| (in millions of USD, except per-share data) | Q1 FY 27 | Q4 FY 26 | Q3 FY 26 | Q2 FY 26 | 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 | Q3 FY 20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||||||||||||
| Revenues | 1,391.0 | 1,284.0 | 1,212.9 | 1,145.0 | 1,042.1 | 986.8 | 942.1 | 868.8 | 828.7 | 774.7 | 734.2 | 674.0 | 623.6 | 589.0 | 557.0 | 497.2 | ||||||||||
| (in millions of USD, except per-share data) | TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||
| Revenues | 5,032.8 | 4,683.9 | 3,626.4 | 2,806.5 | 2,065.7 | 1,219.3 | 592.0 | 264.7 | 96.7 |
| Cost of Revenue | 1,653.5 | 1,537.8 | 1,214.7 | 898.6 | 717.5 | 458.4 | 242.6 | 116.6 | 51.8 |
| Gross Profit | 3,379.3 | 3,146.1 | 2,411.7 | 1,907.9 | 1,348.1 | 760.9 | 349.5 | 148.2 | 44.9 |
| Operating Expenses | |||||||||
| Research & Development | 2,032.0 | 1,969.5 | 1,783.4 | 1,287.9 | 788.1 | 466.9 | 237.9 | 105.2 | 68.7 |
| Selling General & Administrative | - | - | - | ||||||
| Operating Income | |||||||||
| Operating Income | (1,314.1) | (1,435.2) | (1,456.0) | (1,094.8) | (842.3) | (715.0) | (543.9) | (358.1) | (185.5) |
| Non-Operating | |||||||||
| Interest Income | - | - | - | - | - | - | - | - | - |
| Interest Expense | 8.3 | 8.3 | 2.8 | 0.0 | 0.0 | ||||
| Tax & Net | |||||||||
| Income Tax Expense | 10.3 | 17.1 | 4.1 | (11.2) | (18.5) | 3.0 | 2.1 | 1.0 | 0.8 |
| Net Income From Continuing Ops | (1,194.7) | (1,329.0) | (1,289.2) | (838.0) | |||||
| Per Share | |||||||||
| EPS Basic | (3.47) | (3.95) | (3.86) | (2.55) | (2.50) | (2.26) | (3.81) | (7.77) | - |
| EPS Diluted | (3.47) | (3.95) | (3.86) | (2.55) | (2.50) | ||||
| Supplementary Data | |||||||||
| EBITDA | (1,074.8) | (1,214.7) | (1,273.5) | (974.9) | (778.7) | (693.5) | (534.1) | (354.6) | (184.1) |
| EBIT | (1,314.1) | (1,435.2) | (1,456.0) | (1,094.8) | (842.3) | ||||
| 422.4 |
| 383.8 |
| 334.4 |
| 272.2 |
| 228.9 |
| 190.5 |
| 159.6 |
| 133.1 |
| 108.8 |
| 73.0 |
| Cost of Revenue | 464.5 | 426.3 | 390.9 | 371.8 | 348.8 | 333.2 | 320.9 | 288.1 | 272.5 | 241.8 | 228.9 | 218.4 | 209.4 | 205.7 | 190.7 | 173.2 | 147.9 | 134.2 | 120.8 | 106.1 | 97.3 | 82.9 | 66.7 | 50.4 | 42.6 | 29.5 |
| Gross Profit | 926.5 | 857.7 | 822.0 | 773.2 | 693.3 | 653.6 | 621.2 | 580.7 | 556.2 | 532.9 | 505.2 | 455.6 | 414.2 | 383.4 | 366.3 | 324.0 | 274.4 | 249.6 | 213.7 | 166.1 | 131.6 | 107.6 | 92.9 | 82.7 | 66.3 | 43.5 |
| Operating Expenses | ||||||||||||||||||||||||||
