BEAM - Beam Therapeutics Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$59.50
DETAILS
HIGH:
$80.00
LOW:
$39.00
MEDIAN:
$59.50
CONSENSUS:
$59.50
UPSIDE:
100.61%
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||
| Revenue | 0.5 | 31.7 | 114.1 | 9.7 | 8.5 | 7.5 | 30.1 | 14.3 | 11.8 | 7.4 | 316.2 | 17.2 | 20.1 | 24.2 | 20.0 | 15.8 | 16.7 | 8.4 | 51.1 | 0.8 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 |
| Cost of Revenue | 0 | 11.1 | 5.7 | 109.8 | 101.8 | 98.8 | 101.4 | 94.3 | 87.0 | 84.8 | 140.1 | 100.0 | 97.6 | 99.6 | 86.3 | 85.3 | 74.6 | 65.4 | (58.2) | 54.6 | 45.6 | 190.1 | 32.5 | 29.8 | 19.4 | 21.5 | 20.2 | 12.5 | 12.7 | 9.2 | 13.5 | 6.3 | 7.1 | 7.1 |
| Gross Profit | 0.5 | 20.7 | 108.4 | (100.1) | (93.3) | (91.3) | (71.4) | (80.0) | (75.3) | (77.4) | 176.1 | (82.9) | (77.5) | (75.4) | (66.3) | (69.5) | (57.9) | (57.0) | 109.2 | (53.9) | (45.6) | (190.1) | (32.4) | (29.8) | (19.3) | (21.5) | (20.2) | (12.5) | (12.7) | (9.2) | (13.5) | (6.3) | (7.1) | (7.1) |
| Operating Expenses | ||||||||||||||||||||||||||||||||||
| R&D Expenses | 95.1 | 104.5 | 99.3 | 109.8 | 101.8 | 98.8 | 101.4 | 94.3 | 87.0 | 84.8 | 140.1 | 100.0 | 97.6 | 99.6 | 86.3 | 85.3 | 74.6 | 65.4 | 96.8 | 54.6 | 45.6 | 190.1 | 32.5 | 29.8 | 19.4 | 21.5 | 20.2 | 12.5 | 12.7 | 9.2 | 9.9 | 9.9 | 7.1 | 7.1 |
| SG&A Expenses | 31.9 | 34.4 | 26.6 | 26.7 | 26.9 | 27.9 | 28.7 | 26.5 | 29.6 | 26.7 | 43.3 | 25.4 | 24.7 | 23.5 | 22.7 | 21.8 | 24.1 | 19.2 | 17.8 | 15.8 | 13.4 | 10.3 | 8.4 | 7.5 | 6.9 | 6.8 | 6.2 | 5.5 | 5.0 | 3.9 | 3.7 | 2.8 | 2.7 | 2.7 |
| Other Expenses | 0 | (11.1) | 0 | (109.8) | (101.8) | (98.8) | (101.4) | (94.3) | (87.0) | (84.8) | (140.1) | (100.0) | (97.6) | (99.6) | (86.3) | (85.3) | (74.6) | (65.4) | 58.2 | (54.6) | (45.6) | (190.1) | (32.5) | (29.8) | (19.4) | (21.5) | (20.2) | (12.5) | (12.7) | (9.2) | (13.5) | (6.3) | (7.1) | (7.1) |
| Operating Expenses | 127.0 | 127.9 | 125.9 | 26.7 | 26.9 | 27.9 | 28.7 | 26.5 | 29.6 | 26.7 | 43.3 | 25.4 | 24.7 | 23.5 | 22.7 | 21.8 | 24.1 | 19.2 | 172.7 | 15.8 | 13.4 | 10.3 | 8.4 | 7.5 | 6.9 | 6.8 | 6.2 | 5.5 | 5.0 | 3.9 | 0.1 | 6.4 | 2.7 | 2.7 |
| Operating Income | ||||||||||||||||||||||||||||||||||
| Operating Income | (126.6) | (107.2) | (17.4) | (126.8) | (120.2) | (119.3) | (100.0) | (106.5) | (104.9) | (104.1) | 132.9 | (108.3) | (102.1) | (98.9) | (89.0) | (91.3) | (82.0) | (76.2) | (63.5) | (69.6) | (59.0) | (200.4) | (40.8) | (37.3) | (26.3) | (28.4) | (26.4) | (18.0) | (17.7) | (13.1) | (13.6) | (12.7) | (9.7) | (9.7) |
