MaxLinear, Inc. logo MXL - MaxLinear, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 11
HOLD 6
SELL 0
STRONG
SELL
0
| PRICE TARGET: $52.71 DETAILS
HIGH: $75.00
LOW: $30.00
MEDIAN: $55.00
CONSENSUS: $52.71
DOWNSIDE: 46.84%
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 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4
Revenue
Revenue 137.2 136.4 126.5 108.8 95.9 92.2 81.1 92.0 95.3 125.4 135.5 183.9 248.4 290.6 285.7 280.0 263.9 247.9 229.8 205.4 209.4 194.7 156.6 65.2 62.0 70.0 80.0 82.5 84.6 87.6 85.0 101.5 110.8 113.7 113.6 104.2 88.8 87.1 96.3 101.7 102.7 98.9 95.2 70.8 35.4 32.5 32.5 35.6 32.5 31.6 31.8 29.8 26.5 24.8 27.8 24.4 20.7 19.3 17.6 18.1 16.9 15.9 18.5 18.2 16.1 15.2 16.2 11.2 8.8 7.8
Cost of Revenue 58.3 57.9 54.9 47.9 42.7 41.5 37.6 42.4 46.6 57.4 62.2 81.8 109.1 128.6 119.8 118.6 115.5 112.0 105.8 98.6 103.7 117.8 96.5 38.0 37.0 39.1 43.8 44.2 45.4 49.8 49.2 53.2 56.2 70.5 71.8 61.5 35.9 36.7 40.8 38.8 41.5 43.2 44.1 43.9 13.7 12.7 12.6 13.3 12.4 12.4 11.9 12.5 9.8 9.1 10.3 9.3 8.3 7.6 6.3 6.7 6.1 5.4 5.5 5.5 5.2 4.5 5.6 3.9 3.1 2.8
Gross Profit 78.9 78.6 71.6 60.9 53.2 50.7 43.5 49.6 48.7 67.9 73.3 102.2 139.4 162.0 165.9 161.4 148.4 135.8 124.0 106.7 105.6 76.9 60.1 27.2 25.0 30.9 36.2 38.3 39.2 37.9 35.8 48.3 54.6 43.2 41.8 42.7 52.9 50.4 55.5 62.9 61.2 55.8 51.0 26.9 21.7 19.8 19.9 22.2 20.1 19.1 19.8 17.3 16.7 15.7 17.5 15.1 12.4 11.7 11.3 11.4 10.8 10.4 13.0 12.7 11.0 10.7 10.6 7.3 5.7 5
Operating Expenses
R&D Expenses 53.2 51.7 54.3 47.2 55.5 51.3 52.6 56.5 64.8 65.2 66.3 70.7 67.3 73.7 76.4 80.4 65.9 73.3 67.5 74.4 63.2 70.5 55.8 28.0 25.7 23.5 23.2 24.3 27.4 29.6 29.0 30.2 31.1 30.0 29.1 29.0 23.9 24.0 25.9 24.0 23.8 22.6 23.5 24.0 15.3 14.7 15.0 13.9 13.1 14.7 14.6 12.3 11.5 12.6 10.9 11.0 11.9 10.2 9.5 12.7 7.9 7.4 7.3 6.9 6.1 5.6 5.3 5.0 3.9 3.9
SG&A Expenses 42.5 42.0 47.3 32.8 36.0 37.5 29.6 33.0 35.9 33.8 24.7 33.0 37.7 43.2 36.9 41.6 34.4 33.2 32.4 28.3 28.0 28.6 28.2 19.8 15.6 15.2 16.2 16.5 17.8 17.2 17.0 16.5 19.1 18.1 18.1 23.1 18.6 13 17.0 16.5 13.6 18.0 25.5 23.6 10.9 9.6 8.1 8.7 7.8 7.0 10.0 7.8 7.4 7.5 6.2 6.6 7.0 5.8 5.0 4.5 4.8 4.1 4.1 4.2 3.5 3.1 2.9 2.1 1.7 1.9
Other Expenses 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 (0.1) 0 0 0 0.1 (0.2) 0.1 0.4 (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.1) (0.1) (0.1) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Operating Expenses 95.6 93.4 101.6 80.0 91.5 88.8 82.2 89.5 100.7 99.0 91.1 103.7 105.0 116.9 113.4 122.0 100.3 106.5 99.9 102.7 91.2 99.1 84.0 47.8 41.3 38.7 39.4 40.8 45.2 46.8 46.0 46.7 50.2 48.1 47.2 52.0 42.5 37.0 42.9 40.5 37.4 40.6 48.9 47.6 26.2 24.3 23.1 22.6 20.9 21.8 24.5 20.1 18.9 20.1 17.0 17.6 18.9 16.0 14.5 17.1 12.7 11.5 11.4 11.1 9.6 8.8 8.3 7.1 5.6 5.8
Operating Income
