DKNG - DraftKings Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$35.78
DETAILS
HIGH:
$46.00
LOW:
$26.00
MEDIAN:
$35.00
CONSENSUS:
$35.78
UPSIDE:
42.44%
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||
| Revenue | 1,646.1 | 1,989.2 | 1,144.0 | 1,512.5 | 1,408.8 | 1,392.8 | 1,095.5 | 1,104.4 | 1,175.0 | 1,230.9 | 790.0 | 874.9 | 769.7 | 855.1 | 501.9 | 466.2 | 417.2 | 473.3 | 212.8 | 297.6 | 312.3 | 322.2 | 132.8 | 70.9 | 88.5 | 130.9 | 67.0 | 57.4 | 68.1 | 93.3 |
| Cost of Revenue | 949.4 | 1,074.5 | 784.1 | 854.6 | 843.8 | 834.6 | 742.4 | 663.4 | 710.1 | 716.7 | 543.5 | 510.3 | 521.7 | 485.4 | 372.7 | 312.8 | 313.4 | 253.2 | 170.7 | 187.0 | 183.2 | 159.3 | 96.6 | 47.3 | 43.4 | 39.2 | 25.3 | 17.8 | 21.6 | 22.1 |
| Gross Profit | 696.7 | 914.7 | 359.9 | 657.9 | 565.0 | 558.1 | 353.1 | 441.0 | 464.9 | 514.2 | 246.5 | 364.6 | 247.9 | 369.7 | 129.2 | 153.4 | 103.8 | 220.1 | 42.1 | 110.6 | 129.1 | 162.9 | 36.3 | 23.6 | 45.1 | 91.7 | 41.7 | 39.6 | 46.5 | 71.1 |
| Operating Expenses | ||||||||||||||||||||||||||||||
| R&D Expenses | 123.2 | 133.6 | 114.7 | 108.4 | 103.3 | 112.1 | 103.6 | 92.7 | 88.8 | 88.2 | 89.0 | 89.9 | 88.1 | 83.4 | 76.3 | 77.2 | 81.4 | 69.6 | 65.2 | 62.6 | 56.2 | 66.1 | 53.9 | 30.5 | 18.0 | 16.3 | 14.3 | 12.2 | 13.1 | 10.0 |
| SG&A Expenses | 567.7 | 629.4 | 517.1 | 398.9 | 508.1 | 585.2 | 548.1 | 380.8 | 515.0 | 469.9 | 444.1 | 343.7 | 549.6 | 532.8 | 508.0 | 385.1 | 538.1 | 493.9 | 523.4 | 369.5 | 397.7 | 328.7 | 330.7 | 153.5 | 87.5 | 107.1 | 83.5 | 55.9 | 63.7 | 62.3 |
| Other Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (14.3) | 0 | 0 | 0 | 25.3 | 0.0 | 0 | 0 | 36.4 | 0 | 0 | 5.7 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 690.8 | 762.9 | 631.8 | 507.3 | 611.3 | 697.3 | 651.6 | 473.4 | 603.8 | 558.0 | 533.1 | 433.6 | 637.7 | 601.9 | 584.3 | 462.3 | 619.4 | 588.9 | 588.6 | 432.2 | 453.8 | 431.3 | 384.6 | 184.0 | 111.2 | 123.4 | 97.9 | 68.1 | 76.7 | 72.3 |
| Operating Income | ||||||||||||||||||||||||||||||
| Operating Income | 5.8 | 151.8 | (271.9) | 150.6 | (46.3) | (139.2) | (298.6) | (32.4) | (138.8) | (43.8) | (286.6) | (69.0) | (389.8) | (232.2) | (455.0) | (308.9) | (515.6) | (368.8) | (546.5) | (321.6) | (324.8) | (268.3) | (348.4) | (160.4) | (66.1) | (31.6) | (56.2) | (28.5) | (30.2) | (1.2) |
| Interest Expense | (5.7) | 0 | 19.6 | 11.6 | 5.1 | 0.8 | 0.9 | 0.7 | 0.6 | 0.7 | 0.7 | 0.7 | 0.7 | 0 | 0.7 | 0.7 | 0.7 | 0 | 1.6 | 0 | – | 0 | – | 0.6 | 2.4 | 0.0 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 12.3 | 9.5 | 8.8 | 9.2 | 14.2 | 15.1 | 18.8 | 14.4 | 13.4 | 11.8 | 10.3 | 7.0 | 2.6 | 0.8 | 0.9 | 0 | 1.6 | 1.0 | 1.2 | 0.7 | 0 | 0 | 0 | 0.3 | 0.4 | 0.7 | 0.1 |
