KOD - Kodiak Sciences Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$63.75
DETAILS
HIGH:
$80.00
LOW:
$56.00
MEDIAN:
$59.50
CONSENSUS:
$63.75
UPSIDE:
75.96%
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 0 | 0 | 0 | 0 | 0 |
| Cost of Revenue | 0 | 0 | 0 | 0 | 0 | 6.7 | 6.7 | 6.7 | 6.6 | 6.7 | 7.0 | 6.7 | 5.7 | 3.3 | 2.9 | 2.6 | 2.2 | 2.2 | 2.2 | 2.2 | 2.2 | 0 | 0 | 0 | 0.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 0 | 0 | 0 | 0 | 0 | (6.7) | (6.7) | (6.7) | (6.6) | (6.7) | (7.0) | (6.7) | (5.7) | (3.3) | (2.9) | (2.6) | (2.2) | (2.2) | (2.2) | (2.2) | (2.2) | 0 | 0 | 0 | (0.2) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | |||||||||||||||||||||||||||||||||||||
| R&D Expenses | 48.5 | 45.5 | 50.5 | 42.8 | 43.6 | 31.8 | 31.9 | 32.5 | 29.9 | 46.6 | 36.2 | 67.0 | 56.5 | 56.0 | 61.7 | 73.7 | 76.2 | 75.6 | 56.0 | 45.4 | 40.3 | 37.4 | 29.3 | 20.6 | 20.2 | 12.8 | 10.1 | 8.8 | 5.7 | 6.9 | 4.7 | 3.6 | 3.6 | 8.8 | 3.1 | 5.0 | 5.0 |
| SG&A Expenses | 11.2 | 12.0 | 11.9 | 12.8 | 15.4 | 7.7 | 8.1 | 8.8 | 9.5 | 10.1 | 11.3 | 11.2 | 12.4 | 14.8 | 14.9 | 15.7 | 17.4 | 15.3 | 9.4 | 8.3 | 8.0 | 9.5 | 7.4 | 6.2 | 5.3 | 3.4 | 2.6 | 3.0 | 2.7 | 2.5 | 1.7 | 1.5 | 1.9 | 1.0 | 0.8 | 0.8 | 0.8 |
| Other Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.1) | (0.1) | 0.1 | 0 | 0.1 | 0.1 | 0.1 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 59.8 | 57.5 | 62.4 | 55.5 | 59.1 | 39.5 | 39.9 | 41.3 | 39.4 | 56.7 | 47.5 | 78.2 | 69.0 | 70.8 | 76.6 | 89.5 | 93.6 | 90.9 | 65.4 | 53.7 | 48.4 | 46.8 | 36.7 | 26.8 | 25.5 | 16.2 | 12.7 | 11.8 | 8.5 | 9.4 | 6.4 | 5.1 | 5.5 | 9.8 | 4.0 | 5.9 | 5.9 |
| Operating Income | |||||||||||||||||||||||||||||||||||||
| Operating Income | (59.8) | (57.5) | (62.4) | (55.5) | (59.1) | (46.2) | (46.6) | (48.0) | (46.1) | (63.4) | (54.5) | (84.8) | (74.6) | (74.1) | (79.5) | (92.1) | (95.8) | (93.0) | (67.5) | (55.9) | (50.6) | (46.8) | (36.7) | (26.8) | (25.7) | (16.2) | (12.7) | (11.8) | (8.5) | (9.4) | (6.4) | (5.1) | (5.5) | (9.8) | (4.0) | (5.9) | (5.9) |
| 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 | 0.0 | 0.0 | 0.0 | 0.0 | 0 | 0.0 | 0.0 | 0.0 | 0.2 | 2.0 | 1.9 | 1.5 | 0.8 | 0.4 | 0 | 0 |
| Interest Income | 1.6 | 0.8 | 0.9 | 1.2 | 1.6 | 2.1 | 2.7 | 3.0 | 3.4 | 3.9 | 4.5 | 4.7 | 3.6 | 3.8 | 2.5 | 1.5 | 0.1 | 0.0 | 0.0 | 0.1 | 0.1 | 0.4 | 0.6 | 0.7 | 1.2 | 0.5 | 0.3 | 0.3 | 0.5 | 0 | 0 | 0.1 | 0.0 | 0 | 0 | 0.0 | 0.0 |
| Profitability | |||||||||||||||||||||||||||||||||||||
