DUOL - Duolingo, Inc.
Price:
--
--
|
CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$115.63
DETAILS
HIGH:
$150.00
LOW:
$80.00
MEDIAN:
$117.50
CONSENSUS:
$115.63
DOWNSIDE:
13.45%
| Metric | 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 | 2020 Q4 | 2020 Q3 | 2020 Q2 | 2020 Q1 | 2019 Q4 | 2019 Q3 | 2019 Q2 | 2019 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||
| Revenue | 298.5 | 292.0 | 282.9 | 271.7 | 252.3 | 230.7 | 209.6 | 192.6 | 178.3 | 167.6 | 151.0 | 137.6 | 126.8 | 115.7 | 103.8 | 96.1 | 88.4 | 81.2 | 73.0 | 63.6 | 58.8 | 55.4 | 48.3 | 45.3 | 40.0 | 28.1 | 23.2 | 19.4 | 15.6 | 12.5 |
| Cost of Revenue | 81.7 | 80.3 | 78.4 | 76.2 | 71.2 | 68.0 | 60.5 | 53.7 | 48.6 | 46.4 | 41.8 | 37.5 | 35.0 | 32.9 | 28.9 | 26.8 | 24.4 | 21.7 | 20.2 | 18.3 | 16.3 | 15.2 | 12.9 | 13.1 | 12.1 | 8.2 | 6.7 | 5.7 | 4.6 | 3.7 |
| Gross Profit | 216.7 | 211.7 | 204.4 | 195.5 | 181.1 | 162.7 | 149.1 | 138.9 | 129.7 | 121.1 | 109.2 | 100.1 | 91.8 | 82.8 | 74.9 | 69.3 | 64.0 | 59.5 | 52.9 | 45.3 | 42.5 | 40.2 | 35.4 | 32.2 | 28.0 | 19.9 | 16.5 | 13.8 | 11.0 | 8.7 |
| Operating Expenses | ||||||||||||||||||||||||||||||
| R&D Expenses | 92.2 | 82.1 | 78.7 | 81.9 | 72.8 | 69.6 | 65.6 | 62.2 | 54.6 | 50.4 | 49.8 | 49.9 | 47.5 | 45.4 | 44.2 | 42.0 | 34.2 | 29.8 | 30.0 | 29.3 | 21.9 | 22.5 | 15.4 | 15.9 | 12.1 | 9.6 | 9.3 | 8.6 | 7.4 | 6.3 |
| SG&A Expenses | 90.6 | 84.7 | 81.9 | 74.0 | 74.2 | 69.4 | 69.4 | 62.6 | 56.0 | 54.3 | 54.6 | 54.8 | 49.0 | 45.8 | 48.8 | 47.5 | 44.7 | 41.4 | 39.6 | 43.2 | 19.8 | 30.6 | 30.4 | 19.2 | 15.8 | 12.7 | 10.5 | 8.3 | 6.5 | 6.0 |
| Other 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 |
| Operating Expenses | 182.8 | 166.8 | 160.6 | 155.9 | 147.0 | 139.0 | 135.1 | 124.9 | 110.6 | 104.7 | 104.4 | 104.7 | 96.6 | 91.2 | 93.0 | 89.4 | 79.0 | 71.1 | 69.6 | 72.5 | 41.8 | 53.1 | 45.8 | 35.1 | 27.9 | 22.3 | 19.8 | 16.9 | 14.0 | 12.2 |
| Operating Income | ||||||||||||||||||||||||||||||
| Operating Income | 33.9 | 44.9 | 43.9 | 39.6 | 34.1 | 23.7 | 14.0 | 14.1 | 19.0 | 16.4 | 4.8 | (4.6) | (4.8) | (8.4) | (18.0) | (20.2) | (14.9) | (11.6) | (16.8) | (27.1) | 0.7 | (12.9) | (10.4) | (2.9) | 0.1 | (2.5) | (3.3) | (3.2) | (2.9) | (3.5) |
| 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 |
| Interest Income | 11.8 | 11.8 | 11.6 | 11.8 | 11.4 | 10.4 | 10.7 | 11.2 | 10.7 | 10.0 | 9.3 | 8.6 | 7.5 | 5.6 | 4.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | ||||||||||||||||||||||||||||||
