Bridgewater Bancshares, Inc. logo BWB - Bridgewater Bancshares, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 3
HOLD 1
SELL 0
STRONG
SELL
0
| PRICE TARGET: $23.50 DETAILS
HIGH: $24.00
LOW: $23.00
MEDIAN: $23.50
CONSENSUS: $23.50
UPSIDE: 25.53%
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 79.4 76.5 75.4 72.5 67.3 65.4 64.2 62.1 59.7 58.1 58.0 56.0 53.6 50.6 43.7 39.4 36.3 35.1 34.9 32.8 31.4 31.7 29.6 30.1 29.2 28.5 27.5 26.7 24.9 24.8 22.9 20.9 19.1 19.2 18.4 16.3 15.1 10.8
Cost of Revenue 34.5 37.6 40.6 38.7 37 38.5 37.4 36.5 34.8 33.0 30.8 29.2 24.1 17.5 9.8 8.3 6.2 5.8 6.1 6.5 6.1 9.8 10.6 9.8 9.5 8.1 8.5 8.0 7.7 7.3 6.8 5.4 4.5 4.9 4.5 3.5 3.4 0
Gross Profit 44.8 38.8 34.7 33.7 30.3 26.9 26.7 25.6 24.9 25.1 27.2 26.8 29.5 33.1 34.0 31.2 30.1 29.3 28.8 26.3 25.3 21.9 19.1 20.3 19.7 20.4 19.0 18.7 17.2 17.5 16.2 15.5 14.6 14.2 13.8 12.7 11.7 10.8
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 14.9 13.2 13.7 12.5 12.1 11.7 11.0 10.7 10.6 14.4 10.8 9.8 9.7 13.2 9.4 9.8 9.7 14.1 8.3 7.5 8.5 7.3 6.5 7.2 7.6 6.2 6.7 5.1 5.9 2.5 4.9 4.3 5.1 3.3 4.2 3.9 4.0 3.6
Other Expenses 7.1 7.1 6.0 6.0 5.5 4.7 4.4 4.3 4.1 (0.9) 3.9 4.1 3.9 2.0 4.7 3.9 3.8 (1.7) 4.9 4.0 2.5 7.9 3.1 3.5 2.1 4.3 2.4 4.3 1.9 8.5 2.6 2.2 1.4 5.5 1.9 1.4 1.2 0
Operating Expenses 22.0 20.2 19.6 18.6 17.7 16.4 15.4 15.0 14.7 13.5 14.7 13.9 13.7 15.2 14.2 13.8 13.5 12.5 13.2 11.5 10.9 15.3 9.7 10.7 9.7 10.5 9.1 9.5 7.9 11.0 7.5 6.5 6.5 8.9 6.1 5.3 5.3 3.6
Operating Income
Operating Income 22.8 18.6 15.1 15.1 12.7 10.5 11.4 10.6 10.2 11.6 12.5 13.0 15.8 17.9 19.8 17.4 16.6 16.8 15.5 14.8 14.4 6.7 9.4 9.6 10.0 10.0 9.9 9.2 9.3 6.5 8.6 9.0 8.0 5.4 7.7 7.5 6.5 7.1
Interest Expense 33.3 37.6 39.5 36.7 35.5 36.4 37.4 35.9 34.0 33.2 31.4 29.1 23.4 16.0 8.3 5.3 4.5 4.6 4.8 4.9 5.0 5.9 6.8 6.8 7.4 7.5 7.6 7.4 7.1 6.5 5.5 4.5 3.9 3.7 3.3 2.7 2.4 0
Interest Income 70.0 73.3 73.6 69.2 65.7 63.3 63.0 60.9 58.7 58.6 56.8 55.0 52.0 48.9 42.4 37.8 34.7 33.8 33.5 31.1 30.4 30.7 28.5 28.2 27.5 27.4 26.6 25.5 24.3 24.0 22.1 20.4 18.7 18.6 17.4 15.8 14.6 0
Profitability
