Bloom Energy Corporation logo BE - Bloom Energy Corporation

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 16
HOLD 12
SELL 3
STRONG
SELL
0
| PRICE TARGET: $217.67 DETAILS
HIGH: $324.00
LOW: $68.00
MEDIAN: $225.00
CONSENSUS: $217.67
DOWNSIDE: 28.04%
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
Revenue
Revenue 751.1 777.7 519.0 401.2 326.0 572.4 330.4 335.8 235.3 356.9 400.3 301.1 275.2 462.6 292.3 243.2 201.0 342.5 207.2 228.5 194.0 249.4 200.3 187.9 156.7 117.2 233.5 233.8 200.7 213.6 190.2 168.9 169.4 123.3 93.8 86.8 72.2 65.3 51.9 52.5 38.8 24.5 28.4 33.8 86.2
Cost of Revenue 525.5 537.8 367.4 256.4 237.2 353.1 246.8 230.0 197.2 264.5 405.5 244.7 221.0 391.2 241.3 245.2 173.6 273.8 170.3 192.6 140.3 184.2 147.8 163.3 137.5 190.1 181.9 172.0 145.4 151.9 168.5 138.1 125.0 110.4 110.8 94.6 80.9 87.1 94.0 66.0 64.5 99.4 69.1 55.7 130.3
Gross Profit 225.5 239.9 151.7 144.8 88.8 219.3 83.6 105.7 38.1 92.4 (5.2) 56.4 54.1 71.4 50.9 (2.0) 27.4 68.7 36.9 35.9 53.7 65.2 52.5 24.5 19.2 23.5 42.4 28.4 1.6 5.2 21.7 30.8 44.4 12.9 (17.1) (7.8) (8.7) (21.8) (42.1) (13.5) (25.6) (74.9) (40.7) (21.9) (44.1)
Operating Expenses
R&D Expenses 56.8 55.9 48.7 40.8 40.6 39.5 36.3 37.4 35.5 33.6 35.1 41.5 45.7 38.3 36.1 41.6 34.5 26.8 27.6 25.7 23.3 21.7 19.2 19.4 23.3 22.1 23.4 29.8 28.9 33.0 27.0 14.4 14.7 15.2 12.4 12.4 11.2 12.8 11.9 11.6 10.7 10.4 11.0 10.6 12.0
SG&A Expenses 96.5 96.5 95.1 69.9 67.2 75.1 52.1 54.3 51.6 45.9 63.4 69.3 72.3 73.6 67.4 58.6 59.1 55.4 53.1 54.4 45.8 46.5 37.1 36.4 43.0 49.9 54.7 62.0 59.5 72.5 62.5 23.6 23.2 24.2 20.2 23.0 20.7 22.9 26.6 21.1 20.0 18.6 18.7 25.3 15.9
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 (1.0) (1.7) 1.1 0 0 (0.5) (1.4) 0 0 0 0 0 0
Operating Expenses 153.4 152.4 143.8 110.6 107.8 114.6 88.4 91.7 87.1 79.5 98.5 110.8 117.9 111.9 103.5 100.2 93.6 82.2 80.8 80.1 69.0 68.1 56.4 55.7 66.3 72.1 78.1 91.8 88.4 105.4 89.5 38.0 38.0 39.3 32.6 35.4 31.9 45.1 43.7 36.8 25.3 30.1 29.0 33.4 30.1
Operating Income
Operating Income 72.2 87.5 7.8 34.2 (19.0) 104.7 (4.8) 14.1 (49.0) 12.9 (103.7) (54.5) (63.8) (40.6) (52.6) (102.2) (66.2) (13.5) (43.9) (44.1) (15.3) (3.0) (3.8) (31.2) (47.1) (49.4) (35.2) (63.3) (86.7) (100.2) (67.8) (7.2) 5.4 (28.2) (48.5) (43.2) (40.6) (58.0) (81.9) (46.2) (56.3) (103.8) (70.4) (57.9) (72.0)
Interest Expense 8.6 10.6 14.4 14.4 14.4 16.0 16.8 15.4 14.5 14.6 68.0 14.0 11.7 12.5 13.1 13.8 14.1 25.2 14.5 14.6 14.7 21.2 20.3 15.2 22.1 41.4 22.9 24.3 23.4 17.8 18.8 26.2 24.0 29.8 28.9 25.6 24.4 0 0 0 0 0 0 0 0
