LMND - Lemonade, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$67.80
DETAILS
HIGH:
$75.00
LOW:
$44.00
MEDIAN:
$75.00
CONSENSUS:
$67.80
UPSIDE:
28.90%
| 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 | 2018 Q2 | 2018 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||
| Revenue | 274 | 234.4 | 228.1 | 194.5 | 164.1 | 151.2 | 148.8 | 136.6 | 122 | 119.1 | 115.5 | 114.5 | 104.6 | 95.2 | 88.4 | 74 | 50 | 44.3 | 41 | 35.7 | 28.2 | 23.5 | 20.7 | 17.8 | 29.9 | 26.2 | 23.6 | 18.9 | 13.8 | 11 | 7.9 | 7.9 | 3.4 | 3.4 |
| Cost of Revenue | 154 | 133.3 | 84.5 | 113.7 | 98.9 | 111.5 | 53.1 | 97.7 | 89.3 | 83.2 | 58.7 | 91 | 90.9 | 77.2 | 57.6 | 65.4 | 37.8 | 33.5 | 23.2 | 23.8 | 18.2 | 21.3 | 12.9 | 10.2 | 24.5 | 21.5 | 18.6 | 14.9 | 12.1 | 9.8 | 0 | 0 | 0 | 0 |
| Gross Profit | 120 | 101.1 | 143.6 | 80.8 | 65.2 | 39.7 | 95.7 | 38.9 | 32.7 | 35.9 | 56.8 | 23.5 | 13.7 | 18 | 30.8 | 8.6 | 12.2 | 10.8 | 17.8 | 11.9 | 10 | 2.2 | 7.8 | 7.6 | 5.4 | 4.7 | 5 | 4 | 1.7 | 1.2 | 7.9 | 7.9 | 3.4 | 3.4 |
| Operating Expenses | ||||||||||||||||||||||||||||||||||
| R&D 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 125.5 | 108.3 | 107.3 | 92.4 | 85.4 | 79.1 | 81.2 | 82.8 | 66.6 | 60.2 | 53.5 | 61.3 | 55.5 | 60.9 | 58.4 | 76.3 | 59.4 | 66.5 | 60.3 | 61.8 | 48.9 | 43.2 | 34.6 | 32.8 | 21.9 | 37.4 | 33.9 | 32.3 | 22.6 | 21.2 | 17.2 | 17.2 | 12.7 | 12.7 |
| Other Expenses | 36.3 | 27.4 | 56.9 | 24.7 | 22.4 | 22 | 52.3 | 21.9 | 21.2 | 20.9 | 42.9 | 21.8 | 24.1 | 21.8 | 40.5 | 21.4 | 17.8 | 16.9 | 25.9 | 14.3 | 14 | 7.1 | 6.4 | 5.3 | 4.2 | 3.5 | 3.4 | 2.8 | 2.1 | 1.5 | 8.9 | 0 | 0 | 0 |
| Operating Expenses | 161.8 | 135.7 | 164.2 | 117.1 | 107.8 | 101.1 | 133.5 | 104.7 | 87.8 | 81.1 | 96.4 | 83.1 | 79.6 | 82.7 | 98.9 | 97.7 | 77.2 | 83.4 | 86.2 | 76.1 | 62.9 | 50.3 | 41 | 38.1 | 26.1 | 40.9 | 37.3 | 35.1 | 24.7 | 22.7 | 17.2 | 17.2 | 12.7 | 12.7 |
| Operating Income | ||||||||||||||||||||||||||||||||||
| Operating Income | (41.8) | (34.6) | (20.6) | (36.3) | (42.6) | (61.4) | (37.8) | (65.8) | (55.1) | (45.2) | (39.6) | (59.6) | (65.9) | (64.7) | (68.1) | (89.1) | (65) | (72.6) | (68.4) | (64.2) | (52.9) | (48.1) | (33.2) | (30.5) | (20.7) | (36.2) | (32.3) | (31.1) | (23) | (21.5) | (9.3) | (9.3) | (9.3) | (9.3) |
| 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 |
| Interest Income | 1.9 | 2.1 | 1.9 | 2.1 | 2.1 | 2.2 | 2.5 | 2 | 2.2 | 1.5 | 1.2 | 0.8 | 1 | 1.2 | 0.8 | 0.3 | 0.1 | 0 | 0 | 0.1 | 0.1 | 0.2 | 0.1 | 0.1 | 0.1 | 0.7 | 1.1 | 0.9 | 0.4 | 0.4 | 0 | 0 | 0 | 0 |
| Profitability | ||||||||||||||||||||||||||||||||||
