GKOS Stock Price Chart
Daily OHLCV with technical indicators — pan, zoom, and customize your view
04
range
bars
Bar granularity adapts to the selected period — hover the chart to see open/high/low/close for a bar.
10-Year Performance
Revenue, net income, margins and EPS trends
06
Revenue$507M2016-12-31 → 2025-12-31
EPS$-3.282016-12-31 → 2025-12-31
Free Cash Flow$-22M2016-12-31 → 2025-12-31
Net margin-30.7%2016-12-31 → 2025-12-31
Valuation & Ratios07–12
Valuation
P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Metric
5Y trend
GKOS
5Y avg
Peer Median
Verdict
P/E (TTM)
-50.15Y avg ≈-35.9
≈-35.9
·
·
P/S (TTM)
15.75Y avg ≈12.3
≈12.3
3.3
Overvalued
P/B (MRQ)
14.15Y avg ≈7.4
≈7.4
2.9
Overvalued
Price / FCF (TTM)
-790.35Y avg ≈-117.6
≈-117.6
·
·
Price / Cash Flow (TTM)
-10145.35Y avg ≈-124.7
≈-124.7
·
·
Price / Tangible Book (MRQ)
17.45Y avg ≈18.6
≈18.6
·
·
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability
Gross, operating and net margins; ROE, ROA, ROIC
Metric
5Y trend
GKOS
5Y avg
Peer Median
Verdict
Gross Margin (TTM)
60.7%5Y avg ≈72.0%
≈72.0%
58.4%
Top tier
Operating Margin (TTM)
-31.6%5Y avg ≈-30.5%
≈-30.5%
11.9%
Weak
EBITDA Margin (TTM)
-24.7%5Y avg ≈-20.7%
≈-20.7%
13.1%
Weak
Pretax Margin (TTM)
-31.5%5Y avg ≈-34.0%
≈-34.0%
10.9%
Weak
Net Profit Margin (TTM)
-30.7%5Y avg ≈-34.0%
≈-34.0%
8.1%
Weak
ROA (TTM)
-19.7%5Y avg ≈-12.7%
≈-12.7%
3.2%
Weak
ROE (TTM)
-26.0%5Y avg ≈-20.6%
≈-20.6%
5.8%
Weak
ROIC
-29.6%5Y avg ≈-19.0%
≈-19.0%
5.5%
Weak
Financial Health
Debt, liquidity, solvency — balance sheet strength
Metric
5Y trend
GKOS
5Y avg
Peer Median
Verdict
Current Ratio (MRQ)
5.05Y avg ≈6.0
≈6.0
2.5
Strong liquidity
Quick Ratio
2.05Y avg ≈2.2
≈2.2
1.3
Strong liquidity
Growth
Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Metric
5Y trend
GKOS
5Y avg
Peer Median
Verdict
Revenue YoY
32.3%5Y avg ≈18.5%
≈18.5%
·
·
Revenue CAGR 3Y
21.5%5Y avg ≈14.2%
≈14.2%
·
·
Revenue CAGR 5Y
17.7%
·
·
·
Per Share Metrics
EPS, book value per share, cash flow per share, dividend per share
Metric
5Y trend
GKOS
5Y avg
Peer Median
Verdict
EPS (Diluted)
$-3.285Y avg ≈$-2.40
≈$-2.40
·
·
Revenue / Share
$8.875Y avg ≈$6.99
≈$6.99
·
·
Cash Flow / Share
$-0.265Y avg ≈$-0.56
≈$-0.56
·
·
Cash / Share
$1.585Y avg ≈$2.23
≈$2.23
·
·
Capital Efficiency
Asset turnover, inventory turnover, receivables turnover
Metric
5Y trend
GKOS
5Y avg
Peer Median
Verdict
Asset Turnover
0.55Y avg ≈0.4
≈0.4
0.5
In line
Inventory Turnover
1.85Y avg ≈2.3
≈2.3
2.1
In line
Receivables Turnover
6.05Y avg ≈7.7
≈7.7
6.3
Weak
Revenue / Employee
≈$463.8K
·
·
·
