ALEC - Alector, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$2.00
DETAILS
HIGH:
$2.00
LOW:
$2.00
MEDIAN:
$2.00
CONSENSUS:
$2.00
DOWNSIDE:
9.50%
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||
| Revenue | 1.0 | 6.2 | 3.3 | 7.9 | 3.7 | 54.2 | 15.3 | 15.1 | 15.9 | 15.2 | 9.1 | 56.2 | 16.5 | 14.4 | 14.9 | 79.9 | 24.5 | 14.0 | 182.4 | 6.6 | 4.1 | 4.9 | 5.9 | 3.2 | 7.2 | 6.0 | 2.7 | 6.9 | 5.6 | 9.1 | 6.5 | 7.1 | 4.9 | 3.1 | 0.2 | 0.3 | 0.3 |
| Cost of Revenue | 2.1 | 0 | 0 | 0 | 0 | 46.5 | 0 | 2.3 | 2.3 | 2.3 | 46.3 | 46.2 | 51.9 | 54.5 | 48.3 | 54.5 | 53.0 | 52.8 | 43.1 | 47.8 | 45.7 | 44.4 | 43.8 | 34.1 | 34.6 | 25.8 | 28.5 | 25.6 | 20.6 | 24.1 | 20.4 | 16.8 | 11.7 | 10.8 | 8.0 | 5.5 | 5.5 |
| Gross Profit | (1.0) | 6.2 | 3.3 | 7.9 | 3.7 | 7.8 | 15.3 | 12.8 | 13.6 | 12.9 | (37.2) | 10.0 | (35.3) | (40.1) | (33.5) | 25.3 | (28.6) | (38.8) | 139.3 | (41.2) | (41.6) | (39.5) | (37.9) | (30.9) | (27.4) | (19.8) | (25.8) | (18.7) | (15.0) | (15.0) | (13.9) | (9.7) | (6.8) | (7.8) | (7.8) | (5.3) | (5.3) |
| Operating Expenses | |||||||||||||||||||||||||||||||||||||
| R&D Expenses | 17.9 | 32.5 | 30.6 | 27.6 | 33.6 | 48.7 | 48.0 | 44.0 | 42.9 | 45.5 | 54.1 | 55.1 | 54.0 | 57.1 | 51.7 | 57.8 | 53.0 | 60.0 | 44.7 | 47.8 | 45.7 | 44.4 | 43.8 | 34.1 | 34.6 | 25.8 | 28.5 | 25.6 | 20.6 | 24.1 | 20.4 | 16.8 | 11.7 | 10.8 | 8.0 | 5.5 | 5.5 |
| SG&A Expenses | 8.1 | 13.3 | 11.5 | 14.4 | 14.7 | 15.0 | 15.8 | 14.4 | 14.4 | 14.9 | 13.4 | 13.6 | 14.8 | 15.4 | 14.3 | 15.8 | 15.6 | 16.9 | 13.0 | 14.1 | 11.0 | 13.2 | 15.8 | 15.7 | 14.6 | 11.4 | 8.3 | 8.4 | 5.8 | 4.1 | 2.9 | 2.5 | 2.4 | 2.0 | 2.3 | 1.1 | 1.1 |
| Other Expenses | (1.8) | 0 | (1.3) | 0 | 0 | (48.7) | 0 | 0 | 0 | 0 | (54.1) | (55.1) | (54.0) | (57.1) | (51.7) | (57.8) | (53.0) | (60.0) | (44.7) | (47.8) | (45.7) | (44.4) | (43.8) | (34.1) | (34.6) | (24.6) | 2.4 | 2.6 | 2.2 | 1.6 | 1.5 | 1.1 | 0.8 | 0.0 | 0 | 0 | 0 |
| Operating Expenses | 24.2 | 45.8 | 40.9 | 42.0 | 48.4 | 15.0 | 63.8 | 58.4 | 57.3 | 60.4 | 13.4 | 13.6 | 14.8 | 15.4 | 14.3 | 15.8 | 15.6 | 16.9 | 13.0 | 14.1 | 11.0 | 13.2 | 15.8 | 15.7 | 14.6 | 12.6 | 36.8 | 34.1 | 26.4 | 28.2 | 23.3 | 19.3 | 14.1 | 12.9 | 2.2 | 1.1 | 1.1 |
| Operating Income | |||||||||||||||||||||||||||||||||||||
| Operating Income | (25.2) | (39.6) | (37.6) | (34.1) | (44.7) | (7.2) | (48.4) | (45.6) | (43.7) | (47.5) | (50.6) | (3.6) | (50.1) | (55.4) | (47.7) | 9.5 | (44.1) | (55.7) | 126.3 | (55.3) | (52.6) | (52.8) | (53.7) | (46.6) | (42.1) | (32.3) | (34.1) | (27.2) | (20.8) | (19.0) | (16.8) | (12.2) | (9.2) | (9.8) | (10.1) | (6.4) | (6.4) |
| Interest 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 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | |||||||||||||||||||||||||||||||||||||
