Akebia Therapeutics, Inc. logo AKBA - Akebia Therapeutics, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 7
HOLD 3
SELL 1
STRONG
SELL
0
| PRICE TARGET: $4.00 DETAILS
HIGH: $4.00
LOW: $4.00
MEDIAN: $4.00
CONSENSUS: $4.00
UPSIDE: 292.16%
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 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4
Revenue
Revenue 53.5 57.6 58.8 62.5 57.3 46.5 37.4 43.6 32.6 56.2 42.0 56.4 40.0 55.2 48.7 126.4 61.7 57.7 48.8 52.9 52.3 56.7 60.0 90.1 88.5 69.6 92.0 100.8 72.7 59.9 53.2 48.8 45.9 87.3 41.3 28.5 20.9 1.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Cost of Revenue 12.6 12.2 9.7 9.9 7.6 20.4 14.2 8.3 2.7 18.7 18.0 17.3 20.2 (3.1) 38.3 18.6 31.3 31.7 15.9 52.5 34.6 26.8 30.3 174.6 27.7 10.0 38.3 37.7 31.3 7.7 70.6 71.9 61.4 68.4 58.7 43.8 60.0 33.4 31.2 30.9 20.2 43.0 0 0 0 0 0 0 0 0 0 0 0 0
Gross Profit 40.9 45.4 49.1 52.6 49.7 26.1 23.3 35.4 29.9 37.5 24.0 39.1 19.8 58.3 10.4 107.8 30.4 26.0 32.8 0.4 17.7 29.9 29.6 (84.5) 60.8 59.5 53.7 63.1 41.4 52.2 (17.5) (23.1) (15.5) 18.9 (17.4) (15.2) (39.2) (31.9) (31.2) (30.9) (20.2) (43.0) 0 0 0 0 0 0 0 0 0 0 0 0
Operating Expenses
R&D Expenses 14.8 26.6 14.6 11.0 9.8 11.8 8.5 7.6 9.7 9.9 13.3 20.2 19.7 31.9 28.0 26.0 43.8 29.6 40.5 37.2 40.6 37.6 46.9 52.8 81.2 80.4 74.5 85.7 82.4 87.1 70.6 71.9 61.4 68.4 58.7 43.8 60.0 33.4 31.2 30.9 20.2 12.5 15.8 7.2 7.5 7.1 6.6 5.5 6.2 3.2 3.2 2.5 1.9 0.6
SG&A Expenses 30.4 26.1 30.0 26.6 25.7 27.7 26.5 0 0 25.4 22.7 27.0 25.1 30.6 31.9 32.2 44.3 44.8 46.4 42.5 41.3 40.3 40.9 36.5 38.7 44.9 34.2 37.0 34.3 55.1 10.4 12.5 9.0 7.6 6.7 6.9 5.8 6.1 4.9 5.3 5.8 7.5 3.9 3.7 3.4 3.5 2.9 2.3 3.8 3.0 0.8 0.7 0.7 1.3
Other Expenses 0.4 1.2 0 0.9 0.7 1.0 0.8 36.4 35.1 0.9 1.0 0.9 0.7 2.1 0.9 15.4 0.7 16.9 0.9 0 0.7 37.4 0.4 0.4 0.3 29.1 0.0 0.0 0.8 0 0.0 0.0 0.0 0 0.2 0.0 (0.0) 0.0 (0.3) 0.1 0.0 0.0 0.1 0.1 0.1 0 0 0 0 0 0 0 0 0
Operating Expenses 45.6 54.0 44.6 38.5 36.2 40.4 35.8 44.1 44.8 36.2 37.1 48.1 45.4 64.6 60.8 73.7 88.8 91.3 87.7 79.8 82.6 115.3 87.7 89.3 119.9 154.4 109.6 122.7 117.4 142.3 81.0 84.5 70.4 75.9 65.5 50.7 65.8 39.6 36.2 36.2 26.0 20.1 19.7 10.9 10.9 10.6 9.6 7.8 9.9 6.2 4.0 3.1 2.6 1.5
Operating Income
Operating Income (4.7) (8.6) 4.4 14.1 13.5 (14.3) (12.5) (8.7) (14.9) 1.4 (13.0) (9.0) (25.6) (6.3) (50.4) 34.1 (58.5) (65.3) (54.9) (79.3) (64.9) (85.4) (58.1) (173.8) (59.1) (94.9) (55.9) (59.5) (76.0) (90.1) (27.8) (35.7) (24.5) 11.4 (24.2) (22.1) (45.0) (38.0) (36.2) (36.2) (26.0) (20.1) (19.7) (10.9) (10.9) (10.6) (9.6) (7.8) (9.9) (6.2) (4.0) (3.1) (2.6) (1.9)
