ARVN - Arvinas, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$13.57
DETAILS
HIGH:
$20.00
LOW:
$10.00
MEDIAN:
$12.00
CONSENSUS:
$13.57
UPSIDE:
59.46%
| Metric | 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 | 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 | 249.7 | 15.6 | 9.5 | 41.9 | 22.4 | 188.8 | 59.2 | 102.4 | 76.5 | 25.3 | (43.1) | 34.6 | 54.5 | 32.5 | 38 | 33.2 | 33.8 | 26.5 | 26.3 | 9.3 | 5.5 | 5.5 | 2.2 | 7.6 | 5.7 | 6.2 | 4.9 | 30.1 | 4.0 | 4.0 | 3.4 | 3.4 | 3.4 | 4.1 | 2.6 | 1.7 | 1.7 | 1.7 |
| Cost of Revenue | 9 | 1.1 | 1.2 | 0 | 0 | 0 | 0 | 0 | 1.7 | 1.7 | 1.7 | 1.7 | 1.6 | 1.7 | 2.1 | 2.1 | 1.9 | 2.1 | 1.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 240.7 | 14.5 | 8.3 | 41.9 | 22.4 | 188.8 | 59.2 | 102.4 | 74.8 | 23.6 | (44.8) | 32.9 | 52.9 | 30.8 | 35.9 | 31.1 | 31.9 | 24.4 | 24.7 | 9.3 | 5.5 | 5.5 | 2.2 | 7.6 | 5.7 | 6.2 | 4.9 | 30.1 | 4.0 | 4.0 | 3.4 | 3.4 | 3.4 | 4.1 | 2.6 | 1.7 | 1.7 | 1.7 |
| Operating Expenses | ||||||||||||||||||||||||||||||||||||||
| R&D Expenses | 52.6 | 60 | 61.1 | 64.7 | 68.6 | 90.8 | 83.3 | 86.9 | 93.7 | 84.3 | 95.2 | 85.9 | 103.4 | 95.3 | 98.3 | 77.5 | 75.3 | 64 | 61.8 | 40.6 | 43 | 34.9 | 33.2 | 30.0 | 23.4 | 21.7 | 20.4 | 16.6 | 16.0 | 14.2 | 14.6 | 13.1 | 10.3 | 7.1 | 6.7 | 7.2 | 7.8 | 7.1 |
| SG&A Expenses | 24 | 17.2 | 22.4 | 21.6 | 25.3 | 26.6 | 34.1 | 75.8 | 29.6 | 22.6 | 25.3 | 20.9 | 24.1 | 23.2 | 13 | 17.9 | 22.4 | 18.1 | 17.3 | 16 | 14.4 | 12.3 | 12.2 | 9.3 | 8.8 | 7.9 | 7.3 | 8.0 | 6.4 | 5.6 | 5.8 | 4.3 | 1.6 | 1.2 | 1.2 | 0.9 | 0.6 | 0.9 |
| Other Expenses | 0 | 0 | (3.5) | (0.6) | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.0 | 0 | 0 |
| Operating Expenses | 76.6 | 77.2 | 80 | 85.7 | 93.9 | 117.4 | 117.4 | 162.7 | 123.3 | 106.9 | 120.5 | 106.8 | 127.5 | 118.5 | 111.3 | 95.4 | 97.7 | 82.1 | 79.1 | 56.6 | 57.4 | 47.2 | 45.4 | 39.3 | 32.2 | 29.7 | 27.7 | 24.5 | 22.4 | 19.8 | 20.4 | 17.4 | 11.9 | 8.4 | 7.9 | 8.1 | 8.4 | 8.0 |
| Operating Income | ||||||||||||||||||||||||||||||||||||||
| Operating Income | 164.1 | (62.7) | (71.7) | (43.8) | (71.5) | 71.4 | (58.2) | (60.3) | (48.5) | (83.3) | (165.3) | (73.9) | (74.6) | (87.7) | (75.4) | (64.3) | (65.8) | (57.7) | (54.4) | (47.3) | (51.9) | (41.7) | (43.2) | (31.7) | (26.5) | (23.4) | (22.8) | 5.5 | (18.4) | (15.8) | (16.9) | (14.1) | (8.5) | (4.3) | (5.3) | (6.4) | (6.7) | (6.3) |
| Interest Expense | 0 | 0 | 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 | 0.0 | 0.0 | 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 | 5.5 | 6.4 | 9 | 9 | 10.3 | 11.7 | 12.9 | 14.3 | 13.6 | 14 | 12.2 | 10 | 9 | 7.6 | 5.7 | 3.4 | 1.8 | 1.2 | 0.7 | 0.4 | 0.4 | 0.5 | 0.5 | 0.8 | 1.0 | 1.3 | 1.2 | 1.1 | 1.1 | 1.2 | 1.2 | 0.5 | 0.5 | 0.2 | 0.0 | 0.0 | 0.1 | 0.1 |
| Profitability | ||||||||||||||||||||||||||||||||||||||
