ABCL - AbCellera Biologics Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$8.00
DETAILS
HIGH:
$9.00
LOW:
$7.00
MEDIAN:
$8.00
CONSENSUS:
$8.00
DOWNSIDE:
13.98%
| Metric | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 | 2021 Q4 | 2021 Q3 | 2021 Q2 | 2021 Q1 | 2020 Q4 | 2020 Q3 | 2020 Q2 | 2020 Q1 | 2019 Q4 | 2019 Q3 | 2019 Q2 | 2019 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||
| Revenue | 4.0 | 8.3 | 44.9 | 9.0 | 17.1 | 4.2 | 5.0 | 6.5 | 7.3 | 10.0 | 9.2 | 6.6 | 10.1 | 12.2 | 21.5 | 101.4 | 45.9 | 316.6 | 139.3 | 5.5 | 27.6 | 202.7 | 207.9 | 9.4 | 11.2 | 4.7 | 3.2 | 3.5 | 2.5 | 2.5 |
| Cost of Revenue | 0 | 8.7 | 7.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.6 | 15.0 | 5.2 | 44.6 | 21.9 | 0 | 3.6 | 20.0 | 0 | 0 | 0 | 0 | 0 | 2.8 | 2.0 | 2.0 |
| Gross Profit | 4.0 | (0.3) | 36.9 | 9.0 | 17.1 | 4.2 | 5.0 | 6.5 | 7.3 | 10.0 | 9.2 | 6.6 | 10.1 | 12.2 | 20.0 | 86.3 | 40.7 | 271.9 | 117.4 | 5.5 | 24.0 | 182.7 | 0 | 9.4 | 11.2 | 4.7 | 0 | 0.7 | 0.5 | 0.5 |
| Operating Expenses | ||||||||||||||||||||||||||||||
| R&D Expenses | 46.0 | 46.7 | 50.1 | 55.0 | 39.2 | 42.5 | 46.1 | 41.0 | 40.9 | 39.3 | 48.6 | 37.9 | 36.5 | 52.6 | 28.2 | 26.6 | 26.7 | 26.4 | 17.2 | 17.4 | 15.0 | 12.4 | 8.6 | 7.5 | 9.1 | 4.1 | 3.3 | 2.8 | 2.0 | 2.0 |
| SG&A Expenses | 13.8 | 10.5 | 15.4 | 25.0 | 22.0 | 19.1 | 19.2 | 22.3 | 23.3 | 20.7 | 19.1 | 17.8 | 19.4 | 18.9 | 15.7 | 16.9 | 17.5 | 16.6 | 14.7 | 12.5 | 12.5 | 9 | 8.0 | 3.6 | 2.0 | 2.1 | 1.4 | 1.0 | 0.8 | 0.8 |
| Other Expenses | 7.0 | 0 | 0 | 5.2 | 5.5 | 5.3 | 12.6 | 36.9 | 36.5 | 4.8 | 7.5 | 5.7 | 5.6 | 5.5 | 13.8 | 5.2 | 4.9 | 4.0 | 4.0 | 3.7 | 3.5 | 3.3 | 30.5 | 0.0 | 0.9 | 0.6 | 0.4 | 0 | 0 | 0 |
| Operating Expenses | 66.8 | 57.2 | 65.5 | 85.2 | 66.7 | 66.9 | 77.8 | 100.2 | 100.8 | 64.8 | 75.2 | 61.5 | 61.4 | 77.1 | 57.8 | 48.6 | 49.1 | 47.0 | 35.9 | 33.6 | 31.1 | 24.7 | 47.1 | 11.1 | 12.1 | 6.8 | 5.2 | 0.6 | 0.8 | 0.8 |
| Operating Income | ||||||||||||||||||||||||||||||
| Operating Income | (62.8) | (57.5) | (28.6) | (76.3) | (49.6) | (62.7) | (72.8) | (93.7) | (93.5) | (54.9) | (66.1) | (54.9) | (51.4) | (64.9) | (37.8) | 37.7 | (8.4) | 224.9 | 81.6 | (28.1) | (7.0) | 158.1 | 160.8 | (1.8) | (0.9) | (2.1) | (2.0) | (0.7) | (0.7) | (0.7) |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.6 | 0 | 0 | 0 | 0.1 | 0 | 0 | 0 |
| Interest Income | 0 | 3.6 | 5.9 | 6.8 | 7.6 | 8.1 | 8.7 | 9.6 | 9.8 | 10.4 | 11.0 | 10.7 | 10.8 | 9.8 | 0 | 5.6 | 1.4 | 0.7 | 0 | 0 | 0 | 0 | 0.1 | 0 | 0 | 0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Profitability | ||||||||||||||||||||||||||||||
