MARA - Marathon Digital Holdings, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$15.75
DETAILS
HIGH:
$30.00
LOW:
$7.00
MEDIAN:
$13.00
CONSENSUS:
$15.75
UPSIDE:
14.05%
| 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 | 2016 Q4 | 2016 Q3 | 2016 Q2 | 2016 Q1 | 2015 Q4 | 2015 Q3 | 2015 Q2 | 2015 Q1 | 2014 Q4 | 2014 Q3 | 2014 Q2 | 2014 Q1 | 2013 Q4 | 2013 Q3 | 2013 Q2 | 2013 Q1 | 2012 Q4 | 2012 Q3 | 2012 Q2 | 2012 Q1 | 2011 Q3 | 2011 Q2 | 2011 Q1 | 2010 Q4 | 2010 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Revenue | 174.6 | 202.3 | 252.4 | 238.5 | 213.9 | 214.4 | 131.6 | 145.1 | 165.2 | 156.8 | 97.8 | 81.8 | 51.1 | 28.4 | 12.7 | 24.9 | 51.7 | 60.3 | 51.7 | 29.3 | 9.2 | 2.6 | 0.8 | 0.3 | 0.6 | 0.3 | 0.3 | 0.4 | 0.2 | 0.3 | 0.3 | 0.7 | 0.2 | (0.1) | 0.2 | 0.4 | 0.1 | 0.2 | 0.0 | 34.3 | 2.1 | 7.1 | 6.4 | 1.4 | 4.1 | 1.3 | 13.5 | 3.8 | 2.8 | 1.2 | 0.7 | 1.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of Revenue | 337.0 | 443.5 | 43.1 | 41.7 | 43.5 | 267.2 | 198.7 | 93.9 | 6.1 | 146.1 | 113.2 | 92.5 | 51.1 | 43.6 | 40.1 | 41.4 | 26.4 | 24.6 | 10.3 | 7.0 | 54.8 | 6.3 | 2.3 | 1.8 | 1.4 | 1.2 | 0.9 | 0.8 | 1.0 | 2.2 | 1.3 | 1.2 | 0.7 | 2.6 | 1.9 | 1.8 | 1.5 | 1.9 | 2.3 | 16.6 | 3.7 | 6.3 | 4.9 | 4.9 | 5.9 | 5.0 | 6.4 | 2.5 | 1.1 | 0.3 | 0.9 | 0.8 | 0.4 | 2.7 | 1.6 | 0.1 | 0.8 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | (162.4) | (241.1) | 209.3 | 196.8 | 170.4 | (52.8) | (67.0) | 51.3 | 159.1 | 10.7 | (15.3) | (10.7) | 0.0 | (15.1) | (27.4) | (16.5) | 25.3 | 35.6 | 41.4 | 22.3 | (45.7) | (3.6) | (1.4) | (1.5) | (0.8) | (1.0) | (0.6) | (0.5) | (0.8) | (1.9) | (0.9) | (0.5) | (0.4) | (2.7) | (1.8) | (1.4) | (1.5) | (1.8) | (2.3) | 17.8 | (1.6) | 0.8 | 1.5 | (3.6) | (1.8) | (3.6) | 7.0 | 1.4 | 1.7 | 0.9 | (0.2) | 0.8 | (0.4) | (2.7) | (1.6) | (0.1) | (0.8) | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| R&D Expenses | 8.2 | 3.6 | 8.7 | 8.5 | 9.3 | 4.1 | 2.8 | 3.8 | 2.5 | 1.2 | 0.7 | 0.7 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 86.9 | 85.8 | 85.3 | 92.9 | 85.9 | 77.9 | 63.7 | 57.1 | 68.9 | 39.3 | 19.4 | 19.8 | 15.1 | 18.7 | 37.1 | 10.5 | 15.5 | 2.9 | 99.2 | 6.8 | 0.7 | 0.4 | 0.6 | 0.3 | 0.3 | 0.3 | 0.2 | 0.3 | 0.2 | 0.3 | 0.6 | 1.0 | 1.4 | 1.7 | 1.0 | 0.9 | 0.6 | 1.1 | 0.9 | 1.1 | 0.9 | 1.2 | 1.7 | 1.2 | 1.9 | 1.4 | 1.4 | 0.7 | 1.5 | 1.8 | 0.5 | 1.6 | 0.3 | (2.3) | 0.3 | 0.2 | 2.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Other Expenses | (8.6) | 1.3 | 67.7 | (584.5) | 616.3 | (475.8) | 38.7 | 222.7 | (282.0) | (1.2) | 44.7 | (25.2) | (137.4) | 390.5 | (20.5) | 171.2 | 24.4 | 11.1 | (35.4) | 125.8 | 0.7 | 0.9 | 0 | 0 | 0 | 0.4 | 0.0 | 0 | 0 | 2.2 | 0 | 2.9 | 0 | 0.2 | 1.2 | 0.6 | 0.7 | 11.1 | 7.6 | 2.7 | 2.4 | 7.3 | 2.9 | 3.8 | 2.6 | 4.8 | 3.6 | 0.9 | 0.5 | 0.2 | 0.4 | 0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 86.5 | 90.7 | 161.7 | (483.0) | 711.5 | (393.8) | 105.2 | 283.6 | (210.6) | 39.3 | 64.8 | (4.7) | (122.1) | 409.2 | 16.6 | 181.7 | 39.9 | 14.0 | 63.9 | 132.6 | 1.4 | 1.3 | 0.6 | 0.3 | 0.3 | 0.7 | 0.2 | 0.3 | 0.2 | 2.5 | 0.6 | 3.8 | 1.4 | 1.9 | 2.1 | 1.5 | 1.4 | 12.2 | 8.4 | 3.8 | 3.3 | 8.6 | 4.6 | 5.0 | 4.5 | 6.2 | 5.0 | 1.7 | 2.0 | 2.0 | 0.9 | 1.6 | 0.3 | (2.3) | 0.3 | 0.2 | 2.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Income | (248.9) | (331.8) | 47.6 | 679.8 | (541.1) | 341.0 | (172.2) | (232.4) | 369.7 | (28.6) | (80.2) | (6.1) | 122.1 | (424.3) | (44.0) | (198.2) | (14.5) | 21.6 | (22.4) | (110.3) | (47.1) | (5.0) | (2.0) | (1.8) | (1.1) | (1.7) | (0.8) | (0.7) | (1.0) | (4.4) | (1.5) | (4.3) | (1.8) | (4.5) | (3.9) | (2.9) | (2.8) | (13.9) | (10.7) | 14.0 | (4.9) | (7.7) | (3.1) | (8.6) | (6.3) | (9.8) | 2.1 | (0.3) | (0.3) | (1.1) | (1.0) | (0.8) | (0.7) | (0.4) | (1.8) | (0.3) | (3.1) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) |
