REAL - The RealReal, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$15.75
DETAILS
HIGH:
$19.00
LOW:
$13.00
MEDIAN:
$15.50
CONSENSUS:
$15.75
UPSIDE:
44.10%
| 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 | 192.6 | 189.7 | 194.1 | 173.6 | 165.2 | 160.0 | 164.0 | 147.8 | 144.9 | 143.8 | 143.4 | 133.2 | 130.9 | 141.9 | 159.7 | 142.7 | 154.4 | 146.7 | 145.1 | 118.8 | 104.9 | 98.8 | 86.3 | 78.1 | 57.3 | 78.2 | 97.3 | 80.5 | 71.0 | 69.3 | 62.1 | 51.8 | 47.0 | 46.5 |
| Cost of Revenue | 49.4 | 56.5 | 57.0 | 44.7 | 42.5 | 40.0 | 41.9 | 37.0 | 45.6 | 36.5 | 37.3 | 39.1 | 44.7 | 51.9 | 63.0 | 56.9 | 66.7 | 68.1 | 64.5 | 47.7 | 41.5 | 40.5 | 33.5 | 28.3 | 21.6 | 29.0 | 34.8 | 28.3 | 24.9 | 26.9 | 19.9 | 18.5 | 16.2 | 15.9 |
| Gross Profit | 143.2 | 133.2 | 137.0 | 128.9 | 122.7 | 120.0 | 122.1 | 110.7 | 99.4 | 107.3 | 106.0 | 94.1 | 86.2 | 90.0 | 96.6 | 85.8 | 87.7 | 78.6 | 80.6 | 71.1 | 63.4 | 58.3 | 52.8 | 49.8 | 35.7 | 49.2 | 62.5 | 52.2 | 46.0 | 42.4 | 42.2 | 33.3 | 30.8 | 30.6 |
| Operating Expenses | ||||||||||||||||||||||||||||||||||
| R&D Expenses | 0 | 64.6 | 61.1 | 62.5 | 60.7 | 58.6 | 57.5 | 58.1 | 57.3 | 0 | 54.2 | 53.3 | 57.6 | 60.5 | 64.4 | 0 | 0 | 0 | 57.2 | 0 | 0 | 0 | 0 | 35.7 | 0 | 40.7 | 0 | 37.4 | 34.3 | 31.5 | 0 | 0 | 0 | 21.3 |
| SG&A Expenses | 70.8 | 70.9 | 69.7 | 65.8 | 63.6 | 65.8 | 61.0 | 59.1 | 60.8 | 62.1 | 57.3 | 56.4 | 59.7 | 67.4 | 62.8 | 60.5 | 69.1 | 66.2 | 62.3 | 60.6 | 57.4 | 59.2 | 55.8 | 50.6 | 42.2 | 48.0 | 45.4 | 41.8 | 37.1 | 34.1 | 64.5 | 55.2 | 46.6 | 23.2 |
| Other Expenses | 74.7 | 0 | 0 | 8.2 | 8.3 | 8.4 | 8.7 | 8.1 | 0 | 63.2 | 15.6 | 6.9 | 9.8 | 43.9 | 7.4 | 70.8 | 69.6 | 67.1 | 7.3 | 61.6 | 70.8 | 51.9 | 46.0 | 4.9 | 36.5 | 0 | 40.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 145.5 | 135.5 | 130.8 | 136.5 | 132.6 | 132.8 | 127.2 | 125.3 | 118.2 | 125.2 | 127.1 | 116.6 | 127.1 | 171.8 | 134.6 | 131.3 | 138.7 | 133.3 | 126.8 | 122.3 | 128.2 | 111.1 | 101.7 | 91.1 | 78.7 | 88.8 | 85.4 | 79.2 | 71.4 | 65.6 | 64.5 | 55.2 | 46.6 | 44.5 |
| Operating Income | ||||||||||||||||||||||||||||||||||
| Operating Income | (2.3) | (2.3) | 6.3 | (7.5) | (9.9) | (12.8) | (5.2) | (14.6) | (18.8) | (17.9) | (21.1) | (22.5) | (40.9) | (81.8) | (37.9) | (45.5) | (51.0) | (54.7) | (46.2) | (51.2) | (64.8) | (52.8) | (48.9) | (41.4) | (43.1) | (39.6) | (22.9) | (27.0) | (25.3) | (23.2) | (22.3) | (21.9) | (15.9) | (13.9) |