value · ≈ 5Y avg · industry median · verdict relative to median
Earnings History
EPS actual vs estimate, surprise %, beat rate, next earnings date
14
Avg Surprise19.7%
Next ReportOct 27, 2026
Period
Report
EPS Actual
EPS Est
Surprise
June 30, 2026
Jul 28, 2026
$-0.14
$-0.21
34.9%
March 31, 2026
$-0.18
$-0.28
35.3%
Dec. 31, 2025
$-0.28
$-0.20
-39.9%
Sept. 30, 2025
$-0.16
$-0.26
39.1%
June 30, 2025
$-0.24
$-0.27
11.1%
March 31, 2025
$-0.22
$-0.35
38.0%
Full Fundamentals
All metrics by year — income statement, balance sheet, cash flow
15
Income Statement18
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Revenue
$507M
$383M
$315M
$283M
$294M
$225M
$237M
$181M
$159M
$114M
$72M
$46M
Cost of Revenue
$112M
$94M
$76M
$69M
$67M
$92M
$39M
$25M
$21M
$16M
$13M
$11M
Gross Profit
$283M
$289M
$239M
$214M
$227M
$133M
$198M
$156M
$138M
$98M
$59M
$34M
R&D Expense
·
·
·
·
·
·
·
$50M
$39M
$29M
$25M
$19M
SG&A Expense
$332M
$261M
$224M
$193M
$179M
$171M
$177M
$120M
$96M
$65M
$44M
$28M
Operating Expenses
$482M
$412M
$368M
$296M
$260M
$257M
$249M
$169M
$140M
$94M
$69M
$47M
Operating Income
$-200M
$-122M
$-129M
$-82M
$-33M
$-124M
$-50M
$-13M
$-2M
$4M
$-10M
$-13M
Interest Expense
·
·
$14M
$14M
$13M
$14M
$3M
·
·
·
·
·
Interest Income
·
·
·
·
·
·
·
·
·
·
$82.0K
$3.0K
Other Non-op
$479.0K
$-6M
$-558.0K
$-16M
$-16M
$-9M
$256.0K
$634.0K
$2M
$-565.0K
·
·
Pretax Income
$-193M
$-146M
$-134M
$-98M
$-49M
$-132M
$-50M
$-12M
$1.0K
$5M
$-38M
$-14M
Income Tax
$-5M
$771.0K
$934.0K
$766.0K
$326.0K
$-12M
$-65M
$583.0K
$93.0K
$43.0K
$33.0K
$18.0K
Net Income
$-188M
$-146M
$-135M
$-99M
$-50M
$-120M
$15M
$-13M
$-92.0K
$5M
$-37M
$-12M
EPS (Basic)
$-3.28
$-2.77
$-2.78
$-2.09
$-1.07
$-2.70
$0.41
$-0.37
$0.00
$0.14
$-2.13
$-5.29
EPS (Diluted)
$-3.28
$-2.77
$-2.78
$-2.09
$-1.07
$-2.70
$0.37
$-0.37
$0.00
$0.12
$-2.13
$-5.29
Shares (Basic)
57,190,000
52,755,000
48,433,000
47,444,000
46,423,000
44,497,000
37,355,000
35,317,000
34,381,000
32,928,000
17,474,000
2,294,000
Shares (Diluted)
57,190,000
52,755,000
48,433,000
47,444,000
46,423,000
44,497,000
41,145,000
35,317,000
34,381,000
36,459,000
17,474,000
2,294,000
EBITDA
$-162M
$-87M
$-95M
$-51M
$-3M
$-94M
$-44M
$-7M
$3M
$9M
$-6M
·
Balance Sheet27
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Cash & Equivalents
$91M
$170M
$93M
$120M
$101M
$97M
$62M
$30M
$25M
$6M
$22M
$2M
Receivables
$109M
$61M
$40M
$36M
$33M
$36M
$38M
$19M
$17M
$14M
$8M
$5M
Inventory
$64M
$58M
$42M
$38M
$23M
$16M
$43M
$13M
$11M
$7M
$4M
$2M
Prepaid Expense
$24M
$12M
$18M
$17M
$16M
$13M
$8M
$4M
$3M
$3M
$1M
$534.0K
Current Assets
$475M
$450M
$395M
