BRZE - Braze, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$42.44
DETAILS
HIGH:
$50.00
LOW:
$30.00
MEDIAN:
$45.00
CONSENSUS:
$42.44
UPSIDE:
74.29%
| Metric | 2026 Q4 | 2026 Q3 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||
| Revenue | 205.2 | 190.8 | 180.1 | 162.1 | 160.4 | 152.1 | 145.5 | 135.5 | 131.0 | 124.0 | 115.1 | 101.8 | 98.7 | 93.1 | 86.1 | 77.5 | 70.4 | 64.0 | 55.8 | 47.9 | 42.9 | 39.3 | 34.0 | 34.0 |
| Cost of Revenue | 70.8 | 62.6 | 58.2 | 50.9 | 49.3 | 45.9 | 43.4 | 44.5 | 43.0 | 36.4 | 35.5 | 32.7 | 33.4 | 29.1 | 27.4 | 25.9 | 24.8 | 19.2 | 18.8 | 15.8 | 15.3 | 14.4 | 12.4 | 12.4 |
| Gross Profit | 134.4 | 128.2 | 121.9 | 111.2 | 111.1 | 106.1 | 102.1 | 90.9 | 88.0 | 87.6 | 79.6 | 69.1 | 65.2 | 64.0 | 58.8 | 51.6 | 45.7 | 44.8 | 37.0 | 32.1 | 27.7 | 24.9 | 21.6 | 21.6 |
| Operating Expenses | ||||||||||||||||||||||||
| R&D Expenses | 45.0 | 44.1 | 41.2 | 36.8 | 33.6 | 32.9 | 33.1 | 34.4 | 31.1 | 29.9 | 29.1 | 29.7 | 26.8 | 25.6 | 23.3 | 21.6 | 22.9 | 12.7 | 11.6 | 11.8 | 9.0 | 7.4 | 6.4 | 6.4 |
| SG&A Expenses | 117.6 | 121.7 | 119.4 | 114.6 | 99.0 | 105.9 | 96.9 | 96.6 | 89.1 | 92.8 | 83.1 | 81.2 | 75.0 | 75.3 | 70.5 | 69.6 | 65.3 | 42.5 | 37.6 | 33.3 | 29.1 | 26.3 | 21.6 | 21.6 |
| Other Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.4 | 0 | 0 | (1.3) | 0 | 0 | 0 | 0.0 | 0.3 | (0.2) | (0.3) | 0.0 | (0.1) | (0.1) | 0 | 0 |
| Operating Expenses | 162.6 | 165.8 | 160.6 | 151.4 | 132.6 | 138.7 | 130.0 | 131.0 | 118.9 | 122.7 | 112.7 | 109.7 | 101.8 | 100.9 | 93.9 | 91.2 | 88.2 | 55.2 | 49.2 | 45.1 | 38.2 | 33.7 | 27.9 | 27.9 |
| Operating Income | ||||||||||||||||||||||||
| Operating Income | (16.7) | (37.0) | (38.8) | (40.2) | (21.6) | (32.6) | (27.9) | (40.1) | (30.9) | (35.1) | (35.4) | (41.9) | (36.5) | (36.9) | (35.1) | (39.6) | (42.6) | (10.4) | (12.2) | (13.0) | (10.5) | (8.8) | (6.4) | (6.4) |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0.1 | 0 | 0 | 0.2 | 0.1 | 0 | 0 |
| Interest Income | 3.2 | 3.3 | 4.0 | 5.2 | 0 | 0 | 0 | 0 | 0 | 4.1 | 3.8 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0.1 | 0 | 0 | 0.3 | 0.3 | 0.3 | 0.3 |
| Profitability | ||||||||||||||||||||||||