EBITDA 22.8 18.8 16.1 15.7 14.1 11.6 12.0 11.2 11.0 12.3 13.3 13.8 16.6 19.1 20.5 18.1 17.2 17.5 16.2 15.5 15.0 7.3 9.7 9.8 10.2 10.3 10.2 9.5 9.5 6.7 8.9 9.3 8.2 5.6 8.0 7.7 6.7 (0.3)
EBIT 22.8 18.6 15.1 15.1 12.7 10.5 11.4 10.6 10.2 11.6 12.5 13.0 15.8 17.9 19.8 17.4 16.6 16.8 15.5 14.8 14.4 6.7 9.4 9.6 10.0 10.0 9.9 9.2 9.3 6.5 8.6 9.0 8.0 5.4 7.7 7.5 6.5 5.4
Income Before Tax 22.8 17.1 15.1 15.1 12.7 10.5 11.4 10.6 10.2 11.6 12.5 13.0 15.8 17.9 19.8 17.4 16.6 16.8 15.5 14.8 14.4 6.7 9.4 9.6 10.0 10.0 9.9 9.2 9.3 6.5 8.6 9.0 8.0 5.4 7.7 7.5 6.5 5.4
Income Tax Expense 5.4 3.8 3.5 3.6 3.0 2.3 2.7 2.5 2.4 2.7 2.9 3.1 4.2 4.2 5.3 4.5 4.3 4.3 4.0 3.8 3.7 1.7 2.2 2.0 2.5 1.4 2.1 1.2 2.3 (1.3) 2.2 2.3 2.1 2.0 3.1 2.7 2.4 2.0
Net Income 17.4 13.3 11.6 11.5 9.6 8.2 8.7 8.1 7.8 8.9 9.6 9.8 11.6 13.7 14.5 12.9 12.3 12.5 11.5 11.0 10.7 5.0 7.2 7.6 7.4 8.6 7.8 8.0 7.0 7.8 6.5 6.7 6.0 3.3 4.7 4.8 4.1 3.4
Per Share Data
EPS (Basic) 0.59 0.45 0.39 0.38 0.31 0.26 0.28 0.26 0.25 0.28 0.31 0.32 0.38 0.46 0.49 0.43 0.40 0.41 0.41 0.39 0.38 0.18 0.25 0.26 0.26 0.30 0.27 0.27 0.23 0.26 0.22 0.22 0.23 0.11 0.16 0.16 0.14 0.13
EPS (Diluted) 0.58 0.43 0.38 0.38 0.31 0.26 0.27 0.26 0.24 0.28 0.30 0.31 0.37 0.45 0.47 0.41 0.39 0.39 0.40 0.38 0.37 0.17 0.25 0.26 0.25 0.29 0.27 0.26 0.23 0.25 0.21 0.22 0.23 0.11 0.16 0.16 0.14 0.14
Shares Outstanding 27.8 27.4 27.6 27.6 27.6 27.5 27.4 27.4 27.7 27.9 27.9 27.9 27.7 27.6 27.5 27.8 28.1 28.0 28.0 28.0 28.0 28.2 28.7 28.7 28.8 28.8 28.8 29.7 30.1 30.1 30.1 30.1 25.8 29.1 30.1 30.1 30.1 25.3
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 2016 Q4
Current Assets
Cash & Cash Equivalents 222.2 123.5 135.5 221.4 170.3 234.1 191.9 134.1 143.4 128.6 125.6 178.3 210.4 88.2 76.7 74.7 73.0 145.3 191.4 94.6 203.3 163.5 94.4 181.3 64.4 34.6 92.3 69.1 51.7 31.7 24.8 25.7 23.9 26.8 24.4 21.2
Short-Term Investments 310.1 326.2 373.6 391.0 43.7 385.7 664.7 601.1 633.3 604.1 553.1 538.2 559.4 548.6 542.0 482.6 459.1 439.4 413.1 402.8 397.3 390.6 374.0 326.3 307.3 289.9 263.8 241.9 250.3 253.4 240.8 246.1 236.8 229.5 0 217.1
Net Receivables 15.8 18.9 62.4 62.5 61.7 62.0 16.8 16.9 16.7 16.7 15.2 13.8 13.4 13.5 11.2 10.0 9.6 9.2 8.6 8.7 8.7 9.2 9.6 8.3 7.1 6.8 6.5 7.6 7.1 6.6 6.4 6.0 5.8 5.3 0 4.0