$444M
$486M
$469M
$263M
$177M
$149M
$120M
$104M
$11M
PP&E (Net)
$113M
$98M
$103M
$94M
$69M
$24M
$22M
$19M
$12M
$8M
$2M
$2M
PP&E (Gross)
$169M
$142M
$138M
$122M
$90M
$40M
$34M
$28M
$18M
$13M
$7M
$6M
Accum. Depreciation
$56M
$45M
$34M
$27M
$21M
$16M
$12M
$9M
$6M
$5M
$5M
$4M
Goodwill
$67M
$66M
$66M
$66M
$66M
$66M
$66M
·
·
·
·
·
Intangibles
$142M
$263M
$283M
$308M
$333M
$358M
$383M
·
$3M
$7M
$10M
$13M
Total Assets
$893M
$975M
$940M
$1.00B
$1.05B
$1.01B
$818M
$207M
$166M
$134M
$117M
$26M
Accounts Payable
$25M
$13M
$13M
$14M
$7M
$4M
$6M
$6M
$6M
$3M
$4M
$3M
Accrued Liabilities
$77M
$62M
$61M
$58M
$56M
$45M
$52M
$24M
$20M
$14M
$8M
$6M
Current Liabilities
$101M
$75M
$74M
$72M
$63M
$50M
$58M
$30M
$27M
$17M
$20M
$20M
Capital Leases
$36M
$34M
$30M
$29M
$30M
$21M
$14M
·
·
·
·
·
Deferred Tax
$441.0K
$7M
$7M
$7M
$7M
$11M
$10M
·
·
·
·
·
Other Non-current Liabilities
$32M
$22M
$14M
$10M
$9M
$7M
$5M
$3M
$846.0K
$159.0K
$238.0K
$12.0K
Total Liabilities
$237M
$208M
$479M
$472M
$463M
$338M
$145M
$33M
$28M
$17M
$21M
$30M
Long-term Debt
·
·
·
·
·
·
·
·
·
·
$10M
$18M
Total Debt
·
·
·
·
·
·
·
·
·
·
$10M
·
Common Stock
$58.0K
$56.0K
$49.0K
$48.0K
$47.0K
$45.0K
$44.0K
$36.0K
$35.0K
$34.0K
$32.0K
$6.0K
Retained Earnings
$-933M
$-745M
$-599M
$-464M
$-365M
$-310M
$-190M
$-205M
$-192M
$-192M
$-197M
$-159M
Treasury Stock
$132.0K
$132.0K
$132.0K
$132.0K
$132.0K
$132.0K
$132.0K
$132.0K
$132.0K
$132.0K
$132.0K
$132.0K
AOCI
$3M
$3M
$1M
$-3M
$15.0K
$1M
$1M
$738.0K
$-591.0K
$648.0K
$51.0K
$44.0K
Stockholders' Equity
$656M
$767M
$462M
$530M
$587M
$667M
$673M
$174M
$138M
$117M
$95M
$-161M
Liabilities + Equity
$893M
$975M
$940M
$1.00B
$1.05B
$1.01B
$818M
$207M
$166M
$134M
$117M
$26M
Shares Outstanding
57,511,000
56,472,000
49,148,000
47,782,000
46,993,000
45,275,000
43,530,000
36,135,000
34,647,000
33,971,000
32,209,000
2,470,000
Cash Flow14
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
D&A
$38M
$36M
$34M
$32M
$30M
$29M
$6M
$6M
$5M
$5M
$4M
$4M
Stock-based Comp
$63M
$50M
$44M
$39M
$30M
$46M
$36M
$26M
$18M
$9M
$8M
$2M
Deferred Tax
$-6M
$-216.0K
$-120.0K
$-55.0K
$-1M
$-12M
$-66M
·
$-235.0K
·
·
·
Amort. of Intangibles
$27M
$25M
$25M
$25M
$25M
$25M
·
·
·
$4M
$4M
$4M
Restructuring
·
·
·
·
·
·
$4M
·
·
·
·
·
Other Non-cash
$78M
$-587.0K
$-159.0K
$-4M
$16M
$34M
$8M
$-153.0K
$3M
$-6M
$23M
·
Operating Cash Flow
$-15M
$-61M
$-58M
$-33M
$25M
$-23M
$-369.0K
$19M
$26M
$12M
$-2M
$-7M
CapEx
$8M
$6M
$20M
$30M
$48M
$7M
$5M
$10M
$6M
$6M
$877.0K
$868.0K
Investing Cash Flow
$-78M
$48M
$14M
$45M
$-58M
$-205M
$43M
$-26M
$-12M
$-26M
$-86M
·
Financing Cash Flow
$12M
