INSM Hisse Senedi Özeti Fiyat, piyasa değeri, P/E, EPS, ROE, borç/öz sermaye, 52 haftalık aralık

03

Fiyat $111.12

Piyasa Değeri (MRQ) $24.26B

P/E (TTM) -27.0

Hisse Başına Kâr (TTM) $-4.12

Gelir (TTM) $1.14B

ROE (TTM) -87.2%

D/E Borç/Özsermaye (MRQ) 0.7

52 Haftlık Aralık $90–$213

INSM Hisse Senedi Fiyat Grafiği Teknik göstergeler ile günlük OHLCV — kaydır, yakınlaştır ve görünümünüzü özelleştirin

04

aralık

çubuklar

Çubuk çözünürlüğü seçilen döneme uyum sağlar — bir çubuk için açılış/yüksek/düşük/kapanış değerlerini görmek için grafiğin üzerine gelin.

Hisse bölünmeleri 2

Ex-tarihi	Bölünme	Tür
03 Mart 2011	1-for-10	Ters
31 Temmuz 2000	1-for-4	Ters

10 Yıllık Performans Gelir, net kar, marjlar ve EPS trendleri

06

Gelir$606M

2016-12-31 → 2025-12-31

Hisse Başına Kâr$-6.42

2019-12-31 → 2025-12-31

Serbest Nakit Akışı$-968M

2016-12-31 → 2025-12-31

Net kar marjı-76.9%

2018-12-31 → 2025-12-31

Değerleme ve Oranlar 07–12

Değerleme P/E, P/S, P/B, EV/EBITDA oranları — hisse senedi pahalı mı ucuz mu?

Metrik	INSM	5Y ort.	Akran Ortalaması	Sonuç
P/E (TTM)	-27.05Y ort. ≈-11.5	≈-11.5	·	·
F/S (TTM)	21.35Y ort. ≈27.8	≈27.8	7.3	Aşırı değerli
F/D (MRQ)	32.05Y ort. ≈23.7	≈23.7	6.1	Aşırı değerli
EV / EBITDA	-18.65Y ort. ≈-12.9	≈-12.9	·	·
Fiyat / Serbest Nakit Akışı (TTM)	-30.05Y ort. ≈-16.0	≈-16.0	·	·
Fiyat / Nakit Akışı (TTM)	-31.15Y ort. ≈-16.4	≈-16.4	·	·
EV / Gelir (TTM)	20.85Y ort. ≈27.3	≈27.3	·	·
EV / FCF (TTM)	-29.35Y ort. ≈-15.7	≈-15.7	·	·
Fiyat / Maddi Defter Değeri (MRQ)	36.55Y ort. ≈75.5	≈75.5	·	·

Akran ortalaması, metrik başına standartlaştırılmış bir temelde hesaplanır ve bu hisse senedi için gösterilen TTM/MRQ temelini her zaman eşleşmeyebilir.

Kârlılık Brüt, faaliyet ve net kâr marjları; ROE, ROA, ROIC

Metrik	INSM	5Y ort.	Akran Ortalaması	Sonuç
Faaliyet Kâr Marjı (TTM)	-73.9%5Y ort. ≈-213.0%	≈-213.0%	16.9%	Zayıf
EBITDA Margin (FAVÖK Marjı)	-205.6%5Y ort. ≈-211.2%	≈-211.2%	15.8%	Zayıf
Vergi Öncesi Kar Marjı (TTM)	-76.4%5Y ort. ≈-226.4%	≈-226.4%	9.3%	Zayıf
Net Kâr Marjı (TTM)	-76.9%5Y ort. ≈-226.9%	≈-226.9%	12.7%	Zayıf
ROA (TTM)	-38.2%5Y ort. ≈-48.0%	≈-48.0%	6.8%	Zayıf
ROE (TTM)	-87.2%5Y ort. ≈-376.1%	≈-376.1%	18.7%	Zayıf
ROIC	-97.8%5Y ort. ≈-64.8%	≈-64.8%	16.4%	Zayıf

Finansal Sağlık Borç, likidite, solventlik — bilanço gücü

Metrik	INSM	5Y ort.	Akran Ortalaması	Sonuç
Borç / Öz Sermaye (MRQ)	0.75Y ort. ≈3.1	≈3.1	0.0	Yüksek borç
Cari Oran (MRQ)	3.75Y ort. ≈5.3	≈5.3	3.1	Güçlü likidite
Cari Oran (MRQ)	3.15Y ort. ≈4.7	≈4.7	1.7	Güçlü likidite
Uzun Vadeli Borç / Özkaynak (MRQ)	0.75Y ort. ≈3.1	≈3.1	·	·
Interest Coverage (Faiz Karşılama Oranı)	-14.95Y ort. ≈-12.1	≈-12.1	-2.3	Düşük likidite

Büyüme Gelir, EPS ve net gelir büyümesi: YOY, 3 Yıllık CAGR, 5 Yıllık CAGR

Metrik	INSM	5Y ort.	Akran Ortalaması	Sonuç
Revenue YoY (Gelir Yıllık Bazda)	66.7%5Y ort. ≈31.0%	≈31.0%	·	·
Revenue CAGR 3Y (Gelir 3 Yıllık Bileşik Büyüme Oranı)	35.2%5Y ort. ≈27.5%	≈27.5%	·	·
Revenue CAGR 5Y (Gelir 5 Yıllık Bileşik Büyüme Oranı)	29.8%	·	·	·

Hisse Başı Metrikler Hisse Başı Kâr, hisse başına defter değeri, hisse başına nakit akışı, hisse başına temettü

Metrik	INSM	5Y ort.	Akran Ortalaması	Sonuç
EPS (Diluted) (Hisse Başına Kar (Seyreltilmiş))	$-6.425Y ort. ≈$-5.02	≈$-5.02	·	·
Revenue / Share (Hisse Başına Gelir)	$3.055Y ort. ≈$2.22	≈$2.22	·	·
Cash Flow / Share (Hisse Başına Nakit Akışı)	$-4.705Y ort. ≈$-3.84	≈$-3.84	·	·
Cash / Share (Hisse Başına Nakit)	$2.385Y ort. ≈$4.54	≈$4.54	·	·

Sermaye Verimliliği Aktif devir hızı, stok devir hızı, alacak devir hızı

Metrik	INSM	5Y ort.	Akran Ortalaması	Sonuç
Asset Turnover (Aktif Devir Hızı)	0.35Y ort. ≈0.2	≈0.2	0.7	Zayıf
Inventory Turnover (Stok Devir Hızı)	1.15Y ort. ≈0.9	≈0.9	1.9	Zayıf
Receivables Turnover (Alacak Devir Hızı)	6.35Y ort. ≈8.2	≈8.2	7.1	Zayıf
Revenue / Employee (Çalışan Başına Gelir)	≈$364.4K	·	·	·

değer · ≈ 5Y ort. · sektör ortalaması · ortalamaya göre değerlendirme

Kazanç Geçmişi EPS gerçekleşen vs tahmin, sürpriz %, kazanma oranı, bir sonraki kazanç tarihi

14

Ort. Sürpriz 6.1%

Sonraki Rapor Eki 28, 2026

Dönem	Rapor	EPS Gerçek	EPS Tahmin	Sürpriz
30 Haziran 2026	Ağu 5, 2026	$-0.06	$-0.80	92.5%
31 Mart 2026	May 6, 2026	$-0.76	$-0.98	22.3%
31 Aralık 2025		$-1.54	$-1.32	-17.0%
30 Eylül 2025		$-1.75	$-1.37	-28.1%
30 Haziran 2025		$-1.70	$-1.32	-28.9%
31 Mart 2025		$-1.42	$-1.36	-4.5%

