CIFR Stock Price Chart
Daily OHLCV with technical indicators — pan, zoom, and customize your view
04
range
bars
Bar granularity adapts to the selected period — hover the chart to see open/high/low/close for a bar.
10-Year Performance
Revenue, net income, margins and EPS trends
06
Revenue$224M2022-12-31 → 2025-12-31
EPS$-2.152021-12-31 → 2025-12-31
Free Cash Flow$-696M2021-12-31 → 2025-12-31
Net margin-585.8%2022-12-31 → 2025-12-31
Valuation & Ratios07–12
Valuation
P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Metric
5Y trend
CIFR
5Y avg
Peer Median
Verdict
P/E (TTM)
-5.55Y avg ≈-19.8
≈-19.8
·
·
P/S (TTM)
34.15Y avg ≈23.1
≈23.1
2.8
Overvalued
P/B (MRQ)
11.65Y avg ≈3.2
≈3.2
·
·
EV / EBITDA
-38.3
·
·
·
Price / FCF (TTM)
-3.95Y avg ≈-12.0
≈-12.0
·
·
Price / Cash Flow (TTM)
-25.45Y avg ≈-20.6
≈-20.6
·
·
EV / Revenue
38.0
·
·
·
EV / FCF
-12.2
·
·
·
Price / Tangible Book (MRQ)
13.45Y avg ≈3.4
≈3.4
·
·
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability
Gross, operating and net margins; ROE, ROA, ROIC
Metric
5Y trend
CIFR
5Y avg
Peer Median
Verdict
Operating Margin (TTM)
-278.1%5Y avg ≈-366.3%
≈-366.3%
7.6%
Weak
EBITDA Margin
-99.4%5Y avg ≈-344.1%
≈-344.1%
7.6%
Weak
Pretax Margin (TTM)
-587.6%5Y avg ≈-410.2%
≈-410.2%
6.4%
Weak
Net Profit Margin (TTM)
-585.8%5Y avg ≈-425.7%
≈-425.7%
5.9%
Weak
ROA (TTM)
-26.3%5Y avg ≈-18.9%
≈-18.9%
8.7%
Weak
ROE (TTM)
-170.8%5Y avg ≈-29.8%
≈-29.8%
-4.3%
Weak
ROIC
-11.7%5Y avg ≈-8.5%
≈-8.5%
14.0%
Weak
Financial Health
Debt, liquidity, solvency — balance sheet strength
Metric
5Y trend
CIFR
5Y avg
Peer Median
Verdict
Debt / Equity (MRQ)
10.0
·
0.1
High debt
Current Ratio (MRQ)
3.05Y avg ≈91.8
≈91.8
2.4
Strong liquidity
Quick Ratio
0.95Y avg ≈84.8
≈84.8
1.0
Low liquidity
Long-Term Debt / Equity (MRQ)
9.7
·
0.1
High debt
Growth
Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Metric
5Y trend
CIFR
5Y avg
Peer Median
Verdict
Revenue YoY
48.0%5Y avg ≈1381.3%
≈1381.3%
·
·
Revenue CAGR 3Y
319.3%
·
·
·
Per Share Metrics
EPS, book value per share, cash flow per share, dividend per share
Metric
5Y trend
CIFR
5Y avg
Peer Median
Verdict
EPS (Diluted)
$-2.155Y avg ≈$-0.58
≈$-0.58
·
·
Revenue / Share
$0.595Y avg ≈$0.39
≈$0.39
·
·
Cash Flow / Share
$-0.545Y avg ≈$-0.32
≈$-0.32
·
·
Cash / Share
$1.555Y avg ≈$0.55
≈$0.55
·
·
Capital Efficiency
Asset turnover, inventory turnover, receivables turnover
Metric
5Y trend
CIFR
5Y avg
Peer Median
Verdict
Asset Turnover
0.15Y avg ≈0.1
≈0.1
0.8
Weak
Revenue / Employee
≈$3.4M
·
·
·
value · ≈ 5Y avg · industry median · verdict relative to median
Earnings History
EPS actual vs estimate, surprise %, beat rate, next earnings date
