FROG - JFrog Ltd.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$110.25
DETAILS
HIGH:
$120.00
LOW:
$100.00
MEDIAN:
$112.00
CONSENSUS:
$110.25
UPSIDE:
17.78%
| 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 | 2018 Q4 | 2018 Q3 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||
| Revenue | 163.8 | 154.0 | 145.3 | 136.9 | 127.2 | 122.4 | 116.1 | 109.1 | 103.0 | 100.3 | 97.3 | 88.6 | 84.2 | 79.8 | 76.5 | 72.0 | 67.8 | 63.7 | 59.2 | 53.7 | 48.7 | 45.1 | 42.7 | 38.9 | 36.4 | 32.8 | 30.8 | 27.8 | 24.9 | 21.2 | 19.1 | 16.7 |
| Cost of Revenue | 36.2 | 33.6 | 32.2 | 30.9 | 30.2 | 30.2 | 28.5 | 27.3 | 21.9 | 20.6 | 20.4 | 19.8 | 18.4 | 18.4 | 17.3 | 15.9 | 15.2 | 13.9 | 12.9 | 11.5 | 9.1 | 8.4 | 8.1 | 7.3 | 6.7 | 6.4 | 6.1 | 5.3 | 4.7 | 3.9 | 3.1 | 2.8 |
| Gross Profit | 127.6 | 120.4 | 113.1 | 106.0 | 97.0 | 92.2 | 87.6 | 81.8 | 81.2 | 79.7 | 76.8 | 68.9 | 65.7 | 61.4 | 59.3 | 56.1 | 52.6 | 49.8 | 46.4 | 42.2 | 39.6 | 36.7 | 34.6 | 31.6 | 29.7 | 26.4 | 24.6 | 22.5 | 20.2 | 17.3 | 15.9 | 13.9 |
| Operating Expenses | ||||||||||||||||||||||||||||||||
| R&D Expenses | 54.0 | 51.8 | 53.2 | 51.2 | 47.4 | 43.3 | 44.9 | 43.0 | 37.1 | 35.8 | 32.8 | 33.4 | 33.5 | 34.9 | 33.5 | 31.7 | 28.9 | 27.1 | 25.9 | 23.1 | 16.7 | 13.8 | 11.7 | 10.4 | 9.8 | 9.3 | 8.0 | 8.7 | 7.3 | 5.8 | 4.9 | 11.3 |
| SG&A Expenses | 86.8 | 81.5 | 76.6 | 76.4 | 73.9 | 71.9 | 68.1 | 68.7 | 62.1 | 60.1 | 59.4 | 53.6 | 51.1 | 49.2 | 50.6 | 47.8 | 46.0 | 41.9 | 43.0 | 40.0 | 37.1 | 33.4 | 31.0 | 26.6 | 18.6 | 19.2 | 17.1 | 17.1 | 14.4 | 13.3 | 13.3 | 22.1 |
| Other Expenses | 0 | 0 | 2.8 | 0 | 1.2 | 0 | 0 | 0 | 1.1 | 0.4 | 0 | 0 | 0 | 0.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 140.9 | 133.3 | 132.5 | 127.6 | 122.5 | 115.2 | 113.0 | 111.7 | 100.3 | 96.3 | 92.2 | 86.9 | 84.6 | 84.6 | 84.1 | 79.5 | 75.0 | 69.0 | 69.0 | 63.2 | 53.8 | 47.3 | 42.6 | 37.0 | 28.4 | 28.5 | 25.1 | 25.8 | 21.6 | 19.1 | 18.2 | 33.4 |
| Operating Income | ||||||||||||||||||||||||||||||||
| Operating Income | (13.2) | (12.9) | (19.4) | (21.6) | (25.5) | (23.0) | (25.4) | (29.9) | (19.1) | (16.6) | (15.4) | (18.1) | (18.9) | (23.2) | (24.9) | (23.4) | (22.4) | (19.1) | (22.6) | (20.9) | (14.2) | (10.6) | (8.0) | (5.4) | 1.3 | (2.1) | (0.4) | (3.3) | (1.4) | (1.8) | (2.3) | (19.5) |
| 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 | 0 | 0 |