| Interest Expense | 10.7 | 12.8 | 12.8 | 12.8 | 9.9 | 8.0 | 2.3 | 1.4 | 1.3 | 1.2 | 2.5 | 2.8 | 3.8 | 4.7 | 3.8 | 3.7 | 2.8 | 1.6 | 0.0 | 0.0 | 0.0 | 0 | 0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.4 | 2.0 | 2.5 | 1.3 | 0.6 | 0.6 | 0.6 | 0.6 | 0.8 | 1.0 | 0.7 | 1.1 | 1.6 | 0.9 | 0.5 | 0 | 0.0 | 0 | 0.0 | 0.0 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 10.5 | 16.5 | 17.7 | 9.6 | 12.0 | 8.1 | 3.9 | 2.2 | 0 | 0 | 0.4 | 0.1 | 0 | 0 | 0 | 0 | 0.2 | 0.3 | 0.1 | 0.1 | 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 | 0.0 | 0.0 | 0.0 | 0.0 | 0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EBITDA | (57.3) | (46.0) | 340.9 | 1,191.3 | (484.8) | 791.6 | (70.3) | (122.7) | 458.1 | 311.6 | 55.8 | 31.4 | 140.3 | (409.9) | (48.5) | (173.3) | (0.4) | 43.0 | (17.8) | (106.5) | 84.7 | (4.0) | (1.2) | (1.6) | (0.5) | (0.6) | (0.6) | (0.4) | (0.9) | (3.7) | (0.7) | (3.7) | (0.2) | (16.6) | (4.6) | (1.1) | (2.4) | (12.9) | (7.0) | 16.1 | (2.9) | (2.8) | (0.3) | (3.2) | (3.7) | (5.0) | 3.5 | 0.6 | 0.2 | (0.9) | (0.7) | (0.4) | (0.7) | (0.4) | (1.8) | (0.3) | (2.9) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) |
| EBIT | (248.9) | (331.8) | 173.6 | 1,029.5 | (642.7) | 654.6 | (171.6) | (229.9) | 376.5 | 240.7 | 2.2 | (5.9) | 122.5 | (423.7) | (74.8) | (198.0) | (14.3) | 36.1 | (22.2) | (108.9) | 83.4 | (5.2) | (2.0) | (2.2) | (1.0) | (1.1) | (0.7) | (0.6) | (1.0) | (4.3) | (1.3) | (4.3) | (0.4) | (16.7) | (5.1) | (1.7) | (3.1) | (14.4) | (9.0) | 14.1 | (4.9) | (5.1) | (3.2) | (6.3) | (6.3) | (7.7) | 2.0 | (0.3) | (0.3) | (1.1) | (1.1) | (0.8) | (0.7) | (0.4) | (1.8) | (0.3) | (2.9) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) |
| Income Before Tax | (1,293.3) | (1,893.2) | 160.8 | 1,016.7 | (652.6) | 646.5 | (173.9) | (231.3) | 375.2 | 239.5 | (0.3) | (8.8) | 118.8 | (428.4) | (78.6) | (201.8) | (17.1) | 34.5 | (22.2) | (108.9) | 83.4 | (5.2) | (2.0) | (2.2) | (1.1) | (1.2) | (0.8) | (0.6) | (1.0) | (4.3) | (1.3) | (4.7) | (2.4) | (19.1) | (6.4) | (2.3) | (3.7) | (15.0) | (9.6) | 13.2 | (5.9) | (5.8) | (4.2) | (7.8) | (7.3) | (8.2) | 2.0 | (0.3) | (0.3) | (1.1) | (1.1) | (0.8) | (0.7) | (0.5) | (1.8) | (0.3) | (2.9) | (0.0) | (0.0) | 0 | 0 | (0.0) |
| Income Tax Expense | (30.9) | (183.4) | 37.7 | 208.5 | (119.2) | 118.3 | (49.2) | (31.7) | 38.1 | 16.1 | 0.1 | 0.2 | 0.1 | (21.6) | (6.1) | 10.9 | (4.3) | 23.0 | (0.0) | (0.0) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0 | 0 | 0 | (0.1) | 0.0 | 0.0 | 0 | 11.5 | (3.3) | 5.3 | (2.0) | (1.9) | (0.5) | (3.3) | (2.5) | (3.4) | (1.5) | 0 | (0.0) | (0.0) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.0 | 0.0 | 0 |
| Net Income | (1,259.6) | (1,709.6) | 123.1 | 808.2 | (533.2) | 528.5 | (124.8) | (199.7) | 337.2 | 223.4 | (0.4) | (9.0) | 118.7 | (406.7) | (72.5) | (212.6) | (12.9) | 11.5 | (22.2) | (108.9) | 83.4 | (5.2) | (2.0) | (2.2) | (1.1) | (1.2) | (0.8) | (0.6) | (1.0) | (4.4) | (1.3) | (4.7) | (2.4) | (18.8) | (6.7) | (2.2) | (3.6) | (26.4) | (6.3) | 7.9 | (3.9) | (3.9) | (3.8) | (4.5) | (4.8) | (4.8) | 3.5 | (0.3) | (0.3) | (1.1) | (0.9) | (0.8) | (0.6) | (0.5) | (1.9) | (1.6) | (3.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) |
| Per Share Data | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS (Basic) | -3.31 | -4.81 | 0.33 | 2.29 | -1.55 | 1.36 | -0.42 | -0.72 | 1.30 | 0.98 | 0.36 | -0.07 | 0.75 | -3.25 | -0.65 | -1.94 | -0.13 | 0.11 | -0.22 | -1.09 | 0.88 | -0.06 | -0.06 | -0.13 | -0.12 | -0.15 | -0.12 | -0.09 | -0.16 | -0.69 | -0.22 | -0.93 | -0.63 | -8.02 | -4.26 | -1.56 | -3.03 | -26.61 | -6.67 | 8.48 | -4.16 | -4.29 | -4.17 | -5.15 | -5.52 | -5.89 | 4.96 | -0.46 | -0.41 | -1.62 | -1.43 | -1.53 | -1.38 | -1.30 | -5.81 | -7.14 | -13.32 | -0.03 | -0.03 | -0.03 | -0.17 | -0.00 |