| EBITDA | (53.4) | (46.5) | (55.8) | (49.0) | (52.3) | (37.4) | (37.2) | (38.4) | (36.4) | (52.9) | (43.0) | (73.5) | (65.1) | (67.1) | (74.2) | (88.0) | (93.5) | (91.0) | (65.3) | (53.7) | (48.3) | (44.5) | (34.4) | (25.8) | (24.2) | (15.1) | (12.2) | (11.3) | (7.8) | (14.3) | (8.4) | (5.4) | (7.3) | (10.6) | (4.1) | (5.8) | (5.8) |
| EBIT | (59.8) | (53.0) | (62.4) | (55.5) | (59.1) | (44.1) | (43.9) | (45.1) | (43.0) | (59.5) | (50.0) | (80.2) | (70.8) | (70.4) | (77.0) | (90.6) | (95.7) | (93.2) | (67.5) | (55.8) | (50.4) | (46.6) | (36.1) | (26.0) | (24.4) | (15.6) | (12.4) | (11.4) | (8.0) | (14.5) | (8.5) | (5.5) | (7.5) | (10.8) | (4.2) | (5.9) | (5.9) |
| Income Before Tax | (58.2) | (56.7) | (61.5) | (54.3) | (57.5) | (44.1) | (43.9) | (45.1) | (43.0) | (59.5) | (50.0) | (80.2) | (70.8) | (70.4) | (77.0) | (90.6) | (95.7) | (93.2) | (67.5) | (55.9) | (50.4) | (46.6) | (36.1) | (26.0) | (24.4) | (15.6) | (12.4) | (11.4) | (8.0) | (14.7) | (10.5) | (7.4) | (8.9) | (11.6) | (4.6) | (5.9) | (5.9) |
| Income Tax 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 | 0 | 0 | 0 | 0 | 0 |
| Net Income | (58.2) | (56.7) | (61.5) | (54.3) | (57.5) | (44.1) | (43.9) | (45.1) | (43.0) | (59.5) | (50.0) | (80.2) | (70.8) | (70.4) | (77.0) | (90.6) | (95.7) | (93.2) | (67.5) | (55.9) | (50.4) | (46.6) | (36.1) | (26.0) | (24.4) | (15.6) | (12.4) | (11.4) | (8.0) | (14.7) | (10.5) | (7.4) | (8.9) | (11.6) | (4.6) | (5.9) | (5.9) |
| Per Share Data | |||||||||||||||||||||||||||||||||||||
| EPS (Basic) | -0.94 | -1.04 | -1.16 | -1.03 | -1.09 | -0.84 | -0.84 | -0.86 | -0.82 | -1.13 | -0.95 | -1.53 | -1.35 | -1.35 | -1.47 | -1.74 | -1.83 | -1.79 | -1.30 | -1.08 | -0.98 | -0.97 | -0.80 | -0.58 | -0.54 | -0.40 | -0.33 | -0.31 | -0.21 | -0.40 | -0.30 | -0.21 | -0.34 | -0.44 | -0.17 | -0.79 | -0.79 |
| EPS (Diluted) | -0.94 | -1.04 | -1.16 | -1.03 | -1.09 | -0.84 | -0.84 | -0.86 | -0.82 | -1.13 | -0.95 | -1.53 | -1.35 | -1.35 | -1.47 | -1.74 | -1.83 | -1.79 | -1.30 | -1.08 | -0.98 | -0.97 | -0.80 | -0.58 | -0.54 | -0.40 | -0.33 | -0.31 | -0.21 | -0.40 | -0.30 | -0.21 | -0.34 | -0.44 | -0.17 | -0.79 | -0.79 |
| Shares Outstanding | 61.9 | 53.2 | 52.9 | 52.8 | 52.7 | 52.7 | 52.6 | 52.6 | 52.5 | 52.5 | 52.5 | 52.4 | 52.3 | 52.3 | 52.3 | 52.2 | 52.2 | 52.0 | 51.9 | 51.6 | 51.6 | 48.0 | 45.1 | 45.0 | 44.8 | 39.5 | 37.3 | 37.3 | 37.2 | 36.4 | 35.4 | 35.4 | 26.6 | 26.6 | 26.6 | 7.4 | 7.4 |
| 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 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 169.5 | 209.9 | 72.0 | 104.2 | 138.9 | 168.1 | 197.9 | 219.2 | 245.9 | 285.5 | 345.7 | 378.7 | 316.6 | 190.4 | 178.4 | 172.7 | 671.7 | 731.5 | 799.2 | 880.9 | 920.5 | 944.4 | 291.6 | 269.8 | 226.5 | 211.8 | 37.0 | 45.0 | 57.2 | 88.3 | 11.6 | 17.6 | (1.4) | 1.4 | (9.6) |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 104.6 | 288.5 | 359.0 | 425.2 | 0 | 0 | 0 | 0 | 8.5 | 24.6 | 88.9 | 147.3 | 195.4 | 124.7 | 23.6 | 23.1 | 23.9 | 0 | 0 | 0 | 2.8 | 0 | 19.2 |