Tüm Temeller Tüm metrikler yıla göre — gelir tablosu, bilanço, nakit akışı

15

Gelir Tablosu 17

Metrik	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	$606M	$364M	$305M	$245M	$188M	$164M	$136M	$10M	$0	$0	$0	·
Cost of Revenue	$123M	$86M	$66M	$55M	$44M	$40M	$24M	$2M	$0	$0	·	·
Gross Profit	·	·	·	·	·	·	$112M	$7M	$0	·	·	·
R&D Expense	$771M	$598M	$571M	$398M	$273M	$181M	$132M	$145M	$110M	$123M	$74M	$56M
SG&A Expense	$701M	$461M	$345M	$266M	$234M	$204M	$211M	$168M	$79M	$51M	$43M	$31M
Operating Expenses	$1.85B	$1.24B	$1.01B	$703M	$564M	$430M	$372M	$317M	$189M	$173M	$117M	$87M
Operating Income	$-1.25B	$-878M	$-710M	$-457M	$-375M	$-265M	$-235M	$-307M	$-189M	$-173M	$-117M	$-87M
Interest Expense	$84M	$85M	$82M	$26M	$40M	$30M	$28M	$25M	$6M	$3M	$3M	$2M
Other Non-op	$-2M	$29.0K	$2M	$-6M	$-3M	$405.0K	$-531.0K	$602.0K	$300.0K	$119.0K	$-33.0K	$141.0K
Pretax Income	$-1.27B	$-910M	$-747M	$-480M	$-436M	$-293M	$-254M	$-324M	$-193M	$-176M	$-120M	$-90M
Income Tax	$5M	$4M	$3M	$1M	$-2M	$1M	$777.0K	$201.0K	$-272.0K	$98.0K	$-2M	$-10M
Net Income	$-1.28B	$-914M	$-750M	$-482M	$-435M	$-294M	$-254M	$-324M	$-193M	$-176M	$-118M	$-79M
EPS (Basic)	$-6.42	$-5.57	$-5.34	$-3.91	$-3.88	$-3.01	$-3.01	·	·	·	·	·
EPS (Diluted)	$-6.42	$-5.57	$-5.34	$-3.91	$-3.88	$-3.01	$-3.01	·	·	·	·	·
Shares (Basic)	199,014,000	164,043,000	140,433,000	123,035,000	112,111,000	97,605,000	84,560,000	76,889,000	66,576,000	61,892,000	58,633,000	43,095,000
Shares (Diluted)	199,014,000	164,043,000	140,433,000	123,035,000	112,111,000	97,605,000	84,560,000	76,889,000	66,576,000	61,892,000	58,633,000	43,095,000
EBITDA	$-1.25B	$-878M	$-704M	$-452M	$-366M	$-256M	$-230M	$-304M	$-186M	$-171M	$-116M	·

Bilanço 27

Metrik	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Cash & Equivalents	$510M	$555M	$482M	$1.07B	$717M	$533M	$487M	$495M	$381M	$163M	$283M	$159M
Short-term Investments	$920M	$879M	$298M	$74M	$0	·	·	·	·	·	·	·
Receivables	$141M	$52M	$41M	$30M	$24M	$17M	$19M	$6M	$0	·	·	·
Inventory	$132M	$99M	$83M	$70M	$67M	$50M	$28M	$7M	$0	·	·	·
Prepaid Expense	$91M	$37M	$24M	$25M	$29M	$24M	$20M	$11M	$8M	$6M	$5M	$5M
Current Assets	$1.79B	$1.62B	$929M	$1.27B	$837M	$623M	$555M	$519M	$389M	$168M	$288M	$165M
PP&E (Net)	$103M	$80M	$65M	$56M	$53M	$54M	$60M	$23M	$12M	$10M	$8M	$8M
PP&E (Gross)	$164M	$130M	$110M	$96M	$90M	$82M	$79M	$37M	$23M	$18M	$13M	$11M
Accum. Depreciation	$61M	$50M	$45M	$39M	$37M	$28M	$19M	$14M	$11M	$8M	$5M	$3M
Goodwill	$136M	$136M	$136M	$136M	$136M	$0	·	·	·	·	·	·
Intangibles	$98M	$59M	$64M	$69M	$74M	$49M	$54M	$59M	$58M	·	·	·
Total Assets	$2.26B	$2.03B	$1.33B	$1.66B	$1.24B	$796M	$742M	$605M	$462M	$238M	$357M	$231M
Accounts Payable	$80M	$73M	$65M	$50M	$36M	$43M	$13M	$18M	$15M	$10M	$7M	$9M
Accrued Liabilities	·	·	·	·	$61M	$38M	$40M	$38M	$17M	$17M	$11M	$10M
Current Liabilities	$469M	$298M	$226M	$190M	$135M	$119M	$85M	$80M	$45M	$28M	$22M	$20M
Capital Leases	$12M	$9M	$11M	$15M	$21M	$21M	$29M	·	·	·	·	·
Other Non-current Liabilities	$6M	$499.0K	$3M	$9M	$20M	$9M	$11M	$0	$765.0K	$693.0K	$572.0K	$23.0K
Total Liabilities	$1.53B	$1.74B	$1.66B	$1.57B	$833M	$520M	$481M	$396M	$101M	$83M	$45M	$45M
Long-term Debt	$547M	$1.12B	$1.18B	$1.15B	$800M	$450M	$450M	$450M	$55M	$55M	$25M	$25M
Total Debt	$541M	$1.10B	$1.16B	$1.13B	$567M	$356M	$336M	$317M	$56M	$55M	$25M	·
Common Stock	$2M	$2M	$1M	$1M	$1M	$1M	$897.0K	$773.0K	$766.0K	$620.0K	$618.0K	$498.0K
Paid-in Capital	$6.37B	$4.65B	$3.11B	$2.78B	$2.67B	$2.11B	$1.80B	$1.49B	$1.32B	$919M	$900M	$657M
Retained Earnings	$-5.64B	$-4.36B	$-3.45B	$-2.70B	$-2.27B	$-1.83B	$-1.54B	$-1.28B	$-958M	$-765M	$-589M	$-471M
AOCI	$1M	$-2M	$-745.0K	$756.0K	$968.0K	$193.0K	$-10.0K	$-9.0K	$-3.0K	$-65.0K	·	·
Stockholders' Equity	$739M	$285M	$-332M	$88M	$410M	$276M	$262M	$208M	$361M	$154M	$312M	$186M
Liabilities + Equity	$2.26B	$2.03B	$1.33B	$1.66B	$1.24B	$796M	$742M	$605M	$462M	$238M	$357M	$231M
Shares Outstanding	214,255,853	179,383,000	147,978,000	135,654,000	118,738,000	102,763,060	89,682,387	77,307,521	76,610,508	62,019,889	61,813,995	49,806,131

Nakit Akışı 15

Metrik	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
D&A	·	·	$6M	$5M	$9M	$9M	$5M	$4M	$3M	$2M	$2M	$1M
Stock-based Comp	$153M	$97M	$75M	$58M	$46M	$36M	$27M	$26M	$18M	$18M	$16M	$11M
Deferred Tax	$-27.0K	$-29.0K	$-54.0K	$-231.0K	$-3M	$0	$0	$0	$-417.0K	$0	$0	·
Amort. of Intangibles	$6M	$5M	$5M	$5M	$5M	$5M	$5M	$1M	$0	$0	·	·
Other Non-cash	·	·	$133M	$18M	$20M	$29M	$-28M	$36M	$12M	$9M	$-89.0K	·
Operating Cash Flow	$-935M	$-684M	$-536M	$-400M	$-363M	$-219M	$-251M	$-258M	$-160M	$-147M	$-101M	$-64M
CapEx	$33M	$22M	$13M	$10M	$7M	$6M	$42M	$13M	$3M	$4M	$3M	$5M
Investing Cash Flow	$-65M	$-583M	$-224M	$-35M	$-64M	$-7M	$-42M	$-15M	$-3M	$-4M	$-3M	·
Stock Issued	$823M	$1.08B	$152M	$292M	$270M	$246M	$261M	$0	$378M	$0	$223M	$109M
Net Stock Activity	$823M	$1.08B	$152M	$292M	$270M	$246M	$261M	$0	$378M	·	$223M	·
Financing Cash Flow	$954M	$1.34B	$168M	$793M	$613M	$271M	$285M	$387M	$381M	$31M	$228M	·
Net Change in Cash	$-45M	$73M	$-592M	$357M	$184M	$45M	$-8M	$114M	$219M	$-120M	$124M	$45M
Taxes Paid	$4M	$2M	$2M	$2M	$2M	$814.0K	$339.0K	$154.0K	$166.0K	$85.0K	$-3M	$9M
Free Cash Flow	$-968M	$-706M	$-550M	$-410M	$-371M	$-226M	$-293M	$-271M	$-163M	$-151M	$-104M	·
Levered FCF	$-1.05B	$-791M	$-632M	$-437M	$-411M	$-255M	$-321M	$-297M	$-169M	$-154M	$-107M	·