| EBITDA | (23.1) | (37.3) | (33.4) | (30.9) | (42.8) | (5.2) | (46.2) | (43.3) | (41.4) | (45.2) | (49.1) | (2.1) | (48.8) | (54.0) | (46.4) | 10.9 | (42.5) | (54.1) | 127.9 | (53.7) | (51.1) | (51.3) | (52.3) | (45.1) | (40.6) | (29.8) | (32.9) | (27.2) | (20.8) | (18.7) | (16.5) | (12.0) | (9.0) | (9.6) | (9.9) | (6.2) | (6.2) |
| EBIT | (25.2) | (39.6) | (34.7) | (34.1) | (44.7) | (7.2) | (48.4) | (45.6) | (43.7) | (47.5) | (50.6) | (3.6) | (50.1) | (55.4) | (47.7) | 9.5 | (44.1) | (55.7) | 126.3 | (55.3) | (52.6) | (52.8) | (53.7) | (46.6) | (42.1) | (31.2) | (34.1) | (27.2) | (20.8) | (19.0) | (16.8) | (12.2) | (9.2) | (9.8) | (10.1) | (6.4) | (6.4) |
| Income Before Tax | (22.9) | (37.1) | (34.7) | (30.5) | (40.5) | (2.0) | (42.2) | (38.6) | (36.1) | (39.8) | (43.2) | 2.8 | (45.0) | (51.7) | (45.4) | 10.9 | (43.9) | (55.6) | 126.6 | (55.1) | (52.2) | (52.2) | (52.7) | (45.3) | (40.0) | (30.5) | (31.7) | (24.6) | (18.6) | (17.4) | (15.3) | (11.1) | (8.4) | (9.8) | (10.0) | (6.3) | (6.3) |
| Income Tax Expense | 0 | 0.2 | 0 | 0 | 0 | 0.0 | 0 | 0.1 | 0.0 | 1.7 | 1.3 | 1.4 | 0.9 | 0.7 | 0.7 | 1.0 | 0.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.3) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income | (22.9) | (37.3) | (34.7) | (30.5) | (40.5) | (2.1) | (42.2) | (38.7) | (36.1) | (41.4) | (44.5) | 1.4 | (45.9) | (52.4) | (46.1) | 9.9 | (44.6) | (55.6) | 126.6 | (55.1) | (52.2) | (52.2) | (52.7) | (45.3) | (40.0) | (30.5) | (31.7) | (24.6) | (18.6) | (17.4) | (15.3) | (11.1) | (8.4) | (9.8) | (10.0) | (6.3) | (6.3) |
| Per Share Data | |||||||||||||||||||||||||||||||||||||
| EPS (Basic) | -0.21 | -0.34 | -0.34 | -0.30 | -0.41 | -0.02 | -0.44 | -0.40 | -0.38 | -0.49 | -0.53 | 0.02 | -0.55 | -0.63 | -0.56 | 0.12 | -0.54 | -0.68 | 1.56 | -0.69 | -0.66 | -0.67 | -0.67 | -0.58 | -0.53 | -0.45 | -0.47 | -0.36 | -0.27 | -0.25 | -0.30 | -0.22 | -0.16 | -0.19 | -0.34 | -0.75 | -0.75 |
| EPS (Diluted) | -0.21 | -0.34 | -0.34 | -0.30 | -0.41 | -0.02 | -0.44 | -0.40 | -0.38 | -0.49 | -0.53 | 0.02 | -0.55 | -0.63 | -0.56 | 0.12 | -0.54 | -0.68 | 1.49 | -0.69 | -0.66 | -0.66 | -0.67 | -0.58 | -0.53 | -0.45 | -0.47 | -0.36 | -0.27 | -0.25 | -0.30 | -0.22 | -0.16 | -0.19 | -0.34 | -0.75 | -0.75 |
| Shares Outstanding | 110.6 | 103.0 | 102.6 | 100.4 | 99.4 | 98.3 | 96.7 | 96.7 | 93.8 | 84.4 | 83.9 | 83.5 | 83.1 | 82.8 | 82.6 | 82.4 | 82.1 | 81.5 | 81.0 | 79.8 | 79.4 | 78.4 | 78.7 | 78.4 | 74.8 | 67.9 | 67.6 | 67.3 | 67.8 | 68.4 | 51.2 | 51.2 | 51.2 | 51.2 | 29.9 | 8.5 | 8.5 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 77.0 | 65.8 | 76.5 | 44.8 | 38.0 | 33.0 | 37.2 | 47.5 | 72.6 | 74.6 | 102.0 | 131.5 | 195.6 | 154.3 | 184.2 | 172.3 | 454.6 | 329.2 | 516.5 | 125.7 | 110.7 | 50.0 | 85.0 | 92.5 | 160.9 | 89.6 | 87.0 | 69.2 | 61.0 | 65.5 | 41.9 | 48.9 | (32.5) | 32.5 |
