Revenue
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $169.4M | $111.1M | $83.3M | $41.0M | $33.6M | $18.9M | $11.4M |
| Gross profit | $83.4M | $40.5M | $8.3M | $10.9M | $9.1M | $1.5M | −$6.0M |
| Gross margin | 49.26% | 36.42% | 9.98% | 26.64% | 27.06% | 8.00% | −52.70% |
| Research & development | $65.2M | $58.1M | $91.2M | $64.3M | $34.6M | $23.3M | $23.3M |
| Operating expenses | $157.4M | $144.6M | $381.5M | $156.4M | $108.8M | $53.3M | $42.3M |
| Operating income | −$74.0M | −$104.2M | −$373.2M | −$145.4M | −$99.7M | −$51.8M | −$48.4M |
| Operating margin | −43.69% | −93.77% | −448.12% | −354.44% | −296.95% | −273.82% | −423.75% |
| EBITDA | −$66.2M | −$94.3M | −$356.0M | −$136.0M | −$94.2M | −$48.0M | −$46.3M |
| EBITDA margin | −39.09% | −84.91% | −427.53% | −331.39% | −280.64% | −254.15% | −405.95% |
| Net income | −$60.4M | −$97.0M | −$374.1M | −$138.6M | −$94.0M | −$106.8M | −$51.7M |
| Net profit margin | −35.65% | −87.35% | −449.22% | −337.71% | −279.89% | −564.85% | −452.65% |
| Basic EPSper basic share | -$1.07 | -$2.08 | -$10.10 | -$7.79 | -$70.00 | -$598.00 | -$699.00 |
| Diluted EPSper diluted share | -$1.07 | -$2.08 | -$10.10 | -$7.79 | -$70.00 | -$598.00 | -$699.00 |
Reported shareholders
| Holder | % owned |
|---|---|
BlackRock, Inc. | 8.11%5.56M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 3.95%2.71M shares |
STATE STREET CORP | 3.00%2.05M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 2.63%1.8M shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.40%1.64M shares |
MORGAN STANLEY | 1.82%1.24M shares |
Pacala Charles Angus | ≈1.57%1.07M shares |
PRICE T ROWE ASSOCIATES INC /MD/ | 1.49%1.02M shares |
JPMORGAN CHASE & CO | 1.06%728.69K shares |
EXCHANGE TRADED CONCEPTS, LLC | 0.98%669.17K shares |
Penn Capital Management Company, LLC | 0.96%656.09K shares |
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.89%612.65K shares |
Legal & General Group Plc | 0.88%601.82K shares |
RENAISSANCE TECHNOLOGIES LLC | 0.84%575.9K shares |
NORTHERN TRUST CORP | 0.82%564.02K shares |
OBERWEIS ASSET MANAGEMENT INC/ | 0.80%545.81K shares |
CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 0.78%533.95K shares |
CITADEL ADVISORS LLC | 0.70%476.59K shares |
VANGUARD FIDUCIARY TRUST CO | 0.66%452.37K shares |
Shannon River Fund Management LLC | 0.66%449.26K shares |
Percentages use 68.49M 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 | Tewksbury Ted L IIIDirector | SellCommon Stock | 1.7K | $47.00 | $79.7K | 125.0K |
| Jun 12, 2026Form 4 · 10b5-1 | Gianella Kenneth P.Chief Financial Officer | SellCommon Stock | 54.3K | $38.82 | $2.11M | 301.0K |
| Jun 12, 2026Form 4 · 10b5-1 | Pacala Charles AngusPresident and CEO | SellCommon Stock | 29.8K | $38.82 | $1.16M | 1.07M |
| Jun 12, 2026Form 4 | Jacquemet CyrilleChief Revenue Officer | SellCommon Stock | 8.7K | $38.82 | $338.6K | 114.4K |
| Jun 12, 2026Form 4 · 10b5-1 | SPENCER DARIENChief Operating Officer | SellCommon Stock | 12.6K | $38.82 | $487.5K | 329.8K |