BrightSpire Capital, Inc. logo BRSP - BrightSpire Capital, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 5
HOLD 1
SELL 2
STRONG
SELL
0
| PRICE TARGET: $6.00 DETAILS
HIGH: $6.00
LOW: $6.00
MEDIAN: $6.00
CONSENSUS: $6.00
UPSIDE: 5.82%
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
Revenue
Revenue 82.2 83.2 81.4 84.3 77.6 83.5 85.6 88.5 92.7 102.8 99.9 96.1 98.2 100.3 95.5 84.6 78.1 121.6 84.3 74.1 79.8 102.9 98.5 103.8 119.2 130.7 133.1 145.5 140.0 136.0 131.1 115.8 90.5 38.3 42.7 42.7 40.3 39.4
Cost of Revenue 53.5 41.5 51.0 48.6 32.2 29.4 47.3 46.0 48.8 39.9 51.0 49.5 48.5 51.1 47.7 35.3 31.3 1.5 31.7 29.9 37.9 52.3 46.9 51.4 61.3 69.2 73.2 84.9 83.1 115.3 70.7 62.4 43.4 6.8 6.9 7.5 7.7 1.8
Gross Profit 28.7 41.7 30.4 35.7 45.4 54.1 38.3 42.5 43.9 62.9 48.8 46.5 49.7 49.2 47.8 49.3 46.8 120.0 52.5 44.2 41.8 50.6 51.6 52.3 57.8 61.5 59.8 60.6 56.9 20.6 60.4 53.4 47.1 31.5 35.8 35.2 32.6 37.6
Operating Expenses
R&D 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 0 0 0 0 0 0
SG&A Expenses 9.1 (29.9) 8.1 8.2 13.6 0 8.2 9.6 8.8 0 12.0 9.4 8.8 8.6 8.4 8.3 8.2 0 12.9 12.4 14.0 14.5 12.9 14.0 15.0 17.9 19.1 19.4 18.0 21.2 18.7 18.7 11.2 3.5 3.6 4.4 3.7 4.0
Other Expenses 13.5 48.7 18.3 14.2 27.5 10.8 14.1 51.9 88 12.5 19.8 40.2 51.1 25.0 52.9 22.9 12.1 11.6 8.5 15.2 18.6 9.4 25.2 14.0 87.9 19.5 136.2 139.5 27.5 97.2 63.3 22.5 18.3 1.5 1.7 1.6 1.4 0
Operating Expenses 22.5 18.8 26.3 22.4 41.1 10.8 22.3 61.4 96.8 12.5 31.8 49.5 59.9 33.6 61.2 31.2 20.3 11.6 21.4 27.6 32.6 23.9 38.0 27.9 102.9 37.3 154.5 158.4 45.5 118.4 82.0 41.1 29.5 5.0 5.3 6.1 5.1 4.6
Operating Income
Operating Income 6.2 22.9 4.0 13.4 4.2 43.3 16.1 (18.9) (52.9) 50.4 17.1 (3.0) (10.2) 15.6 (13.4) 18.1 26.5 108.5 31.1 16.7 9.2 26.6 13.6 24.4 (45.1) 24.2 (95.5) (98.3) 11.4 (57.7) (21.6) 12.2 17.6 26.5 30.4 29.1 27.4 33.0
Interest Expense 5.1 56.9 31.4 6.8 32.2 6.7 6.7 6.7 6.8 6.8 6.8 6.8 5.5 7.0 7.0 7.1 7.6 7.9 8.0 7.8 8.6 11.8 12.2 11.8 13.1 13.6 14.3 13.9 13.6 14.0 13.3 9.8 6.4 1.3 1.7 1.1 1.0 0
Interest Income 0 97.9 48.9 0 48.1 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 5.9
Profitability
EBITDA 16.9 25.4 10.9 (29.5) 16.5 42.1 28.5 (52.8) (39.6) 49.3 28.3 7.5 0.7 20.4 (4.1) 51.1 44.7 103.8 59.9 27.8 (75.6) 29.4 19.9 (127.3) (64.5) 52.9 (344.8) (80.3) 34.6 (44.0) (32.9) 29.5 0.2 27.6 32.2 30.8 29.0 33.0
