ASTS - AST SpaceMobile, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$95.50
DETAILS
HIGH:
$108.00
LOW:
$78.00
MEDIAN:
$95.50
CONSENSUS:
$95.50
UPSIDE:
61.59%
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||
| Revenue | 31.5 | 14.7 | 54.3 | 14.7 | 1.2 | 0.7 | 1.9 | 1.1 | 0.9 | 0.5 | 0 | 0 | 0 | 0 | 0 | 4.2 | 7.3 | 2.4 | 6.2 | 2.5 | 2.8 | 1.0 | 2.7 | 2.1 | 0.4 | 0.8 | 0.7 | 0 | 0 |
| Cost of Revenue | 23.6 | 11.1 | 91.3 | 5.5 | 0 | 27.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.5 | 2.2 | 2.0 | 3.4 | 2.1 | 1.1 | 0.9 | 0.4 | 0.8 | 0.8 | 1.0 | 0.0 | 0.1 | 0 |
| Gross Profit | 8.0 | 3.7 | (37.0) | 9.2 | 1.2 | (26.5) | 1.9 | 1.1 | 0.9 | 0.5 | 0 | 0 | 0 | 0 | 0 | 1.6 | 5.1 | 0.4 | 2.8 | 0.3 | 1.7 | 0.1 | 2.3 | 1.3 | (0.4) | (0.3) | 0.6 | (0.1) | 0 |
| Operating Expenses | |||||||||||||||||||||||||||||
| R&D Expenses | 7.8 | 7.1 | 9.1 | 46.4 | 35.0 | 7.1 | 36.3 | 36.6 | 25.7 | 23.8 | 30.8 | 28.9 | 33.7 | 32.9 | 30.7 | 28.0 | 21.1 | 20.0 | 18.8 | 12.9 | 15.4 | 6.0 | 5.6 | 3.5 | 2.8 | 2.2 | 1.7 | 0 | 0 |
| SG&A Expenses | 63.9 | 43.7 | 26.2 | 29.8 | 27.2 | 18.4 | 15.9 | 15.6 | 17.8 | 12.3 | 10.5 | 11.0 | 10.2 | 9.9 | 10.7 | 12.9 | 13.1 | 11.6 | 11.6 | 9.3 | 9.2 | 5.5 | 4.7 | 2.8 | 2.6 | 2.2 | 1.8 | 0 | 0.0 |
| Other Expenses | 233.9 | 102.3 | 0 | 12.7 | 11.7 | 11.0 | 0 | 14.5 | 20.4 | 19.9 | 19.6 | 19.0 | 14.1 | 1.7 | 1.3 | 1.2 | 1.2 | 1.1 | 0 | 0.9 | 0.6 | 0.6 | 0 | 0.1 | 0.2 | 0 | 0 | 0 | 0 |
| Operating Expenses | 305.5 | 153.1 | 35.3 | 88.9 | 74.0 | 36.5 | 52.2 | 66.6 | 63.9 | 56 | 60.9 | 59.0 | 58.1 | 44.5 | 42.6 | 42.1 | 35.4 | 32.7 | 30.4 | 23.1 | 25.1 | 12.1 | 10.3 | 6.5 | 5.6 | 4.4 | 3.5 | 0.1 | 0.0 |
| Operating Income | |||||||||||||||||||||||||||||
| Operating Income | (297.6) | (149.4) | (72.3) | (79.7) | (72.8) | (63.0) | (50.3) | (65.5) | (63.0) | (55.5) | (60.9) | (59.0) | (58.1) | (44.5) | (42.6) | (40.5) | (30.3) | (32.3) | (27.6) | (22.8) | (23.4) | (12.1) | (8.0) | (5.2) | (6.0) | (4.6) | (2.9) | (0.1) | (0.0) |
| Interest Expense | 26.1 | 24.3 | 2.7 | 7.5 | 5.7 | 4.7 | 14.7 | 5.4 | 4.9 | 4.5 | 1.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 27.7 | 27.0 | 28.5 | 12.2 | 8.0 | 8.2 | 16.0 | 4.0 | 2.7 | 2.3 | 0 | 0.5 | 1.7 | 2.1 | 2.6 | 0 | 0 | 0 | 0 | 0.0 | 0.0 | 0.0 | 0 | 0.0 | 0.0 | 0.9 | 1.0 | 0 | 0 |
