Revenue
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $446.6M | $421.0M | $404.3M | $400.9M | $390.6M | $354.7M | $298.8M | $228.3M | $170.2M | $124.3M | $89.7M |
| Gross profit | $332.5M | $324.6M | $316.9M | $296.9M | $292.3M | $268.3M | $221.8M | $170.9M | $126.1M | $87.3M | $58.7M |
| Gross margin | 74.46% | 77.11% | 78.37% | 74.07% | 74.83% | 75.64% | 74.22% | 74.85% | 74.09% | 70.26% | 65.41% |
| Research & development | $89.9M | $77.2M | $72.0M | $70.9M | $68.3M | $58.1M | $49.4M | $36.1M | $25.7M | $19.3M | $16.2M |
| Operating expenses | $288.0M | $357.0M | $323.1M | $361.7M | $382.2M | $362.6M | $344.8M | $246.5M | $192.7M | $130.0M | $84.8M |
| Operating income | $44.5M | −$32.4M | −$6.2M | −$64.8M | −$90.0M | −$94.3M | −$123.0M | −$75.6M | −$66.6M | −$42.7M | −$26.1M |
| Operating margin | 9.98% | −7.71% | −1.53% | −16.17% | −23.03% | −26.60% | −41.14% | −33.14% | −39.15% | −34.36% | −29.13% |
| EBITDA | $71.5M | −$13.9M | $9.7M | −$47.1M | −$73.2M | −$83.7M | −$114.9M | −$68.8M | −$61.5M | −$38.7M | −$22.0M |
| EBITDA margin | 16.02% | −3.31% | 2.40% | −11.76% | −18.73% | −23.61% | −38.43% | −30.16% | −36.16% | −31.14% | −24.56% |
| Net income | $37.9M | −$27.9M | −$2.6M | −$65.9M | −$93.3M | −$94.7M | −$121.5M | −$74.8M | −$66.6M | −$43.1M | −$26.5M |
| Net profit margin | 8.48% | −6.64% | −0.65% | −16.45% | −23.88% | −26.70% | −40.67% | −32.78% | −39.11% | −34.73% | −29.53% |
| Basic EPSper basic share | $0.31 | -$0.22 | -$0.02 | -$0.53 | -$0.73 | -$0.79 | -$1.09 | -$0.76 | -$0.85 | -$1.39 | -$0.89 |
| Diluted EPSper diluted share | $0.07 | -$0.22 | -$0.02 | -$0.53 | -$0.73 | -$0.79 | -$1.09 | -$0.76 | -$0.85 | -$1.39 | -$0.89 |
Reported shareholders
| Holder | % owned |
|---|---|
Lynrock Lake LP | ≈18.97%19.02M shares |
Lead Edge Capital Management, LLC | ≈7.82%7.84M shares |
BlackRock, Inc. | ≈7.38%7.4M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | ≈4.60%4.61M shares |
Walrath Michael | ≈4.02%4.03M shares |
VANGUARD CAPITAL MANAGEMENT LLC | ≈3.71%3.72M shares |
STATE STREET CORP | ≈2.86%2.86M shares |
ACADIAN ASSET MANAGEMENT LLC | ≈2.57%2.58M shares |
GEODE CAPITAL MANAGEMENT, LLC | ≈2.21%2.22M shares |
FMR LLC | ≈2.06%2.07M shares |
DIMENSIONAL FUND ADVISORS LP | ≈2.04%2.04M shares |
SHEEHAN ANDREW T | ≈1.95%1.95M shares |
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | ≈1.45%1.45M shares |
GOLDMAN SACHS GROUP INC | ≈1.42%1.43M shares |
Pathstone Holdings, LLC | ≈0.84%841.1K shares |
NORTHERN TRUST CORP | ≈0.78%779.69K shares |
CITADEL ADVISORS LLC | ≈0.76%758.58K shares |
Bond Darryl | ≈0.75%755.53K shares |
BANK OF AMERICA CORP /DE/ | ≈0.72%719.23K shares |
CHARLES SCHWAB INVESTMENT MANAGEMENT INC | ≈0.60%600.86K shares |
Percentages use 100.25M shares of this listed class outstanding on May 19, 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 11, 2026Form 4 | Waugh Seth H.Director | BuyCommon Stock | 133.0K | $3.75 | $498.8K | 319.4K |
| Apr 15, 2026Form 4 | Tang AllanChief Accounting Officer | SellCommon Stock | 10.0K | $3.62 | $36.2K | 7.8K |
| Mar 23, 2026Form 4 | Lead Edge Public Fund, LP +9TenPercentOwner | SellCommon Stock · indirect | 1.82M | $5.75 | $10.49M | 2.89M |
| Mar 23, 2026Form 4 | Lead Edge Public Fund, LP +9TenPercentOwner | SellCommon Stock · indirect | 1.54M | $5.75 | $8.83M | 2.43M |
| Mar 23, 2026Form 4 | Lead Edge Public Fund, LP +9TenPercentOwner | SellCommon Stock · indirect | 1.59M | $5.75 | $9.14M | 2.52M |