Evolent Health, Inc. logo EVH - Evolent Health, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 23
HOLD 6
SELL 0
STRONG
SELL
0
| PRICE TARGET: $6.30 DETAILS
HIGH: $10.00
LOW: $3.50
MEDIAN: $6.00
CONSENSUS: $6.30
UPSIDE: 59.49%
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
Revenue
Revenue 496.2 468.7 479.5 444.3 483.6 646.5 621.4 647.1 639.7 556.1 511.0 469.1 427.7 382.4 352.6 319.9 297.1 248.4 222.5 222.1 215.1 271.9 239.6 217.3 221.2 236.5 220.1 192.0 197.8 193.1 149.9 144.3 139.7 113.7 107.9 107.1 106.2 88.0 60.2 56.5 49.4 46.1 40.4 10.4 37.0 0 0 0 20.1 (1.9)
Cost of Revenue 434.3 416.5 403.7 367.4 381.2 570.8 540.7 540.3 535.5 454.4 386.6 351.9 310.5 299.4 266.6 249.7 219.7 164.5 163.1 172.1 157.8 176.7 181.8 164.4 175.6 155.5 131.8 108.4 117.4 112.8 74.0 69.0 72.0 65.5 68.3 68.0 67.5 59.9 33.9 32.8 28.6 24.7 24.8 7.9 26.5 0 0 0 14.8 1.1
Gross Profit 61.9 52.2 75.9 76.9 102.5 75.7 80.7 106.8 104.1 101.6 124.4 117.2 117.2 83.1 86.0 70.2 77.3 83.9 59.3 49.9 57.2 95.2 57.8 52.9 45.6 81.1 88.4 83.6 80.3 80.3 76.0 75.3 67.7 48.2 39.6 39.1 38.7 28.1 26.3 23.7 20.9 21.3 15.6 2.5 10.6 0 0 0 5.3 (3.0)
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 6.6 6.6 0 0 0 0 0 0 6.5 0 0 0 0 0 0 0 0 4.9 4.5 4.1 30.6 0 2.9 2.5 19.3 1.2 0.9 0.7 11.6 0.4 0.3 0.2 5.8 0 0 0 0 0 0 0 2
SG&A Expenses 72.1 61.9 75.2 74.1 78.4 47 67.1 69.2 79.1 81.4 96.6 90.4 89.7 82.9 68.5 59.0 58.9 66.9 51.3 42.7 58.6 86.4 52.4 47.3 52.1 83.6 93.6 103.0 112.6 81.7 76.6 75.8 72.3 55.2 45.8 51.1 53.5 57.6 38.4 32.8 32.1 32.4 29.8 13.1 28.5 0.6 0 0 16.2 1.5
Other Expenses 0 0 0 0 25.7 47.3 29.9 29.9 38.4 34.9 39.2 48.4 37.8 2.1 4.5 15.9 21.2 22.9 14.6 14.9 14.6 8.7 21.9 231.5 18.6 212.1 (0.1) (0.6) 0.4 0.2 (0.1) 0.1 (0.0) 0.1 0.0 0.0 0.0 0.0 0.0 0.0 3.4 3.1 3.1 1.0 0.0 (10.7) (3.2) (5.9) (0.0) 0
Operating Expenses 72.1 61.9 75.2 74.1 104.1 94.3 97.0 99.1 117.5 123.0 142.4 138.8 127.6 84.9 73.0 74.9 80.1 96.1 65.9 57.6 73.2 95.1 74.3 278.8 70.7 295.6 109.0 118.3 126.9 96.3 86.9 85.9 81.8 66.3 53.6 58.0 60.2 64.1 42.1 36.4 35.5 35.5 32.9 14.1 29.9 (10.7) (3.2) (5.9) 16.9 43.5
Operating Income
Operating Income (10.1) (9.6) 0.7 2.8 (1.6) (18.6) (16.3) 7.8 (13.4) (21.4) (17.9) (21.6) (10.4) (1.9) 13.0 (4.6) (2.8) (12.2) (6.6) (7.7) (15.9) 0.1 (16.4) (225.8) (25.1) (214.6) (20.1) (25.2) (46.6) (13.4) (11.0) (9.0) (14.1) (18.2) (14.0) (19.1) (21.5) (33.9) (15.8) (12.6) (175.2) (14.2) (17.2) (11.5) (19.3) (10.7) (3.2) (5.9) (11.6) 0.7
Interest Expense 16.9 19.0 16.5 11.6 10.4 6.7 6.0 6.0 6.0 12.2 14.6 14.5 12.9 6.4 4.8 2.1 2.2 6.4 6.4 6.3 6.3 8.3 7.4 6.3 6.3 3.7 3.6 3.6 3.6 2.9 0.9 0.9 0.9 0.9 0.9 0.9 1.0 0.7 0 0 0 0.3 0 0 0 0 0 0 0 0
