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 | $453.0M | $401.8M | $636.3M | $812.8M | $887.2M | $636.0M | $583.3M | $451.8M | $352.7M | $282.1M | $269.7M | $316.6M | $214.5M | $206.3M | $309.0M | $322.7M | $171.3M |
| Gross profit | $193.6M | $180.3M | $302.9M | $383.3M | $387.0M | $271.8M | $229.8M | $159.3M | $140.7M | $94.8M | $89.0M | $106.0M | $63.4M | $68.0M | $100.1M | $110.0M | $52.4M |
| Gross margin | 42.75% | 44.87% | 47.60% | 47.16% | 43.62% | 42.73% | 39.40% | 35.26% | 39.90% | 33.62% | 33.02% | 33.47% | 29.55% | 32.95% | 32.41% | 34.09% | 30.59% |
| Research & development | $92.2M | $84.8M | $88.6M | $92.6M | $92.0M | $86.2M | $86.1M | $56.4M | $40.7M | $34.8M | $33.1M | $36.0M | $40.5M | $33.6M | $36.2M | $36.2M | $32.0M |
| Operating expenses | $522.7M | $473.4M | $593.0M | $687.2M | $685.7M | $632.7M | $635.7M | $481.5M | $315.0M | $279.0M | $261.7M | $297.2M | $245.5M | $220.3M | $291.6M | $293.0M | $186.4M |
| Operating income | −$69.8M | −$71.7M | $43.3M | $125.6M | $201.5M | $3.3M | −$52.3M | −$29.8M | $37.7M | $3.0M | $8.0M | $19.4M | −$31.0M | −$14.0M | $17.3M | $29.7M | −$15.1M |
| Operating margin | −15.40% | −17.84% | 6.80% | 15.45% | 22.71% | 0.51% | −8.97% | −6.59% | 10.70% | 1.08% | 2.95% | 6.13% | −14.44% | −6.77% | 5.61% | 9.20% | −8.81% |
| EBITDA | −$19.1M | −$19.2M | $93.0M | $171.6M | $250.1M | $56.0M | $6.5M | −$3.7M | $46.9M | $13.5M | $19.2M | $32.0M | −$18.5M | −$4.7M | $27.4M | $40.7M | −$4.1M |
| EBITDA margin | −4.21% | −4.77% | 14.62% | 21.11% | 28.19% | 8.81% | 1.12% | −0.83% | 13.30% | 4.77% | 7.13% | 10.11% | −8.60% | −2.30% | 8.87% | 12.60% | −2.37% |
| Net income | −$74.3M | −$69.8M | $28.2M | $96.8M | $167.3M | −$13.8M | −$69.7M | −$32.2M | $32.8M | $3.0M | $250,000 | $8.7M | −$33.4M | −$12.2M | $15.7M | $24.6M | −$28.2M |
| Net profit margin | −16.40% | −17.38% | 4.42% | 11.92% | 18.86% | −2.17% | −11.95% | −7.12% | 9.31% | 1.08% | 0.09% | 2.75% | −15.58% | −5.93% | 5.09% | 7.64% | −16.45% |
| Basic EPSper basic share | -$1.59 | -$1.49 | $0.59 | $2.01 | $3.53 | -$0.33 | -$1.69 | -$1.01 | $1.18 | $0.11 | $0.01 | $0.34 | -$1.34 | -$0.50 | $0.65 | $1.04 | -$1.20 |
| Diluted EPSper diluted share | -$1.59 | -$1.49 | $0.59 | $1.98 | $3.45 | -$0.33 | -$1.69 | -$1.01 | $1.14 | $0.11 | $0.01 | $0.33 | -$1.34 | -$0.50 | $0.64 | $1.02 | -$1.20 |
Reported shareholders
| Holder | % owned |
|---|---|
BlackRock, Inc. | ≈14.67%7.39M shares |
Capital World Investors | ≈5.48%2.76M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | ≈4.58%2.3M shares |
Invesco Ltd. | ≈4.03%2.03M shares |
VANGUARD CAPITAL MANAGEMENT LLC | ≈3.99%2.01M shares |
STATE STREET CORP | ≈3.75%1.89M shares |
GEODE CAPITAL MANAGEMENT, LLC | ≈2.58%1.3M shares |
SYSTEMATIC FINANCIAL MANAGEMENT LP | ≈2.33%1.17M shares |
TWO SIGMA INVESTMENTS, LP | ≈2.27%1.14M shares |
DIMENSIONAL FUND ADVISORS LP | ≈2.23%1.12M shares |
First Eagle Investment Management, LLC | ≈2.18%1.1M shares |
Capital International Investors | ≈2.17%1.09M shares |
MANUFACTURERS LIFE INSURANCE COMPANY, THE | ≈2.09%1.05M shares |
MORGAN STANLEY | ≈1.98%996.49K shares |
VICTORY CAPITAL MANAGEMENT INC | ≈1.94%978.37K shares |
PRICE T ROWE ASSOCIATES INC /MD/ | ≈1.91%959.84K shares |
Thrivent Financial for Lutherans | ≈1.88%945.18K shares |
ROYCE & ASSOCIATES LP | ≈1.86%938.03K shares |
Muller Luis A | ≈1.84%927.62K shares |
EMERALD ADVISERS, LLC | ≈1.68%843.63K shares |
Percentages use 50.34M 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 |
|---|---|---|---|---|---|---|
| Jun 15, 2026Form 4 · 10b5-1 | BOHRSON CHRISTOPHERSr VP & Chief Customer Officer | SellRestricted Stock Units | 1.0K | $63.88 | $63.9K | 171.7K |
| May 22, 2026Form 4 | Jones Jeffrey DSr. VP Finance & CFO | SellCommon Stock | 13.0K | $46.84 | $608.9K | 343.8K |
| May 22, 2026Form 4 | Muller Luis APresident & CEO | SellCommon Stock | 45.2K | $46.62 | $2.11M | 927.6K |
| May 22, 2026Form 4 | DONAHUE JAMES ADirector | SellCommon Stock | 10.3K | $46.77 | $479.7K | 3.6K |
| May 20, 2026Form 4 | BILODEAU STEVEN JDirector | SellCommon Stock | 10.3K | $44.85 | $460.0K | 52.3K |