Orchid Island Capital, Inc. logo ORC - Orchid Island Capital, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 0
HOLD 5
SELL 0
STRONG
SELL
0
| PRICE TARGET: $7.50 DETAILS
HIGH: $7.50
LOW: $7.50
MEDIAN: $7.50
CONSENSUS: $7.50
UPSIDE: 10.95%
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
Revenue
Revenue 157.9 132.2 77.5 (28.6) 21.3 9.9 21.6 (0.6) 23.5 31.2 (75.5) 15.1 8.5 39.1 (80.2) (55.6) (144.3) (40.2) 29.7 (13.1) (25.9) 19.3 30.9 51.5 (89.1) 21.3 30.4 36.6 32.7 30.1 48.9 41.3 31.6 29.0 39.7 38.5 31.0 23.7 29.2 8.6 (2.4) 9.9 (7.4) (0.8) 7.3 5.0 8.2 11.7 4.1 1.9 (0.6) (1.1) 0.8 (0.1) 0.8 (0.2) 0.8 0.0 (0.4) 0.7 0.1
Cost of Revenue 4.5 93.7 0 0 0 0 0 0 0 0.8 0.8 0.8 0.7 0.7 0 0.7 0.8 0.9 0.7 0.7 0.8 0.6 0.8 0.6 0.6 0.6 1.6 1.6 1.7 1.8 1.9 2.0 2.1 1.9 1.8 1.7 1.5 1.4 1.2 0.4 0.4 0.4 0.3 0.3 0.3 0.4 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0 0.2 0 0 0 0 0
Gross Profit 153.4 38.5 77.5 (28.6) 21.3 9.9 21.6 (0.6) 23.5 30.4 (76.2) 14.3 7.8 38.4 (80.2) (56.3) (145.1) (41.1) 29.0 (13.8) (26.7) 18.6 30.1 50.9 (89.6) 20.8 28.8 35.0 31.0 28.3 47.0 39.3 29.5 27.0 37.9 36.8 29.4 22.2 27.9 8.2 (2.8) 9.6 (7.7) (1.2) 7.0 4.5 8.1 11.7 4.1 1.8 (0.6) (1.1) 0.7 (0.1) 0.8 (0.4) 0.8 0.0 (0.4) 0.7 0.1
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 0 5.8 0.7 0.8 0.3 0.7 0.7 0.9 0.3 3.3 3.9 4.0 4.3 3.5 0.7 3.9 3.6 3.5 3.0 3.0 2.7 2.2 2.1 2.2 1.6 2.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0.5 0.5 (0.3) 0.5 0.5 0.4 0.5 1.4 1.1 0.5 0.4 0.4 0.4 0.3 (0.3) 0.0 0.0 0.0 0.1 0.1 0.1 0.1
Other Expenses 72.6 0 76.9 (29.4) 21.1 9.2 20.9 (1.5) 23.2 0 0 0 0 0 (80.9) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.1) (2.9) 2.2 (0.1) (1.3) 0 0 (0.0) 0 (0.0) (0.0) 0 0 0 0.2 0.7 (0.2) (0.1) (0.1) (0.6) (0.3) 0.1
Operating Expenses 72.6 5.8 77.5 (28.6) 21.3 9.9 21.6 (0.6) 23.5 3.3 3.9 4.0 4.3 3.5 (80.2) 3.9 3.6 3.5 3.0 3.0 2.7 2.2 2.1 2.2 1.6 2.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0.5 (2.4) 0.7 0.5 0.3 0.6 0.6 1.4 1.1 0.5 0.4 0.4 0.4 0.3 (0.1) 0.8 (0.2) (0.0) 0.0 (0.4) (0.1) 0.1
Operating Income
Operating Income 80.8 32.7 0 0 0 0 0 0 0 27.1 (80.1) 10.2 3.5 34.9 0 (60.1) (148.7) (44.6) 26.0 (16.9) (29.4) 16.5 28.1 48.8 (91.2) 18.6 (8.5) 3.5 10.6 (6.7) (3.0) 1.3 (16.4) (6.0) 15.2 (9.6) 2.4 (20.4) 20.5 6.5 (4.6) 7.8 (9.4) (1.3) 5.5 4.6 7.6 11.3 4.0 1.8 (0.7) (1.2) 0.4 (0.3) 1.0 0 0.8 0 0 0.8 0.2
