LQDA - Liquidia Corporation
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$83.20
DETAILS
HIGH:
$130.00
LOW:
$30.00
MEDIAN:
$67.50
CONSENSUS:
$83.20
UPSIDE:
180.89%
| 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 | 2017 Q4 | 2017 Q3 | 2017 Q2 | 2017 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||
| Revenue | 171.7 | 132.9 | 92.0 | 54.3 | 8.8 | 3.1 | 2.9 | 4.4 | 3.7 | 3.0 | 4.5 | 3.7 | 4.8 | 4.5 | 5.4 | 3.2 | 3.9 | 3.5 | 3.2 | 3.2 | 3.4 | 3.1 | 0.7 | 0 | 0 | 0 | 0 | 0 | 8.1 | 0 | 0.6 | 0.2 | 1.0 | 0.9 | 1.8 | 1.8 | 2.0 | 1.6 |
| Cost of Revenue | 11.6 | 12.1 | 7.1 | 3.2 | 1.3 | 1.5 | 1.4 | 1.6 | 1.5 | 1.8 | 1.0 | 0.6 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.9 | 0.7 | 0.7 | 0.2 | 0 | 0 | 0 | 0 | 0 | 0.8 | 0 | 121.3 | 0 | 0.1 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 |
| Gross Profit | 160.1 | 120.7 | 85.0 | 51.2 | 7.5 | 1.6 | 1.6 | 2.9 | 2.2 | 1.2 | 3.5 | 3.1 | 4.1 | 3.8 | 4.7 | 2.4 | 3.2 | 2.8 | 2.5 | 2.3 | 2.7 | 2.4 | 0.5 | 0 | 0 | 0 | 0 | 0 | 7.3 | 0 | (120.7) | 0.2 | 0.9 | 0.9 | 1.7 | 1.7 | 1.9 | 1.6 |
| Operating Expenses | ||||||||||||||||||||||||||||||||||||||
| R&D Expenses | 17.2 | 12.3 | 16.9 | 9.3 | 6.0 | 7.0 | 16.5 | 11.9 | 9.4 | 9.8 | 12.8 | 7.4 | 17.7 | 5.3 | 5.0 | 4.5 | 5.2 | 4.7 | 5.4 | 4.5 | 4.6 | 6.1 | 5.2 | 7.7 | 8.5 | 10.8 | 8.2 | 10.9 | 10.7 | 10.7 | 8.0 | 7.2 | 5.9 | 7.6 | 6.8 | 6.5 | 5.3 | 6.2 |
| SG&A Expenses | 57.4 | 46.9 | 48.2 | 40.1 | 38.8 | 30.1 | 21.2 | 20.2 | 19.9 | 20.2 | 17.1 | 10.6 | 9.2 | 7.8 | 6.2 | 6.7 | 6.9 | 12.5 | 8.5 | 4.9 | 4.4 | 5.3 | 11.2 | 7.2 | 5.2 | 3.8 | 5.8 | 2.4 | 2.4 | 3.0 | 2.3 | 2.3 | 2.0 | 2.1 | 2.1 | 3.0 | 2.9 | 2.2 |
| Other Expenses | 0 | 0 | 0 | 0 | 0.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 74.6 | 59.2 | 65.2 | 49.4 | 45.0 | 37.0 | 37.7 | 32.1 | 29.4 | 30.0 | 30.0 | 18.0 | 26.9 | 13.1 | 11.2 | 11.3 | 12.2 | 17.3 | 13.9 | 9.4 | 9.0 | 11.4 | 16.4 | 14.8 | 13.7 | 14.6 | 14.0 | 13.3 | 13.1 | 13.7 | 10.3 | 9.4 | 7.9 | 9.8 | 8.9 | 9.5 | 8.2 | 8.3 |
| Operating Income | ||||||||||||||||||||||||||||||||||||||
| Operating Income | 85.5 | 61.5 | 19.8 | 1.8 | (37.5) | (35.4) | (36.1) | (29.2) | (27.2) | (28.8) | (26.4) | (14.9) | (22.8) | (9.2) | (6.5) | (8.8) | (9.0) | (14.5) | (11.4) | (7.1) | (6.4) | (9.0) | (15.9) | (14.8) | (13.7) | (14.6) | (14.0) | (13.3) | (5.9) | (13.7) | (9.8) | (9.3) | (7.0) | (8.9) | (7.2) | (7.8) | (6.3) | (6.8) |
| Interest Expense | 6.3 | 6.5 | 6.9 | 6.9 | 5.7 | 4.7 | 4.4 | 3.0 | 2.6 | 2.5 | 2.0 | 1.8 | 1.4 | 1.1 | 0.7 | 0.6 | 0.5 | 0.5 | 0.2 | 0.2 | 0.2 | 0.1 | 0.2 | 0.2 | 0.2 | 0.3 | 0.6 | 0.3 | 0.3 | 0.2 | 0.2 | 0.6 | 0.2 | 17.9 | 4.7 | 4.2 | 1.9 | 2.2 |