| EBITDA | (41.5) | (40.9) | (11.6) | (66.3) | (38.8) | (51.9) | (55.3) | (51.9) | (52.1) | (44.9) | (53.6) | (44.7) | (39.6) | (54.4) | (4.7) | 46.6 | (0.8) | 235.1 | 94.2 | (19.5) | 1.8 | 165.2 | 160.9 | 0.5 | 8.1 | (0.4) | (1.1) | (0.3) | (0.3) | (0.3) |
| EBIT | (59.0) | (49.5) | (19.5) | (73.5) | (45.9) | (58.5) | (69.2) | (90.2) | (90.1) | (51.6) | (62.7) | (52.1) | (46.8) | (61.5) | (20.0) | 39.9 | (6.9) | 230.1 | 89.3 | (23.7) | (2.4) | 161.2 | 157.5 | (0.4) | 7.0 | (1.1) | (1.6) | (0.7) | (0.7) | (0.7) |
| Income Before Tax | (59.0) | (49.5) | (19.5) | (68.8) | (36.3) | (53.0) | (46.8) | (62.6) | (48.2) | (42.7) | (48.6) | (39.3) | (38.0) | (48.1) | (31.4) | 46.6 | (6.9) | 230.8 | 84.7 | (25.0) | (2.1) | 161.5 | 155.9 | (2.7) | 6.7 | (2.1) | (1.6) | 0.0 | (0.3) | (0.3) |
| Income Tax Expense | (3.5) | (6.4) | (10.6) | (11.6) | (1.6) | (7.4) | (12.6) | (11.5) | (11.3) | (2.1) | (1.5) | (10.7) | (7.5) | (8.0) | (1.5) | 20.0 | (0.1) | 62.2 | 24.8 | (3.6) | 0.2 | 44.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income | (55.4) | (43.2) | (8.9) | (57.1) | (34.7) | (45.6) | (34.2) | (51.1) | (36.9) | (40.6) | (47.1) | (28.6) | (30.5) | (40.1) | (29.9) | 26.6 | (6.8) | 168.6 | 59.9 | (21.4) | (2.3) | 117.2 | 117.0 | (2.7) | 6.7 | (2.1) | (1.6) | 0.0 | (0.3) | (0.3) |
| Per Share Data | ||||||||||||||||||||||||||||||
| EPS (Basic) | -0.18 | -0.14 | -0.03 | -0.19 | -0.12 | -0.15 | -0.12 | -0.17 | -0.13 | -0.14 | -0.16 | -0.10 | -0.11 | -0.14 | -0.10 | 0.09 | -0.02 | 0.59 | 0.21 | -0.08 | -0.01 | 0.43 | 0.43 | -0.01 | 0.03 | -0.01 | -0.01 | 0.00 | -0.00 | -0.00 |
| EPS (Diluted) | -0.18 | -0.14 | -0.03 | -0.19 | -0.12 | -0.15 | -0.12 | -0.17 | -0.13 | -0.14 | -0.16 | -0.10 | -0.11 | -0.14 | -0.10 | 0.08 | -0.02 | 0.54 | 0.19 | -0.08 | -0.01 | 0.37 | 0.37 | -0.01 | 0.03 | -0.01 | -0.01 | 0.00 | -0.00 | -0.00 |
| Shares Outstanding | 305.6 | 303.1 | 298.7 | 298.9 | 298.5 | 297.7 | 294.6 | 294.9 | 294.2 | 292.7 | 290.9 | 289.5 | 288.9 | 287.8 | 286.4 | 285.3 | 284.7 | 283.9 | 279.8 | 278.9 | 272.2 | 269.7 | 269.7 | 266.0 | 215.4 | 215.4 | 215.4 | 158.8 | 151.1 | 151.1 |
| Metric | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 | 2021 Q4 | 2021 Q3 | 2021 Q2 | 2021 Q1 | 2020 Q4 | 2020 Q3 | 2020 Q2 | 2020 Q1 | 2019 Q4 | 2019 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 120.1 | 77.1 | 128.5 | 83.2 | 92.4 | 159.3 | 156.3 | 126.6 | 148.3 | 123.6 | 133.3 | 172.4 | 179.7 | 193.0 | 386.5 | 372.0 | 790.6 | 545.7 | 476.1 | 517.7 | 792.6 | 685.8 | 594.1 | 91.1 | 113.1 | (7.6) | 7.6 | (10.4) |
