CFLT - Confluent, Inc.
Price:
--
--
|
CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$30.85
DETAILS
HIGH:
$31.00
LOW:
$29.00
MEDIAN:
$31.00
CONSENSUS:
$30.85
DOWNSIDE:
0.45%
| Metric | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||
| Revenue | 314.8 | 298.5 | 282.3 | 271.1 | 261.2 | 250.2 | 235.0 | 217.2 | 213.2 | 200.2 | 189.3 | 174.3 | 168.7 | 151.7 | 139.4 | 126.1 | 119.9 | 102.6 | 88.3 | 77.0 | 70.3 | 61.5 | 53.9 | 50.9 |
| Cost of Revenue | 79.7 | 77.0 | 74.2 | 69.1 | 67.6 | 63.7 | 64.9 | 61.2 | 57.1 | 56.5 | 57.9 | 58.1 | 53.9 | 53.2 | 49.5 | 45.8 | 46.1 | 37.3 | 30.0 | 23.8 | 20.9 | 19.1 | 17.7 | 17.8 |
| Gross Profit | 235.2 | 221.6 | 208.1 | 202.0 | 193.7 | 186.5 | 170.0 | 156.0 | 156.1 | 143.6 | 131.4 | 116.2 | 114.7 | 98.6 | 89.9 | 80.4 | 73.8 | 65.3 | 58.3 | 53.2 | 49.4 | 42.4 | 36.2 | 33.1 |
| Operating Expenses | ||||||||||||||||||||||||
| R&D Expenses | 114.8 | 121.8 | 121.2 | 116.8 | 114.9 | 102.7 | 106.0 | 97.6 | 86.9 | 91.2 | 85.7 | 84.9 | 71.8 | 70.1 | 64.5 | 57.7 | 56.7 | 47.7 | 33.2 | 24.3 | 21.9 | 44.9 | 18.9 | 19.7 |
| SG&A Expenses | 199.9 | 183.1 | 183.3 | 186.4 | 184.6 | 177.4 | 172.2 | 169.8 | 153.9 | 160.5 | 164.1 | 164.0 | 157.9 | 147.4 | 142.7 | 134.2 | 130.8 | 112.3 | 111.1 | 74.0 | 59.8 | 137.5 | 44.8 | 46.7 |
| Other Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.5 | 0.9 | 33.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 314.7 | 304.9 | 304.6 | 303.2 | 299.4 | 280.2 | 278.4 | 267.4 | 240.8 | 252.3 | 250.7 | 282.3 | 229.7 | 217.5 | 207.2 | 191.8 | 187.5 | 160.0 | 144.4 | 98.3 | 81.7 | 182.4 | 63.7 | 66.5 |
| Operating Income | ||||||||||||||||||||||||
| Operating Income | (79.6) | (83.3) | (96.4) | (101.2) | (105.8) | (93.7) | (108.3) | (111.4) | (84.7) | (108.6) | (119.4) | (166.1) | (115.0) | (118.9) | (117.3) | (111.5) | (113.7) | (94.8) | (86.0) | (45.1) | (32.3) | (140.0) | (27.5) | (33.4) |
| Interest Expense | 0.9 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.1 | 2.6 | 0.6 | 0.2 | 0.3 | 0.7 | 0.8 | 1.1 | 1.3 | 1.3 | 0.4 |
| Profitability | ||||||||||||||||||||||||
| EBITDA | (71.8) | (57.1) | (89.1) | (94.6) | (99.5) | (88.0) | (102.5) | (107.0) | (80.8) | (104.5) | (115.2) | (129.6) | (112.5) | (116.8) | (115.5) | (110.2) | (112.5) | (93.9) | (85.3) | (44.4) | (31.9) | (139.5) | (27.1) | (33.1) |
