ACM Research, Inc. logo ACMR - ACM Research, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 8
HOLD 2
SELL 0
STRONG
SELL
0
| PRICE TARGET: $75.00 DETAILS
HIGH: $75.00
LOW: $75.00
MEDIAN: $75.00
CONSENSUS: $75.00
UPSIDE: 2.25%
Metric 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 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4
Revenue
Revenue 231.3 244.4 269.2 215.4 172.3 223.5 204.0 202.5 152.2 170.3 168.6 144.6 74.3 108.5 133.7 104.4 42.2 95.1 67.0 53.9 43.7 45.6 47.7 39.0 24.3 24.6 33.4 29.0 20.5 20.8 23.2 20.9 9.7 17.2 4.9 8.8 5.7 14.3 4.9 4.1 4.1 17.2
Cost of Revenue 124.0 144.5 156.0 110.9 89.8 112.7 99.1 105.7 73.1 91.2 80.1 75.9 34.3 54.7 67.7 60.2 22.5 49.7 37.3 32.2 25.7 25.9 27.3 19.7 14.1 12.2 17.2 15.9 11.7 10.5 12.9 12.1 4.6 8.0 2.7 5.3 3.3 6.8 2.0 2.6 2.6 8.9
Gross Profit 107.2 99.9 113.1 104.5 82.5 110.8 104.8 96.8 79.1 79.1 88.5 68.6 40.0 53.8 66.0 44.2 19.7 45.4 29.7 21.7 18.0 19.7 20.3 19.4 10.2 12.4 16.3 13.1 8.8 10.3 10.3 8.7 5.1 9.2 2.2 3.5 2.4 7.6 2.9 1.4 1.4 8.4
Operating Expenses
R&D Expenses 36.5 44.0 39.7 33.8 27.5 27.8 27.8 26.0 23.9 32.5 26.2 20.1 14.0 17.8 15.7 11.4 17.3 12.9 7.9 7.9 5.5 5.9 4.3 5.2 3.7 3.3 3.5 3.3 2.8 4.2 2.3 2.4 1.5 2.1 1.2 0.9 0.9 1.0 0.8 1.8 1.8 4.5
SG&A Expenses 34.5 32.9 44.6 39.0 29.3 39.1 32.8 33.2 30.0 23.2 29.2 18.1 17.1 19.3 18.7 12.8 11.6 13.4 10.0 9.4 9.1 8.4 8.5 6.8 5.3 5.3 5.7 5.1 3.8 3.5 4.6 4.0 5.5 3.3 2.3 2.7 3.0 2.4 1.3 1.5 1.5 2.4
Other Expenses 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 0.0 0 0 0 0 0 0 0 0 0 0 0 0
Operating Expenses 71.1 76.9 84.2 72.8 56.8 66.8 60.6 59.2 53.9 55.7 55.3 38.2 31.1 37.1 34.3 24.1 29.0 26.3 17.9 17.3 14.6 14.2 12.8 12.0 9.0 8.6 9.2 8.5 6.6 7.7 6.9 6.4 7.0 5.4 3.5 3.7 4.0 3.3 2.1 1.9 1.9 3.1
Operating Income
Operating Income 36.2 23.0 28.9 31.7 25.8 44.0 44.2 37.6 25.2 23.4 33.2 30.4 8.9 16.7 31.6 20.0 (9.3) 19.1 11.8 4.3 3.5 5.4 7.5 7.3 1.2 3.8 7.0 4.7 2.3 2.6 3.4 2.3 (1.9) 3.8 (1.3) (0.2) (1.6) 4.3 0.8 (0.8) (0.8) 5.0
Interest Expense 1.9 1.8 1.9 1.8 1.6 1.2 1.2 0.9 0.8 0.7 0.6 0.6 0.7 0.7 0.4 0.3 0.3 0.2 0.2 0.2 0.2 0.4 0.3 0.2 0.1 0.2 0.2 0.2 0.1 0.1 0.1 0.1 0.1 0.1 0.0 0.1 0.1 0.1 0.1 0 0 0
Interest Income 4.7 4.2 3.1 4.0 3.3 2.8 3.0 2.4 1.8 2.1 2.2 2.3 1.8 2.8 2.0 2.1 1.8 0.4 0.0 0.0 0.0 0.1 0.2 0.3 0.3 0.2 0.1 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