Interest Income 20.6 13.6 5.3 6.6 8.6 4.9 6.5 6.4 7.5 6.1 7.4 4.4 2.0 2.5 1.1 0.2 0.1 0.0 0.1 0.1 0.1 0.1 0.3 0.3 0.8 0.9 1.2 1.7 1.9 4.3 1.5 1.4 0.4 0 0 0 0 23.7 19.9 18.6 18.9 11.1 11.6 8.6 9.4
Profitability
EBITDA 72.2 26.2 4.6 (14.1) 3.4 135.4 15.5 (31.5) (30.0) 31.8 (76.4) (29.2) (36.8) (22.7) (22.1) (85.3) (50.6) (9.5) (26.1) (27.8) 0.6 8.4 15.4 (19.9) (46.4) (24.6) (5.8) (39.5) (70.9) (73.9) (53.1) (8.7) 7.4 (31.1) (35.8) (24.6) (34.4) (53.9) (76.2) (35.6) (46.7) (94.5) (61.1) (49.2) (63.7)
EBIT 72.2 13.0 (8.2) (26.7) (8.6) 121.5 2.2 (45.0) (42.5) 19.5 (99.4) (54.9) (62.9) (38.1) (47.0) (107.4) (68.1) (22.8) (42.0) (43.6) (14.9) (10.4) 2.4 (32.7) (59.4) (47.4) (33.7) (62.3) (85.1) (95.6) (63.7) (23.9) 1.0 (42.2) (47.1) (41.8) (40.8) (65.8) (87.3) (46.2) (56.3) (103.8) (70.4) (57.9) (72.0)
Income Before Tax 74.1 2.4 (22.6) (41.2) (23.0) 105.5 (14.5) (60.3) (57.0) 4.9 (167.4) (68.9) (74.7) (50.6) (60.1) (121.2) (82.2) (48.1) (56.5) (58.1) (29.7) (31.6) (17.9) (47.8) (81.5) (128.0) (39.8) (67.0) (88.1) (103.4) (82.5) (50.1) (22.0) (72.0) (76.0) (67.4) (65.2) (89.6) (107.2) (69.0) (69.8) (116.1) (81.3) (63.9) (83.7)
Income Tax Expense 0.4 1.0 0.3 1.0 0.4 0.4 0.1 0.9 (0.5) 0.8 0.6 0.2 0.3 0.2 0.3 (0.0) 0.6 0.5 0.2 0.3 0.1 (0.0) 0.0 0.1 0.1 0.0 0.1 0.3 0.2 1.1 (0.0) 0.1 0.3 (0.1) 0.3 0.2 0.2 0.1 0.2 0.2 0.2 0.2 0.2 0.2 0.1
Net Income 70.7 1.1 (23.1) (42.6) (23.8) 104.8 (14.7) (61.8) (57.5) 4.5 (169.0) (66.1) (71.6) (47.2) (57.1) (118.8) (78.4) (33.3) (52.4) (53.9) (24.9) (27.1) (12.0) (42.5) (75.9) (65.8) (51.8) (81.9) (104.9) (115.4) (78.6) (45.7) (17.7) (67.8) (71.8) (63.5) (59.5) (77.5) (90.9) (51.8) (59.4) (115.8) (79.8) (61.5) (83.9)
Per Share Data
EPS (Basic) 0.25 0.00 -0.10 -0.18 -0.10 0.46 -0.06 -0.27 -0.25 0.02 -0.80 -0.32 -0.36 -0.25 -0.32 -0.67 -0.47 -0.19 -0.30 -0.31 -0.15 -0.16 -0.09 -0.34 -0.61 -1.04 -0.30 -0.55 -0.76 -0.91 -0.97 -0.66 -0.25 -1.17 -1.24 -1.09 -1.02 -7.66 -9.07 -5.18 -5.96 -11.69 -8.24 -6.38 -8.75
EPS (Diluted) 0.23 0.00 -0.10 -0.18 -0.10 0.36 -0.06 -0.27 -0.25 0.02 -0.80 -0.32 -0.36 -0.25 -0.32 -0.67 -0.47 -0.19 -0.30 -0.31 -0.15 -0.16 -0.09 -0.34 -0.61 -0.99 -0.30 -0.55 -0.76 -0.89 -0.97 -0.65 -0.25 -1.17 -1.23 -1.08 -1.02 -7.66 -9.07 -5.18 -5.96 -11.68 -8.24 -6.38 -8.75
Shares Outstanding 281.7 263.6 234.9 232.5 230.2 227.4 228.0 227.2 225.6 224.2 210.9 208.7 206.7 201.2 186.5 178.5 177.2 174.3 174.3 172.7 170.7 166.0 139.0 125.9 123.8 118.6 116.3 113.6 111.8 109.4 81.3 69.7 69.7 58.1 58.1 58.1 58.6 10.1 10.0 10 10.0 9.9 9.7 9.6 9.6
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 2,491.4 2,454.1 595.1 574.8 794.8 802.9 495.7 581.7 516.0 664.6 557.4 767.1 320.4 348.5 492.1 235.6 286.0 396.0 121.9 204.0 180.7 246.9 325.2 144.1 180.3 202.8 226.5 308.0 320.4 220.7 395.5 91.6 88.2 103.8 123.7 153.3 (156.6) 156.6 157.3 125.0 119.7
