CareDx, Inc logo CDNA - CareDx, Inc

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 10
HOLD 3
SELL 0
STRONG
SELL
0
| PRICE TARGET: $24.00 DETAILS
HIGH: $28.00
LOW: $18.00
MEDIAN: $26.00
CONSENSUS: $24.00
UPSIDE: 10.96%
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 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1
Revenue
Revenue 117.7 108.4 100.1 86.7 84.7 86.6 82.9 92.3 72.0 65.6 67.2 70.3 77.3 82.4 79.4 80.6 79.4 79.2 75.6 74.2 67.4 58.6 53.4 41.8 38.4 35.8 33.8 31.5 26.0 23.5 21.2 17.8 14.1 12.5 12.2 12.0 11.6 10.9 12.5 10.7 6.6 6.6 7.2 7.1 7.2 8.0 6.7 6.8 5.9 5.9 5.8 5.5 5.0
Cost of Revenue 33.6 36.2 31.3 28.7 28.4 28.2 27.6 28.0 25.9 25.6 24.5 25.9 26.0 29.5 28.3 27.5 26.9 27.0 24.8 24.0 21.6 18.9 16.8 15.0 12.4 12.7 11.5 11.5 9.7 10.5 8.9 7.2 6.4 5.6 5.2 5.2 5.4 6.5 6.0 5.8 2.8 2.5 2.6 2.5 2.7 2.2 1.8 2.4 2.2 2.3 2.5 2.1 2.1
Gross Profit 84.1 72.2 68.7 58.0 56.3 58.4 55.3 64.3 46.1 40.0 42.7 44.4 51.3 52.9 51.1 53.1 52.5 52.2 50.8 50.2 45.8 39.8 36.6 26.8 26.0 23.1 22.3 19.9 16.2 13 12.3 10.6 7.7 6.9 7.0 6.9 6.2 4.4 6.5 4.9 3.8 4.2 4.6 4.6 4.5 5.7 4.9 4.4 3.8 3.5 3.3 3.3 2.9
Operating Expenses
R&D Expenses 21.4 19.3 16.8 16.8 18.5 16.5 17.5 19.7 18.7 18.3 19 20.2 24.4 23.6 22.3 22.6 21.9 22.0 19.4 19.0 16.0 13.3 12.5 13.1 10.0 8.9 8.5 7.6 5.6 3.8 3.9 3.5 3.4 3.0 3.0 3.1 3.3 3.2 2.9 3.1 3.2 2.7 2.7 2.5 1.4 1.3 1.0 0.8 0.7 0.7 0.7 0.8 1.0
SG&A Expenses 60.9 59.6 52.9 52.0 45.8 61.8 48.3 51.9 46.7 46.5 52.4 51.0 51.3 48.4 46.1 52.2 49.7 45.6 40.0 35.9 30.7 29.5 27.0 24.4 21.7 19.7 20.5 19.2 16.0 11.6 11.1 11.5 9.4 7.3 7.3 7.4 9.7 7.1 8.6 8.7 7.4 5.6 5.4 4.9 4.7 4.0 3.7 3.9 3.3 2.4 3.0 2.7 2.6
Other Expenses 0 (0.8) (2.9) 0.3 5.4 (94.6) 0 0 0 97.8 0 0.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.2) (0.1) (0.1) (0.0) (0.0) 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)
Operating Expenses 82.3 78.1 66.7 69.1 69.6 (16.3) 65.8 71.6 65.5 162.6 71.4 72.0 75.6 72.0 68.4 74.8 71.6 67.6 59.5 55.0 46.7 42.8 39.5 37.6 31.7 28.6 29.1 26.8 21.6 15.4 15.0 15.0 12.8 10.3 10.3 10.5 13.0 10.3 11.6 11.8 10.6 8.3 8.1 7.4 6.1 5.3 4.8 4.7 4.0 3.0 3.6 3.6 3.6
Operating Income
Operating Income 1.8 (5.9) 2.0 (11.1) (13.4) 74.7 (10.5) (7.3) (19.3) (122.6) (28.8) (27.6) (24.3) (19.1) (17.3) (21.7) (19.1) (15.4) (8.7) (4.7) (0.9) (3.1) (2.9) (10.8) (5.8) (5.5) (6.7) (6.8) (5.4) (2.4) (2.7) (5.2) (5.2) (4.3) (3.9) (3.6) (8.5) (18.9) (4.9) (6.8) (6.6) (4.5) (3.2) (2.9) (1.4) 0.4 1.4 (0.3) (0.2) 0.5 (0.3) (0.3) (0.8)
