Desempenho de 10 Anos
Tendências de receita, lucro líquido, margens e EPS
06
Receita$460M2018-12-31 → 2025-12-31
EPS$-0.162020-12-31 → 2025-12-31
Fluxo de caixa livre$-159M2020-12-31 → 2025-12-31
Margem líquida-41.9%2020-12-31 → 2025-12-31
Avaliação e Proporções07–12
Avaliação
Rácios P/E, P/S, P/B, EV/EBITDA — a ação está cara ou barata?
Métrica
Tendência de 5 anos
ZLAB
média 5A
Mediana de Pares
Veredito
P/E (TTM)
-135.2média 5A ≈-87.7
≈-87.7
·
·
P/S (TTM)
60.7média 5A ≈63.6
≈63.6
·
·
P/B (MRQ)
45.0média 5A ≈24.6
≈24.6
·
·
EV / EBITDA (TTM)
-108.5
·
·
·
Preço / FCF (TTM)
-195.7média 5A ≈-97.7
≈-97.7
·
·
Preço / Fluxo de Caixa (TTM)
-204.7média 5A ≈-101.5
≈-101.5
·
·
EV / Receita (TTM)
59.9
·
·
·
EV / FCF (TTM)
-192.9
·
·
·
Preço / Valor Patrimonial Tangível (MRQ)
52.4média 5A ≈26.6
≈26.6
·
·
A mediana dos pares é calculada em uma base padronizada por métrica e pode não corresponder sempre à base TTM/MRQ mostrada para esta ação.
Lucratividade
Margens bruta, operacional e líquida; ROE, ROA, ROIC
Métrica
Tendência de 5 anos
ZLAB
média 5A
Mediana de Pares
Veredito
Margem Operacional (TTM)
-58.7%média 5A ≈-185.8%
≈-185.8%
·
·
Margem EBITDA (TTM)
-55.2%média 5A ≈-182.2%
≈-182.2%
·
·
Margem de Impostos Pré-Tributação (TTM)
-42.4%média 5A ≈-179.0%
≈-179.0%
·
·
Margem de Lucro Líquido (TTM)
-41.9%média 5A ≈-179.1%
≈-179.1%
·
·
ROA (TTM)
-16.8%média 5A ≈-29.0%
≈-29.0%
·
·
ROE (TTM)
-26.9%média 5A ≈-36.2%
≈-36.2%
·
·
ROIC
-24.5%média 5A ≈-33.2%
≈-33.2%
·
·
Saúde financeira
Dívida, liquidez, solvência — força do balanço patrimonial
Métrica
Tendência de 5 anos
ZLAB
média 5A
Mediana de Pares
Veredito
Dívida / Patrimônio Líquido (MRQ)
0.4
·
·
·
Índice de liquidez corrente (MRQ)
2.1média 5A ≈4.6
≈4.6
·
·
Índice de Liquidez Seca (MRQ)
1.6média 5A ≈4.2
≈4.2
·
·
Crescimento
Crescimento da receita, EPS e lucro líquido: YoY, CAGR 3 anos, CAGR 5 anos
Métrica
Tendência de 5 anos
ZLAB
média 5A
Mediana de Pares
Veredito
Revenue YoY (Receita Ano a Ano)
15.3%média 5A ≈66.5%
≈66.5%
·
·
Revenue CAGR 3Y (CAGR Receita 3A)
28.9%média 5A ≈48.4%
≈48.4%
·
·
Revenue CAGR 5Y (CAGR Receita 5A)
56.5%
·
·
·
Métricas por Ação
EPS, valor patrimonial por ação, fluxo de caixa por ação, dividendo por ação
Métrica
Tendência de 5 anos
ZLAB
média 5A
Mediana de Pares
Veredito
EPS (Diluted) (EPS (Diluído))
$-0.16média 5A ≈$-0.40
≈$-0.40
·
·
Revenue / Share (Receita / Ação)
$0.42média 5A ≈$0.37
≈$0.37
·
·
Cash Flow / Share (Fluxo de Caixa / Ação)
$-0.14média 5A ≈$-0.19
≈$-0.19
·
·
Cash / Share (Caixa / Ação)
$0.61média 5A ≈$2.98
≈$2.98
·
·
Eficiência de Capital
Giro de ativos, giro de estoques, giro de contas a receber
Métrica
Tendência de 5 anos
ZLAB
média 5A
Mediana de Pares
Veredito
Asset Turnover (Giro do Ativo)
0.4média 5A ≈0.3
≈0.3
·
·
Inventory Turnover (Giro de Estoque)
3.3média 5A ≈3.1
≈3.1
·
·
Receivables Turnover (Giro de Contas a Receber)
4.8média 5A ≈5.3
≈5.3
·
·
Revenue / Employee (Receita anual ÷ funcionários (número de funcionários reportado, yfinance). Derivado — não é um conceito SEC-XBRL armazenado.)
