LAZR - Luminar Technologies, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$86.00
DETAILS
HIGH:
$315.00
LOW:
$3.00
MEDIAN:
$18.00
CONSENSUS:
$86.00
UPSIDE:
138163.67%
| Metric | 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 | 12.7 | 18.7 | 15.6 | 18.9 | 22.5 | 15.5 | 16.5 | 21.0 | 22.1 | 17.0 | 16.2 | 14.5 | 11.1 | 12.8 | 9.9 | 6.9 | 12.3 | 8.0 | 6.3 | 5.3 | 2.4 | 4.2 | 3.4 | 3.9 | 5.8 | 3.1 | 1.9 | 1.9 |
| Cost of Revenue | (81.9) | 26.8 | 28.1 | 27.0 | 10.0 | 29.5 | 30.1 | 31.4 | 43.7 | 35.1 | 34.5 | 29.1 | 27.7 | 28.5 | 28.1 | 16.7 | 19.8 | 10.8 | 7.9 | 7.6 | 6.7 | 6.9 | 7.4 | 3.8 | 7.3 | 2.5 | 3.4 | 3.4 |
| Gross Profit | 28.6 | (8.1) | (12.4) | (8.1) | 12.5 | (14.0) | (13.7) | (10.5) | (21.6) | (18.2) | (18.3) | (14.6) | (16.6) | (15.7) | (18.2) | (9.8) | (7.5) | (2.8) | (1.5) | (2.3) | (4.3) | (2.7) | (4.0) | 0.0 | (1.5) | 0.5 | (1.5) | (1.5) |
| Operating Expenses | ||||||||||||||||||||||||||||
| R&D Expenses | 24.7 | 35.3 | 39.3 | 38.3 | 47.5 | 50.6 | 65.8 | 67.8 | 62.7 | 62.9 | 67.5 | 69.1 | 64.9 | 46.3 | 40.9 | 33.1 | 29.0 | 25.9 | 19.9 | 14.0 | 10.4 | 10.2 | 9.7 | 8.4 | 9.6 | 8.9 | 9.2 | 9.2 |
| SG&A Expenses | 11.8 | 18.4 | (13.5) | 25.8 | 30.5 | 41.3 | 41.9 | 47.6 | 48.8 | 47.8 | 58.1 | 58.2 | 59.2 | 52.9 | 45.3 | 39.4 | 34.4 | 41.5 | 22.7 | 12.9 | 15.7 | 8.9 | 6.1 | 6.5 | 6.5 | 4.9 | 5.1 | 5.1 |
| Other Expenses | 24.2 | 12.9 | 1.2 | 0.1 | 0.2 | 9.9 | 6.3 | 0 | 15.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.0 |
| Operating Expenses | 60.8 | 66.6 | 27.1 | 64.2 | 78.2 | 101.8 | 114.0 | 115.3 | 127.0 | 110.8 | 125.6 | 127.3 | 124.1 | 99.2 | 86.3 | 72.5 | 63.5 | 67.4 | 42.7 | 26.9 | 26.1 | 19.1 | 15.8 | 14.9 | 16.1 | 13.9 | 29.4 | 29.4 |
| Operating Income | ||||||||||||||||||||||||||||
| Operating Income | (110.4) | (74.7) | (39.5) | (72.3) | (65.7) | (115.9) | (127.7) | (125.8) | (148.6) | (128.9) | (143.9) | (141.9) | (140.7) | (115.0) | (104.4) | (82.3) | (71.0) | (70.1) | (44.2) | (29.2) | (30.4) | (21.8) | (19.9) | (14.8) | (17.6) | (13.3) | (15.9) | (15.9) |
| Interest Expense | (85.1) | 12.3 | 12.3 | 12.3 | 12.6 | 8.9 | 2.8 | 2.8 | 5.3 | 2.8 | 1.3 | 1.7 | 2.0 | 2.7 | 3.1 | 3.3 | 1.2 | 0.4 | 0.3 | 0.2 | 0.8 | 1.4 | 0.5 | 0.5 | 0 | 0 | 0 | 0 |
| Interest Income | 0.5 | 1.0 | 1.3 | 1.8 | 2.1 | 2.4 | 2.5 | 3.4 | 8.3 | 1.3 | 1.6 | 1.9 | 1.4 | 1.6 | 1.3 | 1.1 | 1.7 | 0.8 | 0.7 | 0.2 | 0 | 0 | 0.0 | 0.1 | 0 | 0 | 0 | 0 |