| Interest Income | 2.5 | 1.8 | 1.7 | 1.6 | 1.6 | 1.7 | 2.1 | 1.8 | 1.9 | 1.9 | 0.9 | 0.9 | 0.7 | 0.9 | 0.7 | 0.4 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.2 | 0.2 | 0.1 | 0.2 | 0.1 | 0.0 | 0 | 0 | 0 | 0.0 | 0.0 |
| Profitability | ||||||||||||||||||||||||||||||||||||||
| EBITDA | 88.4 | 63.8 | 21.8 | 3.9 | (35.6) | (33.2) | (33.5) | (19.5) | (24.8) | (37.9) | (25.0) | (13.5) | (21.5) | (10.1) | (5.3) | (7.3) | (7.9) | (14.5) | (10.5) | (5.5) | (4.8) | (7.4) | (14.9) | (14.1) | (13.0) | (13.8) | (13.3) | (12.6) | (5.0) | (12.9) | (9.0) | (8.6) | (5.6) | (9.3) | (6.9) | (14.9) | (6.1) | (7.3) |
| EBIT | 88.0 | 63.3 | 21.5 | 3.4 | (35.9) | (33.7) | (34.0) | (20.2) | (25.3) | (38.4) | (25.5) | (14.0) | (22.1) | (10.6) | (5.8) | (8.5) | (8.9) | (15.5) | (11.4) | (7.1) | (6.3) | (9.0) | (15.9) | (14.8) | (13.7) | (14.5) | (13.9) | (13.2) | (5.6) | (13.5) | (9.5) | (9.0) | (6.0) | (9.6) | 12.9 | (15.1) | (6.4) | (7.6) |
| Income Before Tax | 81.7 | 56.8 | 14.6 | (3.5) | (41.6) | (38.4) | (38.4) | (23.2) | (27.9) | (40.9) | (27.4) | (15.8) | (23.5) | (11.7) | (6.5) | (9.1) | (9.4) | (15.9) | (11.6) | (7.3) | (6.6) | (9.2) | (16.1) | (15.0) | (13.9) | (14.8) | (14.5) | (13.4) | (5.9) | (13.8) | (9.7) | (9.7) | (6.3) | (27.5) | 8.2 | (19.2) | (8.3) | (9.8) |
| Income Tax Expense | 7.0 | 3.9 | 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 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income | 74.7 | 52.9 | 14.6 | (3.5) | (41.6) | (38.4) | (38.4) | (23.2) | (27.9) | (40.9) | (27.4) | (15.8) | (23.5) | (11.7) | (6.5) | (9.1) | (9.4) | (15.9) | (11.6) | (7.3) | (6.6) | (9.2) | (16.1) | (15.0) | (13.9) | (14.8) | (14.5) | (13.4) | (5.9) | (13.8) | (9.7) | (9.7) | (6.3) | (27.5) | 8.2 | (19.2) | (8.3) | (9.8) |
| Per Share Data | ||||||||||||||||||||||||||||||||||||||
| EPS (Basic) | 0.84 | 0.60 | 0.17 | -0.04 | -0.49 | -0.45 | -0.45 | -0.30 | -0.37 | -0.54 | -0.42 | -0.24 | -0.36 | -0.18 | -0.10 | -0.14 | -0.15 | -0.30 | -0.23 | -0.14 | -0.13 | -0.21 | -0.42 | -0.40 | -0.49 | -0.52 | -0.71 | -0.72 | -0.31 | -0.86 | -0.62 | -0.83 | -0.41 | -3.20 | 0.96 | -2.24 | -0.97 | -1.15 |
| EPS (Diluted) | 0.74 | 0.52 | 0.15 | -0.04 | -0.49 | -0.45 | -0.45 | -0.30 | -0.37 | -0.54 | -0.42 | -0.24 | -0.36 | -0.18 | -0.10 | -0.14 | -0.15 | -0.30 | -0.23 | -0.14 | -0.13 | -0.21 | -0.42 | -0.40 | -0.49 | -0.52 | -0.71 | -0.72 | -0.31 | -0.86 | -0.62 | -0.83 | -0.41 | -3.20 | 0.96 | -2.24 | -0.97 | -1.15 |
| Shares Outstanding | 88.9 | 88.0 | 87.1 | 86.3 | 85.6 | 85.2 | 84.7 | 78.3 | 76.4 | 75.4 | 65.7 | 64.9 | 64.8 | 64.7 | 62.7 | 64.5 | 62.2 | 52.5 | 51.1 | 52.1 | 50.8 | 43.4 | 38.7 | 37.8 | 28.5 | 28.4 | 20.4 | 18.6 | 18.7 | 16.0 | 15.5 | 11.6 | 15.1 | 8.6 | 8.6 | 8.6 | 8.6 | 8.6 |
