| (in millions of USD, except per-share data) | Q1 FY 26 | Q4 FY 25 | Q3 FY 25 | Q2 FY 25 | Q1 FY 25 | Q4 FY 24 | Q3 FY 24 | Q2 FY 24 | Q1 FY 24 | Q4 FY 23 | Q3 FY 23 | Q2 FY 23 | Q1 FY 23 | Q4 FY 22 | Q3 FY 22 | Q2 FY 22 | Q1 FY 22 | Q4 FY 21 | Q3 FY 21 | Q2 FY 21 | Q1 FY 21 | Q4 FY 20 | Q3 FY 20 | Q2 FY 20 | Q1 FY 20 | Q4 FY 19 | Q3 FY 19 | Q2 FY 19 | Q1 FY 19 | Q4 FY 18 | Q3 FY 18 | Q2 FY 18 | Q1 FY 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||||||||||
| Revenues | 1,007.5 | 1,319.3 | 1,049.2 | 998.2 | 855.0 | 1,154.1 | 898.4 | 853.7 | 740.0 | 981.3 | 763.2 | 708.0 | 602.6 | 877.2 | 684.6 | 665.9 | |||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||
| Revenues | 4,374.3 | 4,221.8 | 3,646.2 | 3,055.1 | 2,802.6 | 2,578.0 | 1,692.7 | 1,142.8 | 755.9 | 472.9 |
| Cost of Revenue | 880.8 | 841.5 | 750.4 | 688.8 | 678.6 | 529.3 | 449.4 | 358.9 | 241.6 | 178.7 |
| Gross Profit | 3,493.5 | 3,380.2 | 2,895.8 | 2,366.3 | 2,124.0 | 2,048.7 | 1,243.3 | 783.9 | 514.3 | 294.2 |
| Operating Expenses | ||||||||||
| Research & Development | 1,476.6 | 1,427.4 | 1,240.6 | 1,068.4 | 949.0 | 780.3 | 606.2 | 1,207.1 | 251.7 | 208.0 |
| Selling General & Administrative | - | - | ||||||||
| Operating Income | ||||||||||
| Operating Income | 275.1 | 319.9 | 179.8 | (125.7) | (101.7) | 326.2 | (142.5) | (1,388.9) | (74.7) | (137.9) |
| Non-Operating | ||||||||||
| Interest Income | - | - | - | - | 30.9 | 4.2 | 16.1 | 30.2 | 13.2 | 8.3 |
| Interest Expense | - | - | - | - | ||||||
| Tax & Net | ||||||||||
| Income Tax Expense | 51.7 | 29.0 | (1,574.5) | 19.2 | 10.1 | 4.5 | 1.3 | 0.5 | 0.4 | 0.3 |
| Net Income From Continuing Ops | 334.3 | 416.9 | 1,862.1 | |||||||
| Per Share | ||||||||||
| EPS Basic | 0.53 | 0.62 | 2.74 | (0.05) | (0.14) | 0.49 | (0.22) | (3.24) | - | - |
| EPS Diluted | 0.53 | 0.61 | 2.67 | (0.05) | ||||||
| Supplementary Data | ||||||||||
| EBITDA | - | 345.0 | 201.1 | (104.2) | (55.2) | 353.7 | (105.5) | (1,361.1) | (53.9) | (121.8) |
| EBIT | 275.1 | 319.9 | 179.8 | (125.7) | ||||||
| 574.9 |
| 846.7 |
| 632.9 |
| 613.2 |
| 485.2 |
| 705.6 |
| 442.6 |
| 272.5 |
| 271.9 |
| 399.9 |
| 279.7 |
| 261.2 |
| 201.9 |
| 273.2 |
| 190.2 |
| 161.2 |
| 131.4 |
| Cost of Revenue | 238.6 | 226.9 | 212.3 | 203.0 | 199.3 | 197.0 | 187.5 | 184.9 | 181.1 | 178.1 | 171.0 | 168.7 | 170.9 | 185.0 | 182.6 | 164.9 | 146.1 | 141.2 | 126.8 | 127.8 | 133.5 | 129.0 | 112.8 | 108.3 | 99.2 | 96.3 | 83.5 | 105.4 | 73.7 | 68.3 | 63.6 | 58.0 | 51.7 |
| Gross Profit | 769.0 | 1,092.4 | 836.9 | 795.2 | 655.7 | 957.2 | 710.9 | 668.8 | 558.9 | 803.2 | 592.2 | 539.3 | 431.7 | 692.2 | 501.9 | 501.0 | 428.8 | 705.4 | 506.1 | 485.4 | 351.8 | 576.6 | 329.8 | 164.2 | 172.7 | 303.6 | 196.2 | 155.8 | 128.2 | 204.9 | 126.5 | 103.2 | 79.7 |
