Revenue
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $310.8M | $260.0M | $258.5M | $288.4M | $251.8M | $186.0M | $163.8M |
| Gross profit | $246.8M | $207.1M | $198.5M | $192.3M | $178.1M | $128.1M | $112.5M |
| Gross margin | 79.39% | 79.65% | 76.78% | 66.70% | 70.75% | 68.89% | 68.68% |
| Research & development | $32.1M | $31.3M | $32.6M | $37.6M | $28.7M | $20.7M | $19.0M |
| Operating expenses | $268.5M | $247.7M | $251.5M | $281.8M | $240.5M | $174.7M | $149.3M |
| Operating income | −$21.7M | −$40.6M | −$53.0M | −$89.5M | −$62.4M | −$46.6M | −$36.8M |
| Operating margin | −7.00% | −15.62% | −20.50% | −31.03% | −24.78% | −25.05% | −22.47% |
| EBITDA | −$8.8M | −$23.3M | −$38.8M | −$75.5M | −$53.2M | −$41.0M | −$32.5M |
| EBITDA margin | −2.84% | −8.96% | −15.00% | −26.16% | −21.14% | −22.05% | −19.86% |
| Net income | −$20.2M | −$77.0M | −$71.2M | −$92.3M | −$63.2M | −$47.9M | −$38.2M |
| Net profit margin | −6.50% | −29.61% | −27.56% | −32.00% | −25.09% | −25.74% | −23.32% |
| Basic EPSper basic share | -$0.17 | -$0.69 | -$0.68 | -$0.92 | -$0.82 | -$4.14 | -$3.72 |
| Diluted EPSper diluted share | -$0.17 | -$0.69 | -$0.68 | -$0.92 | -$0.82 | -$4.14 | -$3.72 |
Reported shareholders
| Holder | % owned |
|---|---|
BlackRock, Inc. | 9.88%10.97M shares |
NEEDHAM INVESTMENT MANAGEMENT LLC | 9.17%10.18M shares |
Capital World Investors | 8.06%8.94M shares |
AQR CAPITAL MANAGEMENT LLC | 4.64%5.15M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 4.03%4.48M shares |
GILDER GAGNON HOWE & CO LLC | 3.74%4.15M shares |
Divisadero Street Capital Management, LP | 3.27%3.63M shares |
MARSHALL WACE, LLP | 3.16%3.51M shares |
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 3.02%3.36M shares |
STATE STREET CORP | 2.90%3.22M shares |
GOLDMAN SACHS GROUP INC | 2.76%3.06M shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.42%2.69M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 2.05%2.27M shares |
TWO SIGMA INVESTMENTS, LP | 2.05%2.27M shares |
BLAIR WILLIAM & CO/IL | 1.98%2.2M shares |
FMR LLC | 1.92%2.13M shares |
CI INVESTMENTS INC. | 1.83%2.03M shares |
Nuveen, LLC | 1.68%1.87M shares |
D. E. Shaw & Co., Inc. | 1.63%1.81M shares |
ACADIAN ASSET MANAGEMENT LLC | 1.56%1.73M shares |
Percentages use 110.97M 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 |
|---|---|---|---|---|---|---|
| Jun 2, 2026Form 4 | Homer ChristopherChief Operating Officer | SellClass A Common Stock | 14.4K | $4.43 | $64.0K | 1.34M |
| Jun 2, 2026Form 4 | Homer ChristopherChief Operating Officer | SellClass A Common Stock | 19.9K | $4.43 | $88.2K | 1.32M |
| Jun 2, 2026Form 4 | Homer ChristopherChief Operating Officer | SellClass A Common Stock | 27.2K | $4.43 | $120.6K | 1.30M |
| Jun 2, 2026Form 4 | Reinhart James G.Chief Executive Officer | SellClass A Common Stock | 27.7K | $4.43 | $122.6K | 1.53M |
| Jun 2, 2026Form 4 | Reinhart James G.Chief Executive Officer | SellClass A Common Stock | 59.1K | $4.43 | $261.7K | 1.51M |