| EBITDA | (21.4) | (31.1) | (30.2) | (37.6) | (18.8) | (29.9) | (25.3) | (37.9) | (28.5) | (32.9) | (34.0) | (40.4) | (34.8) | (35.9) | (34.2) | (38.7) | (41.5) | (9.7) | (11.4) | (12.4) | (9.8) | (8.1) | (6.2) | (6.2) |
| EBIT | (27.4) | (37.0) | (34.8) | (40.2) | (21.6) | (32.6) | (27.9) | (40.1) | (32.3) | (35.1) | (35.4) | (41.9) | (36.5) | (36.9) | (35.1) | (39.6) | (42.2) | (10.4) | (12.2) | (13.0) | (10.4) | (8.6) | (6.4) | (6.4) |
| Income Before Tax | (24.7) | (34.1) | (34.8) | (34.6) | (16.0) | (27.3) | (22.4) | (34.9) | (27.9) | (30.6) | (31.5) | (38.4) | (32.9) | (34.3) | (33.4) | (39.6) | (42.2) | (10.7) | (12.4) | (13.0) | (10.6) | (8.7) | (6.1) | (6.1) |
| Income Tax Expense | 6.9 | 1.7 | (7.0) | 1.1 | 1.1 | 0.9 | 0.7 | 0.8 | 0.6 | 0.4 | 0.5 | 0.4 | 0.9 | (0.4) | 0.0 | 0.0 | 1.1 | (1.6) | 0.2 | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 |
| Net Income | (31.6) | (36.0) | (27.9) | (35.8) | (17.2) | (27.9) | (23.0) | (35.6) | (28.3) | (30.7) | (31.7) | (38.8) | (33.8) | (33.9) | (33.4) | (39.6) | (43.3) | (8.7) | (12.2) | (12.8) | (10.5) | (8.8) | (6.2) | (6.2) |
| Per Share Data | ||||||||||||||||||||||||
| EPS (Basic) | -0.29 | -0.33 | -0.26 | -0.34 | -0.17 | -0.27 | -0.23 | -0.35 | -0.29 | -0.31 | -0.33 | -0.40 | -0.36 | -0.36 | -0.36 | -0.43 | -0.47 | -0.10 | -0.14 | -0.14 | -0.12 | -0.10 | -0.36 | -0.36 |
| EPS (Diluted) | -0.29 | -0.33 | -0.26 | -0.34 | -0.17 | -0.27 | -0.23 | -0.35 | -0.29 | -0.31 | -0.33 | -0.40 | -0.36 | -0.36 | -0.35 | -0.42 | -0.46 | -0.10 | -0.14 | -0.14 | -0.12 | -0.10 | -0.36 | -0.36 |
| Shares Outstanding | 108.5 | 107.0 | 106.8 | 104.6 | 102.9 | 102.1 | 101.4 | 100.8 | 98.6 | 97.9 | 97.2 | 96.4 | 95.0 | 94.5 | 94.1 | 93.2 | 93.0 | 90.3 | 90.3 | 90.3 | 90.3 | 90.3 | 17.0 | 17.0 |
| Metric | 2026 Q4 | 2026 Q3 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||||||||||
| Cash & Cash Equivalents | 124.3 | 97.8 | 81.0 | 231.5 | 83.1 | 61.3 | 79.1 | 78.2 | 71.6 | 60.5 | 77.3 | 116.9 | 68.6 | 45.4 | 80.9 | 90.6 | 478.9 | 42.0 | 41.8 |
| Short-Term Investments | 287.6 | 285.5 | 282.6 | 307.8 | 430.5 | 431.3 | 424.9 | 409.0 | 407.9 | 407.5 | 394.9 | 385.9 | 410.1 | 428.2 | 425.8 | 439.5 | 35.2 | 34.9 | 36.9 |
