Revenue
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $42.2M | $26.4M | $257.2M | $211.0M | $326.6M | $475.8M | $356.1M | $0 | $1.6M | $189.5M | $30.0M | $31.1M | $2.8M | $1.9M |
| Gross profit | $28.4M | $17.7M | $98.3M | $141.0M | $269.0M | $438.2M | $339.0M | — | — | — | — | — | — | — |
| Gross margin | 67.24% | 66.93% | 38.19% | 66.79% | 82.36% | 92.08% | 95.20% | — | — | — | — | — | — | — |
| Research & development | $108.9M | $91.8M | $109.4M | $199.4M | $363.1M | $142.8M | $94.2M | $110.2M | $162.4M | $254.4M | $213.1M | $78.2M | $31.3M | $34.9M |
| Operating expenses | $223.3M | $226.0M | $460.4M | $467.9M | $590.4M | $319.5M | $248.3M | $204.4M | $233.7M | $306.0M | $249.1M | $95.8M | $38.7M | $40.4M |
| Operating income | −$181.1M | −$199.7M | −$203.2M | −$256.9M | −$263.9M | $156.3M | $107.8M | −$204.4M | −$232.1M | −$115.9M | −$219.1M | −$64.7M | −$36.0M | −$38.5M |
| Operating margin | −429.51% | −756.58% | −78.99% | −121.72% | −80.80% | 32.85% | 30.27% | — | −14,918.77% | −61.19% | −729.23% | −207.94% | −1,308.36% | −2,028.33% |
| EBITDA | −$179.8M | −$198.1M | −$200.0M | −$253.3M | −$260.4M | $159.2M | $111.0M | −$201.2M | −$228.7M | −$112.9M | −$217.2M | −$64.0M | −$35.6M | −$38.3M |
| EBITDA margin | −426.43% | −750.51% | −77.75% | −120.01% | −79.73% | 33.46% | 31.18% | — | −14,700.39% | −59.60% | −723.01% | −205.77% | −1,293.68% | −2,016.69% |
| Net income | $168.0M | $28.5M | −$237.9M | −$291.8M | −$287.1M | $132.2M | $89.8M | −$209.3M | −$238.2M | −$127.3M | −$223.3M | −$87.1M | −$53.6M | −$33.0M |
| Net profit margin | 398.43% | 108.03% | −92.48% | −138.24% | −87.92% | 27.79% | 25.23% | — | −15,306.56% | −67.20% | −743.18% | −280.12% | −1,949.65% | −1,738.70% |
| Basic EPSper basic share | $1.43 | $0.25 | -$2.53 | -$3.76 | -$3.81 | $1.85 | $1.29 | -$3.22 | -$4.48 | -$3.04 | -$6.01 | -$10.64 | -$16.10 | -$15.85 |
| Diluted EPSper diluted share | $1.43 | $0.25 | -$2.53 | -$3.76 | -$3.81 | $1.62 | $1.23 | -$3.22 | -$4.48 | -$3.04 | -$6.01 | -$10.64 | -$16.10 | -$15.85 |
Reported shareholders
| Holder | % owned |
|---|---|
Timothy G. Youngquist 2020 Irrevocable Trust | 8.45%13.05M shares |
BlackRock, Inc. | 7.77%12M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 3.85%5.95M shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.39%3.69M shares |
SAMSARA BIOCAPITAL, LLC | 2.22%3.43M shares |
Kohlberg Kravis Roberts & Co. L.P. | 1.97%3.04M shares |
STATE STREET CORP | 1.54%2.38M shares |
TWO SIGMA INVESTMENTS, LP | 1.46%2.26M shares |
CM Management, LLC | 1.36%2.1M shares |
C WorldWide Group Holding A/S | 1.25%1.93M shares |
Alyeska Investment Group, L.P. | 1.12%1.73M shares |
Hudson Bay Capital Management LP | 1.10%1.69M shares |
Lanfear Dennis M | ≈1.02%1.57M shares |
AQR CAPITAL MANAGEMENT LLC | 0.86%1.33M shares |
CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 0.80%1.23M shares |
PANAGORA ASSET MANAGEMENT INC | 0.74%1.14M shares |
NORTHERN TRUST CORP | 0.73%1.13M shares |
VANGUARD FIDUCIARY TRUST CO | 0.66%1.02M shares |
NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | 0.58%900K shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 0.57%883.45K shares |
Percentages use 154.47M 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 23, 2025Form 4 | Wahlstrom MatsDirector | SellCommon Stock · indirect | 100.0K | $0.74 | $74.0K | 0 |