| EPS (Diluted) | -3.31 | -4.81 | 0.27 | 1.84 | -1.55 | 1.25 | -0.42 | -0.72 | 1.26 | 0.96 | 0.34 | -0.07 | 0.72 | -3.25 | -0.65 | -1.94 | -0.13 | 0.10 | -0.22 | -1.09 | 0.87 | -0.06 | -0.06 | -0.13 | -0.12 | -0.15 | -0.12 | -0.09 | -0.16 | -0.69 | -0.22 | -0.93 | -0.63 | -8.02 | -4.26 | -1.56 | -3.03 | -26.61 | -6.67 | 7.84 | -4.16 | -4.29 | -4.17 | -5.15 | -5.52 | -5.58 | 3.52 | -0.46 | -0.41 | -1.62 | -1.43 | -1.53 | -1.38 | -1.30 | -5.81 | -7.14 | -13.32 | -0.03 | -0.03 | -0.03 | -0.17 | -0.00 |
| Shares Outstanding | 380.2 | 355.2 | 372.1 | 352.9 | 344.1 | 388.7 | 294.9 | 278.7 | 259.1 | 227.4 | 179.6 | 168.5 | 159.2 | 125.3 | 116.5 | 109.4 | 103.1 | 102.7 | 100.8 | 99.5 | 94.4 | 82.0 | 31.5 | 16.3 | 8.7 | 7.6 | 6.4 | 6.4 | 6.3 | 6.3 | 6.1 | 5.0 | 3.8 | 2.3 | 1.6 | 1.4 | 1.2 | 1.0 | 0.9 | 0.9 | 0.9 | 0.9 | 0.9 | 0.9 | 0.9 | 0.8 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.5 | 0.4 | 0.4 | 0.3 | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| 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 | 2016 Q4 | 2016 Q3 | 2016 Q2 | 2016 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||||||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 525.7 | 547.1 | 826.4 | 109.5 | 196.2 | 391.8 | 164.3 | 256.0 | 324.3 | 357.3 | 101.2 | 113.7 | 124.9 | 103.7 | 55.3 | 86.5 | 138.9 | 268.6 | 32.9 | 170.6 | 211.9 | 141.3 | 17.3 | 0.8 | 0.5 | 0.7 | 1.3 | 1.7 | 2.0 | 2.6 | 3.2 | 4.2 | 5.4 | 14.9 | 4.0 | 1.1 | 0.5 | 5.0 | 1.3 | 7.2 | 1.4 |
| Short-Term Investments | 1.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 353.4 | 319.1 | 208.8 | 166.9 | 281.8 | 0 | 0.5 | 0.1 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 25.6 | 18.5 | 0 | 31.0 | 8.6 | 6.3 | 2.8 | 18.7 | 8.4 | 2.1 | 1.2 | 0.8 | 0.2 | 0.0 | 1 | 30 | 34.7 | 26.9 | 0 | 0 | 0 | 74.8 | 0 | 0 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0 | 0 | 0.0 | 0.7 | 0.7 | 0.7 | 0.1 | 0.1 | 0.1 | 0.2 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14.2 | 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 | 0.1 | 0.2 | 0 | 0.2 | 0.2 | 0.1 |
| Other Current Assets | 57.9 | 79.1 | 95.1 | 76.5 | 58.9 | 53.5 | 45.8 | 71.0 | 1,267.3 | 630.6 | 323.1 | 300.5 | 249.3 | 171.5 | 161.2 | 205.7 | 65.6 | 69.6 | 277.2 | 150.5 | 139.6 | 4.7 | 13.9 | 4.9 | 0.9 | 0.8 | 0.0 | 0.0 | 0.0 | 0.5 | 0.6 | 0.4 | 0.1 | 0 | 3.9 | 0.4 | 0.4 | 0.4 | 1.0 | 2.4 | 1.4 |
| Total Current Assets | 611.1 | 664.3 | 961.9 | 236.5 | 291.8 | 470.4 | 239.4 | 371.9 | 1,640.8 | 1,029.8 | 432.6 | 422.4 | 386.3 | 277.5 | 240.1 | 362.2 | 592.6 | 684.2 | 554.6 | 491.7 | 635.9 | 286.4 | 31.6 | 5.8 | 1.5 | 1.5 | 1.6 | 1.9 | 2.3 | 3.0 | 3.8 | 5.2 | 5.6 | 15.0 | 4.9 | 2.3 | 1.8 | 5.5 | 2.5 | 9.8 | 3.2 |
| Non-Current Assets | |||||||||||||||||||||||||||||||||||||||||
| Property, Plant & Equipment | 1,440.4 | 1,523.0 | 1,575.9 | 1,667.0 | 1,593.4 | 1,566.4 | 1,101.5 | 898.3 | 810.1 | 672.2 | 742.2 | 784.4 | 716.1 | 274.3 | 404.9 | 315.4 | 334.6 | 276.2 | 93.9 | 80.2 | 42.0 | 17.4 | 4.9 | 3.9 | 3.1 | 4.1 | 5.0 | 1.1 | 1.3 | 1.0 | 3.9 | 4.5 | 5.6 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 |
| Goodwill | 90.5 | 0 | 82.8 | 82.8 | 82.8 | 82.8 | 45.4 | 45.4 | 30.9 | 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 | 0.2 | 0.2 | 0.2 | 0.2 | 4.5 | 4.5 | 4.6 |
| Intangible Assets | 43.1 | 1.0 | 0.8 | 2.1 | 2.4 | 2.7 | 2.0 | 2.2 | 21.7 | 0.2 | 0 | 0 | 0 | 0.2 | 0 | 0 | 0 | 0.9 | 0.9 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.2 | 1.2 | 1.2 | 0.0 | 7.6 | 11.4 | 11.7 | 12.3 | 19.6 | 23.5 | 23.2 |