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 0 0 104.3 4.5 15.7 20.1 26.8 26.8 0 313.2 0 0 0 0
Net Receivables 359.4 434.1 681.8 606.9 491.5 481.0 711.9 614.4 382.2 382.1 478.4 386.2 377.5 297.7 97.0 111.3 130.2 118.8 95.5 78.7 113.8 104.9 55.8 54.9 40.9 42.9 32.7 44.1 89.8 94.4 47.0 42.2 63.8 35.5 42.4 45.5 0 40.0 33.3 26.9 21.9
Inventory 732.5 643.3 705.0 690.0 612.5 544.7 584.5 520.2 526.4 502.5 475.6 468.3 397.7 268.4 254.9 206.7 183.1 143.4 182.6 163.3 153.2 142.1 131.9 112.5 107.2 109.6 140.4 104.9 116.5 132.5 134.7 136.4 97.1 90.3 83.1 100.8 0 83.2 111.7 124.3 108.7
Other Current Assets 243.8 199.1 48.9 47.8 92.3 181.7 80.4 92.5 129.1 112.0 136.3 133.1 124.6 111.7 87.6 94.1 95.7 126.1 104.3 102.4 115.7 99.1 113.0 115.5 117.0 96.3 66.1 111.1 85.7 79.4 85 82.5 105.8 138.7 122.7 85.9 0 94.9 67.6 77.7 93.1
Total Current Assets 3,954.5 3,730.6 2,047.9 1,933.3 2,008.9 2,044.1 1,902.9 1,830.0 1,579.6 1,693.2 1,682.5 1,776.4 1,244.9 1,056.0 964.4 669.2 723.6 806.4 530.9 565.9 584.5 618.6 650.1 440.8 462.9 472.7 490.4 592.3 639.8 663.9 698.5 390.3 401.3 420.0 425.5 404.8 156.6 392.1 388.2 366.1 355.3
Non-Current Assets
Property, Plant & Equipment 401.1 507.0 513.0 520.2 524.2 526.0 617.6 629.3 635.2 633.1 618.5 738.5 732.3 727.4 760.8 739.1 707.0 710.8 685.6 681.1 654.6 636.2 601.9 601.6 606.9 607.1 384.4 406.6 475.4 481.4 471.1 477.8 487.2 497.8 507.0 516.6 0 538.4 508.6 457.5 405.4
Goodwill 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2.0 2.0 1.7 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 0 0 0 0 0
Long-Term Investments 23.3 10.0 5.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1.8 0 0 1.9 2.0 2.0 2.1 5.9 5.7 33.1 33.8 6.3 6.0 5.4 4.5 5.0 5.0 5.3 5.6 0 6.1 6.2 6.3 6.6
Other Non-Current Assets 285.8 147.3 69.5 75.1 73.0 85.4 82.6 87.3 69.7 86.0 73.8 203.6 213.5 162.1 176.0 171.6 217.4 203.7 213.5 217.0 210.3 197.6 220.3 233.1 237.0 237.1 262.1 189.8 197.3 135.1 270.2 285.2 291.1 298.2 301.2 304.6 (156.6) 267.4 236.6 218.7 200.9
Total Non-Current Assets 710.2 666.1 590.3 597.1 599.1 613.2 701.6 718.0 706.5 720.5 693.7 943.5 947.3 890.7 937.7 911.6 926.4 919.2 900.8 898.1 866.8 835.8 824.3 836.8 849.7 849.9 679.6 630.3 679.0 717.1 746.6 767.5 783.3 801.0 813.5 826.8 (156.6) 812.0 751.4 682.6 612.8
Total Assets 4,664.7 4,396.7 2,638.2 2,530.4 2,608.0 2,657.4 2,604.5 2,548.0 2,286.1 2,413.7 2,376.2 2,719.9 2,192.2 1,946.6 1,902.1 1,580.8 1,650.0 1,725.6 1,431.7 1,464.0 1,451.3 1,454.4 1,474.4 1,277.5 1,312.6 1,322.6 1,169.9 1,222.6 1,318.8 1,389.7 1,445.1 1,157.7 1,184.6 1,221.0 1,239.0 1,231.6 0 1,204.0 1,139.6 1,048.7 968.1
