IMVT - Immunovant, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$43.67
DETAILS
HIGH:
$50.00
LOW:
$40.00
MEDIAN:
$41.00
CONSENSUS:
$43.67
UPSIDE:
27.88%
| Metric | 2026 Q4 | 2026 Q3 | 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 | 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 |
| Cost of Revenue | 0 | 0.1 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.4 | 0.1 | 0 | 0 | 0 | 0 |
| Gross Profit | 0 | (0.1) | (0.1) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.4) | (0.1) | 0 | 0 | 0 | 0 |
| Operating Expenses | ||||||||||||||||||||||||||||||||
| R&D Expenses | 142.3 | 98.9 | 114.2 | 101.2 | 93.7 | 94.5 | 97.3 | 75.5 | 66.1 | 48.3 | 48.0 | 50.6 | 51.8 | 42.3 | 37.7 | 28.4 | 32.0 | 29.8 | 21.4 | 18.7 | 18.6 | 21.1 | 12.0 | 16.9 | 14.2 | 5.0 | 10.3 | 18.5 | 8.0 | 7.7 | 5.7 | 4.3 |
| SG&A Expenses | 17.3 | 15.4 | 17.5 | 26.0 | 20.2 | 19.8 | 18.5 | 18.8 | 14.8 | 13.2 | 13.8 | 15.4 | 12.4 | 11.8 | 11.9 | 11.9 | 15.2 | 11.5 | 16.3 | 11.2 | 10.3 | 10.5 | 9.0 | 9.7 | 6.3 | 6.1 | 4.2 | 1.6 | 1.0 | 1.2 | 0.5 | 0.0 |
| 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 | 0.4 | 0.1 | 0.0 | 0 | 0 | 0 |
| Operating Expenses | 159.6 | 114.4 | 131.8 | 127.2 | 113.8 | 114.3 | 115.7 | 94.3 | 80.9 | 61.6 | 61.8 | 66.0 | 64.3 | 54.0 | 49.6 | 40.4 | 47.2 | 41.3 | 37.6 | 29.9 | 28.9 | 31.6 | 21.0 | 26.6 | 20.5 | 11.0 | 0.4 | 0.1 | 0.0 | 8.8 | 6.3 | 4.4 |
| Operating Income | ||||||||||||||||||||||||||||||||
| Operating Income | (159.6) | (114.4) | (131.8) | (127.2) | (113.8) | (114.3) | (115.7) | (94.3) | (80.9) | (61.6) | (61.8) | (66.0) | (64.3) | (54.0) | (49.6) | (40.4) | (47.2) | (41.3) | (37.6) | (29.9) | (28.9) | (31.6) | (21.0) | (26.6) | (20.5) | (11.0) | (0.4) | (0.1) | (0.0) | (8.9) | (6.2) | (4.4) |
| 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 | – | 0.4 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 8.1 | 5.3 | 5.6 | 6.3 | 6.9 | 4.6 | 6.1 | 7.2 | 8.4 | 8.9 | 3.6 | 4.1 | 3.5 | 2.9 | 1.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | – | 0 | 0.7 | 0.3 | 0 | 0 | 0 | 0 |
| Profitability | ||||||||||||||||||||||||||||||||
| EBITDA | (159.5) | (109.0) | (131.7) | (127.1) | (113.7) | (114.2) | (115.7) | (94.2) | (80.8) | (61.5) | (61.7) | (65.9) | (64.2) | (54.0) | (49.6) | (40.3) | (47.2) | (41.2) | (37.6) | (29.9) | (28.2) | (31.6) | (21.0) | (26.6) | (20.6) | (10.8) | (0.4) | (0.1) | (0.0) | (8.9) | 0 | 0 |