| Interest Expense | 7.3 | 7.2 | 7.3 | 7.1 | 7.0 | 6.3 | 5.9 | 5.9 | 5.8 | 3.8 | 2.7 | 2.7 | 2.7 | 2.7 | 2.5 | 2.7 | 2.7 | 2.7 | 6.2 | 6.1 | 6.0 | 3.3 | 2.5 | 2.4 | 0.4 | 0.0 | 0.0 | 0.1 | 0.4 | 0.1 | 0.2 | 0.2 | 0.5 | 0.2 |
| Interest Income | 0.9 | 1.0 | 1.0 | 0.8 | 1.1 | 1.4 | 1.7 | 1.9 | 2.3 | 2.1 | 2.1 | 2.3 | 2.4 | 2.1 | 1.8 | 1.0 | 0.3 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.4 | 0.6 | 1.3 | 1.7 | 1.9 | 0.6 | 0.4 | 0.4 | 0.4 | 0.1 | 0.1 |
| Profitability | ||||||||||||||||||||||||||||||||||
| EBITDA | (3.9) | 54.4 | (23.2) | (38.7) | 4.0 | 81.2 | (49.8) | (3.6) | 1.0 | (19.0) | (7.1) | (8.7) | (26.6) | (71.9) | (23.7) | (37.3) | (43.8) | (48.4) | (35.7) | (45.1) | (58.3) | (47.2) | (43.7) | (36.0) | (37.9) | (30.2) | (17.3) | (21.7) | (23.3) | (20.3) | (19.1) | (19.3) | (14.9) | (11.9) |
| EBIT | (19.8) | 46.3 | (31.4) | (46.9) | (4.2) | 68.8 | (62.4) | (11.9) | (10.9) | (27.3) | (19.0) | (20.2) | (38.5) | (79.7) | (36.1) | (44.5) | (50.5) | (54.7) | (46.1) | (51.1) | (64.7) | (52.7) | (48.8) | (40.9) | (42.6) | (38.5) | (21.2) | (25.2) | (26.4) | (23.1) | (21.9) | (21.6) | (17.1) | (13.9) |
| Income Before Tax | (27.1) | 39.0 | (38.6) | (54.0) | (11.3) | 62.5 | (68.4) | (17.9) | (16.7) | (31.0) | (21.7) | (22.9) | (41.2) | (82.4) | (38.5) | (47.2) | (53.1) | (57.4) | (52.2) | (57.2) | (70.7) | (56.0) | (51.3) | (43.3) | (42.9) | (38.3) | (21.2) | (25.3) | (26.8) | (23.2) | (22.1) | (21.8) | (17.6) | (14.1) |
| Income Tax Expense | 0.1 | 0.1 | 0.2 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.1 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0 | (0.0) | 0.0 | 0.0 | 0.0 | 0.1 | (0.0) | 0.1 | 0 | 0.1 | (0.0) | 0.1 | 0 | 0.1 | 0.0 | 0 | 0.1 |
| Net Income | (27.2) | 38.9 | (38.8) | (54.1) | (11.4) | 62.4 | (68.5) | (17.9) | (16.7) | (31.1) | (21.7) | (22.9) | (41.3) | (82.5) | (38.6) | (47.3) | (53.2) | (57.4) | (52.2) | (57.2) | (70.7) | (56.0) | (51.3) | (43.3) | (43.0) | (38.3) | (21.4) | (25.3) | (26.9) | (23.2) | (22.2) | (21.9) | (17.6) | (14.1) |
| Per Share Data | ||||||||||||||||||||||||||||||||||
| EPS (Basic) | -0.23 | 0.08 | -0.33 | -0.47 | -0.10 | 0.56 | -0.62 | -0.16 | -0.16 | -0.30 | -0.21 | -0.22 | -0.41 | -0.83 | -0.39 | -0.49 | -0.56 | -0.61 | -0.56 | -0.62 | -0.78 | -0.62 | -0.60 | -0.49 | -0.49 | -0.44 | -0.25 | -0.30 | -0.32 | -0.32 | -0.30 | -0.09 | -0.30 | -0.24 |