| Interest Expense | 0 | 0 | 10.6 | 0 | 0 | 0 | 0 | 0 | – | 0 | 0 | 0 | 0 | 0 | 0 | 0 | – | – | 0 | – | 0.1 | 0.0 | 0 | 0 | 0.5 | 0 | 0.1 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 7.5 | 9.9 | 0 | 10.9 | 0 | 9.9 | 10.9 | 12.1 | 14.2 | 11.8 | 12.1 | 12.7 | 12.0 | 10.0 | 7.6 | 5.0 | 2.1 | 0.6 | 0.1 | 0.0 | 0 | 0 | 0.0 | 0.2 | 0.8 | 0.6 | 0.5 | 0.7 | 0.8 | 0.5 | 0.2 | 0.1 | 0 | 0 |
| Profitability | ||||||||||||||||||||||||||||||||||
| EBITDA | (125.0) | (88.7) | 260.6 | (107.2) | (96.8) | (103.7) | (84.9) | (91.2) | (85.4) | (93.2) | 149.5 | (90.9) | (78.0) | (91.8) | (33.4) | (103.7) | (68.5) | (65.9) | 94.1 | (26.4) | (74.5) | (199.0) | (39.5) | (36.1) | (25.1) | (27.3) | (25.4) | (17.1) | (16.8) | (12.4) | (16.6) | (9.0) | (9.7) | (9.7) |
| EBIT | (130.4) | (94.3) | 254.9 | (112.7) | (102.3) | (109.3) | (90.4) | (96.7) | (91.0) | (98.7) | 144.2 | (96.1) | (82.8) | (96.5) | (37.3) | (107.2) | (72.0) | (69.2) | 91.5 | (28.1) | (76.2) | (200.4) | (40.8) | (37.3) | (26.3) | (28.4) | (26.4) | (18.0) | (17.7) | (13.1) | (17.2) | (9.1) | (9.7) | (9.7) |
| Income Before Tax | (122.7) | (94.3) | 244.3 | (112.7) | (102.3) | (109.3) | (90.4) | (96.7) | (91.0) | (98.7) | 144.2 | (96.1) | (82.8) | (96.5) | (37.3) | (107.2) | (72.0) | (69.2) | (64.7) | (28.1) | (76.3) | (201.6) | (95.5) | (34.5) | (34.2) | (30.5) | (27.9) | (19.0) | (17.9) | (13.6) | (25.2) | (71.2) | (10.2) | (10.2) |
| Income Tax Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.0 | 0 | 1.4 | 0 | 0 | 0 | 1 | 2.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income | (122.7) | (94.3) | 244.3 | (112.7) | (102.3) | (109.3) | (90.4) | (96.7) | (91.1) | (98.7) | 142.8 | (96.1) | (82.8) | (96.5) | (38.3) | (109.6) | (72.0) | (69.2) | (64.7) | (28.1) | (76.3) | (201.6) | (95.5) | (34.5) | (34.2) | (30.5) | (27.9) | (19.0) | (17.9) | (13.6) | (25.2) | (69.8) | (10.1) | (10.1) |
| Per Share Data | ||||||||||||||||||||||||||||||||||
| EPS (Basic) | -1.18 | -0.91 | 2.37 | -1.10 | -1.00 | -1.24 | -1.09 | -1.17 | -1.11 | -1.21 | 1.77 | -1.22 | -1.08 | -1.16 | -0.54 | -1.56 | -0.69 | -0.80 | -0.95 | -0.42 | -1.23 | -3.35 | -1.59 | -0.69 | -0.69 | -0.99 | -0.91 | -0.54 | -0.51 | -0.39 | -0.72 | -1.99 | -8.11 | -8.11 |
| EPS (Diluted) | -1.18 | -0.91 | 2.33 | -1.10 | -1.00 | -1.24 | -1.09 | -1.17 | -1.11 | -1.21 | 1.73 | -1.22 | -1.08 | -1.16 | -0.54 | -1.56 | -0.69 | -0.80 | -0.95 | -0.42 | -1.23 | -3.35 | -1.59 | -0.69 | -0.69 | -0.99 | -0.91 | -0.54 | -0.51 | -0.39 | -0.72 | -1.99 | -8.11 | -8.11 |
| Shares Outstanding | 104.3 | 103.3 | 102.9 | 102.6 | 102.0 | 88.0 | 82.8 | 82.4 | 82.3 | 81.7 | 80.9 | 79.0 | 76.3 | 72.3 | 70.8 | 70.3 | 70.2 | 68.7 | 68.0 | 66.4 | 62.2 | 60.2 | 60.2 | 50.1 | 49.4 | 30.7 | 30.7 | 35.1 | 35.1 | 35.1 | 35.1 | 35.1 | 1.3 | 1.3 |
