Financial Summary (All financials)
| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 |
| Revenues | 1,391.0 | 1,110.5 | 772.4 | 541.8 | 380.8 |
| Revenue growth | 25.3% | 43.8% | 42.6% | 42.3% | |
| Cost of goods sold | 442.5 | 253.6 | 172.3 | 118.6 | 81.3 |
| Gross profit | 948.5 | 856.9 | 600.1 | 423.2 | 299.5 |
| Gross margin | 68.2% | 77.2% | 77.7% | 78.1% | 78.7% |
| Sales and marketing | 498.0 | 344.9 | 216.4 | 174.1 | 134.5 |
| Research and development | 959.5 | 695.7 | 403.5 | 255.9 | 204.1 |
| General and administrative | 373.3 | 347.9 | 255.0 | 143.8 | 91.3 |
| EBITA | -709.7 | -498.2 | -257.1 | -139.1 | -126.4 |
| EBITA margin | -51.0% | -44.9% | -33.3% | -25.7% | -33.2% |
| Amortization of intangibles | 172.6 | 33.5 | 17.8 | 11.6 | 3.9 |
| EBIT | -882.2 | -531.7 | -274.8 | -150.7 | -130.3 |
| EBIT margin | -63.4% | -47.9% | -35.6% | -27.8% | -34.2% |
| Pre-tax income | -882.4 | -531.2 | -280.2 | -153.2 | -132.6 |
| Income taxes | 37.1 | 1.4 | 2.1 | 9.9 | -1.0 |
| Tax rate | | | | | 0.8% |
| Net income | -918.2 | -532.6 | -282.3 | -163.2 | -131.6 |
| Net margin | -66.0% | -48.0% | -36.5% | -30.1% | -34.6% |
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| Diluted EPS | ($2.96) | ($1.89) | ($1.66) | ($1.43) | ($1.24) |
| Shares outstanding (diluted) | 310.5 | 282.2 | 170.0 | 114.4 | 106.0 |
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| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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