Revenue
2017
2018
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $275.5M | $326.5M | $343.4M | $418.9M | $464.7M | $406.8M | $297.9M | $87.9M | $32.6M |
| Gross profit | $7.6M | $41.7M | −$82.7M | −$23.7M | $117.3M | $122.3M | $99.8M | $17.6M | −$2.2M |
| Gross margin | 2.78% | 12.77% | −24.07% | −5.67% | 25.24% | 30.06% | 33.49% | 19.99% | −6.72% |
| Research & development | $23.2M | $28.1M | $39.5M | $62.3M | $66.9M | $31.5M | $20.6M | $9.6M | $5.7M |
| Operating expenses | $341.3M | $197.8M | $259.2M | $319.0M | $292.2M | $171.6M | $100.2M | $45.6M | $26.4M |
| Operating income | −$333.6M | −$156.1M | −$341.9M | −$342.8M | −$174.9M | −$49.3M | −$489,000 | −$28.0M | −$28.6M |
| Operating margin | −121.10% | −47.82% | −99.57% | −81.82% | −37.64% | −12.13% | −0.16% | −31.83% | −87.67% |
| EBITDA | −$300.8M | −$133.0M | −$293.8M | −$310.2M | −$153.3M | −$36.0M | $7.6M | −$23.1M | −$25.4M |
| EBITDA margin | −109.20% | −40.74% | −85.56% | −74.04% | −32.98% | −8.86% | 2.56% | −26.23% | −77.91% |
| Net income | $219.0M | −$160.3M | −$338.1M | −$366.1M | −$182.1M | −$52.8M | −$12.4M | −$29.9M | −$30.4M |
| Net profit margin | 79.50% | −49.10% | −98.48% | −87.40% | −39.19% | −12.97% | −4.18% | −33.99% | −93.26% |
| Basic EPSper basic share | $1.15 | -$2.43 | -$5.26 | -$5.75 | -$2.88 | -$0.85 | -$0.29 | -$4.75 | -$5.57 |
| Diluted EPSper diluted share | -$1.83 | -$2.43 | -$5.26 | -$5.75 | -$2.88 | -$0.85 | -$0.29 | -$4.75 | -$5.57 |
Reported shareholders
| Holder | % owned |
|---|---|
Brown Ethan | ≈5.10%26.3M shares |
VANGUARD CAPITAL MANAGEMENT LLC | ≈4.04%20.81M shares |
BlackRock, Inc. | ≈1.75%9M shares |
MORGAN STANLEY | ≈1.72%8.87M shares |
UBS Group AG | ≈1.51%7.8M shares |
AQR CAPITAL MANAGEMENT LLC | ≈1.33%6.85M shares |
GEODE CAPITAL MANAGEMENT, LLC | ≈1.24%6.38M shares |
KUTUA LUBI | ≈1.22%6.31M shares |
SUSQUEHANNA INTERNATIONAL GROUP, LLP | ≈0.98%5.06M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | ≈0.95%4.92M shares |
WITTEMAN TERI L | ≈0.88%4.56M shares |
BANK OF AMERICA CORP /DE/ | ≈0.86%4.42M shares |
Weiss Asset Management LP | ≈0.67%3.45M shares |
Calamos Advisors LLC | ≈0.66%3.4M shares |
Ajami Dariush | ≈0.64%3.29M shares |
VANGUARD FIDUCIARY TRUST CO | ≈0.61%3.14M shares |
CHARLES SCHWAB INVESTMENT MANAGEMENT INC | ≈0.59%3.04M shares |
STATE STREET CORP | ≈0.49%2.55M shares |
MILLENNIUM MANAGEMENT LLC | ≈0.49%2.52M shares |
Vontobel Holding Ltd. | ≈0.43%2.21M shares |
Percentages use 515.79M shares of this listed class outstanding on Jun 27, 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 |
|---|---|---|---|---|---|---|
| Apr 20, 2026Form 4 · 10b5-1 | WITTEMAN TERI LChief Legal Officer, Secretary | SellCommon Stock | 30.0K | $1.00 | $30.0K | 4.18M |
| Apr 13, 2026Form 4 · 10b5-1 | KUTUA LUBICFO, Treasurer | SellCommon Stock | 419.0K | $0.60 | $251.4K | 5.75M |
| Dec 26, 2025Form 4 · 10b5-1 | GRAYSON CHELSEA ADirector | SellCommon Stock | 492 | $0.98 | $482.16 | 40.2K |
| Dec 22, 2025Form 4 | Unprocessed Foods, LLCTenPercentOwner | BuyWarrant (right to buy) · derivative | 5.74M | — | — | 5.74M |
| Dec 22, 2025Form 4 | Unprocessed Foods, LLCTenPercentOwner | BuyWarrant (right to buy) · derivative | 3.82M | — | — | 3.82M |