| Profitability | |||||||||||||||||||||||||||||
| EBITDA | (252.1) | (206.5) | (77.0) | (143.2) | (117.8) | (47.5) | (50.3) | (286.5) | (105.8) | (15.1) | (55.4) | (31.5) | (36.2) | (43.1) | (23.6) | (30.3) | (6.8) | (36.7) | (27.6) | 17.7 | (64.5) | (11.4) | (7.8) | (5.1) | (5.8) | (4.6) | (2.9) | 0.1 | (0.0) |
| EBIT | (272.7) | (224.1) | (92.4) | (155.9) | (129.5) | (58.7) | (58.7) | (301.0) | (126.2) | (35.0) | (75.0) | (50.5) | (50.4) | (45.1) | (25.2) | (31.5) | (8.0) | (37.8) | (28.5) | 16.8 | (65.1) | (12.1) | (8.4) | (5.2) | (6.0) | (4.7) | (2.9) | 0.1 | (0.0) |
| Income Before Tax | (298.8) | (248.4) | (95.0) | (163.5) | (135.2) | (63.5) | (51.9) | (302.4) | (131.1) | (39.5) | (75.0) | (50.5) | (50.4) | (45.1) | (25.2) | (31.5) | (8.0) | (37.8) | (12.5) | 16.8 | (65.1) | (12.1) | (8.4) | (5.2) | (5.9) | (4.7) | (3.0) | 0.1 | (0.0) |
| Income Tax Expense | 1.1 | 1.2 | 2.6 | 0.4 | 0.7 | 0.2 | 0.2 | 0.6 | 0.2 | 0.3 | 2.1 | 0.3 | (0.8) | 0.1 | (0.1) | 0.6 | 0.1 | 0.1 | 0.3 | 0.0 | 0.1 | 0.0 | 0.1 | 0 | 0 | 0 | 0.0 | 0.0 | 0 |
| Net Income | (230.9) | (191.0) | (74.0) | (122.9) | (99.4) | (45.7) | (35.9) | (171.9) | (72.5) | (19.7) | (31.9) | (20.9) | (18.4) | (16.3) | (8.2) | (9.8) | (2.9) | (10.7) | (3.1) | 4.1 | (20.0) | (11.6) | (8.5) | (5.5) | (5.6) | (4.4) | (3.2) | 0.1 | (0.0) |
| Per Share Data | |||||||||||||||||||||||||||||
| EPS (Basic) | -0.77 | -0.66 | -0.28 | -0.45 | -0.41 | -0.20 | -0.18 | -1.10 | -0.51 | -0.16 | -0.35 | -0.23 | -0.24 | -0.23 | -0.13 | -0.18 | -0.06 | -0.21 | -0.06 | 0.08 | -0.39 | -0.22 | -0.30 | -0.19 | -0.19 | -0.15 | -0.11 | 0.00 | – |
| EPS (Diluted) | -0.77 | -0.66 | -0.28 | -0.45 | -0.41 | -0.20 | -0.18 | -1.10 | -0.51 | -0.16 | -0.35 | -0.23 | -0.24 | -0.23 | -0.13 | -0.18 | -0.06 | -0.21 | -0.06 | 0.07 | -0.39 | -0.22 | -0.30 | -0.19 | -0.19 | -0.15 | -0.11 | 0.00 | – |
| Shares Outstanding | 299.1 | 290.7 | 256.0 | 272.8 | 242.0 | 224.0 | 199.2 | 155.6 | 141.2 | 121.4 | 90.0 | 89.5 | 75.6 | 71.8 | 61.6 | 53.2 | 51.9 | 51.8 | 51.7 | 51.7 | 51.7 | 51.7 | 28.8 | 28.8 | 28.8 | 28.8 | 28.8 | 28.8 | 28.8 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 2,288.3 | 3,029.6 | 2,335.7 | 1,204.3 | 923.6 | 873.8 | 565.0 | 516.4 | 285.1 | 210.0 | 85.6 | 135.7 | 190.8 | 185.0 | 239.3 | 198.9 | 202.4 | 253.7 | 321.8 | 360.4 | 402.6 | 22.2 | 42.8 | 63.1 | 0.4 | 0.5 | 26.5 | 0 |
