MP - MP Materials Corp.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$80.70
DETAILS
HIGH:
$100.00
LOW:
$69.00
MEDIAN:
$81.00
CONSENSUS:
$80.70
UPSIDE:
74.90%
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||
| Revenue | 108.5 | 90.6 | 52.7 | 53.6 | 57.4 | 60.8 | 61.0 | 62.9 | 31.3 | 48.7 | 41.2 | 52.5 | 64.0 | 95.7 | 93.2 | 124.4 | 143.6 | 166.3 | 99.1 | 99.8 | 73.1 | 60.0 | 42.2 | 41.0 | 30.4 | 20.7 | 21.0 | 26.9 | 12.7 | 12.7 |
| Cost of Revenue | 72.3 | 106.4 | 69.7 | 71.0 | 71.2 | 70.2 | 80.4 | 76.6 | 59.7 | 54.0 | 42.2 | 39.0 | 34.9 | 32.3 | 30.1 | 24.5 | 27.5 | 28.4 | 23.1 | 28.9 | 24.6 | 24.1 | 21.4 | 18.7 | 18.6 | 14.4 | 17.0 | 20.2 | 13.0 | 13.0 |
| Gross Profit | 36.2 | (15.7) | (17.0) | (17.4) | (13.8) | (9.4) | (19.4) | (13.7) | (28.4) | (5.3) | (1.0) | 13.5 | 29.1 | 63.4 | 63.1 | 99.9 | 116.1 | 137.8 | 76.0 | 70.9 | 48.5 | 35.9 | 20.7 | 22.4 | 11.8 | 6.3 | 4.0 | 6.7 | (0.2) | (0.2) |
| Operating Expenses | ||||||||||||||||||||||||||||||
| R&D Expenses | 1.3 | 1.9 | 2.2 | 19.0 | 2.5 | 0.5 | 1.2 | 2.1 | 1.9 | 0.4 | (10.8) | 2.9 | 3.1 | 3.6 | 5.6 | 2.6 | 1.8 | 1.8 | 2.1 | 1.3 | 1.0 | 0.1 | 0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 35.2 | 33.6 | 32.1 | 28.4 | 27.4 | 24.2 | 19.1 | 21.5 | 21.4 | 21.3 | 21.4 | 19.6 | 18.9 | 19.4 | 19.4 | 17.7 | 18.1 | 20.3 | 16.2 | 14.9 | 12.6 | 13.5 | 12.5 | 5.6 | 5.8 | 3.1 | 0.9 | 2.9 | 3.6 | 3.6 |
| Other Expenses | 14.4 | (33.0) | (48.7) | 0.8 | 0.1 | 0.7 | 4.3 | 2.3 | 1.8 | 0 | 22.0 | 8.7 | 6.7 | 7.4 | 0.6 | 0.4 | 0.4 | 0.7 | 0.6 | 0.6 | 2.4 | 0.6 | 0.5 | 0.6 | 67.2 | 0.6 | 1.5 | 1.9 | 1.7 | 1.7 |
| Operating Expenses | 50.9 | 2.5 | (14.4) | 48.2 | 30.1 | 25.4 | 24.6 | 25.9 | 25.1 | 21.7 | 32.6 | 31.1 | 28.6 | 30.4 | 25.6 | 20.8 | 20.3 | 22.8 | 19.0 | 16.8 | 16.0 | 14.2 | 13.0 | 6.2 | 73.0 | 3.6 | 2.4 | 4.8 | 5.3 | 5.3 |
| Operating Income | ||||||||||||||||||||||||||||||
| Operating Income | (14.7) | (18.2) | (2.6) | (65.6) | (43.9) | (34.8) | (44.0) | (39.5) | (53.5) | (27.0) | (33.6) | (17.5) | 0.5 | 33.0 | 37.5 | 79.2 | 95.8 | 115.0 | 57.1 | 54.1 | 32.5 | 21.7 | 7.7 | 16.2 | (61.2) | 2.6 | 1.6 | 1.9 | (5.6) | (5.6) |
| Interest Expense | 9.7 | 7.4 | 9.9 | 8.6 | 5.4 | 7.6 | 6.8 | 6.6 | 6.7 | 2.9 | 1.1 | 1.4 | 1.4 | 1.4 | 1.3 | 1.2 | 1.3 | 1.9 | 2.5 | 2.6 | 2.6 | 1.2 | 1.4 | 1.7 | 1.1 | 0.8 | 0.7 | 0.7 | 0.8 | 0.8 |
| Interest Income | 0 | 15.6 | 18.8 | 16.5 | 8.1 | 8.6 | 10.1 | 11.8 | 12.4 | 12.9 | 14.0 | 14.5 | 13.8 | 13.3 | 11.0 | 6.2 | 2.2 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0 | 0.1 | 0.2 | 0.1 | 0 | 0 | 0 | 0 |
