PUBM - PubMatic, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$19.38
DETAILS
HIGH:
$23.00
LOW:
$13.00
MEDIAN:
$20.50
CONSENSUS:
$19.38
UPSIDE:
17.45%
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||
| Revenue | 78.6 | 62.6 | 80.0 | 68.0 | 71.1 | 63.8 | 85.5 | 71.8 | 67.3 | 66.7 | 84.6 | 63.7 | 63.3 | 55.4 | 74.3 | 64.5 | 63.0 | 54.6 | 75.6 | 58.1 | 49.7 | 43.6 | 56.2 | 37.8 | 26.4 | 28.3 | 34.4 | 28.5 |
| Cost of Revenue | 25.9 | 26.1 | 25.5 | 25.4 | 26.6 | 25.6 | 24.9 | 25.5 | 25.2 | 25.4 | 24.2 | 26.1 | 25.1 | 23.9 | 23.0 | 21.6 | 19.0 | 18.0 | 16.9 | 16.0 | 13.1 | 12.3 | 11.4 | 10.5 | 9.2 | 10.1 | 9.3 | 8.9 |
| Gross Profit | 52.7 | 36.5 | 54.6 | 42.6 | 44.5 | 38.2 | 60.6 | 46.3 | 42.1 | 41.3 | 60.4 | 37.6 | 38.3 | 31.5 | 51.3 | 42.9 | 44.1 | 36.6 | 58.7 | 42.1 | 36.6 | 31.3 | 44.8 | 27.3 | 17.2 | 18.3 | 25.1 | 19.6 |
| Operating Expenses | ||||||||||||||||||||||||||||
| R&D Expenses | 9.1 | 8.0 | 6.3 | 9.6 | 9.1 | 8.8 | 7.8 | 8.8 | 8.7 | 8.0 | 6.8 | 6.6 | 6.7 | 6.5 | 5.9 | 5.1 | 5.1 | 4.8 | 4.1 | 4.1 | 3.9 | 3.7 | 3.0 | 3.4 | 3.0 | 2.9 | 3.1 | 3.0 |
| SG&A Expenses | 43.0 | 43.8 | 39.7 | 41.4 | 40.8 | 41.4 | 37.9 | 38.8 | 37.4 | 38.8 | 38.8 | 31.5 | 38.7 | 35.7 | 28.9 | 28.2 | 29.2 | 27.2 | 26.5 | 23.9 | 22.6 | 20.9 | 19.6 | 16.1 | 13.5 | 14.3 | 16.1 | 12.1 |
| Other Expenses | 0 | (0.4) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (5.7) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 52.1 | 51.3 | 46.0 | 51.0 | 49.9 | 50.1 | 45.8 | 47.6 | 46.1 | 46.8 | 40.0 | 38.2 | 45.4 | 42.2 | 34.8 | 33.3 | 34.3 | 32.0 | 30.7 | 28.0 | 26.4 | 24.7 | 22.6 | 19.5 | 16.4 | 17.3 | 19.2 | 15.6 |
| Operating Income | ||||||||||||||||||||||||||||
| Operating Income | 0.6 | (14.8) | 8.5 | (8.4) | (5.5) | (11.9) | 14.8 | (1.4) | (4.0) | (5.5) | 20.4 | (0.6) | (7.1) | (10.7) | 16.5 | 9.6 | 9.8 | 4.6 | 28.0 | 14.0 | 10.1 | 6.6 | 22.2 | 7.8 | 0.7 | 1.0 | 5.9 | 4.5 |
| Interest 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 |
| Interest Income | 1.2 | 1.2 | 1.3 | 1.2 | 1.4 | 1.6 | 1.6 | 2.0 | 2.3 | 2.6 | 2.5 | 2.2 | 2.2 | 1.9 | 1.2 | 0.6 | 0.3 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.3 | 0.3 | 0 |
| Profitability | ||||||||||||||||||||||||||||
| EBITDA | 21.9 | (5.1) | 19.4 | 2.3 | 5.8 | 0.4 | 29.8 | 11.1 | 13.7 | 8.5 | 34.1 | 13.3 | 5.7 | 2.2 | 27.5 | 13.8 | 17.1 | 13.4 | 40.8 | 20.6 | 15.0 | 11.2 | 26.4 | 12.0 | 4.5 | 4.6 | 9.2 | 6.2 |
