Revenue
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $753.8M | $748.5M | $601.1M | $573.2M | $490.9M | $343.1M | $232.6M | $204.1M | $163.0M | $152.1M | $137.8M |
| Gross profit | $295.1M | $280.0M | $236.2M | $238.4M | $213.8M | $153.9M | $107.6M | $96.0M | $73.7M | $66.9M | $58.6M |
| Gross margin | 39.14% | 37.40% | 39.29% | 41.59% | 43.55% | 44.86% | 46.28% | 47.02% | 45.22% | 43.99% | 42.50% |
| Research & development | $132.5M | $118.6M | $104.2M | $98.0M | $69.5M | $54.6M | $31.5M | $20.9M | $10.8M | $8.5M | $7.4M |
| Operating expenses | $309.4M | $300.0M | $271.6M | $262.7M | $216.1M | $167.4M | $125.3M | $89.2M | $59.1M | $51.7M | $50.6M |
| Operating income | −$14.4M | −$20.1M | −$35.5M | −$24.3M | −$2.2M | −$13.5M | −$17.7M | $6.8M | $14.6M | $15.2M | $8.0M |
| Operating margin | −1.91% | −2.68% | −5.90% | −4.24% | −0.46% | −3.94% | −7.61% | 3.31% | 8.97% | 10.02% | 5.78% |
| EBITDA | $39.4M | $29.2M | $6.3M | $11.3M | $34.4M | $3.3M | −$8.2M | $12.6M | $20.3M | $21.4M | $15.0M |
| EBITDA margin | 5.23% | 3.90% | 1.04% | 1.97% | 7.01% | 0.96% | −3.51% | 6.16% | 12.48% | 14.06% | 10.91% |
| Net income | −$12.9M | −$6.5M | −$16.3M | $19.6M | −$27.4M | −$44.0M | $2.5M | $17.9M | $6.0M | $22.4M | −$6.7M |
| Net profit margin | −1.71% | −0.87% | −2.72% | 3.41% | −5.57% | −12.82% | 1.07% | 8.78% | 3.66% | 14.70% | −4.86% |
| Basic EPSper basic share | -$0.43 | -$0.24 | -$0.64 | $0.77 | -$1.09 | -$1.83 | $0.11 | $0.96 | $0.42 | $1.66 | -$0.50 |
| Diluted EPSper diluted share | -$0.43 | -$0.24 | -$0.64 | -$0.48 | -$1.09 | -$1.83 | $0.10 | $0.85 | $0.37 | $1.51 | -$0.47 |
Reported shareholders
| Holder | % owned |
|---|---|
BlackRock, Inc. | 8.15%2.46M shares |
Hood River Capital Management LLC | 7.60%2.3M shares |
Driehaus Capital Management LLC | 4.60%1.39M shares |
D. E. Shaw & Co., Inc. | 4.34%1.31M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 4.25%1.28M shares |
STATE STREET CORP | 3.11%940.84K shares |
DIMENSIONAL FUND ADVISORS LP | 3.10%938.16K shares |
WELLINGTON MANAGEMENT GROUP LLP | 3.02%911.89K shares |
TWO SIGMA INVESTMENTS, LP | 2.73%824.92K shares |
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 2.63%794.13K shares |
ACADIAN ASSET MANAGEMENT LLC | 2.62%792.13K shares |
CYPRESS POINT INVESTMENT MANAGEMENT LP | 2.57%775.58K shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.54%767.5K shares |
JANE STREET GROUP, LLC | 2.38%720.42K shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 2.18%659.52K shares |
Nuveen, LLC | 2.15%648.62K shares |
RENAISSANCE TECHNOLOGIES LLC | 2.13%644K shares |
FMR LLC | 1.80%544.22K shares |
AMERIPRISE FINANCIAL INC | 1.78%536.46K shares |
Assenagon Asset Management S.A. | 1.74%527.21K shares |
Percentages use 30.22M 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 |
|---|---|---|---|---|---|---|
| Jun 12, 2026Form 4 · 10b5-1 | Krupka Devin MController, PAO | SellClass A Common Stock | 456 | $66.73 | $30.4K | 12.0K |
| Jun 12, 2026Form 4 · 10b5-1 | Krupka Devin MController, PAO | SellClass A Common Stock | 4.9K | $66.18 | $323.9K | 12.4K |
| Jun 12, 2026Form 4 · 10b5-1 | Krupka Devin MController, PAO | SellClass A Common Stock | 7.3K | $65.22 | $473.7K | 17.3K |
| Jun 12, 2026Form 4 · 10b5-1 | Krupka Devin MController, PAO | SellClass A Common Stock | 1.8K | $64.01 | $115.2K | 24.6K |
| Jun 5, 2026Form 4 | Asbill Richard BrandonGeneral Counsel | SellClass A Common Stock | 16.9K | $72.59 | $1.23M | 3.0K |