| Short-Term Investments | 129.6 | 190.2 | 214.6 | 262.5 | 316.6 | 380.4 | 420.0 | 455.8 | 489.5 | 474.3 | 486.9 | 498.5 | 473.8 | 558.5 | 574.1 | 636.6 | 414.0 | 406.1 | 261.3 | 193.9 | 252.0 | 363.3 | 376.7 | 411.1 | 387.6 | 263.4 | 294.5 | 341.7 | 375.6 | 224.9 | 266.8 | 219.2 | 64.9 | 0 |
| Net Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.8 | 4.7 | 2.6 | 0 | 0 | 0 | 7.4 | 1.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 200.2 |
| 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 | 0 | 0 | 0 |
| Other Current Assets | 8.6 | 10.4 | 0 | 11.9 | 12.1 | 11.4 | 12.2 | 16.4 | 19.3 | 16.9 | 10.5 | 10.1 | 12.0 | 0 | 6.5 | 8.8 | 12.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.0 | 3.7 | 5.5 | 2.8 | 0 | 0 | 0 | 0 |
| Total Current Assets | 215.1 | 266.5 | 300.4 | 319.2 | 366.6 | 424.8 | 469.4 | 519.7 | 581.4 | 565.8 | 613.1 | 648.0 | 686.0 | 726.4 | 775.0 | 827.0 | 890.9 | 749.7 | 788.0 | 329.3 | 374.7 | 421.5 | 470.0 | 510.1 | 556.2 | 357.4 | 385.5 | 414.6 | 442.1 | 293.2 | 312.6 | 270.0 | 32.5 | 233.0 |
| Non-Current Assets | ||||||||||||||||||||||||||||||||||
| Property, Plant & Equipment | 22.6 | 24.6 | 28.6 | 30.9 | 35.3 | 37.1 | 39.0 | 43.4 | 45.2 | 47.1 | 49.2 | 50.6 | 52.1 | 53.3 | 54.8 | 55.3 | 56.1 | 57.9 | 59.0 | 60.3 | 61.6 | 62.7 | 57.9 | 59.4 | 60.8 | 62.3 | 62.6 | 61.1 | 52.4 | 10.9 | 3.6 | 3.2 | 0 | 2.8 |
| 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 |
| 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 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 1.8 | 0 | 0 | 0 | 1.5 | 0 | 0 | 0 | 0 | 1.5 | 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 | 2.2 | 2.2 | 6.3 | 4.5 | 6.4 | 6.4 | 7.6 | 6.1 | 8.9 | 9.0 | 10.1 | 10.2 | 8.8 | 7.9 | 7.3 | 7.4 | 7.4 | 7.0 | 7.2 | 7.5 | 4.1 | 4.1 | 3.7 | 2.6 | 1.9 | 2.1 | 1.6 | 1.6 | 1.5 | 4.2 | 2.5 | 1.6 | (32.5) | 0.3 |
| Total Non-Current Assets | 24.8 | 26.8 | 34.9 | 37.2 | 41.7 | 43.5 | 46.7 | 51.0 | 54.1 | 56.0 | 59.2 | 60.7 | 62.3 | 61.2 | 62.1 | 62.7 | 63.5 | 64.9 | 66.2 | 67.8 | 65.6 | 66.7 | 61.6 | 61.9 | 62.7 | 64.5 | 64.2 | 62.7 | 53.9 | 15.2 | 6.1 | 4.9 | (32.5) | 3.1 |
| Total Assets | 239.9 | 293.2 | 335.3 | 356.4 | 408.3 | 468.3 | 516.0 | 570.7 | 635.5 | 621.8 | 672.4 | 708.7 | 748.3 | 787.6 | 837.0 | 889.7 | 954.5 | 814.7 | 854.2 | 397.1 | 440.4 | 488.3 | 531.6 | 572.0 | 618.9 | 421.9 | 449.7 | 477.3 | 496.0 | 308.4 | 318.7 | 274.9 | 0 | 236.1 |
| Current Liabilities | ||||||||||||||||||||||||||||||||||