Operating Income (16.7) (14.9) (30.0) (19.0) (38.2) (38.1) (38.7) (40.0) (52.0) (31.1) (17.8) (1.5) 34.4 45.1 52.6 39.5 48.1 29.3 24.1 4.0 14.5 (22.2) (23.8) (20.6) (16.3) (7.8) (3.2) (2.6) (5.9) (9.0) (10.1) 1.6 4.4 (4.9) (5.5) (9.2) 10.4 13.4 12.6 22.4 21.7 (8.7) 1.7 (32.1) (4.6) (4.5) (3.2) (0.3) (0.8) (2.7) (4.7) (2.8) (2.2) (4.4) 0.4 (2.5) (6.5) (4.3) (3.2) (5.7) (1.9) (1.1) 1.6 1.6 1.4 1.9 2.4 0.2 0.1 (0.8)
Interest Expense 2.2 2.4 2.6 2.5 2.5 2.8 2.7 2.7 2.7 2.9 2.7 2.6 2.5 2.3 2.7 2.4 2.3 2.4 2.6 3.7 4.2 4.7 3.6 2.2 2.5 2.6 2.7 2.9 3.0 3.2 3.5 3.7 3.9 4.0 4.1 2.2 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 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Interest Income 0.6 0.8 0.9 0.8 0.9 1.0 1.7 1.9 1.8 1.8 1.7 1.9 0.6 0.1 0.1 0.1 0.0 0.0 0.0 0.0 0 0.1 0.0 0.0 0.2 0.2 0.2 0.2 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.2 0.1 0.1 0.2 0.2 0.1 0.0 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 0.1 0.1 0.1 0.1 0.1 0.1 0.0 0.0 0.0 0 0.0 0.0
Profitability
EBITDA (7.6) (4.6) (31.7) (17.0) (37.3) (28.2) (69.7) (27.0) (56.8) (25.3) (24.0) 14.4 44.4 59.4 63.4 63.9 69.2 53.3 45.0 16.6 30.4 (2.8) (15.7) (7.1) (3.8) 7.7 14.4 13.9 8.5 8.7 7.3 20.5 24.0 13.8 10.1 1.9 17.4 16.6 19.6 26.8 29.6 24.6 19.4 (8.4) (2.9) (2.9) (1.9) 0.7 0.4 (1.8) (3.9) (1.7) (1.2) (3.5) 1.4 (1.6) (5.6) (3.7) (2.3) (4.9) (1.1) (0.4) 2.2 2.1 1.7 2.2 2.6 0.4 0.3 (0.6)
EBIT (16.7) (15.4) (40.7) (28.2) (46.5) (38.0) (79.8) (38.6) (71.4) (39.7) (38.8) (2.2) 27.6 43.0 47.3 46.3 47.4 30.9 23.7 (3.5) 9.8 (24.1) (35.3) (22.8) (19.7) (8.2) (2.0) (2.8) (8.3) (10.5) (12.5) 0.5 3.9 (6.4) (11.3) (16.3) 10.5 9.6 10.8 22.7 23.8 15.2 2.1 (20.7) (4.6) (4.5) (3.2) (0.3) (0.8) (2.6) (4.7) (2.8) (2.2) (4.5) 0.5 (2.4) (6.5) (4.5) (3.1) (5.6) (1.8) (1) 1.7 1.7 1.4 1.9 2.4 0.2 0.1 (0.8)
Income Before Tax (18.7) (17.8) (43.4) (30.7) (49.0) (40.8) (82.5) (41.3) (74.1) (42.6) (41.5) (4.8) 25.1 40.7 44.6 43.9 45.0 28.5 21.1 (7.3) 5.6 (28.8) (38.8) (25.0) (22.2) (10.8) (4.7) (5.6) (11.3) (13.7) (16.0) (3.2) (0.0) (10.5) (15.4) (18.6) 10.5 8.6 10.8 22.7 21.7 (8.5) 2.1 (32.0) (4.5) (4.5) (3.2) (0.3) (0.8) (2.6) (4.7) (2.8) (2.2) (4.5) 0.5 (2.4) (6.5) (4.4) (3.2) (5.6) (1.8) (1.0) 1.7 1.7 1.4 1.9 2.4 0.2 0.1 (0.8)
Income Tax Expense 26.5 (2.9) 2.1 (4.1) 0.7 17.0 (6.7) (2.1) (1.8) (4.1) (1.7) (0.4) 15.6 9.6 16.2 11.9 11.5 0.3 11.8 (8.0) 1.8 (4.1) (2.2) (3.2) (6.7) (2.7) (0.0) (3.4) (6.5) (14.0) (2.0) 11.2 (1.9) 9.0 (6.3) (29.5) 2.0 0.2 1.1 0.1 2.6 0.1 0.5 (1.4) 0.2 (2.2) 0.0 0.3 0.1 0.0 0.2 0.1 0.1 0.1 0.0 0.1 0.1 0.3 8.2 (0.8) (0.7) (6.7) 0.3 (0.1) 0.0 (0.0) 0.2 0.0 0.0 0
Net Income (45.1) (14.9) (45.5) (26.6) (49.7) (57.8) (75.8) (39.3) (72.3) (38.5) (39.8) (4.4) 9.5 31.1 28.4 32.0 33.6 28.2 9.3 0.7 3.8 (24.7) (36.6) (21.8) (15.5) (8.1) (4.7) (2.2) (4.9) 0.3 (13.9) (14.4) 1.8 (19.4) (9.2) 11.0 8.5 8.3 9.7 22.6 19.1 (8.5) 1.6 (30.6) (4.7) (2.4) (3.2) (0.6) (0.9) (2.6) (4.9) (2.9) (2.3) (4.6) 0.5 (2.6) (6.6) (4.7) (11.4) (4.8) (1.1) 5.7 1.4 1.8 1.3 1.9 2.2 0.2 0.1 (0.8)
