AFRM - Affirm Holdings, Inc.
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$97.47
DETAILS
HIGH:
$115.00
LOW:
$75.00
MEDIAN:
$97.00
CONSENSUS:
$97.47
UPSIDE:
36.44%
| Metric | 2026 Q4 | 2026 Q3 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||
| Revenue | 1,089.7 | 1,038.8 | 1,123.0 | 933.3 | 876.4 | 783.1 | 866.4 | 698.5 | 659.2 | 576.2 | 591.1 | 496.5 | 445.8 | 381.0 | 399.6 | 361.6 | 364.1 | 354.8 | 361.0 | 269.4 | 261.8 | 230.7 | 204.0 | 174.0 | 153.3 | 138.3 | 130.0 | 87.9 |
| Cost of Revenue | 333.6 | 353.9 | 343.5 | 301.9 | 282.9 | 271.0 | 264.2 | 229.4 | 213.4 | 213.0 | 210.0 | 208.6 | 223.6 | 227.0 | 223.3 | 199.3 | 182.7 | 153.7 | 136.8 | 103.2 | 104.1 | 126.2 | 58.4 | 47.3 | 46.5 | 47.3 | 43.3 | 35.1 |
| Gross Profit | 756.1 | 684.9 | 779.6 | 631.4 | 593.5 | 512.1 | 602.2 | 469.0 | 445.8 | 363.1 | 381.1 | 287.9 | 222.3 | 154.0 | 176.3 | 162.3 | 181.4 | 201.1 | 224.2 | 166.2 | 157.7 | 104.5 | 145.6 | 126.7 | 106.8 | 90.9 | 86.7 | 52.9 |
| Operating Expenses | ||||||||||||||||||||||||||||
| R&D 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 | 25.4 |
| SG&A Expenses | 239.2 | 218.2 | 240.0 | 223.4 | 212.4 | 208.3 | 275.4 | 283.7 | 258.8 | 261.7 | 294.0 | 287.2 | 272.7 | 280.2 | 347.0 | 324.8 | 326.2 | 298.7 | 284.8 | 200.2 | 215.2 | 238.2 | 80.0 | 54.9 | 36.5 | 38.5 | 38.3 | 32.9 |
| Other Expenses | 251.5 | 264.5 | 421.9 | 344.3 | 323.0 | 312.2 | 331.1 | 318.0 | 260.5 | 262.2 | 259.2 | 210.2 | 193.4 | 183.8 | 188.9 | 124.9 | 132.4 | 129.0 | 135.6 | 132.1 | 92.1 | 75.7 | 92.3 | 105.2 | 31.0 | 133.9 | 81.0 | 27.6 |
| Operating Expenses | 490.8 | 482.7 | 661.9 | 567.8 | 535.4 | 520.5 | 606.5 | 601.7 | 519.2 | 523.9 | 553.2 | 497.4 | 466.1 | 464.0 | 535.8 | 449.8 | 458.6 | 427.7 | 420.4 | 332.2 | 307.4 | 313.8 | 172.4 | 160.0 | 67.5 | 172.4 | 119.3 | 85.9 |
| Operating Income | ||||||||||||||||||||||||||||
| Operating Income | 265.3 | 202.2 | 117.6 | 63.7 | 58.1 | (8.4) | (4.3) | (132.6) | (73.5) | (160.8) | (172.2) | (209.4) | (243.8) | (310.0) | (359.5) | (287.5) | (277.2) | (226.6) | (196.2) | (166.1) | (149.7) | (209.3) | (26.8) | (33.3) | 39.3 | (81.5) | (32.6) | (33.0) |
| Interest Expense | 118.6 | 113.8 | 111.7 | 110.0 | 105.9 | 107.6 | 107.8 | 104.1 | 95.3 | 90.4 | 84.6 | 73.9 | 63.0 | 51.2 | 43.8 | 25.1 | 19.4 | 15.8 | 17.7 | 16.8 | 15.6 | 14.7 | 12.1 | 10.4 | 7.8 | 8.2 | 8.2 | 8.1 |