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 0 0 0 0
Other Current 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
Total Current Assets 548.1 468.6 571.5 674.9 275.7 681.8 873.3 752.1 793.3 749.4 693.8 730.4 783.2 650.3 629.9 567.2 541.7 593.9 613.1 506.1 609.3 563.3 478.0 515.9 378.8 331.2 362.6 318.6 309.0 291.7 272.0 277.8 266.5 261.6 24.4 242.2
Non-Current Assets
Property, Plant & Equipment 52.8 51.6 51.0 50.0 49.4 49.5 47.8 47.9 48.3 48.9 49.3 49.7 47.8 48.4 48.9 49.3 49.0 49.4 49.8 50.2 51.3 51.0 48.9 43.1 35.3 27.6 25.8 18.6 15.7 13.1 11.4 10.5 10.2 10.1 10.2 9.6
Goodwill 12.0 12.0 12.0 12.0 12.0 12.0 2.6 2.6 2.6 2.6 2.6 2.6 2.6 2.6 2.6 2.6 2.6 2.6 2.6 2.6 2.6 2.6 2.6 2.6 2.6 2.6 2.6 2.6 2.6 2.6 2.6 2.6 2.6 2.6 2.6 2.6
Intangible Assets 6.7 6.9 7.2 7.4 7.6 7.8 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.3 0.3 0.4 0.4 0.5 0.5 0.6 0.6 0.7 0.7 0.8 0.8 0.9 0.9 1.0 1.0 1.1 1.1 1.1 1.2 1.2 1.3 1.4
Long-Term Investments 4,516.8 4,650.9 4,559.6 4,390.5 4,636.0 4,147.7 3,628.9 3,742.2 3,726.5 3,667.2 3,664.5 3,677.8 3,625.5 3,512.2 3,324.5 3,171.6 2,937.2 2,769.9 2,662.9 2,545.1 2,378.9 2,282.4 2,217.5 2,155.9 1,972.9 1,884 1,818.3 1,758.4 1,698.2 1,640.4 1,576.7 1,441.6 1,384.2 1,326.5 0 985.1
Other Non-Current Assets 199.0 216.9 158.8 161.9 156.0 167.3 138.8 142.0 152.2 143.7 146.6 142.5 143.5 131.8 122.7 92.1 76.9 61.3 60.2 58.0 29.6 27.3 26.9 36.3 28.3 22.5 22.1 24.4 21.5 24.9 21.9 19.3 17.0 14.5 1,518.2 19.4
Total Non-Current Assets 4,787.3 4,938.4 4,788.5 4,621.8 4,861.1 4,384.4 3,818.2 3,934.9 3,929.8 3,862.6 3,863.2 3,872.8 3,819.7 3,695.3 3,499.1 3,316.0 3,066.2 2,883.8 2,776.0 2,656.5 2,463.1 2,364.0 2,296.6 2,238.6 2,039.9 1,937.6 1,869.7 1,805.0 1,739.1 1,682.0 1,613.8 1,475.2 1,415.1 1,355.0 1,532.2 1,018.2
Total Assets 5,335.4 5,407.0 5,360.0 5,296.7 5,136.8 5,066.2 4,691.5 4,687.0 4,723.1 4,612.0 4,557.1 4,603.2 4,602.9 4,345.7 4,129.0 3,883.3 3,607.9 3,477.7 3,389.1 3,162.6 3,072.4 2,927.3 2,774.6 2,754.5 2,418.7 2,268.8 2,232.3 2,123.6 2,048.1 1,973.7 1,885.8 1,752.9 1,681.6 1,616.6 1,556.7 1,260.4
Current Liabilities