| Net Receivables | 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 |
| 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 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 5.7 | 5.0 | 3.7 | 3.8 | 3.8 | 3.9 | 4.6 | 5.4 | 5.6 | 3.8 | 5.3 | 8.3 | 9.9 | 7.1 | 7.3 | 6.5 | 10.5 | 3.3 | 6.3 | 3.5 | 2.9 | 0 | 1.3 | 1.9 | 2.9 | 2.7 | 0.4 | 2.4 | 2.2 | 2.2 | 0.7 | 0 | 0 | 0 | 0 |
| Total Current Assets | 175.3 | 214.8 | 75.7 | 107.9 | 142.7 | 171.9 | 202.5 | 224.6 | 251.5 | 289.3 | 350.9 | 387.0 | 431.1 | 486.0 | 544.7 | 604.4 | 682.2 | 734.8 | 805.5 | 884.3 | 931.9 | 972.0 | 381.7 | 419.0 | 424.8 | 339.2 | 61.0 | 70.5 | 83.3 | 90.4 | 12.3 | 18.1 | 1.4 | 1.6 | 9.6 |
| Non-Current Assets | |||||||||||||||||||||||||||||||||||
| Property, Plant & Equipment | 115.9 | 121.9 | 127.5 | 134.0 | 140.4 | 148.7 | 155.3 | 161.9 | 168.4 | 175.0 | 181.7 | 187.4 | 193.7 | 115.8 | 117.4 | 117.7 | 113.8 | 108.1 | 91.4 | 79.7 | 79.4 | 78.8 | 79.1 | 2.7 | 2.7 | 2.8 | 3.0 | 3.2 | 3.2 | 1.1 | 1.2 | 1.3 | 0 | 1.5 | 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 | 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 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 6.2 | 6.2 | 6.2 | 6.2 | 6.2 | 6.2 | 6.3 | 6.3 | 6.3 | 6.3 | 6.3 | 6.3 | 6.3 | 6.3 | 6.3 | 6.3 | 6.3 | 6.3 | 0 | 0 | 0.1 | 8.7 | 11.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 14.9 | 14.9 | 14.9 | 8.7 | 8.7 | 8.7 | 8.7 | 8.9 | 8.7 | 8.7 | 8.7 | 9.0 | 9.2 | 58.5 | 55.6 | 53.6 | 48.0 | 55.0 | 55.0 | 27.2 | 15.2 | 16.5 | 19.9 | 7.5 | 6.8 | 5.0 | 4.9 | 4.6 | 0.6 | 0.6 | 3.6 | 2.3 | (1.4) | 0.1 | (9.6) |
| Total Non-Current Assets | 130.7 | 136.7 | 142.3 | 148.8 | 155.2 | 163.6 | 170.2 | 176.9 | 183.2 | 190.1 | 196.7 | 202.7 | 209.2 | 180.6 | 179.3 | 177.5 | 168.1 | 169.4 | 152.7 | 113.3 | 100.8 | 95.3 | 99.0 | 10.4 | 18.2 | 19.6 | 7.9 | 7.8 | 3.8 | 1.7 | 4.8 | 3.6 | (1.4) | 1.6 | (9.6) |
| Total Assets | 306.0 | 351.5 | 218.1 | 256.7 | 297.9 | 335.6 | 372.7 | 401.6 | 434.8 | 479.4 | 547.7 | 589.7 | 640.3 | 666.6 | 724.0 | 781.9 | 850.3 | 904.2 | 958.2 | 997.6 | 1,032.7 | 1,067.3 | 480.7 | 429.4 | 443.0 | 358.9 | 68.9 | 78.3 | 87.1 | 92.2 | 17.1 | 21.7 | 0 | 3.2 | 0 |
| Current Liabilities | |||||||||||||||||||||||||||||||||||
| Account Payables | 11.3 | 12.9 | 10.4 | 5.1 | 6.5 | 3.9 | 3.3 | 1.9 | 2.5 | 13.6 | 38.6 | 12.3 | 6.3 | 9.1 | 15.6 | 20.6 | 13.1 | 12.4 | 13.8 | 2.7 | 9.2 | 8.6 | 5.3 | 7.0 | 4.5 | 2.6 | 1.7 | 2.5 | 1.8 | 1.1 | 1.7 | 2.5 | 0 | 3.4 | 0 |