EBIT 8.3 17.4 3.7 (40.1) 6.0 31.8 18.4 (61.7) (50.1) 41.2 19.4 (0.4) (7.4) 12.5 (12.8) 42.2 36.0 96.6 50.8 17.8 (85.2) 16.4 5.1 (141.4) (82.5) 32.5 (370.8) (109.6) 6.9 (62.3) (56.1) 10.2 (12.3) 26.1 29.6 28.1 26.7 33.0
Income Before Tax 3.2 (14.3) (1.4) (46.8) 4.0 (20.8) 11.7 (68.5) (56.9) (16.1) 12.6 (7.2) (3.8) 5.5 (19.8) 35.1 28.4 91.4 (69.7) (23.8) (96.3) (60.6) (8.9) (238.5) (78.4) 18.8 (385.0) (123.5) (6.7) (76.3) (69.4) 0.4 (18.7) 24.7 30.9 33.2 31.8 27.1
Income Tax Expense 0.1 0.0 (0.1) (21.7) 0.3 0.4 0.2 0.2 0.3 0.2 0.2 0.3 0.4 1.3 0.6 0.5 0.0 6.1 2.1 (0.1) (1.8) 0.6 (15.4) 2.1 1.7 2.6 1.0 (0.1) (0.4) 39.9 (2.5) 0.2 (0.5) 2.1 (0.5) 0.9 (0.2) 0.7
Net Income 4.8 (14.4) 1.0 (23.1) 5.3 (19.7) 12.7 (67.9) (57.1) (16.3) 12.4 (7.5) (4.1) 4.2 (20.5) 34.3 27.7 81.0 (70.1) (19.7) (92.3) (52.5) 5.0 (227.1) (78.8) 34.0 (356.0) (107.3) 14.9 (127.1) (52.7) 16.0 (4.7) 21.4 21.3 21.5 20.8 26.3
Per Share Data
EPS (Basic) 0.03 -0.12 0.01 -0.19 0.04 -0.16 0.10 -0.53 -0.45 -0.13 0.10 -0.06 -0.03 0.03 -0.16 0.26 0.21 0.65 -0.54 -0.15 -0.71 -0.41 0.04 -1.77 -0.62 0.26 -2.77 -0.84 0.11 -1.00 -0.42 0.12 -0.05 0.19 0.16 0.17 0.16 0.21
EPS (Diluted) 0.03 -0.12 0.01 -0.19 0.04 -0.16 0.09 -0.53 -0.45 -0.13 0.09 -0.06 -0.03 0.03 -0.16 0.26 0.21 0.65 -0.54 -0.15 -0.71 -0.41 0.04 -1.77 -0.62 0.26 -2.77 -0.84 0.11 -1.00 -0.42 0.12 -0.05 0.19 0.16 0.17 0.16 0.21
Shares Outstanding 125.9 126.9 126.9 127.2 127.1 129.7 127.5 128.0 127.3 130.0 127.2 127.2 126.7 144.7 126.6 127.8 128.8 129.0 128.7 128.3 129.8 128.6 128.6 128.5 128.5 130.4 128.5 128.5 127.9 127.9 127.9 127.9 98.7 113.3 127.9 127.9 127.9 127.9
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
Current Assets
Cash & Cash Equivalents 96.6 66.8 113.4 154.3 200.9 302.2 263.8 203.3 306.2 257.5 236.2 218.2 313.5 306.3 286.5 317.7 246.1 259.7 208.7 210.2 430.3 474.8 462.0 438.0 393.8 69.6 60.3 59.8 89.9 77.3 56.3 155.4 335.0 25.2 55.6 31.6 (14.0) 14.0
Short-Term Investments 0 0 0 0 0 0 2.2 0 0 0 0 0 0 0 0 0 0 0 3.9 27.4 4.9 10.4 37.0 60.8 180.5 273.6 255.9 249.1 240.3 228.2 231.2 198.2 176.2 0 0.1 0.2 28.0 0
Net Receivables 2,707.4 2,648.8 2,292.0 2,317.8 2,356.5 2,408.0 2,532.7 2,640.5 40.9 41.5 76.4 3,185.3 3,411.1 3,528.6 3,887.7 3,864.1 3,812.2 3,529.7 3,206.2 2,947.4 2,639.7 2,247.2 2,212.1 2,306.7 2,415.3 2,644.8 42.6 47.2 55.9 48.8 37.8 35.9 61.0 1,337.3 0.4 0.4 0 0
