MIRM - Mirum Pharmaceuticals, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$153.20
DETAILS
HIGH:
$200.00
LOW:
$130.00
MEDIAN:
$149.00
CONSENSUS:
$153.20
UPSIDE:
86.42%
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||
| Revenue | 176.2 | 159.9 | 148.9 | 133.0 | 127.8 | 111.6 | 99.4 | 90.4 | 77.9 | 69.2 | 69.6 | 47.7 | 37.5 | 31.6 | 27.9 | 18.8 | 17.5 | 12.9 | 3.1 | 5 | 11 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of Revenue | 30.3 | 28.9 | 28.3 | 25.5 | 23.4 | 23.0 | 22.8 | 20.8 | 20.2 | 17.8 | 25.0 | 10.2 | 6.8 | 5.0 | 4.5 | 2.9 | 2.5 | 2.4 | 1.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 145.9 | 131.0 | 120.6 | 107.5 | 104.4 | 88.6 | 76.6 | 69.6 | 57.6 | 51.4 | 44.5 | 37.5 | 30.7 | 26.6 | 23.4 | 15.8 | 15.0 | 10.5 | 1.2 | 5 | 11 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | ||||||||||||||||||||||||||||||||
| R&D Expenses | 90.5 | 97.9 | 51.1 | 43.0 | 46.1 | 46.0 | 44.0 | 31.7 | 32.7 | 32.2 | 30.9 | 26.1 | 22.0 | 23.5 | 31.1 | 26.2 | 25.4 | 24.1 | 27.8 | 30.5 | 35.0 | 38.1 | 29.7 | 16.0 | 18.6 | 17.3 | 14.4 | 12.2 | 11.6 | 4.9 | 25.2 | 0.0 |
| SG&A Expenses | 81.5 | 96.3 | 74.1 | 61.9 | 63.3 | 57.7 | 56.8 | 50.5 | 49.2 | 45.6 | 46.2 | 36.5 | 32.9 | 30.2 | 26.5 | 22.5 | 21.0 | 19.1 | 19.0 | 17.4 | 13.4 | 9.5 | 7.2 | 5.7 | 5.0 | 4.7 | 4.3 | 3.7 | 2.4 | 1.3 | 0.8 | 0.1 |
| Other Expenses | 16.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 188.4 | 194.2 | 125.2 | 104.9 | 109.4 | 103.8 | 100.9 | 82.3 | 81.9 | 77.9 | 77.1 | 62.6 | 55.0 | 53.8 | 57.6 | 48.7 | 46.4 | 43.2 | 46.8 | 47.8 | 48.4 | 47.6 | 37.0 | 21.7 | 23.6 | 22.0 | 18.7 | 15.9 | 14.0 | 6.2 | 26.0 | 0.1 |
| Operating Income | ||||||||||||||||||||||||||||||||
| Operating Income | (42.5) | (63.2) | (4.6) | 2.6 | (5.0) | (15.2) | (24.2) | (12.7) | (24.2) | (26.5) | (32.6) | (25.1) | (24.3) | (27.1) | (34.2) | (32.9) | (31.4) | (32.7) | (45.6) | (42.8) | (37.4) | (47.6) | (37.0) | (21.7) | (23.6) | (22.0) | (18.7) | (15.9) | (14.0) | (6.2) | (4.3) | (0.1) |
| Interest Expense | 2.6 | 3.6 | 3.6 | 3.6 | 3.6 | 3.6 | 3.6 | 3.6 | 3.6 | 3.6 | 3.6 | 3.6 | 3.7 | 4.2 | 4.4 | 4.0 | 3.9 | 3.8 | 3.8 | 5.7 | 4.8 | 3.4 | 0.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0.0 | 0 | 0.0 |
| Interest Income | 3.9 | 3.4 | 3.4 | 3.3 | 3.0 | 3.0 | 3.2 | 3.5 | 3.5 | 3.6 | 3.8 | 4.1 | 3.6 | 2.3 | 2.1 | 1.4 | 0.3 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.4 | 0.7 | 0.7 | 0.8 | 0.5 | 0.2 | 0.1 | 0 |