| EBIT | (159.6) | (109.1) | (131.8) | (127.2) | (113.8) | (114.3) | (115.7) | (94.3) | (80.9) | (61.6) | (61.8) | (66.0) | (64.3) | (54.0) | (49.6) | (40.4) | (47.2) | (41.3) | (37.6) | (29.9) | (28.2) | (31.6) | (21.0) | (26.6) | (20.6) | (10.8) | (0.4) | (0.1) | (0.0) | (8.9) | (6.2) | (4.4) |
| Income Before Tax | (150.7) | (109.1) | (125.9) | (119.7) | (105.9) | (111.0) | (109.0) | (87.1) | (75.1) | (51.5) | (58.2) | (73.9) | (60.4) | (62.8) | (47.7) | (40.0) | (47.2) | (41.4) | (37.7) | (30.5) | (28.2) | (32.1) | (20.7) | (26.7) | (20.6) | (11.2) | 0.3 | 0.2 | (0.0) | (8.8) | (6.3) | (4.4) |
| Income Tax Expense | (2.8) | 1.6 | 0.6 | 0.9 | 0.6 | 0.2 | 0.1 | 0.1 | 0.2 | (0.1) | 0.5 | (0.0) | (1.0) | 0.4 | 0.3 | 0.4 | (0.0) | 0 | (0.0) | (0.0) | (0.1) | (0.4) | 0.0 | 0.0 | (0.1) | 0.1 | 0.1 | 0.1 | 0 | 0.0 | 0.0 | (0.0) |
| Net Income | (147.9) | (110.6) | (126.5) | (120.6) | (106.4) | (111.1) | (109.1) | (87.2) | (75.3) | (51.4) | (58.7) | (73.9) | (59.4) | (63.2) | (47.9) | (40.4) | (47.2) | (41.4) | (37.7) | (30.5) | (28.2) | (31.8) | (20.8) | (26.7) | (20.6) | (11.3) | 0.1 | 0.2 | (0.0) | (8.8) | (6.3) | (4.4) |
| Per Share Data | ||||||||||||||||||||||||||||||||
| EPS (Basic) | -0.73 | -0.61 | -0.73 | -0.71 | -0.64 | -0.76 | -0.74 | -0.60 | -0.52 | -0.36 | -0.45 | -0.57 | -0.46 | -0.49 | -0.41 | -0.35 | -0.41 | -0.36 | -0.35 | -0.31 | -0.29 | -0.32 | -0.21 | -0.32 | -0.29 | -0.28 | 0.04 | 0.02 | – | -0.60 | -0.36 | -0.44 |
| EPS (Diluted) | -0.73 | -0.61 | -0.73 | -0.71 | -0.64 | -0.76 | -0.74 | -0.60 | -0.52 | -0.36 | -0.45 | -0.57 | -0.46 | -0.49 | -0.41 | -0.35 | -0.41 | -0.36 | -0.35 | -0.31 | -0.29 | -0.32 | -0.21 | -0.32 | -0.29 | -0.28 | 0.01 | 0.06 | -0.00 | -0.24 | -0.36 | -0.44 |
| Shares Outstanding | 203.7 | 181.5 | 173.6 | 170.9 | 151.6 | 146.9 | 146.5 | 146.1 | 145.4 | 144.5 | 131.2 | 130.5 | 129.6 | 128.6 | 116.6 | 116.6 | 116.3 | 115.0 | 109.1 | 98.0 | 97.8 | 97.9 | 97.9 | 84.4 | 70.8 | 41.0 | 41.0 | 11.5 | 11.5 | 14.7 | 17.8 | 10 |
| Metric | 2026 Q4 | 2026 Q3 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 902.1 | 994.5 | 521.9 | 598.9 | 714.0 | 374.7 | 472.9 | 560.0 | 635.4 | 690.9 | 269.9 | 330.0 | 376.5 | 432.6 | 405.8 | 427.2 | 493.8 | 527.0 | 559.0 | 379.0 | 400.1 | 422.0 | 444.4 | 280.3 | 100.6 | 123.5 | 1.6 | 1.9 | 0.1 | 0 |
| 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 | 0 | 0 |