| Interest Income | 567.3 | 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 | 375.0 | 296.2 | 320.5 | 258.4 | 241.5 | 172.4 | 245.5 | 52.5 | 116.5 | (5.6) | (56.5) | (56.7) | (101.0) | (107.9) | (257.2) | (205.5) | (168.0) | (25.5) | (129.8) | (279.1) | (132.1) | (267.4) | (11.1) | 10.2 | 44.7 | (74.4) | (20.3) | (20.5) |
| EBIT | 287.7 | 221.1 | 245.0 | 193.0 | 177.5 | 113.0 | 190.6 | 5.8 | 51.1 | (42.6) | (83.0) | (96.8) | (144.3) | (155.3) | (280.3) | (226.4) | (185.1) | (38.6) | (141.8) | (289.7) | (140.0) | (272.5) | (14.5) | 6.5 | 42.7 | (77.3) | (22.7) | (22.6) |
| Income Before Tax | 169.1 | 107.4 | 133.2 | 83.0 | 71.6 | 5.3 | 82.9 | (98.3) | (44.1) | (133.0) | (167.6) | (170.7) | (207.3) | (206.5) | (324.0) | (251.4) | (204.5) | (54.4) | (159.5) | (306.4) | (155.7) | (287.1) | (26.5) | (3.8) | 34.9 | (85.5) | (30.9) | (30.7) |
| Income Tax Expense | (1,447.5) | 4.5 | 3.7 | 2.3 | 2.3 | 2.5 | 2.5 | 1.9 | 1.0 | 0.9 | (0.7) | 1.0 | (1.3) | (0.8) | (1.6) | (0.2) | (18.1) | 0.3 | 0.3 | 0.2 | (2.4) | (0.1) | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Net Income | 1,616.6 | 102.9 | 129.6 | 80.7 | 69.2 | 2.8 | 80.4 | (100.2) | (45.1) | (133.9) | (166.9) | (171.8) | (206.0) | (205.7) | (322.4) | (251.3) | (186.4) | (54.7) | (159.7) | (306.6) | (153.2) | (287.1) | (26.6) | (3.9) | 34.8 | (85.6) | (31.0) | (30.8) |
| Per Share Data | ||||||||||||||||||||||||||||
| EPS (Basic) | 4.77 | 0.31 | 0.39 | 0.24 | 0.21 | 0.01 | 0.25 | -0.31 | -0.14 | -0.43 | -0.54 | -0.57 | -0.69 | -0.69 | -1.10 | -0.86 | -0.65 | -0.19 | -0.57 | -1.13 | -0.48 | -1.06 | -0.13 | -0.06 | 0.17 | -0.41 | -0.15 | -0.15 |
| EPS (Diluted) | 4.62 | 0.30 | 0.37 | 0.23 | 0.20 | 0.01 | 0.23 | -0.31 | -0.14 | -0.43 | -0.54 | -0.57 | -0.69 | -0.69 | -1.10 | -0.86 | -0.65 | -0.19 | -0.57 | -1.13 | -0.48 | -1.06 | -0.13 | -0.06 | 0.17 | -0.41 | -0.15 | -0.15 |
| Shares Outstanding | 339.1 | 337.1 | 334.3 | 330.2 | 326.9 | 324.1 | 322.3 | 318.2 | 315.5 | 312.6 | 307.6 | 303.8 | 299.6 | 297.2 | 293.7 | 290.9 | 288.1 | 285.6 | 281.5 | 271.7 | 267.3 | 233.3 | 242.7 | 242.7 | 206.5 | 206.5 | 206.5 | 206.5 |
| Metric | 2026 Q4 | 2026 Q3 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||||||||
| Cash & Cash Equivalents | 2,433.0 | 2,474.3 | 1,527.9 | 1,428.8 | 1,354.5 | 1,351.1 | 1,200.4 | 1,046.2 | 1,013.1 | 1,272.8 | 1,036.7 | 1,079.3 | 892.0 | 972.5 | 1,440.3 | 1,530.1 | 1,255.2 | 2,261.9 | 2,567.4 | 1,439.5 | 1,466.6 | 1,623.7 | 520.7 | 684.4 |