| 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 | 2017 Q4 | 2017 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 284.2 | 222.8 | 190.7 | 157.5 | 173.4 | 169.8 | 176.5 | 204.4 | 133.1 | 157.9 | 83.7 | 76.2 | 88.2 | 94.4 | 93.3 | 98.3 | 103.8 | 57.8 | 57.5 | 64.1 | 67.9 | 53.6 | 65.3 | 79.6 | 23.6 | 40.1 | 55.8 | 39.3 | 52.1 | 60.8 | 39.5 | 47.5 | 9.2 | 17.6 | 3.4 | (1.4) |
| 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 | 0 | 0 | 0 | 0 | 0 | 2.9 |
| Net Receivables | 108.6 | 74.2 | 54.1 | 36.0 | 10.0 | 1.2 | 2.7 | 4.2 | 3.2 | 2.6 | 4.1 | 3.3 | 4.1 | 4.1 | 5.0 | 3.1 | 3.8 | 3.3 | 3.0 | 3.1 | 3.0 | 0.6 | 0 | 0 | 0 | 0 | 0 | 0.9 | 0.6 | 0.0 | 0.3 | 0.1 | 0.1 | 0.6 | 1.6 | 0 |
| Inventory | 36.2 | 28.5 | 0 | 24.5 | 6.4 | 1.3 | 0.2 | 0.0 | 7.2 | 3.5 | 0 | 0 | 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 | 0 | 7.6 | (54.1) | 8.7 | 5.7 | 4.9 | 5.7 | 5.6 | 3.7 | 4.0 | 0 | 3.4 | 0.6 | 1.1 | 1.5 | 0 | 0 | 0 | (0.0) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Assets | 437.7 | 333.1 | 190.7 | 226.7 | 195.6 | 177.2 | 185.1 | 214.2 | 147.3 | 167.9 | 89.9 | 83.0 | 92.9 | 99.7 | 99.8 | 103.1 | 108.5 | 62.0 | 61.3 | 67.5 | 71.3 | 55.1 | 66.1 | 80.6 | 24.3 | 41.0 | 56.4 | 40.7 | 53.0 | 61.1 | 40.0 | 47.8 | 9.5 | 18.5 | 5.5 | 1.4 |
| Non-Current Assets | ||||||||||||||||||||||||||||||||||||
| Property, Plant & Equipment | 38.6 | 25.2 | 0 | 14.7 | 13.6 | 12.6 | 12.5 | 9.2 | 7.9 | 7.2 | 6.2 | 6.2 | 6.1 | 6.4 | 6.3 | 6.1 | 6.5 | 7.0 | 7.4 | 7.9 | 8.4 | 8.9 | 9.5 | 10.1 | 10.7 | 11.4 | 12.1 | 10.9 | 11.3 | 11.4 | 8.1 | 8.2 | 8.5 | 8.4 | 8.2 | 0 |
| Goodwill | 3.9 | 3.9 | 3.9 | 3.9 | 3.9 | 3.9 | 3.9 | 3.9 | 3.9 | 3.9 | 3.9 | 3.9 | 3.9 | 3.9 | 3.9 | 3.9 | 3.9 | 3.9 | 3.9 | 3.9 | 3.9 | 3.9 | 3.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 2.8 | 2.9 | 3.0 | 3.0 | 3.1 | 3.1 | 3.2 | 3.2 | 3.3 | 3.4 | 3.4 | 3.5 | 3.6 | 3.6 | 3.7 | 3.8 | 4.0 | 4.2 | 4.4 | 4.5 | 4.9 | 5.2 | 5.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 3.5 | 3.5 | 3.5 | 3.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 37.9 | 32.1 | 126.9 | 24.1 | 37.8 | 30.6 | 25.7 | 22.4 | 15.0 | 14.7 | 14.9 | 15.1 | 15.2 | 15.3 | 15.5 | 15.7 | 16.2 | 16.5 | 16.7 | 16.5 | 15.9 | 15.4 | 14.6 | 0.4 | 0.4 | 0.4 | 0.4 | 0.6 | 0.4 | 1.2 | 1.3 | 1.2 | 2.7 | 2.3 | 1.1 | (1.4) |
| Total Non-Current Assets | 84.2 | 68.5 | 137.3 | 49.3 | 61.8 | 50.2 | 45.2 | 38.7 | 30.1 | 29.2 | 28.4 | 28.7 | 28.7 | 29.2 | 29.4 | 29.5 | 30.6 | 31.6 | 32.5 | 32.8 | 33.1 | 33.4 | 33.5 | 10.5 | 11.1 | 11.8 | 12.5 | 11.5 | 11.7 | 12.6 | 9.4 | 9.4 | 11.2 | 10.7 | 9.4 | (1.4) |
| Total Assets | 521.9 | 401.5 | 327.9 | 276.0 | 257.4 | 227.4 | 230.3 | 252.9 | 177.4 | 197.1 | 118.3 | 111.6 | 121.6 | 128.9 | 129.2 | 132.6 | 139.1 | 93.5 | 93.7 | 100.3 | 104.4 | 88.5 | 99.5 | 91.1 | 35.4 | 52.8 | 68.8 | 52.2 | 64.7 | 73.7 | 49.4 | 57.2 | 20.8 | 29.2 | 14.8 | 0 |