14
Avg Surprise-144.7%
Next ReportNov 02, 2026
Period
Report
EPS Actual
EPS Est
Surprise
June 30, 2026
Aug 11, 2026
$-0.65
$-0.24
-172.2%
March 31, 2026
May 12, 2026
$-0.28
$-0.24
-17.1%
Dec. 31, 2025
$-0.37
$-0.10
-267.4%
Sept. 30, 2025
$-0.09
$-0.02
-276.6%
June 30, 2025
$-0.12
$-0.07
-60.6%
March 31, 2025
$-0.11
$-0.06
-74.3%
Full Fundamentals
All metrics by year — income statement, balance sheet, cash flow
15
Income Statement15
Metric
Trend
2025
2024
2023
2022
Revenue
$224M
$151M
$127M
$3M
Cost of Revenue
$81M
$62M
$50M
$748.0K
SG&A Expense
$36M
$33M
$28M
$71M
Operating Income
$-422M
$-44M
$-20M
$-37M
Interest Expense
·
·
$2M
$137.0K
Interest Income
$19M
$3M
$164.0K
$215.0K
Other Non-op
$-406M
$-3M
$-17.0K
·
Pretax Income
$-826M
$-44M
$-22M
$-37M
Income Tax
$-3M
$318.0K
$4M
$2M
Net Income
$-822M
$-45M
$-26M
$-39M
EPS (Basic)
$-2.15
$-0.14
$-0.10
$-0.16
EPS (Diluted)
$-2.15
$-0.14
$-0.10
$-0.16
Shares (Basic)
381,602,904
323,103,303
252,439,461
248,227,458
Shares (Diluted)
381,602,904
323,103,303
252,439,461
248,227,458
EBITDA
$-223M
$-44M
$-20M
$-37M
Balance Sheet26
Metric
Trend
2025
2024
2023
2022
Cash & Equivalents
$628M
$6M
$74M
$12M
Receivables
·
·
·
$98.0K
Prepaid Expense
$8M
$3M
$4M
$7M
Current Assets
$2.65B
$168M
$155M
$48M
PP&E (Net)
·
·
$244M
$191M
PP&E (Gross)
·
·
$303M
$195M
Accum. Depreciation
·
·
$59M
$4M
Intangibles
$77M
$9M
$8M
$596.0K
Other Non-current Assets
$562M
$4M
$0
·
Total Assets
$4.29B
$855M
$566M
$418M
Accounts Payable
$40M
$23M
·
$14M
Accrued Liabilities
$90M
$70M
$22M
$19M
Short-term Debt
$38M
$32M
$0
·
Current Liabilities
$699M
$132M
$34M
$40M
Capital Leases
$9M
$10M
$6M
$4M
Deferred Tax
$0
$4M
$5M
$2M
Total Liabilities
$3.46B
$173M
$75M
$76M
Long-term Debt
$2.71B
$0
·
·
Total Debt
$2.79B
$32M
·
·
Common Stock
$412.0K
$361.0K
$296.0K
$251.0K
Paid-in Capital
$1.81B
$863M
·
·
Retained Earnings
$-1.00B
$-181M
$-137M
$-111M
Treasury Stock
$7.0K
$11.0K
$5.0K
$4.0K
Stockholders' Equity
$806M
$682M
$491M
$343M
Liabilities + Equity
$4.29B
$855M
$566M
$418M
Shares Outstanding
404,963,061
350,783,817
290,957,862
247,551,958
Cash Flow16
Metric
Trend
2025
2024
2023
2022
D&A
$199M
$102M
$59M
$4M
Stock-based Comp
$53M
$42M
$38M
$42M
Deferred Tax
$-4M
$-937.0K
$3M
$2M
Amort. of Intangibles
$600.0K
$500.0K
$0
·
Other Non-cash
$367M
·
·
·
Operating Cash Flow
$-208M
$-88M
$-94M
$-21M
CapEx
$488M
$139M
$20M
$39M
Investing Cash Flow
$-337M
$-192M
$53M
$-174M
Stock Issued
$195M
$222M
$132M
·
Stock Repurchased
$90M
$28M
$4M
$3M
Net Stock Activity
$106M
$198M
$132M
$-3M
Financing Cash Flow
$3.19B
$214M
$116M
$-3M
Net Change in Cash
$2.64B
$-66M
$74M
$-198M
Taxes Paid