Interest Expense (4.7) 4.8 4.7 6.8 7.8 6.9 6.7 2.1 2.5 1.4 1.4 1.6 1.6 1.6 4.0 5.0 5.1 5.1 5.1 5.0 4.8 2.3 2.3 2.3 2.0 0.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.2 0.2 0.1 0.1 0.1 0.1 0.1 0.1 0.0 0.0 0.0 0 0.8 0
Interest Income 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 0.2 0.5 0.9 1.7 1.8 1.6 1.1 0.9 0.8 0.6 0.4 0.2 0.2 0.3 0 0 0 0 0 0 0 0 0 0 0 0.0 0 0.9
Profitability
EBITDA (4.4) (6.1) 6.2 7.4 14.2 (6.6) (4.0) 1.2 (4.9) 11.4 (3.7) (0.1) (15.9) 17.2 (40.7) 43.9 (47.9) (48.0) (45.0) (69.0) (55.3) (47.5) (51.1) (163.8) (49.1) (65.2) (46.2) (49.3) (65.6) (86.7) (27.6) (35.4) (24.3) 11.6 (24.0) (22.0) (44.8) (37.9) (36.1) (36.1) (26.0) (20.0) (19.6) (10.9) (10.8) (10.2) (9.6) (7.8) (9.6) (2.7) (4.0) (3.1) (2.6) (1.9)
EBIT (4.7) (6.4) 5.9 7.1 13.9 (15.9) (13.4) (8.2) (14.3) 2.0 (13.1) (9.5) (25.3) 7.8 (50.1) 34.5 (57.4) (57.4) (54.5) (78.1) (64.8) (55.2) (57.7) (173.4) (58.8) (74.9) (55.9) (59.0) (75.2) (88.4) (27.8) (35.7) (24.5) 11.4 (24.2) (22.1) (45.0) (38.0) (36.2) (36.2) (26.0) (20.1) (19.7) (10.9) (10.9) (10.6) (9.6) (7.8) (9.9) (2.7) (4.0) (3.1) (2.6) (1.9)
Income Before Tax (8.9) (11.2) 1.2 0.2 6.1 (22.8) (20.0) (8.6) (18.0) 0.6 (14.5) (11.2) (26.9) (7.6) (54.1) 29.4 (62.4) (69.9) (59.5) (83.0) (69.6) (87) (60.0) (175.8) (60.7) (92.7) (55.9) (59.0) (75.2) (88.4) (26.0) (34.1) (23.4) 12.3 (23.1) (21.5) (44.5) (37.9) (36.3) (35.8) (25.8) (19.9) (19.5) (10.7) (10.7) (10.4) (9.3) (7.6) (9.7) (5.9) (3.8) (2.8) (0.6) (2.4)
Income Tax Expense 0.1 1.0 0.6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1.8 (1.3) (0.8) (2.8) (28.3) 0 0 0 0 0 0 (0.4) (0.2) (0.2) (0.3) (0.2) (0.2) (0.1) 0 (0.1) (0.1) (0.1) (0.1) (0.0) 0 (0.0) 0 0 0.9
Net Income (9.1) (12.2) 0.5 0.2 6.1 (22.8) (20.0) (8.6) (18.0) 0.6 (14.5) (11.2) (26.9) (7.6) (54.1) 29.4 (62.4) (69.9) (59.5) (83.0) (69.6) (87) (60.0) (175.8) (60.7) (94.5) (54.6) (58.2) (72.4) (88.4) (26.0) (34.1) (23.4) 12.3 (23.1) (21.5) (44.5) (37.9) (36.3) (35.8) (25.8) (19.9) (19.5) (10.7) (10.7) (10.4) (9.3) (7.6) (9.7) (5.9) (3.8) (2.8) (0.6) (3.3)
Per Share Data
EPS (Basic) -0.03 -0.05 0.00 0.00 0.03 -0.10 -0.10 -0.04 -0.09 0.00 -0.08 -0.06 -0.09 -0.05 -0.29 0.16 -0.35 -0.40 -0.34 -0.51 -0.45 -0.60 -0.42 -1.28 -0.47 -0.79 -0.46 -0.49 -0.62 -0.76 -0.46 -0.60 -0.48 0.25 -0.49 -0.53 -1.15 -0.99 -0.96 -0.95 -0.70 -0.54 -0.68 -0.40 -0.53 -0.52 -0.47 -0.39 -0.65 -0.40 -0.37 -0.28 -0.06 -0.07