≈$257.9K
·
·
·
valor · ≈ média 5A · mediana do setor · veredicto relativo à mediana
Histórico de Lucros
EPS real vs. estimativa, surpresa %, taxa de acerto, próxima data de resultados
14
Surpresa Média17.0%
Período
Relatório
EPS Actual
EPS est.
Surpresa
30 de Junho de 2026
$-0.05
$-0.07
24.0%
31 de Março de 2026
$-0.05
$-0.05
-4.4%
31 de Dezembro de 2025
$-0.05
$-0.07
24.0%
30 de Setembro de 2025
$-0.03
$-0.04
32.4%
30 de Junho de 2025
$-0.04
$-0.04
2.0%
31 de Março de 2025
$-0.05
$-0.07
24.0%
Fundamentos Completos
Todas as métricas por ano — demonstração de resultados, balanço patrimonial, fluxo de caixa
15
Demonstração de Resultados16
Métrica
Tendência
2025
2024
2023
2022
2021
2020
2019
Revenue
$460M
$399M
$267M
$215M
$144M
$49M
$13M
Cost of Revenue
$191M
$147M
$96M
$74M
$52M
$17M
$4M
R&D Expense
$221M
$235M
$266M
$286M
$573M
$223M
$142M
SG&A Expense
$278M
$299M
$282M
$259M
$219M
$111M
$70M
Operating Income
$-229M
$-282M
$-367M
$-404M
$-700M
$-302M
$-203M
Interest Expense
·
$2M
$0
$0
$0
$181.0K
$293.0K
Interest Income
$33M
$37M
$40M
$15M
$2M
$5M
$8M
Other Non-op
$4M
$5M
$7M
$3M
$-10M
$7M
$938.0K
Pretax Income
$-178M
$-257M
$-335M
$-443M
$-704M
$-269M
$-194M
Income Tax
$-3M
$0
$0
$0
$0
$0
·
Net Income
$-176M
$-257M
$-335M
$-443M
$-704M
$-269M
$-195M
EPS (Basic)
$-0.16
$-0.26
$-0.35
$-0.46
$-0.76
$-0.35
·
EPS (Diluted)
$-0.16
$-0.26
$-0.35
$-0.46
$-0.76
$-0.35
·
Shares (Basic)
1,095,311,090
989,477,730
966,394,130
958,067,140
929,921,120
776,677,430
·
Shares (Diluted)
1,095,311,090
989,477,730
966,394,130
958,067,140
929,921,120
776,677,430
·
EBITDA
$-214M
$-270M
$-358M
·
$-694M
$-297M
·
Balanço Patrimonial26
Métrica
Tendência
2025
2024
2023
2022
2021
2020
2019
Cash & Equivalents
$680M
$450M
$790M
$1.01B
$964M
$442M
$76M
Short-term Investments
$10M
$330M
$16M
$0
$445M
$745M
$200M
Receivables
$106M
$85M
$59M
$40M
$47M
$5M
$4M
Inventory
$75M
$40M
$45M
$32M
$19M
$13M
$6M
Prepaid Expense
$37M
$42M
$23M
$36M
$18M
$11M
$7M
Current Assets
$1.02B
$1.05B
$940M
$1.12B
$1.50B
$1.22B
$292M
PP&E (Net)
$47M
$48M
$54M
$58M
$43M
$29M
$21M
PP&E (Gross)
$90M
$85M
$84M
$80M
$60M
$39M
$27M
Accum. Depreciation
$42M
$37M
$30M
$22M
$16M
$10M
$5M
Intangibles
$76M
$56M
$13M
$2M
$2M
$2M
$1M
Other Non-current Assets
$3M
$6M
·
·
·
·
·
Total Assets
$1.17B
$1.19B
$1.04B
$1.22B
$1.61B
$1.30B
$355M
Accounts Payable
$142M
$101M
$113M
$66M
$126M
$63M
$23M
Short-term Debt