| EBITDA | 159.3 | (56.4) | (66) | (34) | (60.1) | 84.4 | (43.9) | (47.5) | (33.3) | (67.6) | (151.5) | (62.2) | (64) | (79.5) | (67) | (59) | (62.2) | (54.5) | (51.3) | (45.6) | (49.1) | (40.6) | (40.2) | (29.7) | (24.3) | (20.9) | (20.3) | (17.0) | (16.6) | (14.0) | (15.8) | (13.2) | (7.7) | (4.0) | (4.6) | (6.3) | (6.6) | (6.2) |
| EBIT | 158.6 | (57.5) | (67.2) | (34.8) | (61.5) | 83.1 | (45.5) | (48.6) | (35) | (69.3) | (153.2) | (63.9) | (65.6) | (81.2) | (69.1) | (61.1) | (64.1) | (56.6) | (52.9) | (46.8) | (50.3) | (41.7) | (41.5) | (30.8) | (25.2) | (21.7) | (21.0) | (17.7) | (17.1) | (14.4) | (16.1) | (13.4) | (7.8) | (4.1) | (4.7) | (6.4) | (6.7) | (6.3) |
| Income Before Tax | 169.6 | (57.5) | (67.2) | (34.8) | (61.5) | 83.1 | (45.5) | (48.6) | (35) | (69.3) | (153.2) | (64) | (66.9) | (82.3) | (72.1) | (64) | (66.6) | (58.9) | (53) | (46.8) | (50.3) | (41) | (41.5) | (30.8) | (25.2) | (21.7) | (21.0) | (17.7) | (17.2) | (14.4) | (16.1) | (13.4) | (7.9) | (4.2) | (4.7) | (6.4) | (6.7) | (6.2) |
| Income Tax Expense | 0.2 | 0.1 | 0.2 | 0.3 | (0.3) | 0.2 | (0.4) | 0.6 | 0.2 | 0.1 | 1.6 | 0 | (0.3) | (0.4) | 10.8 | 2.2 | 3.4 | 4.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income | 169.4 | (57.6) | (67.4) | (35.1) | (61.2) | 82.9 | (45.1) | (49.2) | (35.2) | (69.4) | (154.8) | (64) | (66.6) | (81.9) | (82.9) | (66.2) | (70) | (63.4) | (53) | (46.8) | (50.3) | (41) | (41.5) | (30.8) | (25.2) | (21.7) | (21.0) | (17.7) | (17.2) | (14.4) | (16.1) | (13.4) | (7.9) | (4.2) | (4.7) | (6.4) | (6.7) | (6.2) |
| Per Share Data | ||||||||||||||||||||||||||||||||||||||
| EPS (Basic) | 2.61 | -0.90 | -1.04 | -0.48 | -0.84 | 1.14 | -0.63 | -0.68 | -0.49 | -0.97 | -2.53 | -1.18 | -1.25 | -1.52 | -1.50 | -1.24 | -1.32 | -1.20 | -1.00 | -0.94 | -1.03 | -0.84 | -0.99 | -0.79 | -0.65 | -0.56 | -0.56 | -0.54 | -0.55 | -0.46 | -0.52 | -3.90 | -0.73 | -3.65 | -0.29 | -0.31 | -3.52 | -3.29 |
| EPS (Diluted) | 2.58 | -0.90 | -1.04 | -0.48 | -0.84 | 1.14 | -0.63 | -0.68 | -0.49 | -0.97 | -2.53 | -1.18 | -1.25 | -1.52 | -1.50 | -1.24 | -1.32 | -1.20 | -1.00 | -0.94 | -1.03 | -0.84 | -0.99 | -0.79 | -0.65 | -0.56 | -0.56 | -0.54 | -0.55 | -0.46 | -0.52 | -3.90 | -0.73 | -3.65 | -0.29 | -0.31 | -3.52 | -3.29 |
| Shares Outstanding | 64.8 | 64 | 64.9 | 72.9 | 72.8 | 72.5 | 72.1 | 72.1 | 71.9 | 71.7 | 61.1 | 54.1 | 53.4 | 53.3 | 53.2 | 53.2 | 53.2 | 52.8 | 52.8 | 49.8 | 48.9 | 48.6 | 41.8 | 39.1 | 38.7 | 38.5 | 37.3 | 32.7 | 31.4 | 31.3 | 31.1 | 32.2 | 31.2 | 20.7 | 20.7 | 20.7 | 1.9 | 1.9 |
| Metric | 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 | 2019 Q4 | 2019 Q3 | 2019 Q2 | 2019 Q1 | 2018 Q4 | 2018 Q3 | 2018 Q2 | 2018 Q1 | 2017 Q4 | 2017 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 94.3 | 87.3 | 142.9 | 101.5 | 114.9 | 81 | 100.5 | 85.2 | 154.8 | 88 | 311.7 | 113.7 | 90.6 | 130.2 | 81.3 | 132.6 | 93.2 | 62.3 | 108.3 | 255.7 | 48.7 | 346.1 | 588.4 | 89.0 | 21.6 | 36.1 | 9.2 | 12.1 | 11.3 | 28.8 | 3.2 | 6.2 | 3.4 | 60.8 | 30.9 | (35.6) |