| Long-Term Investments | 819.4 | 3,503.1 | 137.1 | 3,821.1 | 2,882.5 | 3,335.5 | 1,847.2 | 1,274.9 | 112.2 | 166.1 | 103.0 | 99.9 | 80.2 | 37 | 37.0 | 17.0 | 13.5 | 3 | 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 | 1,944.8 | 1,595.6 | 6,394.8 | 1,911.9 | 1,567.9 | 1,343.6 | 316.1 | 524.4 | 341.4 | 122.9 | 105.9 | 66.5 | 121.3 | 606.2 | 793.8 | 815.0 | 597.4 | 479.9 | 14.9 | 11.1 | 7.9 | 8.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.0) | 0 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 |
| Total Non-Current Assets | 4,338.2 | 6,622.6 | 8,191.5 | 7,485.0 | 6,152.6 | 6,330.9 | 3,340.8 | 2,745.2 | 1,316.2 | 961.2 | 951.1 | 950.8 | 917.6 | 917.7 | 1,235.7 | 1,147.4 | 945.5 | 760.1 | 109.8 | 92.2 | 50.8 | 26.8 | 5.9 | 4.9 | 4.2 | 5.1 | 6.1 | 2.2 | 2.4 | 2.2 | 5.0 | 5.6 | 6.8 | 0.0 | 7.8 | 11.8 | 12.1 | 12.8 | 36.2 | 37.1 | 42.5 |
| Total Assets | 4,949.3 | 7,286.9 | 9,153.4 | 7,721.4 | 6,444.4 | 6,801.3 | 3,580.1 | 3,117.2 | 2,957.0 | 1,991.0 | 1,383.8 | 1,373.2 | 1,303.9 | 1,195.2 | 1,475.8 | 1,509.6 | 1,538.1 | 1,444.3 | 664.3 | 583.9 | 686.7 | 313.3 | 37.5 | 10.7 | 5.7 | 6.6 | 7.7 | 4.1 | 4.7 | 5.2 | 8.9 | 10.8 | 12.4 | 15.1 | 12.7 | 14.1 | 13.9 | 18.3 | 38.7 | 46.9 | 45.6 |
| Current Liabilities | |||||||||||||||||||||||||||||||||||||||||
| Account Payables | 7.8 | 12.5 | 11.4 | 9.8 | 6.5 | 12.6 | 12.6 | 28.8 | 33.3 | 11.3 | 15.2 | 7.2 | 3.2 | 1.3 | 19.1 | 51.3 | 7.7 | 7.8 | 3.4 | 2.6 | 1.0 | 1.0 | 1.0 | 0.8 | 1.3 | 1.2 | 1.1 | 1.1 | 1.2 | 1.2 | 1.3 | 2.0 | 2.1 | 2.0 | 2.0 | 5.3 | 6.1 | 7.2 | 6.1 | 6.1 | 8.8 |
| Short-Term Debt | 200.7 | 397.8 | 350 | 350 | 300 | 0 | 0 | 0 | 0 | 0.1 | 0 | 0 | 0 | 0 | 0 | 35 | 0.3 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0.1 | 0.1 | 0 | 1.1 | 1.1 | 1.1 | 1.0 | 0 | 1.0 | 1.6 | 1.8 | 15.6 | 5.6 | 3.7 | 13.2 | 11.1 | 8.8 | 11.4 |
| 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 | 1.9 | (1.1) | (1.2) | (1.2) | 0 | 0 | 0 | 0 | (2.0) | (5.3) | (6.1) | (7.2) | (6.1) | (6.1) | (8.8) |
| Other Current Liabilities | 122.9 | 44.0 | 22.1 | 23.2 | 15.1 | 18.9 | 9.8 | 2.7 | 4.3 | (0.1) | 0 | 0 | 0 | 0 | 0 | 0 | 6.8 | 3.5 | 0.5 | 0.7 | 1.9 | 0.3 | 0.0 | 0.0 | 0.0 | 0.0 | (0.0) | 0.0 | (0.0) | 0.0 | 0.1 | 0.2 | 0.3 | 3.9 | 3.7 | 0.1 | 0.1 | 0.1 | 0.1 | 0 | 0.1 |
| Total Current Liabilities | 331.5 | 521.9 | 459.4 | 441.0 | 368.4 | 95.2 | 59.8 | 99.2 | 71.1 | 33.8 | 38.2 | 28.3 | 23.8 | 26.1 | 45.5 | 90.1 | 14.8 | 11.2 | 3.9 | 3.3 | 2.9 | 1.4 | 1.1 | 0.9 | 1.4 | 1.9 | 4.1 | 2.3 | 2.3 | 2.3 | 1.5 | 3.1 | 4.0 | 7.7 | 21.2 | 11.0 | 9.9 | 20.5 | 17.3 | 14.9 | 20.3 |
| Non-Current Liabilities | |||||||||||||||||||||||||||||||||||||||||
| Long-Term Debt | 2,218.3 | 3,202.1 | 3,247.6 | 2,250.5 | 2,298.5 | 2,446.6 | 618.7 | 326.5 | 326.1 | 325.7 | 325.3 | 734.2 | 733.3 | 782.2 | 781.2 | 730.3 | 729.4 | 728.4 | 0 | 0 | 0.1 | 0.1 | 0.1 | 0.1 | 1.0 | 1.0 | 0 | 0 | 0 | 0 | 1.0 | 0 | 0 | 0 | 0 | 11.5 | 12.7 | 4.7 | 6.5 | 9.0 | 10.5 |
| Deferred Tax Liabilities | 8.6 | 29.9 | 0 | 178.1 | 0 | 88.5 | 0 | 20.8 | 52.8 | 15.3 | 0 | 0 | 0.1 | 0 | 22.8 | 28.6 | 18.7 | 22.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.4 | 0.8 | 1.0 |
| Other Non-Current Liabilities | 12.7 | 12.5 | 228.0 | 12.0 | 11.8 | 8.4 | 26.2 | 8.0 | 17.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.7 | 2.7 | 2.9 | 2.4 | 2.1 | 4.2 | 4.3 |
| Total Non-Current Liabilities | 2,284.6 | 3,287.9 | 3,519.0 | 2,484.2 | 2,347.4 | 2,570.2 | 664.8 | 375.3 | 409.0 | 341.3 | 325.7 | 734.7 | 734.2 | 783.2 | 805.1 | 760.0 | 749.2 | 751.0 | 0 | 0 | 0.1 | 0.1 | 0.1 | 0.1 | 1.1 | 1.1 | 0.1 | 0.2 | 0.2 | 1.0 | 1.0 | 3.0 | 3.7 | 3.7 | 0.7 | 14.2 | 15.6 | 7.1 | 9.0 | 14.0 | 15.7 |