| Profitability | ||||||||||||||||||||||||||||||
| EBITDA | 77.5 | 225.8 | (159.1) | 246.9 | 35.8 | (78.7) | (204.0) | 52.8 | (89.4) | 18.4 | (230.9) | (27.4) | (346.8) | (197.9) | (400.5) | (255.3) | (432.0) | (310.9) | (516.2) | (291.5) | (296.6) | (204.5) | (321.8) | (141.8) | (55.8) | (27.6) | (52.7) | (25.3) | (27.3) | 1.6 |
| EBIT | 5.8 | 151.8 | (225.2) | 181.6 | (34.3) | (144.8) | (294.0) | (8.8) | (142.6) | (36.8) | (281.1) | (75.6) | (395.0) | (246.5) | (446.6) | (297.6) | (464.2) | (343.4) | (546.5) | (321.6) | (324.8) | (231.9) | (348.4) | (160.4) | (60.5) | (31.6) | (56.2) | (28.5) | (30.2) | (1.2) |
| Income Before Tax | 27.4 | 146.6 | (268.9) | 169.7 | (39.5) | (146.0) | (295.0) | (9.7) | (142.9) | (37.8) | (281.8) | (76.6) | (395.8) | (233.0) | (447.3) | (298.3) | (467.2) | (319.7) | (541.2) | (303.1) | (350.9) | (241.8) | (347.7) | (161.0) | (68.7) | (28.6) | (55.9) | (28.1) | (29.5) | (1.0) |
| Income Tax Expense | 6.4 | 10.1 | (12.1) | 11.8 | (5.6) | (11.1) | (1.3) | (73.6) | (0.4) | 6.9 | 1.3 | 0.7 | 1.4 | 9.7 | 3.2 | (81.2) | 0.5 | 6.6 | 3.8 | 2.4 | (4.6) | 0.9 | (0.0) | 0.3 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Income | 21.1 | 136.4 | (256.8) | 157.9 | (33.9) | (134.9) | (293.7) | 63.8 | (142.6) | (44.6) | (283.1) | (77.3) | (397.1) | (242.7) | (450.5) | (217.1) | (467.7) | (326.3) | (545.0) | (305.5) | (346.3) | (242.7) | (347.8) | (161.4) | (68.7) | (29.1) | (55.9) | (28.1) | (29.9) | (1.7) |
| Per Share Data | ||||||||||||||||||||||||||||||
| EPS (Basic) | 0.04 | 0.28 | -0.52 | 0.32 | -0.07 | -0.28 | -0.60 | 0.13 | -0.30 | -0.10 | -0.61 | -0.17 | -0.87 | -0.54 | -1.00 | -0.50 | -1.14 | -0.81 | -1.35 | -0.76 | -0.87 | -1.95 | -0.98 | -0.55 | -0.37 | -0.16 | -0.30 | -0.15 | – | -0.01 |
| EPS (Diluted) | 0.04 | 0.26 | -0.48 | 0.30 | -0.07 | -0.28 | -0.60 | 0.13 | -0.30 | -0.10 | -0.61 | -0.17 | -0.87 | -0.54 | -1.00 | -0.50 | -1.14 | -0.81 | -1.35 | -0.76 | -0.87 | -1.95 | -0.98 | -0.55 | -0.37 | -0.16 | -0.30 | -0.15 | – | -0.01 |
| Shares Outstanding | 487.2 | 487.2 | 496.5 | 496.5 | 493.3 | 488 | 486.2 | 479.3 | 474.2 | 468.1 | 464.8 | 462.4 | 455.1 | 450.6 | 448.3 | 437.0 | 411.1 | 403.8 | 403.8 | 401.4 | 397.6 | 335.1 | 355.9 | 292.0 | 184.9 | 183.9 | 185.7 | 184.7 | 184.7 | 184.6 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 999.4 | 1,604.6 | 1,228.3 | 1,262.0 | 1,119.7 | 788.3 | 877.8 | 815.9 | 1,192.7 | 1,270.5 | 1,111.6 | 1,113.7 | 1,087.7 | 1,309.2 | 1,382.7 | 1,514.4 | 1,772.9 | 2,152.9 | 2,394.9 | 2,646.5 | 2,818.1 | 1,817.3 | 1,140.9 | 1,244.3 | 97.1 | 76.5 | 36.0 | 1.1 | (117.9) | 117.9 |