$205M
$132M
$0
·
·
·
$6M
Current Liabilities
$416M
$299M
$203M
$140M
$193M
$98M
$47M
Capital Leases
$13M
$14M
$8M
$13M
$10M
$13M
$11M
Other Non-current Liabilities
$0
$325.0K
$325.0K
$0
·
·
·
Total Liabilities
$457M
$345M
$240M
$175M
$230M
$128M
$60M
Total Debt
$205M
$132M
·
·
·
·
·
Common Stock
$7.0K
$7.0K
$6.0K
$6.0K
$6.0K
$5.0K
$4.0K
Retained Earnings
$-2.63B
$-2.45B
$-2.20B
$-1.86B
$-1.42B
$-714M
$-445M
Treasury Stock
$29M
$21M
$21M
$12M
$4M
$0
·
AOCI
$30M
$51M
$38M
$26M
$-24M
$-15M
$5M
Stockholders' Equity
$716M
$841M
$796M
$1.05B
$1.38B
$1.17B
$295M
Liabilities + Equity
$1.17B
$1.19B
$1.04B
$1.22B
$1.61B
$1.30B
$355M
Shares Outstanding
1,106,389,340
1,082,614,740
977,151,270
962,455,850
955,363,980
878,110,260
682,372,470
Fluxo de Caixa13
Métrica
Tendência
2025
2024
2023
2022
2021
2020
2019
D&A
$15M
$12M
$9M
$8M
$6M
$5M
$4M
Stock-based Comp
$66M
$71M
$80M
$61M
$41M
$25M
$20M
Amort. of Intangibles
$6M
$3M
$700.0K
$500.0K
$500.0K
$300.0K
$305.0K
Other Non-cash
$-56M
$-40M
$48M
·
$108M
$23M
·
Operating Cash Flow
$-151M
$-215M
$-198M
$-368M
$-549M
$-216M
$-191M
CapEx
$8M
$6M
$7M
$25M
$18M
$10M
$6M
Investing Cash Flow
$308M
$-375M
$-11M
$420M
$250M
$-555M
$-15M
Stock Issued
$0
$217M
$0
$0
·
·
·
Net Stock Activity
$0
$217M
·
·
·
·
·
Financing Cash Flow
$72M
$350M
$-6M
$-2M
$820M
$1.13B
$219M
Net Change in Cash
$230M
$-240M
$-218M
$44M
$522M
$366M
$13M
Free Cash Flow
$-159M
$-221M
$-205M
·
$-568M
$-226M
·
Levered FCF
·
$-223M
·
·
·
·
·
Lucratividade7
Métrica
Tendência
2025
2024
2023
2022
2021
2020
2019
Operating Margin
-49.9%
-70.7%
-137.4%
·
-485.1%
-616.5%
·
Net Margin
-38.1%
-64.4%
-125.5%
·
-488.2%
-549.3%
·
Pretax Margin
-38.8%
-64.4%
-125.5%
·
-487.4%
-549.3%
·
EBITDA Margin
-46.6%
-67.7%
-134.1%
·
-480.6%
-607.0%
·
ROA
-14.9%
-23.1%
-29.7%
·
-48.5%
-32.5%
·
ROE
-23.3%
-34.1%
-39.9%
·
-47.5%
-23.3%
·
ROIC
-24.5%
-29.0%
-46.1%
·
·
·
·
Liquidez e Solvência4
Métrica
Tendência
2025
2024
2023
2022
2021
2020
2019
Current Ratio
2.4
3.5
4.6
·
7.8
12.4
·
Quick Ratio
1.9
2.9
4.3
·
7.6
12.2
·
Debt / Equity
0.3
0.2
·
·
·
·
·
Interest Coverage
·
-125.2
·
·
·
-1667.4
·
Eficiência3
Métrica
Tendência
2025
2024
2023
2022
2021
2020
2019
Asset Turnover
0.4
0.4
0.2
·
0.1
0.1
·
Inventory Turnover
3.3
3.5
2.5
·
3.3
1.7
·
Receivables Turnover
4.8
5.5
5.4
·
5.5
10.9
·
Por Ação5
Métrica
Tendência
2025
2024
2023
2022
2021
2020
2019
Book Value / Share