| Current Liabilities | ||||||||||||||||||||||||||||||||||||
| Account Payables | 12.7 | 11.0 | 3.7 | 6.0 | 11.3 | 8.7 | 4.7 | 2.3 | 5.7 | 2.5 | 1.4 | 1.8 | 1.9 | 0.8 | 2.2 | 1.1 | 1.4 | 1.7 | 1.1 | 1.6 | 2.5 | 3.0 | 3.7 | 3.4 | 2.5 | 5.5 | 3.5 | 4.5 | 4.1 | 6.0 | 3.2 | 2.9 | 3.6 | 4.7 | 4.4 | 0 |
| Short-Term Debt | 0 | 50.2 | 58.4 | 56.5 | 44.1 | 37.6 | 18.0 | 0 | 0 | 0 | 2.6 | 0 | 0 | 0 | 0 | 0 | 1.1 | 0 | 0 | 0 | 0 | 0 | 0 | 5.6 | 5.6 | 5.6 | 5.6 | 4.3 | 2.8 | 0.9 | 0.3 | 0.3 | 6.7 | 5.5 | 15.6 | 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 | 8,071.9 | 8,071.9 | 0.3 | 0.4 | 0.4 | 3.6 | 0 |
| Other Current Liabilities | 54.0 | 6.0 | 20.3 | 31.3 | 5.8 | 6.3 | 10.3 | 8.5 | 6.6 | 4.7 | 8.5 | 3.0 | 2.2 | 1.0 | 2.9 | 2.2 | 2.4 | 0.8 | 3.2 | 2.1 | 1.6 | 1.5 | 5.0 | 2.1 | 2.1 | 1.4 | 3.2 | 0 | 2.1 | 0 | 0.3 | 1.8 | 1.7 | 2.5 | 3.9 | 0 |
| Total Current Liabilities | 189.3 | 149.7 | 135.8 | 102.9 | 78.4 | 60.5 | 41.8 | 33.8 | 24.2 | 21.9 | 18.6 | 12.2 | 19.5 | 6.8 | 8.8 | 7.5 | 6.8 | 8.0 | 7.3 | 7.1 | 7.0 | 7.9 | 11.7 | 14.2 | 13.3 | 16.1 | 16.9 | 14.2 | 12.3 | 11.0 | 8.2 | 7.6 | 14.5 | 14.3 | 30.5 | 0 |
| Non-Current Liabilities | ||||||||||||||||||||||||||||||||||||
| Long-Term Debt | 122.2 | 127.6 | 132.9 | 136.4 | 149.5 | 103.2 | 97.4 | 0 | 0 | 0 | 43.4 | 0 | 0 | 0 | 19.9 | 19.7 | 19.6 | 19.5 | 10.4 | 10.3 | 10.3 | 10.2 | 10.3 | 6.1 | 7.5 | 8.9 | 10.3 | 11.6 | 13.0 | 9.9 | 11.6 | 10.7 | 5.7 | 6.9 | 5.6 | 0 |
| Deferred Tax Liabilities | 0 | 0.9 | 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 | (0.4) | (0.5) | (0.6) | (0.5) | (0.5) | 0 |
| Other Non-Current Liabilities | 9.5 | 8.5 | 8.4 | 8.3 | 8.0 | 7.5 | 7.3 | 107.1 | 88.7 | 86.9 | 6.7 | 48.8 | 38.5 | 37.2 | 6.6 | 6.6 | 6.5 | 6.4 | 6.1 | 5.1 | 3.0 | 2.1 | 1.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.4 | 2.5 | 4.8 | 2.6 | 11.9 | 0 |
| Total Non-Current Liabilities | 137.5 | 143.2 | 147.4 | 151.0 | 163.8 | 117.2 | 111.3 | 108.5 | 90.4 | 88.9 | 52.5 | 51.5 | 41.4 | 40.5 | 30.0 | 30.1 | 30.1 | 30.2 | 21.1 | 20.3 | 18.4 | 17.7 | 16.7 | 11.6 | 13.2 | 14.9 | 17.0 | 18.5 | 20.3 | 25.4 | 22.5 | 21.7 | 19.2 | 18.9 | 18.0 | 0 |
| Total Liabilities | 326.8 | 293.0 | 283.2 | 253.9 | 242.2 | 177.7 | 153.0 | 142.4 | 114.6 | 110.9 | 71.0 | 63.6 | 60.9 | 47.3 | 38.8 | 37.5 | 37.0 | 38.1 | 28.5 | 27.3 | 25.4 | 25.5 | 28.4 | 25.8 | 26.6 | 31.0 | 33.9 | 32.7 | 32.6 | 36.4 | 30.7 | 29.4 | 33.7 | 33.2 | 48.5 | 0 |
| Stockholders' Equity | ||||||||||||||||||||||||||||||||||||
| Common Stock | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 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 | 0.0 | 0.0 | 0 |
