Revenue
2018
2019
2020
2021
2022
2023
2024
2025
2026
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $492.5M | $467.5M | $430.7M | $370.8M | $281.4M | $213.6M | $166.4M | $117.8M | $79.6M |
| Gross profit | $418.4M | $387.8M | $352.9M | $300.4M | $233.0M | $182.9M | $141.8M | $100.6M | $66.9M |
| Gross margin | 84.95% | 82.96% | 81.93% | 81.00% | 82.81% | 85.63% | 85.22% | 85.36% | 84.03% |
| Research & development | $126.9M | $141.5M | $139.8M | $134.9M | $95.7M | $64.6M | $49.0M | $38.9M | $33.5M |
| Operating expenses | $412.6M | $447.6M | $449.1M | $429.7M | $334.7M | $249.2M | $197.3M | $142.9M | $105.2M |
| Operating income | $5.8M | −$59.8M | −$96.2M | −$129.4M | −$101.7M | −$66.3M | −$55.6M | −$42.3M | −$38.3M |
| Operating margin | 1.19% | −12.79% | −22.35% | −34.89% | −36.15% | −31.04% | −33.40% | −35.92% | −48.12% |
| EBITDA | $19.0M | −$39.2M | −$76.1M | −$111.9M | −$93.4M | −$61.0M | −$53.2M | −$40.6M | −$37.0M |
| EBITDA margin | 3.85% | −8.38% | −17.67% | −30.19% | −33.18% | −28.57% | −31.99% | −34.48% | −46.43% |
| Net income | $173.4M | −$42.7M | −$75.2M | −$128.4M | −$107.5M | −$68.9M | −$50.3M | −$40.7M | −$38.1M |
| Net profit margin | 35.20% | −9.14% | −17.46% | −34.63% | −38.19% | −32.26% | −30.26% | −34.58% | −47.91% |
| Basic EPSper basic share | $1.91 | -$0.59 | -$0.89 | -$1.45 | -$1.27 | -$0.87 | -$0.77 | -$1.90 | -$1.91 |
| Diluted EPSper diluted share | $1.87 | -$0.59 | -$0.89 | -$1.45 | -$1.27 | -$0.87 | -$0.77 | -$1.90 | -$1.91 |
Reported shareholders
| Holder | % owned |
|---|---|
BlackRock, Inc. | ≈12.00%9.25M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | ≈7.35%5.67M shares |
D. E. Shaw & Co., Inc. | ≈5.47%4.22M shares |
Lynrock Lake LP | ≈4.80%3.7M shares |
AQR CAPITAL MANAGEMENT LLC | ≈4.18%3.23M shares |
VANGUARD CAPITAL MANAGEMENT LLC | ≈4.11%3.17M shares |
STATE STREET CORP | ≈3.23%2.49M shares |
Solomon Dan Alexandru | ≈3.10%2.39M shares |
GEODE CAPITAL MANAGEMENT, LLC | ≈2.92%2.25M shares |
GOLDMAN SACHS GROUP INC | ≈2.66%2.05M shares |
Qube Research & Technologies Ltd | ≈2.59%2M shares |
MORGAN STANLEY | ≈2.51%1.94M shares |
ACADIAN ASSET MANAGEMENT LLC | ≈2.13%1.64M shares |
LSV ASSET MANAGEMENT | ≈2.11%1.63M shares |
AMERIPRISE FINANCIAL INC | ≈2.06%1.59M shares |
JACOBS LEVY EQUITY MANAGEMENT, INC | ≈1.68%1.3M shares |
FMR LLC | ≈1.27%979.92K shares |
DiLullo John D | ≈1.07%824.5K shares |
ROYCE & ASSOCIATES LP | ≈1.07%822.6K shares |
TWO SIGMA INVESTMENTS, LP | ≈1.05%812.86K shares |
Percentages use 77.12M shares of this listed class outstanding on May 26, 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 |
|---|---|---|---|---|---|---|
| May 19, 2026Form 4 · 10b5-1 | Tejada JenniferExecutive Chair | SellCommon Stock | 105.1K | $6.92 | $727.3K | 1.75M |
| May 18, 2026Form 4 · 10b5-1 | Tejada JenniferExecutive Chair | SellCommon Stock | 358.4K | $6.98 | $2.50M | 1.85M |
| Dec 30, 2025Form 4 · 10b5-1 | Solomon Dan AlexandruDirector | SellCommon Stock | 266.7K | $13.35 | $3.56M | 2.39M |
| Jul 25, 2025Form 4 · 10b5-1 | Solomon Dan AlexandruDirector | SellCommon Stock | 48 | $18.00 | $864.00 | 2.66M |
| Jan 28, 2025Form 4 · 10b5-1 | Tejada JenniferChief Executive Officer | SellCommon Stock | 1.6K | $20.00 | $31.4K | 868.3K |