$0.65
$0.78
$0.82
·
$14.44
$13.32
·
Revenue / Share
$0.42
$0.40
$0.28
·
·
·
·
Cash Flow / Share
$-0.14
$-0.22
$-0.21
·
·
·
·
Cash / Share
$0.61
$0.42
$0.81
·
$10.09
$5.03
·
EPS (TTM)
$-0.16
$-0.26
$-0.35
$-0.46
$-0.76
$-0.35
·
Taxas de Crescimento3
Métrica
Tendência
2025
2024
2023
2022
2021
2020
2019
Revenue YoY
15.3%
49.6%
24.0%
49.0%
194.8%
·
·
Revenue CAGR 3Y
28.9%
40.4%
76.0%
·
·
·
·
Revenue CAGR 5Y
56.5%
·
·
·
·
·
·
Avaliação (TTM)14
Métrica
Tendência
2025
2024
2023
2022
2021
2020
2019
Revenue TTM
$460M
$399M
$267M
$215M
$144M
$49M
·
Net Income TTM
$-176M
$-257M
$-335M
$-443M
$-704M
$-269M
·
Market Cap
$19.52B
$28.23B
$26.57B
·
$6.00B
$11.88B
·
Enterprise Value
$19.03B
$27.58B
·
·
·
·
·
P/E
-110.2
-100.7
-78.1
-66.7
-82.7
-386.7
·
P/S
42.4
70.7
99.6
·
41.6
242.7
·
P/B
27.3
33.6
33.4
·
4.4
10.2
·
P / Tangible Book
30.5
36.0
33.9
28.2
4.4
10.2
·
P / Cash Flow
-129.4
-131.4
-134.1
·
-10.9
-55.0
·
P / FCF
-122.8
-128.0
-129.4
·
-10.6
-52.5
·
EV / EBITDA
-88.8
-102.0
·
·
·
·
·
EV / FCF
-119.8
-125.1
·
·
·
·
·
EV / Revenue
41.4
69.1
·
·
·
·
·
Earnings Yield
-0.91%
-0.99%
-1.3%
-1.5%
-1.2%
-0.26%
·
Demonstração de Resultados16
Métrica
Tendência
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
Revenue
$106M
$100M
$128M
$116M
$110M
$106M
$109M
$102M
$101M
$87M
$66M
$69M
$69M
$63M
$63M
$58M
Cost of Revenue
$48M
$38M
$62M
$47M
$43M
$38M
$42M
$37M
$35M
$34M
$25M
$25M
$24M
$21M
$21M
$20M
R&D Expense
$62M
$66M
$62M
$48M
$51M
$61M
$52M
$66M
$62M
$55M
$82M
$59M
$77M
$48M
$67M
$100M
SG&A Expense
$73M
$65M
$73M
$70M
$71M
$63M
$83M
$67M
$80M
$69M
$83M
$69M
$68M
$63M
$72M
$67M
Operating Income
$-76M
$-69M
$-69M
$-49M
$-55M
$-56M
$-68M
$-68M
$-76M
$-70M
$-124M
$-84M
$-90M
$-70M
$-97M
$-129M
Interest Expense
·
·
·
·
·
·
·
·
·
$113.0K
·
·
·
$0
·
·
Interest Income
$6M
$6M
$7M
$8M
$9M
$9M
$9M
$9M
$9M
$10M
$10M
$9M
$10M
$10M
$9M
$4M
Other Non-op
$5M
$162.0K
$495.0K
$-508.0K
$4M
$-197.0K
$1M
$3M
$-9M
$9M
$7M
$394.0K
$-1M
$1M
$10M
$4M
Pretax Income
$-52M
$-50M
$-53M
$-36M
$-41M
$-48M
$-82M
$-42M
$-80M
$-53M
$-95M
$-69M
$-121M
$-49M
$-62M
$-161M
Income Tax
$-1M
$1M
$-3M
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Net Income
$-51M
$-51M
$-50M
$-36M
$-41M
$-48M
$-82M
$-42M
$-80M
$-53M
$-95M
$-69M
$-121M
$-49M
$-62M
$-161M
EPS (Basic)
$-0.05
$-0.05
$-0.05
$-0.03
$-0.04
$-0.04
$-0.09
$-0.04
$-0.08
$-0.05
$-0.10
$-0.07
$-0.13
$-0.05
$-0.06