| Short-Term Investments | 420.0 | 427.7 | 405.3 | 412.5 | 460.6 | 446 | 469.3 | 516.5 | 522.0 | 574.5 | 627.3 | 613.4 | 615.9 | 603.5 | 499.9 | 496.2 | 231.7 | 240.3 | 246.8 | 235.8 | 0 | 0 | 0 | 0 | 0 | 15.1 | 0 | 20.9 |
| Net Receivables | 95.4 | 115.7 | 153.4 | 159.4 | 153.4 | 126.6 | 92.1 | 63.2 | 67.7 | 68.8 | 64.4 | 75.5 | 86.2 | 99.6 | 103.4 | 106.0 | 52.8 | 334.4 | 160.6 | 43.6 | 65.3 | 23.4 | 213.7 | 5.5 | 0.3 | 0 | 2.1 | 0 |
| Inventory | 7.6 | 7.9 | 6.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0.7 | 1.1 | 1.2 | 1.4 | 1.4 | 1.5 | 25 | 25 | 25 | 1.7 | 1.3 | 1.2 | 1.2 | 1.4 | 1.0 | 0 | 0 | 0.2 | 0 |
| Other Current Assets | 25 | 36.3 | 34.7 | 40.1 | 35.7 | 33.1 | 33.6 | 36.5 | 33.5 | 21.4 | 45.9 | 25 | 25 | 25 | 25 | 46.5 | 43.9 | 28.9 | 39.3 | 0 | 0 | 193.3 | 0 | 15.5 | 14.2 | 0 | 2.3 | 0 |
| Total Current Assets | 679.2 | 664.6 | 728.2 | 695.1 | 742.1 | 765.0 | 751.4 | 742.9 | 771.6 | 813.9 | 872.0 | 919.5 | 930.7 | 940.7 | 1,025.5 | 1,045.7 | 1,144.0 | 1,174.4 | 929.8 | 803.7 | 864.0 | 908.0 | 813.3 | 114.0 | 128.7 | 7.6 | 12.6 | 10.4 |
| Non-Current Assets | ||||||||||||||||||||||||||||
| Property, Plant & Equipment | 902.9 | 422.8 | 428.0 | 427.4 | 424.0 | 347.1 | 340.4 | 331.3 | 318.9 | 306.1 | 287.7 | 277.2 | 259.6 | 233.2 | 217.3 | 200.6 | 149.2 | 122.0 | 111.6 | 91.6 | 87.5 | 34.6 | 17.9 | 14.3 | 11.6 | 0 | 8.5 | 0 |
| Goodwill | 47.8 | 47.8 | 47.8 | 47.8 | 47.8 | 47.8 | 47.8 | 47.8 | 47.8 | 47.8 | 47.8 | 47.8 | 47.8 | 47.8 | 47.8 | 47.8 | 47.8 | 47.8 | 47.8 | 49.5 | 31.5 | 31.5 | 31.5 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 36.5 | 37.5 | 38.4 | 39.3 | 40.3 | 41.2 | 42.1 | 52.6 | 85.7 | 118.7 | 120.4 | 124.1 | 126.7 | 128.8 | 131.5 | 142.5 | 143.2 | 145.8 | 148.4 | 148.8 | 110.2 | 112.7 | 115.2 | 13.3 | 13.6 | 0 | 0 | 0 |
| Long-Term Investments | 65.2 | 65.3 | 62.6 | 93.3 | 90.4 | 81.6 | 82.3 | 84.1 | 130.8 | 122.1 | 65.9 | 62.9 | 58.8 | 57.6 | 72.5 | 66.7 | 65.8 | 58.9 | 50.3 | 47.5 | 42.7 | 32.2 | 20.0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | (424.1) | 69.1 | 51.9 | 53.1 | 57.5 | 61.6 | 96.5 | 134.2 | 57.8 | 54.4 | 94.2 | 80.7 | 113.4 | 89.8 | 46.3 | 49.1 | 43.8 | 43.4 | 23.2 | 31.6 | 15.9 | 9.5 | 1.7 | 0.9 | 1.3 | (7.6) | 2.4 | (10.4) |
| Total Non-Current Assets | 628.3 | 642.5 | 628.7 | 660.9 | 659.9 | 579.2 | 609.2 | 649.9 | 640.9 | 649.1 | 616.1 | 592.7 | 606.4 | 557.3 | 515.4 | 506.7 | 449.8 | 417.9 | 388.8 | 369.0 | 287.9 | 220.5 | 192.2 | 28.4 | 26.5 | (7.6) | 10.8 | (10.4) |
