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 | $3.22B | $2.85B | $2.42B | $2.10B | $1.85B | $1.86B | $1.70B | $1.49B | $1.31B | $1.12B | $889.9M | $749.3M | $548.5M | $500.7M | $441.4M | $376.3M | $324.7M | $296.5M |
| Gross profit | $2.50B | $2.27B | $1.89B | $1.59B | $1.38B | $1.34B | $1.34B | $1.18B | $1.07B | $907.2M | $737.9M | $627.0M | $460.1M | $408.9M | $357.3M | $306.0M | $258.7M | $244.0M |
| Gross margin | 77.73% | 79.67% | 78.01% | 76.00% | 74.52% | 71.82% | 78.91% | 78.86% | 81.59% | 81.23% | 82.92% | 83.68% | 83.88% | 81.66% | 80.96% | 81.32% | 79.70% | 82.29% |
| Research & development | $921.9M | $747.2M | $746.8M | $649.6M | $628.8M | $628.1M | $715.0M | $696.3M | $610.8M | $661.9M | $634.8M | $461.5M | $354.8M | $302.2M | $214.4M | $147.3M | $115.1M | $93.3M |
| Operating expenses | $2.81B | $2.37B | $2.23B | $1.94B | $1.93B | $1.90B | $1.80B | $1.61B | $1.33B | $1.92B | $1.00B | $842.2M | $704.5M | $610.9M | $475.2M | $375.7M | $308.2M | $256.7M |
| Operating income | $409.5M | $484.2M | $185.8M | $161.0M | −$82.3M | −$43.4M | −$100.5M | −$123.5M | −$14.7M | −$803.4M | −$110.7M | −$92.9M | −$156.0M | −$110.2M | −$33.9M | $544,000 | $16.4M | $39.8M |
| Operating margin | 12.71% | 16.97% | 7.68% | 7.68% | −4.46% | −2.33% | −5.90% | −8.28% | −1.12% | −71.94% | −12.44% | −12.40% | −28.44% | −22.01% | −7.68% | 0.14% | 5.06% | 13.41% |
| EBITDA | $489.0M | $580.6M | $290.2M | $262.9M | $25.7M | $61.7M | $4.8M | −$27.9M | $73.2M | −$706.5M | −$63.5M | −$47.0M | −$120.0M | −$65.9M | $1.2M | $28.3M | $37.4M | $57.4M |
| EBITDA margin | 15.18% | 20.35% | 11.99% | 12.54% | 1.39% | 3.32% | 0.28% | −1.87% | 5.57% | −63.26% | −7.14% | −6.28% | −21.88% | −13.16% | 0.26% | 7.52% | 11.52% | 19.35% |
| Net income | $348.9M | $426.9M | $167.6M | $141.6M | −$64.1M | $854.0M | −$23.8M | −$77.2M | −$117.0M | −$630.2M | −$171.8M | −$134.0M | −$176.4M | −$114.3M | −$53.8M | $205.8M | −$488,000 | $30.8M |
| Net profit margin | 10.83% | 14.96% | 6.93% | 6.75% | −3.47% | 45.90% | −1.40% | −5.18% | −8.91% | −56.43% | −19.31% | −17.88% | −32.15% | −22.84% | −12.20% | 54.70% | −0.15% | 10.40% |
| Basic EPSper basic share | $1.82 | $2.25 | $0.89 | $0.76 | -$0.35 | $4.72 | -$0.13 | -$0.44 | -$0.67 | -$3.80 | -$1.07 | -$0.92 | -$1.28 | -$0.95 | -$0.48 | $2.00 | $0.00 | $0.31 |
| Diluted EPSper diluted share | $1.80 | $2.21 | $0.87 | $0.75 | -$0.35 | $4.50 | -$0.13 | -$0.44 | -$0.67 | -$3.81 | -$1.07 | -$0.92 | -$1.28 | -$0.95 | -$0.48 | $1.73 | $0.00 | $0.29 |
Reported shareholders
| Holder | % owned |
|---|---|
BlackRock, Inc. | 10.56%20.45M shares |
Dodge & Cox | 7.67%14.84M shares |
PRIMECAP MANAGEMENT CO/CA/ | 7.33%14.19M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 4.52%8.74M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 4.47%8.65M shares |
NORGES BANK | 4.24%8.21M shares |
STATE STREET CORP | 4.03%7.8M shares |
VIKING GLOBAL INVESTORS LP | 3.94%7.62M shares |
Vestal Point Capital, LP | 3.11%6.03M shares |
AQR CAPITAL MANAGEMENT LLC | 2.94%5.7M shares |
FMR LLC | 2.49%4.82M shares |
DIMENSIONAL FUND ADVISORS LP | 2.11%4.08M shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.02%3.91M shares |
Assenagon Asset Management S.A. | 1.82%3.52M shares |
Capital Research Global Investors | 1.81%3.5M shares |
Deep Track Capital, LP | 1.71%3.31M shares |
MILLENNIUM MANAGEMENT LLC | 1.07%2.07M shares |
CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 0.83%1.62M shares |
FIRST TRUST ADVISORS LP | 0.83%1.61M shares |
NORTHERN TRUST CORP | 0.81%1.56M shares |
Percentages use 193.54M 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 |
|---|---|---|---|---|---|---|
| May 7, 2026Form 4 | Friberg Gregory REVP, Chief R&D Officer | SellCommon Stock | 3.3K | $53.85 | $176.7K | 51.8K |
| Mar 11, 2026Form 4 | Guyer Charles GregEVP, Chief Technical Officer | SellCommon Stock | 16.5K | $60.46 | $996.7K | 80.0K |
| Feb 26, 2026Form 4 | Friberg Gregory REVP, Chief R&D Officer | SellCommon Stock | 6.3K | $60.38 | $382.0K | 37.6K |
| Feb 26, 2026Form 4 | Davis George EricEVP, Chief Legal Officer | SellCommon Stock | 26.1K | $61.36 | $1.60M | 72.5K |
| May 20, 2025Form 4 · 10b5-1 | Burkhart ErinGVP, Chief Accounting Officer | SellCommon Stock | 1.8K | $59.31 | $105.9K | 14.2K |