| EBITDA | (39.4) | (31.9) | (18) | (32.9) | (37.9) | (56.9) | (33.1) | (60.7) | (49.9) | (40.2) | (34.8) | (54.6) | (60.8) | (59.6) | (62.7) | (85.4) | (63.4) | (71.1) | (67.2) | (63.4) | (52.1) | (47.2) | (32.6) | (30.1) | (20.3) | (35.9) | (32) | (30.9) | (22.9) | (21.5) | 5.2 | 5.2 | 2.4 | 2.4 |
| EBIT | (41.8) | (34.6) | (20.6) | (36.3) | (42.6) | (61.4) | (37.8) | (65.8) | (55.1) | (45.2) | (39.6) | (59.6) | (65.9) | (64.7) | (68.1) | (89.1) | (65) | (72.6) | (68.4) | (64.2) | (52.9) | (48.1) | (33.2) | (30.5) | (20.7) | (36.2) | (32.3) | (31.1) | (23) | (21.5) | (9.3) | (9.3) | (9.3) | (9.3) |
| Income Before Tax | (41.8) | (34.6) | (20.6) | (36.3) | (42.6) | (61.4) | (37.8) | (65.8) | (55.1) | (45.2) | (39.6) | (59.6) | (65.9) | (64.7) | (68.1) | (89.1) | (65) | (72.6) | (68.4) | (64.2) | (52.9) | (48.1) | (33.4) | (30.5) | (20.7) | (36.2) | (32.4) | (31) | (23) | (21.5) | (14.6) | (14.6) | (11.8) | (11.8) |
| Income Tax Expense | 1.6 | 1.2 | 1.1 | 1.2 | 1.3 | 1 | (7.8) | 1.9 | 2.1 | 2.1 | 2.8 | 1.9 | 1.3 | 1.1 | (4.4) | 2.3 | 2.9 | 2.2 | 1.9 | 2.2 | 2.7 | 0.9 | 0.5 | 0.4 | 0.3 | 0.3 | 0.3 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Net Income | (43.4) | (35.8) | (21.7) | (37.5) | (43.9) | (62.4) | (30) | (67.7) | (57.2) | (47.3) | (42.4) | (61.5) | (67.2) | (65.8) | (63.7) | (91.4) | (67.9) | (74.8) | (70.3) | (66.4) | (55.6) | (49) | (33.9) | (30.9) | (21) | (36.5) | (32.7) | (31.1) | (23.1) | (21.6) | (14.6) | (14.6) | (11.8) | (11.8) |
| Per Share Data | ||||||||||||||||||||||||||||||||||
| EPS (Basic) | -0.56 | -0.47 | -0.33 | -0.51 | -0.60 | -0.86 | -0.42 | -0.95 | -0.81 | -0.67 | -0.61 | -0.88 | -0.97 | -0.95 | -0.92 | -1.37 | -1.10 | -1.21 | -1.14 | -1.08 | -0.90 | -0.81 | -0.60 | -0.57 | -0.38 | -0.66 | -0.75 | -0.71 | -0.53 | -0.50 | -1.33 | -1.33 | -1.09 | -1.09 |
| EPS (Diluted) | -0.56 | -0.47 | -0.33 | -0.51 | -0.60 | -0.86 | -0.42 | -0.95 | -0.81 | -0.67 | -0.61 | -0.88 | -0.97 | -0.95 | -0.92 | -1.37 | -1.10 | -1.21 | -1.14 | -1.08 | -0.90 | -0.81 | -0.60 | -0.57 | -0.38 | -0.66 | -0.75 | -0.71 | -0.53 | -0.50 | -1.33 | -1.33 | -1.09 | -1.09 |
| Shares Outstanding | 77.0 | 76.3 | 71.8 | 74.2 | 73.4 | 72.9 | 71.0 | 71.1 | 70.7 | 70.3 | 70.0 | 69.8 | 69.5 | 69.3 | 64.9 | 66.9 | 61.8 | 61.7 | 61.6 | 61.6 | 61.4 | 60.2 | 56.6 | 54.0 | 54.9 | 54.9 | 43.6 | 43.6 | 43.6 | 43.6 | 11.0 | 11.0 | 10.9 | 10.9 |