Interest Expense 100.8 93.7 81.5 69.1 61.4 63.9 67.3 53.8 51.4 52.3 58.7 48.7 42.2 29.5 21.4 8.2 2.7 2.0 1.6 1.6 1.9 2.0 2.0 4.5 16.5 20.0 22.3 22.4 18.9 19.7 18.9 16.6 15.1 13.6 12.6 8.8 6.7 5.0 4.0 3.3 3.3 2.4 2.0 1.6 1.3 1.1 0.8 0.7 0.4 0.3 0.3 0.3 0.2 0.1 0.1 0.1 0.1 0.0 0.0 0.0 0.0
Interest Income 157.8 132.2 108.4 92.3 81.1 72.0 67.6 53.1 48.9 49.5 50.1 39.9 38.0 31.9 35.6 35.3 41.9 44.4 34.2 29.3 26.9 25.9 27.2 27.3 35.7 37.5 35.9 36.5 32.4 37.0 39.1 38.6 39.9 40.1 39.0 34.6 32.3 25.1 22.4 19.2 20.5 19.1 18.4 16.8 14.6 12.1 9.3 6.6 3.8 2.8 2.6 2.4 1.4 0.5 0.7 0.8 0.8 0.5 0.6 0.4 0.3
Profitability
EBITDA 80.8 197.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (8.5) 3.5 10.6 (6.7) (3.0) 1.3 (16.4) (6.0) 15.2 (9.6) 2.4 (20.4) 20.5 0 0 0 0 0 0 0 0 0 0 0 0 (0.9) 0 0 0.6 (0.3) 0 (0.0) (1.6) 0.5 0.0
EBIT 80.8 197.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (8.5) 3.5 10.6 (6.7) (3.0) 1.3 (16.4) (6.0) 15.2 (9.6) 2.4 (20.4) 20.5 16.3 (5.9) 18.0 (16.8) (2.5) 12.3 4.0 7.6 11.3 4.0 3.2 (1.4) (2.4) 0 0 0.6 (0.3) 1.5 0 0 0 0.3
Income Before Tax (20.0) 103.4 72.1 (33.6) 17.1 5.5 17.3 (5.0) 19.8 27.1 (80.1) 10.2 3.5 34.9 (84.5) (60.1) (148.7) (44.6) 26.0 (16.9) (29.4) 16.5 28.1 48.8 (91.2) 18.6 (8.5) 3.5 10.6 (26.4) (3.0) 1.3 (16.4) (6.0) 15.2 (9.6) 2.4 (20.4) 20.5 6.5 (4.6) 7.8 (9.4) (2.8) 5.5 3.5 6.8 10.6 3.6 1.4 (1.0) (1.5) 0.4 (0.3) 0.5 (0.4) 0.6 0 0 0 0.0
Income Tax Expense 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 1.6 (0.5) 0
Net Income (20.0) 103.4 72.1 (33.6) 17.1 5.5 17.3 (5.0) 19.8 27.1 (80.1) 10.2 3.5 34.9 (84.5) (60.1) (148.7) (44.6) 26.0 (16.9) (29.4) 16.5 28.1 48.8 (91.2) 18.6 (8.5) 3.5 10.6 (26.4) (3.0) 1.3 (16.4) (6.0) 15.2 (9.6) 2.4 (20.4) 20.5 6.5 (4.6) 7.8 (9.4) (2.8) 5.5 3.5 6.8 10.6 3.6 1.4 (1.0) (1.5) 0.4 (0.3) 0.5 (0.4) 0.6 (0.1) (1.6) 0.5 0.0
Per Share Data
EPS (Basic) -0.11 0.62 0.53 -0.29 0.18 0.07 0.24 -0.09 0.38 0.52 -1.68 0.25 0.09 0.95 -2.40 -1.70 -4.20 -1.33 1.01 -0.85 -1.72 1.17 2.09 3.68 -7.06 1.47 -0.70 0.34 1.08 -2.54 -0.30 0.15 -1.55 -0.60 1.65 -1.30 0.35 -3.60 4.25 1.45 -1.06 1.79 -2.09 -0.72 1.65 1.20 3.15 5.85 3.55 2.15 -1.50 -2.30 0.60 -0.32 0.56 -0.37 0.63 -0.09 -1.67 0.77 0.02
EPS (Diluted) -0.11 0.62 0.53 -0.29 0.18 0.07 0.24 -0.09 0.38 0.52 -1.68 0.25 0.09 0.95 -2.40 -1.70 -4.20 -1.33 1.01 -0.85 -1.72 1.17 2.09 3.68 -7.06 1.47 -0.70 0.34 1.08 -2.54 -0.30 0.15 -1.55 -0.60 1.65 -1.30 0.35 -3.60 4.25 1.45 -1.06 1.79 -2.10 -0.72 1.65 1.20 3.15 5.85 3.55 2.15 -1.50 -2.30 0.60 -0.32 0.56 -0.37 0.63 -0.09 -1.67 0.77 0.02