EPS (Diluted) -0.03 -0.05 0.00 0.00 0.03 -0.10 -0.10 -0.04 -0.09 0.00 -0.08 -0.06 -0.09 -0.05 -0.29 0.15 -0.35 -0.40 -0.34 -0.51 -0.45 -0.60 -0.42 -1.28 -0.47 -0.79 -0.46 -0.49 -0.62 -0.76 -0.46 -0.60 -0.48 0.25 -0.49 -0.53 -1.15 -0.98 -0.96 -0.95 -0.70 -0.54 -0.68 -0.40 -0.53 -0.52 -0.47 -0.39 -0.65 -0.40 -0.37 -0.28 -0.06 -0.07
Shares Outstanding 267.0 265.4 264.8 262.6 235.5 218.7 210.3 209.7 205.0 189.9 188.3 186.8 184.8 184.0 183.9 183.6 179.6 174.6 173.8 161.3 153.8 145.1 143.3 136.9 128.4 119.4 118.9 118.3 117.1 116.9 57.0 56.9 48.6 47.4 46.9 40.8 38.8 38.3 37.9 37.8 36.9 36.9 28.8 26.6 20.0 19.9 19.7 19.7 14.9 14.9 10.1 10.1 10.1 44.5
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
Current Assets
Cash & Cash Equivalents 162.6 184.8 166.4 137.3 113.4 51.9 34.0 39.5 42.0 42.9 46.5 53.6 57.0 90.5 144.8 143.9 174.6 149.8 207.2 247.0 252.8 229.1 169.3 245.4 115.8 147.7 122.9 87.2 62.7 104.6 162.4 163.5 158.2 70.2 89.6 125.4 87.2 187.3 65.8 46.2 43.4
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 20.0 40.0 100.0 49.9 0 0.2 22.7 49.6 105.3 217.0 227.7 238.6 234.9 247.6 240.1 195.8 164.6 73.0 95.5 142.5 173.6
Net Receivables 62.5 47.0 66.2 72.8 61.5 34.4 32.2 29.8 26.6 39.3 22.6 19.6 17.8 40.3 23.1 81.9 64.6 51.6 49.7 35.0 35.2 28.6 24.5 39.1 105.4 38.9 29.7 28.9 48.4 16.7 0.7 0.1 35.9 34.2 0.3 0 0 33.8 0 0 0
Inventory 13.0 15.6 18.6 16.7 19.7 16.2 20.5 23.9 25.5 15.7 18.4 20.9 20.6 21.6 40.0 36.3 39.4 36.6 33.7 37.9 44.8 61.0 88.2 104.6 111.9 116.3 116.0 122.1 115.2 114.2 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 5.3 5.5 7.0 7.8 7.9 7.3 13.4 7.3 4.8 5.8 2.6 24.4 2.7 32.9 0 0 0 0 0 0 0 12.8 0 0 7.7 6.4 0.3 10.4 15.6 15.7 6.7 0 0 6.3 4.0 11.2 3.2 0 3.8 0 0
Total Current Assets 243.5 253.0 258.3 234.7 203.8 113.8 100.1 112.1 112.9 118.1 109.6 118.4 120.7 185.2 237.5 304.2 302.7 271.1 330.1 331.1 365.0 371.4 391 449.1 340.8 309.5 299.0 316.4 347.2 468.3 397.5 407.4 437.0 358.4 333.9 332.4 255.1 296.3 165.1 192.5 219.5
Non-Current Assets
Property, Plant & Equipment 3.4 4.9 6.3 7.7 9.0 10.4 11.8 13.3 14.7 16.0 17.4 18.8 32.8 34.4 36.0 37.5 39.1 40.6 30.4 32.1 33.8 35.5 34.5 36.3 37.9 39.4 42.9 42.1 41.9 8.0 3.8 3.7 3.7 3.6 3.4 2.9 2.9 2.6 2.7 1.8 0.6