Interest Expense 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.2 0.4 0.4 2.7 1.7 1.7 1.7 0.8 0.5 0.6 0.5 0.3 0.3 0.3 0.3 0.8 0.4 0.5 0.6 0.5 0.5 0.5 0.5 0.6
Interest Income 1.9 2.0 2.0 2.4 2.8 3.1 3.0 2.8 2.9 3.2 3.2 2.9 2.7 1.9 1.2 0.5 0.2 0.0 0.0 0.0 0.1 0.1 0.0 0.0 0.1 0.3 0.0 0.3 0.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 7.1 1.5 7.2 (5.7) (3.1) (15.2) (5.6) (2.4) (14.1) (19.8) (23.8) (21.8) (19.6) (14.6) (13.0) (18.1) (15.5) (12.0) (5.7) (1.9) 1.8 (0.5) (0.5) (3.7) (3.5) (3.9) (5.3) (5.8) (4.2) (2.3) (1.7) (3.4) (4.1) (2.3) (11.9) (1.8) (4.2) (3.9) (2.6) (7.0) (9.2) (3.9) (3.0) (2.6) (1.3) 0.6 0.2 (0.2) (0.1) 0.6 (0.2) (0.1) (0.5)
EBIT 1.8 (3.8) 2.0 (10.8) (8.0) (19.9) (10.5) (7.3) (19.3) (24.9) (28.8) (26.8) (24.3) (19.1) (17.3) (21.7) (19.1) (15.4) (8.7) (4.7) (0.9) (3.1) (2.9) (6.0) (5.8) (5.5) (6.7) (6.8) (5.4) 26.0 (2.7) (4.3) (5.1) 3.4 (12.8) (2.7) (5.1) (1.2) (3.7) (10.4) (9.5) (4.1) (3.2) (2.9) (1.4) 0.5 0.1 (0.3) (0.2) 0.5 (0.3) (0.3) (0.8)
Income Before Tax 2.8 (3.8) 1.7 (8.7) (10.3) 78.2 (7.2) (4.6) (16.7) (117.9) (23.6) (25.0) (23.6) (18.2) (16.7) (21.7) (19.7) (17.1) (12.1) (2.0) (0.9) (3.7) (3.1) (6.9) (6.1) (5.0) (2.8) (8.1) (8.1) (4.1) (20.3) (14.4) (9.4) (32.5) (14.5) (4.4) (5.9) (16.4) (4.2) (10.7) (9.8) (4.8) 3.5 (3.2) (2.3) (0.0) 1.2 (0.6) (1.3) (0.6) (0.8) (0.8) (1.3)
Income Tax Expense (0.0) 0.3 (0.0) (0.1) 0.1 0.2 0.2 0.0 (0.1) 0.2 (0.1) (0.1) 0.1 0.2 0.3 (0.0) (0.0) (0.9) (0.2) (0.1) (0.3) (0.2) (0.2) (0.3) (0.3) (0.2) (0.9) (0.2) (0.6) (0.3) (0.3) (0.4) (0.4) (0.9) (0.2) (0.4) (0.3) (0.7) (0.4) (0.4) 0 0 7.0 0 0 0 0 (1.5) 0 0 0 0 0
Net Income 2.8 (4.1) 1.7 (8.6) (10.4) 78.0 (7.4) (4.6) (16.7) (118.1) (23.5) (25.0) (23.7) (18.3) (16.9) (21.7) (19.6) (16.2) (11.9) (1.9) (0.7) (3.5) (2.8) (6.6) (5.8) (4.8) (1.8) (7.8) (7.5) (3.8) (20.0) (14.1) (9.0) (31.7) (14.3) (4.0) (5.6) (15.5) (3.8) (10.3) (9.8) (4.8) (3.5) (3.2) (2.3) (0.0) 1.2 0.9 (1.3) (0.6) (0.8) (0.8) (1.3)
Per Share Data
EPS (Basic) 0.05 -0.08 0.03 -0.16 -0.19 1.62 -0.14 -0.09 -0.38 -2.24 -0.43 -0.46 -0.44 -0.34 -0.32 -0.41 -0.37 -0.31 -0.23 -0.04 -0.01 -0.07 -0.06 -0.15 -0.14 -0.11 -0.04 -0.19 -0.18 -0.09 -0.54 -0.40 -0.30 -1.14 -0.63 -0.19 -0.26 -0.73 -0.18 -0.76 -0.81 -0.40 -0.29 -0.27 -0.19 -0.00 0.13 0.08 -0.12 -0.08 -0.11 -0.11 -0.18
EPS (Diluted) 0.05 -0.08 0.03 -0.16 -0.19 1.51 -0.14 -0.09 -0.38 -2.24 -0.43 -0.46 -0.44 -0.34 -0.32 -0.41 -0.37 -0.31 -0.23 -0.04 -0.01 -0.07 -0.06 -0.15 -0.14 -0.11 -0.04 -0.19 -0.18 -0.09 -0.54 -0.40 -0.30 -1.13 -0.63 -0.19 -0.26 -0.73 -0.18 -0.76 -0.81 -0.40 -0.29 -0.27 -0.19 -0.00 0.12 0.08 -0.12 -0.08 -0.11 -0.11 -0.18
