PLMR - Palomar Holdings, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$158.50
DETAILS
HIGH:
$165.00
LOW:
$152.00
MEDIAN:
$158.50
CONSENSUS:
$158.50
UPSIDE:
18.38%
| 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 | 2018 Q4 | 2018 Q3 | 2018 Q2 | 2018 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||
| Revenue | 314.4 | 278.9 | 253.4 | 244.7 | 201.0 | 174.6 | 155.6 | 148.4 | 131.3 | 118.5 | 105.4 | 91.0 | 90.4 | 89.2 | 88.6 | 80.7 | 79.7 | 78.1 | 73.2 | 67.7 | 57.7 | 49.2 | 42.3 | 45.0 | 43.1 | 38.0 | 34.6 | 30.5 | 25.9 | 22.3 | 15.6 | 18.9 | 19.9 | 18.5 |
| Cost of Revenue | 170.2 | 87.1 | 70.9 | 129.1 | 97.8 | 85.2 | 77.8 | 81.8 | 66.2 | 58.6 | 46.9 | 43.1 | 44.0 | 46.3 | 45.3 | 58.1 | 43.1 | 43.0 | 37.5 | 54.9 | 29.7 | 14.9 | 35.3 | 59.0 | 18.9 | 14.9 | 13.3 | 12.7 | 9.6 | 7.3 | 5.8 | 11.8 | 8.2 | 8.7 |
| Gross Profit | 144.2 | 191.8 | 182.5 | 115.6 | 103.2 | 89.4 | 77.9 | 66.6 | 65.1 | 59.9 | 58.5 | 47.9 | 46.4 | 42.9 | 43.4 | 22.6 | 36.6 | 35.1 | 35.7 | 12.8 | 28.1 | 34.4 | 7.0 | (14.0) | 24.3 | 23.1 | 21.4 | 17.8 | 16.3 | 15.0 | 9.8 | 7.2 | 11.7 | 9.8 |
| 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 |
| SG&A 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 |
| Other Expenses | 74.4 | 138.4 | 109.8 | 48.4 | 43.3 | 35.7 | 32.9 | 28.1 | 31.7 | 25.5 | 25.0 | 23.3 | 23.4 | 20.2 | 18.4 | 17.4 | 18.3 | 16.0 | 14.3 | 12.7 | 12.5 | 14.2 | 9.4 | 7.8 | 9.0 | 8.0 | 7.0 | 8.3 | 7.8 | 29.3 | 5.7 | 5.6 | 4.8 | 4.2 |
| Operating Expenses | 74.4 | 138.4 | 109.8 | 48.4 | 43.3 | 35.7 | 32.9 | 28.1 | 31.7 | 25.5 | 25.0 | 23.3 | 23.4 | 20.2 | 18.4 | 17.4 | 18.3 | 16.0 | 14.3 | 12.7 | 12.5 | 14.2 | 9.4 | 7.8 | 9.0 | 8.0 | 7.0 | 8.3 | 7.8 | 29.3 | 5.7 | 5.6 | 4.8 | 4.2 |
| Operating Income | ||||||||||||||||||||||||||||||||||
| Operating Income | 69.8 | 53.5 | 72.7 | 67.1 | 59.9 | 53.7 | 45.0 | 38.5 | 33.4 | 34.4 | 33.5 | 24.5 | 23.0 | 22.6 | 25.0 | 5.2 | 18.3 | 19.1 | 21.4 | 0.1 | 15.5 | 20.1 | (2.4) | (21.8) | 15.3 | 15.2 | 14.4 | 9.4 | 8.5 | (14.3) | 4.1 | 1.6 | 6.9 | 5.6 |
| Interest Expense | 4.9 | 3.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.7 | 0.8 | 0.9 | 1.1 | 1.0 | 0.4 | 0.3 | 0.1 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.6 | 0.4 | 0.9 | 0.6 | 0.4 | 0.4 |
| Interest Income | 20.5 | 18.3 | 16.4 | 14.8 | 13.6 | 12.3 | 11.5 | 9.6 | 7.9 | 7.5 | 7.2 | 6.2 | 5.7 | 5.2 | 4.5 | 3.9 | 3.3 | 2.7 | 2.6 | 2.4 | 2.3 | 2.3 | 2.4 | 2.3 | 2.2 | 2.1 | 1.9 | 1.8 | 1.6 | 1.0 | 1.1 | 0.9 | 0.8 | 0.7 |
| Profitability | ||||||||||||||||||||||||||||||||||
