PCT - PureCycle Technologies, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$13.67
DETAILS
HIGH:
$16.00
LOW:
$12.00
MEDIAN:
$13.00
CONSENSUS:
$13.67
UPSIDE:
101.03%
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||
| Revenue | 4.5 | 4.1 | 2.7 | 2.4 | 1.6 | 1.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of Revenue | 35.5 | 32.2 | 52.1 | 30.4 | 37.3 | 23.3 | 21.9 | 17.0 | 22.2 | 21.2 | 1.3 | 5.7 | 14.0 | 8.5 | 9.6 | 6.5 | 6.4 | 4.0 | 3.3 | 2.7 | 2.4 | 2.1 | 1.6 | 3.6 | 1.8 | 1.7 | 1.1 |
| Gross Profit | (31.0) | (28.1) | (49.4) | (27.9) | (35.6) | (21.7) | (21.9) | (17.0) | (22.2) | (21.2) | (1.3) | (5.7) | (14.0) | (8.5) | (9.6) | (6.5) | (6.4) | (4.0) | (3.3) | (2.7) | (2.4) | (2.1) | (1.6) | (3.6) | (1.8) | (1.7) | (1.1) |
| Operating Expenses | |||||||||||||||||||||||||||
| R&D Expenses | 1.4 | 1.6 | 2.3 | 0.7 | 1.4 | 1.5 | 1.5 | 1.5 | 1.6 | 1.8 | 5.9 | 0.8 | 0.2 | 0.4 | 0.2 | 0.3 | 0.2 | 0.3 | 0.3 | 0.3 | 0.2 | 0.5 | 0.1 | 0.2 | 0.0 | 0.3 | 0.0 |
| SG&A Expenses | 9.6 | 13.0 | 18.8 | 10.3 | 15.9 | 14.5 | 33.7 | 12.8 | 16.1 | 16.0 | 32.2 | 25.1 | 13.6 | 12.9 | 11.6 | 14.4 | 13.0 | 14.7 | 18.2 | 24.5 | 7.3 | 7.6 | 33.2 | 2.2 | 1.0 | 1.2 | 1.4 |
| Other Expenses | (0.7) | (0.8) | (26.4) | 0 | (7.3) | 0 | (21.9) | 0 | 0 | 0 | (10.4) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 10.3 | 13.7 | (5.3) | 11.0 | 10.0 | 16.0 | 13.3 | 14.3 | 17.7 | 17.8 | 27.7 | 25.9 | 13.8 | 13.3 | 11.8 | 14.6 | 13.2 | 15.1 | 18.6 | 24.8 | 7.5 | 8.2 | 33.4 | 2.4 | 1.1 | 1.6 | 1.4 |
| Operating Income | |||||||||||||||||||||||||||
| Operating Income | (41.3) | (41.8) | (44.1) | (38.9) | (45.6) | (37.7) | (35.2) | (31.3) | (39.9) | (39.0) | (29.0) | (31.6) | (27.8) | (21.8) | (21.4) | (21.1) | (19.7) | (19.1) | (21.9) | (27.5) | (9.9) | (10.3) | (34.9) | (6.0) | (2.9) | (3.3) | (2.5) |
| Interest Expense | 15.4 | 15.4 | 15.5 | 16.2 | 17.6 | 15.1 | 15.2 | 14.6 | 12.1 | 15.1 | 16.5 | 10.8 | 2.4 | 0.7 | 0 | 0.2 | 0 | 0.4 | 0.9 | 1.8 | 6.1 | 6.1 | 6.1 | 0.6 | 0.6 | 0.6 | 0.6 |
| Interest Income | 1.0 | 1.4 | 9.7 | 2.9 | 0.6 | 0.4 | 0.7 | 0.4 | 0.5 | 3.6 | 5.8 | 2.1 | 0 | 1.9 | 1.8 | 1.3 | 0.2 | 0 | 0 | 0 | 4.2 | 4.0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | |||||||||||||||||||||||||||
| EBITDA | (32.7) | (9.5) | 6.1 | (4.9) | (118.2) | 32.4 | (41.0) | (68.6) | (29.0) | (60.5) | (5.7) | 25.7 | (50.8) | (23.0) | (7.7) | (33.6) | (13.9) | (23.9) | (17.7) | (18.6) | (8.7) | (23.5) | (34.6) | (5.5) | (2.4) | (3.5) | (2.0) |