Current Liabilities
Account Payables 241.6 203.1 167.4 144.8 145.0 92.7 124.3 104.2 94.2 132.1 153.8 194.5 130.1 161.8 120.4 134.0 89.0 73.0 101.9 87.1 73.0 58.3 64.3 64.9 60.4 55.6 81.1 61.4 64.4 66.9 59.8 53.8 47.8 48.6 39.2 28.2 0 41.5 55.6 71.8 56.0
Short-Term Debt 67.1 4.2 1.4 3.7 114.6 114.4 114.1 0 0 0 0 10.8 24.4 26.0 28.7 27.2 30.3 25.8 13.8 119.7 118.5 120.8 129.7 26.1 26.2 337.6 27.2 26.2 37.5 29.8 21.9 30.0 25.1 20.1 65.1 59.7 0 20.9 29.8 24.8 31.6
Deferred Revenue 194.1 101.0 56.1 60.0 168.4 243.3 142.1 112.0 94.7 128.9 119.2 147.2 158.0 168.5 98.8 93.2 94.0 90.0 81.9 79.3 69.2 114.3 95.5 102.9 99.0 89.2 88.1 129.3 89.6 67.6 105.3 94.6 99.4 118.1 0 0 0 0 0 0 0
Other Current Liabilities 21.9 113.1 80.0 57.1 39.2 73.5 56.9 55.1 36.0 56.4 55.5 364.4 359.4 65.1 87.0 86.4 85.2 68.5 75 81.1 70.4 90.6 34.9 40.4 35.2 52.2 65.5 95.5 55.7 53.5 53.4 43.6 48.4 53.3 210.8 169.0 0 185.8 156.4 168.2 153.7
Total Current Liabilities 786.8 623.8 466.0 387.3 584.4 636.8 566.9 393.5 354.7 470.4 461.7 828.5 771.6 541.9 392.7 393.7 347.0 342.5 311.9 409.0 369.3 436.4 389.5 303.7 285.7 574.0 293.7 339.1 276.2 279.7 271.9 248.1 246.7 271.3 315.1 269.6 0 261.1 255.5 264.8 241.4
Non-Current Liabilities
Long-Term Debt 2,598.7 2,613.7 1,130.9 1,129.2 1,016.2 1,014.4 1,013.3 1,125.4 847.9 846.6 842.0 947.0 377.9 385.6 454.7 462.1 492.5 500.9 490.4 386.7 390.0 270.1 440.7 619.7 669.8 299.2 636.8 642.0 703.6 711.4 718.9 930.1 925.3 921.2 861.1 851.7 0 773.3 764.5 718.4 669.4
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 184.8 24.0 9.7 9.5 9.4 9.2 8.8 8.5 8.6 9.0 8.8 9.4 8.2 9.5 217.5 227.2 217.4 225.3 17.3 11.5 10.7 8.1 36.9 39.1 41.5 35.1 60.3 61.0 58.7 29.9 47.1 1,698.1 1,677.6 1,674.7 484.6 470.7 0 415.8 338.3 254.2 221.8
Total Non-Current Liabilities 2,929.9 2,979.9 1,494.8 1,523.7 1,422.1 1,435.4 1,582.6 1,708.0 1,442.2 1,422.6 1,409.2 1,545.1 986.8 1,025.9 1,307.0 1,332.1 1,357.8 1,384.6 1,119.5 1,025.0 1,017.6 876.6 1,042.2 1,224.3 1,286.0 916.5 887.3 894.7 974.6 1,019.3 1,067.0 2,940.2 2,919.6 2,916.2 1,345.7 1,322.5 0 1,189.2 1,102.8 972.6 891.2
Total Liabilities 3,716.7 3,603.7 1,960.7 1,911.0 2,006.5 2,072.1 2,149.5 2,101.5 1,796.9 1,893.0 1,871.0 2,373.7 1,758.4 1,567.8 1,699.7 1,725.8 1,704.7 1,727.1 1,431.4 1,434.1 1,386.9 1,313.0 1,431.7 1,528.1 1,571.8 1,490.5 1,181.0 1,233.8 1,250.8 1,299.0 1,338.8 3,188.4 3,166.3 3,187.5 1,660.8 1,592.0 0 1,450.3 1,358.3 1,237.4 1,132.6