Goodwill 59.0 59.0 59.0 59.0 59.0 59.0 59.0 59.0 59.0 59.0 59.0 59.0 55.1 59.0 55.1 55.1 55.1 59.0 55.1 55.1 55.1 55.1 55.1 55.1 55.1 55.1 55.1 55.1 55.1 55.1 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 0 0 0 0 0 0 9.0 18.0 27.0 36.0 45.1 54.1 63.1 72.1 81.1 90.1 99.1 108.1 117.1 126.1 135.2 144.2 151.4 157.5 282.1 291.2 300.3 309.4 318.5 328.2 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 0 0 0 1.7 1.7 0 1.7 0 0 0 0 1.7 0 0 0 0 0 0 0 0 0 2.0 0 0 2.0 2.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 56.6 59.7 40.5 42.5 36.7 37.4 25.5 17.8 11.8 12.4 3.9 1.6 5.2 5.4 26.3 35.0 39.4 50.4 69.6 67.5 39.6 35.9 44.2 47.3 69.9 73.9 97.9 100.5 128.1 137.0 2.5 2.6 2.0 2.3 1.3 1.5 1.3 1.3 1.3 1.3 1.3
Total Non-Current Assets 119.0 123.6 105.8 110.9 106.4 106.8 107.0 108.1 112.5 123.6 125.4 135.3 156.1 170.9 198.4 217.6 232.7 258.2 272.2 280.8 263.7 272.7 285.1 296.1 447.0 461.7 496.2 507.1 543.6 528.3 6.3 6.4 5.7 5.9 4.7 4.4 4.2 3.9 4.0 3.1 1.9
Total Assets 362.5 376.6 364.2 345.6 310.2 220.7 207.1 220.2 225.5 241.7 235.0 253.7 276.9 356.1 435.9 521.8 535.4 529.3 602.3 611.9 628.7 644.1 676.1 745.2 787.7 771.2 795.2 823.5 890.8 996.5 403.8 413.8 442.7 364.2 338.6 336.8 259.3 300.2 169.1 195.6 221.4
Current Liabilities
Account Payables 8.4 21.2 10.1 11.6 12.7 15.2 13.5 10.1 11.9 14.6 9.0 11.8 12.6 18.0 19.7 24.9 19.5 33.6 28.8 42.0 30.5 41.3 40.4 29.4 54.4 39.2 64.4 19.3 15.2 42.8 12.7 4.8 17.9 7.0 8.7 10.2 15.1 2.0 8.5 5.1 2.4
Short-Term Debt 12.5 0 0 0 0 4.3 2.2 2.0 0 17.5 8 28.8 24 32 65.9 98.2 97.8 97.5 0 0 0 5.3 0 0 5.1 5.0 0 0 0 15 0 0 0 0 0 0 0 0 0 0 0
Deferred Revenue 4.5 2.7 3.9 5.5 1.2 0 0 0 0.7 0 0 23.3 0 3.7 1.3 5.0 10.4 20.9 15.7 11.9 18.3 53.3 18.0 23.5 66.7 70.4 32.1 40.3 49.6 57.0 70.1 78.6 78.6 84.9 121.0 142.3 84.1 82.0 40 40 40
Other Current Liabilities 148.5 107.8 40.1 35.7 47.4 22.8 44.7 62.8 28.7 41.2 14.6 21.8 1.3 52.5 38.9 40.4 42.7 31.2 44.2 39.1 39.2 72.9 39.3 41.7 80.2 80.9 111.8 112.5 126.6 26.8 89.9 76.9 51.5 45.7 18.0 26.0 32.5 0.0 0 0 0
Total Current Liabilities 173.9 162.9 133.4 118.7 91.2 80.9 65.7 107.3 66.5 99.9 79.7 92.2 82.9 129.5 188.0 233.7 253.9 261.1 189.2 165.6 172.7 187.1 181.5 195.8 214.2 208.1 223.1 185.6 202.6 265.7 177.4 164.4 151.4 144.3 151.4 181.6 133.5 114.3 26.1 20.9 13.4
Non-Current Liabilities
Long-Term Debt 0 48.2 47.6 47.1 46.5 175.5 38.4 91.1 30.1 17.2 90.7 75.0 83.4 34.1 0 0 0 0 97.2 96.9 96.6 96.4 76.6 76.3 76.1 75.8 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 0 0 0 0 0 0 0 0 0 0 0 0 1.8 3.0 3.9 6.6 0 0 0 0 (0.0) (0.0) (0.0) 0 (0.0) (0.0) (0.0)
Other Non-Current Liabilities 161.3 132.8 141.5 149.9 145.7 9.9 148.5 49.2 105.2 103.0 93.8 58.5 97.5 115.0 160.1 150.8 157.4 139.1 130.5 136.4 103.0 63.0 43.0 43.4 32.1 31.9 30.1 29.9 29.7 32.6 2.5 2.5 2.6 2.6 2.7 2.7 2.9 2.5 2.3 41.4 40.3