| Short-Term Investments | 647.8 | 493.8 | 723.4 | 48.9 | 871.4 | 780.2 | 666.7 | 1,073.7 | 1,131.6 | 781.4 | 914.1 | 1,021.6 | 1,174.7 | 1,059.0 | 914.9 | 1,237.3 | 1,595.4 | 617.0 | 475.4 | 456.3 | 16.2 | 0 | 0 | 0 |
| Net Receivables | 284.4 | 230.7 | 8,563.6 | 283.7 | 7,058.6 | 6,487.4 | 6,649.1 | 6,285.3 | 5,732.2 | 5,485.0 | 5,283.9 | 236.2 | 199.1 | 135.8 | 201.6 | 147.8 | 161.9 | 124.6 | 134.6 | 101.0 | 2,022.6 | 66.1 | 67.0 | 49.0 |
| Inventory | 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 Current Assets | 0 | (487.1) | 566.7 | 668.8 | 402.0 | 384.8 | 536.8 | 338.5 | 282.3 | 347.1 | 411.3 | 4,726.7 | 4,583.6 | 4,008.3 | 3,919.9 | 2,936.7 | 2,626.6 | 2,775.7 | 2,559.5 | 2,355.6 | 239.1 | 2,295.2 | 128.7 | 106.0 |
| Total Current Assets | 2,887.0 | 2,711.7 | 11,468.2 | 2,508.2 | 9,758.6 | 9,080.8 | 9,109.6 | 8,798.7 | 8,209.5 | 7,938.0 | 7,749.2 | 7,118.9 | 6,899.4 | 6,205.5 | 6,525.5 | 5,898.7 | 5,676.6 | 5,837.7 | 5,798.0 | 4,393.5 | 3,876.7 | 4,096.6 | 725.6 | 846.1 |
| Non-Current Assets | ||||||||||||||||||||||||
| Property, Plant & Equipment | 708.8 | 668.3 | 665.8 | 630.7 | 591.8 | 564.8 | 523.8 | 492.7 | 449.5 | 425.6 | 394.9 | 366.0 | 320.3 | 311.2 | 292.6 | 256.2 | 222.2 | 194.0 | 169.4 | 143.5 | 120.3 | 113.1 | 49.4 | 49.6 |
| Goodwill | 524.5 | 529.3 | 533.4 | 529.9 | 534.2 | 522.3 | 521.7 | 536.7 | 533.4 | 535.8 | 541.2 | 536.4 | 542.6 | 537.1 | 527.6 | 525 | 539.5 | 547.4 | 541.4 | 540.8 | 516.5 | 261.0 | 0 | 0 |
| Intangible Assets | 26.4 | 27.4 | 12.6 | 12.7 | 12.9 | 12.4 | 12.2 | 13.5 | 13.5 | 15.3 | 17.4 | 19.8 | 34.4 | 48.3 | 63.7 | 71.0 | 78.9 | 60.9 | 66.2 | 71.4 | 67.9 | 18.1 | 0 | 0 |
| Long-Term Investments | 429.7 | 339.0 | 40.4 | 7,613.3 | 40.3 | 42.3 | 64.0 | 56.9 | 73.0 | 73.1 | 72.9 | 51.9 | 43.2 | 43.2 | 43.2 | 43.2 | 43.2 | 33.2 | 30.2 | 11.3 | 11.3 | 0 | 1,757.3 | 1,289.9 |
| Other Non-Current Assets | (452.7) | (339.0) | 226.9 | 183.7 | 203.3 | 198.3 | 232.0 | 220.5 | 219.4 | 192.4 | 266.8 | 314.1 | 292.5 | 362.5 | 352.2 | 370.9 | 413.4 | 358.5 | 347.2 | 241.6 | 274.2 | 277.5 | 175.9 | 65.0 |
| Total Non-Current Assets | 2,703.7 | 1,225.0 | 1,488.7 | 8,970.3 | 1,396.3 | 1,355.4 | 1,371.5 | 1,340.5 | 1,310.1 | 1,263.4 | 1,315.8 | 1,288.2 | 1,256.2 | 1,302.3 | 1,279.3 | 1,266.3 | 1,297.2 | 1,194.0 | 1,154.4 | 1,008.6 | 990.2 | 669.8 | 1,982.5 | 1,404.4 |
| Total Assets | 15,790.1 | 13,141.6 | 12,956.9 | 11,478.6 | 11,154.9 | 10,436.2 | 10,481.1 | 10,139.2 | 9,519.6 | 9,201.4 | 9,065.0 | 8,407.1 | 8,155.6 | 7,507.8 | 7,804.8 | 7,165.1 | 6,973.8 | 7,031.7 | 6,952.4 | 5,402.1 | 4,867.0 | 4,766.4 | 2,708.1 | 2,250.5 |