| Interest Income | 0 | 7.2 | 6.9 | 6.6 | 6.3 | 6.3 | 5.6 | 5.7 | 6.9 | 7.1 | 6.4 | 5.7 | 4.9 | 4.0 | 2.9 | 1.4 | 0.5 | 0.3 | 0.0 | 0.0 | 0.3 | 0.4 | 0.5 | 0.4 | 0.6 | 0.6 | 0.7 | 0.6 | 0.9 | 0.9 | 0.7 | 0.2 |
| Profitability | ||||||||||||||||||||||||||||||||
| EBITDA | (0.0) | (0.2) | (8.9) | (9.3) | (13.1) | (10.3) | (13.0) | (17.2) | (14.6) | (12.8) | (5.2) | (8.5) | (10.2) | (19.2) | (18.1) | (18.4) | (18.3) | (15.3) | (19.0) | (17.8) | (12.8) | (9.6) | (7.1) | (4.5) | 2.2 | (1.2) | 0.3 | (2.6) | (1.0) | (1.3) | (2.3) | (19.5) |
| EBIT | (5.6) | (5.8) | (14.5) | (14.9) | (19.7) | (17.0) | (19.8) | (24.2) | (18.4) | (16.6) | (9.0) | (12.3) | (14.0) | (23.1) | (21.9) | (22.1) | (21.9) | (18.9) | (22.6) | (20.9) | (13.9) | (10.6) | (8.0) | (5.4) | 1.3 | (2.1) | (0.4) | (3.3) | (1.4) | (1.8) | (2.3) | (19.5) |
| Income Before Tax | (5.6) | (5.8) | (14.5) | (14.9) | (19.7) | (17.0) | (19.8) | (24.2) | (12.2) | (9.5) | (9.0) | (12.3) | (14.0) | (19.2) | (21.9) | (22.1) | (21.9) | (18.9) | (22.6) | (20.9) | (13.9) | (10.3) | (7.5) | (5.0) | 1.9 | (1.5) | 0.3 | (2.7) | (0.5) | (0.8) | (1.6) | (19.3) |
| Income Tax Expense | (1.4) | 2.5 | 0.8 | 1.5 | 2.0 | 1.5 | 3.4 | (1.3) | 2.1 | (0.8) | 2.3 | 1.4 | 1.5 | 1.6 | 1.2 | 1.5 | 1.9 | 0.8 | 0.1 | (0.4) | (0.7) | (2.4) | (3.8) | 0.2 | 0.2 | 0.6 | 0.5 | 0.4 | 0.4 | 0.3 | 0.2 | 0.1 |
| Net Income | (4.2) | (8.3) | (15.2) | (16.4) | (21.7) | (18.5) | (23.2) | (22.9) | (14.3) | (8.8) | (11.2) | (13.7) | (15.5) | (20.8) | (23.2) | (23.6) | (23.8) | (19.7) | (22.7) | (20.5) | (13.1) | (7.9) | (3.7) | (5.3) | 1.7 | (2.1) | (0.2) | (3.1) | (0.9) | (1.1) | (1.8) | (19.3) |
| Per Share Data | ||||||||||||||||||||||||||||||||
| EPS (Basic) | -0.03 | -0.07 | -0.13 | -0.14 | -0.19 | -0.16 | -0.21 | -0.21 | -0.13 | -0.08 | -0.11 | -0.13 | -0.15 | -0.21 | -0.23 | -0.24 | -0.24 | -0.20 | -0.24 | -0.21 | -0.14 | -0.09 | -0.04 | -0.06 | – | -0.03 | -0.00 | -0.04 | -0.01 | -0.01 | -0.02 | -0.24 |
| EPS (Diluted) | -0.03 | -0.07 | -0.13 | -0.14 | -0.19 | -0.16 | -0.21 | -0.21 | -0.13 | -0.08 | -0.11 | -0.13 | -0.15 | -0.21 | -0.23 | -0.24 | -0.24 | -0.20 | -0.23 | -0.21 | -0.14 | -0.09 | -0.04 | -0.06 | – | -0.03 | -0.00 | -0.04 | -0.01 | -0.01 | -0.02 | -0.24 |
| Shares Outstanding | 121.8 | 120.2 | 118.8 | 117.3 | 115.2 | 113.4 | 112.0 | 108.9 | 108.9 | 107.0 | 105.3 | 104.1 | 102.5 | 101.3 | 100.5 | 99.6 | 99.0 | 97.9 | 96.4 | 95.7 | 93.7 | 92.7 | 91.5 | 90.1 | 88.7 | 80.3 | 80.3 | 80.3 | 80.3 | 80.3 | 80.3 | 80.3 |