Kârlılık 8

Metrik	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Gross Margin	·	·	·	·	·	·	82.3%	·	·	·	·	·
Operating Margin	-205.6%	-241.5%	-232.5%	-186.4%	-199.0%	-161.3%	-172.4%	-3124.9%	·	·	·	·
Net Margin	-210.5%	-251.2%	-245.6%	-196.3%	-230.6%	-178.9%	-186.4%	-3297.2%	·	·	·	·
Pretax Margin	-209.7%	-250.2%	-244.8%	-195.7%	-231.6%	-178.0%	-185.8%	-3295.1%	·	·	·	·
EBITDA Margin	-205.6%	-241.5%	-230.7%	-184.2%	-194.2%	-155.8%	-168.6%	-3088.3%	·	·	·	·
ROA	-59.5%	-54.5%	-50.2%	-33.2%	-42.6%	-38.2%	-37.8%	-60.8%	-55.0%	-59.3%	-40.2%	·
ROE	-128.4%	-237.7%	241.3%	-1660.7%	-95.0%	-92.9%	-89.9%	-129.8%	-74.7%	-75.6%	-47.5%	·
ROIC	-97.8%	-63.5%	-86.5%	-37.8%	-38.2%	-42.1%	-39.5%	-58.6%	-45.3%	-82.9%	-34.3%	·

Likidite ve Solventlik 5

Metrik	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Current Ratio	3.8	5.5	4.1	6.7	6.2	5.2	6.5	6.5	8.7	6.0	12.9	·
Quick Ratio	3.4	5.0	3.6	6.2	5.5	4.6	5.9	6.3	8.5	5.8	12.7	·
Debt / Equity	0.7	3.9	-3.5	12.8	1.4	1.3	1.3	1.5	0.2	0.4	0.1	·
LT Debt / Equity	0.7	3.9	-3.5	12.8	1.4	1.3	1.3	1.5	0.2	0.4	0.1	·
Interest Coverage	-14.9	-10.3	-8.7	-17.3	-9.3	-9.0	-8.5	-12.1	-31.9	-49.6	-40.7	·

Verimlilik 3

Metrik	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Asset Turnover	0.3	0.2	0.2	0.2	0.2	0.2	0.2	0.0	0.0	·	·	·
Inventory Turnover	1.1	0.9	0.9	0.8	0.8	1.0	1.4	0.7	·	·	·	·
Receivables Turnover	6.3	7.8	8.6	9.1	9.2	9.2	11.0	3.6	·	·	·	·

Hisse Başına 5

Metrik	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Book Value / Share	$3.45	$1.59	$-2.24	$0.65	$3.46	$2.68	$2.92	$2.69	$4.71	$2.49	$5.04	·
Revenue / Share	$3.05	$2.22	$2.17	$1.99	$1.68	$1.68	$1.61	$0.13	$0.00	·	·	·
Cash Flow / Share	$-4.70	$-4.17	$-3.82	$-3.25	$-3.24	$-2.25	$-2.96	$-3.36	$-2.40	$-2.37	$-1.72	·
Cash / Share	$2.38	$3.09	$3.26	$7.92	$6.04	$5.18	$5.44	$6.40	$4.98	$2.62	$4.58	·
EPS (TTM)	$-6.42	$-5.57	$-5.34	$-3.91	$-3.88	$-3.01	$-3.01	·	·	·	·	·

Büyüme Oranları 3

Metrik	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue YoY	66.7%	19.2%	24.4%	30.2%	14.6%	·	·	·	·	·	·	·
Revenue CAGR 3Y	35.2%	24.5%	22.9%	·	·	·	·	·	·	·	·	·
Revenue CAGR 5Y	29.8%	·	·	·	·	·	·	·	·	·	·	·

Değerleme (TTM) 14

Metrik	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue TTM	$606M	$364M	$305M	$245M	$188M	$164M	$136M	$10M	$0	$0	$0	$12M
Net Income TTM	$-1.28B	$-914M	$-750M	$-482M	$-435M	$-294M	$-254M	$-324M	$-193M	$-176M	$-118M	$-79M
Market Cap	$37.29B	$12.38B	$4.59B	$2.71B	$3.23B	$3.42B	$2.14B	$1.01B	$2.39B	$821M	$1.12B	·
Enterprise Value	$36.40B	$12.05B	$4.96B	$2.69B	$3.08B	$3.24B	$1.99B	$836M	$2.06B	$713M	$864M	·
P/E	-27.1	-12.4	-5.8	-5.1	-7.0	-11.1	-7.9	·	·	·	·	·
P/S	61.5	34.1	15.0	11.0	17.2	20.8	15.7	103.1	·	·	·	·
P/B	50.5	43.4	-13.8	30.8	7.9	12.4	8.2	4.9	6.6	5.3	3.6	·
P / Tangible Book	73.8	136.7	·	·	16.1	15.1	·	·	·	·	·	·
P / Cash Flow	-39.9	-18.1	-8.6	-6.8	-8.9	-15.6	-8.5	-3.9	-15.0	-5.6	-11.1	·
P / FCF	-38.5	-17.5	-8.3	-6.6	-8.7	-15.2	-7.3	-3.7	-14.7	-5.4	-10.8	·
EV / EBITDA	-29.2	-13.7	-7.0	-5.9	-8.4	-12.7	-8.7	-2.8	-11.1	-4.2	-7.5	·
EV / FCF	-37.6	-17.1	-9.0	-6.5	-8.3	-14.4	-6.8	-3.1	-12.7	-4.7	-8.3	·
EV / Revenue	60.0	33.1	16.3	11.0	16.4	19.7	14.6	85.0	·	·	·	·
Earnings Yield	-3.7%	-8.1%	-17.2%	-19.6%	-14.2%	-9.0%	-12.6%	·	·	·	·	·