| Retained Earnings | (498.7) | (573.5) | (626.3) | (640.9) | (637.3) | (595.8) | (559.5) | (521.1) | (498.0) | (470.0) | (429.1) | (401.6) | (385.9) | (362.3) | (350.6) | (344.1) | (335.0) | (325.5) | (309.6) | (298.0) | (290.7) | (284.2) | (275.0) | (258.9) | (243.9) | (230.0) | (215.2) | (200.7) | (187.3) | (181.4) | (167.1) | (157.4) | (147.7) | (141.4) | (113.4) | 0 |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (9.7) | (9.4) | (9.1) | (9.3) | (8.9) | (8.5) | (0.1) | (7.8) | (18.3) |
| Total Stockholders' Equity | 195.1 | 108.6 | 44.7 | 22.1 | 15.2 | 49.7 | 77.3 | 110.5 | 62.7 | 86.3 | 47.3 | 48.0 | 60.7 | 81.6 | 90.4 | 95.0 | 102.1 | 55.4 | 65.3 | 73.0 | 79.0 | 62.9 | 71.1 | 65.3 | 8.9 | 21.8 | 34.9 | 19.5 | 32.1 | 37.3 | 18.7 | 27.9 | (12.9) | (4.0) | (33.7) | (18.2) |
| Total Liabilities & Equity | 521.9 | 401.5 | 327.9 | 276.0 | 257.4 | 227.4 | 230.3 | 252.9 | 177.4 | 197.1 | 118.3 | 111.6 | 121.6 | 128.9 | 129.2 | 132.6 | 139.1 | 93.5 | 93.7 | 100.3 | 104.4 | 88.5 | 99.5 | 91.1 | 35.4 | 52.8 | 68.8 | 52.2 | 64.7 | 73.7 | 49.4 | 57.2 | 20.8 | 29.2 | 14.8 | (18.2) |
| Debt Metrics | ||||||||||||||||||||||||||||||||||||
| Total Debt | 128.9 | 184.8 | 197.9 | 199.2 | 200.4 | 147.7 | 122.4 | 2.7 | 3.0 | 3.2 | 49.5 | 3.8 | 4.0 | 4.3 | 24.5 | 24.6 | 24.7 | 24.9 | 16.1 | 16.3 | 16.4 | 16.6 | 17.1 | 18.9 | 20.8 | 22.6 | 24.4 | 24.4 | 24.7 | 19.6 | 12.8 | 12.0 | 13.5 | 13.3 | 22.1 | 0 |
| Net Debt | (155.2) | (38.0) | 7.2 | 41.7 | 27.0 | (22.1) | (54.1) | (201.7) | (130.1) | (154.6) | (34.1) | (72.5) | (84.2) | (90.1) | (68.8) | (73.7) | (79.1) | (32.9) | (41.4) | (47.8) | (51.5) | (37.0) | (48.2) | (60.6) | (2.8) | (17.5) | (31.4) | (15.0) | (27.4) | (41.2) | (26.8) | (35.5) | 4.2 | (4.3) | 18.7 | 1.4 |
| 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 | 2017 Q4 | 2017 Q3 | 2017 Q2 | 2017 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||||||||||||||
| Net Income | 74.7 | (68.9) | 14.6 | (3.5) | (41.6) | (38.4) | (38.4) | (23.2) | (27.9) | (30.1) | (27.4) | (15.8) | (23.5) | (11.7) | (6.5) | (9.1) | (9.4) | (15.9) | (11.6) | (7.3) | (6.6) | (9.2) | (16.1) | (15.0) | (13.9) | (14.8) | (14.5) | (13.4) | (5.9) | (13.8) | (9.7) | (9.7) | (6.3) | (27.5) | 8.2 | (19.2) | (8.3) | (9.8) |
| Depreciation & Amortization | 0.4 | 0.5 | 0.3 | 0.5 | 0.3 | 0.5 | 0.5 | 0.6 | 0.6 | 0.5 | 0.5 | 0.5 | 0.6 | 0.6 | 0.6 | 1.1 | 1.0 | 0.9 | 0.9 | 1.5 | 1.6 | 1.6 | 1.0 | 0.7 | 0.7 | 0.7 | 0.5 | 0.6 | 0.6 | 0.6 | 0.4 | 0.4 | 0.4 | 0.3 | 0.3 | 0.2 | 0.2 | 0.2 |
| Stock-Based Compensation | 10.4 | 29.5 | 7.2 | 7.9 | 6.9 | 7.4 | 5.0 | 4.9 | 4.4 | 4.5 | 2.6 | 2.5 | 2.5 | 2.6 | 1.8 | 1.6 | 1.6 | 4.2 | 3.8 | 1.2 | 1.0 | 0.7 | 1.0 | 1.1 | 1.0 | 0.9 | 0.8 | 0.8 | 0.8 | 0.9 | 0.5 | 0.9 | 0.5 | 0.3 | 0.1 | 0.2 | 0.1 | 0.1 |