Interest Income 1.0 0.9 1.0 1.1 1.3 0.8 0.8 1.4 2.5 2.5 1.1 0.6 1.1 0.6 0.4 0.2 0.1 0.1 0.1 0.1 0.1 0.1 1.2 0.7 0.8 1.0 1.1 0.8 1.1 0.5 1.0 0.9 1.1 0.8 0.4 0.2 0.2 0.0 0.3 0.3 0.3 0 0.1 0.0 0 0 0 0 0.0 0.0
Profitability
EBITDA 12.3 35.4 27.5 27.3 (28.7) 13.3 12.0 36.3 18.8 (6.2) 18.5 11.3 (46.0) 16.0 (21.4) 13.0 13.2 24.1 8.4 12.2 11.1 9.0 (14.4) (183.8) (55.8) (201.2) (7.5) (11.6) (31.3) 0.0 (1.2) 0.7 (3.7) (6.4) (6.2) (12.5) (15.2) (27.8) (12.3) (9.0) (171.4) (11.1) (14.2) (10.6) 0 0 (3.2) 0 (11.0) 1.0
EBIT (10.1) (9.6) 0.7 2.8 (52.8) (17.2) (17.7) 6.5 (10.7) (35.8) (16.3) (20.8) (75.3) (3.8) (38.6) (2.2) (1.9) 9.0 (6.4) (2.7) (4.2) (5.9) (29.1) (199.6) (71.9) (217.2) (23.0) (26.9) (45.6) (14.6) (11.6) (9.3) (13.2) (17.6) (14.0) (19.5) (21.8) (34.2) (16.0) (12.4) (174.8) (14.2) (17.2) (11.5) 0 0 0 0.7 (11.6) 0.7
Income Before Tax (25.7) (430.8) (20.0) (20.7) (63.1) (23.9) (23.8) 1.4 (16.7) (48.1) (30.9) (35.3) (88.2) (10.2) (43.4) (4.3) (4.1) 2.6 (12.8) (9.0) (10.6) (14.2) (36.5) (205.9) (78.2) (220.9) (26.6) (30.5) (49.1) (17.5) (12.4) (10.1) (14.1) (18.4) (14.8) (20.4) (22.7) (34.3) (16.0) (12.4) (174.9) (14.0) (17.2) 385.8 (19.3) (10.7) (3.2) (5.9) (11.6) 42.7
Income Tax Expense 0.9 (1.7) 0.9 (0.8) 1.5 (1.1) (0.6) (0.2) 0.6 (14.7) (5.5) (1.0) (68.2) 1.1 (45.5) (0.2) 1.2 (0.5) 0.2 0.1 0.6 (0.4) 0.5 (3.9) 0.3 (21.6) (0.8) 1.4 (0.5) 0.0 0.1 (0.1) 0.0 (4.6) (1.7) (0.7) 0.4 (9.1) (0.3) (0.4) (1.0) (5.7) (0.1) 29.3 (0.0) (11.3) 0 (5.9) (0.0) 0
Net Income (26.6) (429.1) (20.9) (19.9) (64.6) (22.8) (23.1) 1.6 (17.3) (33.4) (25.3) (34.3) (20.0) (11.3) 2.1 (4.6) (5.3) (5.6) (13.0) (9.1) (9.8) (14.6) (37.3) (203.5) (78.8) (198.1) (25.5) (31.6) (46.7) (16.7) (12.4) (9.9) (13.6) (13.2) (12.6) (16.9) (18.0) (17.4) (11.2) (8.4) (122.8) (4.1) (12.0) 359.0 (19.3) (10.7) (3.2) (5.9) (11.6) 25.1
Per Share Data
EPS (Basic) -0.24 -3.76 -0.24 -0.44 -0.63 -0.27 -0.27 -0.06 -0.22 -0.36 -0.30 -0.31 -0.19 -0.11 0.02 -0.05 -0.06 -0.06 -0.15 -0.11 -0.12 -0.17 -0.44 -2.38 -0.92 -2.36 -0.30 -0.38 -0.59 -0.21 -0.16 -0.13 -0.18 -0.18 -0.18 -0.28 -0.34 -0.33 -0.26 -0.20 -2.91 -0.10 -0.29 25.69 -0.51 -0.28 -0.08 -0.16 -0.30 0.66
EPS (Diluted) -0.24 -3.76 -0.24 -0.44 -0.63 -0.27 -0.27 -0.06 -0.22 -0.36 -0.30 -0.31 -0.19 -0.11 0.02 -0.05 -0.06 -0.06 -0.15 -0.11 -0.12 -0.17 -0.44 -2.38 -0.92 -2.36 -0.30 -0.38 -0.59 -0.21 -0.16 -0.13 -0.18 -0.18 -0.18 -0.28 -0.34 -0.33 -0.26 -0.20 -2.91 -0.10 -0.29 9.73 -0.51 -0.28 -0.08 -0.16 -0.30 0.66
Shares Outstanding 111.9 114.2 114.1 115.9 115.3 115.0 114.9 114.7 114.1 113.6 112.3 111.3 107.8 99.8 95.3 90.1 89.5 88.3 85.8 85.4 84.7 84.3 85.2 85.3 84.8 83.9 83.8 82.3 79.3 78.7 77.7 76.3 75.4 74.7 69.9 59.5 52.6 52.0 43.1 41.9 42.2 41.5 41.3 36.6 38.2 38.2 38.2 38.2 38.2 38.2
