MDB MongoDB, Inc. - Class A Common Stock
About MongoDB, Inc. - Class A Common Stock Company overview from Wikipedia
MongoDB, Inc. is an American software company that develops and provides commercial support for the source-available database engine MongoDB, a database for unstructured data. Over the years, the company has expanded the product from its NoSQL roots to have broader appeal to enterprise customers, such as adding ACID and transactions.
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MongoDB, Inc. is an American software company that develops and provides commercial support for the source-available database engine MongoDB, a database for unstructured data. Over the years, the company has expanded the product from its NoSQL roots to have broader appeal to enterprise customers, such as adding ACID and transactions.
In 2016, the company introduced a SaaS version of the product, called Atlas. As of 2025 there were 59,000 MongoDB customers.
In 2018, the company abandoned AGPL licensing of its product and in its stead introduced the Server Side Public License, which is not OSI-approved.
Etymology
The name "Mongo" was originally a reference to the character from Blazing Saddles, however it was later back-named to be an abbreviation of humongous .
History
The company was first established in 2007 as 10gen. Based in New York City, 10gen was founded by former DoubleClick founder and CTO Dwight Merriman and former DoubleClick CEO and Gilt Groupe founder Kevin P. Ryan with former DoubleClick engineer and ShopWiki founder and CTO Eliot Horowitz and received $81 million in venture capital funding from Flybridge Capital Partners, In-Q-Tel, Intel Capital, New Enterprise Associates (NEA), Red Hat, Sequoia Capital, and Union Square Ventures. 10gen originally aimed to build a platform as a service architecture based entirely on open source components; however, the company was unable to find an existing database platform that met their principles for a cloud architecture. As a result, the company began to develop a document-oriented database system it called MongoDB. After realizing the potential of the software on its own, 10gen's team decided to scrap its cloud platform and focus on maintaining MongoDB instead. In February 2009, 10gen released MongoDB as an open source project. 10gen opened its first west coast office in August 2010, having offices in Palo Alto, Reston, London, Dublin, Barcelona, and Sydney by 2012.
In September 2012, 10gen was in The Wall Street Journal's The Next Big Thing 2012.
On August 27, 2013, 10gen announced that it would change its name to MongoDB Inc., associating itself more closely with what became its flagship products.
In 2013, the Identification Authority of India adopted MongoDB's software to analyze registration trends for new identity documents used to obtain government benefits in India. This raised concerns of potential espionage, since at-the-time MongoDB was partially funded by the United States CIA venture capital arm, In-Q-Tel. As of 2013, there is no evidence in the public domain the CIA actually has any influence over MongoDB.
On August 5, 2014, Dev Ittycheria was appointed president and chief executive officer.
By 2017, MongoDB had raised $311 million in funding from venture capitalists. MongoDB filed for an initial public offering on September 21, 2017 and went public on NASDAQ that October 20. It raised $192 million, valuing the company at $1.6 billion overall. Its market capitalization varied greatly afterwards, reaching $39 billion in 2021 and coming back down to $10 billion by 2024.
MongoDB acquired database engine company WiredTiger in 2014, followed by database-as-a-service company MLab for $68 million in 2018. The following year, in 2019, MongoDB acquired a mobile-focused database company called Realm for $39 million.
A secondary public offering was held on June 29, 2021. In 2022, MongoDB established its own venture capital fund.
On November 3, 2025, MongoDB announced that its Board of Directors has appointed Chirantan “CJ” Desai as President and Chief Executive Officer (“CEO”), effective November 10, 2025.
Recent developments
In February 2025, MongoDB acquired Voyage AI, a provider of advanced embedding and reranking models, to integrate AI-powered semantic search directly into its database platform. The company simultaneously announced a $200 million stock buyback program.
For fiscal year 2026 (ending January 2026), MongoDB reported total revenue of $2.46 billion, up 23% year-over-year, with Atlas cloud revenue growing 29% and representing 73% of total revenue. The company surpassed 65,200 total customers.
Software
As of 2025, MongoDB was the fifth most popular database software. It focuses mostly on managing large databases of unstructured data. It's typically used for mobile and web apps that commonly use unstructured databases. As of 2024, there were 50,000 MongoDB customers. MongoDB was originally best known as a NoSQL database product. The company released a database as-a-service product called Atlas in 2016 that became 70 percent of MongoDB's revenue by 2024. Over time, MongoDB added analytics, transactional databases, encryption, vector databases, ACID, migration features, and other enterprise tools. Initially, the MongoDB software was free and open source under the AGPL license. MongoDB adopted an SSPL (server side public license) for future releases starting in 2018.