| 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 Q2 | 2018 Q4 | 2018 Q3 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 380.3 | 374.3 | 385 | 345.9 | 377.5 | 309.2 | 376 | 329.8 | 343.2 | 278.7 | 264.5 | 231.7 | 188.6 | 250.1 | 282.5 | 222 | 199.6 | 234.8 | 270.6 | 319.4 | 1,092.4 | 1,174.4 | 570.8 | 575.4 | 258.5 | 275.5 | 270 | 226.7 | 102.2 | 102.2 |
| Short-Term Investments | 192.3 | 203.5 | 722.9 | 240.9 | 292.8 | 330.6 | 634.9 | 255.5 | 581.2 | 641.9 | 673.2 | 326.3 | 371.7 | 737.9 | 750.1 | 835.9 | 760 | 777.9 | 801.8 | 805.1 | 71.2 | 6.5 | 6.6 | 21.7 | 36.6 | 36.8 | 60.6 | 0 | 0 | 0 |
| Net Receivables | 490.4 | 594.6 | 567.9 | 563 | 524.5 | 500.1 | 479.2 | 487.6 | 462.7 | 407.2 | 383 | 367.8 | 362.2 | 338.7 | 362.4 | 324 | 257.9 | 248.1 | 231.3 | 200 | 172.8 | 98.5 | 140.5 | 125 | 91.1 | 79.6 | 74.7 | 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 | (304.9) | 12.2 | 11.8 | 9.6 | 8.5 | 10.5 | 9.7 | 8 | (1,605.3) | (1,532.3) | (1,529) | (1,123.4) | (1,089.1) | (1,486.5) | (1,573.5) | (1,563.5) | (1,386.4) | (1,417.5) | (1,463.9) | (1,474.7) | (1,456.7) | (1,449.6) | (816.7) | (808.3) | (386.2) | (392) | (407.2) | 0 | 0 | 0 |
| Total Current Assets | 870.7 | 1,308.5 | 1,843.3 | 1,362.8 | 1,484.9 | 1,413.9 | 1,762.3 | 1,335.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,273.2 | 0 | 0 | 0 | 0 | 0 | 226.7 | 102.2 | 102.2 |
| Non-Current Assets | ||||||||||||||||||||||||||||||
| Property, Plant & Equipment | 18.9 | 16.7 | 35.6 | 15.3 | 16 | 16.2 | 31.3 | 16 | 16.3 | 17.2 | 34.8 | 17.4 | 19 | 19.8 | 46 | 19.1 | 13.2 | 13 | 33.6 | 10.8 | 8.8 | 6.9 | 5.7 | 5.1 | 4.3 | 3.4 | 3.1 | 2.3 | 1 | 1 |
| Goodwill | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 10.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 8.1 | 22.3 | 20.2 | 21.6 | 21.4 | 22.6 | 25.8 | 27.7 | 18.2 | 20.5 | 22.9 | 25.2 | 27.5 | 29.8 | 32.5 | 35.7 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0 | 0 | 0 | 0 | 0 | 0.8 | 0.6 | 0.6 |
| Long-Term Investments | 585.4 | 547.8 | 6.5 | 464.4 | 353 | 345.5 | 6.7 | 385.3 | 581.2 | 641.9 | 673.2 | 706.8 | 748.1 | 737.9 | 750.1 | 835.9 | 760 | 777.9 | 801.8 | 805.1 | 71.2 | 6.5 | 6.6 | 21.7 | 36.6 | 36.8 | 60.6 | 0 | 0 | 0 |
| Other Non-Current Assets | (585.4) | 43.6 | 1.1 | 35.7 | 40.3 | 39.4 | 4 | 39.4 | (634.7) | (698.6) | (749.9) | (768.4) | (813.6) | (806.5) | (847.6) | (901.6) | (773.8) | (791.5) | (836) | (816.5) | (80.6) | (6.5) | (12.9) | (27.4) | (41.5) | (40.8) | (64.3) | 81.2 | 50 | 50 |
| Total Non-Current Assets | 46 | 649.4 | 82.4 | 556 | 449.7 | 442.7 | 86.8 | 487.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.5 | 0 | 0 | 0 | 0 | 0 | 84.3 | 51.6 | 51.6 |