Account Payables 4.3 3.2 5.2 4.1 4.5 4.0 3.5 4.0 4.4 5.3 3.8 3.0 3.3 2.8 2.2 1.4 1.6 1.4 1.7 2.7 1.7 1.6 2.1 2.0 1.7 2.0 1.8 2.1 1.7 1.8 1.2 1.5 1.1 1.4 0 0.6
Short-Term Debt 0 0 320.5 334.2 263 0 0 0 0 0 0 195 437 287 212 86 23 0 0 0 0 0 0 0 0 0 0 0 0 18 53 0 9 23 0 44
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 0 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 Liabilities 4,305.5 4,320.4 4,292.8 4,236.7 4,162.5 4,086.8 3,747.4 3,807.7 3,807.2 3,709.9 3,675.5 3,577.9 3,411.1 3,416.5 3,305.1 3,202.0 3,035.6 2,946.2 2,854.2 2,720.9 2,638.7 2,501.6 2,273.0 2,242.1 1,900.1 1,823.3 1,802.2 1,699.3 1,643.7 1,560.9 1,479.1 1,414.7 1,353.0 1,339.3 0 1,023.5
Total Current Liabilities 4,309.8 4,323.6 4,618.5 4,575.1 4,430.0 4,090.8 3,750.9 3,811.7 3,811.6 3,715.2 3,679.3 3,775.9 3,851.4 3,706.4 3,519.3 3,289.3 3,060.2 2,947.6 2,855.8 2,723.6 2,640.4 2,503.3 2,275.1 2,244.0 1,901.8 1,825.3 1,804.0 1,701.4 1,645.3 1,580.7 1,533.3 1,416.2 1,363.1 1,363.8 1.0 1,068.1
Non-Current Liabilities
Long-Term Debt 444.8 508.2 192.6 192.7 180.0 452.9 442.8 380.2 410.1 412.5 387.4 354.8 289.8 189.7 164.1 149.0 134.8 134.7 139.7 131.4 131.3 142.2 212.7 233.2 244.8 174.2 179.7 181.2 163.2 163.6 134.1 124.6 114.1 109.5 98.0 72
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
Other Non-Current Liabilities 52.4 58.1 51.5 52.6 57.8 64.6 45.6 55.9 67.7 58.7 74.3 63.3 59.8 55.6 63.6 70.1 33.4 16.0 25.9 16.8 21.5 16.4 21.3 20.1 24.0 24.5 12.6 11.9 7.8 8.4 7.5 6.2 5.4 6.2 1,325.0 4.9
Total Non-Current Liabilities 497.2 566.3 244.1 245.3 237.9 517.5 488.4 436.1 477.9 471.2 461.8 418.2 349.5 245.2 227.7 219.0 168.3 150.7 165.5 148.2 152.8 158.7 234.0 253.3 268.8 198.7 192.3 193.1 171.0 172.0 141.6 130.8 119.4 115.7 1,422.0 76.9
Total Liabilities 4,807.0 4,889.9 4,862.5 4,820.4 4,667.8 4,608.3 4,239.3 4,247.8 4,289.5 4,186.5 4,141.1 4,194.1 4,200.9 3,951.6 3,747.0 3,508.4 3,228.5 3,098.4 3,021.3 2,871.8 2,793.2 2,661.9 2,509.1 2,497.3 2,170.6 2,024.0 1,996.3 1,894.5 1,816.3 1,752.7 1,674.9 1,547.0 1,482.6 1,479.5 1,423.0 1,145.0
Stockholders' Equity
Common Stock 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.2 0.2 0.2