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MDB Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
MDB Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
10-Year Performance Revenue, net income, margins and EPS trends
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Financial Health Debt, liquidity, solvency — balance sheet strength
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
MDB Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
- Strong Buy 15 31.9%
- Buy 23 48.9%
- Hold 9 19.1%
- Sell 0 0.0%
- Strong Sell 0 0.0%
12-Month Price Target
36 analysts · 2026-08-15Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| March 31, 2027 | $1.32 | $1.19 | — |
| June 30, 2026 | $1.32 | $1.20 | 0.12% |
| March 31, 2026 | $1.65 | $1.46 | 0.19% |
| Dec. 31, 2025 | $1.32 | $0.80 | 0.52% |
| Sept. 30, 2025 | $1.00 | $0.67 | 0.33% |
| June 30, 2025 | $1.00 | $0.67 | 0.33% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| MDB | $30.35B | -428.5 | 22.8% | -2.9% | -2.4% | 71.8% |
| SNOW | $66.35B | -48.8 | 29.2% | -28.4% | -54.1% | 67.2% |
| NET | — | -679.8 | 29.8% | — | — | — |
| CRWV | $35.95B | -25.5 | 167.9% | -22.7% | -39.0% | — |
| TWLO | $21.68B | 677.3 | 13.7% | 0.67% | 0.43% | 48.9% |
| VRSN | $22.33B | 117.4 | 6.4% | 49.8% | -39.8% | — |
| OKTA | — | 65.5 | 11.8% | 8.1% | 3.4% | 77.4% |
| AKAM | $12.63B | 28.4 | 5.4% | 10.7% | 9.6% | — |
| DOCN | $4.42B | 19.1 | 15.5% | 28.8% | -254.3% | 59.9% |
| GDDY | $16.72B | 19.9 | 8.3% | 17.7% | 282.5% | — |
| APLD | $13.61B | -52.0 | 167.5% | -30.1% | -11.6% | — |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 18
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.46B | $2.01B | $1.68B | $1.28B | $874M | $590M | $422M | $267M | $166M | $115M | $65M | |
| Cost of Revenue | $696M | $535M | $424M | $349M | $259M | $177M | $125M | $74M | $43M | $30M | $21M | |
| Gross Profit | $1.77B | $1.47B | $1.26B | $935M | $614M | $413M | $296M | $193M | $123M | $85M | $44M | |
| R&D Expense | $716M | $597M | $516M | $422M | $309M | $205M | $149M | $90M | $62M | $52M | $43M | |
| SG&A Expense | $244M | $219M | $194M | $160M | $123M | $92M | $71M | $53M | $37M | $27M | $17M | |
| Operating Expenses | $1.90B | $1.69B | $1.49B | $1.28B | $904M | $623M | $444M | $291M | $208M | $154M | $117M | |
| Operating Income | $-137M | $-216M | $-234M | $-347M | $-289M | $-209M | $-148M | $-98M | $-85M | $-69M | $-73M | |
| Interest Expense | $3M | $8M | $9M | $10M | $11M | $56M | $21M | $10M | $8.0K | $9.0K | $24.0K | |
| Interest Income | · | · | · | · | · | · | · | · | $1M | $302.0K | $146.0K | |
| Other Non-op | $-4M | $-3M | $-635.0K | $-2M | $-3M | $-2M | $-16M | $-1M | $895.0K | $-308.0K | $-428.0K | |
| Pretax Income | $-56M | $-132M | $-164M | $-333M | $-303M | $-263M | $-176M | $-102M | $-83M | $-69M | $-73M | |
| Income Tax | $15M | $-3M | $13M | $12M | $4M | $4M | $-656.0K | $-3M | $1M | $719.0K | $442.0K | |
| Net Income | $-71M | $-129M | $-177M | $-345M | $-307M | $-267M | $-176M | $-99M | $-84M | $-70M | $-73M | |
| EPS (Basic) | $-0.88 | $-1.73 | $-2.48 | $-5.03 | $-4.75 | $-4.53 | · | · | · | · | · | |
| EPS (Diluted) | $-0.88 | $-1.73 | $-2.48 | $-5.03 | $-4.75 | $-4.53 | · | · | · | · | · | |
| Shares (Basic) | 81,246,520 | 74,555,001 | 71,248,982 | 68,628,267 | 64,563,032 | 58,984,604 | · | · | · | · | · | |
| Shares (Diluted) | 81,246,520 | 74,555,001 | 71,248,982 | 68,628,267 | 64,563,032 | 58,984,604 | · | · | · | · | · | |
| EBITDA | $-115M | $-204M | $-215M | $-331M | $-276M | $-195M | $-135M | $-92M | $-94M | · | · |
Balance Sheet 27
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.08B | $490M | $803M | $456M | $474M | $430M | $706M | $148M | $62M | $69M | $33M | |
| Receivables | $499M | $393M | $326M | $285M | $195M | $135M | $86M | $73M | $51M | $31M | · | |
| Prepaid Expense | $97M | $81M | $50M | $31M | $33M | $12M | $17M | $12M | $6M | $3M | · | |
| Current Assets | $3.11B | $2.92B | $2.48B | $2.24B | $2.12B | $1.14B | $1.11B | $566M | $347M | $158M | · | |
| PP&E (Net) | $40M | $46M | $53M | $58M | $63M | $62M | $58M | $74M | $60M | $5M | · | |
| PP&E (Gross) | · | $76M | $78M | $76M | $74M | $70M | $64M | $77M | $72M | $15M | · | |
| Accum. Depreciation | · | $30M | $25M | $19M | $12M | $8M | $6M | $3M | $12M | $10M | · | |
| Goodwill | $191M | $70M | $70M | $70M | $58M | $56M | $56M | $42M | $2M | $2M | · | |
| Intangibles | $35M | $25M | $4M | $11M | $21M | $26M | $35M | $16M | $2M | $3M | · | |
| Other Non-current Assets | $323M | $311M | $218M | $182M | $147M | $86M | $55M | $35M | $22M | $7M | · | |
| Total Assets | $3.76B | $3.43B | $2.87B | $2.59B | $2.45B | $1.41B | $1.33B | $733M | $433M | $174M | · | |
| Accounts Payable | $20M | $10M | $10M | $8M | $5M | $4M | $3M | $2M | $2M | $3M | · | |
| Accrued Liabilities | $110M | $88M | $75M | $53M | $49M | $56M | $27M | $14M | $8M | $5M | · | |
| Current Liabilities | $669M | $562M | $564M | $589M | $527M | $355M | $242M | $165M | $113M | $98M | · | |
| Capital Leases | $24M | $27M | $31M | $36M | $39M | $39M | $8M | $0 | · | · | · | |
| Deferred Tax | $352.0K | $262.0K | $285.0K | $225.0K | $81.0K | $773.0K | $821.0K | $106.0K | $18.0K | $108.0K | · | |
| Other Non-current Liabilities | $29M | $33M | $42M | $53M | $58M | $59M | $60M | $69M | $55M | $0 | · | |