| Total Assets | 2,011.9 | 1,957.9 | 1,925.7 | 1,918.8 | 1,934.6 | 1,856.6 | 1,849.1 | 1,823 | 1,713.9 | 1,646.4 | 1,633.3 | 1,647.6 | 1,613.1 | 1,641.2 | 1,690.7 | 1,712.9 | 1,460.9 | 1,495.4 | 1,510.5 | 1,521.7 | 1,487.3 | 1,477.5 | 828.7 | 831.5 | 399.9 | 401.2 | 414.3 | 311 | 153.8 | 153.8 |
| Current Liabilities | ||||||||||||||||||||||||||||||
| Account Payables | 27.8 | 31.6 | 26.9 | 27 | 34.6 | 31.2 | 31.1 | 42.9 | 34.5 | 27.2 | 24.6 | 39 | 19.9 | 22.8 | 19.5 | 26.4 | 22.3 | 37.4 | 19.7 | 27.8 | 19.3 | 16.3 | 14.4 | 18.9 | 6.1 | 5 | 4.6 | 0 | 0 | 0 |
| Short-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 Revenue | 536.4 | 619.8 | 580.8 | 574.3 | 515.3 | 481.6 | 458.1 | 457.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 644.5 | 493.7 | 510.8 | 564.6 | 618.3 | 593.4 | 583.3 | 544.3 | (116) | (90.5) | (83.3) | (91.2) | (55.1) | (62.6) | (53.6) | (64.9) | (52.3) | (72) | (47.4) | (56.4) | (41) | (21.2) | (29.4) | (32) | (17.3) | (15.3) | (19.4) | 0 | 0 | 0 |
| Total Current Liabilities | 1,286 | 1,239.5 | 1,210 | 1,250.9 | 1,263.8 | 1,187.4 | 1,148.5 | 1,141.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16.3 | 0 | 0 | 0 | 0 | 0 | 11.3 | 7.4 | 7.4 |
| Non-Current Liabilities | ||||||||||||||||||||||||||||||
| Long-Term Debt | 206.4 | 179.6 | 158.1 | 139 | 123.5 | 101.9 | 83.4 | 67.4 | 43.9 | 28.3 | 14.9 | 7.7 | 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 | 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 | (34.2) | (33.3) | (38.2) | (50) | (68.4) | (61) | (65.6) | (60.8) | (113.6) | (100.5) | (84.5) | (76.5) | (73.3) | (73.1) | (74.9) | (79.6) | (64) | (62.8) | (58.8) | (36.1) | (30.1) | (27.8) | (22.4) | (20.9) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Liabilities | 226.4 | 200.4 | 182.1 | 151.7 | 143.7 | 123.7 | 107.2 | 88.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 27.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 1,512.4 | 1,439.9 | 1,392.1 | 1,402.6 | 1,407.5 | 1,311.1 | 1,255.7 | 1,230 | 1,078.7 | 970 | 924.4 | 920.7 | 842.1 | 819.4 | 823.9 | 806.1 | 611.8 | 582.7 | 522.3 | 473.7 | 385.7 | 333.8 | 287.7 | 262.5 | 621.5 | 124.3 | 596.8 | 11.3 | 7.4 | 7.4 |
| 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 |
| Retained Earnings | (1,543.5) | (1,500.1) | (1,464.3) | (1,442.6) | (1,405.1) | (1,361.2) | (1,298.8) | (1,268.8) | (1,201.1) | (1,143.9) | (1,096.6) | (1,054.2) | (992.7) | (925.5) | (859.7) | (796) | (704.6) | (636.7) | (561.9) | (491.6) | (425.2) | (369.6) | (320.6) | (286.7) | (255.8) | (234.8) | (198.3) | (134.5) | (89.8) | (89.8) |