| Net Receivables | 3.9 | 1.6 | 2.0 | 1.9 | 2.5 | 2.2 | 1.9 | 2.4 | 5.5 | 1.0 | 1.4 | 0.8 | 0.9 | 0.7 | 3.8 | 13.2 | 12.9 | 0 | 0 | 0 | 0.6 | 0 | 0.0 | 0 | 3.0 | 0 | 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 | 42.8 | 46.8 | 49.7 | 50.9 | 51.2 | 35.6 | 32.6 | 26.6 | 24.9 | 18.8 | 19.8 | 19.2 | 0 | 21.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0.5 | 0.5 | 0 | 0.0 | 0 | 3.0 | 0 | 0 | 0 | 0 |
| Total Current Assets | 948.8 | 1,042.9 | 573.5 | 651.8 | 767.7 | 412.5 | 507.4 | 589.0 | 665.8 | 710.8 | 291.2 | 350.0 | 404.3 | 454.4 | 426.1 | 456.3 | 512.9 | 540.5 | 563.8 | 384.8 | 409.0 | 429.4 | 450.3 | 286.1 | 109.1 | 126.6 | 1.8 | 2.1 | 0.1 | 0 |
| Non-Current Assets | ||||||||||||||||||||||||||||||
| Property, Plant & Equipment | 0.5 | 0.5 | 0.6 | 0.7 | 0.9 | 0.8 | 0.7 | 0.6 | 0.6 | 0.7 | 0.9 | 1.2 | 1.5 | 1.8 | 2.1 | 2.4 | 2.6 | 2.7 | 2.9 | 3.2 | 3.5 | 3.6 | 3.6 | 4.2 | 0.1 | 0.0 | 0.0 | 0.0 | 0.1 | 0 |
| Goodwill | 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 |
| Intangible Assets | 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 |
| 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 | 0 |
| Other Non-Current Assets | 7.7 | 8.9 | 8.8 | 8.9 | 7.6 | 7.6 | 7.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.2 | (0.0) | 116.0 | 115.3 | 0.1 | 0 |
| Total Non-Current Assets | 8.2 | 9.5 | 9.4 | 9.7 | 8.6 | 8.4 | 8.3 | 0.6 | 0.9 | 0.7 | 0.9 | 1.2 | 1.5 | 1.8 | 2.1 | 2.4 | 2.6 | 2.7 | 2.9 | 3.2 | 3.5 | 3.6 | 3.6 | 4.2 | 0.3 | 0.0 | 116.0 | 115.3 | 0.2 | 0 |
| Total Assets | 957.0 | 1,052.4 | 583.0 | 661.4 | 776.2 | 420.9 | 515.7 | 589.7 | 666.7 | 711.4 | 292.1 | 351.2 | 405.8 | 456.2 | 428.1 | 458.7 | 515.6 | 543.2 | 566.7 | 388.0 | 412.5 | 433.0 | 453.9 | 290.3 | 109.4 | 126.6 | 117.8 | 117.4 | 0.3 | 0 |
| Current Liabilities | ||||||||||||||||||||||||||||||
| Account Payables | 7.5 | 8.6 | 6.9 | 7.8 | 17.7 | 19.8 | 20.7 | 11.0 | 7.2 | 3.9 | 7.5 | 26.5 | 1.4 | 14.0 | 7.5 | 1.1 | 18.6 | 3.8 | 4.2 | 3.1 | 2.4 | 2.1 | 5.8 | 8.0 | 1.2 | 2.8 | 0 | 0 | 0 | 0 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.2 | 2.9 | 0 | 0 | 0.3 | 0 |
| Deferred Revenue | 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 | (0.2) | 0 |
| Other Current Liabilities | 16.8 | 57.6 | 56.3 | 39.1 | 15.6 | 11.3 | 7.1 | 3.4 | 26.6 | 7.5 | 4.8 | 2.4 | 0.3 | 5.3 | 3.6 | 2.0 | 0.2 | 2.5 | 1.8 | 1.4 | 0 | 0 | 4.6 | 0 | 10.9 | 0.1 | 0 | 0 | (0.2) | 0 |