| EBITDA | 83.9 | 56.6 | 78.3 | 68.6 | 61.3 | 54.5 | 45.0 | 38.6 | 33.6 | 35.1 | 37.5 | 25.4 | 24.5 | 24.0 | 28.5 | 5.5 | 18.4 | 19.2 | 21.4 | 0.1 | 15.8 | 20.1 | (1.1) | (21.8) | 15.3 | 15.2 | 15.5 | 9.4 | 9.1 | (13.8) | 5.2 | 2.2 | 7.4 | 6.0 |
| EBIT | 74.8 | 56.6 | 72.7 | 67.3 | 60.0 | 53.8 | 45.0 | 38.6 | 33.6 | 35.1 | 34.3 | 25.4 | 24.1 | 23.6 | 25.4 | 5.5 | 18.4 | 19.2 | 21.4 | 0.1 | 15.5 | 20.1 | (2.4) | (21.8) | 15.3 | 15.2 | 14.4 | 9.4 | 9.1 | (13.8) | 5.0 | 2.2 | 7.4 | 6.0 |
| Income Before Tax | 69.8 | 53.5 | 72.7 | 67.1 | 59.9 | 53.7 | 45.0 | 38.5 | 33.4 | 34.4 | 33.5 | 24.5 | 23.0 | 22.6 | 25.0 | 5.2 | 18.3 | 19.1 | 21.4 | 0.1 | 15.5 | 20.1 | (2.4) | (21.8) | 15.3 | 15.2 | 14.4 | 9.4 | 8.5 | (14.3) | 4.1 | 1.6 | 6.9 | 5.6 |
| Income Tax Expense | 17.2 | 10.5 | 16.5 | 15.7 | 13.4 | 10.8 | 10.0 | 8.0 | 7.6 | 8.0 | 7.6 | 6.1 | 5.5 | 5.3 | 6.2 | 0.9 | 3.7 | 4.5 | 4.8 | (0.1) | 3.2 | 3.5 | (0.6) | (6.2) | 3.3 | 3.4 | 3.5 | 2.0 | 1.8 | 0.1 | (0.0) | 0.0 | 0.0 | (0.0) |
| Net Income | 52.6 | 42.9 | 56.2 | 51.5 | 46.5 | 42.9 | 35.0 | 30.5 | 25.7 | 26.4 | 25.9 | 18.4 | 17.6 | 17.3 | 18.8 | 4.3 | 14.6 | 14.5 | 16.6 | 0.2 | 12.3 | 16.6 | (1.8) | (15.7) | 12.0 | 11.8 | 10.9 | 7.5 | 6.7 | (14.4) | 4.1 | 1.6 | 6.9 | 5.6 |
| Per Share Data | ||||||||||||||||||||||||||||||||||
| EPS (Basic) | 2.00 | 1.62 | 2.12 | 1.93 | 1.74 | 1.61 | 1.32 | 1.18 | 1.03 | 1.06 | 1.05 | 0.75 | 0.71 | 0.69 | 0.74 | 0.17 | 0.58 | 0.57 | 0.65 | 0.01 | 0.48 | 0.65 | -0.08 | -0.62 | 0.49 | 0.49 | 0.46 | 0.32 | 0.30 | -0.85 | 0.18 | 0.07 | 0.31 | 0.25 |
| EPS (Diluted) | 1.94 | 1.57 | 2.06 | 1.87 | 1.68 | 1.57 | 1.29 | 1.15 | 1.00 | 1.04 | 1.02 | 0.73 | 0.69 | 0.68 | 0.73 | 0.17 | 0.57 | 0.56 | 0.64 | 0.01 | 0.47 | 0.63 | -0.07 | -0.62 | 0.48 | 0.48 | 0.45 | 0.31 | 0.30 | -0.64 | 0.18 | 0.07 | 0.31 | 0.25 |
| Shares Outstanding | 26.3 | 26.6 | 26.5 | 26.7 | 26.7 | 26.7 | 26.5 | 25.8 | 24.9 | 24.9 | 24.7 | 24.7 | 24.8 | 25.0 | 25.2 | 25.2 | 25.2 | 25.4 | 26.0 | 25.4 | 26.1 | 26.3 | 23.8 | 25.3 | 25.0 | 24.5 | 24.0 | 23.9 | 22.1 | 17.0 | 17.2 | 17.4 | 17.0 | 17.0 |
| 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 | 2018 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 62.7 | 56.5 | 106.9 | 111.7 | 81.3 | 119.3 | 80.4 | 86.5 | 47.8 | 61.4 | 51.5 | 53.0 | 58.3 | 80.3 | 68.1 | 29.5 | 36.5 | 46.9 | 50.3 | 41.4 | 24.9 | 23.6 | 33.5 | 14.0 | 109.3 | 23.8 | 33.1 | 16.5 | 14.4 | 10.5 | 9.5 |
| Short-Term Investments | 1,502.9 | 697.9 | 618.3 | 549.9 | 544.3 | 501.9 | 470.4 | 429.3 | 343.4 | 330.5 | 643.8 | 276.1 | 241.6 | 554.5 | 515.1 | 476.8 | 478.5 | 444.3 | 432.7 | 408.0 | 396.6 | 402.3 | 398.0 | 390.8 | 282.9 | 273.4 | 217.2 | 224.0 | 208.1 | 126.9 | 122.2 |