$555.0K
·
·
·
Free Cash Flow
$-696M
$-227M
$-115M
$-61M
Levered FCF
·
·
$-117M
$-61M
Profitability7
Metric
Trend
2025
2024
2023
2022
Operating Margin
-188.2%
-28.9%
-15.9%
-1232.2%
Net Margin
-367.2%
-29.5%
-20.3%
-1285.9%
Pretax Margin
-368.7%
-29.3%
-17.5%
-1225.3%
EBITDA Margin
-99.4%
-28.9%
-15.9%
-1232.2%
ROA
-31.9%
-6.3%
-5.2%
-10.1%
ROE
-105.8%
-6.6%
-6.2%
-10.8%
ROIC
-11.7%
-6.2%
-4.8%
-11.5%
Liquidity & Solvency5
Metric
Trend
2025
2024
2023
2022
Current Ratio
3.8
1.3
4.6
1.2
Quick Ratio
0.9
0.0
2.5
0.3
Debt / Equity
3.5
0.0
·
·
LT Debt / Equity
3.4
·
·
·
Interest Coverage
·
·
-10.1
-273.1
Efficiency2
Metric
Trend
2025
2024
2023
2022
Asset Turnover
0.1
0.2
0.3
0.0
Receivables Turnover
·
·
·
62.0
Per Share5
Metric
Trend
2025
2024
2023
2022
Book Value / Share
$1.99
$1.94
$1.69
$1.39
Revenue / Share
$0.59
$0.47
$0.50
$0.01
Cash Flow / Share
$-0.54
$-0.27
$-0.37
$-0.08
Cash / Share
$1.55
$0.02
$0.30
$0.05
EPS (TTM)
$-2.15
$-0.14
$-0.10
$-0.16
Growth Rates2
Metric
Trend
2025
2024
2023
2022
Revenue YoY
48.0%
19.3%
4076.6%
·
Revenue CAGR 3Y
319.3%
·
·
·
Valuation (TTM)14
Metric
Trend
2025
2024
2023
2022
Revenue TTM
$224M
$151M
$127M
$3M
Net Income TTM
$-822M
$-45M
$-26M
$-39M
Market Cap
$5.98B
$1.63B
$1.20B
$139M
Enterprise Value
$8.14B
$1.65B
·
·
P/E
-6.9
-33.1
-41.3
-3.5
P/S
26.7
10.8
9.5
45.6
P/B
7.4
2.4
2.4
0.4
P / Tangible Book
8.2
2.4
2.5
0.4
P / Cash Flow
-28.7
-18.6
-12.8
-6.6
P / FCF
-8.6
-7.2
-10.5
-2.3
EV / EBITDA
-36.6
-37.9
·
·
EV / FCF
-11.7
-7.3
·
·
EV / Revenue
36.3
10.9
·
·
Earnings Yield
-14.6%
-3.0%
-2.4%
-28.6%
Income Statement15
Metric
Trend
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
Revenue
$25M
$35M
$60M
$72M
$44M
$49M
$42M
$24M
$37M
$48M
$43M
$30M
$31M
$22M
Cost of Revenue
$15M
$18M
$24M
$27M
$15M
$15M
$18M
$15M
$14M
$15M
$13M
$13M
$16M
$8M
SG&A Expense
$16M
$12M
$10M
$8M
$9M
$9M
$9M
$9M
$8M
$6M
$7M
$7M
$9M
$5M
Operating Income
$-79M
$-115M
$-301M
$-38M
$-45M
$-38M
$17M
$-91M
$-16M
$47M
$15M
$-19M
$-12M
$-4M
Interest Expense
·
·
·
·
·
·
·
·
$372.0K
$400.0K
·
$627.0K
$485.0K
$401.0K
Interest Income
$36M
$32M
$19M
$457.0K
$296.0K
$190.0K
$357.0K
$1M
$1M
$786.0K
$52.0K
$11.0K
$25.0K
$76.0K
Other Non-op
$-7M
$-15M
$-410M
$3M
$1M
$-156.0K
$-1M
$-4.0K
$727.0K
$-2M
$1.0K
$-6.0K
$-12.0K
·
Pretax Income
$-267M
$-114M
$-738M
$-4M
$-45M
$-39M
$16M
$-91M
$-15M
$45M
$15M
$-20M
$-13M
$-4M
Income Tax
$367.0K
$407.0K
$-4M
$-303.0K
$917.0K
$144.0K
$-2M
$-4M
$528.0K
$6M
$4M
$-1M
$615.0K
$70.0K
Net Income
$-268M
$-114M
$-734M
$-3M
$-46M
$-39M
$18M
$-87M
$-15M
$40M
$11M
$-19M
$-13M
$-5M
EPS (Basic)
$-0.65
$-0.28
$-1.91
$-0.01
$-0.12
$-0.11
$0.04
$-0.26
$-0.05
$0.13
$0.04