| Profitability | ||||||||||||||||||||||||||||||
| EBITDA | 15.7 | 28.3 | 45.1 | (27.4) | (16.5) | 1.8 | (5.1) | (8.9) | (23.2) | 45.1 | (0.7) | 13.9 | 26.7 | 54.8 | 54.2 | 87.4 | 103.8 | 120.5 | 61.8 | 61.1 | 42.6 | 27.9 | 9.8 | 18.4 | (59.7) | 4.0 | 3.1 | 3.8 | (3.9) | (3.9) |
| EBIT | (19.6) | (3.8) | 20.4 | (49.9) | (37.3) | (19.6) | (27.2) | (28.2) | (41.4) | 26.5 | (19.6) | (3.1) | 14.3 | 46.7 | 48.4 | 85.3 | 98.0 | 115.2 | 57.2 | 54.2 | 36.0 | 21.8 | 7.7 | 16.2 | (61.1) | 2.7 | 1.6 | 1.9 | (5.6) | (5.6) |
| Income Before Tax | (29.3) | (13.6) | 10.6 | (58.4) | (42.7) | (27.2) | (34.0) | (34.9) | (48.2) | 23.6 | (20.7) | (4.5) | 12.9 | 45.3 | 47.1 | 84.1 | 96.6 | 113.3 | 54.7 | 51.6 | 33.3 | 20.6 | 6.3 | 14.5 | (62.2) | 1.9 | 1.0 | 2.8 | (5.3) | (5.3) |
| Income Tax Expense | (9.0) | (5.7) | 1.1 | (16.7) | (11.9) | (4.5) | (11.6) | (9.3) | (14.1) | 7.1 | (4.4) | (0.2) | 5.5 | 7.8 | (19.9) | 20.9 | 23.4 | 27.8 | 5.7 | 8.8 | 6.2 | 4.5 | (17.8) | (0.1) | 0.3 | 0 | 0 | 0 | 0.0 | 0.0 |
| Net Income | (20.3) | (8.0) | 9.4 | (41.8) | (30.9) | (22.6) | (22.3) | (25.5) | (34.1) | 16.5 | (16.3) | (4.3) | 7.4 | 37.4 | 67.0 | 63.2 | 73.3 | 85.6 | 49.0 | 42.8 | 27.2 | 16.1 | 24.1 | 14.6 | (62.5) | 1.9 | 1.0 | 2.8 | (5.3) | (5.3) |
| Per Share Data | ||||||||||||||||||||||||||||||
| EPS (Basic) | -0.11 | -0.04 | 0.05 | -0.24 | -0.19 | -0.14 | -0.14 | -0.16 | -0.21 | 0.09 | -0.09 | -0.02 | 0.04 | 0.21 | 0.38 | 0.33 | 0.42 | 0.45 | 0.28 | 0.24 | 0.16 | 0.10 | 0.22 | 0.20 | -0.92 | 0.03 | 0.02 | 0.04 | -0.08 | -0.08 |
| EPS (Diluted) | -0.11 | -0.04 | 0.05 | -0.24 | -0.19 | -0.14 | -0.14 | -0.16 | -0.21 | -0.08 | -0.09 | -0.02 | 0.04 | 0.19 | 0.35 | 0.33 | 0.38 | 0.44 | 0.26 | 0.23 | 0.15 | 0.09 | 0.20 | 0.20 | -0.92 | 0.03 | 0.01 | 0.04 | -0.08 | -0.08 |
| Shares Outstanding | 178.2 | 177.7 | 177.7 | 174.1 | 163.8 | 163.8 | 163.4 | 164.1 | 165.3 | 174.6 | 177.6 | 177.2 | 177.0 | 176.9 | 176.6 | 190.4 | 176.5 | 191.3 | 176.1 | 176.1 | 172.7 | 168.9 | 111.9 | 71.9 | 68.1 | 71.9 | 66.6 | 66.6 | 66.6 | 66.6 |
| 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 | 2019 Q4 | 2019 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||||||||||||||||||
| Cash & Cash Equivalents | 429.1 | 887.1 | 1,166.0 | 1,147.2 | 261.5 | 198.3 | 282.4 | 284.4 | 296.7 | 297.2 | 264.6 | 547.7 | 927.2 | 651.2 | 136.6 | 428.0 | 664.5 | 1,233.3 | 1,179.3 | 1,179.4 | 1,196.9 | 1,181.5 | 519.7 | 30.2 | 38.6 | 2.8 | (2.8) |
