Revenue
2010
2011
2012
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 | 2012 | 2011 | 2010 | 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.86B | $1.79B | $1.14B | $843.8M | $612.4M | $455.9M | $380.8M | $301.0M | $154.6M | $5.4M | $1.3M | $9.8M | $14.2M | $37.3M | $47.0M | $29.4M | — |
| Gross profit | $1.84B | $1.58B | $1.09B | $793.0M | — | — | — | — | — | $5.3M | — | — | — | — | — | — | — |
| Gross margin | 98.63% | 88.53% | 95.47% | 93.99% | — | — | — | — | — | 97.60% | — | — | — | — | — | — | — |
| Research & development | $1.52B | $804.5M | $877.4M | $877.1M | $771.2M | $722.3M | $560.9M | $401.8M | $166.7M | $188.3M | $146.4M | $94.2M | $72.9M | $52.4M | $66.9M | $36.0M | $24.4M |
| Operating expenses | $2.54B | $1.36B | $1.36B | $1.33B | — | — | $1.09B | $644.7M | $326.2M | $272.2M | $221.4M | $143.5M | $104.5M | $67.0M | — | — | — |
| Operating income | −$699.8M | $218.1M | −$267.8M | −$536.2M | −$459.7M | −$564.2M | −$705.6M | −$343.6M | −$171.6M | −$266.7M | −$220.2M | −$133.8M | −$90.3M | −$29.7M | −$35.9M | −$20.9M | −$15.5M |
| Operating margin | −37.54% | 12.20% | −23.39% | −63.55% | −75.07% | −123.76% | −185.27% | −114.15% | −111.03% | −4,920.31% | −17,572.55% | −1,371.21% | −634.95% | −79.57% | −76.46% | −71.16% | — |
| EBITDA | −$655.3M | $255.8M | −$223.4M | −$494.3M | −$421.7M | −$537.3M | −$681.1M | −$331.4M | −$163.5M | −$261.1M | −$214.9M | −$130.1M | −$89.0M | −$28.2M | −$34.6M | −$19.5M | −$14.1M |
| EBITDA margin | −35.15% | 14.31% | −19.52% | −58.59% | −68.86% | −117.85% | −178.84% | −110.08% | −105.80% | −4,816.81% | −17,153.79% | −1,333.39% | −625.97% | −75.49% | −73.69% | −66.18% | — |
| Net income | −$713.4M | $235.2M | −$536.0M | −$703.5M | −$418.8M | −$554.1M | −$715.1M | −$361.9M | −$50.7M | −$267.3M | −$220.0M | −$135.8M | −$112.0M | −$121.3M | −$2.3M | −$32.2M | −$25.2M |
| Net profit margin | −38.27% | 13.16% | −46.82% | −83.37% | −68.38% | −121.56% | −187.77% | −120.22% | −32.79% | −4,930.18% | −17,560.26% | −1,391.71% | −787.57% | −324.91% | −4.93% | −109.37% | — |
| Basic EPSper basic share | -$7.13 | $2.47 | -$5.80 | -$8.03 | -$5.15 | -$7.11 | -$9.71 | -$5.46 | -$0.86 | -$5.49 | -$5.20 | -$3.39 | -$3.31 | -$5.14 | -$0.12 | -$1.74 | -$1.62 |
| Diluted EPSper diluted share | -$7.13 | $2.34 | -$5.80 | -$8.03 | -$5.15 | -$7.11 | -$9.71 | -$5.46 | -$0.86 | -$5.49 | -$5.20 | -$3.39 | -$3.31 | -$5.14 | -$0.12 | -$1.74 | -$1.62 |
Reported shareholders
| Holder | % owned |
|---|---|
BlackRock, Inc. | 17.98%18.99M shares |
STATE STREET CORP | 8.44%8.92M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 7.93%8.38M shares |
TWO SIGMA INVESTMENTS, LP | 4.35%4.6M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 4.35%4.59M shares |
FIRST TRUST ADVISORS LP | 4.13%4.37M shares |
AQR CAPITAL MANAGEMENT LLC | 4.10%4.33M shares |
Barry Richard | ≈3.06%3.23M shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.62%2.77M shares |
Erste Asset Management GmbH | 2.43%2.57M shares |
MARSHALL WACE, LLP | 2.09%2.21M shares |
MORGAN STANLEY | 2.09%2.2M shares |
Aberdeen Group plc | 2.08%2.19M shares |
BANK OF AMERICA CORP /DE/ | 1.95%2.06M shares |
GOLDMAN SACHS GROUP INC | 1.93%2.04M shares |
UBS Group AG | 1.54%1.62M shares |
FEDERATED HERMES, INC. | 1.51%1.59M shares |
NORTHERN TRUST CORP | 1.15%1.21M shares |
MILLENNIUM MANAGEMENT LLC | 1.13%1.19M shares |
T. Rowe Price Investment Management, Inc. | 1.09%1.16M shares |
Percentages use 105.62M 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 |
|---|---|---|---|---|---|---|
| Mar 12, 2026Form 4 | Mayo StephenDirector | SellCommon Stock | 7.2K | $17.02 | $123.2K | 1.8K |
| Dec 16, 2025Form 4 | Estepan Ian MichaelChief Operating Officer | SellCommon Stock | 13.2K | $22.31 | $294.2K | 193.3K |
| Mar 12, 2025Form 4 | Nicaise ClaudeDirector | SellCommon Stock | 2.5K | $99.64 | $248.2K | 27.8K |
| Dec 12, 2024Form 4 | Wigzell Hans Lennart RudolfDirector | SellCommon Stock | 10.5K | $124.84 | $1.31M | 22.8K |
| Dec 5, 2024Form 4 | Boor Kathryn JeanDirector | SellCommon Stock | 1.6K | $125.55 | $205.4K | 5.9K |
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