| EBIT | (41.3) | (18.1) | (2.3) | (12.1) | (126.6) | 23.9 | (49.6) | (76.1) | (36.2) | (70.6) | (7.0) | 20.0 | (54.1) | (25.2) | (9.4) | (34.8) | (15.0) | (25.0) | (18.5) | (19.1) | (9.2) | (24.0) | (35.1) | (6.0) | (2.9) | (4.0) | (2.5) |
| Income Before Tax | (142.2) | (33.4) | (17.8) | (28.4) | (144.2) | 8.8 | (64.8) | (90.6) | (48.2) | (85.6) | (23.5) | 8.5 | (56.6) | (25.8) | (9.4) | (34.9) | (15.0) | (25.4) | (19.4) | (21.0) | (15.3) | (30.1) | (37.4) | (6.6) | (4.4) | (4.6) | (3.1) |
| Income Tax Expense | 0 | 0 | 1.0 | 0 | 0 | 0 | (0.1) | 0 | 0 | 0 | 0.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income | (142.2) | (33.4) | (18.8) | (28.4) | (144.2) | 8.8 | (64.7) | (90.6) | (48.2) | (85.6) | (24.2) | 8.5 | (56.6) | (25.8) | (9.4) | (34.9) | (15.0) | (25.4) | (19.4) | (21.0) | (15.3) | (30.1) | (41.3) | (6.6) | (4.4) | (4.6) | (3.1) |
| Per Share Data | |||||||||||||||||||||||||||
| EPS (Basic) | -0.80 | -0.19 | -0.07 | -0.19 | -0.81 | 0.05 | -0.39 | -0.54 | -0.29 | -0.52 | -0.15 | 0.03 | -0.34 | -0.16 | -0.06 | -0.21 | -0.09 | -0.19 | -0.19 | -0.18 | -0.09 | -0.51 | -0.08 | -0.28 | -0.19 | -0.16 | -0.05 |
| EPS (Diluted) | -0.80 | -0.19 | -0.07 | -0.18 | -0.81 | 0.05 | -0.39 | -0.54 | -0.29 | -0.52 | -0.15 | 0.03 | -0.34 | -0.16 | -0.06 | -0.21 | -0.09 | -0.19 | -0.19 | -0.18 | -0.09 | -0.51 | -0.08 | -0.28 | -0.19 | -0.16 | -0.05 |
| Shares Outstanding | 184.2 | 180.5 | 179.3 | 180.1 | 179.7 | 177.3 | 164.1 | 166.5 | 164.7 | 164.4 | 164.1 | 164.0 | 163.7 | 163.6 | 159.8 | 163.5 | 163.2 | 133.2 | 102.9 | 118.3 | 117.3 | 51.2 | 10.1 | 27.2 | 27.2 | 33.5 | 75.9 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||||||||||||||||||
| Cash & Cash Equivalents | 165.2 | 90.7 | 156.7 | 237.9 | 284.1 | 22.5 | 15.7 | 83.7 | 10.9 | 25.0 | 99.1 | 199.3 | 28.9 | 38.4 | 63.9 | 56.4 | 118.5 | 198.2 | 33.4 | 36.7 | 37.7 | 252.5 | 64.5 | 0.1 | 0.5 | 0.1 | 0.2 |
| Short-Term Investments | 59.6 | 30.9 | 13.6 | 0 | 0 | 0 | 0 | 0 | 0 | 2.2 | 48.2 | 12.0 | 0 | 0 | 98.6 | 158.5 | 231.3 | 219.8 | 167.4 | 184.6 | 200.4 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 5.8 | 3.8 | 2.0 | 1.6 | 2.1 | 1.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0 | 0 | 0 | 0 |
| Inventory | 18.3 | 12.3 | 9.4 | 10.7 | 10.8 | 8.7 | 8.1 | 6.6 | 6.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 2.6 | 8.6 | 16.3 | 15.2 | 17.9 | 17.0 | 30.1 | 11.2 | 14.9 | 24.0 | 15.3 | 46.0 | 47.0 | 75.4 | 73.7 | 100.0 | 72.8 | 100.2 | 141.9 | 0.1 | 0.1 | 2.2 | 0.3 | 2.7 | 0 | 0 | 0.6 |