| EPS (Diluted) | -0.23 | -0.02 | -0.33 | -0.49 | -0.13 | 0.52 | -0.62 | -0.17 | -0.20 | -0.30 | -0.21 | -0.22 | -0.41 | -0.83 | -0.39 | -0.49 | -0.56 | -0.61 | -0.56 | -0.62 | -0.78 | -0.62 | -0.60 | -0.49 | -0.49 | -0.44 | -0.25 | -0.30 | -0.32 | -0.32 | -0.30 | -0.09 | -0.30 | -0.24 |
| Shares Outstanding | 121.0 | 1,195.2 | 117.4 | 115.9 | 114.0 | 112.0 | 110.4 | 109.0 | 106.9 | 105.2 | 103.5 | 102.6 | 101.0 | 99.6 | 98.5 | 96.7 | 94.9 | 93.5 | 92.6 | 91.9 | 91.1 | 90.0 | 88.8 | 87.9 | 87.1 | 86.6 | 85.8 | 84.6 | 85.0 | 82.7 | 85.0 | 250.1 | 62.5 | 62.5 |
| 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 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 119.1 | 124.0 | 151.2 | 108.4 | 94.3 | 139.6 | 172.2 | 153.2 | 150.7 | 166.0 | 175.7 | 170.8 | 188.9 | 247.1 | 293.8 | 300.4 | 315.9 | 361.0 | 418.2 | 444.8 | 491.6 | 547.9 | 350.8 | 343.1 | 304.3 | 134.7 | 154.4 | 365.0 | 53.3 | 88.8 | 34.4 | (28.9) |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.0 | 52.2 | 105.9 | 168.6 | 208.8 | 5.3 | 13.4 | 14.2 | 27.1 | 57.8 |
| Net Receivables | 20.1 | 24.9 | 23.8 | 24.3 | 22.8 | 27.8 | 14.0 | 16.0 | 16.4 | 19.8 | 17.2 | 13.6 | 6.0 | 8.9 | 12.2 | 8.8 | 6.4 | 8.2 | 7.8 | 6.8 | 5.8 | 6.0 | 7.2 | 4.6 | 6.3 | 3.1 | 7.8 | 8.9 | 9.5 | 11.3 | 7.6 | 0 |
| Inventory | 35.4 | 33.9 | 30.8 | 29.7 | 28.8 | 26.5 | 23.6 | 19.9 | 21.1 | 21.1 | 22.2 | 24.7 | 25.9 | 30.8 | 43.0 | 63.0 | 74.0 | 73.7 | 71.0 | 63.9 | 59.1 | 49.5 | 42.3 | 19.2 | 20.7 | 24.9 | 21.9 | 13.8 | 12.7 | 10.5 | 10.4 | 0 |
| Other Current Assets | 18.7 | 20.2 | 21.6 | 20.0 | 14.4 | 14.3 | 22.9 | 22.7 | 19.1 | 18.4 | 20.8 | 20.9 | 18.9 | 24.2 | 23.3 | 0 | 0 | 0 | 20.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13.1 | 0 | 0 | 0 | 0 |
| Total Current Assets | 193.3 | 203.0 | 227.5 | 182.4 | 160.3 | 208.1 | 232.7 | 211.7 | 207.4 | 225.3 | 235.9 | 230.0 | 239.7 | 311.1 | 372.3 | 399.3 | 417.0 | 464.3 | 517.8 | 537.8 | 574.2 | 618.6 | 421.5 | 437.3 | 452.2 | 342.5 | 406.8 | 406.1 | 99.4 | 136.9 | 89.1 | 28.9 |
| Non-Current Assets | ||||||||||||||||||||||||||||||||