| Net Receivables | 122.3 | 95.9 | 93.5 | 91.0 | 102.0 | 90.3 | 78.3 | 86.8 | 97.3 | 71.3 | 70.1 | 66.6 | 78.3 | 58.3 | 48.0 | 42.7 | 64.5 | 36.0 | 35.1 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.4 | 3.4 | 3.4 | 0 | 19.5 | 23.3 | 18.4 | 24.9 | 11.0 | 0 |
| Other Current Assets | 33.7 | 22.8 | 27.4 | 7.0 | 6.2 | 30.5 | 5.9 | 5.2 | 8.0 | 7.0 | 8.2 | 6.3 | 26.2 | 4.7 | 3.0 | 7.6 | 4.7 | 6.7 | 0.0 |
| Total Current Assets | 567.9 | 502.0 | 484.5 | 659.1 | 644.0 | 613.3 | 606.4 | 598.9 | 601.1 | 566.8 | 574.0 | 598.1 | 583.2 | 556.2 | 580.9 | 598.8 | 608.2 | 130.6 | 128.2 |
| Non-Current Assets | |||||||||||||||||||
| Property, Plant & Equipment | 115.5 | 114.0 | 113.2 | 114.9 | 114.7 | 120.3 | 115.6 | 115.9 | 110.5 | 107.0 | 66.1 | 67.1 | 66.6 | 67.4 | 67.6 | 64.3 | 7.4 | 6.3 | 6.0 |
| Goodwill | 261.9 | 267.0 | 267.8 | 28.4 | 28.4 | 28.4 | 28.4 | 28.4 | 28.4 | 28.1 | 28.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 61.5 | 64.5 | 67.6 | 3.0 | 3.1 | 3.2 | 3.3 | 3.5 | 3.7 | 3.9 | 4.1 | 0 | 0.5 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 3.4 | 3.4 | 0.5 | 0 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 1.2 | 4.0 | 4.0 | 4.0 | 4.0 | 4.0 | 4.0 | 0 |
| Other Non-Current Assets | 107.0 | 90.3 | 86.0 | 83.1 | 80.7 | 76.2 | 71.2 | 68.8 | 66.6 | 63.1 | 59.9 | 54.9 | 51.6 | 49.8 | 49.6 | 49.2 | 36.2 | 43.2 | 39.9 |
| Total Non-Current Assets | 545.8 | 539.2 | 538.0 | 230.0 | 227.0 | 228.7 | 219.2 | 217.2 | 209.8 | 202.2 | 158.1 | 123.2 | 122.2 | 121.3 | 121.2 | 117.5 | 58.1 | 53.5 | 45.9 |
| Total Assets | 1,113.8 | 1,041.3 | 1,022.5 | 889.1 | 871.0 | 842.0 | 825.6 | 816.1 | 810.9 | 768.9 | 732.1 | 721.3 | 705.4 | 677.4 | 702.1 | 716.3 | 666.3 | 184.1 | 174.1 |
| Current Liabilities | |||||||||||||||||||
| Account Payables | 1.6 | 3.6 | 1.1 | 1.3 | 2.1 | 2.9 | 4.5 | 4.7 | 6.3 | 5.9 | 1.9 | 3.6 | 3.1 | 2.1 | 2.9 | 2.7 | 2.1 | 1.2 | 1.8 |
| Short-Term Debt | 19.3 | 20.0 | 0 | 0 | 0 | 0 | 0 | 0 | 15.6 | 14.1 | 13.5 | 13.2 | 0 | 10.8 | 10.6 | 10.0 | 0 | 0 | 0 |
| Deferred Revenue | 304.6 | 271.4 | 262.1 | 265.0 | 240.0 | 223.7 | 212.1 | 229.3 | 204.3 | 178.6 | 176.8 | 181.2 | 166.1 | 140.7 | 135.8 | 139.4 | 126.3 | 98.4 | 91.2 |