Per Share Data
EPS (Basic) -0.52 -0.17 -0.52 -0.31 -0.58 -0.68 -0.90 -0.47 -0.88 -0.47 -0.49 -0.05 0.12 0.40 0.36 0.41 0.44 0.37 0.12 0.01 0.05 -0.33 -0.50 -0.30 -0.21 -0.11 -0.07 -0.03 -0.07 0.00 -0.20 -0.21 0.03 -0.29 -0.14 0.17 0.13 0.13 0.15 0.36 0.33 -0.14 0.03 -0.58 -0.12 -0.06 -0.09 -0.02 -0.02 -0.08 -0.14 -0.09 -0.07 -0.14 0.01 -0.08 -0.20 -0.14 -0.35 -0.15 -0.04 0.18 0.04 0.06 0.01 0.19 0.22 0.02 0.01 -0.08
EPS (Diluted) -0.52 -0.17 -0.52 -0.31 -0.58 -0.68 -0.90 -0.47 -0.88 -0.47 -0.49 -0.05 0.12 0.38 0.35 0.40 0.42 0.35 0.12 0.01 0.05 -0.33 -0.50 -0.30 -0.21 -0.11 -0.07 -0.03 -0.07 0.00 -0.20 -0.21 0.03 -0.29 -0.14 0.16 0.12 0.12 0.14 0.33 0.31 -0.14 0.03 -0.58 -0.12 -0.06 -0.09 -0.02 -0.02 -0.08 -0.14 -0.09 -0.07 -0.14 0.01 -0.08 -0.20 -0.14 -0.35 -0.15 -0.04 0.18 0.04 0.05 0.01 0.19 0.18 0.01 0.01 -0.08
Shares Outstanding 87.6 87.2 87.2 86.6 85.3 84.5 84.1 83.5 82.3 81.7 81.2 80.4 79.5 78.6 78.4 77.9 77.2 76.8 76.6 75.9 74.9 74.3 73.3 72.7 72.0 71.7 71.4 70.9 69.3 69.2 68.7 68.3 67.7 66.3 65.5 65.9 65.2 64.8 64.2 63.5 62.6 61.9 60.6 52.6 38.0 37.5 35.6 36.1 35.4 34.9 34.5 32.3 32.8 32.6 33.3 33.6 33.3 33.1 32.7 32.4 32.0 31.7 31.3 31.2 12.6 10.0 10.0 9.9 9.9 9.9
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 2010 Q2 2010 Q1 2009 Q4
Current Assets
Cash & Cash Equivalents 62.5 74.2 113.2 108.6 104.0 119.6 149.5 186.1 192.9 188.3 188.1 225.6 208.8 188.3 182.5 211.5 151.2 130.7 169.5 130.4 148.2 149.0 96.7 107.4 98.4 93.1 66.5 67.0 71.4 73.8 67.5 74.4 56.3 73.3 72.2 88.2 89.7 82.9 56.1 147.6 76.8 17.8 68.9 17.9
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 14.6 20.5 18.7 18.5 18.6 23.9 19.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 63.6 47.9 42.1 28.9 73.2 74.2 25.6 0
Net Receivables 40.9 46.1 52.9 105.8 98.9 85.5 47.9 84.9 126.2 170.6 158.2 155.8 190.7 171.0 178.1 137.1 125.7 119.7 106.9 135.3 92.0 67.4 105.4 41.4 44.8 50.4 56.3 56.6 59.6 59.5 58.6 83.6 90.6 66.1 75.6 82.7 57.8 50.5 49.7 44.3 41.0 8.3 8.1 9.7
Inventory 85.8 78.1 86.3 86.0 86.0 90.3 96.1 94.7 96.1 99.9 114.9 126.2 149.6 160.5 166.0 146.4 139.0 131.7 127.3 98.5 92.2 97.8 104.5 34.3 31.1 31.5 37.6 42.9 42.8 41.7 41.8 44.3 45.8 53.4 63.7 77.6 31.7 26.6 32.1 25.6 29.4 4.2 2.9 2.9
Other Current Assets 60.3 50.4 31.6 29.7 31.4 28.1 34.8 31.8 29.4 29.2 32.7 26.4 25.8 24.7 17.9 19.7 19.6 9.8 4.5 4.7 4.8 47.4 43.5 7.5 6.3 6.8 4.7 6.2 5.5 5.6 6.3 7.3 8.4 8.4 7.9 9.7 5.5 6.2 6.8 5.0 6.2 0 0 0
Total Current Assets 249.4 248.8 284.1 330.1 320.4 323.4 328.3 397.6 444.7 488.0 508.6 554.5 593.6 563.1 563.0 538.6 454.6 404.1 418.3 378.1 345.0 361.7 350.1 190.6 180.6 181.8 165.1 172.7 179.3 180.6 174.3 209.7 201.1 201.3 219.4 258.2 248.4 214.0 186.8 251.4 226.7 106.0 105.9 30.7
Non-Current Assets