| Current Liabilities | ||||||||||||||||||||||||
| Account Payables | 84.6 | 59.6 | 57.2 | 58.0 | 82.8 | 41.1 | 50.6 | 57.6 | 41.0 | 35.2 | 59.8 | 27.3 | 28.6 | 30.0 | 29.0 | 34.5 | 33.1 | 49.0 | 45.6 | 425.9 | 57.8 | 29.0 | 26.2 | 24.5 |
| Short-Term Debt | 226.8 | 3.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 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 Current Liabilities | (232.0) | (205.1) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.3 | 0 |
| Total Current Liabilities | 226.8 | 3.8 | 171.4 | 171.7 | 180.1 | 143.9 | 150.2 | 136.1 | 125.0 | 118.8 | 135.4 | 89.1 | 92.8 | 83.8 | 93.8 | 102.4 | 107.1 | 96.5 | 102.9 | 480.4 | 108.2 | 68.9 | 74.0 | 52.5 |
| Non-Current Liabilities | ||||||||||||||||||||||||
| Long-Term Debt | 9,572.7 | 8,873.9 | 9,139.6 | 7,930.2 | 7,821.4 | 7,322.6 | 7,464.0 | 7,084.1 | 6,574.9 | 6,369.8 | 6,197.8 | 5,633.1 | 5,398.4 | 4,760.5 | 5,033.0 | 4,312.0 | 4,078.2 | 4,090.4 | 3,999.4 | 2,144.9 | 1,907.4 | 2,038.0 | 1,656.4 | 1,219.0 |
| Deferred Tax Liabilities | 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 Non-Current Liabilities | 483.1 | 445.7 | 56.8 | 62.1 | 52.5 | 59.1 | 49.3 | 47.6 | 48.3 | 46.3 | 51.3 | 69.1 | 77.6 | 96.4 | 110.3 | 125.0 | 104.5 | 200.9 | 310.3 | 325.1 | 201.0 | 179.2 | 0 | 0 |
| Total Non-Current Liabilities | 10,079.5 | 9,354.4 | 9,238.6 | 8,008.0 | 7,905.8 | 7,417.3 | 7,545.4 | 7,167.5 | 6,662.7 | 6,459.2 | 6,294.7 | 5,751.2 | 5,528.6 | 4,912.9 | 5,200.8 | 4,499.2 | 4,248.5 | 4,359.2 | 4,381.3 | 2,544.3 | 2,183.3 | 2,293.5 | 1,656.4 | 1,219.0 |
| Total Liabilities | 10,306.3 | 9,358.2 | 9,410.0 | 8,179.7 | 8,085.9 | 7,561.3 | 7,695.5 | 7,303.6 | 6,787.6 | 6,578.0 | 6,430.1 | 5,840.3 | 5,621.4 | 4,996.7 | 5,294.6 | 4,601.6 | 4,355.5 | 4,455.7 | 4,484.1 | 3,024.7 | 2,291.4 | 2,362.4 | 1,730.4 | 1,271.5 |
| 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 |
| Retained Earnings | (1,127.0) | (2,743.6) | (2,846.5) | (2,976.1) | (3,056.8) | (3,126.1) | (3,128.9) | (3,209.2) | (3,109.0) | (3,063.9) | (2,929.9) | (2,763.0) | (2,591.2) | (2,385.3) | (2,179.6) | (1,857.2) | (1,605.9) | (1,419.5) | (1,364.8) | (1,205.1) | (898.5) | (734.9) | (494.0) | (462.4) |
| Accumulated Other Comprehensive Income | (36.4) | (23.6) | (16.9) | (24.4) | (15.1) | (44.5) | (47.6) | (9.1) | (21.6) | (17.3) | (7.1) | (25.2) | (15.4) | (22.3) | (26.6) | (34.2) | (7.1) | 7.7 | 4.4 | 2.7 | 6.8 | 4.7 | 1.9 | 0.1 |