| Short-Term 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 | 235.8 | 0 |
| Net Receivables | 86.1 | 105.6 | 65.6 | 136.6 | 147.5 | 120.4 | 406.2 | 302.3 | 319.3 | 349.3 | 237.3 | 141.6 | 166.0 | 211.2 | 130.4 | 101.9 | 104.2 | 97.8 | 75.2 | 71.2 | 72.4 | 74.8 | 75.2 | 50.2 | 0 | 29.8 | 0 | 0 | 0 | 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 |
| Other Current Assets | 492.2 | 104.8 | 651.2 | 388.2 | 533.5 | 625.1 | 359.9 | 404.6 | 426.0 | 451.6 | 619.1 | 463.8 | 552.1 | 564.5 | 581.4 | 426.2 | 464.9 | 476.9 | 480.2 | 314.3 | 305.7 | 287.7 | 257.4 | 132.0 | 125.4 | 144 | 159.4 | 0 | 0 | 133.0 |
| Total Current Assets | 1,577.7 | 1,815.0 | 1,945.0 | 1,786.7 | 1,800.8 | 1,533.8 | 1,643.9 | 1,522.8 | 1,938.0 | 2,071.4 | 1,967.9 | 1,719.0 | 1,805.8 | 2,084.8 | 2,193.1 | 2,137.7 | 2,398.5 | 2,753.3 | 2,985.1 | 3,057.0 | 3,211.5 | 2,194.3 | 1,485.9 | 1,451.1 | 239.2 | 261.1 | 206.4 | 1.5 | 117.9 | 262.2 |
| Non-Current Assets | ||||||||||||||||||||||||||||||
| Property, Plant & Equipment | 131.6 | 100.9 | 118.2 | 122.3 | 125.3 | 125.5 | 136.2 | 146.9 | 150.4 | 154.7 | 142.1 | 118.3 | 123.1 | 126.1 | 132.9 | 131.3 | 110.9 | 109.8 | 113.3 | 113.7 | 116.0 | 108.9 | 39.5 | 37.0 | 26.4 | 25.9 | 26.0 | 0 | 0 | 14.1 |
| Goodwill | 1,597.6 | 1,597.6 | 1,555.1 | 1,555.1 | 1,555.1 | 1,555.1 | 1,456.0 | 1,456.0 | 886.4 | 886.4 | 886.4 | 886.4 | 886.4 | 886.4 | 894.0 | 894.0 | 615.7 | 615.7 | 626.1 | 631.4 | 612.5 | 569.6 | 486.3 | 480.6 | 4.7 | 4.7 | 4.7 | 0 | 0 | 4.7 |
| Intangible Assets | 868.1 | 889.2 | 861.0 | 880.0 | 904.5 | 933.1 | 891.9 | 949.4 | 682.4 | 690.6 | 719.0 | 734.6 | 754.5 | 776.9 | 788.6 | 810.5 | 523.0 | 535.0 | 516.9 | 540.7 | 532.1 | 555.9 | 549.3 | 542.1 | 34.1 | 33.9 | 21.0 | 0 | 0 | 16.9 |
| Long-Term Investments | 26.1 | 18.9 | 19.4 | 13.9 | 13.2 | 13.2 | 12.6 | 11.1 | 11.4 | 10.3 | 9.6 | 9.6 | 10.0 | 10.1 | 8.7 | 8.8 | 7.5 | 9.8 | 4.8 | 5.0 | 2.8 | 3.0 | 2.1 | 2.2 | 2.3 | 2.5 | 402.6 | 400.8 | 0 | 0 |
| Other Non-Current Assets | 106.4 | 109.1 | 125.5 | 116.3 | 116.9 | 123.1 | 132.3 | 131.9 | 132.2 | 131.5 | 136.5 | 138.3 | 159.6 | 155.9 | 174.6 | 171.5 | 90.8 | 45.4 | 12.8 | 11.2 | 8.3 | 7.6 | 3.6 | 3.1 | 2.8 | 2.4 | (401.0) | 0 | (117.9) | 1.5 |
| Total Non-Current Assets | 2,729.8 | 2,715.8 | 2,679.2 | 2,687.6 | 2,715.0 | 2,750.0 | 2,629.1 | 2,695.3 | 1,862.7 | 1,873.5 | 1,893.6 | 1,887.2 | 1,933.5 | 1,955.3 | 1,999.0 | 2,016.1 | 1,347.8 | 1,315.7 | 1,274.0 | 1,301.9 | 1,271.7 | 1,245.0 | 1,080.8 | 1,065.0 | 70.4 | 69.6 | 53.4 | 400.8 | (117.9) | 37.2 |
