Omeros Corporation logo OMER - Omeros Corporation

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
1
BUY 10
HOLD 6
SELL 2
STRONG
SELL
0
| PRICE TARGET: $40.00 DETAILS
HIGH: $40.00
LOW: $40.00
MEDIAN: $40.00
CONSENSUS: $40.00
UPSIDE: 249.04%
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 2008 Q3
Revenue
Revenue 9.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (79.9) 0 0 0 10.6 26.1 13.5 23.5 33.4 29.9 26.8 21.8 22.0 4.6 1.7 1.6 13.8 21.7 17.2 12.3 12.9 11.3 10.0 7.4 6.7 3.3 3.2 0.4 0.2 0.2 0.0 0.1 0.2 0.2 0.1 1.1 1.6 1.4 1.5 1.5 1.1 1.0 1.2 1.2 1.0 0.3 0.5 0.4 0.4 0.4 0.4 0.2 0.2 0.5
Cost of Revenue 0.8 0 0 10.3 0 0.3 0 0 0.2 0.2 0 0 0 0 0 0 0 (0.9) 0.3 0.4 0.4 0.1 0.4 0.1 0.3 0.4 0.3 0.1 0.1 0.2 0.0 0.1 0.2 0.5 0.2 0.2 0.3 0.4 0.4 0.3 0.3 0.4 0.2 0.4 0.0 5.2 6.7 12.4 12.0 5.1 4.6 5.5 3.1 0.0 0.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Gross Profit 9.1 0 0 (10.3) 0 (0.3) 0 0 (0.2) (0.2) 0 0 0 0 0 0 0 (79.0) (0.3) (0.4) (0.4) 10.5 25.7 13.4 23.3 33.0 29.6 26.7 21.6 21.9 4.6 1.5 1.4 13.3 21.5 17.0 12.0 12.5 10.9 9.7 7.1 6.3 3.0 2.8 0.4 (5.0) (6.4) (12.4) (11.9) (4.9) (4.4) (5.4) (2.0) 1.6 1.4 1.5 1.5 1.1 1.0 1.2 1.2 1.0 0.3 0.5 0.4 0.4 0.4 0.4 0.2 0.2 0.5
Operating Expenses
R&D Expenses 13.1 19.4 16.0 22.0 23.8 23.0 24.1 45.3 26.6 28.7 31.7 29.6 24.6 26.5 38.6 23.5 24.1 27.4 25.8 30.1 32.5 26.5 31.3 24.1 28.9 40.6 23.7 19.1 26.3 25.4 26.9 19.4 18.1 15.4 14.8 13.1 12.2 12.5 12.5 10.2 15.4 14.9 13.3 10.9 9.3 11.8 11.8 12.4 12.0 10.2 9.4 9.6 7.1 9.4 7.8 7.6 7.2 8.9 5.3 4.1 5.4 6.9 5.3 6.1 5.1 4.6 3.7 4.6 4.0 5.1 4.7
SG&A Expenses 13.4 9.6 10.4 0 11.1 12.3 11.3 13.8 12.3 10.9 16.4 11.3 11.1 13.6 12.2 13.9 11.0 (5.6) 13.7 15.1 12.4 17.9 19.8 16.9 18.0 16.1 16.9 16.9 14.6 14.9 13.2 12.7 10.9 12.0 11.7 15.8 12.5 11.8 10.5 10.4 11.1 9.4 9.0 7.9 9.0 8.4 5.6 4.9 3.8 3.9 4.2 3.7 4.0 3.7 2.7 2.2 2.3 2.1 1.8 2.0 2.3 2.6 2.4 2.0 1.7 1.1 1.3 1.5 1.4 1.5 3.4
Other Expenses 0 0 0 0.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.4 0 0 0.2 0 0 0 0 0 0 0 0 0.2 0.2 0 0 0 0 0 0.2 (0.3) 0.2 (0.3) 0.2 0.2 0.2 0.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Operating Expenses 26.5 29.1 26.4 22.1 35.0 35.4 35.4 59.2 38.8 39.6 48.2 40.9 35.7 40.1 50.8 37.4 35.0 21.8 39.5 45.2 44.9 44.4 51.1 41.1 46.9 56.7 40.7 36.0 40.9 40.3 40.0 32.2 29.1 27.4 26.6 28.9 24.7 24.4 22.9 20.6 26.5 24.3 22.3 18.8 18.3 20.2 17.3 17.3 15.8 14.1 13.6 13.3 11.1 13.1 10.5 9.8 9.6 11.0 7.2 6.1 7.7 9.5 7.7 8.1 6.8 5.7 5.0 6.1 5.4 6.6 8.2
Operating Income
Operating Income (17.4) (29.1) (26.4) (32.4) (35.0) (35.7) (35.4) (59.2) (39.0) (39.8) (48.2) (40.9) (35.7) (40.1) (50.8) (37.4) (35.0) (100.7) (39.8) (45.6) (45.3) (33.8) (25.4) (27.7) (23.7) (23.7) (11.1) (9.3) (19.2) (18.5) (35.4) (30.6) (27.7) (14.1) (5.1) (11.9) (12.7) (11.9) (12.0) (10.9) (19.5) (18.0) (19.3) (16.0) (17.9) (20.0) (17.1) (17.2) (15.7) (13.9) (13.4) (13.2) (10.0) (7.5) (13.0) (8.2) (8.1) (9.8) (6.2) (4.9) (6.5) (8.6) (7.5) (7.6) (6.4) (5.3) (4.5) (5.7) (5.2) (6.4) (7.7)