| Net Receivables | 655.9 | 1,078.8 | 933.2 | 951.4 | 937.3 | 734.4 | 700.9 | 745.7 | 738.4 | 643.3 | 538.8 | 522.3 | 498.9 | 417.3 | 356.5 | 363.8 | 252.3 | 240.4 | 245.3 | 259.0 | 266.5 | 267.8 | 153.6 | 151.2 | 69.3 | 54.0 | 53.5 | 0 | 0 | 0 | 33.2 |
| Inventory | (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 | (80.3) | 0 | 0 | 0 | 0 |
| Other Current Assets | (781.7) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 477.2 | (1,044.2) | (1,027.8) | (949.6) | (1,499.9) | (1,111.2) | (1,041.3) | (1,284.5) | (1,143.7) | (1,052.7) | (897.0) | (816.6) | (786.6) | (751.4) | (725.5) | (727.8) | 0 | (584.5) | (485.8) | (376.8) | 54.2 | 0 | 0 | 0 | 0 |
| Total Current Assets | 1,565.5 | 2,239.3 | 2,014.2 | 1,974.3 | 1,895.8 | 1,650.9 | 2,005.1 | 515.8 | 405.3 | 384.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 585.1 | 0 | 0 | 0 | 303.8 | 240.5 | 222.5 | 137.4 | 164.9 |
| Non-Current Assets | |||||||||||||||||||||||||||||||
| Property, Plant & Equipment | 2.7 | 2.3 | 2.6 | 2.7 | 2.9 | 2.4 | 0.4 | 0.4 | 0.3 | 0.3 | 0.4 | 0.4 | 0.5 | 0.5 | 0.6 | 0.7 | 0.7 | 0.5 | 0.5 | 0.6 | 0.6 | 0.7 | 0.7 | 0.8 | 0.8 | 0.8 | 0.8 | 0.9 | 0.9 | 0.9 | 0.9 |
| Goodwill | 135.6 | 0 | 30.5 | 0 | 0 | 0 | 3.8 | 0 | 0 | 0 | 3.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 101.2 | 387.8 | 158.3 | 187.6 | 179.2 | 127.8 | 9.5 | 11.1 | 11.5 | 11.9 | 8.6 | 12.7 | 13.1 | 7.9 | 8.3 | 8.6 | 8.9 | 9.2 | 9.5 | 10.5 | 10.8 | 11.2 | 11.5 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 |
| Long-Term Investments | 925.3 | 864.6 | 733.7 | 663.2 | 630.7 | 547.5 | 517.3 | 925.7 | 727.2 | 702.8 | 689.6 | 634.7 | 601.5 | 593.8 | 553.6 | 512.3 | 516.0 | 486.3 | 465.9 | 425.4 | 402.2 | 412.8 | 422.3 | 435.8 | 320.5 | 296.2 | 239.5 | 246.3 | 230.4 | 148.7 | 147.4 |
| Other Non-Current Assets | (925.3) | 118.4 | 110.9 | 113.1 | 120.7 | 92.3 | (273.9) | 196.4 | 1,277.0 | 1,169.7 | (702.3) | (647.8) | (615.1) | (602.3) | (562.5) | (521.5) | (525.6) | (496.0) | (476.0) | (436.5) | (413.7) | (424.7) | (8.6) | (437.3) | (322.0) | (297.8) | (4.6) | (246.3) | (230.4) | (148.7) | (149.1) |
| Total Non-Current Assets | 239.4 | 1,373.0 | 1,036.7 | 969.2 | 936.6 | 775.6 | 257.1 | 1,137.7 | 2,016.0 | 1,884.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 434.6 | 0 | 0 | 0 | 241.1 | 1.6 | 1.6 | 2.2 | 149.1 |
| Total Assets | 3,964.2 | 3,612.3 | 3,051.0 | 2,943.5 | 2,832.5 | 2,426.5 | 2,262.2 | 2,276.0 | 2,016.0 | 1,884.7 | 1,708.0 | 1,626.3 | 1,546.3 | 1,441.0 | 1,306.5 | 1,216.5 | 1,051.1 | 957.4 | 925.7 | 876.8 | 829.7 | 825.9 | 729.1 | 699.8 | 584.0 | 443.6 | 395.5 | 372.8 | 349.4 | 246.2 | 231.1 |