| Total Assets | 1,307.6 | 1,307.1 | 1,357.0 | 1,356.0 | 1,402.1 | 1,344.2 | 1,360.6 | 1,392.8 | 1,412.5 | 1,463.1 | 1,488.1 | 1,512.2 | 1,537.2 | 1,497.9 | 1,540.9 | 1,552.4 | 1,593.8 | 1,592.3 | 1,318.6 | 1,172.7 | 1,151.9 | 1,128.5 | 1,005.5 | 142.4 | 155.2 | 0 | 23.5 | 0 |
| Current Liabilities | ||||||||||||||||||||||||||||
| Account Payables | 12.1 | 20.8 | 25.2 | 31.8 | 32.0 | 32.8 | 34.4 | 34.8 | 26.6 | 26.9 | 28.6 | 17.4 | 21.0 | 17.6 | 14.8 | 9.3 | 10.3 | 10.4 | 14.9 | 8.9 | 5.6 | 3.6 | 7.3 | 3.0 | 2.5 | 0 | 1.6 | 0 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.2 | 1.5 | 0.2 | 0.3 | 0.4 | 0 | 2.5 | 0 |
| Deferred Revenue | 20.7 | 16.7 | 22.5 | 24.6 | 25.1 | 26.0 | 21.2 | 13.4 | 6.4 | 10.6 | 26.1 | 23.9 | 15.1 | 18.4 | 27.9 | 13.1 | 10.4 | 14.2 | 7.5 | 10.1 | 10.6 | 11.3 | 7.5 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 8.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 27.4 | 59.0 | 50.5 | 57.0 | 58.0 | 46.0 | 0 | 50.4 | 84.8 | 72.9 | 54.8 | 17.5 | 43.2 | 41.9 | 9.1 | 16.2 | 14.9 | 0 | 3.4 | 0 |
| Total Current Liabilities | 53.2 | 47.3 | 64.3 | 68.8 | 67.0 | 75.4 | 76.6 | 79.6 | 70.4 | 104.9 | 119.0 | 110.2 | 118.9 | 89.6 | 118.3 | 106.1 | 221.1 | 213.4 | 120.7 | 49.5 | 69.8 | 88.4 | 103.5 | 20.1 | 18.3 | 0 | 7.9 | 0 |
| Non-Current Liabilities | ||||||||||||||||||||||||||||
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.2 | 1.9 | 16.4 | 0 | 1.4 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 9.1 | 9.7 | 10.1 | 10.1 | 10.1 | 12.8 | 21.7 | 30.3 | 30.6 | 33.2 | 33.2 | 33.4 | 33.2 | 34.1 | 34.6 | 36.8 | 37.4 | 36.2 | 25.5 | 27.0 | 26.2 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 188.0 | 11.3 | 4.8 | 1.4 | 1.6 | 1.6 | 1.5 | 6.0 | 10.8 | 10.8 | 10.8 | 10.4 | 8.1 | 18.7 | 19.1 | 28.2 | 27.6 | 34.1 | 37.6 | 46.6 | 11.3 | 10.3 | 13.6 | 28.0 | 26.7 | 0 | 1.3 | 0 |
| Total Non-Current Liabilities | 358.4 | 321.7 | 325.7 | 323.1 | 328.0 | 245.8 | 227.9 | 235.2 | 231.1 | 228.3 | 216.8 | 219.2 | 223.4 | 199.8 | 189.3 | 196.2 | 159.8 | 171.4 | 172.2 | 169.8 | 114.4 | 83.0 | 71.5 | 33.0 | 46.1 | 0 | 5.3 | 0 |
| Total Liabilities | 411.6 | 369.0 | 390.0 | 392.0 | 395.0 | 321.2 | 304.5 | 314.7 | 301.5 | 333.2 | 335.8 | 329.4 | 342.3 | 289.4 | 307.6 | 302.2 | 380.9 | 384.8 | 292.8 | 219.3 | 184.2 | 171.4 | 175.0 | 53.1 | 64.3 | 0 | 13.2 | 0 |
| Stockholders' Equity | ||||||||||||||||||||||||||||
| Common Stock | 821.2 | 816.5 | 802.3 | 794.5 | 791.7 | 790.1 | 777.2 | 772.8 | 770.0 | 764.6 | 753.2 | 747.9 | 744.8 | 742.8 | 734.4 | 730.4 | 726.8 | 725.8 | 722.4 | 718.1 | 714.8 | 711.1 | 710.4 | 6.4 | 5.4 | 0 | 5.1 | 0 |