Property, Plant & Equipment 66.3 64.4 65.5 67.7 73.5 77.5 86.0 90.3 95.8 97.7 102.1 109.0 104.0 107.5 97.1 97.3 92.9 88.2 76.7 71.0 65.2 61.4 49.1 27.0 25.6 27.6 33.9 36.4 38.5 18.4 19.4 20.9 22.0 22.7 23.3 24.5 19.2 20.5 21.9 21.1 21.5 3.6 3.0 2.6
Goodwill 318.6 318.6 318.6 318.6 318.6 318.6 318.6 318.6 318.6 318.6 318.5 318.5 318.9 306.7 306.7 306.7 306.7 306.7 302.8 302.8 302.8 302.8 302.6 238.3 238.3 238.3 238.3 238.3 238.3 238.3 238.3 238.3 237.8 238.0 239.7 238.8 75.7 76.0 75.8 56.7 49.8 0 0 0
Intangible Assets 46.4 48.9 52.1 54.4 51.6 55.0 58.0 61.8 64.9 73.6 82.6 91.2 96.4 109.3 122.1 127.9 140.2 152.5 163.9 175.0 191.5 207.3 232.1 159.4 173.6 188.0 202.2 216.3 230.6 244.9 261.8 281.0 298.0 315.0 332.4 353.5 99.7 104.3 109.9 60.7 49.3 0.9 0.5 0
Long-Term Investments 27.4 27.2 0.0 1.6 0.0 0.0 0.0 11.8 11.8 11.8 11.8 11.8 19.8 11.8 15.1 14.2 11.0 6.1 6.0 6.0 6.0 1.0 0.1 0.1 0.1 0.1 0.1 0.3 0.4 0.4 0.7 0.7 1.1 1.1 1.9 1.9 1.5 6.0 12.0 0 16.8 0 0 0
Other Non-Current Assets 11.0 11.2 13.1 16.3 21.8 21.4 21.8 18.9 22.6 21.0 21.0 19.8 8.2 15 12.8 14.2 11.4 3.6 1.5 2.2 2.6 2.2 1.3 1.3 1.8 2.8 3.1 2.5 3.6 4.7 4.9 4.7 7.3 6.9 6.3 6.8 1.7 1.8 1.9 2.0 2.2 0.2 0.1 2.4
Total Non-Current Assets 521.8 547.6 524.0 533.6 534.9 543.4 567.0 575.6 585.9 596.0 595.2 607.0 604.9 623.0 619.7 642.1 644.6 648.4 635.6 648.5 653.6 670.9 657.7 502.5 512.8 539.4 541.6 556.5 569.6 580.4 567.9 588.7 607.6 661.8 657.6 679.5 197.7 208.6 221.5 140.5 139.6 4.6 3.6 5.0
Total Assets 771.3 796.4 808.1 863.7 855.3 866.9 895.3 973.2 1,030.6 1,084.1 1,103.8 1,161.5 1,198.5 1,186.2 1,182.7 1,180.7 1,099.1 1,052.5 1,053.9 1,026.6 998.6 1,032.6 1,007.8 693.1 693.4 721.1 706.8 729.2 748.9 761.1 742.1 798.4 808.7 863.1 877.0 937.6 446.1 422.7 408.4 391.9 366.3 110.6 109.4 35.8
Current Liabilities
Account Payables 32.9 37.9 31.4 26.9 18.4 31.4 30.6 35.6 32.4 21.6 45.2 45.9 54.6 68.6 90.8 73.1 60.2 53.0 63.6 53.5 39.1 32.8 50.6 17.8 13.6 13.4 13.5 17.0 13.3 15.6 11.9 11.9 12.4 16.9 14.1 21.4 15.3 6.8 7.1 8.1 7.8 2.9 3.9 4.2
Short-Term Debt 9.4 9.1 9.6 10.0 9.9 9.4 9.8 9.6 9.2 9.1 8.7 8.9 10.1 10.5 10.4 11.2 8.6 8.9 9.1 12.6 9.5 8.1 14.0 4.8 4.8 4.8 7.9 8.3 8.0 0 0 0 0 0 0 2.0 0 0 0 0 0 0 0 0
Deferred Revenue 0.4 4.2 0.1 0.0 0.1 0.1 0.2 2.6 1.6 1.6 1.4 1.8 1.1 1.1 1.0 1.3 1.1 1.0 1.0 8.7 18.3 0 0.0 0.0 0.0 0 0.1 0.1 0 0 0 0 0 4.4 17.2 13.3 5.7 6.0 5.3 5.8 6.5 7.2 9.7 9.8
Other Current Liabilities 77.0 85.1 100.4 148.5 143.8 120.5 105.3 120.0 152.2 158.9 147.0 159.0 192.8 193.0 191.1 181.1 126.3 80.7 104.7 95.2 100.2 144.3 108.0 32.7 33.8 38.9 32.8 29.1 39.8 38.3 35.1 49.1 45.9 41.9 51.1 48.8 36.9 31.5 33.8 10.3 13.2 0 0 0
Total Current Liabilities 146.7 186.0 183.6 213.5 196.9 182.3 168.6 190.3 223.9 222.1 232.9 241.7 300.2 341.1 351.3 316.1 234.8 207.4 231.3 211.8 197.6 233.7 211.4 70.0 62.4 66.6 63.1 66.9 73.5 70.6 66.5 80.2 67.1 76.4 98.4 110.2 64.6 54.5 54.5 55.6 63.3 16.6 18.4 19.7
