nLIGHT, Inc. logo LASR - nLIGHT, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
1
BUY 11
HOLD 1
SELL 0
STRONG
SELL
0
| PRICE TARGET: $86.50 DETAILS
HIGH: $100.00
LOW: $80.00
MEDIAN: $83.00
CONSENSUS: $86.50
UPSIDE: 5.95%
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 80.2 81.2 66.7 61.7 51.7 47.4 56.1 50.5 44.5 51.9 50.6 53.3 54.1 56.7 60.1 60.8 64.5 67.5 72.2 69.1 61.3 65.7 61.7 52.1 43.2 42.9 43.8 48.0 41.9 46.2 51.0 51.7 42.5 37.5 36.5 34.7 29.9
Cost of Revenue 53.7 56.2 46.0 43.3 37.9 46.2 43.6 38.7 37.0 42.1 40.7 41.2 39.8 50.9 46.6 45.4 48.3 49.5 50.8 48.8 43.7 46.1 44.6 39.1 33.7 32.9 30.9 32.2 28.3 29.7 33.0 34.0 27.7 25.2 24.2 24.0 20.9
Gross Profit 26.5 25.0 20.8 18.5 13.8 1.1 12.6 11.8 7.5 9.8 9.9 12.1 14.3 5.8 13.5 15.4 16.2 17.9 21.4 20.3 17.6 19.6 17.2 13.1 9.5 10.0 13.0 15.9 13.5 16.5 18.0 17.7 14.7 12.3 12.3 10.7 9.0
Operating Expenses
R&D Expenses 11.8 14.1 11.5 11.0 11.4 11.4 11.3 11.7 10.7 12.1 10.7 12.0 11.3 13.6 12.7 13.8 13.7 14.0 14.8 14.3 11.7 12.0 11.1 9.5 8.5 8.8 6.4 6.5 6.4 6.4 5.5 4.9 4.3 3.5 3.8 4.0 3.7
SG&A Expenses 15.1 15.7 14.8 11.7 12.0 11.9 13.0 12.8 11.5 11.2 11.7 11.8 11.2 11.8 13.7 11.9 10.8 12.6 13.3 15.1 11.7 11.9 10.0 9.6 7.7 10.1 7.3 8.6 8.1 7.9 7.5 7.2 6.2 6.1 3.9 4.8 4.6
Other Expenses 0 0.6 1.7 0 0 4.3 0 0 0 0.8 0 0 0 3.9 0 0 0 0 0 0 0 0 0 0 0 0 0.1 0 0 0 0 (0.0) 0.1 0.0 0 0 0
Operating Expenses 26.9 30.4 28.1 22.7 23.4 27.6 24.3 24.5 22.2 24.1 22.5 23.8 22.5 29.3 26.5 25.7 24.5 26.6 28.2 29.3 23.4 23.9 21.1 19.1 16.2 19.0 13.7 15.1 14.6 14.3 13.0 12.1 10.5 9.6 7.7 8.8 8.4
Operating Income
Operating Income (0.4) (5.4) (7.3) (4.2) (9.6) (26.4) (11.8) (12.7) (14.7) (14.3) (12.5) (11.7) (8.2) (23.5) (13.0) (10.3) (8.3) (8.7) (6.8) (9.0) (5.8) (4.3) (4.0) (6.0) (6.7) (9.0) (0.7) 0.8 (1.1) 2.2 5.1 5.5 4.2 2.7 4.6 1.9 0.6
Interest Expense 0.3 0.3 1.1 0.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0.0 0.0 0.1 0.0 0.1 0.1 0 0 0 0 0 0 0 0.0 0.2 0.2 0.1 0.5 0.5
Interest Income 1.6 1.0 1.1 1.1 1.6 0.4 0.4 0.5 0.5 0.4 0.3 0.3 0.3 0.3 0.2 0.1 0 0 0 0 0 0 0 0 0.3 0.5 0.7 0.7 0.8 0.7 0.3 0 0 0 0 0 0
Profitability
EBITDA 2.9 (0.6) (2.1) 0.2 (5.9) (17.3) (7.5) (8.6) (10.3) (9.5) (8.5) (7.7) (4.2) (15.5) (8.9) (6.5) (4.6) (4.9) (2.9) (5.3) (2.0) (0.5) (0.5) (2.8) (3.6) (6.2) 1.6 2.9 1.2 4.2 7.3 7.7 6.2 4.8 6.5 3.9 2.6