| 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 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 219.8 | 288.3 | 294.9 | 268.0 | 282.1 | 527.9 | 282.0 | 230.2 | 292.8 | 287.8 | 435.9 | 169.0 | 225.5 | 249.8 | 232.8 | 156.5 | 265.6 | 296.8 | 560.0 | 612.0 | 212.0 | 97.2 | 162.2 | 137.9 | 125.3 | 126.0 | 37.2 | 37.8 | 37.9 | (146.4) | 146.4 | (1.9) |
| Short-Term Investments | 933.1 | 923.4 | 950.3 | 807.0 | 868.2 | 692.0 | 568.8 | 695.6 | 715.4 | 806.7 | 754.0 | 846.4 | 847.5 | 809.7 | 845.4 | 938.0 | 900.5 | 925.8 | 405.7 | 321.4 | 403.3 | 406.2 | 137.5 | 64.3 | 102.6 | 127.4 | 54.6 | 73.1 | 88.9 | 292.9 | 0 | 3.8 |
| Net Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 300 | 0 | 50 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 |
| Other Current Assets | 0 | 55.3 | 0 | 0 | 25.1 | 27.7 | 27.4 | 19.8 | 21.3 | 27.2 | 21.2 | 24.1 | 21.8 | 23.6 | 14.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Assets | 1,178.6 | 1,267.0 | 1,268.7 | 1,098.5 | 1,175.5 | 1,247.6 | 878.1 | 945.5 | 1,029.4 | 1,121.7 | 1,211.0 | 1,039.5 | 1,094.8 | 1,083.0 | 1,092.9 | 1,108.9 | 1,179.9 | 1,239.5 | 1,273.0 | 941.4 | 678.0 | 514.6 | 308.3 | 208.7 | 234.8 | 259.6 | 94.5 | 114.8 | 129.4 | 146.4 | 148.3 | 1.9 |
| Non-Current Assets | ||||||||||||||||||||||||||||||||
| Property, Plant & Equipment | 193.2 | 199.4 | 205.2 | 205.3 | 208.4 | 211.8 | 216.3 | 218.2 | 224.3 | 229.9 | 237.8 | 239.7 | 242.3 | 238.0 | 234.1 | 226.7 | 223.5 | 199.8 | 187.0 | 174.7 | 169.7 | 158.8 | 125.4 | 51.2 | 48.6 | 46.9 | 43.2 | 38.0 | 36.8 | 0 | 16.9 | 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 |
| 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 |
| Long-Term Investments | 0 | 0 | 6.7 | 0 | 0 | 0 | 0 | 0 | 0 | 6.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 24.5 | 29.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 14.6 | 14.4 | 0.6 | 7.2 | 7.3 | 7.5 | 9.4 | 7.6 | 7.5 | 1.7 | 10.9 | 11.3 | 16.8 | 11.3 | 14.7 | 14.6 | 15.0 | 14.1 | 14.5 | 15.9 | 16.0 | 19.9 | 18.0 | 18.4 | 16.6 | 16.1 | 18.3 | 17.8 | 14.4 | (146.4) | 1.8 | (1.9) |
| Total Non-Current Assets | 207.8 | 213.8 | 212.5 | 212.5 | 215.7 | 219.3 | 225.7 | 225.8 | 231.8 | 238.1 | 248.7 | 251.0 | 259.1 | 249.3 | 248.8 | 241.3 | 238.5 | 213.9 | 201.4 | 215.1 | 215.1 | 178.7 | 143.4 | 69.6 | 65.1 | 63.0 | 61.6 | 55.8 | 51.2 | (146.4) | 18.7 | (1.9) |
| Total Assets | 1,386.4 | 1,480.8 | 1,481.2 | 1,311.1 | 1,391.2 | 1,466.9 | 1,103.8 | 1,171.4 | 1,261.3 | 1,359.8 | 1,459.7 | 1,290.5 | 1,353.9 | 1,332.4 | 1,341.7 | 1,350.2 | 1,418.4 | 1,453.4 | 1,474.5 | 1,156.6 | 893.1 | 693.2 | 451.7 | 278.3 | 300.0 | 322.6 | 156.1 | 170.6 | 180.5 | 0 | 167.0 | 0 |
| Current Liabilities | ||||||||||||||||||||||||||||||||
