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 | $85.3M | $91.0M | $106.3M | $97.9M | $130.6M | $138.1M | $117.2M | $113.0M | $101.9M | $104.4M | $114.7M | $116.5M | $71.2M | $52.3M | $42.9M | $33.6M | $25.4M |
| Gross profit | $42.5M | $44.9M | $50.5M | $37.1M | — | — | $64.3M | $61.6M | $52.0M | $58.4M | $114.4M | $116.2M | $70.9M | $52.0M | $42.8M | $22.0M | $13.9M |
| Gross margin | 49.86% | 49.32% | 47.44% | 37.83% | — | — | 54.83% | 54.57% | 50.99% | 55.95% | 99.74% | 99.74% | 99.58% | 99.43% | 99.77% | 65.49% | 54.80% |
| Research & development | $26.0M | $28.8M | $25.9M | $37.4M | $37.9M | $36.5M | $31.6M | $30.0M | $30.8M | $38.4M | $39.3M | $43.4M | $20.0M | $16.6M | $13.9M | $13.0M | $12.3M |
| Operating expenses | $152.8M | $172.4M | $127.0M | $153.3M | $198.0M | $189.2M | $169.1M | $161.1M | $160.3M | $177.6M | $164.9M | $168.3M | $89.8M | $70.4M | $61.4M | $48.1M | $43.4M |
| Operating income | −$110.2M | −$127.5M | −$76.6M | −$116.2M | −$67.5M | −$51.0M | −$51.8M | −$48.2M | −$58.4M | −$73.2M | −$50.2M | −$51.8M | −$18.7M | −$18.1M | −$18.6M | −$14.6M | −$18.0M |
| Operating margin | −129.20% | −140.08% | −72.03% | −118.64% | −51.66% | −36.94% | −44.22% | −42.64% | −57.25% | −70.07% | −43.72% | −44.51% | −26.20% | −34.53% | −43.31% | −43.42% | −70.98% |
| EBITDA | −$101.0M | −$115.0M | −$63.9M | −$103.8M | −$64.2M | −$47.0M | −$47.2M | −$42.8M | −$51.0M | −$66.5M | −$45.2M | −$47.8M | −$16.1M | −$15.9M | −$17.2M | −$13.4M | −$16.4M |
| EBITDA margin | −118.35% | −126.33% | −60.12% | −105.93% | −49.20% | −34.04% | −40.29% | −37.88% | −49.98% | −63.62% | −39.44% | −41.02% | −22.62% | −30.34% | −40.02% | −40.03% | −64.56% |
| Net income | −$74.9M | −$138.9M | −$74.7M | −$190.1M | −$59.2M | −$53.0M | −$64.8M | −$59.0M | −$60.5M | −$76.0M | −$53.3M | −$52.8M | −$16.5M | −$19.0M | −$22.5M | −$16.9M | −$19.1M |
| Net profit margin | −87.77% | −152.61% | −70.21% | −194.08% | −45.36% | −38.38% | −55.26% | −52.24% | −59.38% | −72.75% | −46.48% | −45.36% | −23.22% | −36.35% | −52.42% | −50.36% | −75.27% |
| Basic EPSper basic share | -$0.20 | -$0.52 | -$0.94 | -$2.43 | -$0.78 | -$0.74 | -$0.97 | -$1.49 | -$1.84 | -$2.62 | -$1.86 | -$1.90 | -$0.65 | -$0.86 | -$1.81 | -$8.94 | -$11.02 |
| Diluted EPSper diluted share | -$0.20 | -$0.52 | -$0.94 | -$2.43 | -$0.78 | -$0.74 | -$0.97 | -$1.49 | -$1.84 | -$2.62 | -$1.86 | -$1.90 | -$0.65 | -$0.86 | -$1.81 | -$8.94 | -$11.02 |
Reported shareholders
| Holder | % owned |
|---|---|
Casdin Eli | ≈23.42%91.84M shares |
Casdin Capital, LLC | 22.64%88.78M shares |
VIKING GLOBAL INVESTORS LP | 14.96%58.65M shares |
MAK CAPITAL ONE LLC | 7.35%28.81M shares |
Long Focus Capital Management, LLC | 5.99%23.5M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 3.12%12.25M shares |
BlackRock, Inc. | 2.11%8.25M shares |
Egholm Michael | ≈1.68%6.6M shares |
Hollow Brook Wealth Management LLC | 1.40%5.5M shares |
NEUBERGER BERMAN GROUP LLC | 1.26%4.96M shares |
Qube Research & Technologies Ltd | 1.23%4.82M shares |
ROYCE & ASSOCIATES LP | 1.15%4.53M shares |
GEODE CAPITAL MANAGEMENT, LLC | 0.99%3.9M shares |
Tikvah Management LLC | 0.91%3.55M shares |
MILLENNIUM MANAGEMENT LLC | 0.90%3.51M shares |
MORGAN STANLEY | 0.72%2.83M shares |
D. E. Shaw & Co., Inc. | 0.72%2.82M shares |
Kim Hanjoon Alex | ≈0.70%2.76M shares |
JANE STREET GROUP, LLC | 0.64%2.51M shares |
Peapod Lane Capital LLC | 0.61%2.41M shares |
Percentages use 392.12M 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 |
|---|---|---|---|---|---|---|
| Dec 4, 2025Form 4 | CASDIN PRIVATE GROWTH EQUITY FUND GP, LLC +7Director | BuyCommon Stock, $0.001 par value per share · indirect | 150.0K | $1.45 | $217.5K | 72.10M |
| Dec 3, 2025Form 4 | CASDIN PRIVATE GROWTH EQUITY FUND GP, LLC +7Director | BuyCommon Stock, $0.001 par value per share · indirect | 75.0K | $1.44 | $108.0K | 71.95M |
| Dec 2, 2025Form 4 | CASDIN PRIVATE GROWTH EQUITY FUND GP, LLC +7Director | BuyCommon Stock, $0.001 par value per share · indirect | 125.0K | $1.42 | $177.5K | 71.88M |
| Nov 25, 2025Form 4 | Casdin Partners GP, LLC +7Director,TenPercentOwner | BuyCommon Stock, $0.001 par value per share · indirect | 7.55M | $1.30 | $9.81M | 71.75M |
| Nov 24, 2025Form 4 | Casdin Partners GP, LLC +7Director,TenPercentOwner | BuyCommon Stock, $0.001 par value per share · indirect | 150.0K | $1.43 | $214.5K | 64.20M |