| EBIT | (79.6) | (65.0) | (96.4) | (101.2) | (105.8) | (93.7) | (108.3) | (111.4) | (84.7) | (108.1) | (118.4) | (132.7) | (115.0) | (118.9) | (117.3) | (111.5) | (113.7) | (94.8) | (86.0) | (45.1) | (32.3) | (140.0) | (27.5) | (33.4) |
| Income Before Tax | (79.6) | (65.0) | (75.3) | (80.8) | (86.5) | (71.2) | (86.5) | (90.5) | (62.9) | (91.1) | (101.8) | (150.9) | (103.7) | (114.2) | (116.1) | (112.3) | (114.0) | (95.0) | (86) | (44.6) | (31.5) | (138.9) | (26.4) | (33.2) |
| Income Tax Expense | (0.4) | 1.6 | 6.6 | (13.2) | 1.6 | 3.0 | 3.4 | 2.5 | 31.2 | 1.6 | 1.7 | 1.6 | 2.2 | 1.9 | 1.5 | 0.7 | 0.4 | 0.7 | 2.2 | (0.1) | 0.3 | (0.8) | (0.1) | 0.4 |
| Net Income | (79.2) | (66.5) | (82.0) | (67.6) | (88.1) | (74.1) | (89.9) | (93.0) | (94.1) | (92.7) | (103.4) | (152.6) | (105.9) | (116.0) | (117.6) | (113.0) | (114.4) | (95.7) | (88.2) | (44.5) | (31.8) | (138.1) | (26.3) | (33.6) |
| Per Share Data | ||||||||||||||||||||||||
| EPS (Basic) | -0.23 | -0.19 | -0.24 | -0.20 | -0.27 | -0.23 | -0.28 | -0.30 | -0.30 | -0.30 | -0.35 | -0.52 | -0.37 | -0.41 | -0.42 | -0.41 | -0.43 | -0.37 | -0.34 | -0.18 | -0.14 | -0.62 | -0.12 | -0.15 |
| EPS (Diluted) | -0.23 | -0.19 | -0.24 | -0.20 | -0.27 | -0.23 | -0.28 | -0.30 | -0.30 | -0.30 | -0.35 | -0.52 | -0.37 | -0.41 | -0.42 | -0.41 | -0.43 | -0.37 | -0.34 | -0.18 | -0.14 | -0.62 | -0.12 | -0.15 |
| Shares Outstanding | 351.9 | 346.2 | 341.2 | 335.8 | 329.4 | 324.3 | 319.4 | 314.2 | 309.1 | 303.9 | 297.8 | 291.9 | 286.7 | 282.3 | 278.3 | 272.9 | 265.5 | 259.2 | 255.8 | 252.4 | 224.3 | 224.3 | 224.3 | 224.3 |
| Metric | 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 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||||||
| Cash & Cash Equivalents | 347.2 | 298.5 | 295.6 | 278.6 | 386.0 | 322.6 | 311.3 | 336.4 | 349.8 | 317.0 | 312.6 | 343.5 | 435.8 | 503.4 | 529.7 | 1,047.6 | 1,375.9 | 582.7 | 860.3 | 44.1 | 36.8 | (99.8) |
| Short-Term Investments | 1,706.8 | 1,691.2 | 1,645.0 | 1,638.0 | 1,524.6 | 1,536.9 | 1,619.9 | 1,570.6 | 1,551.0 | 1,555.7 | 1,534.9 | 1,506.4 | 1,491.0 | 1,436.3 | 1,427.9 | 943.0 | 640.1 | 448.2 | 183.5 | 236.0 | 251.8 | 199.5 |
| Net Receivables | 390.8 | 356.4 | 357.6 | 297.9 | 314.3 | 278.7 | 257.5 | 199.8 | 230.0 | 183.2 | 188.7 | 169.7 | 178.2 | 143.0 | 149.4 | 124.5 | 137.5 | 116.0 | 117.2 | 105.3 | 106.0 | 0 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 43.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 162.3 | 152.7 | 143.3 | 128.4 | 126.5 | 128.0 | 74.1 | 76.1 | 120.9 | 112.1 | 103.4 | 95.5 | 93.1 | 32.7 | 29.5 | 28.4 | 27.6 | 23.1 | 20.5 | 17.6 | 14.4 | 0 |