Profitability
EBITDA 41.6 28.4 55.0 43.3 31.7 60.5 46.3 43.8 27.8 34.2 34.4 44.1 9.2 18.8 33.2 26.1 (10.0) 22.7 11.6 4.8 4.0 5.7 7.8 7.6 1.4 4.1 7.2 4.9 2.4 2.7 3.6 3.6 (2.6) 3.6 (1.5) (0.4) (1.6) 4.3 0.8 (0.7) (0.7) 5.1
EBIT 36.2 22.6 50.9 39.9 28.7 57.7 43.9 41.7 25.2 32.1 32.4 41.9 8.9 17.5 31.6 24.7 (11.2) 22.0 11.1 4.3 3.5 5.4 7.5 7.3 1.2 3.8 7.0 4.7 2.3 2.6 3.4 3.5 (2.7) 3.8 (1.5) (0.4) (1.6) 4.3 0.8 (0.8) (0.8) 5.0
Income Before Tax 30.0 20.8 49.1 38.2 27.2 56.4 42.7 40.7 26.5 31.4 31.7 41.2 11.8 16.8 37.5 24.4 (11.5) 21.8 10.9 7.3 3.1 6.4 8.3 2.4 2.3 3.0 8.8 5.2 2.0 2.4 4.3 3.4 (2.8) 3.4 (1.6) (0.5) (1.7) 3.4 0.7 (0.6) (0.6) 5.3
Income Tax Expense 3.8 6.6 2.7 1.9 2.2 17.3 4.0 9.3 4.4 8.1 0.7 7.6 2.9 2.7 10.5 7.7 (4.0) 3.2 (0.3) 0.0 (2.8) (2.8) (1.7) 1.9 0.3 (1.2) (0.3) 0.9 0.1 0.2 0.5 0.2 0.0 0.1 (0.3) (0.0) 0.8 0.5 0.1 (0.0) (0.0) 0.1
Net Income 17.3 8.0 35.9 29.8 20.4 31.1 30.9 24.2 17.4 17.7 25.7 26.8 7.1 11.8 21.0 12.2 (5.8) 15.6 10.2 6.6 5.5 8.5 8.6 (0.1) 1.7 3.9 8.8 4.3 1.9 2.3 3.9 3.2 (2.8) 3.4 (1.0) (0.7) (2.1) 1.2 0.4 (0.3) (0.3) 3.5
Per Share Data
EPS (Basic) 0.26 0.12 0.56 0.47 0.32 0.49 0.49 0.39 0.28 0.29 0.43 0.45 0.12 0.20 0.35 0.26 -0.11 0.32 0.17 0.11 0.10 0.15 0.16 -0.00 0.03 0.07 0.17 0.09 0.04 0.05 0.08 0.07 -0.06 0.09 -0.02 -0.01 -0.09 0.12 0.02 -0.01 -0.01 0.23
EPS (Diluted) 0.24 0.11 0.52 0.44 0.30 0.46 0.45 0.35 0.26 0.26 0.39 0.41 0.11 0.18 0.32 0.26 -0.11 0.28 0.15 0.10 0.08 0.13 0.13 -0.00 0.03 0.06 0.15 0.08 0.03 0.04 0.07 0.06 -0.06 0.08 -0.02 -0.01 -0.09 0.12 0.02 -0.04 -0.04 0.36
Shares Outstanding 65.8 65.1 64.4 64.0 63.3 62.8 62.5 62.2 61.4 60.8 60.2 59.9 59.7 59.3 59.4 65.5 66.0 58.6 58.3 57.4 56.4 55.7 54.6 54.2 54.4 54.1 51.0 48.3 48.1 48.0 47.7 47.5 46.1 36.0 45.3 45.3 23.7 23.7 23.7 19.5 19.5 15.4
Metric 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 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q1
Current Assets
Cash & Cash Equivalents 894.1 766.0 1,058.9 452.9 457.2 407.4 333.5 324.0 211.3 182.1 207.1 257.4 260.4 248.0 336.3 323.7 380.3 562.5 65.0 70.2 78.8 71.8 92.2 86.4 52.3 58.3 47.3 27.6 27.4 27.1 18.2 17.4 15.2 17.7 17.1 13.2 (10.1) 10.1 7.8 (4.4)
