Revenue
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $419.5M | $330.5M | $271.8M | $232.3M | $191.9M | $151.5M | $116.1M |
| Gross profit | $310.7M | $248.0M | $194.4M | $166.1M | $138.9M | $111.2M | $79.7M |
| Gross margin | 74.06% | 75.03% | 71.50% | 71.47% | 72.38% | 73.41% | 68.65% |
| Research & development | $52.6M | $48.7M | $36.3M | $31.4M | $32.1M | $12.2M | $11.1M |
| Operating expenses | $277.7M | $240.8M | $209.7M | $207.1M | $192.4M | $126.7M | $98.7M |
| Operating income | $33.0M | $7.2M | −$15.4M | −$41.1M | −$53.5M | −$15.4M | −$19.0M |
| Operating margin | 7.87% | 2.17% | −5.65% | −17.68% | −27.87% | −10.19% | −16.38% |
| EBITDA | $36.0M | $10.1M | −$12.8M | −$39.0M | −$52.3M | −$14.4M | −$18.0M |
| EBITDA margin | 8.59% | 3.05% | −4.69% | −16.77% | −27.25% | −9.49% | −15.47% |
| Net income | $34.8M | −$29.1M | −$21.7M | −$41.6M | −$35.2M | −$17.0M | −$20.2M |
| Net profit margin | 8.30% | −8.80% | −7.99% | −17.92% | −18.35% | −11.22% | −17.38% |
| Basic EPSper basic share | $0.17 | -$0.16 | -$0.12 | -$0.23 | -$0.48 | -$0.57 | -$1.72 |
| Diluted EPSper diluted share | $0.15 | -$0.16 | -$0.12 | -$0.23 | -$0.48 | -$0.57 | -$1.72 |
Reported shareholders
| Holder | % owned |
|---|---|
Anchor @ 65 Pte. Ltd. | 9.42%19.91M shares |
BlackRock, Inc. | 6.83%14.45M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 5.09%10.76M shares |
MORGAN STANLEY | 4.05%8.57M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 3.06%6.47M shares |
GOLDMAN SACHS GROUP INC | 2.39%5.06M shares |
D. E. Shaw & Co., Inc. | 2.13%4.49M shares |
GEODE CAPITAL MANAGEMENT, LLC | 1.95%4.12M shares |
STATE STREET CORP | 1.85%3.92M shares |
Parsifal Capital Management, LP | 1.81%3.83M shares |
Ho John Chi On | ≈1.77%3.75M shares |
TWO SIGMA INVESTMENTS, LP | 1.57%3.33M shares |
DIMENSIONAL FUND ADVISORS LP | 1.57%3.32M shares |
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | 1.46%3.08M shares |
WELLINGTON MANAGEMENT GROUP LLP | 1.31%2.78M shares |
JENNISON ASSOCIATES LLC | 1.30%2.74M shares |
Jiang Tianyi | ≈1.08%2.29M shares |
Gong Xunkai | ≈0.88%1.87M shares |
CITADEL ADVISORS LLC | 0.85%1.81M shares |
NORGES BANK | 0.84%1.78M shares |
Percentages use 211.43M 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 |
|---|---|---|---|---|---|---|
| Jan 13, 2026Form 4 · 10b5-1 | Gong XunkaiExecutive Chairman | SellCommon Stock · indirect | 28.0K | $13.39 | $374.9K | 14.92M |
| Jan 12, 2026Form 4 · 10b5-1 | Gong XunkaiExecutive Chairman | SellCommon Stock · indirect | 32.0K | $13.66 | $437.1K | 14.95M |
| Dec 9, 2025Form 4 · 10b5-1 | Gong XunkaiExecutive Chairman | SellCommon Stock · indirect | 10.5K | $13.38 | $140.0K | 14.98M |
| Dec 8, 2025Form 4 · 10b5-1 | Gong XunkaiExecutive Chairman | SellCommon Stock · indirect | 49.5K | $13.46 | $666.7K | 14.99M |
| Nov 4, 2025Form 4 · 10b5-1 | Gong XunkaiExecutive Chairman | SellCommon Stock · indirect | 18.3K | $13.80 | $252.8K | 15.04M |