| Accumulated Other Comprehensive Income | (0.3) | 0.7 | 6.4 | 5.2 | 4.2 | (3.4) | (6.1) | (0.1) | (8.6) | (9.2) | (9) | (19.1) | (21) | (22.3) | (27.6) | (35.3) | (28.8) | (18.8) | (3.4) | 0.1 | 0.9 | 1 | 1.8 | 0.7 | 0.3 | 0.1 | 0.1 | 0 | 0 | 0 |
| Total Stockholders' Equity | 499.5 | 518 | 533.6 | 516.2 | 527.1 | 545.5 | 593.4 | 593 | 635.2 | 676.4 | 708.9 | 726.9 | 771 | 821.8 | 866.8 | 906.8 | 849.1 | 912.7 | 988.2 | 1,048 | 1,101.6 | 1,143.7 | 541 | 569 | (221.6) | 276.9 | (182.5) | 232.5 | 101.7 | 101.7 |
| Total Liabilities & Equity | 2,011.9 | 1,957.9 | 1,925.7 | 1,918.8 | 1,934.6 | 1,856.6 | 1,849.1 | 1,823 | 1,713.9 | 1,646.4 | 1,633.3 | 1,647.6 | 1,613.1 | 1,641.2 | 1,690.7 | 1,712.9 | 1,460.9 | 1,495.4 | 1,510.5 | 1,521.7 | 1,487.3 | 1,477.5 | 828.7 | 831.5 | 399.9 | 401.2 | 414.3 | 243.8 | 109.1 | 109.1 |
| Debt Metrics | ||||||||||||||||||||||||||||||
| Total Debt | 206.4 | 200.4 | 182.1 | 151.7 | 143.7 | 123.7 | 107.2 | 88.8 | 67.3 | 54.2 | 43.1 | 37.4 | 31.7 | 33.6 | 35.2 | 36.6 | 21.9 | 24 | 22.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Debt | (173.9) | (173.9) | (202.9) | (194.2) | (233.8) | (185.5) | (268.8) | (241) | (275.9) | (224.5) | (221.4) | (194.3) | (156.9) | (216.5) | (247.3) | (185.4) | (177.7) | (210.8) | (248.3) | (319.4) | (1,092.4) | (1,174.4) | (570.8) | (575.4) | (258.5) | (275.5) | (270) | (226.7) | (102.2) | (102.2) |
| 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 | 2018 Q4 | 2018 Q3 | 2018 Q2 | 2018 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||||||||||
| Net Income | (43.4) | (35.8) | (21.7) | (37.5) | (43.9) | (62.4) | (30) | (67.7) | (57.2) | (47.3) | (42.4) | (61.5) | (67.2) | (65.8) | (63.7) | (91.4) | (67.9) | (74.8) | (70.3) | (66.4) | (55.6) | (49) | (33.9) | (30.9) | (21) | (36.5) | (32.7) | (31.1) | (23.1) | (21.6) | (14.6) | (14.6) | (11.8) | (11.8) |
| Depreciation & Amortization | 2.4 | 2.7 | 11.5 | 3.4 | 4.7 | 4.5 | 4.7 | 5.1 | 5.2 | 5 | 4.8 | 5 | 5.1 | 5.1 | 5.4 | 3.7 | 1.6 | 1.5 | 1.2 | 0.8 | 0.8 | 0.9 | 0.6 | 0.4 | 0.4 | 0.3 | 0.3 | 0.2 | 0.1 | 0 | 0.1 | 0.1 | 0 | 0 |
| Stock-Based Compensation | 24.5 | 21.2 | 18.5 | 17.1 | 15.4 | 10.3 | 17.3 | 16.9 | 15.4 | 14.9 | 14.3 | 15.4 | 14.8 | 15.4 | 15.7 | 15.6 | 13.9 | 14.1 | 13.4 | 12.7 | 11.9 | 6.1 | 3.3 | 2.7 | 2.4 | 2.2 | 2 | 1.5 | 0.4 | 0.4 | 0.6 | 0.6 | 0.5 | 0.5 |
| Change in Working Capital | 7.9 | 6.7 | 14.7 | 20 | 26.4 | (2.6) | 20.3 | (8.1) | 24 | (4.3) | 6.4 | 30.3 | (4.4) | (3.6) | 10.9 | 13.3 | 8.5 | 15.2 | 6.1 | 14.7 | 25.3 | 0.8 | 8.4 | (8.3) | 1.9 | 2.2 | 12 | 6.7 | 5.5 | 0.9 | (2) | (2) | (4.0) | (4.0) |