| Account Payables | 1.4 | 1.7 | 4.8 | 2.2 | 2.3 | 2.2 | 5.0 | 4.4 | 4.6 | 3.8 | 4.7 | 4.7 | 3.1 | 4.2 | 4.5 | 4.6 | 6.8 | 4.7 | 2.3 | 11.9 | 5.3 | 3.0 | 1.4 | 4.8 | 4.0 | 0.3 | 0.3 | 0.5 | 1.2 | 0.1 | 0.3 | 0.1 | 0 | 1.1 |
| Short-Term Debt | 10.6 | 9.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.0 | 5.1 | 4.4 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 6.7 | 6.7 | 0 | 13.4 | 21.9 | 23.7 | 55.4 | 64.0 | 73.4 | 83.0 | 0 | 68.5 | 61.8 | 48.2 | 0 | 0 | 0 | 90.8 | 94.7 | 25.4 | 22.7 | 23.9 | 26.6 | 32.7 | 32.1 | 30.2 | 29.5 | 40.9 | 38.5 | 34.9 | 34.0 | 0 | 0 | 19.0 |
| Other Current Liabilities | 22.2 | 51.7 | 44.3 | 59.8 | 44.6 | 54.5 | 37.6 | 44.9 | 37.6 | 54.7 | 104.5 | 21.4 | 26.3 | 12.8 | 119.7 | 107.0 | 95.6 | 11.7 | 0 | 0 | 0 | 7.3 | 0 | 0 | 0 | 5.7 | 12.7 | 12.5 | 4.9 | 9.6 | 34.0 | 30.6 | 0 | 5.6 |
| Total Current Liabilities | 41.0 | 69.5 | 80.0 | 84.4 | 109.8 | 125.1 | 142.5 | 147.7 | 164.9 | 177.9 | 155.4 | 132.3 | 99.3 | 93.8 | 160.9 | 149.4 | 142.9 | 139.6 | 132.8 | 74.4 | 64.1 | 68.1 | 71.1 | 65.9 | 71.8 | 62.0 | 58.7 | 67.1 | 55.8 | 13.0 | 41.0 | 36.9 | 0 | 27.4 |
| Non-Current Liabilities | ||||||||||||||||||||||||||||||||||
| Long-Term Debt | 23.9 | 26.8 | 9.6 | 9.5 | 9.5 | 9.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 1.8 | 166.3 | 168.7 | 1.4 | 1.4 | 10.5 | 35.8 | 45.4 | 58.1 | 68.4 | 322.6 | 102.1 | 0.9 | 0.8 | 386.6 | 414.1 | 505.3 | 0.2 | 0.2 | 0.2 | 0.2 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.4 | 0.4 | 0.1 | 7.6 | 210.7 | 0 | 0 | 77.5 |
| Total Non-Current Liabilities | 188.6 | 193.1 | 197.6 | 200.9 | 203.9 | 216.4 | 254.6 | 272.5 | 291.7 | 309.7 | 354.4 | 380.2 | 466.0 | 479.4 | 423.0 | 451.7 | 544.0 | 374.4 | 385.5 | 138.2 | 148.5 | 152.6 | 150.3 | 150.8 | 155.4 | 165.2 | 172.4 | 164.4 | 174.0 | 392.7 | 360.5 | 0 | 0 | 260.7 |
| Total Liabilities | 229.5 | 262.6 | 277.6 | 285.2 | 313.7 | 341.5 | 397.1 | 420.2 | 456.6 | 487.7 | 509.8 | 512.4 | 565.3 | 573.2 | 583.9 | 601.2 | 686.9 | 513.9 | 518.3 | 212.6 | 212.5 | 220.7 | 221.4 | 216.7 | 227.2 | 227.2 | 231.1 | 231.5 | 229.9 | 405.8 | 401.5 | 36.9 | 0 | 288.1 |
| 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 |
| Retained Earnings | (995.0) | (972.1) | (934.8) | (900.1) | (869.6) | (829.1) | (827.1) | (784.8) | (746.2) | (710.1) | (668.6) | (624.2) | (625.5) | (579.7) | (527.3) | (481.1) | (491.0) | (446.4) | (390.8) | (517.4) | (462.2) | (410.0) | (357.9) | (305.2) | (259.8) | (219.8) | (189.3) | (157.6) | (133.0) | (114.4) | (97.1) | (81.7) | 0 | (62.2) |
| Accumulated Other Comprehensive Income | (0.1) | 0.2 | 0.2 | 0.1 | 0.2 | 0.3 | 0.9 | (0.6) | (0.4) | 0.2 | (0.7) | (1.4) | (2.2) | (4.6) | (6.7) | (6.2) | (3.9) | (0.9) | (0.0) | 0.2 | 0.4 | 0.6 | 1.1 | 1.8 | 2.8 | 0.1 | 0.2 | 0.4 | 0.1 | (0.0) | (0.1) | (0.1) | (52.0) | (1.0) |