| EBITDA | 38.6 | 59.7 | 58.3 | 50.0 | 49.9 | 38.6 | 26.0 | 28.3 | 31.0 | 27.9 | 17.2 | 4.6 | 4.0 | (0.9) | (11.8) | (16.9) | (13.7) | (11.4) | (16.7) | (28.2) | 0.5 | (12.3) | (9.8) | (2.3) | 0.7 | (2.1) | (3.0) | (2.9) | (2.6) | (3.1) |
| EBIT | 34.4 | 55.6 | 54.5 | 46.4 | 46.5 | 35.0 | 22.4 | 25.4 | 28.7 | 25.9 | 15.1 | 2.9 | 2.4 | (2.7) | (13.2) | (18.4) | (14.9) | (12.1) | (17.4) | (28.9) | (0.2) | (12.9) | (10.4) | (2.9) | 0.1 | (2.5) | (3.3) | (3.2) | (2.9) | (3.5) |
| Income Before Tax | 45.4 | 55.6 | 54.5 | 46.4 | 46.5 | 35.0 | 22.4 | 25.4 | 28.7 | 25.9 | 15.1 | 2.9 | 2.4 | (2.7) | (13.2) | (18.4) | (14.9) | (12.1) | (17.4) | (28.9) | (0.2) | (13.5) | (10.4) | (3.2) | 0.1 | (2.2) | (4.4) | (3.0) | (2.8) | (3.4) |
| Income Tax Expense | 12.2 | 12.1 | 12.5 | (245.7) | 1.7 | (0.1) | 8.4 | 2.0 | 4.4 | (1.1) | 3.0 | 0.1 | (1.3) | (0.1) | 0.7 | 0.1 | 0.1 | 0.0 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0 | 0 | 0 | 0 |
| Net Income | 33.2 | 43.5 | 42.0 | 292.2 | 44.8 | 35.1 | 13.9 | 23.4 | 24.4 | 27.0 | 12.1 | 2.8 | 3.7 | (2.6) | (13.9) | (18.4) | (15.0) | (12.2) | (17.5) | (29.0) | (0.2) | (13.5) | (10.4) | (3.2) | 0.0 | (2.2) | (4.4) | (3.0) | (2.8) | (3.4) |
| Per Share Data | ||||||||||||||||||||||||||||||
| EPS (Basic) | 0.71 | 0.93 | 0.90 | 6.36 | 0.98 | 0.78 | 0.31 | 0.53 | 0.56 | 0.63 | 0.28 | 0.07 | 0.09 | -0.06 | -0.35 | -0.46 | -0.38 | -0.31 | -0.46 | -0.77 | -0.00 | -0.36 | -0.29 | -0.09 | 0.00 | -0.06 | -0.12 | -0.08 | -0.08 | -0.09 |
| EPS (Diluted) | 0.66 | 0.89 | 0.84 | 5.95 | 0.91 | 0.72 | 0.28 | 0.49 | 0.51 | 0.57 | 0.25 | 0.06 | 0.08 | -0.06 | -0.35 | -0.46 | -0.38 | -0.31 | -0.46 | -0.77 | -0.00 | -0.36 | -0.29 | -0.09 | 0.00 | -0.06 | -0.12 | -0.08 | -0.08 | -0.09 |
| Shares Outstanding | 46.7 | 46.8 | 46.6 | 46.0 | 45.6 | 45.1 | 44.9 | 43.7 | 43.3 | 42.8 | 42.5 | 41.7 | 41.2 | 40.6 | 40.4 | 39.8 | 39.3 | 38.6 | 38.3 | 37.5 | 37.4 | 37.4 | 35.9 | 35.9 | 35.9 | 35.9 | 35.9 | 35.9 | 35.9 | 35.9 |
| Metric | 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 | 2020 Q4 | 2019 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||||||||
| Cash & Cash Equivalents | 1,180.9 | 1,138.6 | 1,036.4 | 1,011.5 | 976.2 | 884.0 | 785.8 | 854.4 | 888.2 | 829.7 | 747.6 | 701.7 | 678.7 | 641.1 | 608.2 | 600.0 | 591.2 | 577.3 | 553.9 | 549.4 | 114.6 | 117.5 | 120.5 | 59.8 |
