Revenue
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $424.8M | $415.9M | $425.2M | $420.2M | $255.6M | $291.7M | $344.1M | $346.4M | $341.6M | $402.7M | $384.3M | $428.9M | $352.5M | $334.0M | $292.7M | $211.8M | $131.5M |
| Gross profit | $16.3M | $83.6M | $35.9M | $57.7M | — | — | — | — | $125.2M | $172.7M | $153.7M | $137.5M | $138.9M | $97.5M | $91.8M | $78.9M | $54.7M |
| Gross margin | 3.84% | 20.10% | 8.44% | 13.74% | — | — | — | — | 36.65% | 42.89% | 39.99% | 32.05% | 39.40% | 29.20% | 31.36% | 37.26% | 41.62% |
| Operating expenses | $584.7M | $452.2M | $501.6M | $471.9M | $350.7M | $301.6M | $334.1M | $342.5M | $476.0M | $420.3M | $425.9M | $483.3M | $404.2M | $404.5M | $331.3M | $217.4M | $164.8M |
| Operating income | −$159.9M | −$36.4M | −$76.4M | −$51.7M | −$95.0M | −$9.8M | $9.9M | $3.9M | −$134.4M | −$17.6M | −$41.6M | −$54.4M | −$51.7M | −$70.5M | −$38.6M | −$5.5M | −$33.3M |
| Operating margin | −37.63% | −8.74% | −17.97% | −12.31% | −37.18% | −3.37% | 2.89% | 1.12% | −39.36% | −4.38% | −10.83% | −12.67% | −14.67% | −21.11% | −13.18% | −2.61% | −25.31% |
| EBITDA | −$61.3M | $8.4M | −$30.7M | $3.0M | −$49.9M | $37.8M | $59.6M | $55.7M | −$77.8M | $41.6M | $13.6M | −$5.3M | −$9.4M | −$34.3M | −$8.2M | $17.0M | −$16.3M |
| EBITDA margin | −14.42% | 2.02% | −7.23% | 0.71% | −19.51% | 12.97% | 17.31% | 16.09% | −22.78% | 10.34% | 3.54% | −1.24% | −2.66% | −10.26% | −2.79% | 8.01% | −12.39% |
| Net income | −$222.0M | −$83.1M | −$99.5M | −$58.7M | −$93.1M | −$9.9M | $20.4M | −$3.8M | −$79.2M | −$13.7M | −$135.5M | −$90.9M | −$66.9M | −$100.9M | −$47.5M | −$2.8M | −$33.7M |
| Net profit margin | −52.26% | −19.98% | −23.40% | −13.98% | −36.44% | −3.38% | 5.94% | −1.09% | −23.20% | −3.41% | −35.25% | −21.18% | −18.99% | −30.20% | −16.21% | −1.31% | −25.62% |
| Basic EPSper basic share | -$1.01 | -$0.37 | -$0.45 | -$0.26 | -$0.44 | -$0.05 | $0.10 | -$0.02 | -$0.53 | -$0.10 | -$1.47 | -$0.96 | -$0.71 | -$1.16 | -$0.68 | -$0.04 | -$0.60 |
| Diluted EPSper diluted share | -$1.01 | -$0.37 | -$0.45 | -$0.26 | -$0.44 | -$0.05 | $0.10 | -$0.02 | -$0.53 | -$0.10 | -$1.47 | -$0.96 | -$0.71 | -$1.16 | -$0.68 | -$0.04 | -$0.60 |
Reported shareholders
| Holder | % owned |
|---|---|
BlackRock, Inc. | 6.81%15.01M shares |
Grantham, Mayo, Van Otterloo & Co. LLC | 4.96%10.94M shares |
Global Alpha Capital Management Ltd. | 4.32%9.52M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 3.34%7.37M shares |
STATE STREET CORP | 2.89%6.37M shares |
DIMENSIONAL FUND ADVISORS LP | 2.57%5.67M shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.03%4.46M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 1.79%3.94M shares |
D. E. Shaw & Co., Inc. | 1.38%3.05M shares |
ECP ControlCo, LLC | 1.18%2.59M shares |
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 1.10%2.41M shares |
SIR Capital Management, L.P. | 0.95%2.1M shares |
Littlefair Andrew J | ≈0.90%1.98M shares |
CITADEL ADVISORS LLC | 0.85%1.87M shares |
J. Derek Lewis & Associates Inc. | 0.78%1.71M shares |
GOLDMAN SACHS GROUP INC | 0.77%1.7M shares |
BRIDGEWAY CAPITAL MANAGEMENT, LLC | 0.76%1.66M shares |
AMERICAN CENTURY COMPANIES INC | 0.72%1.59M shares |
CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 0.64%1.42M shares |
MARSHALL WACE, LLP | 0.64%1.41M shares |
Percentages use 220.36M 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 |
|---|---|---|---|---|---|---|
| Jun 25, 2026Form 4 | Scully StephenDirector | BuyCommon Stock · indirect | 25.0K | $1.75 | $43.8K | 360.2K |
| Jun 23, 2026Form 4 | Corbus BarclayPRESIDENT AND CEO | BuyCommon Stock | 14.0K | $1.77 | $24.8K | 1.35M |
| May 18, 2026Form 4 | Littlefair Andrew JDirector | SellCommon Stock | 165.0K | $2.05 | $338.2K | 1.91M |
| Sep 18, 2025Form 4 | Corbus BarclaySVP, STRATEGIC DEVELOPMENT | SellCommon Stock | 105.3K | $2.63 | $276.9K | 1.06M |
| Aug 14, 2025Form 4 | Littlefair Andrew JCEO AND PRESIDENT | SellCommon Stock | 250.0K | $2.25 | $562.5K | 1.49M |