Short-Term Investments 392.9 402.1 70.9 52.1 35.5 36.6 40.7 46.8 67.0 101.8 97.5 12.4 15.7 90.7 80.3 93.9 99.8 29.5 30.2 31.3 27.0 28.2 23.9 0 0 0 0 0 0 0 0 0 0 0 0 0 20.2 0 0 8.8
Net Receivables 581.0 552.9 527.4 477.4 422.9 428.9 428.4 349.9 347.7 323.3 284.6 235.2 222.3 212.6 203.5 172.4 131.6 125.6 98.0 82.1 71.6 66.1 66.0 66.6 40.5 33.7 45.3 33.8 28.1 28.2 32.6 34.6 29.0 29.3 18.7 12.3 0 16.0 3.9 0
Inventory 738.0 702.6 676.4 648.3 609.6 598.0 628.7 602.9 581.1 545.4 507.4 471.1 473.3 393.2 327.8 288.1 271.5 218.1 176.6 136.9 103.2 88.6 64.2 49.8 45.0 44.8 43.5 45.5 42.3 38.8 29.8 27.5 19.9 15.4 18.1 14.1 0 11.7 10.8 0
Other Current Assets 13.4 2.5 23.6 0.7 10.6 4.9 1.8 0.9 0.8 1.1 0.6 0.6 0.5 0.5 0.4 0.6 0 0.5 0 0 0 0 0 0 58.7 59.6 26.6 0 0 0 0.0 0 0.0 0.0 1.3 3.0 0 1.8 1.2 0
Total Current Assets 2,619.4 2,436.7 2,358.2 1,645.7 1,547.9 1,483.4 1,445.3 1,343.2 1,229.4 1,176.1 1,115.9 996.8 993.8 963.8 971.2 900.6 905.0 952.9 377.3 329.4 286.6 260.7 251.8 205.9 198.5 198.4 163.7 108.4 99.5 96.0 82.8 81.9 66.5 62.9 56.0 44.0 10.1 40.3 24.4 4.4
Non-Current Assets
Property, Plant & Equipment 341.1 332.8 314.7 308.2 294.8 283.3 274.4 235.0 233.9 221.5 200.1 168.4 158.6 133.7 69.7 61.4 63.6 61.2 57.2 56.6 53.6 51.9 10.5 8.6 7.0 7.5 7.8 7.9 8.5 3.7 3.6 3.0 2.7 2.3 2.3 2.2 0 2.3 1.8 0
Goodwill 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 0 0 0 0 0 0 0 0 0 0
Intangible Assets 2.7 2.8 2.7 2.8 3.0 3.5 11.2 11.1 11.1 2.5 10.5 10.4 10.0 9.9 10.1 10.5 11.2 10.9 10.9 11.0 10.9 11.0 9.6 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.2 0.1 0.1 0.0 0.0 0 0.0 0.0 0
Long-Term Investments 68.5 66.0 63.6 56.7 68.2 50.3 47.2 46.6 59.1 68.7 65.5 128.2 135.1 119.4 88.9 87.1 91.4 12.7 7.4 7.0 6.6 6.3 6.6 20.4 6.0 5.9 6.0 1.7 1.5 1.4 1.5 1.4 1.2 1.2 1.2 (1.1) 0 (1.8) 0 0
Other Non-Current Assets 4.1 4.5 4.8 3.9 3.4 20.5 2.7 10.9 1.9 1.8 1.8 1.8 2.2 1.9 1.1 1.1 0.9 1.3 0.9 0.2 0.3 0.3 8.0 16.5 0.2 0.2 0.2 0.3 0 0.0 0.0 0.0 0 0 0 0 (10.1) 0 2.3 (4.4)
Total Non-Current Assets 446.5 435.5 412.5 394.1 385.9 372.3 348.9 324.4 327.4 314.8 294.4 320.1 318.9 271.7 176.4 170.9 182.4 99.2 92.2 89.6 85.3 80.6 44.8 51.5 18.7 19.3 16.6 11.9 11.9 7.0 6.6 6.0 5.4 5.0 5.0 3.4 (10.1) 4.1 4.1 (4.4)
Total Assets 3,065.9 2,872.2 2,770.6 2,039.7 1,933.8 1,855.7 1,794.2 1,667.6 1,556.7 1,490.9 1,410.2 1,316.9 1,312.8 1,235.5 1,147.7 1,071.5 1,087.4 1,052.2 469.5 419.0 371.8 341.3 296.6 257.4 217.2 217.7 180.2 120.3 111.4 103.0 89.4 87.8 71.9 67.9 61.1 47.4 0 44.5 28.5 0