| Short-Term Investments | 473.6 | 527.6 | 542.5 | 686.1 | 746.3 | 873.3 | 938.9 | 1,036.4 | 1,073.9 | 1,081.3 | 949.3 | 884.8 | 948.2 | 993.3 | 1,124 | 1,138.1 | 1,250 | 1,366.1 | 1,394.3 | 1,288.8 | 551.8 | 305.2 | 100.2 | 159.6 | 221.1 | 226.7 | 271.7 | 178.4 | 147.8 | 146.2 | 184.6 | 83.6 | 96.4 | 51.9 | 8.3 | 71.1 |
| Net Receivables | 54.3 | 6.4 | 6.4 | 26.8 | 11.1 | 8.4 | 13.7 | 14.8 | 10 | 7.1 | 7.2 | 20.6 | 4.8 | 4.7 | 8 | 6.8 | 8.1 | 6.7 | 25.7 | 8.6 | 7.4 | 5.2 | 8.4 | 6.0 | 3.6 | 3.9 | 6.3 | 5.2 | 1.4 | 2.5 | 5.0 | 2.2 | 2.0 | 0 | 26.0 | 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 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 30 | 9.4 | 8.9 | 11.9 | 17.2 | 17 | 14.2 | 13.1 | 18 | 13.9 | 12 | 13.9 | 13.1 | 20 | 26.9 | 5.5 | 4.5 | 4.5 | 4.5 | 4.5 | 4.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.4 | 0 | 0 |
| Total Current Assets | 652.2 | 630.7 | 700.7 | 826.3 | 889.5 | 979.7 | 1,067.3 | 1,149.5 | 1,256.7 | 1,190.3 | 1,280.2 | 1,033 | 1,056.7 | 1,148.2 | 1,240.2 | 1,304.7 | 1,376.4 | 1,457 | 1,552.5 | 1,576.2 | 627.7 | 664.7 | 703.1 | 258.0 | 249.6 | 270.2 | 290.9 | 199.7 | 163.3 | 179.7 | 195.7 | 95.5 | 103.7 | 114.4 | 65.5 | 35.6 |
| Non-Current Assets | ||||||||||||||||||||||||||||||||||||
| Property, Plant & Equipment | 12.3 | 13.3 | 13.4 | 14.1 | 15.4 | 16.6 | 16 | 7.8 | 11.3 | 12.4 | 14 | 15.7 | 16.7 | 17.3 | 17.8 | 18.8 | 18.9 | 19.2 | 16.6 | 15.9 | 16.3 | 17.1 | 14.3 | 13.9 | 13.0 | 12.2 | 10.7 | 9.4 | 8.8 | 6.8 | 3.6 | 3.3 | 2.3 | 1.8 | 1.3 | 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 |
| 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 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 Assets | 10.6 | 3.5 | 3.8 | 3.9 | 4.4 | 4.8 | 8.1 | 9.8 | 11.6 | 9.9 | 10.4 | 9.6 | 10.1 | 10.3 | 10.8 | 11.3 | 11.7 | 12.1 | 12.5 | 12.8 | 0.0 | 0.0 | 0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (35.6) |
| Total Non-Current Assets | 22.9 | 16.8 | 17.2 | 18 | 19.8 | 21.4 | 24.1 | 17.6 | 22.9 | 22.3 | 24.4 | 25.3 | 26.8 | 27.6 | 28.6 | 30.1 | 30.6 | 31.3 | 29.1 | 28.7 | 16.3 | 17.1 | 14.3 | 14.0 | 13.0 | 12.3 | 10.8 | 9.4 | 8.8 | 6.8 | 3.6 | 3.4 | 2.3 | 1.8 | 1.3 | (35.6) |
| Total Assets | 675.1 | 647.5 | 717.9 | 844.3 | 909.3 | 1,001.1 | 1,091.4 | 1,167.1 | 1,279.6 | 1,212.6 | 1,304.6 | 1,058.3 | 1,083.5 | 1,175.8 | 1,268.8 | 1,334.8 | 1,407 | 1,488.3 | 1,581.6 | 1,604.9 | 644.0 | 681.8 | 717.4 | 271.9 | 262.6 | 282.4 | 301.6 | 209.1 | 172.0 | 186.6 | 199.3 | 98.9 | 106.0 | 116.3 | 66.8 | 0 |
| Current Liabilities | ||||||||||||||||||||||||||||||||||||
| Account Payables | 7.5 | 31.4 | 24.4 | 17.8 | 16.6 | 26.4 | 13.4 | 17.7 | 23.2 | 17.8 | 17.8 | 34.3 | 6.7 | 12.3 | 5.7 | 7.9 | 12.3 | 8.6 | 31.3 | 4.7 | 5.0 | 9.0 | 7.1 | 5.1 | 2.4 | 3.0 | 4.6 | 2.3 | 1.4 | 1.6 | 2.8 | 1.3 | 1.7 | 2.0 | 0.6 | 0 |