| Profitability | ||||||||||||||||||||||||||||
| EBITDA | (161.0) | (69.3) | (4.6) | (61.9) | (25.4) | 44.4 | (119.8) | (112.3) | (132.6) | (117.5) | (134.2) | (140.5) | (138.8) | (111.5) | (89.1) | (83.0) | (69.8) | (50.4) | (35.0) | (74.2) | (288.9) | (21.1) | (19.2) | (14.2) | (17.0) | (12.7) | (15.3) | (15.3) |
| EBIT | 152.2 | (73.5) | (10.5) | (68.2) | (32.5) | 36.5 | (128.4) | (122.4) | (141.7) | (131.3) | (140.5) | (145.1) | (142.7) | (114.7) | (92.1) | (84.6) | (72.7) | (52.2) | (36.5) | (75.7) | (289.5) | (21.8) | (19.9) | (14.8) | (17.6) | (13.3) | (15.9) | (15.9) |
| Income Before Tax | (130.5) | (85.9) | (22.7) | (80.5) | (45.1) | 27.6 | (131.2) | (125.1) | (147.0) | (134.0) | (141.7) | (146.8) | (144.7) | (117.4) | (95.3) | (87.9) | (73.9) | (52.6) | (36.8) | (75.9) | (290.1) | (31.2) | (25.4) | (15.6) | (17.9) | (13.7) | (31.5) | (31.5) |
| Income Tax Expense | 0.1 | (0.0) | 0.1 | 0.1 | (0.9) | 0.2 | (0.6) | 0.6 | 1.4 | 0.3 | 0.0 | 0 | 0.1 | 0.2 | (0.0) | 0.4 | 0 | (1.3) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.6 | 2.6 |
| Net Income | (188.7) | (85.8) | (22.9) | (80.7) | (44.2) | 27.4 | (130.6) | (125.7) | (148.4) | (134.3) | (141.8) | (146.8) | (144.8) | (117.5) | (95.2) | (88.3) | (73.9) | (51.3) | (36.8) | (75.9) | (290.1) | (31.2) | (25.4) | (15.6) | (17.9) | (13.7) | (34.2) | (34.2) |
| Per Share Data | ||||||||||||||||||||||||||||
| EPS (Basic) | -2.50 | -1.29 | -0.62 | -1.92 | -1.26 | 0.86 | -4.32 | -4.44 | -5.43 | -5.11 | -5.56 | -5.94 | -5.97 | -4.90 | -4.06 | -3.80 | -3.08 | -2.19 | -1.62 | -3.42 | -13.43 | -0.19 | -0.01 | 0.04 | 0.05 | 0.07 | 0.09 | 0.04 |
| EPS (Diluted) | -2.50 | -1.29 | -0.62 | -1.92 | -1.26 | 0.83 | -4.32 | -4.44 | -5.43 | -5.11 | -0.37 | -5.94 | -5.97 | -4.90 | -4.06 | -3.80 | -3.08 | -2.19 | -1.62 | -3.42 | -13.43 | -0.19 | -0.01 | 0.04 | 0.05 | 0.07 | 0.09 | 0.04 |
| Shares Outstanding | 597.0 | 69.3 | 49.1 | 42.1 | 35.0 | 32.0 | 30.3 | 28.3 | 27.3 | 26.3 | 25.5 | 24.7 | 24.3 | 24.0 | 23.5 | 23.2 | 24.0 | 23.5 | 22.7 | 22.2 | 21.6 | 21.6 | 21.6 | 21.6 | 21.6 | 21.6 | 21.6 | 21.6 |
| Metric | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 20.3 | 57.1 | 48.2 | 59.3 | 82.8 | 114.2 | 52.3 | 109.6 | 139.1 | 74.7 | 89.1 | 89.9 | 69.6 | 56.1 | 76.7 | 159.4 | 330.0 | 129.3 | 134.7 | 206.7 | 208.9 | 50.7 | 20.6 | 1.0 | 27.1 | 1.5 | 0.3 | (9.6) |