| Operating Expenses | |||||||||||||||||||||||||||||||||
| Research & Development | 380.8 | 364.9 | 371.3 | 359.6 | 331.7 | 320.8 | 326.7 | 312.8 | 280.3 | 268.0 | 264.7 | 269.4 | 266.3 | 265.2 | 254.7 | 233.5 | 195.5 | 240.9 | 185.9 | 181.7 | 171.7 | 163.7 | 160.2 | 136.6 | 145.7 | 165.0 | 167.7 | 801.9 | 72.4 | 66.5 | 63.5 | 61.6 | 60.0 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||
| Selling & Marketing | 317.9 | 303.0 | 296.7 | 313.1 | 253.9 | 271.1 | 249.0 | 265.4 | 226.3 | 240.9 | 225.9 | 243.2 | 201.1 | 317.3 | 229.9 | 212.0 | 174.0 | ||||||||||||||||
| General & Administrative | 103.5 | 123.3 | 110.4 | 126.8 | 105.6 | 103.7 | 141.1 | 112.1 | 106.7 | 98.1 | 106.6 | 99.9 | 207.9 | 103.8 | 86.8 | 90.0 | 63.0 | ||||||||||||||||
| Depreciation & Amortization | 8.8 | - | - | - | 5.8 | - | - | - | 4.9 | - | - | - | 6.2 | - | - | - | |||||||||||||||||
| Amortization of Intangibles | 2.3 | - | - | - | 1.8 | - | - | - | - | - | - | - | - | - | 5.5 | 3.0 | - | ||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Total Operating Expenses | 1,087.8 | 1,018.2 | 990.7 | 1,002.6 | 890.5 | 892.5 | 904.3 | 875.1 | 794.4 | 785.0 | 768.2 | 781.3 | 846.3 | 871.3 | 753.9 | ||||||||||||||||||
| Operating Income | |||||||||||||||||||||||||||||||||
| Operating Income | (80.3) | 301.2 | 58.5 | (4.3) | (35.5) | 261.6 | (5.9) | (21.4) | (54.4) | 196.3 | (5.0) | (73.2) | (243.7) | 5.9 | (69.4) | (34.5) | (3.7) | 179.4 | 98.4 | 71.2 | (22.9) | 205.1 | (97.0) | (104.5) | (146.1) | (43.2) | (133.7) | (1,167.1) | (44.8) | 44.1 | (22.4) | (41.4) | (55.0) |
| Non-Operating | |||||||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | 24.9 | 24.9 | 17.5 | 9.3 | 3.4 | 0.7 | 0.8 | 0.8 | 1.1 | 1.5 | 1.9 | 2.9 | 4.2 | 7.2 | 8.1 | 9.8 | 8.1 | 4.1 | 3.8 | 3.5 | 3.2 | 2.6 |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Other Non-Operating Income | (1.0) | (0.1) | 0.1 | 11.0 | 4.5 | (13.3) | 3.2 | (4.6) | (4.5) | 5.9 | (4.6) | 2.2 | 0.3 | - | (9.7) | - | - | ||||||||||||||||
| Pre-Tax Income | (63.5) | 327.7 | 87.2 | 34.7 | (3.7) | 276.8 | 29.8 | 8.6 | (27.7) | 231.1 | 17.1 | (46.2) | (218.5) | 28.8 | (70.2) | (40.4) | |||||||||||||||||
| Tax & Net | |||||||||||||||||||||||||||||||||
| Income Tax Expense | 10.1 | 50.6 | (4.9) | (4.1) | (12.6) | (1,570.6) | (0.8) | (0.2) | (2.9) | 29.9 | 10.4 | (11.2) | (9.9) | 11.3 | (5.0) | 2.7 | 1.1 | 2.1 | 0.5 | 3.2 | (1.3) | 0.7 | 0.0 | 0.4 | 0.2 | 0.5 | (0.2) | 0.0 | 0.2 | 0.2 | 0.1 | 0.0 | 0.1 |
| Net Income From Continuing Ops | (73.6) | 277.1 | 92.1 | 38.8 | 8.9 | 1,847.5 | 30.6 | 8.9 | (24.8) | 201.2 | 6.7 | (34.9) | (208.6) | 17.5 | (65.2) | (43.1) | (5.3) | ||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Net Income | (73.6) | 277.1 | 92.1 | 38.8 | 8.9 | 1,847.5 | 30.6 | 8.9 | (24.8) | 201.2 | 6.7 | (34.9) | (208.6) | 17.5 | (65.2) | (43.1) | (5.3) | ||||||||||||||||