| Total Current Liabilities | 104.4 | 66.3 | 63.3 | 52.9 | 68.8 | 68.3 | 66.7 | 45.0 | 48.6 | 32.1 | 40.3 | 51.4 | 43.3 | 41.3 | 31.8 | 21.2 | 44.5 | 36.4 | 28.4 | 20.5 | 18.8 | 16.5 | 12.8 | 19.5 | 15.3 | 14.8 | 0.3 | 0.1 | 0.3 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.3 | 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 | 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) | 4.0 | 4.0 | 0 | 1.5 |
| Total Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.3 | 0 | 0 | 0 | 0.0 | 0.3 | 0.6 | 0.9 | 1.2 | 1.7 | 2.0 | 2.0 | 2.2 | 2.4 | 2.7 | 3.0 | 0 | (0.0) | 4.0 | 4.0 | 0 | 1.5 |
| Total Liabilities | 104.4 | 66.3 | 63.3 | 52.9 | 68.8 | 68.3 | 66.7 | 45.0 | 49.0 | 32.1 | 40.3 | 51.4 | 43.3 | 41.6 | 32.4 | 22.2 | 45.7 | 38.0 | 30.3 | 22.5 | 21.0 | 18.9 | 15.5 | 22.5 | 15.3 | 14.8 | 4.4 | 4.1 | 0.3 | 1.5 |
| 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 | 0.0 | 0.0 | 108.4 | 108.3 | 0.0 | 0 |
| Retained Earnings | (1,745.1) | (1,597.3) | (1,486.6) | (1,360.1) | (1,239.5) | (1,133.1) | (1,022.0) | (912.8) | (825.7) | (750.4) | (698.9) | (640.3) | (566.3) | (506.9) | (443.7) | (395.8) | (355.4) | (308.2) | (266.8) | (229.1) | (198.7) | (170.5) | (138.7) | (117.9) | (91.2) | (70.7) | 0.3 | 0.2 | (0.0) | 0 |
| Accumulated Other Comprehensive Income | 0.7 | 1.2 | 1.4 | 1.7 | 1.5 | 2.5 | 1.9 | 1.8 | 1.9 | (0.6) | 0.5 | 0.6 | 0.9 | 1.4 | (1.2) | (0.3) | 0.4 | 0.4 | 0.4 | 0.3 | (0.3) | 0.5 | (0.2) | 0.0 | (0.0) | (0.1) | 0.0 | 0.1 | 0.3 | (1.5) |
| Total Stockholders' Equity | 852.6 | 986.1 | 519.7 | 608.5 | 707.4 | 352.6 | 449.1 | 544.7 | 617.8 | 679.3 | 251.8 | 299.9 | 362.5 | 414.7 | 395.7 | 436.5 | 469.8 | 505.1 | 536.4 | 365.5 | 391.5 | 414.2 | 438.4 | 267.8 | 94.1 | 111.9 | 113.4 | 113.3 | 0.0 | (1.5) |
| Total Liabilities & Equity | 957.0 | 1,052.4 | 583.0 | 661.4 | 776.2 | 420.9 | 515.7 | 589.7 | 666.7 | 711.4 | 292.1 | 351.2 | 405.8 | 456.2 | 428.1 | 458.7 | 515.6 | 543.2 | 566.7 | 388.0 | 412.5 | 433.0 | 453.9 | 290.3 | 109.4 | 126.6 | 117.8 | 117.4 | 0.3 | 0 |
| Debt Metrics | ||||||||||||||||||||||||||||||
| Total Debt | 0.1 | 0 | 0 | 0 | 0.1 | 0.0 | 0.0 | 0.1 | 0.1 | 0.3 | 0.6 | 0.9 | 1.2 | 1.5 | 1.8 | 2.1 | 2.4 | 2.8 | 3.0 | 3.1 | 3.4 | 3.5 | 3.8 | 4.1 | 3.2 | 2.9 | 0 | 0 | 0.3 | 0 |
| Net Debt | (902.0) | (994.5) | (521.9) | (598.9) | (713.9) | (374.7) | (472.9) | (559.9) | (635.2) | (690.6) | (269.3) | (329.0) | (375.3) | (431.1) | (404.0) | (425.1) | (491.5) | (524.2) | (555.9) | (375.9) | (396.7) | (418.5) | (440.6) | (276.2) | (97.4) | (120.6) | (1.6) | (1.9) | 0.2 | 0 |