| Current Liabilities | |||||||||||||||||||||||||||||||
| Account Payables | 159.3 | 378.7 | 387.1 | 362.8 | 447.7 | 244.5 | 260.2 | 310.6 | 283.2 | 255.0 | 224.1 | 243.6 | 224.4 | 192.4 | 171.9 | 166.6 | 103.2 | 73.9 | 58.7 | 54.0 | 50.0 | 37.3 | 43.0 | 24.9 | 21.0 | 20.3 | 24.9 | 27.5 | 26.7 | 18.0 | 19.9 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 1.1 | 0 | 0 | 43 | 52.6 | 52.6 | 71.4 | 71.4 | 36.4 | 26.4 | 23 | 15 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 1,226.1 | 1,148.5 | 988.1 | 979.4 | 901.0 | 813.5 | 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 |
| Other Current Liabilities | (1,385.4) | 822.8 | 733.1 | 721.5 | 636.6 | 578.1 | (261.3) | (310.6) | (283.2) | 58.5 | (284.0) | (296.2) | (295.8) | (263.8) | (208.3) | (193.0) | (126.2) | (88.9) | (58.7) | (54.0) | (50.0) | (37.3) | 0 | (24.9) | (27.7) | (24.3) | (24.9) | (27.5) | (26.7) | (18.0) | (19.9) |
| Total Current Liabilities | 0 | 2,355.9 | 2,108.3 | 2,065.4 | 1,985.3 | 1,636.1 | 0 | 0 | 0 | 363.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 43.0 | 0 | 0 | 0 | 1.1 | 0.1 | 3.3 | 1.6 | 25.0 |
| Non-Current Liabilities | |||||||||||||||||||||||||||||||
| Long-Term Debt | 295.8 | 297.4 | 0 | 0 | 0 | 0 | 6.7 | 0 | 0 | 43 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19.1 | 19.1 |
| Deferred Tax Liabilities | 10.9 | 10.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.9 | 4.4 | 4.4 | 3.2 | 5.4 | 4.2 | 4.5 | 1.0 | 2.0 | 1.8 | 0.1 | 0 | 0 |
| Other Non-Current Liabilities | 1,645.0 | (10.8) | 0 | 0 | 0 | 0 | 381.9 | 1,572.7 | 798.8 | 357.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (3.9) | (4.4) | (4.4) | (3.2) | 0 | (4.2) | (4.5) | (1.0) | 0 | 162.4 | 146.4 | 123.7 | 0 |
| Total Non-Current Liabilities | 1,951.7 | 297.4 | 0 | 0 | 0 | 0 | 395.3 | 1,572.7 | 798.8 | 400.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.4 | 0 | 0 | 0 | 2.0 | 164.2 | 146.5 | 142.8 | 19.1 |
| Total Liabilities | 2,983.2 | 2,653.3 | 2,108.3 | 2,065.4 | 1,985.3 | 1,636.1 | 1,533.2 | 1,572.7 | 1,483.4 | 1,383.0 | 1,236.8 | 1,205 | 1,132.6 | 1,036.3 | 921.7 | 848.6 | 673.1 | 577.0 | 531.6 | 499.0 | 452.9 | 449.5 | 365.4 | 337.9 | 208.8 | 182.8 | 176.9 | 164.4 | 149.8 | 144.3 | 140.0 |
| 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 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | 453.4 | 441.9 | 422.0 | 365.8 | 351.7 | 305.1 | 262.2 | 227.3 | 196.8 | 171.0 | 144.6 | 118.9 | 107.0 | 98.2 | 87.7 | 80.1 | 78.8 | 71.5 | 70.0 | 53.3 | 53.1 | 56.6 | 40.0 | 42.0 | 57.6 | 45.6 | 33.9 | 23.0 | 15.5 | 8.8 | 0.3 |