| Short-Term Investments | 133.0 | 113.0 | 104.1 | 109.9 | 121.7 | 115.3 | 91.9 | 26.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 133.7 | 130.2 | 176.9 | 134.4 | 206.7 | 203.7 | 209.1 | 161.5 | 141.0 | 136.8 | 142.9 | 107.8 | 98.5 | 92.6 | 81.8 | 60.5 | 57.4 | 56.4 | 57.4 | 40.5 | 42.3 | 39.4 | 34.0 | 16.9 |
| 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 |
| Other Current Assets | 102.7 | 124.2 | 119.2 | 111.3 | 19.4 | 16.6 | 14.9 | 16.1 | 12.3 | 10.7 | 7.3 | 9.5 | 7.8 | 7.5 | 7.2 | 7.9 | 6.6 | 7.0 | 8.0 | 6.4 | 5.6 | 1.9 | 3.9 | 2.1 |
| Total Current Assets | 1,571.1 | 1,506.0 | 1,436.6 | 1,367.1 | 1,324.0 | 1,219.7 | 1,101.6 | 1,058.4 | 1,041.6 | 977.3 | 897.8 | 819.1 | 784.9 | 741.2 | 697.2 | 668.3 | 655.1 | 640.6 | 619.3 | 596.3 | 162.6 | 158.8 | 158.4 | 78.9 |
| Non-Current Assets | ||||||||||||||||||||||||
| Property, Plant & Equipment | 42.6 | 116.9 | 116.7 | 103.9 | 100.7 | 65.5 | 66.4 | 68.1 | 68.1 | 63.0 | 30.9 | 31.9 | 33.5 | 34.6 | 35.5 | 36.3 | 37.9 | 37.3 | 36.6 | 16.2 | 14.5 | 14.1 | 14.5 | 13.8 |
| Goodwill | 35.3 | 35.3 | 35.3 | 35.3 | 10.5 | 10.5 | 10.5 | 10.5 | 4.0 | 4.0 | 4.0 | 4.0 | 4.0 | 4.0 | 4.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 27.6 | 28.3 | 28.3 | 28.0 | 19.9 | 18.9 | 19.9 | 21.9 | 20.6 | 18.6 | 16.0 | 13.8 | 10.4 | 8.5 | 8.5 | 7.0 | 6.4 | 5.5 | 4.6 | 4.2 | 3.7 | 3.2 | 2.3 | 1.8 |
| Long-Term Investments | 102.7 | 140.2 | 135.1 | 98.7 | 75.4 | 83.3 | 101.0 | 58.1 | 2.7 | 2.7 | 2.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 88.6 | 13.4 | 12.8 | 12.4 | 11.4 | 4.5 | 1.6 | 1.7 | 1.6 | 2.2 | 1.7 | 1.3 | 1.2 | 1.4 | 1.5 | 1.6 | 1.2 | 1.0 | 0.9 | 1.0 | 0.9 | 0.9 | 0.6 | 0.5 |
| Total Non-Current Assets | 502.8 | 552.0 | 555.6 | 518.5 | 218.6 | 183.5 | 200.1 | 161.1 | 97.9 | 91.4 | 66.4 | 51.6 | 49.9 | 49.1 | 59.8 | 45.4 | 45.9 | 43.9 | 42.0 | 21.4 | 19.1 | 18.1 | 17.4 | 16.1 |
| Total Assets | 2,074.0 | 2,058.0 | 1,992.2 | 1,885.6 | 1,542.6 | 1,403.1 | 1,301.7 | 1,219.5 | 1,139.4 | 1,068.7 | 964.2 | 870.7 | 834.8 | 790.4 | 757.0 | 713.7 | 701.0 | 684.5 | 661.3 | 617.8 | 181.7 | 176.9 | 175.7 | 95.1 |
| Current Liabilities | ||||||||||||||||||||||||
| Account Payables | 16.2 | 7.5 | 8.0 | 3.6 | 7.7 | 2.5 | 6.4 | 3.6 | 3.4 | 2.6 | 2.4 | 2.7 | 2.3 | 1.0 | 1.2 | 3.4 | 1.5 | 2.0 | 7.8 | 8.7 | 4.3 | 3.8 | 2.2 | 3.8 |
| Short-Term Debt | 0 | 0 | 0 | 4.1 | 3.0 | 0 | 2.6 | 2.6 | 2.5 | 2.8 | 3.9 | 5.1 | 6.1 | 5.5 | 4.9 | 4.6 | 4.5 | 4.0 | 3.3 | 1.5 | 0.6 | 1.0 | 1.1 | 1.0 |