| Total Liabilities | 2,616.0 | 3,809.8 | 3,978.4 | 2,925.2 | 2,715.8 | 2,665.4 | 724.6 | 474.5 | 480.1 | 375.1 | 363.8 | 763.0 | 758.1 | 809.3 | 850.7 | 850.1 | 764.0 | 762.2 | 3.9 | 3.3 | 3.0 | 1.5 | 1.2 | 1.1 | 2.5 | 3.0 | 4.2 | 2.4 | 2.5 | 2.3 | 2.5 | 3.1 | 4.0 | 7.7 | 21.9 | 25.1 | 25.4 | 27.6 | 26.3 | 28.9 | 36.0 |
| 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 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | (2,597.5) | (1,337.9) | 371.8 | 248.6 | (559.6) | (26.4) | (554.9) | (430.1) | (230.5) | (567.6) | (802.6) | (866.7) | (847.6) | (840.3) | (432.3) | (356.8) | (165.2) | (153.6) | (163.8) | (141.6) | (32.7) | (116.1) | (110.8) | (108.8) | (106.7) | (105.6) | (104.5) | (103.7) | (103.1) | (102.1) | (97.7) | (96.4) | (91.7) | (89.3) | (70.4) | (63.7) | (61.5) | (57.9) | (31.5) | (25.3) | (33.2) |
| Accumulated Other Comprehensive Income | (4.5) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.5) | (0.5) | (0.5) | 0 | (0.5) | (0.5) | (0.5) | (0.5) | (0.5) | (0.5) | (0.5) | (0.5) | (0.5) | (0.5) | (0.5) | (0.5) | (0.5) | (0.5) | (0.5) | (0.5) | (0.5) | (0.9) | (1.1) | (1.1) | (1.0) | (1.2) | (1.0) |
| Total Stockholders' Equity | 2,232.0 | 3,471.7 | 5,158.3 | 4,791.7 | 3,724.7 | 4,129.0 | 2,855.6 | 2,642.7 | 2,476.9 | 1,615.9 | 1,020.0 | 610.2 | 545.9 | 385.9 | 625.1 | 659.4 | 774.1 | 682.1 | 660.4 | 580.5 | 683.7 | 311.7 | 36.3 | 9.7 | 3.2 | 3.6 | 3.5 | 1.7 | 2.2 | 2.9 | 6.4 | 7.7 | 8.4 | 7.4 | (9.0) | (10.7) | (11.3) | (9.1) | 12.4 | 18.0 | 9.6 |
| Total Liabilities & Equity | 4,949.3 | 7,286.9 | 9,153.4 | 7,721.4 | 6,444.4 | 6,801.3 | 3,580.1 | 3,117.2 | 2,957.0 | 1,991.0 | 1,383.8 | 1,373.2 | 1,303.9 | 1,195.2 | 1,475.8 | 1,509.6 | 1,538.1 | 1,444.3 | 664.3 | 583.9 | 686.7 | 313.3 | 37.5 | 10.7 | 5.7 | 6.6 | 7.7 | 4.1 | 4.7 | 5.2 | 8.9 | 10.8 | 12.4 | 15.1 | 12.7 | 14.1 | 13.9 | 18.3 | 38.7 | 46.9 | 45.6 |
| Debt Metrics | |||||||||||||||||||||||||||||||||||||||||
| Total Debt | 2,464.0 | 3,645.4 | 3,642.5 | 2,645.3 | 2,636.6 | 2,473.7 | 639.1 | 346.9 | 340.5 | 326.1 | 325.8 | 734.8 | 734.5 | 783.5 | 782.6 | 766.6 | 730.7 | 728.4 | 0 | 0 | 0.1 | 0.2 | 0.2 | 0.2 | 1.2 | 1.2 | 1.2 | 1.2 | 1.3 | 1.0 | 1.0 | 1.0 | 1.6 | 1.8 | 15.6 | 17.1 | 16.4 | 17.8 | 17.6 | 17.8 | 21.9 |
| Net Debt | 1,938.3 | 3,098.2 | 2,816.1 | 2,535.8 | 2,440.4 | 2,081.9 | 474.8 | 90.9 | 16.2 | (31.2) | 224.6 | 621.2 | 609.6 | 679.8 | 727.3 | 680.1 | 591.8 | 459.9 | (32.9) | (170.6) | (211.9) | (141.1) | (17.1) | (0.6) | 0.7 | 0.5 | (0.1) | (0.4) | (0.7) | (1.6) | (2.2) | (3.2) | (3.8) | (13.2) | 11.5 | 16.0 | 15.9 | 12.8 | 16.3 | 10.7 | 20.5 |
| 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 | 2016 Q4 | 2016 Q3 | 2016 Q2 | 2016 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||||||||||||||||||||
| Net Income | (1,262.4) | (2.1) | (1.7) | 808.2 | (533.4) | 528.5 | (124.8) | (199.7) | 337.2 | 223.4 | 64.1 | (9.0) | (7.2) | (406.7) | (75.4) | (216.9) | (13.0) | 11.5 | (22.2) | (108.9) | 83.4 | (5.2) | (2.0) | (2.2) | (1.1) | (1.2) | (0.8) | (0.6) | (1.0) | (4.4) | (1.3) | (4.7) | (2.4) | (18.8) | (6.7) | (2.2) | (3.6) | (26.6) | (6.3) | 7.9 | (3.9) |
| Depreciation & Amortization | 191.6 | 285.8 | 167.3 | 161.7 | 157.9 | 137.0 | 101.4 | 107.3 | 81.6 | 71.0 | 53.5 | 37.3 | 17.7 | 13.8 | 26.3 | 24.7 | 18.6 | 6.9 | 4.3 | 2.4 | 0.8 | 1.2 | 0.8 | 0.5 | 0.6 | 0.5 | 0.2 | 0.2 | 0.2 | 0.6 | 0.6 | 0.6 | 0.2 | 0.0 | 0.5 | 0.6 | 0.7 | 1.4 | 2.0 | 2.0 | 2.0 |
| Stock-Based Compensation | 30.5 | 0 | 0 | 54.7 | 49.1 | 54.1 | 0 | 0 | 51.9 | 18.7 | 5.5 | 4.5 | 3.9 | 5.7 | 3.4 | 6.2 | 9.3 | 8.5 | 0 | 4.7 | 51.0 | 0.1 | 0.4 | 0.6 | 0.0 | 0.3 | 0.2 | 0.1 | 0.3 | 0.9 | 0.0 | 0.1 | 0.3 | 0.5 | 1.3 | 0.1 | 0.0 | 0.3 | 0.5 | 0.5 | 0.6 |