| Property, Plant & Equipment | 163.8 | 162.0 | 160.8 | 163.2 | 168.4 | 171.6 | 170.2 | 174.4 | 179.7 | 186.0 | 190.4 | 201.5 | 196.8 | 197.5 | 240.6 | 232.4 | 228.6 | 230.9 | 234.6 | 230.8 | 219.5 | 210.0 | 181.6 | 177.0 | 178.8 | 184.0 | 55.8 | 45.7 | 40.4 | 35.2 | 33.3 | 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 |
| 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 |
| Long-Term Investments | 14.8 | 0 | 0 | 14.9 | 14.9 | 14.9 | 14.9 | 14.9 | 14.9 | 0 | 14.9 | 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 | 6.4 | 20.9 | 20.8 | 5.8 | 5.8 | 5.8 | 5.4 | 5.3 | 5.3 | 20.2 | 5.6 | 21.2 | 22.3 | 3.2 | 2.7 | 2.8 | 2.8 | 3.3 | 2.5 | 2.9 | 2.8 | 2.2 | 2.0 | 2.0 | 3.0 | 3.0 | 2.7 | 1.5 | 18.3 | 14.9 | 13.0 | (28.9) |
| Total Non-Current Assets | 185.0 | 183.0 | 181.5 | 183.8 | 189.1 | 192.2 | 190.4 | 194.5 | 200.0 | 206.3 | 211.0 | 222.7 | 219.1 | 200.6 | 243.4 | 235.2 | 231.4 | 234.2 | 237.1 | 233.6 | 222.3 | 212.1 | 183.6 | 179.0 | 181.8 | 187.0 | 58.5 | 47.2 | 58.7 | 50.2 | 46.3 | (28.9) |
| Total Assets | 378.3 | 385.9 | 409.0 | 366.2 | 349.4 | 400.4 | 423.1 | 406.3 | 407.4 | 431.6 | 446.9 | 452.7 | 458.7 | 511.8 | 615.6 | 634.4 | 648.4 | 698.4 | 754.9 | 771.4 | 796.5 | 830.7 | 605.1 | 616.3 | 634.1 | 529.5 | 465.2 | 453.4 | 158.1 | 187.1 | 135.4 | 0 |
| Current Liabilities | ||||||||||||||||||||||||||||||||
| Account Payables | 15.0 | 14.9 | 14.6 | 11.1 | 13.6 | 19.8 | 11.0 | 10.8 | 12.7 | 14.1 | 9.0 | 8.1 | 13.2 | 8.9 | 11.9 | 9.9 | 8.1 | 6.3 | 4.5 | 8.2 | 13.5 | 9.3 | 14.3 | 5.4 | 6.0 | 9.9 | 11.2 | 5.7 | 4.5 | 5.2 | 5.1 | 0 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 26.7 | 26.7 | 26.6 | 26.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.5 | 5.5 | 6.0 | 0 |
| Deferred Revenue | 3.0 | 3.8 | 3.1 | 3.4 | 2.3 | 2.8 | 2.4 | 3.4 | 2.8 | 2.1 | 2.2 | 1.6 | 1.9 | 3.5 | 3.5 | 3.7 | 3.5 | 3.3 | 3.4 | 2.5 | 2.0 | 2.0 | 1.6 | 2.0 | 2.3 | 3.7 | 4.8 | 3.6 | 3.9 | 3.9 | 3.2 | 0 |
| Other Current Liabilities | 69.7 | 72.7 | 81.5 | 79.5 | 60.0 | 64.3 | 71.6 | 69.9 | 60.4 | 61.9 | 61.9 | 62.8 | 54.0 | 54.6 | 53.7 | 63.7 | 50.7 | 60.0 | 51.4 | 48.7 | 45.1 | 42.5 | 41.9 | 36.6 | 30.2 | 27.5 | 36.8 | 64.6 | 57.3 | 60.0 | 60.5 | 0 |
| Total Current Liabilities | 233.5 | 241.1 | 264.2 | 226.1 | 199.5 | 240.0 | 248.7 | 225.7 | 211.8 | 193.7 | 188.9 | 176.9 | 168.0 | 183.9 | 207.5 | 194.1 | 172.2 | 179.8 | 188.0 | 168.8 | 160.8 | 142.4 | 148.3 | 120.9 | 102.6 | 101.6 | 118.5 | 88.1 | 86.8 | 90.3 | 88.4 | 0 |