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
Retained Earnings (3,917.3) (3,987.0) (3,988.1) (3,965.0) (3,922.4) (3,897.6) (4,002.4) (3,987.7) (3,925.9) (3,866.6) (3,871.1) (3,702.1) (3,636.1) (3,564.5) (3,517.3) (3,460.2) (3,341.4) (3,263.1) (3,229.8) (3,177.4) (3,123.5) (3,103.9) (3,076.8) (3,064.8) (3,022.3) (2,946.4) (2,753.8) (2,718.9) (2,656.7) (2,572.4) (2,472.6) (2,394.0) (2,348.4) (2,330.6) (2,262.9) (2,191.1) 0 (2,068.0) (1,990.6) (1,899.7) (1,847.8)
Accumulated Other Comprehensive Income 3.0 (0.4) (1.2) (0.8) (2.3) (2.6) (1.8) (2.3) (2.1) (1.7) (2.4) (2.1) (1.4) (1.3) (1.5) (1) (0.5) (0.3) (0.3) (0.1) (0.1) (0.0) (0.0) (0.0) 0.0 0.0 (0.1) (0.1) 0.0 0.1 0.3 0.2 0.1 (0.2) (0.4) (0.5) (1,959.9) (0.5) (1.2) (1.5) (1.4)
Total Stockholders' Equity 921.5 768.6 653.1 594.6 578.3 562.5 430.9 423.3 466.1 502.1 486.6 307.8 399.3 340.8 172.9 (177.0) (90.8) (44.3) (46.9) (21.6) 6.1 78.8 (22.4) (317.0) (333.1) (259.6) (106.8) (115.8) (105.4) (91.7) (85.0) (2,227.0) (2,189.6) (2,180.0) (641.9) (587.7) (246.2) (481.2) (414.3) (329.8) (289.6)
Total Liabilities & Equity 4,664.7 4,396.7 2,638.2 2,530.4 2,608.0 2,657.4 2,604.5 2,548.0 2,286.1 2,413.7 2,376.2 2,719.9 2,192.2 1,946.6 1,902.1 1,580.8 1,650.0 1,725.6 1,431.7 1,464.0 1,451.3 1,454.4 1,474.4 1,277.5 1,312.6 1,322.6 1,169.9 1,222.6 1,318.8 1,389.7 1,445.1 1,157.7 1,184.6 1,221.0 1,239.0 1,231.6 (246.2) 1,204.0 1,139.6 1,048.7 968.1
Debt Metrics
Total Debt 2,773.0 2,992.0 1,513.4 1,521.6 1,523.0 1,529.8 1,695.1 1,720.3 1,451.9 1,454.7 1,442.8 1,567.7 1,011.4 1,020.6 1,078.9 1,083.9 1,107.5 1,123.5 1,059.1 1,064.0 1,052.2 913.4 1,034.5 1,097.8 1,150.7 1,094.0 664.0 668.2 741.1 1,135.1 740.8 960.1 950.5 941.3 926.2 911.4 0 794.3 794.3 743.2 701.1
Net Debt 281.6 537.8 918.3 946.9 728.2 726.9 1,199.4 1,138.6 936.0 790.1 885.5 800.7 691.0 672.1 586.7 848.2 821.5 727.5 937.3 860.0 871.5 666.4 709.2 953.7 970.3 891.1 437.5 360.2 420.7 914.3 345.3 868.5 862.2 837.5 802.5 758.1 156.6 637.7 637.0 618.2 581.3
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 73.7 1.1 (23.0) (42.2) (23.4) 105.2 (14.6) (61.2) (56.5) 4.1 (168.1) (69.1) (74.9) (50.8) (60.4) (121.2) (82.7) (48.5) (56.7) (58.4) (29.8) (31.6) (17.9) (48.0) (81.6) (128.0) (56.8) (86.9) (108.8) (104.4) (82.5) (50.2) (22.3) (53.3) (86.3) (63.5) (59.5) (77.5) (90.9) (51.8) (59.4)
Depreciation & Amortization 13.3 13.2 12.8 12.6 12.0 13.9 13.2 13.4 12.5 12.3 14.6 17.5 18.1 15.4 15.5 16.3 14.4 13.4 13.3 13.4 13.4 13.4 13.0 12.8 13.0 22.8 27.9 22.8 14.2 11.3 10.6 10.7 10.8 11.1 11.4 11.7 11.9 11.9 11.2 10.5 9.6