Shares Outstanding 51.2 51.1 52.5 54.3 55.3 54.3 52.9 52.2 51.7 52.7 54.2 53.8 53.6 53.5 53.5 53.2 53.0 52.9 51.7 52.2 51.2 49.3 49.0 44.7 42.8 42.5 42.4 41.3 41.6 40.1 37.0 35.2 29.6 27.9 22.5 20.9 21.3 21.3 21.2 13.6 12.0 11.9 11.9 11.8 11.8 11.8 9.3 10.5 10.5 7.4 7.4 7.4 7.4
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 2016 Q3 2016 Q2 2016 Q1
Current Assets
Cash & Cash Equivalents 77.9 65.4 91.4 68.2 88.7 114.7 95.4 95.8 93.3 82.2 76.0 87.8 74.7 89.9 83.0 166.8 171.9 348.5 353.1 335.6 309.3 134.7 213.8 211.4 32.2 38.2 40.9 43.5 57.4 64.6 26.2 16.2 18.7 16.9 6.0 9.1 12.2 17.3 22.3 17.1 23.8
Short-Term Investments 109.3 111.8 102.8 118.0 142.2 146.0 145.5 133.1 122.6 153.2 192.2 194.9 211.3 203.2 208.3 139.4 147.3 0 10.2 34.3 65.0 90.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 44.6 42.6 47.8 67.4 71.5 64.6 66.6 66.2 60.1 51.1 51.7 51.6 59.3 66.3 70.4 70.1 65.3 59.8 56.2 48.1 43.4 34.6 30.6 27.1 22.8 24.1 19.2 17.1 12.5 9.8 9.6 8.1 6.5 3.0 3.3 3.0 3.4 2.8 4.6 4.9 2.5
Inventory 26.4 26.7 28.3 27.9 22.9 19.5 19.3 19.2 20.1 19.5 18.0 18.8 18.0 19.2 18.1 18.9 18.2 17.2 18.8 15.1 13.7 10.0 9.9 8.7 6.9 6.0 5.9 5.3 5.2 4.9 4.6 4.7 5.0 5.5 6.2 6.3 6.0 5.5 7.4 8.9 0.6
Other Current Assets 11.2 10.6 0 25.8 24.9 7.1 7.3 6.3 6.9 7.8 7.3 7.7 8.2 9.2 0 0 0 0 0 0 0 0 0 0 0 0 2.1 2.5 2.4 1.8 1.5 1.6 2.5 1.4 1.5 1.5 1.5 1.2 0.8 0 0
Total Current Assets 269.4 257.1 300.3 307.3 350.2 351.8 334.1 320.6 303.1 313.7 345.2 360.8 371.4 387.8 388.2 403.9 411.5 433.4 444.7 441.0 438.7 273.1 258.7 251.5 66.1 71.9 68.1 68.3 77.6 81.1 41.9 30.6 32.7 26.8 16.9 19.9 23.1 26.7 35.1 32.7 27.7
Non-Current Assets
Property, Plant & Equipment 54.4 55.7 54.9 57.3 59.1 57.9 59.8 61.4 63.0 65.1 66.3 68.2 68.9 70.2 69.9 48.7 44.7 40.0 37.0 32.1 29.7 25.9 25.9 23.7 22.5 9.2 5.9 6.2 6.3 4.1 3.0 2.4 2.1 2.1 2.3 2.5 2.8 2.9 3.3 3.1 2.3
Goodwill 40.3 40.3 40.3 40.3 40.3 40.3 40.3 40.3 40.3 40.3 40.2 39.7 39.6 37.5 37.5 37.1 37.0 37.0 26.1 26.1 26.1 23.9 23.9 23.9 23.9 23.9 23.8 22.6 12.0 12.0 12.0 12.0 12.0 12.0 12.0 12.0 12.0 13.8 28.0 27.9 12.0
Intangible Assets 32.1 32.0 33.4 36.0 37.2 38.2 40.4 41.9 43.3 45.7 46.5 43.5 45.6 43.1 43.9 46.3 48.1 50.2 48.4 48.4 45.5 44.4 43.8 44.4 43.1 45.5 45.8 45.6 31.8 33.3 34.3 34.8 32.0 33.1 34.3 33.7 32.9 33.1 35.4 36.3 6.7