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 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 166.0 151.9 116.7 151.0 246.5 104.2 96.6 101.2 165.1 192.8 184.5 142.5 157.5 188.2 156.8 193.1 210.2 266.3 252.5 207.3 236.0 333.4 370.5 98.3 67.9 101.0 96.7 92.8 170.8 228.3 221.8 198.0 200.3 238.4 287.1 100.0 104.3 134.6 109.8 105.1 111.3
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 4.7 0.8 1.4 1.8 3.8 0 0 0 0 0 0 0 0 24.0 33.7 44.3 49.7 27.6 20.1
Net Receivables 314.2 323.4 386.6 358.8 430.5 414.7 407.9 373.7 427.7 446.7 394.2 345.3 262.8 254.7 187.6 118.5 179.3 130.6 175.2 242.5 185.1 124.4 96.0 98.2 109.3 77.4 76.2 72.6 66.9 82.3 63.8 73.9 70.2 68.9 44.0 45.8 44.6 40.6 22.0 30.3 25.2
Inventory 0 0 0 0 0 0 0 0 0 0 23.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (120.2) (9.0) 78.5 45.7 57.1 36.8 (3.3) (44.0) 0 0 (40.6) (22.0) (30.3) (25.2)
Other Current Assets 21.8 31.1 44.7 52.5 50.9 88.2 39.5 46.0 76.4 44.1 0 88.9 55.7 35.2 25.1 74.4 39.6 75.7 16.5 17.7 53.5 89.9 22.0 46.9 54.4 20.1 101.5 38.6 50.9 154.7 48.3 65.7 49.4 62.4 5.1 10.3 23.3 34.4 5.0 2.2 6.7
Total Current Assets 502.0 506.4 570.1 562.3 727.9 607.1 544.0 521.0 669.2 683.7 638.8 576.7 476.0 478.1 393.8 423.1 463.4 524.0 478.2 505.6 508.3 547.6 548.5 274.7 258.5 228.8 308.0 240.9 321.2 488.0 348.6 353.3 337.3 378.2 352.3 192.6 217.5 265.0 191.4 170.6 167.6
Non-Current Assets
Property, Plant & Equipment 85.0 85.2 (53.6) 82.6 80.2 79.3 83.2 85.2 86.8 90.2 97.3 111.0 133.0 136.9 145.3 143.5 131.4 131.6 131.7 134.9 138.1 144.0 148.3 154.7 148.8 157.3 158.9 156.9 141.2 73.6 68.7 64.6 60.4 50.9 46.9 40.2 35.5 31.2 21.1 18.5 15.5
Goodwill 694.4 694.5 1,075.4 1,137.3 1,137.3 1,137.3 1,137.3 1,116.5 1,116.5 1,116.5 1,117.5 1,117.6 1,117.9 722.8 722.8 426.2 426.3 426.3 349.0 349.0 349.0 349.0 354.7 354.7 569.8 572.1 771.9 772.2 770.3 768.1 635.1 635.3 635.2 628.2 628.3 628.7 627.2 626.6 459.7 459.7 459.7
Intangible Assets 569.7 584.9 762.3 651.2 667.9 680.2 696.8 711.3 731.3 752.0 777.7 801.9 825.9 442.8 451.4 264.8 272.2 279.8 245.1 252.0 259.4 265.0 275.5 282.9 291.6 308.5 317.2 326.6 336.2 335.0 230.8 236.8 242.9 241.3 249.5 254.5 254.2 258.9 162.8 165.4 171.7
Long-Term Investments 11.7 9.0 8.9 9.0 8.6 8.6 8.4 8.4 8.2 4.9 4.9 4.3 4.1 4.5 5.2 3.8 3.7 5.5 5.0 9.8 4.9 17.7 19.3 116.3 92.9 139.4 70.6 72.3 13.8 10.0 5.7 4.2 5.5 1.5 0.7 1.1 1.6 2.2 2.5 24.2 33.9
Other Non-Current Assets 16.0 19.3 90.4 19.2 31.6 31.9 32.0 32.7 31.5 33.0 20.0 35.4 32.6 32.3 40.7 42.4 42.2 52.4 44.6 42.1 45.8 48.3 45.4 86.9 89.1 92.0 8.4 6.5 7.0 6.1 3.4 3.4 3.4 3.3 11.9 11.9 8.7 6 1.6 1.6 1.6