| EBIT | 1.9 | (15.1) | 9.6 | (8.2) | (6.1) | (11.3) | 18.4 | (0.3) | 2.4 | (2.7) | 23.0 | 1.9 | (5.2) | (9.2) | 16.8 | 4.7 | 9.7 | 6.2 | 33.7 | 14.3 | 9.9 | 6.6 | 22.2 | 7.8 | 0.7 | 1.0 | 5.9 | 4.5 |
| Income Before Tax | 1.9 | (15.1) | 9.6 | (8.2) | (6.1) | (11.3) | 18.4 | (0.3) | 2.4 | (2.7) | 23.0 | 1.9 | (5.2) | (9.2) | 16.8 | 4.7 | 9.7 | 6.2 | 33.7 | 14.3 | 9.9 | 6.8 | 21.7 | 7.9 | 0.7 | 1.3 | 5.8 | 4.0 |
| Income Tax Expense | 3.1 | (2.6) | 2.9 | (1.7) | (0.9) | (1.8) | 4.5 | 0.6 | 0.4 | (0.2) | 4.3 | 0.1 | 0.5 | (3.4) | 4.0 | 1.4 | 1.9 | 1.4 | 5.5 | 0.8 | (0.0) | 1.9 | 2.9 | 1.6 | 0.1 | 0.4 | 1.7 | 1.0 |
| Net Income | (1.2) | (12.5) | 6.7 | (6.5) | (5.2) | (9.5) | 13.9 | (0.9) | 2.0 | (2.5) | 18.7 | 1.8 | (5.7) | (5.9) | 12.8 | 3.3 | 7.8 | 4.8 | 28.2 | 13.5 | 9.9 | 4.9 | 18.8 | 6.2 | 0.7 | 0.9 | 4.1 | 2.9 |
| Per Share Data | ||||||||||||||||||||||||||||
| EPS (Basic) | -0.03 | -0.27 | 0.14 | -0.14 | -0.11 | -0.20 | 0.29 | -0.02 | 0.04 | -0.05 | 0.37 | 0.03 | -0.11 | -0.11 | 0.24 | 0.06 | 0.14 | 0.08 | 0.55 | 0.27 | 0.20 | 0.10 | 0.39 | 0.13 | 0.01 | 0.02 | 0.09 | 0.06 |
| EPS (Diluted) | -0.03 | -0.27 | 0.14 | -0.14 | -0.11 | -0.20 | 0.26 | -0.02 | 0.04 | -0.05 | 0.34 | 0.03 | -0.11 | -0.11 | 0.22 | 0.06 | 0.14 | 0.08 | 0.50 | 0.24 | 0.18 | 0.09 | 0.34 | 0.13 | 0.01 | 0.02 | 0.09 | 0.06 |
| Shares Outstanding | 46.1 | 47.1 | 46.6 | 45.9 | 47.2 | 48.3 | 48.0 | 49.1 | 49.8 | 50.0 | 50.7 | 51.6 | 52.0 | 52.7 | 52.6 | 52.4 | 55.8 | 56.9 | 51.5 | 50.6 | 49.6 | 49.1 | 48.6 | 47.8 | 43.6 | 43.6 | 43.6 | 47.7 |
| 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 Q1 | 2019 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||||||||||
| Cash & Cash Equivalents | 120.0 | 144.9 | 145.5 | 136.5 | 90.5 | 101.8 | 100.5 | 78.9 | 73.5 | 80.2 | 78.5 | 97.7 | 105.5 | 79.3 | 92.4 | 52.2 | 51.9 | 74.5 | 82.5 | 89.4 | 90.6 | 76.6 | 81.2 | 40.6 | 55.5 | 34.2 |
| Short-Term Investments | 17.5 | 0 | 0 | 0 | 27.1 | 42.3 | 40.1 | 61.5 | 92.1 | 93.9 | 96.8 | 73.6 | 65.4 | 93.9 | 82.0 | 113.9 | 131.1 | 100.3 | 77.1 | 47.4 | 31.4 | 33.4 | 19.8 | 14.6 | 0 | 21.2 |
| Net Receivables | 383.2 | 336.9 | 358.2 | 362.6 | 383.4 | 349.1 | 424.8 | 376.8 | 351.6 | 303.3 | 375.5 | 291.4 | 258.0 | 253.0 | 314.3 | 277.3 | 264.0 | 218.4 | 286.9 | 228.4 | 195.4 | 173.1 | 219.5 | 140.5 | 0 | 117.7 |
| 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 |