$-0.07
$-0.05
$-0.02
EPS (Diluted)
$-0.65
$-0.28
$-1.91
$-0.01
$-0.12
$-0.11
$0.04
$-0.26
$-0.05
$0.13
$0.04
$-0.07
$-0.05
$-0.02
Shares (Basic)
409,382,093
405,112,315
·
393,191,623
375,052,248
360,514,620
·
332,680,037
314,353,742
296,641,499
·
251,789,350
249,127,664
248,654,082
Shares (Diluted)
409,382,093
405,112,315
·
393,191,623
375,052,248
360,514,620
·
332,680,037
314,353,742
304,397,979
·
251,789,350
249,127,664
248,654,082
EBITDA
$-79M
$-96M
·
$-38M
$-45M
$-38M
·
$-91M
$-16M
$47M
·
$-18M
$-12M
$-6M
Balance Sheet26
Metric
Trend
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
Cash & Equivalents
$832M
$715M
$628M
$1.21B
$63M
$23M
$6M
$25M
$123M
$89M
$74M
$3M
$2M
$4M
Receivables
·
·
·
·
·
·
·
·
·
·
·
·
·
$281.0K
Prepaid Expense
$34M
$30M
$8M
$4M
$7M
$3M
$3M
$3M
$4M
$3M
·
$4M
$2M
$4M
Current Assets
$4.13B
$3.89B
$2.65B
$1.42B
$220M
$155M
$168M
$152M
$309M
$250M
·
$54M
$42M
$36M
PP&E (Net)
·
·
·
·
·
·
·
·
$239M
$239M
·
$258M
$268M
$263M
PP&E (Gross)
·
·
·
·
·
·
·
·
$334M
$314M
·
$301M
$297M
$278M
Accum. Depreciation
·
·
·
·
·
·
·
·
$95M
$76M
·
$43M
$29M
$15M
Intangibles
$77M
$77M
$77M
$9M
$9M
$9M
$9M
$26M
$9M
$8M
·
·
·
·
Other Non-current Assets
$553M
$554M
$562M
$553M
$5M
$5M
$4M
$210.0K
$203.0K
·
·
·
·
·
Total Assets
$7.50B
$6.39B
$4.29B
$2.84B
$1.02B
$914M
$855M
$775M
$776M
$677M
·
$416M
$417M
$413M
Accounts Payable
$289M
$198M
$40M
$12M
$15M
$30M
$23M
·
·
·
·
·
·
$11M
Accrued Liabilities
$357M
$205M
$90M
$38M
$30M
$66M
$70M
$41M
$18M
$19M
·
$25M
$23M
$17M
Short-term Debt
$94M
$355M
$38M
$0
$0
$35M
$32M
·
·
·
·
·
·
·
Current Liabilities
$1.38B
$1.25B
$699M
$570M
$53M
$139M
$132M
$59M
$36M
$31M
·
$39M
$39M
$33M
Capital Leases
$38M
$6M
$9M
$9M
$9M
$10M
$10M
$10M
$9M
$6M
·
$4M
$4M
$4M
Deferred Tax
·
·
$0
$4M
$3M
$4M
$4M
$7M
$11M
$10M
·
$1M
$3M
$2M
Total Liabilities
$6.91B
$5.65B
$3.46B
$2.06B
$270M
$179M
$173M
$103M
$85M
$76M
·
$74M
$74M
$68M
Long-term Debt
$5.45B
$4.38B
$2.71B
$1.02B
$167M
·
$0
·
·
·
·
·
·
·
Total Debt
$5.64B
$5.09B
·
$1.02B
$167M
$35M
·
·
·
·
·
·
·
·
Common Stock
$424.0K
$413.0K
$412.0K
$395.0K
$388.0K
$371.0K
$361.0K
$356.0K
$336.0K
$313.0K
·
$259.0K
$254.0K
$253.0K
Paid-in Capital
$1.95B
$1.83B
$1.81B
·
·
·
$863M
·
·
·
·
·
·
·
Retained Earnings
$-1.39B
$-1.12B
$-1.00B
$-269M
$-266M
$-220M
$-181M
$-199M
$-112M
$-97M
·
$-148M
$-131M
$-118M
Treasury Stock
$9.0K
$7.0K
$7.0K
$2.0K
$2.0K
$1.0K
$11.0K
$8.0K
$7.0K
$6.0K
·
$5.0K
$4.0K
$4.0K
Stockholders' Equity
$562M
$714M
$806M
$783M
$749M
$735M
$682M
$672M
$691M
$601M
$491M
$343M
$343M
$345M
Liabilities + Equity
$7.50B
$6.39B
$4.29B
$2.84B
$1.02B
$914M
$855M
$775M
$776M
$677M
·
$416M
$417M
$413M
Shares Outstanding