$92M
$15M
$6M
$39M
$263M
$-10M
$22M
$5M
$-2M
$107M
·
Net Change in Cash
$-80M
$75M
$-27M
$16M
$4M
$34M
$33M
$14M
$18M
$-15M
$19M
$-4M
Taxes Paid
$949.0K
$1M
$2M
$522.0K
$272.0K
$484.0K
$171.0K
$401.0K
$12.0K
$513.0K
$25.0K
·
Free Cash Flow
$-22M
$-68M
$-78M
$-63M
$-23M
$-30M
$-5M
$9M
$19M
$6M
$-3M
·
Levered FCF
·
·
$-92M
$-77M
$-37M
$-43M
$-4M
·
·
·
·
·
Profitability8
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Gross Margin
55.7%
75.5%
76.0%
75.6%
77.3%
59.2%
83.7%
86.2%
86.8%
85.9%
81.9%
·
Operating Margin
-39.3%
-31.9%
-40.9%
-29.1%
-11.2%
-54.9%
-21.2%
-7.2%
-1.4%
3.7%
-14.4%
·
Net Margin
-37.0%
-38.2%
-42.8%
-35.1%
-16.9%
-53.5%
6.5%
-7.1%
-0.06%
4.0%
-51.9%
·
Pretax Margin
-38.0%
-38.0%
-42.5%
-34.8%
-16.8%
-58.8%
-21.1%
-6.8%
0.00%
4.0%
-53.4%
·
EBITDA Margin
-31.8%
-22.6%
-30.2%
-17.9%
-1.1%
-41.9%
-18.6%
-3.7%
2.0%
7.8%
-8.4%
·
ROA
-20.1%
-15.3%
-13.9%
-9.7%
-4.8%
-13.2%
3.0%
-7.0%
-0.06%
3.6%
-52.2%
·
ROE
-26.4%
-23.8%
-27.2%
-17.8%
-7.9%
-17.9%
3.6%
-8.3%
-0.07%
4.3%
113.3%
·
ROIC
-29.6%
-16.0%
-28.1%
-15.7%
-5.6%
-16.8%
2.3%
-7.8%
151.8%
3.6%
-9.8%
·
Liquidity & Solvency5
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Current Ratio
4.7
6.0
5.3
6.1
7.7
9.4
4.6
5.8
5.6
7.1
5.1
·
Quick Ratio
2.0
3.1
1.8
2.2
2.1
2.7
1.7
1.6
1.5
1.2
1.4
·
Debt / Equity
·
·
·
·
·
·
·
·
·
·
0.1
·
LT Debt / Equity
·
·
·
·
·
·
·
·
·
·
0.0
·
Interest Coverage
·
·
-9.4
-6.0
-2.5
-8.8
-19.6
·
·
·
·
·
Efficiency3
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Asset Turnover
0.5
0.4
0.3
0.3
0.3
0.2
0.5
1.0
1.1
0.9
1.0
·
Inventory Turnover
1.8
1.9
1.9
2.3
3.4
3.1
1.4
2.0
2.3
3.0
4.1
·
Receivables Turnover
6.0
7.6
8.3
8.1
8.5
6.0
8.3
10.3
10.3
10.5
11.1
·
Per Share5
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Book Value / Share
$11.41
$13.59
$9.40
$11.10
$12.50
$14.75
$15.48
$4.82
$3.99
$3.46
$2.96
·
Revenue / Share
$8.87
$7.27
$6.50
$5.96
$6.33
$5.06
$5.76
$5.13
$4.63
$3.14
·
·
Cash Flow / Share
$-0.26
$-1.16
$-1.19
$-0.70
$0.53
$-0.52
$-0.01
$0.53
$0.74
$0.34
·
·
Cash / Share
$1.58
$3.01
$1.90
$2.50
$2.14
$2.13
$1.44
$0.83
$0.71
$0.19
$0.67
·
EPS (TTM)
$-3.28
$-2.77
$-2.78
$-2.09
$-1.07
$-2.70
$0.37
$-0.37
$0.00
$0.12
$-2.13
·
Growth Rates3
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Revenue YoY
32.3%
21.9%
11.3%
-3.8%
30.7%
·
·
·
·
·
·
·
Revenue CAGR 3Y
21.5%
9.3%
11.8%
·
·
·
·
·
·
·
·
·
Revenue CAGR 5Y
17.7%
·
·
·
·
·
·
·
·
·
·
·
Valuation (TTM)14
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Revenue TTM
$507M
$383M
$315M
$283M
$294M
$225M
$237M
$181M
$159M
$114M
$72M
·
Net Income TTM