| Short-Term Debt | 11.7 | 12.1 | 0 | 0 | 0 | 0 | 0 | 0 | 9.6 | 9.8 | 9.0 | 7.9 | 0 | 9.9 | 9.1 | 6.0 | 5.0 | 3.9 | 1.6 | 1.2 | 1.8 | 0 | 0 | 0.5 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0 | 0 | 0 | 0 | 0 | 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 | 2.2 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 26.6 | 20.6 | 0 | 0 | 0 | 0 | 0 | 5.5 | 7.1 | 12.3 | 17.8 | 49.7 | 0 | 27.4 | 35.6 | 39.3 | 50.9 | 42.1 | 34.2 | 33.6 | 21.5 | 0 | 0 | 9.1 | 7.6 | 5.5 | 3.0 | 1.4 | (0.4) | 0 | 0 | 0.1 | 0 | (0.1) | 0 |
| Total Current Liabilities | 49.6 | 45.5 | 42.4 | 31.0 | 30.9 | 25.6 | 24.1 | 21.2 | 24.9 | 41.7 | 70.8 | 74.2 | 68.9 | 52.5 | 65.6 | 69.8 | 76.3 | 64.7 | 54.4 | 41.0 | 35.1 | 31.4 | 22.5 | 18.8 | 13.8 | 11.7 | 7.3 | 6.2 | 4.8 | 4.8 | 5.4 | 4.5 | 0 | 9.2 | 0 |
| Non-Current Liabilities | |||||||||||||||||||||||||||||||||||
| Long-Term Debt | 44.3 | 47.1 | 0 | 0 | 0 | 0 | 0 | 0 | 100 | 100 | 100 | 100 | 0 | 100.0 | 100.0 | 100.0 | 100.0 | 99.9 | 99.9 | 99.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 41.5 | 0.0 | 0 | 10.0 | 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 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 100 | 101.5 | 101.5 | 101.5 | 101.5 | 100 | 100 | 100 | 0 | 0 | 0 | 0 | 100 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 100.1 | 100.1 | 100.1 | 100.1 | 100.1 | 0.3 | 0.3 | 0.3 | 0.3 | 0.5 | 64.1 | 47.4 | 0 | 52.9 | 0 |
| Total Non-Current Liabilities | 144.3 | 148.6 | 151.9 | 155.4 | 158.2 | 159.7 | 163.2 | 165.9 | 168.7 | 171.9 | 174.5 | 176.9 | 178.8 | 178.0 | 178.9 | 181.1 | 176.6 | 176.2 | 177.5 | 177.2 | 176.0 | 175.2 | 176.5 | 101.4 | 101.5 | 1.8 | 1.9 | 2.0 | 2.2 | 0.5 | 105.6 | 0.6 | 0 | 62.8 | 0 |
| Total Liabilities | 193.9 | 194.2 | 194.4 | 186.4 | 189.1 | 185.3 | 187.3 | 187.1 | 193.6 | 213.6 | 245.2 | 251.2 | 247.7 | 230.5 | 244.5 | 251.0 | 252.9 | 240.9 | 231.9 | 218.2 | 211.1 | 206.6 | 199.0 | 120.2 | 115.4 | 13.5 | 9.2 | 8.3 | 7.0 | 5.4 | 110.9 | 5.0 | 0 | 72.0 | 0 |
| 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 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0 | 0.0 | 0 |
| Retained Earnings | (1,616.9) | (1,558.7) | (1,502.0) | (1,440.5) | (1,386.2) | (1,328.7) | (1,284.6) | (1,240.7) | (1,195.6) | (1,152.5) | (1,093.0) | (1,043.0) | (962.8) | (892.0) | (821.6) | (744.6) | (653.9) | (558.2) | (465.1) | (397.5) | (341.7) | (291.2) | (244.6) | (208.5) | (182.5) | (158.1) | (142.5) | (130.1) | (118.8) | (110.8) | (96.1) | (92.8) | 0 | (69.3) | 0 |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.1) | (1.3) | (2.5) | (1.9) | 0 | 0 | 0 | 0 | 0.0 | 0.1 | 0.2 | 0.6 | 0.5 | 0.0 | 0.0 | 0.0 | 0.0 | 0 | 0 | 0 | (68.7) | 0 | (41.1) |