| 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 Q1 | 2018 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 96.7 | 61.7 | 76.6 | 79.1 | 51.3 | 45.1 | 50.6 | 63.0 | 218.3 | 71.4 | 84.8 | 61.0 | 46.7 | 40.4 | 45.6 | 54.0 | 55.2 | 59.6 | 68.3 | 85.4 | 259.2 | 146.7 | 164.5 | 324.3 | 26.5 | 0 | 39.2 | 0 | 178.2 |
| Short-Term Investments | 727.8 | 680.3 | 628.6 | 572.7 | 560.4 | 519.2 | 472.1 | 405.5 | 373.0 | 508.2 | 460.2 | 441.2 | 423.1 | 406.8 | 397.6 | 380.0 | 375.0 | 368.1 | 352.8 | 317.8 | 356.0 | 459.0 | 433.6 | 253.7 | 144.2 | 333.0 | 127.3 | 355.8 | 0 |
| Net Receivables | 136.0 | 113.7 | 119.9 | 104.4 | 83.0 | 84.3 | 90.7 | 92.9 | 82.0 | 66.6 | 76.4 | 60.9 | 62.5 | 63.2 | 62.1 | 49.0 | 53.0 | 49.4 | 50.5 | 43.8 | 36.1 | 51.4 | 37.0 | 25.5 | 27.2 | 0 | 24.7 | 0 | 19.8 |
| 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 |
| Other Current Assets | 26.3 | 26.1 | 26.4 | 19.6 | 42.5 | 34.3 | 36.5 | 32.7 | 29.8 | 29.4 | 24.4 | 24.1 | 26.0 | 29.5 | 8.2 | 7.4 | 6.6 | 5.9 | 5.3 | 4.5 | 4.0 | 3.7 | 3.7 | 3.2 | 2.7 | 0 | 2.4 | 0 | 1.3 |
| Total Current Assets | 1,017.7 | 881.8 | 850.8 | 800.2 | 737.2 | 682.1 | 649.2 | 593.4 | 703.2 | 675.6 | 645.8 | 587.2 | 558.3 | 539.9 | 532.0 | 509.0 | 510.2 | 507.4 | 499.0 | 469.8 | 668.5 | 675.2 | 652.6 | 617.7 | 208.4 | 166.5 | 198.9 | 177.9 | 202.3 |
| Non-Current Assets | |||||||||||||||||||||||||||||
| Property, Plant & Equipment | 22.3 | 22.7 | 17.6 | 16.8 | 19.4 | 18.1 | 19.9 | 22.3 | 24.9 | 26.8 | 29.1 | 31.8 | 34.4 | 32.9 | 32.6 | 31.8 | 33.2 | 31.6 | 32.7 | 33.8 | 25.5 | 26.2 | 5.0 | 4.5 | 3.9 | 0 | 3.5 | 0 | 3.1 |
| Goodwill | 371.5 | 371.5 | 371.5 | 371.5 | 371.5 | 371.5 | 371.5 | 371.4 | 248.0 | 248.0 | 248.0 | 248.0 | 248.0 | 248.0 | 248.0 | 248.0 | 248.0 | 248.0 | 247.8 | 247.8 | 17.3 | 17.3 | 17.3 | 17.3 | 17.3 | 0 | 17.3 | 0 | 1.6 |
| Intangible Assets | 30.6 | 35.2 | 39.9 | 44.6 | 49.3 | 55.0 | 60.8 | 66.7 | 20.0 | 22.9 | 25.8 | 28.7 | 31.6 | 34.6 | 37.5 | 40.5 | 42.3 | 45.1 | 48.0 | 50.8 | 3.3 | 3.7 | 4.0 | 4.4 | 4.8 | 0 | 5.6 | 0 | 3.1 |
| Long-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 | 0 |
| Other Non-Current Assets | 47.2 | 62.0 | 61.6 | 32.4 | 30.7 | 29.4 | 28.5 | 27.1 | 25.1 | 23.8 | 23.9 | 24.0 | 22.8 | 23.4 | 21.1 | 23.3 | 24.0 | 24.3 | 25.1 | 27.5 | 14.2 | 12.6 | 10.3 | 10.0 | 13.5 | (166.5) | 12.7 | (177.9) | 6.9 |
| Total Non-Current Assets | 471.7 | 491.4 | 490.6 | 465.4 | 471.0 | 474.1 | 480.7 | 487.5 | 318.0 | 321.5 | 326.8 | 332.4 | 336.8 | 338.9 | 339.2 | 343.6 | 347.5 | 349.0 | 353.5 | 359.9 | 60.3 | 59.9 | 36.7 | 36.3 | 39.5 | (166.5) | 39.1 | (177.9) | 14.9 |
