Revenue
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.20B | $980.5M | $905.3M | $812.6M | $743.3M | $742.3M | $719.5M | $652.8M | $509.5M | $424.4M | $380.5M | $350.2M | $300.6M | $232.1M | $172.5M | $144.7M |
| Gross profit | $752.1M | $583.4M | $458.2M | $377.2M | $389.6M | $404.3M | $395.2M | $356.1M | $318.0M | $272.6M | $233.4M | $201.3M | $175.0M | $142.1M | $104.1M | $89.2M |
| Gross margin | 62.54% | 59.50% | 50.61% | 46.42% | 52.41% | 54.46% | 54.92% | 54.54% | 62.40% | 64.23% | 61.32% | 57.47% | 58.21% | 61.21% | 60.37% | 61.66% |
| Research & development | $296.2M | $269.4M | $249.7M | $229.2M | $201.5M | $200.6M | $188.5M | $171.7M | $130.3M | $112.5M | $93.4M | $76.2M | $63.0M | $49.1M | $34.8M | $28.3M |
| Operating expenses | $711.0M | $635.9M | $607.7M | $576.6M | $495.1M | $428.2M | $393.7M | $371.7M | $296.1M | $256.2M | $216.9M | $182.9M | $145.3M | $113.1M | $97.3M | $71.2M |
| Operating income | $41.1M | −$52.6M | −$149.5M | −$199.4M | −$105.6M | −$23.9M | $1.5M | −$15.6M | $21.9M | $16.4M | $16.5M | $18.4M | $29.7M | $28.9M | $6.9M | $18.0M |
| Operating margin | 3.42% | −5.36% | −16.51% | −24.54% | −14.21% | −3.22% | 0.20% | −2.39% | 4.29% | 3.87% | 4.33% | 5.26% | 9.89% | 12.47% | 3.98% | 12.45% |
| EBITDA | $64.8M | −$30.3M | −$124.7M | −$165.9M | −$68.6M | $18.8M | $41.4M | $20.0M | $40.6M | $25.3M | $24.0M | $25.2M | $34.6M | $31.9M | $9.1M | $19.4M |
| EBITDA margin | 5.39% | −3.09% | −13.77% | −20.42% | −9.23% | 2.53% | 5.76% | 3.06% | 7.97% | 5.96% | 6.30% | 7.19% | 11.50% | 13.73% | 5.27% | 13.40% |
| Net income | $69.8M | −$6.1M | −$111.9M | −$180.4M | −$66.5M | −$27.2M | $20.7M | −$26.7M | $18.1M | $15.0M | $9.9M | $14.7M | $24.7M | $18.7M | $35.6M | $15.5M |
| Net profit margin | 5.81% | −0.62% | −12.36% | −22.20% | −8.95% | −3.66% | 2.88% | −4.10% | 3.55% | 3.53% | 2.60% | 4.20% | 8.20% | 8.04% | 20.62% | 10.73% |
| Basic EPSper basic share | $0.83 | -$0.07 | -$1.36 | -$2.16 | -$0.79 | -$0.33 | $0.25 | -$0.34 | $0.24 | $0.21 | $0.14 | $0.22 | $0.44 | $0.36 | $0.83 | $0.32 |
| Diluted EPSper diluted share | $0.81 | -$0.07 | -$1.36 | -$2.16 | -$0.79 | -$0.33 | $0.25 | -$0.34 | $0.24 | $0.20 | $0.14 | $0.21 | $0.40 | $0.32 | $0.76 | $0.30 |
Reported shareholders
| Holder | % owned |
|---|---|
BAMCO INC /NY/ | ≈10.80%8.99M shares |
BlackRock, Inc. | ≈10.70%8.91M shares |
Linonia Partnership LP | ≈8.33%6.93M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | ≈5.41%4.51M shares |
VANGUARD CAPITAL MANAGEMENT LLC | ≈4.62%3.85M shares |
Darsana Capital Partners LP | ≈4.57%3.8M shares |
STATE STREET CORP | ≈3.22%2.68M shares |
JPMORGAN CHASE & CO | ≈2.70%2.25M shares |
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | ≈2.44%2.03M shares |
Route One Investment Company, L.P. | ≈2.22%1.85M shares |
GEODE CAPITAL MANAGEMENT, LLC | ≈1.96%1.64M shares |
PRINCIPAL FINANCIAL GROUP INC | ≈1.50%1.25M shares |
VAN ECK ASSOCIATES CORP | ≈1.46%1.22M shares |
T. Rowe Price Investment Management, Inc. | ≈1.44%1.2M shares |
Artisan Partners Limited Partnership | ≈1.17%970.33K shares |
WASATCH ADVISORS LP | ≈1.04%867.12K shares |
WESTFIELD CAPITAL MANAGEMENT CO LP | ≈1.01%839.34K shares |
JANE STREET GROUP, LLC | ≈1.00%834.84K shares |
WELLINGTON MANAGEMENT GROUP LLP | ≈0.93%776.45K shares |
Stockbridge Partners LLC | ≈0.91%759.83K shares |
Percentages use 83.26M shares of this listed class outstanding on May 29, 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 29, 2026Form 4 · 10b5-1 | Rosenbaum Michael GeorgeChief Executive Officer | SellCommon Stock | 1.2K | $124.29 | $149.1K | 197.4K |
| Jun 22, 2026Form 4 · 10b5-1 | Cooper Jeffrey ElliottChief Financial Officer | SellCommon Stock | 1.3K | $105.67 | $142.4K | 62.1K |
| Jun 22, 2026Form 4 · 10b5-1 | Rosenbaum Michael GeorgeChief Executive Officer | SellCommon Stock | 1.2K | $105.67 | $126.8K | 198.6K |
| Jun 16, 2026Form 4 | Mullen John PPresident | SellCommon Stock | 4.3K | $118.74 | $509.6K | 131.1K |
| Jun 16, 2026Form 4 | Cooper Jeffrey ElliottChief Financial Officer | SellCommon Stock | 2.6K | $118.74 | $308.0K | 63.5K |