Total Non-Current Liabilities 161.3 181.0 189.2 197.7 194.4 188.9 191.8 146.7 186.2 172.4 194.7 188.3 208.3 221.3 234.1 225.8 255.3 194.3 275.9 271.6 242.1 209.4 176.7 179.1 177.2 168.3 104.5 118.6 121.8 94.9 83.9 83.4 94.2 100.6 87.4 98.2 95.2 117.8 42.3 41.4 40.3
Total Liabilities 335.1 344.0 322.6 316.4 285.6 269.9 257.5 253.9 252.7 272.3 274.4 280.5 291.2 350.8 422.0 459.5 509.2 455.3 465.1 437.2 414.8 396.5 358.2 374.9 391.4 376.4 327.7 304.2 324.4 360.6 261.3 247.9 245.6 244.9 238.7 279.8 228.6 232.1 68.4 62.3 53.7
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
Retained Earnings (1,692.8) (1,683.7) (1,671.5) (1,672.0) (1,672.2) (1,678.4) (1,655.6) (1,635.5) (1,626.9) (1,609.0) (1,609.6) (1,595.1) (1,579.1) (1,557.0) (1,545.4) (1,493.5) (1,522.8) (1,462.8) (1,389.7) (1,330.1) (1,247.1) (1,177.5) (1,090.5) (1,030.6) (854.8) (794.1) (699.6) (645.0) (586.8) (514.4) (454.3) (428.3) (394.2) (374.1) (386.3) (363.2) (341.7) (297.1) (259.3) (223.0) (187.2)
Accumulated Other Comprehensive Income 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) (0.4) (0.5) (0.6) (0.4) (0.2) (0.3) (0.2) (0.0) (0.0) 0.0 (0.0)
Total Stockholders' Equity 27.4 32.6 41.6 29.2 24.6 (49.2) (50.4) (33.8) (27.3) (30.6) (39.4) (26.8) (14.4) 5.2 13.9 62.3 26.1 74.0 137.2 174.6 213.9 247.6 318.0 370.3 396.4 394.8 467.6 519.4 566.4 635.9 142.5 165.9 197.1 119.3 99.9 57.0 30.6 68.1 100.7 133.3 167.8
Total Liabilities & Equity 362.5 376.6 364.2 345.6 310.2 220.7 207.1 220.2 225.5 241.7 235.0 253.7 276.9 356.1 435.9 521.8 535.4 529.3 602.3 611.9 628.7 644.1 676.1 745.2 787.7 771.2 795.2 823.5 890.8 996.5 403.8 413.8 442.7 364.2 338.6 336.8 259.3 300.2 169.1 195.6 221.4
Debt Metrics
Total Debt 12.5 51.8 52.6 53.4 54.1 188.7 50.8 104.6 42.9 48.1 113.8 115.3 139.9 99.8 100.9 134.3 135.2 136.0 123.2 124.2 125.2 126.3 105.4 106.4 107.4 108.3 33.7 34.8 36.0 15 0 0 0 0 0.0 0.0 0.0 0 0.0 0.0 0.0
Net Debt (150.1) (133.0) (113.9) (83.9) (59.2) 136.9 16.8 65.1 0.9 5.2 67.2 61.7 83.0 9.3 (43.9) (9.6) (39.4) (13.8) (84.0) (122.8) (127.5) (102.8) (63.9) (139) (8.4) (39.4) (89.2) (52.4) (26.8) (89.6) (162.4) (163.5) (158.2) (70.2) (89.6) (125.4) (87.2) (187.3) (65.8) (46.2) (43.4)
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 (9.1) (12.2) 0.5 0.2 6.1 (22.8) (20.0) (8.6) (18.0) 0.6 (14.5) (11.8) (26.2) (7.6) (51.9) 28.4 (62.4) (70.7) (59.5) (83.0) (69.6) (87) (60.0) (175.8) (60.7) (94.5) (54.6) (58.2) (72.4) (60.1) (26.0) (34.1) (23.4) 12.3 (23.1) (21.5) (44.5) (37.9) (36.3) (35.8) (25.8)
