Revenue
2009
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 | 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.00B | $977.1M | $1.29B | $1.43B | $1.46B | $1.20B | $1.31B | $1.46B | $1.41B | $1.01B | $901.3M | $769.8M | $648.0M | $562.5M | $474.5M | $299.3M | $185.9M |
| Gross profit | $381.5M | $338.2M | $541.7M | $555.4M | $696.4M | $539.0M | $606.2M | $800.3M | $796.9M | $552.2M | $491.9M | $416.5M | $339.9M | $304.7M | $257.3M | $146.5M | $64.3M |
| Gross margin | 38.00% | 34.61% | 42.08% | 38.85% | 47.67% | 44.89% | 46.11% | 54.82% | 56.56% | 54.89% | 54.58% | 54.11% | 52.45% | 54.17% | 54.22% | 48.94% | 34.57% |
| Research & development | $117.4M | $109.8M | $98.7M | $116.1M | $139.6M | $126.9M | $130.0M | $122.8M | $100.9M | $78.6M | $63.3M | $53.4M | $41.7M | $31.4M | $25.4M | $19.2M | $18.5M |
| Operating expenses | $368.4M | $546.4M | $309.7M | $385.9M | $328.5M | $340.3M | $372.4M | $276.9M | $245.8M | $187.9M | $149.8M | $132.8M | $121.8M | $95.8M | $81.7M | $66.1M | $55.2M |
| Operating income | $13.1M | −$208.3M | $232.0M | $169.5M | $367.9M | $198.7M | $233.8M | $523.4M | $551.1M | $364.3M | $342.0M | $283.8M | $218.1M | $208.9M | $175.5M | $80.4M | $9.1M |
| Operating margin | 1.31% | −21.31% | 18.02% | 11.86% | 25.18% | 16.54% | 17.78% | 35.85% | 39.12% | 36.21% | 37.95% | 36.86% | 33.66% | 37.13% | 36.99% | 26.87% | 4.87% |
| EBITDA | $80.0M | −$146.8M | $301.6M | $260.1M | $464.2M | $293.2M | $330.1M | $603.7M | $615.7M | $415.8M | $384.5M | $319.4M | $249.7M | $235.0M | $199.5M | $102.2M | $28.2M |
| EBITDA margin | 7.97% | −15.02% | 23.43% | 18.19% | 31.78% | 24.42% | 25.11% | 41.35% | 43.70% | 41.32% | 42.66% | 41.49% | 38.53% | 41.78% | 42.04% | 34.17% | 15.19% |
| Net income | $31.1M | −$181.5M | $218.9M | $109.9M | $278.4M | $159.6M | $180.2M | $404.0M | $347.6M | $260.8M | $242.2M | $200.4M | $155.8M | $145.0M | $117.8M | $54.0M | $5.4M |
| Net profit margin | 3.10% | −18.58% | 17.00% | 7.69% | 19.06% | 13.29% | 13.71% | 27.68% | 24.67% | 25.92% | 26.87% | 26.04% | 24.04% | 25.78% | 24.82% | 18.04% | 2.92% |
| Basic EPSper basic share | $0.73 | -$4.09 | $4.64 | $2.17 | $5.21 | $3.00 | $3.40 | $7.55 | $6.50 | $4.91 | $4.60 | $3.85 | $3.02 | $2.87 | $2.48 | $1.16 | $0.12 |
| Diluted EPSper diluted share | $0.73 | -$4.09 | $4.63 | $2.16 | $5.16 | $2.97 | $3.35 | $7.38 | $6.36 | $4.85 | $4.53 | $3.79 | $2.97 | $2.81 | $2.41 | $1.13 | $0.12 |
Reported shareholders
| Holder | % owned |
|---|---|
Valentin Gapontsev Trust I | ≈15.81%6.73M shares |
First Eagle Investment Management, LLC | 15.70%6.68M shares |
IP FIBRE DEVICES LTD | ≈15.35%6.53M shares |
BlackRock, Inc. | 6.70%2.85M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 3.87%1.65M shares |
DIMENSIONAL FUND ADVISORS LP | 3.76%1.6M shares |
LAZARD ASSET MANAGEMENT LLC | 3.36%1.43M shares |
Sumitomo Mitsui Trust Group, Inc. | 3.20%1.36M shares |
VICTORY CAPITAL MANAGEMENT INC | 3.09%1.32M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 2.71%1.15M shares |
NEUBERGER BERMAN GROUP LLC | 2.30%976.97K shares |
Pavlova Natalia / Samartsev Igor | ≈2.25%958.52K shares |
STATE STREET CORP | 2.14%909.29K shares |
WESTWOOD HOLDINGS GROUP INC | 2.12%901.54K shares |
M&G PLC | 1.40%596.44K shares |
DISCIPLINED GROWTH INVESTORS INC /MN | 1.25%530.83K shares |
GEODE CAPITAL MANAGEMENT, LLC | 1.20%511.87K shares |
SEGALL BRYANT & HAMILL, LLC | 1.17%498.81K shares |
AQR CAPITAL MANAGEMENT LLC | 1.05%448.58K shares |
MORGAN STANLEY | 1.01%431.65K shares |
Percentages use 42.53M 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 22, 2026Form 4 · 10b5-1 | Agnes TangDirector | SellCommon Stock | 200 | $119.32 | $23.9K | 9.6K |
| Jun 22, 2026Form 4 · 10b5-1 | Agnes TangDirector | SellCommon Stock | 536 | $118.08 | $63.3K | 9.8K |
| Jun 22, 2026Form 4 · 10b5-1 | Agnes TangDirector | SellCommon Stock | 775 | $117.32 | $90.9K | 10.3K |
| May 22, 2026Form 4 | Mammen Timothy PVSVP, Chief Financial Officer | SellCommon Stock | 2.7K | $120.37 | $326.4K | 76.4K |
| May 22, 2026Form 4 | Mammen Timothy PVSVP, Chief Financial Officer | SellCommon Stock | 7.3K | $119.60 | $868.7K | 79.2K |