| Deferred Revenue | 505.1 | 513.3 | 496.2 | 441.7 | 431.2 | 415.0 | 372.9 | 310.6 | 291.5 | 279.3 | 249.2 | 208.9 | 192.8 | 181.9 | 157.6 | 134.9 | 128.2 | 119.1 | 98.3 | 80.5 | 71.0 | 65.3 | 54.8 | 26.3 |
| Other Current Liabilities | 0 | 0 | 0 | 35.2 | 29.5 | 0 | 33.8 | 25.2 | 20.3 | 18.7 | 16.5 | 15.5 | 13.2 | 11.5 | 12.8 | 8.8 | 10.3 | 9.7 | 7.5 | 6.8 | 8.5 | 13.5 | 6.6 | 0.2 |
| Total Current Liabilities | 577.8 | 574.1 | 551.1 | 484.5 | 471.4 | 454.5 | 422.2 | 342.1 | 317.7 | 303.7 | 277.4 | 234.9 | 217.1 | 202.8 | 181.8 | 155.6 | 147.3 | 135.8 | 119.1 | 98.6 | 85.1 | 84.1 | 65.7 | 32.1 |
| Non-Current Liabilities | ||||||||||||||||||||||||
| Long-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 |
| Deferred Tax Liabilities | 0.2 | 0.2 | 0.2 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0 | 0 | 10.3 | 0 | 0 | 0 | 9.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current 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 |
| Total Non-Current Liabilities | 86.4 | 92.1 | 94.0 | 93.6 | 94.1 | 54.8 | 54.9 | 55.0 | 54.8 | 53.9 | 31.4 | 21.0 | 21.3 | 22.4 | 33.1 | 24.2 | 25.5 | 28.0 | 29.1 | 8.4 | 7.8 | 8.0 | 8.1 | 9.2 |
| Total Liabilities | 664.2 | 666.2 | 645.2 | 578.1 | 565.5 | 509.3 | 477.2 | 397.1 | 372.5 | 357.6 | 308.7 | 255.9 | 238.4 | 225.2 | 214.9 | 179.9 | 172.8 | 163.8 | 148.3 | 107.0 | 92.9 | 92.0 | 73.8 | 41.3 |
| 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 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | 364.8 | 331.7 | 288.2 | 246.3 | (45.9) | (90.7) | (125.8) | (139.8) | (163.1) | (187.5) | (214.4) | (226.5) | (229.3) | (233.1) | (230.5) | (216.6) | (198.1) | (183.1) | (170.9) | (153.4) | (124.4) | (124.3) | (110.8) | (95.0) |
| Accumulated Other Comprehensive Income | 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 Stockholders' Equity | 1,409.7 | 1,391.8 | 1,347.0 | 1,307.5 | 977.0 | 893.8 | 824.5 | 822.5 | 766.9 | 711.1 | 655.5 | 614.8 | 596.4 | 565.2 | 542.1 | 533.8 | 528.2 | 520.7 | 513.1 | 510.7 | 88.8 | 84.8 | 101.9 | 53.7 |
| Total Liabilities & Equity | 2,074.0 | 2,058.0 | 1,992.2 | 1,885.6 | 1,542.6 | 1,403.1 | 1,301.7 | 1,219.5 | 1,139.4 | 1,068.7 | 964.2 | 870.7 | 834.8 | 790.4 | 757.0 | 713.7 | 701.0 | 684.5 | 661.3 | 617.8 | 181.7 | 176.9 | 175.7 | 95.1 |
| Debt Metrics | ||||||||||||||||||||||||