| Short-Term Investments | 2.6 | 19.5 | 59.5 | 78.9 | 99.8 | 84.4 | 109.0 | 108.8 | 150.7 | 246.2 | 276.7 | 332.4 | 419.3 | 497.0 | 528.5 | 547.4 | 462.1 | 415.5 | 445.8 | 403.6 | 276.7 | 117.1 | 6.4 | 0 | 6.7 | 404.7 | 403.9 | 19.2 |
| Net Receivables | 6.0 | 22.0 | 30.0 | 38.7 | 37.2 | 32.4 | 37.0 | 48.8 | 31.6 | 37.2 | 28.8 | 34.8 | 31.8 | 32.5 | 30.6 | 20.5 | 25.7 | 12.8 | 9.3 | 4.3 | 8.2 | 1.0 | 5.6 | 0 | 1.7 | 0 | 0 | 0 |
| Inventory | 6.7 | 16.1 | 18.0 | 13.9 | 14.9 | 17.6 | 14.0 | 16.4 | 12.2 | 16.7 | 20.3 | 14.9 | 8.8 | 9.2 | 9.3 | 10.0 | 10.3 | 7.9 | 4.3 | 3.3 | 3.6 | 2.9 | 5.0 | 0 | 4.0 | 0 | 0 | 0 |
| Other Current Assets | 21.5 | 0 | 4.8 | 1.9 | 2.2 | 1.9 | 1.8 | 1.7 | 1.5 | 3.5 | 2.4 | 2.2 | 9.5 | 1.2 | 1.0 | 0.7 | 2.5 | 0.7 | 0.7 | 0.7 | 0.8 | 10.0 | 3.1 | 0 | 1.2 | 0 | 0 | 0 |
| Total Current Assets | 56.9 | 122.2 | 167.3 | 206.0 | 245.2 | 263.9 | 230.0 | 306.6 | 350.6 | 389.4 | 435.2 | 494.4 | 554.6 | 613.5 | 671.1 | 758.4 | 845.4 | 578.4 | 601.6 | 626.8 | 500.8 | 181.7 | 40.7 | 1.1 | 41.5 | 1.6 | 0.5 | 9.6 |
| Non-Current Assets | ||||||||||||||||||||||||||||
| Property, Plant & Equipment | 49.1 | 54.9 | 66.8 | 79.1 | 83.8 | 96.3 | 102.6 | 108.8 | 109.0 | 92.3 | 100.2 | 99.4 | 51.5 | 44.5 | 37.4 | 30.4 | 20.2 | 21.3 | 21.2 | 21.2 | 7.7 | 7.8 | 7.6 | 0 | 7.9 | 0 | 0 | 0 |
| Goodwill | 1.8 | 1.8 | 4.0 | 4.0 | 4.0 | 4.0 | 7.4 | 7.4 | 7.4 | 19.9 | 19.9 | 19.9 | 18.8 | 18.8 | 18.5 | 2.9 | 3.1 | 3.1 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0 | 0.7 | 0 | 0 | 0 |
| Intangible Assets | 10.0 | 11.0 | 13.5 | 14.5 | 15.6 | 16.7 | 21.0 | 22.0 | 23.0 | 27.1 | 28.2 | 29.3 | 22.1 | 22.8 | 23.5 | 2.4 | 2.4 | 2.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 10 | 10 | 10 | 10 | 10 | 10 | 14 | 14 | 14 | 4 | 4 | 4 | 10.0 | 10.0 | 10.0 | 10.0 | 0 | 0 | 0 | 0 | 0 | 0 | 407.7 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 13.6 | 3.7 | 3.9 | 5.8 | 6.7 | 12.6 | 10.8 | 9.2 | 3.5 | 6.4 | 12.3 | 11.5 | 36.3 | 33.0 | 15.2 | 3.7 | 12.5 | 2.5 | 2.6 | 2.5 | 1.2 | 1.3 | 1.2 | 0 | 1.8 | 404.4 | 403.5 | (9.9) |
| Total Non-Current Assets | 74.4 | 81.3 | 98.2 | 113.4 | 120.0 | 139.5 | 151.8 | 161.3 | 161.7 | 163.5 | 164.5 | 164.0 | 132.7 | 129.0 | 104.5 | 49.4 | 38.1 | 29.4 | 24.6 | 24.4 | 9.5 | 9.8 | 9.5 | 407.7 | 10.4 | 404.7 | 403.9 | (9.6) |