| Total Stockholders' Equity | 10.4 | 30.6 | 57.7 | 71.2 | 94.6 | 126.8 | 118.9 | 150.6 | 178.9 | 134.2 | 162.6 | 196.3 | 183.0 | 214.4 | 253.1 | 288.5 | 267.5 | 300.7 | 335.9 | 184.5 | 227.8 | 267.5 | 310.2 | 355.3 | 391.7 | 194.7 | 218.6 | 245.7 | 266.2 | (97.4) | (82.8) | 78.2 | 25.5 | (52.0) |
| Total Liabilities & Equity | 239.9 | 293.2 | 335.3 | 356.4 | 408.3 | 468.3 | 516.0 | 570.7 | 635.5 | 621.8 | 672.4 | 708.7 | 748.3 | 787.6 | 837.0 | 889.7 | 954.5 | 814.7 | 854.2 | 397.1 | 440.4 | 488.3 | 531.6 | 572.0 | 618.9 | 421.9 | 449.7 | 477.3 | 496.0 | 308.4 | 318.7 | 115.1 | 25.5 | 236.1 |
| Debt Metrics | ||||||||||||||||||||||||||||||||||
| Total Debt | 34.5 | 36.2 | 37.9 | 39.5 | 41.0 | 42.5 | 34.6 | 36.1 | 37.6 | 38.9 | 40.2 | 40.9 | 42.2 | 43.3 | 44.4 | 45.5 | 46.6 | 47.6 | 48.6 | 49.6 | 50.5 | 51.3 | 46.0 | 46.7 | 47.4 | 48.0 | 48.1 | 47.9 | 47.8 | 0 | 0 | 0 | 0 | 0 |
| Net Debt | (42.4) | (29.6) | (38.6) | (5.3) | 3.1 | 9.5 | (2.5) | (11.4) | (35.0) | (35.6) | (61.7) | (90.6) | (153.4) | (111.0) | (139.8) | (126.7) | (408.0) | (281.6) | (467.9) | (76.1) | (60.2) | 1.3 | (39.0) | (45.8) | (113.5) | (41.6) | (38.9) | (21.3) | (13.1) | (65.5) | (41.9) | (48.9) | 32.5 | (32.5) |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||||||||||||||||
| Net Income | (22.9) | (37.3) | (34.7) | (30.5) | (40.5) | (2.1) | (42.2) | (38.7) | (36.1) | (41.4) | (44.5) | 1.4 | (45.9) | (52.4) | (46.1) | 9.9 | (44.6) | (55.6) | 126.6 | (55.1) | (52.2) | (52.2) | (52.7) | (45.3) | (40.0) | (30.5) | (31.7) | (24.6) | (18.6) | (17.4) | (15.3) | (11.1) | (8.4) | (9.8) | (10.0) | (6.3) | (6.3) |
| Depreciation & Amortization | 0.4 | 2.8 | 2.3 | 3.2 | 1.8 | 2.1 | 2.2 | 2.3 | 2.3 | 2.3 | 2.3 | 2.2 | 2.1 | 2.1 | 2.0 | 2.1 | 2.3 | 2.1 | 2.1 | 2.1 | 2.0 | 2.0 | 1.8 | 1.8 | 1.7 | 3.2 | 1.3 | 0.8 | 0.3 | 0.3 | 0.3 | 0.3 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 |
| Stock-Based Compensation | 2.9 | 4.8 | 6.4 | 7.1 | 8.4 | 10.2 | 9.0 | 9.9 | 10.3 | 11.5 | 10.1 | 10.2 | 11.0 | 11.0 | 10.8 | 12.5 | 11.9 | 12.7 | 10.2 | 9.1 | 8.8 | 8.9 | 8.0 | 6.9 | 6.6 | 5.2 | 4.1 | 3.7 | 3.2 | 2.7 | 2.0 | 1.2 | 1.1 | 1.1 | 2.0 | 1.1 | 1.1 |
| Change in Working Capital | (31.3) | (12.1) | (5.1) | (28.3) | (28.6) | (62.7) | (18.7) | (32.4) | (33.3) | (13.7) | (9.8) | (53.5) | (13.2) | (8.1) | (15.3) | (82.0) | 164.9 | (9.0) | 305.7 | (1.1) | (11.9) | (7.0) | 1.6 | (9.3) | (0.4) | (6.0) | (1.3) | 2.3 | (7.2) | (2.3) | (8.5) | (6.8) | 191.9 | 6.0 | 1.5 | 0.3 | 0.3 |