$-0.17
EPS (Diluted)
$-0.05
$-0.05
$-0.05
$-0.03
$-0.04
$-0.04
$-0.09
$-0.04
$-0.08
$-0.05
$-0.10
$-0.07
$-0.13
$-0.05
$-0.06
$-0.17
Shares (Basic)
1,116,973,380
1,107,390,590
·
1,102,072,680
1,091,933,150
1,080,825,300
·
981,687,390
975,937,790
973,145,760
·
968,767,730
964,817,310
961,444,780
·
959,085,960
Shares (Diluted)
1,116,973,380
1,107,390,590
·
1,102,072,680
1,091,933,150
1,080,825,300
·
981,687,390
975,937,790
973,145,760
·
968,767,730
964,817,310
961,444,780
·
959,085,960
EBITDA
$-76M
$-65M
·
$-49M
$-55M
$-53M
·
$-68M
$-76M
$-67M
·
$-84M
$-90M
$-67M
·
$-129M
Balanço Patrimonial26
Métrica
Tendência
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
Cash & Equivalents
$608M
$651M
$680M
$717M
$732M
$757M
$450M
$616M
$630M
$651M
·
$789M
$859M
$880M
·
$1.12B
Short-term Investments
$10M
$10M
$10M
$0
$0
$0
$330M
$0
$0
$0
·
$32M
$16M
$51M
·
$0
Receivables
$70M
$54M
$106M
$85M
$88M
$77M
$85M
$50M
$70M
$60M
·
$42M
$47M
$43M
·
$28M
Inventory
$91M
$86M
$75M
$67M
$62M
$53M
$40M
$40M
$42M
$38M
·
$44M
$36M
$38M
·
$29M
Prepaid Expense
$33M
$35M
$37M
$44M
$41M
$44M
$42M
$36M
$20M
$24M
·
$30M
$38M
$43M
·
$22M
Current Assets
$914M
$945M
$1.02B
$1.03B
$1.03B
$1.04B
$1.05B
$861M
$870M
$889M
·
$960M
$1.02B
$1.07B
·
$1.21B
PP&E (Net)
$46M
$47M
$47M
$49M
$50M
$50M
$48M
$51M
$51M
$52M
·
$55M
$56M
$58M
·
$51M
PP&E (Gross)
$94M
$92M
$90M
$89M
$89M
$89M
$85M
$87M
$85M
$85M
·
$83M
$82M
$83M
·
$71M
Accum. Depreciation
$47M
$45M
$42M
$41M
$39M
$39M
$37M
$36M
$34M
$32M
·
$28M
$26M
$24M
·
$20M
Intangibles
$86M
$76M
$76M
$55M
$57M
$56M
$56M
$52M
$44M
$12M
·
$2M
$2M
$1M
·
$2M
Other Non-current Assets
$4M
$3M
$3M
$2M
$3M
$3M
$6M
·
·
·
·
·
·
·
·
·
Total Assets
$1.07B
$1.10B
$1.17B
$1.16B
$1.16B
$1.17B
$1.19B
$985M
$987M
$988M
·
$1.04B
$1.11B
$1.17B
·
$1.30B
Accounts Payable
$137M
$126M
$142M
$100M
$107M
$103M
$101M
$121M
$127M
$88M
·
$55M
$67M
$66M
·
$90M
Short-term Debt
$238M
$214M
$205M
$203M
$175M
$173M
$132M
$113M
$70M
$48M
·
·
·
·
·
·
Current Liabilities
$429M
$393M
$416M
$360M
$332M
$320M
$299M
$286M
$252M
$192M
·
$125M
$133M
$125M
·
$156M
Capital Leases
$11M
$12M
$13M
$11M
$11M
$12M
$14M
$6M
$6M
$8M
·
$10M
$12M
$13M
·
$14M
Other Non-current Liabilities
$225.0K
$40.0K
$0
$325.0K
$325.0K
$325.0K
$325.0K
$325.0K
$325.0K
$325.0K
·
$325.0K
$325.0K
$325.0K
·
·
Total Liabilities
$468M
$434M
$457M
$399M
$372M
$363M
$345M
$318M
$283M
$226M
·
$163M
$174M
$169M