| Non-Current Liabilities | ||||||||||||||||||||||||||||||||
| Long-Term Debt | 375.8 | 375.3 | 371.8 | 371.3 | 372.7 | 372.2 | 411.3 | 407.9 | 407.4 | 433.5 | 452.4 | 451.8 | 451.1 | 450.5 | 449.8 | 449.0 | 448.3 | 447.7 | 348.4 | 344.2 | 340.2 | 336.1 | 149.2 | 148.1 | 147.0 | 0 | 0 | 0 | 0 | 2.5 | 3.2 | 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 |
| Other Non-Current Liabilities | 82.3 | 62.1 | 121.7 | 81.0 | 38.6 | 41.7 | 84.7 | 26.8 | 26.4 | 30.6 | 4.1 | 4.1 | 3.1 | 3.3 | 3.3 | 2.6 | 2.0 | 2.1 | 2.3 | 1.9 | 1.8 | 1.5 | 1.3 | 1.3 | 1.0 | 1.0 | 9.5 | 8.1 | 377.4 | 7.0 | 301.5 | 0 |
| Total Non-Current Liabilities | 522.5 | 504.2 | 560.3 | 525.2 | 488.1 | 496.4 | 581.8 | 526.0 | 530.9 | 564.9 | 561.4 | 565.8 | 566.3 | 571.3 | 578.2 | 581.6 | 583.3 | 588.0 | 493.8 | 491.9 | 481.4 | 478.4 | 265.6 | 261.0 | 263.6 | 121.2 | 9.5 | 8.1 | 377.4 | 9.5 | 304.8 | 0 |
| Total Liabilities | 756.0 | 745.3 | 824.6 | 751.3 | 687.6 | 736.4 | 830.5 | 751.7 | 742.7 | 758.6 | 750.2 | 742.7 | 734.3 | 755.3 | 785.7 | 775.7 | 755.5 | 767.8 | 681.8 | 660.7 | 642.2 | 620.8 | 413.8 | 382.0 | 366.2 | 222.8 | 128.0 | 96.1 | 464.3 | 99.8 | 393.1 | 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 | (1,283.9) | (1,256.7) | (1,295.6) | (1,256.8) | (1,202.8) | (1,191.4) | (1,253.8) | (1,185.4) | (1,167.4) | (1,150.7) | (1,119.6) | (1,097.9) | (1,075.0) | (1,033.7) | (951.2) | (912.5) | (865.3) | (812.1) | (768.1) | (715.9) | (658.7) | (588.0) | (532.0) | (479.0) | (435.7) | (392.8) | (356.2) | (333.1) | (307.9) | (281.0) | (257.7) | 0 |
| 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 | 0.1 | 0.4 | 0.3 | 0.0 | 0.0 | 0.0 | 0.0 | (0.0) | (177.0) |
| Total Stockholders' Equity | (377.7) | (359.4) | (415.5) | (385.1) | (338.2) | (336.1) | (407.4) | (345.4) | (335.3) | (327.1) | (303.3) | (290.0) | (275.6) | (243.5) | (170.1) | (141.3) | (107.1) | (69.3) | 73.1 | 110.7 | 154.3 | 209.9 | 191.3 | 234.3 | 267.9 | 306.8 | 337.2 | 357.2 | (306.1) | 87.3 | (257.7) | (3.6) |
| Total Liabilities & Equity | 378.3 | 385.9 | 409.0 | 366.2 | 349.4 | 400.4 | 423.1 | 406.3 | 407.4 | 431.6 | 446.9 | 452.7 | 458.7 | 511.8 | 615.6 | 634.4 | 648.4 | 698.4 | 754.9 | 771.4 | 796.5 | 830.7 | 605.1 | 616.3 | 634.1 | 529.5 | 465.2 | 453.4 | 158.1 | 187.1 | 135.4 | (3.6) |
| Debt Metrics | ||||||||||||||||||||||||||||||||