| Accumulated Other Comprehensive Income | (15.2) | (16.5) | (2.5) | (4.1) | (13.6) | (16.6) | (26.8) | (10.1) | (28.1) | (26.5) | (24.0) | (43.2) | (34.7) | (31.0) | (36.5) | (42.6) | (27.2) | (13.2) | 5.3 | 8.1 | 9.8 | 7.0 | 13.2 | 10.4 | 9.5 | (1.1) | 4.7 | 5.9 | 4.9 | 1.6 | (0.6) |
| Total Stockholders' Equity | 980.9 | 959.0 | 942.7 | 878.1 | 847.2 | 790.4 | 729.0 | 703.3 | 532.6 | 501.7 | 471.3 | 421.3 | 413.7 | 404.6 | 384.8 | 367.8 | 378.1 | 380.4 | 394.2 | 377.8 | 376.7 | 376.4 | 363.7 | 361.9 | 375.2 | 260.8 | 218.6 | 208.5 | 199.6 | 101.9 | 91.2 |
| Total Liabilities & Equity | 3,964.2 | 3,612.3 | 3,051.0 | 2,943.5 | 2,832.5 | 2,426.5 | 2,262.2 | 2,276.0 | 2,016.0 | 1,884.7 | 1,708.0 | 1,626.3 | 1,546.3 | 1,441.0 | 1,306.5 | 1,216.5 | 1,051.1 | 957.4 | 925.7 | 876.8 | 829.7 | 825.9 | 729.1 | 699.8 | 584.0 | 443.6 | 395.5 | 372.8 | 349.4 | 246.2 | 231.1 |
| Debt Metrics | |||||||||||||||||||||||||||||||
| Total Debt | 295.8 | 297.4 | 0 | 0 | 0 | 0 | 14.5 | 0 | 0 | 43 | 52.6 | 52.6 | 71.4 | 71.4 | 36.4 | 26.4 | 23 | 15 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19.1 | 19.1 |
| Net Debt | 233.1 | 240.9 | (106.9) | (111.7) | (81.3) | (119.3) | (66.0) | (86.5) | (47.8) | (18.4) | 1.1 | (0.4) | 13.1 | (8.9) | (31.7) | (3.1) | (13.5) | (31.9) | (50.3) | (41.4) | (24.9) | (23.6) | (33.5) | (14.0) | (109.3) | (23.8) | (33.1) | (16.5) | (14.4) | 8.6 | 9.6 |
| 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 | 2020 Q1 | 2019 Q4 | 2019 Q3 | 2019 Q2 | 2019 Q1 | 2018 Q4 | 2018 Q3 | 2018 Q2 | 2018 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||||||||||
| Net Income | (42.9) | 42.9 | 56.2 | 51.5 | 46.5 | 42.9 | 35.0 | 30.5 | 25.7 | 26.4 | 25.9 | 18.4 | 81.4 | 17.3 | 18.8 | 4.3 | 14.6 | 14.5 | 16.6 | 0.2 | 12.3 | 16.6 | (1.8) | 0 | 12.0 | 0 | 10.9 | 7.5 | 6.7 | (14.4) | 4.1 | 1.6 | 6.9 | 5.6 |
| Depreciation & Amortization | 9.2 | 0 | 5.5 | 1.3 | 1.3 | 0.7 | 0 | 0 | 0 | 0 | 3.2 | 0 | 0.4 | 0.3 | 3.2 | 0 | 0 | 0 | 0 | 0 | 0.3 | 0 | 1.3 | 0 | 0 | 0 | 1.1 | 0 | 0 | 0 | 0.2 | 0 | 0 | 0 |
| Stock-Based Compensation | 0 | 0 | 5.5 | 5.4 | 5.3 | 0 | 0 | 0 | 0 | 0 | 4.2 | 0 | 3.7 | 3.5 | 3.1 | 0 | 0 | 0 | 0 | 0 | 0.9 | 0 | 0.7 | 0 | 0 | 0 | 0.4 | 0.4 | 0.3 | 23.0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | 0 | 0 | (31.9) | 0 | 0 | 0 | (41.3) | 0 | 0 | 0 | (125.4) | 0 | 0 | 0 | (96.3) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (11.1) | 0 | 0 | 0 | (46.4) | 0 | 0 | 0 | (19.0) | 0 | 0 | 0 |