Current Liabilities
Account Payables 240.7 247.5 180.9 168.6 116.4 139.3 170.8 142.4 135.5 141.8 136.7 106.9 116.6 101.7 92.3 93.9 108.5 93.5 92.8 67.0 44.7 35.6 35.6 28.0 18.6 13.3 15.4 18.2 13.3 16.7 12.0 17.8 5.5 7.4 8.7 8.2 0 4.7 3.1 0
Short-Term Debt 112.1 113.9 93.7 115.1 92.9 77.3 64.5 74.1 61.3 38.1 40.6 57.2 59.1 58.3 52.9 7.2 12.0 12.0 17.6 24.0 25.2 27.7 28.3 25.8 3.9 13.8 17.0 15.1 14.2 9.4 10.2 9.9 10.4 5.1 3.5 4.6 0 4.8 6.0 0
Deferred Revenue 179.8 205.2 219.1 235.1 252.2 252.5 225.8 210.9 187.0 185.1 196.1 200.5 184.9 157.9 141.5 97.4 84.7 56.0 55.1 46.2 34.0 19.2 8.8 9.3 9.2 9.1 8.4 5.7 8.5 8.4 3.9 1.9 0.3 0.1 0.1 4.8 0 0.2 0 0
Other Current Liabilities 128.6 178.1 0 45.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 15.1 0 0 12.2 23.2 10.5 1.9 1.7 1.5 0.9 7.5 6.7 4.3 0 4.5 5.4 0
Total Current Liabilities 745.7 745.7 677.9 671.0 628.9 641.2 610.0 586.2 533.2 500.7 482.0 456.3 450.2 396.2 345.6 252.7 244.4 205.9 195.2 162.1 128.0 102.9 96.3 96.5 50.8 53.5 56.1 53.4 49.0 46.1 34.9 36.4 22.8 21.8 20.6 20.6 0 17.1 17.0 0
Non-Current Liabilities
Long-Term Debt 220.9 184.0 193.4 163.0 134.5 105.5 106.1 70.8 53.4 54.0 39.8 15.9 18.2 18.7 18.8 20.6 22.3 23.0 23.1 18.7 17.4 18.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1.2 1.2 1.3 1.3 1.3 1.3 1.3 1.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 11.8 6.9 8.3 8.5 1.1 1.2 1.4 1.3 1.2 1.3 1.5 1.5 1.6 1.7 6.7 8.1 0.8 0.7 1.6 2.9 3.5 4.2 4.6 5.4 64.1 63.1 29.9 4.0 3.3 4.6 5.2 5.9 6.2 6.2 30.5 7.3 0 24.9 0 0
Total Non-Current Liabilities 236.7 196.0 207.6 177.0 149.5 118.6 115.1 80.0 62.7 64.1 50.2 27.2 29.8 27.1 28.0 31.6 34.1 34.6 31.8 27.3 28.5 30.2 9.6 9.9 67.5 66.9 32.7 7.2 6.8 4.6 5.2 5.9 6.2 6.2 30.5 7.3 0 24.9 0 0
Total Liabilities 982.4 941.7 885.4 848.0 778.4 759.8 725.1 666.2 596.0 564.7 532.1 483.5 480.0 423.3 373.6 284.4 278.6 240.5 227.0 189.4 156.6 133.1 105.9 106.4 118.3 120.4 88.9 60.6 55.8 50.7 40.1 42.2 28.9 28.0 51.1 27.9 0 42.0 17.0 0
Stockholders' Equity
Common Stock 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 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 0.0 0.0 0.0 0.0 0.0 0.0 0 0.0 0.3 0