| Metric | 2026 Q4 | 2026 Q3 | 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 | (147.9) | (110.6) | (126.5) | (120.6) | (106.4) | (111.1) | (109.1) | (87.2) | (75.3) | (51.4) | (58.7) | (73.9) | (59.4) | (63.2) | (47.9) | (40.4) | (47.2) | (41.4) | (37.7) | (30.5) | (28.2) | (31.8) | (20.8) | (26.7) | (20.6) | (0.0) | 0.1 | 0.2 | (0.0) | (0.0) | (0.0) | (0.0) |
| Depreciation & Amortization | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.3 | 0.3 | 0.3 | 0.3 | 0.0 | 0.3 | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | 0.3 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0 | 0 |
| Stock-Based Compensation | 11.1 | 12.7 | 13.4 | 18.5 | 11.7 | 11.7 | 12.7 | 13.5 | 9.7 | 10.2 | 0 | 0 | 0 | 0 | 8.2 | 0 | 11.9 | 10.2 | 8.4 | 3.9 | 0 | 0 | 3.4 | 4.0 | 1.8 | 0.0 | 0.0 | 0.0 | (0.0) | 0.0 | 0.0 | 0.0 |
| Change in Working Capital | 41.5 | 5.5 | 10.5 | (15.4) | (16.0) | (1.0) | 7.7 | (2.6) | 5.6 | (6.3) | (12.3) | 15.5 | (4.2) | 7.6 | 19.3 | (33.5) | 2.0 | (0.2) | 8.8 | 4.5 | 0.7 | 2.0 | (6.9) | 8.7 | (4.5) | 0.0 | 0.3 | 0.0 | (0.0) | 0.0 | 0.0 | 0.0 |
| Other Non-Cash Items | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.3 | 0.3 | 10.5 | 10.7 | 7.5 | 8.9 | 0.3 | 7.7 | 0.3 | (0.5) | 0.4 | 0.8 | 4.7 | 6.7 | 0.3 | 0.2 | 0.1 | 0.0 | (0.7) | (0.4) | 0.0 | (0.0) | 0.0 | (0.0) |
| Operating Cash Flow | (95.1) | (92.3) | (102.5) | (117.4) | (110.6) | (100.4) | (88.6) | (76.2) | (59.7) | (47.1) | (60.1) | (47.4) | (55.8) | (46.4) | (20.2) | (65.8) | (33.0) | (31.9) | (20.0) | (21.2) | (22.5) | (22.8) | (24.2) | (13.8) | (23.1) | (0.0) | (0.3) | (0.2) | (0.0) | (0.0) | (0.0) | (0.0) |
| Investing Activities | ||||||||||||||||||||||||||||||||
| Capital Expenditure | (0.0) | 0 | 0 | 0 | (0.2) | (0.2) | (0.2) | (0.2) | (0.1) | (0.1) | (0.0) | (0.0) | (0.0) | (0.1) | (0.0) | (0.0) | (0.1) | (0.1) | (0.0) | (0.0) | (0.1) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | 0 | 0 | (0.0) | 0 | 0 |
| Acquisitions | 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 |
| Purchases of 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 | 0 | 0 | 0 |
| Sales/Maturities of 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 | 0 | 0 | 0 |
| Other Investing Activities | 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 |
| Investing Cash Flow | (0.0) | 0 | 0 | 0 | (0.2) | (0.2) | (0.2) | (0.2) | (0.1) | (0.1) | (0.0) | (0.0) | (0.0) | (0.1) | (0.0) | (0.0) | (0.1) | (0.1) | (0.0) | (0.0) | (0.1) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | 0 | 0 | (0.0) | 0 | 0 |