| Short-Term Investments | 1,023.6 | 852.1 | 664.3 | 793.2 | 492.1 | 560.8 | 568.4 | 582.1 | 641.4 | 650.3 | 734.5 | 537.0 | 200.8 | 517.8 | 1,045.7 | 836.3 | 599.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.7 |
| Net Receivables | 96.7 | 119.3 | 146.7 | 14.8 | 64.9 | 112.7 | 62.3 | 22.4 | 27.8 | 40.9 | 29.3 | 17.3 | 15.2 | 23.0 | 32.9 | 19.9 | 37.0 | 37.1 | 51.0 | 37.1 | 8.2 | 13.9 | 3.6 | 3.6 | 0.2 | 0.4 | 0 |
| Inventory | 173.4 | 169.2 | 171.6 | 144.4 | 128.0 | 133.1 | 107.9 | 116.7 | 115.4 | 108.5 | 95.2 | 77.2 | 67.8 | 61.8 | 57.6 | 61.6 | 42.2 | 39.6 | 38.7 | 34.1 | 35.5 | 35.1 | 32.3 | 31.0 | 29.7 | 23.0 | 0 |
| Other Current Assets | 0 | 19.3 | 18.3 | 59.7 | 13.8 | 17.9 | 10.2 | 11.6 | 9.3 | 9.3 | 7.5 | 9.2 | 12.8 | 13.6 | 21.1 | 0 | 0 | 0 | 1.3 | 0.3 | 0.3 | 3.8 | 0 | 7.9 | 0 | 0 | 0 |
| Total Current Assets | 1,745.4 | 2,046.9 | 2,165.8 | 2,174.4 | 960.4 | 1,022.9 | 1,031.3 | 1,017.2 | 1,090.6 | 1,106.2 | 1,131.2 | 1,188.3 | 1,223.9 | 1,267.4 | 1,293.8 | 1,356.8 | 1,348.9 | 1,316.5 | 1,276.8 | 1,255.5 | 1,246.1 | 1,239.1 | 561.0 | 73.7 | 70.7 | 27.4 | 2.8 |
| Non-Current Assets | |||||||||||||||||||||||||||
| Property, Plant & Equipment | 1,608.6 | 1,452.8 | 1,383.0 | 1,306.2 | 1,299.2 | 1,288.5 | 1,260.2 | 1,239.5 | 1,226.9 | 1,206.7 | 1,168.7 | 1,108.1 | 1,055.0 | 1,002.2 | 935.8 | 830.0 | 749.8 | 668.5 | 610.6 | 583.7 | 561.5 | 534.1 | 503.0 | 57.3 | 49.3 | 47.0 | 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 |
| Intangible Assets | 0 | 0 | 6.2 | 6.5 | 6.8 | 7.1 | 7.4 | 8.0 | 8.3 | 8.6 | 8.9 | 9.2 | 0 | 0 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0.5 | 0 | 0 | 0 | 0 | 9.0 | 9.7 | 10.0 | 10.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.5 | 0 | 0 | 0 | 9.1 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 372.7 | 340.5 | 308.6 | 311.3 | 69.8 | 49.7 | 34.7 | 26.6 | (78.9) | (99.3) | 17.7 | (118.8) | 10.6 | 11.5 | 8.0 | 2.3 | 2.5 | 1.7 | 2.2 | 10.2 | 10.3 | 0.2 | 10.2 | 26.2 | 27.6 | 27.4 | (2.8) |
| Total Non-Current Assets | 1,981.3 | 1,793.3 | 1,844.1 | 1,624.0 | 1,375.8 | 1,345.3 | 1,302.2 | 1,283.1 | 1,273.7 | 1,247.8 | 1,261.9 | 1,133.9 | 1,065.6 | 1,013.7 | 944.0 | 832.4 | 752.4 | 670.7 | 612.9 | 593.9 | 571.8 | 543.4 | 513.2 | 83.5 | 76.9 | 74.4 | (2.8) |
