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 | Dec-05-18 | Dec-31-17 |
| Revenues | 2,802.6 | 2,578.0 | 1,692.7 | 1,142.8 | 755.9 | 755.9 | 472.9 |
| Revenue growth | 8.7% | 52.3% | 48.1% | 51.2% | 59.9% | | |
| Cost of goods sold | 678.6 | 529.3 | 449.4 | 358.9 | 241.6 | 241.6 | 178.7 |
| Gross profit | 2,124.0 | 2,048.7 | 1,243.3 | 783.9 | 514.3 | 514.3 | 294.2 |
| Gross margin | 75.8% | 79.5% | 73.5% | 68.6% | 68.0% | 68.0% | 62.2% |
| Sales and marketing | 933.1 | 641.3 | 442.8 | 611.6 | 259.9 | 259.9 | 162.5 |
| Research and development | 949.0 | 780.3 | 606.2 | 1,207.1 | 251.7 | 251.7 | 208.0 |
| General and administrative | 343.5 | 301.0 | 336.8 | 354.1 | 77.5 | 77.5 | 61.6 |
| EBITA | -76.8 | 327.5 | -141.5 | -1,387.4 | -74.0 | -74.7 | -136.4 |
| EBITA margin | -2.7% | 12.7% | -8.4% | -121.4% | -9.8% | -9.9% | -28.9% |
| Amortization of intangibles | 24.9 | 1.3 | 1.0 | 1.5 | 0.7 | | 1.5 |
| EBIT | -101.7 | 326.2 | -142.5 | -1,388.9 | -74.7 | -74.7 | -137.9 |
| EBIT margin | -3.6% | 12.7% | -8.4% | -121.5% | -9.9% | -9.9% | -29.2% |
| Pre-tax income | -85.9 | 321.0 | -127.0 | -1,360.8 | -62.6 | -62.6 | -129.7 |
| Income taxes | 10.1 | 4.5 | 1.3 | 0.5 | 0.4 | 0.4 | 0.3 |
| Tax rate | | 1.4% | | | | | |
| Net income | -96.0 | 316.4 | -128.3 | -1,361.4 | -63.0 | -63.0 | -130.0 |
| Net margin | -3.4% | 12.3% | -7.6% | -119.1% | -8.3% | -8.3% | -27.5% |
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| Diluted EPS | ($0.14) | $0.46 | ($0.22) | ($3.24) | ($0.50) | ($0.50) | ($1.03) |
| Shares outstanding (diluted) | 665.7 | 691.7 | 596.3 | 420.5 | 127.1 | 127.1 | 126.6 |
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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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