| 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 | (0.1) | (0.2) | (2.9) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock Repurchased | 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 |
| 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 | 0 | 0 |
| Other Financing Activities | 0.1 | 0 | 0 | 0 | 0.6 | 2.5 | 0 | 0 | (472.7) | 472.7 | 0 | 0 | (70.5) | 70.5 | 0 | 0 | 0 | 0 | 200.0 | 0.1 | 0 | 0 | (0.2) | 0 | 0.1 | 0.1 | 0.0 | 5.3 | (0.2) | 0.0 | 0.0 | 0.0 |
| Financing Cash Flow | 3.6 | 564.6 | 24.6 | 2.9 | 450.6 | 2.5 | 0.7 | 0.7 | 1.5 | 469.8 | 0.1 | 0.9 | 0.2 | 70.6 | 0 | 0.0 | 0 | 0 | 200.0 | 0.1 | 0.8 | 0.4 | 188.3 | 193.6 | 0.1 | 0.1 | 0.0 | 117.0 | (0.2) | 0.0 | 0.0 | 0.0 |
| Cash Position | ||||||||||||||||||||||||||||||||
| Net Change in Cash | (92.4) | 472.7 | (77.0) | (115.1) | 339.3 | (98.3) | (87.1) | (75.4) | (55.6) | 421.0 | (60.0) | (46.6) | (56.1) | 26.8 | (21.4) | (66.6) | (33.2) | (31.9) | 179.9 | (21.1) | (21.8) | (22.4) | 164.1 | 179.7 | (23.0) | 0.1 | (0.3) | 1.8 | (0.2) | 0.0 | 0.0 | 0 |
| Cash at Beginning | 994.5 | 521.9 | 598.9 | 714.0 | 374.7 | 472.9 | 560.0 | 635.4 | 690.9 | 269.9 | 330.0 | 376.5 | 432.6 | 405.8 | 427.2 | 493.8 | 527.0 | 559.0 | 379.0 | 400.1 | 422.0 | 444.4 | 280.3 | 100.6 | 123.5 | 0.0 | 1.9 | 0.1 | 0.3 | 0.0 | 0 | 0 |
| Cash at End | 902.1 | 994.5 | 521.9 | 598.9 | 714.0 | 374.7 | 472.9 | 560.0 | 635.4 | 690.9 | 269.9 | 330.0 | 376.5 | 432.6 | 405.8 | 427.2 | 493.8 | 527.0 | 559.0 | 379.0 | 400.1 | 422.0 | 444.4 | 280.3 | 100.6 | 0.1 | 1.6 | 1.9 | 0.1 | 0.0 | 0.0 | 0 |
| Free Cash Flow | (95.1) | (92.3) | (102.5) | (117.4) | (110.8) | (100.6) | (88.8) | (76.4) | (59.8) | (47.2) | (60.1) | (47.4) | (55.8) | (46.5) | (20.2) | (65.9) | (33.1) | (32.0) | (20.1) | (21.2) | (22.6) | (22.8) | (24.3) | (13.8) | (23.1) | (0.0) | (0.3) | (0.2) | (0.0) | (0.0) | (0.0) | (0.0) |
| Key Metrics | 2026 Q4 | 2026 Q3 | 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 | 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 |
| Gross Profit | 0 | (0.1) | (0.1) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.4) | (0.1) | 0 | 0 | 0 | 0 |
| Operating Income | (159.6) | (114.4) | (131.8) | (127.2) | (113.8) | (114.3) | (115.7) | (94.3) | (80.9) | (61.6) | (61.8) | (66.0) | (64.3) | (54.0) | (49.6) | (40.4) | (47.2) | (41.3) | (37.6) | (29.9) | (28.9) | (31.6) | (21.0) | (26.6) | (20.5) | (11.0) | (0.4) | (0.1) | (0.0) | (8.9) | (6.2) | (4.4) |