| Total Stockholders' Equity | 112.1 | 157.4 | 23.7 | 70.3 | 108.8 | 150.3 | 185.4 | 214.5 | 241.2 | 265.8 | 302.4 | 338.5 | 392.6 | 436.2 | 479.5 | 530.9 | 597.4 | 663.3 | 726.3 | 779.4 | 821.7 | 860.8 | 281.8 | 309.2 | 327.7 | 345.4 | 59.7 | 70.0 | 80.1 | 86.8 | (93.8) | 16.7 | (16.4) | (68.7) | 8.9 |
| Total Liabilities & Equity | 306.0 | 351.5 | 218.1 | 256.7 | 297.9 | 335.6 | 372.7 | 401.6 | 434.8 | 479.4 | 547.7 | 589.7 | 640.3 | 666.6 | 724.0 | 781.9 | 850.3 | 904.2 | 958.2 | 997.6 | 1,032.7 | 1,067.3 | 480.7 | 429.4 | 443.0 | 358.9 | 68.9 | 78.3 | 87.1 | 92.2 | 17.1 | 21.7 | (16.4) | 3.2 | 8.9 |
| Debt Metrics | |||||||||||||||||||||||||||||||||||
| Total Debt | 56.0 | 59.2 | 62.2 | 65.2 | 67.6 | 70.3 | 73.4 | 75.8 | 178.3 | 181.6 | 183.5 | 184.8 | 86.8 | 187.7 | 187.8 | 187.0 | 181.4 | 179.9 | 178.9 | 178.2 | 77.7 | 77.4 | 77.3 | 1.7 | 1.8 | 1.9 | 2.0 | 2.1 | 2.3 | 0 | 41.5 | 0.1 | 0 | 10.1 | 0 |
| Net Debt | (113.5) | (150.7) | (9.8) | (39.0) | (71.2) | (97.7) | (124.4) | (143.5) | (67.6) | (103.9) | (162.2) | (193.9) | (229.9) | (2.7) | 9.4 | 14.3 | (490.4) | (551.6) | (620.4) | (702.7) | (842.8) | (867.0) | (214.3) | (268.1) | (224.6) | (209.9) | (35.0) | (42.8) | (54.9) | (88.3) | 29.9 | (17.5) | 1.4 | 8.7 | 9.6 |
| 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 | 2018 Q3 | 2018 Q2 | 2018 Q1 | 2017 Q4 | 2017 Q3 | 2017 Q2 | 2017 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||||||||||||||||
| Net Income | (58.2) | (56.7) | (61.5) | (54.3) | (57.5) | (44.1) | (43.9) | (45.1) | (43.0) | (59.5) | (50.0) | (80.2) | (70.8) | (70.4) | (77.0) | (90.6) | (95.7) | (93.2) | (67.5) | (55.9) | (50.4) | (46.6) | (36.1) | (26.0) | (24.4) | (15.6) | (12.4) | (11.4) | (8.0) | (14.7) | (10.5) | (7.4) | (8.9) | (11.6) | (4.6) | (0.0) | (0.0) |
| Depreciation & Amortization | 6.3 | (1.5) | 6.5 | 6.5 | 6.7 | 6.7 | 6.7 | 6.7 | 6.6 | 6.7 | 7.0 | 6.7 | 5.7 | 3.3 | 2.9 | 2.6 | 2.2 | 2.2 | 2.2 | 2.2 | 2.2 | 2.1 | 1.7 | 0.2 | 0.2 | 0.5 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.1 | 0.0 | 0.0 |
| Stock-Based Compensation | 12.2 | 27.3 | 0 | 15.6 | 15.9 | 8.6 | 14.8 | 18.4 | 18.4 | 22.8 | 13.9 | 25.8 | 26.0 | 25.8 | 26.2 | 26.0 | 28.1 | 28.0 | 12.4 | 11.1 | 9.9 | 9.5 | 8.2 | 6.9 | 6.1 | 1.9 | 1.8 | 1.2 | 1.2 | 1.1 | 0.8 | 0.7 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 |
