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 | $4.66B | $4.03B | $3.62B | $2.91B | $2.45B | $1.93B | $1.48B | $1.03B | $718.5M | $573.3M | $402.0M | $259.2M | $160.0M | $99.9M | $76.3M | $48.6M | $29.7M |
| Gross profit | $2.80B | $2.44B | $2.29B | $1.88B | $1.68B | $1.28B | $931.5M | $663.9M | $492.1M | $378.4M | $278.4M | $176.3M | $100.1M | $46.6M | $35.9M | $18.4M | $3.7M |
| Gross margin | 60.10% | 60.46% | 63.19% | 64.72% | 68.63% | 66.44% | 63.11% | 64.36% | 68.49% | 66.00% | 69.25% | 68.02% | 62.56% | 46.65% | 47.05% | 37.86% | 12.33% |
| Research & development | $599.1M | $552.4M | $505.8M | $484.2M | $517.1M | $359.9M | $273.5M | $199.7M | $185.4M | $156.1M | $137.5M | $69.4M | $44.8M | $38.3M | $29.6M | $23.2M | $14.3M |
| Operating expenses | $1.89B | $1.84B | $1.69B | $1.49B | $1.41B | $980.6M | $789.2M | $850.2M | $534.6M | $442.3M | $335.5M | $197.8M | $129.0M | $102.3M | $80.7M | $63.7M | $49.5M |
| Operating income | $911.8M | $600.0M | $597.7M | $391.2M | $265.8M | $299.5M | $142.3M | −$186.3M | −$42.5M | −$63.9M | −$57.1M | −$21.5M | −$28.9M | −$55.7M | −$44.8M | −$45.3M | −$45.8M |
| Operating margin | 19.56% | 14.88% | 16.50% | 13.44% | 10.86% | 15.54% | 9.64% | −18.06% | −5.92% | −11.15% | −14.20% | −8.29% | −18.06% | −55.76% | −58.72% | −93.21% | −154.36% |
| EBITDA | $1.16B | $817.7M | $783.7M | $547.1M | $367.8M | $366.6M | $191.0M | −$157.2M | −$26.4M | −$48.9M | −$46.3M | −$13.1M | −$21.9M | −$49.1M | −$41.0M | −$42.9M | −$43.5M |
| EBITDA margin | 24.96% | 20.28% | 21.64% | 18.80% | 15.02% | 19.03% | 12.94% | −15.24% | −3.67% | −8.53% | −11.52% | −5.05% | −13.69% | −49.15% | −53.74% | −88.27% | −146.36% |
| Net income | $836.3M | $576.2M | $541.5M | $341.2M | $216.9M | $549.7M | $101.1M | −$127.1M | −$50.2M | −$65.6M | −$57.6M | −$22.4M | −$29.8M | −$54.5M | −$44.7M | −$55.2M | −$53.5M |
| Net profit margin | 17.94% | 14.29% | 14.95% | 11.73% | 8.86% | 28.53% | 6.85% | −12.32% | −6.99% | −11.44% | −14.33% | −8.64% | −18.63% | −54.55% | −58.58% | −113.58% | −180.26% |
| Basic EPSper basic share | $2.14 | $1.46 | $1.40 | $0.88 | $0.56 | $1.46 | $0.28 | -$0.36 | -$0.15 | -$0.20 | -$0.18 | -$0.08 | -$0.11 | -$0.20 | -$0.17 | -$0.24 | -$0.30 |
| Diluted EPSper diluted share | $2.09 | $1.42 | $1.30 | $0.82 | $0.53 | $1.33 | $0.28 | -$0.36 | -$0.15 | -$0.20 | -$0.18 | -$0.08 | -$0.11 | -$0.20 | -$0.17 | -$0.24 | -$0.30 |
Reported shareholders
| Holder | % owned |
|---|---|
BlackRock, Inc. | 10.13%38.24M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 6.68%25.21M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 5.21%19.66M shares |
STATE STREET CORP | 4.87%18.38M shares |
Invesco Ltd. | 4.05%15.29M shares |
BAILLIE GIFFORD & CO | 3.92%14.8M shares |
GEODE CAPITAL MANAGEMENT, LLC | 3.29%12.43M shares |
ALLIANCEBERNSTEIN L.P. | 3.10%11.69M shares |
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 2.98%11.26M shares |
WELLINGTON MANAGEMENT GROUP LLP | 2.26%8.53M shares |
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 1.82%6.87M shares |
NORGES BANK | 1.82%6.87M shares |
UBS Group AG | 1.61%6.07M shares |
Amundi | 1.48%5.6M shares |
MORGAN STANLEY | 1.37%5.16M shares |
AMERIPRISE FINANCIAL INC | 1.28%4.82M shares |
Castle Hook Partners LP | 1.03%3.87M shares |
GOLDMAN SACHS GROUP INC | 1.00%3.76M shares |
FRANKLIN RESOURCES INC | 0.95%3.6M shares |
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 0.94%3.56M shares |
Percentages use 377.4M shares of this listed class outstanding on Jun 30, 2026.
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 | Brown Michael JonEVP Chief Legal Compliance Off | SellCommon Stock | 1.7K | $75.55 | $128.4K | 106.4K |
| Jun 15, 2026Form 4 · 10b5-1 | FOLETTA MARK GDirector | SellCommon Stock · indirect | 199 | $74.82 | $14.9K | 52.9K |
| Jun 15, 2026Form 4 · 10b5-1 | FOLETTA MARK GDirector | SellCommon Stock · indirect | 3.8K | $74.10 | $281.7K | 53.1K |
| Jun 4, 2026Form 4 · 10b5-1 | Coleman JonEVP, Chief Commercial Officer | SellCommon Stock | 4.9K | $74.13 | $364.1K | 95.5K |
| Jun 3, 2026Form 4 · 10b5-1 | Coleman JonEVP, Chief Commercial Officer | SellCommon Stock | 4.9K | $73.00 | $358.6K | 100.4K |