| Short-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 | 230.2 |
| Net Receivables | 79.3 | 27.5 | 37.7 | 11.5 | 0 | 0 | 0 | 0 | 0 | 0 | 1.2 | 2.4 | 0 | 0 | 1.7 | 0 | 3.6 | 2.6 | 2.2 | 1.3 | 1.3 | 1.1 | 2.1 | 0.8 | 0 | 0 | 0.3 | 0 |
| Inventory | 28.4 | 16.8 | 12.0 | 10.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.5 | 1.8 | 1.4 | 2.7 | 3.7 | 2.9 | 2.6 | 1.9 | 0 | 0 | 0.2 | 0 |
| Other Current Assets | 80.9 | 68.1 | 61.1 | 41.1 | 39.3 | 14.7 | 27.4 | 22.2 | 22.7 | 24.5 | 15.5 | 0.4 | 23.6 | 38.8 | 0.3 | 20.8 | 16.4 | 11.2 | 7.6 | 2.1 | 1.5 | 6.8 | 2.2 | 0.9 | 0 | 0 | 0.3 | 0 |
| Total Current Assets | 2,493.6 | 3,152.6 | 2,458.5 | 1,277.0 | 973.2 | 894.6 | 600.2 | 545.6 | 315.2 | 239.5 | 106.9 | 163.1 | 221.6 | 227.1 | 268.3 | 225.3 | 232.9 | 272.9 | 335.8 | 370.6 | 414.6 | 34.0 | 50.9 | 67.7 | 0.5 | 0.7 | 27.7 | 230.2 |
| Non-Current Assets | ||||||||||||||||||||||||||||
| Property, Plant & Equipment | 2,090.6 | 1,657.6 | 1,418.2 | 1,023.3 | 776.6 | 464.2 | 351.7 | 272.2 | 260.5 | 258.1 | 251.7 | 237.5 | 185.1 | 171.9 | 153.7 | 143.5 | 132.0 | 122.8 | 103.9 | 83.4 | 61.0 | 55.7 | 44.1 | 31.6 | 0 | 0 | 3.8 | 0 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.4 | 3.5 | 3.6 | 3.7 | 3.8 | 3.8 | 3.9 | 3.7 | 0 | 0 | 3.6 | 0 |
| Intangible Assets | 298.7 | 267.7 | 245.1 | 213.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.2 | 0.2 | 0.3 | 0.4 | 0.5 | 0.5 | 0.6 | 0 | 0 | 0.7 | 0 |
| Long-Term Investments | 0 | 0 | 443.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 232 | 232.3 | 0 | 0 |
| Other Non-Current Assets | 543.6 | 973.3 | 449.2 | 36.8 | 131.5 | 10.8 | 2.6 | 3.9 | 4.0 | 4.1 | 2.3 | 1.6 | 1.8 | 1.7 | 16.4 | 17.4 | 16.5 | 15.1 | 0.3 | 3.0 | 2.9 | 0.2 | 0.2 | 0.2 | 0.1 | 0 | 0.2 | 0 |
| Total Non-Current Assets | 2,932.9 | 2,898.5 | 2,555.9 | 1,273.9 | 908.1 | 475.1 | 354.3 | 276.0 | 264.5 | 262.2 | 254.0 | 239.1 | 186.9 | 173.6 | 170.1 | 161.0 | 151.9 | 141.7 | 108.1 | 90.4 | 68.1 | 60.1 | 48.7 | 36.1 | 232.1 | 232.3 | 8.2 | 0 |