Shares Outstanding 189.3 166.1 136.4 114.5 95.2 79.6 72.4 57.8 51.6 52.4 47.8 40.2 38.5 36.8 35.2 35.4 35.4 33.6 25.7 19.9 17.1 14.1 13.5 13.3 12.9 12.6 12.1 10.5 9.8 10.2 10.4 10.5 10.6 9.7 9.1 7.4 6.6 5.7 4.8 4.4 4.4 4.3 4.5 4.0 3.4 2.9 2.1 1.8 1.0 0.7 0.7 0.7 0.7 0.8 1.0 1.0 1.0 1.0 1.0 0.7 0.7
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
Current Assets
Cash & Cash Equivalents 760.1 724.6 583.9 440.8 396.4 309.3 322.1 241.0 190.4 200.3 278.2 249.3 186.0 237.2 214.2 283.4 427.4 450.4 475.2 379.7 328.6 299.5 247.3 236.0 201.4 193.8 147.4 135.6 125.9 108.3 164.4 137.9 127.2 214.4 161.7 199.8 95.1 73.5 110.9 65.4 65.6
Short-Term Investments 155.1 0 0.1 2.0 5.0 0 0 19.7 19.9 148.8 98.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (138.9) 17.2 0 0 0 0 0 0 0.8
Net Receivables 53.9 49.1 39.4 35.2 33.0 23.0 23.0 19.0 15.6 15.0 17.3 15.3 13.1 11.5 24.2 13.9 14.9 18.9 15.2 12.5 165.8 10.1 10.4 11.0 10.1 0 225.9 13.9 12.6 235.0 14.1 14.8 176.3 14.4 15.4 14.4 13.2 11.5 37.0 8.8 8.3
Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 Assets 0 137.9 (623.3) (477.9) (434.3) (332.4) (345.1) (279.7) (225.9) (364.1) (393.9) (264.6) (199.1) (248.7) 91.0 (297.3) (442.3) (469.3) (490.5) (392.3) (494.4) (309.6) (257.7) (247.0) (211.5) 97.3 0 0 0 0 0 0 0 46.8 0 0 0 32.5 0 0 0
Total Current Assets 969.1 911.6 0 0 0 0 0 0 0 0 0 0 0 0 329.4 0 0 0 0 0 0 0 0 0 0 291.1 373.3 149.4 138.5 343.3 178.5 152.7 164.6 292.8 177.1 214.2 108.3 117.4 147.9 74.1 73.9
Non-Current Assets
Property, Plant & Equipment 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 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
Long-Term Investments 11,341.5 10,901.7 36.2 51.7 50.1 44.2 4.6 4,540.8 25.3 0 0 0 0 0 36.1 0 0 0 0 0 0 0 0 0 0 6.6 29.3 22.3 59.4 22.9 15.2 45.4 102.1 32.2 12.9 286.9 30.2 49.9 97.4 43.7 0
Other Non-Current Assets (11,341.5) (137.2) (36.2) (51.7) (50.1) (44.2) (4.6) (4,540.8) (25.3) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3,584.5 (29.3) (22.3) (59.4) 3,251.2 0 (45.4) (102.1) (32.2) (12.9) 0 (30.2) (49.9) 0 2,180.4 1,978.9
Total Non-Current Assets 0 10,764.4 0 0 0 0 0 0 0 0 0 0 0 0 36.1 0 0 0 0 0 0 0 0 0 0 3,591.0 29.3 22.3 59.4 3,274.1 15.2 45.4 102.1 32.2 12.9 286.9 30.2 49.9 97.4 2,224.0 1,978.9
Total Assets 12,671.4 11,676.0 9,139.0 7,610.6 7,304.3 5,721.6 5,916.5 4,929.9 4,214.7 4,264.9 4,936.9 4,730.9 4,266.0 3,865.7 3,805.8 4,474.4 5,187.4 7,068.7 6,177.1 5,107.9 4,930.8 4,058.1 3,812.9 3,700.4 3,162.4 3,882.1 4,253.3 3,726.8 3,257.7 3,395.6 3,761.1 3,908.0 4,122.7 4,023.3 4,144.4 3,982.9 3,401.1 3,138.7 2,668.5 2,317.1 2,203.6