Inventory 0 0 0 0 0 0 0 0 0 (5.6) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (6.6) (6.0) 0 (5.6) 0 0 0 (1,302.7) 0 0 0 0
Other Current Assets 92.7 107.0 108.2 131.7 125.1 153.7 182.7 112.4 2,810.1 3,004.2 3,174.3 84.6 78.8 90.5 785.2 805.6 834.7 939.4 949.0 1,015.7 1,797.2 2,152.4 2,108.8 2,678.4 2,246.6 2,183.2 2,762.5 2,593.8 2,038.2 2,069.5 2,300.2 795.7 924.0 1,344.2 786.3 865.1 0 933.6
Total Current Assets 2,896.7 2,822.6 2,513.5 2,603.8 2,682.5 2,863.9 2,981.4 2,956.2 3,070.7 3,300.3 3,486.9 3,488.1 3,804.7 3,927.4 4,964.5 4,991.8 4,897.3 4,733.9 4,373.7 4,206.5 4,875.1 4,889.0 4,827.0 5,489.7 5,242.8 5,176.5 2,865.4 2,700.8 2,184.1 2,195.7 2,394.4 5,821.9 5,748.6 1,404.5 842.4 897.3 14.0 947.6
Non-Current Assets
Property, Plant & Equipment 19.0 19.8 20.7 21.6 22.3 23.2 24.1 24.9 25.7 22.1 22.9 23.4 24.2 25.2 25.9 26.7 27.5 25.0 25.9 26.3 21.6 22.1 23.2 23.7 24.3 25.5 25.3 25.3 16.3 0 1,906.2 0 1,495.1 219.7 209.5 211.0 0 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 0 0
Intangible Assets 28.1 27.6 35.6 35.5 46.6 47.2 49.6 50.5 42.8 46.5 47.0 58.0 51.1 54.0 54.8 58.4 62.7 65.0 67.3 70.4 73.5 75.7 85.9 79.8 98.5 112.8 125.1 143.5 114.1 134.1 141.6 102.4 113.2 11.0 8.2 9.1 0 0
Long-Term Investments 2.0 2.1 2.1 2.2 2.2 2.2 0 2.2 2.3 2.3 2.6 2.8 2.8 3.0 3.1 4.4 20.6 20.6 204.4 313.4 355.9 373.4 424.6 417.3 586.0 595.3 571.4 719.3 795.3 903.0 770.1 731.6 756.5 203.7 233.3 240.3 0 155.5
Other Non-Current Assets 702.0 692.6 732.5 746.5 797.1 786.9 783.3 744.0 805.1 814.7 784.4 782.5 721.2 740.8 732.1 758.8 792.5 793.9 807.2 825.2 855.2 851.8 1,151.0 839.7 1,242.0 1,504.3 1,597.0 1,938.8 2,117.0 1,988.8 173.5 1,580.8 57.0 0.5 826.4 868.4 (14.0) 699.1
Total Non-Current Assets 751.2 742.2 790.9 805.7 868.2 859.6 857.0 821.6 875.8 895.1 865.8 866.7 799.4 823.0 816.0 848.3 903.3 904.4 1,104.9 1,235.3 1,306.2 1,322.9 1,684.6 1,360.6 1,950.8 2,237.8 2,318.7 2,826.9 3,042.7 3,025.9 2,991.4 2,414.8 2,421.8 434.9 1,277.5 1,328.8 (14.0) 854.6
Total Assets 3,647.8 3,564.8 3,304.5 3,409.5 3,550.7 3,723.5 3,838.4 3,777.8 3,946.5 4,198.3 4,352.7 4,354.8 4,604.0 4,750.4 5,780.5 5,840.1 5,800.6 5,638.4 5,478.6 5,441.8 6,181.4 6,211.9 6,511.7 6,850.3 7,193.6 7,414.3 7,443.9 9,040.5 8,704.8 8,660.7 8,648.3 8,153.9 8,120.9 1,839.4 2,119.9 2,226.1 0 1,802.2
Current Liabilities