| Total Debt | 463.3 | 464.5 | 463.3 | 468.2 | 473.1 | 504.3 | 546.6 | 548.3 | 553.1 | 555.6 | 577.4 | 581.5 | 584.1 | 588.7 | 595.7 | 599.4 | 601.3 | 605.4 | 509.8 | 505.3 | 495.2 | 492.2 | 279.3 | 275 | 277.6 | 134.4 | 0 | 0 | 6.5 | 8.0 | 9.2 | 0 |
| Net Debt | 344.2 | 340.6 | 312.0 | 359.8 | 378.7 | 364.7 | 374.3 | 395.1 | 402.3 | 389.6 | 401.7 | 410.7 | 395.2 | 341.6 | 301.9 | 299.0 | 285.4 | 244.4 | 91.6 | 60.5 | 3.6 | (55.7) | (71.6) | (68.1) | (26.7) | (0.3) | (154.4) | (365.0) | (46.8) | (80.8) | (25.2) | 28.9 |
| 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 | 2019 Q3 | 2019 Q2 | 2019 Q1 | 2018 Q4 | 2018 Q3 | 2018 Q2 | 2018 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||||||||||
| Net Income | (27.2) | 38.9 | (38.8) | (54.1) | (11.4) | 62.4 | (68.5) | (17.9) | (16.7) | (31.1) | (21.7) | (22.9) | (41.3) | (82.5) | (38.6) | (47.3) | (53.2) | (57.4) | (52.2) | (57.2) | (70.7) | (56.0) | (51.3) | (43.6) | (43.0) | (38.5) | (21.4) | (25.3) | (26.9) | (23.2) | (22.2) | (21.9) | (17.6) | (14.1) |
| Depreciation & Amortization | 7.8 | 8.1 | 8.2 | 8.2 | 12.2 | 12.3 | 8.8 | 8.8 | 8.2 | 8.9 | 8.8 | 7.7 | 8.6 | 7.8 | 7.8 | 7.8 | 7.3 | 6.4 | 5.7 | 10.1 | 6.4 | 5.4 | 5.2 | 4.9 | 8.5 | 4.1 | 3.9 | 3.5 | 3.2 | 2.8 | 2.8 | 2.4 | 2.1 | 2.0 |
| Stock-Based Compensation | 7.6 | 6.3 | 6.8 | 6.6 | 0 | 0 | 6.5 | 7.8 | 7.7 | 7.1 | 8.0 | 8.5 | 8.8 | 9.0 | 9.1 | 10.8 | 13.7 | 12.5 | 12.5 | 12.6 | 12.8 | 10.9 | 7.4 | 7.4 | 0 | 3.4 | 2.8 | 2.5 | 1.3 | 1.9 | 0.9 | 1.6 | 0.7 | 0.5 |
| Change in Working Capital | (18.3) | (25.4) | 22.3 | 16.1 | (16.3) | (31.5) | 11.6 | 10.1 | (11.4) | (5.6) | 3.8 | (11.9) | (17.1) | (8.1) | 16.9 | 13.7 | (11.9) | (19.0) | 6.5 | (2.3) | 2.1 | (16.2) | (5.6) | 15.0 | (3.4) | (28.4) | 18.5 | 6.7 | (3.4) | (4.8) | 10.1 | 6.5 | (0.8) | (3.7) |
| Other Non-Cash Items | 31.7 | (44.5) | 51.0 | 42.4 | 6.8 | (71.5) | 69.6 | 0.3 | 5.4 | 17.3 | 11.6 | 7.6 | 10.7 | 43.4 | 8.4 | 7.5 | 5.5 | 8.2 | 8.8 | 1.8 | 9.0 | 8.0 | 5.9 | 6.9 | 6.3 | 4.4 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.3 | 0.0 |
| Operating Cash Flow | 1.6 | (16.6) | 49.5 | 19.3 | (8.6) | (28.3) | 28.0 | 9.1 | (6.8) | (3.5) | 10.5 | (10.9) | (30.4) | (30.4) | 3.7 | (7.4) | (38.5) | (49.4) | (18.8) | (35.1) | (40.5) | (47.8) | (38.4) | (9.4) | (31.6) | (55.0) | 3.6 | (11.9) | (23.6) | (22.6) | (7.6) | (10.9) | (13.7) | (15.0) |