| Net Income Attributable To Parent | (73.6) | 277.1 | 92.1 | 38.8 | 8.9 | 1,847.5 | 30.6 | 8.9 | (24.8) | 201.2 | 6.7 | (34.9) | (208.6) | 17.5 | (65.2) | (43.1) | |||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Net Income To Common Shareholders | (73.6) | 277.1 | 92.1 | 38.8 | 8.9 | 1,847.5 | 30.6 | 8.9 | (24.8) | 201.2 | 6.7 | (34.9) | (208.6) | 17.5 | (65.2) | ||||||||||||||||||
| Per Share | |||||||||||||||||||||||||||||||||
| EPS Basic | (0.12) | - | 0.14 | 0.06 | 0.01 | - | 0.05 | 0.01 | (0.04) | - | 0.01 | (0.05) | (0.31) | - | (0.10) | (0.07) | (0.01) | - | 0.15 | 0.11 | (0.03) | - | (0.16) | (0.17) | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (0.12) | - | 0.13 | 0.06 | 0.01 | - | 0.04 | 0.01 | (0.04) | - | 0.01 | (0.05) | (0.31) | - | (0.10) | (0.07) | (0.01) | - | |||||||||||||||
| Shares Basic | 636.6 | - | 677.8 | 676.9 | 676.5 | - | 678.5 | 683.2 | 678.8 | - | 669.3 | 674.3 | 681.1 | - | 669.2 | 662.2 | 656.9 | - | |||||||||||||||
| Shares Diluted | 636.6 | - | 694.5 | 689.8 | 689.4 | - | 695.5 | 708.3 | 678.8 | - | 687.1 | 674.3 | 681.1 | - | 669.2 | 662.2 | 656.9 | - | |||||||||||||||
| Supplementary Data | |||||||||||||||||||||||||||||||||
| EBITDA | (71.5) | - | - | - | (29.6) | - | - | - | (49.6) | - | - | - | (237.5) | - | - | - | 3.6 | - | - | - | (16.1) | - | - | - | (134.3) | - | - | - | (39.1) | - | - | - | (50.2) |
| EBIT | (80.3) | 301.2 | 58.5 | (4.3) | (35.5) | 261.6 | (5.9) | (21.4) | (54.4) | 196.3 | (5.0) | (73.2) | (243.7) | 5.9 | (69.4) | (34.5) | (3.7) | 179.4 | 98.4 | ||||||||||||||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | 1,230.6 | 1,166.7 | 1,011.8 | 911.2 | 933.1 | 641.3 | 442.8 | 611.6 | 259.9 | 162.5 |
| General & Administrative | 464.1 | 466.2 | 463.7 | 512.4 | 343.5 | 301.0 | 336.8 | 354.1 | 77.5 | 61.6 |
| Depreciation & Amortization | - | 25.2 | 21.3 | 21.5 | 46.5 | 27.5 | 37.0 | 27.8 | 20.9 | 16.1 |
| Amortization of Intangibles | - | 5.8 | 7.4 | 7.4 | 24.9 | 1.3 | 1.0 | 1.5 | 0.7 | 1.5 |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 4,099.2 | 3,901.9 | 3,466.3 | 3,180.7 | 2,904.3 | 2,251.8 | 1,835.2 | 2,531.6 | 830.7 | 610.8 |
| - |
| - |
| - |
| - |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 10.0 | 15.5 | (19.2) | 3.8 | (14.5) | (8.3) | - | - | - | - |
| Pre-Tax Income | 386.1 | 445.9 | 287.6 | (16.4) | (85.9) | 321.0 | (127.0) | (1,360.8) | (62.6) | (129.7) |
| (35.6) |
| (96.0) |
| 316.4 |
| (128.3) |
| (1,361.4) |
| (63.0) |
| (130.0) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - |
| Net Income | 334.3 | 416.9 | 1,862.1 | (35.6) | (96.0) | 316.4 | (128.3) | (1,361.4) | (63.0) | (130.0) |