Interest Expense 5.9 0 0 0.0 3.7 3.2 4.1 9.2 8.2 3.6 7.9 7.9 7.9 7.9 4.9 4.9 4.9 4.9 4.9 4.9 4.9 8.0 6.9 6.0 5.9 5.8 5.7 5.5 5.6 5.1 4.6 3.7 2.8 2.9 2.8 2.7 2.7 2.5 2.1 1.9 1.4 0.8 0.9 0.9 1.0 0.9 0.9 0.9 0.7 0.6 0.6 0.6 0.6 0.4 0.4 0.5 0.5 0.5 0.5 0.5 0.3 0.3 0.4 0.4 0.5 0.5 0.5 0.6 0.6 0.2 0.1
Interest Income 0 0 14.0 1.2 0 2.3 2.3 3.2 3.4 0 4.4 4.5 4.0 2.0 0.9 0.7 0.5 0 0.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA (17.2) (28.8) (26.2) (32.2) (33.6) (33.1) (32.8) (55.7) (35.4) (32.0) (43.5) (36.0) (31.6) (38.0) (49.5) (36.6) (34.3) (99.9) (39.1) (44.9) (44.5) (33.0) (39.0) (26.9) (22.7) (22.9) (10.3) (8.5) (18.4) (31.0) (34.6) (29.8) (27.0) (13.5) (4.6) (11.5) (12.3) (17.1) (11.7) (10.9) (19.4) (19.0) (19.2) (15.7) (17.9) (19.8) (17.1) (17.1) (15.7) (1.2) (13.4) (13.2) (10.0) (0.0) (13.0) (8.0) (8.1) (9.9) (6.1) (4.9) (6.3) (8.5) (7.3) (7.5) (6.3) (5.2) (4.4) (5.6) (5.1) (5.3) (7.6)
EBIT (17.4) (29.1) (26.4) (32.4) (33.9) (33.4) (33.1) (55.9) (35.6) (32.2) (43.7) (36.4) (31.8) (38.1) (49.9) (36.8) (34.6) (100.2) (39.4) (45.3) (44.9) (33.4) (39.4) (27.3) (23.1) (23.4) (10.7) (8.9) (18.7) (31.3) (34.9) (30.0) (27.2) (13.7) (4.7) (11.6) (12.4) (17.2) (11.8) (10.8) (19.2) (19.0) (19.1) (15.7) (17.7) (19.8) (17.4) (17.1) (16.0) (1.2) (13.3) (13.0) (9.9) (11.3) (12.9) (8.1) (8.4) (9.8) (6.2) (4.9) (6.5) (8.6) (7.5) (7.6) (6.4) (5.3) (4.5) (5.7) (5.2) (5.4) (7.7)
Income Before Tax 51.3 81.9 (21.2) (25.9) (37.6) (36.5) (37.1) (65.1) (43.9) (39.3) (51.7) (44.3) (39.7) (46.0) (54.8) (41.7) (39.5) (105.2) (44.3) (50.2) (49.8) (41.4) (46.3) (33.3) (29.0) (29.2) (16.5) (14.5) (24.3) (36.5) (39.5) (33.7) (30.1) (16.6) (7.5) (14.4) (15.1) (19.6) (14.0) (12.6) (20.5) (19.8) (19.9) (16.7) (18.7) (20.7) (18.3) (18.0) (16.6) (1.8) (13.9) (13.6) (10.5) (7.7) (13.3) (8.5) (8.9) (28.5) (6.5) (5.3) (6.5) (29.3) (7.6) (7.8) (6.7) (21.1) (3.9) (5.5) (4.9) (6.1) (7.3)
Income Tax Expense 0.1 2.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (4.2) (7.9) 0 0 0 0 0 0 (12.9) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (30.7) 0 0 0 (18.3) 0 0 0 (22.0) 0.1 0 0 (15.5) 0 0.4 0.2 1.4 (0.3)
Net Income 56.1 86.5 (30.9) (25.4) (33.5) (31.4) (32.2) (56.0) (37.2) (9.1) (37.8) (37.3) (33.7) 128.7 (17.5) (30.8) (33.0) 280.6 (22.7) (28.6) (35.1) (37.3) (38.5) (33.3) (29.0) (29.2) (16.5) (14.5) (24.3) (23.5) (39.5) (33.7) (30.1) (16.6) (7.5) (14.4) (15.1) (19.6) (14.0) (12.6) (20.5) (19.8) (19.9) (16.7) (18.7) (20.7) (18.3) (18.0) (16.6) (1.8) (13.9) (13.6) (10.5) (7.7) (13.3) (8.5) (8.9) (10.2) (6.5) (5.3) (6.5) (7.2) (7.6) (7.8) (6.7) (5.6) (3.9) (6.1) (5.5) (6.4) (7.4)