| Other Current Liabilities | 95.0 | 66.4 | 61.9 | 25.2 | 31.4 | 3.6 | 30.6 | 31.0 | 17.0 | 7.1 | 14.3 | 9.6 | 22.6 | 6.0 | 11.8 | 9.9 | 11.6 | 11.1 | 12.2 |
| Total Current Liabilities | 420.4 | 369.4 | 353.7 | 343.9 | 324.5 | 308.2 | 298.1 | 305.6 | 289.4 | 248.3 | 248.5 | 245.0 | 217.3 | 181.7 | 184.3 | 181.0 | 160.0 | 122.4 | 113.6 |
| Non-Current Liabilities | |||||||||||||||||||
| Long-Term Debt | 0 | 64.0 | 0 | 0 | 0 | 0 | 0 | 0 | 75.0 | 77.0 | 38.1 | 39.2 | 0 | 40.9 | 44.4 | 47.4 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10.4 | 0.1 | 0.1 |
| Other Non-Current Liabilities | 5.8 | (58.5) | 5.4 | 2.8 | 2.5 | 2.2 | 2.2 | 2.1 | (73.0) | (72.1) | (33.6) | (38.4) | 0.8 | (40.3) | (43.9) | (47.0) | 1.5 | 176.4 | 176.4 |
| Total Non-Current Liabilities | 69.2 | 69.5 | 69.8 | 70.8 | 71.8 | 76.0 | 73.8 | 74.2 | 77.1 | 81.8 | 42.6 | 40.0 | 41.3 | 41.5 | 44.9 | 47.8 | 1.5 | 176.5 | 176.5 |
| Total Liabilities | 489.6 | 438.9 | 423.5 | 414.7 | 396.2 | 384.2 | 371.9 | 379.9 | 366.5 | 330.2 | 291.0 | 285.1 | 258.6 | 223.2 | 229.2 | 228.8 | 161.4 | 298.9 | 290.1 |
| 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 |
| Retained Earnings | (718.1) | (686.5) | (650.5) | (622.6) | (586.8) | (569.6) | (541.7) | (518.7) | (483.1) | (454.8) | (424.1) | (392.4) | (353.9) | (320.5) | (287.1) | (254.2) | (215.0) | (172.0) | (163.3) |
| Accumulated Other Comprehensive Income | 1.8 | 0.3 | (0.1) | 2.0 | (0.9) | 0.3 | (0.3) | (3.4) | (1.2) | (5.2) | (5.9) | (5.3) | (6.8) | (9.9) | (3.8) | (2.4) | (0.6) | (0.3) | (0.1) |
| Total Stockholders' Equity | 623.8 | 602.0 | 598.9 | 474.4 | 474.9 | 458.1 | 453.7 | 436.1 | 444.2 | 438.2 | 440.4 | 435.1 | 445.3 | 452.4 | 470.6 | 484.7 | 501.6 | (118.5) | (117.5) |
| Total Liabilities & Equity | 1,113.8 | 1,041.3 | 1,022.5 | 889.1 | 871.0 | 842.0 | 825.6 | 816.1 | 810.9 | 768.9 | 732.1 | 721.3 | 705.4 | 677.4 | 702.1 | 716.3 | 666.3 | 184.1 | 174.1 |
| Debt Metrics | |||||||||||||||||||
| Total Debt | 82.7 | 147.9 | 84.4 | 87.3 | 87.4 | 92.1 | 87.9 | 87.5 | 90.6 | 91.0 | 51.6 | 52.4 | 51.3 | 51.7 | 55.0 | 57.4 | 0 | 0 | 0 |
| Net Debt | (41.7) | 50.1 | 3.4 | (144.2) | 4.4 | 30.8 | 8.8 | 9.4 | 19.0 | 30.6 | (25.7) | (64.5) | (17.3) | 6.3 | (25.8) | (33.2) | (478.9) | (42.0) | (41.8) |