Retained Earnings 367.7 350.4 346.0 310.1 280.4 260 229.4 198.5 174.3 156.8 152.3 124.3 101.4 94.4 91.2 70.2 66.3 63.7 56.5 46.3 39.8 34.3 25.8 17.1 17.2 15.5 11.6 2.8 (1.5) (3.4) (5.7) (9.5) (12.7) (10.0) (13.3) (12.4) 0 (9.6) (10.9) 0
Accumulated Other Comprehensive Income 19.0 (1.6) (18.5) (28.3) (31.4) (32.9) (10.8) (24.8) (24.9) (19.3) (43.5) (45.0) (15.9) (23.7) (49.6) (14.3) 11.0 17.4 5.8 5.9 4.0 4.9 1.0 (3.4) (2.6) (1.7) (3.1) (1.2) (0.2) (0.9) (1.0) (0.2) 0.8 0.1 (0.1) (0.2) (2.4) (0.4) (0.2) (8.2)
Total Stockholders' Equity 1,581.5 1,464.4 1,432.7 986.5 949.1 904.6 888.2 833.2 796.2 767.4 729.0 692.0 691.9 674.9 643.0 655.0 674.4 676.2 173.0 160.8 148.3 141.2 126.9 89.9 98.9 97.3 91.3 59.7 55.6 52.3 49.3 45.6 43.0 39.9 5.8 14.7 20.5 (2.4) 0.6 4.4
Total Liabilities & Equity 3,065.9 2,872.2 2,770.6 2,039.7 1,933.8 1,855.7 1,794.2 1,667.6 1,556.7 1,490.9 1,410.2 1,316.9 1,312.8 1,235.5 1,147.7 1,071.5 1,087.4 1,052.2 469.5 419.0 371.8 341.3 296.6 257.4 217.2 217.7 180.2 120.3 111.4 103.0 89.4 87.8 71.9 67.9 61.1 47.4 20.5 44.5 21.0 4.4
Debt Metrics
Total Debt 337.1 303.0 297.0 287.4 237.1 188.8 176.2 151.2 121.2 99.1 87.6 80.9 84.8 79.5 74.4 31.3 38.4 39.1 45.2 47.9 48.0 50.0 32.9 30.4 7.4 17.6 21.2 19.7 18.9 9.4 10.2 9.9 10.4 5.1 3.5 4.6 0 4.8 6.0 0
Net Debt (557.1) (463.0) (761.9) (165.5) (220.1) (218.7) (157.3) (172.8) (90.1) (83.0) (119.5) (176.5) (175.6) (168.4) (261.9) (292.4) (341.9) (523.4) (19.8) (22.3) (30.8) (21.8) (59.3) (56.0) (44.8) (40.6) (26.0) (7.9) (8.4) (17.7) (8.1) (7.5) (4.8) (12.6) (13.6) (8.6) 10.1 (5.3) (1.9) 4.4
Metric 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 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1
Operating Activities
Net Income 17.3 14.2 46.4 36.3 25.0 39.1 38.7 24.2 22.1 17.7 31.0 33.6 9.0 14.2 27.1 16.7 (7.4) 18.6 11.2 7.3 5.8 9.2 10.0 0.5 2.0 4.2 9.1 4.3 1.9 2.3 3.9 3.2 (2.8) 3.4 (1.3) (0.5) (2.5) 2.9 0.6 (0.3) (0.3)
Depreciation & Amortization 5.5 5.9 4.1 3.3 3.0 2.9 2.4 2.2 2.5 2.1 2.1 2.2 1.7 1.3 1.5 1.3 1.2 0.8 0.6 0.5 0.5 0.3 0.3 0.2 0.2 0.2 0.2 0.2 0.2 0.0 0.2 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.0 0.0 0.0
Stock-Based Compensation 0 6.4 7.6 9.8 9.8 8.8 11.9 14.3 14.6 12.7 10.6 2.0 2.1 2.5 1.9 2.0 1.4 1.3 1.3 1.3 1.2 1.3 2.8 0.9 0.7 0.7 1.6 0.6 0.7 0.6 0.4 0.2 2.2 0 0.3 0.5 0.8 0.2 0 0.1 0.1