Depreciation & Amortization 0.3 0.3 0.3 0.3 0.3 13.5 9.4 9.4 9.4 9.4 9.4 9.4 9.4 9.4 9.4 9.4 9.4 9.5 9.5 9.5 9.0 7.7 6.6 9.6 9.6 9.7 9.7 9.7 9.5 1.8 0.2 0.2 0.2 0.2 0.2 0.1 0.1 0.1 0.1 0.0 0.0
Stock-Based Compensation 3.7 3.2 3.2 2.7 2.2 0 1.6 2.1 2.4 1.5 1.8 3.5 2.5 3.0 3.4 6.9 4.5 4.6 5.6 6.5 0 6.1 6.6 6.9 4.9 4.9 2.6 2.3 2.1 12.1 2.3 2.5 2.2 2.2 2.2 (0.9) 5.4 1.7 1.6 1.2 1.3
Change in Working Capital (24.5) 21.9 19.2 5.1 (29.7) (3.2) (7.7) (13.6) (15.1) (16.2) (4.2) 3.5 (3.8) (3.9) 51.7 (75.2) 21.3 (34.4) (9.4) (28.2) (36.3) (2.4) 3.3 40.1 (54.6) (32.3) 34.1 (11.2) (89.7) (16.8) 11.5 40.6 0.7 (31.1) (34.0) 43.1 29.3 131.6 5.9 7.4 41.8
Other Non-Cash Items 8.4 18.0 4.8 14.0 7.5 8.0 10.0 0.7 2.0 2.4 (0.4) (1.2) 0.6 (55.7) 21.2 (0.2) 5.6 19.8 (4.1) 32.1 26.1 44.8 (0.8) 10.9 11.2 21.7 20.4 19.8 15.3 17.7 (0.4) (0.3) (0.1) 0.1 0.2 3.6 0.2 0.1 0.4 0.1 0.1
Operating Cash Flow (21.2) 31.1 28.1 22.3 (13.6) (4.5) (6.7) (10.1) (19.4) (2.3) (7.2) 3.6 (17.5) (54.7) 33.8 (30.7) (21.6) (62.8) (56.3) (63.1) (70.7) (30.8) (27.2) 37.2 (89.6) (92.1) 11.0 (38.4) (137.9) (73.7) (12.5) 9.0 (20.3) (16.4) (54.6) 24.4 (9.5) 95.7 (28.2) (27.0) 17.4
Investing Activities
Capital Expenditure (0.1) (0.2) (0.1) (0.1) (0.0) (0.0) (0.0) (0.0) 0 0 0 0 0 0 0 0 (0.1) 0 0 0 (0.1) (0.3) (0.0) (0.0) 0 (0.2) (2.5) (2.0) (1.9) (0.8) (0.3) (0.2) (0.3) (0.5) (0.6) (0.1) (0.4) (0.0) (1.3) (1.2) (0.1)
Acquisitions 0 0.2 0 0 0.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6.1 0 0 0.3 1.6 0 0 0.4 2.7 0 0 0.1
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (50.0) 0 0 0 0 0 0 (51.8) (51.0) (72.9) (48.6) (65.0) (88.1) (61.2) (116.4) (14.9) (13.5) (18.5) (100.2)
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 20 20 60 0 0 0.2 22.5 26.9 56.0 112.4 63.2 62.3 69.5 61.3 57.1 43.8 29.6 24.5 37.2 60.3 49.6 15.3
Other Investing Activities 0 (7.9) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.1 (50.0) 0 22.5 26.9 56.0 112.4 11.4 11.3 (3.4) (0.3) (1.6) (44.4) (31.5) (0.4) (2.7) 46.8 31.0 (0.1)
Investing Cash Flow (0.1) (7.9) (0.1) (0.1) 0.2 (0.0) (0.0) (0.0) 0 0 0 0 0 0 0 0 (0.1) 0 0 20 19.9 59.7 (49.9) (50.0) 0.2 22.3 24.4 54.0 110.5 16.7 11.0 (3.6) 12.4 (8.3) (45.0) (31.7) (92.3) 22.3 45.6 29.8 (85.0)
Financing Activities
Net Debt Issuance (1.1) (4.9) 0 0 9.5 (1.3) 0 7.6 0.3 (8) 0 (8) (16) 0 (33) 0 0 0 0 0 44.8 20.0 0 0 0 0 0 0 (15) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0)
