AKRO - Akero Therapeutics, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$48.40
DETAILS
HIGH:
$56.00
LOW:
$38.00
MEDIAN:
$54.00
CONSENSUS:
$48.40
DOWNSIDE:
11.44%
| Metric | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 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 | ||||||||||||||||||||||||||||||||
| R&D Expenses | 78.9 | 69.3 | 69.6 | 69.3 | 72.2 | 55.3 | 50.6 | 53.4 | 38.6 | 28.0 | 21.8 | 18.3 | 25.1 | 21.4 | 20.5 | 27.7 | 19.5 | 24.0 | 10.6 | 25.7 | 17.4 | 13.0 | 8.8 | 13.1 | 13.9 | 6.0 | 4.1 | 2.0 | 1.3 | 8.4 | 0.2 | 0.7 |
| SG&A Expenses | 11.4 | 11.6 | 11.3 | 8.7 | 9.5 | 10.4 | 9.3 | 8.5 | 8.0 | 7.6 | 7.0 | 7.1 | 11.0 | 6.2 | 5.5 | 4.7 | 4.9 | 5.0 | 4.5 | 4.1 | 4.2 | 3.4 | 3.6 | 3.1 | 2.4 | 1.6 | 1.4 | 1.0 | 0.5 | 0.2 | 0.2 | 0.3 |
| 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 |
| Operating Expenses | 90.2 | 80.9 | 80.9 | 78.0 | 81.7 | 65.7 | 60.0 | 61.9 | 46.6 | 35.6 | 28.8 | 25.4 | 36.1 | 27.6 | 26.1 | 32.4 | 24.4 | 29.0 | 15.1 | 29.8 | 21.5 | 16.5 | 12.4 | 16.2 | 16.3 | 7.6 | 5.5 | 3.0 | 1.7 | 8.7 | 0.4 | 1.0 |
| Operating Income | ||||||||||||||||||||||||||||||||
| Operating Income | (90.2) | (80.9) | (80.9) | (78.0) | (81.7) | (65.7) | (60.0) | (61.9) | (46.6) | (35.6) | (28.8) | (25.4) | (36.1) | (27.6) | (26.1) | (32.4) | (24.4) | (29.0) | (15.1) | (29.8) | (21.5) | (16.5) | (12.4) | (16.2) | (16.3) | (7.6) | (5.5) | (3.0) | (1.7) | (8.7) | (0.4) | (1.0) |
| Interest Expense | 1.1 | 1.2 | 1.2 | 1.2 | 1.2 | 1.2 | 1.0 | 0.9 | 0.9 | 0.9 | 0.5 | 0.4 | 0.3 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 11.5 | 11.3 | 9.2 | 10.2 | 11.0 | 7.6 | 7.6 | 7.8 | 5.4 | 3.4 | 0 | 0 | 0.2 | 0.0 | 0 | 0 | 0 | 0.0 | 0 | 0.1 | 0.2 | 0.5 | 0 | 0.8 | 0.4 | 0.2 | 0 | 0 | 0 | 0 | 0 |
| Profitability | ||||||||||||||||||||||||||||||||
| EBITDA | (80.5) | (69.3) | (69.6) | (68.8) | (71.5) | (54.8) | (52.4) | (54.3) | (38.8) | (30.2) | (25.4) | (22.7) | (35.2) | (27.3) | (26.0) | (32.4) | (24.3) | (28.9) | (15.1) | (29.8) | (21.5) | (15.1) | (11.1) | (16.2) | (16.3) | (7.6) | 0.1 | (3.0) | (11.1) | (0.1) | (0.4) | (0.1) |
| EBIT | (80.5) | (69.3) | (69.6) | (68.8) | (71.5) | (54.8) | (52.4) | (54.3) | (38.8) | (30.2) | (25.4) | (22.7) | (35.2) | (27.4) | (26.0) | (32.4) | (24.3) | (28.9) | (15.1) | (29.8) | (21.5) | (16.5) | (12.4) | (16.2) | (16.3) | (7.6) | (5.5) | (3.0) | (1.7) | (8.7) | (0.4) | (0.5) |