Per Share Data
EPS (Basic) 0.78 1.42 -0.47 -0.43 -0.58 -0.54 -0.56 -0.97 -0.63 -0.15 -0.60 -0.59 -0.54 2.05 0.53 0.11 -0.60 4.48 -0.36 -0.46 -0.57 -0.60 -0.66 -0.61 -0.53 -0.58 -0.33 -0.29 -0.50 -0.48 -0.81 -0.70 -0.62 -0.34 -0.16 -0.33 -0.34 -0.45 -0.34 -0.32 -0.54 -0.52 -0.53 -0.44 -0.51 -0.61 -0.54 -0.53 -0.54 -0.06 -0.46 -0.48 -0.40 -0.30 -0.51 -0.38 -0.40 -0.46 -0.29 -0.24 -0.30 -0.34 -0.35 -0.36 -0.31 -0.26 -0.36 -0.57 -0.51 -0.59 -0.69
EPS (Diluted) 0.78 1.42 -0.47 -0.43 -0.58 -0.54 -0.56 -0.97 -0.63 -0.15 -0.60 -0.59 -0.54 2.05 0.53 0.11 -0.60 4.48 -0.36 -0.46 -0.57 -0.60 -0.66 -0.61 -0.53 -0.58 -0.33 -0.29 -0.50 -0.48 -0.81 -0.70 -0.62 -0.34 -0.16 -0.33 -0.34 -0.45 -0.34 -0.32 -0.54 -0.52 -0.53 -0.44 -0.51 -0.61 -0.54 -0.53 -0.54 -0.06 -0.46 -0.48 -0.40 -0.30 -0.51 -0.38 -0.40 -0.45 -0.29 -0.24 -0.30 -0.33 -0.35 -0.36 -0.31 -0.26 -0.36 -0.57 -0.51 -0.59 -0.69
Shares Outstanding 71.9 63.5 66.3 58.6 58.1 58.2 57.9 57.9 58.8 62.4 62.9 62.8 62.8 62.8 62.7 62.7 62.7 62.6 62.5 62.4 61.9 61.7 58.2 54.5 54.3 50.6 49.4 49.1 49.0 49.0 48.6 48.4 48.3 48.0 46.3 44.0 43.8 43.2 41.1 39.2 38.3 38.0 37.9 37.8 36.5 34.1 34.0 33.9 30.9 30.3 29.8 28.2 25.9 25.9 25.8 22.5 22.4 22.4 22.2 22.2 22.1 21.5 21.5 21.4 21.3 21.3 10.7 10.7 10.7 10.7 10.7
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 2010 Q2 2010 Q1 2009 Q4 2009 Q2
Current Assets
Cash & Cash Equivalents 1.9 9.7 2.4 1.9 4.3 3.4 1.5 2.1 1.8 7.1 30.6 6.6 3.8 11.0 145.5 14.1 9.0 100.8 7.4 12.7 9.0 10.5 21.1 2.0 7.1 3.1 8.9 4.0 4.1 5.9 2.8 2.9 1.2 3.4 1.0 3.4 1.3 2.2 10.3 4.6 1.0 2.9 0.8 0.8 1.3
Short-Term Investments 133.4 162.1 33.7 26.8 48.1 86.7 121.6 156.8 228.5 164.7 279.7 334.7 367.5 183.9 75.4 108.4 133.3 56.5 43.0 61.0 91.5 124.5 132.4 14.1 46.9 57.7 18.5 27.9 43.2 54.6 52.4 85.5 71.6 80.4 85.8 26.3 32.4 43.1 37.1 16.6 12.3 39.0 50.3 59.5 9.1
Net Receivables 37.5 36.3 32.0 34.5 5.6 36.8 35.6 37.7 37.2 6.7 36.1 11.1 39.0 242.0 61.6 58.3 60.4 82.5 33.9 31.4 24.8 3.8 37.4 15.7 24.1 35.2 29.9 28.5 24.7 22.8 2.3 1.5 0.2 17.1 24.6 19.1 13.5 12.0 10.5 8.8 6.6 0.9 0.6 0.2 0.6
Inventory 0.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.7 1.0 1.2 1.4 1.5 1.9 1.2 1.1 1.2 1.2 0.7 52.5 0.2 0.2 0.2 0.4 0.8 0.9 1.0 1.1 1.4 1.8 2.0 0 0 0 0
Other Current Assets 7.3 7.6 3.8 6.4 30.7 7.2 6.1 6.3 13.5 30.7 4.9 29.2 6.7 6.3 0 0 0 0.1 6.4 0.4 0 0.7 0 0.1 6.3 6.6 5.4 4.4 4.2 6.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Current Assets 180.4 215.7 71.8 69.6 96.2 134.1 164.9 202.9 281.0 217.9 351.3 388.6 417.0 443.2 288.5 192.7 210.2 248.0 91.3 112.4 132.5 151.3 196.0 38.9 85.6 103.7 63.8 65.9 76.9 89.9 66.0 96.5 78.7 108.4 117.9 53.1 51.4 60.3 60.6 34.1 24.3 43.0 51.8 60.7 11.1