Long-Term Investments 0 0 0 0 0 0 0 0.6 0 0 0 0 0 0 0 0 0 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 Assets 14.9 28.1 3.4 3.3 2.7 2.8 2.4 2.0 2.6 1.9 3.0 2.6 2.6 4.3 5.1 5.3 5.4 6.0 7.0 9.9 1.3 1.3 1.3 1.3 1.2 1.3 1.3 0.3 0.2 0.2 0.2 0.2 0.2 9.6 9.6 9.6 9.6 0.2 0.2 0.2 0.2
Total Non-Current Assets 141.7 156.1 132.0 137.0 139.4 139.2 142.9 146.2 149.3 153.1 156.0 154.0 156.8 155.1 156.4 137.4 135.2 133.3 118.5 116.4 102.5 95.4 94.9 93.2 90.7 79.8 76.7 74.6 50.3 49.6 49.5 49.3 46.3 56.8 58.1 57.8 57.2 50.1 67.0 67.5 21.2
Total Assets 411.1 413.2 432.3 444.3 489.6 491.1 477.0 466.8 452.4 466.8 501.2 514.8 528.2 543.0 544.5 541.3 546.7 566.6 563.2 557.4 541.2 368.5 353.6 344.7 156.8 151.7 144.8 142.9 127.9 130.7 91.4 79.9 79.0 83.6 75.1 77.7 80.3 76.7 102.1 100.2 48.8
Current Liabilities
Account Payables 9.1 10.0 11.6 9.9 8.1 7.7 6.2 5.9 10.0 12.9 9.0 9.9 12.9 9.9 10.6 16.9 10.6 13.3 14.9 12.6 11.6 9.7 9.5 8.7 6.6 5.5 5.7 7.4 3.9 4.7 2.7 3.5 4.3 3.4 3.4 3.6 3.5 3.1 3.5 3.3 2.5
Short-Term Debt 0 0 0 0 0 0 0 0 0 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 15.7 15 33.9 32.4 22.8 17.9 18.1 4.4
Deferred Revenue 0 0 0 6.0 5.4 4.8 5.6 5.9 4.4 4.7 5.8 6.1 5.8 5.3 4.9 4.3 3.9 4.2 3.4 3.9 3.5 24.0 23.7 24.2 3.5 3.7 3.2 3.6 0.1 0.0 0.0 0.0 0.1 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1
Other Current Liabilities 70.1 79.9 26.0 19.1 15.3 41.1 34.8 35.5 21.5 26.2 19.7 18.4 15.5 21.3 20.4 22.9 17.2 32.8 28.5 19.3 13.2 21.2 17.6 13.1 9.1 15.4 13.1 9.5 5.5 9.2 0.8 4.9 4.9 18.8 7.8 12.0 8.4 5.8 6.2 6.2 0.3
Total Current Liabilities 79.2 89.8 99.0 93.2 85.3 89.4 81.4 78.3 70.2 78.1 72.7 74.5 71.8 76.0 70.3 78.5 66.9 77.3 69.7 56.3 45.7 69.2 62.4 56.9 28.3 34.8 31.0 28.6 16.4 19.5 15.8 14.2 13.4 42.9 31.0 54.2 53.0 40.8 39.6 38.0 14.2
Non-Current Liabilities
Long-Term Debt 17.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 13.4 13.3 9.7 18.3 21.2 0 0 1.1 8.5 10.1 11.4
Deferred Tax Liabilities 0.1 0.2 0 0.1 0.1 0.2 0.2 0.1 0.0 0.1 0.1 0.1 0 0 0.0 0.0 0.2 0.4 0.7 0.8 0.9 1.3 1.2 1.3 1.5 2.0 2.0 2.3 2.6 3.0 3.4 3.7 4.4 4.9 6.0 5.9 5.9 6.1 6.9 7.8 1.3
Other Non-Current Liabilities 0.4 0.4 0.9 0.8 0.8 0.8 98.3 98.3 99.0 99.0 5.0 4.5 4.4 2.7 2.8 3.2 5.3 5.6 2.7 2.7 4.5 4.2 4.8 8.7 8.1 13.6 14.3 18.8 13.3 11.6 13.7 19.0 17.2 22.6 16.4 4.9 5.7 8.2 9.6 10.9 2.1
Total Non-Current Liabilities 18.4 20.3 22.1 23.7 25.0 23.2 122.3 123.8 126.0 127.4 34.4 35.1 36.4 36.1 37.5 19.3 22.2 23.4 21.3 21.3 23.9 21.6 22.5 27.0 27.1 17.9 16.3 21.1 15.9 15.3 31.2 36.8 32.1 46.6 44.3 11.5 12.5 16.1 25.7 29.5 14.1