| Total Liabilities | $806M | $648M | $1.80B | $1.85B | $1.78B | $1.41B | $1.25B | $469M | $185M | $116M | · | |
| Long-term Debt | · | · | · | · | · | · | · | $217M | · | · | · | |
| Common Stock | $81.0K | $78.0K | $73.0K | $70.0K | $67.0K | · | · | · | · | · | · | |
| Paid-in Capital | $5.35B | $4.63B | $2.78B | $2.28B | $1.86B | $932M | $752M | $755M | $639M | $63M | · | |
| Retained Earnings | $-1.91B | $-1.84B | $-1.71B | $-1.54B | $-1.19B | $-935M | $-668M | $-489M | $-390M | $-347M | · | |
| Treasury Stock | $495M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | · | |
| AOCI | $13M | $-924.0K | $5M | $-905.0K | $-3M | $-704.0K | $225.0K | $-174.0K | $-159.0K | $-364.0K | · | |
| Stockholders' Equity | $2.95B | $2.78B | $1.07B | $740M | $667M | $-5M | $83M | $265M | $248M | $-245M | $-229M | |
| Liabilities + Equity | $3.76B | $3.43B | $2.87B | $2.59B | $2.45B | $1.41B | $1.33B | $733M | $433M | $174M | · | |
| Shares Outstanding | 80,492,774 | 80,467,811 | 72,741,321 | 69,906,586 | 67,444,360 | 60,898,451 | 57,382,543 | 54,321,810 | 50,575,571 | 13,093,621 | 11,565,764 |
Cash Flow 16
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $22M | $12M | $19M | $16M | $14M | $14M | $13M | $6M | $4M | $4M | $4M | |
| Stock-based Comp | $550M | $494M | $457M | $381M | $251M | $149M | $76M | $37M | $21M | $21M | $13M | |
| Deferred Tax | $-3M | $-17M | $-1M | $-571.0K | $-3M | $-364.0K | $-3M | $-5M | $-294.0K | $-4.0K | $-2.0K | |
| Amort. of Intangibles | $15M | $3M | $11M | $9M | $9M | $8M | $10M | $2M | $900.0K | $900.0K | $900.0K | |
| Other Non-cash | $7M | $-210M | $-177M | $-65M | $52M | $61M | $61M | $19M | $27M | · | · | |
| Operating Cash Flow | $505M | $150M | $121M | $-13M | $7M | $-43M | $-30M | $-42M | $-45M | $-38M | $-47M | |
| CapEx | $5M | $30M | $6M | $7M | $8M | $12M | $4M | $7M | $2M | $2M | $468.0K | |
| Investing Cash Flow | $539M | $-657M | $188M | $-33M | $-852M | $-263M | $-2M | $-160M | $-172M | $31M | $-80M | |
| Stock Issued | · | · | $0 | $0 | $889M | $0 | $0 | $11M | $0 | $0 | · | |
| Stock Repurchased | $400M | $0 | $0 | $0 | $0 | $11.0K | $43.0K | $327.0K | $242.0K | $48.0K | $17.0K | |
| Net Stock Activity | $-400M | · | $0 | $0 | $889M | $19M | $13M | $10M | $-242.0K | · | · | |
| Financing Cash Flow | $-462M | $202M | $38M | $30M | $891M | $28M | $589M | $288M | $210M | $43M | $3M | |
| Net Change in Cash | $594M | $-311M | $347M | $-18M | $44M | $-276M | $558M | $86M | $-7M | $36M | $-124M | |
| Taxes Paid | $14M | $15M | $14M | $11M | $6M | $2M | $3M | $984.0K | $1M | $411.0K | $522.0K | |
| Free Cash Flow | $500M | $121M | $115M | $-20M | $-1M | $-54M | $-33M | $-49M | $-47M | · | · | |
| Levered FCF | $496M | $113M | $105M | $-30M | $-13M | $-111M | $-54M | $-59M | $-47M | · | · |
Profitability 8
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 71.8% | 73.3% | 74.8% | 72.8% | 70.3% | 70.0% | 70.3% | 72.5% | 72.3% | · | · | |
| Operating Margin | -5.6% | -10.8% | -13.9% | -27.0% | -33.1% | -35.4% | -35.1% | -36.6% | -62.9% | · | · | |
| Net Margin | -2.9% | -6.4% | -10.5% | -26.9% | -35.1% | -45.2% | -41.6% | -37.1% | -62.4% | · | · | |
| Pretax Margin | -2.3% | -6.6% | -9.7% | -25.9% | -34.7% | -44.5% | -41.8% | -38.3% | -61.5% | · | · | |
| EBITDA Margin | -4.7% | -10.2% | -12.8% | -25.7% | -31.6% | -33.1% | -32.0% | -34.4% | -60.6% | · | · | |
| ROA | -2.0% | -4.1% | -6.5% | -13.7% | -15.9% | -19.5% | -17.0% | -17.0% | -32.7% | · | · | |
| ROE | -2.4% | -6.0% | -17.3% | -48.5% | -46.2% | -3183.4% | -116.4% | -37.3% | 376.1% | · | · | |
| ROIC | -5.9% | -7.6% | -23.6% | -48.6% | -44.0% | 4225.9% | -177.8% | -35.8% | -50.9% | · | · |
Liquidity & Solvency 3
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 4.7 | 5.2 | 4.4 | 3.8 | 4.0 | 3.2 | 4.6 | 3.4 | 2.4 | · | · | |
| Quick Ratio | 2.4 | 1.6 | 2.0 | 1.3 | 1.3 | 1.6 | 3.3 | 1.3 | 0.8 | · | · | |
| Interest Coverage | -43.8 | -26.7 | -24.9 | -35.4 | -25.6 | -3.7 | -7.0 | -9.5 | -12158.4 | · | · |
Efficiency 2
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.7 | 0.6 | 0.6 | 0.5 | 0.5 | 0.4 | 0.4 | 0.5 | 0.5 | · | · | |
| Receivables Turnover | 5.5 | 5.6 | 5.5 | 5.3 | 5.3 | 5.3 | 5.3 | 4.3 | 4.0 | · | · |
Growth Rates 3
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 22.8% | 19.2% | 31.1% | 46.9% | 48.0% | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 24.3% | 31.9% | 41.8% | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 33.1% | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM) 10
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $2.46B | $2.01B | $1.68B | $1.28B | $874M | $590M | $422M | $267M | $166M | · | · | |
| Net Income TTM | $-71M | $-129M | $-177M | $-345M | $-307M | $-267M | $-176M | $-99M | $-84M | · | · | |
| Market Cap | $30.35B | $21.99B | $29.13B | $14.97B | $27.32B | $22.51B | $9.41B | $5.02B | $1.37B | · | · | |
| P/E | -428.5 | -158.0 | -161.5 | -42.6 | -85.3 | -81.6 | · | · | · | · | · | |
| P/S | 12.3 | 11.0 | 17.3 | 11.7 | 31.3 | 38.1 | 22.3 | 18.8 | 8.3 | · | · | |
| P/B | 10.3 | 7.9 | 27.3 | 20.2 | 41.0 | -4472.2 | 113.5 | 19.0 | 7.1 | · | · | |
| P / Tangible Book | 11.1 | 8.2 | 29.3 | 22.7 | 46.4 | · | · | · | · | · | · | |
| P / Cash Flow | 60.1 | 146.4 | 239.8 | -1154.6 | 3914.4 | -527.5 | -318.4 | -119.5 | -30.5 | · | · | |
| P / FCF | 60.7 | 182.3 | 252.5 | -740.8 | -25020.5 | -413.4 | -284.1 | -102.7 | -29.2 | · | · | |