Account Payables 21.3 25.6 28.2 25.7 16.4 17.8 18.2 13.0 9.8 17.6 16.4 15.1 8.4 15.1 19.4 16.0 14.5 20.2 13.9 9.8 12.5 15.1 25.8 22.1 23.3 28.3 27.0 27.9 29.3 29.2 25.6 18.1 21.3 3.5 3.1 2.9 0 3.0
Short-Term Debt 0 0 0 0 0 200.8 0 0 104.8 913.5 1.3 1,217.3 1,292.2 1,340.0 1,533.7 1,487.6 1,199.8 905.1 558.5 1,002.8 787.9 535.2 608.6 900.2 1,260.4 1,099.2 205.2 1,808.8 198.4 193.2 179.2 127.4 281.0 0 0 0 0 0
Deferred Revenue 10.4 9.7 11.0 12.1 7.4 0 7.0 7.0 6.9 0 0 7.2 12.3 7.7 7.1 6.5 11.5 7.7 7.3 8.3 12.8 9.1 14.4 10.6 14.5 16.7 0 0 0 0 0 0 0 0.5 0 0 0 0
Other Current Liabilities 0 0 0 0 0 (74.4) 0 0 926.7 (909.8) 4.7 (1,217.3) (1,292.2) (1,340.0) (1,533.7) (1,487.6) (1,199.8) (905.1) (558.5) (1,002.8) (787.9) (534.9) (597.8) (888.0) (1,249.6) (1,098.9) (185.1) 56.0 812.2 803.5 862.3 616.0 322.1 0 4.1 4.3 0 0.2
Total Current Liabilities 127.4 144.6 141.2 139.6 148.1 276.4 151.7 144.9 1,178.3 174.9 162.7 146.8 149.3 165.5 176.6 159.3 170.1 170.8 140.8 143.3 243.9 119.1 143.0 146.0 167.8 191.8 219.5 2,038.4 1,193.9 1,173.0 1,233.7 884.7 751.6 42.0 8.3 8.5 0 4.0
Non-Current Liabilities
Long-Term Debt 2,593.9 2,469.9 2,171.4 2,255.6 2,344.9 2,290.5 1,969.9 1,897.4 2,474.8 2,715.6 2,843.6 2,855.4 3,069.8 3,164.4 4,168.4 4,194.2 4,100.3 3,944.2 3,625.2 3,476.9 4,072.2 4,103.0 4,318.4 4,668.7 4,981.7 4,951.4 3,039.2 5,926.2 5,631.2 5,594.2 5,188.4 4,693.7 4,330.6 389.7 486.4 546.1 0 502.4
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0 0 23.5 24.6 26.2 25.1 27.1 35.3 34.6 33.8 31.3 30.5 32.6 29.2 28.5 28.7 31.5 0 31.9 32.1 0 0 0 1.0 0 0 0 0 0
Other Non-Current Liabilities 0.6 1.2 2.2 3.6 3.6 205.3 4.6 5.1 13.4 9.9 8.4 (17.7) (19.3) (20.7) (19.3) (20.9) (28.8) (27.7) (26.5) (32.2) (35.5) (32.6) (33.5) (28.2) 3.2 (4.0) 1,950.9 192.6 3.4 38.9 191.0 143.9 436.0 37.6 49.1 57.4 0 60.3
Total Non-Current Liabilities 2,614.3 2,491.9 2,195.2 2,281.6 2,371.7 2,519.9 2,600.2 2,533.8 2,514.8 2,744.9 2,874.7 2,885.4 3,100.2 3,195.9 4,200.7 4,227.5 4,134.6 3,976.3 3,658.5 3,510.8 4,101.8 4,134.2 4,351.8 4,703.4 5,052.3 5,021.2 5,015.3 6,192.2 5,693.8 5,633.1 5,388.4 4,844.0 4,773.7 427.3 535.5 603.5 0 562.7
Total Liabilities 2,741.7 2,636.4 2,336.4 2,421.2 2,519.8 2,677.7 2,751.9 2,678.7 2,756.6 2,919.8 3,037.4 3,032.2 3,249.4 3,361.4 4,377.3 4,386.7 4,304.7 4,147.1 3,799.3 3,654.1 4,345.7 4,253.3 4,494.8 4,849.4 5,220.1 5,213.0 5,234.8 6,377.4 5,887.9 5,815.5 5,595.9 4,991.8 4,918.7 431.8 543.8 612.0 0 566.6
Stockholders' Equity