| Other Non-Cash Items | 1.1 | 0.0 | (1.5) | (0.5) | (2.0) | (2.6) | (1.1) | (4.0) | (4.6) | 22.9 | (17.5) | (3.3) | (2.6) | (1.4) | (0.4) | 0.1 | 0.6 | 0.5 | 0.4 | 0.6 | 0.6 | 0.7 | 0.5 | (0.0) | (0.2) | (0.7) | (1.2) | (0.3) | (1.3) | (0.9) | (0.8) | (0.6) | (0.3) | 1.5 | (0.1) | 0.4 | 0.4 |
| Operating Cash Flow | (49.8) | (41.7) | (32.5) | (49.0) | (60.8) | (55.0) | (50.7) | (62.8) | (61.3) | (46.1) | (46.5) | (43.0) | (48.5) | (48.9) | (49.1) | (57.4) | 135.1 | (49.3) | 445.1 | (44.5) | (52.7) | (47.7) | (40.8) | (45.9) | (32.3) | (28.8) | (28.9) | (18.1) | (23.6) | (17.7) | (22.4) | (17.0) | 184.5 | (2.5) | (6.5) | (4.4) | (4.4) |
| Investing Activities | |||||||||||||||||||||||||||||||||||||
| Capital Expenditure | (0.1) | 0 | (0.0) | (0.0) | (0.0) | (0.2) | (0.2) | (0.3) | (0.5) | (0.2) | 0.1 | (1.2) | (1.0) | (0.8) | (1.9) | (0.7) | (0.7) | (0.6) | (0.9) | (0.8) | (0.9) | (0.8) | (0.4) | (0.3) | (3.6) | (1.6) | (2.3) | (9.4) | (2.0) | (0.4) | (0.2) | (0.7) | (0.6) | (0.1) | (0.1) | (0.3) | (0.3) |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 69.1 | (16.9) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 224.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (51.8) | (81.0) | (59.0) | (76.1) | (55.8) | (86.6) | (83.4) | (101.3) | (196.5) | (137.3) | (146.0) | (148.2) | (120.3) | (162.6) | (73.1) | (291.2) | (30.1) | (203.7) | (134.6) | (5.1) | 0 | (91.9) | (107.6) | (104.5) | (202.9) | (118.4) | (71.8) | (72.2) | (267.2) | (77.1) | (126.8) | (89.4) | (178.9) | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 112.9 | 106.6 | 108.5 | 131.8 | 121.5 | 128.2 | 123.9 | 138.8 | 185.2 | 155.6 | 162.8 | 127.6 | 210 | 181.7 | 135.5 | 66.1 | 18.7 | 57.5 | 66.5 | 62.5 | 110.5 | 104.2 | 141.0 | 80.0 | 81.6 | 150 | 120 | 108 | 118 | 120 | 80 | 50 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (69.1) | 16.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 48.2 | 35.8 | (149.2) | (224.1) | (46.8) | (39.4) | (178.9) | 0 | 0 | 0 | 0 |
| Investing Cash Flow | 60.9 | 25.6 | 49.5 | 55.7 | 65.7 | 41.4 | 40.3 | 37.1 | (11.8) | 18.1 | 17.0 | (21.8) | 88.7 | 18.4 | 60.5 | (225.8) | (12.1) | (146.8) | (69.1) | 56.6 | 109.6 | 11.6 | 33.0 | (24.7) | (124.9) | 30.1 | 45.9 | 26.4 | (151.3) | 42.5 | (46.9) | (40.1) | (179.5) | (0.1) | (0.1) | (0.3) | (0.3) |
| Financing Activities | |||||||||||||||||||||||||||||||||||||
| Net Debt Issuance | 0 | 0 | 0 | 0 | 0 | 9.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.1) | 0 | (1.6) | 0 | 0 | (0.1) | (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 |
| Other Financing Activities | 0 | 0.1 | 0 | 0.1 | 0 | 0.4 | 0 | 0.6 | 0 | 0 | 0 | 0 | 1.1 | 0 | 0 | 0 | 0 | 0 | 14.8 | 3.0 | 3.9 | (0.7) | 0.3 | 2.9 | 3.2 | 0 | 0.7 | 0.1 | 0.0 | 0 | 0 | 0 | (0.1) | (0.0) | 0 | 0 | 0 |