Current Liabilities
Account Payables 28.5 31.4 22.2 13.8 13.3 10.8 16.4 17.6 12.8 0 0 0 0 0 4.4 0 0 0 0 0 0 0 0 0 0 0 11.9 10.1 5.1 6.4 4.6 7.2 7.2 6.5 4.8 2.2 2.0 1.8 1.9 1.4 0.9
Short-Term Debt 11,223.9 10,244.2 8,007.0 0 0 0 0 0 0 3,705.6 4,426.9 4,201.7 3,769.4 3,378.4 0 3,759.0 4,464.1 6,244.1 5,213.9 4,514.7 4,181.7 3,595.6 3,281.3 3,174.7 2,810.2 3,468.8 0 0 0 0 3,321.8 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 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities (53.9) (56.4) 0 (34.4) (27.6) (21.9) (27.0) (26.5) (20.5) 75.6 25.5 19.6 22.3 16.2 (6.7) 13.0 10.1 13.4 192.3 9.5 225.5 6.8 119.5 4.9 13.1 6.1 (17.5) (15.0) (50.4) (18.1) (3,331.2) (20.4) (52.7) (22.1) (11.9) (276.5) (7.6) (7.0) (74.7) 0 0
Total Current Liabilities 11,223.9 10,244.2 8,048.5 0 0 0 0 0 0 3,781.3 4,452.4 4,221.3 3,791.7 3,394.7 4.4 3,772.0 4,474.2 6,257.5 5,406.2 4,524.2 4,407.2 3,602.3 3,400.8 3,179.7 2,823.3 3,486.6 17.5 15.0 54.9 18.1 3,331.2 20.4 52.7 22.1 11.9 283.5 7.6 7.0 75.4 6.1 22.8
Non-Current Liabilities
Long-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 0 0 0 0 0 0 0 0 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 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 55.7 59.9 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 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Non-Current Liabilities 55.7 59.9 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 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Liabilities 11,279.6 10,304.0 8,052.9 6,698.7 6,448.4 5,053.1 5,260.5 4,374.0 3,733.0 3,795.0 4,470.1 4,240.8 3,814.7 3,427.0 3,405.5 3,968.0 4,595.0 6,300.6 5,446.5 4,554.1 4,464.6 3,642.8 3,436.2 3,354.4 2,854.2 3,486.6 3,861.3 3,367.2 2,917.3 3,059.6 3,367.8 3,498.8 3,693.2 3,561.1 3,730.0 3,564.7 3,066.9 2,805.9 2,374.1 2,073.5 1,963.8
Stockholders' Equity
Common Stock 2.0 1.8 1.5 1.3 1.1 0.8 0.8 0.6 0.5 0.5 0.5 0.4 0.4 0.4 0.4 1.8 1.8 1.8 1.5 1.2 0.9 0.8 0.7 0.7 0.7 0.6 0.6 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.3 0.3 0.3 0.2 0.2
Retained Earnings (203.7) (183.7) (287.1) (359.2) (325.6) (342.8) (348.3) (365.6) (360.7) (380.4) (407.6) (327.4) (337.7) (341.2) (376.1) (291.6) (231.5) (82.8) (38.2) (64.2) (47.4) (18.0) (34.5) (62.5) (111.3) (20.1) (38.7) (30.3) (33.8) (44.4) (18.0) (15.0) (16.4) 0 0 (7.2) 0 0 0 0 (4.6)
