Revenue
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $534.5M | $465.3M | $399.2M | $330.4M | $274.3M | $206.5M | $230.8M | $201.6M | $174.7M | $155.1M | $129.8M | $107.5M | $81.9M | $70.2M | $64.4M | $59.0M | $54.5M |
| Gross profit | $400.8M | $347.5M | $300.4M | $245.9M | $205.9M | $149.3M | $170.3M | $147.1M | $126.2M | $111.1M | $92.9M | $75.8M | $59.6M | $50.0M | $47.0M | $45.4M | $41.8M |
| Gross margin | 74.98% | 74.69% | 75.23% | 74.44% | 75.04% | 72.29% | 73.80% | 72.97% | 72.21% | 71.63% | 71.58% | 70.50% | 72.74% | 71.20% | 72.97% | 76.92% | 76.62% |
| Research & development | $99.2M | $96.2M | $73.9M | $57.3M | $48.5M | $43.1M | $41.2M | $34.7M | $34.1M | $35.8M | $25.7M | $18.6M | $13.4M | $12.1M | $11.9M | $11.5M | $11.4M |
| Operating expenses | $410.2M | $387.5M | $327.1M | $288.6M | $150.7M | $193.5M | $203.5M | $164.2M | $151.1M | $142.2M | $119.6M | $92.1M | $70.5M | $57.2M | $51.7M | $48.6M | $57.3M |
| Operating income | −$9.4M | −$40.0M | −$26.7M | −$42.7M | $55.2M | −$44.2M | −$33.1M | −$17.1M | −$25.0M | −$31.1M | −$26.7M | −$16.4M | −$10.9M | −$7.2M | −$4.7M | −$3.2M | −$15.5M |
| Operating margin | −1.77% | −8.60% | −6.68% | −12.92% | 20.12% | −21.42% | −14.35% | −8.49% | −14.30% | −20.07% | −20.59% | −15.23% | −13.30% | −10.25% | −7.35% | −5.41% | −28.44% |
| EBITDA | $11.1M | −$21.3M | −$11.9M | −$31.0M | $65.6M | −$34.7M | −$23.8M | −$8.4M | −$15.9M | −$21.8M | −$20.4M | −$11.6M | −$8.9M | −$5.3M | −$2.8M | −$829,000 | −$13.1M |
| EBITDA margin | 2.07% | −4.57% | −2.97% | −9.37% | 23.93% | −16.79% | −10.29% | −4.15% | −9.07% | −14.08% | −15.75% | −10.78% | −10.83% | −7.54% | −4.36% | −1.40% | −24.02% |
| Net income | −$11.4M | −$44.7M | −$30.4M | −$46.5M | $50.2M | −$48.2M | −$35.2M | −$21.1M | −$26.9M | −$33.3M | −$27.2M | −$16.2M | −$11.5M | −$7.5M | −$5.5M | −$3.8M | −$16.5M |
| Net profit margin | −2.14% | −9.61% | −7.62% | −14.06% | 18.30% | −23.32% | −15.25% | −10.48% | −15.39% | −21.49% | −20.97% | −15.09% | −14.00% | −10.73% | −8.47% | −6.43% | −30.25% |
| Basic EPSper basic share | -$0.24 | -$0.95 | -$0.66 | -$1.02 | $1.11 | -$1.14 | -$0.94 | -$0.62 | -$0.83 | -$1.05 | -$0.97 | -$0.61 | -$0.56 | -$0.47 | -$0.35 | -$0.25 | -$1.13 |
| Diluted EPSper diluted share | -$0.24 | -$0.95 | -$0.66 | -$1.02 | $1.09 | -$1.14 | -$0.94 | -$0.62 | -$0.83 | -$1.05 | -$0.97 | -$0.61 | -$0.56 | -$0.47 | -$0.35 | -$0.25 | -$1.13 |
Reported shareholders
| Holder | % owned |
|---|---|
BlackRock, Inc. | 8.80%4.47M shares |
WELLINGTON MANAGEMENT GROUP LLP | 6.87%3.5M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 6.15%3.13M shares |
Hood River Capital Management LLC | 5.71%2.91M shares |
ALLIANCEBERNSTEIN L.P. | 5.44%2.77M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 4.31%2.19M shares |
NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | 3.41%1.73M shares |
GOLDMAN SACHS GROUP INC | 3.14%1.6M shares |
STATE STREET CORP | 2.73%1.39M shares |
MARSHALL WACE, LLP | 2.62%1.33M shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.59%1.32M shares |
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 2.55%1.3M shares |
DIMENSIONAL FUND ADVISORS LP | 2.05%1.04M shares |
GW&K Investment Management, LLC | 1.87%949.52K shares |
NEUBERGER BERMAN GROUP LLC | 1.86%947.98K shares |
Champlain Investment Partners, LLC | 1.85%938.57K shares |
BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 1.76%897.42K shares |
BANK OF AMERICA CORP /DE/ | 1.72%874.37K shares |
KENNEDY CAPITAL MANAGEMENT LLC | 1.69%857.79K shares |
Divisadero Street Capital Management, LP | 1.57%800.93K shares |
Percentages use 50.86M shares of this listed class outstanding on Jun 30, 2026.
Gray completes the 100% scale. Reported positions may overlap; holders have different reporting dates.
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| May 20, 2026Form 4 | Prange KarenDirector | SellCommon Stock | 3.0K | $28.65 | $86.0K | 26.4K |
| May 15, 2026Form 4 | Doraiswamy VinayakChief Scientific Officer | SellCommon Stock | 5.0K | $28.13 | $140.7K | 91.9K |
| Mar 12, 2026Form 4 | Doraiswamy VinayakChief Scientific Officer | SellCommon Stock | 5.0K | $29.83 | $149.2K | 96.9K |
| Nov 26, 2025Form 4 | Noznesky Justin JChief Mktg & Strategy Officer | SellCommon Stock | 5.2K | $37.29 | $192.6K | 78.8K |
| Nov 25, 2025Form 4 | WEHRWEIN SVENDirector | SellCommon Stock | 5.0K | $38.00 | $188.7K | 34.4K |