Non-Current Liabilities
Long-Term Debt 123.8 135.9 123.5 123.3 123.2 123.0 122.8 122.7 122.5 122.4 122.2 122.1 121.9 121.8 171.6 246.4 286.3 306.2 326.0 343.0 344.1 363.6 372.5 207.5 207.2 206.9 206.6 226.3 241.0 255.8 270.5 305.2 322.9 347.6 367.3 415.0 0 0 0 0 0 0 0 0
Deferred Tax Liabilities 0 0 0 0 0 2.2 0 0 0 3.8 0 0 0 6.1 0 0 0 2.1 0 0 0 10.2 0 0 0 15.4 0 0 0 22.2 0 0 0 38.2 0 0 0 0 0 0 0 (0.1) (0.1) (0.1)
Other Non-Current Liabilities 28.7 10.2 24.3 24.2 26.3 26.1 27.6 21.5 22.4 23.2 18.0 20.9 21.1 17.4 18.9 20.7 20.0 23.0 17.6 17.7 13.6 13.2 17.7 6.8 7.6 8.1 8.7 8.0 8.0 12.6 8.3 8.6 7.6 8.6 9.6 9.4 6.5 6.0 5.7 15.1 15.0 0.2 0.1 0
Total Non-Current Liabilities 170.4 158.5 159.9 161.9 165.2 168.3 169.8 165.7 168.8 175.7 168.2 173.7 164.2 168.7 215.5 295.0 336.5 355.9 365.1 381.2 380.2 407.9 399.6 221.1 222.8 239.7 230.3 250.9 267.2 290.6 283.3 318.3 335.2 399.2 382.0 429.5 15.5 15.7 15.2 15.1 15.0 0.2 0.2 0.2
Total Liabilities 317.1 344.5 343.4 375.4 362.1 350.6 338.4 355.9 392.6 397.8 401.1 415.4 464.4 509.8 566.8 611.1 571.3 563.3 596.4 593.0 577.8 641.5 611.0 291.1 285.3 306.2 293.4 317.8 340.7 361.1 349.8 398.4 402.3 475.6 480.4 539.7 80.1 70.2 69.7 70.7 78.2 16.9 18.7 19.9
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 0.0 0.0 0.0
Retained Earnings (545.5) (500.4) (485.5) (440.0) (413.4) (363.7) (305.9) (230.1) (190.8) (118.5) (80.0) (40.2) (35.8) (45.4) (76.5) (104.9) (136.8) (170.4) (198.6) (207.9) (208.6) (212.4) (187.7) (151.1) (129.3) (113.8) (105.7) (101.0) (98.7) (93.6) (93.9) (80.2) (65.7) (69.1) (49.7) (40.5) (51.5) (59.9) (68.3) (78.0) (102.1) (18.7) (20.4) (21.8)
Accumulated Other Comprehensive Income 0.1 1.0 0.2 0.3 (6.0) (6.8) (3.9) (6.5) (5.6) (3.8) (7.9) (2.3) (1.2) (1.0) (5.3) (2.9) 1.1 2.1 0.5 0.8 0.4 1.4 (0.5) (1.2) (1.6) (0.9) (1.2) (0.4) 0.3 0.3 1.2 1.6 2.6 1.0 (0.2) (0.6) (1.2) (1.6) (1.0) (1.0) (0.6) (0.1) (0.0) (2.3)
Total Stockholders' Equity 454.2 451.9 464.7 488.3 493.2 516.3 556.9 617.3 638.0 686.3 702.7 746.0 734.1 676.4 615.9 569.6 527.8 489.2 457.5 433.7 420.8 391.1 396.8 402.0 408.2 414.9 413.4 411.4 408.2 399.9 392.4 399.9 406.4 387.4 396.6 397.9 366.0 352.4 338.7 321.2 288.0 93.7 90.8 15.9
Total Liabilities & Equity 771.3 796.4 808.1 863.7 855.3 866.9 895.3 973.2 1,030.6 1,084.1 1,103.8 1,161.5 1,198.5 1,186.2 1,182.7 1,180.7 1,099.1 1,052.5 1,053.9 1,026.6 998.6 1,032.6 1,007.8 693.1 693.4 721.1 706.8 729.2 748.9 761.1 742.1 798.4 808.7 863.1 877.0 937.6 446.1 422.7 408.4 391.9 366.3 110.6 109.4 35.8
Debt Metrics
Total Debt 151.2 157.3 145.2 147.7 148.8 149.4 152.1 153.8 155.6 157.8 159.0 161.7 153.2 155.6 207.1 285.5 325.1 339.7 356.5 376.1 376.0 392.6 395.9 219.1 220.0 221.1 229.5 251.2 267.2 255.8 270.5 305.2 322.9 347.6 367.3 417.0 0 0 0 1.2 1.3 0.2 0.2 0.2