| Total Debt | 86.1 | 91.9 | 93.8 | 97.3 | 96.8 | 54.5 | 57.2 | 57.3 | 57.2 | 56.6 | 25.0 | 26.1 | 27.3 | 27.9 | 28.4 | 28.9 | 30.0 | 32.0 | 32.5 | 9.9 | 8.4 | 9.0 | 9.2 | 10.2 |
| Net Debt | (1,094.8) | (1,046.7) | (942.6) | (914.2) | (879.4) | (829.5) | (728.6) | (797.1) | (831.0) | (773.1) | (722.6) | (675.7) | (651.3) | (613.2) | (579.8) | (571.1) | (561.1) | (545.3) | (521.5) | (539.5) | (106.2) | (108.5) | (111.2) | (49.6) |
| Metric | 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 | 2020 Q4 | 2020 Q3 | 2020 Q2 | 2020 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||
| Net Income | 76.6 | 43.5 | 42.0 | 292.2 | 44.8 | 35.1 | 13.9 | 23.4 | 24.4 | 27.0 | 12.1 | 2.8 | 3.7 | (2.6) | (13.9) | (18.4) | (15.0) | (12.2) | (17.5) | (29.0) | (0.2) | (13.5) | (10.4) | (3.2) | 0.0 | (2.2) |
| Depreciation & Amortization | 8.4 | 4.2 | 3.8 | 3.6 | 3.4 | 3.6 | 3.7 | 2.9 | 2.2 | 2.1 | 2.0 | 1.7 | 1.6 | 1.8 | 1.4 | 1.5 | 1.2 | 0.8 | 0.8 | 0.7 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.4 |
| Stock-Based Compensation | 72.9 | 34.6 | 36.3 | 35.6 | 34.6 | 31.0 | 29.8 | 29.0 | 26.7 | 26.1 | 25.0 | 25.4 | 23.7 | 21.7 | 20.6 | 20.5 | 18.1 | 15.1 | 14.7 | 20.7 | 2.9 | 2.6 | 12.5 | 1.7 | 1.7 | 1.2 |
| Change in Working Capital | 59.9 | 59.3 | 11.3 | (7.1) | 8.3 | 36.4 | 36.3 | 1.1 | 9.0 | 29.5 | 10.0 | 7.3 | 8.1 | 9.5 | 3.5 | 5.2 | 8.4 | 17.4 | 2.5 | 12.1 | (4.3) | 15.4 | 1.0 | 1.7 | 6.1 | 5.4 |
| Other Non-Cash Items | (0.1) | (0.3) | (0.4) | (0.4) | (0.5) | (0.6) | (0.3) | (0.0) | 0 | (1.1) | 0.0 | 0.4 | 0 | (0.7) | 0 | 0 | 0 | (0.5) | 0 | 0 | 0 | 0 | 0 | 0 | 0.0 | 0 |
| Operating Cash Flow | 239.0 | 150.8 | 107.3 | 84.2 | 90.7 | 105.6 | 83.3 | 56.3 | 62.4 | 83.5 | 49.2 | 37.6 | 37.2 | 29.6 | 11.6 | 8.8 | 12.7 | 20.6 | 0.4 | 4.5 | (0.9) | 5.1 | 3.7 | 0.8 | 8.5 | 4.7 |
| Investing Activities | ||||||||||||||||||||||||||
| Capital Expenditure | (7.0) | (0.1) | (10.7) | (4.9) | (1.2) | (1.3) | (2.0) | (3.2) | (5.6) | (1.4) | (0.9) | (0.8) | (0.8) | (0.7) | (0.3) | (2.1) | (1.9) | (1.3) | (0.5) | (1.1) | (1.1) | (0.8) | (1.3) | (0.4) | (0.6) | (1.6) |
| Acquisitions | 0 | 0 | 0.5 | (33.6) | 0 | 0 | 0 | (6.6) | 0 | 0 | 0 | 0 | 0 | 0 | (4.0) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (75.4) | (56.2) | (63.8) | (50.8) | (21.7) | (26.6) | (111.6) | (81.7) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 79.6 | 42.4 | 33.7 | 39.6 | 23.8 | 18.7 | 3.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | (5.6) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.5) | 0 | 0 | 0 |