| Total Assets | 131.3 | 203.5 | 265.5 | 319.4 | 365.2 | 403.4 | 381.8 | 467.9 | 512.4 | 552.9 | 599.8 | 658.4 | 687.3 | 742.5 | 775.6 | 807.8 | 883.5 | 607.8 | 626.2 | 651.2 | 510.4 | 191.5 | 50.2 | 408.8 | 51.9 | 406.4 | 404.4 | 403.0 |
| Current Liabilities | ||||||||||||||||||||||||||||
| Account Payables | 4.7 | 21.4 | 29.7 | 27.7 | 19.0 | 28.8 | 20.5 | 27.4 | 21.1 | 20.7 | 21.9 | 29.9 | 18.6 | 24.2 | 20.1 | 17.3 | 14.4 | 9.7 | 7.0 | 7.8 | 6.0 | 8.2 | 3.6 | 0 | 3.5 | 0 | 0 | 0 |
| Short-Term Debt | 112.9 | 7.4 | 0 | 0 | 0 | 0 | 0 | 0 | 4.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.8 | 0.1 | 0.1 | 0.1 | 0.1 | 1.9 | 3.9 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 0 | 3.7 | 0 | 2.2 | 1.9 | 2.4 | 1.7 | 2.3 | 11.9 | 3.0 | 4.1 | 4.6 | 9.5 | 3.5 | 3.7 | 0 | 0.9 | 0.6 | 0.6 | 0.7 | 2.3 | 0 | 0 | 0 | 0.0 | 0 | 0 | 0 |
| Other Current Liabilities | 24.2 | 23.5 | 31.9 | 11.5 | 0.8 | 16.6 | 11.6 | 19.0 | 0.2 | 24.2 | 32.5 | 26.3 | 3.6 | 15.8 | 16.8 | 16.2 | (2.8) | 9.0 | 4.4 | 4.2 | 3.6 | 2.0 | 0.6 | 0.1 | 8.3 | 0.2 | 0.1 | 0.7 |
| Total Current Liabilities | 137.1 | 62.7 | 69.2 | 72.7 | 60.6 | 87.7 | 69.3 | 90.8 | 83.9 | 85.7 | 94.0 | 100.5 | 77.5 | 62.2 | 57.8 | 47.2 | 39.0 | 33.2 | 24.2 | 21.2 | 16.6 | 18.3 | 13.6 | 1.5 | 14.8 | 0.7 | 0.2 | 1.0 |
| Non-Current Liabilities | ||||||||||||||||||||||||||||
| Long-Term Debt | 3.7 | 429.2 | 429.7 | 486.3 | 500.5 | 539.4 | 617.0 | 616.2 | 615.4 | 614.6 | 613.8 | 613.0 | 612.2 | 611.4 | 610.6 | 609.8 | 609.0 | 0.2 | 0.2 | 0.2 | 0.3 | 26.9 | 32.6 | 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 | 0.3 | 0.4 | 0 |
| Other Non-Current Liabilities | 0.2 | 0.2 | 0.2 | 0.1 | 0.8 | 1.3 | 1.4 | 2.4 | 2.7 | 2.7 | 4.4 | 10.1 | 7.0 | 7.9 | 6.2 | 16.8 | 31.8 | 28.5 | 45.8 | 52.7 | 344.2 | 16.7 | 8.5 | 14 | 3.8 | 14 | 14 | 14 |
| Total Non-Current Liabilities | 3.9 | 442.4 | 444.3 | 508.4 | 525.4 | 573.7 | 654.7 | 657.0 | 653.2 | 632.8 | 634.9 | 640.1 | 636.2 | 637.4 | 629.2 | 636.7 | 646.6 | 35.5 | 54.9 | 62.9 | 345.0 | 43.5 | 41.1 | 14 | 4.1 | 14.3 | 14.4 | 14 |
| Total Liabilities | 141.0 | 505.1 | 513.5 | 581.1 | 586.0 | 661.4 | 724.0 | 747.8 | 737.1 | 718.5 | 728.9 | 740.6 | 713.7 | 699.5 | 687.0 | 683.9 | 685.6 | 68.7 | 79.2 | 84.1 | 361.6 | 61.8 | 54.8 | 15.5 | 18.9 | 15.0 | 14.5 | 15.0 |