| Total Assets | 4,307.5 | 4,530.8 | 4,624.2 | 4,474.3 | 4,515.8 | 4,283.7 | 4,273.0 | 4,218.2 | 3,800.7 | 3,944.9 | 3,861.5 | 3,606.3 | 3,739.3 | 4,040.2 | 4,192.1 | 4,153.8 | 3,746.3 | 4,069.1 | 4,259.1 | 4,358.9 | 4,483.2 | 3,439.3 | 2,566.7 | 2,516.1 | 309.6 | 330.7 | 259.8 | 402.3 | 0 | 299.4 |
| Current Liabilities | ||||||||||||||||||||||||||||||
| Account Payables | 0 | 785.4 | 711.4 | 0 | 0 | 53.7 | 0 | 0 | 0 | 34.1 | 0 | 0 | 0 | 10.1 | 0 | 0 | 0 | 52.5 | 0 | 0 | 0 | 28.1 | 24.4 | 32.3 | 1.5 | 16.6 | 15.1 | 0 | 0 | 11.6 |
| Short-Term Debt | 10.9 | 9.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 44.5 | 6.8 | 3.8 | 0 | 0 | 3.8 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 46.4 | 0 | 0 | 0 | 43.6 | 0 | 0 | 0 | 40.5 | 0 | 0 | 0 | 1.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 1,537.5 | 960.2 | 1,053.5 | 1,323.2 | 1,487.8 | 1,069.9 | 1,635.5 | 1,362.3 | 1,430.3 | 993.4 | 1,516.3 | 1,073.9 | 1,227.9 | 803.4 | 1,279.5 | 914.9 | 900.0 | 592.7 | 926.8 | 633.7 | 625.0 | 366.4 | 314.3 | 165.5 | 152.2 | 180.8 | 167.3 | 0 | 0 | 141.6 |
| Total Current Liabilities | 1,548.4 | 1,755.5 | 1,776.3 | 1,334.6 | 1,498.9 | 1,655.0 | 1,646.7 | 1,373.7 | 1,441.6 | 1,549.6 | 1,528.5 | 1,077.2 | 1,231.9 | 1,246.5 | 1,285.2 | 920.6 | 912.9 | 929.4 | 939.9 | 647.0 | 638.4 | 554.4 | 512.8 | 270.0 | 251.9 | 255.1 | 233.8 | 0.5 | 0 | 195.9 |
| Non-Current Liabilities | ||||||||||||||||||||||||||||||
| Long-Term Debt | 1,331.4 | 1,880.0 | 1,835.9 | 1,836.2 | 1,842.6 | 1,256.4 | 1,255.8 | 1,255.1 | 1,254.4 | 1,253.8 | 1,253.1 | 1,252.4 | 1,251.8 | 1,251.1 | 1,250.4 | 1,249.8 | 1,249.1 | 1,248.5 | 1,247.8 | 1,247.1 | 1,247.1 | 0 | 0 | 0 | 110.2 | 68.4 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 822.7 | 219.4 | 220.5 | 231.5 | 236.2 | 294.0 | 218.6 | 212.8 | 194.7 | 220.4 | 201.6 | 193.7 | 171.4 | 150.6 | 145.2 | 141.3 | 144.2 | 155.3 | 184.3 | 195.3 | 209.6 | 184.8 | 59.1 | 54.9 | 49.4 | 56.9 | 14 | 14 | 0 | 0 |
| Total Non-Current Liabilities | 2,154.1 | 2,143.9 | 2,115.6 | 2,130.1 | 2,144.0 | 1,618.1 | 1,550.1 | 1,546.0 | 1,528.1 | 1,554.9 | 1,531.6 | 1,510.5 | 1,489.6 | 1,471.0 | 1,471.8 | 1,469.3 | 1,447.8 | 1,461.1 | 1,493.0 | 1,506.5 | 1,523.5 | 253.6 | 59.1 | 54.9 | 159.6 | 125.2 | 14 | 14 | 0 | 0 |
| Total Liabilities | 3,702.5 | 3,899.3 | 3,891.9 | 3,464.7 | 3,642.9 | 3,273.1 | 3,196.9 | 2,919.8 | 2,969.7 | 3,104.6 | 3,060.1 | 2,587.8 | 2,721.5 | 2,717.5 | 2,756.9 | 2,389.9 | 2,360.7 | 2,390.5 | 2,432.9 | 2,153.5 | 2,161.9 | 808.0 | 571.9 | 324.8 | 411.5 | 380.3 | 233.8 | 14.5 | 0 | 195.9 |
| Stockholders' Equity | ||||||||||||||||||||||||||||||
| Common Stock | 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 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.4 | 0.0 | 0.4 | 382.8 | 0 | 0.4 |