Change in Working Capital (75.1) (2.9) (49.7) (87.6) (37.7) 35.0 (53.5) 9.2 (53.7) (56.7) (61.0) (32.2) (34.7) (10.9) (40.8) (57.3) (24.7) (57.4) (16.4) (15.0) 5.3 (13.1) (3.8) (20.7) 1.1 12.0 (10.2) (6.7) (5.9) 7.0 (3.0) (0.1) (6.9) (7.0) (6.5) 2.6 1.2 (11.8) (2.5) 2.3 2.3
Other Non-Cash Items 23.3 12.9 (8.7) (0.9) 6.8 4.5 4.8 11.2 6.0 (10.4) 4.7 4.1 (2.2) (4.7) 6.8 (0.0) 3.9 (2.4) 0.5 (4.1) 0.8 (3.7) (2.6) 5.2 (0.1) 0.1 0.0 0.1 (0.1) 0.1 (0.1) (0.1) (0.0) (0.0) (0.0) 2.5 0.9 1.6 0.2 0.2 0.2
Operating Cash Flow (29.5) 33.9 (4.6) (44.9) 5.3 88.6 11.9 61.6 (9.6) (38.4) (17.8) 11.3 (30.5) 1.3 (0.1) (33.6) (27.7) (36.3) (4.1) (10.5) 10.7 (5.5) 2.6 (14.5) 3.8 14.2 (0.1) (1.4) (3.2) 9.6 1.4 3.3 (7.4) (3.4) (7.6) 2.6 0.4 (6.7) (1.8) 2.4 2.4
Investing Activities
Capital Expenditure (22.2) (15.0) (11.0) (15.1) (17.1) (12.9) (33.4) (13.6) (26.1) (13.2) (28.2) (7.9) (15.1) (73.0) (15.9) (2.1) (3.6) (4.2) (2.7) (1.2) (1.6) (35.5) (3.0) (16.9) (0.1) (0.2) (0.6) (0.3) (0.1) (0.1) (0.9) (0.6) (0.4) (0.6) (0.1) (0.0) (0.0) (0.6) (0.1) (0.1) (0.1)
Acquisitions 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 (0.1) (4.2) 0 0 0 0 0 0 (14.7) (6.2) 0 0 0 0 0 0
Purchases of Investments (0.4) (37.0) (10.5) (17) (10) (24.8) (10.7) (14.2) (52.7) (4.5) (14.1) (0.4) (14.8) (36.0) 2.8 0 (152.8) 0 0 0 0 (0.3) (0.6) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 13.0 39.7 10 17 10.3 15.8 20.8 48.0 90.4 18.2 11.6 0.7 79.0 0.1 4.5 8.2 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 Investing Activities 0 (336.4) 0.0 0.3 (0.4) (0.1) (0.8) (0.6) (0.1) 0 (18.4) (1.1) (0.2) (0.3) (0.6) (0.0) (0.4) (1.7) 0.0 (0.3) (0.1) (0.1) (9.4) (14.1) 0 (0.0) (4.3) (0.1) (0.0) 0.1 (0.2) (0.2) 0 (0.1) (8.3) (0.0) (0.0) (0.0) 0.0 (0.0) (0.0)
Investing Cash Flow (9.8) (347.6) (11.5) (14.5) (16.8) (20.5) (23.3) 19.6 12.3 0.5 (48.8) (7.6) 49.1 (108.9) (8.7) 6.1 (156.4) (5.8) (2.7) (1.2) (1.6) (35.3) (3.5) (31.0) (0.1) (0.2) (4.8) (0.4) (0.1) (0.1) (0.9) (0.6) (0.4) (15.2) (8.4) (0.0) (0.0) (0.6) (0.1) (0.1) (0.1)
Financing Activities
Net Debt Issuance 35.6 (2.5) 7.4 49.8 44.3 10.8 25.6 29.8 22.1 10.7 6.8 0.6 (1.7) 9.3 41.0 (5.0) (0.7) (6.7) (1.9) (0.6) (2.8) 17.7 1.9 20.2 (9.7) (2.1) 0.8 2.5 3.2 (0.5) 0.2 0 5.1 1.5 0 0 1.3 0 0 0 0