| Other Current Assets | 17.2 | 22.4 | 18.9 | 21.3 | 12.0 | 12.0 | 10.1 | 12.6 | 14.8 | 11.5 | 11.1 | 11.6 | 14.3 | 14.2 | 14.8 | 0 | 0 | 11.8 | 0 | 13.0 | 14.2 | 0 | 0 | 0 | (55.5) | 0 |
| Total Current Assets | 537.9 | 504.2 | 522.6 | 520.4 | 513.0 | 505.3 | 575.5 | 529.8 | 532.0 | 488.9 | 562.0 | 474.4 | 443.2 | 440.3 | 503.5 | 458.2 | 460.1 | 404.9 | 460.7 | 378.1 | 331.6 | 291.1 | 327.1 | 203.2 | 0 | 177.6 |
| Non-Current Assets | ||||||||||||||||||||||||||
| Property, Plant & Equipment | 93.0 | 86.4 | 90.8 | 91.4 | 93.5 | 97.0 | 102.9 | 97.7 | 82.1 | 80.0 | 81.8 | 83.7 | 89.0 | 93.4 | 97.4 | 102.7 | 91.6 | 71.8 | 71.8 | 51.9 | 43.6 | 34.0 | 30.0 | 27.5 | 0 | 20.3 |
| Goodwill | 29.6 | 29.6 | 29.6 | 29.6 | 29.6 | 29.6 | 29.6 | 29.6 | 29.6 | 29.6 | 29.6 | 29.6 | 29.6 | 29.6 | 29.6 | 29.8 | 6.2 | 6.2 | 6.2 | 6.2 | 6.2 | 6.2 | 6.2 | 6.2 | 0 | 6.2 |
| Intangible Assets | 1.9 | 2.3 | 2.7 | 3.1 | 3.5 | 3.9 | 4.3 | 4.7 | 5.1 | 5.5 | 5.9 | 6.3 | 6.7 | 7.0 | 8.3 | 8.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 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 Assets | 5.5 | 4.6 | 3.5 | 3.4 | 1.8 | 3.3 | 2.3 | 2.7 | 1.8 | 3.7 | 2.1 | 4.4 | 2.0 | 2.2 | 2.4 | 2.1 | 9.4 | 12.6 | 10.9 | 2.1 | 1.8 | 1.7 | 7.1 | 1.0 | 0 | 1.1 |
| Total Non-Current Assets | 162.2 | 155.3 | 157.5 | 155.7 | 162.3 | 163.3 | 164.0 | 159.3 | 141.1 | 137.3 | 133.3 | 138.6 | 140.4 | 137.1 | 138.7 | 143.9 | 110.2 | 92.7 | 89.5 | 60.8 | 52.2 | 42.4 | 44.1 | 36.9 | 0 | 29.8 |
| Total Assets | 700.0 | 659.4 | 680.2 | 676.2 | 675.2 | 668.6 | 739.5 | 689.1 | 673.1 | 626.2 | 695.2 | 613.0 | 583.7 | 577.5 | 642.2 | 602.2 | 570.2 | 497.6 | 550.2 | 438.8 | 383.8 | 333.5 | 371.2 | 240.1 | 0 | 207.4 |
| Current Liabilities | ||||||||||||||||||||||||||
| Account Payables | 390.0 | 342.6 | 343.6 | 356.5 | 361.4 | 323.6 | 386.6 | 360.7 | 340.8 | 289.2 | 347.7 | 273.2 | 240.1 | 222.6 | 277.4 | 258.5 | 237.4 | 186.0 | 244.3 | 185.5 | 151.6 | 136.0 | 176.7 | 118.5 | 0 | 99.4 |
| Short-Term Debt | 7.9 | 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 |
| 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 |
| Other Current Liabilities | 7.1 | 11.4 | 19.6 | 18.5 | 13.6 | 10.6 | 20.0 | 6.6 | 0.1 | 11.3 | 18.8 | 15.3 | 0.1 | 0.1 | 0.1 | 12.6 | 10.3 | 0.1 | 17.3 | 9.8 | 11.0 | 6.3 | 0 | 9.2 | 0 | 10.0 |