| Stockholders' Equity | ||||||||||||||||||||||||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0 | 0 | 387.1 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | (2,479.1) | (2,302.3) | (2,216.4) | (2,193.5) | (2,112.8) | (2,068.6) | (2,096.0) | (1,965.4) | (1,839.7) | (1,691.3) | (1,557.0) | (1,415.2) | (1,268.4) | (1,123.6) | (1,006.1) | (910.8) | (822.5) | (748.6) | (697.3) | (660.4) | (584.5) | (294.4) | (263.2) | 6.2 | (222.2) | 4.2 | 2.7 | 0.9 |
| Accumulated Other Comprehensive Income | (0.5) | (0.5) | (0.5) | (0.4) | (0.3) | 0.2 | (0.1) | (0.1) | 0.0 | (0.2) | (0.8) | (2) | (4.2) | (6.0) | (6.0) | (4.6) | (0.9) | 0.1 | 0.0 | (0.0) | 0.0 | (0.0) | 0.0 | 0 | (0.0) | 0 | 0 | (124.7) |
| Total Stockholders' Equity | (9.6) | (301.6) | (248.0) | (261.7) | (220.8) | (258.0) | (342.1) | (279.8) | (224.7) | (165.7) | (129.1) | (82.3) | (26.4) | 43.0 | 88.6 | 123.9 | 198.0 | 539.1 | 547.0 | 567.2 | 148.7 | 129.6 | (4.6) | 393.4 | 33.0 | 5.0 | 5.0 | (124.7) |
| Total Liabilities & Equity | 131.3 | 203.5 | 265.5 | 319.4 | 365.2 | 403.4 | 381.8 | 467.9 | 512.4 | 552.9 | 599.8 | 658.4 | 687.3 | 742.5 | 775.6 | 807.8 | 883.5 | 607.8 | 626.2 | 651.2 | 510.4 | 191.5 | 50.2 | 408.8 | 51.9 | 406.4 | 404.4 | (124.7) |
| Debt Metrics | ||||||||||||||||||||||||||||
| Total Debt | 116.6 | 449.6 | 451.7 | 518.3 | 534.6 | 583.4 | 664.6 | 665.9 | 664.6 | 636.6 | 636.6 | 636.0 | 635.1 | 635.6 | 629.3 | 624.9 | 624.3 | 12.0 | 13.5 | 14.6 | 0.9 | 28.8 | 36.5 | 0 | 0.5 | 0 | 0 | 0 |
| Net Debt | 96.4 | 392.5 | 403.5 | 459.0 | 451.8 | 469.2 | 612.3 | 556.4 | 525.5 | 561.9 | 547.5 | 546.0 | 565.6 | 579.5 | 552.5 | 465.5 | 294.3 | (117.4) | (121.2) | (192.2) | (208.1) | (21.9) | 15.9 | (1.0) | (26.6) | (1.5) | (0.3) | 9.6 |
| Metric | 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 | (165.2) | (85.8) | (22.9) | (80.7) | (44.2) | 27.4 | (130.6) | (125.7) | (148.4) | (134.3) | (141.8) | (146.8) | (144.8) | (117.5) | (95.2) | (88.3) | (73.9) | (51.3) | (36.8) | (75.9) | (290.1) | (37.5) | (25.4) | (15.6) | (17.9) | (13.7) | (31.5) | (31.5) |
| Depreciation & Amortization | 0.1 | 5.7 | 5.9 | 6.3 | 7.1 | 7.9 | 8.6 | 10.1 | 9.0 | 13.7 | 6.2 | 4.6 | 3.9 | 3.2 | 3.0 | 1.7 | 2.9 | 1.8 | 1.5 | 0.7 | 0.6 | 0.7 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 |
| Stock-Based Compensation | 2.2 | 0 | (20.7) | 19.4 | 23.3 | 0 | 38.6 | 44.5 | 47.1 | 44.9 | 59.2 | 56.0 | 44.5 | 52.6 | 38.6 | 26.7 | 0 | 0 | 0 | 1.8 | 4.0 | 0 | 2.3 | 1.1 | 0.8 | 0.7 | 0.6 | 0.6 |