| Retained Earnings | (6,416.4) | (6,437.5) | (6,573.9) | (6,317.2) | (6,475.1) | (6,441.2) | (6,306.4) | (6,012.7) | (6,076.5) | (5,933.9) | (5,889.3) | (5,606.2) | (5,528.9) | (5,131.8) | (4,889.1) | (4,438.6) | (4,221.5) | (3,753.8) | (3,427.5) | (2,882.5) | (2,577.0) | (2,230.6) | (1,576.7) | (1,228.9) | (1,067.5) | (998.8) | (970.1) | 0.8 | 0 | (856.0) |
| Accumulated Other Comprehensive Income | 36.5 | 36.5 | 36.5 | 36.5 | 36.5 | 36.5 | 36.5 | 36.5 | 36.5 | 36.5 | 36.5 | 36.5 | 36.5 | 36.5 | 36.5 | 36.5 | 36.5 | 36.5 | 50.8 | 63.9 | 56.2 | 83.5 | 54.1 | 25.0 | 0 | 0 | 0 | 0 | (185.2) | 0 |
| Total Stockholders' Equity | 605.0 | 631.5 | 732.3 | 1,009.6 | 872.9 | 1,010.6 | 1,076.1 | 1,298.4 | 831.0 | 840.3 | 801.4 | 1,018.5 | 1,017.8 | 1,322.7 | 1,435.1 | 1,763.9 | 1,385.6 | 1,678.5 | 1,826.2 | 2,205.4 | 2,321.2 | 2,631.3 | 1,994.7 | 2,191.3 | (102.0) | (49.6) | (30.7) | 387.8 | 76.0 | 76.0 |
| Total Liabilities & Equity | 4,307.5 | 4,530.8 | 4,624.2 | 4,474.3 | 4,515.8 | 4,283.7 | 4,273.0 | 4,218.2 | 3,800.7 | 3,944.9 | 3,861.5 | 3,606.3 | 3,739.3 | 4,040.2 | 4,192.1 | 4,153.8 | 3,746.3 | 4,069.1 | 4,259.1 | 4,358.9 | 4,483.2 | 3,439.3 | 2,566.7 | 2,516.1 | 309.6 | 330.7 | 203.1 | 402.3 | 76.0 | 272.0 |
| Debt Metrics | ||||||||||||||||||||||||||||||
| Total Debt | 1,342.3 | 1,934.2 | 1,906.6 | 1,909.9 | 1,918.9 | 1,335.1 | 1,342.8 | 1,344.7 | 1,344.6 | 1,346.1 | 1,342.1 | 1,320.1 | 1,322.2 | 1,324.7 | 1,332.2 | 1,333.7 | 1,316.5 | 1,318.6 | 1,321.8 | 1,324.4 | 1,327.3 | 81.6 | 0 | 0 | 154.7 | 75.1 | 3.8 | 0 | 0 | 3.8 |
| Net Debt | 342.9 | 329.6 | 678.3 | 648.0 | 799.2 | 546.8 | 465.0 | 528.9 | 151.9 | 75.6 | 230.6 | 206.4 | 234.5 | 15.5 | (50.5) | (180.7) | (456.4) | (834.3) | (1,073.1) | (1,322.1) | (1,490.8) | (1,735.6) | (1,140.9) | (1,244.3) | 57.6 | (1.4) | (32.3) | (1.1) | 117.9 | (114.2) |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||||||
| Net Income | 21.1 | 136.4 | (256.8) | 157.9 | (33.9) | (134.9) | (293.7) | 63.8 | (142.6) | (44.6) | (283.1) | (77.3) | (397.1) | (242.7) | (450.5) | (217.1) | (467.7) | (326.3) | (545.0) | (305.5) | (346.3) | (654.0) | (395.7) | (524.8) | (68.7) | (29.1) | (55.9) | (28.1) | (29.6) | (1.1) |
| Depreciation & Amortization | 71.7 | 74.0 | 66.1 | 65.3 | 70.1 | 66.1 | 90.0 | 61.6 | 53.2 | 55.2 | 50.2 | 48.3 | 48.2 | 48.6 | 46.1 | 42.3 | 32.2 | 32.5 | 30.4 | 30.1 | 28.2 | 27.4 | 26.6 | 18.7 | 4.7 | 4.0 | 3.4 | 3.3 | 2.9 | 2.7 |
| Stock-Based Compensation | 0 | 0 | 72.5 | 84.7 | 78.8 | 110.1 | 87.6 | 90.2 | 93.5 | 113.5 | 78.4 | 89.2 | 117.4 | 130.2 | 126.0 | 135.5 | 187.1 | 184.0 | 175.7 | 171.7 | 151.8 | 0 | 117.0 | 54.5 | 4.8 | 9.1 | 1.8 | 1.8 | 4.8 | 1.8 |