| Income Before Tax | (81.6) | (70.5) | (70.7) | (70.0) | (72.7) | (56.0) | (53.3) | (55.2) | (39.7) | (31.1) | (25.8) | (23.1) | (35.5) | (27.4) | (26.0) | (32.4) | (24.3) | (28.9) | (15.1) | (29.7) | (21.4) | (16.2) | (11.9) | (15.6) | (15.6) | (7.2) | (5.4) | (61.5) | (11.1) | (8.7) | (0.4) | (1.0) |
| Income Tax Expense | 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 |
| Net Income | (81.6) | (70.5) | (70.7) | (70.0) | (72.7) | (56.0) | (53.3) | (55.2) | (39.7) | (31.1) | (25.8) | (23.1) | (35.5) | (27.4) | (26.0) | (32.4) | (24.3) | (28.9) | (15.1) | (29.7) | (21.4) | (16.2) | (11.9) | (15.6) | (15.6) | (7.2) | (5.4) | (61.5) | (11.1) | (8.7) | (0.4) | (1.0) |
| Per Share Data | ||||||||||||||||||||||||||||||||
| EPS (Basic) | -0.99 | -0.86 | -0.90 | -0.99 | -1.05 | -0.81 | -0.90 | -0.99 | -0.71 | -0.60 | -0.50 | -0.44 | -0.91 | -0.77 | -0.74 | -0.93 | -0.70 | -0.83 | -0.43 | -0.86 | -0.63 | -0.57 | -0.42 | -0.55 | -0.56 | -0.27 | -0.20 | -2.90 | -0.53 | -0.41 | -0.02 | -0.04 |
| EPS (Diluted) | -0.99 | -0.86 | -0.90 | -0.99 | -1.05 | -0.81 | -0.90 | -0.99 | -0.71 | -0.60 | -0.50 | -0.44 | -0.91 | -0.77 | -0.74 | -0.93 | -0.70 | -0.83 | -0.43 | -0.86 | -0.63 | -0.57 | -0.42 | -0.55 | -0.56 | -0.27 | -0.20 | -2.90 | -0.53 | -0.41 | -0.02 | -0.04 |
| Shares Outstanding | 82.0 | 81.7 | 78.7 | 70.6 | 69.4 | 69.2 | 59.3 | 55.7 | 55.6 | 51.9 | 46.9 | 46.8 | 38.7 | 35.4 | 35.0 | 34.9 | 34.9 | 34.8 | 34.7 | 34.7 | 34.0 | 28.6 | 28.5 | 28.3 | 28.0 | 27.2 | 26.3 | 21.2 | 21.2 | 21.2 | 21.2 | 24.9 |
| Metric | 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 Q1 | 2017 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 176.0 | 220.4 | 185.9 | 340.2 | 316.1 | 310.4 | 623.9 | 234.2 | 269.5 | 444.2 | 257.9 | 249.8 | 374.0 | 177.7 | 150.5 | 150.5 | 164.9 | 157.5 | 188.0 | 187.2 | 192.7 | 63.2 | 47.2 | 64.8 | 147.8 | 162.7 | 69.8 | 76.0 | 7.8 | (0.6) | 0.6 |
| Short-Term Investments | 561.8 | 521.9 | 500.4 | 402.8 | 401.2 | 449.8 | 279.8 | 315.8 | 285.2 | 195.3 | 85.3 | 101.7 | 0 | 3.0 | 14.9 | 37.8 | 50.1 | 72.5 | 62.0 | 81.1 | 99.2 | 39.6 | 78.0 | 71.6 | 0 | 0 | 0 | 0 | 0 | 1.2 | 0 |
| Net Receivables | 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 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 16.7 | 22.3 | 26.9 | 27.3 | 29.6 | 15.8 | 7.6 | 10.0 | 21.2 | 3.8 | 4.3 | 3.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.0 | 0 | 0 | 2.2 | 0.5 | 0.9 | 1.2 | 0.6 | 0 | 0.0 |
