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 | $726.4M | $701.0M | $675.0M | $666.8M | $541.5M | $429.6M | $418.9M | $332.4M | $284.3M | $270.1M | $249.0M | $197.7M | $85.6M | $39.1M | $15.7M | $14.6M | $15.0M |
| Gross profit | $576.7M | $530.5M | $490.3M | $467.5M | $401.3M | $312.3M | $312.2M | $245.6M | $196.4M | $160.0M | $177.2M | $120.2M | $30.8M | $6.9M | −$1.1M | $2.3M | $2.7M |
| Gross margin | 79.39% | 75.69% | 72.64% | 70.11% | 74.10% | 72.69% | 74.53% | 73.88% | 69.08% | 59.23% | 71.15% | 60.82% | 35.98% | 17.77% | −6.69% | 15.70% | 18.03% |
| Research & development | $117.3M | $81.6M | $76.3M | $84.8M | $55.5M | $59.4M | $72.1M | $55.7M | $57.3M | $45.7M | $28.7M | $18.7M | $21.6M | $9.9M | $14.9M | $18.6M | $26.2M |
| Operating expenses | $707.2M | $774.3M | $587.3M | $606.8M | $451.6M | $383.3M | $410.5M | $321.4M | $311.6M | $308.4M | $239.5M | $202.8M | $138.8M | $88.4M | $54.8M | $37.3M | $43.6M |
| Operating income | $19.2M | −$73.4M | $87.7M | $60.0M | $89.9M | $46.4M | $10.5M | $15.9M | −$24.9M | −$32.0M | $9.5M | −$5.2M | −$53.3M | −$49.3M | −$39.1M | −$22.7M | −$28.5M |
| Operating margin | 2.64% | −10.47% | 12.99% | 9.00% | 16.61% | 10.79% | 2.50% | 4.79% | −8.77% | −11.86% | 3.80% | −2.61% | −62.29% | −126.13% | −249.23% | −155.95% | −190.24% |
| EBITDA | $110.2M | $5.4M | $163.2M | $151.5M | $118.5M | $66.3M | $30.1M | $29.1M | −$11.1M | −$19.1M | $20.9M | $4.9M | −$47.5M | −$43.6M | −$34.8M | −$18.6M | −$24.4M |
| EBITDA margin | 15.17% | 0.77% | 24.19% | 22.72% | 21.88% | 15.42% | 7.17% | 8.75% | −3.91% | −7.07% | 8.41% | 2.46% | −55.57% | −111.68% | −221.73% | −127.99% | −162.61% |
| Net income | $7.0M | −$99.6M | $42.0M | $15.9M | $42.0M | $145.5M | −$11.0M | −$471,000 | −$42.6M | −$37.9M | $1.9M | −$13.7M | −$63.9M | −$52.3M | −$43.3M | −$27.1M | −$31.7M |
| Net profit margin | 0.97% | −14.20% | 6.22% | 2.39% | 7.75% | 33.87% | −2.63% | −0.14% | −14.99% | −14.05% | 0.75% | −6.94% | −74.70% | −133.77% | −276.17% | −186.44% | −211.30% |
| Basic EPSper basic share | $0.16 | -$2.15 | $0.91 | $0.35 | $0.95 | $3.41 | -$0.27 | -$0.01 | -$1.07 | -$1.02 | $0.05 | -$0.39 | -$1.93 | -$1.72 | -$2.64 | -$47.29 | -$55.32 |
| Diluted EPSper diluted share | $0.16 | -$2.15 | $0.89 | $0.34 | $0.92 | $3.33 | -$0.27 | -$0.01 | -$1.07 | -$1.02 | $0.04 | -$0.39 | -$1.93 | -$1.72 | -$2.64 | -$47.29 | -$55.32 |
Reported shareholders
| Holder | % owned |
|---|---|
BlackRock, Inc. | 16.84%6.71M shares |
Doma Perpetual Capital Management LLC | 6.98%2.78M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 6.04%2.41M shares |
DIMENSIONAL FUND ADVISORS LP | 5.28%2.1M shares |
STATE STREET CORP | 5.17%2.06M shares |
D. E. Shaw & Co., Inc. | 4.90%1.95M shares |
RENAISSANCE TECHNOLOGIES LLC | 4.35%1.73M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 4.25%1.69M shares |
GOLDMAN SACHS GROUP INC | 3.83%1.53M shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.91%1.16M shares |
MORGAN STANLEY | 2.87%1.14M shares |
AMERICAN CENTURY COMPANIES INC | 2.56%1.02M shares |
UBS Group AG | 2.31%920.22K shares |
Impax Asset Management Group plc | 1.88%750.03K shares |
TWO SIGMA INVESTMENTS, LP | 1.82%724.6K shares |
CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 1.73%690.79K shares |
Lee Frank D. | ≈1.66%660.83K shares |
GAGNON SECURITIES LLC | 1.53%608.62K shares |
LSV ASSET MANAGEMENT | 1.53%608.38K shares |
WELLINGTON MANAGEMENT GROUP LLP | 1.41%563.46K shares |
Percentages use 39.82M 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 11, 2026Form 4 · 10b5-1 | RIKER LAURENSenior Vice President, Finance | SellCommon Stock | 6.1K | $23.50 | $143.7K | 62.3K |
| Jun 4, 2026Form 4 · 10b5-1 | WILLIAMS KRISTENChief Administrative Officer | SellCommon Stock | 10.3K | $22.27 | $228.5K | 167.1K |
| Apr 23, 2026Form 4 · 10b5-1 | Cross ShawnChief Financial Officer | SellCommon Stock | 12.9K | $25.16 | $325.6K | 105.3K |
| Apr 22, 2026Form 4 · 10b5-1 | Cross ShawnChief Financial Officer | SellCommon Stock | 1.5K | $25.01 | $37.5K | 105.3K |
| Apr 21, 2026Form 4 · 10b5-1 | Cross ShawnChief Financial Officer | SellCommon Stock | 2.8K | $25.01 | $71.2K | 105.3K |