Revenue
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $58.7M | $96.5M | $57.7M | $9.9M | $24.2M | $4.4M | $1.2M | $1.6M | $519,622 | $36.6M | $19.0M | $21.4M | $3.4M | $724,090 | — |
| Gross profit | $728.1M | −$719.2M | −$345.2M | −$33.7M | $116.8M | −$2.6M | −$1.3M | −$1.8M | −$3.0M | $10.1M | $2.4M | $9.6M | $2.5M | — | — |
| Gross margin | 1,240.21% | −745.13% | −598.19% | −340.70% | 482.11% | −60.69% | −109.43% | −114.53% | −567.96% | 27.61% | 12.51% | 44.93% | 72.00% | — | — |
| Research & development | $30.1M | $13.2M | $2.8M | $98,000 | — | — | — | — | — | — | — | — | — | — | — |
| Operating expenses | $1.55B | $465.5M | $236.3M | $639.9M | $119.8M | $7.3M | $5.4M | $13.6M | $14.7M | $52.2M | $44.7M | $27.6M | $7.1M | $5.5M | $30,928 |
| Operating income | −$1.22B | $306.1M | $220.9M | −$673.5M | −$3.0M | −$9.8M | −$4.2M | −$12.1M | −$14.2M | −$15.6M | −$25.7M | −$6.2M | −$3.7M | −$5.5M | −$30,928 |
| Operating margin | −2,085.46% | 317.13% | 382.87% | −6,815.17% | −12.34% | −225.34% | −357.66% | −772.95% | −2,729.58% | −42.54% | −135.32% | −29.00% | −107.52% | −765.23% | — |
| EBITDA | −$451.5M | $735.3M | $406.4M | −$594.8M | $11.9M | −$6.8M | −$3.2M | −$10.0M | −$12.3M | −$8.1M | −$14.9M | −$678,448 | −$2.6M | −$5.5M | — |
| EBITDA margin | −769.08% | 761.78% | 704.43% | −6,018.76% | 49.20% | −155.01% | −273.76% | −640.48% | −2,373.50% | −22.19% | −78.28% | −3.17% | −77.14% | −764.02% | — |
| Net income | −$1.31B | $541.3M | $261.2M | −$694.0M | −$29.8M | −$10.4M | −$3.5M | −$12.8M | −$31.3M | −$28.7M | −$16.9M | −$3.2M | −$3.5M | −$6.9M | −$30,928 |
| Net profit margin | −2,234.06% | 560.74% | 452.65% | −7,022.38% | −123.09% | −239.80% | −296.74% | −820.18% | −6,030.07% | −78.26% | −89.26% | −14.73% | −100.94% | −956.76% | — |
| Basic EPSper basic share | -$3.69 | $1.87 | $1.41 | -$6.12 | -$0.30 | -$0.13 | -$0.53 | -$2.41 | -$19.20 | -$7.56 | -$4.76 | -$1.08 | — | — | $0.00 |
| Diluted EPSper diluted share | -$3.69 | $1.72 | $1.06 | -$6.12 | -$0.30 | -$0.13 | -$0.53 | -$2.41 | -$19.20 | -$7.56 | -$4.76 | -$1.08 | — | — | $0.00 |
Reported shareholders
| Holder | % owned |
|---|---|
BlackRock, Inc. | 16.78%64.1M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 7.17%27.4M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 4.33%16.54M shares |
STATE STREET CORP | 4.16%15.9M shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.85%10.87M shares |
D. E. Shaw & Co., Inc. | 2.72%10.38M shares |
Marex Group Ltd | 2.08%7.95M shares |
MORGAN STANLEY | 1.77%6.77M shares |
BANK OF AMERICA CORP /DE/ | 1.60%6.1M shares |
UBS Group AG | 1.46%5.58M shares |
GOLDMAN SACHS GROUP INC | 1.30%4.98M shares |
CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 1.24%4.73M shares |
Thiel Frederick G | ≈1.19%4.56M shares |
DIMENSIONAL FUND ADVISORS LP | 1.18%4.51M shares |
NORTHERN TRUST CORP | 0.97%3.7M shares |
VAN ECK ASSOCIATES CORP | 0.91%3.47M shares |
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | 0.88%3.35M shares |
SUSQUEHANNA INTERNATIONAL GROUP, LLP | 0.87%3.34M shares |
SEGALL BRYANT & HAMILL, LLC | 0.72%2.76M shares |
Bank of New York Mellon Corp | 0.70%2.68M shares |
Percentages use 381.89M 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 | MELLINGER DOUGLAS KDirector | SellCommon Stock | 7.0K | $16.00 | $112.0K | 231.6K |
| Jun 17, 2026Form 4 · 10b5-1 | Khan Salman HassanChief Financial Officer | SellCommon Stock · indirect | 16.0K | $14.25 | $228.0K | 409.1K |
| Jun 17, 2026Form 4 · 10b5-1 | Nowaid ZabiGeneral Counsel | SellCommon Stock | 7.0K | $14.25 | $99.8K | 963.8K |
| Jun 17, 2026Form 4 · 10b5-1 | Thiel Frederick GChief Executive Officer | SellCommon Stock | 27.5K | $14.25 | $391.9K | 4.56M |
| May 18, 2026Form 4 · 10b5-1 | Thiel Frederick GChief Executive Officer | SellCommon Stock | 27.5K | $12.00 | $330.1K | 4.59M |