| Total Assets | 5,854.9 | 6,051.1 | 5,014.4 | 2,550.9 | 1,881.4 | 1,369.7 | 954.6 | 821.6 | 579.6 | 501.7 | 360.9 | 402.1 | 408.5 | 400.7 | 438.4 | 386.3 | 384.9 | 414.6 | 443.9 | 461.0 | 482.6 | 94.2 | 99.6 | 103.8 | 232.6 | 232.9 | 35.9 | 230.2 |
| Current Liabilities | ||||||||||||||||||||||||||||
| Account Payables | 60.6 | 60.9 | 46.8 | 50.7 | 22.7 | 10.8 | 17.0 | 9.0 | 12.2 | 14.5 | 20.6 | 7.8 | 5.1 | 11.3 | 13.9 | 9.5 | 5.2 | 6.9 | 6.6 | 6.7 | 6.3 | 5.8 | 5.0 | 5.0 | 0 | 0 | 1.6 | 0 |
| Short-Term Debt | 8.5 | 8.2 | 12.0 | 8.9 | 7.6 | 3.7 | 2.9 | 46.2 | 0.3 | 0.3 | 0.3 | 1.4 | 0 | 0 | 0.7 | 0 | 0.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.8 | 0 |
| Deferred Revenue | 14.8 | 25.9 | 0 | 23.1 | 43.1 | 41.8 | 42.0 | 22.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.6 | 0 | 5.1 | 0 | 3.4 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 8.1 | 61.5 | 5.9 | 4.8 | 3.4 | 3.0 | (1.5) | 21.8 | 0 | 4.7 | 17.7 | 0 | 0 | 10.8 | 0 | 7.5 | 7.8 | 1.7 | 4.8 | 0 | 11.8 | 0.5 | 3.0 | 0 | 0.2 | 2.7 | 0 |
| Total Current Liabilities | 191.0 | 170.7 | 150.3 | 133.6 | 118.3 | 84.2 | 75.9 | 94.1 | 49.4 | 31.9 | 46.2 | 26.9 | 30.7 | 35.5 | 27.8 | 21.2 | 22.2 | 22.9 | 21.4 | 15.4 | 15.6 | 19.7 | 13.1 | 9.7 | 0.2 | 0.4 | 6.2 | 0 |
| Non-Current Liabilities | ||||||||||||||||||||||||||||
| Long-Term Debt | 2,963.4 | 2,963.3 | 2,207.6 | 697.6 | 482.5 | 462.2 | 155.6 | 156.3 | 199.5 | 160.8 | 59.3 | 58.5 | 4.6 | 4.7 | 4.8 | 4.8 | 4.9 | 4.9 | 5 | 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 | 0.1 | 0 | 0 |
| Other Non-Current Liabilities | 32.7 | 32.4 | 39.6 | 36.4 | 109.5 | 44.5 | 41.2 | 57.5 | 77.9 | 11.7 | 30.0 | 17.5 | 25.0 | 31.4 | 38.9 | 56.4 | 40.5 | 63.5 | 58.1 | 76.1 | 115.5 | 0 | 0 | 0 | 8.1 | 8.1 | 0 | 0 |
| Total Non-Current Liabilities | 3,266.3 | 3,219.6 | 2,471.7 | 791.3 | 605.3 | 518.8 | 209.5 | 224.8 | 288.4 | 184.0 | 101.1 | 88.0 | 41.9 | 48.2 | 50.8 | 68.4 | 52.4 | 75.8 | 70.6 | 82.5 | 121.8 | 6.4 | 6.5 | 5.7 | 8.1 | 8.1 | 0 | 0 |
| Total Liabilities | 3,457.3 | 3,390.3 | 2,622.1 | 924.9 | 723.6 | 603.0 | 285.4 | 318.8 | 337.8 | 215.9 | 147.3 | 114.9 | 72.6 | 83.8 | 78.5 | 89.6 | 74.6 | 98.7 | 92.0 | 97.9 | 137.5 | 26.2 | 19.7 | 15.4 | 8.3 | 8.5 | 6.2 | 0 |
| 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 | 5.8 | 0 | 5.6 | 219.3 | 219.4 | 5.2 | 0 |