Total Non-Current Assets 1,376.8 1,392.9 1,883.4 1,899.3 1,925.5 1,937.3 1,957.8 1,954.1 1,974.4 1,996.6 2,030.8 2,070.1 2,113.5 1,339.2 1,365.4 880.8 875.8 895.5 775.3 787.8 797.3 926.8 843.2 995.5 1,192.3 1,269.2 1,405.9 1,411.4 1,120.4 1,113.2 865.9 872.1 878.1 869.4 877.8 945.7 936.9 885.5 622.5 649.4 665.3
Total Assets 1,878.8 1,899.2 2,453.5 2,461.5 2,653.5 2,544.4 2,501.8 2,475.1 2,643.7 2,680.3 2,669.6 2,646.8 2,589.5 1,817.3 1,759.2 1,303.9 1,339.1 1,419.5 1,253.5 1,293.4 1,305.6 1,474.4 1,391.8 1,270.1 1,450.8 1,498.0 1,713.9 1,652.3 1,629.4 1,722.3 1,322.7 1,321.6 1,306.3 1,312.7 1,299.0 1,138.4 1,154.4 1,199.8 851.3 852.8 860.1
Current Liabilities
Account Payables 63.0 59.8 72.2 69.5 57.8 96.0 50.1 39.0 77.3 48.2 51.8 77.0 51.0 57.2 61.9 96.6 64.0 96.1 37.8 39.9 78.6 32.0 32.2 73.7 80.0 37.5 120.0 28.8 39.0 146.8 30.5 34.3 22.4 42.9 27.3 26.3 39.6 43.9 14.5 12.4 17.0
Short-Term Debt 8.8 0 5.1 172.1 171.8 171.5 0 0 0 0 1.0 0 0 0 0 0 0 0 26.7 26.7 26.6 33.9 0 0 0 0 5.4 4.6 3.4 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Revenue 1.4 1.2 0 2.3 5.0 2.5 2.6 4.6 6.1 6.0 5.8 7.0 7.1 5.8 7.5 8.7 13.3 11.9 13.8 13.2 13.4 10.2 12.5 13.2 17.0 19.8 22.7 26.9 22.3 20.6 22.4 29.8 33.3 24.8 26.1 27.8 25.5 20.5 17.7 18.8 18.3
Other Current Liabilities 277.0 308.9 218.4 225.5 369.8 352.4 344.3 348.9 397.7 460.4 493.7 284.1 224.7 252.2 173.3 155.3 183.6 223.2 226.4 264.0 227.4 280.1 236.4 115.4 105.2 95.8 79.3 81.0 42.5 76.6 57.5 48.9 44.7 29.6 21.1 25.9 22.3 29.2 21.3 17.0 9.6
Total Current Liabilities 381.2 385.3 429.9 557.5 739.1 715.5 523.7 483.4 659.0 674.2 615.3 540.9 457.6 433.4 382.0 342.8 382.5 445.5 367.2 403.3 414.5 403.3 365.5 245.1 236.3 192.8 259.9 172.9 39.0 146.8 139.4 136.2 116.9 132.7 105.5 101.8 104.4 131.9 65.3 56.7 52.5
Non-Current Liabilities
Long-Term Debt 973.5 970.5 1,054.8 648.5 647.5 490.5 599.7 598.8 597.9 597.0 599.9 633.0 632.3 413.0 412.4 283.1 282.6 215.7 211.1 206.6 202.1 263.3 285.2 299.7 296.7 293.7 228.0 225.6 223.3 221.0 122.1 121.9 121.6 121.4 121.2 120.9 120.7 120.3 0 0 0
Deferred Tax Liabilities 7.6 7.5 0 118.6 119.2 119.0 120.0 120.7 13.4 121.2 26.9 146.0 148.4 50.7 46.5 1.6 1.5 1.4 1.0 1.0 1.1 103.4 1.4 1.3 2.1 1.9 24.6 25.8 24.6 25.4 1.7 1.5 1.5 2.4 6.6 11.2 18.5 20.8 18.1 20.0 20.3
Other Non-Current Liabilities 117 116.8 122.0 232.6 196.5 193.2 190.4 187.6 293.0 182.1 291.7 177.1 4.5 4.7 4.3 4.6 5.0 5.5 9.5 9.8 10.3 18.7 20.2 10.1 7.7 11.7 6.6 10.4 10.5 17.1 10.9 10.7 11.4 9.9 10.0 10.0 14.1 14.7 8.0 8.0 7.9
Total Non-Current Liabilities 1,101.2 1,098.8 1,181.3 1,008.0 978.8 827.7 939.4 937.9 936.7 938.4 958.2 1,012.7 839.4 524.4 521.0 348.0 345.5 280.3 278.8 275.9 273.8 451.5 371.5 378.1 367.4 376.2 329.7 332.6 440.2 386.2 122.1 121.9 121.6 121.4 121.2 142.1 153.3 120.3 26.1 27.9 28.3
