Revenue
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $282.9M | $291.3M | $267.0M | $256.4M | $226.9M | $148.7M | $113.9M |
| Gross profit | $179.8M | $190.2M | $167.8M | $174.9M | $168.6M | $107.6M | $77.8M |
| Gross margin | 63.56% | 65.31% | 62.84% | 68.21% | 74.30% | 72.31% | 68.29% |
| Research & development | $33.8M | $33.3M | $26.7M | $20.8M | $15.9M | $12.3M | $12.5M |
| Operating expenses | $197.1M | $186.3M | $165.7M | $134.3M | $109.8M | $75.8M | $69.3M |
| Operating income | −$17.3M | $3.9M | $2.0M | $40.5M | $58.8M | $31.8M | $8.5M |
| Operating margin | −6.10% | 1.35% | 0.76% | 15.80% | 25.91% | 21.35% | 7.47% |
| EBITDA | $1.7M | $28.7M | $30.5M | $64.1M | $74.5M | $47.5M | $15.4M |
| EBITDA margin | 0.62% | 9.86% | 11.44% | 25.01% | 32.83% | 31.90% | 13.53% |
| Net income | −$14.5M | $12.5M | $8.9M | $28.7M | $56.6M | $26.6M | $6.6M |
| Net profit margin | −5.11% | 4.29% | 3.33% | 11.20% | 24.95% | 17.89% | 5.83% |
| Basic EPSper basic share | -$0.31 | $0.25 | $0.17 | $0.55 | $1.13 | $0.51 | $0.04 |
| Diluted EPSper diluted share | -$0.31 | $0.23 | $0.16 | $0.50 | $1.00 | $0.46 | $0.04 |
Reported shareholders
| Holder | % owned |
|---|---|
Graham Holdings Co | 9.15%3.4M shares |
BlackRock, Inc. | 8.83%3.28M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 4.47%1.66M shares |
ACADIAN ASSET MANAGEMENT LLC | 4.24%1.57M shares |
DIMENSIONAL FUND ADVISORS LP | 4.01%1.49M shares |
RENAISSANCE TECHNOLOGIES LLC | 3.83%1.42M shares |
Whitefort Capital Management, LP | 2.99%1.11M shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.67%991.8K shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 2.55%947.55K shares |
JACOBS LEVY EQUITY MANAGEMENT, INC | 2.32%863K shares |
STATE STREET CORP | 2.30%854.15K shares |
S SQUARED TECHNOLOGY, LLC | 2.01%748.1K shares |
Simcoe Capital LLC | 1.87%693.9K shares |
HIGHBRIDGE CAPITAL MANAGEMENT LLC | 1.74%644.59K shares |
AMERICAN CENTURY COMPANIES INC | 1.73%642.08K shares |
TWO SIGMA INVESTMENTS, LP | 1.72%638.1K shares |
ROYAL BANK OF CANADA | 1.67%619.29K shares |
Nuveen, LLC | 1.25%464.19K shares |
CITADEL ADVISORS LLC | 1.12%414.88K shares |
CenterBook Partners LP | 1.11%413.98K shares |
Percentages use 37.15M 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 · 10b5-1 | Goel Rajeev K.CHIEF EXECUTIVE OFFICER | SellClass A Common Stock | 43.1K | $11.30 | $486.8K | 0 |
| Jun 8, 2026Form 4 · 10b5-1 | Goel Rajeev K.CHIEF EXECUTIVE OFFICER | SellClass A Common Stock | 44.0K | $11.33 | $498.5K | 21.2K |
| Jun 2, 2026Form 4 · 10b5-1 | Kumar MukulPRESIDENT, ENGINEERING | SellClass A Common Stock | 8.0K | $11.96 | $95.7K | 100.9K |
| May 26, 2026Form 4 · 10b5-1 | Goel Rajeev K.CHIEF EXECUTIVE OFFICER | SellClass A Common Stock | 44.0K | $10.41 | $458.0K | 21.2K |
| May 18, 2026Form 4 | Gimbel LisaCHIEF ACCOUNTING OFFICER | SellClass A Common Stock | 2.9K | $9.89 | $28.3K | 13.7K |