| Account Payables | 13.1 | 12.3 | 10.2 | 9.5 | 10.6 | 7.7 | 3.9 | 3.8 | 4.4 | 2.8 | 1.6 | 3.2 | 6.9 | 14.1 | 9.0 | 7.0 | 7.1 | 6.3 | 7.5 | 7.3 | 8.0 | 8.0 | 6.3 | 6.6 | 6.2 | 6.1 | 7.8 | 3.9 | 3.6 | 0 | 7.4 | 0 |
| Short-Term Debt | 0 | 0 | 14.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.4 | 2.3 | 2.3 | 2.2 | 2.2 | 2.1 | 2.1 | 1.7 | 1.7 | 1.7 | 1.3 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 0 | 0.3 | 6.7 | 0 | 105.8 | 85.2 | 108.9 | 89.3 | 84.9 | 72.1 | 68.7 | 153.5 | 139.1 | 142.7 | 136.0 | 159.9 | 139.7 | 115.0 | 86.3 | 12.8 | 10.0 | 0 | 0.0 | 0 | 0 | 0 | 0 | 6.1 | 5.2 | 0 | 0 | 0 |
| Other Current Liabilities | 12.2 | 23.7 | 36.3 | 124.0 | 17.7 | 14.1 | 37.8 | 24.7 | 41.4 | 95.3 | 61.2 | 28.5 | 32.0 | 30.8 | 49.7 | 48.6 | 35.4 | 40.3 | 60.8 | 60.6 | 95.6 | 79.7 | 83.0 | 21.0 | 21.6 | 12.9 | 12.6 | 6.8 | 4.4 | 0 | 16.5 | 0 |
| Total Current Liabilities | 80.9 | 74.6 | 96.9 | 182.6 | 174.1 | 141.5 | 182.1 | 166.2 | 177.3 | 187.2 | 205.6 | 220.4 | 209.5 | 219.9 | 223.6 | 238.9 | 212.3 | 218.8 | 213.4 | 101.4 | 128.7 | 102.1 | 102.3 | 47.5 | 39.0 | 31.4 | 29.1 | 19.9 | 15.3 | 0 | 25.6 | 0 |
| Non-Current Liabilities | ||||||||||||||||||||||||||||||||
| Long-Term Debt | 100.3 | 100.2 | 139.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.8 | 2.4 | 3.0 | 3.6 | 4.2 | 4.7 | 5.3 | 4.4 | 4.9 | 5.3 | 4.4 | 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 |
| Other Non-Current Liabilities | 6.2 | 5.8 | (133.6) | 23.8 | 8.0 | 7.9 | 7.0 | 6.9 | 1.8 | 3.6 | 3.0 | 5.9 | 12.7 | 13.9 | 13.8 | 33.6 | 31.3 | 42.0 | 34.2 | 27.8 | 38.5 | 38.2 | 2.1 | 2.5 | 0.4 | 0.4 | 0.4 | 3.3 | 0.5 | 0 | 7.4 | 0 |
| Total Non-Current Liabilities | 238.3 | 241.8 | 145.9 | 162.5 | 170.2 | 202.2 | 188.2 | 213.8 | 229.8 | 259.1 | 272.8 | 291.2 | 332.7 | 350.9 | 384.6 | 396.9 | 405.9 | 405.5 | 434.3 | 201.3 | 215.8 | 168.7 | 103.8 | 30.8 | 30.2 | 29.8 | 26.0 | 23.9 | 21.6 | 0 | 7.4 | 0 |
| Total Liabilities | 319.2 | 316.4 | 242.8 | 345.1 | 344.3 | 343.8 | 370.3 | 380.1 | 407.2 | 446.3 | 478.4 | 511.6 | 542.2 | 570.8 | 608.2 | 635.8 | 618.2 | 624.3 | 647.7 | 302.7 | 344.5 | 270.8 | 206.1 | 78.2 | 69.2 | 61.2 | 55.2 | 43.8 | 36.9 | 0 | 33.0 | 0 |
| Stockholders' Equity | ||||||||||||||||||||||||||||||||
| Common Stock | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.6 | 0.6 | 0.6 | 0.5 | 0.5 | 0.5 | 0.1 | 0.4 | 0.3 | 0 | 0.1 | 0 |
| Retained Earnings | (1,858.2) | (1,735.5) | (1,641.2) | (1,890.9) | (1,778.2) | (1,675.9) | (1,566.6) | (1,476.3) | (1,379.6) | (1,288.6) | (1,189.9) | (1,332.7) | (1,236.6) | (1,153.8) | (1,057.4) | (1,019.0) | (909.4) | (837.5) | (768.3) | (703.6) | (675.4) | (599.2) | (397.6) | (302.2) | (267.7) | (233.5) | (203.0) | (175.2) | (156.2) | 0 | (124.7) | 0 |