| Retained Earnings | (1,253.6) | (1,022.7) | (831.7) | (757.7) | (634.8) | (535.5) | (489.7) | (453.9) | (281.9) | (209.4) | (189.7) | (157.7) | (136.8) | (118.4) | (102.1) | (93.9) | (84.1) | (81.2) | (70.5) | (67.4) | (71.5) | (51.5) | (39.9) | (31.4) | 1.5 | 1.5 | (15.8) | 0 |
| Accumulated Other Comprehensive Income | 1.5 | 1.1 | 1.4 | 1.2 | 1.1 | 0.1 | (0.2) | 0.4 | 0.1 | 0.1 | 0.2 | 0.0 | 0.2 | 0.2 | 0.2 | (0.3) | (0.5) | (0.5) | (0.4) | (0.4) | (0.4) | (0.4) | (0.2) | (0.3) | 0 | 0 | (0.4) | 0 |
| Total Stockholders' Equity | 1,894.0 | 2,079.4 | 1,841.5 | 1,240.5 | 867.4 | 568.6 | 479.1 | 308.9 | 145.2 | 164.5 | 99.0 | 127.8 | 146.2 | 118.7 | 133.5 | 91.3 | 90.8 | 91.0 | 100.3 | 101.7 | 96.5 | 66.1 | 77.5 | 86.0 | 224.3 | 224.4 | 27.1 | 0 |
| Total Liabilities & Equity | 5,854.9 | 6,051.1 | 5,014.4 | 2,550.9 | 1,881.4 | 1,369.7 | 954.6 | 821.6 | 579.6 | 501.7 | 360.9 | 402.1 | 408.5 | 400.7 | 438.4 | 386.3 | 384.9 | 414.6 | 443.9 | 461.0 | 482.6 | 94.2 | 99.6 | 103.8 | 232.6 | 232.9 | 35.9 | 230.2 |
| Debt Metrics | ||||||||||||||||||||||||||||
| Total Debt | 2,993.7 | 2,991.4 | 2,239.5 | 722.5 | 505.6 | 479.8 | 173 | 215.0 | 212.3 | 174.0 | 72.9 | 71.9 | 18.3 | 17.8 | 12.5 | 12.8 | 13.1 | 13.2 | 13.2 | 6.9 | 6.8 | 6.9 | 7.0 | 6.1 | 0 | 0 | 1.8 | 0 |
| Net Debt | 705.5 | (38.2) | (96.2) | (481.8) | (418.0) | (394.0) | (392.0) | (301.4) | (72.8) | (36.0) | (12.8) | (63.8) | (172.6) | (167.3) | (226.7) | (186.1) | (189.3) | (240.6) | (308.6) | (353.5) | (395.8) | (15.3) | (35.7) | (57.0) | (0.4) | (0.5) | (24.7) | 0 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||||
| Net Income | (299.9) | (191.0) | (97.7) | (122.9) | (135.9) | (63.6) | (52.1) | (303.1) | (131.3) | (39.8) | (31.9) | (50.7) | (49.6) | (45.2) | (25.1) | (32.1) | (8.1) | (37.9) | (12.8) | 16.8 | (65.2) | (12.1) | (8.5) | (5.2) | (5.6) | 7.8 | (3.2) | 0.1 |
| Depreciation & Amortization | 20.7 | 17.6 | 15.7 | 15.0 | 11.7 | 11.0 | 8.5 | 14.5 | 20.4 | 19.9 | 19.6 | 19.0 | 14.1 | 1.7 | 1.3 | 1.2 | 1.2 | 1.1 | 0.9 | 0.9 | 0.6 | 0.6 | 0.5 | 0.1 | 0.2 | 0 | 0.0 | 0 |
| Stock-Based Compensation | 63.5 | 55.4 | 15.2 | 14.0 | 10.5 | 7.8 | 11.4 | 6.8 | 8.9 | 4.9 | 2.7 | 2.6 | 5.5 | 2.5 | 2.3 | 2.4 | 2.4 | 2.3 | 1.8 | 1.3 | 0.2 | 0.4 | 0 | 0.2 | 0 | 0 | 0.0 | 0 |