| Change in Working Capital | (180.3) | 20.7 | 433.0 | (121.1) | (235.3) | 284.3 | 240.5 | (96.2) | (93.5) | (69.8) | 288.4 | (96.8) | 13.1 | (99.6) | 328.2 | (46.2) | (60.7) | (11.9) | 276.5 | 4.7 | 87.4 | (4.8) | 223.4 | (8.2) | 5.6 | 2.4 | 26.5 | 5.2 | 12.0 | 4.0 |
| Other Non-Cash Items | 39.3 | 104.1 | (23.7) | (12.2) | 0.3 | 11.7 | 10.1 | (9.8) | 18.4 | 16.4 | 9.0 | 19.1 | 14.7 | 10.4 | 3.8 | (10.2) | (47.9) | (46.9) | (6.2) | (16.1) | 27.2 | 536.4 | 48.0 | 364.0 | 2.8 | (1.6) | 0.3 | (5.7) | (6.6) | (0.9) |
| Operating Cash Flow | (48.4) | 320.5 | 287.5 | 173.9 | (119.0) | 325.2 | 133.6 | 29.4 | (70.4) | 72.1 | 145.4 | (17.7) | (201.5) | (148.5) | 52.2 | (172.6) | (356.7) | (172.2) | (70.9) | (116.6) | (59.7) | (96.6) | 19.1 | (96.1) | (50.8) | (15.2) | (23.8) | (23.4) | (16.4) | 6.6 |
| Investing Activities | ||||||||||||||||||||||||||||||
| Capital Expenditure | (7.1) | (4.0) | (39.6) | (4.3) | (2.6) | (2.0) | (31.8) | (2.4) | (37.3) | (1.0) | (40.0) | (23.0) | (27.9) | (33.3) | (23.1) | (25.2) | (22.1) | (48.3) | (18.1) | (20.5) | (11.4) | (3.5) | (13.0) | (1.5) | (1.9) | (15.9) | (7.0) | (2.4) | (10.6) | (9.7) |
| Acquisitions | 0 | (16.4) | 0 | 0 | 0 | (49.0) | (0.5) | (392.0) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (96.5) | 0 | (0.0) | 0 | (24.4) | (40.5) | (1.8) | 0 | (176.8) | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (25) | 0 | 0 | 0 | (1) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (43.5) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | (3.0) | 11.8 | (37.4) | (30.9) | (36.4) | (27.4) | (28.5) | (0.4) | (36.2) | (0.9) | (29.7) | 3.2 | 0.3 | (3.5) | (19.0) | (22.1) | (1.0) | 40.5 | (13.2) | (20.4) | (9.0) | 0 | (8.1) | 0 | 0 | (15.1) | (4.0) | (3.3) | (3.2) | (3.2) |
| Investing Cash Flow | (48.2) | (49.9) | (41.8) | (35.3) | (39.0) | (78.4) | (31.6) | (417.3) | (39.2) | (23.4) | (40.0) | 0.6 | (27.6) | (36.8) | (24.5) | (124.4) | (23.1) | (76.3) | (18.1) | (48.7) | (51.9) | (15.7) | (13.0) | (192.3) | (6.3) | (15.9) | (7.0) | (5.6) | (13.8) | (13.0) |
| Financing Activities | ||||||||||||||||||||||||||||||
| Net Debt Issuance | (1.5) | (4.5) | (1.5) | (1.5) | 588.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.9 | (0.0) | (0.9) | 1,248.0 | (6.8) | 6.8 | (42.9) | 77.2 | 71.1 | 0 | 0 | 0 | 0 |
| Stock Repurchased | (122.9) | (381.9) | (102.8) | (128.0) | (216.6) | (72.8) | (20.3) | (24.4) | (33.5) | (20.7) | (18.2) | (13.8) | (27.4) | (3.5) | (4.5) | (3.4) | (14.1) | (3.5) | (4.4) | (6.8) | (3.1) | (288.8) | 0 | 0 | 0 | 0 | 0 | 409.5 | 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 | 0 |