| Short-Term Debt | 0.2 | 0 | 0 | 1.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.2 | 0.1 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0.1 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0 |
| Deferred Revenue | 0 | 51.8 | 71.3 | 87.7 | 102.9 | 141 | 156.2 | 199.2 | 267.9 | 162.9 | 163 | 224.2 | 230.1 | 214.9 | 218.6 | 193.1 | 194.4 | 197.5 | 206.2 | 162.9 | 22.2 | 22.2 | 22.2 | 21.4 | 23.0 | 22.5 | 20.0 | 20.3 | 14.8 | 15.4 | 16.1 | 13.5 | 13.5 | 0 | 13.6 | 0 |
| Other Current Liabilities | 28.4 | 4.5 | 17.5 | 20.8 | 10.5 | 7.6 | 22.4 | 19.9 | 16 | 9.7 | 25.7 | 16.7 | 12.6 | 7.2 | 18.7 | 12.2 | 8.7 | 5.1 | 12.4 | 6.4 | 4.7 | 2.9 | 9 | 4.3 | 3.0 | 2.0 | 5.8 | 2.6 | 1.5 | 1.2 | 0 | 0 | 0 | 13.5 | 0 | 0 |
| Total Current Liabilities | 82.5 | 115.9 | 142.5 | 144.9 | 157.8 | 214 | 229.8 | 275.9 | 347.2 | 240.8 | 257.1 | 317.3 | 306.9 | 282.9 | 295.1 | 244.6 | 238.2 | 238 | 261.7 | 182.5 | 41.8 | 40.4 | 49.2 | 39.5 | 33.7 | 33.2 | 32.8 | 29.4 | 20.9 | 20.6 | 23.0 | 19.8 | 17.3 | 17.3 | 17.9 | 0 |
| Non-Current Liabilities | ||||||||||||||||||||||||||||||||||||
| Long-Term Debt | 0.3 | 0.3 | 0.4 | 0.4 | 0.5 | 0.5 | 0.6 | 0.6 | 0.7 | 0.7 | 0.8 | 0.8 | 0.9 | 0.9 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 0.1 | 0.1 | 0.2 | 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 | (315.2) | (202.6) | 0 | (61.4) | 0 |
| Other Non-Current Liabilities | 24.3 | 0 | 0.1 | 0 | 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 | 0.1 | 0 | 0.2 | 47.5 | 0.1 | 0 |
| Total Non-Current Liabilities | 30.4 | 144.8 | 141.6 | 135.0 | 142.2 | 127 | 299.9 | 305.2 | 332.3 | 362.1 | 387.5 | 283.8 | 313 | 381.9 | 408.8 | 468.7 | 498.2 | 527 | 538.2 | 604.6 | 19.3 | 26.1 | 26 | 27.3 | 31.1 | 37.6 | 42.1 | 45.5 | 34.6 | 38.2 | 39.6 | 42.7 | 44.4 | 47.6 | 48.7 | 0 |
| Total Liabilities | 112.9 | 260.7 | 284.1 | 279.9 | 300 | 341 | 529.7 | 581.1 | 679.5 | 602.9 | 644.6 | 601.1 | 619.9 | 664.8 | 703.9 | 713.3 | 736.4 | 765 | 799.9 | 787.1 | 61.1 | 66.5 | 75.2 | 66.8 | 64.8 | 70.7 | 75.0 | 74.9 | 55.5 | 58.8 | 62.6 | 62.6 | 61.7 | 64.8 | 66.6 | 0 |
| Stockholders' Equity | ||||||||||||||||||||||||||||||||||||
| Common Stock | 0.1 | 0.1 | 0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 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 | 1.2 | 0 |
| Retained Earnings | (1,500.6) | (1,670) | (1,612.4) | (1,545) | (1,509.9) | (1,448.7) | (1,531.6) | (1,486.5) | (1,437.3) | (1,402.1) | (1,332.7) | (1,177.9) | (1,113.9) | (1,047.3) | (965.4) | (882.5) | (816.3) | (746.3) | (682.9) | (629.9) | (583.1) | (532.9) | (491.9) | (450.3) | (419.5) | (394.3) | (372.6) | (351.5) | (333.8) | (316.7) | (302.3) | (286.2) | (160.7) | (138.0) | (62.4) | 0 |
