Revenue
2019
2020
2021
2022
2023
2024
2025
2026
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $790.8M | $723.9M | $652.5M | $547.2M | $378.4M | $227.0M | $142.6M | $76.8M |
| Gross profit | $704.0M | $646.7M | $588.0M | $490.7M | $339.5M | $198.3M | $122.7M | $62.9M |
| Gross margin | 89.03% | 89.34% | 90.11% | 89.66% | 89.72% | 87.34% | 86.06% | 81.98% |
| Research & development | $301.5M | $341.5M | $324.7M | $297.2M | $203.1M | $121.1M | $89.7M | $42.6M |
| Operating expenses | $901.4M | $913.4M | $858.0M | $898.5M | $604.7M | $373.8M | $242.4M | $115.0M |
| Operating income | −$197.3M | −$266.7M | −$270.0M | −$407.8M | −$265.2M | −$175.6M | −$119.6M | −$52.0M |
| Operating margin | −24.95% | −36.85% | −41.38% | −74.53% | −70.07% | −77.34% | −83.89% | −67.75% |
| EBITDA | −$175.3M | −$249.2M | −$255.7M | −$395.1M | −$256.7M | −$172.1M | −$117.4M | −$47.8M |
| EBITDA margin | −22.17% | −34.43% | −39.19% | −72.21% | −67.83% | −75.80% | −82.35% | −62.28% |
| Net income | −$189.0M | −$255.5M | −$257.0M | −$407.8M | −$288.3M | −$211.7M | −$118.6M | −$50.9M |
| Net profit margin | −23.90% | −35.30% | −39.39% | −74.52% | −76.19% | −93.26% | −83.16% | −66.34% |
| Basic EPSper basic share | -$0.80 | -$1.11 | -$1.17 | -$2.04 | -$1.63 | -$1.99 | -$1.69 | -$0.78 |
| Diluted EPSper diluted share | -$0.80 | -$1.11 | -$1.17 | -$2.04 | -$1.63 | -$1.99 | -$1.69 | -$0.78 |
Reported shareholders
| Holder | % owned |
|---|---|
Moskovitz Dustin A. | ≈38.54%62.05M shares |
BlackRock, Inc. | ≈5.85%9.42M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | ≈5.75%9.26M shares |
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | ≈4.56%7.33M shares |
GOLDMAN SACHS GROUP INC | ≈4.03%6.48M shares |
D. E. Shaw & Co., Inc. | ≈3.67%5.91M shares |
VOYA INVESTMENT MANAGEMENT LLC | ≈2.94%4.72M shares |
AQR CAPITAL MANAGEMENT LLC | ≈2.68%4.31M shares |
VANGUARD CAPITAL MANAGEMENT LLC | ≈2.53%4.07M shares |
STATE STREET CORP | ≈2.16%3.47M shares |
TWO SIGMA INVESTMENTS, LP | ≈2.11%3.4M shares |
Point72 Asset Management, L.P. | ≈2.01%3.24M shares |
Rosenstein Justin | ≈2.01%3.23M shares |
WESTERLY CAPITAL MANAGEMENT, LLC | ≈1.88%3.03M shares |
MORGAN STANLEY | ≈1.75%2.81M shares |
JACOBS LEVY EQUITY MANAGEMENT, INC | ≈1.74%2.81M shares |
GEODE CAPITAL MANAGEMENT, LLC | ≈1.52%2.45M shares |
FIRST TRUST ADVISORS LP | ≈1.36%2.19M shares |
UBS Group AG | ≈1.28%2.06M shares |
Rogers Daniel Mark | ≈1.18%1.91M shares |
Percentages use 160.97M shares of this listed class outstanding on May 21, 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 |
|---|---|---|---|---|---|---|
| Jun 26, 2026Form 4 | Colendich Katie MarieGC, Corporate Secretary | SellClass A Common Stock | 5.2K | $6.69 | $35.1K | 176.6K |
| Jun 24, 2026Form 4 · 10b5-1 | Megji AzizChief Financial Officer | SellClass A Common Stock | 13.2K | $6.73 | $89.1K | 765.4K |
| Jun 24, 2026Form 4 · 10b5-1 | Colendich Katie MarieGC, Corporate Secretary | SellClass A Common Stock | 8.3K | $6.74 | $56.2K | 181.8K |
| Jun 22, 2026Form 4 | Sosa VeronicaChief Accounting Officer | SellClass A Common Stock | 11.4K | $6.66 | $75.8K | 62.3K |
| Jun 22, 2026Form 4 · 10b5-1 | Colendich Katie MarieGC, Corporate Secretary | SellClass A Common Stock | 7.6K | $6.66 | $50.9K | 190.2K |