| Total Stockholders' Equity | 5,483.8 | 3,783.4 | 3,546.9 | 3,298.9 | 3,069.0 | 2,874.9 | 2,785.5 | 2,835.6 | 2,732.0 | 2,623.5 | 2,634.9 | 2,566.8 | 2,534.2 | 2,511.1 | 2,510.1 | 2,563.4 | 2,618.3 | 2,576.1 | 2,468.3 | 2,377.4 | 2,575.5 | 2,404.0 | 977.7 | 979.1 |
| Total Liabilities & Equity | 15,790.1 | 13,141.6 | 12,956.9 | 11,478.6 | 11,154.9 | 10,436.2 | 10,481.1 | 10,139.2 | 9,519.6 | 9,201.4 | 9,065.0 | 8,407.1 | 8,155.6 | 7,507.8 | 7,804.8 | 7,165.1 | 6,973.8 | 7,031.7 | 6,952.4 | 5,402.1 | 4,867.0 | 4,766.4 | 2,708.1 | 2,250.5 |
| Debt Metrics | ||||||||||||||||||||||||
| Total Debt | 9,823.2 | 8,912.5 | 9,181.8 | 7,958.3 | 7,853.3 | 7,358.3 | 7,496.0 | 7,119.9 | 6,614.3 | 6,412.8 | 6,243.4 | 5,682.2 | 5,451.0 | 4,816.5 | 5,090.5 | 4,374.2 | 4,143.9 | 4,158.3 | 4,070.9 | 2,219.3 | 1,982.3 | 2,114.2 | 1,656.4 | 1,219.0 |
| Net Debt | 7,390.2 | 6,438.2 | 7,654.0 | 6,529.4 | 6,498.9 | 6,007.1 | 6,295.6 | 6,073.7 | 5,601.2 | 5,140.1 | 5,206.7 | 4,602.9 | 4,559.0 | 3,844.0 | 3,650.2 | 2,844.1 | 2,888.8 | 1,896.4 | 1,503.5 | 779.8 | 515.7 | 490.6 | 1,135.7 | 534.6 |
| Metric | 2026 Q4 | 2026 Q3 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||||
| Net Income | 1,616.6 | 102.9 | 129.6 | 80.7 | 69.2 | 2.8 | 80.4 | (100.2) | (45.1) | (133.9) | (166.9) | (171.8) | (206.0) | (205.7) | (322.4) | (251.3) | (186.4) | (54.7) | (159.7) | (306.6) | (153.2) | (287.1) | (26.6) | (3.9) | 34.8 | (85.6) | (31.0) | (30.8) |
| Depreciation & Amortization | 87.3 | 75.0 | 75.6 | (57.0) | 64.0 | 59.5 | 54.9 | 46.7 | 65.4 | 37.0 | 26.5 | 40.1 | 43.3 | 47.5 | 23.0 | 20.9 | 17.1 | 13.1 | 12.0 | 10.5 | 7.9 | 5.0 | 3.4 | 3.7 | 2.0 | 2.9 | 2.4 | 2.1 |
| Stock-Based Compensation | 0 | 0 | 77.8 | 85.9 | 65.5 | 75.6 | 86.1 | 94.2 | 64.9 | 77.1 | 90.2 | 112.4 | 103.3 | 106.8 | 121.8 | 119.8 | 110.9 | 98.4 | 88.5 | 93.2 | 135.6 | 179.6 | 6.5 | 6.2 | 5.0 | 7.8 | 8.4 | 8.4 |
| Change in Working Capital | (44.0) | 118.7 | (111.7) | 124.7 | (153.9) | (1.1) | 84.9 | 20.3 | (62.9) | 74.8 | (59.5) | (14.8) | (61.8) | (43.4) | (43.1) | 13.4 | (1.4) | (43.9) | (375.9) | 411.2 | 14.8 | (77.0) | (4.1) | 12.5 | (5.1) | 31.2 | 5.6 | (0.7) |
| Other Non-Cash Items | (1,363.6) | 90.2 | 2.4 | 140.3 | 29.8 | 73.6 | 5.8 | 135.8 | 46.5 | 153.2 | 184.1 | 133.0 | 165.0 | 40.6 | 192.2 | 148.4 | 0.7 | (40.9) | (5.1) | 156.8 | (24.9) | 56.2 | (26.9) | (20.9) | (65.3) | 35.4 | (1.6) | 2.4 |