| Total Current Assets | 754.5 | 764.6 | 713.2 | 770.4 | 746.9 | 776.0 | 911.3 | 560.0 | 576.0 | 643.2 | 347.5 | 355.2 | 377.9 | 184.1 | 167.9 | 193.6 | 221.8 | 236.2 | 255.8 | 271.3 | 298.0 | 113.2 | 126.2 | 138.0 | 150.1 | 163.1 | 70.7 | 77.1 | 8.4 | 0.6 | 0.6 |
| Non-Current Assets | |||||||||||||||||||||||||||||||
| Property, Plant & Equipment | 0.6 | 0.6 | 0.7 | 0.8 | 0.8 | 0.9 | 1.0 | 1.0 | 1.1 | 1.2 | 1.2 | 1.3 | 1.4 | 1.4 | 1.5 | 1.5 | 1.6 | 1.7 | 1.7 | 1.8 | 1.8 | 0 | 0.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 |
| Intangible Assets | 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 |
| Long-Term Investments | 250.5 | 343.9 | 442.0 | 54.8 | 69.8 | 88.1 | 0 | 19.3 | 58.3 | 19.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.5 | 0.4 | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.9 | 0.2 | 0.1 | 0.1 | 0.1 | 1.4 | 0.0 | 0.0 | (0.6) | 0.0 |
| Total Non-Current Assets | 251.0 | 344.6 | 442.7 | 55.5 | 70.7 | 89.0 | 1.0 | 20.3 | 59.4 | 20.6 | 1.3 | 1.4 | 1.5 | 1.5 | 2.0 | 2.0 | 1.7 | 1.8 | 1.8 | 2.0 | 2.0 | 0.9 | 0.4 | 0.1 | 0.1 | 0.1 | 1.4 | 0.0 | 0.0 | (0.6) | 0.0 |
| Total Assets | 1,005.6 | 1,109.2 | 1,155.8 | 825.9 | 817.5 | 865.0 | 912.2 | 580.3 | 635.3 | 663.8 | 348.8 | 356.6 | 379.4 | 185.7 | 169.9 | 195.5 | 223.5 | 238.0 | 257.6 | 273.3 | 300.0 | 114.1 | 126.6 | 138.1 | 150.1 | 163.2 | 72.1 | 77.2 | 8.5 | 0 | 0.7 |
| Current Liabilities | |||||||||||||||||||||||||||||||
| Account Payables | 20.4 | 13.2 | 10.8 | 9.0 | 25.2 | 14.6 | 13.8 | 7.0 | 11.5 | 10.1 | 7.1 | 8.0 | 6.0 | 6.9 | 4.5 | 6.7 | 6.8 | 2.3 | 4.6 | 3.4 | 4.6 | 2.5 | 1.5 | 0.9 | 0.1 | 3.2 | 1.0 | 1.4 | 0 | 0 | 0.1 |
| Short-Term Debt | 0.9 | 13.5 | 6.7 | 0 | 0 | 0 | 0 | 0 | 2.1 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 21.4 | 3.7 | 2.8 | 1.2 | 4.4 | 3.1 | 2.2 | 1.3 | 0 | 2.4 | 7.4 | 10.0 | 0.1 | 1.9 | 1.5 | 0.6 | 2.2 | 1.6 | 1.0 | 0.5 | 1.4 | 0.7 | 0.9 | 1.6 | 5.7 | 0.9 | 1.3 | 0.7 | 0.5 | 0 | 0.2 |
| Total Current Liabilities | 47.7 | 60.4 | 42.4 | 39.8 | 43.3 | 31.2 | 30.3 | 19.1 | 28.4 | 21.6 | 16.7 | 19.1 | 25.2 | 26.7 | 22.1 | 25.1 | 23.5 | 16.5 | 10.1 | 13.1 | 12.0 | 10.4 | 8.3 | 9.4 | 6.7 | 4.7 | 2.4 | 2.3 | 1.0 | 0 | 0.2 |
| Non-Current Liabilities | |||||||||||||||||||||||||||||||
| Long-Term Debt | 0 | 22.2 | 28.8 | 35.3 | 35.1 | 35.0 | 34.8 | 25.0 | 22.8 | 24.7 | 24.6 | 9.5 | 9.4 | 9.4 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0.4 | 0.3 | 0.2 | 0.2 | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 | 0.2 | 0.3 | 0.1 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0 | 124.7 | 0 | 0 | 0 |