| Total Current Liabilities | 422.1 | 368.9 | 375.9 | 388.4 | 388.7 | 350.2 | 418.8 | 392.8 | 370.1 | 315.8 | 379.6 | 303.9 | 268.8 | 247.6 | 302.0 | 279.0 | 255.4 | 200.6 | 267.0 | 213.0 | 176.4 | 145.3 | 191.6 | 129.6 | 0 | 110.5 |
| 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 | 1.6 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.6 | 3.2 | 6.1 | 6.1 | 6.1 | 2.7 | 2.6 | 1.6 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 6.2 | 4.8 | 4.8 | 4.5 | 4.3 | 4.2 | 3.9 | 4.2 | 3.6 | 4.1 | 3.4 | 3.7 | 2.2 | 3.7 | 6.5 | 4.9 | 2.2 | 2.0 | 2.2 | 2.3 | 2.8 | 2.6 | 2.7 | 2.4 | (74.5) | 64.6 |
| Total Non-Current Liabilities | 39.2 | 39.6 | 41.8 | 42.7 | 43.2 | 42.8 | 43.4 | 33.2 | 20.3 | 21.7 | 19.5 | 20.5 | 20.4 | 23.5 | 28.0 | 30.6 | 30.9 | 29.3 | 26.1 | 5.0 | 5.3 | 4.1 | 4.2 | 2.4 | (74.5) | 64.6 |
| Total Liabilities | 461.3 | 408.4 | 417.6 | 431.1 | 431.9 | 393.0 | 462.3 | 425.9 | 390.4 | 337.5 | 399.0 | 324.4 | 289.1 | 271.1 | 330.0 | 309.6 | 286.3 | 229.9 | 293.0 | 218.0 | 181.7 | 149.4 | 195.8 | 132.0 | (74.5) | 175.1 |
| 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 | 19.0 |
| Retained Earnings | 121.2 | 122.4 | 134.9 | 128.2 | 134.7 | 139.9 | 149.4 | 135.5 | 136.4 | 134.4 | 136.9 | 118.2 | 116.4 | 122.1 | 128 | 115.2 | 111.9 | 104.1 | 99.3 | 71.1 | 57.5 | 47.6 | 42.7 | 23.9 | 0 | 16.1 |
| Accumulated Other Comprehensive Income | (0.2) | (0.1) | 0.1 | 0.1 | 0.2 | (0.4) | (0.6) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | 0.0 | (0.0) | (0.2) | (0.4) | (0.2) | (0.0) | 0 | 0 | 0 | 0.0 | 0.0 | 13.3 | 0.0 |
| Total Stockholders' Equity | 238.7 | 251 | 262.6 | 245.1 | 243.3 | 275.6 | 277.3 | 263.2 | 282.7 | 288.7 | 296.2 | 288.6 | 294.5 | 306.4 | 312.2 | 292.6 | 283.9 | 267.7 | 257.2 | 220.8 | 202.1 | 184.1 | 175.4 | 108.1 | 74.5 | 32.3 |
| Total Liabilities & Equity | 700.0 | 659.4 | 680.2 | 676.2 | 675.2 | 668.6 | 739.5 | 689.1 | 673.1 | 626.2 | 695.2 | 613.0 | 583.7 | 577.5 | 642.2 | 602.2 | 570.2 | 497.6 | 550.2 | 438.8 | 383.8 | 333.5 | 371.2 | 240.1 | 0 | 207.4 |
| Debt Metrics | ||||||||||||||||||||||||||
| Total Debt | 40.9 | 42.4 | 43.9 | 44.6 | 45.2 | 44.9 | 45.4 | 35.4 | 23.5 | 24.5 | 21.8 | 22.5 | 24.0 | 25.5 | 26.6 | 28.1 | 28.2 | 25.2 | 21.7 | 0 | 0 | 0 | 1.6 | 0 | 0 | 0 |
| Net Debt | (79.1) | (102.5) | (101.7) | (92.0) | (45.2) | (56.9) | (55.1) | (43.6) | (50.1) | (55.7) | (56.7) | (75.3) | (81.5) | (53.8) | (65.8) | (24.0) | (23.7) | (49.3) | (60.8) | (89.4) | (90.6) | (76.6) | (79.6) | (40.6) | (55.5) | (34.2) |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||||
