| Quarter | Revenue (USD billions) | QoQ Growth |

| Q1 2026 | 4.731 | +131.9% |

| Q2 2026 | 11.555 | +144.1% |

| Q3 2026 | 16.800 | +45.4% |

The growth rate slowed in the latest quarter, which I think is why they decided to go public now.

Yeah the finance team started seeing how much "tokenmaxing" was costing and how little it was returning, so now everyone is slashing spending.

not because they did the first quarter in net positive?

Yep...