Financial Statements — AI
Balance Sheet
(in billions USD)| Metric | Q3
2026 | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 |
|---|
| Cash & Equivalents | 0.09 | 0.10 | 0.08 | 0.13 | 0.12 | 0.13 | 0.11 | 0.15 | 0.21 | 0.31 | 0.28 | 0.22 | 0.20 | 0.17 | 0.27 | 0.96 |
| Short-term Investments | 0.53 | 0.57 | 0.63 | 0.60 | 0.61 | 0.63 | 0.61 | 0.61 | 0.54 | 0.46 | 0.56 | 0.69 | 0.76 | 0.80 | 0.83 | 0.16 |
| Accounts Receivable | 0.12 | 0.14 | 0.11 | 0.18 | 0.16 | 0.14 | 0.17 | 0.14 | 0.12 | 0.14 | 0.09 | 0.08 | 0.07 | 0.03 | 0.06 | 0.03 |
| Total Current Assets | 0.78 | 0.85 | 0.85 | 0.93 | 0.92 | 0.93 | 0.93 | 0.93 | 0.89 | 0.95 | 0.96 | 1.01 | 1.06 | 1.02 | 1.17 | 1.17 |
| Property, Plant & Equipment | 0.07 | 0.07 | 0.08 | 0.08 | 0.08 | 0.09 | 0.09 | 0.09 | 0.09 | 0.08 | 0.06 | 0.04 | 0.01 | 0.01 | 0.01 | 0.01 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Non-current Assets* | 0.11 | 0.12 | 0.12 | 0.12 | 0.13 | 0.13 | 0.14 | 0.14 | 0.19 | 0.15 | 0.14 | 0.13 | 0.12 | 0.15 | 0.02 | 0.02 |
| Total Assets | 0.90 | 0.96 | 0.97 | 1.06 | 1.05 | 1.06 | 1.06 | 1.07 | 1.09 | 1.10 | 1.10 | 1.14 | 1.19 | 1.16 | 1.19 | 1.18 |
| Accounts Payable | 0.02 | 0.04 | 0.01 | 0.03 | 0.02 | 0.03 | 0.02 | 0.03 | 0.03 | 0.02 | 0.03 | 0.04 | 0.01 | 0.01 | 0.01 | 0.01 |
| Total Current Liabilities | 0.12 | 0.13 | 0.11 | 0.14 | 0.12 | 0.12 | 0.11 | 0.11 | 0.11 | 0.12 | 0.12 | 0.13 | 0.13 | 0.13 | 0.14 | 0.10 |
| Total Non-current Liabilities* | 0.06 | 0.06 | 0.06 | 0.06 | 0.07 | 0.06 | 0.06 | 0.05 | 0.05 | 0.02 | 0.03 | 0.03 | 0.03 | 0.01 | 0.01 | 0.01 |
| Total Liabilities | 0.18 | 0.19 | 0.17 | 0.19 | 0.19 | 0.18 | 0.17 | 0.16 | 0.16 | 0.15 | 0.15 | 0.16 | 0.16 | 0.14 | 0.15 | 0.11 |
| Retained Earnings | (1.73) | (1.60) | (1.50) | (1.30) | (1.22) | (1.15) | (1.02) | (0.94) | (0.87) | (0.75) | (0.68) | (0.61) | (0.48) | (0.44) | (0.39) | (0.33) |
| Total Stockholder Equity | 0.72 | 0.77 | 0.80 | 0.86 | 0.86 | 0.87 | 0.90 | 0.91 | 0.93 | 0.95 | 0.95 | 0.98 | 1.03 | 1.03 | 1.04 | 1.07 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q4
2026 | Q3
2026 | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 |
|---|
| Total Revenue | 51.60 | 53.26 | 75.15 | 70.26 | 108.72 | 98.78 | 94.34 | 87.21 | 86.59 | 78.40 | 73.23 | 72.36 | 72.41 | 66.67 | 62.41 | 65.31 | 72.32 | 69.77 | 58.26 | 52.41 |
| Cost of Revenue | 40.28 | 44.03 | 44.77 | 43.82 | 41.21 | 40.44 | 36.50 | 35.05 | 34.98 | 33.11 | 32.12 | 31.81 | 24.91 | 22.27 | 20.75 | 18.41 | 17.36 | 17.35 | 15.97 | 13.03 |
| Gross Profit | 11.32 | 9.24 | 30.38 | 26.44 | 67.51 | 58.35 | 57.84 | 52.17 | 51.61 | 45.29 | 41.11 | 40.55 | 47.50 | 44.40 | 41.66 | 46.90 | 54.95 | 52.42 | 42.29 | 39.38 |
| Research & Development | 47.26 | 58.82 | 58.35 | 64.65 | 58.39 | 59.36 | 55.72 | 52.93 | 50.62 | 49.48 | 50.40 | 50.87 | 49.68 | 55.05 | 50.05 | 55.88 | 46.38 | 40.93 | 36.52 | 26.71 |