| Net Income | (1.2) | (12.5) | 6.7 | (6.5) | (5.2) | (9.5) | 13.9 | (0.9) | 2.0 | (2.5) | 18.7 | 1.8 | (5.7) | (5.9) | 12.8 | 3.3 | 7.8 | 4.8 | 28.2 | 13.5 | 9.9 | 4.9 | 18.8 | 6.2 | 0.7 | 0.9 | 4.1 | 2.9 |
| Depreciation & Amortization | 10.0 | 10.0 | 9.8 | 10.5 | 11.9 | 11.7 | 11.4 | 11.4 | 11.3 | 11.2 | 11.0 | 11.4 | 10.9 | 11.4 | 10.7 | 9.1 | 7.3 | 7.2 | 7.1 | 6.3 | 5.1 | 4.5 | 4.2 | 4.2 | 3.8 | 3.6 | 3.3 | 0 |
| Stock-Based Compensation | 8.3 | 8.5 | 9.4 | 9.5 | 9.8 | 9.7 | 9.4 | 9.5 | 9.7 | 9.1 | 7.3 | 7.2 | 7.3 | 7.1 | 5.5 | 4.7 | 5.4 | 5.1 | 3.6 | 3.7 | 3.6 | 3.2 | 1.1 | 1.4 | 0.5 | 0.5 | 0.5 | 0.5 |
| Change in Working Capital | 0.8 | 11.6 | (6.6) | 20.4 | 1.4 | 7.2 | (17.7) | 0.9 | (7.6) | 10.6 | (9.7) | 3.6 | 6.4 | 4.0 | (7.5) | 5.0 | (2.0) | 3.9 | (10.4) | 2.3 | 0.9 | (0.6) | (18.5) | (8.2) | (7.6) | 9.4 | 3.6 | 0 |
| Other Non-Cash Items | 2.0 | 1.2 | 1.6 | 1.2 | 1.4 | 1.3 | 1.2 | 0.5 | 0.6 | 0.5 | 0.6 | 0.5 | 6.2 | 0.5 | 1.1 | 7.5 | 2.6 | (0.0) | (3.3) | 0.4 | 0.5 | 0.4 | 0.1 | 0.0 | (0.0) | 0.2 | 1.0 | (3.4) |
| Operating Cash Flow | 20.2 | 17.3 | 18.2 | 32.4 | 14.9 | 15.6 | 18.0 | 19.1 | 11.9 | 24.3 | 28.7 | 23.8 | 15.8 | 12.8 | 19.4 | 28.1 | 20.5 | 19.3 | 28.5 | 26.4 | 21.1 | 12.7 | 8.6 | 3.7 | (2.7) | 14.7 | 12.6 | 0 |
| Investing Activities | ||||||||||||||||||||||||||||
| Capital Expenditure | (6.5) | (0.0) | (24.9) | (9.6) | (5.6) | (8.3) | (9.2) | (16.3) | (5.0) | (8.0) | (9.1) | (6.7) | (5.1) | (7.4) | (12.3) | (17.4) | (14.8) | (4.4) | (9.8) | (13.0) | (13.4) | (3.3) | (12.9) | (6.9) | (7.6) | (4.0) | (3.8) | 0 |
| Acquisitions | (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 | 2.7 | 1.3 | 0 |
| Purchases of Investments | (17.9) | (3) | 0 | 0 | (10.7) | (15.3) | (24.0) | (21.4) | (62.2) | (34.3) | (63.7) | (30.2) | (6.4) | (40.3) | (37.7) | (17.5) | (43.2) | (39.4) | (37.4) | (20.6) | (9.4) | (23.2) | (14.4) | (8.9) | (2.9) | (10.5) | (7.2) | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 27.1 | 26.3 | 13.6 | 45.9 | 53.2 | 65.3 | 38.5 | 41.5 | 23 | 35.9 | 29.5 | 70.2 | 35 | 12.2 | 16 | 7.6 | 4.6 | 11.4 | 9.6 | 9.2 | 8.3 | 6.1 | 14.6 | 5.7 | 0 |
| Other Investing Activities | (3.1) | (6.6) | (4.4) | (4.9) | (4.3) | (6.9) | 0 | (4.5) | (4.3) | (7.2) | (4.0) | (3.8) | (3.9) | (6.0) | (3.4) | (30.9) | (2.5) | (4.2) | (2.2) | (1.9) | (1.8) | (3.0) | (1.6) | (1.4) | (1.5) | (2.7) | (1.3) | 0 |