| Other Non-Cash Items | 200.9 | 4.1 | 82.1 | 25.5 | 67.7 | 43.6 | 114.0 | 100.3 | 29.4 | 6.7 | (6.8) | 70.6 | (79.7) | (3.6) | 146.3 | 11.7 | 33.6 | 33.3 | 37.8 | 44.1 | (7.5) | (29.7) | 24.2 | 19.7 | (9.3) | 21.8 | 40.0 | 11.3 | 7.7 | 16.9 | 2.9 | (0.9) | (0.2) | 2.8 |
| Operating Cash Flow | 167.2 | 47.0 | 117.4 | 83.6 | 120.9 | 87.2 | 72.6 | 100.3 | 55.1 | 33.1 | 22.3 | 70.6 | 5.8 | 17.4 | 75.0 | 11.7 | 33.6 | 47.8 | 54.4 | 44.1 | 6.0 | (13.1) | 13.3 | 19.7 | 2.7 | 21.8 | 6.0 | 18.8 | 14.4 | 2.5 | 7.0 | 0.6 | 6.8 | 8.4 |
| Investing Activities | ||||||||||||||||||||||||||||||||||
| Capital Expenditure | 1.6 | (2.0) | (1.8) | (2.2) | (1.7) | (0.0) | (4.2) | (1.5) | (1.5) | (1.3) | (1.4) | (1.5) | (2.2) | (1.7) | (0.0) | (1.4) | (1.6) | (0.0) | (4.8) | (1.3) | (0.0) | (0.0) | (4.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.2) |
| Acquisitions | 3.2 | (249.5) | 4.3 | (6.6) | (38.6) | (24.0) | (0.3) | (2.6) | 0 | 0 | 0.0 | 0 | 2.2 | 0 | 0.0 | (0.0) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (18.4) | 0 | 0 | 0 | 0 |
| Purchases of Investments | (256.5) | (267.9) | (183.2) | (80.7) | (318.4) | (326.6) | (152.4) | (213.4) | (59.5) | (178.9) | (43.2) | (73.4) | (66.3) | (54.9) | (103.3) | (75.6) | (129.8) | (83.9) | (92.1) | (62.0) | (18.6) | (43.9) | 0 | (139.4) | (86.9) | (71.6) | 0 | (80.1) | (123.9) | (36.2) | (27.6) | (38.1) | (44.8) | (26.0) |
| Sales/Maturities of Investments | 157.5 | 145.1 | 57.5 | 65.0 | 204.8 | 300.3 | 74.1 | 40.5 | 32.4 | 163.8 | 15.8 | 28.1 | 55.0 | 21.7 | 70.3 | 57.1 | 77.2 | 38.2 | 49.5 | 35.8 | 32.2 | 44.2 | 0 | 24.8 | 76.8 | 7.7 | 0 | 66.2 | 46.4 | 39.8 | 21.0 | 36.6 | 38.9 | 14.7 |
| Other Investing Activities | (25.5) | 0.9 | (2.2) | 4.6 | (8.5) | (0.2) | (2.7) | (4.2) | 0.0 | 0 | 4.5 | (6.0) | (7.7) | 0.9 | (35.4) | (1.4) | 6.5 | (7.9) | 1.5 | (1.5) | 11.4 | 1.5 | 10.0 | (1.7) | 2.0 | (3.0) | 10.4 | (2.8) | (0.3) | 18.4 | (6.6) | (1.5) | (5.9) | 0.2 |
| Investing Cash Flow | (119.7) | (373.4) | (123.5) | (17.7) | (160.8) | (51.9) | (81.4) | (179.9) | (28.7) | (16.3) | (24.3) | (51.2) | (19.0) | (33.9) | (35.4) | (19.9) | (46.5) | (53.6) | (46.0) | (29.0) | 11.4 | 1.8 | 6.0 | (116.3) | (8.2) | (66.9) | 10.4 | (16.7) | (77.9) | 3.6 | (6.6) | (1.6) | (5.9) | (11.3) |
| Financing Activities | ||||||||||||||||||||||||||||||||||
| Net Debt Issuance | 0.7 | 297.4 | 0 | 0 | 0 | 0 | 115.7 | 0 | (43) | (9.6) | 0 | (18.8) | 0 | 35 | 10 | 3.4 | 8 | 15 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (20) | 0 | 0 | 1.5 | 0 | 0 |