Non-Current Assets
Property, Plant & Equipment 11.0 12.5 13.8 15.1 16.4 17.6 17.9 18.9 19.6 20.6 21.2 22.0 22.4 23.3 24.3 25.1 24.4 30.0 30.9 31.7 27.2 28.1 29.1 29.7 30.4 30.9 25.1 21.5 22.0 3.8 2.5 2.4 2.1 2.1 1.8 1.4 1.2 1.2 1.2 1.3 0.9 1.5 1.4 1.1 0.8
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 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0
Long-Term Investments 94.8 0 0 0 0 0 0 0 137.0 0 0 0 120.7 0 0 127.9 0 0 1.1 0 0 0 0 0 1.2 1.2 0 0 0 1.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 0 97.5 100.1 115.8 122.6 125.3 130.5 134.5 0 139.8 120.6 116.9 0 124.5 144.7 0 134.7 141.3 0.2 1.3 1.8 1.7 2.0 2.0 1.0 1.2 2.4 2.3 2.4 1.1 7.1 7.4 8.3 5.8 5.8 5.8 5.8 5.8 10.9 10.8 10.8 0.3 0.3 0.3 0.8
Total Non-Current Assets 105.8 110.0 113.9 130.9 139.0 143.0 148.4 153.4 156.5 160.4 141.7 138.9 143.1 147.7 169.0 152.9 159.0 171.3 32.1 33.0 29.0 29.8 31.1 31.8 32.6 33.2 27.5 23.8 24.4 6.1 9.6 9.8 10.4 8.0 7.6 7.3 7.0 7.0 12.1 12.0 11.7 1.8 1.7 1.4 1.6
Total Assets 286.2 325.6 185.7 200.6 235.2 277.1 313.3 356.3 437.5 378.3 493.1 527.4 560.1 591.0 457.6 345.6 369.3 419.3 123.4 145.4 161.4 181.0 227.1 70.7 118.2 137.0 91.3 89.8 101.2 95.9 75.6 106.3 89.0 116.3 125.5 60.4 58.4 67.3 72.8 46.1 36.0 44.8 53.5 62.1 12.7
Current Liabilities
Account Payables 5.4 4.8 12.5 8.8 4.4 5.9 7.7 6.5 6.2 7.7 5.9 9.6 6.4 6.0 17.1 10.9 7.3 13.4 10.0 9.5 11.5 4.2 7.0 8.5 13.0 5.3 9.7 6.3 7.1 6.3 8.8 11.8 10.2 6.7 3.7 2.6 2.4 2.5 4.0 5.4 5.3 1.1 1.1 2.6 1.5
Short-Term Debt 26.3 17.1 17.0 17.0 48.0 21 0 19.4 19.1 8.6 94.9 99.5 97.5 94.4 0 0 0 0 5.1 0 0 0 0 0 3.6 3.5 3.1 2.6 2.6 0.9 0.6 0.6 0.5 0.5 0.4 0.2 0.2 0.2 0.2 0.2 0.1 5.3 5.1 4.9 15.1
Deferred Revenue 2.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (3.1) (2.6) (2.6) (0.9) (0.6) (0.6) (0.5) (0.5) (0.4) (0.2) (0.2) (0.2) 0 0 0 0.5 0.6 0.7 1.3
Other Current Liabilities 14.1 48.8 31.4 38.6 0 29.5 25.8 22.4 19.6 0 19.2 1.2 4.9 7.8 3.7 0 2.5 3.7 23.7 0 3.7 3.9 6.4 0 38.0 43.1 27.6 23.8 30.0 26.6 11.6 9.0 9.7 16.5 18.3 16.5 10.4 8.6 3.4 2.7 0 0 0 0 1.8
Total Current Liabilities 59.4 78.1 80.8 85.5 83.2 79.5 55.6 59.5 59.1 53.3 147.2 143.5 139.2 136.4 39.5 38.5 35.1 51.8 42.8 47.7 43.4 36.7 47.7 38.0 57.9 55.5 46.8 40.7 44.5 37.4 24.6 24.4 24.6 26.3 24.7 24.8 17.0 16.1 16.1 16.1 17.5 10.1 10.1 11.1 23.2
Non-Current Liabilities
Long-Term Debt 278.8 208.5 159.6 150.8 349.1 166.6 189.5 403.7 430.9 329.7 221.8 342.5 344.3 220.9 314.8 314.4 313.9 313.5 313.0 312.6 312.2 236.3 232.8 163.4 160.7 158.2 155.8 153.4 151.2 149.0 130.7 128.9 84.4 83.3 82.2 81.2 80.2 79.5 70.3 69.8 50.0 4.9 6.4 7.8 0.1
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 4.2 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 5.7 153.0 157.0 182.6 4.5 200.1 208.2 2.1 2.1 2.1 118.8 0.5 0.5 125.6 126.0 1.0 0.9 1.1 0 0 0 0 0 0 0 0 0 1.7 0 8.2 8.3 8.5 8.6 8.7 8.8 8.9 9.0 8.8 9.2 9.2 9.2 0 0 0 91.0