Net Debt 88.7 83.1 31.9 39.0 44.8 29.8 2.6 (32.3) (37.3) (30.6) (29.1) (63.9) (55.6) (32.7) 24.6 74.0 173.9 209.0 187.0 245.7 227.8 243.6 299.2 111.7 121.6 128.0 163.0 184.2 195.8 182.0 202.9 230.8 266.6 274.3 295.1 328.8 (89.7) (82.9) (56.1) (146.3) (75.5) (17.6) (68.7) (17.7)
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 (45.1) (14.9) (45.5) (26.6) (49.7) (57.8) (75.8) (39.3) (72.3) (38.5) (39.8) (4.4) 9.5 31.1 28.4 32.0 33.6 28.2 9.3 0.7 3.8 (24.7) (36.6) (21.8) (15.5) (8.1) (4.7) (2.2) (4.9) 0.3 (13.9) (14.4) 1.8 (19.4) (9.2) 11.0 8.5 8.3 9.7 24.1 19.1
Depreciation & Amortization 10.9 10.8 9.0 11.2 9.2 9.8 10.1 11.6 14.6 14.5 14.8 16.5 16.8 16.4 16.1 17.6 21.8 22.4 21.3 20.2 20.5 21.3 19.6 15.7 15.9 15.9 16.4 16.6 16.9 19.1 19.8 20.0 20.1 20.2 21.4 18.3 6.9 8.0 8.8 4.2 5.8
Stock-Based Compensation 20.0 19.6 0 13.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8.4 8.2 7.7 8.0 0 0 0 7.8 0 0 5.5 5.3 6.3 5.1 5.1
Change in Working Capital (21.2) (3.3) 15.6 16.2 1.7 (21.1) 10.4 9.5 54.3 (0.9) 1.0 (1.6) (13.9) (5.4) (26.1) 60.5 57.1 (46.9) 28.9 (6.9) 0.6 54.9 (35.6) 5.4 4.2 15.1 2.9 (3.9) 2.8 5.9 14.4 24.3 (16.1) (12.2) 2.8 1.1 2.8 5.2 (9.8) 4.1 8.3
Other Non-Cash Items 1.4 0.7 30.8 2.3 28.1 27.4 32.8 17.5 22.1 0.9 13.6 19.2 21.6 27.2 27.4 12.9 14.8 17.0 17.8 19.8 14.8 36.0 32.2 12.8 8.2 8.4 0.1 (1.7) 0.0 (0.3) 10.1 7.2 8.4 8.7 18.0 15.9 (1.1) 0.9 3.3 (5.0) 0.4
Operating Cash Flow (8.9) 10.4 10.1 10.5 (11.4) (27.8) (30.7) (2.7) 16.0 (34.9) (12.8) 30.6 42.2 69.4 61.8 123.4 134.2 16.0 84.1 27.9 40.3 74.3 (16.6) 9.3 6.6 28.1 21.8 12.4 16.0 24.2 30.7 35.8 12.0 21.7 37.7 (7.1) 22.7 27.6 18.4 32.3 39.0
Investing Activities
Capital Expenditure (1.4) (3.7) (5.7) (1.2) (2.0) (2.2) (4.1) (3.0) (8.3) (1.3) (1.9) (5.0) (5.2) (16.6) (9.1) (10.7) (4.8) (12.2) (9.6) (11.2) (6.2) (2.4) (5.2) (3.9) (1.0) (3.0) (1.2) (0.5) (2.2) (1.4) (1.6) (2.4) (2.4) (3.1) (2.5) (1.2) (0.7) (1.7) (2.1) (1.9) (3.2)
Acquisitions 0 0 0 0 0 0 0 0 0 (0.9) 0 (2.7) (9.7) 0 0 0 0 (5) (7.5) (27.5) 0 0 (160) 0 0 0 0 0 0 0 0 0 0 0 0 (473.3) 0 0 (80) 0.4 0
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (1) (5) (23.3) 0 0 0 (5) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (30.6) (10.0) (33.0) (9.5) (37.8)
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 17.2 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 63.8 20.8 10.2 7.7 70.7 10.3
Other Investing Activities (2.9) 0.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (10) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0 0 0 0 0 (21.4) (27.5)
Investing Cash Flow (4.2) (3.7) (6.7) (7.4) (2.0) (3.0) (6.0) (5.8) (8.7) 14.8 (2.6) (12.7) (15.5) (17.4) (15.4) (16.3) (42.8) (18.2) (22.6) (38.7) (12.3) (4.8) (165.6) (3.9) (1.0) (3.0) (1.3) (0.5) (2.2) (1.4) (1.6) (2.4) (2.4) (3.0) (2.6) (415.9) (10.7) (1.5) (107.4) 38.3 (30.7)
Financing Activities
Net Debt Issuance 0 0 0 0 0 0 0 0 0 18.3 (18.3) 0 0 (50) (75) (40) (20) (20.0) (20.0) (3.9) (20) (17.2) 172.3 0 0 0 (20) (15) (15) (15) (35) (18) (25) (20) 0 416.8 0 0 0 0 0