| Profitability | ||||||||||||||||||||||||||||||||
| EBITDA | (11.4) | (779.2) | 4.7 | 9.1 | 4.2 | (4) | (14.7) | (4.2) | (14.6) | (15.4) | (26.4) | (17.1) | (68.7) | (24.4) | (30.6) | (30.6) | (28.9) | (32.4) | 61.8 | (41.3) | (38.9) | (47.0) | (35.4) | (21.4) | (23.1) | (21.1) | (18.6) | (15.8) | (13.9) | (6.2) | 4.3 | 0 |
| EBIT | (18.3) | (786.1) | (1.4) | 3.0 | (1.9) | (10.1) | (20.8) | (10.3) | (20.4) | (21.1) | (31.9) | (19.8) | (70.0) | (25.7) | (31.9) | (31.7) | (29.6) | (32.8) | 61.3 | (41.4) | (39.1) | (47.1) | (35.6) | (21.5) | (23.2) | (21.3) | (18.7) | (15.9) | (14.0) | (6.2) | 0 | (0.1) |
| Income Before Tax | (65.5) | (789.7) | (5.0) | 2.6 | (5.5) | (13.6) | (24.4) | (13.9) | (24.0) | (24.7) | (35.4) | (23.3) | (73.7) | (29.9) | (36.3) | (35.7) | (33.5) | (36.6) | 57.6 | (47.1) | (43.9) | (50.5) | (37.2) | (21.5) | (23.2) | (21.3) | (17.9) | (15.1) | (13.6) | (6.0) | (25.9) | (0.1) |
| Income Tax Expense | 1.7 | 0.5 | 0.8 | (0.3) | 0.4 | 1.0 | (0.6) | 0.3 | 0.6 | 0.6 | 0.2 | 0.2 | 0.3 | 0.2 | 0.1 | 0.0 | (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 |
| Net Income | (67.2) | (790.2) | (5.7) | 2.9 | (5.9) | (14.7) | (23.8) | (14.2) | (24.6) | (25.3) | (35.7) | (23.6) | (74.0) | (30.1) | (36.4) | (35.7) | (26.9) | (36.6) | 57.5 | (47.1) | (43.9) | (50.5) | (37.2) | (21.5) | (23.3) | (21.3) | (18.0) | (15.1) | (13.6) | (6.0) | (25.9) | (0.1) |
| Per Share Data | ||||||||||||||||||||||||||||||||
| EPS (Basic) | -1.06 | -13.43 | -0.12 | 0.05 | -0.12 | -0.30 | -0.49 | -0.30 | -0.52 | -0.54 | -0.71 | -0.57 | -1.94 | -0.80 | -0.99 | -1.02 | -0.84 | -1.17 | 1.88 | -1.55 | -1.45 | -1.68 | -1.43 | -0.86 | -0.93 | -0.86 | -0.79 | -0.84 | -0.59 | -0.60 | -9.52 | -0.01 |
| EPS (Diluted) | -1.06 | -13.43 | -0.12 | 0.05 | -0.12 | -0.30 | -0.49 | -0.30 | -0.52 | -0.54 | -0.71 | -0.57 | -1.94 | -0.80 | -0.97 | -1.02 | -0.84 | -1.17 | 1.88 | -1.55 | -1.45 | -1.68 | -1.43 | -0.86 | -0.93 | -0.86 | -0.79 | -0.84 | -0.59 | -0.60 | -9.52 | -0.01 |
| Shares Outstanding | 63.4 | 58.9 | 50.2 | 57.0 | 49.7 | 48.9 | 48.3 | 47.8 | 47.2 | 46.9 | 46.7 | 41.1 | 38.1 | 37.7 | 37.0 | 34.9 | 32.2 | 31.3 | 30.3 | 30.4 | 30.3 | 30.1 | 26.1 | 25.1 | 25.1 | 24.7 | 22.6 | 18.0 | 23.0 | 10.0 | 2.7 | 10.0 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 330.7 | 324.9 | 296.7 | 282.0 | 228.1 | 211.8 | 222.5 | 223.0 | 233.2 | 302.8 | 286.3 | 303.1 | 297.2 | 49.4 | 28.0 | 35.8 | 55.3 | 46.3 | 31.3 | 55.8 | 91.9 | 90.7 | 142.1 | 48.8 | 83.0 | 72.0 | 12.0 | 30.8 | 41.8 | 49.5 | 52.0 |