| Total Assets | 1,489.3 | 1,373.2 | 1,341.4 | 1,265.5 | 1,208.2 | 1,156.2 | 1,129.9 | 1,080.9 | 1,021.1 | 997.1 | 972.6 | 919.6 | 895.1 | 878.7 | 871.2 | 852.6 | 857.7 | 856.4 | 852.5 | 829.7 | 728.8 | 735.0 | 689.2 | 654.0 | 247.9 | 0 | 238.0 | 0 | 217.1 |
| Current Liabilities | |||||||||||||||||||||||||||||
| Account Payables | 8.1 | 16.6 | 14.2 | 17.2 | 11.3 | 10.2 | 10.6 | 16.3 | 16.2 | 14.2 | 17.0 | 14.7 | 13.1 | 14.1 | 14.9 | 13.1 | 13.3 | 12.1 | 10.9 | 9.7 | 9.7 | 9.0 | 9.9 | 8.8 | 5.8 | 0 | 5.0 | 0 | 3.2 |
| Short-Term Debt | 0 | 5.2 | 5.8 | 7.1 | 7.5 | 7.4 | 7.8 | 8.2 | 8.1 | 8.1 | 8.3 | 8.2 | 8.3 | 7.5 | 7.1 | 6.9 | 7.0 | 7.2 | 7.3 | 6.9 | 4.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 351.5 | 311.1 | 309.6 | 281.0 | 260.1 | 250.1 | 247.2 | 224.0 | 205.5 | 198.2 | 201.1 | 179.4 | 171.0 | 162.9 | 158.7 | 143.2 | 138.7 | 134.6 | 129.1 | 110.9 | 102.8 | 102.4 | 91.8 | 78.3 | 74.7 | 0 | 72.7 | 0 | 51.9 |
| Other Current Liabilities | 0 | 23.4 | 27.3 | 25.8 | 29.2 | 22.6 | 19.0 | 14.5 | 13.7 | 16.9 | 10.6 | 10.0 | 11.0 | 9.7 | 8.0 | 10.4 | 16.1 | 11.2 | 10.4 | 5.2 | 3.9 | 10.7 | 12.2 | 4.5 | 3.8 | 0 | 3.0 | 0 | 2.2 |
| Total Current Liabilities | 476.6 | 400.2 | 407.5 | 367.6 | 346.7 | 319.2 | 317.5 | 292.2 | 269.8 | 260.2 | 262.2 | 234.4 | 224.1 | 213.7 | 209.6 | 192.2 | 193.7 | 182.8 | 175.3 | 147.2 | 134.6 | 140.0 | 122.7 | 99.1 | 91.3 | 0 | 86.0 | 0 | 61.6 |
| Non-Current Liabilities | |||||||||||||||||||||||||||||
| Long-Term Debt | 0 | 0 | 6.7 | 4.1 | 6.4 | 4.8 | 6.2 | 7.7 | 9.7 | 11.7 | 14.0 | 15.9 | 18.2 | 17.4 | 16.8 | 16.0 | 18.0 | 17.9 | 20.0 | 21.1 | 14.7 | 15.9 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 7.6 | 7.5 | 0.7 | 2.6 | 0.5 | 2.0 | (0.6) | (3.2) | (5.2) | (7.3) | (9.6) | (12.2) | (14.8) | (14.1) | (13.8) | (13.0) | (15.9) | (16.5) | (19.3) | (20.0) | (13.6) | (14.8) | 1.5 | 0.5 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Liabilities | 52.0 | 49.0 | 46.4 | 38.5 | 35.0 | 37.0 | 38.9 | 32.5 | 29.9 | 29.1 | 31.3 | 32.1 | 35.2 | 36.1 | 36.9 | 35.5 | 38.5 | 37.1 | 38.7 | 38.3 | 32.3 | 35.6 | 12.6 | 8.5 | 8.2 | 0 | 9.6 | 0 | 18.3 |
| Total Liabilities | 528.6 | 449.2 | 453.9 | 406.1 | 381.7 | 356.2 | 356.4 | 324.7 | 299.7 | 289.3 | 293.4 | 266.5 | 259.2 | 249.8 | 246.4 | 227.7 | 232.3 | 219.9 | 213.9 | 185.4 | 166.9 | 175.6 | 135.3 | 107.6 | 99.5 | 0 | 271.5 | 0 | 255.8 |
