Revenue
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.32B | $1.18B | $1.07B | $936.8M | $587.0M | $406.6M | $688.8M | $572.9M | $429.9M | $378.2M | $330.5M | $279.8M | $211.0M |
| Gross profit | $1.09B | $984.5M | $881.3M | $759.6M | $486.0M | $335.7M | $494.4M | $410.3M | $300.7M | $255.9M | $217.0M | $179.5M | $129.7M |
| Gross margin | 82.61% | 83.32% | 82.26% | 81.08% | 82.80% | 82.55% | 71.77% | 71.61% | 69.93% | 67.66% | 65.66% | 64.15% | 61.45% |
| Operating expenses | $929.5M | $857.5M | $798.5M | $706.7M | $443.6M | $346.9M | $455.7M | $388.9M | $282.4M | $262.6M | $258.4M | $218.2M | $175.0M |
| Operating income | $394.7M | $324.2M | $272.9M | $230.1M | $143.4M | $59.8M | $233.1M | $184.0M | $147.5M | $115.7M | $72.1M | $61.5M | $36.0M |
| Operating margin | 29.81% | 27.44% | 25.47% | 24.56% | 24.43% | 14.70% | 33.84% | 32.13% | 34.32% | 30.58% | 21.81% | 22.00% | 17.08% |
| EBITDA | $550.5M | $484.5M | $422.3M | $354.1M | $206.2M | $113.6M | $277.4M | $219.3M | $179.3M | $147.2M | $104.3M | $93.9M | $64.8M |
| EBITDA margin | 41.57% | 41.01% | 39.42% | 37.80% | 35.13% | 27.94% | 40.28% | 38.28% | 41.70% | 38.91% | 31.54% | 33.56% | 30.73% |
| Net income | $219.1M | $172.0M | $138.3M | $99.4M | $42.8M | −$15.0M | $117.7M | $88.0M | $33.1M | $21.5M | $18.5M | $36.8M | $25.4M |
| Net profit margin | 16.55% | 14.56% | 12.91% | 10.61% | 7.29% | −3.69% | 17.09% | 15.36% | 7.71% | 5.68% | 5.60% | 13.16% | 12.06% |
| Basic EPSper basic share | $2.62 | $2.01 | $1.63 | $1.18 | — | — | — | — | — | — | — | — | — |
| Diluted EPSper diluted share | $2.62 | $2.00 | $1.62 | $1.18 | — | — | — | — | — | — | — | — | — |
Reported shareholders
| Holder | % owned |
|---|---|
BlackRock, Inc. | 11.10%8.35M shares |
T. Rowe Price Investment Management, Inc. | 11.08%8.33M shares |
SRS Investment Management, LLC | 6.54%4.92M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 4.88%3.67M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 4.76%3.58M shares |
Dorsal Capital Management, LP | 3.69%2.78M shares |
AQR CAPITAL MANAGEMENT LLC | 3.51%2.64M shares |
STATE STREET CORP | 3.32%2.5M shares |
D. E. Shaw & Co., Inc. | 3.26%2.45M shares |
STEADFAST CAPITAL MANAGEMENT LP | 2.77%2.08M shares |
Corvex Management LP | 2.52%1.89M shares |
MILLENNIUM MANAGEMENT LLC | 2.39%1.8M shares |
Assenagon Asset Management S.A. | 2.26%1.7M shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.17%1.63M shares |
CADIAN CAPITAL MANAGEMENT, LP | 2.13%1.6M shares |
FMR LLC | 1.87%1.41M shares |
Gotham Asset Management, LLC | 1.75%1.32M shares |
JPMORGAN CHASE & CO | 1.68%1.26M shares |
Van Berkom & Associates Inc. | 1.68%1.26M shares |
DIMENSIONAL FUND ADVISORS LP | 1.59%1.19M shares |
Percentages use 75.2M 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 |
|---|---|---|---|---|---|---|
| May 12, 2026Form 4 | Keating ColleenChief Executive Officer | BuyClass A common stock | 5.0K | $49.54 | $247.7K | 141.5K |
| May 8, 2026Form 4 | RATHKE FRANCES GDirector | BuyClass A common stock · indirect | 5.0K | $46.21 | $231.1K | 5.0K |
| Jun 11, 2025Form 4 | Keating ColleenChief Executive Officer | SellClass A common stock | 14.9K | $102.57 | $1.53M | 105.3K |
| Jun 11, 2025Form 4 | Keating ColleenChief Executive Officer | SellClass A common stock | 8.7K | $102.11 | $892.2K | 120.3K |
| Mar 10, 2025Form 4 | DUNAWAY CAMBRIA WDirector | SellClass A Common Stock | 3.0K | $92.11 | $276.3K | 17.2K |