A10 Networks, Inc. logo ATEN - A10 Networks, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 11
HOLD 9
SELL 0
STRONG
SELL
0
| PRICE TARGET: $20.33 DETAILS
HIGH: $27.00
LOW: $9.00
MEDIAN: $25.00
CONSENSUS: $20.33
DOWNSIDE: 30.28%
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 2012 Q3
Revenue
Revenue 75 80.4 74.7 69.4 66.1 74.2 66.7 60.1 60.7 70.4 57.8 65.8 57.7 77.6 72.1 68.0 62.7 70.7 65.4 59.2 54.8 62.7 56.6 52.5 53.8 60.3 52.8 49.2 50.3 61.8 60.5 60.7 49.2 60.0 61.4 53.7 60.3 64.0 55.1 57.1 53.8 56.6 50.8 47.5 44.0 45.2 43.4 45.1 45.7 42.2 39.8 30.1 29.6 34.3 31.3
Cost of Revenue 14.8 17.1 14.8 14.7 13.4 14.9 13.0 12.0 11.4 13.3 11.0 13.5 10.2 15.7 14.8 13.5 12.8 14.2 13.2 13.6 12.5 13.5 13.1 11.4 12.1 13.4 11.9 11.3 12.2 13.8 13.0 13.2 11.9 12.7 13.8 12.7 14.1 14.5 12.9 14.2 13.2 13.7 12.7 11.6 10.8 10.8 11.8 10.3 10.1 11.1 8.7 6.9 6.6 6.3 6.4
Gross Profit 60.2 63.3 59.9 54.7 52.7 59.3 53.7 48.1 49.2 57.1 46.8 52.4 47.5 61.9 57.3 54.5 49.8 56.5 52.2 45.5 42.3 49.2 43.5 41.1 41.6 46.9 40.9 37.9 38.0 48.0 47.5 47.5 37.3 47.3 47.7 41.0 46.1 49.5 42.1 42.9 40.6 43.0 38.1 35.9 33.2 34.4 31.7 34.8 35.7 31.1 31.1 23.2 23.0 28.0 25.0
Operating Expenses
R&D Expenses 19.0 18.6 18.4 16.3 15.9 13.2 15.7 14.7 14.1 12.0 17.6 14.0 11.7 16.9 14.4 14.2 12.9 13.0 13.6 13.5 14.0 15.6 13.7 13.4 15.3 15.3 15.8 14.6 16.2 15.3 15.5 15.6 18.8 13.5 16.0 16.5 17.0 15.5 16.0 14.5 14.8 13.3 13.6 13.7 14.3 14.5 12.3 11.9 11.2 8.7 8.5 8.3 7.8 7.2 6.8
SG&A Expenses 27.7 29.6 28.5 28.1 28.0 27.7 27.5 25.4 28.0 27.2 26.9 26.1 29.6 28.7 27.3 27.1 28.9 31.6 28.3 24.8 24.3 25.8 23.6 23.7 26.5 29.0 24.9 29.7 32.8 35.2 33.6 35.6 38.5 29.7 33.8 32.5 33.4 33.4 30.6 34.0 33.4 36.2 32.7 30.7 32.0 33.6 29.8 29.5 26.9 25.5 22.0 19.4 19.4 18.5 15.0
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 2.5 0 0 0 0 (0.1) (0.4) 0 0 (0.0) (0.0) 0 0 0 0 0 (0.2) 0 (0.2) 0 0 0 (0.1) (0.0) 0 (0.1) 0 0 0 0
Operating Expenses 46.7 48.2 46.9 44.4 43.9 40.9 43.2 40.1 42.0 39.1 44.6 40.1 41.3 45.6 41.6 41.3 41.8 44.6 41.9 38.3 38.3 41.4 37.2 37.2 41.8 46.8 40.7 44.3 49.0 50.4 49.1 51.2 57.3 43.2 49.8 49.0 50.5 48.8 46.6 48.5 48.2 49.5 46.2 44.3 46.4 48.0 42.1 41.4 38.1 34.2 30.5 27.8 27.2 30.1 27.8
Operating Income
Operating Income 13.5 15.1 13.0 10.3 8.8 18.4 10.4 7.9 7.2 18.0 2.2 12.3 6.2 16.3 15.7 13.1 8.0 11.8 10.3 7.2 4.0 7.8 6.2 3.9 (0.2) 0.1 0.2 (6.4) (11.0) (2.4) (1.6) (3.7) (20.0) 4.1 (2.1) (8.0) (4.3) 0.6 (4.5) (5.8) (9.4) (6.8) (8.6) (9.4) (13.6) (13.9) (11.4) (0.7) (4.3) (4.8) (1.1) (9.3) (7.6) 2.3 3.2