| Stock Repurchased | (41.0) | (23.1) | 0.1 | 0 | 0 | (0.1) | 0 | 0 | 0 | 0 | (0.1) | (6.6) | (8.7) | (6.8) | (11.1) | (3) | (7.3) | (13.0) | 0 | 0 | (15.9) | 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 | (5.1) | 0 | (5.1) | 0 | 0 | 0 | 0 |
| Other Financing Activities | (1.4) | 0.9 | 0.7 | (36.2) | 1.0 | 0.8 | 2.7 | 2.5 | 0.7 | 0.4 | 0.7 | 0.7 | 0.2 | 0.5 | 0.1 | 0.8 | 1.7 | 0.4 | 0.3 | 0.9 | 0.3 | 1.3 | 0.3 | 1.0 | 0 | 0.4 | 0 | 5.1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Financing Cash Flow | (41.3) | 276.0 | 1.3 | (35.5) | 1.9 | 3.5 | 2.7 | 118.2 | (40.2) | (6.9) | 0.6 | (24.7) | (8.5) | 28.7 | (1.0) | 1.2 | 2.4 | 2.4 | 0.3 | 0.9 | (15.6) | 1.3 | 0.3 | 0.9 | 91.3 | 35.9 | (0.0) | (0.0) | 67.4 | (5.1) | 0 | 1.5 | 0 | 0 |
| Cash Position | ||||||||||||||||||||||||||||||||||
| Net Change in Cash | 6.2 | (50.3) | (4.9) | 30.4 | (38.0) | 38.8 | (6.0) | 38.6 | (13.7) | 9.9 | (1.4) | (5.3) | (21.8) | 12.2 | 38.6 | (7.0) | (10.4) | (3.4) | 8.7 | 16.0 | 1.8 | (9.9) | 19.6 | (95.7) | 85.8 | (9.2) | 16.4 | 2.0 | 4.0 | 1.0 | 0.4 | 0.6 | 0.9 | (2.9) |
| Cash at Beginning | 56.6 | 106.9 | 111.8 | 81.3 | 119.3 | 80.5 | 86.6 | 48.0 | 61.8 | 51.9 | 53.3 | 58.6 | 80.4 | 68.2 | 29.5 | 36.5 | 46.9 | 50.4 | 41.6 | 25.6 | 23.8 | 33.8 | 14.2 | 109.9 | 24.2 | 33.3 | 16.9 | 14.9 | 10.9 | 9.9 | 9.5 | 8.9 | 8.0 | 10.9 |
| Cash at End | 62.7 | 56.6 | 106.9 | 111.8 | 81.3 | 119.3 | 80.5 | 86.6 | 48.0 | 61.8 | 51.9 | 53.3 | 58.6 | 80.4 | 68.2 | 29.5 | 36.5 | 46.9 | 50.4 | 41.6 | 25.6 | 23.8 | 33.8 | 14.2 | 109.9 | 24.2 | 33.3 | 16.9 | 14.9 | 10.9 | 9.9 | 9.5 | 8.9 | 8.0 |
| Free Cash Flow | 168.8 | 45.0 | 115.6 | 81.5 | 119.2 | 87.1 | 68.4 | 98.8 | 55.1 | 33.1 | 20.9 | 69.1 | 3.6 | 15.8 | 75.0 | 10.3 | 32.0 | 47.8 | 54.4 | 42.8 | 6.0 | (13.1) | 9.3 | 19.6 | 2.7 | 21.8 | 6.0 | 18.7 | 14.4 | 2.4 | 7.0 | 0.6 | 6.8 | 8.2 |
| 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 | 2018 Q4 | 2018 Q3 | 2018 Q2 | 2018 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||||||||||||||||||||
| Revenue | 314.4 | 278.9 | 253.4 | 244.7 | 201.0 | 174.6 | 155.6 | 148.4 | 131.3 | 118.5 | 105.4 | 91.0 | 90.4 | 89.2 | 88.6 | 80.7 | 79.7 | 78.1 | 73.2 | 67.7 | 57.7 | 49.2 | 42.3 | 45.0 | 43.1 | 38.0 | 34.6 | 30.5 | 25.9 | 22.3 | 15.6 | 18.9 | 19.9 | 18.5 |
| Gross Profit | 144.2 | 191.8 | 182.5 | 115.6 | 103.2 | 89.4 | 77.9 | 66.6 | 65.1 | 59.9 | 58.5 | 47.9 | 46.4 | 42.9 | 43.4 | 22.6 | 36.6 | 35.1 | 35.7 | 12.8 | 28.1 | 34.4 | 7.0 | (14.0) | 24.3 | 23.1 | 21.4 | 17.8 | 16.3 | 15.0 | 9.8 | 7.2 | 11.7 | 9.8 |