Accumulated Other Comprehensive Income 0.1 0.4 0.4 0.3 0.4 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Stockholders' Equity 1,391.8 1,371.9 1,086.1 912.0 855.9 668.5 656.0 555.9 481.6 469.9 466.8 490.1 451.4 438.8 400.4 506.4 592.4 768.1 730.6 553.8 466.2 415.3 376.7 346.0 308.1 395.5 392.0 359.7 340.4 336.1 393.3 409.2 429.5 462.2 414.4 418.2 334.2 332.8 294.4 243.7 239.8
Total Liabilities & Equity 12,671.4 11,676.0 9,139.0 7,610.6 7,304.3 5,721.6 5,916.5 4,929.9 4,214.7 4,264.9 4,936.9 4,730.9 4,266.0 3,865.7 3,805.8 4,474.4 5,187.4 7,068.7 6,177.1 5,107.9 4,930.8 4,058.1 3,812.9 3,700.4 3,162.4 3,882.1 4,253.3 3,726.8 3,257.7 3,395.6 3,761.1 3,908.0 4,122.7 4,023.3 4,144.4 3,982.9 3,401.1 3,138.7 2,668.5 2,317.1 2,203.6
Debt Metrics
Total Debt 11,223.9 10,244.2 8,007.0 0 0 0 0 0 0 3,705.6 4,426.9 4,201.7 3,769.4 3,378.4 0 3,759.0 4,464.1 6,244.1 5,213.9 4,514.7 4,181.7 3,595.6 3,281.3 3,174.7 2,810.2 3,468.8 3,841.3 3,350.9 2,872.1 3,031.0 3,321.8 3,452.1 3,621.9 3,535.8 3,712.7 3,281.2 3,054.2 2,795.7 2,298.6 2,066.7 1,940.5
Net Debt 10,463.8 9,519.6 7,423.1 (440.8) (396.4) (309.3) (322.1) (241.0) (190.4) 3,505.4 4,148.7 3,952.4 3,583.5 3,141.2 (214.2) 3,475.6 4,036.7 5,793.7 4,738.6 4,135.0 3,853.1 3,296.1 3,034.0 2,938.7 2,608.8 3,275.0 (147.4) (135.6) (125.9) (108.3) 3,157.4 (137.9) (127.2) (214.4) (161.7) (199.8) (95.1) (73.5) (110.9) (65.4) (65.6)
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 (20.0) 103.4 72.1 (33.6) 17.1 5.5 17.3 (5.0) 19.8 27.1 (80.1) 10.2 3.5 34.9 (84.5) (60.1) (148.7) (44.6) 26.0 (16.9) (29.4) 16.5 28.1 48.8 (91.2) 18.6 (8.5) 3.5 10.6 (26.4) (3.0) 1.3 (16.4) (6.0) 15.2 (9.6) 2.4 (20.4) 20.5 6.5 (4.6)
Depreciation & Amortization 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Stock-Based Compensation 0 0.2 0.2 0.2 (0.2) 0.2 0.2 0.2 (0.1) 0.3 0.3 0.2 0.4 0.1 0.1 0.2 0.2 0.2 0.2 0.2 0.3 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.1 0.1 0.2 0.1 0.2 0.1 0.1 0.1 0.3
Change in Working Capital (8.3) (9.6) 1.6 0.5 (6.0) (5.5) (4.9) 2.0 3.9 (5.6) 2.8 (5.3) 3.8 (3.2) 11.6 4.2 3.6 (0.7) (3.3) (7.8) 3.5 3.6 (0.6) (2.3) (5.9) 0.9 1.7 4.5 (1.5) 1.3 (7.0) 7.2 (0.5) 7.3 3.3 (5.0) 0.2 0.6 (0.0) 0.4 (0.7)
Other Non-Cash Items 76.9 (45.6) (45.9) 51.3 14.9 17.2 (27.5) 22.0 21.5 (62.6) 112.6 10.7 (10.3) (33.1) 178.7 126.2 259.1 80.4 (0.4) 38.4 50.3 4.3 (8.7) (27.4) 90.0 4.2 15.5 9.1 (10.7) 23.9 27.6 27.1 58.4 40.0 1.0 20.8 14.8 52.6 (3.7) 2.1 (6.9)