Interest Expense 0 0 0 1.4 0.1 1.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1.2 0 0 0.0 0 0.0 0.0 0.0 0.2 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.0 0 0.1 0.1 0.1 0.1 0.2 0.1 0.1 0.1 0.2 0.1 0.6 0.1 1.4 0.0 0.0 0 0
Interest Income 3.4 3.5 1.5 3.0 1.8 1.7 1.6 1.8 4.0 1.6 1.8 0.7 1.0 0.6 0.4 0.2 0 0 0.1 0 0 0.5 0.5 0.2 0.2 0.5 0.3 0.8 0 1.3 0 0 0.6 0.2 0 0 0.8 0 0.3 1.0 0.2 0 0.0 0 0.0 0 0 0 0 0 0 0 0 0.0 0.1
Profitability
EBITDA 17.5 20.1 17.7 17.0 14.0 21.4 13.2 10.7 9.9 20.5 4.7 14.5 8.3 19.4 17.5 15.0 9.8 13.7 12.6 9.6 6.4 10.8 9.4 6.9 3.1 3.2 2.7 (3.1) (9.2) 0.7 0.2 (2.1) (17.3) 6.6 0.2 (5.6) 0.4 0.8 (2.0) (3.8) (7.3) (4.6) (6.5) (6.4) (10.6) (10.8) (8.4) (0.7) (2.1) (1.8) 0.7 (8.2) (6.9) 3.8 4.4
EBIT 13.5 16.0 14.0 13.3 10.6 18.4 10.4 7.9 7.2 18.0 2.2 12.3 6.2 17.6 15.7 13.1 8.0 11.8 10.3 7.2 4.0 8.3 6.7 4.1 (0.2) 0.6 0.2 (5.6) (11.6) (1.2) (1.7) (4.1) (19.4) 4.4 (2.2) (8.1) (3.5) (1.6) (4.2) (4.8) (9.2) (7.0) (8.6) (9.6) (13.5) (15.1) (11.9) (0.9) (4.3) (5.5) (1.1) (10.0) (8.3) 2.3 3.2
Income Before Tax 14.2 16.0 14.0 11.9 10.5 21.5 14.4 11.0 11.2 19.1 5.0 14.8 4.9 16.4 15.2 13.6 7.5 11.6 10.1 7.1 2.8 8.3 6.7 4.1 0.0 0.6 0.4 (5.7) (11.8) (1.2) (1.7) (4.2) (19.5) 4.3 (2.2) (8.1) (3.5) (1.6) (4.4) (4.9) (9.3) (7.1) (8.8) (9.7) (13.7) (15.3) (12.1) (1.0) (4.9) (5.5) (2.5) (10.1) (8.3) (2.1) (2.7)
Income Tax Expense 2.2 6.2 1.8 1.4 0.9 3.2 1.8 1.5 1.5 1.2 (1.5) 3.2 1.0 (1.7) 3.1 3.2 1.1 0.9 (64.8) 0.5 0.2 0.4 0.3 0.3 0.3 0.5 0.3 0.1 0.5 0.4 0.1 0.4 0.2 0.2 0.5 0.1 0.4 0.2 0.3 0.1 0.2 0.2 0.2 0.2 0.1 0.8 0.2 0.3 0.2 0.1 0.2 0.2 0.2 0.3 0.2
Net Income 12.0 9.9 12.2 10.5 9.5 18.3 12.6 9.5 9.7 17.9 6.5 11.6 4.0 18.0 12.1 10.4 6.3 10.7 74.9 6.6 2.7 7.8 6.5 3.8 (0.3) 0.1 0.2 (5.8) (12.3) (1.6) (1.8) (4.5) (19.7) 4.1 (2.7) (8.3) (3.9) (1.8) (4.7) (4.9) (9.5) (7.4) (9.0) (10.0) (13.7) (16.0) (12.3) (1.3) (5.1) (5.6) (2.7) (10.2) (8.5) (2.4) (2.9)
Per Share Data
EPS (Basic) 0.17 0.14 0.17 0.15 0.13 0.25 0.17 0.13 0.13 0.24 0.09 0.16 0.05 0.25 0.16 0.14 0.08 0.14 0.97 0.09 0.03 0.10 0.08 0.05 -0.00 0.00 0.00 -0.08 -0.16 -0.02 -0.02 -0.06 -0.27 0.06 -0.04 -0.12 -0.06 -0.03 -0.07 -0.08 -0.15 -0.12 -0.14 -0.16 -0.22 -0.26 -0.21 -0.02 -0.09 -0.13 -0.06 -0.23 -0.20 -0.06 -0.07