·
$193M
Total Debt
$238M
$214M
·
$203M
$175M
$173M
·
$113M
$70M
$48M
·
·
·
·
·
·
Common Stock
$7.0K
$7.0K
$7.0K
$7.0K
$7.0K
$7.0K
$7.0K
$6.0K
$6.0K
$6.0K
·
$6.0K
$6.0K
$6.0K
·
$6.0K
Retained Earnings
$-2.73B
$-2.68B
$-2.63B
$-2.58B
$-2.54B
$-2.50B
$-2.45B
$-2.37B
$-2.33B
$-2.25B
·
$-2.10B
$-2.03B
$-1.91B
·
$-1.80B
Treasury Stock
$34M
$31M
$29M
$29M
$21M
$21M
$21M
$21M
$21M
$21M
·
$21M
$21M
$17M
·
$11M
AOCI
$214.0K
$15M
$30M
$40M
$46M
$49M
$51M
$28M
$43M
$39M
·
$48M
$52M
$17M
·
$40M
Stockholders' Equity
$607M
$662M
$716M
$760M
$792M
$811M
$841M
$668M
$704M
$762M
$796M
$881M
$932M
$1.00B
$1.05B
$1.11B
Liabilities + Equity
$1.07B
$1.10B
$1.17B
$1.16B
$1.16B
$1.17B
$1.19B
$985M
$987M
$988M
·
$1.04B
$1.11B
$1.17B
·
$1.30B
Shares Outstanding
1,122,445,390
1,110,232,620
1,106,389,340
1,105,865,950
1,099,112,890
1,084,164,200
1,077,702,540
984,356,170
981,398,140
973,285,510
977,151,270
969,037,150
968,566,280
963,688,740
962,455,850
959,724,940
Fluxo de Caixa11
Métrica
Tendência
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
D&A
$4M
$4M
$4M
$4M
$4M
$3M
$3M
$3M
$3M
$3M
$2M
$2M
$2M
$3M
$2M
$2M
Stock-based Comp
$12M
$14M
$16M
$17M
$17M
$16M
$17M
$17M
$19M
$18M
$20M
$22M
$21M
$17M
$16M
$19M
Amort. of Intangibles
$2M
$2M
$1M
$2M
$2M
$2M
$1M
$700.0K
$800.0K
$700.0K
$200.0K
$200.0K
·
·
·
·
Other Non-cash
·
$22M
·
·
·
$-33M
·
·
·
$-58M
·
·
·
$-39M
·
·
Operating Cash Flow
$-63M
$-12M
$-26M
$-32M
$-31M
$-62M
$-56M
$-27M
$-42M
$-90M
$-15M
$-55M
$-59M
$-69M
$-109M
$-126M
CapEx
$1M
$1M
$677.0K
$3M
$3M
$2M
$3M
$1M
$741.0K
$974.0K
$222.0K
$2M
$2M
$4M
$4M
$7M
Investing Cash Flow
$-1M
$-22M
$-11M
$-4M
$-3M
$326M
$-348M
$-30M
$-846.0K
$3M
$14M
$-14M
$43M
$-54M
$-4M
$568M
Financing Cash Flow
$19M
$6M
$-430.0K
$21M
$9M
$43M
$238M
$42M
$22M
$48M
$393.0K
$-1M
$-1M
$-4M
$-199.0K
$709.0K
Net Change in Cash
$-44M
$-28M
$-38M
$-15M
$-25M
$308M
$-166M
$-14M
$-21M
$-39M
$666.0K
$-70M
$-20M
$-128M
$-111M
$439M
Free Cash Flow
·
$-13M
·
·
·
$-63M
·
·
·
$-91M
·
·
·
$-73M
·
·
Levered FCF
·
·
·
·
·
·
·
·
·
$-91M
·
·
·
·
·
·
Lucratividade7
Métrica
Tendência
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
Operating Margin
-72.0%
-69.7%
·
-42.0%
-49.9%
-52.9%
·
-66.3%
-75.7%
-80.7%
·
-120.7%
-130.0%
-110.7%
·
-223.5%
Net Margin
-47.8%
-51.2%
·
-31.0%
-37.0%
-45.5%
·
-40.8%
-79.9%
-61.4%
·
-99.9%
-175.6%
-78.3%
·
-280.1%
Pretax Margin
-48.8%
-49.8%
·
-31.0%
-37.0%