| Research & Development | 534.9 | 511.0 | 494.0 | 492.0 | 472.4 | 492.5 | 442.4 | 437.7 | 410.8 | 364.5 | 332.1 | 314.0 | 277.4 | 242.1 | 211.4 | 183.7 | 150.8 | 123.1 | 115.9 | 118.1 | 109.8 | 94.0 | 74.1 | 36.5 | 33.3 | 27.7 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||
| Selling & Marketing | 589.0 | 551.3 | 550.4 | 502.0 | 458.6 | 432.7 | 438.0 | 400.6 | 400.8 | 361.8 | 355.1 | 343.3 | 331.6 | 303.5 | 284.5 | 274.6 | 243.9 | |||||||||
| General & Administrative | 128.7 | 113.5 | 107.1 | 119.5 | 209.6 | 115.1 | 106.3 | 97.8 | 93.1 | 82.1 | 78.7 | 83.7 | 78.5 | 77.5 | 76.5 | 73.4 | 68.5 | |||||||||
| Depreciation & Amortization | 67.6 | 115.5 | 29.1 | 27.0 | 48.8 | 98.1 | 23.0 | 21.2 | 40.2 | 78.2 | 10.0 | 8.5 | 23.2 | 41.1 | 6.6 | 5.9 | ||||||||||
| Amortization of Intangibles | 40.6 | 29.3 | 28.9 | 27.8 | 24.1 | 25.5 | 24.1 | 23.9 | 23.4 | 23.3 | 22.5 | 20.8 | 15.6 | 12.1 | 11.1 | 10.3 | ||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Total Operating Expenses | 1,252.6 | 1,175.8 | 1,151.5 | 1,113.4 | 1,140.5 | 1,040.3 | 986.7 | 936.0 | 904.8 | 808.4 | 765.8 | 741.0 | 687.4 | 623.1 | 572.3 | |||||||||||
| Operating Income | ||||||||||||||||||||||||||
| Operating Income | (326.2) | (318.2) | (329.5) | (340.3) | (447.3) | (386.7) | (365.5) | (355.3) | (348.6) | (275.5) | (260.6) | (285.4) | (273.2) | (239.8) | (206.0) | (207.7) | (188.8) | (152.0) | (157.3) | (200.1) | (205.6) | (200.4) | (169.5) | (77.7) | (96.4) | (90.1) |
| Non-Operating | ||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.5 | - | - | 2.5 |
| Interest Expense | 2.1 | 2.1 | 2.1 | 2.1 | 2.1 | 2.1 | 0.7 | 0.0 | 0.0 | - | 0.0 | - | - | - | - | - | - | - | ||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Other Non-Operating Income | (9.6) | (24.1) | (1.9) | (5.0) | (28.1) | 2.4 | (8.5) | (7.9) | (21.3) | 47.5 | (4.2) | 4.1 | (2.6) | (2.9) | (13.3) | (22.9) | (8.5) | |||||||||
| Pre-Tax Income | (296.7) | (301.9) | (287.9) | (297.9) | (424.2) | (330.1) | (326.0) | (314.0) | (315.1) | (174.2) | (211.3) | (231.0) | (232.7) | (207.1) | (197.4) | (219.0) | ||||||||||
| Tax & Net | ||||||||||||||||||||||||||
| Income Tax Expense | (1.1) | 7.7 | 3.7 | 0.1 | 5.7 | (4.3) | 1.9 | 3.8 | 2.7 | (4.3) | 3.4 | (3.7) | (6.6) | 0.4 | 4.0 | 3.8 | (26.7) | 1.5 | 1.2 | 0.5 | (0.3) | 1.3 | 0.4 | 0.5 | (0.2) | 0.4 |
| Net Income From Continuing Ops | (295.6) | (309.6) | (291.6) | (297.9) | (430.0) | (325.7) | (327.9) | (317.8) | (317.8) | (169.9) | (214.7) | (227.3) | (226.1) | (207.5) | (201.4) | (222.8) | (165.8) | |||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Net Income | (295.6) | (309.6) | (291.6) | (297.9) | (430.0) | (325.7) | (327.9) | (317.8) | (317.8) | (169.9) | (214.7) | (227.3) | (226.1) | (207.5) | (201.4) | (222.8) | (165.8) | |||||||||
