Revenue
2017
2018
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $692.5M | $500.2M | $287.9M | $404.1M | $418.5M | $346.9M | $248.8M | $163.3M | $126.2M |
| Gross profit | $673.1M | $479.3M | $265.5M | $380.1M | $394.6M | $325.6M | $232.9M | $151.7M | $118.5M |
| Gross margin | 97.20% | 95.82% | 92.20% | 94.07% | 94.28% | 93.84% | 93.61% | 92.85% | 93.86% |
| Research & development | $31.5M | $29.6M | $27.6M | $31.7M | $35.7M | $29.7M | $20.2M | $14.2M | $9.2M |
| Operating expenses | $634.2M | $468.4M | $339.9M | $428.9M | $440.4M | $358.6M | $256.9M | $177.3M | $130.9M |
| Operating income | $58.3M | $31.8M | −$52.0M | −$24.8M | −$21.9M | −$11.7M | −$8.0M | −$13.9M | −$4.7M |
| Operating margin | 8.42% | 6.35% | −18.05% | −6.13% | −5.24% | −3.37% | −3.23% | −8.52% | −3.71% |
| EBITDA | $62.1M | $37.4M | −$45.8M | −$18.9M | −$16.9M | −$8.3M | −$5.9M | −$12.6M | −$3.3M |
| EBITDA margin | 8.97% | 7.48% | −15.90% | −4.69% | −4.03% | −2.40% | −2.36% | −7.70% | −2.64% |
| Net income | $99.3M | $32.2M | −$51.3M | −$24.4M | −$19.4M | −$11.2M | −$7.1M | −$13.8M | −$5.1M |
| Net profit margin | 14.34% | 6.43% | −17.81% | −6.04% | −4.64% | −3.23% | −2.86% | −8.44% | −4.02% |
| Basic EPSper basic share | $2.75 | $0.92 | -$1.54 | -$0.77 | -$0.67 | -$0.41 | -$0.28 | -$3.03 | -$2.18 |
| Diluted EPSper diluted share | $2.63 | $0.88 | -$1.54 | -$0.77 | -$0.67 | -$0.41 | -$0.28 | -$3.03 | -$2.18 |
Reported shareholders
| Holder | % owned |
|---|---|
BlackRock, Inc. | 12.05%3.82M shares |
BLUNDIN DAVID B | ≈9.97%3.16M shares |
LINK MANAGEMENT, LLC / LINK VENTURES, LLLP | ≈8.20%2.6M shares |
PRICE T ROWE ASSOCIATES INC /MD/ | 4.66%1.48M shares |
Allspring Global Investments Holdings, LLC | 4.51%1.43M shares |
ACADIAN ASSET MANAGEMENT LLC | 3.76%1.19M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 3.76%1.19M shares |
MACKENZIE FINANCIAL CORP | 2.76%873.07K shares |
DIMENSIONAL FUND ADVISORS LP | 2.68%847.72K shares |
NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | 2.67%845.19K shares |
GOLDMAN SACHS GROUP INC | 2.34%740.88K shares |
AQR CAPITAL MANAGEMENT LLC | 2.33%737.67K shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.31%733.36K shares |
STATE STREET CORP | 2.26%717.18K shares |
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 2.11%669.83K shares |
EMERALD ADVISERS, LLC | 2.06%651.92K shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 2.00%632.56K shares |
Mendal Jayme | ≈1.97%624.49K shares |
RENAISSANCE TECHNOLOGIES LLC | 1.71%543.28K shares |
BANSAL SANJU K | ≈1.49%471.67K shares |
Percentages use 31.68M shares of this listed class outstanding on Jun 30, 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 8, 2026Form 4 · 10b5-1 | Sanborn JosephCFO and Chief Admin Officer | SellClass A Common Stock | 1.9K | $19.55 | $37.5K | 327.8K |
| Jun 8, 2026Form 4 · 10b5-1 | Sanborn JosephCFO and Chief Admin Officer | SellClass A Common Stock | 4.7K | $19.17 | $91.0K | 329.7K |
| Jun 1, 2026Form 4 · 10b5-1 | Ayotte JonChief Accounting Officer | SellClass A Common Stock | 889 | $20.00 | $17.8K | 80.7K |
| May 27, 2026Form 4 · 10b5-1 | Brainard DavidChief Technology Officer | SellClass A Common Stock | 581 | $19.90 | $11.6K | 178.2K |
| May 26, 2026Form 4 · 10b5-1 | Brainard DavidChief Technology Officer | SellClass A Common Stock | 516 | $18.69 | $9.6K | 178.8K |