Revenue
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.22B | $2.98B | $2.76B | $2.52B | $2.11B | $1.45B | $974.0M | $701.0M | $518.5M | $381.5M |
| Gross profit | $2.56B | $2.36B | $2.19B | $1.98B | $1.64B | $1.09B | $730.7M | $508.5M | $400.2M | $279.0M |
| Gross margin | 79.40% | 79.12% | 79.27% | 78.69% | 77.86% | 74.95% | 75.03% | 72.55% | 77.19% | 73.14% |
| Research & development | $665.0M | $588.5M | $539.5M | $480.6M | $393.4M | $271.5M | $185.6M | $186.0M | $92.4M | $89.7M |
| Operating expenses | $2.26B | $2.16B | $2.16B | $2.07B | $1.70B | $1.26B | $924.2M | $934.9M | $451.9M | $394.8M |
| Operating income | $298.6M | $199.9M | $31.6M | −$88.0M | −$61.9M | −$173.9M | −$193.5M | −$426.3M | −$51.7M | −$115.8M |
| Operating margin | 9.27% | 6.72% | 1.15% | −3.50% | −2.94% | −11.96% | −19.87% | −60.82% | −9.96% | −30.36% |
| EBITDA | $414.7M | $307.7M | $126.7M | −$1.8M | $20.0M | −$102.8M | −$143.3M | −$388.3M | −$19.9M | −$87.3M |
| EBITDA margin | 12.88% | 10.34% | 4.59% | −0.07% | 0.95% | −7.07% | −14.72% | −55.39% | −3.84% | −22.90% |
| Net income | $309.1M | $1.07B | $74.0M | −$97.5M | −$70.0M | −$243.3M | −$208.4M | −$426.5M | −$52.3M | −$115.4M |
| Net profit margin | 9.60% | 35.87% | 2.68% | −3.87% | −3.32% | −16.74% | −21.39% | −60.84% | −10.08% | −30.26% |
| Basic EPSper basic share | $1.53 | $5.23 | $0.36 | -$0.49 | -$0.36 | -$1.31 | -$1.18 | -$3.16 | -$1.66 | -$4.17 |
| Diluted EPSper diluted share | $1.48 | $5.08 | $0.36 | -$0.49 | -$0.36 | -$1.31 | -$1.18 | -$3.16 | -$1.66 | -$4.17 |
Reported shareholders
| Holder | % owned |
|---|---|
BlackRock, Inc. | ≈10.93%20.87M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | ≈6.07%11.59M shares |
AQR CAPITAL MANAGEMENT LLC | ≈4.70%8.97M shares |
VANGUARD CAPITAL MANAGEMENT LLC | ≈4.59%8.77M shares |
Capital World Investors | ≈3.70%7.06M shares |
STATE STREET CORP | ≈3.29%6.28M shares |
AMERIPRISE FINANCIAL INC | ≈3.23%6.17M shares |
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | ≈2.92%5.58M shares |
GEODE CAPITAL MANAGEMENT, LLC | ≈2.15%4.11M shares |
FEDERATED HERMES, INC. | ≈1.75%3.33M shares |
PRICE T ROWE ASSOCIATES INC /MD/ | ≈1.75%3.33M shares |
TWO SIGMA INVESTMENTS, LP | ≈1.73%3.3M shares |
RENAISSANCE TECHNOLOGIES LLC | ≈1.61%3.08M shares |
FMR LLC | ≈1.61%3.07M shares |
Invesco Ltd. | ≈1.51%2.88M shares |
MORGAN STANLEY | ≈1.47%2.8M shares |
NORGES BANK | ≈1.28%2.45M shares |
UBS Group AG | ≈1.16%2.21M shares |
JACOBS LEVY EQUITY MANAGEMENT, INC | ≈1.07%2.04M shares |
GOLDMAN SACHS GROUP INC | ≈1.04%1.98M shares |
Percentages use 190.94M shares of this listed class outstanding on May 29, 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 22, 2026Form 4 · 10b5-1 | Chatwani RobertPresident General Mgr, Growth | SellCommon Stock | 6.7K | $43.52 | $290.7K | 72.8K |
| Jun 22, 2026Form 4 · 10b5-1 | Chatwani RobertPresident General Mgr, Growth | SellCommon Stock | 9.2K | $42.64 | $393.2K | 79.5K |
| Jun 5, 2026Form 4 · 10b5-1 | Marrs AnnaDirector | SellCommon Stock | 363 | $49.42 | $17.9K | 13.0K |
| Jun 2, 2026Form 4 · 10b5-1 | BEER JAMES ADirector | SellCommon Stock | 450 | $55.04 | $24.8K | 15.0K |
| Jun 2, 2026Form 4 · 10b5-1 | Marrs AnnaDirector | SellCommon Stock | 365 | $55.04 | $20.1K | 12.6K |