| Accumulated Other Comprehensive Income | (2.2) | (1.1) | 1.1 | 0.8 | 0.0 | 0.2 | 0.7 | 1.8 | (1.1) | (0.9) | 0.6 | (2.0) | (2.0) | (0.8) | (2.4) | (4.7) | (4.2) | (2.7) | (0.1) | 0.0 | 0.0 | (0.0) | (0.0) | 0.0 | 0.2 | (0.3) | 0.0 | 0.0 | 0.1 | (117.4) | (0.7) | (9.4) |
| Total Stockholders' Equity | 1,067.4 | 1,164.4 | 1,238.4 | 966.0 | 1,046.8 | 1,123.1 | 733.5 | 791.3 | 854.1 | 913.5 | 981.3 | 778.9 | 811.6 | 761.5 | 733.5 | 714.5 | 800.2 | 829.1 | 826.7 | 853.8 | 548.6 | 422.4 | 245.6 | 200.1 | 230.8 | 261.4 | 100.9 | 126.7 | 143.7 | 134.0 | 134.0 | (4.2) |
| Total Liabilities & Equity | 1,386.6 | 1,480.8 | 1,481.2 | 1,311.1 | 1,391.2 | 1,466.9 | 1,103.8 | 1,171.4 | 1,261.3 | 1,359.8 | 1,459.7 | 1,290.5 | 1,353.9 | 1,332.4 | 1,341.7 | 1,350.2 | 1,418.4 | 1,453.4 | 1,474.5 | 1,156.6 | 893.1 | 693.2 | 451.7 | 278.3 | 300.0 | 322.6 | 156.1 | 170.6 | 180.5 | 134.0 | 167.0 | (4.2) |
| Debt Metrics | ||||||||||||||||||||||||||||||||
| Total Debt | 247.4 | 250.8 | 293.9 | 151.4 | 154.8 | 158.1 | 161.4 | 162.1 | 165.2 | 168.1 | 172.7 | 172.6 | 175.3 | 176.5 | 179.0 | 174.9 | 177.7 | 150.1 | 147.6 | 145.4 | 142.6 | 136.6 | 107.6 | 34.3 | 36.2 | 35.8 | 31.2 | 23.4 | 23.1 | 0 | 0 | 0 |
| Net Debt | 27.5 | (37.5) | (1.1) | (116.5) | (127.3) | (369.8) | (120.5) | (68.1) | (127.5) | (119.7) | (263.2) | 3.5 | (50.2) | (73.3) | (53.8) | 18.4 | (88.0) | (146.7) | (412.4) | (466.6) | (69.4) | 39.4 | (54.5) | (103.6) | (89.1) | (90.3) | (6.0) | (14.4) | (14.8) | 146.4 | (146.4) | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||||||||||
| Net Income | (122.7) | (94.3) | 244.3 | (112.7) | (102.3) | (109.3) | (90.4) | (96.7) | (91.1) | (98.7) | 142.8 | (96.1) | (82.8) | (96.5) | (38.3) | (109.6) | (72.0) | (69.2) | (64.7) | (28.1) | (76.3) | (201.6) | (95.5) | (34.5) | (34.2) | (30.5) | (27.9) | (19.0) | (17.9) | (13.6) | (25.2) | (71.2) | (10.1) | (10.1) |
| Depreciation & Amortization | 5.4 | 5.6 | 5.7 | 5.6 | 5.5 | 5.5 | 15.1 | 5.5 | 5.6 | 5.4 | 5.4 | 5.2 | 4.8 | 4.6 | 3.9 | 3.5 | 3.4 | 3.3 | 2.6 | 1.8 | 1.7 | 1.4 | 1.3 | 1.2 | 1.1 | 1.1 | 1.0 | 0.9 | 0.9 | 0.7 | 0.5 | 0.1 | 0.0 | 0.0 |
| Stock-Based Compensation | 19.3 | 19.0 | (73.8) | 22.7 | 24.4 | 26.7 | 30.2 | 29.6 | 31.6 | 29.3 | 22.6 | 25.8 | 26.3 | 23.9 | 22.5 | 22.2 | 21.6 | 18.0 | 15.5 | 13.0 | 10.5 | 4.6 | 6.8 | 3.0 | 2.8 | 2.8 | 2.1 | 2.0 | 2.1 | 0.9 | 1.5 | 4.3 | 0.6 | 0.6 |
| Change in Working Capital | 25.8 | (55.6) | (101.9) | (7.1) | 3.4 | (25.5) | (20.8) | (25.6) | (25.9) | (38.0) | (31.5) | (19.6) | (20.5) | (44.8) | (10.4) | (10.4) | 1.2 | 271.1 | 45.0 | 55.8 | 12.1 | (1.6) | 6.2 | 5.6 | (1.8) | (4.6) | 4.6 | (2.6) | 2.5 | (15.2) | 8.4 | (1.0) | 0.3 | 0.3 |
