Revenue
2020
2021
2022
2023
2024
2025
2026
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
| Revenue | $1.00B | $821.5M | $621.2M | $422.2M | $204.8M | $93.1M | $46.5M |
| Gross profit | $742.1M | $610.4M | $441.9M | $278.0M | $123.1M | $53.7M | $28.1M |
| Gross margin | 74.12% | 74.30% | 71.14% | 65.85% | 60.12% | 57.73% | 60.56% |
| Research & development | $323.9M | $267.0M | $218.2M | $207.0M | $136.3M | $62.4M | $36.7M |
| Operating expenses | $1.06B | $939.7M | $820.3M | $680.6M | $390.4M | $169.2M | $103.1M |
| Operating income | −$321.3M | −$329.4M | −$378.4M | −$402.6M | −$267.2M | −$115.5M | −$75.0M |
| Operating margin | −32.09% | −40.09% | −60.92% | −95.36% | −130.49% | −124.14% | −161.35% |
| EBITDA | −$266.4M | −$286.6M | −$339.5M | −$372.9M | −$259.3M | −$112.7M | −$73.1M |
| EBITDA margin | −26.60% | −34.89% | −54.66% | −88.32% | −126.62% | −121.09% | −157.35% |
| Net income | −$450.7M | −$288.4M | −$338.7M | −$378.7M | −$271.1M | −$117.6M | −$76.6M |
| Net profit margin | −45.02% | −35.11% | −54.53% | −89.70% | −132.37% | −126.35% | −164.75% |
| Basic EPSper basic share | -$1.37 | -$0.92 | -$1.15 | -$1.36 | -$1.56 | -$3.31 | -$2.34 |
| Diluted EPSper diluted share | -$1.37 | -$0.92 | -$1.15 | -$1.36 | -$1.56 | -$3.31 | -$2.34 |
Reported shareholders
| Holder | % owned |
|---|---|
AQR CAPITAL MANAGEMENT LLC | ≈6.93%23.33M shares |
BlackRock, Inc. | ≈6.85%23.08M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | ≈5.79%19.51M shares |
VANGUARD CAPITAL MANAGEMENT LLC | ≈4.33%14.6M shares |
FIRST TRUST ADVISORS LP | ≈3.25%10.95M shares |
Legal & General Group Plc | ≈2.89%9.75M shares |
REDPOINT MANAGEMENT, LLC | ≈2.59%8.73M shares |
Caprock Group, LLC | ≈2.30%7.73M shares |
STATE STREET CORP | ≈1.91%6.42M shares |
VOYA INVESTMENT MANAGEMENT LLC | ≈1.87%6.29M shares |
GEODE CAPITAL MANAGEMENT, LLC | ≈1.78%5.98M shares |
Penserra Capital Management LLC | ≈1.62%5.45M shares |
DIMENSIONAL FUND ADVISORS LP | ≈1.51%5.07M shares |
WELLINGTON MANAGEMENT GROUP LLP | ≈1.49%5.02M shares |
Anchorage Capital Group, L.L.C. | ≈1.47%4.94M shares |
Swedbank AB | ≈1.44%4.86M shares |
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | ≈1.32%4.44M shares |
NORGES BANK | ≈1.25%4.22M shares |
Point72 Asset Management, L.P. | ≈1.14%3.86M shares |
D. E. Shaw & Co., Inc. | ≈1.04%3.51M shares |
Percentages use 336.75M shares of this listed class outstanding on May 22, 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 15, 2026Form 4 · 10b5-1 | Weingarten TomerPresident, CEO | SellClass A Common Stock | 57.9K | $15.21 | $881.3K | 1.89M |
| Jun 11, 2026Form 4 · 10b5-1 | Weingarten TomerPresident, CEO | SellClass A Common Stock | 57.3K | $14.60 | $836.5K | 1.89M |
| Jun 8, 2026Form 4 | Weingarten TomerPresident, CEO | SellClass A Common Stock | 39.1K | $15.73 | $615.3K | 1.95M |
| Jun 8, 2026Form 4 | TOMASELLO ROBINChief Accounting Officer | SellClass A Common Stock | 11.9K | $15.70 | $186.9K | 445.3K |
| Jun 8, 2026Form 4 | Conder Keenan MichaelChief Legal Officer & Sec'y | SellClass A Common Stock | 8.4K | $15.70 | $131.9K | 982.7K |