-45.5%
·
-40.8%
-79.9%
-61.4%
·
-99.9%
-175.6%
-78.3%
·
-280.1%
EBITDA Margin
-72.0%
-65.7%
·
-42.0%
-49.9%
-49.6%
·
-66.3%
-75.7%
-77.2%
·
-120.7%
-130.0%
-106.5%
·
-223.5%
ROA
-4.5%
-4.5%
·
-3.4%
-3.8%
-4.5%
·
-4.1%
-7.7%
-5.0%
·
-5.9%
-9.6%
-3.7%
·
-10.7%
ROE
-7.3%
-6.9%
·
-5.0%
-5.5%
-6.2%
·
-5.4%
-9.8%
-6.1%
·
-7.0%
-11.3%
-4.3%
·
-12.0%
ROIC
-8.9%
-8.2%
·
-5.1%
-5.7%
-5.7%
·
-8.7%
-9.8%
-8.7%
·
-9.5%
-9.6%
-6.9%
·
-11.6%
Liquidez e Solvência4
Métrica
Tendência
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
Current Ratio
2.1
2.4
·
2.9
3.1
3.3
·
3.0
3.5
4.6
·
7.7
7.6
8.6
·
7.8
Quick Ratio
1.6
1.8
·
2.2
2.5
2.6
·
2.3
2.8
3.7
·
6.9
6.9
7.8
·
7.4
Debt / Equity
0.4
0.3
·
0.3
0.2
0.2
·
0.2
0.1
0.1
·
·
·
·
·
·
Interest Coverage
·
·
·
·
·
·
·
·
·
-622.2
·
·
·
·
·
·
Eficiência3
Métrica
Tendência
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
Asset Turnover
0.1
0.1
·
0.1
0.1
0.1
·
0.1
0.1
0.1
·
0.1
0.1
0.0
·
0.0
Inventory Turnover
0.6
0.6
·
0.9
0.8
0.8
·
0.9
0.9
0.9
·
0.7
0.8
0.7
·
1.0
Receivables Turnover
1.3
1.5
·
1.7
1.4
1.6
·
2.2
1.7
1.7
·
2.0
1.9
1.6
·
2.4
Por Ação5
Métrica
Tendência
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
Book Value / Share
$0.54
$0.60
·
$0.69
$0.72
$0.75
·
$0.68
$0.72
$0.78
·
$0.91
$0.96
$1.04
·
$1.15
Revenue / Share
$0.10
$0.09
·
$0.11
$0.10
$0.10
·
$0.10
$0.10
$0.09
·
$0.07
$0.07
$0.07
·
$0.06
Cash Flow / Share
·
$-0.01
·
·
·
$-0.06
·
·
·
$-0.09
·
·
·
$-0.07
·
·
Cash / Share
$0.54
$0.59
·
$0.65
$0.67
$0.70
·
$0.63
$0.64
$0.67
·
$0.81
$0.89
$0.91
·
$1.17
EPS (TTM)
$-0.18
$-0.17
·
$-0.20
$-0.21
$-0.25
·
$-0.27
$-0.30
$-0.35
·
$-0.31
$-0.41
$-0.42
·
$-0.63
Avaliação (TTM)11
Métrica
Tendência
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
Revenue TTM
$450M
$453M
·
$442M
$428M
$418M
·
$356M
$323M
$291M
·
$263M
$252M
$231M
·
$197M
Net Income TTM
$-188M
$-178M
·
$-207M
$-213M
$-252M
·
$-271M
$-298M
$-339M
·
$-301M
$-393M
$-410M
·
$-593M
Market Cap
$21.33B
$20.88B
·
$37.48B
$38.44B
$39.18B
·
$23.76B
$17.01B
$15.59B
·
$23.56B
$26.86B
$32.05B
·
$32.82B
Enterprise Value
$20.95B
$20.44B
·
$36.96B
$37.88B
$38.60B
·
$23.26B
$16.45B
$14.99B
·
·
·
·
·
·
P/E
-105.6
-110.6
·
-169.4
-166.5
-144.6
·
-89.4
-57.8
-45.8
·
-78.4
-67.6
-79.2
·
-54.3
P/S
47.4
46.1
·
84.9
89.8
93.7
·
66.8
52.7
53.6
·
89.4
106.7
138.7
·
166.9
P/B
35.1
31.5
·
49.3
48.5
48.3
·
35.6
24.2
20.5
·
26.7
28.8
32.0
·
29.7