| Accumulated Other Comprehensive Income | (0.8) | (0.4) | 1.2 | 1.4 | 1 | 1.5 | 1 | 4.1 | (3.8) | (4.4) | (3.1) | (9.2) | (12.2) | (12.6) | (19.2) | (24.8) | (22) | (18.7) | (4.6) | (0.7) | (0.5) | (0.2) | 0.6 | 1.1 | 1.7 | (0.6) | 0.1 | 0.2 | 0.3 | 0.1 | (0.2) | (0.0) | (0.1) | 1.3 | (0.0) | (32.9) |
| Total Stockholders' Equity | 562.2 | 386.8 | 433.8 | 564.4 | 609.3 | 660.1 | 561.7 | 586 | 600.1 | 609.7 | 660 | 457.2 | 463.6 | 511 | 564.9 | 621.5 | 670.6 | 723.3 | 781.7 | 817.7 | 582.9 | 615.3 | 642.2 | 205.1 | 197.8 | 211.7 | 226.7 | 134.2 | 116.5 | 127.7 | 136.7 | 36.3 | 44.3 | 51.4 | 0.2 | 24.1 |
| Total Liabilities & Equity | 675.1 | 647.5 | 717.9 | 844.3 | 909.3 | 1,001.1 | 1,091.4 | 1,167.1 | 1,279.6 | 1,212.6 | 1,304.6 | 1,058.3 | 1,083.5 | 1,175.8 | 1,268.8 | 1,334.8 | 1,407 | 1,488.3 | 1,581.6 | 1,604.9 | 644.0 | 681.8 | 717.4 | 271.9 | 262.6 | 282.4 | 301.6 | 209.1 | 172.0 | 186.6 | 199.3 | 98.9 | 106.0 | 116.3 | 66.8 | 24.1 |
| Debt Metrics | ||||||||||||||||||||||||||||||||||||
| Total Debt | 8.2 | 8.4 | 8.9 | 9.5 | 9.9 | 10.5 | 9.7 | 1.5 | 2.1 | 2.6 | 3.2 | 4 | 4.5 | 5 | 5.5 | 5.9 | 6.3 | 6.8 | 5 | 5.3 | 5.6 | 6.9 | 4.1 | 4.3 | 4.5 | 4.7 | 4.4 | 4.4 | 4.6 | 4.8 | 2.2 | 2.2 | 0.2 | 0.3 | 0.3 | 0 |
| Net Debt | (86.1) | (78.9) | (134) | (92) | (105) | (70.5) | (90.8) | (83.7) | (152.7) | (85.4) | (308.5) | (109.7) | (86.1) | (125.2) | (75.8) | (126.7) | (86.9) | (55.5) | (103.3) | (250.3) | (43.1) | (339.1) | (584.3) | (84.7) | (17.1) | (31.4) | (4.8) | (7.8) | (6.7) | (24.0) | (1.0) | (4.0) | (3.1) | (60.6) | (30.6) | 35.6 |
| Metric | 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 | 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 | 169.4 | (57.6) | (67.4) | (35.1) | (61.2) | 82.9 | (45.1) | (49.2) | (35.2) | (69.4) | (154.8) | (64) | (66.6) | (81.9) | (82.9) | (66.2) | (70) | (63.4) | (53.0) | (46.8) | (50.3) | (41) | (41.5) | (30.8) | (25.2) | (21.7) | (21.0) | (17.7) | (17.2) | (14.4) | (16.1) | (13.4) | (7.9) | (4.2) | (4.7) | (6.4) | (6.7) | (6.2) |
| Depreciation & Amortization | 4.4 | 1.1 | 1.2 | 1.3 | 1.4 | 1.3 | 1.6 | 1.6 | 1.7 | 1.7 | 1.7 | 1.7 | 1.6 | 1.7 | 2.1 | 2.1 | 1.9 | 2.1 | 1.6 | 1.5 | 1.5 | 1.4 | 1.3 | 1.1 | 0.9 | 0.8 | 0.7 | 0.6 | 0.5 | 0.4 | 0.2 | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Stock-Based Compensation | 5.9 | 11.4 | 8.5 | 0 | 10.3 | 15 | 23.3 | 24.7 | 21.6 | 18.6 | 16.7 | 16.7 | 18.3 | 19.9 | 20.1 | 18.8 | 20 | 16.6 | 17.0 | 0 | 14.6 | 10.3 | 8.1 | 8.2 | 7.8 | 6.1 | 5.0 | 4.6 | 5.3 | 5.2 | 5.4 | 5.1 | 1.0 | 0.1 | 0.1 | 0.1 | 0.1 | (0.0) |
| Change in Working Capital | (226.5) | (1) | 29.5 | (32.8) | (42.8) | (187.6) | (60.2) | (103.7) | 66.6 | (43.3) | 59 | (35.1) | 5.7 | (29) | (10.2) | (22.8) | (33.6) | (16) | (6.0) | 708.9 | (13.9) | (10.7) | 2.9 | (1.2) | (5.2) | (2.5) | (1.1) | 14.3 | (2.1) | (3.9) | (1.9) | (3.0) | (5.5) | 22.9 | 32.7 | (1.3) | 1.0 | (0.8) |