| Net Income Attributable To Parent | (295.6) | (309.6) | (294.0) | (298.0) | (430.1) | (327.5) | (324.3) | (316.9) | (317.0) | (169.4) | (214.3) | (226.9) | (225.6) | (207.2) | (200.9) | (222.8) | ||||||||||
| Less: Minority Interest | 0.0 | 0.0 | 2.4 | 0.1 | 0.1 | 1.8 | (3.6) | (0.9) | (0.8) | (0.6) | (0.4) | (0.5) | (0.4) | (0.3) | (0.5) | 0.0 | 0.0 | |||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Net Income To Common Shareholders | (295.6) | (309.6) | (294.0) | (298.0) | (430.1) | (327.5) | (324.3) | (316.9) | (317.0) | (169.4) | (214.3) | (226.9) | (225.6) | (207.2) | (200.9) | |||||||||||
| Per Share | ||||||||||||||||||||||||||
| EPS Basic | (0.86) | - | (0.87) | (0.89) | (1.29) | - | (0.98) | (0.95) | (0.95) | - | (0.65) | (0.69) | (0.70) | - | (0.63) | (0.70) | (0.53) | - | (0.51) | (0.64) | - | - | (1.01) | (1.31) | - | - |
| EPS Diluted | (0.86) | - | (0.87) | (0.89) | (1.29) | - | (0.98) | (0.95) | (0.95) | - | (0.65) | (0.69) | (0.70) | - | (0.63) | (0.70) | (0.53) | - | ||||||||
| Shares Basic | 345.4 | - | 339.6 | 335.2 | 332.7 | - | 331.8 | 334.1 | - | - | 329.3 | 327.3 | 324.2 | - | 320.1 | 318.4 | 314.4 | - | ||||||||
| Shares Diluted | 345.4 | - | 339.6 | 335.2 | 332.7 | - | 331.8 | 334.1 | - | - | 329.3 | 327.3 | 324.2 | - | 320.1 | 318.4 | 314.4 | - | ||||||||
| Supplementary Data | ||||||||||||||||||||||||||
| EBITDA | (258.5) | (202.6) | (300.4) | (313.3) | (398.5) | (288.6) | (342.5) | (334.1) | (308.4) | (197.3) | (250.6) | (276.9) | (250.1) | (198.7) | (199.4) | (201.8) | (178.8) | (142.3) | (153.7) | (196.6) | (200.9) | (195.8) | (167.5) | (76.0) | (94.9) | (89.5) |
| EBIT | (326.2) | (318.2) | (329.5) | (340.3) | (447.3) | (386.7) | (365.5) | (355.3) | (348.6) | (275.5) | (260.6) | (285.4) | (273.2) | (239.8) | (206.0) | (207.7) | (188.8) | (152.0) | (157.3) | |||||||
| - |
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | 2,192.5 | 2,062.1 | 1,672.1 | 1,391.7 | 1,106.5 | 744.0 | 479.3 | 293.6 | 125.6 |
| General & Administrative | 468.8 | 549.7 | 412.3 | 323.0 | 295.8 | 265.0 | 176.1 | 107.5 | 36.1 |
| Depreciation & Amortization | 239.2 | 220.4 | 182.5 | 119.9 | 63.5 | 21.5 | 9.8 | 3.5 | 1.4 |
| Amortization of Intangibles | 126.6 | 110.1 | 96.9 | 82.2 | 38.8 | 7.8 | 2.8 | 0.9 | 0.0 |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 4,693.4 | 4,581.3 | 3,867.7 | 3,002.7 | 2,190.4 | 1,475.9 | 893.4 | 506.3 | 230.4 |
| - |
| - |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | (40.5) | (59.0) | (35.3) | 44.9 | (47.6) | 28.9 | (0.6) | (1.0) | (0.5) |