Gelir Tablosu 16

Metrik	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	$425M	$306M	$264M	$142M	$107M	$93M	$104M	$93M	$90M	$76M	$84M	$79M	$77M	$65M	$59M	$68M
Cost of Revenue	$67M	$47M	$44M	$29M	$28M	$21M	$26M	$21M	$21M	$17M	$18M	$17M	$17M	$14M	$13M	$13M
R&D Expense	$210M	$209M	$255M	$186M	$177M	$153M	$180M	$151M	$147M	$121M	$137M	$109M	$197M	$128M	$125M	$100M
SG&A Expense	$247M	$247M	$212M	$186M	$155M	$148M	$143M	$119M	$107M	$93M	$90M	$91M	$84M	$80M	$73M	$76M
Operating Expenses	$427M	$459M	$584M	$508M	$420M	$341M	$335M	$307M	$379M	$221M	$262M	$227M	$313M	$213M	$211M	$195M
Operating Income	$-2M	$-153M	$-320M	$-366M	$-313M	$-248M	$-230M	$-213M	$-289M	$-146M	$-178M	$-148M	$-236M	$-148M	$-151M	$-128M
Interest Expense	·	·	·	·	$21M	$22M	$22M	$21M	$21M	$21M	$21M	$20M	$21M	$20M	$16M	$3M
Other Non-op	$-531.0K	$-736.0K	$-2M	$-603.0K	$453.0K	$132.0K	$-445.0K	$2M	$-269.0K	$-1M	$2M	$285.0K	$-488.0K	$-111.0K	$1M	$-2M
Pretax Income	$-11M	$-162M	$-327M	$-369M	$-320M	$-256M	$-234M	$-220M	$-300M	$-157M	$-185M	$-158M	$-244M	$-159M	$-160M	$-131M
Income Tax	$2M	$1M	$2M	$1M	$1M	$912.0K	$1M	$1M	$838.0K	$589.0K	$998.0K	$544.0K	$530.0K	$483.0K	$125.0K	$372.0K
Net Income	$-13M	$-164M	$-328M	$-370M	$-322M	$-257M	$-236M	$-221M	$-301M	$-157M	$-186M	$-159M	$-245M	$-160M	$-160M	$-131M
EPS (Basic)	$-0.06	$-0.76	$-1.55	$-1.75	$-1.70	$-1.42	$-1.30	$-1.27	$-1.94	$-1.06	$-1.28	$-1.11	$-1.78	$-1.17	$-1.22	$-1.09
EPS (Diluted)	$-0.06	$-0.76	$-1.55	$-1.75	$-1.70	$-1.42	$-1.30	$-1.27	$-1.94	$-1.06	$-1.28	$-1.11	$-1.78	$-1.17	$-1.22	$-1.09
Shares (Basic)	217,352,000	215,468,000	·	211,759,000	189,302,000	180,860,000	·	173,721,000	154,702,000	148,456,000	·	142,899,000	137,553,000	136,355,000	·	120,789,000
Shares (Diluted)	217,352,000	215,468,000	·	211,759,000	189,302,000	180,860,000	·	173,721,000	154,702,000	148,456,000	·	142,899,000	137,553,000	136,355,000	·	120,789,000
EBITDA	$-2M	$-153M	·	$-366M	$-313M	$-248M	·	$-213M	$-289M	$-146M	·	$-148M	$-236M	$-148M	·	$-128M

Bilanço 26

Metrik	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	$545M	$582M	$510M	$335M	$1.28B	$403M	$555M	$461M	$1.25B	$596M	·	$487M	$613M	$969M	·	$415M
Short-term Investments	$616M	$641M	$920M	$1.35B	$572M	$796M	$879M	$1.01B	$0	$0	·	$299M	$305M	$30M	·	$99M
Receivables	$215M	$179M	$141M	$65M	$55M	$48M	$52M	$42M	$40M	$37M	·	$36M	$31M	$31M	·	$27M
Inventory	$142M	$133M	$132M	$121M	$108M	$101M	$99M	$98M	$90M	$83M	·	$78M	$77M	$71M	·	$66M
Prepaid Expense	$116M	$78M	$91M	$66M	$62M	$55M	$37M	$41M	$41M	$43M	·	$27M	$26M	$29M	·	$25M
Current Assets	$1.63B	$1.61B	$1.79B	$1.93B	$2.08B	$1.40B	$1.62B	$1.65B	$1.42B	$759M	·	$927M	$1.05B	$1.13B	·	$632M
PP&E (Net)	$107M	$103M	$103M	$90M	$90M	$88M	$80M	$75M	$73M	$69M	·	$65M	$62M	$60M	·	$54M
PP&E (Gross)	$174M	$166M	$164M	$147M	$145M	$141M	$130M	$124M	$120M	$115M	·	$108M	$104M	$100M	·	$92M
Accum. Depreciation	$67M	$64M	$61M	$57M	$55M	$52M	$50M	$49M	$47M	$46M	·	$43M	$42M	$41M	·	$38M
Goodwill	$136M	$136M	$136M	$136M	$136M	$136M	$136M	$136M	$136M	$136M	·	$136M	$136M	$136M	·	$136M
Intangibles	$93M	$96M	$98M	$85M	$56M	$57M	$59M	$60M	$61M	$62M	$64M	$65M	$66M	$67M	·	$70M
Total Assets	$2.10B	$2.08B	$2.26B	$2.36B	$2.48B	$1.80B	$2.03B	$2.05B	$1.81B	$1.16B	·	$1.32B	$1.44B	$1.52B	·	$995M
Accounts Payable	$75M	$73M	$80M	$80M	$74M	$58M	$73M	$65M	$51M	$44M	·	$65M	$56M	$57M	·	$12M
Current Liabilities	$439M	$361M	$469M	$417M	$312M	$239M	$298M	$259M	$524M	$421M	·	$197M	$204M	$188M	·	$138M
Capital Leases	$8M	$10M	$12M	$8M	$8M	$8M	$9M	$10M	$12M	$14M	·	$13M	$13M	$15M	·	$17M
Other Non-current Liabilities	$6M	$6M	$6M	$6M	$6M	$5M	$499.0K	$3M	$3M	$3M	·	$6M	$11M	$10M	·	$11M
Total Liabilities	$1.35B	$1.37B	$1.53B	$1.42B	$1.23B	$1.70B	$1.74B	$1.57B	$1.77B	$1.62B	·	$1.61B	$1.59B	$1.56B	·	$1.02B
Long-term Debt	$547M	$547M	$547M	$547M	$547M	$1.12B	·	$972M	$1.19B	$1.18B	·	$1.17B	$1.17B	$1.16B	·	$800M
Total Debt	$544M	$542M	·	$540M	$539M	$1.11B	·	$955M	$1.17B	$1.16B	·	$1.15B	$1.14B	$1.13B	·	$785M
Common Stock	$2M	$2M	$2M	$2M	$2M	$2M	$2M	$2M	$2M	$1M	·	$1M	$1M	$1M	·	$1M
Paid-in Capital	$6.57B	$6.50B	$6.37B	$6.25B	$6.18B	$4.71B	$4.65B	$4.61B	$3.94B	$3.14B	·	$2.97B	$2.95B	$2.81B	·	$2.51B
Retained Earnings	$-5.81B	$-5.80B	$-5.64B	$-5.31B	$-4.94B	$-4.62B	$-4.36B	$-4.12B	$-3.90B	$-3.60B	·	$-3.26B	$-3.10B	$-2.86B	·	$-2.54B
AOCI	$-3M	$4.0K	$1M	$2M	$2M	$-902.0K	$-2M	$547.0K	$-3M	$-2M	·	$-2M	$-1M	$1M	·	$-1M
Stockholders' Equity	$757M	$705M	$739M	$946M	$1.25B	$99M	$285M	$483M	$39M	$-465M	$-332M	$-289M	$-156M	$-45M	$88M	$-30M
Liabilities + Equity	$2.10B	$2.08B	$2.26B	$2.36B	$2.48B	$1.80B	$2.03B	$2.05B	$1.81B	$1.16B	·	$1.32B	$1.44B	$1.52B	·	$995M
Shares Outstanding	218,281,059	216,521,841	214,255,853	212,583,015	211,110,658	181,900,074	179,382,635	178,846,991	166,666,599	148,560,882	147,978,000	143,049,197	142,750,463	136,429,216	135,654,000	121,726,199