| Other Non-Cash Items | (1.5) | (23.1) | (2.2) | 7.5 | (3.1) | (0.5) | (3.7) | (1.4) | (4.4) | (5.1) | (0.2) | (3) | (47.7) | (1.9) | (0.3) | 1.5 | 3.1 | 3.6 | 4.7 | 17.9 | 0.7 | 1 | 0.2 | 0.3 | 0.5 | 0.4 | 0.3 | (0.0) | (0.1) | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 | 0.0 | 0.1 | (3.0) | (0.1) |
| Operating Cash Flow | (48.3) | (69.2) | (30.4) | (59.1) | (95.4) | (88.9) | (84.1) | (128) | 50.3 | (97.5) | (83.1) | (84.8) | (88.7) | (91.2) | (71.2) | (66.6) | (78.6) | (57.1) | (35.8) | 681.5 | (47.4) | (39) | (29.0) | (22.4) | (21.4) | (16.9) | (16.2) | 1.9 | (13.6) | (12.7) | (12.3) | (11.0) | (12.2) | 19.3 | 28.2 | (7.4) | (8.5) | (7.1) |
| Investing Activities | ||||||||||||||||||||||||||||||||||||||
| Capital Expenditure | (0.2) | (1.3) | (0.2) | (0.1) | (1.2) | (0.4) | (0.3) | (0.7) | (0.7) | (0.1) | (0.1) | (1.1) | (0.6) | (1.1) | (1.1) | (2.2) | (1.4) | (2.1) | (1.9) | (1.3) | (0.5) | (1) | (1.9) | (1.4) | (1.8) | (1.4) | (1.8) | (1.2) | (2.9) | (0.4) | (0.6) | (0.9) | (0.6) | (0.6) | (0.4) | 0.0 | (0.1) | (0.5) |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0 | 53.6 | (71.1) | 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 |
| Purchases of Investments | (60.4) | (178.9) | (6.6) | (110) | (118) | (119.6) | (51.3) | (160.4) | (192.5) | (247.9) | (290.6) | (173.4) | (316.6) | (175.7) | (184.2) | (233.1) | (205.9) | (263.2) | (341.7) | (864.9) | (297.5) | (240.5) | (0.0) | 0 | (32.6) | (8.6) | (143.5) | (75.2) | (34.6) | (3.3) | (120.5) | (8.1) | (59.3) | (47.1) | (3.2) | 0 | 0 | 0 |
| Sales/Maturities of Investments | 115.5 | 193.9 | 152.6 | 173.6 | 248 | 189.5 | 150.5 | 211.6 | 206.2 | 120.2 | 237 | 244.5 | 365.8 | 315.4 | 204.7 | 341.1 | 316.3 | 273.9 | 228.0 | 125.1 | 48.9 | 33.7 | 58.7 | 60.7 | 40.0 | 52.5 | 49.9 | 44.6 | 33.2 | 42.0 | 19.3 | 20.8 | 14.6 | 3.4 | 4.0 | 6.9 | 0 | 0 |
| Other Investing Activities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (53.6) | 71.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (30.6) | (1.3) | 38.8 | (101.2) | 12.7 | (44.6) | (43.7) | 0.8 | 6.9 | 11.2 | 3.0 |
| Investing Cash Flow | 54.9 | 13.7 | 145.8 | 63.5 | 128.8 | 69.5 | 98.9 | 50.5 | 13.1 | (127.8) | (53.7) | 70 | 48.6 | 138.6 | 19.4 | 105.8 | 109 | 8.6 | (115.6) | (741.1) | (249.1) | (207.8) | 56.9 | 59.3 | 5.6 | 42.5 | (95.4) | (31.8) | (4.2) | 38.4 | (101.9) | 11.8 | (45.3) | (44.3) | 0.3 | 6.9 | 11.1 | 2.5 |
| Financing Activities | ||||||||||||||||||||||||||||||||||||||
| Net Debt Issuance | (0.1) | (0.1) | (0.1) | 0 | 0 | (0.1) | (0.1) | 0 | (0.1) | (0.2) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.1) | (0.0) | (0.0) | (0.0) | 2.0 | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) |