| Change in Working Capital | (12.3) | (24.2) | 13.2 | (21.6) | (10.8) | (4.9) | 4.0 | 0.1 | (2.4) | (3.1) | 6.3 | (0.6) | 3.3 | (3.2) | (0.6) | 0.3 | (1.8) | (0.0) | (0.8) | (1.5) | (4.3) | (5.7) | (0.0) | 0.6 | (1.0) | (1.3) | (1.2) | (0.2) | (7.7) | 2.1 | 0.7 | 2.2 | (0.9) | (1.6) | 1.8 | 1.2 | 0.3 | (2.9) |
| Other Non-Cash Items | 7.0 | 27.5 | 9.0 | 7.0 | 5.7 | 4.7 | 8.0 | (7.5) | 2.7 | 3.3 | 2.1 | 1.9 | 11.5 | 3.4 | 0.2 | 0.2 | 0.2 | 1.1 | 0.2 | 0.1 | 0.1 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.3 | 0.2 | (0.0) | 0.0 | (0.0) | 0.0 | (0.0) | 17.7 | 5.1 | 5.0 | 2.3 | 2.5 |
| Operating Cash Flow | 80.2 | (35.7) | 44.2 | (9.8) | (39.5) | (30.7) | (20.8) | (25.1) | (22.7) | (24.9) | (16.0) | (11.6) | (5.6) | (8.5) | (4.6) | (5.8) | (8.4) | (9.8) | (7.6) | (5.8) | (8.3) | (12.4) | (14.1) | (12.5) | (13.1) | (14.4) | (14.1) | (12.0) | (12.2) | (10.1) | (8.3) | (6.3) | (7.2) | (10.0) | (4.7) | (5.3) | (5.3) | (9.0) |
| Investing Activities | ||||||||||||||||||||||||||||||||||||||
| Capital Expenditure | (11.2) | (4.3) | (2.0) | (0.9) | (1.1) | (0.3) | (4.8) | (1.7) | (1.3) | (0.6) | (0.2) | (10.5) | (0.2) | (0.4) | (0.5) | (0.1) | (0.0) | 0 | (0.0) | (0.0) | (0.0) | (0.1) | (0.0) | (0.1) | (0.4) | (0.2) | (0.1) | (0.6) | (0.8) | (0.2) | (0.1) | (0.1) | (0.4) | (0.3) | (1.3) | (1.0) | (0.2) | (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 | 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 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | (1) | (2) | (2) | 0 | 0 | 0 | (3.5) | 0 | 0 | 0 | 0 | 0 | 0 | 0.0 | 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 |
| Investing Cash Flow | (12.2) | (6.3) | (4.0) | (0.9) | (1.1) | (0.3) | (4.8) | (1.7) | (1.3) | (0.6) | (0.2) | (10.5) | (0.2) | (0.4) | (0.5) | (0.1) | (0.0) | 0 | (0.0) | 0 | (0.0) | (0.1) | 1.0 | (0.1) | (0.4) | (0.2) | (0.1) | (0.6) | (0.8) | (0.2) | (0.1) | (0.1) | (0.4) | (0.3) | (1.3) | (1.0) | (0.2) | (0.1) |
| Financing Activities | ||||||||||||||||||||||||||||||||||||||
| Net Debt Issuance | (8.1) | 53.9 | (8.1) | (8.1) | 47.1 | 22.8 | (4.9) | 32.5 | (0.0) | 24.9 | (0.7) | 9.9 | (0.0) | (22.3) | (0.1) | (0.1) | (0.1) | 9.2 | (0.1) | (0.1) | (0.1) | (0.2) | (1.7) | (1.7) | (1.7) | (1.7) | (0.3) | (0.2) | 4.7 | (0.2) | 0.9 | (1.6) | (0.3) | (0.5) | 4.8 | 9.7 | (0.1) | 15.7 |
| 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 | (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 | 0 |
| Other Financing Activities | 0 | 1.0 | 0.1 | 0.3 | 0.4 | 0.2 | 2.9 | 1.6 | (0.8) | (0.1) | 0.1 | (0.5) | (0.4) | 31.8 | 0.0 | 0.1 | 0.1 | 0.3 | 1.1 | 2.1 | 0.9 | 0.9 | 0.5 | (0.2) | (1.3) | (0.1) | (0.1) | (0.0) | 0 | (0.2) | (0.5) | (1.0) | (0.5) | (0.3) | (0.9) | (0.4) | 0.0 | (0.0) |