Total Liabilities 1,482.5 1,484.0 1,611.2 1,565.5 1,717.9 1,543.2 1,463.1 1,421.2 1,595.7 1,612.6 1,573.5 1,553.6 1,297.1 957.9 903.0 690.8 727.9 725.8 646.0 679.2 688.3 854.8 737.0 623.3 603.7 569.0 589.6 505.5 479.2 532.9 274.1 270.2 251.4 266.4 243.3 243.9 257.7 287.7 91.4 84.7 84.4
Stockholders' Equity
Common Stock 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.1 1.1 1.1 1.0 1.0 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.7 0.7 0.7 0.6 0.6 0.6
Retained Earnings (1,342.0) (1,315.3) (886.2) (865.3) (845.4) (780.8) (758.0) (734.9) (736.5) (719.2) (685.8) (660.5) (626.1) (606.2) (594.8) (596.9) (592.3) (626.8) (621.1) (608.1) (599.0) (589.2) (574.6) (537.2) (333.7) (252.0) (53.9) (28.3) 3.3 50.0 66.7 79.1 89.0 86.0 99.1 111.7 128.6 146.6 164.0 175.2 183.9
Accumulated Other Comprehensive Income (3.6) (2.6) (2.4) (1.7) (1.7) (1.8) (1.4) (1.4) (1.3) (1.3) (1.3) (1.1) (1.1) (1.2) (1.0) (0.8) (0.5) (0.4) (0.4) (0.4) (0.3) (0.3) (0.3) (0.4) (0.4) (0.2) (0.2) (0.1) (0.2) (0.2) (0.3) (0.1) 0 (14.5) (11.3) (8.9) (7.0) (5.2) (3.6) (2.7) (1.9)
Total Stockholders' Equity 396.4 415.2 842.2 896.0 935.5 1,001.3 1,038.7 1,053.9 1,047.9 1,067.7 1,096.1 1,093.2 1,292.4 859.4 856.1 613.1 611.2 693.6 607.5 614.2 617.3 619.6 629.8 646.9 847.1 922.4 1,108.5 1,130.7 1,100.0 1,143.8 1,038.6 1,041.2 1,043.1 1,010.9 1,019.8 859.8 750.5 702.5 562.2 537.7 541.5
Total Liabilities & Equity 1,878.8 1,899.2 2,453.5 2,461.5 2,653.5 2,544.4 2,501.8 2,475.1 2,643.7 2,680.3 2,669.6 2,646.8 2,589.5 1,817.3 1,759.2 1,303.9 1,339.1 1,419.5 1,253.5 1,293.4 1,305.6 1,474.4 1,391.8 1,270.1 1,450.8 1,498.0 1,713.9 1,652.3 1,629.4 1,722.3 1,322.7 1,321.6 1,306.3 1,312.7 1,299.0 1,138.4 1,154.4 1,199.8 851.3 852.8 860.1
Debt Metrics
Total Debt 985.4 989.7 1,082.3 853.2 870.1 713.7 635.2 635.7 643.1 644.8 653.6 695.8 691.2 476.1 477.3 348.1 345.4 280.5 301.8 299.1 296.6 359.8 357.4 374.2 363.4 368.8 303.9 301.1 223.3 221.0 122.1 121.9 121.6 121.4 121.2 120.9 120.7 120.3 0 0 0
Net Debt 819.4 837.8 965.7 702.2 623.5 609.5 538.6 534.5 477.9 452.0 469.0 553.3 533.6 287.9 320.6 155.0 135.2 14.2 49.3 91.8 60.5 26.4 (13.1) 275.9 295.5 267.8 207.2 208.3 52.5 (7.3) (99.8) (76.1) (78.7) (117.0) (166.0) 21.0 16.4 (14.3) (109.8) (105.1) (111.3)
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 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1
Operating Activities
Net Income (26.6) (429.1) (20.9) (51.1) (64.6) (22.8) (23.1) 1.6 (17.3) (33.4) (25.3) (34.3) (20.0) (11.3) 2.1 (4.6) (5.3) 3.1 (13.0) (9.1) (9.8) (11.5) (36.2) (202.0) (78.5) (199.3) (25.7) (31.9) (48.6) (17.5) (12.6) (10.0) (14.1) (13.8) (13.1) (19.7) (23.1) (25.2) (15.3) (12.4) (173.9)