| Total Current Assets | 2,607.0 | 2,498.9 | 2,441.5 | 2,342.8 | 2,351.3 | 2,266.2 | 2,262.8 | 2,226.1 | 2,251.7 | 2,168.1 | 2,139.7 | 2,115.0 | 2,198.1 | 2,174.6 | 2,192.0 | 2,195.2 | 2,226.1 | 1,207.5 | 1,213.6 | 417.2 | 427.7 | 99.8 |
| Non-Current Assets | ||||||||||||||||||||||
| Property, Plant & Equipment | 98.1 | 95.1 | 93.9 | 89.6 | 87.5 | 83.1 | 76.8 | 70.8 | 64.1 | 58.9 | 55.5 | 48.1 | 58.6 | 57.1 | 54.4 | 53.3 | 51.7 | 51.6 | 52.5 | 52.7 | 55.0 | 0 |
| Goodwill | 164.4 | 164.4 | 164.4 | 164.4 | 164.4 | 164.4 | 52.0 | 52.0 | 52.0 | 0 | 0 | 43.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 6.1 | 6.5 | 7.0 | 7.5 | 7.9 | 8.7 | 2.5 | 3.0 | 3.5 | 45.7 | 45.8 | 2.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0.2 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 109.7 | 112.3 | 110.6 | 94.3 | 83.8 | 85.6 | 134.2 | 87.7 | 89.6 | 89.0 | 86.7 | 83.8 | 88.2 | 82.0 | 78.5 | 69.0 | 64.9 | 50.7 | 51.8 | 49.0 | 43.4 | (99.8) |
| Total Non-Current Assets | 378.3 | 378.2 | 375.9 | 355.8 | 343.6 | 341.8 | 265.7 | 213.5 | 209.2 | 193.6 | 188.0 | 177.8 | 146.7 | 139.1 | 132.9 | 122.3 | 116.7 | 102.3 | 104.4 | 101.8 | 98.4 | (99.8) |
| Total Assets | 2,985.3 | 2,877.1 | 2,817.4 | 2,698.7 | 2,694.9 | 2,608.0 | 2,528.5 | 2,439.6 | 2,460.8 | 2,361.7 | 2,327.6 | 2,292.8 | 2,344.8 | 2,313.6 | 2,324.9 | 2,317.5 | 2,342.7 | 1,309.8 | 1,318.0 | 519.0 | 526.1 | 0 |
| Current Liabilities | ||||||||||||||||||||||
| Account Payables | 20.7 | 11.8 | 11.5 | 6.0 | 7.5 | 15.5 | 14.0 | 1.9 | 6.7 | 2.0 | 2.5 | 10.4 | 21.4 | 14.2 | 15.5 | 8.2 | 7.6 | 3.3 | 1.8 | 2.3 | 1.6 | 0 |
| Short-Term Debt | 0 | 9.4 | 0 | 0 | 0 | 0 | 10.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 469.0 | 447.0 | 424.3 | 372.9 | 378.8 | 349.8 | 328.8 | 330.5 | 330.6 | 300.6 | 300.8 | 295.7 | 290.2 | 258.9 | 255.1 | 235.1 | 220.9 | 179.7 | 172.7 | 153.4 | 142.9 | 0 |
| Other Current Liabilities | 79.3 | 154.4 | 83.1 | 61.9 | 110.5 | 82.8 | 53.1 | 39.6 | 99.5 | 86.6 | 74.6 | 49.5 | 44.2 | 51.8 | 59.0 | 41.0 | 49.8 | 49.3 | 31.1 | 20.1 | 14.6 | 0 |
| Total Current Liabilities | 680.6 | 622.6 | 612.9 | 529.9 | 589.2 | 535.0 | 520.2 | 439.2 | 487.0 | 435.5 | 423.4 | 401.2 | 424.3 | 378.6 | 376.2 | 330.7 | 348.2 | 272.8 | 249.0 | 211.7 | 193.8 | 0 |