Total Non-Current Liabilities 290.1 368.8 325.4 343.8 365.5 380.2 411.9 421.4 449.8 349.9 359.8 363.4 366.0 368.9 464.4 339.8 339.1 343.7 343.3 344.0 340.0 265.1 266.7 193.9 192.1 190.5 184.4 179.4 177.8 (41.6) 140.0 138.2 93.6 92.8 91.6 90.5 89.5 88.7 79.5 79.0 59.2 4.9 6.4 7.8 91.1
Total Liabilities 349.5 446.9 406.2 429.3 448.7 459.7 467.5 480.9 508.8 403.3 507.0 506.9 505.2 505.3 503.9 378.3 374.2 395.5 386.1 391.7 383.4 301.8 314.4 232.0 250.1 246.0 231.2 220.0 222.3 (4.2) 164.6 162.6 118.2 119.1 116.3 115.2 106.5 104.7 95.5 95.1 76.7 15.0 16.5 18.9 114.3
Stockholders' Equity
Common Stock 0.7 0.7 0.7 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.4 0.4 0.4 0.4 0.4 0.4 0.2 0.2 0.2 0
Retained Earnings (857.6) (913.7) (1,000.1) (969.2) (943.8) (910.3) (879.0) (846.8) (790.7) (753.5) (744.5) (706.7) (669.4) (635.7) (764.5) (747.0) (716.1) (683.1) (963.8) (941.1) (912.5) (872.7) (835.4) (796.9) (763.6) (734.6) (705.4) (688.9) (674.5) 650.1 (626.6) (587.1) (553.4) (523.4) (506.8) (499.3) (485.0) (469.9) (450.3) (436.3) (423.7) (132.8) (125.0) (118.3) (108.8)
Accumulated Other Comprehensive Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (4.2) 0 0 0 (3.3) 0 0 0 (2.7) 0 0 0 0 0.0 0.0 0.1
Total Stockholders' Equity (63.3) (121.2) (220.5) (228.7) (213.6) (182.6) (154.2) (124.6) (71.3) (25.0) (14.0) 20.5 54.9 85.7 (46.3) (32.7) (4.9) 23.8 (262.7) (246.3) (222.0) (120.8) (87.3) (161.3) (131.9) (109.0) (139.9) (130.3) (121.0) 650.1 (89.0) (56.3) (29.2) (2.8) 9.2 (54.9) (48.1) (37.4) (22.8) (49.0) (40.7) 29.8 37.0 43.1 (101.6)
Total Liabilities & Equity 286.2 325.6 185.7 200.6 235.2 277.1 313.3 356.3 437.5 378.3 493.1 527.4 560.1 591.0 457.6 345.6 369.3 419.3 123.4 145.4 161.4 181.0 227.1 70.7 118.2 137.0 91.3 89.8 101.2 645.9 75.6 106.3 89.0 116.3 125.5 60.4 58.4 67.3 72.8 46.1 36.0 44.8 53.5 62.1 12.7
Debt Metrics
Total Debt 310.6 239.1 191.6 184.3 415.0 207.0 209.5 444.4 472.1 361.6 340.9 467.1 467.5 342.0 342.8 343.0 342.1 347.8 348.4 348.9 343.8 268.8 266.3 197.6 195.7 194.0 31.7 182.0 180.3 151.4 132.3 130.4 85.5 84.6 83.1 81.8 80.7 79.7 70.5 70.0 50.0 10.1 11.5 12.8 15.2
Net Debt 308.7 229.5 189.2 182.4 410.8 203.6 207.9 442.2 470.3 354.5 310.2 460.5 463.6 331.0 197.2 328.9 333.2 247.0 341.0 336.2 334.7 258.3 245.2 195.7 188.6 191.0 22.8 178.0 176.3 145.6 129.5 127.5 84.4 81.2 82.1 78.4 79.4 77.5 60.2 65.4 49.1 7.3 10.7 11.9 13.9
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
Operating Activities
Net Income 51.2 86.5 (30.9) (25.4) (37.6) (31.4) (32.2) (65.1) (37.2) (39.3) (51.7) (37.3) (33.7) (46.0) (54.8) (41.7) (39.5) 280.6 (22.7) (28.6) (49.8) (40.0) (38.5) (33.3) (29.0) (29.2) (16.5) (14.5) (24.3) (23.5) (39.5) (33.7) (30.1) (16.6) (7.5) (14.4) (15.1) (19.6) (14.0) (12.6) (20.5)