Nakit Akışı 12

Metrik	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
Stock-based Comp	$41M	$46M	$39M	$31M	$43M	$39M	$27M	$26M	$23M	$21M	$20M	$20M	$18M	$16M	$15M	$16M
Deferred Tax	$0	$0	$-27.0K	$0	$0	$0	$-29.0K	$0	$0	$0	$-54.0K	$0	$0	$0	$-231.0K	$0
Amort. of Intangibles	$2M	$2M	$2M	$2M	$1M	$1M	$1M	$1M	$1M	$1M	$1M	$1M	$1M	$1M	$1M	$1M
Operating Cash Flow	$-89M	$-223M	$-248M	$-220M	$-206M	$-262M	$-196M	$-181M	$-123M	$-184M	$-131M	$-136M	$-123M	$-146M	$-103M	$-90M
CapEx	$6M	$3M	$17M	$2M	$3M	$10M	$7M	$4M	$7M	$5M	$2M	$3M	$5M	$3M	$5M	$582.0K
Investing Cash Flow	$25M	$266M	$389M	$-762M	$228M	$80M	$132M	$-1.00B	$-7M	$295M	$2M	$7M	$-274M	$42M	$20M	$49M
Stock Issued	·	·	$0	$-256.0K	·	·	$-12.0K	$371M	·	·	$114M	$0	·	·	$259M	$33M
Financing Cash Flow	$27M	$30M	$34M	$33M	$858M	$29M	$159M	$397M	$781M	$3M	$123M	$1M	$44M	$-399.0K	$743M	$37M
Net Change in Cash	$-37M	$72M	$176M	$-950M	$881M	$-152M	$94M	$-785M	$651M	$113M	$-5M	$-126M	$-356M	$-105M	$659M	$-1M
Taxes Paid	$696.0K	$3M	$111.0K	$1M	$677.0K	$2M	$248.0K	$689.0K	$354.0K	$1M	$75.0K	$518.0K	$358.0K	$1M	$91.0K	$432.0K
Free Cash Flow	·	$-226M	·	·	·	$-272M	·	·	·	$-189M	·	·	·	$-150M	·	·
Levered FCF	·	·	·	·	·	$-294M	·	·	·	$-210M	·	·	·	$-170M	·	·

Kârlılık 7

Metrik	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
Operating Margin	-0.36%	-50.1%	·	-257.1%	-291.3%	-267.3%	·	-228.4%	-319.8%	-192.7%	·	-186.8%	-305.0%	-227.2%	·	-188.5%
Net Margin	-3.1%	-53.5%	·	-259.9%	-299.5%	-276.4%	·	-236.0%	-332.8%	-208.1%	·	-201.0%	-317.0%	-245.0%	·	-193.6%
Pretax Margin	-2.7%	-53.0%	·	-259.0%	-298.3%	-275.4%	·	-235.0%	-331.8%	-207.3%	·	-200.3%	-316.3%	-244.2%	·	-193.1%
EBITDA Margin	-0.36%	-50.1%	·	-257.1%	-291.3%	-267.3%	·	-228.4%	-319.8%	-192.7%	·	-186.8%	-305.0%	-227.2%	·	-188.5%
ROA	-0.58%	-8.4%	·	-16.8%	-15.0%	-17.3%	·	-13.1%	-18.5%	-11.7%	·	-13.7%	-19.6%	-12.0%	·	-11.4%
ROE	-1.3%	-40.7%	·	-51.8%	-49.9%	140.3%	·	-227.3%	514.2%	61.7%	·	99.6%	439.1%	-424.7%	·	-55.2%
ROIC	-0.14%	-12.4%	·	-24.7%	-17.6%	-20.7%	·	-14.9%	-23.9%	-20.9%	·	-17.3%	-24.0%	-13.7%	·	-17.0%

Likidite ve Solventlik 5

Metrik	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	3.7	4.5	·	4.6	6.7	5.9	·	6.4	2.7	1.8	·	4.7	5.2	6.0	·	4.6
Quick Ratio	3.1	3.9	·	4.2	6.1	5.2	·	5.8	2.5	1.5	·	4.2	4.6	5.5	·	3.9
Debt / Equity	0.7	0.8	·	0.6	0.4	11.1	·	2.0	30.2	-2.5	·	-4.0	-7.3	-25.4	·	-26.2
LT Debt / Equity	0.7	0.8	·	0.6	0.4	11.1	·	2.0	24.4	-2.0	·	-4.0	-7.3	-25.4	·	-26.2
Interest Coverage	·	·	·	·	-14.7	-11.5	·	-10.1	-13.6	-6.9	·	-7.3	-11.4	-7.4	·	-38.1

Verimlilik 3

Metrik	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	0.0	·	0.1
Inventory Turnover	0.5	0.4	·	0.3	0.3	0.2	·	0.2	0.3	0.2	·	0.2	0.2	0.2	·	0.2
Receivables Turnover	3.1	2.7	·	2.6	2.3	2.2	·	2.4	2.5	2.2	·	2.5	2.6	2.3	·	2.9

Hisse Başına 5

Metrik	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	$3.47	$3.26	·	$4.45	$5.92	$0.55	·	$2.70	$0.23	$-3.13	·	$-2.02	$-1.09	$-0.33	·	$-0.25
Revenue / Share	$1.96	$1.42	·	$0.67	$0.57	$0.51	·	$0.54	$0.58	$0.51	·	$0.55	$0.56	$0.48	·	$0.56
Cash Flow / Share	·	$-1.03	·	·	·	$-1.45	·	·	·	$-1.24	·	·	·	$-1.07	·	·
Cash / Share	$2.50	$2.69	·	$1.57	$6.08	$2.22	·	$2.58	$7.48	$4.01	·	$3.41	$4.29	$7.10	·	$3.41
EPS (TTM)	$-4.12	$-5.76	·	$-6.17	$-5.69	$-5.93	·	$-5.55	$-5.39	$-5.23	·	$-5.28	$-5.26	$-4.28	·	$-3.65

Değerleme (TTM) 11

Metrik	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	$1.14B	$820M	·	$447M	$398M	$381M	·	$343M	$329M	$315M	·	$281M	$269M	$257M	·	$242M
Net Income TTM	$-875M	$-1.18B	·	$-1.18B	$-1.03B	$-1.01B	·	$-864M	$-803M	$-747M	·	$-724M	$-696M	$-547M	·	$-434M
Market Cap	$23.27B	$35.41B	·	$30.61B	$21.25B	$13.88B	·	$13.06B	$11.17B	$4.03B	·	$3.61B	$3.01B	$2.33B	·	$2.62B
Enterprise Value	$22.66B	$34.72B	·	$29.47B	$19.93B	$13.78B	·	$12.54B	$11.09B	$4.60B	·	$3.97B	$3.23B	$2.46B	·	$2.89B
P/E	-25.9	-28.4	·	-23.3	-17.7	-12.9	·	-13.2	-12.4	-5.2	·	-4.8	-4.0	-4.0	·	-5.9
P/S	20.5	43.2	·	68.5	53.4	36.4	·	38.1	34.0	12.8	·	12.9	11.2	9.0	·	10.8
P/B	30.7	50.2	·	32.4	17.0	139.9	·	27.0	287.7	-8.7	·	-12.5	-19.3	-52.1	·	-87.5
P / Tangible Book	44.1	74.8	·	42.2	20.1	·	·	45.4	·	·	·	·	·	·	·	·
P / Cash Flow	·	-159.0	·	·	·	-52.9	·	·	·	-21.9	·	·	·	-15.9	·	·
EV / Revenue	19.9	42.4	·	65.9	50.1	36.2	·	36.6	33.8	14.6	·	14.2	12.0	9.6	·	11.9
Earnings Yield	-3.9%	-3.5%	·	-4.3%	-5.7%	-7.8%	·	-7.6%	-8.0%	-19.3%	·	-20.9%	-24.9%	-25.1%	·	-17.0%

En son dönem solda · null değerler · olarak gösterilir

Finansal Tablolar Gelir tablosu, bilanço, nakit akışı — yıllık, son 5 yıl

16

Metrik	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Gelir	$606M	$364M	$305M	$245M	$188M
Faaliyet Kâr Marjı %	-205.6%	-241.5%	-232.5%	-186.4%	-199.0%
Net Gelir	$-1.28B	$-914M	$-750M	$-482M	$-435M
Seyreltilmiş Hisse Başı Kâr	$-6.42	$-5.57	$-5.34	$-3.91	$-3.88

Metrik	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Borç / Öz Sermaye	0.7	3.9	-3.5	12.8	1.4
Cari Oran	3.8	5.5	4.1	6.7	6.2
Cari Oran	3.4	5.0	3.6	6.2	5.5

Metrik	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Serbest Nakit Akışı	$-968M	$-706M	$-550M	$-410M	$-371M

Kurumsal Sahipler (13F) 745 dosya · $27.2B toplam · Tarih itibarıyla 30 Eylül 2026

17

Çeyreklik SEC Form 13F'lerinde bu hisse senedini tuttuklarını bildiren kurumlar. Yalnızca uzun pozisyonlar; tek bir başvuru sahibi, ayrı opsiyon bacakları için iki kez görünebilir. Büyük dengeleyici alım/satım bacakları genellikle piyasa yapımını veya korunmuş envanteri yansıtır, yönlü bir inancı değil.