Stock Repurchased 0 0 0 0 (0.1) 0 0 0 (0.8) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.4) 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 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities 0 0 1.0 0 0.5 1.3 (0.5) 0 0.1 0.0 0 0 0 0 0 0.1 40 0 0 0 0 0 0.4 0.4 0.4 77.7 0 0.2 0.4 0.1 0.1 0.2 0.2 0.2 0.9 0.1 0.1 (0.0) 0.0 0.1 0.0
Financing Cash Flow (0.9) (4.8) 1.1 1.7 74.9 22.3 1.2 7.6 18.5 (1.3) 0.1 (8) (16.0) (0.0) (32.9) (0.0) 47.5 5.4 16.5 37.4 74.5 30.5 1.1 142.8 57.3 94.4 0.2 8.8 (14.4) 0.1 0.4 0.2 95.9 5.2 63.8 45.5 1.7 3.5 2.3 (0.1) 61.2
Cash Position
Net Change in Cash (22.2) 18.4 29.1 23.9 61.5 17.9 (5.5) (2.5) (1.0) (3.6) (7.1) (4.4) (33.5) (54.7) 0.9 (30.7) 25.8 (57.4) (39.8) (5.8) 23.7 59.4 (76.1) 130.0 (32.0) 24.6 35.6 24.5 (41.9) (56.9) (1.1) 5.6 88.0 (19.4) (35.8) 38.1 (100.1) 121.5 19.7 2.7 (6.3)
Cash at Beginning 186.5 168.1 139.0 113.4 53.5 34.0 41.2 42.0 44.6 48.2 55.3 59.7 93.2 147.8 147.0 177.7 151.8 209.2 249.0 254.8 229.1 169.7 247.8 117.8 149.8 125.2 89.7 65.2 107.1 164.0 165.1 159.5 71.4 89.6 125.4 87.2 187.3 65.8 46.2 43.4 49.8
Cash at End 164.3 186.5 168.1 137.3 115.1 51.9 35.7 39.5 43.6 44.6 48.2 55.3 59.7 93.2 147.8 147.0 177.7 151.8 209.2 249.0 252.8 229.1 171.7 247.8 117.8 149.8 125.2 89.7 65.2 107.1 164.0 165.1 159.5 70.2 89.6 125.4 87.2 187.3 65.8 46.2 43.4
Free Cash Flow (21.2) 31.0 28.0 22.2 (13.6) (4.5) (6.7) (10.1) (19.4) (2.3) (7.2) 3.6 (17.5) (54.7) 33.8 (30.7) (21.7) (62.8) (56.3) (63.1) (70.8) (31.1) (27.3) 37.2 (89.6) (92.4) 8.5 (40.3) (139.9) (74.5) (12.8) 8.8 (20.6) (16.8) (55.2) 24.2 (10.0) 95.6 (29.5) (28.2) 17.3
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 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4
Income Statement
Revenue 53.5 57.6 58.8 62.5 57.3 46.5 37.4 43.6 32.6 56.2 42.0 56.4 40.0 55.2 48.7 126.4 61.7 57.7 48.8 52.9 52.3 56.7 60.0 90.1 88.5 69.6 92.0 100.8 72.7 59.9 53.2 48.8 45.9 87.3 41.3 28.5 20.9 1.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Gross Profit 40.9 45.4 49.1 52.6 49.7 26.1 23.3 35.4 29.9 37.5 24.0 39.1 19.8 58.3 10.4 107.8 30.4 26.0 32.8 0.4 17.7 29.9 29.6 (84.5) 60.8 59.5 53.7 63.1 41.4 52.2 (17.5) (23.1) (15.5) 18.9 (17.4) (15.2) (39.2) (31.9) (31.2) (30.9) (20.2) (43.0) 0 0 0 0 0 0 0 0 0 0 0 0
Operating Income (4.7) (8.6) 4.4 14.1 13.5 (14.3) (12.5) (8.7) (14.9) 1.4 (13.0) (9.0) (25.6) (6.3) (50.4) 34.1 (58.5) (65.3) (54.9) (79.3) (64.9) (85.4) (58.1) (173.8) (59.1) (94.9) (55.9) (59.5) (76.0) (90.1) (27.8) (35.7) (24.5) 11.4 (24.2) (22.1) (45.0) (38.0) (36.2) (36.2) (26.0) (20.1) (19.7) (10.9) (10.9) (10.6) (9.6) (7.8) (9.9) (6.2) (4.0) (3.1) (2.6) (1.9)