| Total Non-Current Liabilities | 0.3 | 22.9 | 29.6 | 36.0 | 35.9 | 35.8 | 35.7 | 25.8 | 23.7 | 25.8 | 25.8 | 10.9 | 10.7 | 10.6 | 1.3 | 1.3 | 1.4 | 1.4 | 1.5 | 1.5 | 1.6 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 1.0 | 124.7 | 0 | 0 | 0 |
| Total Liabilities | 47.9 | 83.3 | 72.0 | 75.8 | 79.2 | 67.0 | 66.0 | 45.0 | 52.2 | 47.4 | 42.5 | 30.0 | 35.9 | 37.3 | 23.4 | 26.4 | 24.9 | 17.9 | 11.6 | 14.6 | 13.6 | 10.4 | 8.3 | 9.4 | 6.8 | 4.8 | 2.4 | 127.1 | 1.0 | 0 | 0.2 |
| 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 |
| Retained Earnings | (1,049.0) | (967.4) | (896.9) | (826.2) | (756.1) | (683.4) | (627.4) | (574.1) | (518.9) | (479.3) | (448.2) | (422.3) | (399.3) | (363.7) | (336.3) | (310.3) | (277.9) | (253.6) | (224.6) | (209.5) | (179.8) | (158.4) | (142.2) | (130.3) | (114.7) | (99.2) | (91.9) | (86.6) | (25.1) | 0 | (4.6) |
| Accumulated Other Comprehensive Income | 1.8 | 1.0 | 1.1 | 0.9 | 2.1 | (0.3) | (0.1) | 0.3 | (0.5) | (0.3) | 0.0 | 0.0 | 0 | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | 0.0 | 0.1 | 0.0 | (0.0) | (150.1) | (163.2) | 0 | 0 | 0 | (4.6) | 0 |
| Total Stockholders' Equity | 957.6 | 1,025.8 | 1,083.8 | 750.1 | 738.3 | 798.1 | 846.3 | 535.3 | 583.1 | 616.4 | 306.3 | 326.6 | 343.5 | 148.4 | 146.5 | 169.1 | 198.6 | 220.1 | 246.0 | 258.7 | 286.5 | 103.7 | 118.3 | 128.7 | 143.4 | 158.4 | 69.7 | (49.9) | 4.8 | 0.4 | 0.4 |
| Total Liabilities & Equity | 1,005.6 | 1,109.2 | 1,155.8 | 825.9 | 817.5 | 865.0 | 912.2 | 580.3 | 635.3 | 663.8 | 348.8 | 356.6 | 379.4 | 185.7 | 169.9 | 195.5 | 223.5 | 238.0 | 257.6 | 273.3 | 300.0 | 114.1 | 126.6 | 138.1 | 150.1 | 163.2 | 72.1 | 77.2 | 5.8 | 0.4 | 0.7 |
| Debt Metrics | |||||||||||||||||||||||||||||||
| Total Debt | 1.2 | 37.2 | 36.6 | 36.5 | 36.4 | 36.3 | 36.2 | 26.3 | 26.2 | 26.2 | 26.0 | 10.9 | 10.8 | 10.8 | 1.5 | 1.5 | 1.6 | 1.6 | 1.8 | 1.8 | 1.9 | 0 | 0.2 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Debt | (174.9) | (183.3) | (149.4) | (303.8) | (279.7) | (274.1) | (587.7) | (207.9) | (243.3) | (418.0) | (231.8) | (238.8) | (363.2) | (166.9) | (149.0) | (149.0) | (163.4) | (155.9) | (186.2) | (185.4) | (190.8) | (63.2) | (47.0) | (64.7) | (147.8) | (162.7) | (69.8) | (76.0) | (7.8) | 0.6 | (0.6) |
| Metric | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||||||||