| Stockholders' Equity | |||||||||||||||||||||||||||||
| Common Stock | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.2 | 0 | 0.1 | 0 | 0.1 |
| Retained Earnings | (443.9) | (439.8) | (431.5) | (416.3) | (399.8) | (378.2) | (359.7) | (336.5) | (313.5) | (299.2) | (290.4) | (279.2) | (265.5) | (250.0) | (229.2) | (206.0) | (182.5) | (158.7) | (139.0) | (116.3) | (95.8) | (82.7) | (74.8) | (71.1) | (65.8) | 0 | (65.4) | 0 | (60.0) |
| Accumulated Other Comprehensive Income | 1.3 | 2.2 | 5.8 | 5.6 | 5.7 | (1.2) | 0.7 | 0.5 | (1.7) | (0.1) | 1.0 | (3.4) | (3.5) | (2.4) | (2.8) | (4.2) | (4.3) | (0.9) | 0.6 | (0.1) | 0.0 | (0.3) | 0.4 | 0.3 | 0.8 | (33.4) | 0.0 | (38.7) | 0 |
| Total Stockholders' Equity | 960.7 | 924.0 | 887.4 | 859.4 | 826.5 | 800.0 | 773.5 | 756.2 | 721.4 | 707.8 | 679.1 | 653.1 | 635.9 | 628.9 | 624.8 | 624.9 | 625.4 | 636.5 | 638.6 | 644.2 | 561.9 | 559.4 | 553.9 | 546.4 | 148.4 | 142.4 | (33.4) | 137.2 | (38.7) |
| Total Liabilities & Equity | 1,489.3 | 1,373.2 | 1,341.4 | 1,265.5 | 1,208.2 | 1,156.2 | 1,129.9 | 1,080.9 | 1,021.1 | 997.1 | 972.6 | 919.6 | 895.1 | 878.7 | 871.2 | 852.6 | 857.7 | 856.4 | 852.5 | 829.7 | 728.8 | 735.0 | 689.2 | 654.0 | 247.9 | 142.4 | 238.0 | 137.2 | 217.1 |
| Debt Metrics | |||||||||||||||||||||||||||||
| Total Debt | 14.6 | 16.4 | 19.1 | 15.2 | 20.2 | 17.0 | 20.2 | 23.5 | 27.4 | 31.5 | 36.2 | 40.0 | 44.8 | 42.2 | 40.8 | 38.9 | 43.1 | 43.1 | 47.3 | 49.2 | 34.2 | 36.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Debt | (82.1) | (45.2) | (57.4) | (63.9) | (31.1) | (28.1) | (30.5) | (39.5) | (190.9) | (39.9) | (48.6) | (21.0) | (2.0) | 1.8 | (4.8) | (15.1) | (12.1) | (16.5) | (21.0) | (36.2) | (225.0) | (110.0) | (164.5) | (324.3) | (26.5) | 0 | (39.2) | 0 | (178.2) |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||||||
| Net Income | (4.2) | (8.3) | (15.2) | (16.4) | (21.7) | (18.5) | (23.2) | (22.9) | (14.3) | (8.8) | (11.2) | (13.7) | (15.5) | (20.8) | (23.2) | (23.6) | (23.8) | (19.7) | (22.7) | (20.5) | (13.1) | (7.9) | (3.7) | (5.3) | 1.7 | (2.1) | (0.2) | (3.1) | (0.9) | (1.0) |
| Depreciation & Amortization | 5.5 | 5.6 | 5.6 | 5.7 | 6.6 | 6.7 | 6.9 | 7.0 | 3.8 | 3.8 | 3.8 | 3.8 | 3.8 | 3.8 | 3.9 | 3.7 | 3.6 | 3.5 | 3.6 | 3.1 | 1.1 | 1.0 | 1.0 | 0.9 | 0.9 | 0.9 | 0.8 | 0.8 | 0.5 | 0.5 |