| Change in Working Capital | (52.4) | 27.3 | 105.1 | (33.0) | 4.7 | 12.3 | 13.8 | 10.2 | 13.6 | (15.9) | 17.2 | 0.2 | (13.9) | 10.8 | 3.2 | 4.1 | (13.8) | (18.6) | 6.6 | 0.1 | (7.4) | 2.5 | (1.5) | 1.1 | (1.3) | 0.1 | 0.5 | 0 |
| Other Non-Cash Items | 171.0 | 42.7 | 26.7 | 62.4 | 65.4 | 4.0 | (10.0) | 238.1 | 72.3 | (17.3) | (46.5) | (7.1) | 0.1 | (7.5) | (16.7) | (8.5) | (22.8) | 5.7 | (18.0) | 0.1 | 41.9 | 0.1 | (0.1) | 0.1 | (4.2) | (8.2) | (0.9) | (0.1) |
| Operating Cash Flow | (97.2) | (48.1) | 65.0 | (64.5) | (43.5) | (28.5) | (28.4) | (33.4) | (16.2) | (48.1) | (24.9) | (36.1) | (50.3) | (37.7) | (35.0) | (32.9) | (41.0) | (47.5) | (21.5) | (20.2) | (29.8) | (8.5) | (9.7) | (3.7) | (9.2) | (0.2) | (3.5) | 0.1 |
| Investing Activities | ||||||||||||||||||||||||||||
| Capital Expenditure | (597.6) | (261.6) | (395.7) | (238.4) | (310.2) | (120.5) | (82.0) | (30.3) | (22.2) | (39.6) | (22.3) | (73.5) | (7.6) | (15.4) | (11.4) | (12.2) | (12.0) | (21.6) | (14.3) | (21.9) | (7.2) | (11.4) | (9.7) | (11.4) | (9.3) | (0.0) | (2.0) | 0 |
| Acquisitions | 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 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of 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 |
| Other Investing Activities | (2.8) | (117.7) | (448.4) | (28.0) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 26.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.2) | 0.2 | 0 | 0 |
| Investing Cash Flow | (600.5) | (379.3) | (844.1) | (266.4) | (310.2) | (120.5) | (82.0) | (30.3) | (22.2) | (39.6) | (22.3) | (73.5) | (7.6) | (15.4) | (11.5) | 13.8 | (12.0) | (21.6) | (14.3) | (21.9) | (7.2) | (11.4) | (9.7) | (11.4) | (9.5) | 0.2 | (2.0) | 0 |
| Financing Activities | ||||||||||||||||||||||||||||
| Net Debt Issuance | 0 | 1,042.6 | 2,410.1 | (274.5) | 23.4 | 449.2 | (48.6) | (0.1) | 34.9 | 109.9 | (0.1) | 63.4 | (0.1) | (0.1) | 0 | 0 | 0.1 | 0.1 | 0.0 | 0 | 0 | 0 | 0.1 | 0 | (1.8) | 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 | (0.1) | 0 | 0 | (7.7) | 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 |