| Short-Term Investments | 107.6 | 61.4 | 86.6 | 93.5 | 76.4 | 65.9 | 57.8 | 61.5 | 45.1 | 0 | 0 | 3.0 | 32.7 | 82.7 | 123.7 | 149.6 | 69.7 | 93.6 | 125.2 | 134.2 | 131.9 | 122.4 | 89.7 | 85.0 | 66.3 | 87.5 | 104.7 | 95.4 | 42.4 | 0 | 0 |
| Net Receivables | 145.4 | 133.1 | 123.3 | 107.1 | 106.8 | 95.9 | 78.3 | 68.5 | 60.4 | 55.0 | 68.0 | 47.8 | 35.3 | 24.7 | 24.0 | 16.3 | 13.3 | 9.1 | 4.4 | 0.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory | 25.8 | 25.5 | 24.9 | 24.0 | 22.9 | 22.4 | 22.4 | 21.6 | 20.4 | 21.6 | 22.3 | 22.2 | 8.5 | 6.6 | 5.6 | 6.9 | 4.5 | 1.6 | 1.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 0 | 24.5 | 18.1 | 23.9 | 19.1 | 14.9 | 11.8 | 12.1 | 8.6 | 10.0 | 10.9 | 12.5 | 9.7 | 9.0 | 8.9 | 0 | 0.7 | 4.7 | 4.2 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 3.1 | 0.7 | 0 | 0.0 |
| Total Current Assets | 636.3 | 569.4 | 549.7 | 530.6 | 453.4 | 410.8 | 392.8 | 386.6 | 367.8 | 389.5 | 387.5 | 388.6 | 383.5 | 172.3 | 190.2 | 215.6 | 147.2 | 155.3 | 166.6 | 196.8 | 228.4 | 217.8 | 236.3 | 138.2 | 152.1 | 162.4 | 119.4 | 129.3 | 84.9 | 49.8 | 52.0 |
| Non-Current Assets | |||||||||||||||||||||||||||||||
| Property, Plant & Equipment | 14.3 | 15.1 | 10.6 | 9.8 | 10.1 | 8.8 | 9.8 | 10.3 | 9.9 | 1.2 | 2.0 | 2.2 | 2.5 | 2.2 | 2.3 | 2.0 | 2.2 | 2.4 | 2.5 | 2.7 | 2.9 | 3.1 | 3.2 | 3.4 | 3.5 | 3.7 | 3.7 | 1.6 | 1.4 | 1.3 | 0 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 247.4 | 254.2 | 260.9 | 231.9 | 237.9 | 243.8 | 249.8 | 255.8 | 261.8 | 257.4 | 252.9 | 258.3 | 56.4 | 57.7 | 59.0 | 45.0 | 46.1 | 18.5 | 18.7 | 19 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 123.0 | 34.4 | 8.1 | 2.5 | 17.1 | 20.9 | 12.5 | 9.3 | 17.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.0 | 15.0 | 15.0 | 0 | 0 | 0 | 0 | 6.5 | 23.3 | 27.3 | 16.1 | 0 | 0 |
| Other Non-Current Assets | 24.0 | 17.9 | 13.5 | 10.4 | 7.3 | 5.9 | 5.8 | 5.8 | 4.2 | 3.9 | 4.2 | 1.5 | 1.2 | 101.3 | 101.4 | 101.7 | 101.7 | 102.0 | 101.8 | 1.6 | 1.4 | 1.4 | 1.3 | 0.3 | 0.2 | 0.2 | 0.3 | 0.1 | 1.9 | 0.4 | 0 |
| Total Non-Current Assets | 408.7 | 321.5 | 293.1 | 254.5 | 272.4 | 279.4 | 278.0 | 281.3 | 292.9 | 262.5 | 259.1 | 262.1 | 60.1 | 161.2 | 162.7 | 148.8 | 150.0 | 122.9 | 128.1 | 38.4 | 19.3 | 4.5 | 4.5 | 3.7 | 3.7 | 10.4 | 27.3 | 29.0 | 19.4 | 1.7 | 0 |