Depreciation & Amortization 0.2 (2.0) 0.2 0.2 0.3 0.3 0.2 0.2 0.2 0.2 0.2 0.3 0.2 0.2 0.3 0.2 0.3 0.3 0.3 0.4 0.4 0.4 0.4 0.4 0.4 0.5 0.4 0.5 0.4 0.3 0.2 0.2 0.2 0.2 0.1 0.1 0.1 0.1 0.1 0.1 0.1
Stock-Based Compensation 0 1.7 1.9 2.1 0 2.4 2.6 0 2.7 0 0 2.8 3.0 0 0 0 0 5.5 5.7 3.1 0 0 0 0 3.5 3.3 3.5 3.6 3.4 2.8 2.9 3 3.0 3.2 3.0 3.1 3.3 4.0 2.5 2.6 4.4
Change in Working Capital 5.2 (0.6) 14.0 18.3 1.9 8.0 5.2 16.1 (0.3) 6.6 17.2 9.1 212.5 (126.7) (13.6) 7.7 13.7 5.4 (7.4) (2.9) (9.2) 15.3 (10.1) (11.2) 13.5 (0.1) 2.7 (8.4) 5.4 (6.0) (2.4) (1.8) 14.5 7.8 (7.9) 1.9 (2.0) (1.7) (0.4) (3.3) (0.8)
Other Non-Cash Items (71.1) (125.5) (3.8) (17.1) (0.5) (8.3) (8.0) 4.4 (7.2) 6.4 1.6 (7.3) (7.4) 147.2 41.7 14.4 10.4 (310.1) 0.4 0.4 18.3 10.0 21.1 6.4 2.5 2.4 2.4 2.2 2.2 14.7 1.8 1.4 1.1 1.1 1.0 1.0 1.0 0.8 0.5 0.5 0.2
Operating Cash Flow (14.5) (39.8) (18.5) (21.9) (35.8) (29.0) (32.1) (46.0) (41.8) (34.8) (32.6) (32.3) 174.5 (25.4) (26.4) (19.5) (15.2) (18.2) (23.7) (27.6) (40.3) (18.4) (34.9) (37.6) (9.1) (23.0) (7.5) (16.6) (12.9) (24.7) (36.9) (30.9) (11.3) (4.2) (11.2) (8.2) (12.7) (10.9) (11.2) (12.8) (16.6)
Investing Activities
Capital Expenditure 0 0 (0.0) (0.0) (0.0) (0.0) (0.0) (0.1) (0.1) (0.1) (0.0) (0.3) 0 (0.0) 0.0 (0.1) 0 (0.1) (0.1) (0.1) (0.0) 0 (0.1) (0.1) (0.1) (0.0) (0.0) (0.1) (0.2) (0.1) (0.1) (0.2) (0.2) 0 (0.0) (0.2) (0.1) (0.0) (0.0) (0.0) 0
Acquisitions 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.1 0.0 0 0
Purchases of Investments (1.3) (166.9) (17.4) (0.4) (0.7) (65.6) (295.8) (138.5) (487.6) (179.0) (176.9) 0 (523.9) (325.5) (0.4) (20.2) (83.0) (32.0) (0.0) (0.0) (0.0) (0.0) (130.0) (0.0) (3.2) (57.6) (0.1) (0.2) (0.3) (23.3) (0.3) (44.9) (0.3) (0.2) (64.0) (0.1) (1.0) (15.8) (37.5) (20.6) (0.0)
Sales/Maturities of Investments 30.1 38.4 10.5 21.7 39.3 100.5 331.8 211.7 425.7 295.4 234.1 0 342.6 217.0 33.4 45 6.2 18.5 18 30.5 33 8 11.7 32.8 14.0 18.4 9.5 15.5 11.8 21 33.5 31 9 5.6 4.5 6.2 11.8 9.9 17 16.2 14.7
Other Investing Activities 0 0 0 0 0 0 0 0 0 0 0 35.6 0 0 0 0 0 126.0 0 0 0 0 0 0 0 0 9.4 15.3 11.5 (2.3) 33.2 (13.9) 8.7 5.4 (59.5) 6.1 10.7 (0.1) (0.0) (0.0) 14.6
Investing Cash Flow 28.7 111.5 (6.9) 21.3 38.5 35.0 36.0 73.2 (61.9) 116.2 57.2 35.4 (181.3) (108.5) 33.0 24.7 (76.8) 112.4 17.9 30.4 33.0 8.0 (118.4) 32.6 10.8 (39.2) 9.3 15.2 11.3 (2.4) 33.1 (14.1) 8.5 5.4 (59.5) 5.8 10.7 (6.0) (20.5) (4.4) 14.6
Financing Activities
Net Debt Issuance (21.9) (88.6) 6.5 (5.2) (1.9) (19.7) 10.5 (26.9) (5.3) (100.3) (0.5) (0.2) (0.4) (0.7) 124.8 (0.1) (0.3) (1.1) (0.1) (0.3) (0.3) (0.3) 92.2 (0.2) (0.3) (0.3) (0.3) (0.3) (0.3) 65.4 (0.1) 44.5 (0.1) (0.2) (0.1) (0.1) (0.1) 4.4 (0.0) 19.8 0
