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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $714.0M | $668.2M | $619.7M | $577.1M | $468.4M | $221.6M | $156.4M | $124.7M | $155.5M | $278.2M | $248.5M | $125.3M | $83.8M | $57.1M |
| Gross profit | $447.3M | $409.3M | $209.8M | $269.9M | $266.8M | $143.9M | $99.0M | $64.7M | $98.7M | $205.0M | $190.0M | $104.5M | $68.5M | $44.7M |
| Gross margin | 62.66% | 61.26% | 33.86% | 46.77% | 56.95% | 64.92% | 63.31% | 51.88% | 63.46% | 73.67% | 76.46% | 83.44% | 81.68% | 78.33% |
| Research & development | $84.7M | $95.2M | $94.3M | $93.8M | $74.4M | $51.5M | $40.3M | $37.9M | $47.5M | $51.2M | $42.1M | $22.7M | $18.6M | $13.1M |
| Operating expenses | $616.4M | $617.1M | $774.7M | $689.9M | $549.5M | $275.9M | $184.0M | $188.3M | $312.5M | $303.1M | $254.1M | $144.1M | $87.7M | $58.3M |
| Operating income | $97.6M | $51.1M | −$155.0M | −$112.8M | −$81.1M | −$54.2M | −$27.6M | −$63.6M | −$157.0M | −$24.9M | −$5.6M | −$18.8M | −$3.9M | −$1.2M |
| Operating margin | 13.67% | 7.65% | −25.01% | −19.54% | −17.31% | −24.47% | −17.63% | −51.01% | −100.92% | −8.95% | −2.25% | −14.99% | −4.63% | −2.10% |
| EBITDA | $151.3M | $109.6M | $85.8M | $103.3M | $65.8M | −$5.0M | $4.5M | −$28.3M | −$120.8M | $17.9M | $25.4M | −$6.3M | $4.6M | $5.7M |
| EBITDA margin | 21.19% | 16.40% | 13.85% | 17.90% | 14.05% | −2.25% | 2.90% | −22.67% | −77.63% | 6.42% | 10.23% | −5.00% | 5.44% | 9.91% |
| Net income | $144.6M | $22.8M | −$159.2M | −$130.3M | $65,000 | −$53.4M | −$25.5M | −$61.8M | −$154.8M | −$18.1M | $422,000 | −$18.7M | −$9.2M | −$2.4M |
| Net profit margin | 20.26% | 3.41% | −25.69% | −22.58% | 0.01% | −24.11% | −16.29% | −49.58% | −99.51% | −6.49% | 0.17% | −14.90% | −11.03% | −4.14% |
| Basic EPSper basic share | $1.01 | $0.16 | -$1.17 | -$0.98 | $0.00 | -$0.55 | -$0.48 | -$1.23 | -$3.17 | -$0.39 | $0.01 | -$0.70 | -$1.17 | -$0.60 |
| Diluted EPSper diluted share | $0.95 | $0.16 | -$1.17 | -$0.98 | $0.00 | -$0.55 | -$0.48 | -$1.23 | -$3.17 | -$0.39 | $0.01 | -$0.70 | -$1.17 | -$0.60 |
Reported shareholders
| Holder | % owned |
|---|---|
BlackRock, Inc. | 8.87%12.71M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 5.72%8.2M shares |
FMR LLC | 5.41%7.76M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 4.34%6.23M shares |
WELLINGTON MANAGEMENT GROUP LLP | 4.22%6.04M shares |
DIMENSIONAL FUND ADVISORS LP | 3.67%5.26M shares |
Boston Partners | 3.50%5.01M shares |
AMERICAN CENTURY COMPANIES INC | 3.22%4.62M shares |
Capital Research Global Investors | 2.70%3.87M shares |
Nuveen, LLC | 2.65%3.79M shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.64%3.79M shares |
Edenbrook Capital, LLC | 2.48%3.56M shares |
STATE STREET CORP | 2.46%3.53M shares |
325 CAPITAL LLC | 2.38%3.41M shares |
Nine Ten Capital Management LLC | 2.27%3.26M shares |
Granahan Investment Management, LLC | 2.15%3.08M shares |
CANADA PENSION PLAN INVESTMENT BOARD | 2.09%3M shares |
JANE STREET GROUP, LLC | 1.53%2.2M shares |
Park West Asset Management LLC | 1.39%2M shares |
MORGAN STANLEY | 1.39%1.99M shares |
Percentages use 143.38M 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 17, 2026Form 4 · 10b5-1 | Buckley Sean PatrickSee Remarks | SellCommon Stock | 19.2K | $19.00 | $365.4K | 373.5K |
| Jun 17, 2026Form 4 · 10b5-1 | Buonasera DavidCHIEF TECHNOLOGY OFFICER | SellCommon Stock | 1.4K | $19.00 | $26.8K | 279.1K |
| Jun 16, 2026Form 4 · 10b5-1 | Knopper Douglas SDirector | SellCommon Stock | 37.3K | $18.10 | $675.8K | 125.8K |
| Jun 16, 2026Form 4 · 10b5-1 | Buonasera DavidCHIEF TECHNOLOGY OFFICER | SellCommon Stock | 11.2K | $18.00 | $202.2K | 280.5K |
| Jun 16, 2026Form 4 · 10b5-1 | BARRETT MICHAEL G.CEO | SellCommon Stock | 100.0K | $17.50 | $1.75M | 403.1K |