Revenue
2008
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 | 2008 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $10.27B | $9.63B | $8.76B | $8.12B | $8.43B | $8.03B | $8.60B | $8.38B | $8.72B | $9.67B | $10.45B | $8.21B | $5.77B | $3.48B | $2.43B | $1.18B | $820.4M | $757.2M |
| Gross profit | $7.25B | $6.84B | $6.20B | $5.76B | — | — | — | — | $6.22B | $7.10B | $7.92B | $6.03B | $3.92B | $2.58B | $1.74B | $785.6M | $616.1M | $560.0M |
| Gross margin | 70.65% | 71.10% | 70.78% | 70.90% | — | — | — | — | 71.27% | 73.41% | 75.76% | 73.46% | 68.00% | 73.99% | 71.83% | 66.51% | 75.10% | 73.96% |
| Research & development | $629.0M | $616.0M | $604.0M | $529.0M | $465.0M | $452.0M | $471.0M | $413.0M | $361.0M | $421.0M | $334.0M | $246.0M | $156.8M | $79.1M | $65.7M | $68.3M | $47.6M | $69.8M |
| Operating expenses | $8.45B | $8.08B | $7.79B | $7.67B | $7.98B | $7.35B | $8.80B | $10.76B | $8.62B | $10.24B | $8.92B | $6.21B | $6.18B | $3.40B | $2.13B | $1.29B | $639.3M | $633.1M |
| Operating income | $1.81B | $1.55B | $963.0M | $454.0M | $450.0M | $676.0M | −$203.0M | −$2.38B | $102.0M | −$566.0M | $1.53B | $2.00B | −$409.5M | $79.7M | $300.0M | −$110.1M | $181.2M | $124.1M |
| Operating margin | 17.66% | 16.06% | 11.00% | 5.59% | 5.34% | 8.42% | −2.36% | −28.45% | 1.17% | −5.85% | 14.62% | 24.38% | −7.10% | 2.29% | 12.36% | −9.32% | 22.08% | 16.39% |
| EBITDA | $3.02B | $2.81B | $2.23B | $1.85B | $2.00B | $2.50B | $1.87B | $435.0M | $2.96B | $2.30B | $3.99B | $3.62B | $1.61B | $1.07B | $912.6M | $144.4M | $330.4M | — |
| EBITDA margin | 29.43% | 29.23% | 25.43% | 22.75% | 23.74% | 31.16% | 21.76% | 5.19% | 33.93% | 23.78% | 38.23% | 44.05% | 27.84% | 30.63% | 37.59% | 12.23% | 40.27% | — |
| Net income | $157.0M | −$46.0M | −$592.0M | −$225.0M | −$948.0M | −$560.0M | −$1.79B | −$4.14B | $2.40B | −$2.41B | −$288.0M | $880.0M | −$863.6M | −$116.0M | $159.6M | $366.7M | $406.6M | $199.9M |
| Net profit margin | 1.53% | −0.48% | −6.76% | −2.77% | −11.24% | −6.98% | −20.79% | −49.45% | 27.56% | −24.89% | −2.76% | 10.72% | −14.97% | −3.33% | 6.57% | 31.04% | 49.56% | 26.40% |
| Basic EPSper basic share | $0.42 | -$0.13 | -$1.62 | -$0.62 | -$2.64 | -$1.58 | -$5.08 | -$11.81 | $6.86 | -$6.94 | -$0.85 | $2.63 | -$2.70 | -$0.38 | $0.52 | -$1.06 | $1.11 | $1.25 |
| Diluted EPSper diluted share | $0.42 | -$0.13 | -$1.62 | -$0.62 | -$2.64 | -$1.58 | -$5.08 | -$11.81 | $6.83 | -$6.94 | -$0.85 | $2.58 | -$2.70 | -$0.38 | $0.49 | -$1.06 | $1.11 | $1.25 |
Reported shareholders
| Holder | % owned |
|---|---|
Paulson John | ≈19.70%73.67M shares |
PAULSON & CO. INC. | 19.59%73.26M shares |
GOLDENTREE ASSET MANAGEMENT LP | 9.27%34.67M shares |
ROYAL BANK OF CANADA | 2.90%10.83M shares |
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | 2.14%8M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 2.00%7.47M shares |
GOLDMAN SACHS GROUP INC | 1.66%6.23M shares |
MFN Partners Management, LP | 1.60%6M shares |
SG Americas Securities, LLC | 1.48%5.54M shares |
ACADIAN ASSET MANAGEMENT LLC | 1.47%5.48M shares |
Kohlberg Kravis Roberts & Co. L.P. | 1.40%5.24M shares |
ING GROEP NV | 1.34%5M shares |
Hudson Bay Capital Management LP | 1.34%5M shares |
GEODE CAPITAL MANAGEMENT, LLC | 1.28%4.8M shares |
GENDELL JEFFREY L | 1.08%4.04M shares |
NORGES BANK | 0.92%3.43M shares |
MACQUARIE GROUP LTD | 0.87%3.25M shares |
DIMENSIONAL FUND ADVISORS LP | 0.87%3.24M shares |
D. E. Shaw & Co., Inc. | 0.72%2.69M shares |
APPIO THOMAS | ≈0.62%2.32M shares |
Percentages use 373.9M 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 |
|---|---|---|---|---|---|---|
| May 19, 2026Form 4 · 10b5-1 | Lee Frank D.Director | SellCommon Shares, No Par Value | 24.5K | $5.43 | $132.8K | 49.3K |
| Mar 3, 2026Form 4 · 10b5-1 | Carson SeanaEVP, General Counsel | SellCommon Shares, No Par Value | 4.4K | $5.77 | $25.5K | 616.8K |
| Mar 2, 2026Form 4 · 10b5-1 | Carson SeanaEVP, General Counsel | SellCommon Shares, No Par Value | 6.9K | $5.78 | $39.6K | 776.1K |
| Feb 27, 2026Form 4 · 10b5-1 | Carson SeanaEVP, General Counsel | SellCommon Shares, No Par Value | 8.4K | $5.95 | $49.9K | 809.3K |
| Nov 25, 2025Form 4 | PAULSON & CO. INC.TenPercentOwner | BuyCommon Stock, no par value · indirect | 2.50M | $6.25 | $15.63M | 73.26M |