| Retained Earnings | (128.1) | (72.6) | (29.5) | (20.5) | 36.6 | 71.3 | 116.9 | 151.1 | 202.2 | 239.2 | 279.8 | 326.9 | 355.5 | 386.1 | 426.2 | 456.1 | 429.5 | 436.2 | 267.7 | 207.7 | 229.1 | 231.4 | 114.2 | (2.8) | (0.1) | 0 | (4.7) | 0 |
| Accumulated Other Comprehensive Income | (3.2) | (2.4) | (4.2) | (2.7) | (2.7) | (7.0) | (4.4) | (1.2) | (2.1) | (1.8) | (1.7) | (1.5) | (1.9) | (2.0) | (1.4) | (0.7) | 0.6 | 0.8 | 0.3 | 0.6 | 2.2 | 0 | 0 | 0 | 0 | 2.7 | 0 | 4.1 |
| Total Stockholders' Equity | 896.0 | 938.1 | 966.9 | 964.0 | 1,007.1 | 1,023.0 | 1,056.1 | 1,078.1 | 1,111.0 | 1,129.9 | 1,152.3 | 1,182.8 | 1,194.8 | 1,208.5 | 1,233.3 | 1,250.2 | 1,212.9 | 1,207.5 | 1,025.7 | 953.4 | 967.7 | 957.1 | 830.5 | 89.2 | 90.9 | 10.3 | 10.3 | 11.6 |
| Total Liabilities & Equity | 1,307.6 | 1,307.1 | 1,357.0 | 1,356.0 | 1,402.1 | 1,344.2 | 1,360.6 | 1,392.8 | 1,412.5 | 1,463.1 | 1,488.1 | 1,512.2 | 1,537.2 | 1,497.9 | 1,540.9 | 1,552.4 | 1,593.8 | 1,592.3 | 1,318.6 | 1,172.7 | 1,151.9 | 1,128.5 | 1,005.5 | 142.4 | 155.2 | 10.3 | 23.5 | 11.6 |
| Debt Metrics | ||||||||||||||||||||||||||||
| Total Debt | 135.6 | 140.2 | 143.2 | 142.2 | 142.1 | 67.8 | 65.4 | 71.4 | 72.1 | 73.6 | 77.4 | 80.8 | 84.0 | 83.1 | 82.3 | 76.1 | 36.8 | 40.3 | 40.1 | 30.1 | 33.2 | 18.5 | 6.8 | 5.9 | 20.2 | 0 | 6.9 | 0 |
| Net Debt | 15.6 | 63.1 | 14.7 | 59.1 | 49.6 | (91.4) | (91.0) | (55.2) | (76.3) | (50.0) | (55.9) | (91.7) | (95.7) | (109.9) | (304.3) | (295.9) | (753.8) | (505.4) | (436.1) | (487.6) | (759.3) | (667.3) | (587.3) | (85.2) | (93.0) | 7.6 | (0.7) | 10.4 |
| Metric | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 | 2021 Q4 | 2021 Q3 | 2021 Q2 | 2021 Q1 | 2020 Q4 | 2020 Q3 | 2020 Q2 | 2020 Q1 | 2019 Q4 | 2019 Q3 | 2019 Q2 | 2019 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||||||
| Net Income | (98.6) | (43.2) | (8.9) | (57.1) | (34.7) | (45.6) | (34.2) | (51.1) | (36.9) | (40.6) | (47.1) | (28.6) | (30.5) | (40.1) | (29.9) | 26.6 | (6.8) | 168.6 | 59.9 | (21.4) | (2.3) | 117.2 | 117.0 | (2.7) | 6.7 | (2.1) | (1.6) | 0.0 | (0.3) | (0.3) |
| Depreciation & Amortization | 5.2 | 8.7 | 9.0 | 7.2 | 7.1 | 6.6 | (18.1) | 38.3 | 38.0 | 6.8 | 9.1 | 7.4 | 7.3 | 7.1 | 15.4 | 6.7 | 6.0 | 5.0 | 4.9 | 4.2 | 4.2 | 4.0 | 2.6 | 0.9 | 1.1 | 0.6 | 0.5 | 0.3 | 0.5 | 0.5 |
| Stock-Based Compensation | 12.3 | 12.0 | 12.9 | 13.9 | 14.2 | 14.8 | 15.2 | 0 | 0 | 17.4 | 16.4 | 15.9 | 0 | 15.5 | 13.3 | 11.8 | 0 | 12.3 | 9.0 | 7.7 | 0 | 5.4 | 0 | 1.9 | 0.6 | 1.2 | 0.1 | 0.5 | 0.2 | 0.2 |