EPS (Diluted) 0.17 0.14 0.17 0.14 0.13 0.24 0.17 0.13 0.13 0.24 0.09 0.15 0.05 0.24 0.16 0.13 0.08 0.13 0.94 0.08 0.03 0.10 0.08 0.05 -0.00 0.00 0.00 -0.08 -0.16 -0.02 -0.02 -0.06 -0.27 0.06 -0.04 -0.12 -0.06 -0.03 -0.07 -0.08 -0.15 -0.12 -0.14 -0.16 -0.22 -0.26 -0.21 -0.02 -0.09 -0.13 -0.06 -0.23 -0.20 -0.06 -0.07
Shares Outstanding 71.7 71.6 71.9 72.0 73.6 73.7 73.8 74.4 74.5 74.3 74.5 74.0 79.2 73.6 75.9 75.9 76.8 77.5 77.1 76.8 76.7 76.6 78.2 78.2 78.1 77.1 76.6 72.1 74.8 73.9 72.7 72.7 72.2 70.1 70.7 69.8 68.6 67.5 66.3 64.9 64.3 63.7 62.8 61.9 61.5 61.0 58.6 59.7 59.4 43.7 43.7 43.7 43.7 43.7 43.7
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 57.9 71.1 86.6 252.9 243.8 95.1 78.1 77.5 122.9 97.2 104.2 111.2 68.5 68.0 32.1 84.2 67.8 78.9 85.6 67.9 75.7 83.3 83.1 65.8 65.6 45.7 36.1 36.8 34.0 40.6 36.2 40.6 47.0 46.6 39.9 46.4 30.6 29.0 31.4 28.6 38.2
Short-Term Investments 311.9 306.7 284.3 114.5 112.0 100.4 104.0 99.7 59.2 62.1 64.9 42.7 76.0 83.0 95.6 82.6 96.9 106.1 101.8 98.9 85.3 74.9 76.0 77.5 77.3 84.2 86.5 82.5 88.8 87.8 87.4 86.8 83.7 84.6 84.0 85.8 85.6 85.4 85.4 85.1 69.3
Net Receivables 69.0 62.1 61.6 52.4 65.4 76.7 64.9 57.4 55.9 74.3 59.1 69.2 67.0 72.9 73.5 67.9 49.3 61.8 46.8 50.2 51.4 51.1 42.8 45.9 42.9 53.6 45.4 45.3 44.8 54.0 51.1 50.4 47.8 48.3 49.9 41.4 61.8 61.3 48.9 39.3 41.9
Inventory 20.2 18.0 19.0 20.1 20.5 22.0 23.4 25.2 24.9 23.5 23.6 20.4 20.4 19.7 21.3 21.9 20.8 22.5 19.2 19.1 19.5 20.7 22.6 22.2 20.8 22.4 21.1 22.5 21.0 17.9 15.1 15.0 16.2 17.6 15.9 15.4 16.5 15.8 14.5 14.3 17.2
Other Current Assets 20.6 18 3.9 8.7 8.4 8.8 7.7 8.8 7.6 8.6 7.8 7.6 7.5 8.1 10.2 10.4 12.7 10.4 9.9 10.1 8.7 8.6 6.9 7.1 8.0 8.9 7.2 6.8 10.4 8.0 0 13.0 0 1.1 0 7.3 6.2 0 0 0 0
Total Current Assets 479.5 476.0 461.7 457.1 458.2 307.3 283.8 275.0 276.1 271.8 264.6 256.5 245.0 257.0 237.6 271.7 252.2 284.0 267.3 250.6 245.0 242.3 235.3 222.8 219.1 220.9 203.6 201.8 205.6 214.9 203.0 205.7 209.0 203.8 196.7 196.2 200.7 196.7 184.9 172.8 173.0
Non-Current Assets
Property, Plant & Equipment 52.0 50.2 57.2 44.5 42.2 50.7 37.3 34.0 30.3 46.3 26.1 25.2 22.3 40.9 18.0 15.0 13.5 33.6 9.6 9.1 8.2 36.1 7.3 7.0 38.8 40.7 12.9 12.2 13.1 7.3 8.0 8.7 9.6 9.9 9.5 8.3 8.1 8.2 8.9 8.9 8.6
Goodwill 15.1 15.1 15.1 15.1 15.1 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 0
Intangible Assets 5.9 6.3 7.9 7.0 7.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0.1 0.5 0.9 1.2 1.6 1.9 2.3 2.7 3.0 3.4 3.7 4.1 4.5 4.8 5.2 5.6 5.9 6.3 6.6 7.0 5.8 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 0 0 0 0 0
