Revenue
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.93B | $5.36B | $4.61B | $4.60B | $4.12B | $2.51B | $1.72B | $1.18B | $824.9M | $404.5M | $58.7M |
| Gross profit | $3.26B | $2.89B | $2.49B | $2.79B | $2.37B | $1.32B | $819.7M | $381.6M | $107.5M | −$47.2M | −$123.7M |
| Gross margin | 54.99% | 53.85% | 54.10% | 60.55% | 57.49% | 52.82% | 47.78% | 32.33% | 13.03% | −11.66% | −210.83% |
| Research & development | $1.79B | $1.69B | $1.91B | $2.11B | $1.57B | $1.10B | $883.5M | $772.2M | $1.53B | $183.7M | $82.2M |
| Operating expenses | $6.46B | $6.15B | $6.00B | $6.00B | $4.82B | $3.37B | $2.82B | $2.45B | $4.31B | $924.9M | $440.4M |
| Operating income | −$532.2M | −$787.3M | −$1.40B | −$1.40B | −$702.1M | −$862.1M | −$1.10B | −$1.27B | −$3.49B | −$520.4M | −$381.7M |
| Operating margin | −8.97% | −14.68% | −30.36% | −30.32% | −17.05% | −34.39% | −64.31% | −107.46% | −422.52% | −128.65% | −650.72% |
| EBITDA | −$368.5M | −$629.2M | −$1.23B | −$1.19B | −$582.9M | −$775.3M | −$1.02B | −$1.18B | −$3.42B | −$491.3M | −$366.4M |
| EBITDA margin | −6.21% | −11.74% | −26.70% | −25.93% | −14.16% | −30.93% | −59.23% | −99.69% | −415.09% | −121.46% | −624.62% |
| Net income | −$460.5M | −$697.9M | −$1.32B | −$1.43B | −$488.0M | −$944.8M | −$1.03B | −$1.26B | −$3.45B | −$514.6M | −$372.9M |
| Net profit margin | −7.76% | −13.02% | −28.71% | −31.07% | −11.85% | −37.69% | −60.25% | −106.39% | −417.61% | −127.24% | −635.65% |
| Basic EPSper basic share | -$0.27 | -$0.42 | -$0.82 | -$0.89 | -$0.31 | -$0.65 | -$0.75 | -$0.97 | -$2.95 | -$0.64 | -$0.51 |
| Diluted EPSper diluted share | -$0.27 | -$0.42 | -$0.82 | -$0.89 | -$0.31 | -$0.65 | -$0.75 | -$0.97 | -$2.95 | -$0.64 | -$0.51 |
Reported shareholders
| Holder | % owned |
|---|---|
FMR LLC | 4.66%66.51M shares |
Murphy Robert C. | ≈3.77%53.77M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 3.29%46.92M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 3.25%46.43M shares |
BlackRock, Inc. | 3.08%44.01M shares |
Irenic Capital Management LP | 2.10%30M shares |
AQR CAPITAL MANAGEMENT LLC | 2.05%29.29M shares |
Spiegel Evan | ≈1.93%27.52M shares |
TWO SIGMA INVESTMENTS, LP | 1.43%20.41M shares |
UBS Group AG | 1.19%17.04M shares |
Invesco Ltd. | 1.16%16.62M shares |
GEODE CAPITAL MANAGEMENT, LLC | 0.91%13.03M shares |
STATE STREET CORP | 0.90%12.86M shares |
CITADEL ADVISORS LLC | 0.75%10.77M shares |
RENAISSANCE TECHNOLOGIES LLC | 0.75%10.66M shares |
MILLENNIUM MANAGEMENT LLC | 0.69%9.92M shares |
SUSQUEHANNA INTERNATIONAL GROUP, LLP | 0.67%9.52M shares |
ACADIAN ASSET MANAGEMENT LLC | 0.63%8.97M shares |
GOLDMAN SACHS GROUP INC | 0.59%8.48M shares |
Trexquant Investment LP | 0.59%8.35M shares |
Percentages use 1.43B 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 16, 2026Form 4 | Mohan AjitChief Business Officer | SellClass A Common Stock | 6.9K | $5.58 | $38.6K | 5.05M |
| Jun 4, 2026Form 4 · 10b5-1 | Briers Zachary MGeneral Counsel | SellClass A Common Stock | 12.0K | $6.00 | $71.7K | 2.56M |
| May 29, 2026Form 4 · 10b5-1 | Murphy Robert C.Chief Technology Officer | SellClass A Common Stock · indirect | 343.9K | $5.88 | $2.02M | 4.96M |
| May 19, 2026Form 4 · 10b5-1 | Hott DouglasChief Financial Officer | SellClass A Common Stock | 114.7K | $5.67 | $650.4K | 2.46M |
| May 19, 2026Form 4 · 10b5-1 | Briers Zachary MGeneral Counsel | SellClass A Common Stock | 71.7K | $5.67 | $406.8K | 2.57M |
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