Revenue
2018
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $326.7M | $202.7M | $144.0M | $283.6M | $218.8M | $116.2M | $84.1M | $85.2M |
| Gross profit | $175.0M | $104.5M | $82.1M | $183.0M | $139.5M | $57.9M | $39.6M | $36.2M |
| Gross margin | 53.57% | 51.55% | 57.01% | 64.51% | 63.74% | 49.87% | 47.05% | 42.49% |
| Research & development | $118.9M | $106.9M | $97.6M | $90.3M | $52.1M | $31.7M | $23.8M | $22.8M |
| Operating expenses | $242.0M | $219.7M | $189.3M | $166.8M | $106.6M | $66.5M | $44.4M | $44.0M |
| Operating income | −$67.0M | −$115.2M | −$107.2M | $16.1M | $32.8M | −$8.6M | −$4.9M | −$7.8M |
| Operating margin | −20.50% | −56.85% | −74.45% | 5.69% | 15.01% | −7.42% | −5.80% | −9.14% |
| EBITDA | −$26.8M | −$85.2M | −$91.1M | $28.0M | $40.8M | −$2.2M | $3.4M | −$377,000 |
| EBITDA margin | −8.20% | −42.02% | −63.25% | 9.87% | 18.63% | −1.90% | 4.04% | −0.44% |
| Net income | −$42.9M | −$93.6M | −$80.5M | $23.3M | $32.3M | −$9.4M | −$6.6M | −$9.3M |
| Net profit margin | −13.13% | −46.18% | −55.93% | 8.20% | 14.75% | −8.07% | −7.86% | −10.96% |
| Basic EPSper basic share | -$1.72 | -$4.05 | -$3.63 | $1.09 | $1.70 | -$0.58 | -$0.63 | -$0.93 |
| Diluted EPSper diluted share | -$1.72 | -$4.05 | -$3.63 | $1.03 | $1.53 | -$0.58 | -$0.63 | -$0.93 |
Reported shareholders
| Holder | % owned |
|---|---|
FMR LLC | 14.97%3.97M shares |
MEGACHIPS CORP /FI | ≈11.39%3.02M shares |
BlackRock, Inc. | 9.02%2.39M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 4.57%1.21M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 3.80%1.01M shares |
STATE STREET CORP | 3.04%804.71K shares |
T. Rowe Price Investment Management, Inc. | 2.45%650.58K shares |
Whale Rock Capital Management LLC | 2.11%560.7K shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.05%544.35K shares |
Artisan Partners Limited Partnership | 1.83%485.12K shares |
FRANKLIN RESOURCES INC | 1.59%422.6K shares |
JANE STREET GROUP, LLC | 1.55%412.17K shares |
JPMORGAN CHASE & CO | 1.34%355.91K shares |
Invesco Ltd. | 1.30%344.37K shares |
ALLIANCEBERNSTEIN L.P. | 1.26%335.06K shares |
PRICE T ROWE ASSOCIATES INC /MD/ | 1.22%322.57K shares |
GOLDMAN SACHS GROUP INC | 1.17%309.8K shares |
AMERIPRISE FINANCIAL INC | 0.98%259.45K shares |
GILDER GAGNON HOWE & CO LLC | 0.91%240.53K shares |
WELLINGTON MANAGEMENT GROUP LLP | 0.89%236.08K shares |
Percentages use 26.51M shares of this listed class outstanding on Jun 30, 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 | Bonnot LionelSee Remarks | SellCommon Stock | 500 | $736.02 | $368.0K | 72.8K |
| Jun 15, 2026Form 4 · 10b5-1 | VASHIST RAJESHChief Executive Officer | SellCommon Stock · indirect | 5.0K | $750.00 | $3.75M | 9.8K |
| Jun 15, 2026Form 4 · 10b5-1 | VASHIST RAJESHChief Executive Officer | SellCommon Stock | 15.0K | $750.20 | $11.25M | 387.9K |
| Jun 12, 2026Form 4 · 10b5-1 | Chitkara RamanDirector | SellCommon Stock | 2.0K | $727.38 | $1.45M | 19.9K |
| Jun 12, 2026Form 4 | Pangrazio Vincent PSee Remarks | SellCommon Stock | 2.0K | $725.32 | $1.45M | 53.4K |