Operating Cash Flow 48.6 48.3 28.0 18.4 25.8 17.5 (14.8) 19.3 45.0 (40.8) 35.5 16.0 (2.6) (1.3) 106.0 70.5 114.2 35.3 22.5 13.9 24.8 24.5 18.8 19.2 (7.1) 23.8 8.8 17.2 (1.6) (1.1) 17.7 35.9 41.5 41.4 19.7 6.3 17.6 33.0 16.9 9.1 (11.9)
Investing Activities
Capital Expenditure 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 0 0 0
Purchases of Investments (1,505.7) (3,383.7) (1,535.3) (1,080.7) (1,759.7) (443.2) (959.2) (866.3) (443.7) (77.2) (541.3) (521.4) (467.5) (382.0) (431.9) (190.6) 0 (1,613.2) (1,850.7) (1,222.6) (1,767.4) (1,956.8) (908.0) (650.7) (1,387.4) (1,164.8) (931.4) (1,616.1) (567.3) (935.4) (963.2) (1,477.4) 0 (1,416.9) (1,387.9) (1,954.8) (1,737.2) (986.5) (699.3) (770.6) (716.2)
Sales/Maturities of Investments 429.7 1,029.6 212.8 789.4 326.6 625.1 204.2 189.8 404.5 886.4 137.0 77.4 61.0 92.3 893.5 644.0 1,570.2 430.9 1,071.6 827.9 1,112.4 1,647.7 652.7 472.8 1,951.1 1,578.5 418.2 1,169.2 750.1 1,195.3 1,104.7 1,633.7 0 1,561.3 919.2 1,738.2 1,482.1 361.3 458.5 643.9 793.7
Other Investing Activities 273.8 118.3 0 0 (93.4) 0 (122.8) (4.1) 0 (98.6) 114.5 31.0 (42.5) (1.0) 79.0 63.4 103.9 8.6 0 (7.0) (7.4) 0 137.7 (158.5) 0 20.0 (0.4) (10.9) 0 0 8.7 4.1 (190.6) 1.1 (1.9) (5.6) 0.0 (4.1) 0 0 (1.3)
Investing Cash Flow (802.2) (2,235.7) (1,322.6) (291.2) (1,526.5) 182.0 (877.7) (680.6) (39.2) 710.7 (289.8) (413.0) (448.9) (290.6) 540.6 516.8 1,674.1 (1,173.7) (779.1) (401.6) (662.4) (309.1) (117.6) (336.4) 563.7 433.7 (513.6) (457.8) 182.9 259.9 150.2 160.5 (190.6) 145.5 (470.7) (222.2) (255.1) (629.3) (240.8) (126.7) 76.2
Financing Activities
Net Debt Issuance 749.3 2,108.5 1,351.1 237.2 1,393.1 (205.3) 885.2 634.2 5.8 (721.3) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (187.5)
Stock Repurchased 0 (0.0) (0.0) (7.3) (0.1) (0.0) (0.5) (0.0) (2.9) (5.5) (0.0) (0.3) (4.0) (20.0) (2.4) (2.2) (0.2) 0 0 (0.0) (0.3) 0.0 (0.0) (0.1) 0 0 0 0.0 (3.0) (18.7) 0 (7.7) 0 0 0 0 0 0 0 0 0
Dividends Paid (67.2) (57.9) (48.0) (40.3) (32.7) (28.4) (25.3) (20.2) (18.6) (21.0) (22.5) (18.9) (18.4) (17.0) (21.5) (24.0) (31.0) (32.0) (24.1) (18.9) (16.0) (13.6) (12.1) (12.6) (15.4) (15.2) (13.9) (12.5) (11.8) (12.4) (13.5) (14.3) (19.1) (20.0) (19.0) (15.0) (13.9) (7.9) (10.4) (9.3) (9.2)
Other Financing Activities (0.7) 244.2 0 0 0 0 0 0 0 0 225.2 479.6 422.6 244.6 (625.1) (705.1) (1,780.0) 1,030.2 699.2 333.0 586.1 314.3 106.6 364.5 (637.9) (365.9) 484.4 462.8 (158.3) (296.8) (128.1) (169.4) 85.5 (176.3) 431.6 227.8 256.9 495.6 237.3 121.3 140.7