Other Non-Current Assets 18.9 20.1 15.6 21.9 21.2 11.2 22.7 24.5 25.7 7.7 24.8 25.4 26.6 6.7 30.3 31.0 29.2 8.4 96.2 34.9 36.6 9.3 38.9 39.9 9.0 7.7 8.5 8.4 8.5 8.6 8.4 8.6 7.2 4.6 4.8 4.9 4.6 3.9 3.8 3.7 4.1
Total Non-Current Assets 154.9 153.9 158.4 150.9 148.0 125.5 123.9 122.1 119.6 118.0 113.2 111.8 112.3 112.1 115.1 112.9 109.5 109.1 107.1 45.5 46.6 48.5 48.8 49.8 51.0 53.1 25.4 25.0 26.4 20.9 21.8 23.0 23.0 21.1 21.2 20.4 20.3 20.0 20.9 19.7 12.8
Total Assets 634.4 629.8 620.1 607.9 606.2 432.8 407.7 397.2 395.7 389.8 377.8 368.2 357.3 369.1 352.7 384.6 361.7 393.1 374.4 296.1 291.6 290.8 284.1 272.6 270.1 274.1 228.9 226.8 232.0 235.9 224.8 228.7 232.0 224.9 218.0 216.7 221.0 216.7 205.8 192.5 185.8
Current Liabilities
Account Payables 14.1 11.7 11.2 7.0 7.6 12.5 7.5 5.6 5.0 7.0 8.2 6.4 5.9 6.7 6.0 5.6 5.0 6.9 3.8 5.7 4.5 4.9 7.3 6.8 3.9 7.6 5.5 7.7 8.1 8.2 9.6 6.2 7.6 9.0 8.5 8.3 8.5 9.9 9.4 7.8 9.6
Short-Term Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 Revenue 84.3 80.8 82.0 73.3 79.7 78.3 89.5 82.0 83.3 82.7 79.5 78.0 75.7 74.3 74.8 80.0 74.1 73.1 70.5 69.9 68.3 66.0 61.9 65.9 62.7 62.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 30.7 41.1 18.5 12.9 11.2 19.1 16.5 12.2 8.9 7.6 8.1 6.6 7.5 19.8 23.3 17.3 15.6 24.0 19.5 14.1 11.5 19.7 15.3 11.4 10.1 12.2 4.2 4.5 8.3 5.6 5.0 8.5 11.3 5.0 4.7 4.6 6.1 63.4 9.0 53.4 52.7
Total Current Liabilities 129.1 133.7 128.7 108.2 113.2 123.6 127.0 115.0 112.9 111.1 111.3 107.1 103.0 118.2 122.3 122.5 109.3 116.1 103.2 103.3 99.0 107.8 96.8 96.3 90.9 97.6 85.8 88.5 96.1 97.4 90.9 96.3 98.9 92.7 95.4 95.6 97.2 101.4 92.3 88.0 84.7
Non-Current Liabilities
Long-Term Debt 219.2 218.8 218.4 218.1 217.7 0 0 0 0 0 0 0 0 0 0 0 0 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 0 0 0 0 0 0 0
Other Non-Current Liabilities 2.5 3.8 0.4 0.4 0.3 0.3 8.7 9.8 10.9 0.4 13.4 14.6 16.0 0.3 18.2 19.5 19.2 0.3 21.0 21.9 23.0 0.9 25.5 26.4 27.3 0.7 2.5 2.7 3.1 0.5 0.6 0.8 0.9 1.0 1.1 0.8 0.9 1.0 1.1 25.5 25.4
Total Non-Current Liabilities 284.5 284.6 285.2 295.8 297.1 77.4 63.4 67.8 68.5 70.9 69.6 68.2 68.7 69.8 69.6 67.3 66.4 68.1 67.6 68.3 67.9 67.1 65.6 65.5 65.9 67.7 41.0 40.0 39.1 0 0 0 0 0 0 0 0 0 0 0 0