Retained Earnings 367.8 351.5 339.1 328.5 318.0 309.4 302.2 294.6 287.5 280.6 272.8 264.2 255.4 248.7 236.0 222.5 210.6 199.3 188.0 176.5 165.5 154.8 149.9 142.7 135.1 127.6 119.1 111.3 103.3 96.2 88.5 82.0 75.3 69.5 66.2 52.6
Accumulated Other Comprehensive Income (5.8) 0.6 (5.6) (14.2) (11.4) (13.4) (11.4) (15.3) (15.7) (18.2) (23.8) (20.9) (17.9) (17.9) (16.7) (11.1) (1.7) 9.0 9.5 9.2 9.3 6.6 5.3 3.3 2.3 4.8 5.0 3.7 2.0 (1.6) (3.6) (1.9) (1.9) 1.1 1.2 (3.3)
Total Stockholders' Equity 528.4 517.1 497.5 476.3 469.0 457.9 452.2 439.2 433.6 425.5 416.0 409.1 402.0 394.1 382.0 374.9 379.4 379.3 367.8 290.8 279.2 265.4 265.4 257.2 248.1 244.8 236.1 229.1 231.8 221.0 210.9 205.9 199.0 137.2 133.7 115.4
Total Liabilities & Equity 5,335.4 5,407.0 5,360.0 5,296.7 5,136.8 5,066.2 4,691.5 4,687.0 4,723.1 4,612.0 4,557.1 4,603.2 4,602.9 4,345.7 4,129.0 3,883.3 3,607.9 3,477.7 3,389.1 3,162.6 3,072.4 2,927.3 2,774.6 2,754.5 2,418.7 2,268.8 2,232.3 2,123.6 2,048.1 1,973.7 1,885.8 1,752.9 1,681.6 1,616.6 1,556.7 1,260.4
Debt Metrics
Total Debt 444.8 508.2 513.1 526.9 443.0 452.9 442.8 380.2 410.1 412.5 387.4 549.8 726.8 476.7 376.1 235.0 157.8 134.7 139.7 131.4 131.3 142.2 212.7 233.2 244.8 174.2 179.7 181.2 163.2 181.6 187.1 124.6 123.1 132.5 98.0 116
Net Debt 222.6 384.7 377.6 305.5 272.7 218.8 251.0 246.1 266.8 284.0 261.9 371.5 516.3 388.4 299.4 160.3 84.8 (10.6) (51.7) 36.8 (71.9) (21.3) 118.3 51.8 180.3 139.6 87.4 112.1 111.5 149.9 162.3 98.9 99.1 105.7 73.6 94.8
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 17.4 13.3 11.6 11.5 9.6 8.2 8.7 8.1 7.8 8.9 9.6 9.8 11.6 13.7 14.5 12.9 12.3 12.5 11.5 11.0 10.7 5.0 7.2 7.6 7.4 8.6 7.8 8.0 7.0 7.8 6.5 6.7 6.0 3.3 4.7 4.8 4.1 3.4
Depreciation & Amortization 1.0 1.0 1.0 0.6 1.4 1.1 0.6 0.6 0.7 0.8 0.8 0.8 0.8 1.2 0.7 0.7 0.7 0.7 0.7 0.6 0.6 0.6 0.3 0.2 0.2 0.4 0.3 0.3 0.3 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2
Stock-Based Compensation 1.3 1.1 1.1 1.1 1.0 0.9 0.9 1.0 1.0 1.0 1.0 1.0 0.9 0.8 0.9 0.8 0.8 0.7 0.6 0.6 0.6 0.5 0.4 0.4 0.4 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.1 0.1 0.1 0.1