Depreciation & Amortization 22.5 (45.0) 23.6 23.1 26.4 30.5 29.7 31.0 29.5 29.6 34.7 35.5 29.3 28.1 18.8 15.1 15.1 15.1 14.9 20.2 15.3 14.7 14.5 20.3 21.6 15.9 15.4 15.3 14.3 14.6 10.4 10.0 9.5 11.1 7.7 6.9 6.6 6.5 3.7 3.6 3.4
Stock-Based Compensation 0 (2.4) 14.7 0 11.1 0 14.4 0 0 0 0 0 10.7 0 0 7.0 5.3 0 4.4 0 3.7 0 0 0 0 0.6 5.8 4.8 4.5 5.0 4.0 4.7 3.8 4.3 5.7 5.4 5.1 8.7 4.8 4.7 4.3
Change in Working Capital (11.5) 36.5 (11.4) (59.4) (23.0) (45.3) (6.9) (26.0) (38.3) 63.9 34.5 (24.4) (41.3) 17.8 (25.6) 0.6 (96.5) 43.4 31.2 (35.3) (53.0) (28.2) (32.2) 25.2 (20.2) 16.4 (16.9) 0.7 0.1 (29.5) 17.9 1.5 (24.7) 8.0 11.9 (2.5) (24.7) (7.5) 14.8 2.8 (14.4)
Other Non-Cash Items 14.1 487.2 9.1 57.9 54.4 12.4 5.6 16.0 30.8 44.4 23.8 26.1 15.9 0.4 48.1 (5.1) 24.1 5.3 7.1 0.2 (4.3) 12.4 33.2 195.2 56.5 202.5 5.9 (3.7) 4.5 2.4 2.4 0.6 0.8 4.9 0.9 0.7 1.0 5.2 0.6 (2.2) 163.1
Operating Cash Flow (1.0) 48.8 15.8 (30.3) 4.6 (26.2) 18.7 21.4 4.9 89.4 60.5 0.7 (8.0) 35.7 (3.5) 13.7 (57.4) 66.7 44.5 (24.2) (48.2) (12.9) (20.5) 37.7 (20.5) 13.2 (16.6) (13.5) (25.7) (25.0) 22.3 6.7 (24.7) 9.9 10.7 (9.9) (34.8) (21.5) 7.9 (3.5) (18.4)
Investing Activities
Capital Expenditure (6.4) (7.8) (9.0) (8.8) (8.6) (6.2) (6.3) (7.1) (5.3) (6.1) (6.8) (6.8) (9.1) (10.7) (9.9) (9.2) (8.5) (7.2) (6.2) (5.6) (5.9) (5.9) (6.2) (10.1) (7.4) (9.2) (8.6) (8.3) (9.5) (10.4) (8.9) (10.7) (9.6) (6.5) (8.9) (6.5) (6.0) (4.4) (3.9) (3.9) (3.4)
Acquisitions 0 0 0.0 (51.5) 0 (13.8) (11) (4.6) (1.4) 0 0 (1.5) 0.8 (3.1) (236.0) 1.8 2.4 (47.1) (0.4) 0 9.4 (0.3) 0 0 0 (70.4) (2.8) (16.6) (6.3) (121.2) (2.7) 0 (15.7) (1.1) (0.5) (3.2) 0 (68.6) (2.5) (3) (11.5)
Purchases of Investments 0 0 0 (1) 0 (0.0) (2.4) (1.9) (3) 0 0 0 0 0 0 0 0 (0.0) 0 0 (3.0) (0.0) (9.7) (0.1) (1.3) (2.2) (1.8) (3.3) (3.8) (2.1) 0 0 0 (3.8) 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 0.2 0.8 0 0 0 0.0 0 0 0.1 0.0 0 1.4 0 0 0 0 4.8 0 0.5 2.5 137.8 2.5 0.6 2.6 0 0 0 0.3 0 (0.0) 8.0 (0.0) 24 9.6 10.6 5.3 2.0 2.1 0
Other Investing Activities 0 89.9 0 0 (4.5) 0 0 0 0 0 0.6 0 (386.7) 8 (9.2) (9) 22.9 0 0 0 45.0 1.4 159.8 0.1 (0.4) 0 1.6 (37.2) (5.9) (2.0) 6 4.0 12.5 (21.6) (5.4) 3.2 10.6 (7.3) (1.0) 4.5 (1.2)
Investing Cash Flow (6.4) 82.2 (8.8) (60.5) (13.1) (19.9) (19.7) (13.5) (9.7) (6.1) (6.1) (8.4) (395.0) (4.5) (255.0) (16.4) 16.8 (54.4) (1.8) (5.6) 46.0 (2.2) 281.7 (7.6) (10.8) (79.2) (11.6) (65.3) (25.5) (135.4) (5.6) (6.7) (12.7) (33.1) 9.3 3.1 4.6 (75.0) (4.4) (2.4) (16.1)
Financing Activities
Net Debt Issuance 0 (95.4) 2.0 0 158.5 59.1 0 0 (0.5) (25.3) (10) (0.3) 218.8 0 219.7 0 0 (0.4) 0 0 (98.4) (0.2) 13.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Stock Repurchased 0 0 (40.0) (0.0) (4.6) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.0) (0.2) (2.2) (0.1) (0.1) (0.3) (0.8) (0.1) (0.0) (0.5) (0.7) 0 (0.0) (0.3) 0