Sahipler 745

Tutulan Değer $27.2B

Yeni pozisyonlar 129

Çıkan pozisyonlar 115

Kurumsal faaliyet — Q2 2026 ve önceki çeyrek

Yeni pozisyonlar	Çıkan pozisyonlar	Artırıldı	Azaldı	Net hisse senedi değişimi
129 (+11 önceki Ç'ye göre)	115 (+23 önceki Ç'ye göre)	256 (-28 önceki Ç'ye göre)	241 (+13 önceki Ç'ye göre)	+7.8M

Q1 2026 ile karşılaştırıldı. SEC Form 13F başvuruları, çeyrek sonundan itibaren 45 gün içinde ve geç başvuranlar için kısa bir ek süre içinde tamamlanmalıdır — bu pencere içindeki çeyrekler, en son tam olarak raporlanan çifte tercih edilerek atlanır.

Kurum	Değer	Hisse senetleri	% izlenen 13F'nin	Tür
VANGUARD GROUP INC	$3.668.126.910	21.076.344	13,48%	Hisse senetleri
FMR LLC	$1.721.228.828	16.143.583	6,33%	Hisse senetleri
BlackRock, Inc.	$1.685.447.191	15.807.984	6,19%	Hisse senetleri
VANGUARD PORTFOLIO MANAGEMENT LLC	$1.109.696.908	10.407.962	4,08%	Hisse senetleri
JPMORGAN CHASE & CO	$1.092.246.620	10.428.170	4,01%	Hisse senetleri
VANGUARD CAPITAL MANAGEMENT LLC	$1.043.902.026	9.790.865	3,84%	Hisse senetleri
BAKER BROS. ADVISORS LP	$937.841.355	8.796.111	3,45%	Hisse senetleri
Capital International Investors	$878.338.960	8.238.124	3,23%	Hisse senetleri
Darwin Global Management, Ltd.	$673.600.013	6.431.163	2,48%	Hisse senetleri
AMERIPRISE FINANCIAL INC	$658.878.001	6.179.571	2,42%	Hisse senetleri
Orbis Allan Gray Ltd	$647.875.044	6.076.487	2,38%	Hisse senetleri
STATE STREET CORP	$645.282.792	6.052.174	2,37%	Hisse senetleri
D. E. Shaw & Co., Inc.	$626.707.989	5.877.959	2,30%	Hisse senetleri
Artisan Partners Limited Partnership	$580.195.955	5.441.718	2,13%	Hisse senetleri
RTW INVESTMENTS, LP	$516.347.866	4.842.880	1,90%	Hisse senetleri
GEODE CAPITAL MANAGEMENT, LLC	$448.763.113	4.220.155	1,65%	Hisse senetleri
NORGES BANK	$360.124.083	3.377.641	1,32%	Hisse senetleri
UBS Group AG	$275.553.633	2.584.446	1,01%	Hisse senetleri
CITADEL ADVISORS LLC	$272.624.461	2.556.973	1,00%	Hisse senetleri
FRANKLIN RESOURCES INC	$242.371.000	2.273.222	0,89%	Hisse senetleri
MAVERICK CAPITAL LTD	$229.314.244	2.150.762	0,84%	Hisse senetleri
MILLENNIUM MANAGEMENT LLC	$218.358.293	2.048.005	0,80%	Hisse senetleri
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC	$198.680.888	1.215.025	0,73%	Hisse senetleri
Qube Research & Technologies Ltd	$179.370.451	1.682.334	0,66%	Hisse senetleri
WESTFIELD CAPITAL MANAGEMENT CO LP	$173.743.795	1.629.561	0,64%	Hisse senetleri
Integral Health Asset Management, LLC	$170.592.000	1.600.000	0,63%	Hisse senetleri
GOLDMAN SACHS GROUP INC	$150.322.007	1.409.885	0,55%	Hisse senetleri
VANGUARD FIDUCIARY TRUST CO	$149.433.474	1.401.552	0,55%	Hisse senetleri
Bellevue Group AG	$148.566.227	1.393.418	0,55%	Hisse senetleri
Balyasny Asset Management L.P.	$141.423.967	1.326.430	0,52%	Hisse senetleri
Paradigm Biocapital Advisors LP	$141.375.668	1.325.977	0,52%	Hisse senetleri
NORTHERN TRUST CORP	$140.239.951	1.315.325	0,52%	Hisse senetleri
Bank of New York Mellon Corp	$139.965.961	1.312.756	0,51%	Hisse senetleri
TWO SIGMA INVESTMENTS, LP	$132.445.710	1.242.222	0,49%	Hisse senetleri
MORGAN STANLEY	$131.515.791	1.233.498	0,48%	Hisse senetleri
Pictet Asset Management Holding SA	$129.804.038	1.220.353	0,48%	Hisse senetleri
CHARLES SCHWAB INVESTMENT MANAGEMENT INC	$129.432.735	1.213.963	0,48%	Hisse senetleri
Hood River Capital Management LLC	$112.683.586	1.056.871	0,41%	Hisse senetleri
BANK OF AMERICA CORP /DE/	$109.084.466	1.023.114	0,40%	Hisse senetleri
SEI INVESTMENTS CO	$108.312.723	1.015.870	0,40%	Hisse senetleri
Castle Hook Partners LP	$105.906.712	993.310	0,39%	Hisse senetleri
JENNISON ASSOCIATES LLC	$96.501.143	905.094	0,35%	Hisse senetleri
TimesSquare Capital Management, LLC	$95.626.169	584.798	0,35%	Hisse senetleri
Polar Capital Holdings Plc	$94.984.773	890.872	0,35%	Hisse senetleri
MILLENNIUM MANAGEMENT LLC	$92.119.680	864.000	0,34%	Alım opsiyonu
FIL Ltd	$91.289.537	856.214	0,34%	Hisse senetleri
PRINCIPAL FINANCIAL GROUP INC	$91.280.154	856.126	0,34%	Hisse senetleri
ADAGE CAPITAL PARTNERS GP, L.L.C.	$90.627.000	850.000	0,33%	Hisse senetleri
Fiera Capital Corp	$89.885.138	843.042	0,33%	Hisse senetleri
Legal & General Group Plc	$88.114.072	826.431	0,32%	Hisse senetleri

Tüm 745 kurumsal sahibi göster →

Şirket yöneticileri 48 içeriden öğrenenler · 31 yöneticiler · 18 yönetim kurulu üyeleri