| Investing Cash Flow | (8.5) | (16.7) | (43.2) | (51.7) | (2.3) | (10.5) | (110.4) | (93.3) | (8.7) | (5.0) | (4.1) | (4.8) | (3.4) | (1.3) | (4.9) | (3.5) | (3.3) | (2.4) | (1.1) | (1.5) | (1.9) | (1.8) | (1.3) | (0.4) | (0.6) | (1.7) |
| 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 |
| Stock Repurchased | (69.6) | (24.3) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (8.2) | 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 | 0 | 0 |
| Other Financing Activities | (18.8) | (9.4) | (42.1) | 0 | 0 | 0 | (49.4) | 0 | 0 | 0 | 0 | (11.5) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.9 | 0.7 | 0 | 0 |
| Financing Cash Flow | (86.1) | (31.9) | (39.2) | 2.7 | 3.8 | 3.1 | (41.6) | 3.2 | 4.8 | 3.6 | 3.6 | (9.8) | 3.8 | 4.6 | 1.6 | 3.6 | 4.4 | 5.2 | 5.2 | 431.8 | (0.1) | (6.4) | 35.8 | 0.7 | 10.1 | 0.3 |
| Cash Position | ||||||||||||||||||||||||||
| Net Change in Cash | 144.5 | 102.2 | 24.8 | 35.3 | 92.2 | 98.2 | (68.6) | (33.8) | 58.5 | 82.1 | 45.9 | 23.1 | 37.6 | 32.9 | 8.2 | 8.8 | 13.8 | 23.4 | 4.5 | 434.8 | (2.8) | (3.0) | 38.2 | 1.2 | 0 | (59.8) |
| Cash at Beginning | 1,039.1 | 1,036.4 | 1,011.5 | 976.2 | 884.0 | 785.8 | 854.4 | 888.2 | 829.7 | 747.6 | 701.7 | 678.7 | 641.1 | 608.2 | 600.0 | 591.2 | 577.3 | 553.9 | 549.4 | 114.6 | 117.5 | 120.5 | 82.3 | 81.1 | 0 | 59.8 |
| Cash at End | 1,183.6 | 1,138.6 | 1,036.4 | 1,011.5 | 976.2 | 884.0 | 785.8 | 854.4 | 888.2 | 829.7 | 747.6 | 701.7 | 678.7 | 641.1 | 608.2 | 600.0 | 591.2 | 577.3 | 553.9 | 549.4 | 114.6 | 117.5 | 120.5 | 82.3 | 0 | 0 |
| Free Cash Flow | 232.0 | 150.6 | 96.6 | 79.4 | 89.5 | 104.3 | 81.4 | 53.1 | 56.8 | 82.1 | 48.3 | 36.9 | 36.3 | 28.9 | 11.3 | 6.7 | 10.8 | 19.3 | (0.1) | 3.4 | (2.0) | 4.3 | 2.3 | 0.5 | 7.9 | 3.1 |
| Key Metrics | 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 | 2020 Q4 | 2020 Q3 | 2020 Q2 | 2020 Q1 | 2019 Q4 | 2019 Q3 | 2019 Q2 | 2019 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||||||||||||||||
| Revenue | 298.5 | 292.0 | 282.9 | 271.7 | 252.3 | 230.7 | 209.6 | 192.6 | 178.3 | 167.6 | 151.0 | 137.6 | 126.8 | 115.7 | 103.8 | 96.1 | 88.4 | 81.2 | 73.0 | 63.6 | 58.8 | 55.4 | 48.3 | 45.3 | 40.0 | 28.1 | 23.2 | 19.4 | 15.6 | 12.5 |
| Gross Profit | 216.7 | 211.7 | 204.4 | 195.5 | 181.1 | 162.7 | 149.1 | 138.9 | 129.7 | 121.1 | 109.2 | 100.1 | 91.8 | 82.8 | 74.9 | 69.3 | 64.0 | 59.5 | 52.9 | 45.3 | 42.5 | 40.2 | 35.4 | 32.2 | 28.0 | 19.9 | 16.5 | 13.8 | 11.0 | 8.7 |