Total Liabilities 97.5 110.1 121.2 116.9 110.3 112.6 203.7 202.1 196.2 205.5 107.0 109.6 108.2 112.1 107.8 97.7 89.2 100.7 91.0 77.6 69.7 90.8 84.9 84.0 55.4 52.7 47.3 49.7 32.2 34.8 47.1 50.9 45.6 89.5 75.3 65.8 65.5 57.0 65.3 67.5 28.4
Stockholders' Equity
Common Stock 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.0 0.0 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 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Retained Earnings (732.5) (735.4) (719.0) (695.2) (636.6) (626.2) (704.3) (696.8) (695.5) (678.3) (534.2) (509.9) (484.9) (460.4) (441.5) (424.5) (402.8) (383.2) (367.0) (355.1) (353.2) (352.5) (349.0) (346.2) (339.6) (333.8) (329.0) (327.2) (319.4) (311.8) (308.1) (288.1) (274.1) (268.0) (236.4) (222.1) (218.1) (212.6) (197.1) (193.2) (182.8)
Accumulated Other Comprehensive Income (6.3) (5.5) (6.0) (6.1) (7.1) (8.6) (7.2) (8.0) (8.1) (7.0) (8.7) (8.4) (7.4) (7.5) (8.8) (7.2) (5.1) (4.7) (4.1) (3.2) (3.6) (2.1) (4.4) (5.3) (6.9) (5.2) (5.9) (5.1) (5.0) (4.3) (4.0) (4.1) (2.5) (2.3) (2.2) (2.7) (3.4) (3.7) (1.8) (1.4) 0
Total Stockholders' Equity 313.5 303.1 311.1 327.4 379.3 378.4 273.2 264.7 256.2 261.3 394.1 405.2 420.0 430.9 436.7 443.5 457.5 465.9 472.1 479.8 471.5 277.7 268.6 260.8 101.4 99 97.5 93.2 95.6 95.9 44.4 29.0 33.4 (6.1) (0.3) 11.8 14.6 19.5 36.2 32.0 20.5
Total Liabilities & Equity 411.1 413.2 432.3 444.3 489.6 491.1 477.0 466.8 452.4 466.8 501.2 514.8 528.2 543.0 544.5 541.3 546.7 566.6 563.2 557.4 541.2 368.5 353.6 344.7 156.8 151.7 144.8 142.9 127.9 130.7 91.4 79.9 79.0 83.6 75.1 77.7 80.3 76.7 102.1 100.2 48.8
Debt Metrics
Total Debt 17.8 19.7 27.6 29.1 30.3 28.4 30.0 31.4 32.9 34.2 35.2 36.4 37.7 39.0 39.9 19.1 20.4 21.4 21.7 21.1 21.6 18.1 18.4 18.8 19.1 5.4 2.0 2.0 2.0 0.2 13.6 13.5 10.3 34.1 36.2 33.9 32.4 23.9 26.4 28.9 15.8
Net Debt (60.1) (45.8) (63.8) (39.1) (58.5) (86.3) (65.4) (64.3) (60.4) (48.0) (40.8) (51.4) (36.9) (50.9) (43.0) (147.8) (151.5) (327.1) (331.4) (314.5) (287.7) (116.6) (195.4) (192.7) (13.1) (32.8) (38.9) (41.4) (55.4) (64.4) (12.6) (2.8) (8.4) 17.2 30.2 24.8 20.2 6.7 4.1 11.8 (7.9)
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 2016 Q3 2016 Q2 2016 Q1
Operating Activities
Net Income 2.8 (4.1) 1.7 (8.6) (10.4) 78.0 (0.9) (4.6) (16.7) (118.1) (23.5) (25.0) (23.7) (18.3) (16.9) (21.7) (19.6) (16.2) (11.9) (1.9) (0.7) (3.5) (2.8) (6.6) (5.8) (4.8) (1.8) (7.8) (7.5) (3.8) (20.0) (14.1) (9.0) (31.6) (14.3) (4.0) (5.6) (15.7) (3.8) (10.5) (9.8)