| Pre-Tax Income | (1,184.3) | (1,311.9) | (1,285.1) | (849.2) | (816.0) | (677.0) | (537.0) | (347.5) | (177.2) |
| (797.5) |
| (679.9) |
| (539.1) |
| (348.5) |
| (178.0) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - |
| Net Income | (1,194.7) | (1,329.0) | (1,289.2) | (838.0) | (797.5) | (679.9) | (539.1) | (348.5) | (178.0) |
| Net Income Attributable To Parent | (1,197.1) | (1,331.6) | (1,285.6) | (836.1) | (796.7) | (679.9) | (539.1) | (348.5) | (178.0) |
| Less: Minority Interest | 2.4 | 2.6 | (3.6) | (1.9) | (0.8) | 0.0 | 0.0 | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (1,197.1) | (1,331.6) | (1,285.6) | (836.1) | (796.7) | (679.9) | (539.1) | (348.5) | (178.0) |
| (2.26) |
| (3.81) |
| (7.77) |
| - |
| Shares Basic | 345.4 | 337.5 | 332.7 | 328.0 | 318.7 | 300.3 | 141.6 | 44.8 | - |
| Shares Diluted | 345.4 | 337.5 | 332.7 | 328.0 | 318.7 | 300.3 | 141.6 | 44.8 | - |
| (715.0) |
| (543.9) |
| (358.1) |
| (185.5) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 203.3 |
| 191.0 |
| 182.9 |
| 166.8 |
| 154.1 |
| 134.7 |
| 92.7 |
| 97.9 |
| 75.7 |
| 75.2 |
| 64.1 |
| 65.2 |
| 60.6 |
| 59.9 |
| 53.5 |
| 31.2 |
| 31.5 |
| 30.3 |
| 9.9 |
| 9.7 |
| 3.6 |
| 3.5 |
| 4.7 |
| 4.6 |
| 2.0 |
| 1.7 |
| 1.5 |
| 0.6 |
| 5.3 |
| 2.2 |
| 1.9 |
| 1.9 |
| 1.8 |
| 0.9 |
| 0.9 |
| 0.6 |
| 0.4 |
| 0.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 531.7 |
| 463.2 |
| 401.6 |
| 370.9 |
| 366.2 |
| 337.2 |
| 308.0 |
| 262.4 |
| 160.4 |
| 162.7 |
| 133.7 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 19.1 |
| 1.6 |
| 8.7 |
| (0.5) |
| 1.0 |
| (0.5) |
| (1.1) |
| 0.1 |
| (0.0) |
| (192.5) |
| (130.6) |
| (153.7) |
| (189.2) |
| (203.5) |
| (197.6) |
| (168.5) |
| (77.1) |
| (93.9) |
| (87.7) |
| (132.2) |
| (154.9) |
| (189.7) |
| (203.2) |
| (198.9) |
| (168.9) |
| (77.6) |
| (93.6) |
| (88.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (132.2) |
| (154.9) |
| (189.7) |
| (203.2) |
| (198.9) |
| (168.9) |
| (77.6) |
| (93.6) |
| (88.1) |
| (165.8) |
| (132.2) |
| (154.9) |
| (189.7) |
| (203.2) |
| (198.9) |
| (168.9) |
| (77.6) |
| (93.6) |
| (88.1) |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (222.8) |
| (165.8) |
| (132.2) |
| (154.9) |
| (189.7) |
| (203.2) |
| (198.9) |
| (168.9) |
| (77.6) |
| (93.6) |
| (88.1) |
| (0.51) |
| (0.64) |
| - |
| - |
| (1.01) |
| (1.31) |
| - |
| - |
| 303.0 |
| 297.7 |
| - |
| - |
| 166.9 |
| 59.3 |
| - |
| - |
| 303.0 |
| 297.7 |
| - |
| - |
| 166.9 |
| 59.3 |
| - |
| - |
| (200.1) |
| (205.6) |
| (200.4) |
| (169.5) |
| (77.7) |
| (96.4) |
| (90.1) |