| Financing Cash Flow | (6.6) | 59.7 | (7.0) | (5.2) | 47.7 | 24.3 | (2.3) | 98.1 | (0.8) | 99.7 | 23.6 | 10.1 | (0.4) | 9.9 | 0.1 | 0.3 | 54.5 | 10.1 | 1.0 | 2.0 | 22.5 | 0.8 | (1.1) | 68.6 | (3.0) | (1.0) | 30.7 | (0.2) | 4.3 | 31.6 | 0.4 | 44.7 | (0.8) | 24.4 | 3.9 | 9.3 | (0.1) | 15.7 |
| Cash Position | ||||||||||||||||||||||||||||||||||||||
| Net Change in Cash | 61.4 | 17.7 | 33.2 | (15.9) | 7.2 | (6.7) | (27.9) | 71.3 | (24.8) | 74.2 | 7.5 | (12.0) | (6.2) | 1.1 | (5.0) | (5.5) | 46.0 | 0.3 | (6.6) | (3.8) | 14.3 | (11.7) | (14.2) | 56.0 | (16.5) | (15.7) | 16.5 | (12.8) | (8.7) | 21.3 | (8.0) | 38.3 | (8.4) | 14.2 | (2.1) | 3.0 | (5.6) | 6.6 |
| Cash at Beginning | 226.3 | 176.5 | 157.5 | 176.9 | 169.8 | 176.5 | 204.4 | 133.1 | 157.9 | 83.7 | 76.2 | 88.2 | 94.4 | 93.3 | 98.3 | 103.8 | 57.8 | 57.5 | 64.1 | 67.9 | 53.6 | 65.3 | 79.6 | 23.6 | 40.1 | 55.8 | 39.3 | 52.1 | 60.8 | 39.5 | 47.5 | 9.2 | 17.6 | 3.4 | 5.5 | 2.5 | 8.0 | 1.4 |
| Cash at End | 287.7 | 194.2 | 190.7 | 161 | 176.9 | 169.8 | 176.5 | 204.4 | 133.1 | 157.9 | 83.7 | 76.2 | 88.2 | 94.4 | 93.3 | 98.3 | 103.8 | 57.8 | 57.5 | 64.1 | 67.9 | 53.6 | 65.3 | 79.6 | 23.6 | 40.1 | 55.8 | 39.3 | 52.1 | 60.8 | 39.5 | 47.5 | 9.2 | 17.6 | 3.4 | 5.5 | 2.5 | 8.0 |
| Free Cash Flow | 69.0 | (40.0) | 42.2 | (10.7) | (40.5) | (31.0) | (25.6) | (26.8) | (24.0) | (25.5) | (16.2) | (22.0) | (5.8) | (8.8) | (5.1) | (5.9) | (8.4) | (9.8) | (7.6) | (5.8) | (8.3) | (12.4) | (14.1) | (12.6) | (13.5) | (14.6) | (14.2) | (12.6) | (13.0) | (10.4) | (8.4) | (6.4) | (7.6) | (10.3) | (6.0) | (6.3) | (5.5) | (9.1) |
| 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 | 2017 Q4 | 2017 Q3 | 2017 Q2 | 2017 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||||||||||||||||||||||||
| Revenue | 171.7 | 132.9 | 92.0 | 54.3 | 8.8 | 3.1 | 2.9 | 4.4 | 3.7 | 3.0 | 4.5 | 3.7 | 4.8 | 4.5 | 5.4 | 3.2 | 3.9 | 3.5 | 3.2 | 3.2 | 3.4 | 3.1 | 0.7 | 0 | 0 | 0 | 0 | 0 | 8.1 | 0 | 0.6 | 0.2 | 1.0 | 0.9 | 1.8 | 1.8 | 2.0 | 1.6 |
| Gross Profit | 160.1 | 120.7 | 85.0 | 51.2 | 7.5 | 1.6 | 1.6 | 2.9 | 2.2 | 1.2 | 3.5 | 3.1 | 4.1 | 3.8 | 4.7 | 2.4 | 3.2 | 2.8 | 2.5 | 2.3 | 2.7 | 2.4 | 0.5 | 0 | 0 | 0 | 0 | 0 | 7.3 | 0 | (120.7) | 0.2 | 0.9 | 0.9 | 1.7 | 1.7 | 1.9 | 1.6 |
| Operating Income | 85.5 | 61.5 | 19.8 | 1.8 | (37.5) | (35.4) | (36.1) | (29.2) | (27.2) | (28.8) | (26.4) | (14.9) | (22.8) | (9.2) | (6.5) | (8.8) | (9.0) | (14.5) | (11.4) | (7.1) | (6.4) | (9.0) | (15.9) | (14.8) | (13.7) | (14.6) | (14.0) | (13.3) | (5.9) | (13.7) | (9.8) | (9.3) | (7.0) | (8.9) | (7.2) | (7.8) | (6.3) | (6.8) |
| Net Income | 74.7 | 52.9 | 14.6 | (3.5) | (41.6) | (38.4) | (38.4) | (23.2) | (27.9) | (40.9) | (27.4) | (15.8) | (23.5) | (11.7) | (6.5) | (9.1) | (9.4) | (15.9) | (11.6) | (7.3) | (6.6) | (9.2) | (16.1) | (15.0) | (13.9) | (14.8) | (14.5) | (13.4) | (5.9) | (13.8) | (9.7) | (9.7) | (6.3) | (27.5) | 8.2 | (19.2) | (8.3) | (9.8) |