EBIT (0.4) (4.3) (5.5) (3.2) (9.6) (22.1) (11.8) (12.7) (14.7) (13.5) (12.5) (11.7) (8.2) (19.6) (13.0) (10.3) (8.3) (8.7) (6.8) (9.0) (5.8) (4.3) (4.0) (6.0) (6.7) (9.0) (0.7) 0.6 (1.1) 3.1 4.8 5.5 4.2 2.7 4.6 1.3 0.4
Income Before Tax 0.7 (4.6) (6.6) (3.6) (8.0) (25.6) (10.1) (11.6) (13.6) (13.2) (11.7) (10.3) (7.5) (22.8) (12.8) (10.4) (8.3) (8.6) (6.7) (8.9) (5.8) (4.0) (3.6) (6.4) (6.6) (8.0) 0.1 0.6 0.5 3.1 4.8 5.5 4.1 2.5 3.5 0.8 (0.1)
Income Tax Expense 0.1 0.3 0.3 0.0 0.1 (0.6) 0.3 0.1 0.1 0.0 0.2 (1.5) 0.3 (0.1) 0.1 (0.0) 0.3 0.1 0.2 (1.0) 0.3 0.5 (1.5) 0.4 0.9 2.7 0.8 0.8 1.8 0.8 0.8 0.8 1.1 1.4 1.2 1.1 1.2
Net Income 0.6 (4.9) (6.9) (3.6) (8.1) (25.0) (10.3) (11.7) (13.8) (13.2) (11.9) (8.8) (7.7) (22.7) (13.0) (10.3) (8.6) (8.8) (6.9) (7.9) (6.1) (4.5) (2.1) (6.8) (7.5) (10.7) (0.8) (0.2) (1.2) 2.4 4.0 4.7 2.9 1.1 2.2 (0.3) (1.2)
Per Share Data
EPS (Basic) 0.01 -0.10 -0.14 -0.07 -0.16 -0.52 -0.21 -0.25 -0.29 -0.28 -0.26 -0.19 -0.17 -0.50 -0.29 -0.23 -0.20 -0.20 -0.16 -0.19 -0.15 -0.12 -0.05 -0.18 -0.20 -0.29 -0.02 -0.00 -0.03 0.06 0.11 0.13 0.09 0.04 0.09 -0.01 -0.05
EPS (Diluted) 0.01 -0.10 -0.14 -0.07 -0.16 -0.52 -0.21 -0.25 -0.29 -0.28 -0.26 -0.19 -0.17 -0.50 -0.29 -0.23 -0.20 -0.20 -0.16 -0.19 -0.15 -0.12 -0.05 -0.18 -0.20 -0.29 -0.02 -0.00 -0.03 0.06 0.10 0.11 0.09 0.04 0.08 -0.01 -0.04
Shares Outstanding 54.1 50.9 49.7 49.6 49.1 47.9 48.1 47.7 47.2 46.7 46.4 45.7 45.7 45.0 44.8 44.2 43.7 43.3 42.9 41.5 40.0 38.9 38.6 38.2 37.4 37.5 37.3 37.1 36.7 36.4 35.0 24.5 33.0 25.8 25.8 25.8 25.8
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 298.2 98.7 81.1 78.8 82.2 65.8 41.5 49.4 61.3 53.2 52.1 41.8 48.4 57.8 62.2 70.6 134.9 146.5 165.6 175.4 185.6 102.3 110.2 120.9 116.2 117.3 138.9 142.7 142.4 149.5 168.2 129.7 28.6 36.7 (13.5)
Short-Term Investments 34.4 34.9 34.7 34.9 34.5 34.9 65.2 65.2 59.8 59.7 59.5 59.9 60.0 50.4 50.2 50 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 27
Net Receivables 48.1 50.8 49.3 44.4 36.6 34.9 40.3 32.2 27.5 39.6 35.5 46.3 36.1 37.9 43.8 45.9 36.9 51.2 36.5 36.8 31.7 37.5 23.5 23.9 26.9 30.0 28.8 30.8 30.2 26.5 21.3 21.7 18.2 14.6 0
Inventory 43.9 45.4 51.5 48.3 43.8 40.8 48.8 52.3 53.0 52.2 61.6 64.9 67.2 67.6 80.7 80.2 77.2 73.7 70.7 63.3 58.8 54.7 53.4 50.6 49.5 46.1 45.7 42.3 40.8 35.3 36.2 35.3 35.4 29.6 0