| Other Non-Cash Items | 5.2 | 4.6 | (2.3) | 1.5 | 2.9 | 3 | 1.5 | 70.1 | 0.9 | 1.9 | 0.8 | 4.5 | 1.4 | 2.5 | 3.1 | 4.1 | 3.7 | 4.5 | (0.3) | 0 | 1.4 | 0.9 | 0.9 | 0.4 | 0.5 | 12.6 | 0.7 | 16.5 | (0.2) | (0.1) | 5.1 | 5.1 | 5.8 | 5.8 |
| Operating Cash Flow | (3.4) | (0.6) | 20.7 | 4.5 | 5.5 | (47.2) | 13.8 | 16.3 | (11.7) | (29.8) | (16.1) | (6.3) | (50.3) | (46.4) | (28.6) | (54.7) | (40.2) | (39.5) | (49.9) | (38.2) | (16.2) | (40.3) | (20.7) | (35.7) | (15.9) | (19.4) | (17.7) | (22.7) | (17.3) | (20.4) | (10.9) | (10.9) | (9.5) | (9.5) |
| Investing Activities | ||||||||||||||||||||||||||||||||||
| Capital Expenditure | (4.6) | (3.5) | (3.1) | (1.9) | (2.1) | (2.3) | (3.2) | (2.2) | (1.5) | (2.5) | (2.4) | (2.2) | (1.9) | (2.7) | (2.6) | (2.9) | (1.8) | (2.8) | (2) | (2.7) | (2.7) | (2) | (1.3) | (1.2) | (1.2) | (0.7) | (0.3) | (1.6) | (0.8) | (0.6) | (0.2) | (0.2) | (0.1) | (0.1) |
| 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 | (0.2) | 0.9 | 0 | 0 | 0 | 1.1 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (268.8) | (161.2) | (263.1) | (206) | (107.9) | (77.6) | (73.6) | (122.8) | (112.8) | (54.6) | (34.9) | (90.1) | (144.7) | (125.5) | (32.4) | (120.1) | (70.6) | (47) | (35.2) | (743) | (64.6) | 0 | 0 | 0 | (0.6) | (17.2) | (15) | (40.6) | (1.2) | (15.9) | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 241.2 | 130.1 | 218.7 | 148.5 | 139.5 | 39.6 | 79.3 | 70.9 | 175.6 | 88 | 77.9 | 136 | 135.7 | 143.5 | 122.5 | 104.8 | 81.3 | 53.9 | 39.5 | 7.9 | 0 | 0 | 15.1 | 15 | 0.8 | 41.4 | 0 | 16 | 0 | 6 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 0 | 28.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 98.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.2 | (0.9) | (0.6) | (24.6) | (1.2) | (1.1) | 2.8 | 2.8 | 0.8 | 0.8 |
| Investing Cash Flow | (32.2) | (34.6) | (18.9) | (59.4) | 29.5 | (40.3) | 2.5 | (54.1) | 61.3 | 30.9 | 40.6 | 43.7 | (10.9) | 15.3 | 87.5 | 80.6 | 8.9 | 4.1 | 2.3 | (737.8) | (67.3) | (2) | 13.8 | 13.8 | (1) | 23.5 | (15.3) | (26.2) | (2) | (10.5) | 2.5 | 2.5 | 0.7 | 0.7 |
| Financing Activities | ||||||||||||||||||||||||||||||||||
| Net Debt Issuance | 26.8 | 21.5 | 19.1 | 15.5 | 21.6 | 18.5 | 15.9 | 23.5 | 15.6 | 13.4 | 7.2 | 7.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 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 |
| Other Financing Activities | 0 | 0 | 0 | 8.5 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0 | 0.2 | 0.2 | 0.1 | 0.3 | 2.3 | 0.4 | 0.6 | 0.6 | 0.9 | 1.7 | 6.1 | 1.5 | 0.2 | 0.1 | 0 | 0.2 | 0.2 | 174.7 | 0 | 0.1 | 0.1 | 59.9 | 59.9 |
