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 | $554.0M | $532.4M | $452.9M | $405.4M | $538.2M | $582.8M | $506.2M | $251.4M | $190.7M | $193.3M | $189.5M | $179.7M | $179.2M | $155.5M | $151.6M | $160.4M | $134.9M |
| Gross profit | $240.8M | $208.5M | $159.2M | $403.7M | $536.2M | $578.7M | $503.5M | $250.2M | $190.1M | $192.5M | $185.4M | $175.2M | $173.7M | $150.7M | $143.3M | $154.9M | $130.3M |
| Gross margin | 43.46% | 39.15% | 35.15% | 99.59% | 99.63% | 99.30% | 99.46% | 99.51% | 99.69% | 99.55% | 97.80% | 97.50% | 96.95% | 96.92% | 94.50% | 96.57% | 96.60% |
| Research & development | $13.8M | $12.4M | $13.7M | $12.1M | $10.4M | $9.1M | $8.1M | $6.9M | $7.6M | $8.9M | $10.6M | $12.1M | $10.1M | $8.4M | $7.3M | $6.4M | — |
| Operating expenses | $487.5M | $508.8M | $481.9M | $508.1M | $663.8M | $529.5M | $424.8M | $248.8M | $200.2M | $190.5M | $195.2M | $186.4M | $175.4M | $142.0M | $138.4M | $127.8M | $109.0M |
| Operating income | $66.5M | $23.6M | −$29.1M | −$102.7M | −$125.6M | $53.3M | $81.4M | $2.6M | −$9.5M | $2.8M | −$5.7M | −$6.8M | $3.7M | $13.4M | $13.2M | $32.6M | $25.8M |
| Operating margin | 12.00% | 4.43% | −6.42% | −25.34% | −23.35% | 9.15% | 16.08% | 1.01% | −4.96% | 1.46% | −2.98% | −3.76% | 2.08% | 8.64% | 8.73% | 20.30% | 19.16% |
| EBITDA | $68.4M | $25.6M | −$9.2M | −$81.6M | −$107.3M | $64.8M | $88.2M | $7.1M | −$5.6M | $6.3M | −$1.6M | −$2.6M | $7.0M | $15.8M | $15.6M | $34.8M | $28.1M |
| EBITDA margin | 12.34% | 4.80% | −2.02% | −20.13% | −19.94% | 11.11% | 17.43% | 2.83% | −2.92% | 3.27% | −0.82% | −1.43% | 3.92% | 10.18% | 10.31% | 21.67% | 20.80% |
| Net income | $40.0M | $10.1M | −$28.2M | −$88.7M | −$104.4M | $45.5M | $66.9M | $241,000 | $25.4M | $304,000 | −$4.8M | −$16.2M | $1.7M | $7.1M | $6.7M | $17.5M | $15.3M |
| Net profit margin | 7.23% | 1.89% | −6.23% | −21.89% | −19.39% | 7.80% | 13.21% | 0.10% | 13.33% | 0.16% | −2.51% | −9.02% | 0.96% | 4.56% | 4.43% | 10.90% | 11.38% |
| Basic EPSper basic share | -$0.34 | -$1.19 | -$2.37 | -$4.36 | -$4.59 | $1.75 | $2.90 | $0.01 | $1.37 | $0.02 | -$0.26 | -$0.88 | $0.09 | $0.36 | $0.32 | $0.76 | $0.63 |
| Diluted EPSper diluted share | -$0.34 | -$1.19 | -$2.37 | -$4.36 | -$4.59 | $1.68 | $2.73 | $0.01 | $1.33 | $0.02 | -$0.26 | -$0.88 | $0.09 | $0.34 | $0.31 | $0.73 | $0.61 |
Reported shareholders
Reported holdings Number of shares
| Holder | Shares held |
|---|---|
Nantahala Capital Management, LLC | 3.52M |
AQR CAPITAL MANAGEMENT LLC | 2.29M |
Palo Alto Investors LP | 1.48M |
BlackRock, Inc. | 1.34M |
VANGUARD CAPITAL MANAGEMENT LLC | 1.18M |
SOISTMAN FRANCIS S JR | 1.09M |
Assenagon Asset Management S.A. | 945.14K |
D. E. Shaw & Co., Inc. | 568.23K |
DIMENSIONAL FUND ADVISORS LP | 551.49K |
Stelben John J | 506.34K |
DUKE DERRICK A | 487.97K |
REDWOOD CAPITAL MANAGEMENT, LLC | 467.4K |
GOLDMAN SACHS GROUP INC | 447.46K |
Eversept Partners, LP | 404.85K |
GSA CAPITAL PARTNERS LLP | 331.37K |
GEODE CAPITAL MANAGEMENT, LLC | 325.49K |
JANE STREET GROUP, LLC | 315.69K |
Barbeau Michelle Marie | 304.78K |
Centiva Capital, LP | 286.6K |
Galimi Gavin G. | 275.88K |
Bars compare reported share counts. A matching total for this share class and reporting period is unavailable, so percentages are not shown.
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Mar 6, 2026Form 4 | Dolan John JosephChief Financial Officer | BuyCommon Stock | 25.0K | $1.53 | $38.3K | 208.8K |
| Feb 27, 2026Form 4 | DUKE DERRICK AChief Executive Officer | BuyCommon Stock | 188.0K | $1.38 | $259.4K | 488.0K |
| May 28, 2025Form 4 | Galimi Gavin G.SVP, General Counsel & Secr. | BuyCommon Stock | 9.5K | $4.32 | $41.0K | 243.8K |
| Nov 11, 2024Form 4 | WOLF DALE BDirector | SellCommon Stock | 16.4K | $5.22 | $85.6K | 88.6K |
| Nov 8, 2024Form 4 | WOLF DALE BDirector | SellCommon Stock | 3.6K | $5.35 | $19.2K | 105.0K |