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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $719.0M | $661.8M | $607.5M | $667.2M | $579.8M | $520.4M | $392.8M | $408.9M | $302.2M | $215.0M | $147.5M | $92.7M | $12.0M | $1.5M | $803,000 | $106,000 |
| Gross profit | $644.4M | $583.9M | $523.7M | $580.0M | $504.7M | $467.9M | $376.1M | $393.5M | $287.0M | $203.0M | $139.0M | $86.9M | $10.9M | — | — | — |
| Gross margin | 89.63% | 88.23% | 86.21% | 86.93% | 87.05% | 89.92% | 95.76% | 96.24% | 94.97% | 94.43% | 94.29% | 93.79% | 90.81% | — | — | — |
| Research & development | $106.2M | $108.8M | $91.6M | $74.6M | $90.5M | $76.0M | $69.1M | $89.2M | $49.6M | $42.8M | $29.1M | $19.6M | $17.2M | $23.5M | $30.6M | $35.1M |
| Operating expenses | $781.2M | $580.2M | $612.8M | $621.1M | $493.7M | $346.7M | $244.2M | $264.5M | $202.7M | $160.8M | $126.6M | $98.0M | $73.9M | $43.6M | $38.6M | $40.2M |
| Operating income | −$62.3M | $81.7M | −$5.3M | $46.1M | $86.0M | $173.7M | $148.6M | $144.4M | $99.5M | $54.2M | $20.8M | −$5.3M | −$61.9M | −$42.2M | −$37.8M | −$40.1M |
| Operating margin | −8.66% | 12.34% | −0.87% | 6.91% | 14.84% | 33.38% | 37.83% | 35.33% | 32.93% | 25.22% | 14.13% | −5.69% | −515.18% | −2,849.26% | −4,701.37% | −37,851.89% |
| EBITDA | $29.3M | $162.1M | $79.6M | $131.7M | $118.6M | $191.8M | $155.2M | $151.5M | $107.7M | $56.6M | $21.8M | −$4.3M | −$61.2M | −$41.3M | −$36.9M | −$38.9M |
| EBITDA margin | 4.07% | 24.49% | 13.10% | 19.73% | 20.46% | 36.86% | 39.52% | 37.05% | 35.63% | 26.33% | 14.76% | −4.69% | −509.01% | −2,790.41% | −4,591.91% | −36,731.13% |
| Net income | −$38.5M | $73.9M | $1.3M | $60.7M | $53.4M | $127.0M | $113.1M | $111.0M | $57.3M | $91.2M | $13.9M | −$10.9M | −$92.3M | −$46.3M | $53.8M | −$38.5M |
| Net profit margin | −5.36% | 11.16% | 0.22% | 9.10% | 9.21% | 24.39% | 28.79% | 27.14% | 18.95% | 42.43% | 9.46% | −11.79% | −767.73% | −3,127.30% | 6,701.74% | −36,285.85% |
| Basic EPSper basic share | -$0.68 | $1.34 | $0.02 | $1.13 | $1.01 | $2.41 | $2.16 | $2.13 | $1.13 | $1.84 | $0.29 | -$0.26 | -$2.90 | -$2.72 | $31.39 | -$26.38 |
| Diluted EPSper diluted share | -$0.68 | $1.32 | $0.02 | $1.04 | $0.98 | $2.36 | $2.10 | $2.05 | $1.08 | $1.76 | $0.28 | -$0.26 | -$2.90 | -$2.72 | $31.39 | -$26.38 |
Reported shareholders
| Holder | % owned |
|---|---|
BlackRock, Inc. | 16.08%9.35M shares |
MILLENNIUM MANAGEMENT LLC | 6.62%3.85M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 5.68%3.31M shares |
Khattar Jack A. | ≈5.43%3.16M shares |
ARMISTICE CAPITAL, LLC | 4.55%2.65M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 4.33%2.52M shares |
STATE STREET CORP | 4.23%2.46M shares |
NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | 4.09%2.38M shares |
DIMENSIONAL FUND ADVISORS LP | 3.57%2.08M shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.70%1.57M shares |
Stephens Investment Management Group LLC | 2.55%1.49M shares |
RENAISSANCE TECHNOLOGIES LLC | 2.54%1.48M shares |
LOOMIS SAYLES & CO L P | 2.54%1.48M shares |
CITADEL ADVISORS LLC | 2.36%1.37M shares |
TWO SIGMA INVESTMENTS, LP | 2.04%1.18M shares |
GW&K Investment Management, LLC | 1.78%1.04M shares |
Sofinnova Investments, Inc. | 1.78%1.04M shares |
Qube Research & Technologies Ltd | 1.59%922.17K shares |
MORGAN STANLEY | 1.51%876.84K shares |
GOLDMAN SACHS GROUP INC | 1.41%819.43K shares |
Percentages use 58.16M 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 18, 2026Form 4 · 10b5-1 | Bhatt Padmanabh P.Sr. VP of IP, CSO | SellCommon Stock | 412 | $50.48 | $20.8K | 17.0K |
| Mar 18, 2026Form 4 · 10b5-1 | Bhatt Padmanabh P.Sr. VP of IP, CSO | SellCommon Stock | 6.8K | $49.55 | $338.8K | 17.5K |
| Mar 17, 2026Form 4 · 10b5-1 | Bhatt Padmanabh P.Sr. VP of IP, CSO | SellCommon Stock | 22.3K | $50.73 | $1.13M | 17.0K |
| Mar 17, 2026Form 4 · 10b5-1 | Bhatt Padmanabh P.Sr. VP of IP, CSO | SellCommon Stock | 27.7K | $49.95 | $1.38M | 39.3K |
| Mar 16, 2026Form 4 · 10b5-1 | Bhatt Padmanabh P.Sr. VP of IP, CSO | SellCommon Stock | 15.9K | $50.49 | $802.1K | 17.0K |