| Change in Working Capital | 10.6 | 1.9 | (0.5) | 5.6 | (19.6) | 11 | (2.4) | (29.0) | 4.8 | (0.4) | (21.6) | 5.7 | 1.6 | (4.6) | (3.8) | 12.7 | (27.1) | (5.6) | (3.7) | (3.5) | (1.6) | 5.2 | (1.2) | (4.3) | (0.4) | (2.2) | 0.3 | 0.3 |
| Other Non-Cash Items | 99.2 | 30.2 | (15.5) | 5.2 | (28.6) | (102.3) | 8.1 | 18.9 | 34.7 | 19.6 | 24.6 | 15.9 | 19.9 | 18.0 | 5.1 | 14.4 | 43.9 | 20.3 | 8.9 | 48.9 | 259.2 | 17.8 | 7.3 | 0.6 | 2.1 | (4.1) | 16.8 | 16.8 |
| Operating Cash Flow | (51.9) | (48.0) | (53.7) | (44.2) | (61.9) | (55.8) | (77.7) | (81.2) | (52.8) | (56.5) | (73.3) | (64.7) | (74.7) | (48.4) | (52.4) | (32.8) | (54.2) | (36.1) | (30.2) | (28.0) | (27.9) | (13.8) | (16.4) | (17.5) | (14.8) | (18.7) | (13.3) | (13.3) |
| Investing Activities | ||||||||||||||||||||||||||||
| Capital Expenditure | (1.0) | (0.5) | (0.1) | (0.1) | (0.8) | (2.7) | (0.3) | (1.3) | (0.8) | (4.3) | (5.2) | (11.7) | (4.3) | (3.8) | (4.2) | (5.0) | (2.3) | (1.4) | (1.8) | (0.9) | (0.2) | (1.3) | 0.2 | (0.9) | (0.4) | (0.3) | (0.4) | (0.4) |
| Acquisitions | 0.1 | 0 | 0 | 0.2 | 0.3 | 0 | 0.9 | (4.7) | 0 | 0 | 0 | (12.6) | 0 | 0 | (4.8) | 0 | 0 | 0.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (0.2) | 0.1 | (19.6) | (34.5) | (38.0) | (17.3) | (26.2) | (48.8) | (32.3) | (98.0) | (89.5) | (81.6) | (40.7) | (93.5) | (76.8) | (193.7) | (186.8) | (153.9) | (150.0) | (226.2) | (192.5) | (123.4) | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 16.6 | 42.8 | 40.6 | 54.6 | 22.8 | 42.6 | 26.7 | 89.3 | 130.2 | 125.5 | 148.4 | 168.5 | 132.5 | 125.5 | 93.1 | 104.3 | 138.4 | 183.8 | 107.8 | 98.8 | 32.8 | 12.6 | (2.0) | 2.3 | 0 | 0 | 0 | 0 |
| Other Investing Activities | (0.1) | (2.1) | 0.1 | 0.3 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.4) | (0.3) | 0 | 0 | 0.1 | 0 | 0 | 0 | 0.6 | 0 | 0 | 0 | (6.7) | 0.4 | 0 | 0 |
| Investing Cash Flow | 15.4 | 40.3 | 21.0 | 20.4 | (15.6) | 22.6 | 1.1 | 34.4 | 97.1 | 23.1 | 53.8 | 62.6 | 87.1 | 27.9 | 7.4 | (94.4) | (50.6) | 28.9 | (44.1) | (128.4) | (159.3) | (112.0) | (1.8) | 1.4 | (7.0) | 0.0 | (0.4) | (0.4) |
| Financing Activities | ||||||||||||||||||||||||||||
| Net Debt Issuance | 0 | 0 | 0 | 0 | 0 | 89.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 609.1 | 0.1 | (0.1) | (0.1) | (31.9) | (7.3) | (1.2) | (2.7) | (2.6) | (2.3) | 0 | 0 |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (37.0) | (43.9) | (231.6) | 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 |