$-188M
$-146M
$-135M
$-99M
$-50M
$-120M
$15M
$-13M
$-92.0K
$5M
$-37M
·
Market Cap
$6.49B
$8.46B
$3.90B
$2.09B
$2.09B
$3.41B
$2.37B
$2.03B
$888M
$1.16B
$795M
·
Enterprise Value
·
·
·
·
·
·
·
·
·
·
$783M
·
P/E
-34.4
-54.1
-28.6
-20.9
-41.5
-27.9
147.2
-151.8
·
285.8
-11.6
·
P/S
12.8
22.1
12.4
7.4
7.1
15.1
10.0
11.2
5.6
10.2
11.1
·
P/B
9.9
11.0
8.5
3.9
3.6
5.1
3.5
11.7
6.4
9.9
8.3
·
P / Tangible Book
14.5
19.4
34.7
13.4
11.1
14.0
·
·
·
·
·
·
P / Cash Flow
-439.1
-138.0
-67.6
-63.1
84.5
-148.1
-6421.6
107.5
34.8
94.6
-363.1
·
P / FCF
-289.2
-125.2
-50.1
-32.9
-90.4
-113.8
-465.3
237.2
46.3
193.0
-259.2
·
EV / EBITDA
·
·
·
·
·
·
·
·
·
·
-129.8
·
EV / FCF
·
·
·
·
·
·
·
·
·
·
-255.4
·
EV / Revenue
·
·
·
·
·
·
·
·
·
·
10.9
·
Earnings Yield
-2.9%
-1.8%
-3.5%
-4.8%
-2.4%
-3.6%
0.68%
-0.66%
0.00%
0.35%
-8.6%
·
Income Statement16
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Revenue
$186M
$151M
$143M
$134M
$124M
$107M
$105M
$97M
$96M
$86M
$82M
$78M
$80M
$74M
$71M
$71M
Cost of Revenue
$34M
$33M
$32M
$29M
$27M
$24M
$29M
$23M
$23M
$20M
$19M
$19M
$20M
$18M
$17M
$17M
Gross Profit
$152M
$117M
$-2M
$105M
$97M
$82M
$77M
$74M
$73M
$65M
$63M
$60M
$60M
$56M
$54M
$54M
SG&A Expense
$116M
$93M
$95M
$83M
$83M
$71M
$69M
$64M
$66M
$62M
$63M
$54M
$53M
$54M
$52M
$47M
Operating Expenses
$169M
$137M
$138M
$121M
$120M
$103M
$106M
$99M
$103M
$104M
$102M
$88M
$89M
$89M
$88M
$76M
Operating Income
$-17M
$-20M
$-140M
$-16M
$-23M
$-21M
$-29M
$-25M
$-30M
$-39M
$-39M
$-28M
$-29M
$-33M
$-34M
$-22M
Interest Expense
·
·
·
·
·
·
·
·
·
$3M
·
$3M
$3M
$3M
·
$3M
Other Non-op
$-1M
$-749.0K
$-1M
$-1M
$2M
$945.0K
$-6M
$2M
$-2M
$-1M
$6M
$-2M
$-3M
$-1M
$3M
$-6M
Pretax Income
$-18M
$-19M
$-140M
$-16M
$-19M
$-18M
$-34M
$-21M
$-50M
$-40M
$-37M
$-30M
$-32M
$-34M
$-31M
$-27M
Income Tax
$656.0K
$484.0K
$-6M
$234.0K
$248.0K
$326.0K
$-114.0K
$177.0K
$331.0K
$377.0K
$61.0K
$37.0K
$435.0K
$401.0K
$298.0K
$247.0K
Net Income
$-18M
$-20M
$-134M
$-16M
$-20M
$-18M
$-34M
$-21M
$-51M
$-41M
$-37M
$-30M
$-33M
$-35M
$-31M
$-28M
EPS (Basic)
$-0.31
$-0.34
$-2.34
$-0.28
$-0.34
$-0.32
$-0.56
$-0.39
$-1.00
$-0.82
$-0.75
$-0.63
$-0.68
$-0.72
$-0.66
$-0.58
EPS (Diluted)
$-0.31
$-0.34
$-2.34
$-0.28
$-0.34
$-0.32
$-0.56
$-0.39
$-1.00
$-0.82
$-0.75
$-0.63
$-0.68
$-0.72
$-0.66
$-0.58
Shares (Basic)
58,818,000
58,022,000
·
57,398,000
57,205,000
56,637,000
·
55,037,000
50,715,000
49,580,000
·
48,675,000
48,281,000
47,881,000
·
47,614,000
Shares (Diluted)
58,818,000
58,022,000
·
57,398,000
57,205,000
56,637,000
·
55,037,000
50,715,000
49,580,000
·
48,675,000
48,281,000
47,881,000
·
47,614,000
