Revenue
2017
2018
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $624.0M | $543.7M | $506.0M | $432.7M | $354.3M | $290.9M | $200.5M | $144.6M | $104.9M |
| Gross profit | $356.2M | $295.9M | $266.3M | $209.8M | $187.3M | $170.9M | $112.1M | $79.1M | $56.2M |
| Gross margin | 57.08% | 54.43% | 52.64% | 48.48% | 52.87% | 58.74% | 55.94% | 54.69% | 53.60% |
| Research & development | $162.7M | $138.0M | $152.2M | $155.3M | $126.9M | $74.8M | $46.5M | $34.6M | $29.0M |
| Operating expenses | $475.2M | $463.9M | $464.4M | $456.0M | $406.3M | $278.1M | $158.7M | $108.2M | $87.3M |
| Operating income | −$119.0M | −$167.9M | −$198.0M | −$246.2M | −$219.0M | −$107.2M | −$46.5M | −$29.1M | −$31.0M |
| Operating margin | −19.07% | −30.89% | −39.14% | −56.90% | −61.81% | −36.86% | −23.22% | −20.16% | −29.58% |
| EBITDA | −$41.2M | −$94.3M | −$126.0M | −$181.9M | −$190.2M | −$87.2M | −$30.0M | −$15.7M | −$21.4M |
| EBITDA margin | −6.60% | −17.35% | −24.90% | −42.04% | −53.68% | −29.99% | −14.96% | −10.89% | −20.39% |
| Net income | −$121.7M | −$158.1M | −$133.1M | −$190.8M | −$222.7M | −$95.9M | −$51.5M | −$30.9M | −$32.5M |
| Net profit margin | −19.50% | −29.07% | −26.30% | −44.09% | −62.85% | −32.98% | −25.72% | −21.40% | −30.93% |
| Basic EPSper basic share | -$0.83 | -$1.14 | -$1.03 | -$1.57 | -$1.92 | -$0.93 | -$0.75 | -$1.27 | -$1.39 |
| Diluted EPSper diluted share | -$0.83 | -$1.14 | -$1.03 | -$1.57 | -$1.92 | -$0.93 | -$0.75 | -$1.27 | -$1.39 |
Reported shareholders
| Holder | % owned |
|---|---|
BlackRock, Inc. | 9.57%15.22M shares |
FMR LLC | 7.48%11.89M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 6.17%9.81M shares |
Capital World Investors | 5.17%8.23M shares |
FIRST TRUST ADVISORS LP | 4.83%7.68M shares |
D. E. Shaw & Co., Inc. | 4.16%6.62M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 3.97%6.31M shares |
TWO SIGMA INVESTMENTS, LP | 3.81%6.06M shares |
Bergman Artur | ≈3.52%5.59M shares |
Penserra Capital Management LLC | 2.91%4.62M shares |
Legal & General Group Plc | 2.74%4.37M shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.46%3.91M shares |
STATE STREET CORP | 2.22%3.54M shares |
Alyeska Investment Group, L.P. | 1.99%3.17M shares |
DIMENSIONAL FUND ADVISORS LP | 1.93%3.06M shares |
JANE STREET GROUP, LLC | 1.63%2.6M shares |
Driehaus Capital Management LLC | 1.60%2.54M shares |
GOLDMAN SACHS GROUP INC | 1.56%2.48M shares |
VOYA INVESTMENT MANAGEMENT LLC | 1.53%2.44M shares |
PRICE T ROWE ASSOCIATES INC /MD/ | 1.44%2.29M shares |
Percentages use 159.07M 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 17, 2026Form 4 · 10b5-1 | Lovett Scott R.President, Go to Market | SellClass A Common Stock | 41.7K | $17.77 | $741.3K | 1.39M |
| Jun 16, 2026Form 4 | Lovett Scott R.President, Go to Market | SellClass A Common Stock | 34.9K | $18.15 | $633.8K | 1.43M |
| Jun 3, 2026Form 4 · 10b5-1 | Compton Charles Lacey IIICEO | SellClass A Common Stock | 85 | $21.85 | $1.9K | 1.06M |
| Jun 3, 2026Form 4 · 10b5-1 | Compton Charles Lacey IIICEO | SellClass A Common Stock | 5.7K | $21.15 | $121.5K | 1.06M |
| Jun 3, 2026Form 4 · 10b5-1 | Compton Charles Lacey IIICEO | SellClass A Common Stock | 3.5K | $20.17 | $70.2K | 1.07M |
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