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 | $859.8M | $844.0M | $777.7M | $685.1M | $535.4M | $411.5M | $326.9M | $244.1M | $200.9M | $157.4M | $110.5M | $76.9M | $60.0M |
| Gross profit | $604.8M | $593.0M | $545.7M | $470.7M | $366.5M | $290.0M | $235.8M | $173.0M | $144.0M | $117.7M | $81.3M | $58.4M | $47.2M |
| Gross margin | 70.34% | 70.26% | 70.16% | 68.71% | 68.44% | 70.47% | 72.12% | 70.88% | 71.68% | 74.77% | 73.54% | 75.97% | 78.55% |
| Research & development | $190.7M | $173.1M | $177.9M | $190.0M | $160.8M | $108.6M | $79.4M | $67.7M | $50.9M | $48.0M | $38.7M | $25.6M | $21.4M |
| Operating expenses | $593.2M | $557.9M | $629.9M | $582.3M | $486.5M | $364.1M | $281.8M | $226.0M | $192.8M | $166.8M | $127.8M | $87.5M | $65.8M |
| Operating income | $11.6M | $35.0M | −$84.3M | −$111.6M | −$120.1M | −$74.1M | −$46.0M | −$53.0M | −$48.8M | −$49.0M | −$46.6M | −$29.1M | −$18.6M |
| Operating margin | 1.35% | 4.15% | −10.84% | −16.29% | −22.43% | −18.01% | −14.07% | −21.73% | −24.28% | −31.15% | −42.13% | −37.90% | −31.02% |
| EBITDA | $57.0M | $79.9M | −$38.3M | −$70.6M | −$86.6M | −$51.5M | −$29.5M | −$41.9M | −$41.2M | −$42.3M | −$41.2M | −$25.0M | −$16.0M |
| EBITDA margin | 6.63% | 9.47% | −4.93% | −10.30% | −16.17% | −12.51% | −9.01% | −17.18% | −20.49% | −26.88% | −37.28% | −32.52% | −26.64% |
| Net income | $23.4M | $25.5M | −$152.8M | −$124.7M | −$146.3M | −$98.8M | −$53.8M | −$55.5M | −$45.5M | −$49.0M | −$49.9M | −$32.6M | −$18.9M |
| Net profit margin | 2.72% | 3.02% | −19.65% | −18.20% | −27.33% | −24.02% | −16.47% | −22.76% | −22.63% | −31.12% | −45.11% | −42.44% | −31.44% |
| Basic EPSper basic share | $0.36 | $0.41 | -$2.52 | -$2.13 | -$2.65 | -$1.94 | -$1.10 | -$1.20 | -$1.06 | -$1.19 | -$4.00 | -$6.65 | -$4.18 |
| Diluted EPSper diluted share | $0.36 | $0.40 | -$2.52 | -$2.13 | -$2.65 | -$1.94 | -$1.10 | -$1.20 | -$1.06 | -$1.19 | -$4.00 | -$6.65 | -$4.18 |
Reported shareholders
| Holder | % owned |
|---|---|
BlackRock, Inc. | 13.39%9.01M shares |
JANA Partners Management, LP | 10.03%6.75M shares |
UBS Group AG | 6.03%4.06M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 5.97%4.02M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 4.10%2.76M shares |
TWO SIGMA INVESTMENTS, LP | 4.04%2.72M shares |
STATE STREET CORP | 3.74%2.52M shares |
ACADIAN ASSET MANAGEMENT LLC | 3.52%2.37M shares |
AQR CAPITAL MANAGEMENT LLC | 2.83%1.91M shares |
GOLDMAN SACHS GROUP INC | 2.51%1.69M shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.43%1.64M shares |
D. E. Shaw & Co., Inc. | 2.22%1.49M shares |
CITADEL ADVISORS LLC | 2.21%1.49M shares |
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 1.95%1.31M shares |
JACOBS LEVY EQUITY MANAGEMENT, INC | 1.77%1.19M shares |
MORGAN STANLEY | 1.66%1.12M shares |
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 1.52%1.02M shares |
LSV ASSET MANAGEMENT | 1.41%946.3K shares |
Point72 Asset Management, L.P. | 1.39%934.66K shares |
CANADA LIFE ASSURANCE Co | 1.35%908.99K shares |
Percentages use 67.32M 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 |
|---|---|---|---|---|---|---|
| Apr 22, 2026Form 4 · 10b5-1 | Murphy Scott MChief Accounting Officer | SellCOMMON STOCK | 827 | $6.35 | $5.3K | 40.2K |
| Feb 23, 2026Form 4 · 10b5-1 | Murphy Scott MChief Accounting Officer | SellCOMMON STOCK | 1.3K | $6.51 | $8.2K | 21.4K |
| Jan 22, 2026Form 4 · 10b5-1 | Murphy Scott MChief Accounting Officer | SellCOMMON STOCK | 764 | $12.70 | $9.7K | 23.3K |
| Nov 28, 2025Form 4 | JANA Partners Management, LPDirector,TenPercentOwner,Other | BuyCommon Stock, par value $0.01 per share · indirect | 41.5K | $15.71 | $652.7K | 6.76M |
| Nov 26, 2025Form 4 | Schodorf Thomas EDirector | BuyCOMMON STOCK | 6.3K | $15.70 | $98.9K | 34.4K |