| Other Financing Activities | (37.0) | (20.1) | (4.3) | (78.6) | (4.8) | (7.8) | (4.9) | 145.8 | (0.9) | (5.9) | (0.9) | (10.4) | (0.6) | 0 | 0.1 | 0.0 | 0 | 0 | 0 | 0 | 417.5 | (0.5) | (0.8) | 0 | 0 | 0 | 30.9 | 0 |
| Financing Cash Flow | (34.0) | 1,105.3 | 2,340.4 | 611.4 | 419.8 | 455.9 | 159.5 | 294.7 | 113.6 | 212.2 | (0.6) | 53.7 | 63.6 | 0.0 | 85.0 | 17.0 | 0.1 | 0.1 | 0.1 | 0 | 417.5 | (0.6) | (0.7) | 0 | 70.3 | 0 | 30.9 | 0 |
| Cash Position | ||||||||||||||||||||||||||||
| Net Change in Cash | (736.0) | 678.9 | 1,559.8 | 280.7 | 64.9 | 306.9 | 48.6 | 231.3 | 75.1 | 124.3 | (47.6) | (55.7) | 5.8 | (53.6) | 39.7 | (2.8) | (52.7) | (69.4) | (35.9) | (42.2) | 380.4 | (20.6) | 42.4 | (15.1) | (0.1) | 0.0 | 25.8 | 0.1 |
| Cash at Beginning | 3,458.9 | 2,780.0 | 1,220.1 | 939.4 | 874.5 | 567.5 | 518.9 | 287.6 | 212.4 | 88.1 | 135.7 | 191.5 | 185.7 | 239.3 | 199.5 | 202.4 | 255.1 | 324.5 | 360.4 | 402.6 | 22.2 | 42.8 | 0.4 | 78.1 | 0.5 | 0.5 | 0.7 | 0 |
| Cash at End | 2,722.8 | 3,458.9 | 2,780.0 | 1,220.1 | 939.4 | 874.5 | 567.5 | 518.9 | 287.6 | 212.4 | 88.1 | 135.7 | 191.5 | 185.7 | 239.3 | 199.5 | 202.4 | 255.1 | 324.5 | 360.4 | 402.6 | 22.2 | 42.8 | 63.1 | 0.4 | 0.5 | 26.5 | 0.1 |
| Free Cash Flow | (694.8) | (309.7) | (330.7) | (302.9) | (353.6) | (149.0) | (110.5) | (63.8) | (38.4) | (87.7) | (47.2) | (109.5) | (57.8) | (53.1) | (46.5) | (45.2) | (53.0) | (69.1) | (35.8) | (42.1) | (37.0) | (19.9) | (19.4) | (15.1) | (18.5) | (0.2) | (5.4) | 0.1 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||||||||||||||
| Revenue | 31.5 | 14.7 | 54.3 | 14.7 | 1.2 | 0.7 | 1.9 | 1.1 | 0.9 | 0.5 | 0 | 0 | 0 | 0 | 0 | 4.2 | 7.3 | 2.4 | 6.2 | 2.5 | 2.8 | 1.0 | 2.7 | 2.1 | 0.4 | 0.8 | 0.7 | 0 | 0 |
| Gross Profit | 8.0 | 3.7 | (37.0) | 9.2 | 1.2 | (26.5) | 1.9 | 1.1 | 0.9 | 0.5 | 0 | 0 | 0 | 0 | 0 | 1.6 | 5.1 | 0.4 | 2.8 | 0.3 | 1.7 | 0.1 | 2.3 | 1.3 | (0.4) | (0.3) | 0.6 | (0.1) | 0 |
| Operating Income | (297.6) | (149.4) | (72.3) | (79.7) | (72.8) | (63.0) | (50.3) | (65.5) | (63.0) | (55.5) | (60.9) | (59.0) | (58.1) | (44.5) | (42.6) | (40.5) | (30.3) | (32.3) | (27.6) | (22.8) | (23.4) | (12.1) | (8.0) | (5.2) | (6.0) | (4.6) | (2.9) | (0.1) | (0.0) |
| Net Income | (230.9) | (191.0) | (74.0) | (122.9) | (99.4) | (45.7) | (35.9) | (171.9) | (72.5) | (19.7) | (31.9) | (20.9) | (18.4) | (16.3) | (8.2) | (9.8) | (2.9) | (10.7) | (3.1) | 4.1 | (20.0) | (11.6) | (8.5) | (5.5) | (5.6) | (4.4) | (3.2) | 0.1 | (0.0) |