| Financing Cash Flow | 28.2 | 26.2 | 38.5 | 24 | 24.1 | 20 | 35 | 23.6 | 15.6 | 13.5 | 7.2 | 7.9 | 0.2 | 0.1 | 0.3 | 2.3 | 0.4 | 0.6 | 0.6 | 0.9 | 1.7 | 646.4 | 1.5 | 338.2 | 1.4 | 0 | 0.2 | 125.2 | 174.7 | 0 | 0.1 | 0.1 | 59.9 | 59.9 |
| Cash Position | ||||||||||||||||||||||||||||||||||
| Net Change in Cash | (6.2) | (10.3) | 41.3 | (30.5) | 66.3 | (66) | 47.9 | (11.9) | 64.5 | 13.7 | 33.4 | 44.3 | (61) | (31.7) | 61.5 | 25.4 | (35.4) | (35.6) | (49) | (773.1) | (82) | 603.3 | (4.3) | 316.9 | (15.4) | 3.9 | (32.9) | 76.3 | 155.4 | (30.9) | (8.3) | (8.3) | 51.0 | 51.0 |
| Cash at Beginning | 386.5 | 396.8 | 355.5 | 386 | 319.7 | 385.7 | 337.8 | 349.7 | 285.2 | 271.5 | 238.1 | 193.8 | 254.8 | 286.5 | 225 | 199.6 | 235 | 270.6 | 319.6 | 1,092.7 | 1,174.7 | 571.4 | 575.7 | 258.8 | 274.2 | 270.3 | 303.2 | 226.9 | 71.5 | 102.4 | 110.7 | 119 | 68.0 | 0 |
| Cash at End | 380.3 | 386.5 | 396.8 | 355.5 | 386 | 319.7 | 385.7 | 337.8 | 349.7 | 285.2 | 271.5 | 238.1 | 193.8 | 254.8 | 286.5 | 225 | 199.6 | 235 | 270.6 | 319.6 | 1,092.7 | 1,174.7 | 571.4 | 575.7 | 258.8 | 274.2 | 270.3 | 303.2 | 226.9 | 71.5 | 102.4 | 110.7 | 119 | 51.0 |
| Free Cash Flow | (8) | (4.1) | 17.6 | 2.6 | 3.4 | (49.5) | 10.6 | 14.1 | (13.2) | (32.3) | (18.5) | (8.5) | (52.2) | (49.1) | (31.2) | (57.6) | (42) | (42.3) | (51.9) | (40.9) | (18.9) | (42.3) | (22) | (36.9) | (17.1) | (20.1) | (18) | (24.3) | (18.1) | (21) | (11.1) | (11.1) | (9.7) | (9.7) |
| 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 | 2018 Q2 | 2018 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||||||||||||||||||||
| Revenue | 274 | 234.4 | 228.1 | 194.5 | 164.1 | 151.2 | 148.8 | 136.6 | 122 | 119.1 | 115.5 | 114.5 | 104.6 | 95.2 | 88.4 | 74 | 50 | 44.3 | 41 | 35.7 | 28.2 | 23.5 | 20.7 | 17.8 | 29.9 | 26.2 | 23.6 | 18.9 | 13.8 | 11 | 7.9 | 7.9 | 3.4 | 3.4 |
| Gross Profit | 120 | 101.1 | 143.6 | 80.8 | 65.2 | 39.7 | 95.7 | 38.9 | 32.7 | 35.9 | 56.8 | 23.5 | 13.7 | 18 | 30.8 | 8.6 | 12.2 | 10.8 | 17.8 | 11.9 | 10 | 2.2 | 7.8 | 7.6 | 5.4 | 4.7 | 5 | 4 | 1.7 | 1.2 | 7.9 | 7.9 | 3.4 | 3.4 |
| Operating Income | (41.8) | (34.6) | (20.6) | (36.3) | (42.6) | (61.4) | (37.8) | (65.8) | (55.1) | (45.2) | (39.6) | (59.6) | (65.9) | (64.7) | (68.1) | (89.1) | (65) | (72.6) | (68.4) | (64.2) | (52.9) | (48.1) | (33.2) | (30.5) | (20.7) | (36.2) | (32.3) | (31.1) | (23) | (21.5) | (9.3) | (9.3) | (9.3) | (9.3) |