Other Current Assets 21.5 13.3 11.8 16.4 18.7 17.7 15.0 13.4 17.6 15.9 15.7 16.1 21.6 10.4 0 0 0 0.1 0 0 0 0.4 0 0 0 0.2 4.7 4.1 0.1 7.3 7.8 8.4 6.1 0.1 0
Total Current Assets 446.1 243.2 228.4 222.9 215.8 194.1 210.8 212.5 219.2 220.6 224.4 229.0 233.3 230.8 251.0 261.4 269.5 277.2 290.0 287.1 285.6 200.6 200.0 205.3 199.8 198.6 218.1 219.8 219.2 218.6 233.5 195.0 88.3 84.6 13.5
Non-Current Assets
Property, Plant & Equipment 55.2 57.1 54.4 55.7 56.8 57.8 59.2 61.4 63.0 64.9 67.0 70.7 72.9 74.6 77.7 77.6 76.0 73.1 69.5 67.3 66.8 59.4 55.8 54.7 50.0 27.7 25.8 24.6 22.1 21.5 20.3 19.5 19.8 20.2 0
Goodwill 12.4 12.4 12.4 12.4 12.4 12.4 12.4 12.4 12.4 12.4 12.4 12.4 12.4 12.4 12.3 12.4 12.4 12.4 12.4 12.5 12.4 12.5 12.5 10.0 10.0 9.9 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 0
Intangible Assets 0 0 0.4 0.5 0.7 0.8 1.0 1.1 1.3 1.7 2.2 2.8 3.4 4.0 4.7 5.3 6.0 6.7 5.6 6.5 7.4 8.3 9.1 8.8 9.4 10.0 3.1 3.0 2.8 2.7 2.6 2.4 2.4 1.8 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 (0.1) (3.1) (3.1) (3.1) (3.1) 0 0 0 0 0
Other Non-Current Assets 2.0 1.6 2.7 3.7 4.4 5.2 8.0 6.9 7.0 7.3 6.9 7.1 7.8 7.5 2.9 3.8 4.1 4.1 4.4 5.3 2.8 2.8 2.9 2.5 2.5 3.7 7.1 6.8 6.0 6.0 4.2 4.6 4.3 0.3 (13.5)
Total Non-Current Assets 69.6 74.9 70.3 72.4 74.2 76.2 80.5 81.8 83.6 86.2 88.5 92.9 96.5 98.5 97.6 99.1 98.4 96.4 91.9 91.5 89.4 83.1 80.4 76.1 72.0 51.4 37.4 35.8 32.3 31.5 28.5 28.0 27.9 25.6 (13.5)
Total Assets 515.7 318.1 298.7 295.3 290.0 270.2 291.3 294.3 302.8 306.8 312.8 321.9 329.8 329.2 348.6 360.5 367.9 373.6 382.0 378.6 375.1 283.6 280.4 281.4 271.8 250.0 255.5 255.6 251.5 250.1 262.0 223.0 116.2 110.1 0
Current Liabilities
Account Payables 19.1 20.9 16.9 18.4 16.9 15.1 16.5 13.4 13.9 12.2 14.3 17.6 17.8 17.5 19.8 23.3 23.1 26.3 31.9 25.7 23.6 21.1 24.4 20.3 17.2 12.7 15.5 13.4 14.0 12.1 13.8 16.1 15.6 12.9 0
Short-Term Debt 22.9 22.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.2 0.1 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 4.6 3.5 2.4 0
Deferred Revenue 4.1 1.5 2.3 2.5 2.9 3.6 2.9 5.7 7.6 4.8 2.0 1.4 1.3 1.4 1.7 2.0 1.0 1.6 1.6 2.7 2.6 2.5 2.1 2.2 2.0 0.7 0.5 0.6 0.1 0.7 0.6 1.5 1.3 1.0 0
Other Current Liabilities 16.9 4.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3.2 3.4 3.5 3.8 4.0 4.9 4.6 5.9 5.5 0