Net Income (9.1) (12.2) 0.5 0.2 6.1 (22.8) (20.0) (8.6) (18.0) 0.6 (14.5) (11.2) (26.9) (7.6) (54.1) 29.4 (62.4) (69.9) (59.5) (83.0) (69.6) (87) (60.0) (175.8) (60.7) (94.5) (54.6) (58.2) (72.4) (88.4) (26.0) (34.1) (23.4) 12.3 (23.1) (21.5) (44.5) (37.9) (36.3) (35.8) (25.8) (19.9) (19.5) (10.7) (10.7) (10.4) (9.3) (7.6) (9.7) (5.9) (3.8) (2.8) (0.6) (3.3)
EPS (Diluted) -0.03 -0.05 0.00 0.00 0.03 -0.10 -0.10 -0.04 -0.09 0.00 -0.08 -0.06 -0.09 -0.05 -0.29 0.15 -0.35 -0.40 -0.34 -0.51 -0.45 -0.60 -0.42 -1.28 -0.47 -0.79 -0.46 -0.49 -0.62 -0.76 -0.46 -0.60 -0.48 0.25 -0.49 -0.53 -1.15 -0.98 -0.96 -0.95 -0.70 -0.54 -0.68 -0.40 -0.53 -0.52 -0.47 -0.39 -0.65 -0.40 -0.37 -0.28 -0.06 -0.07
Balance Sheet
Cash & Equivalents 162.6 184.8 166.4 137.3 113.4 51.9 34.0 39.5 42.0 42.9 46.5 53.6 57.0 90.5 144.8 143.9 174.6 149.8 207.2 247.0 252.8 229.1 169.3 245.4 115.8 147.7 122.9 87.2 62.7 104.6 162.4 163.5 158.2 70.2 89.6 125.4 87.2 187.3 65.8 46.2 43.4
Total Assets 362.5 376.6 364.2 345.6 310.2 220.7 207.1 220.2 225.5 241.7 235.0 253.7 276.9 356.1 435.9 521.8 535.4 529.3 602.3 611.9 628.7 644.1 676.1 745.2 787.7 771.2 795.2 823.5 890.8 996.5 403.8 413.8 442.7 364.2 338.6 336.8 259.3 300.2 169.1 195.6 221.4
Total Debt 12.5 51.8 52.6 53.4 54.1 188.7 50.8 104.6 42.9 48.1 113.8 115.3 139.9 99.8 100.9 134.3 135.2 136.0 123.2 124.2 125.2 126.3 105.4 106.4 107.4 108.3 33.7 34.8 36.0 15 0 0 0 0 0.0 0.0 0.0 0 0.0 0.0 0.0
Stockholders' Equity 27.4 32.6 41.6 29.2 24.6 (49.2) (50.4) (33.8) (27.3) (30.6) (39.4) (26.8) (14.4) 5.2 13.9 62.3 26.1 74.0 137.2 174.6 213.9 247.6 318.0 370.3 396.4 394.8 467.6 519.4 566.4 635.9 142.5 165.9 197.1 119.3 99.9 57.0 30.6 68.1 100.7 133.3 167.8
Cash Flow
Operating Cash Flow (21.2) 31.1 28.1 22.3 (13.6) (4.5) (6.7) (10.1) (19.4) (2.3) (7.2) 3.6 (17.5) (54.7) 33.8 (30.7) (21.6) (62.8) (56.3) (63.1) (70.7) (30.8) (27.2) 37.2 (89.6) (92.1) 11.0 (38.4) (137.9) (73.7) (12.5) 9.0 (20.3) (16.4) (54.6) 24.4 (9.5) 95.7 (28.2) (27.0) 17.4
Capital Expenditure (0.1) (0.2) (0.1) (0.1) (0.0) (0.0) (0.0) (0.0) 0 0 0 0 0 0 0 0 (0.1) 0 0 0 (0.1) (0.3) (0.0) (0.0) 0 (0.2) (2.5) (2.0) (1.9) (0.8) (0.3) (0.2) (0.3) (0.5) (0.6) (0.1) (0.4) (0.0) (1.3) (1.2) (0.1)
Free Cash Flow (21.2) 31.0 28.0 22.2 (13.6) (4.5) (6.7) (10.1) (19.4) (2.3) (7.2) 3.6 (17.5) (54.7) 33.8 (30.7) (21.7) (62.8) (56.3) (63.1) (70.8) (31.1) (27.3) 37.2 (89.6) (92.4) 8.5 (40.3) (139.9) (74.5) (12.8) 8.8 (20.6) (16.8) (55.2) 24.2 (10.0) 95.6 (29.5) (28.2) 17.3