Dividends Paid 0 0 (1.9) (4.6) (4.6) (4.8) (5.1) (5.1) (5.1) (5.2) (5.1) (4.9) (3.7) 0 0 (13.8) (1.1) 0 0 (1.3) 0 (20) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (4.0) 2.4 (1.9) (4.3) (41.5) 42.6 (6.2) (98.4) 19.4 (57.3) (26.8) 25.4 (3.5) (12.0) (49.6) 34.5 (50.3) 59.6 (1.5) (37.1) 42.8 (4.3) (29.0) (7.1) 32.5 (11.2) 96.8 (11.4) (109.7) 282.0 (4.3) 17.9 (21.6) (4.3) (0.0) (0.5) (0.1) 121.3 1.1 (0.2) 0.0
Financing Cash Flow (4.0) (93.0) (41.8) (8.9) 107.9 96.9 (9.0) (103.4) 14.9 (84.4) (37.4) 23.3 379.7 (10.9) 173.1 20.7 (51.4) 60.9 0.6 (35.5) (55.6) (23.9) (13.9) (6.7) 32.6 (11.2) 96.8 (11.4) (109.7) 282.0 (4.3) 17.9 (21.6) (4.0) 167.2 2.5 (0.1) 121.3 1.1 (0.2) 0.0
Cash Position
Net Change in Cash (12.0) 37.7 (35.0) (87.4) 99.3 50.6 (8.4) (95.4) 10.1 (1.2) 17.7 10.6 (23.2) 20.9 (85.6) 17.6 (92.2) 73.0 44.0 (64.5) (57.8) (59.0) 247.3 23.4 1.3 (77.2) 68.6 (90.3) (160.9) 121.5 12.5 18.0 (59.0) 8.2 187.2 (4.3) (30.3) 24.8 4.6 (6.2) (34.4)
Cash at Beginning 178.0 140.3 175.4 262.8 178.5 112.9 121.3 216.7 206.6 207.7 190.0 179.5 215.2 181.8 267.4 262.8 354.9 269.0 225.0 289.5 361.6 392.4 145.1 121.6 120.4 205.8 137.2 227.5 388.3 266.8 254.3 236.4 295.4 287.1 100.0 104.3 134.6 109.8 105.1 111.3 145.7
Cash at End 166.0 178.0 140.3 175.4 277.8 163.5 112.9 121.3 216.7 206.6 207.7 190.0 192.0 202.7 181.8 280.4 262.8 342.0 269.0 225.0 303.8 333.4 392.4 145.1 121.6 128.5 205.8 137.2 227.5 388.3 266.8 254.3 236.4 295.4 287.1 100.0 104.3 134.6 109.8 105.1 111.3
Free Cash Flow (7.4) 41.0 6.8 (39.1) (4.0) (32.4) 12.4 14.3 (0.4) 83.3 53.7 (6.2) (17.0) 25.0 (13.3) 4.4 (66.0) 59.4 38.3 (29.8) (54.1) (18.7) (26.7) 27.6 (27.9) 4.0 (25.2) (21.8) (35.2) (35.4) 13.4 (4.0) (34.3) 3.4 1.8 (16.4) (40.7) (25.9) 4.1 (7.4) (21.8)
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
Income Statement
Revenue 496.2 468.7 479.5 444.3 483.6 646.5 621.4 647.1 639.7 556.1 511.0 469.1 427.7 382.4 352.6 319.9 297.1 248.4 222.5 222.1 215.1 271.9 239.6 217.3 221.2 236.5 220.1 192.0 197.8 193.1 149.9 144.3 139.7 113.7 107.9 107.1 106.2 88.0 60.2 56.5 49.4 46.1 40.4 10.4 37.0 0 0 0 20.1 (1.9)
Gross Profit 61.9 52.2 75.9 76.9 102.5 75.7 80.7 106.8 104.1 101.6 124.4 117.2 117.2 83.1 86.0 70.2 77.3 83.9 59.3 49.9 57.2 95.2 57.8 52.9 45.6 81.1 88.4 83.6 80.3 80.3 76.0 75.3 67.7 48.2 39.6 39.1 38.7 28.1 26.3 23.7 20.9 21.3 15.6 2.5 10.6 0 0 0 5.3 (3.0)
Operating Income (10.1) (9.6) 0.7 2.8 (1.6) (18.6) (16.3) 7.8 (13.4) (21.4) (17.9) (21.6) (10.4) (1.9) 13.0 (4.6) (2.8) (12.2) (6.6) (7.7) (15.9) 0.1 (16.4) (225.8) (25.1) (214.6) (20.1) (25.2) (46.6) (13.4) (11.0) (9.0) (14.1) (18.2) (14.0) (19.1) (21.5) (33.9) (15.8) (12.6) (175.2) (14.2) (17.2) (11.5) (19.3) (10.7) (3.2) (5.9) (11.6) 0.7