| Total Assets | 1,045.0 | 890.9 | 842.8 | 785.1 | 725.8 | 690.2 | 670.8 | 667.9 | 660.8 | 652.0 | 646.6 | 650.6 | 443.6 | 333.5 | 352.9 | 364.3 | 297.2 | 278.1 | 294.7 | 235.2 | 247.7 | 222.2 | 240.9 | 141.9 | 155.8 | 172.8 | 146.7 | 158.3 | 104.3 | 51.5 | 52.0 |
| Current Liabilities | |||||||||||||||||||||||||||||||
| Account Payables | 23.4 | 59.4 | 9.6 | 12.2 | 17.7 | 11.6 | 14.6 | 9.5 | 9.8 | 16.0 | 7.4 | 7.4 | 14.4 | 6.4 | 8.7 | 10.5 | 8.1 | 4.9 | 9.2 | 5.0 | 5.4 | 5.7 | 3.2 | 5.2 | 3.0 | 3.3 | 3.4 | 2.7 | 2.3 | 2.4 | 0.3 |
| 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 | 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 | 0 | 0 |
| Other Current Liabilities | 24.8 | 61.2 | 47.3 | 37.0 | 26.8 | 16.6 | 32.2 | 23.1 | 16.8 | 12.0 | 20.9 | 13.6 | 11.0 | 9.7 | 15.8 | 11.9 | 8.6 | 7.6 | 12.0 | 7.6 | 6.7 | 4.0 | 6.1 | 3.6 | 2.4 | 1.2 | 2.2 | 6.6 | 7.8 | 0 | 2.2 |
| Total Current Liabilities | 222.8 | 272.8 | 205.8 | 160.4 | 144.8 | 127.6 | 126.6 | 115.8 | 112.3 | 105.9 | 87.1 | 74.7 | 58.2 | 48.8 | 64.7 | 51.4 | 45.2 | 34.6 | 42.6 | 50.4 | 29.0 | 35.0 | 18.5 | 18.8 | 16.6 | 13.5 | 13.1 | 10.9 | 11.1 | 6.5 | 2.4 |
| Non-Current Liabilities | |||||||||||||||||||||||||||||||
| Long-Term Debt | 750.1 | 310.3 | 309.8 | 309.4 | 308.9 | 308.5 | 308.1 | 307.7 | 307.2 | 306.8 | 306.4 | 306.0 | 305.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.1 | 1.2 | 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 | 0 |
| Other Non-Current Liabilities | 72.1 | 54.2 | 5.0 | 16.0 | 9.1 | 13.9 | 2.5 | 4.0 | 4.0 | 4.3 | 3.8 | 0.0 | 0.0 | 0.8 | 4.5 | 4.3 | 4.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (1.1) | 118.6 | 59.8 | 0 |
| Total Non-Current Liabilities | 832.6 | 375.6 | 322.3 | 332.7 | 325.9 | 329.4 | 318.6 | 320.1 | 319.5 | 311.4 | 310.9 | 306.9 | 306.8 | 143.5 | 146.1 | 143.7 | 141.4 | 134.7 | 131.8 | 128.4 | 122.9 | 53.3 | 50.3 | 2.8 | 3.0 | 3.1 | 3.3 | 1.2 | 121.1 | 61.0 | 0 |
| Total Liabilities | 1,055.4 | 648.4 | 528.1 | 493.1 | 470.7 | 457.0 | 445.1 | 435.9 | 431.8 | 417.4 | 398.0 | 381.6 | 365.0 | 192.4 | 210.9 | 195.1 | 186.5 | 169.2 | 174.4 | 178.8 | 151.9 | 88.4 | 68.8 | 21.6 | 19.6 | 16.7 | 16.4 | 12.1 | 132.2 | 67.6 | 2.4 |
| 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 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7.0 | 7.0 | 0.0 |