Total Current Liabilities 63.0 64.2 40.5 39.6 37.2 34.2 36.1 34.8 38.3 32.8 33.6 36.1 36.7 34.5 38.7 41.5 40.6 45.8 52.1 46.8 42.9 41.4 43.7 37.2 31.3 25.0 25.8 24.7 24.1 23.6 25.6 34.0 32.2 28.9 0
Non-Current Liabilities
Long-Term Debt 12.7 0 20 20 20 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0.0 0.2 0.2 15 15 0 0 0.0 0.0 0.0 16.1 12.8 14.0 15.1 0
Deferred Tax Liabilities 0 2.9 0 0 0 0 0 0 0 0 0 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 10.7 5.3 10.7 10.1 10.0 9.8 9.9 9.5 9.2 8.7 8.3 8.3 11.3 11.0 10.5 11.0 11.5 11.1 11.0 11.6 12.2 11.8 11.0 9.0 8.2 8.3 8.5 8.9 8.8 8.7 6.9 6.0 5.4 4.9 0
Total Non-Current Liabilities 23.4 27.1 39.7 39.7 40.1 19.6 19.9 19.9 20.2 19.6 19.7 20.4 23.9 23.9 24.0 25.1 26.7 25.7 25.9 27.1 28.1 22.4 20.6 32.9 27.6 8.3 8.5 8.9 8.8 8.8 23.0 18.8 19.4 20.0 0
Total Liabilities 86.5 91.4 80.2 79.3 77.2 53.8 56.0 54.8 58.5 52.4 53.3 56.5 60.6 58.4 62.7 66.6 67.3 71.5 78.0 73.9 71.0 63.7 64.3 70.0 58.8 33.4 34.2 33.7 32.9 32.3 48.6 52.8 51.6 48.9 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 0
Retained Earnings (347.9) (348.6) (343.7) (336.8) (333.2) (325.1) (300.1) (289.8) (278.1) (264.3) (251.1) (239.2) (230.4) (222.6) (200.0) (187.0) (176.7) (168.1) (159.3) (152.4) (144.5) (138.4) (133.9) (131.8) (124.9) (117.5) (106.7) (106.0) (105.8) (104.7) (107.1) (111.1) (115.8) (118.7) 0
Accumulated Other Comprehensive Income (3.3) (3.1) (3.0) (3.0) (3.7) (3.3) (2.4) (2.5) (2.6) (2.5) (3.2) (3.1) (2.2) (2.7) (4.1) (2.6) (0.7) (0.6) (0.8) (0.4) (0.9) (0.3) (1.8) (2.8) (3.2) (2.7) (3.2) (2.1) (2.4) (2.2) (2.0) (1.4) 0.2 (0.7) 29.7
Total Stockholders' Equity 429.2 226.7 218.5 216.0 212.8 216.4 235.3 239.5 244.4 254.4 259.5 265.4 269.2 270.8 285.8 293.9 300.6 302.1 304.0 304.6 304.1 219.9 216.1 211.3 212.9 216.6 221.2 221.9 218.7 217.8 213.4 170.2 64.6 61.3 29.7
Total Liabilities & Equity 515.7 318.1 298.7 295.3 290.0 270.2 291.3 294.3 302.8 306.8 312.8 321.9 329.8 329.2 348.6 360.5 367.9 373.6 382.0 378.6 375.1 283.6 280.4 281.4 271.8 250.0 255.5 255.6 251.5 250.1 262.0 223.0 116.2 110.1 29.7
Debt Metrics
Total Debt 35.6 36.2 31.3 32.0 32.6 12.1 12.6 13.4 14.2 14.2 14.5 15.2 15.6 15.6 16.2 17.1 18.3 17.7 17.8 18.5 18.6 13.0 12.1 26.4 22.2 0.1 0.1 0.1 0.1 0.1 16.2 17.4 17.4 17.5 0
