Revenue
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.03B | $1.19B | $1.36B | $1.76B | $1.62B | $1.47B | $1.33B | $1.13B | $736.4M | $498.9M | $361.2M |
| Gross profit | $983.1M | $1.13B | $1.30B | $1.43B | $1.34B | $1.29B | $1.28B | $1.08B | $702.3M | $473.0M | $338.3M |
| Gross margin | 95.40% | 95.14% | 95.40% | 80.88% | 83.04% | 88.20% | 96.49% | 95.08% | 95.37% | 94.82% | 93.65% |
| Research & development | $87.4M | $95.4M | $96.5M | $73.8M | $70.9M | $68.8M | $64.2M | $61.1M | $47.9M | $20.6M | $16.8M |
| Operating expenses | $917.7M | $1.11B | $1.32B | $1.50B | $1.41B | $1.47B | $1.29B | $1.07B | $884.3M | $474.8M | $362.8M |
| Operating income | $65.4M | $21.9M | −$26.5M | −$75.6M | −$67.9M | −$6.4M | $38.6M | $63.9M | −$147.9M | $24.1M | −$1.6M |
| Operating margin | 6.35% | 1.85% | −1.95% | −4.29% | −4.19% | −0.43% | 2.91% | 5.64% | −20.08% | 4.82% | −0.43% |
| EBITDA | $112.5M | $110.5M | $75.1M | $15.7M | $7.2M | $89.2M | $134.0M | $150.4M | −$110.1M | $35.6M | $8.9M |
| EBITDA margin | 10.92% | 9.33% | 5.52% | 0.89% | 0.44% | 6.07% | 10.11% | 13.29% | −14.95% | 7.14% | 2.45% |
| Net income | $43.8M | $36.8M | −$40.3M | −$128.0M | −$70.5M | — | — | $77.5M | — | — | — |
| Net profit margin | 4.25% | 3.11% | −2.97% | −7.25% | −4.35% | — | — | 6.85% | — | — | — |
| Basic EPSper basic share | $0.96 | $0.72 | -$0.81 | -$2.60 | -$1.40 | -$0.10 | $0.70 | $1.60 | -$2.40 | $0.30 | $0.00 |
| Diluted EPSper diluted share | $0.94 | $0.71 | -$0.81 | -$2.60 | -$1.40 | -$0.10 | $0.70 | $1.50 | -$2.40 | $0.30 | $0.00 |
Reported shareholders
| Holder | % owned |
|---|---|
BlackRock, Inc. | 11.58%4.69M shares |
Pale Fire Capital SE | 9.71%3.93M shares |
D. E. Shaw & Co., Inc. | 4.05%1.64M shares |
ACADIAN ASSET MANAGEMENT LLC | 3.90%1.58M shares |
FMR LLC | 3.80%1.54M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 3.49%1.41M shares |
FLAX POND CAPITAL, LLC | 3.03%1.23M shares |
GOLDMAN SACHS GROUP INC | 2.48%1M shares |
Davis Selected Advisers | 2.30%932.65K shares |
AQR CAPITAL MANAGEMENT LLC | 2.28%922.79K shares |
CITADEL ADVISORS LLC | 2.16%874.95K shares |
DIMENSIONAL FUND ADVISORS LP | 2.08%843.59K shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.08%841.32K shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 2.04%827.34K shares |
STATE STREET CORP | 2.02%817.07K shares |
LEVIN JOSEPH | —669.78K shares |
Fleischman David Elias | ≈1.62%654.82K shares |
LSV ASSET MANAGEMENT | 1.62%654.6K shares |
CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 1.19%480.34K shares |
MORGAN STANLEY | 1.18%478.69K shares |
Percentages use 40.49M shares of this listed class outstanding on Jun 30, 2026. ≈ compares the latest reported holding with a share total from a different date; it is not a confirmed current stake.
Gray completes the 100% scale. Reported positions may overlap; holders have different reporting dates.
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Mar 6, 2025Form 4 | Shanmugasundaram KuleshChief Technology Officer | SellClass A Common Stock, par value $0.001 | 9.9K | $1.56 | $15.4K | 414.7K |
| Nov 15, 2024Form 4 | Kip Jeffrey WCEO | BuyClass A Common Stock, par value $0.001 | 250.0K | $1.72 | $430.0K | 917.3K |
| Aug 1, 2024Form 4 · 10b5-1 | Shanmugasundaram KuleshChief Technology Officer | SellClass A Common Stock, par value $0.001 | 11.7K | $2.32 | $27.3K | 125.3K |
| Jul 1, 2024Form 4 · 10b5-1 | Shanmugasundaram KuleshChief Technology Officer | SellClass A Common Stock, par value $0.001 | 11.7K | $1.90 | $22.3K | 137.0K |