| Net Income | (81.6) | (70.5) | (70.7) | (70.0) | (72.7) | (56.0) | (53.3) | (55.2) | (39.7) | (31.1) | (25.8) | (23.1) | (35.5) | (27.4) | (26.0) | (32.4) | (24.3) | (28.9) | (15.1) | (29.7) | (21.4) | (16.2) | (11.9) | (15.6) | (15.6) | (7.2) | (5.4) | (61.5) | (11.1) | (8.7) | (0.4) | (1.0) |
| Depreciation & Amortization | 0 | (2.7) | (2.3) | 0.0 | (10.1) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock-Based Compensation | 9.3 | 9.1 | 8.8 | 7.2 | 7.5 | 7.7 | 7.4 | 6.1 | 5.7 | 4.8 | 0 | 0 | 11.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.3 | 0 | 0.7 | 0.5 | 0.4 | 0.2 | 0.1 | 0.0 | 0 | 0 | 0 |
| Change in Working Capital | 6.2 | 15.7 | (3.6) | (1.4) | (6.2) | (6.9) | 13.1 | 3.9 | (12.7) | 5.2 | (3.0) | (6.7) | (1.0) | 3.6 | (0.3) | 2.5 | 6.8 | 6.2 | (5.8) | 4.2 | 6.3 | (7.8) | (0.6) | 3.4 | 1.9 | 1.5 | (0.3) | 0.8 | (0.3) | 0.4 | 0.1 | 0.1 |
| Other Non-Cash Items | (1.1) | 0.2 | 0.2 | (2.9) | 11.1 | (2.2) | (2.3) | (8.2) | 0.2 | (1.3) | 4.2 | 4.2 | 0.2 | 4.2 | 3.4 | 3.1 | 2.9 | 2.6 | 2.5 | 2.0 | 1.6 | 0.1 | 1.1 | (0.1) | (1.6) | 0.9 | (0.6) | 58.5 | 9.4 | 8.0 | 0 | (0.2) |
| Operating Cash Flow | (67.2) | (48.2) | (67.7) | (67.1) | (70.4) | (57.5) | (35.1) | (48.6) | (49.7) | (22.4) | (24.6) | (25.5) | (24.6) | (19.5) | (22.9) | (26.7) | (14.6) | (20.0) | (18.3) | (23.4) | (13.5) | (22.6) | (11.3) | (11.6) | (13.2) | (5.3) | (5.4) | (2.1) | (2.0) | (0.3) | (0.3) | (1.1) |
| Investing Activities | ||||||||||||||||||||||||||||||||
| Capital Expenditure | 0 | 0 | 0 | 0 | 0 | (1.0) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.0) | (0.1) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (73.5) | (75.7) | (583.3) | (79.7) | (57.9) | (339.4) | (39.0) | (58.2) | (161.2) | (188.8) | (24.9) | (101.4) | 0 | 0 | 0 | 0 | (11.9) | (31.7) | 0 | (9.0) | (81.3) | 0 | (24.8) | (71.5) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 130.3 | 155.0 | 101.1 | 95 | 131 | 84.5 | 96.8 | 71 | 35.5 | 60.5 | 42.5 | 0.0 | 3 | 11.9 | 22.8 | 12 | 33.8 | 21 | 19 | 26.9 | 21.6 | 38.5 | 18.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 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 | (5) | 0 | 0 |
| Investing Cash Flow | 56.8 | 79.3 | (482.2) | 15.3 | 73.1 | (255.9) | 57.8 | 12.8 | (125.7) | (128.3) | 17.6 | (101.4) | 3 | 11.9 | 22.8 | 12 | 21.9 | (10.7) | 19 | 17.9 | (59.8) | 38.5 | (6.3) | (71.5) | 0 | 0 | 0 | 0 | 0 | (5) | 0 | 0 |