19

İçeriden Öğrenen	Rol	Son işlem	Sahip olunan hisse senetleri	Satışlar 12ay	Net 12ay
William Lewis	Chair and CEO	23 Temmuz 2026 M	259.058	74	$-32.791.057
Timothy Whitten	President & CEO	01 Haziran 2012 P	10.000	0	$0
Geoffrey Allan	President, CEO and Chairman	31 Mart 2009 M	1.715.557	0	$0
Sara Bonstein	Chief Financial Officer	03 Haziran 2026 S	69.082	6	$-2.132.573
Paolo Tombesi	Chief Financial Officer	03 Ocak 2019 A	10.669	0	$0
Andrew T Drechsler	Chief Financial Officer	01 Mart 2017 M	15.000	0	$0
Kevin P Tully	Executive VP & CFO	21 Aralık 2011 A	377.344	0	$0
Steve C Glover	President Follow-on Biologics	31 Mart 2009 M	372.113	0	$0
Roger Adsett	Chief Operating Officer	10 Ağustos 2026 M	98.744	10	$-48.253.225
Ronald D Gunn	Executive Vice President & COO	08 Aralık 2005 A	40.074	0	$0
Martina Flammer M.D.	Chief Medical Officer	06 Ağustos 2026 M	60.486	40	$-23.323.179
Samuele Butera	SVP, GM, Global Respiratory	23 Haziran 2026 A	7.342	0	$0
Michael Alexander Smith	Chief Legal Officer	22 Haziran 2026 S	37.648	20	$-13.997.738
Orlov S Nicole Schaeffer	Chief People Strategy Officer	02 Ocak 2026 M	41.754	9	$-21.113.483
John Drayton Wise	Chief Commercial Officer	07 Şubat 2025 S	133.015	0	$0
John Soriano	Chief Compliance Officer	07 Eylül 2021 M	35.204	0	$0
Christine A Pellizzari	Chief Legal Officer	15 Mayıs 2021 F	149.985	0	$0
John Goll	Chief Accounting Officer	03 Ocak 2020 A	14.166	0	$0
Paul Streck	Chief Medical Officer	08 Ağustos 2018 A	15.996	0	$0
Eugene Jeffrey Sullivan	Chief Med. & Scientific Ofc.	17 Mayıs 2017 A	·	0	$0
Mark Quigley	Vice President, Quality	12 Mayıs 2015 M	0	0	$0
Peggy Berry	Vice President, Regulatory	26 Şubat 2015 A	·	0	$0
Matthew Pauls	Chief Commercial Officer	02 Haziran 2014 A	·	0	$0
Renu Gupta	Executive Vice President & CMO	31 Ocak 2014 M	37.014	0	$0
Andrea Holtzman Drucker	SVP, Gen. Counsel & Corp Sec.	03 Haziran 2013 M	45.000	0	$0
Nicholas A. Labella Jr.	Chief Scientific Officer	21 Aralık 2011 A	·	0	$0
Nicholas Lee Gurreri	Senior VP, Commercial Ops	31 Ocak 2011 A	·	0	$0
Doug Farrar	Vice President, ITP	31 Mart 2009 M	292.055	0	$0
Michael Duncan	Principal Financial Officer	08 Aralık 2005 A	·	0	$0
Philip J Young	Chief Business Officer and EVP	08 Aralık 2005 A	·	0	$0
Thomas A Keuer	Sr VP, ITP (Subsidiary)	08 Aralık 2005 A	·	0	$0
David R Brennan	Yönetim kurulu üyesi	09 Eylül 2026 S	39.238	1	$-3.100.000
Melvin Sharoky MD	Yönetim kurulu üyesi	17 Ağustos 2026 S	0	2	$-4.737.850
Clarissa Desjardins	Yönetim kurulu üyesi	13 Mayıs 2026 A	70.312	0	$0
Elizabeth M Anderson	Yönetim kurulu üyesi	13 Mayıs 2026 A	62.034	2	$-2.981.600
Leo Lee	Yönetim kurulu üyesi	13 Mayıs 2026 A	57.971	5	$-14.692.249
David W J Mcgirr	Yönetim kurulu üyesi	09 Şubat 2026 G	53.400	0	$0
Alfred Altomari	Yönetim kurulu üyesi	13 Mayıs 2024 A	69.495	0	$0
Steinar J Engelsen	Yönetim kurulu üyesi	01 Kasım 2021 P	320.802	0	$0
Donald J Hayden JR	Yönetim kurulu üyesi	09 Nisan 2019 M	62.197	0	$0
Myrtle S Potter	Yönetim kurulu üyesi	15 Mayıs 2018 A	25.510	0	$0
Randall W Whitcomb	Yönetim kurulu üyesi	10 Mart 2015 M	69.188	0	$0
Richard S Kollender	Yönetim kurulu üyesi	31 Ekim 2013 M	24.598	0	$0
Dennis M Lanfear	Yönetim kurulu üyesi	09 Haziran 2010 A	168.404	0	$0
Graham K Crooke	Yönetim kurulu üyesi	09 Haziran 2010 A	228.404	0	$0
Kenneth G Condon	Yönetim kurulu üyesi	09 Haziran 2010 A	168.504	0	$0
FMR LLC	10% sahip	22 Temmuz 2013 S	2.221	0	$0
Carol Schafer	·	13 Mayıs 2026 A	66.622	0	$0

SEC Form 3/4/5 başvurularından yöneticiler; net = yalnızca açık piyasa Alış/Satış

ETF sahipliği 75 ETF'ler tarafından tutuluyor

20

Ağırlık yalnızca doğrudan öz sermaye varlıklarını (N-PORT) yansıtır; kaldıraçlı veya türev tabanlı fonlar gösterilmeyen ek swap pozisyonlarına sahip olabilir.