Financing Cash Flow 789.2 2,294.8 1,455.5 329.0 1,565.8 (198.2) 969.3 714.7 (2.5) (747.8) 283.2 460.4 400.3 248.2 (649.1) (731.3) (1,811.2) 1,113.7 852.1 438.9 666.7 336.7 110.1 351.8 (633.8) (381.0) 525.9 478.8 (164.6) (327.9) (141.6) (191.4) 66.4 (121.5) 412.6 322.9 255.8 558.9 267.4 118.7 (56.0)
Cash Position
Net Change in Cash 35.6 107.4 160.9 56.2 65.0 1.3 76.7 53.4 3.3 (77.9) 28.9 63.4 (51.3) (43.7) (2.4) (144.1) (23.0) (24.8) 95.5 51.1 29.1 52.2 11.3 34.6 (77.2) 76.4 21.1 38.2 16.7 (69.1) 26.3 5.0 (82.7) 65.4 (38.4) 106.9 18.3 (37.4) 43.4 1 8.3
Cash at Beginning 724.6 617.2 456.3 400.1 335.1 333.7 257.0 203.6 200.3 278.2 249.3 186.0 237.2 281.0 283.4 427.4 450.4 475.2 379.7 328.6 299.5 247.3 236.0 201.4 278.7 202.2 181.1 142.9 126.3 195.3 169.0 164.0 246.7 181.3 219.7 112.7 94.4 110.9 84.3 83.3 57.2
Cash at End 760.1 724.6 617.2 456.3 400.1 335.1 333.7 257.0 203.6 200.3 278.2 249.3 186.0 237.2 281.0 283.4 427.4 450.4 475.2 379.7 328.6 299.5 247.3 236.0 201.4 278.7 202.2 181.1 142.9 126.3 195.3 169.0 164.0 246.7 181.3 219.7 112.7 73.5 127.7 84.3 65.6
Free Cash Flow 48.6 48.3 28.0 18.4 25.8 17.5 (14.8) 19.3 45.0 (40.8) 35.5 16.0 (2.6) (1.3) 106.0 70.5 114.2 35.3 22.5 13.9 24.8 24.5 18.8 19.2 (7.1) 23.8 8.8 17.2 (1.6) (1.1) 17.7 35.9 41.5 41.4 19.7 6.3 17.6 33.0 16.9 9.1 (11.9)
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
Income Statement
Revenue 157.9 132.2 77.5 (28.6) 21.3 9.9 21.6 (0.6) 23.5 31.2 (75.5) 15.1 8.5 39.1 (80.2) (55.6) (144.3) (40.2) 29.7 (13.1) (25.9) 19.3 30.9 51.5 (89.1) 21.3 30.4 36.6 32.7 30.1 48.9 41.3 31.6 29.0 39.7 38.5 31.0 23.7 29.2 8.6 (2.4) 9.9 (7.4) (0.8) 7.3 5.0 8.2 11.7 4.1 1.9 (0.6) (1.1) 0.8 (0.1) 0.8 (0.2) 0.8 0.0 (0.4) 0.7 0.1
Gross Profit 153.4 38.5 77.5 (28.6) 21.3 9.9 21.6 (0.6) 23.5 30.4 (76.2) 14.3 7.8 38.4 (80.2) (56.3) (145.1) (41.1) 29.0 (13.8) (26.7) 18.6 30.1 50.9 (89.6) 20.8 28.8 35.0 31.0 28.3 47.0 39.3 29.5 27.0 37.9 36.8 29.4 22.2 27.9 8.2 (2.8) 9.6 (7.7) (1.2) 7.0 4.5 8.1 11.7 4.1 1.8 (0.6) (1.1) 0.7 (0.1) 0.8 (0.4) 0.8 0.0 (0.4) 0.7 0.1
Operating Income 80.8 32.7 0 0 0 0 0 0 0 27.1 (80.1) 10.2 3.5 34.9 0 (60.1) (148.7) (44.6) 26.0 (16.9) (29.4) 16.5 28.1 48.8 (91.2) 18.6 (8.5) 3.5 10.6 (6.7) (3.0) 1.3 (16.4) (6.0) 15.2 (9.6) 2.4 (20.4) 20.5 6.5 (4.6) 7.8 (9.4) (1.3) 5.5 4.6 7.6 11.3 4.0 1.8 (0.7) (1.2) 0.4 (0.3) 1.0 0 0.8 0 0 0.8 0.2