Net Debt (262.6) (62.5) (49.8) (46.8) (49.6) (53.7) (28.8) (36.0) (47.1) (39.1) (37.6) (26.6) (32.8) (42.2) (46.0) (53.5) (116.6) (128.9) (147.8) (156.9) (167.0) (89.2) (98.1) (94.5) (94.1) (117.2) (138.8) (142.6) (142.2) (149.4) (152.0) (112.3) (11.2) (19.2) 13.5
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 0.6 (4.9) (6.9) (3.6) (8.1) (25.0) (10.3) (11.7) (13.8) (13.2) (11.9) (8.8) (7.7) (22.7) (13.0) (10.3) (8.6) (8.8) (6.9) (7.9) (6.1) (4.5) (2.1) (6.8) (7.5) (10.7) (0.8) (0.2) (1.2) 2.4 4.0 4.7 2.9 1.1 2.2 (0.3) (1.2)
Depreciation & Amortization 3.4 3.7 3.3 3.0 3.7 4.8 4.3 4.1 4.4 4.0 4.0 4.0 4.0 4.7 4.1 3.8 3.7 3.7 3.9 3.7 3.7 3.8 3.5 3.3 3.2 2.8 2.3 2.3 2.2 2.0 2.2 2.2 1.9 2.1 1.9 2.0 1.9
Stock-Based Compensation 0 11.6 9.4 6.4 6.1 6 6.5 7.0 5.4 6.2 6.6 7.5 0 0 7.5 6.7 6.6 8.0 10.1 11.6 8.1 0 6.7 6.0 3.8 4.4 1.1 2.4 1.9 1.9 1.9 0.8 0.2 0.1 0.1 0.1 0.1
Change in Working Capital (6.0) (8.0) (2.7) (7.5) (0.5) 9.2 (7.8) (4.7) 15.3 3.0 13.2 (7.1) (1.1) 8.9 (2.0) (5.6) (9.5) (14.0) (8.3) (9.3) (2.2) (10.6) (1.1) 4.9 (1.3) (1.4) (3.3) (0.7) (7.9) (3.8) (3.4) (5.9) (9.2) 0.3 (6.3) 3.3 (4.7)
Other Non-Cash Items 11.7 15.1 2.1 0.2 (1.1) 1.7 1.8 1.1 0.1 0.3 1.2 0.3 5.5 9.0 0.6 0.7 0.9 0.8 0.8 0.8 0.7 9.7 0.8 0.7 0.8 2.6 0.0 0.0 0.0 0.1 (0.2) 0.1 0.1 (0.4) 0.9 0.0 0.1
Operating Cash Flow 9.7 17.5 5.2 (1.4) (0.0) (3.9) (5.6) (4.2) 11.4 0.4 13.2 (4.1) 0.6 0.0 (2.8) (4.8) (7.0) (10.1) (0.4) (1.0) 4.1 (1.7) 7.7 8.1 (1.1) (2.3) (0.7) 3.8 (4.9) 1.2 4.5 1.8 (4.2) 3.2 (1.1) 5.1 (3.7)
Investing Activities
Capital Expenditure (2.1) (1.6) (2.8) (2.4) (2.3) (2.6) (1.6) (2.1) (1.6) (1.0) (2.7) (1.0) (0.7) (4.9) (3.7) (8.0) (5.1) (7.6) (5.8) (5.0) (3.2) (4.0) (2.4) (2.2) (15.5) (3.6) (3.1) (4.2) (2.7) (3.1) (2.9) (2.4) (3.4) (2.5) (1.3) (1.1) (0.7)
Acquisitions 0 0.4 0.0 0.4 0 0 0 0 0 (8.8) (0.4) 0 0 0 (0.7) 0 0 0 0 0 (0.3) (0.0) (0.2) 0 0.0 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments (34.2) (9.9) (34.4) 0 (34.3) 0 (34.1) (30.1) (24.4) (24.9) (43.7) (24.9) (34.4) (50.0) 0 (50) 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 34.9 9.9 34.3 0 34.1 30.2 33.8 24.9 24.4 24.9 44.1 25.1 25.0 50.0 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 (0.3) 0 0 0 0 0 0 0 8.8 0.4 0 0 0 (0.1) (0.1) (0.1) (1.9) (0.1) (0.1) (0.1) 0 0 (0.3) 0 (16.8) 0.0 (0.4) (0.5) 0.0 0 0.0 0 0 0 0 0.0