| Stock Repurchased | 0 | 0 | (74.1) | (17.8) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | (15.3) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.0 | 0 | 3.6 | 4.5 | (23.3) | 30.5 | 1.3 | 1.4 | 0.5 | 30.8 | 0.4 | 0 | 111.2 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Financing Cash Flow | 0.4 | (0.1) | (74) | (17.8) | 0.5 | (0.1) | 0.5 | 2.4 | 3.4 | 1.6 | 334.8 | 37.9 | 0.5 | 1.5 | 0.5 | 1.2 | 0.5 | 2.5 | 4.0 | 266.5 | 3.6 | 4.5 | 471.5 | 30.5 | 1.3 | 1.4 | 108.7 | 30.8 | 0.4 | (0.0) | 111.1 | 2.0 | (0.0) | 55.0 | (0.0) | (0.0) | (0.0) | (0.0) |
| Cash Position | ||||||||||||||||||||||||||||||||||||||
| Net Change in Cash | 7 | (55.6) | 41.4 | (13.4) | 33.9 | (19.5) | 15.3 | (75.1) | 66.8 | (223.7) | 198 | 23.1 | (39.6) | 48.9 | (51.3) | 40.4 | 30.9 | (46) | (147.4) | 206.9 | (292.9) | (242.3) | 499.4 | 67.4 | (14.5) | 26.9 | (2.9) | 0.8 | (17.4) | 25.6 | (3.0) | 2.8 | (57.5) | 29.9 | 28.5 | (0.6) | 2.5 | 0.5 |
| Cash at Beginning | 87.3 | 142.9 | 101.5 | 114.9 | 81 | 100.5 | 85.2 | 160.3 | 93.5 | 317.2 | 119.2 | 96.1 | 135.7 | 86.8 | 138.1 | 97.7 | 66.8 | 112.8 | 260.2 | 53.2 | 346.1 | 588.4 | 89.0 | 21.6 | 36.1 | 9.2 | 12.1 | 11.3 | 28.8 | 3.2 | 6.2 | 3.4 | 60.8 | 30.9 | 2.5 | 3.0 | 0.5 | 0 |
| Cash at End | 94.3 | 87.3 | 142.9 | 101.5 | 114.9 | 81 | 100.5 | 85.2 | 160.3 | 93.5 | 317.2 | 119.2 | 96.1 | 135.7 | 86.8 | 138.1 | 97.7 | 66.8 | 112.8 | 260.2 | 53.2 | 346.1 | 588.4 | 89.0 | 21.6 | 36.1 | 9.2 | 12.1 | 11.3 | 28.8 | 3.2 | 6.2 | 3.4 | 60.8 | 30.9 | 2.5 | 3.0 | 0.5 |
| Free Cash Flow | (48.5) | (70.5) | (30.6) | (59.2) | (96.6) | (89.3) | (84.4) | (128.7) | 49.6 | (97.6) | (83.2) | (85.9) | (89.3) | (92.3) | (72.3) | (68.8) | (80) | (59.2) | (37.6) | 680.2 | (47.9) | (40) | (30.9) | (23.8) | (23.2) | (18.3) | (18.0) | 0.7 | (16.5) | (13.1) | (12.9) | (11.9) | (12.8) | 18.7 | 27.7 | (7.4) | (8.6) | (7.6) |
| Key Metrics | 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 | 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 | 249.7 | 15.6 | 9.5 | 41.9 | 22.4 | 188.8 | 59.2 | 102.4 | 76.5 | 25.3 | (43.1) | 34.6 | 54.5 | 32.5 | 38 | 33.2 | 33.8 | 26.5 | 26.3 | 9.3 | 5.5 | 5.5 | 2.2 | 7.6 | 5.7 | 6.2 | 4.9 | 30.1 | 4.0 | 4.0 | 3.4 | 3.4 | 3.4 | 4.1 | 2.6 | 1.7 | 1.7 | 1.7 |
| Gross Profit | 240.7 | 14.5 | 8.3 | 41.9 | 22.4 | 188.8 | 59.2 | 102.4 | 74.8 | 23.6 | (44.8) | 32.9 | 52.9 | 30.8 | 35.9 | 31.1 | 31.9 | 24.4 | 24.7 | 9.3 | 5.5 | 5.5 | 2.2 | 7.6 | 5.7 | 6.2 | 4.9 | 30.1 | 4.0 | 4.0 | 3.4 | 3.4 | 3.4 | 4.1 | 2.6 | 1.7 | 1.7 | 1.7 |
| Operating Income | 164.1 | (62.7) | (71.7) | (43.8) | (71.5) | 71.4 | (58.2) | (60.3) | (48.5) | (83.3) | (165.3) | (73.9) | (74.6) | (87.7) | (75.4) | (64.3) | (65.8) | (57.7) | (54.4) | (47.3) | (51.9) | (41.7) | (43.2) | (31.7) | (26.5) | (23.4) | (22.8) | 5.5 | (18.4) | (15.8) | (16.9) | (14.1) | (8.5) | (4.3) | (5.3) | (6.4) | (6.7) | (6.3) |
