Revenue
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue | $217.4M | $216.7M | $223.2M | $110.8M | $48.4M | $22.6M |
| Gross profit | $86.6M | $90.3M | $89.6M | $50.3M | $19.7M | $9.6M |
| Gross margin | 39.85% | 41.68% | 40.13% | 45.40% | 40.71% | 42.32% |
| Research & development | $154.1M | $175.1M | $154.5M | $121.2M | $58.1M | $22.0M |
| Operating expenses | $371.6M | $386.8M | $358.6M | $229.9M | $123.2M | $41.9M |
| Operating income | −$154.2M | −$170.1M | −$135.4M | −$119.1M | −$74.8M | −$19.2M |
| Operating margin | −70.94% | −78.49% | −60.68% | −107.52% | −154.49% | −85.10% |
| EBITDA | −$94.2M | −$93.9M | −$90.2M | −$35.7M | — | — |
| EBITDA margin | −43.32% | −43.35% | −40.40% | −32.19% | — | — |
| Net income | −$143.1M | −$132.6M | −$117.6M | −$43.4M | −$88.0M | −$97.5M |
| Net profit margin | −65.81% | −61.20% | −52.71% | −39.17% | −181.86% | −431.22% |
| Basic EPSper basic share | -$0.73 | -$0.76 | -$0.81 | -$0.37 | -$1.26 | -$3.12 |
| Diluted EPSper diluted share | -$0.73 | -$0.76 | -$0.81 | -$0.37 | -$1.26 | -$3.12 |
Reported shareholders
| Holder | % owned |
|---|---|
PRIMECAP MANAGEMENT CO/CA/ | 14.74%31.62M shares |
BAMCO INC /NY/ | 10.73%23.01M shares |
Granahan Investment Management, LLC | 9.05%19.42M shares |
BlackRock, Inc. | 8.88%19.05M shares |
STATE STREET CORP | 8.63%18.5M shares |
FRONTIER CAPITAL MANAGEMENT CO LLC | 7.42%15.91M shares |
Elemental Capital Partners LLC | 6.20%13.31M shares |
NEUBERGER BERMAN GROUP LLC | 4.83%10.35M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 3.85%8.26M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 2.97%6.37M shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.60%5.57M shares |
Artemis Investment Management LLP | 2.49%5.34M shares |
GOLDMAN SACHS GROUP INC | 1.84%3.94M shares |
WASATCH ADVISORS LP | 1.75%3.76M shares |
UBS Group AG | 1.41%3.04M shares |
MORGAN STANLEY | 1.39%2.97M shares |
ROYCE & ASSOCIATES LP | 1.04%2.23M shares |
Nuveen, LLC | 1.03%2.21M shares |
NORTHERN TRUST CORP | 0.96%2.05M shares |
FEDERATED HERMES, INC. | 0.90%1.94M shares |
Percentages use 214.51M shares of this listed class outstanding on Jun 30, 2026.
Gray completes the 100% scale. Reported positions may overlap; holders have different reporting dates.
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Jun 15, 2026Form 4 · 10b5-1 | McClymont DonaldChief Executive Officer | SellClass A Common Stock | 50.0K | $4.19 | $209.5K | 307.4K |
| Jun 4, 2026Form 4 | Wittmann MichaelChief Operating Officer | SellClass A Common Stock | 39.6K | $4.80 | $190.3K | 98.3K |
| Jun 2, 2026Form 4 · 10b5-1 | Wittmann MichaelChief Operating Officer | SellClass A Common Stock | 24.7K | $5.13 | $126.9K | 138.0K |
| Jun 2, 2026Form 4 · 10b5-1 | Wittmann MichaelChief Operating Officer | SellClass A Common Stock | 12.8K | $5.13 | $65.5K | 162.7K |
| Jun 2, 2026Form 4 | McClymont DonaldChief Executive Officer | SellClass A Common Stock | 9.4K | $5.12 | $48.3K | 307.4K |