| Retained Earnings | (1,524.9) | (1,457.7) | (667.5) | (661.8) | (664.7) | (658.9) | (644.2) | (620.4) | (606.2) | (581.5) | (556.2) | (520.6) | (497.0) | (423.0) | (392.8) | (356.4) | (320.7) | (293.8) | (257.2) | (314.7) | (267.6) | (223.7) | (173.2) | (136.0) | (114.5) | (91.2) | (69.9) | (51.9) | (36.9) | (23.3) | (17.3) |
| Accumulated Other Comprehensive Income | (0.7) | (0.0) | 0.4 | 0.0 | 0.4 | (0.3) | (0.4) | 0.9 | (0.5) | (0.0) | 1.6 | (1.5) | 0.1 | 0.1 | (0.2) | (0.4) | (0.2) | (0.1) | (0.0) | (0.0) | (0.0) | 0 | 0.1 | 0.2 | 0.3 | (0.0) | 0.1 | 0.1 | 0.0 | (59.8) | 0 |
| Total Stockholders' Equity | (10.4) | 242.5 | 314.7 | 292.0 | 255.2 | 233.3 | 225.6 | 232.0 | 229.0 | 234.6 | 248.7 | 269.1 | 78.6 | 141.2 | 142.0 | 169.3 | 110.7 | 108.9 | 120.2 | 56.4 | 95.7 | 133.9 | 172.1 | 120.3 | 136.2 | 156.1 | 130.3 | 146.2 | (27.9) | (16.1) | 42.5 |
| Total Liabilities & Equity | 1,045.0 | 890.9 | 842.8 | 785.1 | 725.8 | 690.2 | 670.8 | 667.9 | 660.8 | 652.0 | 646.6 | 650.6 | 443.6 | 333.5 | 352.9 | 364.3 | 297.2 | 278.1 | 294.7 | 235.2 | 247.7 | 222.2 | 240.9 | 141.9 | 155.8 | 172.8 | 146.7 | 158.3 | 104.3 | 51.5 | 45.0 |
| Debt Metrics | |||||||||||||||||||||||||||||||
| Total Debt | 760.5 | 323.8 | 319.5 | 318.8 | 318.9 | 317.2 | 317.8 | 317.7 | 316.6 | 307.5 | 308.1 | 308.0 | 307.8 | 2.0 | 2.2 | 2.1 | 2.3 | 2.4 | 2.6 | 2.8 | 2.9 | 3.1 | 3.3 | 3.4 | 3.5 | 3.6 | 3.6 | 2.6 | 2.7 | 1.3 | 0 |
| Net Debt | 429.8 | (1.1) | 22.8 | 36.7 | 90.8 | 105.3 | 95.3 | 94.7 | 83.3 | 4.7 | 21.8 | 4.9 | 10.6 | (47.5) | (25.8) | (33.7) | (53.0) | (43.8) | (28.7) | (53.1) | (89.0) | (87.6) | (138.8) | (45.4) | (79.6) | (68.4) | (8.3) | (28.2) | (39.1) | (48.2) | (52.0) |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||||||||
| Net Income | (857.4) | (790.2) | (5.7) | 2.9 | (5.9) | (14.7) | (23.8) | (14.2) | (24.6) | (25.3) | (35.7) | (23.6) | (74.0) | (30.1) | (36.4) | (35.7) | (26.9) | (36.6) | 57.5 | (47.1) | (43.9) | (50.5) | (37.2) | (21.5) | (23.3) | (21.3) | (18.0) | (15.1) | (13.6) | (6.0) | (25.9) | (0.1) |
| Depreciation & Amortization | 6.9 | 6.9 | 6.1 | 6.1 | 6.1 | 6.1 | 6.1 | 6.1 | 5.9 | 5.7 | 5.5 | 2.7 | 1.3 | 1.3 | 1.3 | 1.1 | 0.7 | 0.4 | 0.4 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.1 | 0.2 | 0.1 | 0.1 | 0.1 | 0.0 | 4.3 | 0.1 |
| Stock-Based Compensation | 66.8 | 36.2 | 19.0 | 18.1 | 18.5 | 15.8 | 13.3 | 11.9 | 11.8 | 11.4 | 9.7 | 8.4 | 8.4 | 8.6 | 6.9 | 6.7 | 6.8 | 6.6 | 5.6 | 7.4 | 4.8 | 5.3 | 3.6 | 3.4 | 3.0 | 2.6 | 2.1 | 2.1 | 1.6 | 0.2 | 0.1 | 0 |