| Change in Working Capital | (0.3) | (2.5) | 8.0 | (2.5) | 3.8 | (1.3) | 1.3 | (6.6) | (21.8) | (2.5) | (3.7) | 6.4 | (7.6) | (12.8) | (4.7) | 7.2 | 22.2 | 3.8 | 1.0 | 5.9 | 3.7 | 7.9 | 1.5 | 5.1 | 0.3 | 1.9 | 2.8 | (2.8) | (0.5) | (0.7) | 0.4 | (0.2) | (6.0) | 4.6 | (1.2) | 0.0 | 0.0 |
| Other Non-Cash Items | 0 | (6.0) | 14.0 | 0 | 1.9 | 0 | 0 | 0.2 | 0.1 | 34.0 | 0.3 | (0.6) | (0.5) | (0.9) | (0.4) | (0.3) | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | (0.1) | 0.0 | (0.0) | (0.1) | (0.1) | (0.0) | 0.2 | 2.0 | 1.9 | 1.5 | 0.8 | 0.6 | 0.0 | 0.0 |
| Operating Cash Flow | (40.0) | (39.4) | (32.9) | (34.7) | (29.1) | (30.1) | (21.2) | (26.5) | (39.6) | (32.2) | (32.8) | (42.0) | (47.2) | (55.1) | (53.1) | (55.1) | (43.2) | (59.0) | (51.9) | (36.7) | (34.6) | (27.0) | (24.6) | (13.9) | (17.9) | (11.3) | (7.7) | (12.9) | (7.2) | (8.3) | (5.0) | (4.4) | (11.3) | (4.9) | (5.0) | (0.0) | (0.0) |
| Investing Activities | |||||||||||||||||||||||||||||||||||||
| Capital Expenditure | (0.9) | (0.0) | (0.1) | (0.1) | (0.3) | (0.1) | (0.2) | (0.0) | (0.0) | (27.5) | (0.2) | (1.5) | (12.2) | (5.6) | (7.3) | (16.2) | (18.3) | (10.9) | (31.7) | (14.0) | (6.8) | (5.1) | (1.6) | (0.1) | (0.2) | 40.1 | (5.3) | (35.2) | (0.0) | (0.5) | (0.0) | (0.0) | 0 | (0.1) | (0.1) | (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 | 127.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | 0 | 0 | 0 | 0 | 0 | 0 | (0.4) | 0 | 0 | 0 | 0 | 0 | (49.3) | 0 | 0 | (427.8) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (86.3) | (127.1) | (5.2) | (11.2) | (23.9) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.3) | 0 | 105 | 235 | 72.6 | 66 | 0 | 0 | 0 | 0 | 8.5 | 16 | 64.0 | 58.0 | 56.9 | 19.3 | (2.4) | 4.8 | 12 | (0.0) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 0 | 0 | 0 | 0 | 0 | 0.4 | (0.2) | (0.1) | 0 | 0 | 0.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.1) | (151.0) | (0.0) | 35.9 | 0.0 | (0.5) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investing Cash Flow | (0.9) | (0.0) | (0.1) | (0.1) | (0.3) | (0.1) | (0.2) | (0.3) | (0.2) | (27.8) | (0.2) | 103.8 | 173.4 | 67.0 | 58.7 | (444.0) | (18.3) | (10.9) | (31.7) | (5.5) | 9.2 | 58.9 | 56.4 | 56.8 | (67.2) | (113.3) | (0.5) | 0.7 | (23.9) | (0.5) | (0.0) | (0.0) | 0 | (0.1) | (0.1) | (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 | 0 | 0 | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | 33.0 | (0.0) | 10.0 | 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 | 611.7 | 0 | 0 | 0 | (0.1) | 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 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.2) | (0.0) | (0.0) | (0.0) | 0.2 | (0.0) | (0.0) | (0.0) | 2.5 | 2.0 | (0.0) | (0.0) | 4.5 | (0.0) | (99.9) | 99.6 | 2.3 | 0.3 | (0.0) | (0.0) | 1.9 | (1.1) | (0.7) | (0.3) | (0.0) | (0.2) | (0.0) | (0.0) |
