Revenue
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.00B | $1.44B | $1.27B | $1.14B | $906.9M | $731.2M | $724.8M | $575.1M | $365.6M | $208.5M |
| Gross profit | $587.4M | $404.6M | $197.8M | $148.3M | $197.6M | $165.8M | $97.6M | $105.8M | −$16.3M | −$103.5M |
| Gross margin | 29.35% | 28.07% | 15.59% | 13.06% | 21.79% | 22.67% | 13.46% | 18.39% | −4.46% | −49.63% |
| Research & development | $186.0M | $148.6M | $155.9M | $150.6M | $103.4M | $83.6M | $104.2M | $89.1M | $51.1M | $46.8M |
| Operating expenses | $514.6M | $381.7M | $406.7M | $409.3M | $312.1M | $246.6M | $330.4M | $270.8M | $138.8M | $137.5M |
| Operating income | $72.8M | $22.9M | −$208.9M | −$261.0M | −$114.5M | −$80.8M | −$232.8M | −$165.0M | −$155.1M | −$241.0M |
| Operating margin | 3.64% | 1.59% | −16.47% | −22.99% | −12.63% | −11.05% | −32.12% | −28.69% | −42.41% | −115.56% |
| EBITDA | $124.0M | $76.6M | −$145.4M | −$198.4M | −$59.7M | −$28.5M | −$154.2M | −$111.1M | −$100.7M | −$197.9M |
| EBITDA margin | 6.20% | 5.32% | −11.46% | −17.48% | −6.58% | −3.89% | −21.28% | −19.32% | −27.54% | −94.89% |
| Net income | −$87.1M | −$27.2M | −$302.1M | −$301.7M | −$164.4M | −$157.6M | −$304.4M | −$273.5M | −$276.4M | −$279.7M |
| Net profit margin | −4.35% | −1.89% | −23.81% | −26.57% | −18.13% | −21.55% | −42.00% | −47.56% | −75.59% | −134.10% |
| Basic EPSper basic share | -$0.37 | -$0.13 | -$1.42 | -$1.62 | -$0.95 | -$1.14 | -$2.67 | -$5.14 | -$26.97 | -$27.84 |
| Diluted EPSper diluted share | -$0.37 | -$0.13 | -$1.42 | -$1.62 | -$0.95 | -$1.14 | -$2.67 | -$5.14 | -$26.97 | -$27.84 |
Reported shareholders
| Holder | % owned |
|---|---|
BlackRock, Inc. | 6.29%18.44M shares |
AMERIPRISE FINANCIAL INC | 6.18%18.13M shares |
GOLDMAN SACHS GROUP INC | 4.76%13.95M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 4.28%12.55M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 4.12%12.08M shares |
JPMORGAN CHASE & CO | 2.76%8.09M shares |
MORGAN STANLEY | 2.49%7.31M shares |
STATE STREET CORP | 2.15%6.32M shares |
Situational Awareness LP | 2.14%6.27M shares |
Value Aligned Research Advisors, LLC | 1.90%5.59M shares |
Graticule Asia Macro Advisors LLC | 1.43%4.21M shares |
JANE STREET GROUP, LLC | 1.42%4.17M shares |
D. E. Shaw & Co., Inc. | 1.42%4.16M shares |
GEODE CAPITAL MANAGEMENT, LLC | 1.29%3.79M shares |
NORGES BANK | 1.12%3.3M shares |
SANDS CAPITAL MANAGEMENT, LLC | 1.00%2.93M shares |
JENNISON ASSOCIATES LLC | 0.87%2.55M shares |
MILLENNIUM MANAGEMENT LLC | 0.86%2.52M shares |
Capital World Investors | 0.80%2.34M shares |
FRANKLIN RESOURCES INC | 0.72%2.1M shares |
Percentages use 293.35M 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 16, 2026Form 4 · 10b5-1 | Joshi AmanChief Commercial Officer | SellCommon Stock | 3.6K | $289.14 | $1.03M | 172.2K |
| Jun 16, 2026Form 4 | Kurzymski MaciejChief Accounting Officer | SellCommon Stock | 2.3K | $288.62 | $652.0K | 79.7K |
| Jun 16, 2026Form 4 · 10b5-1 | Chitoori SatishChief Operations Officer | SellCommon Stock | 2.8K | $289.11 | $820.2K | 207.4K |
| Jun 16, 2026Form 4 | SODERBERG SHAWN MARIESee Remarks | SellCommon Stock | 2.8K | $288.63 | $820.3K | 132.3K |
| May 28, 2026Form 4 · 10b5-1 | CHAMBERS JOHN TDirector | SellCommon Stock · indirect | 55.0K | $297.69 | $16.37M | 238.3K |