| Net Income | 169.4 | (57.6) | (67.4) | (35.1) | (61.2) | 82.9 | (45.1) | (49.2) | (35.2) | (69.4) | (154.8) | (64) | (66.6) | (81.9) | (82.9) | (66.2) | (70) | (63.4) | (53) | (46.8) | (50.3) | (41) | (41.5) | (30.8) | (25.2) | (21.7) | (21.0) | (17.7) | (17.2) | (14.4) | (16.1) | (13.4) | (7.9) | (4.2) | (4.7) | (6.4) | (6.7) | (6.2) |
| EPS (Diluted) | 2.58 | -0.90 | -1.04 | -0.48 | -0.84 | 1.14 | -0.63 | -0.68 | -0.49 | -0.97 | -2.53 | -1.18 | -1.25 | -1.52 | -1.50 | -1.24 | -1.32 | -1.20 | -1.00 | -0.94 | -1.03 | -0.84 | -0.99 | -0.79 | -0.65 | -0.56 | -0.56 | -0.54 | -0.55 | -0.46 | -0.52 | -3.90 | -0.73 | -3.65 | -0.29 | -0.31 | -3.52 | -3.29 |
| Balance Sheet | ||||||||||||||||||||||||||||||||||||||
| Cash & Equivalents | 94.3 | 87.3 | 142.9 | 101.5 | 114.9 | 81 | 100.5 | 85.2 | 154.8 | 88 | 311.7 | 113.7 | 90.6 | 130.2 | 81.3 | 132.6 | 93.2 | 62.3 | 108.3 | 255.7 | 48.7 | 346.1 | 588.4 | 89.0 | 21.6 | 36.1 | 9.2 | 12.1 | 11.3 | 28.8 | 3.2 | 6.2 | 3.4 | 60.8 | 30.9 | (35.6) | ||
| Total Assets | 675.1 | 647.5 | 717.9 | 844.3 | 909.3 | 1,001.1 | 1,091.4 | 1,167.1 | 1,279.6 | 1,212.6 | 1,304.6 | 1,058.3 | 1,083.5 | 1,175.8 | 1,268.8 | 1,334.8 | 1,407 | 1,488.3 | 1,581.6 | 1,604.9 | 644.0 | 681.8 | 717.4 | 271.9 | 262.6 | 282.4 | 301.6 | 209.1 | 172.0 | 186.6 | 199.3 | 98.9 | 106.0 | 116.3 | 66.8 | 0 | ||
| Total Debt | 8.2 | 8.4 | 8.9 | 9.5 | 9.9 | 10.5 | 9.7 | 1.5 | 2.1 | 2.6 | 3.2 | 4 | 4.5 | 5 | 5.5 | 5.9 | 6.3 | 6.8 | 5 | 5.3 | 5.6 | 6.9 | 4.1 | 4.3 | 4.5 | 4.7 | 4.4 | 4.4 | 4.6 | 4.8 | 2.2 | 2.2 | 0.2 | 0.3 | 0.3 | 0 | ||
| Stockholders' Equity | 562.2 | 386.8 | 433.8 | 564.4 | 609.3 | 660.1 | 561.7 | 586 | 600.1 | 609.7 | 660 | 457.2 | 463.6 | 511 | 564.9 | 621.5 | 670.6 | 723.3 | 781.7 | 817.7 | 582.9 | 615.3 | 642.2 | 205.1 | 197.8 | 211.7 | 226.7 | 134.2 | 116.5 | 127.7 | 136.7 | 36.3 | 44.3 | 51.4 | 0.2 | 24.1 | ||
| Cash Flow | ||||||||||||||||||||||||||||||||||||||
| Operating Cash Flow | (48.3) | (69.2) | (30.4) | (59.1) | (95.4) | (88.9) | (84.1) | (128) | 50.3 | (97.5) | (83.1) | (84.8) | (88.7) | (91.2) | (71.2) | (66.6) | (78.6) | (57.1) | (35.8) | 681.5 | (47.4) | (39) | (29.0) | (22.4) | (21.4) | (16.9) | (16.2) | 1.9 | (13.6) | (12.7) | (12.3) | (11.0) | (12.2) | 19.3 | 28.2 | (7.4) | (8.5) | (7.1) |
| Capital Expenditure | (0.2) | (1.3) | (0.2) | (0.1) | (1.2) | (0.4) | (0.3) | (0.7) | (0.7) | (0.1) | (0.1) | (1.1) | (0.6) | (1.1) | (1.1) | (2.2) | (1.4) | (2.1) | (1.9) | (1.3) | (0.5) | (1) | (1.9) | (1.4) | (1.8) | (1.4) | (1.8) | (1.2) | (2.9) | (0.4) | (0.6) | (0.9) | (0.6) | (0.6) | (0.4) | 0.0 | (0.1) | (0.5) |
| Free Cash Flow | (48.5) | (70.5) | (30.6) | (59.2) | (96.6) | (89.3) | (84.4) | (128.7) | 49.6 | (97.6) | (83.2) | (85.9) | (89.3) | (92.3) | (72.3) | (68.8) | (80) | (59.2) | (37.6) | 680.2 | (47.9) | (40) | (30.9) | (23.8) | (23.2) | (18.3) | (18.0) | 0.7 | (16.5) | (13.1) | (12.9) | (11.9) | (12.8) | 18.7 | 27.7 | (7.4) | (8.6) | (7.6) |