| Net Income Attributable To Parent | 334.3 | 416.9 | 1,862.1 | (35.6) | (96.0) | 316.4 | (128.3) | (1,361.4) | (63.0) | (130.0) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | 334.3 | 416.9 | 1,862.1 | (35.6) | (96.0) | 316.4 | (128.3) | (1,361.4) | (63.0) | (130.0) |
| (0.14) |
| 0.46 |
| (0.22) |
| (3.24) |
| - |
| - |
| Shares Basic | 636.6 | 674.7 | 678.8 | 674.6 | 665.7 | 640.0 | 596.3 | 420.5 | - | - |
| Shares Diluted | 636.6 | 687.8 | 698.4 | 674.6 | 665.7 | 691.7 | 596.3 | 420.5 | - | - |
| (101.7) |
| 326.2 |
| (142.5) |
| (1,388.9) |
| (74.7) |
| (137.9) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 190.5 |
| 156.1 |
| 164.3 |
| 130.3 |
| 120.8 |
| 118.5 |
| 86.5 |
| 117.0 |
| 127.5 |
| 110.7 |
| 296.9 |
| 76.4 |
| 72.3 |
| 66.7 |
| 65.1 |
| 55.8 |
| 94.6 |
| 65.7 |
| 68.1 |
| 72.6 |
| 87.0 |
| 148.1 |
| 45.7 |
| 56.1 |
| 54.2 |
| 51.5 |
| 224.2 |
| 24.2 |
| 22.1 |
| 18.7 |
| 17.8 |
| 18.9 |
| 7.2 |
| - |
| - |
| - |
| 6.8 |
| - |
| - |
| - |
| 11.7 |
| - |
| - |
| - |
| 5.7 |
| - |
| - |
| - |
| 4.8 |
| - |
| 0.3 |
| 0.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 700.4 |
| 578.6 |
| 667.2 |
| 534.5 |
| 542.0 |
| 508.1 |
| 500.5 |
| 539.6 |
| 377.0 |
| 418.0 |
| 443.1 |
| 413.4 |
| 1,428.4 |
| 246.7 |
| 229.1 |
| 212.6 |
| 202.6 |
| 186.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (4.2) |
| 176.8 |
| 94.4 |
| 72.7 |
| (23.0) |
| 208.5 |
| (94.2) |
| (100.3) |
| (141.0) |
| (35.2) |
| (124.9) |
| (1,159.5) |
| (41.3) |
| 47.2 |
| (18.8) |
| (38.4) |
| (52.6) |
| 174.7 |
| 94.0 |
| 69.4 |
| (21.7) |
| 207.8 |
| (94.2) |
| (100.7) |
| (141.2) |
| (35.7) |
| (124.7) |
| (1,159.5) |
| (41.4) |
| 47.0 |
| (18.9) |
| (38.4) |
| (52.7) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 174.7 |
| 94.0 |
| 69.4 |
| (21.7) |
| 207.8 |
| (94.2) |
| (100.7) |
| (141.2) |
| (35.7) |
| (124.7) |
| (1,159.5) |
| (41.4) |
| 47.0 |
| (18.9) |
| (38.4) |
| (52.7) |
| (5.3) |
| 174.7 |
| 94.0 |
| 69.4 |
| (21.7) |
| 207.8 |
| (94.2) |
| (100.7) |
| (141.2) |
| (35.7) |
| (124.7) |
| (1,159.5) |
| (41.4) |
| 47.0 |
| (18.9) |
| (38.4) |
| (52.7) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (43.1) |
| (5.3) |
| 174.7 |
| 94.0 |
| 69.4 |
| (21.7) |
| 207.8 |
| (94.2) |
| (100.7) |
| (141.2) |
| (35.7) |
| (124.7) |
| (1,159.5) |
| (41.4) |
| 47.0 |
| (18.9) |
| (38.4) |
| (52.7) |
| 0.14 |
| 0.10 |
| (0.03) |
| - |
| (0.16) |
| (0.17) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 644.0 |
| 636.2 |
| 628.6 |
| - |
| 603.5 |
| 586.7 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 691.9 |
| 692.4 |
| 628.6 |
| - |
| 603.5 |
| 586.7 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 71.2 |
| (22.9) |
| 205.1 |
| (97.0) |
| (104.5) |
| (146.1) |
| (43.2) |
| (133.7) |
| (1,167.1) |
| (44.8) |
| 44.1 |
| (22.4) |
| (41.4) |
| (55.0) |