| Stock-Based Compensation | 39.6 | 39.6 | 40.9 | 40.9 | 38.0 | 36.8 | 38.8 | 36.4 | 28.7 | 27.3 | 28.3 | 25.7 | 21.3 | 19.9 | 20.3 | 19.2 | 15.1 | 14.1 | 14.2 | 16.9 | 14.1 | 11.8 | 9.5 | 0 | 2.8 | 2.0 | 1.8 | 4.9 | 1.6 | 1.3 |
| Change in Working Capital | 14.3 | 0.4 | 18.0 | (0.6) | 12.8 | 3.3 | 25.8 | 6.5 | (2.0) | (5.2) | 11.0 | 10.1 | 6.7 | (4.4) | 5.2 | 1.4 | 6.5 | 3.7 | 19.7 | (20.4) | 14.2 | 1.3 | 5.2 | 4.9 | 1.6 | (2.2) | (4.5) | 2.5 | (2.5) | (2.5) |
| Other Non-Cash Items | 1.8 | 1.1 | 1.4 | 0.6 | 0.4 | 0.5 | 0.9 | 0.7 | 0.5 | 0.3 | 2.2 | 2.1 | 0.3 | 0.4 | 1.1 | 4.4 | 2.6 | 3.4 | 2.9 | 3.2 | 2.9 | 2.6 | 0.9 | 10.2 | 0.2 | 0.3 | 6.7 | (0.1) | 1.6 | 2.0 |
| Operating Cash Flow | 57.1 | 38.4 | 50.7 | 30.2 | 36.1 | 28.8 | 49.1 | 27.6 | 16.7 | 17.5 | 32.6 | 26.0 | 16.7 | (1.1) | 7.3 | 5.1 | 4.0 | 5.0 | 17.7 | (17.7) | 19.2 | 8.8 | 12.8 | 10.8 | 7.1 | (1.2) | 4.6 | 5.0 | 0.2 | 0.2 |
| Investing Activities | ||||||||||||||||||||||||||||||
| Capital Expenditure | (3.3) | (1.1) | (0.8) | (1.3) | (0.6) | (0.6) | (0.6) | (0.9) | (0.7) | (0.8) | (0.6) | (0.6) | (0.5) | (0.3) | (0.9) | (1.6) | (1.0) | (1.1) | (1.0) | (0.9) | (1.1) | (1.1) | (0.9) | (1.1) | (0.4) | (1.1) | (0.4) | (0.3) | (0.5) | (0.5) |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (156.7) | 0 | 0 | 15.0 | 15.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (195.8) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (10.4) | (10.4) |
| Purchases of Investments | (172.1) | (165.6) | (182.7) | (159.1) | (135.2) | (149.0) | (134.0) | (123.6) | (91.2) | (164.7) | (89.1) | (98.7) | (81.4) | (123.2) | (105.5) | (124.4) | (89.1) | (92.2) | (95.6) | (19.5) | (62.6) | (88.6) | (215.0) | (149.7) | (45.3) | (40.8) | 0 | (20.6) | 0 | 0 |
| Sales/Maturities of Investments | 125.3 | 113.6 | 128.0 | 149.0 | 96.3 | 103.8 | 69.0 | 93.3 | 227.2 | 118.6 | 74.1 | 83.7 | 68.8 | 114.3 | 88.9 | 117.9 | 81.2 | 74.6 | 59.4 | 56.0 | 164.1 | 61.8 | 34.0 | 39.3 | 35.0 | 34.0 | 0 | 19.8 | 0 | 0 |
| Other Investing Activities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (15.0) | (15.1) | 0 | 0 | 0 | (0.3) | 0 | (0.2) | 0 | 0 | (0.6) | 0 | 0 | 0 | 0 | 0 | (45.9) | (0.8) | (40.1) | (40.1) |
| Investing Cash Flow | (50.1) | (53.1) | (55.5) | (11.4) | (39.5) | (45.8) | (65.7) | (188.0) | 135.2 | (46.9) | (15.6) | (15.7) | (13.0) | (9.2) | (17.5) | (8.1) | (8.8) | (18.9) | (37.3) | (160.1) | 99.8 | (27.9) | (181.8) | (111.5) | (10.6) | (7.9) | (46.3) | (1.1) | (51.1) | (51.1) |
| 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 |