Stock Repurchased (4.2) 0 0 0 0 0 0 0 (11.9) (4.7) 0 0 0 0 0 0 0 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 (4.1) 13.1 (10.0) (2.8) 0 15.6 (15.1) 0 115.6 0 0 (0.1) 0 0 0 0 0 0.3 0.6 1.1 (0.2) 0.1 (15.7) 0 0 0 3.3 1.6 0.1 (35.3) 3.8 2.2 0.7 1.3 4.9 4.5 1.1 4.4 0.2 0.3 1.6
Financing Cash Flow (22.0) (64.4) 25.8 (1.7) (1.8) (4.1) (4.6) (26.9) 98.4 (105.0) (0.5) (0.3) (0.4) (0.7) 124.8 (0.1) 0.2 (0.8) 0.5 0.9 5.8 (0.2) 172.4 (0.2) 2.4 56.5 3.1 1.3 (0.1) 30.1 3.7 46.7 0.5 1.1 68.4 4.4 1.1 8.8 37.5 20.8 1.6
Cash Position
Net Change in Cash (7.8) 7.3 0.5 (2.4) 0.9 1.9 (0.6) 0.3 (5.3) (23.5) 24.0 2.8 (7.2) (134.5) 131.4 5.2 (91.8) 93.4 (5.3) 3.7 (1.5) (10.6) 19.1 (5.2) 4.0 (5.8) 4.9 (0.1) (1.8) 3.1 (0.1) 1.7 (2.2) 2.4 (2.4) 2.1 (0.9) (8.1) 5.7 3.6 (0.4)
Cash at Beginning 9.7 2.4 1.9 4.3 3.4 1.5 2.1 1.8 7.1 30.6 6.6 3.8 11.0 145.5 14.1 9.0 100.8 7.4 12.7 9.0 10.5 21.1 2.0 7.1 3.1 8.9 4.0 4.1 5.9 2.8 2.9 1.2 3.4 1.0 3.4 1.3 2.2 10.3 4.6 1.0 1.4
Cash at End 1.9 9.7 2.4 1.9 4.3 3.4 1.5 2.1 1.8 7.1 30.6 6.6 3.8 11.0 145.5 14.1 9.0 100.8 7.4 12.7 9.0 10.5 21.1 2.0 7.1 3.1 8.9 4.0 4.1 5.9 2.8 2.9 1.2 3.4 1.0 3.4 1.3 2.2 10.3 4.6 1.0
Free Cash Flow (14.5) (39.8) (18.5) (22.0) (35.9) (29.0) (32.1) (46.1) (41.8) (34.9) (32.7) (32.6) 174.5 (25.4) (26.4) (19.6) (15.2) (18.3) (23.8) (27.7) (40.3) (18.4) (35.0) (37.7) (9.2) (23.0) (7.6) (16.7) (13.1) (24.8) (37.0) (31.1) (11.5) (4.2) (11.2) (8.4) (12.8) (10.9) (11.3) (12.8) (16.6)
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 2008 Q3
Income Statement
Revenue 9.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (79.9) 0 0 0 10.6 26.1 13.5 23.5 33.4 29.9 26.8 21.8 22.0 4.6 1.7 1.6 13.8 21.7 17.2 12.3 12.9 11.3 10.0 7.4 6.7 3.3 3.2 0.4 0.2 0.2 0.0 0.1 0.2 0.2 0.1 1.1 1.6 1.4 1.5 1.5 1.1 1.0 1.2 1.2 1.0 0.3 0.5 0.4 0.4 0.4 0.4 0.2 0.2 0.5
Gross Profit 9.1 0 0 (10.3) 0 (0.3) 0 0 (0.2) (0.2) 0 0 0 0 0 0 0 (79.0) (0.3) (0.4) (0.4) 10.5 25.7 13.4 23.3 33.0 29.6 26.7 21.6 21.9 4.6 1.5 1.4 13.3 21.5 17.0 12.0 12.5 10.9 9.7 7.1 6.3 3.0 2.8 0.4 (5.0) (6.4) (12.4) (11.9) (4.9) (4.4) (5.4) (2.0) 1.6 1.4 1.5 1.5 1.1 1.0 1.2 1.2 1.0 0.3 0.5 0.4 0.4 0.4 0.4 0.2 0.2 0.5
Operating Income (17.4) (29.1) (26.4) (32.4) (35.0) (35.7) (35.4) (59.2) (39.0) (39.8) (48.2) (40.9) (35.7) (40.1) (50.8) (37.4) (35.0) (100.7) (39.8) (45.6) (45.3) (33.8) (25.4) (27.7) (23.7) (23.7) (11.1) (9.3) (19.2) (18.5) (35.4) (30.6) (27.7) (14.1) (5.1) (11.9) (12.7) (11.9) (12.0) (10.9) (19.5) (18.0) (19.3) (16.0) (17.9) (20.0) (17.1) (17.2) (15.7) (13.9) (13.4) (13.2) (10.0) (7.5) (13.0) (8.2) (8.1) (9.8) (6.2) (4.9) (6.5) (8.6) (7.5) (7.6) (6.4) (5.3) (4.5) (5.7) (5.2) (6.4) (7.7)