| Financing Cash Flow | 0.6 | 177.2 | 0.8 | 0.1 | 0.1 | 0.4 | 0 | 0.1 | 0.0 | (0.1) | (0.0) | 0.2 | (0.0) | 0.1 | 0.1 | 0.1 | 1.7 | 2.2 | 2.0 | 2.5 | 1.5 | 616.3 | 0.8 | 0.5 | 99.8 | 299.3 | 0.3 | 0.0 | 0.0 | 85.5 | (1.0) | (0.7) | 32.7 | (0.1) | 9.8 | (0.0) | (0.0) |
| Cash Position | |||||||||||||||||||||||||||||||||||||
| Net Change in Cash | (40.3) | 137.8 | (32.1) | (34.7) | (29.2) | (29.8) | (21.4) | (26.7) | (39.6) | (60.2) | (33.0) | 62.1 | 126.2 | 12.0 | 5.7 | (499.0) | (59.8) | (67.7) | (81.6) | (39.6) | (23.9) | 648.1 | 21.7 | 43.4 | 14.7 | 174.8 | (7.9) | (12.3) | (31.0) | 76.7 | (6.1) | (5.2) | 21.4 | (5.0) | 4.7 | (0.0) | (0.0) |
| Cash at Beginning | 216.0 | 78.2 | 104.2 | 145.0 | 174.3 | 204.0 | 225.4 | 245.9 | 285.5 | 345.7 | 385.0 | 316.6 | 190.4 | 184.7 | 172.7 | 671.7 | 731.5 | 805.6 | 887.2 | 920.5 | 944.4 | 302.6 | 269.8 | 226.5 | 211.9 | 37.2 | 45.1 | 57.4 | 88.4 | 11.7 | 17.8 | 23.0 | 1.5 | 6.5 | 1.9 | 0.0 | 0 |
| Cash at End | 175.7 | 216.0 | 72.0 | 110.3 | 145.0 | 174.3 | 204.0 | 219.2 | 245.9 | 285.5 | 352.0 | 378.7 | 316.6 | 196.8 | 178.4 | 172.7 | 671.7 | 737.8 | 805.6 | 880.9 | 920.5 | 950.7 | 291.6 | 269.8 | 226.6 | 211.9 | 37.2 | 45.1 | 57.4 | 88.4 | 11.7 | 17.8 | 23.0 | 1.5 | 6.5 | 0.0 | (0.0) |
| Free Cash Flow | (41.0) | (39.4) | (32.9) | (34.8) | (29.3) | (30.2) | (21.4) | (26.5) | (39.6) | (59.7) | (33.0) | (43.4) | (59.5) | (60.7) | (60.4) | (71.3) | (61.4) | (69.9) | (83.7) | (50.6) | (41.4) | (32.2) | (26.2) | (14.0) | (18.1) | 28.8 | (13.0) | (48.1) | (7.2) | (8.9) | (5.0) | (4.5) | (11.3) | (4.9) | (5.1) | (0.0) | (0.0) |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 0 | 0 | 0 | 0 | 0 | (6.7) | (6.7) | (6.7) | (6.6) | (6.7) | (7.0) | (6.7) | (5.7) | (3.3) | (2.9) | (2.6) | (2.2) | (2.2) | (2.2) | (2.2) | (2.2) | 0 | 0 | 0 | (0.2) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | (59.8) | (57.5) | (62.4) | (55.5) | (59.1) | (46.2) | (46.6) | (48.0) | (46.1) | (63.4) | (54.5) | (84.8) | (74.6) | (74.1) | (79.5) | (92.1) | (95.8) | (93.0) | (67.5) | (55.9) | (50.6) | (46.8) | (36.7) | (26.8) | (25.7) | (16.2) | (12.7) | (11.8) | (8.5) | (9.4) | (6.4) | (5.1) | (5.5) | (9.8) | (4.0) | (5.9) | (5.9) |
| Net Income | (58.2) | (56.7) | (61.5) | (54.3) | (57.5) | (44.1) | (43.9) | (45.1) | (43.0) | (59.5) | (50.0) | (80.2) | (70.8) | (70.4) | (77.0) | (90.6) | (95.7) | (93.2) | (67.5) | (55.9) | (50.4) | (46.6) | (36.1) | (26.0) | (24.4) | (15.6) | (12.4) | (11.4) | (8.0) | (14.7) | (10.5) | (7.4) | (8.9) | (11.6) | (4.6) | (5.9) | (5.9) |