Stock Repurchased 0 0 0 (7.0) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (2.0) (0.8) 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid 0 0 (7.6) 0 0 0 (0.1) 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 0 0 0 0
Other Financing Activities 0 0 0 0.1 0.1 0 (6.8) 0 4.8 0 (3.2) 4.3 0.2 0.2 0.4 0.0 0.7 545.8 0.9 2.6 1.4 0.6 1.3 0.7 0.2 0.0 52.5 0.1 0.1 0.0 0.2 0.1 0.1 17.2 19.9 (1.6) 0.4 9.8 0.5 0.2 0.2
Financing Cash Flow 163.4 4.4 627.1 43.8 67.2 15.5 18.8 31.4 26.8 11.5 3.6 4.9 (1.5) 9.4 41.4 (5.0) 0.0 539.1 (1.0) 2.1 (1.4) 18.3 3.3 20.9 (9.6) 28.3 53.3 2.6 3.3 (0.5) 0.4 0.1 5.1 18.7 19.9 (1.6) 1.7 9.8 0.5 0.2 0.2
Cash Position
Net Change in Cash 128.2 (301.4) 614.5 (14.9) 56.5 76.1 10.3 112.8 28.9 (24.5) (50.3) (2.8) 12.4 (88.2) 12.3 (56.0) (182.8) 498.0 (5.2) (8.6) 7.0 (20.4) 5.8 (24.6) (6.8) 44.0 46.3 0.2 0.2 8.9 0.8 2.2 (2.5) 0.6 3.9 1.1 2.0 2.3 (1.7) 2.6 2.6
Cash at Beginning 766.0 1,067.3 452.9 467.8 411.3 335.3 324.9 212.1 183.2 207.7 258.0 260.8 248.5 336.6 324.3 380.3 563.1 65.0 70.2 78.8 71.8 92.2 86.4 111.0 117.9 73.8 27.6 27.4 27.1 18.2 17.4 15.2 17.7 17.1 13.2 12.1 10.1 7.8 9.6 7.0 4.4
Cash at End 894.1 766.0 1,067.3 452.9 467.8 411.3 335.3 324.9 212.1 183.2 207.7 258.0 260.8 248.5 336.6 324.3 380.3 563.1 65.0 70.2 78.8 71.8 92.2 86.4 111.0 117.9 73.8 27.6 27.4 27.1 18.2 17.4 15.2 17.7 17.1 13.2 12.1 10.1 7.8 9.6 7.0
Free Cash Flow (51.7) 18.9 (15.6) (60.0) (11.8) 75.7 (21.5) 48.0 (35.7) (51.5) (46.1) 3.5 (45.5) (71.7) (16.0) (35.7) (31.3) (40.5) (6.8) (11.7) 9.2 (41.0) (0.3) (31.4) 3.7 14.0 (0.7) (1.7) (3.3) 9.5 0.5 2.6 (7.8) (4.0) (7.8) 2.6 0.3 (7.3) (1.9) 2.3 2.3
Key Metrics 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 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4
Income Statement
Revenue 231.3 244.4 269.2 215.4 172.3 223.5 204.0 202.5 152.2 170.3 168.6 144.6 74.3 108.5 133.7 104.4 42.2 95.1 67.0 53.9 43.7 45.6 47.7 39.0 24.3 24.6 33.4 29.0 20.5 20.8 23.2 20.9 9.7 17.2 4.9 8.8 5.7 14.3 4.9 4.1 4.1 17.2
Gross Profit 107.2 99.9 113.1 104.5 82.5 110.8 104.8 96.8 79.1 79.1 88.5 68.6 40.0 53.8 66.0 44.2 19.7 45.4 29.7 21.7 18.0 19.7 20.3 19.4 10.2 12.4 16.3 13.1 8.8 10.3 10.3 8.7 5.1 9.2 2.2 3.5 2.4 7.6 2.9 1.4 1.4 8.4
Operating Income 36.2 23.0 28.9 31.7 25.8 44.0 44.2 37.6 25.2 23.4 33.2 30.4 8.9 16.7 31.6 20.0 (9.3) 19.1 11.8 4.3 3.5 5.4 7.5 7.3 1.2 3.8 7.0 4.7 2.3 2.6 3.4 2.3 (1.9) 3.8 (1.3) (0.2) (1.6) 4.3 0.8 (0.8) (0.8) 5.0