| EPS (Diluted) | -0.77 | -0.66 | -0.28 | -0.45 | -0.41 | -0.20 | -0.18 | -1.10 | -0.51 | -0.16 | -0.35 | -0.23 | -0.24 | -0.23 | -0.13 | -0.18 | -0.06 | -0.21 | -0.06 | 0.07 | -0.39 | -0.22 | -0.30 | -0.19 | -0.19 | -0.15 | -0.11 | 0.00 | – |
| Balance Sheet | |||||||||||||||||||||||||||||
| Cash & Equivalents | 2,288.3 | 3,029.6 | 2,335.7 | 1,204.3 | 923.6 | 873.8 | 565.0 | 516.4 | 285.1 | 210.0 | 85.6 | 135.7 | 190.8 | 185.0 | 239.3 | 198.9 | 202.4 | 253.7 | 321.8 | 360.4 | 402.6 | 22.2 | 42.8 | 63.1 | 0.4 | 0.5 | 26.5 | 0 | |
| Total Assets | 5,854.9 | 6,051.1 | 5,014.4 | 2,550.9 | 1,881.4 | 1,369.7 | 954.6 | 821.6 | 579.6 | 501.7 | 360.9 | 402.1 | 408.5 | 400.7 | 438.4 | 386.3 | 384.9 | 414.6 | 443.9 | 461.0 | 482.6 | 94.2 | 99.6 | 103.8 | 232.6 | 232.9 | 35.9 | 230.2 | |
| Total Debt | 2,993.7 | 2,991.4 | 2,239.5 | 722.5 | 505.6 | 479.8 | 173 | 215.0 | 212.3 | 174.0 | 72.9 | 71.9 | 18.3 | 17.8 | 12.5 | 12.8 | 13.1 | 13.2 | 13.2 | 6.9 | 6.8 | 6.9 | 7.0 | 6.1 | 0 | 0 | 1.8 | 0 | |
| Stockholders' Equity | 1,894.0 | 2,079.4 | 1,841.5 | 1,240.5 | 867.4 | 568.6 | 479.1 | 308.9 | 145.2 | 164.5 | 99.0 | 127.8 | 146.2 | 118.7 | 133.5 | 91.3 | 90.8 | 91.0 | 100.3 | 101.7 | 96.5 | 66.1 | 77.5 | 86.0 | 224.3 | 224.4 | 27.1 | 0 | |
| Cash Flow | |||||||||||||||||||||||||||||
| Operating Cash Flow | (97.2) | (48.1) | 65.0 | (64.5) | (43.5) | (28.5) | (28.4) | (33.4) | (16.2) | (48.1) | (24.9) | (36.1) | (50.3) | (37.7) | (35.0) | (32.9) | (41.0) | (47.5) | (21.5) | (20.2) | (29.8) | (8.5) | (9.7) | (3.7) | (9.2) | (0.2) | (3.5) | 0.1 | |
| Capital Expenditure | (597.6) | (261.6) | (395.7) | (238.4) | (310.2) | (120.5) | (82.0) | (30.3) | (22.2) | (39.6) | (22.3) | (73.5) | (7.6) | (15.4) | (11.4) | (12.2) | (12.0) | (21.6) | (14.3) | (21.9) | (7.2) | (11.4) | (9.7) | (11.4) | (9.3) | (0.0) | (2.0) | 0 | |
| Free Cash Flow | (694.8) | (309.7) | (330.7) | (302.9) | (353.6) | (149.0) | (110.5) | (63.8) | (38.4) | (87.7) | (47.2) | (109.5) | (57.8) | (53.1) | (46.5) | (45.2) | (53.0) | (69.1) | (35.8) | (42.1) | (37.0) | (19.9) | (19.4) | (15.1) | (18.5) | (0.2) | (5.4) | 0.1 | |