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 | $822.3M | $799.5M | $746.6M | $460.7M | $464.5M | $406.6M | $460.0M | $453.0M | $433.8M | $409.8M | $396.5M | $402.3M | $397.6M | $440.2M | $435.5M | $462.6M | $545.6M |
| Gross profit | $566.0M | $545.9M | $486.3M | $337.2M | $349.6M | $304.7M | $359.3M | $356.4M | $340.8M | $321.9M | $310.0M | $303.4M | $290.7M | $339.5M | $339.1M | $365.5M | $407.2M |
| Gross margin | 68.83% | 68.28% | 65.13% | 73.18% | 75.26% | 74.94% | 78.13% | 78.67% | 78.55% | 78.56% | 78.18% | 75.41% | 73.11% | 77.12% | 77.86% | 79.01% | 74.63% |
| Research & development | $65.8M | $73.6M | $80.2M | $49.1M | $49.6M | $39.1M | $34.6M | $33.2M | $29.7M | $28.8M | $26.4M | $25.0M | $26.8M | $28.6M | $22.9M | $28.0M | $31.5M |
| Operating expenses | $647.4M | $630.5M | $625.4M | $350.4M | $357.9M | $310.9M | $378.1M | $326.3M | $300.0M | $300.9M | $300.7M | $286.2M | $301.9M | $264.6M | $332.5M | $299.5M | $343.3M |
| Operating income | −$81.4M | −$84.6M | −$139.1M | −$13.3M | −$8.3M | −$6.3M | −$18.8M | $30.1M | $40.8M | $21.1M | $9.3M | $17.1M | −$11.2M | $74.9M | $6.6M | $66.0M | $63.9M |
| Operating margin | −9.90% | −10.58% | −18.63% | −2.88% | −1.79% | −1.54% | −4.08% | 6.64% | 9.41% | 5.14% | 2.33% | 4.26% | −2.81% | 17.01% | 1.52% | 14.26% | 11.71% |
| EBITDA | −$4.1M | −$24.6M | −$86.0M | $15.8M | $21.3M | $24.3M | $5.9M | $48.8M | $60.9M | $41.9M | $30.2M | $40.0M | $11.6M | $93.2M | $29.8M | $88.1M | $86.2M |
| EBITDA margin | −0.50% | −3.07% | −11.52% | 3.42% | 4.58% | 5.97% | 1.29% | 10.76% | 14.05% | 10.23% | 7.61% | 9.95% | 2.92% | 21.17% | 6.84% | 19.04% | 15.80% |
| Net income | −$92.2M | −$126.0M | −$151.4M | −$19.7M | −$38.4M | $2.5M | −$28.5M | $13.8M | $6.2M | $3.1M | −$2.8M | −$8.5M | −$28.8M | $42.9M | −$17.7M | $44.3M | — |
| Net profit margin | −11.21% | −15.76% | −20.28% | −4.29% | −8.26% | 0.62% | −6.19% | 3.05% | 1.43% | 0.75% | −0.71% | −2.12% | −7.25% | 9.73% | −4.06% | 9.58% | — |
| Basic EPSper basic share | -$2.33 | -$3.30 | -$4.12 | -$0.98 | -$1.95 | $0.13 | -$1.51 | $0.73 | $0.34 | $0.17 | -$0.15 | -$0.46 | -$1.54 | $2.26 | -$0.97 | $2.52 | $1.43 |
| Diluted EPSper diluted share | -$2.33 | -$3.30 | -$4.12 | -$0.98 | -$1.95 | $0.13 | -$1.51 | $0.72 | $0.34 | $0.17 | -$0.15 | -$0.46 | -$1.54 | $2.21 | -$0.97 | $2.47 | $1.42 |
Reported shareholders
| Holder | % owned |
|---|---|
Engine Capital Management, LP | 11.23%4.58M shares |
Juniper Investment Company, LLC | 10.91%4.44M shares |
Rubric Capital Management LP | 9.14%3.72M shares |
BlackRock, Inc. | 8.17%3.33M shares |
PARADIGM CAPITAL MANAGEMENT INC/NY | 8.10%3.3M shares |
ARMISTICE CAPITAL, LLC | 8.01%3.26M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 4.25%1.73M shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.57%1.05M shares |
STATE STREET CORP | 2.34%953.15K shares |
AQR CAPITAL MANAGEMENT LLC | 2.18%887.28K shares |
ACADIAN ASSET MANAGEMENT LLC | 2.18%887.2K shares |
MILLENNIUM MANAGEMENT LLC | 2.12%862.03K shares |
AYAL Capital Advisors Ltd | 1.90%775.42K shares |
DIMENSIONAL FUND ADVISORS LP | 1.80%731.64K shares |
JACOBS LEVY EQUITY MANAGEMENT, INC | 1.18%480.84K shares |
GOLDMAN SACHS GROUP INC | 1.10%446.14K shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 0.99%404.84K shares |
NORTHERN TRUST CORP | 0.89%363.88K shares |
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 0.85%344.21K shares |
CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 0.82%334.62K shares |
Percentages use 40.73M 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 18, 2026Form 4 | McPherron AvivaPres, Global Ops & Qual | SellCommon Stock | 3.7K | $9.38 | $34.4K | 66.3K |
| May 22, 2026Form 4 | Juniper Investment Company, LLC +2TenPercentOwner | SellCommon Stock, $0.10 par value per share · indirect | 242.0K | $10.70 | $2.59M | 3.46M |
| May 7, 2026Form 4 | HENNEMAN JOHN B IIIDirector | BuyCommon Stock | 5.0K | $12.26 | $61.3K | 90.8K |
| May 7, 2026Form 4 | Engine Jet Capital, L.P. +7TenPercentOwner | BuyCommon Stock · indirect | 904 | $12.15 | $11.0K | 382.4K |
| May 7, 2026Form 4 | Engine Jet Capital, L.P. +7TenPercentOwner | BuyCommon Stock · indirect | 1.8K | $12.20 | $22.1K | 381.5K |