| Non-Current Liabilities | ||||||||||||||||||||||
| Long-Term Debt | 1,096.0 | 1,097.1 | 1,094.1 | 1,093.1 | 1,092.1 | 1,091.2 | 1,090.2 | 1,089.3 | 1,088.3 | 1,087.3 | 1,086.4 | 1,085.4 | 1,084.5 | 1,083.5 | 1,082.6 | 1,081.6 | 1,080.7 | 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 |
| Other Non-Current Liabilities | 7.5 | 8.1 | 11.0 | 11.1 | 12.7 | 11.6 | 12.0 | 35.5 | 35.2 | 7.2 | 7.9 | 9.2 | 8.8 | 9.5 | 10.9 | 8.8 | 6.4 | 9.8 | 11.7 | 584.0 | 581.8 | 0 |
| Total Non-Current Liabilities | 1,135.5 | 1,135.5 | 1,140.9 | 1,143.5 | 1,144.4 | 1,138.7 | 1,134.4 | 1,155.2 | 1,163.4 | 1,137.2 | 1,142.9 | 1,146.8 | 1,151.0 | 1,151.1 | 1,152.1 | 1,150.7 | 1,144.3 | 65.9 | 65.5 | 637.3 | 638.6 | 0 |
| Total Liabilities | 1,816.1 | 1,758.2 | 1,753.7 | 1,673.3 | 1,733.7 | 1,673.7 | 1,654.6 | 1,594.4 | 1,650.4 | 1,572.6 | 1,566.3 | 1,548.0 | 1,575.4 | 1,529.7 | 1,528.3 | 1,481.4 | 1,492.4 | 338.7 | 314.4 | 849.0 | 832.4 | 0 |
| 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 | 0.0 | 0.0 | 0.0 | 0 |
| Retained Earnings | (2,284.5) | (2,205.2) | (2,138.7) | (2,056.8) | (1,989.2) | (1,901.2) | (1,827.0) | (1,737.1) | (1,644.2) | (1,550.1) | (1,457.4) | (1,354.0) | (1,201.4) | (1,095.5) | (979.5) | (861.8) | (748.9) | (634.4) | (538.7) | (450.6) | (406.1) | 0 |
| Accumulated Other Comprehensive Income | 5.7 | 6.2 | 10.1 | 2.9 | (2.6) | 9.4 | (2.1) | (2.3) | 1.3 | (9.8) | (9.8) | (4.5) | (9.5) | (13.1) | (9.5) | (5.5) | (0.8) | 0.2 | (0.0) | 0.0 | 0.2 | (130.8) |
| Total Stockholders' Equity | 1,169.1 | 1,119.0 | 1,063.7 | 1,025.3 | 961.2 | 934.3 | 873.9 | 845.2 | 810.4 | 789.1 | 761.4 | 744.9 | 769.5 | 783.9 | 796.6 | 836.1 | 850.3 | 971.1 | 1,003.5 | (330.1) | (306.2) | 75.0 |
| Total Liabilities & Equity | 2,985.3 | 2,877.1 | 2,817.4 | 2,698.7 | 2,694.9 | 2,608.0 | 2,528.5 | 2,439.6 | 2,460.8 | 2,361.7 | 2,327.6 | 2,292.8 | 2,344.8 | 2,313.6 | 2,324.9 | 2,317.5 | 2,342.7 | 1,309.8 | 1,318.0 | 519.0 | 526.1 | 75.0 |
| Debt Metrics | ||||||||||||||||||||||
| Total Debt | 1,105.4 | 1,106.5 | 1,107.8 | 1,108.9 | 1,110.0 | 1,113.3 | 1,113.4 | 1,112.6 | 1,113.6 | 1,114.5 | 1,115.4 | 1,116.0 | 1,117.0 | 1,118.3 | 1,118.4 | 1,119.9 | 1,121.6 | 43.5 | 46.2 | 48.4 | 50.9 | 0 |