Total Liabilities 413.6 418.3 413.9 403.9 410.3 201.0 190.5 182.8 181.3 181.9 180.9 175.3 171.8 188.1 191.9 189.8 175.8 184.2 170.8 171.6 166.9 174.8 162.4 161.7 156.8 165.3 126.8 128.5 135.2 97.4 90.9 96.3 98.9 92.7 95.4 95.6 97.2 101.4 92.3 88.0 84.7
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 0.0 0.0 0.0 0.0
Retained Earnings (63.3) (71.0) (8.1) (20.3) (30.8) (40.3) (58.6) (71.3) (80.8) (90.5) (141.6) (114.9) (126.5) (130.5) (163.9) (172.1) (171.0) (177.4) (188.1) (263.0) (269.6) (272.2) (280.1) (286.6) (290.4) (290.1) (290.1) (290.3) (284.5) (272.2) (270.6) (268.8) (264.3) (257.0) (257.8) (255.1) (246.9) (246.1) (241.0) (236.3) (231.4)
Accumulated Other Comprehensive Income (0.1) 0.7 (68.0) (0.1) 0.2 0.2 0.2 0.5 (0.1) (0.1) 0.3 0.5 (0.2) (0.7) (1.3) (1.2) (1.0) (0.2) 0.0 (0.0) 0.0 0.1 0.3 0.5 (0.0) 0.3 0.3 0.3 0.1 (0.1) (0.2) (0.2) (0.3) (0.1) (0.0) (0.0) (0.0) (0.0) 0.0 0.1 0.1
Total Stockholders' Equity 220.8 211.5 206.2 204.0 195.9 231.8 217.3 214.4 214.3 207.9 196.9 192.9 185.5 181.0 160.7 194.8 186.0 208.9 203.6 124.5 124.7 116.0 121.7 110.9 113.3 108.8 102.2 98.3 96.8 103.9 99.1 98.5 100.4 98.4 89.8 89.6 88.6 82.8 82.6 79.0 75.6
Total Liabilities & Equity 634.4 629.8 620.1 607.9 606.2 432.8 407.7 397.2 395.7 389.8 377.8 368.2 357.3 369.1 352.7 384.6 361.7 393.1 374.4 296.1 291.6 290.8 284.1 272.6 270.1 274.1 228.9 226.8 232.0 201.2 189.9 194.8 199.2 191.1 185.2 185.2 185.8 184.2 174.9 167.0 160.4
Debt Metrics
Total Debt 219.2 218.8 228.8 229.8 228.4 11.9 4.9 4.9 5 16.8 4.9 4.9 4.9 21.6 4.7 4.7 3.9 23.3 4.5 4.9 5.2 28.8 5.2 5.1 4.7 33.2 2.0 2.4 2.6 0 0 0 0 0 0 0 0 0 0 0 0
Net Debt 161.3 147.6 142.3 (23.1) (15.4) (83.2) (73.2) (72.6) (117.9) (80.4) (99.3) (106.3) (63.7) (46.3) (27.5) (79.6) (63.9) (55.6) (81.1) (63.0) (70.5) (54.5) (77.9) (60.7) (60.9) (12.6) (34.1) (34.5) (31.4) (40.6) (36.2) (40.6) (47.0) (46.6) (39.9) (46.4) (30.6) (29.0) (31.4) (28.6) (38.2)
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 12.0 9.9 12.2 10.5 9.5 18.3 12.6 9.5 9.7 17.9 6.5 11.6 4.0 18.0 12.1 10.4 6.3 10.7 74.9 6.6 2.7 7.8 6.5 3.8 (0.3) 0.1 0.2 (5.8) (12.3) (1.6) (1.8) (4.5) (19.7) 4.1 (2.7) (8.3) (3.9) (1.8) (4.7) (4.9) (9.5)
Depreciation & Amortization 4.0 4.0 3.8 3.7 3.4 3.0 2.7 2.8 2.7 2.5 2.5 2.2 2.1 1.8 1.8 1.9 1.8 1.9 2.3 2.3 2.4 2.5 2.7 2.8 3.3 2.6 2.5 2.5 2.4 1.9 1.9 2.0 2.1 2.3 1.9 2.1 2.2 2.3 2.2 1.8 1.9
Stock-Based Compensation 4.8 4.8 4.8 4.4 6.0 4.8 4.2 4.3 3.8 2.9 4.0 3.5 3.7 3.5 3.5 2.9 3.5 3.6 4.0 2.5 4.4 2.9 3.4 3.0 3.0 4.3 3.4 4.9 3.9 4.0 2.3 2.6 8.2 3.4 4.5 5.0 4.3 3.9 4.6 3.9 4.6