| Financing Activities | ||||||||||||||||||||||||||||||||
| Net Debt Issuance | (37.4) | 0 | 0 | 0 | 0 | 0 | 10 | 0 | 0 | 0 | 15.0 | (0.3) | 0 | 9.7 | 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 | 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 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (336.9) | 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 | 3.4 | 0 | 0 | 8.4 | 0 | 0 | 1.5 | 336.9 | 0 | 1.4 | 0 | 0 | 1.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0.1 | 0.1 | 0 | 0.0 | 98.2 | (0.7) | (0.5) | 0 | 14.8 | 0 | 1.5 |
| Financing Cash Flow | (34.0) | 3.4 | 395.5 | 76.0 | 3.1 | (0.1) | 366.9 | 0.5 | 0.8 | 336.9 | 15.2 | 2.7 | 217.9 | 34.9 | 0.1 | 0.2 | 0.1 | 0.3 | 0.0 | 0.1 | 202.8 | 0.1 | 0.2 | 0.1 | (1.6) | 98.2 | (0.7) | 70.2 | 0 | 14.8 | 0 | 1.5 |
| Cash Position | ||||||||||||||||||||||||||||||||
| Net Change in Cash | (44.4) | 34.5 | (154.3) | 24.2 | 5.7 | (313.5) | 389.6 | (35.3) | (174.6) | 186.2 | 8.1 | (124.2) | 196.3 | 27.2 | 0.0 | (14.5) | 7.4 | (30.4) | 0.7 | (5.4) | 129.4 | 16.0 | (17.5) | (83.0) | (14.8) | 92.9 | (6.2) | 68.1 | (2.0) | 9.5 | (0.3) | 0.4 |
| Cash at Beginning | 220.4 | 185.9 | 340.2 | 316.1 | 310.4 | 623.9 | 234.2 | 269.5 | 444.2 | 258.0 | 249.8 | 374.0 | 177.8 | 150.5 | 150.5 | 164.9 | 157.5 | 188.0 | 187.2 | 192.7 | 63.2 | 47.4 | 64.8 | 147.8 | 162.7 | 69.8 | 76 | 7.9 | 9.8 | 0.3 | 0.6 | 0 |
| Cash at End | 176.0 | 220.4 | 185.9 | 340.2 | 316.1 | 310.4 | 623.9 | 234.2 | 269.5 | 444.2 | 257.9 | 249.8 | 374.1 | 177.7 | 150.5 | 150.5 | 164.9 | 157.5 | 188.0 | 187.2 | 192.7 | 63.4 | 47.2 | 64.8 | 147.9 | 162.7 | 69.8 | 76 | 7.9 | 9.8 | 0.3 | 0.4 |
| Free Cash Flow | (67.2) | (48.2) | (67.7) | (67.1) | (70.4) | (58.5) | (35.1) | (48.6) | (49.7) | (22.4) | (24.6) | (25.5) | (24.6) | (19.5) | (22.9) | (26.7) | (14.6) | (20.0) | (18.3) | (23.4) | (13.7) | (22.6) | (11.3) | (11.6) | (13.2) | (5.3) | (5.4) | (2.1) | (2.0) | (0.3) | (0.3) | (1.1) |
| Key Metrics | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||||||||||||||||||
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 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 Income | (90.2) | (80.9) | (80.9) | (78.0) | (81.7) | (65.7) | (60.0) | (61.9) | (46.6) | (35.6) | (28.8) | (25.4) | (36.1) | (27.6) | (26.1) | (32.4) | (24.4) | (29.0) | (15.1) | (29.8) | (21.5) | (16.5) | (12.4) | (16.2) | (16.3) | (7.6) | (5.5) | (3.0) | (1.7) | (8.7) | (0.4) | (1.0) |