| Other Financing Activities | 0 | (4.4) | 0 | 0 | 1.3 | (0.3) | 1.4 | 0 | 2.9 | 0 | 5.5 | 1.1 | 2.2 | 3.6 | 0.2 | 3.2 | 1.8 | 7.3 | 6.7 | 10.8 | (116.1) | 6.8 | 4.8 | (18.8) | 0 | 0.5 | 0.1 | 1.4 | 7.4 | 49.0 |
| Financing Cash Flow | (121.1) | (374.2) | (101.4) | (119.7) | 372.8 | (73.1) | (18.9) | (21.8) | (30.6) | (12.7) | (12.7) | (12.7) | (25.2) | 0.1 | (4.3) | (0.2) | (12.3) | 4.7 | 2.2 | 3.1 | 1,128.8 | 790.4 | 14.8 | 1,423.4 | 77.7 | 71.6 | (0.6) | 1.4 | 7.4 | 49.0 |
| Cash Position | ||||||||||||||||||||||||||||||
| Net Change in Cash | 251.7 | 371.7 | 144.2 | 19.0 | 214.8 | 173.7 | 83.0 | (376.4) | (140.2) | (305.4) | 92.8 | (29.8) | (254.2) | (185.2) | 23.5 | (297.2) | (392.1) | (245.2) | (85.7) | (163.1) | 1,018.9 | 676.4 | 22.1 | 1,244.1 | (76.4) | 40.5 | (31.4) | (27.7) | (22.8) | 42.7 |
| Cash at Beginning | 1,135.1 | 1,232.9 | 1,564.0 | 1,545.0 | 1,330.2 | 1,156.5 | 1,073.5 | 1,205.1 | 1,623.5 | 1,587.6 | 1,494.8 | 1,524.6 | 1,778.8 | 1,964.0 | 1,940.5 | 2,237.7 | 2,629.8 | 2,875.0 | 2,960.8 | 3,123.9 | 2,105.0 | 1,140.9 | 1,376.3 | 0.2 | 76.5 | 36.0 | 67.5 | 95.1 | 117.9 | 75.2 |
| Cash at End | 1,386.8 | 1,604.6 | 1,708.2 | 1,564.0 | 1,545.0 | 1,330.2 | 1,156.5 | 828.7 | 1,483.3 | 1,282.2 | 1,587.6 | 1,494.8 | 1,524.6 | 1,778.8 | 1,964.0 | 1,940.5 | 2,237.7 | 2,629.8 | 2,875.0 | 2,960.8 | 3,123.9 | 1,817.3 | 1,398.3 | 1,244.3 | 0.2 | 76.5 | 36.0 | 67.5 | 95.1 | 117.9 |
| Free Cash Flow | (55.5) | 316.5 | 247.9 | 169.6 | (121.7) | 323.2 | 101.8 | 27.0 | (107.7) | 71.0 | 105.4 | (40.7) | (229.4) | (181.8) | 29.2 | (197.8) | (378.8) | (220.5) | (89.0) | (137.2) | (71.1) | (100.1) | 6.1 | (97.6) | (52.6) | (31.1) | (30.8) | (25.8) | (27.0) | (3.1) |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||||||||||||||||
| Revenue | 1,646.1 | 1,989.2 | 1,144.0 | 1,512.5 | 1,408.8 | 1,392.8 | 1,095.5 | 1,104.4 | 1,175.0 | 1,230.9 | 790.0 | 874.9 | 769.7 | 855.1 | 501.9 | 466.2 | 417.2 | 473.3 | 212.8 | 297.6 | 312.3 | 322.2 | 132.8 | 70.9 | 88.5 | 130.9 | 67.0 | 57.4 | 68.1 | 93.3 |
| Gross Profit | 696.7 | 914.7 | 359.9 | 657.9 | 565.0 | 558.1 | 353.1 | 441.0 | 464.9 | 514.2 | 246.5 | 364.6 | 247.9 | 369.7 | 129.2 | 153.4 | 103.8 | 220.1 | 42.1 | 110.6 | 129.1 | 162.9 | 36.3 | 23.6 | 45.1 | 91.7 | 41.7 | 39.6 | 46.5 | 71.1 |
| Operating Income | 5.8 | 151.8 | (271.9) | 150.6 | (46.3) | (139.2) | (298.6) | (32.4) | (138.8) | (43.8) | (286.6) | (69.0) | (389.8) | (232.2) | (455.0) | (308.9) | (515.6) | (368.8) | (546.5) | (321.6) | (324.8) | (268.3) | (348.4) | (160.4) | (66.1) | (31.6) | (56.2) | (28.5) | (30.2) | (1.2) |
