Revenue
2020
2021
2022
2023
2024
2025
2026
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
| Revenue | $955.2M | $759.2M | $579.9M | $424.3M | $252.7M | $152.2M | $81.2M |
| Gross profit | $834.5M | $674.1M | $520.2M | $372.7M | $222.7M | $133.7M | $71.9M |
| Gross margin | 87.36% | 88.79% | 89.70% | 87.82% | 88.13% | 87.87% | 88.46% |
| Research & development | $274.6M | $239.7M | $200.8M | $156.1M | $97.2M | $106.6M | $59.4M |
| Operating expenses | $905.0M | $816.8M | $707.6M | $584.1M | $351.6M | $347.6M | $200.2M |
| Operating income | −$70.5M | −$142.7M | −$187.4M | −$211.4M | −$129.0M | −$213.9M | −$128.4M |
| Operating margin | −7.38% | −18.80% | −32.32% | −49.82% | −51.04% | −140.55% | −158.03% |
| EBITDA | −$67.2M | −$139.9M | −$183.1M | −$208.2M | −$128.4M | −$213.9M | −$128.4M |
| EBITDA margin | −7.04% | −18.42% | −31.57% | −49.06% | −50.83% | −140.55% | −158.03% |
| Net income | −$56.0M | −$6.3M | −$425.7M | −$173.4M | −$155.1M | −$192.2M | −$130.7M |
| Net profit margin | −5.86% | −0.83% | −73.40% | −40.87% | −61.40% | −126.30% | −160.96% |
| Basic EPSper basic share | -$0.34 | -$0.04 | -$2.76 | -$1.17 | -$1.95 | -$3.82 | -$2.76 |
| Diluted EPSper diluted share | -$0.34 | -$0.04 | -$2.76 | -$1.17 | -$1.95 | -$3.82 | -$2.76 |
Reported shareholders
| Holder | % owned |
|---|---|
Sijbrandij Sytse | ≈8.88%14.9M shares |
AQR CAPITAL MANAGEMENT LLC | ≈6.16%10.34M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | ≈5.31%8.91M shares |
BlackRock, Inc. | ≈5.27%8.85M shares |
PRIMECAP MANAGEMENT CO/CA/ | ≈4.58%7.68M shares |
VANGUARD CAPITAL MANAGEMENT LLC | ≈3.85%6.46M shares |
D. E. Shaw & Co., Inc. | ≈2.50%4.19M shares |
Impactive Capital LP | ≈2.48%4.16M shares |
Atreides Management, LP | ≈2.01%3.37M shares |
DISCIPLINED GROWTH INVESTORS INC /MN | ≈1.97%3.31M shares |
GOLDMAN SACHS GROUP INC | ≈1.85%3.11M shares |
MENORA MIVTACHIM HOLDINGS LTD. | ≈1.77%2.98M shares |
NEUBERGER BERMAN GROUP LLC | ≈1.73%2.9M shares |
FRANKLIN RESOURCES INC | ≈1.63%2.74M shares |
Squarepoint Ops LLC | ≈1.63%2.74M shares |
Alphabet Inc. | ≈1.62%2.72M shares |
GEODE CAPITAL MANAGEMENT, LLC | ≈1.57%2.64M shares |
STATE STREET CORP | ≈1.57%2.63M shares |
Point72 Asset Management, L.P. | ≈1.40%2.35M shares |
TWO SIGMA INVESTMENTS, LP | ≈1.39%2.33M shares |
Percentages use 167.8M 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 15, 2026Form 4 · 10b5-1 | Sijbrandij SytseDirector | SellClass A Common Stock · indirect | 13.6K | $28.83 | $391.1K | 14.90M |
| Jun 15, 2026Form 4 · 10b5-1 | Sijbrandij SytseDirector | SellClass A Common Stock · indirect | 102.6K | $28.39 | $2.91M | 14.92M |
| May 18, 2026Form 4 · 10b5-1 | Sijbrandij SytseDirector | SellClass A Common Stock · indirect | 105.4K | $24.93 | $2.63M | 15.02M |
| May 18, 2026Form 4 · 10b5-1 | Sijbrandij SytseDirector | SellClass A Common Stock · indirect | 10.8K | $24.09 | $260.0K | 15.12M |
| Apr 15, 2026Form 4 · 10b5-1 | Sijbrandij SytseDirector | SellClass A Common Stock · indirect | 116.2K | $20.77 | $2.41M | 0 |
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