| Earnings Yield | -0.23% | -0.63% | -0.62% | -2.4% | -1.2% | -1.2% | · | · | · | · | · |
Income Statement 17
| Metric | Trend | Q1 2027 | Q4 2026 | Q3 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $688M | $695M | $628M | $591M | $549M | $548M | $529M | $478M | $451M | $458M | $433M | $424M | $368M | $361M | $334M | $304M | |
| Cost of Revenue | $191M | $187M | $179M | $171M | $158M | $149M | $135M | $128M | $123M | $115M | $107M | $105M | $97M | $89M | $94M | $88M | |
| Gross Profit | $496M | $508M | $449M | $420M | $391M | $399M | $394M | $350M | $328M | $343M | $326M | $318M | $271M | $272M | $240M | $215M | |
| R&D Expense | $200M | $189M | $177M | $182M | $169M | $150M | $151M | $149M | $146M | $146M | $128M | $125M | $117M | $111M | $106M | $108M | |
| SG&A Expense | $71M | $70M | $60M | $59M | $55M | $55M | $53M | $51M | $61M | $58M | $50M | $46M | $40M | $44M | $39M | $41M | |
| Operating Expenses | $521M | $507M | $468M | $485M | $445M | $418M | $422M | $421M | $426M | $414M | $371M | $367M | $339M | $345M | $323M | $330M | |
| Operating Income | $-25M | $304.0K | $-18M | $-65M | $-54M | $-19M | $-28M | $-71M | $-98M | $-71M | $-45M | $-49M | $-69M | $-73M | $-83M | $-115M | |
| Interest Expense | $853.0K | $-212.0K | $801.0K | $1M | $1M | $2M | $2M | $2M | $2M | $2M | $2M | $3M | $2M | $2M | $2M | $2M | |
| Other Non-op | $15M | $-1M | $-585.0K | $10.0K | $-2M | $-96.0K | $-824.0K | $-1M | $-1M | $-1M | $1M | $-2M | $1M | $-2M | $-1M | $-224.0K | |
| Pretax Income | $9M | $19M | $1M | $-43M | $-33M | $4M | $-7M | $-51M | $-78M | $-52M | $-26M | $-34M | $-52M | $-61M | $-80M | $-116M | |
| Income Tax | $4M | $4M | $3M | $4M | $4M | $-12M | $3M | $4M | $3M | $3M | $4M | $4M | $2M | $3M | $5M | $3M | |
| Net Income | $4M | $16M | $-2M | $-47M | $-38M | $16M | $-10M | $-55M | $-81M | $-55M | $-29M | $-38M | $-54M | $-64M | $-85M | $-119M | |
| EPS (Basic) | $0.06 | $0.18 | $-0.02 | $-0.58 | $-0.46 | $0.24 | $-0.13 | $-0.74 | $-1.10 | $-0.77 | $-0.41 | $-0.53 | $-0.77 | $-0.92 | $-1.23 | $-1.74 | |
| EPS (Diluted) | $0.05 | · | · | · | $-0.46 | · | · | · | · | · | · | · | · | · | · | · | |
| Shares (Basic) | 80,357,498 | -162,294,389 | 81,401,853 | 81,078,234 | 81,060,822 | -145,999,160 | 74,020,593 | 73,543,427 | 72,990,141 | -141,362,657 | 71,560,023 | 70,874,117 | 70,177,499 | -136,329,512 | 68,916,813 | 68,334,464 | |
| Shares (Diluted) | 81,581,387 | · | · | · | 81,060,822 | · | · | · | · | · | · | · | · | · | · | · | |
| EBITDA | $-19M | · | $-18M | $-65M | $-48M | · | $-28M | $-71M | $-93M | · | $-45M | $-49M | $-64M | · | $-83M | $-115M |
Balance Sheet 24
| Metric | Trend | Q1 2027 | Q4 2026 | Q3 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.04B | $1.08B | $834M | $647M | $658M | $490M | $673M | $1.29B | $816M | $803M | $478M | $607M | $722M | $456M | $1000M | $651M | |
| Receivables | $387M | $499M | $416M | $350M | $313M | $393M | $335M | $311M | $266M | · | $272M | $272M | $212M | · | $231M | $213M | |
| Prepaid Expense | $115M | $97M | $87M | $90M | $89M | $81M | $54M | $48M | $219M | · | $37M | $37M | $34M | · | $26M | $28M | |
| Current Assets | $3.06B | $3.11B | $2.93B | $2.90B | $2.97B | $2.92B | $2.79B | $2.72B | $2.65B | · | $2.32B | $2.29B | $2.23B | · | $2.12B | $2.11B | |
| PP&E (Net) | $41M | · | $41M | $42M | $44M | · | $47M | $48M | $50M | · | $55M | $54M | $55M | · | $59M | $62M | |
| Goodwill | $191M | $191M | $190M | $190M | $190M | $70M | $70M | $70M | $70M | · | $70M | $58M | $58M | $58M | $58M | $58M | |
| Intangibles | $31M | $35M | $38M | $42M | $46M | $25M | $963.0K | $1M | $1M | · | $7M | $7M | $9M | · | $14M | $16M | |
| Other Non-current Assets | $317M | $323M | $312M | $309M | $316M | $311M | $271M | $248M | $222M | · | $199M | $189M | $183M | · | $169M | $159M | |
| Total Assets | $3.69B | $3.76B | $3.57B | $3.54B | $3.62B | $3.43B | $3.22B | $3.13B | $3.03B | · | $2.69B | $2.65B | $2.58B | · | $2.47B | $2.45B | |
| Accounts Payable | $42M | $20M | $15M | $10M | $9M | $10M | $11M | $10M | $9M | · | $9M | $8M | $8M | · | $8M | $7M | |
| Accrued Liabilities | $111M | $110M | $101M | $104M | $89M | $88M | $87M | $101M | $84M | · | $67M | $55M | $50M | · | $53M | $74M | |
| Current Liabilities | $618M | $669M | $558M | $510M | $505M | $562M | $1.64B | $541M | $537M | · | $490M | $512M | $533M | · | $518M | $525M | |
| Capital Leases | $21M | $24M | $25M | $26M | $28M | $27M | $28M | $29M | $28M | · | $33M | $37M | $36M | · | $37M | $40M | |
| Deferred Tax | $358.0K | $352.0K | $560.0K | $707.0K | $577.0K | $262.0K | $1M | $1M | $770.0K | · | $1M | $907.0K | $598.0K | · | $406.0K | $95.0K | |
| Other Non-current Liabilities | $27M | $29M | $28M | $29M | $33M | $33M | $35M | $37M | $38M | · | $43M | $51M | $53M | · | $54M | $55M | |
| Total Liabilities | $758M | $806M | $678M | $599M | $591M | $648M | $1.72B | $1.77B | $1.77B | · | $1.73B | $1.76B | $1.79B | · | $1.78B | $1.78B | |
| Common Stock | $81.0K | · | $81.0K | $81.0K | $80.0K | · | $73.0K | $73.0K | $73.0K | · | $72.0K | $72.0K | $71.0K | · | $69.0K | $69.0K | |
| Paid-in Capital | $4.84B | $5.35B | $5.15B | $5.06B | $4.90B | $4.63B | $3.36B | $3.21B | $3.07B | · | $2.63B | $2.52B | $2.38B | · | $2.16B | $2.06B | |
| Retained Earnings | $-1.91B | $-1.91B | $-1.93B | $-1.93B | $-1.88B | $-1.84B | $-1.86B | $-1.85B | $-1.79B | · | $-1.66B | $-1.63B | $-1.59B | · | $-1.47B | $-1.39B | |