Stock-Based Compensation 48.2 0 37.3 29.3 30.1 27.4 17.7 19.2 18.1 7.3 21.3 28.1 27.7 30.8 23.7 32.2 25.5 16.0 21.0 19.1 17.2 16.5 15.7 18.6 23.0 41.3 41.0 51.4 67.8 92.8 71.7 7.8 8.0 8.1 7.7 8.0 6.6 9.3 6.5 6.7 5.7
Change in Working Capital (79.6) 234.0 (62.2) (252.6) (136.4) 335.2 (90.8) (185.1) (132.7) 88.8 (196.8) (38.0) (294.4) (89.1) (48.3) 6.7 (56.2) 48.9 (52.0) 76.1 (93.3) (30.9) (48.1) 4.3 (3.0) 24.9 19.0 84.3 11.6 (51.4) 2.4 22.4 (41.9) 23.8 61.0 25.0 (31.4) (51.1) (54.4) (103.7) (42.4)
Other Non-Cash Items 18.0 173.2 54.8 39.8 7.1 2.6 5.0 38.2 11.3 9.2 195.8 14.9 8.7 70.4 (0.5) 59.9 6.5 17.4 1.8 3.5 3.4 13.8 (2.5) (0.1) 20.6 63.6 6.6 41.9 5.3 7.0 2.8 25.2 11.0 8.1 20.8 3.2 8.3 73.4 19.7 66.8 17.3
Operating Cash Flow 73.6 421.4 19.7 (213.1) (110.7) 484.2 (69.5) (175.5) (147.3) 121.8 (133.2) (46.5) (314.7) (23.3) (69.9) (6.1) (92.4) 47.2 (72.6) 53.7 (89.0) (18.8) (39.8) (12.3) (27.9) 24.6 37.9 113.5 (9.8) (44.8) 4.9 15.9 (34.5) (2.1) 14.5 (15.5) (64.0) (34.0) (107.9) (71.6) (69.2)
Investing Activities
Capital Expenditure (26.1) (23.0) (12.3) (7.2) (14.3) (11.1) (14.3) (12.0) (21.4) (16.3) (21.3) (19.6) (26.6) (35.9) (36.2) (26.2) (18.5) (5.2) (10.2) (21.5) (12.9) (4.8) (13.5) (7.2) (12.4) (26.1) (16.6) (11.8) (12.8) (10.8) (5.5) (1.4) (0.2) (0.8) (2.0) (1.3) (0.9) (2.6) (1.4) (3.0) (2.0)
Acquisitions 0 0 0 0 0 0 (4.0) 0.0 0 0.0 (0.0) 7.0 0 (12) 2.8 0 0 3.1 0 0 0 0 0 0 0 181.4 0 0 0 0.5 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 (103.9) 0 0 0 (88.2) 0 (6.7) (9.0) (2.2) (26.8) 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 0 104.5 (77.5) 0 0 104.5 (11.2) 11.2 11.2 15.8 2.2 0 0 0 0 0 0 0
Other Investing Activities (19.8) (11.9) (24.6) 0.0 0.0 0.0 4.0 0.0 0.0 0.0 (0.0) (7.0) 0 12 (2.8) 0 0 (3.1) 3.1 0 0 0 0 0 (104.5) 1.5 (0.5) (0.1) (0.8) (0.5) (2.8) 0 0 0.2 (0.2) 0 0 0 0 (21.9) 21.9
Investing Cash Flow (45.9) (34.8) (36.9) (7.2) (14.2) (11.1) (14.3) (12.0) (21.4) (16.2) (21.4) (19.6) (26.6) (35.9) (36.2) (26.2) (18.5) (5.2) (7.1) (21.5) (12.9) (4.8) (13.5) (7.2) (12.4) (26.1) (16.6) (11.8) 91.7 (110.3) 5.8 3.1 6.5 (0.8) (28.9) (1.3) (0.9) (2.6) (1.4) (24.9) 19.9
Financing Activities
Net Debt Issuance (8.0) 1,458.5 (2.9) (2.8) (2.7) (70.4) (9.3) 256.5 (3.6) 0.5 (123.3) 568.1 (13.0) (83.1) (18.9) (43.2) (14.2) 29.5 (6.6) (4.2) (2.9) (75.4) 231.8 (5.7) 16.3 36.9 (12.2) (72.2) 3.3 (5.1) (5.2) (5.0) (4.8) (4.5) (4.6) 95.8 (8.1) (4.1) 70.4 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 0 0 0 0 0 0 (0.1) 0 0
