Revenue
2018
2019
2020
2021
2022
2023
2024
2025
2026
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.65B | $1.46B | $1.29B | $1.06B | $642.0M | $238.3M | $157.6M | $108.4M | $64.9M |
| Gross profit | $1.34B | $1.19B | $1.06B | $864.5M | $497.0M | $176.5M | $118.5M | $78.4M | $45.5M |
| Gross margin | 80.93% | 81.40% | 81.82% | 81.67% | 77.41% | 74.06% | 75.16% | 72.39% | 70.13% |
| Research & development | $300.6M | $340.1M | $336.8M | $314.6M | $219.8M | $89.5M | $53.0M | $28.9M | $18.0M |
| Operating expenses | $1.41B | $1.27B | $1.23B | $1.16B | $813.8M | $290.4M | $152.7M | $88.2M | $53.3M |
| Operating income | −$73.4M | −$80.6M | −$174.2M | −$295.8M | −$316.8M | −$114.0M | −$34.2M | −$9.8M | −$7.8M |
| Operating margin | −4.44% | −5.51% | −13.50% | −27.94% | −49.35% | −47.83% | −21.70% | −9.05% | −12.05% |
| EBITDA | −$17.5M | −$53.1M | −$151.0M | −$280.3M | −$305.3M | −$109.1M | −$33.1M | −$6.6M | −$5.5M |
| EBITDA margin | −1.06% | −3.63% | −11.70% | −26.48% | −47.56% | −45.79% | −20.98% | −6.14% | −8.48% |
| Net income | −$11.2M | $23.8M | −$28.9M | −$223.7M | −$326.4M | −$98.7M | −$31.1M | −$7.3M | −$7.2M |
| Net profit margin | −0.68% | 1.63% | −2.24% | −21.14% | −50.84% | −41.43% | −19.73% | −6.75% | −11.09% |
| Basic EPSper basic share | -$0.11 | $0.23 | -$0.27 | -$2.11 | -$3.21 | -$1.19 | -$0.70 | -$0.94 | -$1.01 |
| Diluted EPSper diluted share | -$0.11 | -$0.07 | -$0.27 | -$2.11 | -$3.21 | -$1.19 | -$0.70 | -$0.94 | -$1.01 |
Reported shareholders
| Holder | % owned |
|---|---|
BlackRock, Inc. | 9.49%8.74M shares |
ER Collective Holdings, LLC | 9.25%8.52M shares |
Feld Peter A | ≈7.63%7.03M shares |
Starboard Value LP | 7.63%7.03M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 6.18%5.69M shares |
AMERIPRISE FINANCIAL INC | 6.04%5.56M shares |
Senvest Management, LLC | 4.46%4.1M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 4.27%3.93M shares |
WELLINGTON MANAGEMENT GROUP LLP | 3.87%3.56M shares |
STATE STREET CORP | 3.41%3.14M shares |
DIMENSIONAL FUND ADVISORS LP | 3.20%2.95M shares |
Greenhouse Funds LLLP | 2.90%2.67M shares |
Lacerte Rene A. | ≈2.86%2.63M shares |
FULLER & THALER ASSET MANAGEMENT, INC. | 2.23%2.05M shares |
GEODE CAPITAL MANAGEMENT, LLC | 1.78%1.64M shares |
PRICE T ROWE ASSOCIATES INC /MD/ | 1.77%1.63M shares |
JANE STREET GROUP, LLC | 1.68%1.54M shares |
ROYAL BANK OF CANADA | 1.64%1.51M shares |
Contour Asset Management LLC | 1.52%1.4M shares |
BANK OF AMERICA CORP /DE/ | 1.51%1.39M shares |
Percentages use 92.06M 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 29, 2026Form 4 · 10b5-1 | Cieri MichaelChief Product Officer | SellCommon Stock | 3.5K | $37.10 | $129.8K | 997 |
| May 29, 2026Form 4 · 10b5-1 | Cieri MichaelChief Product Officer | SellCommon Stock | 23.8K | $36.80 | $874.9K | 4.5K |
| May 29, 2026Form 4 · 10b5-1 | Cieri MichaelChief Product Officer | SellCommon Stock | 5.6K | $35.68 | $199.8K | 28.3K |
| Dec 2, 2025Form 4 · 10b5-1 | Cota GermaineSVP, FINANCE & ACCOUNTING | SellCommon Stock | 1.1K | $51.23 | $56.6K | 10.8K |
| Sep 2, 2025Form 4 · 10b5-1 | Cota GermaineSVP, FINANCE & ACCOUNTING | SellCommon Stock | 1.7K | $45.22 | $77.8K | 10.1K |