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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Jan. 31, 2026
Feb. 01, 2025
Cash flows from operating activities:    
Net income $ 303,177 $ 15,595
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 18,783 14,281
Share-based compensation 132,939 49,493
Warrant contra revenue 0 13,186
Write-downs for excess and obsolete inventory 11,831 4,353
Changes in operating assets and liabilities:    
Accounts receivable (81,069) (97,471)
Inventories (127,879) (31,677)
Other current assets (3,687) 5,115
Other non-current assets (20,830) 1,628
Accounts payable 36,303 22,343
Accrued compensation and benefits, other current liabilities and other non-current liabilities 12,482 10,415
Net cash provided by operating activities 282,050 7,261
Cash flows from investing activities:    
Purchases of property and equipment (52,523) (32,406)
Maturities of short-term investments 229,010 376,777
Purchases of short-term investments (115,000) (113,716)
Business acquisition, net of cash acquired (82,564) 0
Net cash (used in) provided by investing activities (21,077) 230,655
Cash flows from financing activities:    
Payments on technology license obligations (5,718) (5,394)
Proceeds from ordinary shares issued under At-The-Market Offering, net of issuance costs 736,327 0
Proceeds from employee share incentive plans 6,599 6,797
Tax withheld related to RSU settlement (14,250) (7,159)
Net cash provided by (used in) financing activities 722,958 (5,756)
Effect of exchange rate changes on cash 205 106
Net increase in cash and cash equivalents 984,136 232,266
Cash and cash equivalents at beginning of the period 236,328 66,942
Cash and cash equivalents at end of the period 1,220,464 299,208
Supplemental cash flow information:    
Purchases of property and equipment included in accounts payable, other current liabilities and other non-current liabilities $ 7,029 $ 8,841