| Change in Working Capital | 62.0 | 102.2 | (14.0) | 12.1 | (6.6) | (11.3) | (1.7) | (1.2) | 1.6 | 23.9 | (10.9) | (5.6) | (3.5) | (2.6) | (9.0) | (1.8) | 3.5 | (13.8) | 6.4 | 1.1 | (7.3) | 16.8 | (3.2) | 0.4 | 3.1 | 0.3 | 2.2 | (2.2) | 3.8 | 3.3 | (0.0) | 0 |
| Other Non-Cash Items | 448.7 | 416.1 | 0.7 | 0.4 | (0.1) | 2.2 | 1.1 | 1.5 | 1.6 | (0.6) | 14.7 | (0.0) | 50.5 | 4.1 | 2.9 | 3.7 | 2.3 | 3.7 | (104.2) | 4.3 | 6.0 | 3.4 | 1.0 | 0.0 | 0.0 | (0.1) | (0.1) | (0.2) | (0.0) | 3.7 | 21.1 | 0.0 |
| Operating Cash Flow | (273.0) | (228.8) | 6.1 | 39.7 | 12.0 | (2.0) | (5.1) | 4.0 | (3.8) | 15.2 | (16.6) | (18.2) | (17.3) | (18.8) | (34.3) | (26.0) | (20.2) | (39.7) | (33.1) | (34.2) | (40.2) | (25.2) | (36.3) | (17.5) | (17.0) | (18.4) | (13.7) | (15.2) | (8.0) | (2.4) | (0.5) | 0 |
| Investing Activities | ||||||||||||||||||||||||||||||||
| Capital Expenditure | (0.7) | (0.7) | (0.6) | (0.2) | (0.1) | (0.0) | (0.0) | (10.2) | (10.8) | (0.0) | (5) | 0 | (0.1) | (15.0) | (0.2) | (0.0) | (0.0) | 0 | (19.0) | (0.0) | 0 | (0.0) | (0.0) | (0.0) | (0.1) | (0.1) | (0.1) | (0.2) | 0 | (0.0) | 0 | 0 |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (24.0) | 0 | (19) | 0 | 0 | (2) | (40.8) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (195.6) | (34.8) | (11.5) | (20.9) | (31.5) | (33.5) | (11.5) | (15.6) | (61.9) | 0 | 0 | 0 | (4.9) | (22.4) | 0 | (117.5) | (14.8) | 0 | (19.0) | (49.7) | (46.0) | (83.4) | (22.6) | (38.0) | (14.0) | 0 | (21.1) | (72.5) | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 59.7 | 33.9 | 13.1 | 18.8 | 25.1 | 17.4 | 12.1 | 7.8 | 0 | 0 | 3 | 30 | 55.5 | 64.5 | 27 | 38 | 38.8 | 36.5 | 38 | 47.5 | 21.5 | 50.6 | 17.7 | 19.1 | 42.0 | 33.9 | 16 | 8.5 | 0 | 0 | 0 | 0 |
| Other Investing Activities | (35) | 0 | 0 | 0 | 0 | 0 | 0 | (10) | (10) | 0 | 0 | (212.8) | 0 | (15) | 0 | 0 | 24.0 | 0 | 127 | 0 | 0 | 2 | 40.8 | 0 | 0 | 0 | 0 | 8.5 | (58.4) | 0 | (11.2) | 0 |
| Investing Cash Flow | (171.6) | (11.6) | 1.0 | (2.2) | (6.6) | (16.1) | 0.6 | (18.0) | (72.7) | (0.0) | (2) | (182.8) | 50.5 | 27.0 | 26.8 | (79.5) | 24.0 | 36.5 | 108.0 | (2.2) | (24.5) | (32.8) | (4.9) | (18.9) | 28.0 | 33.8 | (5.1) | (64.2) | (58.4) | (0.0) | (11.2) | 0 |
| Financing Activities | ||||||||||||||||||||||||||||||||
| Net Debt Issuance | 198.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 112.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 64.6 | 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 |
| 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 |