Net Income (20.0) 103.4 72.1 (33.6) 17.1 5.5 17.3 (5.0) 19.8 27.1 (80.1) 10.2 3.5 34.9 (84.5) (60.1) (148.7) (44.6) 26.0 (16.9) (29.4) 16.5 28.1 48.8 (91.2) 18.6 (8.5) 3.5 10.6 (26.4) (3.0) 1.3 (16.4) (6.0) 15.2 (9.6) 2.4 (20.4) 20.5 6.5 (4.6) 7.8 (9.4) (2.8) 5.5 3.5 6.8 10.6 3.6 1.4 (1.0) (1.5) 0.4 (0.3) 0.5 (0.4) 0.6 (0.1) (1.6) 0.5 0.0
EPS (Diluted) -0.11 0.62 0.53 -0.29 0.18 0.07 0.24 -0.09 0.38 0.52 -1.68 0.25 0.09 0.95 -2.40 -1.70 -4.20 -1.33 1.01 -0.85 -1.72 1.17 2.09 3.68 -7.06 1.47 -0.70 0.34 1.08 -2.54 -0.30 0.15 -1.55 -0.60 1.65 -1.30 0.35 -3.60 4.25 1.45 -1.06 1.79 -2.10 -0.72 1.65 1.20 3.15 5.85 3.55 2.15 -1.50 -2.30 0.60 -0.32 0.56 -0.37 0.63 -0.09 -1.67 0.77 0.02
Balance Sheet
Cash & Equivalents 760.1 724.6 583.9 440.8 396.4 309.3 322.1 241.0 190.4 200.3 278.2 249.3 186.0 237.2 214.2 283.4 427.4 450.4 475.2 379.7 328.6 299.5 247.3 236.0 201.4 193.8 147.4 135.6 125.9 108.3 164.4 137.9 127.2 214.4 161.7 199.8 95.1 73.5 110.9 65.4 65.6
Total Assets 12,671.4 11,676.0 9,139.0 7,610.6 7,304.3 5,721.6 5,916.5 4,929.9 4,214.7 4,264.9 4,936.9 4,730.9 4,266.0 3,865.7 3,805.8 4,474.4 5,187.4 7,068.7 6,177.1 5,107.9 4,930.8 4,058.1 3,812.9 3,700.4 3,162.4 3,882.1 4,253.3 3,726.8 3,257.7 3,395.6 3,761.1 3,908.0 4,122.7 4,023.3 4,144.4 3,982.9 3,401.1 3,138.7 2,668.5 2,317.1 2,203.6
Total Debt 11,223.9 10,244.2 8,007.0 0 0 0 0 0 0 3,705.6 4,426.9 4,201.7 3,769.4 3,378.4 0 3,759.0 4,464.1 6,244.1 5,213.9 4,514.7 4,181.7 3,595.6 3,281.3 3,174.7 2,810.2 3,468.8 3,841.3 3,350.9 2,872.1 3,031.0 3,321.8 3,452.1 3,621.9 3,535.8 3,712.7 3,281.2 3,054.2 2,795.7 2,298.6 2,066.7 1,940.5
Stockholders' Equity 1,391.8 1,371.9 1,086.1 912.0 855.9 668.5 656.0 555.9 481.6 469.9 466.8 490.1 451.4 438.8 400.4 506.4 592.4 768.1 730.6 553.8 466.2 415.3 376.7 346.0 308.1 395.5 392.0 359.7 340.4 336.1 393.3 409.2 429.5 462.2 414.4 418.2 334.2 332.8 294.4 243.7 239.8
Cash Flow
Operating Cash Flow 48.6 48.3 28.0 18.4 25.8 17.5 (14.8) 19.3 45.0 (40.8) 35.5 16.0 (2.6) (1.3) 106.0 70.5 114.2 35.3 22.5 13.9 24.8 24.5 18.8 19.2 (7.1) 23.8 8.8 17.2 (1.6) (1.1) 17.7 35.9 41.5 41.4 19.7 6.3 17.6 33.0 16.9 9.1 (11.9)
Capital Expenditure 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Free Cash Flow 48.6 48.3 28.0 18.4 25.8 17.5 (14.8) 19.3 45.0 (40.8) 35.5 16.0 (2.6) (1.3) 106.0 70.5 114.2 35.3 22.5 13.9 24.8 24.5 18.8 19.2 (7.1) 23.8 8.8 17.2 (1.6) (1.1) 17.7 35.9 41.5 41.4 19.7 6.3 17.6 33.0 16.9 9.1 (11.9)