| Total Assets | 3,726.7 | 3,840.2 | 4,009.9 | 3,798.3 | 2,336.2 | 2,368.1 | 2,333.6 | 2,300.3 | 2,364.3 | 2,354.0 | 2,393.1 | 2,322.2 | 2,289.4 | 2,281.1 | 2,237.8 | 2,189.2 | 2,101.2 | 1,987.2 | 1,889.7 | 1,849.5 | 1,818.0 | 1,782.5 | 1,074.3 | 157.2 | 147.6 | 101.8 | 0 |
| Current Liabilities | |||||||||||||||||||||||||||
| Account Payables | 46.0 | 33.0 | 36.7 | 25.4 | 21.7 | 20.9 | 23.6 | 21.7 | 19.8 | 26.1 | 28.0 | 92.1 | 71.7 | 68.6 | 15.3 | 70.2 | 62.1 | 41.7 | 35.7 | 27.8 | 0 | 0 | 16.2 | 18.9 | 13.8 | 0 | 0 |
| Short-Term Debt | 0 | 76.2 | 74.5 | 71.3 | 67.4 | 67.3 | 0 | 0 | 1.2 | 1.2 | 1.2 | 2.2 | 0 | 0 | 0 | 0 | 0 | 0 | 16.1 | 30.9 | 45.8 | 41.6 | 24.5 | 40.3 | 37.6 | 4.5 | 0 |
| Deferred Revenue | 45.5 | 62.1 | 74.3 | 0 | 79.9 | 75.3 | 56.9 | 50 | 50 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.6 | 0 |
| Other Current Liabilities | 31.6 | 97.2 | 89.6 | 134.7 | 23.4 | 15.5 | 18.9 | 8.9 | 73.0 | 6.3 | 5.5 | 1.8 | 3.8 | 4.1 | 4.1 | 4.5 | 4.0 | 4.7 | 4.0 | 3.6 | 44.2 | 31.1 | 2.2 | 4.7 | 4.2 | 20.0 | 0 |
| Total Current Liabilities | 183.5 | 285.3 | 299.0 | 270.2 | 266.9 | 248.2 | 164.0 | 146.8 | 158.1 | 107.5 | 108.5 | 97.0 | 75.8 | 93.9 | 97.5 | 74.7 | 66.1 | 51.6 | 59.5 | 70.8 | 90.3 | 72.9 | 43.1 | 65.8 | 55.6 | 31.3 | 0 |
| Non-Current Liabilities | |||||||||||||||||||||||||||
| Long-Term Debt | 934.6 | 958.2 | 960.1 | 951.1 | 843.4 | 842.4 | 908.7 | 937.6 | 936.6 | 935.6 | 682.0 | 681.1 | 680.2 | 679.3 | 678.4 | 677.6 | 676.7 | 675.8 | 674.9 | 674.0 | 673.2 | 690.3 | 45.3 | 54.4 | 70.1 | 13.6 | 0 |
| Deferred Tax Liabilities | 27.0 | 35.2 | 197.3 | 0 | 93.7 | 105.9 | 110.8 | 98.5 | 107.7 | 121.9 | 187.4 | 135.4 | 135.6 | 129.7 | 122.4 | 167.0 | 146.6 | 128.0 | 104.5 | 98.4 | 95.6 | 91.6 | 87.5 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 129.8 | 64.8 | 46.6 | 189.3 | 48.6 | 37.6 | 26.1 | 26.9 | 27.5 | 26.0 | 24.7 | 22.0 | 25.9 | 26.4 | 26.9 | 27.5 | 41.1 | 41.5 | 41.4 | 51.4 | 51.7 | 51.8 | 43.8 | 47.0 | 46.6 | 45.6 | 0 |
| Total Non-Current Liabilities | 1,172.3 | 1,174.2 | 1,318.5 | 1,149.7 | 1,058.8 | 1,083.8 | 1,114.7 | 1,089.0 | 1,097.2 | 1,108.7 | 918.8 | 849.1 | 848.7 | 835.4 | 827.7 | 872.1 | 864.4 | 845.3 | 821.4 | 824.5 | 821.0 | 834.4 | 177.3 | 101.5 | 116.7 | 88.5 | 0 |
| Total Liabilities | 1,769.4 | 1,459.4 | 1,617.5 | 1,419.9 | 1,325.6 | 1,332.0 | 1,278.7 | 1,235.7 | 1,255.3 | 1,216.3 | 1,027.3 | 946.1 | 924.5 | 929.3 | 925.2 | 946.9 | 930.5 | 896.8 | 880.9 | 895.3 | 911.3 | 907.4 | 220.4 | 167.3 | 172.3 | 119.8 | 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 | 20.5 | 20.5 | 0.0 | 0 |