Dividends Paid 0 0 0 (0.9) 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 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (0.8) 3.3 0 (3.3) 0.1 0 (0.4) (12.3) 4.0 (0.2) (13.1) (63.5) 0 (10.8) (13.5) (2.6) (2.9) 206.1 (0.6) (0.9) (3.9) 0.7 (5.8) (4.9) (4.3) (15.9) (26.6) (29.2) (3.2) (3.7) (4.4) (8.3) (4.4) (4.0) (2.5) (15.6) 4.9 43.9 66.5 72.6 34.0
Financing Cash Flow 7.1 1,470.9 39.4 (7.1) 5.1 (69.2) (5.6) 242.8 7.2 1.2 (129.7) 505.3 306.5 (93.8) 362.2 (46.8) (10.1) 253.2 (0.7) 2.7 51.1 (64.1) 233.5 (10.3) 16.8 21.0 (34.5) (100.5) 7.6 (8.7) 283.7 (12.8) (9.1) (8.4) (6.9) 80.4 (3.2) 39.9 136.8 72.6 34.0
Cash Position
Net Change in Cash 36.7 1,854.6 21.0 (225.3) (119.6) 401.8 (88.7) 55.1 (162.5) 107.5 (284.8) 439.1 (34.9) (151.0) 255.1 (79.7) (121.2) 295.2 (80.6) 34.9 (51.0) (87.7) 180.2 (29.8) (23.5) 19.5 (13.2) 1.1 89.4 (163.7) 294.4 6.3 (37.0) (11.3) (21.3) 63.5 (68.2) 3.3 27.5 67.4 (106.6)
Cash at Beginning 2,481.6 627.0 606.0 831.4 951.0 549.2 637.8 582.7 745.2 637.7 922.5 483.4 518.4 669.3 414.2 493.9 615.1 319.9 400.5 365.7 416.7 504.4 324.1 353.9 377.4 357.9 371.1 369.9 280.5 444.2 149.9 143.6 180.6 191.9 213.2 149.7 217.9 214.6 187.1 119.7 226.3
Cash at End 2,518.3 2,481.6 627.0 606.0 831.4 951.0 549.2 637.8 582.7 745.2 637.7 922.5 483.4 518.4 669.3 414.2 493.9 615.1 319.9 400.5 365.7 416.7 504.4 324.1 353.9 377.4 357.9 371.1 369.9 280.5 444.2 149.9 143.6 180.6 191.9 213.2 149.7 217.9 214.6 187.1 119.7
Free Cash Flow 47.5 398.5 7.4 (220.4) (124.9) 473.1 (83.8) (187.5) (168.7) 105.6 (154.5) (66.1) (341.3) (59.2) (106.1) (32.3) (111.0) 42.0 (82.8) 32.2 (102.0) (23.6) (53.3) (19.5) (40.3) (1.5) 21.3 101.7 (22.6) (55.6) (0.6) 14.5 (34.7) (2.9) 12.4 (16.9) (65.0) (36.6) (109.3) (74.6) (71.2)
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
Income Statement
Revenue 751.1 777.7 519.0 401.2 326.0 572.4 330.4 335.8 235.3 356.9 400.3 301.1 275.2 462.6 292.3 243.2 201.0 342.5 207.2 228.5 194.0 249.4 200.3 187.9 156.7 117.2 233.5 233.8 200.7 213.6 190.2 168.9 169.4 123.3 93.8 86.8 72.2 65.3 51.9 52.5 38.8 24.5 28.4 33.8 86.2
Gross Profit 225.5 239.9 151.7 144.8 88.8 219.3 83.6 105.7 38.1 92.4 (5.2) 56.4 54.1 71.4 50.9 (2.0) 27.4 68.7 36.9 35.9 53.7 65.2 52.5 24.5 19.2 23.5 42.4 28.4 1.6 5.2 21.7 30.8 44.4 12.9 (17.1) (7.8) (8.7) (21.8) (42.1) (13.5) (25.6) (74.9) (40.7) (21.9) (44.1)
Operating Income 72.2 87.5 7.8 34.2 (19.0) 104.7 (4.8) 14.1 (49.0) 12.9 (103.7) (54.5) (63.8) (40.6) (52.6) (102.2) (66.2) (13.5) (43.9) (44.1) (15.3) (3.0) (3.8) (31.2) (47.1) (49.4) (35.2) (63.3) (86.7) (100.2) (67.8) (7.2) 5.4 (28.2) (48.5) (43.2) (40.6) (58.0) (81.9) (46.2) (56.3) (103.8) (70.4) (57.9) (72.0)