| Treasury Stock | $8M | $495M | $347M | $201M | $1M | $1M | $1M | $1M | $1M | · | $1M | $1M | $1M | · | $1M | $1M | |
| AOCI | $7M | $13M | $10M | $6M | $13M | $-924.0K | $3M | $901.0K | $-6M | · | $-9M | $-4M | $834.0K | · | $-4M | $-4M | |
| Stockholders' Equity | $2.93B | $2.95B | $2.89B | $2.94B | $3.03B | $2.78B | $1.50B | $1.36B | $1.27B | $1.07B | $968M | $885M | $792M | $740M | $684M | $668M | |
| Liabilities + Equity | $3.69B | $3.76B | $3.57B | $3.54B | $3.62B | $3.43B | $3.22B | $3.13B | $3.03B | · | $2.69B | $2.65B | $2.58B | · | $2.47B | $2.45B | |
| Shares Outstanding | 80,503,576 | 80,492,774 | 81,357,418 | 81,546,068 | 81,715,778 | 80,467,811 | 74,393,775 | 73,863,712 | 73,350,595 | 72,741,321 | 71,959,476 | 71,343,385 | 70,531,307 | 69,906,586 | 69,255,675 | 68,686,532 |
Cash Flow 15
| Metric | Trend | Q1 2027 | Q4 2026 | Q3 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $6M | $6M | $6M | $6M | $5M | $2M | $2M | $2M | $5M | $6M | $5M | $4M | $4M | $4M | $4M | $4M | |
| Stock-based Comp | $138M | $144M | $134M | $140M | $132M | $125M | $126M | $122M | $121M | $124M | $116M | $113M | $104M | $102M | $99M | $97M | |
| Amort. of Intangibles | $4M | $4M | $4M | $4M | $3M | $300.0K | $200.0K | $100.0K | $3M | $5M | $3M | $100.0K | $2M | $2M | $2M | $2M | |
| Other Non-cash | $54M | · | · | · | $10M | · | · | · | $19M | · | · | · | $-352.0K | · | · | · | |
| Operating Cash Flow | $202M | $180M | $144M | $72M | $110M | $51M | $37M | $-1M | $64M | $55M | $38M | $-25M | $54M | $26M | $-6M | $-45M | |
| CapEx | $2M | $1M | $2M | $537.0K | $2M | $26M | $2M | $1M | $539.0K | $3M | $2M | $635.0K | $623.0K | $711.0K | $1M | $3M | |
| Investing Cash Flow | $-87M | $167M | $231M | $90M | $52M | $-246M | $-653M | $290M | $-48M | $252M | $-165M | $-110M | $211M | $-585M | $356M | $225M | |
| Stock Issued | · | · | · | · | · | · | · | · | · | · | · | · | · | · | $0 | · | |
| Stock Repurchased | $100M | $57M | $149M | $194M | $0 | $0 | $0 | · | · | · | · | · | · | · | · | · | |
| Net Stock Activity | $-100M | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | |
| Financing Cash Flow | $-160M | $-100M | $-188M | $-172M | $-2M | $16M | $-580.0K | $188M | $-1M | $18M | $-77.0K | $20M | $130.0K | $13M | $47.0K | $16M | |
| Net Change in Cash | $-47M | $249M | $187M | $-10M | $168M | $-183M | $-617M | $476M | $13M | $325M | $-129M | $-114M | $266M | $-544M | $348M | $195M | |
| Taxes Paid | $4M | $4M | $187.0K | $7M | $4M | $3M | $7M | $2M | $3M | $5M | $3M | $3M | $3M | $4M | $3M | $3M | |
| Free Cash Flow | $199M | · | · | · | $108M | · | · | · | $63M | · | · | · | $53M | · | · | · | |
| Levered FCF | $199M | · | · | · | $107M | · | · | · | $61M | · | · | · | $51M | · | · | · |
Profitability 8
| Metric | Trend | Q1 2027 | Q4 2026 | Q3 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 72.2% | · | 71.5% | 71.0% | 71.2% | · | 74.4% | 73.2% | 72.8% | · | 75.3% | 75.1% | 73.5% | · | 71.9% | 70.9% | |
| Operating Margin | -3.6% | · | -2.9% | -11.0% | -9.8% | · | -5.3% | -14.9% | -21.8% | · | -10.4% | -11.6% | -18.6% | · | -24.9% | -37.8% | |
| Net Margin | 0.64% | · | -0.32% | -8.0% | -6.9% | · | -1.8% | -11.4% | -17.9% | · | -6.8% | -8.9% | -14.7% | · | -25.4% | -39.1% | |
| Pretax Margin | 1.3% | · | 0.21% | -7.3% | -6.1% | · | -1.3% | -10.6% | -17.3% | · | -5.9% | -8.0% | -14.1% | · | -23.9% | -38.1% | |
| EBITDA Margin | -2.8% | · | -2.9% | -11.0% | -8.8% | · | -5.3% | -14.9% | -20.7% | · | -10.4% | -11.6% | -17.4% | · | -24.9% | -37.8% | |
| ROA | 0.12% | · | -0.06% | -1.4% | -1.1% | · | -0.33% | -1.9% | -2.9% | · | -1.1% | -1.5% | -2.2% | · | -3.5% | -5.0% | |
| ROE | 0.15% | · | -0.09% | -2.2% | -1.8% | · | -0.79% | -4.9% | -7.8% | · | -3.5% | -4.8% | -7.4% | · | -12.6% | -17.7% | |
| ROIC | -0.43% | · | 0.95% | -2.4% | -2.0% | · | -2.5% | -5.6% | -8.0% | · | -5.3% | -6.1% | -9.1% | · | -12.9% | -17.6% |
Liquidity & Solvency 3
| Metric | Trend | Q1 2027 | Q4 2026 | Q3 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 4.9 | · | 5.3 | 5.7 | 5.9 | · | 1.7 | 5.0 | 4.9 | · | 4.7 | 4.5 | 4.2 | · | 4.1 | 4.0 | |
| Quick Ratio | 2.3 | · | 2.2 | 2.0 | 1.9 | · | 0.6 | 3.0 | 2.0 | · | 1.5 | 1.7 | 1.8 | · | 2.4 | 1.6 | |
| Interest Coverage | -29.1 | · | -23.0 | -44.3 | -50.2 | · | -12.2 | -31.3 | -51.8 | · | -23.0 | -18.8 | -28.6 | · | -33.2 | -47.3 |
Efficiency 2
| Metric | Trend | Q1 2027 | Q4 2026 | Q3 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.1 | · | 0.1 | 0.1 | |
| Receivables Turnover | 2.0 | · | 1.7 | 1.8 | 1.9 | · | 1.7 | 1.6 | 1.9 | · | 1.7 | 1.7 | 2.0 | · | 1.6 | 1.8 |
Valuation (TTM) 8
| Metric | Trend | Q1 2027 | Q4 2026 | Q3 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $2.46B | · | $2.30B | $2.15B | $2.01B | · | $1.89B | $1.79B | $1.68B | · | $1.56B | $1.43B | $1.29B | · | $1.15B | $1.01B | |
| Net Income TTM | $-82M | · | $-96M | $-149M | $-183M | · | $-174M | $-202M | $-202M | · | $-206M | $-296M | $-335M | · | $-362M | $-355M | |
| Market Cap | $20.19B | · | $29.27B | $19.40B | $14.07B | · | $20.12B | $18.64B | $26.79B | · | $24.80B | $30.21B | $16.92B | · | $12.68B | $21.46B | |
| P/S | 8.2 | · | 12.7 | 9.0 | 7.0 | · | 10.6 | 10.4 | 16.0 | · | 15.9 | 21.1 | 13.1 | · | 11.0 | 21.2 | |
| P/B | 6.9 | · | 10.1 | 6.6 | 4.6 | · | 13.4 | 13.7 | 21.1 | · | 25.6 | 34.1 | 21.4 | · | 18.5 | 32.1 | |