| Metric | 2026 Q4 | 2026 Q3 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||
| Net Income | (31.6) | (35.8) | (27.8) | (35.6) | (17.2) | (27.9) | (23.0) | (35.6) | (28.3) | (31.0) | (32.0) | (38.8) | (33.8) | (33.9) | (33.4) | (39.6) | (43.3) | (9.1) | (12.6) | (13.2) | (10.8) | (8.8) | (6.2) | (6.2) |
| Depreciation & Amortization | 5.7 | 10.3 | 16.2 | 2.6 | 2.7 | 2.6 | 2.5 | 10.4 | 1.9 | 2.2 | 1.3 | 1.5 | 1.7 | 1.0 | 0.9 | 1.0 | 0.7 | 0.8 | 0.8 | 0.6 | 0.6 | 0.5 | 0.2 | 0.2 |
| Stock-Based Compensation | 37.7 | 37.8 | 37.6 | 30.6 | 28.0 | 28.7 | 30.1 | 28.6 | 24.3 | 24.0 | 25.4 | 24.2 | 18.8 | 19.3 | 17.3 | 17.0 | 29.1 | 5.4 | 5.7 | 7.0 | 2.5 | 2.3 | 1.4 | 1.4 |
| Change in Working Capital | (4.7) | 2.3 | (18.5) | 15.9 | (5.9) | (25.8) | (7.0) | 16.0 | 2.2 | (7.0) | (21.7) | 27.6 | 5.1 | (18.6) | (6.6) | 29.6 | (15.7) | (4.9) | (3.0) | (2.0) | 4.9 | (2.9) | 0.4 | 0.4 |
| Other Non-Cash Items | 12.2 | 6.3 | (0.5) | 10.6 | 9.5 | 10.9 | 8.9 | (0.0) | 3.9 | 8.8 | 8.7 | 8.1 | 8.2 | 8.7 | 5.6 | 10.0 | 4.8 | 5.2 | 4.2 | 3.8 | 2.7 | 2.7 | 4.1 | 4.1 |
| Operating Cash Flow | 19.4 | 21.0 | 7.0 | 24.1 | 17.1 | (11.4) | 11.6 | 19.4 | 3.8 | (2.0) | (17.5) | 22.5 | 0.0 | (23.9) | (16.3) | 17.9 | (24.5) | (2.5) | (4.6) | (3.8) | 0.0 | (5.9) | (0.1) | (0.1) |
| Investing Activities | ||||||||||||||||||||||||
| Capital Expenditure | (5.9) | (1.9) | (1.6) | (1.3) | (1.9) | (2.8) | (4.4) | (8.0) | (7.4) | (3.9) | (1.2) | (0.9) | (1.9) | (4.1) | (8.4) | (2.3) | (1.4) | (1.0) | (1.1) | (0.8) | (0.6) | (0.9) | (0.9) | (0.9) |
| Acquisitions | 0.0 | (0.7) | (181.2) | 0 | 0 | 0 | 0 | 0 | (5.8) | (0.0) | 0.8 | 0.9 | 1.3 | 8.5 | (11.9) | 0.3 | 0.2 | 0.7 | 0.7 | 0.5 | 0.2 | 0.7 | 0 | 0 |
| Purchases of Investments | (39.7) | (36.8) | (22.8) | (52.4) | (38.4) | (37.4) | (82.4) | (59.6) | (56.1) | (70.5) | (75.1) | (46.3) | (23.3) | (71.0) | (122.3) | (421.5) | (4.0) | (4.4) | (20.4) | (8.1) | (10.4) | (8.6) | 0 | 0 |
| Sales/Maturities of Investments | 151.0 | 35.0 | (73.9) | 176.5 | 36.3 | 32.1 | 70 | 57 | 63 | 58.4 | 64.8 | 71.5 | 43.3 | 62.4 | 134.7 | 16 | 3.7 | 6.3 | 23.3 | 26.0 | 13.9 | 10.9 | 0 | 0 |