| Investing Cash Flow | (24.5) | (9.6) | (11.3) | 17.5 | 9.9 | (10.1) | 12.7 | 15.5 | (2.0) | (3.9) | (31.3) | (13.9) | 24.4 | (18.3) | 20.2 | (28.0) | (45.8) | (27.8) | (39.6) | (28.9) | (11.3) | (16.8) | (18.1) | (7.5) | (4.4) | 0.2 | (5.3) | 0 |
| Financing Activities | ||||||||||||||||||||||||||||
| Net Debt Issuance | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (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 Repurchased | (22) | (8.5) | 1.2 | (4.0) | (38.6) | (5) | (9.9) | (29.5) | (18.4) | (17.5) | (17.8) | (18.0) | (15.6) | (7.9) | 0 | 0 | 0 | 0 | (0.8) | 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 |
| Other Financing Activities | 0.9 | 0 | 0 | 0.3 | 2.0 | 0.6 | 0 | 0.3 | 1.8 | (1.2) | 1.2 | 0.3 | 1.6 | 0.3 | 0 | 0 | 0 | 0 | 5.1 | 0 | 4.3 | (0.4) | 4.2 | 2.4 | 0 | 0.1 | 0 | 0 |
| Financing Cash Flow | (20.6) | (8.1) | 2.2 | (3.7) | (36.7) | (4.5) | (8.9) | (29.3) | (16.6) | (18.7) | (16.6) | (17.8) | (14.0) | (7.6) | 0.7 | 0.2 | 2.7 | 0.5 | 4.3 | 1.2 | 4.2 | (0.4) | 50.0 | 2.4 | 0 | 0.1 | 0 | 0 |
| Cash Position | ||||||||||||||||||||||||||||
| Net Change in Cash | (24.9) | (0.6) | 9.0 | 46.1 | (11.3) | 1.4 | 21.5 | 5.4 | (6.7) | 1.7 | (19.2) | (7.8) | 26.3 | (13.1) | 40.2 | 0.3 | (22.6) | (8.0) | (6.9) | (1.2) | 14.0 | (4.5) | 40.6 | (1.5) | (7.1) | 14.9 | 7.3 | 0 |
| Cash at Beginning | 144.9 | 145.5 | 136.5 | 90.5 | 101.8 | 100.5 | 78.9 | 73.5 | 80.2 | 78.5 | 97.7 | 105.5 | 79.3 | 92.4 | 52.2 | 51.9 | 74.5 | 82.5 | 89.4 | 90.6 | 76.6 | 81.2 | 40.6 | 42.1 | 49.2 | 34.2 | 26.9 | 0 |
| Cash at End | 120.0 | 144.9 | 145.5 | 136.5 | 90.5 | 101.8 | 100.5 | 78.9 | 73.5 | 80.2 | 78.5 | 97.7 | 105.5 | 79.3 | 92.4 | 52.2 | 51.9 | 74.5 | 82.5 | 89.4 | 90.6 | 76.6 | 81.2 | 40.6 | 42.1 | 49.2 | 34.2 | 0 |
| Free Cash Flow | 13.7 | 17.3 | (6.8) | 22.8 | 9.3 | 7.3 | 8.9 | 2.9 | 6.9 | 16.3 | 19.5 | 17.2 | 10.8 | 5.3 | 7.0 | 10.7 | 5.7 | 14.9 | 18.7 | 13.5 | 7.7 | 9.4 | (4.3) | (3.2) | (10.3) | 10.7 | 8.8 | 0 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||||||||||||||
| Revenue | 78.6 | 62.6 | 80.0 | 68.0 | 71.1 | 63.8 | 85.5 | 71.8 | 67.3 | 66.7 | 84.6 | 63.7 | 63.3 | 55.4 | 74.3 | 64.5 | 63.0 | 54.6 | 75.6 | 58.1 | 49.7 | 43.6 | 56.2 | 37.8 | 26.4 | 28.3 | 34.4 | 28.5 |