| P / Tangible Book | 7.4 | · | 11.0 | 7.2 | 5.0 | · | 14.1 | 14.4 | 22.4 | · | 27.8 | 36.8 | 23.3 | · | 20.7 | 36.1 | |
| P / Cash Flow | 100.1 | · | · | · | 128.0 | · | · | · | 421.1 | · | · | · | 315.0 | · | · | · | |
| P / FCF | 101.3 | · | · | · | 129.9 | · | · | · | 424.7 | · | · | · | 318.7 | · | · | · |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2026-01-31 | 2025-01-31 | 2024-01-31 | 2023-01-31 | 2022-01-31 | |
|---|---|---|---|---|---|
| Revenue | $2.46B | $2.01B | $1.68B | $1.28B | $874M |
| Gross Margin % | 71.8% | 73.3% | 74.8% | 72.8% | 70.3% |
| Operating Margin % | -5.6% | -10.8% | -13.9% | -27.0% | -33.1% |
| Net Income | $-71M | $-129M | $-177M | $-345M | $-307M |
| Diluted EPS | $-0.88 | $-1.73 | $-2.48 | $-5.03 | $-4.75 |
Balance Sheet
| 2026-01-31 | 2025-01-31 | 2024-01-31 | 2023-01-31 | 2022-01-31 | |
|---|---|---|---|---|---|
| Current Ratio | 4.7 | 5.2 | 4.4 | 3.8 | 4.0 |
| Quick Ratio | 2.4 | 1.6 | 2.0 | 1.3 | 1.3 |
Cash Flow
| 2026-01-31 | 2025-01-31 | 2024-01-31 | 2023-01-31 | 2022-01-31 | |
|---|---|---|---|---|---|
| Free Cash Flow | $500M | $121M | $115M | $-20M | $-1M |
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Institutional owners (13F) 1,004 filers · $21.5B total · As of June 30, 2026
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.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 184 (+41 vs prior Q) | 95 (-104 vs prior Q) | 340 (+10 vs prior Q) | 280 (+2 vs prior Q) | +5.3M |
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.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| VANGUARD GROUP INC | $3,333,520,447 | 7,942,816 | 15.53% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $1,504,183,041 | 4,478,068 | 7.01% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $1,175,978,174 | 3,500,977 | 5.48% | Shares |
| FMR LLC | $1,125,042,634 | 3,349,338 | 5.24% | Shares |
| STATE STREET CORP | $649,648,739 | 1,934,054 | 3.03% | Shares |
| CITADEL ADVISORS LLC | $524,742,980 | 1,562,200 | 2.44% | Call option |
| AQR CAPITAL MANAGEMENT LLC | $492,149,608 | 1,465,167 | 2.29% | Shares |
| NORGES BANK | $471,748,037 | 1,404,430 | 2.20% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $451,308,886 | 1,347,740 | 2.10% | Shares |
| Capital World Investors | $341,693,391 | 1,017,247 | 1.59% | Shares |
| JANE STREET GROUP, LLC | $323,001,440 | 961,600 | 1.50% | Call option |
| JANE STREET GROUP, LLC | $289,411,440 | 861,600 | 1.35% | Put option |
| PRIMECAP MANAGEMENT CO/CA/ | $284,172,744 | 846,004 | 1.32% | Shares |
| SRS Investment Management, LLC | $248,099,435 | 738,611 | 1.16% | Shares |
| D. E. Shaw & Co., Inc. | $238,562,898 | 710,220 | 1.11% | Shares |
| Polar Capital Holdings Plc | $231,458,949 | 689,071 | 1.08% | Shares |
| Swedbank AB | $195,017,830 | 580,583 | 0.91% | Shares |
| Employees Provident Fund Board | $190,099,246 | 565,940 | 0.89% | Shares |
| Qube Research & Technologies Ltd | $176,418,711 | 525,212 | 0.82% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $172,944,161 | 514,868 | 0.81% | Shares |
| CONGRESS ASSET MANAGEMENT CO | $171,721,149 | 511,227 | 0.80% | Shares |
| WOLVERINE TRADING, LLC | $167,661,300 | 528,900 | 0.78% | Put option |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $153,843,208 | 458,003 | 0.72% | Shares |
| WELLINGTON MANAGEMENT GROUP LLP | $147,159,470 | 438,105 | 0.69% | Shares |
| WOLVERINE TRADING, LLC | $140,874,800 | 444,400 | 0.66% | Call option |
| Kinetic Partners Management, LP | $140,273,855 | 417,606 | 0.65% | Shares |
| Artisan Partners Limited Partnership | $132,404,814 | 394,179 | 0.62% | Shares |
| FIRST TRUST ADVISORS LP | $120,198,255 | 357,840 | 0.56% | Shares |
| PICTON MAHONEY ASSET MANAGEMENT | $119,244,500 | 355,000 | 0.56% | Call option |
| AMERICAN CENTURY COMPANIES INC | $115,316,149 | 343,305 | 0.54% | Shares |
| FRONTIER CAPITAL MANAGEMENT CO LLC | $112,223,606 | 334,098 | 0.52% | Shares |
| LOS ANGELES CAPITAL MANAGEMENT LLC | $108,709,671 | 323,637 | 0.51% | Shares |
| NEUBERGER BERMAN GROUP LLC | $108,269,565 | 322,327 | 0.50% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $107,961,174 | 321,409 | 0.50% | Shares |
| Eurizon Capital SGR S.p.A. | $107,043,981 | 317,898 | 0.50% | Shares |
| Artemis Investment Management LLP | $106,989,860 | 318,517 | 0.50% | Shares |
| Walleye Trading LLC | $105,808,500 | 315,000 | 0.49% | Call option |
| CANADA PENSION PLAN INVESTMENT BOARD | $105,724,525 | 314,750 | 0.49% | Shares |
| ROYAL BANK OF CANADA | $103,735,000 | 308,828 | 0.48% | Shares |
| Alyeska Investment Group, L.P. | $103,318,809 | 307,588 | 0.48% | Shares |
| TREMBLANT CAPITAL GROUP | $101,958,414 | 303,538 | 0.47% | Shares |
| Pictet Asset Management Holding SA | $101,184,500 | 301,234 | 0.47% | Shares |
| MILLENNIUM MANAGEMENT LLC | $99,463,013 | 296,109 | 0.46% | Shares |
| Candriam S.C.A. | $94,156,480 | 280,581 | 0.44% | Shares |
| 1832 Asset Management L.P. | $90,457,870 | 269,300 | 0.42% | Shares |
| BAILLIE GIFFORD & CO | $89,796,483 | 267,331 | 0.42% | Shares |
| AMERIPRISE FINANCIAL INC | $80,862,214 | 240,733 | 0.38% | Shares |
| Candlestick Capital Management LP | $79,299,917 | 255,493 | 0.37% | Shares |
| FRED ALGER MANAGEMENT, LLC | $77,081,660 | 229,478 | 0.36% | Shares |
| Whale Rock Capital Management LLC | $75,459,263 | 224,648 | 0.35% | Shares |