| Other Investing Activities | (113.9) | (1.3) | 119.9 | (1.1) | 2.4 | (0.9) | (1.1) | 0 | 5.8 | (13.0) | (17.1) | (0.9) | (1.3) | (8.5) | 11.9 | (0.3) | (0.2) | (0.7) | (0.7) | (0.5) | (0.2) | (0.7) | 10.1 | 10.1 |
| Investing Cash Flow | (7.5) | (5.7) | (160.6) | 122.8 | (0.8) | (8.2) | (16.8) | (10.6) | (0.5) | (16.0) | (27.8) | 24.3 | 18.0 | (12.7) | 4.0 | (407.8) | (1.7) | 0.9 | 1.7 | 17.2 | 2.8 | 1.3 | 9.2 | 9.2 |
| Financing Activities | ||||||||||||||||||||||||
| Net Debt Issuance | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.0) | 0 | (0.0) | 0 | (0.2) | (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 |
| Other Financing Activities | 0 | 0 | 0 | 0 | 6.2 | 0 | 0 | 0 | 4.1 | 1.7 | 5.1 | 2.2 | 4.1 | 1.8 | 2.8 | 2.6 | 463.3 | 2.0 | 0.6 | 2.0 | (0.2) | 4.8 | 0.2 | 0.2 |
| Financing Cash Flow | 13.8 | 1.1 | 7.5 | 0.6 | 6.2 | 1.5 | 5.9 | (1.9) | 4.1 | 1.7 | 5.1 | 2.2 | 4.1 | 1.8 | 2.8 | 2.6 | 463.3 | 2.0 | 0.6 | 2.0 | (0.2) | 4.8 | 0.2 | 0.2 |
| Cash Position | ||||||||||||||||||||||||
| Net Change in Cash | 26.5 | 16.1 | (146.3) | 148.4 | 21.8 | (17.8) | 0.9 | 6.6 | 7.8 | (16.8) | (40.3) | 48.9 | 23.2 | (35.5) | (9.7) | (388.3) | 437.0 | 0.1 | (2.3) | 15.2 | 2.7 | 0.3 | 9.3 | 9.3 |
| Cash at Beginning | 101.8 | 85.7 | 232.0 | 83.6 | 61.8 | 79.6 | 78.2 | 71.6 | 63.8 | 81.2 | 121.5 | 72.6 | 49.4 | 84.9 | 94.6 | 483.0 | 46.0 | 45.9 | 48.2 | 33.0 | 30.4 | 30.1 | 20.9 | 0 |
| Cash at End | 128.3 | 101.8 | 85.7 | 232.0 | 83.6 | 61.8 | 79.1 | 78.2 | 71.6 | 64.4 | 81.2 | 121.5 | 72.6 | 49.4 | 84.9 | 94.6 | 483.0 | 46.0 | 45.9 | 48.2 | 33.0 | 30.4 | 30.1 | 9.3 |
| Free Cash Flow | 13.5 | 19.0 | 5.4 | 22.9 | 15.2 | (14.2) | 7.2 | 11.4 | (3.5) | (5.9) | (18.7) | 21.7 | (1.9) | (28.1) | (24.7) | 15.7 | (26.0) | (3.5) | (5.7) | (4.6) | (0.6) | (6.8) | (1.0) | (1.0) |
| Key Metrics | 2026 Q4 | 2026 Q3 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||||||||||
| Revenue | 205.2 | 190.8 | 180.1 | 162.1 | 160.4 | 152.1 | 145.5 | 135.5 | 131.0 | 124.0 | 115.1 | 101.8 | 98.7 | 93.1 | 86.1 | 77.5 | 70.4 | 64.0 | 55.8 | 47.9 | 42.9 | 39.3 | 34.0 | 34.0 |