| Other Non-Cash Items | 6.1 | (3.2) | (157.6) | 10.1 | (7.5) | (1.4) | (10.6) | (0.9) | (3.2) | 2.2 | 31.1 | (5.1) | (12.5) | 2.9 | (46.9) | 19.8 | (6.6) | (4.8) | 3.4 | (39.4) | 19.5 | 158.6 | 56.9 | 3.4 | 9.2 | 3.8 | 2.4 | 0.4 | 0.4 | 0.3 | 5.6 | 53.3 | 5.3 | 5.3 |
| Operating Cash Flow | (66.1) | (128.5) | (83.3) | (81.5) | (76.5) | (103.9) | (76.4) | (88.1) | (83.0) | (99.7) | 135.1 | (89.8) | (84.7) | (109.8) | (69.2) | (74.5) | (52.3) | 218.5 | 1.8 | 3.0 | (32.5) | (38.6) | (24.3) | (21.2) | (22.8) | (27.4) | (17.8) | (17.0) | (11.4) | (25.9) | (3.0) | (9.4) | (4.0) | (4.0) |
| Investing Activities | ||||||||||||||||||||||||||||||||||
| Capital Expenditure | (2.4) | (2.2) | (3.7) | (5.0) | (3.1) | (3.1) | (3.0) | (1.6) | (2.0) | (2.4) | (3.6) | (7.9) | (16.2) | (6.0) | (8.3) | (11.8) | (21.6) | (7.3) | (13.4) | (5.8) | (16.2) | (11.5) | (8.1) | (2.8) | (2.4) | (3.0) | (2.2) | (1.4) | (6.6) | (2.4) | (11.2) | (0.7) | (0.6) | (0.6) |
| Acquisitions | 0 | 0 | 0 | (0.1) | 0 | 0 | 0 | 0 | 0 | 0 | (101.7) | 0 | 0 | (31.5) | (121.7) | 0 | (20.4) | 0 | 0 | 0 | 0 | 0.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (180.9) | (153.8) | (361.0) | (175.6) | (333.9) | (339.2) | 0 | (156.7) | (134.5) | (195.2) | (53.3) | (273.7) | (390.8) | (266.5) | (238.4) | (358.0) | (330.2) | (690.4) | (170.5) | (178.5) | (139.0) | (289.2) | (114.5) | (31.1) | (18.2) | (118.5) | (18.4) | (23.3) | (88.5) | 0 | 0 | (0.3) | 0 | 0 |
| Sales/Maturities of Investments | 173 | 181.3 | 218.0 | 246.4 | 166.7 | 217.1 | 129.2 | 183 | 223.9 | 144.2 | 155.0 | 271.4 | 365.5 | 298 | 360.1 | 333.6 | 350.6 | 160.3 | 106.3 | 260.4 | 142.1 | 20.4 | 41.2 | 69.2 | 43.5 | 44.7 | 37.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0.5 | 0 | 255.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 101.7 | 0 | 0 | 31.5 | 121.7 | 0 | 20.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 39.0 | (88.5) | 0 | 0 | (0.3) | 0 | 0 |
| Investing Cash Flow | (9.9) | 25.3 | 108.4 | 65.7 | (170.4) | (125.1) | 126.3 | 24.7 | 87.5 | (53.5) | 98.1 | (10.2) | (41.5) | 25.5 | 113.4 | (36.2) | (1.3) | (537.3) | (77.5) | 76.1 | (13.1) | (279.6) | (81.4) | 35.2 | 22.9 | (76.8) | 16.6 | 14.2 | (95.1) | (2.4) | (11.2) | (1.0) | (0.6) | (0.6) |
| Financing Activities | ||||||||||||||||||||||||||||||||||
| Net Debt Issuance | 0.8 | 93.9 | 0 | 0 | 0 | 0 | 0 | (0.2) | (0.1) | (0.2) | (0.6) | (0.4) | (0.6) | (0.6) | (0.6) | (0.6) | (0.6) | (0.6) | (0.5) | (0.5) | (0.5) | (0.5) | 1.2 | (0.4) | (0.4) | 1.3 | 2.1 | 3.6 | 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 | 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 |