Investing Cash Flow (1.4) (1.5) (2.9) (1.9) (2.4) 27.6 (2.0) (7.4) (1.5) (0.9) (2.3) (0.8) (10.0) (4.9) (4.3) (58.0) (5.1) (7.6) (5.8) (5.0) (3.5) (4.3) (2.6) (2.2) (15.5) (20.4) (3.1) (4.2) (2.7) (3.0) (2.9) (2.4) (3.4) (2.5) (1.3) (1.1) (0.7)
Financing Activities
Net Debt Issuance 0 0 0 0 20 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.0) (0.0) (0.4) 0.0 (15.8) (0.0) 15.0 0.0 (0.0) (0.0) (0.0) (16.1) (1.2) (0.0) (0.0) (0.0) (0.5) (2.3) (0.3)
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) (0.5) 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 (0.2) 0.0 (0.0) (1.7) (1.4) 1.1 (0.6) (0.2) (1.6) (0.3) (0.5) (1.5) (0.2) (0.9) (1.0) (1.2) 0.6 (1.3) (3.5) (3.9) 0.5 (3.1) (1.2) (1.2) (0.0) 1.2 0.1 0.7 0.5 0.2 0.0 102.1 (0.5) (0.1) 0.2 27.6 0.1
Financing Cash Flow 191.2 1.6 0.0 (0.3) 18.8 1.1 (0.6) (0.2) (1.6) 1.2 (0.5) (1.5) (0.0) 0.3 (1.0) (1.2) 0.6 (1.3) (3.5) (4.4) 82.9 (2.1) (16.0) (1.2) 15.5 1.2 0.1 0.7 0.4 (16.7) 36.5 102.0 (0.5) (0.2) (0.4) 25.3 (0.3)
Cash Position
Net Change in Cash 199.5 17.6 2.3 (3.4) 16.4 24.4 (7.9) (11.9) 8.1 1.1 10.3 (6.6) (9.4) (4.4) (8.4) (64.3) (11.6) (19.1) (9.8) (10.3) 83.3 (7.9) (10.7) 4.6 (1.0) (21.6) (3.8) 0.3 (7.1) (18.7) 38.5 101.1 (8.1) 0.6 (2.7) 29.9 (4.6)
Cash at Beginning 98.7 81.4 78.8 82.5 66.1 41.7 49.6 61.6 53.2 52.1 42.1 48.7 57.8 62.2 70.9 135.2 146.8 165.8 175.6 185.9 102.6 110.2 120.9 116.3 117.3 138.9 142.7 142.4 149.5 168.2 129.7 28.6 36.7 36.1 38.8 8.9 13.5
Cash at End 298.2 99.0 81.1 79.1 82.5 66.1 41.7 49.6 61.3 53.2 52.3 42.1 48.4 57.8 62.4 70.9 135.2 146.8 165.8 175.6 185.9 102.3 110.2 120.9 116.2 117.3 138.9 142.7 142.4 149.5 168.2 129.7 28.6 36.7 36.1 38.8 8.9
Free Cash Flow 7.6 15.9 2.4 (3.8) (2.3) (6.5) (7.2) (6.4) 9.8 (0.5) 10.4 (5.1) (0.0) (4.9) (6.5) (12.7) (12.1) (17.8) (6.2) (6.0) 0.9 (5.7) 5.3 5.9 (16.6) (6.0) (3.8) (0.4) (7.7) (1.9) 1.6 (0.6) (7.6) 0.8 (2.4) 4.0 (4.5)
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 80.2 81.2 66.7 61.7 51.7 47.4 56.1 50.5 44.5 51.9 50.6 53.3 54.1 56.7 60.1 60.8 64.5 67.5 72.2 69.1 61.3 65.7 61.7 52.1 43.2 42.9 43.8 48.0 41.9 46.2 51.0 51.7 42.5 37.5 36.5 34.7 29.9
Gross Profit 26.5 25.0 20.8 18.5 13.8 1.1 12.6 11.8 7.5 9.8 9.9 12.1 14.3 5.8 13.5 15.4 16.2 17.9 21.4 20.3 17.6 19.6 17.2 13.1 9.5 10.0 13.0 15.9 13.5 16.5 18.0 17.7 14.7 12.3 12.3 10.7 9.0