| Quantinno Capital Management LP | $75,359,763 | 224,351 | 0.35% | Shares |
| Spyglass Capital Management LLC | $74,981,613 | 223,226 | 0.35% | Shares |
| Swiss National Bank | $74,233,900 | 221,000 | 0.35% | Shares |
| ALLIANCEBERNSTEIN L.P. | $72,735,608 | 297,159 | 0.34% | Shares |
| BLAIR WILLIAM & CO/IL | $70,004,356 | 208,408 | 0.33% | Shares |
| JONES FINANCIAL COMPANIES LLLP | $69,771,766 | 222,196 | 0.33% | Shares |
| Defiance ETFs, LLC | $68,740,410 | 191,275 | 0.32% | Shares |
| Ensign Peak Advisors, Inc | $66,067,163 | 196,687 | 0.31% | Shares |
| BANK OF AMERICA CORP /DE/ | $62,719,584 | 186,721 | 0.29% | Shares |
| UBS Group AG | $60,898,670 | 181,300 | 0.28% | Put option |
| OFI INVEST ASSET MANAGEMENT | $59,758,646 | 203,400 | 0.28% | Shares |
| Cubist Systematic Strategies, LLC | $57,140,958 | 184,100 | 0.27% | Put option |
| Cubist Systematic Strategies, LLC | $56,147,742 | 180,900 | 0.26% | Call option |
| ValueAct Holdings, L.P. | $55,658,630 | 165,700 | 0.26% | Shares |
| Stephens Investment Management Group LLC | $55,638,476 | 165,640 | 0.26% | Shares |
| Sumitomo Mitsui Trust Group, Inc. | $55,005,976 | 163,757 | 0.26% | Shares |
| SOMA EQUITY PARTNERS LP | $53,394,664 | 158,960 | 0.25% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $53,038,610 | 157,900 | 0.25% | Call option |
| Fiera Capital Corp | $52,735,292 | 156,997 | 0.25% | Shares |
| BlackRock, Inc. | $52,582,458 | 156,542 | 0.24% | Shares |
| National Pension Service | $51,623,463 | 153,687 | 0.24% | Shares |
| VANGUARD ASSET MANAGEMENT, Ltd | $50,156,588 | 149,320 | 0.23% | Shares |
| WESTFIELD CAPITAL MANAGEMENT CO LP | $50,134,909 | 149,255 | 0.23% | Shares |
| California Public Employees Retirement System | $49,926,497 | 148,635 | 0.23% | Shares |
| Capital Impact Advisors, LLC | $49,689,015 | 147,928 | 0.23% | Shares |
| PANAGORA ASSET MANAGEMENT INC | $49,582,871 | 147,612 | 0.23% | Shares |
| Squarepoint Ops LLC | $48,054,190 | 143,061 | 0.22% | Shares |
| MILLENNIUM MANAGEMENT LLC | $47,832,160 | 142,400 | 0.22% | Put option |
| Walleye Trading LLC | $47,731,390 | 142,100 | 0.22% | Put option |
| Robeco Institutional Asset Management B.V. | $47,695,117 | 141,992 | 0.22% | Shares |
| OSSIAM | $47,214,440 | 140,561 | 0.22% | Shares |
| Toroso Investments, LLC | $47,005,280 | 112,000 | 0.22% | Put option |
| Legal & General Group Plc | $44,989,774 | 133,938 | 0.21% | Shares |
| ExodusPoint Capital Management, LP | $43,993,495 | 130,972 | 0.20% | Shares |
| NORDEA INVESTMENT MANAGEMENT AB | $43,827,680 | 131,095 | 0.20% | Shares |
| MIROVA | $43,285,754 | 128,865 | 0.20% | Shares |
| Assenagon Asset Management S.A. | $43,022,072 | 128,080 | 0.20% | Shares |
| ENVESTNET ASSET MANAGEMENT INC | $42,692,832 | 127,100 | 0.20% | Shares |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $42,542,739 | 173,807 | 0.20% | Shares |
| RHUMBLINE ADVISERS | $42,099,969 | 125,335 | 0.20% | Shares |
| ARMISTICE CAPITAL, LLC | $42,045,275 | 125,172 | 0.20% | Shares |
| GOLDMAN SACHS GROUP INC | $41,865,904 | 124,638 | 0.20% | Shares |
| Toroso Investments, LLC | $40,897,951 | 97,448 | 0.19% | Shares |
| CITADEL ADVISORS LLC | $40,789,345 | 121,433 | 0.19% | Shares |
| Vinva Investment Management Ltd | $40,011,417 | 117,361 | 0.19% | Shares |
| Migdal Insurance & Financial Holdings Ltd. | $39,972,100 | 119,000 | 0.19% | Shares |
| Kodai Capital Management LP | $39,944,894 | 227,736 | 0.19% | Shares |
| EMINENCE CAPITAL, LP | $39,899,468 | 163,008 | 0.19% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $39,172,322 | 116,619 | 0.18% | Shares |
| CI INVESTMENTS INC. | $38,839,109 | 115,627 | 0.18% | Shares |
Company insiders 16 insiders · 6 officers · 12 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Chirantan Jitendra Desai | President & CEO | July 1, 2026 F | 72,753 | 0 | 0 | $0 |
| Michael J Berry | Chief Financial Officer | July 8, 2026 G | 12,413 | 0 | 32 | $-3,538,676 |
| Michael Lawrence Gordon | Chief Financial Officer | Oct. 23, 2017 P | 1,000 | 0 | 0 | $0 |
| Eliot Horowitz | Chief Technology Officer | Sept. 4, 2018 C | 87,838 | 0 | 0 | $0 |
| Meagen Eisenberg | Chief Marketing Officer | Sept. 4, 2018 C | 31,495 | 0 | 0 | $0 |
| Thomas Bull | Principal Accounting Officer | July 2, 2018 C | 7,934 | 0 | 0 | $0 |
| Dwight A Merriman | Director | Aug. 17, 2026 S | 452,896 | 0 | 28 | $-18,607,208 |
| Dev Ittycheria | Director | July 1, 2026 F | 158,727 | 0 | 1 | $-2,664,712 |
| Hope F Cochran | Director | July 1, 2026 S | 29,326 | 0 | 3 | $-1,238,782 |
| Archana Agrawal | Director | June 30, 2026 A | 5,328 | 0 | 0 | $0 |
| Peter Thomas Killalea | Director | June 30, 2026 A | 63,060 | 0 | 0 | $0 |
| Ann Lewnes | Director | June 30, 2026 A | 3,454 | 0 | 0 | $0 |
| Charles M Hazard Jr | Director | June 30, 2026 A | 45,832 | 0 | 0 | $0 |
| Francisco Dsouza | Director | June 30, 2026 A | 8,606 | 0 | 0 | $0 |
| ROELOF BOTHA ("RB") | Director | June 30, 2026 A | 2,047 | 0 | 5 | $-17,534,749 |
| Kevin P Ryan | Director | Oct. 23, 2017 C | — | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
Activists & 5%+ owners 1 position
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.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Whale Rock Capital Management LLC, Alexander Sacerdote | May 10, 2018 | — | Initial filing | Passive investment | SEC |
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.