| Net Debt | 758.2 | 807.9 | 812.2 | 830.4 | 724.0 | 790.7 | 802.0 | 776.2 | 763.8 | 797.5 | 802.8 | 772.5 | 681.2 | 614.9 | 588.7 | 72.3 | (254.3) | (539.2) | (814.1) | 4.3 | 14.1 | 99.8 |
| Metric | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||
| Net Income | (79.2) | (66.5) | (82.0) | (67.6) | (88.1) | (74.1) | (89.9) | (93.0) | (94.1) | (92.7) | (103.4) | (152.6) | (105.9) | (116.0) | (117.6) | (113.0) | (114.4) | (95.7) | (88.2) | (44.5) | (31.8) | (138.1) | (26.3) | (33.6) |
| Depreciation & Amortization | 7.8 | 7.8 | 7.3 | 6.6 | 6.2 | 5.7 | 5.8 | 4.3 | 3.9 | 3.6 | 3.3 | 3.1 | 4.5 | 2.1 | 4.0 | 1.2 | 3.6 | 0.9 | 0.8 | 0.8 | 0.4 | 0.5 | 0.4 | 0.3 |
| Stock-Based Compensation | 101.6 | 101.1 | 102.0 | 92.6 | 102.9 | 98.3 | 99.1 | 95.3 | 88.9 | 89.5 | 92.2 | 79.3 | 0 | 75.4 | 0 | 57.4 | 0 | 49.7 | 34.5 | 13.4 | 9.7 | 120.1 | 7.1 | 6.5 |
| Change in Working Capital | 0.2 | (27.1) | (21.0) | (50.6) | 4.2 | (21.2) | (11.9) | (38.3) | 9.6 | (14.3) | (24.0) | (27.1) | (7.1) | (13.2) | 1.5 | (13.2) | 19.8 | 15.8 | (15.3) | 1.6 | (8.0) | 1.7 | (9.2) | (10.3) |
| Other Non-Cash Items | 13.6 | 15.2 | 11.5 | 9.6 | 9.8 | 7.0 | 5.7 | 5.1 | 2.0 | 4.8 | 3.0 | 19.4 | 82.5 | 10.0 | 77.8 | 12.6 | 67.6 | 11.3 | 22.8 | 9.3 | 9.5 | 7.6 | 6.7 | 6.2 |
| Operating Cash Flow | 42.1 | 30.8 | 18.1 | (26.8) | 35.2 | 15.6 | 8.6 | (26.0) | 12.2 | (9.1) | (29.1) | (77.8) | (26.3) | (41.8) | (34.3) | (55.0) | (23.9) | (18.0) | (43.2) | (20.0) | (20.4) | (9.2) | (21.5) | (31.0) |
| Investing Activities | ||||||||||||||||||||||||
| Capital Expenditure | (0.4) | (6.2) | (0.9) | (6.2) | (6.1) | (6.3) | (5.9) | (5.7) | (5.4) | (4.0) | (6.1) | (5.1) | (3.8) | (3.8) | (3.4) | (3.4) | (2.8) | (2.6) | (2.2) | (1.2) | (1.0) | (1.1) | (1.2) | (1.3) |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | (115.5) | 0 | 0 | (10) | 3.7 | 0 | (45.8) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.9 | 1.1 | 1.0 |
| Purchases of Investments | (352.7) | (415.7) | (466.0) | (405.2) | (367.4) | (274.4) | (456.9) | (443.3) | (351.1) | (235.8) | (546.4) | (453.4) | (528.7) | (355.9) | (763.5) | (403.9) | (284.7) | (322.9) | (14.3) | (41.7) | (46.2) | (52.7) | (192.0) | (38.7) |
| Sales/Maturities of Investments | 341.5 | 375.2 | 464.6 | 299.5 | 383.7 | 374.3 | 416.2 | 432.3 | 374.6 | 228.3 | 523.6 | 451.8 | 482.9 | 347 | 275.1 | 95.5 | 91.3 | 57.7 | 66.2 | 56.8 | 45.4 | 70.2 | 16.7 | 25.0 |
