Overview Financials News + Filings Key Docs Charts Ownership Insiders
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| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Revenues: |
| United States | 420.6 | 352.6 | 264.7 | 194.3 | 77.9 | 43.7 | |
| International | 28.9 | 21.1 | 22.1 | 20.1 | 12.7 | 6.1 | |
| Total revenues | 449.5 | 373.7 | 286.7 | 214.4 | 90.6 | 49.8 | 25.2 |
| Revenue growth [+] | 20.3% | 30.3% | 33.8% | 136.5% | 81.9% | 97.4% | |
| United States | 19.3% | 33.2% | 36.2% | 149.4% | 78.2% | | |
| International | 37.1% | -4.4% | 10.0% | 57.7% | 107.7% | | |
| Cost of goods sold | 156.3 | 122.9 | 92.5 | 70.7 | 43.2 | 31.6 | 22.1 |
| Gross profit | 293.2 | 250.7 | 194.2 | 143.7 | 47.4 | 18.2 | 3.1 |
| Gross margin | 65.2% | 67.1% | 67.7% | 67.0% | 52.3% | 36.6% | 12.4% |
| Selling, general and administrative [+] | 463.8 | 398.5 | 299.3 | 139.7 | 89.7 | 69.3 | 36.1 |
| Sales and marketing | 299.8 | 191.9 | 106.5 | 78.3 | 53.5 | 32.5 | 26.2 |
| General and administrative | 164.0 | 206.6 | 192.8 | 61.4 | 36.2 | 36.8 | 9.9 |
| Research and development | 373.8 | 263.2 | 149.9 | 86.3 | 50.7 | 25.6 | 10.9 |
| EBITDA [+] | -508.4 | -388.7 | -238.9 | -71.0 | -85.8 | -71.4 | -40.2 |
| EBITDA growth | 30.8% | 62.7% | 236.6% | -17.3% | 20.2% | 77.8% | |
| EBITDA margin | -113.1% | -104.0% | -83.3% | -33.1% | -94.7% | -143.3% | -159.0% |
| Depreciation | 33.5 | 20.4 | 14.3 | 10.7 | 7.1 | 5.2 | 3.7 |
| EBITA | -541.9 | -409.1 | -253.2 | -81.7 | -92.9 | -76.6 | -43.8 |
| EBITA margin | -120.5% | -109.5% | -88.3% | -38.1% | -102.5% | -153.7% | -173.7% |
| Amortization of intangibles | 2.5 | 1.9 | 1.8 | 0.7 | | | |
| EBIT [+] | -544.4 | -411.0 | -255.0 | -82.4 | -92.9 | -76.6 | -43.8 |
| EBIT growth | 32.5% | 61.2% | 209.5% | -11.4% | 21.3% | 74.7% | |
| EBIT margin | -121.1% | -110.0% | -88.9% | -38.4% | -102.5% | -153.7% | -173.7% |
| Interest income, net [+] | 3.5 | 1.4 | 5.4 | 12.6 | 4.0 | -0.5 | -2.3 |
| Interest expense | 2.6 | 2.6 | 4.8 | 1.2 | 1.3 | 2.7 | 3.0 |
| Interest income | 6.1 | 3.9 | 10.2 | 13.7 | 5.3 | 2.2 | 0.7 |
| Other income (expense), net [+] | -112.6 | 25.2 | 3.6 | 0.1 | 4.7 | -6.1 | 0.0 |
| Gain (loss) on debt retirement | | | | | | -5.1 | |
| Other | -12.8 | 25.2 | 3.6 | 0.1 | 4.7 | -1.1 | 0.0 |
| Pre-tax income | -653.4 | -384.5 | -245.9 | -69.7 | -84.2 | -83.2 | -46.1 |
| Income taxes | 1.1 | 0.3 | 0.4 | -1.9 | 0.0 | 0.0 | 0.0 |
| Tax rate | | | | 2.7% | | | |
| Net income | -654.6 | -405.7 | -253.8 | -75.7 | -85.1 | -89.0 | -46.1 |
| Net margin | -145.6% | -108.6% | -88.5% | -35.3% | -93.8% | -178.6% | -182.7% |
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| Basic EPS [+] | ($6.41) | ($4.00) | ($2.60) | ($0.84) | ($2.80) | ($7.07) | ($3.53) |
| Growth | 60.0% | 53.8% | 211.7% | -70.2% | -60.4% | 100.1% | |
| Diluted EPS [+] | ($6.41) | ($4.00) | ($2.60) | ($0.84) | ($2.80) | ($7.07) | ($3.53) |
| Growth | 60.0% | 53.8% | 211.7% | -70.2% | -60.4% | 100.1% | |
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| Shares outstanding (basic) [+] | 102.2 | 101.3 | 97.5 | 90.6 | 30.4 | 12.6 | 13.1 |
| Growth | 0.9% | 3.9% | 7.6% | 198.0% | 141.6% | -3.6% | |
| Shares outstanding (diluted) [+] | 102.2 | 101.3 | 97.5 | 90.6 | 30.4 | 12.6 | 13.1 |
| Growth | 0.9% | 3.9% | 7.6% | 198.0% | 141.6% | -3.6% | |
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| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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