Revenue
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $449.0M | $474.0M | $645.7M | $904.6M | $741.1M | $418.1M | $429.6M |
| Gross profit | $400.7M | $423.9M | $581.4M | $818.4M | $661.5M | $364.0M | $374.8M |
| Gross margin | 89.25% | 89.42% | 90.04% | 90.46% | 89.26% | 87.05% | 87.25% |
| Research & development | $124.6M | $134.8M | $141.8M | $127.7M | $110.5M | $69.4M | $65.4M |
| Operating expenses | $420.0M | $422.6M | $502.0M | $721.1M | $669.9M | $299.5M | $381.1M |
| Operating income | −$19.4M | $1.3M | $79.4M | $97.2M | −$8.4M | $64.4M | −$6.3M |
| Operating margin | −4.31% | 0.27% | 12.30% | 10.75% | −1.13% | 15.41% | −1.47% |
| EBITDA | −$6.9M | $13.6M | $91.1M | $107.9M | $1.1M | $74.4M | $2.6M |
| EBITDA margin | −1.54% | 2.86% | 14.10% | 11.93% | 0.14% | 17.79% | 0.61% |
| Net income | −$33.0M | −$12.9M | $49.1M | $61.5M | $3.6M | $86.0M | −$6.3M |
| Net profit margin | −7.35% | −2.71% | 7.60% | 6.80% | 0.49% | 20.58% | −1.48% |
| Basic EPSper basic share | -$0.37 | -$0.13 | $0.49 | $0.54 | $0.02 | $0.79 | -$0.13 |
| Diluted EPSper diluted share | -$0.37 | -$0.13 | $0.46 | $0.51 | $0.02 | $0.70 | -$0.13 |
Reported shareholders
| Holder | % owned |
|---|---|
BlackRock, Inc. | 12.68%8.78M shares |
EDMOND DE ROTHSCHILD HOLDING S.A. | 8.10%5.61M shares |
DISCIPLINED GROWTH INVESTORS INC /MN | 5.91%4.09M shares |
AQR CAPITAL MANAGEMENT LLC | 5.78%4M shares |
ACADIAN ASSET MANAGEMENT LLC | 4.19%2.9M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 4.04%2.79M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 3.53%2.44M shares |
MARSHALL WACE, LLP | 2.93%2.03M shares |
RENAISSANCE TECHNOLOGIES LLC | 2.76%1.91M shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.38%1.64M shares |
STATE STREET CORP | 2.17%1.5M shares |
JACOBS LEVY EQUITY MANAGEMENT, INC | 1.86%1.29M shares |
TRAVERS DAVID | ≈1.80%1.25M shares |
INSTITUTIONAL VENTURE MANAGEMENT XV, LLC | 1.75%1.21M shares |
GOLDMAN SACHS GROUP INC | 1.40%969.14K shares |
MORGAN STANLEY | 1.39%964.98K shares |
D. E. Shaw & Co., Inc. | 1.10%760.78K shares |
VOYA INVESTMENT MANAGEMENT LLC | 1.09%756.88K shares |
TWO SIGMA INVESTMENTS, LP | 0.97%674.08K shares |
UBS Group AG | 0.91%628.16K shares |
Percentages use 69.2M 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 25, 2026Form 4 · 10b5-1 | SAKAMOTO RYAN T.EVP, Chief Legal Officer | SellClass A Common Stock | 3.0K | $3.86 | $11.5K | 125.6K |
| Jun 23, 2026Form 4 · 10b5-1 | SIEGEL IAN H.CHIEF EXECUTIVE OFFICER | SellClass A Common Stock | 9.7K | $3.12 | $30.3K | 89.0K |
| Jun 22, 2026Form 4 · 10b5-1 | SIEGEL IAN H.CHIEF EXECUTIVE OFFICER | SellClass A Common Stock | 9.7K | $3.01 | $29.3K | 98.7K |
| Jun 18, 2026Form 4 · 10b5-1 | TRAVERS DAVIDPresident and interim CFO | SellClass A Common Stock | 24.7K | $2.99 | $73.9K | 1.25M |
| Jun 18, 2026Form 4 · 10b5-1 | SIEGEL IAN H.CHIEF EXECUTIVE OFFICER | SellClass A Common Stock | 35.0K | $3.00 | $104.9K | 108.4K |