Common Stock 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 1,566.0 1,604.0 0 1,225.9
Retained Earnings (1,944.9) (1,926.2) (1,891.3) (1,871.5) (1,827.5) (1,812.1) (1,771.6) (1,763.5) (1,669.4) (1,586.3) (1,544.0) (1,530.4) (1,496.9) (1,466.6) (1,445.0) (1,398.8) (1,407.5) (1,410.6) (1,468.2) (1,377.4) (1,339.5) (1,234.2) (1,181.7) (1,186.8) (959.7) (819.7) (809.3) (397.4) (234.1) (193.3) (10.6) 97.7 136.4 258.8 0 0 0 0
Accumulated Other Comprehensive Income 0 0 0 0 (4.5) (6.3) (4.7) (5.1) (6.2) (2.6) (5.2) (5.7) (4.1) (0.7) (6.6) (0.5) 9.4 8.8 44.9 48.8 46.8 54.6 41.0 25.2 (42.7) 28.3 28.9 25.5 13.1 (0.4) 2.5 (2.8) (1.8) 0 0 0 1,225.9 0
Total Stockholders' Equity 917.9 938.4 976.4 994.4 1,034.9 1,048.2 1,087.5 1,098.8 1,188.8 1,277.3 1,314.2 1,321.4 1,353.4 1,387.8 1,401.9 1,452.0 1,459.9 1,455.3 1,432.6 1,524.6 1,556.1 1,665.7 1,703.4 1,679.9 1,906.7 2,119.0 2,126.8 2,532.6 2,679.9 2,706.9 2,891.3 2,992.9 3,030.4 1,079.8 1,566.0 1,604.0 1,235.6 1,225.9
Total Liabilities & Equity 3,647.8 3,564.8 3,304.5 3,409.5 3,550.7 3,723.5 3,838.4 3,777.8 3,946.5 4,198.3 4,352.7 4,354.8 4,604.0 4,750.4 5,780.5 5,840.1 5,800.6 5,638.4 5,478.6 5,441.8 6,181.4 6,211.9 6,511.7 6,850.3 7,193.6 7,414.3 7,443.9 9,040.5 8,704.8 8,660.7 8,648.3 8,153.9 8,120.9 1,839.4 2,119.9 2,226.1 1,235.6 1,802.2
Debt Metrics
Total Debt 2,613.7 2,490.6 2,193.0 2,278.1 2,368.1 2,515.6 2,595.6 2,528.8 2,603.8 3,652.0 2,868.5 4,096.9 4,387.0 4,530.4 5,728.5 5,708.9 5,327.9 4,874.5 4,209.7 4,506.2 4,881.9 4,660.4 4,950.3 5,592.6 6,266.4 6,076.1 4,946.7 7,950.4 5,647.4 5,594.2 5,368.3 4,822.2 4,749.7 389.7 486.4 546.1 0 502.4
Net Debt 2,517.1 2,423.8 2,079.6 2,123.8 2,167.2 2,213.4 2,331.8 2,325.5 2,297.5 3,394.5 2,632.3 3,878.7 4,073.4 4,224.1 5,442.1 5,391.2 5,081.8 4,614.8 4,001.0 4,296.0 4,451.5 4,185.6 4,488.3 5,154.7 5,872.5 6,006.5 4,886.4 7,890.6 5,557.5 5,516.9 5,312.0 4,666.8 4,414.8 364.5 430.8 514.5 14.0 488.4
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
Operating Activities
Net Income 3.1 (16.0) (1.3) (1.7) 5.3 (21.1) 11.4 (68.7) (57.1) (16.3) 12.4 (7.5) (4.1) 4.2 (20.5) 34.3 28.4 85.3 (71.7) (23.6) (94.5) (61.3) 6.4 (240.6) (80.1) 35.2 (402.0) (110.8) 15.0 (132.2) (58.7) 15.6 (2.4) 32.1 31.5 32.3 32.0 26.3
Depreciation & Amortization 8.6 8.0 7.2 10.3 10.2 11.1 10.4 9.0 11.0 8.7 8.9 8.0 8.0 8.0 8.7 9.1 8.7 8.1 8.9 10.0 9.6 13.0 14.8 14.0 18 20.4 26.0 29.3 27.7 18.3 30.5 23.4 18.8 1.6 2.5 2.7 2.3 0.0