Change in Working Capital 4.0 (7.5) (2.6) (8.6) (4.6) 23.8 (15.9) 0.9 (2.9) (19.5) 4.9 3.1 (6.5) (11.4) (8.9) 21.8 15.0 (1.0) 1.0 (7.5) 7.4 (3.1) 4.9 (7.6) (12.9) (2.1) 1.9 1.5 0.9 (1.3) 0.8 (1.4) (3.2) 0.1 (0.1) (2.5) 2.5 (3.2)
Other Non-Cash Items (7.5) (1.6) (0.6) 0.6 0.4 0.6 (0.3) 0.0 0.5 0.4 (0.5) 0.2 0.9 0.3 2.0 3.7 2.5 (2.4) 2.2 1.9 2.0 2.2 4.5 2.2 2.7 0.5 1.4 0.7 1.3 0.3 2.1 2.1 1.3 2.0 1.7 1.5 1.6 1.9
Operating Cash Flow 16.0 7.0 9.4 4.0 7.5 34.6 (6.0) 10.6 7.2 (8.5) 15.8 14.9 7.8 4.6 9.1 39.9 31.3 10.4 15.9 6.6 21.3 5.1 17.2 2.8 (2.2) 7.6 11.6 10.6 9.7 7.2 9.8 7.9 4.5 5.9 6.6 4.0 8.5 2.4
Investing Activities
Capital Expenditure (1.8) (2.5) (1.6) (1.2) (0.5) (3.4) (0.5) (0.2) (0.0) (0.2) (0.2) (2.5) (0.0) (0.2) (0.3) (0.9) (0.3) (0.2) (0.2) 0.5 (0.9) (2.6) (6.1) (8.1) (7.8) (2.2) (7.4) (3.1) (2.8) (1.9) (1.1) (0.5) (0.2) (0.1) (0.1) (0.3) (0.7) (1.0)
Acquisitions 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments (29.6) (2.0) (130.5) (62.0) (11.6) (55.8) (121.0) (22.8) (45.6) (49.9) (28.7) (2.4) (32.7) (57.8) (92.2) (66.8) (51.4) (45.2) (25.3) (20.7) (18.7) (29.5) (53.8) (63.3) (23.9) (25.2) (36.0) (31.8) (5.9) (19.3) (13.0) (28.5) (17.5) (13.7) (24.0) (11.8) (18.9) 0
Sales/Maturities of Investments 247.9 62.1 63.2 82.5 27.6 20.4 73.4 51.5 21.9 10.7 9.7 14.1 27.0 47.3 11.3 35.5 8.5 11.0 19.3 15.3 10.5 11.0 11.1 38.7 12.6 12.4 15.5 43.1 12.9 8.8 15.4 18.1 5.3 26.4 13.4 12.3 7.5 0
Other Investing Activities (54.5) (94.4) (68.1) (127.7) (150.6) (48.1) 110.1 (15.0) (60.2) (1.6) 16.6 (45.3) (123.8) (193.2) (167.5) (240.5) (169.8) (107.8) (118.4) (192.9) (97.8) (66.1) (64.5) (183.6) (94.4) (66.1) (59.6) (62.3) (57.8) (64.3) (138.3) (58.4) (58.8) (75.3) (96.1) (85.7) (83.1) (78.3)
Investing Cash Flow 162.0 (36.9) (137.0) (108.4) (135.1) (87) 62.1 13.6 (83.9) (40.9) (2.7) (36.2) (129.5) (203.8) (248.7) (272.7) (213.0) (142.2) (124.6) (197.7) (106.9) (87.2) (113.3) (216.3) (113.5) (81.1) (87.5) (54.0) (53.6) (76.7) (137.1) (69.2) (71.2) (62.8) (106.8) (85.4) (95.3) (79.3)
Financing Activities
Net Debt Issuance (63.5) (5.1) (13.9) 83.8 (10) 10 62.5 (30) (2.5) 25 32.5 65 100 25.5 15 14 0 (5.1) 8.1 0 (11) (70.5) (20.6) (11.6) 70.5 (5.5) (1.5) 18 (0.5) 29.5 9.5 10.5 4.5 4.5 39.0 (5.5) (0.5) (5.5)