EBITDA
$-17M
$-8M
·
$-16M
$-23M
$-12M
·
$-25M
$-30M
$-39M
·
$-28M
$-29M
$-33M
·
$-22M
Balance Sheet25
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Cash & Equivalents
$114M
$104M
$91M
$98M
$101M
$114M
$170M
$100M
$68M
$42M
$93M
$109M
$95M
$76M
$120M
$104M
Receivables
$139M
$120M
$109M
$99M
$83M
$72M
$61M
$56M
$51M
$47M
·
$39M
$39M
$38M
·
$35M
Inventory
$59M
$62M
$64M
$64M
$65M
$59M
$58M
$60M
$56M
$50M
·
$40M
$39M
$40M
·
$34M
Prepaid Expense
$31M
$27M
$24M
$19M
$14M
$15M
$12M
$19M
$14M
$19M
·
$20M
$19M
$20M
·
$18M
Current Assets
$516M
$486M
$475M
$455M
$436M
$445M
$450M
$397M
$384M
$389M
·
$400M
$401M
$416M
·
$449M
PP&E (Net)
$112M
$112M
$113M
$111M
$112M
$97M
$98M
$99M
$100M
$102M
$103M
$103M
$103M
$98M
$94M
$87M
PP&E (Gross)
·
·
$169M
·
·
·
$142M
·
·
·
·
·
·
·
·
·
Accum. Depreciation
·
·
$56M
·
·
·
$45M
·
·
·
·
·
·
·
·
·
Goodwill
$67M
$67M
$67M
$67M
$67M
$66M
$66M
$66M
$66M
$66M
·
$66M
$66M
$66M
·
$66M
Intangibles
$127M
$133M
$142M
$264M
$270M
$258M
$263M
$269M
$276M
$282M
·
$289M
$295M
$302M
·
$314M
Total Assets
$921M
$893M
$893M
$999M
$987M
$966M
$975M
$927M
$920M
$933M
·
$949M
$957M
$973M
·
$1.01B
Accounts Payable
$19M
$19M
$25M
$20M
$14M
$16M
$13M
$11M
$12M
$13M
·
$10M
$9M
$12M
·
$11M
Accrued Liabilities
$83M
$70M
$77M
$68M
$65M
$53M
$62M
$61M
$59M
$59M
·
$57M
$55M
$50M
·
$49M
Current Liabilities
$102M
$89M
$101M
$88M
$79M
$69M
$75M
$72M
$70M
$72M
·
$67M
$64M
$62M
·
$61M
Capital Leases
$35M
$35M
$36M
$36M
$36M
$36M
$34M
$31M
$30M
$30M
·
$31M
$31M
$29M
·
$29M
Deferred Tax
$441.0K
$441.0K
$441.0K
$7M
$7M
$7M
$7M
$7M
$7M
$7M
·
$7M
$7M
$7M
·
$7M
Other Non-current Liabilities
$32M
$29M
$32M
$31M
$31M
$21M
$22M
$22M
$21M
$20M
·
$13M
$13M
$11M
·
$9M
Total Liabilities
$238M
$222M
$237M
$230M
$222M
$202M
$208M
$258M
$255M
$483M
·
$471M
$468M
$464M
·
$460M
Common Stock
$59.0K
$58.0K
$58.0K
$57.0K
$57.0K
$57.0K
$56.0K
$55.0K
$55.0K
$50.0K
·
$49.0K
$48.0K
$48.0K
·
$48.0K
Retained Earnings
$-971M
$-953M
$-933M
$-799M
$-783M
$-764M
$-745M
$-712M
$-690M
$-640M
·
$-562M
$-532M
$-499M
·
$-433M
Treasury Stock
$132.0K
$132.0K
$132.0K
$132.0K
$132.0K
$132.0K
$132.0K
$132.0K
$132.0K
$132.0K
·
$132.0K
$132.0K
$132.0K
·
$132.0K
AOCI
$2M
$3M
$3M
$3M
$3M
$3M
$3M
$3M
$2M
$1M
·
$764.0K
$-387.0K
$-1M
·
$-4M
Stockholders' Equity
$682M
$671M
$656M
$770M
$765M
$764M
$767M
$669M
$665M
$451M
·
$478M
$489M
$509M
·
$549M
Liabilities + Equity
$921M
$893M
$893M
$999M
$987M
$966M
$975M
$927M
$920M
$933M
·
$949M
$957M
$973M
·
$1.01B
Shares Outstanding
58,858,000
58,359,000
57,511,000
57,386,000
57,249,000
56,741,000
56,444,000
55,094,000