Change in Working Capital (19.3) 3.4 0.5 4.1 (3.0) (1.0) 1.2 (3.5) 15.7 (19.2) 9.0 2.4 (10.5) 3.2 (3.3) (6.1) 4.0 (8.8) 5.8 5.4 (7.4) 2.9 2.5 1.3 6.1 (1.6) (1.2) (6.2) 0.1 (1.4) (5.8) (1.6) 8.6 (5.2) (8.1) 13.7 (1.8) (8.3) (0.3) 7.3 13.2
Other Non-Cash Items 0.7 0.6 1.6 (0.6) 1.2 0.6 (0.6) (0.9) 0.5 (1.4) 1.0 (0.1) (0.2) 0.7 (0.1) (0.2) 0.3 0.3 (65.2) 0.3 0.2 0.6 0.9 (0.4) (0.0) 0.1 (0.1) (0.1) (0.2) (0.2) 0.4 (0.6) 0.4 (1.4) 0.5 0.7 (0.3) (0.9) 0.7 0.8 0.3
Operating Cash Flow 2.2 22.7 22.8 22.2 17.2 25.7 20.1 12.2 32.4 2.7 23.1 19.6 (0.8) 27.3 14.0 8.8 15.9 8.9 21.8 17.2 2.3 16.8 15.9 10.5 12.2 5.5 4.7 (4.5) (6.1) 2.8 (2.9) (2.2) (0.4) 4.3 (3.8) 13.2 0.5 (3.1) 2.6 8.8 10.4
Investing Activities
Capital Expenditure (2.9) (6.7) (4.7) (4.2) (4.5) (2.4) (3.5) (3.5) (2.9) (3.1) (2.7) (2.4) (2.7) (2.5) (3.2) (1.9) (3.1) (1.8) (0.9) (1.7) (0.8) (1.0) (1) (0.7) (0.9) (0.4) (1.6) (1.4) (0.9) (0.5) (1.0) (0.2) (1.1) (1.5) (2.7) (0.8) (0.7) (0.6) (3.2) (1.2) (1.4)
Acquisitions 0 19.1 0 0 (19.1) 0 0 0 0 42.1 0 0 0 0 13.2 (14.0) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1.5 (4.4) 0
Purchases of Investments (64.3) (63.1) (210.8) (26.3) (41.9) (15.5) (21.0) (65.6) (40.7) (10.4) (30.4) (23.5) (21.2) (9.7) (24.1) (8.0) (13.6) (23.8) (28.6) (39.9) (36.2) (18.3) (26.7) (7.5) (5.5) (17.8) (24.3) (15.7) (13.9) (19.1) (20.9) (20.7) (27.2) (17.9) (22.5) (28.5) (18.6) (17.0) (16.6) (23.2) (69.5)
Sales/Maturities of Investments 58.5 41.2 41.7 24 30.7 17.7 18.7 25.9 44.3 13.7 9.5 57.5 29.3 22.8 10.8 22.0 21.7 18.9 25.3 26.0 25.4 19.1 27.9 7.6 12.1 20.1 20.3 22.2 13.2 18.8 20.4 16.7 27.9 17.2 24.3 28.2 18.3 16.8 16.2 7.4 0.2
Other Investing Activities 0 (19.1) 0 0 0 0 0 0 0 (42.1) 0 0 0 0 (13.2) 14.0 0 0 0 0 0 0 0 0 0 0 (4.0) 6.5 (0.7) (0.3) (0.5) (4.0) 0.6 (0.7) 1.8 (0.2) (0.3) (0.1) (1.5) (4.4) (69.3)
Investing Cash Flow (8.7) (28.6) (173.8) (6.5) (34.7) (0.2) (5.7) (43.1) 0.6 0.2 (23.6) 31.7 5.4 10.5 (16.5) 12.1 5.0 (6.7) (4.3) (15.6) (11.5) (0.2) 0.2 (0.5) 5.7 1.9 (5.7) 5.1 (1.6) (0.8) (1.4) (4.2) (0.5) (2.2) (0.9) (1.1) (1.0) (0.7) (3.6) (21.3) (70.7)
Financing Activities
Net Debt Issuance 0 (224.9) 0 (0.1) 225 0 0 0 0 0 0 0 0 0 0 0 0 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 (2.5) (6.9) (11.0) (3.9) (47.0) (5.8) (9.4) (11.8) (3.0) (7.3) (2.4) (6.2) 0 0 (47.5) (3.4) (28.3) (7.1) 0 (11.1) (0.1) (19.2) 0 (13.3) 0 0 0 0 0 0 0 0 0 (0.8) (2.3) (0.8) 2.1 (1.8) 0 0 0.4