Fon	Ağırlık	Birimler	Tarih itibarıyla	Kaynak
PTH · Invesco Exchange-Traded Fund Trust	3,46%	91.963 SH	02 Ekim 2026	Günlük
MEDI · Harbor ETF Trust	2,52%	10.513 NS	31 Temmuz 2026	N-PORT
IBB · iShares Trust	2,02%	1.640.771 SH	11 Eylül 2026	Günlük
SPIT · RBB Fund, Inc.	1,60%	5.414 NS	31 Temmuz 2026	N-PORT
IBBQ · Invesco Exchange-Traded Fund Trust …	1,59%	15.452 SH	02 Ekim 2026	Günlük
BBP · ETFis Series Trust I	1,39%	13.870 NS	31 Temmuz 2026	N-PORT
PDP · Invesco Exchange-Traded Fund Trust	1,09%	148.867 SH	02 Ekim 2026	Günlük
JDOC · J.P. Morgan Exchange-Traded Fund Tr…	0,97%	894 NS	31 Temmuz 2026	N-PORT
IWP · iShares Trust	0,80%	1.209.253 SH	11 Eylül 2026	Günlük
LABU · Direxion Shares ETF Trust	0,73%	36.726 NS	31 Temmuz 2026	N-PORT
IYH · iShares Trust	0,44%	125.597 SH	11 Eylül 2026	Günlük
IMCG · iShares Trust	0,38%	118.553 SH	11 Eylül 2026	Günlük
WINN · Harbor ETF Trust	0,36%	40.917 NS	31 Temmuz 2026	N-PORT
VHT · VANGUARD WORLD FUND	0,33%	632.581 SH	19 Ağustos 2026	Günlük
VBK · VANGUARD INDEX FUNDS	0,32%	1.435.651 SH	19 Ağustos 2026	Günlük
FHLC · FIDELITY COVINGTON TRUST	0,30%	100.200 NS	31 Temmuz 2026	N-PORT
FFLG · FIDELITY COVINGTON TRUST	0,26%	15.672 NS	31 Temmuz 2026	N-PORT
VXF · VANGUARD INDEX FUNDS	0,26%	2.487.127 SH	19 Ağustos 2026	Günlük
VOT · VANGUARD INDEX FUNDS	0,25%	830.249 SH	19 Ağustos 2026	Günlük
SIZE · iShares Trust	0,23%	7.660 SH	11 Eylül 2026	Günlük
PWS · Pacer Funds Trust	0,21%	502 NS	31 Temmuz 2026	N-PORT
IWR · iShares Trust	0,20%	879.778 SH	11 Eylül 2026	Günlük
EUSA · iShares, Inc.	0,20%	29.864 SH	11 Eylül 2026	Günlük
HEQQ · J.P. Morgan Exchange-Traded Fund Tr…	0,19%	587 NS	31 Temmuz 2026	N-PORT
IMCB · iShares Trust	0,19%	25.151 SH	11 Eylül 2026	Günlük
FFSM · FIDELITY COVINGTON TRUST	0,19%	28.857 NS	31 Temmuz 2026	N-PORT
JMOM · J.P. Morgan Exchange-Traded Fund Tr…	0,15%	38.663 NS	31 Temmuz 2026	N-PORT
VB · VANGUARD INDEX FUNDS	0,14%	2.485.842 SH	19 Ağustos 2026	Günlük
ESLG · Strategy Shares	0,13%	313 NS	31 Temmuz 2026	N-PORT
ESUM · Strategy Shares	0,13%	2.410 NS	31 Temmuz 2026	N-PORT
LRND · New York Life Investments ETF Trust	0,12%	4.894 NS	31 Temmuz 2026	N-PORT
ESLV · Strategy Shares	0,12%	171 NS	31 Temmuz 2026	N-PORT
SUSA · iShares Trust	0,11%	35.904 SH	11 Eylül 2026	Günlük
PRFZ · Invesco Exchange-Traded Fund Trust	0,11%	27.404 SH	02 Ekim 2026	Günlük
VO · VANGUARD INDEX FUNDS	0,11%	2.348.570 SH	19 Ağustos 2026	Günlük
USXF · iShares Trust	0,11%	12.482 SH	11 Eylül 2026	Günlük
SDG · iShares Trust	0,10%	1.340 SH	11 Eylül 2026	Günlük
ESSC · Strategy Shares	0,10%	368 NS	31 Temmuz 2026	N-PORT
ILCG · iShares Trust	0,09%	20.984 SH	10 Eylül 2026	Günlük
IWF · iShares Trust	0,08%	806.337 SH	11 Eylül 2026	Günlük
EQAL · Invesco Exchange-Traded Fund Trust …	0,08%	5.939 SH	02 Ekim 2026	Günlük
FBCG · FIDELITY COVINGTON TRUST	0,08%	53.285 NS	31 Temmuz 2026	N-PORT
VONG · VANGUARD SCOTTSDALE FUNDS	0,07%	339.999 SH	19 Ağustos 2026	Günlük
VUG · VANGUARD INDEX FUNDS	0,05%	1.801.856 SH	19 Ağustos 2026	Günlük
DYNF · BlackRock ETF Trust	0,05%	147.228 SH	11 Eylül 2026	Günlük
ILCB · iShares Trust	0,04%	4.085 SH	11 Eylül 2026	Günlük
VFMO · VANGUARD WELLINGTON FUND	0,04%	7.753 SH	19 Ağustos 2026	Günlük
ESGV · VANGUARD WORLD FUND	0,04%	48.501 SH	19 Ağustos 2026	Günlük
IWB · iShares Trust	0,04%	148.337 SH	11 Eylül 2026	Günlük
IYY · iShares Trust	0,04%	9.185 SH	11 Eylül 2026	Günlük
ITOT · iShares Trust	0,04%	283.947 SH	11 Eylül 2026	Günlük
IWV · iShares Trust	0,04%	59.481 SH	11 Eylül 2026	Günlük
PBUS · Invesco Exchange-Traded Fund Trust …	0,03%	36.631 SH	02 Ekim 2026	Günlük
BBUS · J.P. Morgan Exchange-Traded Fund Tr…	0,03%	29.520 NS	31 Temmuz 2026	N-PORT
VOTE · TCW ETF Trust	0,03%	3.623 NS	31 Temmuz 2026	N-PORT
BKLC · BNY Mellon ETF Trust	0,03%	17.548 NS	31 Temmuz 2026	N-PORT
DFUS · Dimensional ETF Trust	0,03%	66.777 NS	31 Temmuz 2026	N-PORT
TOK · iShares Trust	0,03%	583 SH	11 Eylül 2026	Günlük
VTI · VANGUARD INDEX FUNDS	0,03%	6.885.800 SH	19 Ağustos 2026	Günlük
VONE · VANGUARD SCOTTSDALE FUNDS	0,03%	35.614 SH	19 Ağustos 2026	Günlük
VTHR · VANGUARD SCOTTSDALE FUNDS	0,03%	18.072 SH	19 Ağustos 2026	Günlük
TOV · EA Series Trust	0,03%	751 NS	31 Temmuz 2026	N-PORT
URTH · iShares, Inc.	0,03%	18.868 SH	11 Eylül 2026	Günlük
RECS · Columbia ETF Trust I	0,03%	17.415 NS	31 Temmuz 2026	N-PORT
ACWI · iShares Trust	0,03%	67.041 SH	11 Eylül 2026	Günlük
CRBN · iShares Trust	0,02%	2.066 SH	11 Eylül 2026	Günlük
VV · VANGUARD INDEX FUNDS	0,02%	126.924 SH	19 Ağustos 2026	Günlük
VT · VANGUARD INTERNATIONAL EQUITY INDEX…	0,02%	178.900 SH	19 Ağustos 2026	Günlük
TILT · FlexShares Trust	0,02%	4.108 NS	31 Temmuz 2026	N-PORT
DFSU · Dimensional ETF Trust	0,02%	4.167 NS	31 Temmuz 2026	N-PORT
DCOR · Dimensional ETF Trust	0,02%	5.993 NS	31 Temmuz 2026	N-PORT
DFAU · Dimensional ETF Trust	0,01%	18.487 NS	31 Temmuz 2026	N-PORT
HDUS · Lattice Strategies Trust	0,01%	250 NS	31 Temmuz 2026	N-PORT
DFAC · Dimensional ETF Trust	0,01%	48.566 NS	31 Temmuz 2026	N-PORT
SMLF · iShares Trust	·	124.879 SH	11 Eylül 2026	Günlük

INSM Analist Uzlaşması Boğa ve ayı analist görüşleri, 12 aylık fiyat hedefi, yukarı yönlü potansiyel

21

derecelendirme · 30 analist AL

Medyan hedef $195.00 +75,5%

9 30,0% Güçlü Al

20 66,7% Al

1 3,3% Tut

0 0,0% Sat

0 0,0% Güçlü Sat

12 Aylık Fiyat Hedefi

23 analist · 2026-09-29

Ortalama hedef $199.04 +79,1%

← Tüm hedeflerin altında Mevcut fiyat $111.12

Düşük$169.00 Ortalama$199.04 Yüksek$243.00

Akran karşılaştırması (GICS alt sektörü) Anahtar metrikler sektördeki benzerlerine karşı

22

Mali yıl bazında, fiyatlar her şirketin son mali yıl kapanışına göredir.

Hisse Sembolü	Piyasa Değeri	P/E	Gelir YoY	Net Kar Marjı	ROE	Brüt Kar Marjı
INSM	$37.29B	-27.1	66.7%	-210.5%	-128.4%	·
NTRA	$32.00B	-150.7	35.9%	-9.0%	-14.1%	·
RVMD	·	·	·	·	·	·
BIIB	$25.84B	20.0	2.2%	13.1%	7.2%	·
ALNY	$52.64B	170.7	65.2%	8.5%	60.4%	·
UTHR	$21.27B	17.5	10.6%	41.9%	18.7%	87.9%
INCY	$19.60B	15.4	21.2%	25.0%	27.6%	·
NBIX	$14.20B	30.4	21.4%	16.7%	16.1%	·
EXEL	$11.44B	15.7	7.0%	33.7%	37.3%	·
SMMT	$13.56B	-12.1	·	·	-235.1%	·

Son Haberler Bu şirketten bahseden son manşetler

23

Is Insmed (INSM) One of the Most Promising Healthcare Stocks After Cantor Fitzgerald’s Target Raise? Yahoo Finance · 3 ay, 1 hafta önce Rekabet Baskıları Truist'i Insmed (INSM) Hedefini Düşürmeye Yöneltti Yahoo Finance · 4 ay, 1 hafta önce Insmed CEO, Japonya'daki hasta popülasyonunun akciğer hastalığı için ABD pazarını aştığını açıkladı Yahoo Finance · 6 ay, 1 hafta önce Artisan Small Cap Fondu, Değerlendirme Gerekçesiyle Insmed (INSM) Satışını Gerçekleştirdi Yahoo Finance · 6 ay, 2 hafta önce

Metriklerim Kişisel izleme listeniz — Tam Temeller'den seçilen satırlar

26

Sizin için önemli olan metrikleri seçin — Yukarıdaki Tam Temeller bölümündeki herhangi bir satırın yanındaki + işaretine tıklayın.

Seçiminiz kaydedildi ve tüm hisse senetlerinde sizinle birlikte gelir.

INSM Insmed Incorporated - Common Stock