Stock Repurchased (0.3) (0.6) (0.0) (1.6) (0.7) (0.6) (0.0) (2.9) (2.3) (5.1) (0.0) (0.0) (0.0) (0.7) (1.6) (8.0) (1.2) (0.5) (2.0) 0 (0.2) (7.0) (1.3) 0 (2.0) 0 (2.3) (12.6) 0 0 0 0 0 0 0 0 0 0
Dividends Paid (1.0) (1.0) (1.0) (1.0) (1.0) (1.0) (1.0) (1.0) (1.0) (1.0) (1.0) (1.0) (1.0) (1.0) (1.0) (1.0) (1.0) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (14.9) 27.6 56.9 74.5 75.9 81.9 (59.8) 0.5 97.3 34.7 (97.3) (74.8) 144.8 186.9 229.2 229.4 112.4 91.6 199.9 82.3 137.0 228.9 31.0 342.0 76.8 21.3 103.0 55.7 64.7 47.0 176.3 52.7 (0.3) 51.7 63.8 92.2 87.3 84.9
Financing Cash Flow (79.4) 21.6 42.0 155.7 64.1 90.3 1.7 (33.4) 91.5 53.6 (65.9) (10.8) 243.8 210.7 241.5 234.4 110.2 85.8 205.9 82.4 125.8 151.3 9.1 330.3 145.3 15.8 99.1 61.0 64.2 76.5 126.9 63.2 63.0 56.2 102.8 86.7 86.8 79.4
Cash Position
Net Change in Cash 98.6 (8.3) (85.7) 51.3 (63.6) 37.9 57.8 (9.3) 14.8 4.2 (52.7) (32.1) 122.1 11.5 2.0 1.6 (71.6) (46.0) 97.3 (108.7) 40.2 69.2 (86.9) 116.9 29.6 (57.7) 23.2 17.6 20.3 6.9 (0.4) 1.8 (3.6) (0.7) 2.6 5.3 0.0 16.5
Cash at Beginning 123.5 131.8 217.5 166.2 229.8 191.9 134.1 143.4 128.6 124.4 177.1 209.2 87.0 75.5 73.5 71.9 143.5 189.5 92.2 200.9 160.7 91.5 178.4 61.5 31.9 89.6 66.4 48.8 28.4 21.5 21.9 20.1 23.7 24.4 21.8 16.5 16.5 0
Cash at End 222.2 123.5 131.8 217.5 166.2 229.8 191.9 134.1 143.4 128.6 124.4 177.1 209.2 87.0 75.5 73.5 71.9 143.5 189.5 92.2 200.9 160.7 91.5 178.4 61.5 31.9 89.6 66.4 48.8 28.4 21.5 21.9 20.1 23.7 24.4 21.8 16.5 16.5
Free Cash Flow 14.2 4.4 7.8 2.8 6.9 31.2 (6.5) 10.4 7.2 (8.7) 15.5 12.4 7.8 4.5 8.8 39.1 31.0 10.2 15.7 7.2 20.4 2.4 11.1 (5.3) (10.0) 5.4 4.2 7.5 6.8 5.3 8.7 7.4 4.3 5.8 6.4 3.7 7.8 1.3
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 79.4 76.5 75.4 72.5 67.3 65.4 64.2 62.1 59.7 58.1 58.0 56.0 53.6 50.6 43.7 39.4 36.3 35.1 34.9 32.8 31.4 31.7 29.6 30.1 29.2 28.5 27.5 26.7 24.9 24.8 22.9 20.9 19.1 19.2 18.4 16.3 15.1 10.8
Gross Profit 44.8 38.8 34.7 33.7 30.3 26.9 26.7 25.6 24.9 25.1 27.2 26.8 29.5 33.1 34.0 31.2 30.1 29.3 28.8 26.3 25.3 21.9 19.1 20.3 19.7 20.4 19.0 18.7 17.2 17.5 16.2 15.5 14.6 14.2 13.8 12.7 11.7 10.8