| Gross Profit | 134.4 | 128.2 | 121.9 | 111.2 | 111.1 | 106.1 | 102.1 | 90.9 | 88.0 | 87.6 | 79.6 | 69.1 | 65.2 | 64.0 | 58.8 | 51.6 | 45.7 | 44.8 | 37.0 | 32.1 | 27.7 | 24.9 | 21.6 | 21.6 |
| Operating Income | (16.7) | (37.0) | (38.8) | (40.2) | (21.6) | (32.6) | (27.9) | (40.1) | (30.9) | (35.1) | (35.4) | (41.9) | (36.5) | (36.9) | (35.1) | (39.6) | (42.6) | (10.4) | (12.2) | (13.0) | (10.5) | (8.8) | (6.4) | (6.4) |
| Net Income | (31.6) | (36.0) | (27.9) | (35.8) | (17.2) | (27.9) | (23.0) | (35.6) | (28.3) | (30.7) | (31.7) | (38.8) | (33.8) | (33.9) | (33.4) | (39.6) | (43.3) | (8.7) | (12.2) | (12.8) | (10.5) | (8.8) | (6.2) | (6.2) |
| EPS (Diluted) | -0.29 | -0.33 | -0.26 | -0.34 | -0.17 | -0.27 | -0.23 | -0.35 | -0.29 | -0.31 | -0.33 | -0.40 | -0.36 | -0.36 | -0.35 | -0.42 | -0.46 | -0.10 | -0.14 | -0.14 | -0.12 | -0.10 | -0.36 | -0.36 |
| Balance Sheet | ||||||||||||||||||||||||
| Cash & Equivalents | 124.3 | 97.8 | 81.0 | 231.5 | 83.1 | 61.3 | 79.1 | 78.2 | 71.6 | 60.5 | 77.3 | 116.9 | 68.6 | 45.4 | 80.9 | 90.6 | 478.9 | 42.0 | 41.8 | |||||
| Total Assets | 1,113.8 | 1,041.3 | 1,022.5 | 889.1 | 871.0 | 842.0 | 825.6 | 816.1 | 810.9 | 768.9 | 732.1 | 721.3 | 705.4 | 677.4 | 702.1 | 716.3 | 666.3 | 184.1 | 174.1 | |||||
| Total Debt | 82.7 | 147.9 | 84.4 | 87.3 | 87.4 | 92.1 | 87.9 | 87.5 | 90.6 | 91.0 | 51.6 | 52.4 | 51.3 | 51.7 | 55.0 | 57.4 | 0 | 0 | 0 | |||||
| Stockholders' Equity | 623.8 | 602.0 | 598.9 | 474.4 | 474.9 | 458.1 | 453.7 | 436.1 | 444.2 | 438.2 | 440.4 | 435.1 | 445.3 | 452.4 | 470.6 | 484.7 | 501.6 | (118.5) | (117.5) | |||||
| Cash Flow | ||||||||||||||||||||||||
| Operating Cash Flow | 19.4 | 21.0 | 7.0 | 24.1 | 17.1 | (11.4) | 11.6 | 19.4 | 3.8 | (2.0) | (17.5) | 22.5 | 0.0 | (23.9) | (16.3) | 17.9 | (24.5) | (2.5) | (4.6) | (3.8) | 0.0 | (5.9) | (0.1) | (0.1) |
| Capital Expenditure | (5.9) | (1.9) | (1.6) | (1.3) | (1.9) | (2.8) | (4.4) | (8.0) | (7.4) | (3.9) | (1.2) | (0.9) | (1.9) | (4.1) | (8.4) | (2.3) | (1.4) | (1.0) | (1.1) | (0.8) | (0.6) | (0.9) | (0.9) | (0.9) |
| Free Cash Flow | 13.5 | 19.0 | 5.4 | 22.9 | 15.2 | (14.2) | 7.2 | 11.4 | (3.5) | (5.9) | (18.7) | 21.7 | (1.9) | (28.1) | (24.7) | 15.7 | (26.0) | (3.5) | (5.7) | (4.6) | (0.6) | (6.8) | (1.0) | (1.0) |