| Total Current Assets | 260.8 | 146.4 | 198.0 | 265.4 | 314.9 | 49.7 | 53.9 | 101.5 | 31.9 | 51.2 | 162.6 | 257.3 | 75.8 | 113.8 | 236.2 | 321.0 | 428.9 | 521.3 | 345.3 | 224.0 | 241.5 | 259.3 | 64.9 | 5.2 | 0.6 | 0.1 | 2.9 |
| Non-Current Assets | |||||||||||||||||||||||||||
| Property, Plant & Equipment | 729.4 | 727.2 | 712.0 | 710.9 | 714.9 | 724.0 | 730.9 | 672.7 | 673.3 | 670.8 | 668.5 | 656.0 | 658.7 | 598.5 | 524.9 | 458.2 | 357.4 | 280.3 | 225.2 | 189.2 | 138.4 | 108.4 | 74.1 | 32.8 | 0 | 0 | 30.4 |
| 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 | 0 | 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 | 0 | 9.4 | 0 | 9.3 | 9.3 | 9.2 | 9.2 | 9.7 | 9.7 | 0 | 0 | 0 | 0 | 157.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 266.1 | 0 | 76.5 | 0 | 0 |
| Other Non-Current Assets | 12.4 | 3.0 | 12.7 | 3.4 | 3.4 | 4.4 | 4.4 | 4.8 | 4.9 | 12.0 | 208.2 | 158.5 | 158.5 | 5.7 | 100.3 | 107.9 | 100.2 | 97.2 | 94.1 | 278.7 | 305.2 | 317.5 | 2.9 | 0 | 0 | 0.1 | 0 |
| Total Non-Current Assets | 741.9 | 739.6 | 724.6 | 723.7 | 727.6 | 737.7 | 744.5 | 687.3 | 687.8 | 682.8 | 876.7 | 814.5 | 817.2 | 761.6 | 625.1 | 566.0 | 457.6 | 377.4 | 319.3 | 467.9 | 443.7 | 425.9 | 343.0 | 32.8 | 76.5 | 0.1 | 30.4 |
| Total Assets | 1,002.6 | 886.0 | 922.7 | 989.1 | 1,042.5 | 787.3 | 798.4 | 788.8 | 719.8 | 734.0 | 1,039.4 | 1,071.8 | 893.0 | 875.4 | 861.3 | 887.1 | 886.5 | 898.8 | 664.7 | 691.9 | 685.1 | 685.3 | 408.0 | 38.0 | 77.2 | 0.2 | 33.3 |
| Current Liabilities | |||||||||||||||||||||||||||
| Account Payables | 13.1 | 12.8 | 9.2 | 4.4 | 11.6 | 6.8 | 6.6 | 2.3 | 4.2 | 8.4 | 2.9 | 6.8 | 10.9 | 22.6 | 1.7 | 7.1 | 5.1 | 1.8 | 1.4 | 2.1 | 0.6 | 1.5 | 1.1 | 1.9 | 0.1 | 0.0 | 2.4 |
| Short-Term Debt | 9.9 | 11.0 | 17.1 | 23.8 | 25.6 | 23.1 | 23.3 | 11.9 | 5.0 | 3.2 | 9.1 | 7.1 | 6.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.0 | 0.3 | 0.1 | 16.3 | 0 | 0.2 | 6.9 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 46.4 | 61.7 | 61.2 | 90.2 | 80.8 | 27.9 | 5.1 | 9.1 | 0 | 0 | 0 | 2.4 | 2.4 | 0 | 0 | 2.2 | 0 | 0 | 0 | 0 | 0 | 0 | 31.9 | 0 | 0 | 0.0 | 0 |
| Total Current Liabilities | 100.2 | 85.6 | 87.6 | 118.4 | 147.1 | 90.6 | 90.9 | 58.3 | 47.6 | 43.6 | 55.6 | 52.0 | 54.4 | 70.6 | 38.3 | 45.8 | 33.4 | 27.3 | 38.5 | 54.3 | 43.2 | 30.6 | 33.1 | 20.9 | 0.1 | 0.2 | 10.5 |
| Non-Current Liabilities | |||||||||||||||||||||||||||