Stock-Based Compensation 2.9 2.9 2.8 1.7 4.2 2.9 3.4 3.2 2.2 2.8 5.9 3.1 2.3 1.5 2.2 2.3 1.9 1.6 2.7 5.4 4.3 1.1 1.4 1.5 0.3 3.3 2.9 2.7 1.8 3.2 1.8 1.8 0.3 0 0 0 0 0
Change in Working Capital (8.9) (4.5) 8.4 (5.1) (8.9) 2.5 7.0 (4.1) (4.6) 3.0 4.7 (7.3) (1.8) (1.6) 6.2 (10.8) 3.5 10.6 26.8 (154.9) 97.6 34.0 (36.2) (14.1) 19.3 (31.0) 7.0 (5.3) 5.8 19.8 3.4 (24.4) 6.6 0.2 (1.2) (11.0) 3.6 0.8
Other Non-Cash Items 5.0 25.3 12.8 32.9 (0.3) 29.4 (0.1) 83.7 73.3 38.6 7.3 26.9 35.1 24.4 38.9 (12.5) (9.6) (55.4) 88.7 33.9 (14.5) 64.4 30.0 209.9 100.5 (2.6) 415.9 110.4 (10.0) 99.3 61.0 (4.2) (5.1) (2.8) (5.8) (8.0) (6.7) (3.7)
Operating Cash Flow 10.9 15.2 29.9 17.4 10.5 24.7 31.3 22.9 24.6 36.4 38.5 23.1 39.7 36.3 34.4 22.3 32.4 49.7 57.6 (130.3) 1.7 51.5 15.3 (27.6) 57.2 24.0 50.1 25.5 37.7 40.9 35.5 10.8 18.2 32.8 27.0 16 31.2 23.4
Investing Activities
Capital Expenditure 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 (2.9) (2.7) 0.3 0 0 (6.7) 0
Acquisitions 0 (0.7) 0 1.7 0 0 0 0 0 0 0 0 0 0 0 38.1 0 193.9 0 (1.7) (1.8) 7.0 0 67.4 (15.0) (19.6) 17.9 39.8 29.3 (63.5) (67.4) (3.8) 223.4 4.9 (6.9) (10.4) 2.4 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 (0.0) 0 (33.0) (32.3) (37.2) 0 0 (49.5) (53.1) (53.0) 0
Sales/Maturities of Investments 0 0 0 (28.8) 0 0 0 0 0 0 0 0 0 36.2 0 0 0 11.5 0.1 28.8 5.2 31.6 29.8 91.8 19.6 72.6 26.1 0 1.6 (414.1) 0 0 0 0 142.4 96.6 74.4 0
Other Investing Activities (89.5) (331.1) (19.9) (54.7) 13.6 77.4 89.4 66.8 79.4 155.3 31.0 128.3 69.6 331.2 (43.1) (54.2) (218.8) (286.5) (197.6) (265.9) (41.7) 132.9 351.6 15.3 270.7 (9.8) (81.9) (479.9) (12.1) 391.5 (351.4) (192.2) 194.0 205.7 41.2 30.2 21.2 134.0
Investing Cash Flow (89.5) (331.9) (19.9) (81.8) 13.6 77.4 89.4 66.8 79.4 155.3 31.0 128.3 69.6 367.4 (43.1) (16.1) (218.8) (81.1) (197.5) (238.9) (38.3) 171.4 381.5 174.5 275.4 43.2 (37.9) (440.1) 18.8 (119.1) (451.0) (236.1) 414.7 210.6 127.2 63.2 38.3 134.0
Financing Activities
Net Debt Issuance 120.7 297.7 (18.1) 49.6 (158.3) (67.7) 70.2 (77.8) (129.4) (137.4) (12.8) (216.0) (85.4) (370.1) 17.2 148.7 197.3 336.7 167.4 203.9 (6.3) (210.7) (374.7) (357.1) 80.3 (11.4) 74.1 455.1 12.3 246.3 377.1 113.0 (23.0) (98.3) (60.6) (66.5) (46.0) (100.6)
