Revenue
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $908.2M | $1.05B | $1.10B | $1.32B | $1.03B | $652.5M | $795.1M | $686.1M | $516.1M | $426.7M |
| Gross profit | $351.3M | $434.5M | $333.0M | $434.0M | $381.0M | $249.1M | $282.5M | $255.3M | $198.8M | $146.3M |
| Gross margin | 38.68% | 41.39% | 30.38% | 32.81% | 37.01% | 38.18% | 35.53% | 37.22% | 38.52% | 34.29% |
| Operating expenses | $953.8M | $1.04B | $1.20B | $1.33B | $933.8M | $629.0M | $748.5M | $625.2M | $473.8M | $382.6M |
| Operating income | −$45.5M | $13.0M | −$103.8M | −$11.9M | $95.5M | $23.5M | $46.6M | $60.9M | $42.3M | $44.1M |
| Operating margin | −5.01% | 1.24% | −9.47% | −0.90% | 9.27% | 3.61% | 5.86% | 8.87% | 8.19% | 10.35% |
| EBITDA | $13.6M | $75.6M | −$46.4M | $36.0M | $135.5M | $67.9M | $88.7M | $100.0M | $74.2M | $67.7M |
| EBITDA margin | 1.49% | 7.20% | −4.24% | 2.72% | 13.17% | 10.41% | 11.16% | 14.57% | 14.38% | 15.86% |
| Net income | −$67.4M | −$14.7M | −$154.1M | −$8.0M | $43.9M | $4.0M | $11.7M | $7.5M | $3.9M | $26.9M |
| Net profit margin | −7.42% | −1.40% | −14.06% | −0.61% | 4.27% | 0.61% | 1.47% | 1.09% | 0.76% | 6.30% |
| Basic EPSper basic share | -$1.24 | -$0.28 | -$3.19 | -$0.18 | $1.14 | $0.11 | $0.38 | $0.31 | $0.04 | — |
| Diluted EPSper diluted share | -$1.24 | -$0.28 | -$3.19 | -$0.18 | $1.08 | $0.11 | $0.36 | $0.29 | $0.04 | — |
Reported shareholders
| Holder | % owned |
|---|---|
TCG Capital Management, LP | 22.36%12.52M shares |
Fund 1 Investments, LLC | 9.44%5.28M shares |
Hsiang-Tze Kenneth Chan / Working Capital Management Pte. Ltd. / Working Capital Advisors (UK) Ltd. | ≈9.16%5.13M shares |
BlackRock, Inc. | 5.59%3.13M shares |
Ararat Capital Management LP | 3.78%2.12M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 3.16%1.77M shares |
DIMENSIONAL FUND ADVISORS LP | 2.99%1.68M shares |
NOMURA HOLDINGS INC | 2.90%1.62M shares |
Hosking Partners LLP | 2.46%1.38M shares |
JACOBS LEVY EQUITY MANAGEMENT, INC | 2.00%1.12M shares |
GEODE CAPITAL MANAGEMENT, LLC | 1.94%1.09M shares |
MILLENNIUM MANAGEMENT LLC | 1.83%1.02M shares |
CastleKnight Management LP | 1.58%885.66K shares |
MARSHALL WACE, LLP | 1.49%834.96K shares |
STATE STREET CORP | 1.44%805.25K shares |
Hudson Bay Capital Management LP | 1.34%750K shares |
MUFG Securities EMEA plc | 1.34%750K shares |
MONIMUS CAPITAL MANAGEMENT, LP | 1.33%743.05K shares |
ING GROEP NV | 1.07%600K shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 1.04%579.88K shares |
Percentages use 55.99M 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 |
|---|---|---|---|---|---|---|
| May 8, 2026Form 4 · 10b5-1 | Oddie Andrew DavidCHIEF INTERNATIONAL OFFICER | SellCLASS A COMMON STOCK | 34.7K | $6.00 | $207.9K | 34.7K |
| Mar 18, 2026Form 4 · 10b5-1 | Daw Tracy DCHIEF LEGAL OFFICER | SellCLASS A COMMON STOCK | 12.8K | $3.65 | $46.7K | 47.0K |
| Mar 16, 2026Form 4 | Shah HusnalChief Product Officer | SellCLASS A COMMON STOCK | 3.7K | $3.73 | $13.6K | 16.8K |
| Mar 16, 2026Form 4 | Le Pendeven YvesCFO | SellCLASS A COMMON STOCK | 2.8K | $3.74 | $10.6K | 58.1K |
| Mar 16, 2026Form 4 | Oddie Andrew DavidCHIEF INTERNATIONAL OFFICER | SellCLASS A COMMON STOCK | 6.3K | $3.71 | $23.2K | 69.3K |