| Long-Term Debt | 424.3 | 663.3 | 706.7 | 654.6 | 349.9 | 340.3 | 323.4 | 329.5 | 309.3 | 284.4 | 507.4 | 506.3 | 283.8 | 233.8 | 233.5 | 233.3 | 233 | 232.8 | 232.5 | 291.9 | 291.2 | 289.0 | 262.2 | 1.0 | 0 | 0 | 13 |
| 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 |
| Other Non-Current Liabilities | 78.6 | 60.1 | 25.1 | 89.9 | 387.6 | 59.2 | 144.0 | 129.2 | 40.7 | 37.9 | 23.9 | 39.4 | 88.3 | 62.0 | 57.0 | 67.4 | 52.5 | 57.0 | 7.2 | 10.6 | 17.9 | 18.3 | 1 | 9.2 | 0 | 0 | 7.4 |
| Total Non-Current Liabilities | 571.4 | 793.0 | 789.2 | 802.5 | 796.5 | 458.5 | 527.1 | 489.1 | 380.5 | 353.6 | 563.5 | 578.3 | 404.4 | 317.3 | 312.2 | 322.8 | 302.2 | 308.3 | 244.7 | 307.5 | 315.1 | 313.3 | 263.2 | 10.2 | 2.7 | 0 | 20.4 |
| Total Liabilities | 671.6 | 878.6 | 876.8 | 920.9 | 943.6 | 549.1 | 617.9 | 547.4 | 428.1 | 397.2 | 619.1 | 630.3 | 458.8 | 387.9 | 350.5 | 368.6 | 335.5 | 335.6 | 283.1 | 361.8 | 358.3 | 343.9 | 296.2 | 31.1 | 2.8 | 0.2 | 30.9 |
| Stockholders' Equity | |||||||||||||||||||||||||||
| Common Stock | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.4 | 0.0 | 0.0 | 0.4 |
| Retained Earnings | (991.6) | (849.4) | (815.9) | (797.2) | (768.8) | (624.5) | (633.4) | (568.7) | (478.1) | (429.8) | (344.2) | (320.1) | (324.9) | (268.4) | (242.5) | (233.2) | (198.2) | (183.2) | (157.8) | (138.4) | (129.5) | (114.2) | (80.7) | (43.3) | (0.1) | (0.0) | (27.7) |
| Accumulated Other Comprehensive Income | (0.6) | (0.6) | (0.3) | (0.3) | (0.2) | (0.0) | 0.1 | (0.1) | 0.0 | 0.0 | (0.0) | (0.0) | 0 | 0 | (0.6) | (1.0) | (1.0) | (0.6) | (0.2) | (0.0) | (0.1) | 0 | 0 | 6.6 | 0 | 0 | 0 |
| Total Stockholders' Equity | 331.0 | 7.4 | 45.9 | 68.2 | 98.9 | 238.2 | 180.4 | 241.4 | 291.6 | 336.8 | 420.2 | 441.6 | 434.2 | 487.6 | 510.9 | 518.5 | 551.0 | 563.2 | 381.5 | 330.1 | 326.8 | 341.3 | 111.7 | 6.8 | 74.4 | 0.0 | 2.4 |
| Total Liabilities & Equity | 1,002.6 | 886.0 | 922.7 | 989.1 | 1,042.5 | 787.3 | 798.4 | 788.8 | 719.8 | 734.0 | 1,039.4 | 1,071.8 | 893.0 | 875.4 | 861.3 | 887.1 | 886.5 | 898.8 | 664.7 | 691.9 | 685.1 | 685.3 | 408.0 | 38.0 | 77.2 | 0.2 | 33.3 |
| Debt Metrics | |||||||||||||||||||||||||||
| Total Debt | 502.1 | 738.9 | 776.2 | 731.4 | 433.2 | 417.4 | 401.3 | 366.8 | 339.7 | 313.9 | 543.8 | 541.0 | 317.6 | 250.3 | 250.1 | 250.4 | 244.7 | 246.3 | 232.5 | 291.9 | 291.3 | 289.3 | 262.3 | 17.3 | 0 | 0.2 | 19.9 |
| Net Debt | 336.9 | 648.2 | 619.5 | 493.5 | 149.2 | 394.9 | 385.6 | 283.1 | 328.9 | 288.8 | 444.7 | 341.6 | 288.7 | 211.9 | 186.2 | 193.9 | 126.2 | 48.1 | 199.1 | 255.3 | 253.6 | 36.7 | 197.8 | 17.2 | (0.5) | 0.1 | 19.8 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||||||