P / Tangible Book
40.9
35.6
·
53.2
52.3
51.9
·
38.6
25.8
20.8
·
26.8
28.9
32.1
·
29.7
P / Cash Flow
·
-1753.1
·
·
·
-635.0
·
·
·
-173.0
·
·
·
-462.6
·
·
EV / Revenue
46.6
45.1
·
83.7
88.5
92.3
·
65.4
51.0
51.5
·
·
·
·
·
·
Earnings Yield
-0.95%
-0.90%
·
-0.59%
-0.60%
-0.69%
·
-1.1%
-1.7%
-2.2%
·
-1.3%
-1.5%
-1.3%
·
-1.8%
Período mais recente à esquerda · valores nulos mostrados como ·
Demonstrações Financeiras
Demonstração de resultados, balanço patrimonial, fluxo de caixa — anual, últimos 5 anos
16
Métrica
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Receita
$460M
$399M
$267M
$215M
$144M
Margem Operacional %
-49.9%
-70.7%
-137.4%
·
-485.1%
Lucro líquido
$-176M
$-257M
$-335M
$-443M
$-704M
EPS Diluído
$-0.16
$-0.26
$-0.35
$-0.46
$-0.76
Métrica
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Dívida / Patrimônio Líquido
0.3
0.2
·
·
·
Índice de liquidez corrente
2.4
3.5
4.6
·
7.8
Índice de Liquidez Seca
1.9
2.9
4.3
·
7.6
Métrica
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Fluxo de caixa livre
$-159M
$-221M
$-205M
·
$-568M
Investidores institucionais (13F)
97 declarantes
· $813.8M total
· Em 30 de Junho de 2026
17
Instituições que relatam a posse desta ação em seu Formulário 13F trimestral da SEC. Apenas posições compradas; um único declarante pode aparecer duas vezes para opções separadas. Grandes posições de compra/venda compensatórias geralmente refletem market-making ou inventário protegido, não convicção direcional.
Detentores97
Valor detido$813.8M
Novas posições16
Posições encerradas21
Atividade institucional — Q2 2026 vs trimestre anterior
Novas posições
Posições encerradas
Aumentou
Diminuído
Variação líquida de ações
16 (-4 vs trimestre anterior)
21 (-20 vs trimestre anterior)
29 (+5 vs trimestre anterior)
26 (-17 vs trimestre anterior)
+15.2M
Comparado a Q1 2026. Os registros do Formulário 13F da SEC devem ser feitos em até 45 dias após o final do trimestre, mais um pequeno período de tolerância para registrantes atrasados — trimestres ainda dentro desse período são ignorados em favor do par mais recente totalmente reportado.
Executivos de declarações SEC Formulário 3/4/5; líquido = apenas P/V de mercado aberto
Participação em ETFs
Detido por 8 ETFs
20
O peso reflete apenas participações diretas em ações (N-PORT); fundos alavancados ou baseados em derivativos podem deter exposição adicional a swaps não mostrada.