Dividends Paid (4.3) (4.3) (4.3) (4.3) (4.4) (4.4) (4.4) (4.5) (4.5) (4.4) (4.5) (4.4) (4.4) (4.4) (3.8) (3.8) (3.9) 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 0 224.9 0 0 (7.3) 0 0.1 1.8 0.1 1.9 0.4 2.1 0.5 2.4 1.7 2.8 0.2 (1.9) 0.2 1.8 1.8 2.8 1.2 3.6 2.0 2.3 0.2 2.2 (0.0) 2.4 (0.0) (0.0) (0.0) 4.6 0.4 3.6 2.0 1.4 3.7 3.0 0.3
Financing Cash Flow (6.8) (9.5) (15.4) (6.6) 166.3 (8.5) (13.8) (14.5) (7.4) (9.8) (6.5) (8.6) (4.0) (2.0) (49.7) (4.4) (32.0) (8.9) 0.2 (9.3) 1.7 (16.4) 1.2 (9.7) 2.0 2.3 0.2 2.2 1.0 2.4 (0.0) (0.0) 1.2 4.6 (1.8) 3.6 2.0 1.4 3.7 3.0 0.3
Cash Position
Net Change in Cash (13.2) (15.4) (166.4) 9.1 148.7 17.1 0.6 (45.5) 25.7 (6.9) (7.0) 42.7 0.5 35.8 (52.1) 16.5 (11.2) (6.7) 17.7 (7.7) (7.6) 0.2 17.2 0.2 19.9 9.7 (0.8) 2.9 (6.7) 4.5 (4.4) (6.4) 0.4 6.6 (6.5) 15.8 1.6 (2.4) 2.7 (9.6) (59.9)
Cash at Beginning 71.1 86.6 252.9 243.8 95.1 78.1 77.5 122.9 97.2 104.2 111.2 68.5 68.0 32.1 84.2 67.8 78.9 85.6 67.9 75.7 83.3 83.1 65.8 65.6 45.7 36.1 36.8 34.0 40.6 36.2 40.6 47.0 46.6 39.9 46.4 30.6 29.0 31.4 28.6 38.2 98.1
Cash at End 57.9 71.1 86.6 252.9 243.8 95.1 78.1 77.5 122.9 97.2 104.2 111.2 68.5 68.0 32.1 84.2 67.8 78.9 85.6 67.9 75.7 83.3 83.1 65.8 65.6 45.7 36.1 36.8 34.0 40.6 36.2 40.6 47.0 46.6 39.9 46.4 30.6 29.0 31.4 28.6 38.2
Free Cash Flow (0.7) 16.0 18.1 17.9 12.7 23.3 16.7 8.7 29.5 (0.4) 20.4 17.2 (3.5) 24.8 10.8 6.9 12.8 7.1 20.8 15.5 1.5 15.8 14.9 9.8 11.3 5.1 3.0 (5.9) (7.0) 2.3 (3.9) (2.4) (1.5) 2.8 (6.5) 12.4 (0.1) (3.7) (0.6) 7.6 9.1
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 2012 Q3
Income Statement
Revenue 75 80.4 74.7 69.4 66.1 74.2 66.7 60.1 60.7 70.4 57.8 65.8 57.7 77.6 72.1 68.0 62.7 70.7 65.4 59.2 54.8 62.7 56.6 52.5 53.8 60.3 52.8 49.2 50.3 61.8 60.5 60.7 49.2 60.0 61.4 53.7 60.3 64.0 55.1 57.1 53.8 56.6 50.8 47.5 44.0 45.2 43.4 45.1 45.7 42.2 39.8 30.1 29.6 34.3 31.3
Gross Profit 60.2 63.3 59.9 54.7 52.7 59.3 53.7 48.1 49.2 57.1 46.8 52.4 47.5 61.9 57.3 54.5 49.8 56.5 52.2 45.5 42.3 49.2 43.5 41.1 41.6 46.9 40.9 37.9 38.0 48.0 47.5 47.5 37.3 47.3 47.7 41.0 46.1 49.5 42.1 42.9 40.6 43.0 38.1 35.9 33.2 34.4 31.7 34.8 35.7 31.1 31.1 23.2 23.0 28.0 25.0
Operating Income 13.5 15.1 13.0 10.3 8.8 18.4 10.4 7.9 7.2 18.0 2.2 12.3 6.2 16.3 15.7 13.1 8.0 11.8 10.3 7.2 4.0 7.8 6.2 3.9 (0.2) 0.1 0.2 (6.4) (11.0) (2.4) (1.6) (3.7) (20.0) 4.1 (2.1) (8.0) (4.3) 0.6 (4.5) (5.8) (9.4) (6.8) (8.6) (9.4) (13.6) (13.9) (11.4) (0.7) (4.3) (4.8) (1.1) (9.3) (7.6) 2.3 3.2