| Retained Earnings | 206.2 | 226.5 | 234.4 | 225.0 | 266.8 | 297.7 | 320.3 | 342.6 | 368.2 | 402.2 | 385.7 | 402.0 | 406.3 | 398.9 | 361.4 | 294.4 | 231.2 | 158.0 | 72.4 | 23.4 | (19.3) | (46.5) | (62.6) | (86.7) | (101.4) | (40.8) | 0 |
| Accumulated Other Comprehensive Income | (0.3) | (0.0) | 0.4 | 0.3 | (0.0) | (0.0) | 0.2 | 0.3 | (0.1) | (0.1) | 0.1 | (0.0) | (0.2) | 0.1 | 0.2 | (0.1) | (0.4) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (13.5) |
| Total Stockholders' Equity | 1,957.3 | 2,380.8 | 2,392.4 | 2,378.4 | 1,010.5 | 1,036.1 | 1,054.9 | 1,064.5 | 1,109.0 | 1,137.8 | 1,365.8 | 1,376.1 | 1,364.9 | 1,351.8 | 1,312.6 | 1,242.3 | 1,170.7 | 1,090.4 | 1,008.7 | 954.2 | 906.6 | 875.2 | 853.9 | (10.1) | (24.7) | (18.0) | (11.3) |
| Total Liabilities & Equity | 3,726.7 | 3,840.2 | 4,009.9 | 3,798.3 | 2,336.2 | 2,368.1 | 2,333.6 | 2,300.3 | 2,364.3 | 2,354.0 | 2,393.1 | 2,322.2 | 2,289.4 | 2,281.1 | 2,237.8 | 2,189.2 | 2,101.2 | 1,987.2 | 1,889.7 | 1,849.5 | 1,818.0 | 1,782.5 | 1,074.3 | 157.2 | 147.6 | 101.8 | (11.3) |
| Debt Metrics | |||||||||||||||||||||||||||
| Total Debt | 934.6 | 1,048.0 | 1,043.1 | 1,034.9 | 916.8 | 916.2 | 914.5 | 943.6 | 944.4 | 943.7 | 690.4 | 694.8 | 687.6 | 679.3 | 678.5 | 677.6 | 676.7 | 675.8 | 691.8 | 705.9 | 719.9 | 732.8 | 70.8 | 96.7 | 107.8 | 18.7 | 0 |
| Net Debt | 505.5 | 160.9 | (122.9) | (112.3) | 655.3 | 717.8 | 632.1 | 659.2 | 647.7 | 646.5 | 425.7 | 147.1 | (239.7) | 28.1 | 541.8 | 249.6 | 12.2 | (557.5) | (487.5) | (473.5) | (477.0) | (448.7) | (448.8) | 66.5 | 69.2 | 15.9 | 2.8 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||||||
| Net Income | (20.3) | (8.0) | 9.4 | (41.8) | (30.9) | (22.6) | (22.3) | (25.5) | (34.1) | 16.5 | (16.3) | (4.3) | 7.4 | 37.4 | 67.0 | 63.2 | 73.3 | 85.6 | 49.0 | 42.8 | 27.2 | 16.1 | 24.1 | 14.6 | (62.5) | 1.9 | 1.0 | 2.8 | (5.3) | (5.3) |
| Depreciation & Amortization | 35.4 | 32.1 | 24.6 | 22.5 | 20.8 | 21.4 | 22.1 | 19.3 | 18.2 | 18.4 | 18.9 | 17.0 | 12.4 | 8.1 | 5.8 | 2.1 | 5.8 | 5.3 | 4.6 | 7.0 | 6.7 | 6.2 | 2.1 | 2.2 | 1.4 | 1.3 | 1.5 | 1.9 | 1.7 | 1.7 |
| Stock-Based Compensation | 11.3 | 12.9 | 9.6 | 7.7 | 5.6 | 7.4 | 4.6 | 5.5 | 5.7 | 7.5 | 6.2 | 6.3 | 5.7 | 7.0 | 6.8 | 7.8 | 7.4 | 9.8 | 8.2 | 4.6 | 4.5 | 5.7 | 5.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | (25.9) | (10) | (78.6) | (15.7) | 14.4 | (56.3) | 40.5 | (6.5) | 49.5 | (43.0) | (12.5) | (5.6) | (17.5) | 3.3 | (63.3) | 23.1 | (6.1) | 31.9 | (17.3) | (18.7) | 10.5 | (8.9) | (23.0) | (7.0) | (7.4) | (0.3) | (4.5) | (5.2) | (0.8) | (0.8) |