Depreciation & Amortization 5.3 5.3 5.2 5.1 4.9 4.7 4.9 5.0 5.2 5.0 5.0 5.0 4.8 4.5 4.3 3.7 3.5 3.4 3.0 2.8 2.6 2.6 2.4 2.3 2.2 1.7 1.5 1.2 1.2 1.2 1.0 1.0 1.0 1.0 0.9 0.9 0.9 0.7 1.1 0.8 0.3
Stock-Based Compensation 9.8 8.1 8.4 9.4 8.9 26.2 7.2 16.4 13.3 10.0 12.7 12.7 13.8 12.1 11.2 12.6 10.6 9.5 10.6 9.4 6.5 6.0 6.7 6.4 4.3 5.4 6.0 5.0 6.1 2.1 1.9 2.5 0.7 0.4 0.4 0.5 0.4 0.5 0.7 0.4 0.4
Change in Working Capital (14.6) 12.2 18.9 3.8 (31.0) (86.7) 0.8 2.6 (19.0) 96.7 (2.6) 8.0 4.4 8.6 (6.9) 0.7 (16.7) 4.1 (5.0) 2.0 (42.0) 1.6 (1.1) 21.2 (4.3) (3.8) (1.6) 3.9 (8.9) 1 0.3 (1.0) (1.1) (0.1) 0.4 (0.7) (0.7) (1.0) 0.5 (1.1) 3.0
Other Non-Cash Items 1.0 (0.1) 3.2 0.2 0.9 (0.3) 0.6 (0.4) 1.8 (2.0) (1.8) 0.1 1.5 0.3 1.3 0.8 0.7 3.4 3.6 0.5 0.2 0.5 (0.0) 0.7 0.6 0.4 0.9 (0.2) 3.6 3.1 0.1 0.9 4.2 30.2 1.7 1.2 (1.5) 13.8 1.7 1.1 (0.2)
Operating Cash Flow 4.3 21.4 37.4 9.9 (26.6) 21.9 12.5 18.9 (15.3) (8.4) (10.2) (0.5) 0.7 7.2 (7.1) (3.9) (21.5) 4.2 0.4 9.8 (33.6) 7.2 5.2 24.1 (3.1) (1.1) 0.6 3.6 (5.9) 2.0 0.4 (1.9) (4.5) (2.1) (2.2) (3.2) (6.7) (3.1) (1.2) (6.1) (6.2)
Investing Activities
Capital Expenditure (3.8) (1.6) (1.3) (1.0) (1.6) (1.5) (1.7) (1.8) (1.5) (1.6) (2.5) (2.4) (2.8) (3.3) (5.8) (6.6) (8.6) (5.8) (3.6) (8.3) (2.5) (0.4) (4.2) (4.0) (1.7) (1.2) (0.4) (1.1) (0.5) (1.0) (0.6) (5.6) (0.1) (0.1) (0.0) (0.0) (0.1) 0.1 (0.4) (0.2) (0.1)
Acquisitions 0 0 0 0 0 0 0 0 0 0 (2.1) 2.4 (4.6) 24.3 (0.5) (0.1) 0 (11.9) 0 0.0 (3.5) 0 0 0 0 (0.1) (2.1) (16.0) 0 0 0 0 (0.7) (5.0) (1.0) 0 0 (0.0) 0 (20.6) 0
Purchases of Investments (39.9) (61.6) (17.1) (14.8) (52.5) (17.7) (50.0) (35.5) (57.7) (9.0) (57.7) (49.0) (86.4) (31.7) (100.5) (34.4) (148.5) 0 0 8.3 2.5 (90.0) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 54.7 28.6 31.4 39.2 55.4 17.1 37.3 25.6 86.9 52.0 60.9 66.7 79.0 37.5 31.1 41.9 1.1 10 23.8 30.0 25.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities 0 0 0 0 0 0 0 0 0 0 0 (2.4) 0 (24.3) 0 0 0 0 0 (13.8) (2.5) 0 0 0 0 0 (1) (1.1) 0 0 0 (5.2) (0.7) (0.0) 0 0.0 (0.0) (0.0) 0 (20.6) 0
Investing Cash Flow 11.1 (34.9) 12.3 23.4 1.3 (2.1) (14.4) (11.6) 27.7 41.4 (1.5) 15.3 (14.8) 2.5 (75.7) 0.8 (156.0) (7.8) 20.2 16.2 19.1 (90.5) (4.2) (4.0) (1.7) (1.3) (3.5) (17.2) (0.5) (1.0) (0.6) (5.6) (0.8) (5.1) (1.0) (0.0) (0.1) 0.1 (0.4) (20.7) (0.1)
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) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (16.7) (0.0) 4.1 (1.9) (1.1) 0.0 0.2 11.1 (1.8) (1.9) (0.2) (0.0)