| Net Income | (142.2) | (33.4) | (18.8) | (28.4) | (144.2) | 8.8 | (64.7) | (90.6) | (48.2) | (85.6) | (24.2) | 8.5 | (56.6) | (25.8) | (9.4) | (34.9) | (15.0) | (25.4) | (19.4) | (21.0) | (11.1) | (30.1) | (41.3) | (6.6) | (4.4) | (4.6) | (3.1) |
| Depreciation & Amortization | 7.4 | 8.5 | 8.4 | 8.4 | 8.4 | 8.5 | 8.6 | 8.2 | 7.9 | 10.0 | 2.1 | 6.4 | 3.3 | 2.2 | 1.7 | 1.3 | 1.1 | 1.1 | 0.8 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 |
| Stock-Based Compensation | 2.0 | 2.5 | 2.3 | 2.9 | 6.4 | 3.4 | 3.0 | 2.9 | 3.1 | 2.7 | 3.1 | 3.3 | 3.3 | 2.2 | 1.4 | 3.0 | 3.3 | 3.2 | 7.9 | 13.6 | 0.8 | 0.3 | 3.1 | 2.0 | 0.2 | 0.4 | 0.4 |
| Change in Working Capital | (11.8) | (5.4) | 16.2 | (4.8) | (0.5) | (3.4) | 0.4 | (3.7) | (3.0) | (3.7) | (1.5) | 8.5 | (3.6) | 1.7 | 1.3 | 0.7 | (3.2) | (2.0) | 0.7 | 7.0 | (4.6) | (5.8) | 19.7 | 0.2 | 0.4 | (1.9) | 4.3 |
| Other Non-Cash Items | 94.6 | (14.9) | (36.7) | (16.6) | 93.2 | (56.1) | 20.8 | 49.9 | (0.2) | 37.4 | (13.8) | (47.6) | 27.9 | 5.0 | (10.3) | 14.9 | (4.4) | 6.2 | 9.9 | (7.4) | 0.2 | 14.6 | 10.9 | 0.3 | 1.1 | 0.7 | (0.0) |
| Operating Cash Flow | (50.0) | (42.7) | (28.7) | (38.5) | (36.7) | (38.9) | (31.8) | (33.4) | (40.4) | (39.2) | (33.6) | (20.9) | (25.7) | (14.8) | (15.3) | (15.1) | (18.2) | (16.9) | (8.0) | (7.2) | (14.2) | (20.6) | (7.2) | (3.6) | (2.3) | (4.9) | 2.1 |
| Investing Activities | |||||||||||||||||||||||||||
| Capital Expenditure | (31.7) | (3.4) | (13.3) | (3.9) | (8.6) | (15.0) | (21.6) | (9.3) | (10.4) | (14.3) | (11.2) | (18.4) | (77.6) | (46.6) | (75.1) | (85.0) | (74.9) | (52.2) | (49.2) | (37.7) | (16.6) | (33.9) | (27.4) | (0.9) | (0.8) | (0.8) | (3.6) |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.1) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (56.4) | (31.7) | (13.6) | 0 | 0 | 0 | 0 | 0 | 0 | (30.6) | (45.6) | (12.0) | 0 | 0 | 0 | (14.6) | (79.7) | (98.1) | 0 | (28.5) | (200.7) | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 27.7 | 14.4 | 0 | 0 | 0 | 0 | 0 | 0 | 2.2 | 77.0 | 10 | 0 | 0 | 99.4 | 60.5 | 87.7 | 113.0 | 45.2 | 61.0 | 44.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | (45.2) | 0 | (44.2) | 0 | 0 | 0 | 0 | 0.0 | 0 | 0 | 0 |
| Investing Cash Flow | (60.4) | (20.6) | (27.0) | (3.9) | (8.6) | (15.0) | (21.6) | (9.3) | (8.2) | 32.0 | (46.8) | (30.5) | (77.6) | 52.7 | (14.6) | (11.9) | (86.8) | (105.1) | (32.4) | (21.9) | (217.3) | (33.9) | (27.4) | (0.9) | (0.8) | (0.8) | (3.6) |