| Other Non-Cash Items | 14.6 | (23.8) | (10.9) | (3.2) | (0.1) | (8.4) | (2.9) | 9.6 | 5.6 | (47.6) | (5.4) | (2.2) | (4.1) | (7.7) | 37.1 | (22.1) | (0.1) | (35.0) | (30.5) | (13.3) | (8.8) | (13.9) | 13.2 | (12.4) | 67.0 | 0.8 | 4.1 | 9.3 | (1.2) | (1.2) |
| Operating Cash Flow | 6.8 | (1.9) | (46.9) | (42.0) | (3.7) | (63.2) | 30.5 | (6.8) | 30.8 | (41.1) | (13.8) | 11.0 | 10.0 | 55.5 | 29.1 | 94.6 | 98.9 | 121.0 | 31.5 | 22.5 | 38.6 | 9.3 | 3.6 | (2.6) | (1.5) | 3.7 | 2.1 | 8.7 | (5.6) | (5.6) |
| Investing Activities | ||||||||||||||||||||||||||||||
| Capital Expenditure | (230.3) | (77.4) | (62.4) | (50.5) | (29.0) | (30.5) | (41.6) | (46.4) | (46.5) | (51.8) | (73.0) | (58.7) | (55.8) | (74.5) | (112.3) | (91.7) | (67.7) | (54.9) | (37.5) | (41.7) | (25.4) | (19.3) | (12.7) | (4.9) | (4.2) | (0.6) | 0.1 | 0.2 | (1.3) | (1.3) |
| Acquisitions | 0 | 0 | 1.7 | 0 | 0 | 1.7 | 0 | 0 | 0 | 0 | 0.0 | 0 | 0 | (536.6) | 852.5 | (525.9) | 0 | 5.1 | (2.6) | 2.6 | 0 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (659.9) | (576.6) | (427.8) | (707.4) | (319.1) | (364.7) | (417.4) | (316.9) | (443.1) | (390.6) | (489.9) | (384.4) | 0 | (320.9) | (1,421.3) | (759.2) | (599.2) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 495.3 | 394.1 | 563.2 | 412.9 | 393.6 | 377.8 | 437.4 | 384.1 | 459.8 | 483.1 | 292.0 | 51.7 | 321.7 | 857.5 | 1,218.3 | 525.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0.0 | 0 | (1.7) | 12 | 24.3 | 0 | 0 | 0 | 0 | 0.1 | 1.8 | 1.1 | 0 | 536.6 | (852.5) | 525.9 | 0 | 0 | 4.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.7) | 3.2 | 2.7 | 2.7 |
| Investing Cash Flow | (394.9) | (259.8) | 73.0 | (333.1) | 69.7 | (15.7) | (21.6) | 20.7 | (29.7) | 40.7 | (269.1) | (390.3) | 265.9 | 462.2 | (315.2) | (325.1) | (666.8) | (49.8) | (35.7) | (39.1) | (25.4) | (19.2) | (12.7) | (4.9) | (4.2) | (0.6) | (0.6) | 3.4 | 1.4 | 1.4 |
| Financing Activities | ||||||||||||||||||||||||||||||
| Net Debt Issuance | (68.8) | (0.9) | (1.1) | (1.1) | (2.5) | (1.4) | (0.8) | (0.5) | (1.4) | 318.1 | (0.6) | (0.6) | (0.6) | (0.8) | (0.7) | (0.7) | (0.7) | (3.8) | (0.7) | (0.7) | (0.7) | 689.7 | (19.1) | (1.0) | (0.2) | (0.2) | (0.2) | (11.4) | 0 | 0 |
| Stock Repurchased | (0.6) | (17.6) | (31.1) | (1.6) | (0.2) | (3.6) | (5.5) | (24.3) | (0.2) | (200.8) | (0.7) | (0.3) | (0.2) | (6.0) | (4.1) | 0 | (0.2) | (14.1) | (2.8) | (0.0) | (0.2) | (0.3) | (1.0) | 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 |