| Operating Cash Flow | 296.4 | 386.8 | 173.7 | 374.6 | 74.6 | 210.4 | 312.0 | 196.9 | 68.8 | 208.2 | 74.3 | 98.9 | 43.8 | (54.3) | (28.5) | 51.2 | (59.1) | (28.0) | (440.3) | 365.1 | (19.9) | (123.3) | (47.7) | (2.3) | (28.4) | (8.2) | (16.1) | (18.5) |
| Investing Activities | ||||||||||||||||||||||||||||
| Capital Expenditure | (66.9) | (61.4) | (55.7) | (54.4) | (51.1) | (53.0) | (43.9) | (44.2) | (38.3) | (46.5) | (38.7) | (35.8) | (24.9) | (30.5) | (34.2) | (31.2) | (52.5) | (21.1) | (21.8) | (16.3) | (7.8) | (5.4) | (2.9) | (4.2) | (2.3) | (5.2) | (8.1) | (5.4) |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (16.1) | 0 | 0 | 0 | 0 | 0 | (6.0) | (117.7) | 8.9 | (113.6) | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (13,200.5) | (7,699.1) | (12,733.0) | (9,943.8) | (270.3) | (368.7) | (48.2) | (136.7) | (524.8) | (267.9) | (96.5) | (96.8) | (515.9) | (460.6) | (1) | (104.6) | (1,071.3) | (258.3) | (68.2) | (443.6) | 0 | 0 | 0 | 0 | (797.0) | (693.4) | (781.5) | (558.3) |
| Sales/Maturities of Investments | 13,089.0 | 12,088.8 | 5,533.3 | 4,499.3 | 231.4 | 263.8 | 504.9 | 215.7 | 245.1 | 409.8 | 219.7 | 262.3 | 409.7 | 329.6 | 333.7 | 464.5 | 119.2 | 132.7 | 58.2 | 0.9 | 0 | 0 | 0 | 0 | 91.7 | 74.6 | 79.0 | 58.1 |
| Other Investing Activities | (1,020.1) | (4,179.2) | 5,890.4 | 5,359.3 | (364.5) | 193.4 | (501.9) | (609.8) | (219.6) | (242.2) | (709.4) | (145.5) | (646.1) | (123.4) | (990.6) | (211.4) | (46.5) | (19.4) | (158.3) | (164.5) | 209.8 | (203.2) | (432.4) | (353.6) | 686.9 | 664.4 | 505.8 | 437.6 |
| Investing Cash Flow | (1,198.5) | 149.2 | (1,365.0) | (139.6) | (454.5) | 35.5 | (89.1) | (575.0) | (537.6) | (146.8) | (624.9) | (15.9) | (777.2) | (301.0) | (692.2) | 117.3 | (1,025.7) | (166.0) | (190.1) | (629.5) | 84.3 | (199.7) | (548.9) | (357.8) | (20.7) | 40.4 | (204.8) | (68.0) |
| Financing Activities | ||||||||||||||||||||||||||||
| Net Debt Issuance | 923.4 | (133.2) | 1,234.7 | 127.6 | 445.2 | (153.3) | 472.4 | 529.6 | 188.3 | 186.3 | 529.7 | 192.2 | 618.1 | (98.8) | 677.9 | 233.4 | (11.2) | 101.9 | 1,818.7 | 252.9 | (147.3) | 725.0 | 425.9 | 386.8 | 126.1 | (30.6) | 182.9 | 47.3 |
| Stock Repurchased | 0 | 0 | 0 | (112.3) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.1) | (0.0) | (0.1) | 0 | (0.0) | (0.0) | (0.0) | (0.2) | (0.6) | 0 | (0.4) | (40.2) | (0.9) |
| 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 |