| Financing Activities | |||||||||||||||||||||||||||
| Net Debt Issuance | 46.4 | (1.1) | (20.8) | (10.0) | 4.4 | 16.4 | 3.3 | 24.2 | 32.1 | (253.2) | (0.6) | 227.4 | 57.7 | 0 | 0 | 0 | 0 | 0 | (0.0) | (0.0) | (0.1) | 0.1 | 286.8 | (0.9) | 0.3 | (0.6) | 0.0 |
| Stock Repurchased | (0.3) | (2.2) | (0.4) | (1.7) | (1.1) | (1.7) | (0.4) | (0.5) | (0.1) | (0.6) | (0.2) | (0.8) | (0.0) | (0.3) | (0.1) | (0.5) | (0.0) | (1.0) | (1.7) | 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 |
| Other Financing Activities | (21.5) | (1.5) | (2.3) | 2.0 | 302.4 | 2 | (1.7) | 51.0 | 0.1 | (1.6) | (0.4) | (7.4) | (2.0) | (1.4) | (0.0) | (0.0) | (0.0) | 43.1 | (0.5) | 0.2 | 0 | (4.6) | (11.8) | (0.5) | 0 | (2.3) | 0 |
| Financing Cash Flow | 187.6 | (4.6) | (23.6) | (8.3) | 305.8 | 49.8 | 1.3 | 112.8 | 32.1 | (255.4) | (1.3) | 219.2 | 55.7 | (1.6) | (0.1) | (0.5) | (0.0) | 248.2 | (5.3) | 0.2 | (0.1) | 294.0 | 365.0 | 3.3 | 1.2 | 8.6 | 1.5 |
| Cash Position | |||||||||||||||||||||||||||
| Net Change in Cash | 77.2 | (68.0) | (79.2) | (50.7) | 260.5 | (4.0) | (52.1) | 70.2 | (16.5) | (262.6) | (81.6) | 167.8 | (47.5) | 36.4 | (30.0) | (27.5) | (105.0) | 126.2 | 138.6 | (29.0) | (231.5) | 239.5 | 330.5 | (1.2) | (1.8) | 3.0 | (0.0) |
| Cash at Beginning | 100.1 | 158.7 | 247.3 | 288.7 | 37.5 | 41.5 | 93.7 | 23.5 | 39.9 | 302.5 | 384.1 | 216.3 | 263.9 | 227.5 | 257.5 | 285.1 | 390.0 | 263.9 | 36.7 | 338.6 | 570.1 | 330.6 | 0.1 | 1.3 | 3.1 | 0.1 | 0.2 |
| Cash at End | 177.3 | 90.7 | 168.0 | 237.9 | 297.9 | 37.5 | 41.5 | 93.7 | 23.5 | 39.9 | 302.5 | 384.1 | 216.3 | 263.9 | 227.5 | 257.5 | 285.1 | 390.0 | 175.3 | 309.6 | 338.6 | 570.1 | 330.6 | 0.1 | 1.3 | 3.1 | 0.2 |
| Free Cash Flow | (81.8) | (46.1) | (42.0) | (42.4) | (45.3) | (53.9) | (53.4) | (42.6) | (50.8) | (53.5) | (44.8) | (39.3) | (103.3) | (61.4) | (90.4) | (100.1) | (93.1) | (69.1) | (57.2) | (44.9) | (30.8) | (54.5) | (34.6) | (4.5) | (3.1) | (5.7) | (1.5) |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||||||||||||
| Revenue | 4.5 | 4.1 | 2.7 | 2.4 | 1.6 | 1.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | (31.0) | (28.1) | (49.4) | (27.9) | (35.6) | (21.7) | (21.9) | (17.0) | (22.2) | (21.2) | (1.3) | (5.7) | (14.0) | (8.5) | (9.6) | (6.5) | (6.4) | (4.0) | (3.3) | (2.7) | (2.4) | (2.1) | (1.6) | (3.6) | (1.8) | (1.7) | (1.1) |
