Quarterly guidance

Core revenue
$214 million to $216 million
Core gross margin
38% to 40%
Core operating margin
-25% to -23%

Annual guidance

Core revenue
$880 million to $890 million
Core gross margin
41% to 43%
Core operating margin
-19% to -17%

Outlook

Revenue growth
Management expects to more than triple core revenues in 2027.
Manufacturing capacity
The company expects to increase manufacturing capacity by more than 10x in 2026 and continue that expansion in 2027.
Data center capacity
The company has secured over 600 megawatts of capacity live or under contract for delivery by the end of 2027.
AWS partnership
Solutions are expected to be generally available in Q1 2027 through AWS Bedrock.
Product roadmap
The company plans to double speed each year and increase throughput by more than 20x over the next 18 months.
Gross margin
Management expects gross margins to trend towards a target of 60% plus in 2027.