Stock Repurchased (4.8) (6.0) (1.0) (4.0) (3.9) (0.0) (7.0) (0.2) (4.0) (0.0) 0 0 (2.9) (0.0) 0 (44.0) (1.0) (0.2) 0 (1.1) (1.3) 0.0 0.0 (0.1) (1.7) (0.0) (1.6) 0 0 (0.7) 0 0 0 0 0 (36.0) 0 0
Dividends Paid (21.9) (20.6) (20.9) (20.8) (20.7) (20.8) (26.2) (26.0) (26.0) (26) (26) (26.0) (26.0) (25.8) (25.6) (24.1) (23.9) (20.8) (18.3) (12.9) 0 (0.0) 0 (13.1) (38.6) (50.3) (55.9) (55.9) (55.6) (56.1) (55.6) (53.7) (19.9) (299.3) 0 0 (33.6) (139.0)
Other Financing Activities 0 (3.6) (0.2) 0 (0.5) (1.9) (7.7) (3.7) (0.1) 0.0 0 (0.0) (0.2) (0.6) (0.5) (6.7) (2.4) (215.0) (21.4) (15.4) (10.9) (7.7) (8.8) 191.6 (13.5) (9.9) (2.9) (7.9) (3.3) (21.9) (5.4) (7.9) (4.7) 107.2 (69.5) (20.9) 36.0 81.8
Financing Cash Flow 94.0 267.6 (40.1) 24.8 (183.4) (90.4) 29.7 (107.8) (159.4) (163.4) (38.8) (242.0) (114.4) (396.5) (8.9) 73.9 169.9 100.8 127.7 174.4 (18.5) (218.4) (383.5) (178.7) 26.5 (71.6) 13.7 391.3 (46.6) 167.6 316.0 51.4 (47.5) (290.4) (130.1) (87.5) (43.7) (157.7)
Cash Position
Net Change in Cash 15.4 (47.7) (30.1) (40.1) (158.9) 11.6 150.4 (17.5) (55.8) 28.5 30.9 (90.8) (5.3) 7.5 (18.1) 78.9 (16.0) 67.5 (13.0) (196.3) (51.7) 5.0 13.1 (31.4) 357.7 (4.2) 25.9 (23.4) 9.9 131.2 (99.6) (180.6) 385.3 11.5 24.0 (8.2) 25.8 (0.4)
Cash at Beginning 173.8 221.6 251.7 292.0 450.7 439.1 288.7 306.2 362.1 333.6 302.8 393.5 398.8 391.3 409.4 330.6 346.6 279.0 292.0 488.3 540.0 535.0 522.0 553.4 195.7 199.9 174.0 197.4 187.5 56.3 271.8 452.4 67.1 55.6 31.6 39.8 14.0 14.3
Cash at End 189.3 173.8 221.6 251.7 291.8 450.7 439.1 288.7 306.2 362.1 333.6 302.8 393.5 398.8 391.3 409.4 330.6 346.6 279.0 292.0 488.3 540.0 535.0 522.0 553.4 195.7 199.9 174.0 197.4 187.5 172.3 271.8 452.4 67.1 55.6 31.6 39.8 14.0
Free Cash Flow 10.9 15.2 29.9 17.4 10.5 24.7 31.3 22.9 24.6 36.4 38.5 23.1 39.7 36.3 34.4 22.1 32.4 49.7 57.6 (130.3) 1.7 51.5 15.3 (27.6) 57.2 24.0 50.1 25.5 37.7 40.9 35.5 10.8 14.5 33.1 27.0 16 31.2 23.4
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
Income Statement
Revenue 82.2 83.2 81.4 84.3 77.6 83.5 85.6 88.5 92.7 102.8 99.9 96.1 98.2 100.3 95.5 84.6 78.1 121.6 84.3 74.1 79.8 102.9 98.5 103.8 119.2 130.7 133.1 145.5 140.0 136.0 131.1 115.8 90.5 38.3 42.7 42.7 40.3 39.4
Gross Profit 28.7 41.7 30.4 35.7 45.4 54.1 38.3 42.5 43.9 62.9 48.8 46.5 49.7 49.2 47.8 49.3 46.8 120.0 52.5 44.2 41.8 50.6 51.6 52.3 57.8 61.5 59.8 60.6 56.9 20.6 60.4 53.4 47.1 31.5 35.8 35.2 32.6 37.6