| Operating Income | (41.3) | (41.8) | (44.1) | (38.9) | (45.6) | (37.7) | (35.2) | (31.3) | (39.9) | (39.0) | (29.0) | (31.6) | (27.8) | (21.8) | (21.4) | (21.1) | (19.7) | (19.1) | (21.9) | (27.5) | (9.9) | (10.3) | (34.9) | (6.0) | (2.9) | (3.3) | (2.5) |
| Net Income | (142.2) | (33.4) | (18.8) | (28.4) | (144.2) | 8.8 | (64.7) | (90.6) | (48.2) | (85.6) | (24.2) | 8.5 | (56.6) | (25.8) | (9.4) | (34.9) | (15.0) | (25.4) | (19.4) | (21.0) | (15.3) | (30.1) | (41.3) | (6.6) | (4.4) | (4.6) | (3.1) |
| EPS (Diluted) | -0.80 | -0.19 | -0.07 | -0.18 | -0.81 | 0.05 | -0.39 | -0.54 | -0.29 | -0.52 | -0.15 | 0.03 | -0.34 | -0.16 | -0.06 | -0.21 | -0.09 | -0.19 | -0.19 | -0.18 | -0.09 | -0.51 | -0.08 | -0.28 | -0.19 | -0.16 | -0.05 |
| Balance Sheet | |||||||||||||||||||||||||||
| Cash & Equivalents | 165.2 | 90.7 | 156.7 | 237.9 | 284.1 | 22.5 | 15.7 | 83.7 | 10.9 | 25.0 | 99.1 | 199.3 | 28.9 | 38.4 | 63.9 | 56.4 | 118.5 | 198.2 | 33.4 | 36.7 | 37.7 | 252.5 | 64.5 | 0.1 | 0.5 | 0.1 | 0.2 |
| Total Assets | 1,002.6 | 886.0 | 922.7 | 989.1 | 1,042.5 | 787.3 | 798.4 | 788.8 | 719.8 | 734.0 | 1,039.4 | 1,071.8 | 893.0 | 875.4 | 861.3 | 887.1 | 886.5 | 898.8 | 664.7 | 691.9 | 685.1 | 685.3 | 408.0 | 38.0 | 77.2 | 0.2 | 33.3 |
| Total Debt | 502.1 | 738.9 | 776.2 | 731.4 | 433.2 | 417.4 | 401.3 | 366.8 | 339.7 | 313.9 | 543.8 | 541.0 | 317.6 | 250.3 | 250.1 | 250.4 | 244.7 | 246.3 | 232.5 | 291.9 | 291.3 | 289.3 | 262.3 | 17.3 | 0 | 0.2 | 19.9 |
| Stockholders' Equity | 331.0 | 7.4 | 45.9 | 68.2 | 98.9 | 238.2 | 180.4 | 241.4 | 291.6 | 336.8 | 420.2 | 441.6 | 434.2 | 487.6 | 510.9 | 518.5 | 551.0 | 563.2 | 381.5 | 330.1 | 326.8 | 341.3 | 111.7 | 6.8 | 74.4 | 0.0 | 2.4 |
| Cash Flow | |||||||||||||||||||||||||||
| Operating Cash Flow | (50.0) | (42.7) | (28.7) | (38.5) | (36.7) | (38.9) | (31.8) | (33.4) | (40.4) | (39.2) | (33.6) | (20.9) | (25.7) | (14.8) | (15.3) | (15.1) | (18.2) | (16.9) | (8.0) | (7.2) | (14.2) | (20.6) | (7.2) | (3.6) | (2.3) | (4.9) | 2.1 |
| Capital Expenditure | (31.7) | (3.4) | (13.3) | (3.9) | (8.6) | (15.0) | (21.6) | (9.3) | (10.4) | (14.3) | (11.2) | (18.4) | (77.6) | (46.6) | (75.1) | (85.0) | (74.9) | (52.2) | (49.2) | (37.7) | (16.6) | (33.9) | (27.4) | (0.9) | (0.8) | (0.8) | (3.6) |
| Free Cash Flow | (81.8) | (46.1) | (42.0) | (42.4) | (45.3) | (53.9) | (53.4) | (42.6) | (50.8) | (53.5) | (44.8) | (39.3) | (103.3) | (61.4) | (90.4) | (100.1) | (93.1) | (69.1) | (57.2) | (44.9) | (30.8) | (54.5) | (34.6) | (4.5) | (3.1) | (5.7) | (1.5) |