| Change in Working Capital | (3.2) | (13.4) | (46.0) | (18.1) | (16.8) | 10.5 | (15.9) | (5.8) | (7.8) | (27.0) | 1.4 | 7.2 | 27.6 | (22.9) | 29.0 | (89.1) | 260.6 | (85.0) | (94.5) | 6.3 | 149.4 | (17.5) | (132.9) | (4.7) | 17.8 | (0.5) | 1.0 | (0.6) | 1.3 | 1.3 |
| Other Non-Cash Items | 50.5 | 2.4 | (1.7) | 1.5 | (2.1) | 2.2 | 45.0 | (10.4) | (22.8) | 1.7 | (1.4) | (1.9) | 15.5 | (3.6) | 3.1 | (82.7) | 11.6 | (0.6) | 2.7 | 1.3 | 10.4 | (0.2) | 12.8 | 0.7 | (0.2) | (0.0) | 0.5 | (0.9) | (0.1) | (0.1) |
| Operating Cash Flow | (33.9) | (33.5) | (34.7) | (52.6) | (32.4) | (11.6) | (8) | (29.0) | (29.5) | (41.7) | (19.6) | (0.1) | 19.8 | (44.1) | 30.9 | (126.8) | 271.5 | 100.2 | (16.7) | (5.9) | 161.8 | 109.5 | 1.7 | (3.8) | 26.0 | (0.8) | 0.5 | (0.8) | 1.5 | 1.5 |
| Investing Activities | ||||||||||||||||||||||||||||||
| Capital Expenditure | (2.1) | (3.8) | (9.8) | (8.9) | (13.4) | (10.6) | (15.6) | (18.6) | (19.8) | (24.1) | (14.4) | (20.3) | (27.4) | (15.0) | (12.3) | (12.5) | (31.1) | (14.5) | (9.4) | (8.6) | (37.4) | (3.6) | (1.7) | (3.9) | (3.7) | (5.6) | (0.6) | (0.1) | (1.7) | (1.7) |
| Acquisitions | 0 | 0 | (2.6) | (2.5) | (2.6) | (1.9) | (1.7) | 0 | 0 | (5.9) | (3.5) | (3.5) | 0 | (4.5) | (5.9) | 0 | 0 | 0 | (3.2) | (18.1) | 0 | 0 | (90.2) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (141.8) | (166.4) | (119.5) | (36.1) | (134.7) | (172.5) | (152.8) | (194.0) | (174.1) | (253.8) | (284.7) | (216.3) | (174.4) | (395.5) | (93.6) | 0 | (89.2) | (71.8) | (29.4) | (257.8) | (13.7) | (12.2) | (19.8) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | (143.8) | 143.8 | 113.4 | 83.1 | 113.4 | 190.0 | 199.3 | 207.1 | 232.9 | 306.5 | 268.0 | 220.1 | 161.7 | 262.6 | 92.4 | 0 | 87.9 | 57.3 | 18.1 | 9.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 299.0 | 1.4 | 93.6 | 0.9 | 5.4 | 2.9 | 6.6 | 9.4 | 12.4 | 7.2 | 10.3 | 7.3 | 5.0 | 2.7 | 2.3 | (269.5) | 5.5 | 2.6 | 22.8 | 5.3 | 4.6 | 0 | 0.2 | 0 | 1.6 | (5) | (0.0) | (0.2) | (0.8) | (0.8) |
| Investing Cash Flow | 11.3 | (25.1) | 75.1 | 36.5 | (31.8) | 7.9 | 35.7 | 3.9 | 51.5 | 29.9 | (24.3) | (12.8) | (35.0) | (149.6) | (17.1) | (282.0) | (27.0) | (26.4) | (1.1) | (269.6) | (46.6) | (15.8) | (111.5) | (3.9) | (2.1) | (5.6) | (0.6) | (0.3) | (2.4) | (2.4) |
| Financing Activities | ||||||||||||||||||||||||||||||