Stock Repurchased 0 (20) 0 0.0 (0.0) 0 (0.1) 0 (2.1) 0 0 0 0 0 0 (5.2) (26.3) (15.4) (1.0) (4.5) (2.7) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.3) 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 (3.7) (0.0) (0.0) (0.1) (2.1) (1.1) 0 0.4 0 (0.2) (3.2) (3.0) (6.2) (0.4) (0.4) (3.7) (24.4) (2.1) (1.0) (2.7) (7.4) (0.6) (1.4) (1.0) (0.5) (0.8) (1.3) (5.4) (4.4) (2.6) (1.2) (1.4) (2.4) (1.7) (51.4) (3.5) (4.9) (1.1) (2.6) (2.5) (1.1)
Financing Cash Flow 2.3 (18.6) 0.0 2.1 (2.1) 1.4 (0.1) 2.0 (2.1) 19.5 (21.5) 0.1 (6.2) (48.6) (75.3) (45.9) (70.7) (35.0) (21.8) (6.3) (28.8) (15.0) 171.5 3.1 0.0 1.6 (21.1) (17.1) (16.8) (14.9) (36.1) (16.4) (26.4) (18.8) (50.4) 421.0 (4.9) 1.1 (2.4) 0.1 0.6
Cash Position
Net Change in Cash (11.5) (11.9) 4.6 4.6 (15.5) (29.9) (36.6) (6.8) 4.6 0.2 (37.5) 16.8 20.5 5.9 (29.1) 60.3 20.5 (38.9) 39.1 (17.8) (0.8) 52.3 (10.7) 9.0 5.3 26.6 (0.5) (4.5) (2.3) 6.3 (6.9) 18.1 (17.1) 73.3 72.2 88.2 0 0 0 70.7 8.9
Cash at Beginning 101.4 113.3 108.6 104.0 119.6 149.5 186.1 192.9 188.3 188.1 225.6 208.8 188.3 182.5 211.5 151.2 130.7 169.5 130.4 148.2 149.0 96.7 107.4 98.4 93.1 66.5 67.0 71.4 73.8 67.5 74.4 56.3 73.3 0 0 0 82.9 0 0 76.8 68.0
Cash at End 89.9 101.4 113.2 108.6 104.0 119.6 149.5 186.1 192.9 188.3 188.1 225.6 208.8 188.3 182.5 211.5 151.2 130.7 169.5 130.4 148.2 149.0 96.7 107.4 98.4 93.1 66.5 67.0 71.4 73.8 67.5 74.4 56.3 73.3 72.2 88.2 89.7 82.9 56.1 147.6 76.8
Free Cash Flow (10.3) 6.7 4.4 9.3 (13.4) (30.0) (34.9) (5.7) 7.6 (36.2) (14.7) 25.5 36.9 52.7 52.6 112.7 129.4 3.8 74.5 16.7 34.1 71.9 (21.8) 5.4 5.6 25.1 20.5 11.9 13.9 22.8 29.1 33.4 9.6 18.7 35.2 (8.2) 21.9 25.9 16.3 30.5 35.7
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 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4
Income Statement
Revenue 137.2 136.4 126.5 108.8 95.9 92.2 81.1 92.0 95.3 125.4 135.5 183.9 248.4 290.6 285.7 280.0 263.9 247.9 229.8 205.4 209.4 194.7 156.6 65.2 62.0 70.0 80.0 82.5 84.6 87.6 85.0 101.5 110.8 113.7 113.6 104.2 88.8 87.1 96.3 101.7 102.7 98.9 95.2 70.8 35.4 32.5 32.5 35.6 32.5 31.6 31.8 29.8 26.5 24.8 27.8 24.4 20.7 19.3 17.6 18.1 16.9 15.9 18.5 18.2 16.1 15.2 16.2 11.2 8.8 7.8
Gross Profit 78.9 78.6 71.6 60.9 53.2 50.7 43.5 49.6 48.7 67.9 73.3 102.2 139.4 162.0 165.9 161.4 148.4 135.8 124.0 106.7 105.6 76.9 60.1 27.2 25.0 30.9 36.2 38.3 39.2 37.9 35.8 48.3 54.6 43.2 41.8 42.7 52.9 50.4 55.5 62.9 61.2 55.8 51.0 26.9 21.7 19.8 19.9 22.2 20.1 19.1 19.8 17.3 16.7 15.7 17.5 15.1 12.4 11.7 11.3 11.4 10.8 10.4 13.0 12.7 11.0 10.7 10.6 7.3 5.7 5
Operating Income (16.7) (14.9) (30.0) (19.0) (38.2) (38.1) (38.7) (40.0) (52.0) (31.1) (17.8) (1.5) 34.4 45.1 52.6 39.5 48.1 29.3 24.1 4.0 14.5 (22.2) (23.8) (20.6) (16.3) (7.8) (3.2) (2.6) (5.9) (9.0) (10.1) 1.6 4.4 (4.9) (5.5) (9.2) 10.4 13.4 12.6 22.4 21.7 (8.7) 1.7 (32.1) (4.6) (4.5) (3.2) (0.3) (0.8) (2.7) (4.7) (2.8) (2.2) (4.4) 0.4 (2.5) (6.5) (4.3) (3.2) (5.7) (1.9) (1.1) 1.6 1.6 1.4 1.9 2.4 0.2 0.1 (0.8)
