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 | 2,225.1 | 1,919.2 | 923.9 | 508.4 | 325.0 |
| Revenue growth | 15.9% | 107.7% | 81.7% | 56.4% | |
| Cost of goods sold | 547.7 | 496.9 | 239.9 | 122.4 | 337.5 |
| Gross profit | 1,677.4 | 1,422.3 | 684.0 | 386.0 | -12.6 |
| Gross margin | 75.4% | 74.1% | 74.0% | 75.9% | -3.9% |
| Sales and marketing | 117.4 | 86.4 | 58.4 | 44.7 | 40.5 |
| Research and development | 873.5 | 533.2 | 201.4 | 107.1 | |
| General and administrative | 297.3 | 303.0 | 97.3 | 41.9 | 34.5 |
| EBITA | -907.4 | -484.3 | -265.0 | -76.4 | -87.6 |
| EBITA margin | -40.8% | -25.2% | -28.7% | -15.0% | -26.9% |
| Amortization of intangibles | 16.4 | 10.8 | 1.1 | | |
| EBIT | -923.8 | -495.1 | -266.1 | -76.4 | -87.6 |
| EBIT margin | -41.5% | -25.8% | -28.8% | -15.0% | -26.9% |
| Pre-tax income | -930.6 | -503.8 | -264.3 | -71.1 | -88.1 |
| Income taxes | 3.6 | -0.3 | -6.7 | 0.0 | 0.0 |
| Tax rate | | 0.1% | 2.5% | | |
| Net income | -924.4 | -491.7 | -253.3 | -71.0 | -0.1 |
| Net margin | -41.5% | -25.6% | -27.4% | -14.0% | 0.0% |
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| Diluted EPS | ($1.55) | ($0.97) | ($1.39) | ($0.44) | ($0.60) |
| Shares outstanding (diluted) | 595.6 | 505.9 | 182.1 | 163.1 | 0.1 |
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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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