Operating Income (0.4) (5.4) (7.3) (4.2) (9.6) (26.4) (11.8) (12.7) (14.7) (14.3) (12.5) (11.7) (8.2) (23.5) (13.0) (10.3) (8.3) (8.7) (6.8) (9.0) (5.8) (4.3) (4.0) (6.0) (6.7) (9.0) (0.7) 0.8 (1.1) 2.2 5.1 5.5 4.2 2.7 4.6 1.9 0.6
Net Income 0.6 (4.9) (6.9) (3.6) (8.1) (25.0) (10.3) (11.7) (13.8) (13.2) (11.9) (8.8) (7.7) (22.7) (13.0) (10.3) (8.6) (8.8) (6.9) (7.9) (6.1) (4.5) (2.1) (6.8) (7.5) (10.7) (0.8) (0.2) (1.2) 2.4 4.0 4.7 2.9 1.1 2.2 (0.3) (1.2)
EPS (Diluted) 0.01 -0.10 -0.14 -0.07 -0.16 -0.52 -0.21 -0.25 -0.29 -0.28 -0.26 -0.19 -0.17 -0.50 -0.29 -0.23 -0.20 -0.20 -0.16 -0.19 -0.15 -0.12 -0.05 -0.18 -0.20 -0.29 -0.02 -0.00 -0.03 0.06 0.10 0.11 0.09 0.04 0.08 -0.01 -0.04
Balance Sheet
Cash & Equivalents 298.2 98.7 81.1 78.8 82.2 65.8 41.5 49.4 61.3 53.2 52.1 41.8 48.4 57.8 62.2 70.6 134.9 146.5 165.6 175.4 185.6 102.3 110.2 120.9 116.2 117.3 138.9 142.7 142.4 149.5 168.2 129.7 28.6 36.7 (13.5)
Total Assets 515.7 318.1 298.7 295.3 290.0 270.2 291.3 294.3 302.8 306.8 312.8 321.9 329.8 329.2 348.6 360.5 367.9 373.6 382.0 378.6 375.1 283.6 280.4 281.4 271.8 250.0 255.5 255.6 251.5 250.1 262.0 223.0 116.2 110.1 0
Total Debt 35.6 36.2 31.3 32.0 32.6 12.1 12.6 13.4 14.2 14.2 14.5 15.2 15.6 15.6 16.2 17.1 18.3 17.7 17.8 18.5 18.6 13.0 12.1 26.4 22.2 0.1 0.1 0.1 0.1 0.1 16.2 17.4 17.4 17.5 0
Stockholders' Equity 429.2 226.7 218.5 216.0 212.8 216.4 235.3 239.5 244.4 254.4 259.5 265.4 269.2 270.8 285.8 293.9 300.6 302.1 304.0 304.6 304.1 219.9 216.1 211.3 212.9 216.6 221.2 221.9 218.7 217.8 213.4 170.2 64.6 61.3 29.7
Cash Flow
Operating Cash Flow 9.7 17.5 5.2 (1.4) (0.0) (3.9) (5.6) (4.2) 11.4 0.4 13.2 (4.1) 0.6 0.0 (2.8) (4.8) (7.0) (10.1) (0.4) (1.0) 4.1 (1.7) 7.7 8.1 (1.1) (2.3) (0.7) 3.8 (4.9) 1.2 4.5 1.8 (4.2) 3.2 (1.1) 5.1 (3.7)
Capital Expenditure (2.1) (1.6) (2.8) (2.4) (2.3) (2.6) (1.6) (2.1) (1.6) (1.0) (2.7) (1.0) (0.7) (4.9) (3.7) (8.0) (5.1) (7.6) (5.8) (5.0) (3.2) (4.0) (2.4) (2.2) (15.5) (3.6) (3.1) (4.2) (2.7) (3.1) (2.9) (2.4) (3.4) (2.5) (1.3) (1.1) (0.7)
Free Cash Flow 7.6 15.9 2.4 (3.8) (2.3) (6.5) (7.2) (6.4) 9.8 (0.5) 10.4 (5.1) (0.0) (4.9) (6.5) (12.7) (12.1) (17.8) (6.2) (6.0) 0.9 (5.7) 5.3 5.9 (16.6) (6.0) (3.8) (0.4) (7.7) (1.9) 1.6 (0.6) (7.6) 0.8 (2.4) 4.0 (4.5)