| Other Financing Activities | (0.0) | (0.8) | 1.4 | (0.1) | (1.4) | (0.0) | 0.7 | 0.2 | 6.6 | 1.0 | 1.9 | 0.5 | (1.0) | (1.0) | (0.5) | 0.6 | (73.2) | (0.2) | (0.1) | 154.2 | 364.1 | (6.9) | 31.9 | 0 | 0 | 10.0 | 40.2 | 40.2 |
| Financing Cash Flow | (0.0) | 13.9 | 22.4 | 0.3 | 46.1 | 95.2 | 19.4 | 17.5 | 18.1 | 20.1 | 18.9 | 23.1 | 1.4 | 0.1 | (37.5) | (43.3) | 305.4 | 1.8 | 2.2 | 154.1 | 346.0 | 155.8 | 30.7 | (2.7) | (2.6) | 7.7 | 40.2 | 40.2 |
| Cash Position | ||||||||||||||||||||||||||||
| Net Change in Cash | (49.2) | 6.2 | (10.3) | (23.5) | (31.4) | 62.1 | (57.2) | (29.3) | 62.4 | (13.3) | (0.7) | 21.1 | 13.8 | (20.4) | (82.4) | (170.6) | 200.7 | (5.4) | (72.0) | (2.3) | 158.8 | (0.5) | 12.4 | (18.8) | (24.5) | (11.0) | 26.4 | 26.4 |
| Cash at Beginning | 57.1 | 50.9 | 61.2 | 84.7 | 116.1 | 54.1 | 111.3 | 140.6 | 78.2 | 91.5 | 92.2 | 71.1 | 57.3 | 77.7 | 160.1 | 330.7 | 130.0 | 135.4 | 207.5 | 209.7 | 50.9 | 1.0 | 8.5 | 27.3 | 51.8 | 62.7 | 36.3 | 0 |
| Cash at End | 7.9 | 57.1 | 50.9 | 61.2 | 84.7 | 116.1 | 54.1 | 111.3 | 140.6 | 78.2 | 91.5 | 92.2 | 71.1 | 57.3 | 77.7 | 160.1 | 330.7 | 130.0 | 135.4 | 207.5 | 209.7 | 0.5 | 20.9 | 8.5 | 27.3 | 51.8 | 62.7 | 26.4 |
| Free Cash Flow | (52.8) | (48.5) | (53.8) | (44.3) | (62.8) | (58.4) | (78.0) | (82.5) | (53.6) | (60.8) | (78.5) | (76.4) | (79.0) | (52.1) | (56.5) | (37.8) | (56.4) | (37.5) | (32.0) | (28.9) | (28.1) | (15.0) | (16.3) | (18.4) | (15.2) | (19.1) | (13.7) | (13.7) |
| Key Metrics | 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 | 12.7 | 18.7 | 15.6 | 18.9 | 22.5 | 15.5 | 16.5 | 21.0 | 22.1 | 17.0 | 16.2 | 14.5 | 11.1 | 12.8 | 9.9 | 6.9 | 12.3 | 8.0 | 6.3 | 5.3 | 2.4 | 4.2 | 3.4 | 3.9 | 5.8 | 3.1 | 1.9 | 1.9 |
| Gross Profit | 28.6 | (8.1) | (12.4) | (8.1) | 12.5 | (14.0) | (13.7) | (10.5) | (21.6) | (18.2) | (18.3) | (14.6) | (16.6) | (15.7) | (18.2) | (9.8) | (7.5) | (2.8) | (1.5) | (2.3) | (4.3) | (2.7) | (4.0) | 0.0 | (1.5) | 0.5 | (1.5) | (1.5) |
| Operating Income | (110.4) | (74.7) | (39.5) | (72.3) | (65.7) | (115.9) | (127.7) | (125.8) | (148.6) | (128.9) | (143.9) | (141.9) | (140.7) | (115.0) | (104.4) | (82.3) | (71.0) | (70.1) | (44.2) | (29.2) | (30.4) | (21.8) | (19.9) | (14.8) | (17.6) | (13.3) | (15.9) | (15.9) |