| Other Financing Activities | (0.8) | (0.8) | 0 | 0 | 1.8 | 2.2 | 0 | 0 | 0 | 0 | 0.7 | 2.2 | 0.5 | 5.0 | 3.8 | 0 | 0.5 | 2.2 | 1.8 | 2.5 | 2.7 | (6.2) | 1.7 | 0.5 | (0.3) | (0.8) | (1.4) | 0.1 | (0.0) | 0.0 | 0.0 | 0 | 24.9 | 24.9 |
| Financing Cash Flow | 7.5 | 96.6 | 1.9 | 1.7 | 1.1 | 473.4 | 3.4 | 1.3 | 0.1 | 2.9 | 33.7 | 36.8 | 107.5 | 98.4 | 32.0 | 1.6 | 22.3 | 55.7 | 21.5 | 320.9 | 160.4 | 253.3 | 130.0 | 0.1 | (0.8) | 193.0 | 0.7 | 2.7 | (0.0) | 37.9 | 120.1 | 9.9 | 24.9 | 24.9 |
| Cash Position | ||||||||||||||||||||||||||||||||||
| Net Change in Cash | (68.4) | (6.7) | 27.0 | (14.2) | (245.8) | 244.4 | 53.4 | (62.2) | 4.6 | (150.3) | 266.8 | (63.2) | (18.6) | 14.1 | 76.3 | (109.1) | (31.2) | (263.2) | (54.1) | 400.0 | 114.8 | (64.9) | 24.3 | 14.1 | (0.7) | 88.8 | (0.5) | (0.1) | (106.5) | 9.7 | 105.9 | (0.5) | 20.3 | 20.3 |
| Cash at Beginning | 295.0 | 294.9 | 274.6 | 282.1 | 534.5 | 290.1 | 236.8 | 298.9 | 294.3 | 444.6 | 169.0 | 241.0 | 259.6 | 245.5 | 169.3 | 278.4 | 309.6 | 572.7 | 626.9 | 226.9 | 112.1 | 177.0 | 152.7 | 138.6 | 139.4 | 50.6 | 51.1 | 51.2 | 157.6 | 147.9 | 42.1 | 42.5 | 22.2 | 0 |
| Cash at End | 226.5 | 288.3 | 301.6 | 268.0 | 288.8 | 534.5 | 290.1 | 236.8 | 298.9 | 294.3 | 435.9 | 177.7 | 241.0 | 259.6 | 245.5 | 169.3 | 278.4 | 309.6 | 572.7 | 626.9 | 226.9 | 112.1 | 177.0 | 152.7 | 138.6 | 139.4 | 50.6 | 51.1 | 51.2 | 157.6 | 147.9 | 42.1 | 42.5 | 20.3 |
| Free Cash Flow | (68.5) | (130.7) | (87.0) | (86.5) | (79.6) | (106.9) | (79.3) | (89.7) | (85.0) | (102.2) | 131.5 | (97.7) | (100.8) | (115.8) | (77.5) | (86.3) | (73.9) | 211.2 | (11.5) | (2.8) | (48.7) | (50.1) | (32.4) | (24.0) | (25.2) | (30.4) | (20.0) | (18.4) | (17.9) | (28.2) | (14.2) | (10.1) | (4.6) | (4.6) |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||||||||||||||||||||
| Revenue | 0.5 | 31.7 | 114.1 | 9.7 | 8.5 | 7.5 | 30.1 | 14.3 | 11.8 | 7.4 | 316.2 | 17.2 | 20.1 | 24.2 | 20.0 | 15.8 | 16.7 | 8.4 | 51.1 | 0.8 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 0.5 | 20.7 | 108.4 | (100.1) | (93.3) | (91.3) | (71.4) | (80.0) | (75.3) | (77.4) | 176.1 | (82.9) | (77.5) | (75.4) | (66.3) | (69.5) | (57.9) | (57.0) | 109.2 | (53.9) | (45.6) | (190.1) | (32.4) | (29.8) | (19.3) | (21.5) | (20.2) | (12.5) | (12.7) | (9.2) | (13.5) | (6.3) | (7.1) | (7.1) |
| Operating Income | (126.6) | (107.2) | (17.4) | (126.8) | (120.2) | (119.3) | (100.0) | (106.5) | (104.9) | (104.1) | 132.9 | (108.3) | (102.1) | (98.9) | (89.0) | (91.3) | (82.0) | (76.2) | (63.5) | (69.6) | (59.0) | (200.4) | (40.8) | (37.3) | (26.3) | (28.4) | (26.4) | (18.0) | (17.7) | (13.1) | (13.6) | (12.7) | (9.7) | (9.7) |