| Other Financing Activities | 0 | 0 | 24.9 | 1,263.4 | 0 | 0 | (4.5) | (0.5) | 0 | (84.4) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.0) | (0.1) | (0.4) | (17.9) | 504.9 | (1.6) | 39.1 | 0 | 0 | 0 | 3.7 | 3.7 |
| Financing Cash Flow | (69.4) | (18.5) | (7.3) | 1,260.6 | (2.7) | (5.0) | (10.8) | (25.3) | (1.6) | 32.9 | (1.3) | (1.0) | (0.8) | (6.8) | (4.8) | (0.7) | (0.9) | (17.9) | (3.5) | (0.9) | (1.3) | 671.8 | 485.8 | (2.5) | 38.9 | (0.2) | (0.2) | (11.4) | 3.7 | 3.7 |
| Cash Position | ||||||||||||||||||||||||||||||
| Net Change in Cash | (457.5) | (280.3) | 18.9 | 885.5 | 63.3 | (83.9) | (2.0) | (11.4) | (0.5) | 32.5 | (284.3) | (380.2) | 275.1 | 510.9 | (290.9) | (231.2) | (568.8) | 53.3 | (7.7) | (17.5) | 11.9 | 662.0 | 476.7 | (10.0) | 33.2 | 2.9 | 1.3 | 0.8 | (0.5) | (0.5) |
| Cash at Beginning | 887.1 | 1,167.4 | 1,148.5 | 263.0 | 199.7 | 283.6 | 285.6 | 296.7 | 297.2 | 264.6 | 548.9 | 929.5 | 654.4 | 143.5 | 434.4 | 665.6 | 1,234.4 | 1,181.2 | 1,188.8 | 1,206.3 | 1,194.4 | 532.4 | 55.7 | 65.7 | 32.5 | 29.6 | 28.3 | 27.5 | 28.0 | 0 |
| Cash at End | 429.6 | 887.1 | 1,167.4 | 1,148.5 | 263.0 | 199.7 | 283.6 | 285.6 | 296.7 | 297.2 | 264.6 | 549.2 | 929.5 | 654.4 | 143.5 | 434.4 | 665.6 | 1,234.4 | 1,181.2 | 1,188.8 | 1,206.3 | 1,194.4 | 532.4 | 55.7 | 65.7 | 32.5 | 29.6 | 28.3 | 27.5 | (0.5) |
| Free Cash Flow | (223.5) | (79.3) | (109.3) | (92.5) | (32.7) | (93.7) | (11.2) | (53.3) | (15.6) | (93.0) | (86.8) | (47.7) | (45.8) | (19.0) | (83.2) | 2.8 | 31.2 | 66.0 | (5.9) | (19.2) | 13.2 | (10.0) | (9.1) | (7.4) | (5.7) | 3.1 | 2.2 | 9.0 | (6.9) | (6.9) |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||||||||||||||||
| Revenue | 108.5 | 90.6 | 52.7 | 53.6 | 57.4 | 60.8 | 61.0 | 62.9 | 31.3 | 48.7 | 41.2 | 52.5 | 64.0 | 95.7 | 93.2 | 124.4 | 143.6 | 166.3 | 99.1 | 99.8 | 73.1 | 60.0 | 42.2 | 41.0 | 30.4 | 20.7 | 21.0 | 26.9 | 12.7 | 12.7 |
| Gross Profit | 36.2 | (15.7) | (17.0) | (17.4) | (13.8) | (9.4) | (19.4) | (13.7) | (28.4) | (5.3) | (1.0) | 13.5 | 29.1 | 63.4 | 63.1 | 99.9 | 116.1 | 137.8 | 76.0 | 70.9 | 48.5 | 35.9 | 20.7 | 22.4 | 11.8 | 6.3 | 4.0 | 6.7 | (0.2) | (0.2) |
| Operating Income | (14.7) | (18.2) | (2.6) | (65.6) | (43.9) | (34.8) | (44.0) | (39.5) | (53.5) | (27.0) | (33.6) | (17.5) | 0.5 | 33.0 | 37.5 | 79.2 | 95.8 | 115.0 | 57.1 | 54.1 | 32.5 | 21.7 | 7.7 | 16.2 | (61.2) | 2.6 | 1.6 | 1.9 | (5.6) | (5.6) |
