It recorded a net loss of $435.1 million. Diluted earnings per share were -$0.76.
USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.
| Line |
FY 2026
Sep 30, 2026
|
FY 2025
Dec 31, 2025
|
FY 2024
Dec 31, 2024
|
FY 2023
Dec 31, 2023
|
FY 2022
Dec 31, 2022
|
FY 2021
Dec 31, 2021
|
FY 2020
Dec 31, 2020
|
|---|---|---|---|---|---|---|---|
| Research and development |
328
-16.7%
|
376
-1.9%
|
383
+10.1%
|
348
+17.0%
|
297
+96.3%
|
151
+132.7%
|
65
|
| Selling, general and administrative |
90
-7.4%
|
97
-31.8%
|
142
+8.5%
|
131
+6.4%
|
123
+93.2%
|
64
+300.6%
|
16
|
| Operating income |
-418
+14.8%
|
-473
+10.0%
|
-525
-9.6%
|
-479
-13.9%
|
-421
-95.4%
|
-215
-165.7%
|
-81
|
| Interest income |
35
-10.3%
|
39
-16.1%
|
46
+26.1%
|
36
+234.6%
|
11
+479.1%
|
2
+72.3%
|
1
|
| Interest expense |
2
-9.6%
|
2
-8.3%
|
2
|
—
|
—
|
—
|
—
|
| Other non-operating income (expense) |
—
|
3
-21.6%
|
3
+2382.9%
|
-0
-164.8%
|
0
+43.0%
|
0
+100.0%
|
-1,601
|
| Pretax income |
—
|
-434
|
—
|
—
|
—
|
—
|
—
|
| Income tax |
1
-30.3%
|
2
+674.0%
|
-0
-1445.0%
|
0
|
0
|
0
|
0
|
| Net income |
-384
+14.7%
|
-435
+9.0%
|
-478
-7.3%
|
-445
-8.1%
|
-412
-796.1%
|
-46
+97.3%
|
-1,682
|
| Basic EPS |
-0.63
+22.6%
|
-0.76
+19.1%
|
-0.94
+2.1%
|
-0.96
-1.1%
|
-0.95
-763.6%
|
-0.11
|
—
|
| Diluted EPS |
-0.63
+22.6%
|
-0.76
+19.1%
|
-0.94
+2.1%
|
-0.96
-1.1%
|
-0.95
-82.7%
|
-0.52
|
—
|
| Weighted average shares, basic |
613
+10.3%
|
576
+13.4%
|
508
+9.9%
|
462
+6.8%
|
433
+7.1%
|
404
|
—
|
| Weighted average shares, diluted |
613
+10.3%
|
576
+13.4%
|
508
+9.9%
|
462
+6.8%
|
433
+5.7%
|
410
|
—
|
| Other measures | |||||||
| Depreciation and amortization |
54
-22.2%
|
66
+13.5%
|
58
+37.7%
|
42
+48.4%
|
28
+152.3%
|
11
+63.6%
|
7
|
| EBITDA |
-364
+13.6%
|
-407
+12.9%
|
-467
-6.9%
|
-437
-11.4%
|
-392
-92.3%
|
-204
-175.1%
|
-74
|
| Interest coverage |
-221.61x
|
-231.78x
|
-236.15x
|
—
|
—
|
—
|
—
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.
New to this? Read How to Read an Income Statement, With a Real Example.
Company profile
- Industry
- Miscellaneous Electrical Machinery, Equipment & Supplies (SIC 3690)
- Listed as
- QS (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- San Jose, CA
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1811414
- Former names
- Kensington Capital Acquisition Corp. (until Nov 27, 2020)
Other Miscellaneous Electrical Machinery, Equipment & Supplies companies
- Cae Inc CAE
- EnerSys ENS
- Novanta Inc NOVT
- Spectrum Brands Holdings, Inc. SPB
- Energizer Holdings, Inc. ENR
- InoBat B.V. INBT
- Amprius Technologies, Inc. AMPX
- Fluence Energy, Inc. FLNC
All 55 Miscellaneous Electrical Machinery, Equipment & Supplies companies
Source: SEC EDGAR filings. This is company-reported data, not investment advice.