| Net Income | 21.1 | 136.4 | (256.8) | 157.9 | (33.9) | (134.9) | (293.7) | 63.8 | (142.6) | (44.6) | (283.1) | (77.3) | (397.1) | (242.7) | (450.5) | (217.1) | (467.7) | (326.3) | (545.0) | (305.5) | (346.3) | (242.7) | (347.8) | (161.4) | (68.7) | (29.1) | (55.9) | (28.1) | (29.9) | (1.7) |
| EPS (Diluted) | 0.04 | 0.26 | -0.48 | 0.30 | -0.07 | -0.28 | -0.60 | 0.13 | -0.30 | -0.10 | -0.61 | -0.17 | -0.87 | -0.54 | -1.00 | -0.50 | -1.14 | -0.81 | -1.35 | -0.76 | -0.87 | -1.95 | -0.98 | -0.55 | -0.37 | -0.16 | -0.30 | -0.15 | – | -0.01 |
| Balance Sheet | ||||||||||||||||||||||||||||||
| Cash & Equivalents | 999.4 | 1,604.6 | 1,228.3 | 1,262.0 | 1,119.7 | 788.3 | 877.8 | 815.9 | 1,192.7 | 1,270.5 | 1,111.6 | 1,113.7 | 1,087.7 | 1,309.2 | 1,382.7 | 1,514.4 | 1,772.9 | 2,152.9 | 2,394.9 | 2,646.5 | 2,818.1 | 1,817.3 | 1,140.9 | 1,244.3 | 97.1 | 76.5 | 36.0 | 1.1 | (117.9) | 117.9 |
| Total Assets | 4,307.5 | 4,530.8 | 4,624.2 | 4,474.3 | 4,515.8 | 4,283.7 | 4,273.0 | 4,218.2 | 3,800.7 | 3,944.9 | 3,861.5 | 3,606.3 | 3,739.3 | 4,040.2 | 4,192.1 | 4,153.8 | 3,746.3 | 4,069.1 | 4,259.1 | 4,358.9 | 4,483.2 | 3,439.3 | 2,566.7 | 2,516.1 | 309.6 | 330.7 | 259.8 | 402.3 | 0 | 299.4 |
| Total Debt | 1,342.3 | 1,934.2 | 1,906.6 | 1,909.9 | 1,918.9 | 1,335.1 | 1,342.8 | 1,344.7 | 1,344.6 | 1,346.1 | 1,342.1 | 1,320.1 | 1,322.2 | 1,324.7 | 1,332.2 | 1,333.7 | 1,316.5 | 1,318.6 | 1,321.8 | 1,324.4 | 1,327.3 | 81.6 | 0 | 0 | 154.7 | 75.1 | 3.8 | 0 | 0 | 3.8 |
| Stockholders' Equity | 605.0 | 631.5 | 732.3 | 1,009.6 | 872.9 | 1,010.6 | 1,076.1 | 1,298.4 | 831.0 | 840.3 | 801.4 | 1,018.5 | 1,017.8 | 1,322.7 | 1,435.1 | 1,763.9 | 1,385.6 | 1,678.5 | 1,826.2 | 2,205.4 | 2,321.2 | 2,631.3 | 1,994.7 | 2,191.3 | (102.0) | (49.6) | (30.7) | 387.8 | 76.0 | 76.0 |
| Cash Flow | ||||||||||||||||||||||||||||||
| Operating Cash Flow | (48.4) | 320.5 | 287.5 | 173.9 | (119.0) | 325.2 | 133.6 | 29.4 | (70.4) | 72.1 | 145.4 | (17.7) | (201.5) | (148.5) | 52.2 | (172.6) | (356.7) | (172.2) | (70.9) | (116.6) | (59.7) | (96.6) | 19.1 | (96.1) | (50.8) | (15.2) | (23.8) | (23.4) | (16.4) | 6.6 |
| Capital Expenditure | (7.1) | (4.0) | (39.6) | (4.3) | (2.6) | (2.0) | (31.8) | (2.4) | (37.3) | (1.0) | (40.0) | (23.0) | (27.9) | (33.3) | (23.1) | (25.2) | (22.1) | (48.3) | (18.1) | (20.5) | (11.4) | (3.5) | (13.0) | (1.5) | (1.9) | (15.9) | (7.0) | (2.4) | (10.6) | (9.7) |
| Free Cash Flow | (55.5) | 316.5 | 247.9 | 169.6 | (121.7) | 323.2 | 101.8 | 27.0 | (107.7) | 71.0 | 105.4 | (40.7) | (229.4) | (181.8) | 29.2 | (197.8) | (378.8) | (220.5) | (89.0) | (137.2) | (71.1) | (100.1) | 6.1 | (97.6) | (52.6) | (31.1) | (30.8) | (25.8) | (27.0) | (3.1) |