414,253,564
405,266,365
404,963,061
393,602,553
386,758,546
370,857,699
350,783,817
347,800,186
328,616,426
306,543,330
·
254,558,178
250,413,891
248,906,007
Cash Flow15
Metric
Trend
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
D&A
$19M
$19M
$52M
$60M
$44M
$43M
$36M
$29M
$20M
$17M
$17M
$16M
$14M
$12M
Stock-based Comp
$31M
$27M
$25M
$8M
$10M
$9M
$10M
$10M
$13M
$8M
$10M
$11M
$9M
$9M
Deferred Tax
$0
$0
$-4M
$464.0K
$-228.0K
$-635.0K
$-2M
$-4M
$193.0K
$5M
$4M
$-1M
$584.0K
$53.0K
Amort. of Intangibles
$200.0K
$200.0K
$11.0K
$200.0K
$200.0K
$200.0K
$-47.0K
$200.0K
$200.0K
$147.0K
$0
$0
$0
$0
Other Non-cash
·
$160M
·
·
·
·
·
·
·
·
·
·
·
·
Operating Cash Flow
$-244M
$92M
$-54M
$-50M
$-56M
$-47M
$-29M
$-7M
$-25M
$-27M
$-48M
$-71M
$-39M
$-10M
CapEx
$410M
$554M
$226M
$206M
$31M
$100M
$47M
$77M
$8M
$8M
$-12M
$4M
$11M
$18M
Investing Cash Flow
$-323M
$-474M
$-205M
$-21M
$-93M
$-17M
$3M
$-133M
$-31M
$-31M
$15M
$72M
$36M
$3M
Stock Issued
$129M
$0
$77M
$32M
$52M
$34M
$-3M
$62M
$97M
$66M
$121M
$9M
·
·
Stock Repurchased
$45M
$4M
$82M
$3M
$3M
$1M
$17M
$4M
$4M
$3M
$678.0K
$2M
$633.0K
$481.0K
Net Stock Activity
·
$-4M
·
·
·
$33M
·
·
·
$63M
·
·
·
$-481.0K
Financing Cash Flow
$880M
$1.96B
$1.70B
$1.22B
$189M
$82M
$6M
$57M
$91M
$60M
$116M
$366.0K
$53.0K
$-481.0K
Net Change in Cash
$313M
$1.58B
$1.44B
$1.14B
$40M
$18M
$-20M
$-83M
$34M
$3M
$83M
$2M
$-2M
$-8M
Free Cash Flow
·
$-462M
·
·
·
$-72M
·
·
·
$-35M
·
·
·
$-7M
Levered FCF
·
·
·
·
·
·
·
·
·
$-35M
·
·
·
$-8M
Profitability7
Metric
Trend
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
Operating Margin
-316.2%
-328.9%
·
-52.5%
-103.8%
-77.8%
·
-379.2%
-43.9%
97.2%
·
-60.0%
-37.1%
-28.2%
Net Margin
-1077.1%
-328.1%
·
-4.6%
-105.1%
-79.6%
·
-359.9%
-41.5%
82.9%
·
-58.4%
-40.7%
-30.1%
Pretax Margin
-1075.7%
-327.0%
·
-5.0%
-103.0%
-79.3%
·
-375.7%
-40.1%
94.5%
·
-62.1%
-38.7%
-29.8%
EBITDA Margin
-316.2%
-274.3%
·
-52.5%
-103.8%
-77.8%
·
-379.2%
-43.9%
97.2%
·
-60.0%
-37.1%
-28.2%
ROA
-6.3%
-3.1%
·
-0.18%
-5.1%
-4.9%
·
-14.6%
-2.6%
7.3%
·
-4.3%
-3.4%
-1.7%
ROE
-40.8%
-15.8%
·
-0.45%
-6.4%
-5.8%
·
-17.1%
-3.0%
8.4%
·
-4.9%
-3.9%
-1.9%
ROIC
-1.3%
-2.0%
·
-1.9%
-5.0%
-5.0%
·
-13.0%
-2.4%
6.8%
·
-5.0%
-3.5%
-1.8%
Liquidity & Solvency5
Metric
Trend
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
Current Ratio
3.0
3.1
·
2.5
4.2
1.1
·
2.6
8.5
8.1
·
1.4
1.1
1.1
Quick Ratio
0.6
0.6
·
2.1
1.2
0.2
·
0.4
3.4
2.9
·
0.1
0.0
0.1
Debt / Equity
10.0
7.1
·
1.3
0.2
0.0
·
·
·
·
·
·
·
·
LT Debt / Equity
9.7
6.1
·
1.3
0.2
·
·
·
·
·
·
·
·
·
Interest Coverage
·
·
·
·
·
·
·
·
-43.5
117.0
·
-29.0
-23.9
-15.4
Efficiency2
Metric
Trend
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