| Gross Profit | 52.7 | 36.5 | 54.6 | 42.6 | 44.5 | 38.2 | 60.6 | 46.3 | 42.1 | 41.3 | 60.4 | 37.6 | 38.3 | 31.5 | 51.3 | 42.9 | 44.1 | 36.6 | 58.7 | 42.1 | 36.6 | 31.3 | 44.8 | 27.3 | 17.2 | 18.3 | 25.1 | 19.6 |
| Operating Income | 0.6 | (14.8) | 8.5 | (8.4) | (5.5) | (11.9) | 14.8 | (1.4) | (4.0) | (5.5) | 20.4 | (0.6) | (7.1) | (10.7) | 16.5 | 9.6 | 9.8 | 4.6 | 28.0 | 14.0 | 10.1 | 6.6 | 22.2 | 7.8 | 0.7 | 1.0 | 5.9 | 4.5 |
| Net Income | (1.2) | (12.5) | 6.7 | (6.5) | (5.2) | (9.5) | 13.9 | (0.9) | 2.0 | (2.5) | 18.7 | 1.8 | (5.7) | (5.9) | 12.8 | 3.3 | 7.8 | 4.8 | 28.2 | 13.5 | 9.9 | 4.9 | 18.8 | 6.2 | 0.7 | 0.9 | 4.1 | 2.9 |
| EPS (Diluted) | -0.03 | -0.27 | 0.14 | -0.14 | -0.11 | -0.20 | 0.26 | -0.02 | 0.04 | -0.05 | 0.34 | 0.03 | -0.11 | -0.11 | 0.22 | 0.06 | 0.14 | 0.08 | 0.50 | 0.24 | 0.18 | 0.09 | 0.34 | 0.13 | 0.01 | 0.02 | 0.09 | 0.06 |
| Balance Sheet | ||||||||||||||||||||||||||||
| Cash & Equivalents | 120.0 | 144.9 | 145.5 | 136.5 | 90.5 | 101.8 | 100.5 | 78.9 | 73.5 | 80.2 | 78.5 | 97.7 | 105.5 | 79.3 | 92.4 | 52.2 | 51.9 | 74.5 | 82.5 | 89.4 | 90.6 | 76.6 | 81.2 | 40.6 | 55.5 | 34.2 | ||
| Total Assets | 700.0 | 659.4 | 680.2 | 676.2 | 675.2 | 668.6 | 739.5 | 689.1 | 673.1 | 626.2 | 695.2 | 613.0 | 583.7 | 577.5 | 642.2 | 602.2 | 570.2 | 497.6 | 550.2 | 438.8 | 383.8 | 333.5 | 371.2 | 240.1 | 0 | 207.4 | ||
| Total Debt | 40.9 | 42.4 | 43.9 | 44.6 | 45.2 | 44.9 | 45.4 | 35.4 | 23.5 | 24.5 | 21.8 | 22.5 | 24.0 | 25.5 | 26.6 | 28.1 | 28.2 | 25.2 | 21.7 | 0 | 0 | 0 | 1.6 | 0 | 0 | 0 | ||
| Stockholders' Equity | 238.7 | 251 | 262.6 | 245.1 | 243.3 | 275.6 | 277.3 | 263.2 | 282.7 | 288.7 | 296.2 | 288.6 | 294.5 | 306.4 | 312.2 | 292.6 | 283.9 | 267.7 | 257.2 | 220.8 | 202.1 | 184.1 | 175.4 | 108.1 | 74.5 | 32.3 | ||
| Cash Flow | ||||||||||||||||||||||||||||
| Operating Cash Flow | 20.2 | 17.3 | 18.2 | 32.4 | 14.9 | 15.6 | 18.0 | 19.1 | 11.9 | 24.3 | 28.7 | 23.8 | 15.8 | 12.8 | 19.4 | 28.1 | 20.5 | 19.3 | 28.5 | 26.4 | 21.1 | 12.7 | 8.6 | 3.7 | (2.7) | 14.7 | 12.6 | 0 |
| Capital Expenditure | (6.5) | (0.0) | (24.9) | (9.6) | (5.6) | (8.3) | (9.2) | (16.3) | (5.0) | (8.0) | (9.1) | (6.7) | (5.1) | (7.4) | (12.3) | (17.4) | (14.8) | (4.4) | (9.8) | (13.0) | (13.4) | (3.3) | (12.9) | (6.9) | (7.6) | (4.0) | (3.8) | 0 |
| Free Cash Flow | 13.7 | 17.3 | (6.8) | 22.8 | 9.3 | 7.3 | 8.9 | 2.9 | 6.9 | 16.3 | 19.5 | 17.2 | 10.8 | 5.3 | 7.0 | 10.7 | 5.7 | 14.9 | 18.7 | 13.5 | 7.7 | 9.4 | (4.3) | (3.2) | (10.3) | 10.7 | 8.8 | 0 |