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-31-17 | Dec-31-16 |
| Revenues | 3,812.0 | 2,958.0 | 2,208.7 | 3,465.5 | 2,106.0 | 1,059.9 | 343.3 |
| Revenue growth | 28.9% | 33.9% | -36.3% | 64.6% | 98.7% | 208.7% | |
| Cost of goods sold | 2,435.7 | 1,702.3 | 1,447.5 | 2,176.5 | 1,243.4 | 659.5 | 279.0 |
| Gross profit | 1,376.3 | 1,255.7 | 761.1 | 1,289.0 | 862.6 | 400.3 | 64.3 |
| Gross margin | 36.1% | 42.4% | 34.5% | 37.2% | 41.0% | 37.8% | 18.7% |
| Sales and marketing | 531.5 | 411.4 | 416.3 | 814.1 | 803.8 | 567.0 | 434.3 |
| Research and development | 856.8 | 911.9 | 909.1 | 1,505.6 | 300.8 | 136.6 | 64.7 |
| General and administrative | 1,286.2 | 915.6 | 946.1 | 1,186.1 | 447.9 | 221.4 | 160.0 |
| EBITA | -1,440.5 | -1,117.1 | -1,779.2 | -2,667.4 | -972.9 | -708.3 | -692.6 |
| EBITA margin | -37.8% | -37.8% | -80.6% | -77.0% | -46.2% | -66.8% | -201.7% |
| Amortization of intangibles | 18.4 | 18.1 | 29.2 | 35.1 | 4.8 | | |
| EBIT | -1,458.9 | -1,135.2 | -1,808.4 | -2,702.5 | -977.7 | -708.3 | -692.6 |
| EBIT margin | -38.3% | -38.4% | -81.9% | -78.0% | -46.4% | -66.8% | -201.7% |
| Pre-tax income | -1,578.6 | -1,050.9 | -1,797.4 | -2,599.9 | -910.6 | -687.7 | -682.4 |
| Income taxes | 5.9 | 11.2 | -44.5 | 2.4 | 0.7 | 0.6 | 0.4 |
| Tax rate | | | 2.5% | | | | |
| Net income | -1,584.5 | -1,062.1 | -1,752.9 | -2,602.2 | -911.3 | -688.3 | -682.8 |
| Net margin | -41.6% | -35.9% | -79.4% | -75.1% | -43.3% | -64.9% | -198.9% |
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| Diluted EPS | ($4.47) | ($3.17) | ($5.61) | ($11.44) | ($43.04) | ($35.53) | ($37.08) |
| Shares outstanding (diluted) | 354.7 | 334.7 | 312.2 | 227.5 | 21.2 | 19.4 | 18.4 |
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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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