| Other Financing Activities | (74.0) | (58.0) | (48.1) | 94.8 | (68.7) | (92.2) | (328.3) | (63.9) | (42.3) | (74.3) | (23.4) | (43.4) | (8.5) | (30.1) | (8.1) | (33.7) | (17.7) | (46.0) | (52.4) | (9.0) | (28.7) | (127.6) | 0 | (2.9) | (8.1) | 1.8 | (1.4) | 0 |
| Financing Cash Flow | 865.6 | (152.6) | 1,186.6 | 110.1 | 387.3 | (245.6) | 144.1 | 465.6 | 146.0 | 112.0 | 506.3 | 148.8 | 609.5 | (129.0) | 669.8 | 199.5 | (28.9) | 55.8 | 1,766.3 | 244.0 | (176.1) | 1,488.6 | 447.5 | 817.8 | 120.7 | (30.4) | 141.8 | 62.7 |
| Cash Position | ||||||||||||||||||||||||||||
| Net Change in Cash | (41.3) | 379.7 | (3.0) | 341.2 | 20.5 | (1.2) | 352.5 | 89.2 | (324.3) | 171.7 | (40.5) | 228.5 | (121.5) | (483.3) | (48.7) | 362.7 | (1,124.8) | (139.2) | 1,139.0 | (16.8) | (114.4) | 1,170.2 | (149.1) | 457.7 | 71.6 | 1.8 | (79.1) | (23.9) |
| Cash at Beginning | 2,474.3 | 2,094.6 | 2,097.6 | 1,756.4 | 1,736.0 | 1,737.2 | 1,384.6 | 1,295.4 | 1,619.7 | 1,448.0 | 1,488.5 | 1,259.9 | 1,381.5 | 1,864.8 | 1,913.5 | 1,550.8 | 2,675.6 | 2,814.8 | 1,675.8 | 1,692.6 | 1,807.0 | 636.8 | 785.9 | 328.1 | 256.5 | 254.8 | 333.9 | 357.8 |
| Cash at End | 2,433.0 | 2,474.3 | 2,094.6 | 2,097.6 | 1,756.4 | 1,736.0 | 1,737.2 | 1,384.6 | 1,295.4 | 1,619.7 | 1,448.0 | 1,488.5 | 1,259.9 | 1,381.5 | 1,864.8 | 1,913.5 | 1,550.8 | 2,675.6 | 2,814.8 | 1,675.8 | 1,692.6 | 1,807.0 | 636.8 | 785.9 | 328.1 | 256.5 | 254.8 | 333.9 |
| Free Cash Flow | 229.5 | 325.4 | 118.0 | 320.2 | 23.5 | 157.4 | 268.1 | 152.7 | 30.5 | 161.7 | 35.6 | 63.1 | 18.9 | (84.8) | (62.8) | 20.1 | (111.6) | (49.1) | (462.1) | 348.8 | (27.8) | (128.6) | (50.5) | (6.5) | (30.8) | (13.4) | (24.2) | (23.9) |
| Key Metrics | 2026 Q4 | 2026 Q3 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||||||||||||||
| Revenue | 1,089.7 | 1,038.8 | 1,123.0 | 933.3 | 876.4 | 783.1 | 866.4 | 698.5 | 659.2 | 576.2 | 591.1 | 496.5 | 445.8 | 381.0 | 399.6 | 361.6 | 364.1 | 354.8 | 361.0 | 269.4 | 261.8 | 230.7 | 204.0 | 174.0 | 153.3 | 138.3 | 130.0 | 87.9 |
| Gross Profit | 756.1 | 684.9 | 779.6 | 631.4 | 593.5 | 512.1 | 602.2 | 469.0 | 445.8 | 363.1 | 381.1 | 287.9 | 222.3 | 154.0 | 176.3 | 162.3 | 181.4 | 201.1 | 224.2 | 166.2 | 157.7 | 104.5 | 145.6 | 126.7 | 106.8 | 90.9 | 86.7 | 52.9 |
| Operating Income | 265.3 | 202.2 | 117.6 | 63.7 | 58.1 | (8.4) | (4.3) | (132.6) | (73.5) | (160.8) | (172.2) | (209.4) | (243.8) | (310.0) | (359.5) | (287.5) | (277.2) | (226.6) | (196.2) | (166.1) | (149.7) | (209.3) | (26.8) | (33.3) | 39.3 | (81.5) | (32.6) | (33.0) |