ETF ownership Held by 139 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| DAT · ProShares Trust | 4.06% | 673 NS | May 31, 2026 | N-PORT |
| TMFM · RBB Fund, Inc. | 3.65% | 12,693 NS | May 31, 2026 | N-PORT |
| LGRO · ALPS ETF Trust | 2.28% | 9,165 NS | May 31, 2026 | N-PORT |
| CAML · Professionally Managed Portfolios | 1.96% | 29,422 NS | April 30, 2026 | N-PORT |
| WBIL · Absolute Shares Trust | 1.95% | 1,767 NS | June 30, 2026 | N-PORT |
| NUMG · Nushares ETF Trust | 1.91% | 26,959 NS | April 30, 2026 | N-PORT |
| IVES · Wedbush Series Trust | 1.68% | 66,714 NS | April 30, 2026 | N-PORT |
| OGIG · ALPS ETF Trust | 1.64% | 5,620 NS | May 31, 2026 | N-PORT |
| THNQ · EXCHANGE TRADED CONCEPTS TRUST | 1.44% | 18,491 NS | April 30, 2026 | N-PORT |
| SKYU · ProShares Trust | 1.36% | 146 NS | May 31, 2026 | N-PORT |
| SPIT · RBB Fund, Inc. | 1.31% | 1,495 NS | April 30, 2026 | N-PORT |
| TMFX · RBB Fund, Inc. | 1.23% | 1,181 NS | May 31, 2026 | N-PORT |
| ENDW · EA Series Trust | 0.86% | 3,682 NS | May 29, 2026 | N-PORT |
| CGMM · Capital Group Equity ETF Trust I | 0.76% | 63,558 NS | May 31, 2026 | N-PORT |
| NULG · Nushares ETF Trust | 0.66% | 69,064 NS | April 30, 2026 | N-PORT |
| ILDR · First Trust Exchange-Traded Fund VI… | 0.59% | 5,074 NS | May 31, 2026 | N-PORT |
| GTEK · Goldman Sachs ETF Trust | 0.56% | 4,065 NS | May 31, 2026 | N-PORT |
| TRFK · Pacer Funds Trust | 0.45% | 10,910 NS | April 30, 2026 | N-PORT |
| HQGO · Lattice Strategies Trust | 0.36% | 686 NS | April 30, 2026 | N-PORT |
| TMFE · RBB Fund, Inc. | 0.32% | 799 NS | May 31, 2026 | N-PORT |
| NULC · Nushares ETF Trust | 0.31% | 714 NS | April 30, 2026 | N-PORT |
| ACGR · AMERICAN CENTURY ETF TRUST | 0.28% | 96 NS | May 31, 2026 | N-PORT |
| FXL · First Trust Exchange-Traded AlphaDE… | 0.28% | 16,497 NS | April 30, 2026 | N-PORT |
| GSEW · Goldman Sachs ETF Trust | 0.25% | 13,157 NS | May 31, 2026 | N-PORT |
| ACLC · AMERICAN CENTURY ETF TRUST | 0.24% | 2,187 NS | May 31, 2026 | N-PORT |
| JMID · Janus Detroit Street Trust | 0.23% | 167 NS | April 30, 2026 | N-PORT |
| OASC · Unified Series Trust | 0.22% | 556 NS | May 31, 2026 | N-PORT |
| ESUM · Strategy Shares | 0.22% | 1,348 NS | April 30, 2026 | N-PORT |
| ESLG · Strategy Shares | 0.19% | 150 NS | April 30, 2026 | N-PORT |
| TRFM · ETF Series Solutions | 0.18% | 1,116 NS | April 30, 2026 | N-PORT |
| JMOM · J.P. Morgan Exchange-Traded Fund Tr… | 0.18% | 15,555 NS | April 30, 2026 | N-PORT |
| FTC · First Trust Exchange-Traded AlphaDE… | 0.16% | 8,030 NS | April 30, 2026 | N-PORT |
| FTEC · FIDELITY COVINGTON TRUST | 0.14% | 99,749 NS | April 30, 2026 | N-PORT |
| FHEQ · Fidelity Greenwood Street Trust | 0.12% | 4,072 NS | April 30, 2026 | N-PORT |
| CRTC · DBX ETF Trust | 0.12% | 472 NS | May 31, 2026 | N-PORT |
| GXPT · Global X Funds | 0.11% | 341 NS | May 31, 2026 | N-PORT |
| FLCG · Federated Hermes ETF Trust | 0.11% | 1,914 NS | May 31, 2026 | N-PORT |
| JSTC · Tidal Trust I | 0.11% | 1,067 NS | May 31, 2026 | N-PORT |
| FBUF · Fidelity Greenwood Street Trust | 0.10% | 72 NS | April 30, 2026 | N-PORT |
| SCHG · SCHWAB STRATEGIC TRUST | 0.10% | 174,019 NS | May 31, 2026 | N-PORT |
| FAD · First Trust Exchange-Traded AlphaDE… | 0.08% | 1,521 NS | April 30, 2026 | N-PORT |
| SFY · Tidal Trust I | 0.07% | 1,431 NS | May 31, 2026 | N-PORT |
| VEGN · ETF Series Solutions | 0.07% | 440 NS | April 30, 2026 | N-PORT |
| GVUS · Goldman Sachs ETF Trust | 0.07% | 863 NS | May 31, 2026 | N-PORT |
| IQSU · New York Life Investments ETF Trust | 0.06% | 783 NS | April 30, 2026 | N-PORT |
| ONEQ · Fidelity Commonwealth Trust | 0.06% | 19,214 NS | May 31, 2026 | N-PORT |
| DFSU · Dimensional ETF Trust | 0.06% | 4,874 NS | April 30, 2026 | N-PORT |
| XMAG · Tidal Trust II | 0.06% | 252 NS | May 31, 2026 | N-PORT |
| USNZ · DBX ETF Trust | 0.05% | 434 NS | May 29, 2026 | N-PORT |
| GLBL · Pacer Funds Trust | 0.05% | 2 NS | April 30, 2026 | N-PORT |