| Stock Repurchased | (2.0) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.5 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 26.8 | (0.7) | 11.9 | (0.6) | 6.5 | 1.5 | 2.9 | (0.4) | (5.5) | 5.3 | 2.1 | (1.1) | 0.5 | 0.3 | 0.1 | 4.1 | (0.6) | 0.1 | 2.1 | 4.0 | (7.7) | (1.0) | 10.9 | 395.2 | (1.1) | (0.5) | (0.4) | 0.5 | 0.3 | 0.3 |
| Financing Cash Flow | 29.0 | (0.1) | 2.0 | 8.1 | 9.6 | 11.5 | 4.4 | 4.9 | (4.7) | 16.6 | 6.6 | 4.1 | 2.7 | 5.0 | 1.3 | 4.1 | 0.5 | 5.2 | 2.5 | 4.0 | (6.4) | 1.3 | 9.2 | 398.5 | (1.1) | (0.5) | (0.4) | 0.5 | 0.3 | 0.3 |
| Cash Position | ||||||||||||||||||||||||||||||
| Net Change in Cash | 35.7 | (14.9) | (2.6) | 27.1 | 6.9 | (5.5) | (12.4) | (155.3) | 146.9 | (13.4) | 23.8 | 14.3 | 6.3 | (5.2) | (8.4) | (1.2) | (4.4) | (8.7) | (17.1) | (173.8) | 112.5 | (17.8) | (159.8) | 297.8 | (4.6) | (9.6) | (42.0) | 4.4 | (50.6) | (50.6) |
| Cash at Beginning | 61.7 | 76.6 | 79.1 | 52.0 | 45.1 | 50.6 | 63.0 | 218.3 | 71.4 | 84.8 | 61.0 | 46.7 | 40.4 | 45.6 | 54.0 | 55.4 | 59.6 | 68.3 | 85.4 | 259.5 | 146.7 | 164.5 | 324.6 | 26.5 | 31.3 | 40.9 | 83.0 | 78.6 | 0 | 0 |
| Cash at End | 97.4 | 61.7 | 76.6 | 79.1 | 52.0 | 45.1 | 50.6 | 63.0 | 218.3 | 71.4 | 84.8 | 61.0 | 46.7 | 40.4 | 45.6 | 54.2 | 55.2 | 59.6 | 68.3 | 85.6 | 259.2 | 146.7 | 164.7 | 324.3 | 26.8 | 31.3 | 40.9 | 83.0 | (50.6) | (50.6) |
| Free Cash Flow | 53.7 | 37.3 | 49.9 | 28.8 | 35.5 | 28.1 | 48.5 | 26.7 | 16.0 | 16.6 | 32.0 | 25.4 | 16.2 | (1.4) | 6.4 | 3.5 | 3.0 | 3.9 | 16.6 | (18.7) | 18.0 | 7.7 | 11.9 | 9.7 | 6.8 | (2.4) | 4.2 | 4.7 | (0.3) | (0.3) |
| 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 | 2018 Q4 | 2018 Q3 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||||||||||||||||||
| Revenue | 163.8 | 154.0 | 145.3 | 136.9 | 127.2 | 122.4 | 116.1 | 109.1 | 103.0 | 100.3 | 97.3 | 88.6 | 84.2 | 79.8 | 76.5 | 72.0 | 67.8 | 63.7 | 59.2 | 53.7 | 48.7 | 45.1 | 42.7 | 38.9 | 36.4 | 32.8 | 30.8 | 27.8 | 24.9 | 21.2 | 19.1 | 16.7 |
| Gross Profit | 127.6 | 120.4 | 113.1 | 106.0 | 97.0 | 92.2 | 87.6 | 81.8 | 81.2 | 79.7 | 76.8 | 68.9 | 65.7 | 61.4 | 59.3 | 56.1 | 52.6 | 49.8 | 46.4 | 42.2 | 39.6 | 36.7 | 34.6 | 31.6 | 29.7 | 26.4 | 24.6 | 22.5 | 20.2 | 17.3 | 15.9 | 13.9 |
| Operating Income | (13.2) | (12.9) | (19.4) | (21.6) | (25.5) | (23.0) | (25.4) | (29.9) | (19.1) | (16.6) | (15.4) | (18.1) | (18.9) | (23.2) | (24.9) | (23.4) | (22.4) | (19.1) | (22.6) | (20.9) | (14.2) | (10.6) | (8.0) | (5.4) | 1.3 | (2.1) | (0.4) | (3.3) | (1.4) | (1.8) | (2.3) | (19.5) |