| Other Investing Activities | (6.2) | (5.4) | (6.2) | (4.8) | (5.4) | (5.7) | (4.8) | (5.5) | (4.3) | (3.7) | (5.3) | (4.6) | 0 | (2.8) | 0 | (2.5) | 0 | (2.0) | (1.2) | (0.6) | (0.6) | (0.9) | (1.1) | (1.0) |
| Investing Cash Flow | (17.8) | (46.8) | (8.5) | (112.0) | 10.2 | (21.9) | (46.5) | (16.8) | 8.1 | (11.5) | (28.9) | (52.5) | (49.5) | (12.7) | (491.8) | (311.7) | (196.3) | (267.9) | 49.7 | 13.8 | (1.8) | 16.4 | (176.5) | (15.0) |
| Financing Activities | ||||||||||||||||||||||||
| Net Debt Issuance | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.8) | 0 | 0 | 0 | 1,081.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.0) | 0 | 0 | (0.1) | 0 | (0.7) | 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 |
| Other Financing Activities | 0 | 0 | 0 | 30.8 | 19.5 | 17.2 | 13.1 | 30.0 | 11.0 | 26.4 | 27.5 | 37.7 | 0 | 28.2 | 0.8 | 38.5 | (91.0) | 8.2 | 809.5 | 13.5 | 6.6 | 6.9 | 1.4 | 2.0 |
| Financing Cash Flow | 24.6 | 19.8 | 6.1 | 30.8 | 19.5 | 17.2 | 13.1 | 30.0 | 11.0 | 26.2 | 27.5 | 37.7 | 7.5 | 28.2 | 8.1 | 38.5 | 1,013.3 | 8.2 | 809.5 | 13.5 | 6.6 | 16.9 | 26.3 | 227.0 |
| Cash Position | ||||||||||||||||||||||||
| Net Change in Cash | 48.7 | 2.9 | 17.0 | (107.4) | 63.4 | 11.3 | (25.0) | (13.4) | 32.7 | 4.4 | (30.8) | (92.3) | (67.6) | (26.3) | (517.9) | (328.3) | 793.2 | (277.6) | 816.0 | 7.3 | (15.6) | 24.2 | (171.7) | 180.9 |
| Cash at Beginning | 298.5 | 295.6 | 278.6 | 386.0 | 322.6 | 311.3 | 336.4 | 349.8 | 317.0 | 312.6 | 343.5 | 435.8 | 503.4 | 530.4 | 1,047.6 | 1,376.7 | 582.7 | 861.1 | 45.1 | 37.8 | 53.4 | 29.2 | 200.9 | 20.0 |
| Cash at End | 347.2 | 298.5 | 295.6 | 278.6 | 386.0 | 322.6 | 311.3 | 336.4 | 349.8 | 317.0 | 312.6 | 343.5 | 435.8 | 504.2 | 529.7 | 1,048.3 | 1,375.9 | 583.4 | 861.1 | 45.1 | 37.8 | 53.4 | 29.2 | 200.9 |
| Free Cash Flow | 41.7 | 24.6 | 17.2 | (33.0) | 29.1 | 9.3 | 2.7 | (31.7) | 6.8 | (13.1) | (35.2) | (82.9) | (30.1) | (45.6) | (37.7) | (58.4) | (26.7) | (20.6) | (45.4) | (21.2) | (21.4) | (10.3) | (22.7) | (32.4) |
| Key Metrics | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||||||||||
| Revenue | 314.8 | 298.5 | 282.3 | 271.1 | 261.2 | 250.2 | 235.0 | 217.2 | 213.2 | 200.2 | 189.3 | 174.3 | 168.7 | 151.7 | 139.4 | 126.1 | 119.9 | 102.6 | 88.3 | 77.0 | 70.3 | 61.5 | 53.9 | 50.9 |
| Gross Profit | 235.2 | 221.6 | 208.1 | 202.0 | 193.7 | 186.5 | 170.0 | 156.0 | 156.1 | 143.6 | 131.4 | 116.2 | 114.7 | 98.6 | 89.9 | 80.4 | 73.8 | 65.3 | 58.3 | 53.2 | 49.4 | 42.4 | 36.2 | 33.1 |