| Other Financing Activities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.9 | 4.8 | 0 | (1.5) | (0.0) | (0.3) | 1.3 | 0.7 | (0.1) | 0 | 0 | (0.3) | 49.6 | (0.2) | 0 | 0 | 0 | 1.2 | (1.2) | 0 | 89.7 | 0 |
| Financing Cash Flow | 481.5 | 270.1 | 9.0 | 16.1 | 8.7 | 6.4 | 5.3 | 3.9 | 7.3 | 1.2 | 1.8 | 207.1 | 114.7 | 13.0 | (0.3) | 86.1 | 5.2 | 18.1 | 0.6 | 0.3 | 65.9 | 6.6 | 134.5 | 2.1 | 0.0 | 44.7 | 0 | 68.4 | 58.8 | 0 | 89.7 | 0 |
| Cash Position | ||||||||||||||||||||||||||||||||
| Net Change in Cash | 34.3 | 28.2 | 15.7 | 53.9 | 16.4 | (10.7) | (0.5) | (10.1) | (69.3) | 16.5 | (16.7) | 5.8 | 147.8 | 21.4 | (7.8) | (19.5) | 9.0 | 14.9 | 75.5 | (36.1) | 1.3 | (51.4) | 93.3 | (34.3) | 11.0 | 60.1 | (18.8) | (11.0) | (7.7) | (2.5) | 77.9 | 0 |
| Cash at Beginning | 298.2 | 296.7 | 282.5 | 228.1 | 212.2 | 222.9 | 223.4 | 233.5 | 302.8 | 286.3 | 303.1 | 297.2 | 149.4 | 128.0 | 135.8 | 155.3 | 146.3 | 131.3 | 55.8 | 91.9 | 90.7 | 142.1 | 48.8 | 83.0 | 72.0 | 12.0 | 30.8 | 41.8 | 49.5 | 52.0 | 0 | 0 |
| Cash at End | 332.5 | 324.9 | 298.2 | 282.0 | 228.6 | 212.2 | 222.9 | 223.4 | 233.5 | 302.8 | 286.3 | 303.1 | 297.2 | 149.4 | 128.0 | 135.8 | 155.3 | 146.3 | 131.3 | 55.8 | 91.9 | 90.7 | 142.1 | 48.8 | 83.0 | 72.0 | 12.0 | 30.8 | 41.8 | 49.5 | 77.9 | 0 |
| Free Cash Flow | (273.7) | (229.4) | 5.5 | 39.5 | 11.9 | (2.0) | (5.1) | (6.2) | (14.6) | 15.2 | (21.6) | (18.2) | (17.4) | (33.8) | (34.5) | (26.0) | (20.2) | (39.7) | (52.1) | (34.2) | (40.2) | (25.2) | (36.3) | (17.5) | (17.0) | (18.4) | (13.8) | (15.4) | (8.0) | (2.5) | (0.5) | 0 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||||||||||||||||||
| Revenue | 176.2 | 159.9 | 148.9 | 133.0 | 127.8 | 111.6 | 99.4 | 90.4 | 77.9 | 69.2 | 69.6 | 47.7 | 37.5 | 31.6 | 27.9 | 18.8 | 17.5 | 12.9 | 3.1 | 5 | 11 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 145.9 | 131.0 | 120.6 | 107.5 | 104.4 | 88.6 | 76.6 | 69.6 | 57.6 | 51.4 | 44.5 | 37.5 | 30.7 | 26.6 | 23.4 | 15.8 | 15.0 | 10.5 | 1.2 | 5 | 11 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | (42.5) | (63.2) | (4.6) | 2.6 | (5.0) | (15.2) | (24.2) | (12.7) | (24.2) | (26.5) | (32.6) | (25.1) | (24.3) | (27.1) | (34.2) | (32.9) | (31.4) | (32.7) | (45.6) | (42.8) | (37.4) | (47.6) | (37.0) | (21.7) | (23.6) | (22.0) | (18.7) | (15.9) | (14.0) | (6.2) | (4.3) | (0.1) |