Net Income 12.0 9.9 12.2 10.5 9.5 18.3 12.6 9.5 9.7 17.9 6.5 11.6 4.0 18.0 12.1 10.4 6.3 10.7 74.9 6.6 2.7 7.8 6.5 3.8 (0.3) 0.1 0.2 (5.8) (12.3) (1.6) (1.8) (4.5) (19.7) 4.1 (2.7) (8.3) (3.9) (1.8) (4.7) (4.9) (9.5) (7.4) (9.0) (10.0) (13.7) (16.0) (12.3) (1.3) (5.1) (5.6) (2.7) (10.2) (8.5) (2.4) (2.9)
EPS (Diluted) 0.17 0.14 0.17 0.14 0.13 0.24 0.17 0.13 0.13 0.24 0.09 0.15 0.05 0.24 0.16 0.13 0.08 0.13 0.94 0.08 0.03 0.10 0.08 0.05 -0.00 0.00 0.00 -0.08 -0.16 -0.02 -0.02 -0.06 -0.27 0.06 -0.04 -0.12 -0.06 -0.03 -0.07 -0.08 -0.15 -0.12 -0.14 -0.16 -0.22 -0.26 -0.21 -0.02 -0.09 -0.13 -0.06 -0.23 -0.20 -0.06 -0.07
Balance Sheet
Cash & Equivalents 57.9 71.1 86.6 252.9 243.8 95.1 78.1 77.5 122.9 97.2 104.2 111.2 68.5 68.0 32.1 84.2 67.8 78.9 85.6 67.9 75.7 83.3 83.1 65.8 65.6 45.7 36.1 36.8 34.0 40.6 36.2 40.6 47.0 46.6 39.9 46.4 30.6 29.0 31.4 28.6 38.2
Total Assets 634.4 629.8 620.1 607.9 606.2 432.8 407.7 397.2 395.7 389.8 377.8 368.2 357.3 369.1 352.7 384.6 361.7 393.1 374.4 296.1 291.6 290.8 284.1 272.6 270.1 274.1 228.9 226.8 232.0 235.9 224.8 228.7 232.0 224.9 218.0 216.7 221.0 216.7 205.8 192.5 185.8
Total Debt 219.2 218.8 228.8 229.8 228.4 11.9 4.9 4.9 5 16.8 4.9 4.9 4.9 21.6 4.7 4.7 3.9 23.3 4.5 4.9 5.2 28.8 5.2 5.1 4.7 33.2 2.0 2.4 2.6 0 0 0 0 0 0 0 0 0 0 0 0
Stockholders' Equity 220.8 211.5 206.2 204.0 195.9 231.8 217.3 214.4 214.3 207.9 196.9 192.9 185.5 181.0 160.7 194.8 186.0 208.9 203.6 124.5 124.7 116.0 121.7 110.9 113.3 108.8 102.2 98.3 96.8 103.9 99.1 98.5 100.4 98.4 89.8 89.6 88.6 82.8 82.6 79.0 75.6
Cash Flow
Operating Cash Flow 2.2 22.7 22.8 22.2 17.2 25.7 20.1 12.2 32.4 2.7 23.1 19.6 (0.8) 27.3 14.0 8.8 15.9 8.9 21.8 17.2 2.3 16.8 15.9 10.5 12.2 5.5 4.7 (4.5) (6.1) 2.8 (2.9) (2.2) (0.4) 4.3 (3.8) 13.2 0.5 (3.1) 2.6 8.8 10.4
Capital Expenditure (2.9) (6.7) (4.7) (4.2) (4.5) (2.4) (3.5) (3.5) (2.9) (3.1) (2.7) (2.4) (2.7) (2.5) (3.2) (1.9) (3.1) (1.8) (0.9) (1.7) (0.8) (1.0) (1) (0.7) (0.9) (0.4) (1.6) (1.4) (0.9) (0.5) (1.0) (0.2) (1.1) (1.5) (2.7) (0.8) (0.7) (0.6) (3.2) (1.2) (1.4)
Free Cash Flow (0.7) 16.0 18.1 17.9 12.7 23.3 16.7 8.7 29.5 (0.4) 20.4 17.2 (3.5) 24.8 10.8 6.9 12.8 7.1 20.8 15.5 1.5 15.8 14.9 9.8 11.3 5.1 3.0 (5.9) (7.0) 2.3 (3.9) (2.4) (1.5) 2.8 (6.5) 12.4 (0.1) (3.7) (0.6) 7.6 9.1