| Net Income | (81.6) | (70.5) | (70.7) | (70.0) | (72.7) | (56.0) | (53.3) | (55.2) | (39.7) | (31.1) | (25.8) | (23.1) | (35.5) | (27.4) | (26.0) | (32.4) | (24.3) | (28.9) | (15.1) | (29.7) | (21.4) | (16.2) | (11.9) | (15.6) | (15.6) | (7.2) | (5.4) | (61.5) | (11.1) | (8.7) | (0.4) | (1.0) |
| EPS (Diluted) | -0.99 | -0.86 | -0.90 | -0.99 | -1.05 | -0.81 | -0.90 | -0.99 | -0.71 | -0.60 | -0.50 | -0.44 | -0.91 | -0.77 | -0.74 | -0.93 | -0.70 | -0.83 | -0.43 | -0.86 | -0.63 | -0.57 | -0.42 | -0.55 | -0.56 | -0.27 | -0.20 | -2.90 | -0.53 | -0.41 | -0.02 | -0.04 |
| Balance Sheet | ||||||||||||||||||||||||||||||||
| Cash & Equivalents | 176.0 | 220.4 | 185.9 | 340.2 | 316.1 | 310.4 | 623.9 | 234.2 | 269.5 | 444.2 | 257.9 | 249.8 | 374.0 | 177.7 | 150.5 | 150.5 | 164.9 | 157.5 | 188.0 | 187.2 | 192.7 | 63.2 | 47.2 | 64.8 | 147.8 | 162.7 | 69.8 | 76.0 | 7.8 | (0.6) | 0.6 | |
| Total Assets | 1,005.6 | 1,109.2 | 1,155.8 | 825.9 | 817.5 | 865.0 | 912.2 | 580.3 | 635.3 | 663.8 | 348.8 | 356.6 | 379.4 | 185.7 | 169.9 | 195.5 | 223.5 | 238.0 | 257.6 | 273.3 | 300.0 | 114.1 | 126.6 | 138.1 | 150.1 | 163.2 | 72.1 | 77.2 | 8.5 | 0 | 0.7 | |
| Total Debt | 1.2 | 37.2 | 36.6 | 36.5 | 36.4 | 36.3 | 36.2 | 26.3 | 26.2 | 26.2 | 26.0 | 10.9 | 10.8 | 10.8 | 1.5 | 1.5 | 1.6 | 1.6 | 1.8 | 1.8 | 1.9 | 0 | 0.2 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Stockholders' Equity | 957.6 | 1,025.8 | 1,083.8 | 750.1 | 738.3 | 798.1 | 846.3 | 535.3 | 583.1 | 616.4 | 306.3 | 326.6 | 343.5 | 148.4 | 146.5 | 169.1 | 198.6 | 220.1 | 246.0 | 258.7 | 286.5 | 103.7 | 118.3 | 128.7 | 143.4 | 158.4 | 69.7 | (49.9) | 4.8 | 0.4 | 0.4 | |
| Cash Flow | ||||||||||||||||||||||||||||||||
| Operating Cash Flow | (67.2) | (48.2) | (67.7) | (67.1) | (70.4) | (57.5) | (35.1) | (48.6) | (49.7) | (22.4) | (24.6) | (25.5) | (24.6) | (19.5) | (22.9) | (26.7) | (14.6) | (20.0) | (18.3) | (23.4) | (13.5) | (22.6) | (11.3) | (11.6) | (13.2) | (5.3) | (5.4) | (2.1) | (2.0) | (0.3) | (0.3) | (1.1) |
| Capital Expenditure | 0 | 0 | 0 | 0 | 0 | (1.0) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.0) | (0.1) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | (67.2) | (48.2) | (67.7) | (67.1) | (70.4) | (58.5) | (35.1) | (48.6) | (49.7) | (22.4) | (24.6) | (25.5) | (24.6) | (19.5) | (22.9) | (26.7) | (14.6) | (20.0) | (18.3) | (23.4) | (13.7) | (22.6) | (11.3) | (11.6) | (13.2) | (5.3) | (5.4) | (2.1) | (2.0) | (0.3) | (0.3) | (1.1) |