| Net Income | (4.2) | (8.3) | (15.2) | (16.4) | (21.7) | (18.5) | (23.2) | (22.9) | (14.3) | (8.8) | (11.2) | (13.7) | (15.5) | (20.8) | (23.2) | (23.6) | (23.8) | (19.7) | (22.7) | (20.5) | (13.1) | (7.9) | (3.7) | (5.3) | 1.7 | (2.1) | (0.2) | (3.1) | (0.9) | (1.1) | (1.8) | (19.3) |
| EPS (Diluted) | -0.03 | -0.07 | -0.13 | -0.14 | -0.19 | -0.16 | -0.21 | -0.21 | -0.13 | -0.08 | -0.11 | -0.13 | -0.15 | -0.21 | -0.23 | -0.24 | -0.24 | -0.20 | -0.23 | -0.21 | -0.14 | -0.09 | -0.04 | -0.06 | – | -0.03 | -0.00 | -0.04 | -0.01 | -0.01 | -0.02 | -0.24 |
| Balance Sheet | ||||||||||||||||||||||||||||||||
| Cash & Equivalents | 96.7 | 61.7 | 76.6 | 79.1 | 51.3 | 45.1 | 50.6 | 63.0 | 218.3 | 71.4 | 84.8 | 61.0 | 46.7 | 40.4 | 45.6 | 54.0 | 55.2 | 59.6 | 68.3 | 85.4 | 259.2 | 146.7 | 164.5 | 324.3 | 26.5 | 0 | 39.2 | 0 | 178.2 | |||
| Total Assets | 1,489.3 | 1,373.2 | 1,341.4 | 1,265.5 | 1,208.2 | 1,156.2 | 1,129.9 | 1,080.9 | 1,021.1 | 997.1 | 972.6 | 919.6 | 895.1 | 878.7 | 871.2 | 852.6 | 857.7 | 856.4 | 852.5 | 829.7 | 728.8 | 735.0 | 689.2 | 654.0 | 247.9 | 0 | 238.0 | 0 | 217.1 | |||
| Total Debt | 14.6 | 16.4 | 19.1 | 15.2 | 20.2 | 17.0 | 20.2 | 23.5 | 27.4 | 31.5 | 36.2 | 40.0 | 44.8 | 42.2 | 40.8 | 38.9 | 43.1 | 43.1 | 47.3 | 49.2 | 34.2 | 36.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Stockholders' Equity | 960.7 | 924.0 | 887.4 | 859.4 | 826.5 | 800.0 | 773.5 | 756.2 | 721.4 | 707.8 | 679.1 | 653.1 | 635.9 | 628.9 | 624.8 | 624.9 | 625.4 | 636.5 | 638.6 | 644.2 | 561.9 | 559.4 | 553.9 | 546.4 | 148.4 | 142.4 | (33.4) | 137.2 | (38.7) | |||
| Cash Flow | ||||||||||||||||||||||||||||||||
| Operating Cash Flow | 57.1 | 38.4 | 50.7 | 30.2 | 36.1 | 28.8 | 49.1 | 27.6 | 16.7 | 17.5 | 32.6 | 26.0 | 16.7 | (1.1) | 7.3 | 5.1 | 4.0 | 5.0 | 17.7 | (17.7) | 19.2 | 8.8 | 12.8 | 10.8 | 7.1 | (1.2) | 4.6 | 5.0 | 0.2 | 0.2 | ||
| Capital Expenditure | (3.3) | (1.1) | (0.8) | (1.3) | (0.6) | (0.6) | (0.6) | (0.9) | (0.7) | (0.8) | (0.6) | (0.6) | (0.5) | (0.3) | (0.9) | (1.6) | (1.0) | (1.1) | (1.0) | (0.9) | (1.1) | (1.1) | (0.9) | (1.1) | (0.4) | (1.1) | (0.4) | (0.3) | (0.5) | (0.5) | ||
| Free Cash Flow | 53.7 | 37.3 | 49.9 | 28.8 | 35.5 | 28.1 | 48.5 | 26.7 | 16.0 | 16.6 | 32.0 | 25.4 | 16.2 | (1.4) | 6.4 | 3.5 | 3.0 | 3.9 | 16.6 | (18.7) | 18.0 | 7.7 | 11.9 | 9.7 | 6.8 | (2.4) | 4.2 | 4.7 | (0.3) | (0.3) | ||