| Net Income | (147.9) | (110.6) | (126.5) | (120.6) | (106.4) | (111.1) | (109.1) | (87.2) | (75.3) | (51.4) | (58.7) | (73.9) | (59.4) | (63.2) | (47.9) | (40.4) | (47.2) | (41.4) | (37.7) | (30.5) | (28.2) | (31.8) | (20.8) | (26.7) | (20.6) | (11.3) | 0.1 | 0.2 | (0.0) | (8.8) | (6.3) | (4.4) |
| EPS (Diluted) | -0.73 | -0.61 | -0.73 | -0.71 | -0.64 | -0.76 | -0.74 | -0.60 | -0.52 | -0.36 | -0.45 | -0.57 | -0.46 | -0.49 | -0.41 | -0.35 | -0.41 | -0.36 | -0.35 | -0.31 | -0.29 | -0.32 | -0.21 | -0.32 | -0.29 | -0.28 | 0.01 | 0.06 | -0.00 | -0.24 | -0.36 | -0.44 |
| Balance Sheet | ||||||||||||||||||||||||||||||||
| Cash & Equivalents | 902.1 | 994.5 | 521.9 | 598.9 | 714.0 | 374.7 | 472.9 | 560.0 | 635.4 | 690.9 | 269.9 | 330.0 | 376.5 | 432.6 | 405.8 | 427.2 | 493.8 | 527.0 | 559.0 | 379.0 | 400.1 | 422.0 | 444.4 | 280.3 | 100.6 | 123.5 | 1.6 | 1.9 | 0.1 | 0 | ||
| Total Assets | 957.0 | 1,052.4 | 583.0 | 661.4 | 776.2 | 420.9 | 515.7 | 589.7 | 666.7 | 711.4 | 292.1 | 351.2 | 405.8 | 456.2 | 428.1 | 458.7 | 515.6 | 543.2 | 566.7 | 388.0 | 412.5 | 433.0 | 453.9 | 290.3 | 109.4 | 126.6 | 117.8 | 117.4 | 0.3 | 0 | ||
| Total Debt | 0.1 | 0 | 0 | 0 | 0.1 | 0.0 | 0.0 | 0.1 | 0.1 | 0.3 | 0.6 | 0.9 | 1.2 | 1.5 | 1.8 | 2.1 | 2.4 | 2.8 | 3.0 | 3.1 | 3.4 | 3.5 | 3.8 | 4.1 | 3.2 | 2.9 | 0 | 0 | 0.3 | 0 | ||
| Stockholders' Equity | 852.6 | 986.1 | 519.7 | 608.5 | 707.4 | 352.6 | 449.1 | 544.7 | 617.8 | 679.3 | 251.8 | 299.9 | 362.5 | 414.7 | 395.7 | 436.5 | 469.8 | 505.1 | 536.4 | 365.5 | 391.5 | 414.2 | 438.4 | 267.8 | 94.1 | 111.9 | 113.4 | 113.3 | 0.0 | (1.5) | ||
| Cash Flow | ||||||||||||||||||||||||||||||||
| Operating Cash Flow | (95.1) | (92.3) | (102.5) | (117.4) | (110.6) | (100.4) | (88.6) | (76.2) | (59.7) | (47.1) | (60.1) | (47.4) | (55.8) | (46.4) | (20.2) | (65.8) | (33.0) | (31.9) | (20.0) | (21.2) | (22.5) | (22.8) | (24.2) | (13.8) | (23.1) | (0.0) | (0.3) | (0.2) | (0.0) | (0.0) | (0.0) | (0.0) |
| Capital Expenditure | (0.0) | 0 | 0 | 0 | (0.2) | (0.2) | (0.2) | (0.2) | (0.1) | (0.1) | (0.0) | (0.0) | (0.0) | (0.1) | (0.0) | (0.0) | (0.1) | (0.1) | (0.0) | (0.0) | (0.1) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | 0 | 0 | (0.0) | 0 | 0 |
| Free Cash Flow | (95.1) | (92.3) | (102.5) | (117.4) | (110.8) | (100.6) | (88.8) | (76.4) | (59.8) | (47.2) | (60.1) | (47.4) | (55.8) | (46.5) | (20.2) | (65.9) | (33.1) | (32.0) | (20.1) | (21.2) | (22.6) | (22.8) | (24.3) | (13.8) | (23.1) | (0.0) | (0.3) | (0.2) | (0.0) | (0.0) | (0.0) | (0.0) |