| Financing Cash Flow | 0.0 | 5.4 | 14.7 | 0.1 | 0 | 9.8 | 0 | 0.6 | 71.1 | 0.6 | 0 | 0.9 | 1.1 | 0.6 | 0.5 | 0.9 | 2.5 | 8.6 | 14.8 | 3.0 | 3.9 | 1.1 | 0.3 | 2.3 | 228.5 | 1.4 | 0.7 | (0.1) | 170.3 | (1.3) | 62.3 | 70.2 | (0.1) | (0.0) | 0 | 0 | 0 |
| Cash Position | |||||||||||||||||||||||||||||||||||||
| Net Change in Cash | 11.2 | (10.7) | 31.7 | 6.8 | 5.0 | (4.1) | (10.4) | (25.0) | (2.0) | (27.4) | (29.6) | (64.0) | 41.2 | (29.9) | 12.0 | (282.4) | 125.5 | (187.4) | 390.8 | 15.0 | 60.7 | (35.0) | (7.5) | (68.4) | 71.3 | 2.7 | 17.8 | 8.3 | (4.5) | 23.5 | (7.0) | 13.0 | 4.9 | (2.6) | (6.6) | (4.7) | (4.7) |
| Cash at Beginning | 67.6 | 78.3 | 46.6 | 39.8 | 34.9 | 37.2 | 49.1 | 74.1 | 76.1 | 103.5 | 133.1 | 195.6 | 155.8 | 184.2 | 172.3 | 454.6 | 329.2 | 516.5 | 127.2 | 112.2 | 51.4 | 85.0 | 94.0 | 162.4 | 91.1 | 87.0 | 70.7 | 62.4 | 66.9 | 43.4 | 50.4 | 37.4 | 32.5 | 35.0 | 41.7 | 46.4 | 0 |
| Cash at End | 78.8 | 67.6 | 78.3 | 46.6 | 39.8 | 33.0 | 38.7 | 49.1 | 74.1 | 76.1 | 103.5 | 131.5 | 197.0 | 154.3 | 184.2 | 172.3 | 454.6 | 329.2 | 518.0 | 127.2 | 112.2 | 50.0 | 86.5 | 94.0 | 162.4 | 89.6 | 88.4 | 70.7 | 62.4 | 66.9 | 43.4 | 50.4 | 37.4 | 32.5 | 35.0 | 41.7 | (4.7) |
| Free Cash Flow | (49.9) | (41.7) | (32.5) | (49.1) | (60.8) | (55.2) | (50.9) | (63.1) | (61.9) | (46.3) | (46.4) | (44.2) | (49.6) | (49.7) | (51.0) | (58.2) | 134.4 | (49.8) | 444.1 | (45.4) | (53.6) | (48.4) | (41.2) | (46.2) | (35.9) | (30.4) | (31.2) | (27.4) | (25.6) | (18.1) | (22.5) | (17.7) | 183.9 | (2.6) | (6.6) | (4.7) | (4.7) |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||||||||||||||||||||||
| Revenue | 1.0 | 6.2 | 3.3 | 7.9 | 3.7 | 54.2 | 15.3 | 15.1 | 15.9 | 15.2 | 9.1 | 56.2 | 16.5 | 14.4 | 14.9 | 79.9 | 24.5 | 14.0 | 182.4 | 6.6 | 4.1 | 4.9 | 5.9 | 3.2 | 7.2 | 6.0 | 2.7 | 6.9 | 5.6 | 9.1 | 6.5 | 7.1 | 4.9 | 3.1 | 0.2 | 0.3 | 0.3 |
| Gross Profit | (1.0) | 6.2 | 3.3 | 7.9 | 3.7 | 7.8 | 15.3 | 12.8 | 13.6 | 12.9 | (37.2) | 10.0 | (35.3) | (40.1) | (33.5) | 25.3 | (28.6) | (38.8) | 139.3 | (41.2) | (41.6) | (39.5) | (37.9) | (30.9) | (27.4) | (19.8) | (25.8) | (18.7) | (15.0) | (15.0) | (13.9) | (9.7) | (6.8) | (7.8) | (7.8) | (5.3) | (5.3) |
| Operating Income | (25.2) | (39.6) | (37.6) | (34.1) | (44.7) | (7.2) | (48.4) | (45.6) | (43.7) | (47.5) | (50.6) | (3.6) | (50.1) | (55.4) | (47.7) | 9.5 | (44.1) | (55.7) | 126.3 | (55.3) | (52.6) | (52.8) | (53.7) | (46.6) | (42.1) | (32.3) | (34.1) | (27.2) | (20.8) | (19.0) | (16.8) | (12.2) | (9.2) | (9.8) | (10.1) | (6.4) | (6.4) |
| Net Income | (22.9) | (37.3) | (34.7) | (30.5) | (40.5) | (2.1) | (42.2) | (38.7) | (36.1) | (41.4) | (44.5) | 1.4 | (45.9) | (52.4) | (46.1) | 9.9 | (44.6) | (55.6) | 126.6 | (55.1) | (52.2) | (52.2) | (52.7) | (45.3) | (40.0) | (30.5) | (31.7) | (24.6) | (18.6) | (17.4) | (15.3) | (11.1) | (8.4) | (9.8) | (10.0) | (6.3) | (6.3) |