54,824,000
49,847,000
49,148,000
48,720,000
48,385,000
47,941,000
47,782,000
47,665,000
Cash Flow12
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
D&A
$9M
$12M
$12M
$9M
$9M
$8M
$9M
$9M
$9M
$9M
·
·
·
·
$27M
$2M
Stock-based Comp
$29M
$19M
$17M
$15M
$18M
$13M
$13M
$14M
$11M
$11M
$13M
$10M
$10M
$10M
$12M
$9M
Amort. of Intangibles
$6M
$9M
$9M
$6M
$6M
$6M
$6M
$6M
$6M
$6M
$6M
$6M
$6M
$6M
$6M
$6M
Other Non-cash
·
$-24M
·
·
·
$-22M
·
·
·
·
·
·
·
·
·
·
Operating Cash Flow
$15M
$-13M
$7M
$-10M
$7M
$-19M
$507.0K
$-10M
$-18M
$-34M
$-11M
$-8M
$-8M
$-31M
$-4M
$-27M
CapEx
$3M
$4M
$3M
$2M
$1M
$2M
$2M
$1M
$2M
$968.0K
$4M
$3M
$6M
$7M
$8M
$6M
Investing Cash Flow
$-5M
$11M
$-16M
$-4M
$-21M
$-37M
$12M
$31M
$35M
$-29M
$-13M
$15M
$26M
$-14M
$17M
$24M
Financing Cash Flow
$991.0K
$16M
$2M
$5M
$2M
$2M
$60M
$10M
$9M
$13M
$7M
$7M
$-880.0K
$1M
$529.0K
$4M
Net Change in Cash
$10M
$13M
$-7M
$-3M
$-14M
$-55M
$69M
$32M
$24M
$-51M
$-15M
$14M
$17M
$-43M
$14M
$1M
Taxes Paid
$489.0K
$379.0K
$265.0K
$173.0K
$235.0K
$276.0K
$195.0K
$364.0K
$450.0K
$351.0K
$339.0K
$438.0K
$525.0K
$255.0K
$150.0K
$132.0K
Free Cash Flow
·
$-16M
·
·
·
$-20M
·
·
·
$-35M
·
·
·
$-38M
·
·
Levered FCF
·
·
·
·
·
·
·
·
·
$-38M
·
·
·
$-41M
·
·
Profitability8
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Gross Margin
81.7%
77.9%
·
78.4%
78.3%
77.2%
·
76.6%
76.4%
76.3%
·
76.3%
75.0%
75.5%
·
76.3%
Operating Margin
-9.3%
-13.2%
·
-12.3%
-18.3%
-19.4%
·
-25.5%
-31.3%
-45.6%
·
-35.9%
-36.2%
-44.6%
·
-30.3%
Net Margin
-9.9%
-13.1%
·
-12.2%
-15.8%
-17.0%
·
-22.1%
-52.8%
-47.7%
·
-39.0%
-40.8%
-46.9%
·
-38.7%
Pretax Margin
-9.6%
-12.8%
·
-12.0%
-15.6%
-16.7%
·
-22.0%
-52.5%
-47.3%
·
-39.0%
-40.3%
-46.3%
·
-38.4%
EBITDA Margin
-9.3%
-5.3%
·
-12.3%
-18.3%
-11.7%
·
-25.5%
-31.3%
-45.6%
·
-35.9%
-36.2%
-44.6%
·
-30.3%
ROA
-1.9%
-2.1%
·
-1.7%
-2.1%
-1.9%
·
-2.3%
-5.4%
-4.3%
·
-3.1%
-3.3%
-3.4%
·
-2.7%
ROE
-2.5%
-2.8%
·
-2.3%
-2.8%
-3.0%
·
-3.7%
-8.8%
-8.5%
·
-5.9%
-6.2%
-6.3%
·
-4.8%
ROIC
-2.6%
-3.0%
·
-2.2%
-3.0%
-2.8%
·
-3.7%
-4.5%
-8.8%
·
-5.9%
-6.0%
-6.6%
·
-4.0%
Liquidity & Solvency3
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Current Ratio
5.0
5.4
·
5.2
5.5
6.5
·
5.5
5.5
5.4
·
6.0
6.3
6.7
·
7.4
Quick Ratio
2.5
2.5
·
2.3
2.3
2.7
·
2.2
1.7
1.2
·
2.2
2.1
1.8
·
2.3
Interest Coverage
·
·
·
·
·
·
·
·
·
-11.3
·
-8.2
-8.6
-9.7
·
-6.2
Efficiency3
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Asset Turnover
0.2
0.2
·
0.1
0.1
0.1
·
0.1
0.1
0.1
·
0.1
0.1
0.1
·
0.1
Inventory Turnover
0.5
0.5
·
0.5
0.4
0.4
·
0.5
0.5
0.4
·
0.5
0.6
0.6
·
0.6
Receivables Turnover
1.7
1.6
·
1.7