| EPS (Diluted) | -0.94 | -1.04 | -1.16 | -1.03 | -1.09 | -0.84 | -0.84 | -0.86 | -0.82 | -1.13 | -0.95 | -1.53 | -1.35 | -1.35 | -1.47 | -1.74 | -1.83 | -1.79 | -1.30 | -1.08 | -0.98 | -0.97 | -0.80 | -0.58 | -0.54 | -0.40 | -0.33 | -0.31 | -0.21 | -0.40 | -0.30 | -0.21 | -0.34 | -0.44 | -0.17 | -0.79 | -0.79 |
| Balance Sheet | |||||||||||||||||||||||||||||||||||||
| Cash & Equivalents | 169.5 | 209.9 | 72.0 | 104.2 | 138.9 | 168.1 | 197.9 | 219.2 | 245.9 | 285.5 | 345.7 | 378.7 | 316.6 | 190.4 | 178.4 | 172.7 | 671.7 | 731.5 | 799.2 | 880.9 | 920.5 | 944.4 | 291.6 | 269.8 | 226.5 | 211.8 | 37.0 | 45.0 | 57.2 | 88.3 | 11.6 | 17.6 | (1.4) | 1.4 | (9.6) | ||
| Total Assets | 306.0 | 351.5 | 218.1 | 256.7 | 297.9 | 335.6 | 372.7 | 401.6 | 434.8 | 479.4 | 547.7 | 589.7 | 640.3 | 666.6 | 724.0 | 781.9 | 850.3 | 904.2 | 958.2 | 997.6 | 1,032.7 | 1,067.3 | 480.7 | 429.4 | 443.0 | 358.9 | 68.9 | 78.3 | 87.1 | 92.2 | 17.1 | 21.7 | 0 | 3.2 | 0 | ||
| Total Debt | 56.0 | 59.2 | 62.2 | 65.2 | 67.6 | 70.3 | 73.4 | 75.8 | 178.3 | 181.6 | 183.5 | 184.8 | 86.8 | 187.7 | 187.8 | 187.0 | 181.4 | 179.9 | 178.9 | 178.2 | 77.7 | 77.4 | 77.3 | 1.7 | 1.8 | 1.9 | 2.0 | 2.1 | 2.3 | 0 | 41.5 | 0.1 | 0 | 10.1 | 0 | ||
| Stockholders' Equity | 112.1 | 157.4 | 23.7 | 70.3 | 108.8 | 150.3 | 185.4 | 214.5 | 241.2 | 265.8 | 302.4 | 338.5 | 392.6 | 436.2 | 479.5 | 530.9 | 597.4 | 663.3 | 726.3 | 779.4 | 821.7 | 860.8 | 281.8 | 309.2 | 327.7 | 345.4 | 59.7 | 70.0 | 80.1 | 86.8 | (93.8) | 16.7 | (16.4) | (68.7) | 8.9 | ||
| Cash Flow | |||||||||||||||||||||||||||||||||||||
| Operating Cash Flow | (40.0) | (39.4) | (32.9) | (34.7) | (29.1) | (30.1) | (21.2) | (26.5) | (39.6) | (32.2) | (32.8) | (42.0) | (47.2) | (55.1) | (53.1) | (55.1) | (43.2) | (59.0) | (51.9) | (36.7) | (34.6) | (27.0) | (24.6) | (13.9) | (17.9) | (11.3) | (7.7) | (12.9) | (7.2) | (8.3) | (5.0) | (4.4) | (11.3) | (4.9) | (5.0) | (0.0) | (0.0) |
| Capital Expenditure | (0.9) | (0.0) | (0.1) | (0.1) | (0.3) | (0.1) | (0.2) | (0.0) | (0.0) | (27.5) | (0.2) | (1.5) | (12.2) | (5.6) | (7.3) | (16.2) | (18.3) | (10.9) | (31.7) | (14.0) | (6.8) | (5.1) | (1.6) | (0.1) | (0.2) | 40.1 | (5.3) | (35.2) | (0.0) | (0.5) | (0.0) | (0.0) | 0 | (0.1) | (0.1) | (0.0) | (0.0) |
| Free Cash Flow | (41.0) | (39.4) | (32.9) | (34.8) | (29.3) | (30.2) | (21.4) | (26.5) | (39.6) | (59.7) | (33.0) | (43.4) | (59.5) | (60.7) | (60.4) | (71.3) | (61.4) | (69.9) | (83.7) | (50.6) | (41.4) | (32.2) | (26.2) | (14.0) | (18.1) | 28.8 | (13.0) | (48.1) | (7.2) | (8.9) | (5.0) | (4.5) | (11.3) | (4.9) | (5.1) | (0.0) | (0.0) |