Net Income 70.7 1.1 (23.1) (42.6) (23.8) 104.8 (14.7) (61.8) (57.5) 4.5 (169.0) (66.1) (71.6) (47.2) (57.1) (118.8) (78.4) (33.3) (52.4) (53.9) (24.9) (27.1) (12.0) (42.5) (75.9) (65.8) (51.8) (81.9) (104.9) (115.4) (78.6) (45.7) (17.7) (67.8) (71.8) (63.5) (59.5) (77.5) (90.9) (51.8) (59.4) (115.8) (79.8) (61.5) (83.9)
EPS (Diluted) 0.23 0.00 -0.10 -0.18 -0.10 0.36 -0.06 -0.27 -0.25 0.02 -0.80 -0.32 -0.36 -0.25 -0.32 -0.67 -0.47 -0.19 -0.30 -0.31 -0.15 -0.16 -0.09 -0.34 -0.61 -0.99 -0.30 -0.55 -0.76 -0.89 -0.97 -0.65 -0.25 -1.17 -1.23 -1.08 -1.02 -7.66 -9.07 -5.18 -5.96 -11.68 -8.24 -6.38 -8.75
Balance Sheet
Cash & Equivalents 2,491.4 2,454.1 595.1 574.8 794.8 802.9 495.7 581.7 516.0 664.6 557.4 767.1 320.4 348.5 492.1 235.6 286.0 396.0 121.9 204.0 180.7 246.9 325.2 144.1 180.3 202.8 226.5 308.0 320.4 220.7 395.5 91.6 88.2 103.8 123.7 153.3 (156.6) 156.6 157.3 125.0 119.7
Total Assets 4,664.7 4,396.7 2,638.2 2,530.4 2,608.0 2,657.4 2,604.5 2,548.0 2,286.1 2,413.7 2,376.2 2,719.9 2,192.2 1,946.6 1,902.1 1,580.8 1,650.0 1,725.6 1,431.7 1,464.0 1,451.3 1,454.4 1,474.4 1,277.5 1,312.6 1,322.6 1,169.9 1,222.6 1,318.8 1,389.7 1,445.1 1,157.7 1,184.6 1,221.0 1,239.0 1,231.6 0 1,204.0 1,139.6 1,048.7 968.1
Total Debt 2,773.0 2,992.0 1,513.4 1,521.6 1,523.0 1,529.8 1,695.1 1,720.3 1,451.9 1,454.7 1,442.8 1,567.7 1,011.4 1,020.6 1,078.9 1,083.9 1,107.5 1,123.5 1,059.1 1,064.0 1,052.2 913.4 1,034.5 1,097.8 1,150.7 1,094.0 664.0 668.2 741.1 1,135.1 740.8 960.1 950.5 941.3 926.2 911.4 0 794.3 794.3 743.2 701.1
Stockholders' Equity 921.5 768.6 653.1 594.6 578.3 562.5 430.9 423.3 466.1 502.1 486.6 307.8 399.3 340.8 172.9 (177.0) (90.8) (44.3) (46.9) (21.6) 6.1 78.8 (22.4) (317.0) (333.1) (259.6) (106.8) (115.8) (105.4) (91.7) (85.0) (2,227.0) (2,189.6) (2,180.0) (641.9) (587.7) (246.2) (481.2) (414.3) (329.8) (289.6)
Cash Flow
Operating Cash Flow 73.6 421.4 19.7 (213.1) (110.7) 484.2 (69.5) (175.5) (147.3) 121.8 (133.2) (46.5) (314.7) (23.3) (69.9) (6.1) (92.4) 47.2 (72.6) 53.7 (89.0) (18.8) (39.8) (12.3) (27.9) 24.6 37.9 113.5 (9.8) (44.8) 4.9 15.9 (34.5) (2.1) 14.5 (15.5) (64.0) (34.0) (107.9) (71.6) (69.2)
Capital Expenditure (26.1) (23.0) (12.3) (7.2) (14.3) (11.1) (14.3) (12.0) (21.4) (16.3) (21.3) (19.6) (26.6) (35.9) (36.2) (26.2) (18.5) (5.2) (10.2) (21.5) (12.9) (4.8) (13.5) (7.2) (12.4) (26.1) (16.6) (11.8) (12.8) (10.8) (5.5) (1.4) (0.2) (0.8) (2.0) (1.3) (0.9) (2.6) (1.4) (3.0) (2.0)
Free Cash Flow 47.5 398.5 7.4 (220.4) (124.9) 473.1 (83.8) (187.5) (168.7) 105.6 (154.5) (66.1) (341.3) (59.2) (106.1) (32.3) (111.0) 42.0 (82.8) 32.2 (102.0) (23.6) (53.3) (19.5) (40.3) (1.5) 21.3 101.7 (22.6) (55.6) (0.6) 14.5 (34.7) (2.9) 12.4 (16.9) (65.0) (36.6) (109.3) (74.6) (71.2)