| EPS (Diluted) | 0.74 | 0.52 | 0.15 | -0.04 | -0.49 | -0.45 | -0.45 | -0.30 | -0.37 | -0.54 | -0.42 | -0.24 | -0.36 | -0.18 | -0.10 | -0.14 | -0.15 | -0.30 | -0.23 | -0.14 | -0.13 | -0.21 | -0.42 | -0.40 | -0.49 | -0.52 | -0.71 | -0.72 | -0.31 | -0.86 | -0.62 | -0.83 | -0.41 | -3.20 | 0.96 | -2.24 | -0.97 | -1.15 |
| Balance Sheet | ||||||||||||||||||||||||||||||||||||||
| Cash & Equivalents | 284.2 | 222.8 | 190.7 | 157.5 | 173.4 | 169.8 | 176.5 | 204.4 | 133.1 | 157.9 | 83.7 | 76.2 | 88.2 | 94.4 | 93.3 | 98.3 | 103.8 | 57.8 | 57.5 | 64.1 | 67.9 | 53.6 | 65.3 | 79.6 | 23.6 | 40.1 | 55.8 | 39.3 | 52.1 | 60.8 | 39.5 | 47.5 | 9.2 | 17.6 | 3.4 | (1.4) | ||
| Total Assets | 521.9 | 401.5 | 327.9 | 276.0 | 257.4 | 227.4 | 230.3 | 252.9 | 177.4 | 197.1 | 118.3 | 111.6 | 121.6 | 128.9 | 129.2 | 132.6 | 139.1 | 93.5 | 93.7 | 100.3 | 104.4 | 88.5 | 99.5 | 91.1 | 35.4 | 52.8 | 68.8 | 52.2 | 64.7 | 73.7 | 49.4 | 57.2 | 20.8 | 29.2 | 14.8 | 0 | ||
| Total Debt | 128.9 | 184.8 | 197.9 | 199.2 | 200.4 | 147.7 | 122.4 | 2.7 | 3.0 | 3.2 | 49.5 | 3.8 | 4.0 | 4.3 | 24.5 | 24.6 | 24.7 | 24.9 | 16.1 | 16.3 | 16.4 | 16.6 | 17.1 | 18.9 | 20.8 | 22.6 | 24.4 | 24.4 | 24.7 | 19.6 | 12.8 | 12.0 | 13.5 | 13.3 | 22.1 | 0 | ||
| Stockholders' Equity | 195.1 | 108.6 | 44.7 | 22.1 | 15.2 | 49.7 | 77.3 | 110.5 | 62.7 | 86.3 | 47.3 | 48.0 | 60.7 | 81.6 | 90.4 | 95.0 | 102.1 | 55.4 | 65.3 | 73.0 | 79.0 | 62.9 | 71.1 | 65.3 | 8.9 | 21.8 | 34.9 | 19.5 | 32.1 | 37.3 | 18.7 | 27.9 | (12.9) | (4.0) | (33.7) | (18.2) | ||
| Cash Flow | ||||||||||||||||||||||||||||||||||||||
| Operating Cash Flow | 80.2 | (35.7) | 44.2 | (9.8) | (39.5) | (30.7) | (20.8) | (25.1) | (22.7) | (24.9) | (16.0) | (11.6) | (5.6) | (8.5) | (4.6) | (5.8) | (8.4) | (9.8) | (7.6) | (5.8) | (8.3) | (12.4) | (14.1) | (12.5) | (13.1) | (14.4) | (14.1) | (12.0) | (12.2) | (10.1) | (8.3) | (6.3) | (7.2) | (10.0) | (4.7) | (5.3) | (5.3) | (9.0) |
| Capital Expenditure | (11.2) | (4.3) | (2.0) | (0.9) | (1.1) | (0.3) | (4.8) | (1.7) | (1.3) | (0.6) | (0.2) | (10.5) | (0.2) | (0.4) | (0.5) | (0.1) | (0.0) | 0 | (0.0) | (0.0) | (0.0) | (0.1) | (0.0) | (0.1) | (0.4) | (0.2) | (0.1) | (0.6) | (0.8) | (0.2) | (0.1) | (0.1) | (0.4) | (0.3) | (1.3) | (1.0) | (0.2) | (0.1) |
| Free Cash Flow | 69.0 | (40.0) | 42.2 | (10.7) | (40.5) | (31.0) | (25.6) | (26.8) | (24.0) | (25.5) | (16.2) | (22.0) | (5.8) | (8.8) | (5.1) | (5.9) | (8.4) | (9.8) | (7.6) | (5.8) | (8.3) | (12.4) | (14.1) | (12.6) | (13.5) | (14.6) | (14.2) | (12.6) | (13.0) | (10.4) | (8.4) | (6.4) | (7.6) | (10.3) | (6.0) | (6.3) | (5.5) | (9.1) |