| Net Income | (188.7) | (85.8) | (22.9) | (80.7) | (44.2) | 27.4 | (130.6) | (125.7) | (148.4) | (134.3) | (141.8) | (146.8) | (144.8) | (117.5) | (95.2) | (88.3) | (73.9) | (51.3) | (36.8) | (75.9) | (290.1) | (31.2) | (25.4) | (15.6) | (17.9) | (13.7) | (34.2) | (34.2) |
| EPS (Diluted) | -2.50 | -1.29 | -0.62 | -1.92 | -1.26 | 0.83 | -4.32 | -4.44 | -5.43 | -5.11 | -0.37 | -5.94 | -5.97 | -4.90 | -4.06 | -3.80 | -3.08 | -2.19 | -1.62 | -3.42 | -13.43 | -0.19 | -0.01 | 0.04 | 0.05 | 0.07 | 0.09 | 0.04 |
| Balance Sheet | ||||||||||||||||||||||||||||
| Cash & Equivalents | 20.3 | 57.1 | 48.2 | 59.3 | 82.8 | 114.2 | 52.3 | 109.6 | 139.1 | 74.7 | 89.1 | 89.9 | 69.6 | 56.1 | 76.7 | 159.4 | 330.0 | 129.3 | 134.7 | 206.7 | 208.9 | 50.7 | 20.6 | 1.0 | 27.1 | 1.5 | 0.3 | (9.6) |
| Total Assets | 131.3 | 203.5 | 265.5 | 319.4 | 365.2 | 403.4 | 381.8 | 467.9 | 512.4 | 552.9 | 599.8 | 658.4 | 687.3 | 742.5 | 775.6 | 807.8 | 883.5 | 607.8 | 626.2 | 651.2 | 510.4 | 191.5 | 50.2 | 408.8 | 51.9 | 406.4 | 404.4 | 403.0 |
| Total Debt | 116.6 | 449.6 | 451.7 | 518.3 | 534.6 | 583.4 | 664.6 | 665.9 | 664.6 | 636.6 | 636.6 | 636.0 | 635.1 | 635.6 | 629.3 | 624.9 | 624.3 | 12.0 | 13.5 | 14.6 | 0.9 | 28.8 | 36.5 | 0 | 0.5 | 0 | 0 | 0 |
| Stockholders' Equity | (9.6) | (301.6) | (248.0) | (261.7) | (220.8) | (258.0) | (342.1) | (279.8) | (224.7) | (165.7) | (129.1) | (82.3) | (26.4) | 43.0 | 88.6 | 123.9 | 198.0 | 539.1 | 547.0 | 567.2 | 148.7 | 129.6 | (4.6) | 393.4 | 33.0 | 5.0 | 5.0 | (124.7) |
| Cash Flow | ||||||||||||||||||||||||||||
| Operating Cash Flow | (51.9) | (48.0) | (53.7) | (44.2) | (61.9) | (55.8) | (77.7) | (81.2) | (52.8) | (56.5) | (73.3) | (64.7) | (74.7) | (48.4) | (52.4) | (32.8) | (54.2) | (36.1) | (30.2) | (28.0) | (27.9) | (13.8) | (16.4) | (17.5) | (14.8) | (18.7) | (13.3) | (13.3) |
| Capital Expenditure | (1.0) | (0.5) | (0.1) | (0.1) | (0.8) | (2.7) | (0.3) | (1.3) | (0.8) | (4.3) | (5.2) | (11.7) | (4.3) | (3.8) | (4.2) | (5.0) | (2.3) | (1.4) | (1.8) | (0.9) | (0.2) | (1.3) | 0.2 | (0.9) | (0.4) | (0.3) | (0.4) | (0.4) |
| Free Cash Flow | (52.8) | (48.5) | (53.8) | (44.3) | (62.8) | (58.4) | (78.0) | (82.5) | (53.6) | (60.8) | (78.5) | (76.4) | (79.0) | (52.1) | (56.5) | (37.8) | (56.4) | (37.5) | (32.0) | (28.9) | (28.1) | (15.0) | (16.3) | (18.4) | (15.2) | (19.1) | (13.7) | (13.7) |