Operating Income 6.2 22.9 4.0 13.4 4.2 43.3 16.1 (18.9) (52.9) 50.4 17.1 (3.0) (10.2) 15.6 (13.4) 18.1 26.5 108.5 31.1 16.7 9.2 26.6 13.6 24.4 (45.1) 24.2 (95.5) (98.3) 11.4 (57.7) (21.6) 12.2 17.6 26.5 30.4 29.1 27.4 33.0
Net Income 4.8 (14.4) 1.0 (23.1) 5.3 (19.7) 12.7 (67.9) (57.1) (16.3) 12.4 (7.5) (4.1) 4.2 (20.5) 34.3 27.7 81.0 (70.1) (19.7) (92.3) (52.5) 5.0 (227.1) (78.8) 34.0 (356.0) (107.3) 14.9 (127.1) (52.7) 16.0 (4.7) 21.4 21.3 21.5 20.8 26.3
EPS (Diluted) 0.03 -0.12 0.01 -0.19 0.04 -0.16 0.09 -0.53 -0.45 -0.13 0.09 -0.06 -0.03 0.03 -0.16 0.26 0.21 0.65 -0.54 -0.15 -0.71 -0.41 0.04 -1.77 -0.62 0.26 -2.77 -0.84 0.11 -1.00 -0.42 0.12 -0.05 0.19 0.16 0.17 0.16 0.21
Balance Sheet
Cash & Equivalents 96.6 66.8 113.4 154.3 200.9 302.2 263.8 203.3 306.2 257.5 236.2 218.2 313.5 306.3 286.5 317.7 246.1 259.7 208.7 210.2 430.3 474.8 462.0 438.0 393.8 69.6 60.3 59.8 89.9 77.3 56.3 155.4 335.0 25.2 55.6 31.6 (14.0) 14.0
Total Assets 3,647.8 3,564.8 3,304.5 3,409.5 3,550.7 3,723.5 3,838.4 3,777.8 3,946.5 4,198.3 4,352.7 4,354.8 4,604.0 4,750.4 5,780.5 5,840.1 5,800.6 5,638.4 5,478.6 5,441.8 6,181.4 6,211.9 6,511.7 6,850.3 7,193.6 7,414.3 7,443.9 9,040.5 8,704.8 8,660.7 8,648.3 8,153.9 8,120.9 1,839.4 2,119.9 2,226.1 0 1,802.2
Total Debt 2,613.7 2,490.6 2,193.0 2,278.1 2,368.1 2,515.6 2,595.6 2,528.8 2,603.8 3,652.0 2,868.5 4,096.9 4,387.0 4,530.4 5,728.5 5,708.9 5,327.9 4,874.5 4,209.7 4,506.2 4,881.9 4,660.4 4,950.3 5,592.6 6,266.4 6,076.1 4,946.7 7,950.4 5,647.4 5,594.2 5,368.3 4,822.2 4,749.7 389.7 486.4 546.1 0 502.4
Stockholders' Equity 917.9 938.4 976.4 994.4 1,034.9 1,048.2 1,087.5 1,098.8 1,188.8 1,277.3 1,314.2 1,321.4 1,353.4 1,387.8 1,401.9 1,452.0 1,459.9 1,455.3 1,432.6 1,524.6 1,556.1 1,665.7 1,703.4 1,679.9 1,906.7 2,119.0 2,126.8 2,532.6 2,679.9 2,706.9 2,891.3 2,992.9 3,030.4 1,079.8 1,566.0 1,604.0 1,235.6 1,225.9
Cash Flow
Operating Cash Flow 10.9 15.2 29.9 17.4 10.5 24.7 31.3 22.9 24.6 36.4 38.5 23.1 39.7 36.3 34.4 22.3 32.4 49.7 57.6 (130.3) 1.7 51.5 15.3 (27.6) 57.2 24.0 50.1 25.5 37.7 40.9 35.5 10.8 18.2 32.8 27.0 16 31.2 23.4
Capital Expenditure 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 (2.9) (2.7) 0.3 0 0 (6.7) 0
Free Cash Flow 10.9 15.2 29.9 17.4 10.5 24.7 31.3 22.9 24.6 36.4 38.5 23.1 39.7 36.3 34.4 22.1 32.4 49.7 57.6 (130.3) 1.7 51.5 15.3 (27.6) 57.2 24.0 50.1 25.5 37.7 40.9 35.5 10.8 14.5 33.1 27.0 16 31.2 23.4