Stock Repurchased 0 (12.2) (25.6) (50) 0 0 0 0 (0.5) (26.0) (0.8) (0.1) (0.7) (0.6) 0 0 0 0 0 0 0 0 0 0 0 0 (0.0) (1.6) 0.3 0.3 (0.6) (0.1) 0 0 0 0 0 (0.4) 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 (1.6) 0 0 (0.1) 0 0 0 0 0 0 0 (0.2)
Other Financing Activities (4.0) (1.7) (1.1) (3.8) (0.6) (0.9) 1.4 (4.8) (0.8) (0.9) 0.8 (1.5) (0.4) (2.0) (1.0) (2.0) 0.9 (0.8) (3.2) 0.4 0.5 4.0 1.7 0.2 (0.7) 0.1 0.8 (0.2) (0.6) 54.0 10.2 1.0 (0.6) 19.0 0.1 0 0 0 8.6 20.4 0.0
Financing Cash Flow (2.9) (12.5) (26.5) (53.8) (0.6) (0.9) 1.4 (4.8) (1.3) (26.9) (0.0) (1.6) (1.1) (2.4) (1.0) (2.0) 0.9 (0.8) (3.1) 0.4 189.2 4.0 1.2 158.7 (0.7) 0.1 0.7 (0.3) (0.7) 37.3 10.2 5.1 (2.3) 17.9 0.1 0.2 11.1 (2.1) 6.7 20.2 0.2
Cash Position
Net Change in Cash 12.5 (26.0) 23.2 (20.5) (26.0) 19.3 (0.4) 2.5 11.1 6.2 (11.8) 13.2 (15.3) 7.3 (83.9) (5.1) (176.6) (4.6) 17.4 26.3 174.7 (79.1) 2.4 179.2 (6.0) (2.7) (2.5) (13.9) (7.2) 38.4 10.0 (2.5) (7.6) 10.9 (3.1) (3.1) (5.1) (5.0) 5.1 (6.6) (6.1)
Cash at Beginning 66.0 92.0 68.2 89.3 115.3 96.0 96.4 93.9 82.8 76.6 88.4 75.2 90.4 83.2 167.0 172.1 348.7 353.3 335.9 309.6 134.9 214.1 211.7 32.4 38.5 41.2 43.7 57.6 64.8 26.4 16.4 18.9 26.5 6.0 9.1 12.2 17.3 22.3 17.1 23.8 29.9
Cash at End 78.5 66.0 91.4 68.8 89.3 115.3 96.0 96.4 93.9 82.8 76.6 88.4 75.2 90.4 83.2 167.0 172.1 348.7 353.3 335.9 309.6 134.9 214.1 211.7 32.4 38.5 41.2 43.7 57.6 64.8 26.4 16.4 18.9 16.9 6.0 9.1 12.2 17.3 22.3 17.1 23.8
Free Cash Flow 0.5 19.7 36.1 8.9 (28.2) 20.4 10.8 17.2 (16.8) (10.0) (12.7) (2.9) (2.1) 3.9 (12.9) (10.5) (30.0) (1.7) (3.2) 1.4 (36.1) 6.7 1.0 20.1 (4.8) (2.3) 0.2 2.4 (6.4) 1.0 (0.2) (7.5) (4.6) (2.2) (2.2) (3.2) (6.8) (3.0) (1.6) (6.2) (6.3)
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 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1
Income Statement
Revenue 117.7 108.4 100.1 86.7 84.7 86.6 82.9 92.3 72.0 65.6 67.2 70.3 77.3 82.4 79.4 80.6 79.4 79.2 75.6 74.2 67.4 58.6 53.4 41.8 38.4 35.8 33.8 31.5 26.0 23.5 21.2 17.8 14.1 12.5 12.2 12.0 11.6 10.9 12.5 10.7 6.6 6.6 7.2 7.1 7.2 8.0 6.7 6.8 5.9 5.9 5.8 5.5 5.0
Gross Profit 84.1 72.2 68.7 58.0 56.3 58.4 55.3 64.3 46.1 40.0 42.7 44.4 51.3 52.9 51.1 53.1 52.5 52.2 50.8 50.2 45.8 39.8 36.6 26.8 26.0 23.1 22.3 19.9 16.2 13 12.3 10.6 7.7 6.9 7.0 6.9 6.2 4.4 6.5 4.9 3.8 4.2 4.6 4.6 4.5 5.7 4.9 4.4 3.8 3.5 3.3 3.3 2.9
Operating Income 1.8 (5.9) 2.0 (11.1) (13.4) 74.7 (10.5) (7.3) (19.3) (122.6) (28.8) (27.6) (24.3) (19.1) (17.3) (21.7) (19.1) (15.4) (8.7) (4.7) (0.9) (3.1) (2.9) (10.8) (5.8) (5.5) (6.7) (6.8) (5.4) (2.4) (2.7) (5.2) (5.2) (4.3) (3.9) (3.6) (8.5) (18.9) (4.9) (6.8) (6.6) (4.5) (3.2) (2.9) (1.4) 0.4 1.4 (0.3) (0.2) 0.5 (0.3) (0.3) (0.8)