| Operating Income | 69.8 | 53.5 | 72.7 | 67.1 | 59.9 | 53.7 | 45.0 | 38.5 | 33.4 | 34.4 | 33.5 | 24.5 | 23.0 | 22.6 | 25.0 | 5.2 | 18.3 | 19.1 | 21.4 | 0.1 | 15.5 | 20.1 | (2.4) | (21.8) | 15.3 | 15.2 | 14.4 | 9.4 | 8.5 | (14.3) | 4.1 | 1.6 | 6.9 | 5.6 |
| Net Income | 52.6 | 42.9 | 56.2 | 51.5 | 46.5 | 42.9 | 35.0 | 30.5 | 25.7 | 26.4 | 25.9 | 18.4 | 17.6 | 17.3 | 18.8 | 4.3 | 14.6 | 14.5 | 16.6 | 0.2 | 12.3 | 16.6 | (1.8) | (15.7) | 12.0 | 11.8 | 10.9 | 7.5 | 6.7 | (14.4) | 4.1 | 1.6 | 6.9 | 5.6 |
| EPS (Diluted) | 1.94 | 1.57 | 2.06 | 1.87 | 1.68 | 1.57 | 1.29 | 1.15 | 1.00 | 1.04 | 1.02 | 0.73 | 0.69 | 0.68 | 0.73 | 0.17 | 0.57 | 0.56 | 0.64 | 0.01 | 0.47 | 0.63 | -0.07 | -0.62 | 0.48 | 0.48 | 0.45 | 0.31 | 0.30 | -0.64 | 0.18 | 0.07 | 0.31 | 0.25 |
| Balance Sheet | ||||||||||||||||||||||||||||||||||
| Cash & Equivalents | 62.7 | 56.5 | 106.9 | 111.7 | 81.3 | 119.3 | 80.4 | 86.5 | 47.8 | 61.4 | 51.5 | 53.0 | 58.3 | 80.3 | 68.1 | 29.5 | 36.5 | 46.9 | 50.3 | 41.4 | 24.9 | 23.6 | 33.5 | 14.0 | 109.3 | 23.8 | 33.1 | 16.5 | 14.4 | 10.5 | 9.5 | |||
| Total Assets | 3,964.2 | 3,612.3 | 3,051.0 | 2,943.5 | 2,832.5 | 2,426.5 | 2,262.2 | 2,276.0 | 2,016.0 | 1,884.7 | 1,708.0 | 1,626.3 | 1,546.3 | 1,441.0 | 1,306.5 | 1,216.5 | 1,051.1 | 957.4 | 925.7 | 876.8 | 829.7 | 825.9 | 729.1 | 699.8 | 584.0 | 443.6 | 395.5 | 372.8 | 349.4 | 246.2 | 231.1 | |||
| Total Debt | 295.8 | 297.4 | 0 | 0 | 0 | 0 | 14.5 | 0 | 0 | 43 | 52.6 | 52.6 | 71.4 | 71.4 | 36.4 | 26.4 | 23 | 15 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19.1 | 19.1 | |||
| Stockholders' Equity | 980.9 | 959.0 | 942.7 | 878.1 | 847.2 | 790.4 | 729.0 | 703.3 | 532.6 | 501.7 | 471.3 | 421.3 | 413.7 | 404.6 | 384.8 | 367.8 | 378.1 | 380.4 | 394.2 | 377.8 | 376.7 | 376.4 | 363.7 | 361.9 | 375.2 | 260.8 | 218.6 | 208.5 | 199.6 | 101.9 | 91.2 | |||
| Cash Flow | ||||||||||||||||||||||||||||||||||
| Operating Cash Flow | 167.2 | 47.0 | 117.4 | 83.6 | 120.9 | 87.2 | 72.6 | 100.3 | 55.1 | 33.1 | 22.3 | 70.6 | 5.8 | 17.4 | 75.0 | 11.7 | 33.6 | 47.8 | 54.4 | 44.1 | 6.0 | (13.1) | 13.3 | 19.7 | 2.7 | 21.8 | 6.0 | 18.8 | 14.4 | 2.5 | 7.0 | 0.6 | 6.8 | 8.4 |
| Capital Expenditure | 1.6 | (2.0) | (1.8) | (2.2) | (1.7) | (0.0) | (4.2) | (1.5) | (1.5) | (1.3) | (1.4) | (1.5) | (2.2) | (1.7) | (0.0) | (1.4) | (1.6) | (0.0) | (4.8) | (1.3) | (0.0) | (0.0) | (4.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.2) |
| Free Cash Flow | 168.8 | 45.0 | 115.6 | 81.5 | 119.2 | 87.1 | 68.4 | 98.8 | 55.1 | 33.1 | 20.9 | 69.1 | 3.6 | 15.8 | 75.0 | 10.3 | 32.0 | 47.8 | 54.4 | 42.8 | 6.0 | (13.1) | 9.3 | 19.6 | 2.7 | 21.8 | 6.0 | 18.7 | 14.4 | 2.4 | 7.0 | 0.6 | 6.8 | 8.2 |