| Net Income | (122.7) | (94.3) | 244.3 | (112.7) | (102.3) | (109.3) | (90.4) | (96.7) | (91.1) | (98.7) | 142.8 | (96.1) | (82.8) | (96.5) | (38.3) | (109.6) | (72.0) | (69.2) | (64.7) | (28.1) | (76.3) | (201.6) | (95.5) | (34.5) | (34.2) | (30.5) | (27.9) | (19.0) | (17.9) | (13.6) | (25.2) | (69.8) | (10.1) | (10.1) |
| EPS (Diluted) | -1.18 | -0.91 | 2.33 | -1.10 | -1.00 | -1.24 | -1.09 | -1.17 | -1.11 | -1.21 | 1.73 | -1.22 | -1.08 | -1.16 | -0.54 | -1.56 | -0.69 | -0.80 | -0.95 | -0.42 | -1.23 | -3.35 | -1.59 | -0.69 | -0.69 | -0.99 | -0.91 | -0.54 | -0.51 | -0.39 | -0.72 | -1.99 | -8.11 | -8.11 |
| Balance Sheet | ||||||||||||||||||||||||||||||||||
| Cash & Equivalents | 219.8 | 288.3 | 294.9 | 268.0 | 282.1 | 527.9 | 282.0 | 230.2 | 292.8 | 287.8 | 435.9 | 169.0 | 225.5 | 249.8 | 232.8 | 156.5 | 265.6 | 296.8 | 560.0 | 612.0 | 212.0 | 97.2 | 162.2 | 137.9 | 125.3 | 126.0 | 37.2 | 37.8 | 37.9 | (146.4) | 146.4 | (1.9) | ||
| Total Assets | 1,386.4 | 1,480.8 | 1,481.2 | 1,311.1 | 1,391.2 | 1,466.9 | 1,103.8 | 1,171.4 | 1,261.3 | 1,359.8 | 1,459.7 | 1,290.5 | 1,353.9 | 1,332.4 | 1,341.7 | 1,350.2 | 1,418.4 | 1,453.4 | 1,474.5 | 1,156.6 | 893.1 | 693.2 | 451.7 | 278.3 | 300.0 | 322.6 | 156.1 | 170.6 | 180.5 | 0 | 167.0 | 0 | ||
| Total Debt | 247.4 | 250.8 | 293.9 | 151.4 | 154.8 | 158.1 | 161.4 | 162.1 | 165.2 | 168.1 | 172.7 | 172.6 | 175.3 | 176.5 | 179.0 | 174.9 | 177.7 | 150.1 | 147.6 | 145.4 | 142.6 | 136.6 | 107.6 | 34.3 | 36.2 | 35.8 | 31.2 | 23.4 | 23.1 | 0 | 0 | 0 | ||
| Stockholders' Equity | 1,067.4 | 1,164.4 | 1,238.4 | 966.0 | 1,046.8 | 1,123.1 | 733.5 | 791.3 | 854.1 | 913.5 | 981.3 | 778.9 | 811.6 | 761.5 | 733.5 | 714.5 | 800.2 | 829.1 | 826.7 | 853.8 | 548.6 | 422.4 | 245.6 | 200.1 | 230.8 | 261.4 | 100.9 | 126.7 | 143.7 | 134.0 | 134.0 | (4.2) | ||
| Cash Flow | ||||||||||||||||||||||||||||||||||
| Operating Cash Flow | (66.1) | (128.5) | (83.3) | (81.5) | (76.5) | (103.9) | (76.4) | (88.1) | (83.0) | (99.7) | 135.1 | (89.8) | (84.7) | (109.8) | (69.2) | (74.5) | (52.3) | 218.5 | 1.8 | 3.0 | (32.5) | (38.6) | (24.3) | (21.2) | (22.8) | (27.4) | (17.8) | (17.0) | (11.4) | (25.9) | (3.0) | (9.4) | (4.0) | (4.0) |
| Capital Expenditure | (2.4) | (2.2) | (3.7) | (5.0) | (3.1) | (3.1) | (3.0) | (1.6) | (2.0) | (2.4) | (3.6) | (7.9) | (16.2) | (6.0) | (8.3) | (11.8) | (21.6) | (7.3) | (13.4) | (5.8) | (16.2) | (11.5) | (8.1) | (2.8) | (2.4) | (3.0) | (2.2) | (1.4) | (6.6) | (2.4) | (11.2) | (0.7) | (0.6) | (0.6) |
| Free Cash Flow | (68.5) | (130.7) | (87.0) | (86.5) | (79.6) | (106.9) | (79.3) | (89.7) | (85.0) | (102.2) | 131.5 | (97.7) | (100.8) | (115.8) | (77.5) | (86.3) | (73.9) | 211.2 | (11.5) | (2.8) | (48.7) | (50.1) | (32.4) | (24.0) | (25.2) | (30.4) | (20.0) | (18.4) | (17.9) | (28.2) | (14.2) | (10.1) | (4.6) | (4.6) |