| Change in Working Capital | (202.7) | 718.9 | (243.8) | 250.2 | (250.2) | (372.7) | (432.4) | 7.1 | (0.6) | 3.6 | (103.4) | (60.0) | (34.5) | (74.3) | (13.6) | (27.9) | (63.6) | (21.1) | (28.8) | (27.7) | (9.3) | 0.1 | (0.6) | 0.4 | (0.2) | (0.7) | (0.3) | (0.4) | (0.3) | (0.3) | (0.9) | (1.2) | (2.3) | 4.7 | (2.8) | (0.8) | (1.8) | 2.0 | 1.2 | (3.3) | 2.5 |
| Other Non-Cash Items | 1,027.0 | (513.3) | (83.2) | (1,640.0) | 473.3 | (777.5) | 64.5 | 138.4 | (451.6) | (267.5) | (101.5) | (24.4) | (8.9) | 391.6 | 21.6 | 189.6 | 27.0 | (3.1) | 60.7 | 125.9 | 0.6 | 2.1 | 0.0 | (0.0) | 0.1 | (0.1) | (0.1) | 0.0 | 0.0 | 1.2 | 1.0 | 3.2 | 1.9 | 17.6 | (0.1) | (0.3) | 0.0 | 10.3 | 4.0 | 0.7 | 0.9 |
| Operating Cash Flow | (247.5) | 672.7 | (199.0) | (163.4) | (215.5) | (313.4) | (440.8) | 21.1 | 56.1 | 64.1 | (81.6) | (51.4) | (28.8) | (92.2) | (43.4) | (14.8) | (26.1) | 25.7 | 14.1 | (3.7) | (3.1) | (1.7) | (1.4) | (0.6) | (0.6) | (1.1) | (0.7) | (0.7) | (0.8) | (2.0) | (0.7) | (2.0) | (3.7) | 4.0 | (7.7) | (2.4) | (4.7) | (1.0) | (1.9) | 13.0 | 0.1 |
| Investing Activities | |||||||||||||||||||||||||||||||||||||||||
| Capital Expenditure | (79.5) | (164.5) | (84.8) | (118.9) | (38.9) | (189.2) | (38.0) | (17.2) | (9.1) | (1.8) | (2.5) | (6.0) | (17.3) | (21.3) | (6.1) | (7.2) | (6.5) | (486.6) | 35.8 | (41.1) | (88.7) | (14.6) | (12.2) | (1.3) | 0.0 | (0.0) | (0.0) | 0 | 0 | 0 | 0.0 | 0.5 | (6.1) | (0.0) | (0.0) | (0.0) | (0.0) | (0.1) | (2.4) | (1.2) | (0.0) |
| Acquisitions | (196.8) | 0 | 0 | 22.2 | (58.6) | (59.8) | 2.2 | (92.1) | (183.8) | (179.5) | (4.0) | (19.5) | (43.2) | (0.0) | (30.0) | (3.5) | (10.5) | 0.0 | 0 | 0 | 63.2 | 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 | 7.7 | (27.1) | (1,550.8) | (386.9) | (22.5) | (18.3) | (5.0) | (4.0) | 0 | (43.2) | (0.5) | (30.0) | 0 | (10.5) | (3) | 0 | 0 | (150) | 13.3 | 1.3 | (4.2) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | (8.7) | 8.7 | 33.9 | 4.7 | 68.9 | 44.8 | 264.9 | 65.6 | 51.3 | 43.2 | 849.3 | 0.5 | 0.5 | 10.5 | (0.0) | 0.5 | (0.0) | 0.0 | 0.8 | 0.5 | 0.3 | 0.5 | 0.3 | 0.3 | 0.4 | 0.2 | 0 | 0.6 | 0.3 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 1,466.6 | (46.7) | (285.7) | (29.5) | (94.0) | (231.0) | (119.7) | (215.1) | (250.2) | (73.6) | (21.5) | (50.3) | (11.6) | (849.7) | 31.5 | (114.9) | (192.4) | (30.1) | (135.6) | 7.3 | (63.2) | (65.6) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.3 | 0.6 | 0.3 | (0.1) | (2.8) | 2.8 | 0 | 0 | (0.1) | (2.4) | (1.1) | 0 |
| Investing Cash Flow | 1,190.3 | (46.7) | (285.7) | (127.2) | (209.8) | (1,996.8) | (537.7) | (278.0) | (416.6) | 5.0 | 33.6 | (24.6) | (72.0) | (22.2) | (34.1) | (125.1) | (209.4) | (519.7) | (99.3) | (33.8) | (238.7) | (66.2) | (10.4) | (5.2) | 0.5 | 0.3 | 0.3 | 0.4 | 0.2 | 1.3 | 0.0 | 0.5 | (6.1) | (2.8) | 2.8 | (0.0) | (0.0) | (0.1) | (2.4) | (1.2) | (0.0) |
| Financing Activities | |||||||||||||||||||||||||||||||||||||||||
| Net Debt Issuance | (1,112.8) | (0.8) | 996.5 | (0.2) | 150 | 1,839.7 | 291.6 | (0.2) | 0 | 0 | 0 | 0 | (50) | 0 | 14.2 | 35 | 0 | 728.8 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.9 | 4.0 | 0.6 | (1.2) | 0.2 | (1.5) | (6.1) | (1.2) |
| Stock Repurchased | (7.5) | (3.7) | (7.7) | (15.2) | 0 | (5.9) | (5.9) | (6.6) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 |
| Other Financing Activities | 11.9 | 0 | (39.8) | 0 | (20.4) | 7.3 | (0.5) | (1.3) | (0.9) | (0.3) | 0.1 | 13.5 | (0.1) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.9) | 11.1 | (14.7) | 0 | (0.7) | 0 | 0 | (0.0) | (0.0) | 0 | 0 | 0 | (0.4) | 0.3 | 0.1 | (2.4) | 2.4 | 0.0 | 0.1 | 4.7 | 0 | 0 | 0 |