| Net Debt Issuance | 0 | 7.2 | 10.5 | 7.6 | 5.5 | 6.1 | 5.9 | (4.5) | 2.3 | 2.1 | 4.0 | 7.0 | 1.6 | 0.5 | 2.8 | 0.2 | (0.0) | (0.1) | 0 | 0 | 0.8 | (1.7) | 89.5 | (15.0) | (0.6) | 13.8 | 0.3 | 0.0 | 0 | 0 |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | (1.6) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 13.6 | 0 | (6.4) | (0.2) | (8.9) | (0.2) | (0.2) | 7.4 | (0.2) | (0.2) | (0.2) | (0.4) | (0.7) | (0.9) | (2.4) | (0.2) | 1.0 | (5) | 1.8 | 0.9 | (7.7) | 0 | 0 | 0.6 | 0.9 | (0.7) | 0.0 | 0.0 | (0.1) | (0.1) |
| Financing Cash Flow | 13.6 | 7.2 | 4.1 | 7.4 | (3.4) | 6.0 | 4.1 | 3.2 | 2.6 | 2.8 | 3.8 | 6.6 | 0.4 | (0.5) | 0.3 | (0.0) | 1.2 | (3.1) | 1.8 | 0.9 | (5.2) | (1.5) | 629.0 | (14.4) | 0.3 | 87.7 | 0.2 | 0.0 | (0.1) | (0.1) |
| Cash Position | ||||||||||||||||||||||||||||||
| Net Change in Cash | (7.9) | (53.0) | 44.8 | (9.3) | (66.8) | 2.9 | 29.7 | (21.7) | 24.7 | (9.7) | (39.1) | (7.3) | (13.3) | (194.3) | 14.6 | (417.4) | 244.9 | 69.6 | (16.6) | (274.9) | 106.8 | 91.7 | 503.0 | (22.1) | 24.2 | 81.4 | 0.1 | (1.0) | (1.0) | (1.0) |
| Cash at Beginning | 155.2 | 155.0 | 110.4 | 119.7 | 186.6 | 183.6 | 153.9 | 173.3 | 148.6 | 160.6 | 199.7 | 207.0 | 218.0 | 414.6 | 400.1 | 817.4 | 570.7 | 501.1 | 517.7 | 792.6 | 685.8 | 594.1 | 91.1 | 113.1 | 88.9 | 7.6 | 7.5 | 8.5 | 9.5 | 0 |
| Cash at End | 147.0 | 102.1 | 155.2 | 110.4 | 119.7 | 186.6 | 183.6 | 151.6 | 173.3 | 150.9 | 160.6 | 199.7 | 204.7 | 220.3 | 414.6 | 400.1 | 815.6 | 570.7 | 501.1 | 517.7 | 792.6 | 685.8 | 594.1 | 91.1 | 113.1 | 88.9 | 7.6 | 7.5 | 8.5 | (1.0) |
| Free Cash Flow | (36.0) | (37.4) | (44.6) | (61.5) | (45.8) | (22.2) | (23.6) | (47.6) | (49.3) | (65.8) | (34.0) | (20.4) | (7.5) | (59.0) | 18.6 | (139.3) | 240.4 | 85.7 | (26.1) | (14.5) | 124.4 | 105.9 | (0.0) | (7.7) | 22.3 | (6.3) | (0.1) | (0.9) | (0.2) | (0.2) |
| Key Metrics | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 | 2021 Q4 | 2021 Q3 | 2021 Q2 | 2021 Q1 | 2020 Q4 | 2020 Q3 | 2020 Q2 | 2020 Q1 | 2019 Q4 | 2019 Q3 | 2019 Q2 | 2019 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||||||||||||||||
| Revenue | 4.0 | 8.3 | 44.9 | 9.0 | 17.1 | 4.2 | 5.0 | 6.5 | 7.3 | 10.0 | 9.2 | 6.6 | 10.1 | 12.2 | 21.5 | 101.4 | 45.9 | 316.6 | 139.3 | 5.5 | 27.6 | 202.7 | 207.9 | 9.4 | 11.2 | 4.7 | 3.2 | 3.5 | 2.5 | 2.5 |
| Gross Profit | 4.0 | (0.3) | 36.9 | 9.0 | 17.1 | 4.2 | 5.0 | 6.5 | 7.3 | 10.0 | 9.2 | 6.6 | 10.1 | 12.2 | 20.0 | 86.3 | 40.7 | 271.9 | 117.4 | 5.5 | 24.0 | 182.7 | 0 | 9.4 | 11.2 | 4.7 | 0 | 0.7 | 0.5 | 0.5 |
| Operating Income | (62.8) | (57.5) | (28.6) | (76.3) | (49.6) | (62.7) | (72.8) | (93.7) | (93.5) | (54.9) | (66.1) | (54.9) | (51.4) | (64.9) | (37.8) | 37.7 | (8.4) | 224.9 | 81.6 | (28.1) | (7.0) | 158.1 | 160.8 | (1.8) | (0.9) | (2.1) | (2.0) | (0.7) | (0.7) | (0.7) |