| Net Income | (67.2) | (790.2) | (5.7) | 2.9 | (5.9) | (14.7) | (23.8) | (14.2) | (24.6) | (25.3) | (35.7) | (23.6) | (74.0) | (30.1) | (36.4) | (35.7) | (26.9) | (36.6) | 57.5 | (47.1) | (43.9) | (50.5) | (37.2) | (21.5) | (23.3) | (21.3) | (18.0) | (15.1) | (13.6) | (6.0) | (25.9) | (0.1) |
| EPS (Diluted) | -1.06 | -13.43 | -0.12 | 0.05 | -0.12 | -0.30 | -0.49 | -0.30 | -0.52 | -0.54 | -0.71 | -0.57 | -1.94 | -0.80 | -0.97 | -1.02 | -0.84 | -1.17 | 1.88 | -1.55 | -1.45 | -1.68 | -1.43 | -0.86 | -0.93 | -0.86 | -0.79 | -0.84 | -0.59 | -0.60 | -9.52 | -0.01 |
| Balance Sheet | ||||||||||||||||||||||||||||||||
| Cash & Equivalents | 330.7 | 324.9 | 296.7 | 282.0 | 228.1 | 211.8 | 222.5 | 223.0 | 233.2 | 302.8 | 286.3 | 303.1 | 297.2 | 49.4 | 28.0 | 35.8 | 55.3 | 46.3 | 31.3 | 55.8 | 91.9 | 90.7 | 142.1 | 48.8 | 83.0 | 72.0 | 12.0 | 30.8 | 41.8 | 49.5 | 52.0 | |
| Total Assets | 1,045.0 | 890.9 | 842.8 | 785.1 | 725.8 | 690.2 | 670.8 | 667.9 | 660.8 | 652.0 | 646.6 | 650.6 | 443.6 | 333.5 | 352.9 | 364.3 | 297.2 | 278.1 | 294.7 | 235.2 | 247.7 | 222.2 | 240.9 | 141.9 | 155.8 | 172.8 | 146.7 | 158.3 | 104.3 | 51.5 | 52.0 | |
| Total Debt | 760.5 | 323.8 | 319.5 | 318.8 | 318.9 | 317.2 | 317.8 | 317.7 | 316.6 | 307.5 | 308.1 | 308.0 | 307.8 | 2.0 | 2.2 | 2.1 | 2.3 | 2.4 | 2.6 | 2.8 | 2.9 | 3.1 | 3.3 | 3.4 | 3.5 | 3.6 | 3.6 | 2.6 | 2.7 | 1.3 | 0 | |
| Stockholders' Equity | (10.4) | 242.5 | 314.7 | 292.0 | 255.2 | 233.3 | 225.6 | 232.0 | 229.0 | 234.6 | 248.7 | 269.1 | 78.6 | 141.2 | 142.0 | 169.3 | 110.7 | 108.9 | 120.2 | 56.4 | 95.7 | 133.9 | 172.1 | 120.3 | 136.2 | 156.1 | 130.3 | 146.2 | (27.9) | (16.1) | 42.5 | |
| Cash Flow | ||||||||||||||||||||||||||||||||
| Operating Cash Flow | (273.0) | (228.8) | 6.1 | 39.7 | 12.0 | (2.0) | (5.1) | 4.0 | (3.8) | 15.2 | (16.6) | (18.2) | (17.3) | (18.8) | (34.3) | (26.0) | (20.2) | (39.7) | (33.1) | (34.2) | (40.2) | (25.2) | (36.3) | (17.5) | (17.0) | (18.4) | (13.7) | (15.2) | (8.0) | (2.4) | (0.5) | 0 |
| Capital Expenditure | (0.7) | (0.7) | (0.6) | (0.2) | (0.1) | (0.0) | (0.0) | (10.2) | (10.8) | (0.0) | (5) | 0 | (0.1) | (15.0) | (0.2) | (0.0) | (0.0) | 0 | (19.0) | (0.0) | 0 | (0.0) | (0.0) | (0.0) | (0.1) | (0.1) | (0.1) | (0.2) | 0 | (0.0) | 0 | 0 |
| Free Cash Flow | (273.7) | (229.4) | 5.5 | 39.5 | 11.9 | (2.0) | (5.1) | (6.2) | (14.6) | 15.2 | (21.6) | (18.2) | (17.4) | (33.8) | (34.5) | (26.0) | (20.2) | (39.7) | (52.1) | (34.2) | (40.2) | (25.2) | (36.3) | (17.5) | (17.0) | (18.4) | (13.8) | (15.4) | (8.0) | (2.5) | (0.5) | 0 |