| Financing Cash Flow | (1,108.3) | (7.8) | 1,201.6 | 203.9 | 229.8 | 2,537.7 | 606.0 | 336.9 | 471.9 | 342.3 | 21.3 | 79.1 | 113.2 | 162.8 | 51.9 | 110.5 | 85.5 | 729.7 | (0.9) | (3.8) | 312.4 | 194.6 | 28.3 | 6.5 | 0.4 | 0.2 | 0.1 | 0 | 0 | 0 | (0.4) | 0.3 | 0.1 | 9.4 | 7.9 | 3.0 | 0.2 | 4.9 | (1.5) | (6.1) | (1.2) |
| Cash Position | |||||||||||||||||||||||||||||||||||||||||
| Net Change in Cash | (169.1) | (279.3) | 716.9 | (86.7) | (195.6) | 227.5 | (91.8) | (56.2) | (33.0) | 256.1 | (26.8) | 3.1 | 12.4 | 48.4 | (25.5) | (29.4) | (150.0) | 235.7 | (128.2) | (41.3) | 70.6 | 124.1 | 16.5 | 0.3 | (0.2) | (0.7) | (0.3) | (0.3) | (0.6) | (0.6) | (1.0) | (1.1) | (9.6) | 10.9 | 2.9 | 0.6 | (4.5) | 3.7 | (5.9) | 5.7 | (1.1) |
| Cash at Beginning | 694.8 | 838.4 | 121.5 | 208.2 | 403.8 | 176.3 | 268.0 | 324.3 | 357.3 | 101.2 | 128.0 | 124.9 | 112.5 | 64.1 | 89.7 | 118.5 | 268.5 | 32.9 | 170.6 | 211.9 | 141.3 | 17.3 | 0.8 | 0.5 | 0.7 | 1.3 | 1.7 | 2.0 | 2.6 | 3.2 | 4.2 | 5.4 | 14.9 | 4.0 | 1.1 | 0.5 | 5.0 | 1.3 | 7.2 | 1.4 | 2.6 |
| Cash at End | 525.7 | 559.1 | 838.4 | 121.5 | 208.2 | 403.8 | 176.3 | 268.0 | 324.3 | 357.3 | 101.2 | 128.0 | 124.9 | 112.5 | 64.1 | 89.2 | 118.5 | 268.5 | 42.4 | 170.6 | 211.9 | 141.3 | 17.3 | 0.8 | 0.5 | 0.7 | 1.3 | 1.7 | 2.0 | 2.6 | 3.2 | 4.2 | 5.4 | 14.9 | 4.0 | 1.1 | 0.5 | 5.0 | 1.3 | 7.2 | 1.4 |
| Free Cash Flow | (327.0) | 508.2 | (283.9) | (282.4) | (254.3) | (502.6) | (478.8) | 3.9 | 47.0 | 62.3 | (84.1) | (57.5) | (46.1) | (113.5) | (49.5) | (22.0) | (32.6) | (460.9) | 49.9 | (44.8) | (91.8) | (16.3) | (13.6) | (1.9) | (0.6) | (1.1) | (0.7) | (0.7) | (0.8) | (2.0) | (0.6) | (1.4) | (9.7) | 4.0 | (7.7) | (2.4) | (4.7) | (1.2) | (4.3) | 11.9 | 0.1 |
| 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 | 2016 Q4 | 2016 Q3 | 2016 Q2 | 2016 Q1 | 2015 Q4 | 2015 Q3 | 2015 Q2 | 2015 Q1 | 2014 Q4 | 2014 Q3 | 2014 Q2 | 2014 Q1 | 2013 Q4 | 2013 Q3 | 2013 Q2 | 2013 Q1 | 2012 Q4 | 2012 Q3 | 2012 Q2 | 2012 Q1 | 2011 Q3 | 2011 Q2 | 2011 Q1 | 2010 Q4 | 2010 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Revenue | 174.6 | 202.3 | 252.4 | 238.5 | 213.9 | 214.4 | 131.6 | 145.1 | 165.2 | 156.8 | 97.8 | 81.8 | 51.1 | 28.4 | 12.7 | 24.9 | 51.7 | 60.3 | 51.7 | 29.3 | 9.2 | 2.6 | 0.8 | 0.3 | 0.6 | 0.3 | 0.3 | 0.4 | 0.2 | 0.3 | 0.3 | 0.7 | 0.2 | (0.1) | 0.2 | 0.4 | 0.1 | 0.2 | 0.0 | 34.3 | 2.1 | 7.1 | 6.4 | 1.4 | 4.1 | 1.3 | 13.5 | 3.8 | 2.8 | 1.2 | 0.7 | 1.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | (162.4) | (241.1) | 209.3 | 196.8 | 170.4 | (52.8) | (67.0) | 51.3 | 159.1 | 10.7 | (15.3) | (10.7) | 0.0 | (15.1) | (27.4) | (16.5) | 25.3 | 35.6 | 41.4 | 22.3 | (45.7) | (3.6) | (1.4) | (1.5) | (0.8) | (1.0) | (0.6) | (0.5) | (0.8) | (1.9) | (0.9) | (0.5) | (0.4) | (2.7) | (1.8) | (1.4) | (1.5) | (1.8) | (2.3) | 17.8 | (1.6) | 0.8 | 1.5 | (3.6) | (1.8) | (3.6) | 7.0 | 1.4 | 1.7 | 0.9 | (0.2) | 0.8 | (0.4) | (2.7) | (1.6) | (0.1) | (0.8) | 0 | 0 | 0 | 0 | 0 |
| Operating Income | (248.9) | (331.8) | 47.6 | 679.8 | (541.1) | 341.0 | (172.2) | (232.4) | 369.7 | (28.6) | (80.2) | (6.1) | 122.1 | (424.3) | (44.0) | (198.2) | (14.5) | 21.6 | (22.4) | (110.3) | (47.1) | (5.0) | (2.0) | (1.8) | (1.1) | (1.7) | (0.8) | (0.7) | (1.0) | (4.4) | (1.5) | (4.3) | (1.8) | (4.5) | (3.9) | (2.9) | (2.8) | (13.9) | (10.7) | 14.0 | (4.9) | (7.7) | (3.1) | (8.6) | (6.3) | (9.8) | 2.1 | (0.3) | (0.3) | (1.1) | (1.0) | (0.8) | (0.7) | (0.4) | (1.8) | (0.3) | (3.1) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) |