| Net Income | (20.3) | (8.0) | 9.4 | (41.8) | (30.9) | (22.6) | (22.3) | (25.5) | (34.1) | 16.5 | (16.3) | (4.3) | 7.4 | 37.4 | 67.0 | 63.2 | 73.3 | 85.6 | 49.0 | 42.8 | 27.2 | 16.1 | 24.1 | 14.6 | (62.5) | 1.9 | 1.0 | 2.8 | (5.3) | (5.3) |
| EPS (Diluted) | -0.11 | -0.04 | 0.05 | -0.24 | -0.19 | -0.14 | -0.14 | -0.16 | -0.21 | -0.08 | -0.09 | -0.02 | 0.04 | 0.19 | 0.35 | 0.33 | 0.38 | 0.44 | 0.26 | 0.23 | 0.15 | 0.09 | 0.20 | 0.20 | -0.92 | 0.03 | 0.01 | 0.04 | -0.08 | -0.08 |
| Balance Sheet | ||||||||||||||||||||||||||||||
| Cash & Equivalents | 429.1 | 887.1 | 1,166.0 | 1,147.2 | 261.5 | 198.3 | 282.4 | 284.4 | 296.7 | 297.2 | 264.6 | 547.7 | 927.2 | 651.2 | 136.6 | 428.0 | 664.5 | 1,233.3 | 1,179.3 | 1,179.4 | 1,196.9 | 1,181.5 | 519.7 | 30.2 | 38.6 | 2.8 | (2.8) | |||
| Total Assets | 3,726.7 | 3,840.2 | 4,009.9 | 3,798.3 | 2,336.2 | 2,368.1 | 2,333.6 | 2,300.3 | 2,364.3 | 2,354.0 | 2,393.1 | 2,322.2 | 2,289.4 | 2,281.1 | 2,237.8 | 2,189.2 | 2,101.2 | 1,987.2 | 1,889.7 | 1,849.5 | 1,818.0 | 1,782.5 | 1,074.3 | 157.2 | 147.6 | 101.8 | 0 | |||
| Total Debt | 934.6 | 1,048.0 | 1,043.1 | 1,034.9 | 916.8 | 916.2 | 914.5 | 943.6 | 944.4 | 943.7 | 690.4 | 694.8 | 687.6 | 679.3 | 678.5 | 677.6 | 676.7 | 675.8 | 691.8 | 705.9 | 719.9 | 732.8 | 70.8 | 96.7 | 107.8 | 18.7 | 0 | |||
| Stockholders' Equity | 1,957.3 | 2,380.8 | 2,392.4 | 2,378.4 | 1,010.5 | 1,036.1 | 1,054.9 | 1,064.5 | 1,109.0 | 1,137.8 | 1,365.8 | 1,376.1 | 1,364.9 | 1,351.8 | 1,312.6 | 1,242.3 | 1,170.7 | 1,090.4 | 1,008.7 | 954.2 | 906.6 | 875.2 | 853.9 | (10.1) | (24.7) | (18.0) | (11.3) | |||
| Cash Flow | ||||||||||||||||||||||||||||||
| Operating Cash Flow | 6.8 | (1.9) | (46.9) | (42.0) | (3.7) | (63.2) | 30.5 | (6.8) | 30.8 | (41.1) | (13.8) | 11.0 | 10.0 | 55.5 | 29.1 | 94.6 | 98.9 | 121.0 | 31.5 | 22.5 | 38.6 | 9.3 | 3.6 | (2.6) | (1.5) | 3.7 | 2.1 | 8.7 | (5.6) | (5.6) |
| Capital Expenditure | (230.3) | (77.4) | (62.4) | (50.5) | (29.0) | (30.5) | (41.6) | (46.4) | (46.5) | (51.8) | (73.0) | (58.7) | (55.8) | (74.5) | (112.3) | (91.7) | (67.7) | (54.9) | (37.5) | (41.7) | (25.4) | (19.3) | (12.7) | (4.9) | (4.2) | (0.6) | 0.1 | 0.2 | (1.3) | (1.3) |
| Free Cash Flow | (223.5) | (79.3) | (109.3) | (92.5) | (32.7) | (93.7) | (11.2) | (53.3) | (15.6) | (93.0) | (86.8) | (47.7) | (45.8) | (19.0) | (83.2) | 2.8 | 31.2 | 66.0 | (5.9) | (19.2) | 13.2 | (10.0) | (9.1) | (7.4) | (5.7) | 3.1 | 2.2 | 9.0 | (6.9) | (6.9) |