| Net Income | (43.4) | (35.8) | (21.7) | (37.5) | (43.9) | (62.4) | (30) | (67.7) | (57.2) | (47.3) | (42.4) | (61.5) | (67.2) | (65.8) | (63.7) | (91.4) | (67.9) | (74.8) | (70.3) | (66.4) | (55.6) | (49) | (33.9) | (30.9) | (21) | (36.5) | (32.7) | (31.1) | (23.1) | (21.6) | (14.6) | (14.6) | (11.8) | (11.8) |
| EPS (Diluted) | -0.56 | -0.47 | -0.33 | -0.51 | -0.60 | -0.86 | -0.42 | -0.95 | -0.81 | -0.67 | -0.61 | -0.88 | -0.97 | -0.95 | -0.92 | -1.37 | -1.10 | -1.21 | -1.14 | -1.08 | -0.90 | -0.81 | -0.60 | -0.57 | -0.38 | -0.66 | -0.75 | -0.71 | -0.53 | -0.50 | -1.33 | -1.33 | -1.09 | -1.09 |
| Balance Sheet | ||||||||||||||||||||||||||||||||||
| Cash & Equivalents | 380.3 | 374.3 | 385 | 345.9 | 377.5 | 309.2 | 376 | 329.8 | 343.2 | 278.7 | 264.5 | 231.7 | 188.6 | 250.1 | 282.5 | 222 | 199.6 | 234.8 | 270.6 | 319.4 | 1,092.4 | 1,174.4 | 570.8 | 575.4 | 258.5 | 275.5 | 270 | 226.7 | 102.2 | 102.2 | ||||
| Total Assets | 2,011.9 | 1,957.9 | 1,925.7 | 1,918.8 | 1,934.6 | 1,856.6 | 1,849.1 | 1,823 | 1,713.9 | 1,646.4 | 1,633.3 | 1,647.6 | 1,613.1 | 1,641.2 | 1,690.7 | 1,712.9 | 1,460.9 | 1,495.4 | 1,510.5 | 1,521.7 | 1,487.3 | 1,477.5 | 828.7 | 831.5 | 399.9 | 401.2 | 414.3 | 311 | 153.8 | 153.8 | ||||
| Total Debt | 206.4 | 200.4 | 182.1 | 151.7 | 143.7 | 123.7 | 107.2 | 88.8 | 67.3 | 54.2 | 43.1 | 37.4 | 31.7 | 33.6 | 35.2 | 36.6 | 21.9 | 24 | 22.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Stockholders' Equity | 499.5 | 518 | 533.6 | 516.2 | 527.1 | 545.5 | 593.4 | 593 | 635.2 | 676.4 | 708.9 | 726.9 | 771 | 821.8 | 866.8 | 906.8 | 849.1 | 912.7 | 988.2 | 1,048 | 1,101.6 | 1,143.7 | 541 | 569 | (221.6) | 276.9 | (182.5) | 232.5 | 101.7 | 101.7 | ||||
| Cash Flow | ||||||||||||||||||||||||||||||||||
| Operating Cash Flow | (3.4) | (0.6) | 20.7 | 4.5 | 5.5 | (47.2) | 13.8 | 16.3 | (11.7) | (29.8) | (16.1) | (6.3) | (50.3) | (46.4) | (28.6) | (54.7) | (40.2) | (39.5) | (49.9) | (38.2) | (16.2) | (40.3) | (20.7) | (35.7) | (15.9) | (19.4) | (17.7) | (22.7) | (17.3) | (20.4) | (10.9) | (10.9) | (9.5) | (9.5) |
| Capital Expenditure | (4.6) | (3.5) | (3.1) | (1.9) | (2.1) | (2.3) | (3.2) | (2.2) | (1.5) | (2.5) | (2.4) | (2.2) | (1.9) | (2.7) | (2.6) | (2.9) | (1.8) | (2.8) | (2) | (2.7) | (2.7) | (2) | (1.3) | (1.2) | (1.2) | (0.7) | (0.3) | (1.6) | (0.8) | (0.6) | (0.2) | (0.2) | (0.1) | (0.1) |
| Free Cash Flow | (8) | (4.1) | 17.6 | 2.6 | 3.4 | (49.5) | 10.6 | 14.1 | (13.2) | (32.3) | (18.5) | (8.5) | (52.2) | (49.1) | (31.2) | (57.6) | (42) | (42.3) | (51.9) | (40.9) | (18.9) | (42.3) | (22) | (36.9) | (17.1) | (20.1) | (18) | (24.3) | (18.1) | (21) | (11.1) | (11.1) | (9.7) | (9.7) |