| Operating Income | 33.9 | 44.9 | 43.9 | 39.6 | 34.1 | 23.7 | 14.0 | 14.1 | 19.0 | 16.4 | 4.8 | (4.6) | (4.8) | (8.4) | (18.0) | (20.2) | (14.9) | (11.6) | (16.8) | (27.1) | 0.7 | (12.9) | (10.4) | (2.9) | 0.1 | (2.5) | (3.3) | (3.2) | (2.9) | (3.5) |
| Net Income | 33.2 | 43.5 | 42.0 | 292.2 | 44.8 | 35.1 | 13.9 | 23.4 | 24.4 | 27.0 | 12.1 | 2.8 | 3.7 | (2.6) | (13.9) | (18.4) | (15.0) | (12.2) | (17.5) | (29.0) | (0.2) | (13.5) | (10.4) | (3.2) | 0.0 | (2.2) | (4.4) | (3.0) | (2.8) | (3.4) |
| EPS (Diluted) | 0.66 | 0.89 | 0.84 | 5.95 | 0.91 | 0.72 | 0.28 | 0.49 | 0.51 | 0.57 | 0.25 | 0.06 | 0.08 | -0.06 | -0.35 | -0.46 | -0.38 | -0.31 | -0.46 | -0.77 | -0.00 | -0.36 | -0.29 | -0.09 | 0.00 | -0.06 | -0.12 | -0.08 | -0.08 | -0.09 |
| Balance Sheet | ||||||||||||||||||||||||||||||
| Cash & Equivalents | 1,180.9 | 1,138.6 | 1,036.4 | 1,011.5 | 976.2 | 884.0 | 785.8 | 854.4 | 888.2 | 829.7 | 747.6 | 701.7 | 678.7 | 641.1 | 608.2 | 600.0 | 591.2 | 577.3 | 553.9 | 549.4 | 114.6 | 117.5 | 120.5 | 59.8 | ||||||
| Total Assets | 2,074.0 | 2,058.0 | 1,992.2 | 1,885.6 | 1,542.6 | 1,403.1 | 1,301.7 | 1,219.5 | 1,139.4 | 1,068.7 | 964.2 | 870.7 | 834.8 | 790.4 | 757.0 | 713.7 | 701.0 | 684.5 | 661.3 | 617.8 | 181.7 | 176.9 | 175.7 | 95.1 | ||||||
| Total Debt | 86.1 | 91.9 | 93.8 | 97.3 | 96.8 | 54.5 | 57.2 | 57.3 | 57.2 | 56.6 | 25.0 | 26.1 | 27.3 | 27.9 | 28.4 | 28.9 | 30.0 | 32.0 | 32.5 | 9.9 | 8.4 | 9.0 | 9.2 | 10.2 | ||||||
| Stockholders' Equity | 1,409.7 | 1,391.8 | 1,347.0 | 1,307.5 | 977.0 | 893.8 | 824.5 | 822.5 | 766.9 | 711.1 | 655.5 | 614.8 | 596.4 | 565.2 | 542.1 | 533.8 | 528.2 | 520.7 | 513.1 | 510.7 | 88.8 | 84.8 | 101.9 | 53.7 | ||||||
| Cash Flow | ||||||||||||||||||||||||||||||
| Operating Cash Flow | 239.0 | 150.8 | 107.3 | 84.2 | 90.7 | 105.6 | 83.3 | 56.3 | 62.4 | 83.5 | 49.2 | 37.6 | 37.2 | 29.6 | 11.6 | 8.8 | 12.7 | 20.6 | 0.4 | 4.5 | (0.9) | 5.1 | 3.7 | 0.8 | 8.5 | 4.7 | ||||
| Capital Expenditure | (7.0) | (0.1) | (10.7) | (4.9) | (1.2) | (1.3) | (2.0) | (3.2) | (5.6) | (1.4) | (0.9) | (0.8) | (0.8) | (0.7) | (0.3) | (2.1) | (1.9) | (1.3) | (0.5) | (1.1) | (1.1) | (0.8) | (1.3) | (0.4) | (0.6) | (1.6) | ||||
| Free Cash Flow | 232.0 | 150.6 | 96.6 | 79.4 | 89.5 | 104.3 | 81.4 | 53.1 | 56.8 | 82.1 | 48.3 | 36.9 | 36.3 | 28.9 | 11.3 | 6.7 | 10.8 | 19.3 | (0.1) | 3.4 | (2.0) | 4.3 | 2.3 | 0.5 | 7.9 | 3.1 | ||||