Net Income (45.1) (14.9) (45.5) (26.6) (49.7) (57.8) (75.8) (39.3) (72.3) (38.5) (39.8) (4.4) 9.5 31.1 28.4 32.0 33.6 28.2 9.3 0.7 3.8 (24.7) (36.6) (21.8) (15.5) (8.1) (4.7) (2.2) (4.9) 0.3 (13.9) (14.4) 1.8 (19.4) (9.2) 11.0 8.5 8.3 9.7 22.6 19.1 (8.5) 1.6 (30.6) (4.7) (2.4) (3.2) (0.6) (0.9) (2.6) (4.9) (2.9) (2.3) (4.6) 0.5 (2.6) (6.6) (4.7) (11.4) (4.8) (1.1) 5.7 1.4 1.8 1.3 1.9 2.2 0.2 0.1 (0.8)
EPS (Diluted) -0.52 -0.17 -0.52 -0.31 -0.58 -0.68 -0.90 -0.47 -0.88 -0.47 -0.49 -0.05 0.12 0.38 0.35 0.40 0.42 0.35 0.12 0.01 0.05 -0.33 -0.50 -0.30 -0.21 -0.11 -0.07 -0.03 -0.07 0.00 -0.20 -0.21 0.03 -0.29 -0.14 0.16 0.12 0.12 0.14 0.33 0.31 -0.14 0.03 -0.58 -0.12 -0.06 -0.09 -0.02 -0.02 -0.08 -0.14 -0.09 -0.07 -0.14 0.01 -0.08 -0.20 -0.14 -0.35 -0.15 -0.04 0.18 0.04 0.05 0.01 0.19 0.18 0.01 0.01 -0.08
Balance Sheet
Cash & Equivalents 62.5 74.2 113.2 108.6 104.0 119.6 149.5 186.1 192.9 188.3 188.1 225.6 208.8 188.3 182.5 211.5 151.2 130.7 169.5 130.4 148.2 149.0 96.7 107.4 98.4 93.1 66.5 67.0 71.4 73.8 67.5 74.4 56.3 73.3 72.2 88.2 89.7 82.9 56.1 147.6 76.8 17.8 68.9 17.9
Total Assets 771.3 796.4 808.1 863.7 855.3 866.9 895.3 973.2 1,030.6 1,084.1 1,103.8 1,161.5 1,198.5 1,186.2 1,182.7 1,180.7 1,099.1 1,052.5 1,053.9 1,026.6 998.6 1,032.6 1,007.8 693.1 693.4 721.1 706.8 729.2 748.9 761.1 742.1 798.4 808.7 863.1 877.0 937.6 446.1 422.7 408.4 391.9 366.3 110.6 109.4 35.8
Total Debt 151.2 157.3 145.2 147.7 148.8 149.4 152.1 153.8 155.6 157.8 159.0 161.7 153.2 155.6 207.1 285.5 325.1 339.7 356.5 376.1 376.0 392.6 395.9 219.1 220.0 221.1 229.5 251.2 267.2 255.8 270.5 305.2 322.9 347.6 367.3 417.0 0 0 0 1.2 1.3 0.2 0.2 0.2
Stockholders' Equity 454.2 451.9 464.7 488.3 493.2 516.3 556.9 617.3 638.0 686.3 702.7 746.0 734.1 676.4 615.9 569.6 527.8 489.2 457.5 433.7 420.8 391.1 396.8 402.0 408.2 414.9 413.4 411.4 408.2 399.9 392.4 399.9 406.4 387.4 396.6 397.9 366.0 352.4 338.7 321.2 288.0 93.7 90.8 15.9
Cash Flow
Operating Cash Flow (8.9) 10.4 10.1 10.5 (11.4) (27.8) (30.7) (2.7) 16.0 (34.9) (12.8) 30.6 42.2 69.4 61.8 123.4 134.2 16.0 84.1 27.9 40.3 74.3 (16.6) 9.3 6.6 28.1 21.8 12.4 16.0 24.2 30.7 35.8 12.0 21.7 37.7 (7.1) 22.7 27.6 18.4 32.3 39.0
Capital Expenditure (1.4) (3.7) (5.7) (1.2) (2.0) (2.2) (4.1) (3.0) (8.3) (1.3) (1.9) (5.0) (5.2) (16.6) (9.1) (10.7) (4.8) (12.2) (9.6) (11.2) (6.2) (2.4) (5.2) (3.9) (1.0) (3.0) (1.2) (0.5) (2.2) (1.4) (1.6) (2.4) (2.4) (3.1) (2.5) (1.2) (0.7) (1.7) (2.1) (1.9) (3.2)
Free Cash Flow (10.3) 6.7 4.4 9.3 (13.4) (30.0) (34.9) (5.7) 7.6 (36.2) (14.7) 25.5 36.9 52.7 52.6 112.7 129.4 3.8 74.5 16.7 34.1 71.9 (21.8) 5.4 5.6 25.1 20.5 11.9 13.9 22.8 29.1 33.4 9.6 18.7 35.2 (8.2) 21.9 25.9 16.3 30.5 35.7