Net Income 2.8 (4.1) 1.7 (8.6) (10.4) 78.0 (7.4) (4.6) (16.7) (118.1) (23.5) (25.0) (23.7) (18.3) (16.9) (21.7) (19.6) (16.2) (11.9) (1.9) (0.7) (3.5) (2.8) (6.6) (5.8) (4.8) (1.8) (7.8) (7.5) (3.8) (20.0) (14.1) (9.0) (31.7) (14.3) (4.0) (5.6) (15.5) (3.8) (10.3) (9.8) (4.8) (3.5) (3.2) (2.3) (0.0) 1.2 0.9 (1.3) (0.6) (0.8) (0.8) (1.3)
EPS (Diluted) 0.05 -0.08 0.03 -0.16 -0.19 1.51 -0.14 -0.09 -0.38 -2.24 -0.43 -0.46 -0.44 -0.34 -0.32 -0.41 -0.37 -0.31 -0.23 -0.04 -0.01 -0.07 -0.06 -0.15 -0.14 -0.11 -0.04 -0.19 -0.18 -0.09 -0.54 -0.40 -0.30 -1.13 -0.63 -0.19 -0.26 -0.73 -0.18 -0.76 -0.81 -0.40 -0.29 -0.27 -0.19 -0.00 0.12 0.08 -0.12 -0.08 -0.11 -0.11 -0.18
Balance Sheet
Cash & Equivalents 77.9 65.4 91.4 68.2 88.7 114.7 95.4 95.8 93.3 82.2 76.0 87.8 74.7 89.9 83.0 166.8 171.9 348.5 353.1 335.6 309.3 134.7 213.8 211.4 32.2 38.2 40.9 43.5 57.4 64.6 26.2 16.2 18.7 16.9 6.0 9.1 12.2 17.3 22.3 17.1 23.8
Total Assets 411.1 413.2 432.3 444.3 489.6 491.1 477.0 466.8 452.4 466.8 501.2 514.8 528.2 543.0 544.5 541.3 546.7 566.6 563.2 557.4 541.2 368.5 353.6 344.7 156.8 151.7 144.8 142.9 127.9 130.7 91.4 79.9 79.0 83.6 75.1 77.7 80.3 76.7 102.1 100.2 48.8
Total Debt 17.8 19.7 27.6 29.1 30.3 28.4 30.0 31.4 32.9 34.2 35.2 36.4 37.7 39.0 39.9 19.1 20.4 21.4 21.7 21.1 21.6 18.1 18.4 18.8 19.1 5.4 2.0 2.0 2.0 0.2 13.6 13.5 10.3 34.1 36.2 33.9 32.4 23.9 26.4 28.9 15.8
Stockholders' Equity 313.5 303.1 311.1 327.4 379.3 378.4 273.2 264.7 256.2 261.3 394.1 405.2 420.0 430.9 436.7 443.5 457.5 465.9 472.1 479.8 471.5 277.7 268.6 260.8 101.4 99 97.5 93.2 95.6 95.9 44.4 29.0 33.4 (6.1) (0.3) 11.8 14.6 19.5 36.2 32.0 20.5
Cash Flow
Operating Cash Flow 4.3 21.4 37.4 9.9 (26.6) 21.9 12.5 18.9 (15.3) (8.4) (10.2) (0.5) 0.7 7.2 (7.1) (3.9) (21.5) 4.2 0.4 9.8 (33.6) 7.2 5.2 24.1 (3.1) (1.1) 0.6 3.6 (5.9) 2.0 0.4 (1.9) (4.5) (2.1) (2.2) (3.2) (6.7) (3.1) (1.2) (6.1) (6.2)
Capital Expenditure (3.8) (1.6) (1.3) (1.0) (1.6) (1.5) (1.7) (1.8) (1.5) (1.6) (2.5) (2.4) (2.8) (3.3) (5.8) (6.6) (8.6) (5.8) (3.6) (8.3) (2.5) (0.4) (4.2) (4.0) (1.7) (1.2) (0.4) (1.1) (0.5) (1.0) (0.6) (5.6) (0.1) (0.1) (0.0) (0.0) (0.1) 0.1 (0.4) (0.2) (0.1)
Free Cash Flow 0.5 19.7 36.1 8.9 (28.2) 20.4 10.8 17.2 (16.8) (10.0) (12.7) (2.9) (2.1) 3.9 (12.9) (10.5) (30.0) (1.7) (3.2) 1.4 (36.1) 6.7 1.0 20.1 (4.8) (2.3) 0.2 2.4 (6.4) 1.0 (0.2) (7.5) (4.6) (2.2) (2.2) (3.2) (6.8) (3.0) (1.6) (6.2) (6.3)