Net Income 17.3 8.0 35.9 29.8 20.4 31.1 30.9 24.2 17.4 17.7 25.7 26.8 7.1 11.8 21.0 12.2 (5.8) 15.6 10.2 6.6 5.5 8.5 8.6 (0.1) 1.7 3.9 8.8 4.3 1.9 2.3 3.9 3.2 (2.8) 3.4 (1.0) (0.7) (2.1) 1.2 0.4 (0.3) (0.3) 3.5
EPS (Diluted) 0.24 0.11 0.52 0.44 0.30 0.46 0.45 0.35 0.26 0.26 0.39 0.41 0.11 0.18 0.32 0.26 -0.11 0.28 0.15 0.10 0.08 0.13 0.13 -0.00 0.03 0.06 0.15 0.08 0.03 0.04 0.07 0.06 -0.06 0.08 -0.02 -0.01 -0.09 0.12 0.02 -0.04 -0.04 0.36
Balance Sheet
Cash & Equivalents 894.1 766.0 1,058.9 452.9 457.2 407.4 333.5 324.0 211.3 182.1 207.1 257.4 260.4 248.0 336.3 323.7 380.3 562.5 65.0 70.2 78.8 71.8 92.2 86.4 52.3 58.3 47.3 27.6 27.4 27.1 18.2 17.4 15.2 17.7 17.1 13.2 (10.1) 10.1 7.8 (4.4)
Total Assets 3,065.9 2,872.2 2,770.6 2,039.7 1,933.8 1,855.7 1,794.2 1,667.6 1,556.7 1,490.9 1,410.2 1,316.9 1,312.8 1,235.5 1,147.7 1,071.5 1,087.4 1,052.2 469.5 419.0 371.8 341.3 296.6 257.4 217.2 217.7 180.2 120.3 111.4 103.0 89.4 87.8 71.9 67.9 61.1 47.4 0 44.5 28.5 0
Total Debt 337.1 303.0 297.0 287.4 237.1 188.8 176.2 151.2 121.2 99.1 87.6 80.9 84.8 79.5 74.4 31.3 38.4 39.1 45.2 47.9 48.0 50.0 32.9 30.4 7.4 17.6 21.2 19.7 18.9 9.4 10.2 9.9 10.4 5.1 3.5 4.6 0 4.8 6.0 0
Stockholders' Equity 1,581.5 1,464.4 1,432.7 986.5 949.1 904.6 888.2 833.2 796.2 767.4 729.0 692.0 691.9 674.9 643.0 655.0 674.4 676.2 173.0 160.8 148.3 141.2 126.9 89.9 98.9 97.3 91.3 59.7 55.6 52.3 49.3 45.6 43.0 39.9 5.8 14.7 20.5 (2.4) 0.6 4.4
Cash Flow
Operating Cash Flow (29.5) 33.9 (4.6) (44.9) 5.3 88.6 11.9 61.6 (9.6) (38.4) (17.8) 11.3 (30.5) 1.3 (0.1) (33.6) (27.7) (36.3) (4.1) (10.5) 10.7 (5.5) 2.6 (14.5) 3.8 14.2 (0.1) (1.4) (3.2) 9.6 1.4 3.3 (7.4) (3.4) (7.6) 2.6 0.4 (6.7) (1.8) 2.4 2.4
Capital Expenditure (22.2) (15.0) (11.0) (15.1) (17.1) (12.9) (33.4) (13.6) (26.1) (13.2) (28.2) (7.9) (15.1) (73.0) (15.9) (2.1) (3.6) (4.2) (2.7) (1.2) (1.6) (35.5) (3.0) (16.9) (0.1) (0.2) (0.6) (0.3) (0.1) (0.1) (0.9) (0.6) (0.4) (0.6) (0.1) (0.0) (0.0) (0.6) (0.1) (0.1) (0.1)
Free Cash Flow (51.7) 18.9 (15.6) (60.0) (11.8) 75.7 (21.5) 48.0 (35.7) (51.5) (46.1) 3.5 (45.5) (71.7) (16.0) (35.7) (31.3) (40.5) (6.8) (11.7) 9.2 (41.0) (0.3) (31.4) 3.7 14.0 (0.7) (1.7) (3.3) 9.5 0.5 2.6 (7.8) (4.0) (7.8) 2.6 0.3 (7.3) (1.9) 2.3 2.3