| Net Income | (55.4) | (43.2) | (8.9) | (57.1) | (34.7) | (45.6) | (34.2) | (51.1) | (36.9) | (40.6) | (47.1) | (28.6) | (30.5) | (40.1) | (29.9) | 26.6 | (6.8) | 168.6 | 59.9 | (21.4) | (2.3) | 117.2 | 117.0 | (2.7) | 6.7 | (2.1) | (1.6) | 0.0 | (0.3) | (0.3) |
| EPS (Diluted) | -0.18 | -0.14 | -0.03 | -0.19 | -0.12 | -0.15 | -0.12 | -0.17 | -0.13 | -0.14 | -0.16 | -0.10 | -0.11 | -0.14 | -0.10 | 0.08 | -0.02 | 0.54 | 0.19 | -0.08 | -0.01 | 0.37 | 0.37 | -0.01 | 0.03 | -0.01 | -0.01 | 0.00 | -0.00 | -0.00 |
| Balance Sheet | ||||||||||||||||||||||||||||||
| Cash & Equivalents | 120.1 | 77.1 | 128.5 | 83.2 | 92.4 | 159.3 | 156.3 | 126.6 | 148.3 | 123.6 | 133.3 | 172.4 | 179.7 | 193.0 | 386.5 | 372.0 | 790.6 | 545.7 | 476.1 | 517.7 | 792.6 | 685.8 | 594.1 | 91.1 | 113.1 | (7.6) | 7.6 | (10.4) | ||
| Total Assets | 1,307.6 | 1,307.1 | 1,357.0 | 1,356.0 | 1,402.1 | 1,344.2 | 1,360.6 | 1,392.8 | 1,412.5 | 1,463.1 | 1,488.1 | 1,512.2 | 1,537.2 | 1,497.9 | 1,540.9 | 1,552.4 | 1,593.8 | 1,592.3 | 1,318.6 | 1,172.7 | 1,151.9 | 1,128.5 | 1,005.5 | 142.4 | 155.2 | 0 | 23.5 | 0 | ||
| Total Debt | 135.6 | 140.2 | 143.2 | 142.2 | 142.1 | 67.8 | 65.4 | 71.4 | 72.1 | 73.6 | 77.4 | 80.8 | 84.0 | 83.1 | 82.3 | 76.1 | 36.8 | 40.3 | 40.1 | 30.1 | 33.2 | 18.5 | 6.8 | 5.9 | 20.2 | 0 | 6.9 | 0 | ||
| Stockholders' Equity | 896.0 | 938.1 | 966.9 | 964.0 | 1,007.1 | 1,023.0 | 1,056.1 | 1,078.1 | 1,111.0 | 1,129.9 | 1,152.3 | 1,182.8 | 1,194.8 | 1,208.5 | 1,233.3 | 1,250.2 | 1,212.9 | 1,207.5 | 1,025.7 | 953.4 | 967.7 | 957.1 | 830.5 | 89.2 | 90.9 | 10.3 | 10.3 | 11.6 | ||
| Cash Flow | ||||||||||||||||||||||||||||||
| Operating Cash Flow | (33.9) | (33.5) | (34.7) | (52.6) | (32.4) | (11.6) | (8) | (29.0) | (29.5) | (41.7) | (19.6) | (0.1) | 19.8 | (44.1) | 30.9 | (126.8) | 271.5 | 100.2 | (16.7) | (5.9) | 161.8 | 109.5 | 1.7 | (3.8) | 26.0 | (0.8) | 0.5 | (0.8) | 1.5 | 1.5 |
| Capital Expenditure | (2.1) | (3.8) | (9.8) | (8.9) | (13.4) | (10.6) | (15.6) | (18.6) | (19.8) | (24.1) | (14.4) | (20.3) | (27.4) | (15.0) | (12.3) | (12.5) | (31.1) | (14.5) | (9.4) | (8.6) | (37.4) | (3.6) | (1.7) | (3.9) | (3.7) | (5.6) | (0.6) | (0.1) | (1.7) | (1.7) |
| Free Cash Flow | (36.0) | (37.4) | (44.6) | (61.5) | (45.8) | (22.2) | (23.6) | (47.6) | (49.3) | (65.8) | (34.0) | (20.4) | (7.5) | (59.0) | 18.6 | (139.3) | 240.4 | 85.7 | (26.1) | (14.5) | 124.4 | 105.9 | (0.0) | (7.7) | 22.3 | (6.3) | (0.1) | (0.9) | (0.2) | (0.2) |