Revenue
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $322.7M | $283.5M | $289.2M | $619.0M | $992.6M | $421.7M | $32.5M | $21.4M | $18.7M | $18.3M | $9.6M | $1.3M |
| Gross profit | $130.9M | $107.2M | $104.5M | $366.9M | $777.1M | $331.9M | $18.4M | $10.7M | $10.2M | $11.6M | $4.5M | $342,000 |
| Gross margin | 40.56% | 37.82% | 36.12% | 59.28% | 78.29% | 78.70% | 56.63% | 49.90% | 54.35% | 63.22% | 47.07% | 26.76% |
| Research & development | $53.9M | $48.8M | $41.4M | $28.9M | $24.2M | $11.6M | $6.5M | $5.5M | $4.2M | $3.6M | $4.4M | $521,000 |
| Operating expenses | $222.0M | $181.1M | $300.0M | $188.4M | $101.1M | $41.7M | $18.8M | $15.7M | $13.7M | $10.6M | $9.5M | $1.3M |
| Operating income | −$91.1M | −$73.9M | −$195.5M | $178.5M | $676.0M | $290.2M | −$428,000 | −$5.1M | −$3.5M | $918,000 | −$5.0M | −$990,000 |
| Operating margin | −28.23% | −26.08% | −67.61% | 28.84% | 68.10% | 68.80% | −1.32% | −23.75% | −18.59% | 5.02% | −52.34% | −77.46% |
| EBITDA | −$67.0M | −$49.0M | −$169.4M | $211.2M | $687.0M | $293.1M | $1.7M | −$2.9M | −$1.8M | $2.1M | −$4.4M | −$794,000 |
| EBITDA margin | −20.76% | −17.28% | −58.57% | 34.12% | 69.21% | 69.51% | 5.16% | −13.62% | −9.36% | 11.42% | −46.33% | −62.13% |
| Net income | −$60.5M | −$42.7M | −$167.8M | $143.4M | $507.4M | $214.3M | −$411,000 | −$5.6M | −$2.5M | −$5.3M | −$8.3M | −$4.3M |
| Net profit margin | −18.75% | −15.07% | −58.03% | 23.17% | 51.12% | 50.82% | −1.26% | −26.26% | −13.40% | −29.26% | −86.82% | −335.13% |
| Basic EPSper basic share | -$1.97 | -$1.41 | -$5.63 | $4.76 | — | — | — | — | — | — | — | — |
| Diluted EPSper diluted share | -$1.97 | -$1.41 | -$5.63 | $4.63 | — | — | — | — | — | — | — | — |
Reported shareholders
| Holder | % owned |
|---|---|
BlackRock, Inc. | 8.31%2.29M shares |
ACADIAN ASSET MANAGEMENT LLC | 3.70%1.02M shares |
Gao Hanlin | ≈3.60%990.37K shares |
VANGUARD CAPITAL MANAGEMENT LLC | 2.87%789.5K shares |
JACOBS LEVY EQUITY MANAGEMENT, INC | 2.84%782.12K shares |
JPMORGAN CHASE & CO | 2.75%756.56K shares |
Diametric Capital, LP | 2.54%697.78K shares |
AMERIPRISE FINANCIAL INC | 2.44%670.08K shares |
DIMENSIONAL FUND ADVISORS LP | 2.27%625.36K shares |
Xie Jian | ≈2.14%588.42K shares |
GEODE CAPITAL MANAGEMENT, LLC | 1.89%521.01K shares |
STATE STREET CORP | 1.81%498.67K shares |
Invenomic Capital Management LP | 1.81%498.29K shares |
TWO SIGMA INVESTMENTS, LP | 1.46%400.99K shares |
Kim Paul | ≈1.32%362.55K shares |
CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 1.28%350.99K shares |
MILLENNIUM MANAGEMENT LLC | 1.17%320.91K shares |
GOLDMAN SACHS GROUP INC | 1.12%307.94K shares |
D. E. Shaw & Co., Inc. | 1.06%292.01K shares |
HRT FINANCIAL LP | 0.83%229.44K shares |
Percentages use 27.52M 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 2, 2026Form 4 | Xie JianPresident and COO | SellCommon Stock | 2.1K | $17.89 | $38.4K | 367.6K |
| Jun 2, 2026Form 4 | Gao HanlinChief Scientific Officer | SellCommon Stock | 1.7K | $17.89 | $30.2K | 990.4K |
| May 27, 2026Form 4 | Xie JianPresident and COO | SellCommon Stock | 1.2K | $17.60 | $21.1K | 369.8K |
| May 27, 2026Form 4 | Gao HanlinChief Scientific Officer | SellCommon Stock | 945 | $17.60 | $16.6K | 992.1K |
| Dec 2, 2025Form 4 | Xie JianPresident and COO | SellCommon Stock | 1.1K | $28.33 | $32.3K | 336.7K |