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Communications Equipment
Communications EquipmentAnalysis in progress
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Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health59
Growth99
Profitability39
Cash generation50
Balance sheet81
Dilution control27
Key ratios and five-year financials
Latest quarter revenue YoY (2026-09-26)136.5%Revenue growth (FY)83.2%Revenue CAGR (3y)19.5%Gross margin41.7%Operating margin17.4%Net margin-230.1%Free cash flow margin10.0%R&D / revenue11.8%Stock comp / revenue5.6%Net debt / operating cash flow1.58xCurrent ratio1.68Diluted share count change7.2%
| Fiscal year ending | FY 2022-07 | FY 2023-07 | FY 2024-06 | FY 2025-06 | FY 2026-06 |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.8B | $1.4B | $1.6B | $3.0B |
| Gross profit | $789M | $569M | $252M | $460M | $1.3B |
| Operating income | $303M | -$116M | -$434M | -$180M | $525M |
| Net income | $199M | -$132M | -$546M | $26M | -$6.9B |
| Operating cash flow | $459M | $180M | $25M | $126M | $751M |
| Capital expenditure | $91M | $128M | $133M | $231M | $451M |
| Free cash flow | $368M | $51M | -$108M | -$105M | $300M |
| R&D | $221M | $308M | $302M | $304M | $356M |
| Stock-based comp | $103M | $148M | $129M | $177M | $170M |
| Buybacks | $544M | $176M | $0 | $0 | — |
| Cash | $1.3B | $859M | $437M | $521M | $2.0B |
| Total debt | $2.4B | — | $2.5B | $2.6B | $3.2B |
| Equity | $1.9B | $1.4B | $957M | $1.1B | $4.6B |
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