Net Income 56.1 86.5 (30.9) (25.4) (33.5) (31.4) (32.2) (56.0) (37.2) (9.1) (37.8) (37.3) (33.7) 128.7 (17.5) (30.8) (33.0) 280.6 (22.7) (28.6) (35.1) (37.3) (38.5) (33.3) (29.0) (29.2) (16.5) (14.5) (24.3) (23.5) (39.5) (33.7) (30.1) (16.6) (7.5) (14.4) (15.1) (19.6) (14.0) (12.6) (20.5) (19.8) (19.9) (16.7) (18.7) (20.7) (18.3) (18.0) (16.6) (1.8) (13.9) (13.6) (10.5) (7.7) (13.3) (8.5) (8.9) (10.2) (6.5) (5.3) (6.5) (7.2) (7.6) (7.8) (6.7) (5.6) (3.9) (6.1) (5.5) (6.4) (7.4)
EPS (Diluted) 0.78 1.42 -0.47 -0.43 -0.58 -0.54 -0.56 -0.97 -0.63 -0.15 -0.60 -0.59 -0.54 2.05 0.53 0.11 -0.60 4.48 -0.36 -0.46 -0.57 -0.60 -0.66 -0.61 -0.53 -0.58 -0.33 -0.29 -0.50 -0.48 -0.81 -0.70 -0.62 -0.34 -0.16 -0.33 -0.34 -0.45 -0.34 -0.32 -0.54 -0.52 -0.53 -0.44 -0.51 -0.61 -0.54 -0.53 -0.54 -0.06 -0.46 -0.48 -0.40 -0.30 -0.51 -0.38 -0.40 -0.45 -0.29 -0.24 -0.30 -0.33 -0.35 -0.36 -0.31 -0.26 -0.36 -0.57 -0.51 -0.59 -0.69
Balance Sheet
Cash & Equivalents 1.9 9.7 2.4 1.9 4.3 3.4 1.5 2.1 1.8 7.1 30.6 6.6 3.8 11.0 145.5 14.1 9.0 100.8 7.4 12.7 9.0 10.5 21.1 2.0 7.1 3.1 8.9 4.0 4.1 5.9 2.8 2.9 1.2 3.4 1.0 3.4 1.3 2.2 10.3 4.6 1.0 2.9 0.8 0.8 1.3
Total Assets 286.2 325.6 185.7 200.6 235.2 277.1 313.3 356.3 437.5 378.3 493.1 527.4 560.1 591.0 457.6 345.6 369.3 419.3 123.4 145.4 161.4 181.0 227.1 70.7 118.2 137.0 91.3 89.8 101.2 95.9 75.6 106.3 89.0 116.3 125.5 60.4 58.4 67.3 72.8 46.1 36.0 44.8 53.5 62.1 12.7
Total Debt 310.6 239.1 191.6 184.3 415.0 207.0 209.5 444.4 472.1 361.6 340.9 467.1 467.5 342.0 342.8 343.0 342.1 347.8 348.4 348.9 343.8 268.8 266.3 197.6 195.7 194.0 31.7 182.0 180.3 151.4 132.3 130.4 85.5 84.6 83.1 81.8 80.7 79.7 70.5 70.0 50.0 10.1 11.5 12.8 15.2
Stockholders' Equity (63.3) (121.2) (220.5) (228.7) (213.6) (182.6) (154.2) (124.6) (71.3) (25.0) (14.0) 20.5 54.9 85.7 (46.3) (32.7) (4.9) 23.8 (262.7) (246.3) (222.0) (120.8) (87.3) (161.3) (131.9) (109.0) (139.9) (130.3) (121.0) 650.1 (89.0) (56.3) (29.2) (2.8) 9.2 (54.9) (48.1) (37.4) (22.8) (49.0) (40.7) 29.8 37.0 43.1 (101.6)
Cash Flow
Operating Cash Flow (14.5) (39.8) (18.5) (21.9) (35.8) (29.0) (32.1) (46.0) (41.8) (34.8) (32.6) (32.3) 174.5 (25.4) (26.4) (19.5) (15.2) (18.2) (23.7) (27.6) (40.3) (18.4) (34.9) (37.6) (9.1) (23.0) (7.5) (16.6) (12.9) (24.7) (36.9) (30.9) (11.3) (4.2) (11.2) (8.2) (12.7) (10.9) (11.2) (12.8) (16.6)
Capital Expenditure 0 0 (0.0) (0.0) (0.0) (0.0) (0.0) (0.1) (0.1) (0.1) (0.0) (0.3) 0 (0.0) 0.0 (0.1) 0 (0.1) (0.1) (0.1) (0.0) 0 (0.1) (0.1) (0.1) (0.0) (0.0) (0.1) (0.2) (0.1) (0.1) (0.2) (0.2) 0 (0.0) (0.2) (0.1) (0.0) (0.0) (0.0) 0
Free Cash Flow (14.5) (39.8) (18.5) (22.0) (35.9) (29.0) (32.1) (46.1) (41.8) (34.9) (32.7) (32.6) 174.5 (25.4) (26.4) (19.6) (15.2) (18.3) (23.8) (27.7) (40.3) (18.4) (35.0) (37.7) (9.2) (23.0) (7.6) (16.7) (13.1) (24.8) (37.0) (31.1) (11.5) (4.2) (11.2) (8.4) (12.8) (10.9) (11.3) (12.8) (16.6)