1.8
1.8
·
2.0
2.1
2.0
·
2.1
2.1
2.0
·
2.0
Per Share5
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Book Value / Share
$11.60
$11.50
·
$13.41
$13.36
$13.46
·
$12.13
$12.13
$9.04
·
$9.80
$10.10
$10.61
·
$11.51
Revenue / Share
$3.16
$2.60
·
$2.33
$2.17
$1.88
·
$1.76
$1.89
$1.73
·
$1.60
$1.67
$1.54
·
$1.50
Cash Flow / Share
·
$-0.22
·
·
·
$-0.33
·
·
·
$-0.68
·
·
·
$-0.64
·
·
Cash / Share
$1.95
$1.79
·
$1.71
$1.76
$2.01
·
$1.82
$1.24
$0.85
·
$2.24
$1.96
$1.59
·
$2.18
EPS (TTM)
$-3.27
$-3.30
·
$-1.50
$-1.61
$-2.27
·
$-2.96
$-3.20
$-2.88
·
$-2.69
$-2.64
$-2.92
·
$-1.89
Valuation (TTM)9
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Revenue TTM
$613M
$551M
·
$470M
$433M
$405M
·
$360M
$342M
$326M
·
$304M
$297M
$289M
·
$285M
Net Income TTM
$-188M
$-189M
·
$-88M
$-93M
$-124M
·
$-150M
$-159M
$-141M
·
$-129M
$-126M
$-139M
·
$-90M
Market Cap
$8.23B
$6.28B
·
$4.68B
$5.91B
$5.58B
·
$7.18B
$6.49B
$4.70B
·
$3.67B
$3.45B
$2.40B
·
$2.54B
P/E
-42.7
-32.6
·
-54.4
-64.2
-43.4
·
-44.0
-37.0
-32.7
·
-28.0
-27.0
-17.2
·
-28.2
P/S
13.4
11.4
·
10.0
13.7
13.8
·
19.9
19.0
14.4
·
12.1
11.6
8.3
·
8.9
P/B
12.1
9.4
·
6.1
7.7
7.3
·
10.7
9.8
10.4
·
7.7
7.0
4.7
·
4.6
P / Tangible Book
16.8
13.3
·
10.7
13.8
12.7
·
21.6
20.1
45.8
·
30.0
27.1
17.1
·
15.1
P / Cash Flow
·
-501.6
·
·
·
-301.5
·
·
·
-138.8
·
·
·
-78.1
·
·
Earnings Yield
-2.3%
-3.1%
·
-1.8%
-1.6%
-2.3%
·
-2.3%
-2.7%
-3.0%
·
-3.6%
-3.7%
-5.8%
·
-3.5%
Most recent period on the left · null values shown as ·
Financial Statements
Income statement, balance sheet, cash flow — annual, last 5 years
16
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Revenue
$507M
$383M
$315M
$283M
$294M
Gross Margin %
55.7%
75.5%
76.0%
75.6%
77.3%
Operating Margin %
-39.3%
-31.9%
-40.9%
-29.1%
-11.2%
Net Income
$-188M
$-146M
$-135M
$-99M
$-50M
Diluted EPS
$-3.28
$-2.77
$-2.78
$-2.09
$-1.07
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Current Ratio
4.7
6.0
5.3
6.1
7.7
Quick Ratio
2.0
3.1
1.8
2.2
2.1
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Free Cash Flow
$-22M
$-68M
$-78M
$-63M
$-23M
Institutional owners (13F)
390 filers
· $8.9B total
· As of Sept. 30, 2026
17
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Holders390
Value held$8.9B
New positions69
Exited positions37
Institutional activity — Q2 2026 vs prior quarter
New positions
Exited positions
Increased
Decreased
Net shares change
69 (+8 vs prior Q)
37 (+1 vs prior Q)
151 (+45 vs prior Q)
103 (-30 vs prior Q)
+166K
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
Company insiders
18 insiders
· 6 officers · 13 directors