| Investing Activities | ||||||||||||||||||||||||||||||||||
| Capital Expenditure | (4.0) | (7.5) | (6.6) | (5.6) | (11.4) | (7.6) | (5.1) | (4.0) | (5.0) | (2.1) | (3.6) | (8.1) | (8.1) | (15.9) | (6.5) | (6.8) | (4.5) | (8.4) | (9.7) | (9.7) | (17.1) | (8.3) | (4.6) | (7.7) | (6.7) | (8.0) | (11.2) | (8.9) | (8.5) | (5.4) | (6.1) | (6.6) | (3.2) | (3.2) |
| 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 | 2.6 | 2.8 | 2.2 | 0 | 1.5 | 0 | 0 | 0.8 |
| Purchases of 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 | (73.3) | (208.4) | (3.0) | (9.2) | 0 | (7.2) | (22.0) | 0 | (2.2) |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 48.1 | 53.3 | 62.8 | 114.0 | 5.3 | 11.1 | 10.0 | 12.9 | 2.0 | 0 | 0 | 14.6 |
| Other Investing Activities | (3.7) | (3.2) | (3.2) | (3.2) | 0.6 | 1.7 | (3.7) | (2.5) | (2.0) | (3.2) | (3.1) | (2.4) | (3.3) | (4.2) | (4.2) | (3.2) | (3.3) | (3.3) | (2.5) | (2.6) | (2.4) | (2.4) | (2.0) | (2.9) | 0 | (1.5) | (2.6) | (2.8) | (2.2) | 11.2 | (1.5) | (24.0) | (1.4) | (0.8) |
| Investing Cash Flow | (7.7) | (10.6) | (6.9) | (5.6) | (10.8) | (5.9) | (8.8) | (6.5) | (5.0) | (5.3) | (6.7) | (8.1) | (11.4) | (15.9) | (10.7) | (10.0) | (7.8) | (8.4) | (9.7) | (12.3) | (17.1) | (4.3) | 43.5 | 45.7 | 56.1 | 32.8 | (214.4) | (0.8) | (7.6) | 7.4 | (11.3) | (28.6) | (3.2) | 9.2 |
| Financing Activities | ||||||||||||||||||||||||||||||||||
| Net Debt Issuance | 0 | 0 | 0 | 0 | (26.7) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.2) | (0.4) | 278.8 | 0 | (0.0) | 332.6 | 0 | 0 | (6.5) | (1.5) | (1.2) | (1.8) | (1.2) | 13.5 | (0.8) |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | (1.2) | (0.1) | 0 | (0.3) | (0.2) | 0 | (0.1) | 0 | (0.2) | (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 |
| Other Financing Activities | 1.0 | (0.1) | (1.4) | 0.4 | (0.0) | 1.4 | 1.0 | (0.1) | (3.5) | (0.6) | 0.4 | (0.1) | 0.4 | (0.3) | 0.5 | 1.9 | 1.2 | 0.6 | 1.8 | 0.7 | 1.9 | (29.7) | 2.7 | 2.6 | (189.2) | 2.4 | 0.2 | 319.2 | (2.8) | 1.1 | 0.3 | 0.2 | (0.5) | 0.0 |
| Financing Cash Flow | 1.2 | (0.0) | 0.2 | 0.4 | (25.9) | 1.5 | (0.1) | (0.2) | (3.5) | (0.9) | 0.3 | (0.1) | 0.3 | (0.3) | 0.3 | 1.9 | 1.2 | 0.6 | 1.8 | 0.5 | 1.4 | 249.2 | 2.7 | 2.5 | 145.2 | 2.4 | 0.2 | 312.7 | (4.0) | 69.7 | (1.4) | 8.6 | 99.6 | (0.7) |