| Operating Income | (79.6) | (83.3) | (96.4) | (101.2) | (105.8) | (93.7) | (108.3) | (111.4) | (84.7) | (108.6) | (119.4) | (166.1) | (115.0) | (118.9) | (117.3) | (111.5) | (113.7) | (94.8) | (86.0) | (45.1) | (32.3) | (140.0) | (27.5) | (33.4) |
| Net Income | (79.2) | (66.5) | (82.0) | (67.6) | (88.1) | (74.1) | (89.9) | (93.0) | (94.1) | (92.7) | (103.4) | (152.6) | (105.9) | (116.0) | (117.6) | (113.0) | (114.4) | (95.7) | (88.2) | (44.5) | (31.8) | (138.1) | (26.3) | (33.6) |
| EPS (Diluted) | -0.23 | -0.19 | -0.24 | -0.20 | -0.27 | -0.23 | -0.28 | -0.30 | -0.30 | -0.30 | -0.35 | -0.52 | -0.37 | -0.41 | -0.42 | -0.41 | -0.43 | -0.37 | -0.34 | -0.18 | -0.14 | -0.62 | -0.12 | -0.15 |
| Balance Sheet | ||||||||||||||||||||||||
| Cash & Equivalents | 347.2 | 298.5 | 295.6 | 278.6 | 386.0 | 322.6 | 311.3 | 336.4 | 349.8 | 317.0 | 312.6 | 343.5 | 435.8 | 503.4 | 529.7 | 1,047.6 | 1,375.9 | 582.7 | 860.3 | 44.1 | 36.8 | (99.8) | ||
| Total Assets | 2,985.3 | 2,877.1 | 2,817.4 | 2,698.7 | 2,694.9 | 2,608.0 | 2,528.5 | 2,439.6 | 2,460.8 | 2,361.7 | 2,327.6 | 2,292.8 | 2,344.8 | 2,313.6 | 2,324.9 | 2,317.5 | 2,342.7 | 1,309.8 | 1,318.0 | 519.0 | 526.1 | 0 | ||
| Total Debt | 1,105.4 | 1,106.5 | 1,107.8 | 1,108.9 | 1,110.0 | 1,113.3 | 1,113.4 | 1,112.6 | 1,113.6 | 1,114.5 | 1,115.4 | 1,116.0 | 1,117.0 | 1,118.3 | 1,118.4 | 1,119.9 | 1,121.6 | 43.5 | 46.2 | 48.4 | 50.9 | 0 | ||
| Stockholders' Equity | 1,169.1 | 1,119.0 | 1,063.7 | 1,025.3 | 961.2 | 934.3 | 873.9 | 845.2 | 810.4 | 789.1 | 761.4 | 744.9 | 769.5 | 783.9 | 796.6 | 836.1 | 850.3 | 971.1 | 1,003.5 | (330.1) | (306.2) | 75.0 | ||
| Cash Flow | ||||||||||||||||||||||||
| Operating Cash Flow | 42.1 | 30.8 | 18.1 | (26.8) | 35.2 | 15.6 | 8.6 | (26.0) | 12.2 | (9.1) | (29.1) | (77.8) | (26.3) | (41.8) | (34.3) | (55.0) | (23.9) | (18.0) | (43.2) | (20.0) | (20.4) | (9.2) | (21.5) | (31.0) |
| Capital Expenditure | (0.4) | (6.2) | (0.9) | (6.2) | (6.1) | (6.3) | (5.9) | (5.7) | (5.4) | (4.0) | (6.1) | (5.1) | (3.8) | (3.8) | (3.4) | (3.4) | (2.8) | (2.6) | (2.2) | (1.2) | (1.0) | (1.1) | (1.2) | (1.3) |
| Free Cash Flow | 41.7 | 24.6 | 17.2 | (33.0) | 29.1 | 9.3 | 2.7 | (31.7) | 6.8 | (13.1) | (35.2) | (82.9) | (30.1) | (45.6) | (37.7) | (58.4) | (26.7) | (20.6) | (45.4) | (21.2) | (21.4) | (10.3) | (22.7) | (32.4) |