Asset Turnover
0.0
0.0
·
0.0
0.0
0.1
·
0.0
0.1
0.1
·
0.1
0.1
0.1
Receivables Turnover
·
·
·
·
·
·
·
·
·
·
·
·
·
155.8
Per Share5
Metric
Trend
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
Book Value / Share
$1.36
$1.76
·
$1.99
$1.94
$1.98
·
$1.93
$2.10
$1.96
·
$1.35
$1.37
$1.38
Revenue / Share
$0.06
$0.09
·
$0.18
$0.12
$0.14
·
$0.07
$0.12
$0.16
·
$0.12
$0.13
$0.09
Cash Flow / Share
·
$0.23
·
·
·
$-0.13
·
·
·
$-0.09
·
·
·
$0.04
Cash / Share
$2.01
$1.76
·
$3.07
$0.16
$0.06
·
$0.07
$0.37
$0.29
·
$0.01
$0.01
$0.02
EPS (TTM)
$-2.85
$-2.32
·
$-0.20
$-0.45
$-0.38
·
$-0.14
$0.05
$0.05
·
$-0.35
$-0.04
$-0.11
Valuation (TTM)11
Metric
Trend
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
Revenue TTM
$191M
$210M
·
$206M
$159M
$152M
·
$152M
$159M
$153M
·
·
·
·
Net Income TTM
$-1.12B
$-898M
·
$-71M
$-154M
$-124M
·
$-52M
$17M
$19M
·
$-88M
$-10M
$-26M
Market Cap
$10.15B
$5.22B
·
$4.96B
$1.85B
$853M
·
$1.35B
$1.36B
$1.58B
·
$593M
$716M
$580M
Enterprise Value
$14.95B
$9.59B
·
$4.77B
$1.95B
$865M
·
·
·
·
·
·
·
·
P/E
-8.6
-5.5
·
-63.0
-10.6
-6.1
·
-27.6
83.0
103.0
·
-6.7
-71.5
-21.2
P/S
53.1
24.9
·
24.0
11.6
5.6
·
8.8
8.6
10.3
·
·
·
·
P/B
18.1
7.3
·
6.3
2.5
1.2
·
2.0
2.0
2.6
·
1.7
2.1
1.7
P / Tangible Book
20.9
8.2
·
6.4
2.5
1.2
·
2.1
2.0
2.7
·
1.7
2.1
1.7
P / Cash Flow
·
57.0
·
·
·
-18.1
·
·
·
-59.3
·
·
·
53.6
EV / Revenue
78.3
45.7
·
23.1
12.3
5.7
·
·
·
·
·
·
·
·
Earnings Yield
-11.6%
-18.0%
·
-1.6%
-9.4%
-16.5%
·
-3.6%
1.2%
0.97%
·
-15.0%
-1.4%
-4.7%
Most recent period on the left · null values shown as ·
Financial Statements
Income statement, balance sheet, cash flow — annual, last 5 years
16
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Revenue
$224M
$151M
$127M
$3M
·
Operating Margin %
-188.2%
-28.9%
-15.9%
-1232.2%
·
Net Income
$-822M
$-45M
$-26M
$-39M
$-72M
Diluted EPS
$-2.15
$-0.14
$-0.10
$-0.16
$-0.33
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Debt / Equity
3.5
0.0
·
·
·
Current Ratio
3.8
1.3
4.6
1.2
448.0
Quick Ratio
0.9
0.0
2.5
0.3
420.3
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Free Cash Flow
$-696M
$-227M
$-115M
$-61M
$-37M
Institutional owners (13F)
557 filers
· $12.5B total
· As of Sept. 30, 2026
17
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Holders557
Value held$12.5B
New positions155
Exited positions35
Institutional activity — Q2 2026 vs prior quarter
New positions
Exited positions
Increased
Decreased
Net shares change
155 (+37 vs prior Q)
35 (-35 vs prior Q)
181 (+29 vs prior Q)
137 (+30 vs prior Q)
+63.9M
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
Company insiders
19 insiders
· 5 officers · 15 directors