Revenue
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $236.2M | $160.2M | $194.6M | $292.5M | $211.7M | $294.6M | $335.0M | $207.7M | $181.2M | $1.5M | $0 | $0 | — | — |
| Gross profit | $196.7M | $97.0M | $120.5M | $206.9M | $61.0M | −$1.8M | $189.7M | $200.0M | — | — | — | — | — | — |
| Gross margin | 83.29% | 60.56% | 61.90% | 70.74% | 28.81% | −0.62% | 56.62% | 96.26% | — | — | — | — | — | — |
| Research & development | $62.4M | $37.7M | $6.4M | $7.6M | $147.9M | $218.5M | $323.0M | $291.0M | $230.9M | $115.8M | $43.0M | $23.3M | $8.9M | $5.6M |
| Operating expenses | $173.2M | $147.5M | $166.7M | $287.7M | $325.5M | $376.0M | $476.0M | $378.1M | $257.9M | $138.0M | $61.5M | $37.9M | $15.9M | $8.5M |
| Operating income | $23.5M | −$50.5M | −$46.3M | −$80.8M | −$264.5M | −$377.8M | −$286.3M | −$178.2M | −$76.7M | −$136.5M | −$61.5M | −$37.9M | −$15.9M | −$8.5M |
| Operating margin | 9.95% | −31.51% | −23.77% | −27.62% | −124.97% | −128.23% | −85.46% | −85.76% | −42.31% | −8,889.90% | — | — | — | — |
| EBITDA | $24.8M | −$13.0M | −$8.6M | −$79.1M | −$262.6M | −$375.8M | −$284.0M | −$177.3M | −$76.1M | −$136.2M | −$61.4M | −$37.9M | −$15.9M | −$8.5M |
| EBITDA margin | 10.49% | −8.10% | −4.43% | −27.05% | −124.06% | −127.53% | −84.79% | −85.33% | −41.97% | −8,870.62% | — | — | — | — |
| Net income | −$5.3M | −$69.4M | −$51.9M | −$94.2M | −$282.0M | −$384.8M | −$279.7M | −$143.6M | −$73.7M | −$135.7M | −$60.7M | −$37.0M | −$13.2M | −$8.2M |
| Net profit margin | −2.26% | −43.33% | −26.68% | −32.22% | −133.25% | −130.61% | −83.48% | −69.12% | −40.65% | −8,843.45% | — | — | — | — |
| Basic EPSper basic share | -$0.02 | -$0.33 | -$0.28 | -$0.52 | -$1.70 | -$2.78 | -$2.36 | -$2.47 | -$1.69 | -$3.60 | -$2.29 | -$8.04 | -$126.94 | -$27.82 |
| Diluted EPSper diluted share | -$0.02 | -$0.33 | -$0.28 | -$0.52 | -$1.70 | -$2.78 | -$2.36 | -$2.47 | -$1.69 | -$3.60 | -$2.29 | -$8.04 | -$126.94 | -$27.82 |
Reported shareholders
| Holder | % owned |
|---|---|
BlackRock, Inc. | 7.35%19.99M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 4.17%11.32M shares |
AQR CAPITAL MANAGEMENT LLC | 3.37%9.15M shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.48%6.73M shares |
STATE STREET CORP | 1.98%5.39M shares |
JACOBS LEVY EQUITY MANAGEMENT, INC | 1.57%4.27M shares |
ACADIAN ASSET MANAGEMENT LLC | 1.47%4M shares |
Nantahala Capital Management, LLC | 1.47%4M shares |
GOLDMAN SACHS GROUP INC | 1.36%3.69M shares |
Butler John P. | ≈1.30%3.53M shares |
MILLENNIUM MANAGEMENT LLC | 1.18%3.2M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 0.93%2.53M shares |
TWO SIGMA INVESTMENTS, LP | 0.90%2.44M shares |
CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 0.85%2.3M shares |
NORTHERN TRUST CORP | 0.80%2.16M shares |
VANGUARD FIDUCIARY TRUST CO | 0.70%1.91M shares |
FMR LLC | 0.69%1.87M shares |
Qube Research & Technologies Ltd | 0.65%1.78M shares |
CITADEL ADVISORS LLC | 0.63%1.72M shares |
UBS Group AG | 0.51%1.37M shares |
Percentages use 271.74M 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 4, 2026Form 4 | Butler John P.CEO and President | BuyCommon Stock | 69.3K | $1.25 | $86.6K | 3.37M |
| Feb 2, 2026Form 4 · 10b5-1 | Rucci Carolyn M.SVP, Chief Legal Officer | SellCommon Stock | 27.5K | $1.39 | $38.3K | 588.4K |
| Feb 2, 2026Form 4 · 10b5-1 | Rucci Carolyn M.SVP, Chief Legal Officer | SellCommon Stock | 25.4K | $1.39 | $35.3K | 615.9K |
| Feb 2, 2026Form 4 · 10b5-1 | Rucci Carolyn M.SVP, Chief Legal Officer | SellCommon Stock | 16.8K | $1.39 | $23.4K | 641.3K |
| Feb 2, 2026Form 4 · 10b5-1 | Malabre Richard CSVP, Chief Accounting Officer | SellCommon Stock | 13.4K | $1.39 | $18.6K | 299.4K |
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