| Selling, General & Admin | 25.05 | 23.64 | 25.80 | 24.10 | 27.39 | 25.38 | 21.77 | 19.70 | 20.05 | 21.21 | 20.22 | 19.89 | 19.40 | 17.89 | 18.64 | 21.25 | 17.65 | 15.75 | 15.28 | 12.36 |
| Total Operating Expenses | 132.48 | 149.64 | 142.49 | 151.26 | 156.48 | 145.93 | 133.13 | 124.75 | 133.92 | 127.83 | 120.51 | 114.64 | 120.78 | 116.44 | 113.62 | 120.11 | 111.48 | 99.83 | 97.97 | 75.90 |
| Operating Income | (121.16) | (140.41) | (112.11) | (124.82) | (88.96) | (87.58) | (75.29) | (72.59) | (82.31) | (82.55) | (79.40) | (74.09) | (73.28) | (72.04) | (71.97) | (73.21) | (56.52) | (47.41) | (55.68) | (36.52) |
| Pretax Income | (115.46) | (133.19) | (104.43) | (116.47) | (79.59) | (79.86) | (65.71) | (62.55) | (73.00) | (72.14) | (69.55) | (64.21) | (64.77) | (63.02) | (68.69) | (71.69) | (58.22) | (39.25) | (56.73) | (37.07) |
| Tax Provision | 0.11 | 0.17 | 0.24 | 0.30 | 0.11 | 0.34 | 0.26 | 0.27 | (0.07) | 0.49 | 0.23 | 0.15 | 0.19 | 0.14 | 0.16 | 0.18 | 0.20 | 0.19 | 0.01 | 0.39 |
| Net Income | (115.57) | (133.36) | (104.67) | (116.77) | (79.70) | (80.20) | (65.97) | (62.83) | (72.93) | (72.63) | (69.78) | (64.36) | (64.96) | (63.16) | (68.85) | (71.87) | (58.42) | (39.45) | (56.74) | (37.46) |
| Basic EPS | (0.80) | (0.94) | (0.75) | (0.86) | (0.60) | (0.62) | (0.52) | (0.50) | (0.59) | (0.60) | (0.59) | (0.56) | -- | (0.57) | (0.63) | (0.67) | -- | -- | -- | -- |
| Diluted EPS | (0.80) | (0.94) | (0.75) | (0.86) | (0.60) | (0.62) | (0.52) | (0.50) | (0.59) | (0.60) | (0.59) | (0.56) | -- | (0.57) | (0.63) | (0.67) | -- | -- | -- | -- |
Cash Flow Statement
(in millions USD)| Metric | Q4
2026 | Q3
2026 | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 |
|---|
| Operating Cash Flow | (54.44) | (55.76) | (46.50) | (33.53) | 11.26 | (22.02) | (38.69) | 8.04 | 21.34 | (39.05) | (48.59) | 3.94 | 27.05 | (51.90) | (52.59) | (38.26) | (13.16) | (55.42) | (18.90) | 1.02 |
| Capital Expenditures | 0.32 | 0.44 | 0.39 | 0.76 | 0.94 | 0.36 | 0.82 | 0.92 | 2.54 | 6.09 | 5.29 | 11.34 | 10.75 | 19.79 | 24.44 | 15.54 | 1.61 | 0.75 | 0.27 | 0.51 |
| Free Cash Flow* | (54.76) | (56.20) | (46.88) | (34.29) | 10.33 | (22.38) | (39.51) | 7.12 | 18.81 | (45.14) | (53.88) | (7.40) | 16.30 | (71.69) | (77.03) | (53.79) | (14.77) | (56.18) | (19.16) | 0.51 |
| Investing Cash Flow | 23.93 | 40.24 | 62.09 | (51.17) | 22.94 | 12.37 | 22.64 | (41.55) | 25.99 | 4.10 | (11.90) | (84.80) | (56.44) | 85.85 | 111.01 | (80.47) | 161.68 | 84.49 | (81.18) | 152.03 |
| Financing Cash Flow | 7.86 | 1.16 | 6.67 | 1.29 | 5.06 | 13.47 | 3.51 | 0.18 | 5.26 | 0.51 | 3.06 | 2.48 | 3.07 | (0.86) | (2.68) | 1.09 | (13.52) | 8.03 | 21.54 | 4.97 |
* Derived from reported values