| Net Income | (1,259.6) | (1,709.6) | 123.1 | 808.2 | (533.2) | 528.5 | (124.8) | (199.7) | 337.2 | 223.4 | (0.4) | (9.0) | 118.7 | (406.7) | (72.5) | (212.6) | (12.9) | 11.5 | (22.2) | (108.9) | 83.4 | (5.2) | (2.0) | (2.2) | (1.1) | (1.2) | (0.8) | (0.6) | (1.0) | (4.4) | (1.3) | (4.7) | (2.4) | (18.8) | (6.7) | (2.2) | (3.6) | (26.4) | (6.3) | 7.9 | (3.9) | (3.9) | (3.8) | (4.5) | (4.8) | (4.8) | 3.5 | (0.3) | (0.3) | (1.1) | (0.9) | (0.8) | (0.6) | (0.5) | (1.9) | (1.6) | (3.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) |
| EPS (Diluted) | -3.31 | -4.81 | 0.27 | 1.84 | -1.55 | 1.25 | -0.42 | -0.72 | 1.26 | 0.96 | 0.34 | -0.07 | 0.72 | -3.25 | -0.65 | -1.94 | -0.13 | 0.10 | -0.22 | -1.09 | 0.87 | -0.06 | -0.06 | -0.13 | -0.12 | -0.15 | -0.12 | -0.09 | -0.16 | -0.69 | -0.22 | -0.93 | -0.63 | -8.02 | -4.26 | -1.56 | -3.03 | -26.61 | -6.67 | 7.84 | -4.16 | -4.29 | -4.17 | -5.15 | -5.52 | -5.58 | 3.52 | -0.46 | -0.41 | -1.62 | -1.43 | -1.53 | -1.38 | -1.30 | -5.81 | -7.14 | -13.32 | -0.03 | -0.03 | -0.03 | -0.17 | -0.00 |
| Balance Sheet | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cash & Equivalents | 525.7 | 547.1 | 826.4 | 109.5 | 196.2 | 391.8 | 164.3 | 256.0 | 324.3 | 357.3 | 101.2 | 113.7 | 124.9 | 103.7 | 55.3 | 86.5 | 138.9 | 268.6 | 32.9 | 170.6 | 211.9 | 141.3 | 17.3 | 0.8 | 0.5 | 0.7 | 1.3 | 1.7 | 2.0 | 2.6 | 3.2 | 4.2 | 5.4 | 14.9 | 4.0 | 1.1 | 0.5 | 5.0 | 1.3 | 7.2 | 1.4 | |||||||||||||||||||||
| Total Assets | 4,949.3 | 7,286.9 | 9,153.4 | 7,721.4 | 6,444.4 | 6,801.3 | 3,580.1 | 3,117.2 | 2,957.0 | 1,991.0 | 1,383.8 | 1,373.2 | 1,303.9 | 1,195.2 | 1,475.8 | 1,509.6 | 1,538.1 | 1,444.3 | 664.3 | 583.9 | 686.7 | 313.3 | 37.5 | 10.7 | 5.7 | 6.6 | 7.7 | 4.1 | 4.7 | 5.2 | 8.9 | 10.8 | 12.4 | 15.1 | 12.7 | 14.1 | 13.9 | 18.3 | 38.7 | 46.9 | 45.6 | |||||||||||||||||||||
| Total Debt | 2,464.0 | 3,645.4 | 3,642.5 | 2,645.3 | 2,636.6 | 2,473.7 | 639.1 | 346.9 | 340.5 | 326.1 | 325.8 | 734.8 | 734.5 | 783.5 | 782.6 | 766.6 | 730.7 | 728.4 | 0 | 0 | 0.1 | 0.2 | 0.2 | 0.2 | 1.2 | 1.2 | 1.2 | 1.2 | 1.3 | 1.0 | 1.0 | 1.0 | 1.6 | 1.8 | 15.6 | 17.1 | 16.4 | 17.8 | 17.6 | 17.8 | 21.9 | |||||||||||||||||||||
| Stockholders' Equity | 2,232.0 | 3,471.7 | 5,158.3 | 4,791.7 | 3,724.7 | 4,129.0 | 2,855.6 | 2,642.7 | 2,476.9 | 1,615.9 | 1,020.0 | 610.2 | 545.9 | 385.9 | 625.1 | 659.4 | 774.1 | 682.1 | 660.4 | 580.5 | 683.7 | 311.7 | 36.3 | 9.7 | 3.2 | 3.6 | 3.5 | 1.7 | 2.2 | 2.9 | 6.4 | 7.7 | 8.4 | 7.4 | (9.0) | (10.7) | (11.3) | (9.1) | 12.4 | 18.0 | 9.6 | |||||||||||||||||||||
| Cash Flow | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Cash Flow | (247.5) | 672.7 | (199.0) | (163.4) | (215.5) | (313.4) | (440.8) | 21.1 | 56.1 | 64.1 | (81.6) | (51.4) | (28.8) | (92.2) | (43.4) | (14.8) | (26.1) | 25.7 | 14.1 | (3.7) | (3.1) | (1.7) | (1.4) | (0.6) | (0.6) | (1.1) | (0.7) | (0.7) | (0.8) | (2.0) | (0.7) | (2.0) | (3.7) | 4.0 | (7.7) | (2.4) | (4.7) | (1.0) | (1.9) | 13.0 | 0.1 | |||||||||||||||||||||
| Capital Expenditure | (79.5) | (164.5) | (84.8) | (118.9) | (38.9) | (189.2) | (38.0) | (17.2) | (9.1) | (1.8) | (2.5) | (6.0) | (17.3) | (21.3) | (6.1) | (7.2) | (6.5) | (486.6) | 35.8 | (41.1) | (88.7) | (14.6) | (12.2) | (1.3) | 0.0 | (0.0) | (0.0) | 0 | 0 | 0 | 0.0 | 0.5 | (6.1) | (0.0) | (0.0) | (0.0) | (0.0) | (0.1) | (2.4) | (1.2) | (0.0) | |||||||||||||||||||||
| Free Cash Flow | (327.0) | 508.2 | (283.9) | (282.4) | (254.3) | (502.6) | (478.8) | 3.9 | 47.0 | 62.3 | (84.1) | (57.5) | (46.1) | (113.5) | (49.5) | (22.0) | (32.6) | (460.9) | 49.9 | (44.8) | (91.8) | (16.3) | (13.6) | (1.9) | (0.6) | (1.1) | (0.7) | (0.7) | (0.8) | (2.0) | (0.6) | (1.4) | (9.7) | 4.0 | (7.7) | (2.4) | (4.7) | (1.2) | (4.3) | 11.9 | 0.1 | |||||||||||||||||||||