| EPS (Diluted) | -0.21 | -0.34 | -0.34 | -0.30 | -0.41 | -0.02 | -0.44 | -0.40 | -0.38 | -0.49 | -0.53 | 0.02 | -0.55 | -0.63 | -0.56 | 0.12 | -0.54 | -0.68 | 1.49 | -0.69 | -0.66 | -0.66 | -0.67 | -0.58 | -0.53 | -0.45 | -0.47 | -0.36 | -0.27 | -0.25 | -0.30 | -0.22 | -0.16 | -0.19 | -0.34 | -0.75 | -0.75 |
| Balance Sheet | |||||||||||||||||||||||||||||||||||||
| Cash & Equivalents | 77.0 | 65.8 | 76.5 | 44.8 | 38.0 | 33.0 | 37.2 | 47.5 | 72.6 | 74.6 | 102.0 | 131.5 | 195.6 | 154.3 | 184.2 | 172.3 | 454.6 | 329.2 | 516.5 | 125.7 | 110.7 | 50.0 | 85.0 | 92.5 | 160.9 | 89.6 | 87.0 | 69.2 | 61.0 | 65.5 | 41.9 | 48.9 | (32.5) | 32.5 | |||
| Total Assets | 239.9 | 293.2 | 335.3 | 356.4 | 408.3 | 468.3 | 516.0 | 570.7 | 635.5 | 621.8 | 672.4 | 708.7 | 748.3 | 787.6 | 837.0 | 889.7 | 954.5 | 814.7 | 854.2 | 397.1 | 440.4 | 488.3 | 531.6 | 572.0 | 618.9 | 421.9 | 449.7 | 477.3 | 496.0 | 308.4 | 318.7 | 274.9 | 0 | 236.1 | |||
| Total Debt | 34.5 | 36.2 | 37.9 | 39.5 | 41.0 | 42.5 | 34.6 | 36.1 | 37.6 | 38.9 | 40.2 | 40.9 | 42.2 | 43.3 | 44.4 | 45.5 | 46.6 | 47.6 | 48.6 | 49.6 | 50.5 | 51.3 | 46.0 | 46.7 | 47.4 | 48.0 | 48.1 | 47.9 | 47.8 | 0 | 0 | 0 | 0 | 0 | |||
| Stockholders' Equity | 10.4 | 30.6 | 57.7 | 71.2 | 94.6 | 126.8 | 118.9 | 150.6 | 178.9 | 134.2 | 162.6 | 196.3 | 183.0 | 214.4 | 253.1 | 288.5 | 267.5 | 300.7 | 335.9 | 184.5 | 227.8 | 267.5 | 310.2 | 355.3 | 391.7 | 194.7 | 218.6 | 245.7 | 266.2 | (97.4) | (82.8) | 78.2 | 25.5 | (52.0) | |||
| Cash Flow | |||||||||||||||||||||||||||||||||||||
| Operating Cash Flow | (49.8) | (41.7) | (32.5) | (49.0) | (60.8) | (55.0) | (50.7) | (62.8) | (61.3) | (46.1) | (46.5) | (43.0) | (48.5) | (48.9) | (49.1) | (57.4) | 135.1 | (49.3) | 445.1 | (44.5) | (52.7) | (47.7) | (40.8) | (45.9) | (32.3) | (28.8) | (28.9) | (18.1) | (23.6) | (17.7) | (22.4) | (17.0) | 184.5 | (2.5) | (6.5) | (4.4) | (4.4) |
| Capital Expenditure | (0.1) | 0 | (0.0) | (0.0) | (0.0) | (0.2) | (0.2) | (0.3) | (0.5) | (0.2) | 0.1 | (1.2) | (1.0) | (0.8) | (1.9) | (0.7) | (0.7) | (0.6) | (0.9) | (0.8) | (0.9) | (0.8) | (0.4) | (0.3) | (3.6) | (1.6) | (2.3) | (9.4) | (2.0) | (0.4) | (0.2) | (0.7) | (0.6) | (0.1) | (0.1) | (0.3) | (0.3) |
| Free Cash Flow | (49.9) | (41.7) | (32.5) | (49.1) | (60.8) | (55.2) | (50.9) | (63.1) | (61.9) | (46.3) | (46.4) | (44.2) | (49.6) | (49.7) | (51.0) | (58.2) | 134.4 | (49.8) | 444.1 | (45.4) | (53.6) | (48.4) | (41.2) | (46.2) | (35.9) | (30.4) | (31.2) | (27.4) | (25.6) | (18.1) | (22.5) | (17.7) | 183.9 | (2.6) | (6.6) | (4.7) | (4.7) |