Net Income (26.6) (429.1) (20.9) (19.9) (64.6) (22.8) (23.1) 1.6 (17.3) (33.4) (25.3) (34.3) (20.0) (11.3) 2.1 (4.6) (5.3) (5.6) (13.0) (9.1) (9.8) (14.6) (37.3) (203.5) (78.8) (198.1) (25.5) (31.6) (46.7) (16.7) (12.4) (9.9) (13.6) (13.2) (12.6) (16.9) (18.0) (17.4) (11.2) (8.4) (122.8) (4.1) (12.0) 359.0 (19.3) (10.7) (3.2) (5.9) (11.6) 25.1
EPS (Diluted) -0.24 -3.76 -0.24 -0.44 -0.63 -0.27 -0.27 -0.06 -0.22 -0.36 -0.30 -0.31 -0.19 -0.11 0.02 -0.05 -0.06 -0.06 -0.15 -0.11 -0.12 -0.17 -0.44 -2.38 -0.92 -2.36 -0.30 -0.38 -0.59 -0.21 -0.16 -0.13 -0.18 -0.18 -0.18 -0.28 -0.34 -0.33 -0.26 -0.20 -2.91 -0.10 -0.29 9.73 -0.51 -0.28 -0.08 -0.16 -0.30 0.66
Balance Sheet
Cash & Equivalents 166.0 151.9 116.7 151.0 246.5 104.2 96.6 101.2 165.1 192.8 184.5 142.5 157.5 188.2 156.8 193.1 210.2 266.3 252.5 207.3 236.0 333.4 370.5 98.3 67.9 101.0 96.7 92.8 170.8 228.3 221.8 198.0 200.3 238.4 287.1 100.0 104.3 134.6 109.8 105.1 111.3
Total Assets 1,878.8 1,899.2 2,453.5 2,461.5 2,653.5 2,544.4 2,501.8 2,475.1 2,643.7 2,680.3 2,669.6 2,646.8 2,589.5 1,817.3 1,759.2 1,303.9 1,339.1 1,419.5 1,253.5 1,293.4 1,305.6 1,474.4 1,391.8 1,270.1 1,450.8 1,498.0 1,713.9 1,652.3 1,629.4 1,722.3 1,322.7 1,321.6 1,306.3 1,312.7 1,299.0 1,138.4 1,154.4 1,199.8 851.3 852.8 860.1
Total Debt 985.4 989.7 1,082.3 853.2 870.1 713.7 635.2 635.7 643.1 644.8 653.6 695.8 691.2 476.1 477.3 348.1 345.4 280.5 301.8 299.1 296.6 359.8 357.4 374.2 363.4 368.8 303.9 301.1 223.3 221.0 122.1 121.9 121.6 121.4 121.2 120.9 120.7 120.3 0 0 0
Stockholders' Equity 396.4 415.2 842.2 896.0 935.5 1,001.3 1,038.7 1,053.9 1,047.9 1,067.7 1,096.1 1,093.2 1,292.4 859.4 856.1 613.1 611.2 693.6 607.5 614.2 617.3 619.6 629.8 646.9 847.1 922.4 1,108.5 1,130.7 1,100.0 1,143.8 1,038.6 1,041.2 1,043.1 1,010.9 1,019.8 859.8 750.5 702.5 562.2 537.7 541.5
Cash Flow
Operating Cash Flow (1.0) 48.8 15.8 (30.3) 4.6 (26.2) 18.7 21.4 4.9 89.4 60.5 0.7 (8.0) 35.7 (3.5) 13.7 (57.4) 66.7 44.5 (24.2) (48.2) (12.9) (20.5) 37.7 (20.5) 13.2 (16.6) (13.5) (25.7) (25.0) 22.3 6.7 (24.7) 9.9 10.7 (9.9) (34.8) (21.5) 7.9 (3.5) (18.4)
Capital Expenditure (6.4) (7.8) (9.0) (8.8) (8.6) (6.2) (6.3) (7.1) (5.3) (6.1) (6.8) (6.8) (9.1) (10.7) (9.9) (9.2) (8.5) (7.2) (6.2) (5.6) (5.9) (5.9) (6.2) (10.1) (7.4) (9.2) (8.6) (8.3) (9.5) (10.4) (8.9) (10.7) (9.6) (6.5) (8.9) (6.5) (6.0) (4.4) (3.9) (3.9) (3.4)
Free Cash Flow (7.4) 41.0 6.8 (39.1) (4.0) (32.4) 12.4 14.3 (0.4) 83.3 53.7 (6.2) (17.0) 25.0 (13.3) 4.4 (66.0) 59.4 38.3 (29.8) (54.1) (18.7) (26.7) 27.6 (27.9) 4.0 (25.2) (21.8) (35.2) (35.4) 13.4 (4.0) (34.3) 3.4 1.8 (16.4) (40.7) (25.9) 4.1 (7.4) (21.8)