| Net Income | 1,616.6 | 102.9 | 129.6 | 80.7 | 69.2 | 2.8 | 80.4 | (100.2) | (45.1) | (133.9) | (166.9) | (171.8) | (206.0) | (205.7) | (322.4) | (251.3) | (186.4) | (54.7) | (159.7) | (306.6) | (153.2) | (287.1) | (26.6) | (3.9) | 34.8 | (85.6) | (31.0) | (30.8) |
| EPS (Diluted) | 4.62 | 0.30 | 0.37 | 0.23 | 0.20 | 0.01 | 0.23 | -0.31 | -0.14 | -0.43 | -0.54 | -0.57 | -0.69 | -0.69 | -1.10 | -0.86 | -0.65 | -0.19 | -0.57 | -1.13 | -0.48 | -1.06 | -0.13 | -0.06 | 0.17 | -0.41 | -0.15 | -0.15 |
| Balance Sheet | ||||||||||||||||||||||||||||
| Cash & Equivalents | 2,433.0 | 2,474.3 | 1,527.9 | 1,428.8 | 1,354.5 | 1,351.1 | 1,200.4 | 1,046.2 | 1,013.1 | 1,272.8 | 1,036.7 | 1,079.3 | 892.0 | 972.5 | 1,440.3 | 1,530.1 | 1,255.2 | 2,261.9 | 2,567.4 | 1,439.5 | 1,466.6 | 1,623.7 | 520.7 | 684.4 | ||||
| Total Assets | 15,790.1 | 13,141.6 | 12,956.9 | 11,478.6 | 11,154.9 | 10,436.2 | 10,481.1 | 10,139.2 | 9,519.6 | 9,201.4 | 9,065.0 | 8,407.1 | 8,155.6 | 7,507.8 | 7,804.8 | 7,165.1 | 6,973.8 | 7,031.7 | 6,952.4 | 5,402.1 | 4,867.0 | 4,766.4 | 2,708.1 | 2,250.5 | ||||
| Total Debt | 9,823.2 | 8,912.5 | 9,181.8 | 7,958.3 | 7,853.3 | 7,358.3 | 7,496.0 | 7,119.9 | 6,614.3 | 6,412.8 | 6,243.4 | 5,682.2 | 5,451.0 | 4,816.5 | 5,090.5 | 4,374.2 | 4,143.9 | 4,158.3 | 4,070.9 | 2,219.3 | 1,982.3 | 2,114.2 | 1,656.4 | 1,219.0 | ||||
| Stockholders' Equity | 5,483.8 | 3,783.4 | 3,546.9 | 3,298.9 | 3,069.0 | 2,874.9 | 2,785.5 | 2,835.6 | 2,732.0 | 2,623.5 | 2,634.9 | 2,566.8 | 2,534.2 | 2,511.1 | 2,510.1 | 2,563.4 | 2,618.3 | 2,576.1 | 2,468.3 | 2,377.4 | 2,575.5 | 2,404.0 | 977.7 | 979.1 | ||||
| Cash Flow | ||||||||||||||||||||||||||||
| Operating Cash Flow | 296.4 | 386.8 | 173.7 | 374.6 | 74.6 | 210.4 | 312.0 | 196.9 | 68.8 | 208.2 | 74.3 | 98.9 | 43.8 | (54.3) | (28.5) | 51.2 | (59.1) | (28.0) | (440.3) | 365.1 | (19.9) | (123.3) | (47.7) | (2.3) | (28.4) | (8.2) | (16.1) | (18.5) |
| Capital Expenditure | (66.9) | (61.4) | (55.7) | (54.4) | (51.1) | (53.0) | (43.9) | (44.2) | (38.3) | (46.5) | (38.7) | (35.8) | (24.9) | (30.5) | (34.2) | (31.2) | (52.5) | (21.1) | (21.8) | (16.3) | (7.8) | (5.4) | (2.9) | (4.2) | (2.3) | (5.2) | (8.1) | (5.4) |
| Free Cash Flow | 229.5 | 325.4 | 118.0 | 320.2 | 23.5 | 157.4 | 268.1 | 152.7 | 30.5 | 161.7 | 35.6 | 63.1 | 18.9 | (84.8) | (62.8) | 20.1 | (111.6) | (49.1) | (462.1) | 348.8 | (27.8) | (128.6) | (50.5) | (6.5) | (30.8) | (13.4) | (24.2) | (23.9) |