Revenue
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.71B | $4.44B | $4.42B | $4.41B | $4.76B | $3.27B | $3.07B | $3.07B | $2.89B | $2.91B |
| Gross profit | $2.59B | $2.44B | $2.49B | $2.50B | $2.63B | $1.61B | $1.60B | $1.49B | $1.40B | $1.50B |
| Gross margin | 54.99% | 54.88% | 56.28% | 56.63% | 55.25% | 49.07% | 52.13% | 48.68% | 48.29% | 51.64% |
| Research & development | $368.0M | $344.0M | $327.0M | $321.0M | $369.0M | $329.0M | $270.0M | $246.6M | $251.7M | $265.8M |
| Operating expenses | $2.34B | $3.95B | $5.61B | $4.48B | $5.33B | $3.95B | $2.99B | $2.95B | $3.12B | $2.94B |
| Operating income | $252.0M | $488.0M | −$1.20B | −$72.0M | −$571.0M | −$675.0M | $78.0M | $114.1M | −$232.6M | −$22.4M |
| Operating margin | 5.34% | 10.99% | −27.05% | −1.63% | −11.99% | −20.62% | 2.54% | 3.72% | −8.05% | −0.77% |
| EBITDA | $676.0M | $1.15B | −$501.0M | $610.0M | $145.0M | −$158.0M | $392.0M | $410.1M | $85.8M | $232.0M |
| EBITDA margin | 14.34% | 25.91% | −11.34% | 13.83% | 3.04% | −4.83% | 12.76% | 13.37% | 2.97% | 7.96% |
| Net income | −$232.0M | $338.0M | −$1.23B | −$78.0M | −$483.0M | −$574.0M | $68.0M | $86.5M | −$310.7M | −$47.9M |
| Net profit margin | −4.92% | 7.61% | −27.87% | −1.77% | −10.14% | −17.54% | 2.21% | 2.82% | −10.75% | −1.64% |
| Basic EPSper basic share | -$0.47 | $0.68 | -$2.50 | -$0.16 | -$0.99 | -$1.30 | $0.18 | $0.28 | -$1.06 | -$0.16 |
| Diluted EPSper diluted share | -$0.47 | $0.68 | -$2.50 | -$0.16 | -$0.99 | -$1.30 | $0.18 | $0.28 | -$1.06 | -$0.16 |
Reported shareholders
| Holder | % owned |
|---|---|
Dodge & Cox | 13.49%67.4M shares |
FMR LLC | 11.40%56.95M shares |
BlackRock, Inc. | 9.78%48.85M shares |
PRIMECAP MANAGEMENT CO/CA/ | 9.10%45.45M shares |
T. Rowe Price Investment Management, Inc. | 5.76%28.75M shares |
DIMENSIONAL FUND ADVISORS LP | 5.09%25.42M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 4.54%22.67M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 4.53%22.61M shares |
STATE STREET CORP | 3.22%16.06M shares |
Winslow Capital Management, LLC | 2.70%13.51M shares |
Black Creek Investment Management Inc. | 2.61%13.05M shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.26%11.3M shares |
UBS Group AG | 1.98%9.91M shares |
CITADEL ADVISORS LLC | 1.94%9.67M shares |
MANUFACTURERS LIFE INSURANCE COMPANY, THE | 1.67%8.36M shares |
MORGAN STANLEY | 1.57%7.85M shares |
FULLER & THALER ASSET MANAGEMENT, INC. | 1.25%6.24M shares |
Invesco Ltd. | 1.06%5.31M shares |
SEI INVESTMENTS CO | 1.06%5.28M shares |
JENNISON ASSOCIATES LLC | 0.90%4.51M shares |
Percentages use 499.55M 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 |
|---|---|---|---|---|---|---|
| May 15, 2026Form 4 | Modi Rajeev A.SEE REMARKS | BuyCommon Stock | 4.9K | $20.35 | $99.9K | 160.8K |
| May 15, 2026Form 4 | Simmons Jeffrey NPRESIDENT, CEO AND DIRECTOR | BuyCommon Stock · indirect | 5.0K | $20.09 | $99.9K | 172.0K |
| Dec 12, 2025Form 4 | Kurzius Lawrence ErikDirector | BuyCommon Stock | 10.0K | $21.30 | $213.0K | 131.8K |
| Dec 11, 2025Form 4 | Modi Rajeev A.SEE REMARKS | BuyCommon Stock | 4.5K | $21.33 | $96.0K | 123.1K |
| Dec 11, 2025Form 4 | VanHimbergen Robert MEVP and CFO | BuyCommon Stock | 7.0K | $21.64 | $150.4K | 124.2K |