Operating Income 22.8 18.6 15.1 15.1 12.7 10.5 11.4 10.6 10.2 11.6 12.5 13.0 15.8 17.9 19.8 17.4 16.6 16.8 15.5 14.8 14.4 6.7 9.4 9.6 10.0 10.0 9.9 9.2 9.3 6.5 8.6 9.0 8.0 5.4 7.7 7.5 6.5 7.1
Net Income 17.4 13.3 11.6 11.5 9.6 8.2 8.7 8.1 7.8 8.9 9.6 9.8 11.6 13.7 14.5 12.9 12.3 12.5 11.5 11.0 10.7 5.0 7.2 7.6 7.4 8.6 7.8 8.0 7.0 7.8 6.5 6.7 6.0 3.3 4.7 4.8 4.1 3.4
EPS (Diluted) 0.58 0.43 0.38 0.38 0.31 0.26 0.27 0.26 0.24 0.28 0.30 0.31 0.37 0.45 0.47 0.41 0.39 0.39 0.40 0.38 0.37 0.17 0.25 0.26 0.25 0.29 0.27 0.26 0.23 0.25 0.21 0.22 0.23 0.11 0.16 0.16 0.14 0.14
Balance Sheet
Cash & Equivalents 222.2 123.5 135.5 221.4 170.3 234.1 191.9 134.1 143.4 128.6 125.6 178.3 210.4 88.2 76.7 74.7 73.0 145.3 191.4 94.6 203.3 163.5 94.4 181.3 64.4 34.6 92.3 69.1 51.7 31.7 24.8 25.7 23.9 26.8 24.4 21.2
Total Assets 5,335.4 5,407.0 5,360.0 5,296.7 5,136.8 5,066.2 4,691.5 4,687.0 4,723.1 4,612.0 4,557.1 4,603.2 4,602.9 4,345.7 4,129.0 3,883.3 3,607.9 3,477.7 3,389.1 3,162.6 3,072.4 2,927.3 2,774.6 2,754.5 2,418.7 2,268.8 2,232.3 2,123.6 2,048.1 1,973.7 1,885.8 1,752.9 1,681.6 1,616.6 1,556.7 1,260.4
Total Debt 444.8 508.2 513.1 526.9 443.0 452.9 442.8 380.2 410.1 412.5 387.4 549.8 726.8 476.7 376.1 235.0 157.8 134.7 139.7 131.4 131.3 142.2 212.7 233.2 244.8 174.2 179.7 181.2 163.2 181.6 187.1 124.6 123.1 132.5 98.0 116
Stockholders' Equity 528.4 517.1 497.5 476.3 469.0 457.9 452.2 439.2 433.6 425.5 416.0 409.1 402.0 394.1 382.0 374.9 379.4 379.3 367.8 290.8 279.2 265.4 265.4 257.2 248.1 244.8 236.1 229.1 231.8 221.0 210.9 205.9 199.0 137.2 133.7 115.4
Cash Flow
Operating Cash Flow 16.0 7.0 9.4 4.0 7.5 34.6 (6.0) 10.6 7.2 (8.5) 15.8 14.9 7.8 4.6 9.1 39.9 31.3 10.4 15.9 6.6 21.3 5.1 17.2 2.8 (2.2) 7.6 11.6 10.6 9.7 7.2 9.8 7.9 4.5 5.9 6.6 4.0 8.5 2.4
Capital Expenditure (1.8) (2.5) (1.6) (1.2) (0.5) (3.4) (0.5) (0.2) (0.0) (0.2) (0.2) (2.5) (0.0) (0.2) (0.3) (0.9) (0.3) (0.2) (0.2) 0.5 (0.9) (2.6) (6.1) (8.1) (7.8) (2.2) (7.4) (3.1) (2.8) (1.9) (1.1) (0.5) (0.2) (0.1) (0.1) (0.3) (0.7) (1.0)
Free Cash Flow 14.2 4.4 7.8 2.8 6.9 31.2 (6.5) 10.4 7.2 (8.7) 15.5 12.4 7.8 4.5 8.8 39.1 31.0 10.2 15.7 7.2 20.4 2.4 11.1 (5.3) (10.0) 5.4 4.2 7.5 6.8 5.3 8.7 7.4 4.3 5.8 6.4 3.7 7.8 1.3