| Cash Position | ||||||||||||||||||||||||||||||||||
| Net Change in Cash | (4.9) | (27.3) | 42.8 | 14.1 | (45.3) | (32.6) | 19.0 | 2.4 | (15.2) | (9.7) | 4.1 | (19.1) | (41.5) | (46.6) | (6.6) | (15.5) | (45.1) | (57.2) | (26.6) | (46.8) | (56.2) | 197.0 | 7.8 | 38.7 | 169.7 | (19.8) | (210.5) | 300.0 | (35.2) | 54.6 | (20.3) | (30.9) | 82.7 | (6.5) |
| Cash at Beginning | 138.8 | 166.0 | 123.3 | 109.2 | 139.6 | 172.2 | 168.1 | 165.7 | 180.9 | 190.6 | 186.6 | 205.7 | 247.1 | 293.8 | 300.4 | 315.9 | 361.0 | 418.2 | 444.8 | 491.6 | 547.9 | 350.8 | 343.1 | 304.3 | 134.7 | 154.4 | 365.0 | 65.0 | 100.2 | 45.6 | 65.9 | 96.9 | 14.2 | 20.7 |
| Cash at End | 133.9 | 138.8 | 166.0 | 123.3 | 94.3 | 139.6 | 187.1 | 168.1 | 165.7 | 180.9 | 190.6 | 186.6 | 205.7 | 247.1 | 293.8 | 300.4 | 315.9 | 361.0 | 418.2 | 444.8 | 491.6 | 547.9 | 350.8 | 343.1 | 304.3 | 134.7 | 154.4 | 365.0 | 65.0 | 100.2 | 45.6 | 65.9 | 96.9 | 14.2 |
| Free Cash Flow | (2.4) | (24.1) | 43.0 | 13.7 | (20.0) | (35.9) | 22.9 | 5.0 | (11.7) | (5.6) | 6.9 | (19.1) | (38.5) | (46.4) | (2.8) | (14.2) | (43.0) | (57.8) | (28.4) | (44.7) | (57.6) | (56.1) | (43.0) | (17.1) | (38.3) | (62.9) | (7.6) | (20.8) | (32.1) | (28) | (13.7) | (17.5) | (16.9) | (18.2) |
| 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 | 192.6 | 189.7 | 194.1 | 173.6 | 165.2 | 160.0 | 164.0 | 147.8 | 144.9 | 143.8 | 143.4 | 133.2 | 130.9 | 141.9 | 159.7 | 142.7 | 154.4 | 146.7 | 145.1 | 118.8 | 104.9 | 98.8 | 86.3 | 78.1 | 57.3 | 78.2 | 97.3 | 80.5 | 71.0 | 69.3 | 62.1 | 51.8 | 47.0 | 46.5 |
| Gross Profit | 143.2 | 133.2 | 137.0 | 128.9 | 122.7 | 120.0 | 122.1 | 110.7 | 99.4 | 107.3 | 106.0 | 94.1 | 86.2 | 90.0 | 96.6 | 85.8 | 87.7 | 78.6 | 80.6 | 71.1 | 63.4 | 58.3 | 52.8 | 49.8 | 35.7 | 49.2 | 62.5 | 52.2 | 46.0 | 42.4 | 42.2 | 33.3 | 30.8 | 30.6 |
| Operating Income | (2.3) | (2.3) | 6.3 | (7.5) | (9.9) | (12.8) | (5.2) | (14.6) | (18.8) | (17.9) | (21.1) | (22.5) | (40.9) | (81.8) | (37.9) | (45.5) | (51.0) | (54.7) | (46.2) | (51.2) | (64.8) | (52.8) | (48.9) | (41.4) | (43.1) | (39.6) | (22.9) | (27.0) | (25.3) | (23.2) | (22.3) | (21.9) | (15.9) | (13.9) |
| Net Income | (27.2) | 38.9 | (38.8) | (54.1) | (11.4) | 62.4 | (68.5) | (17.9) | (16.7) | (31.1) | (21.7) | (22.9) | (41.3) | (82.5) | (38.6) | (47.3) | (53.2) | (57.4) | (52.2) | (57.2) | (70.7) | (56.0) | (51.3) | (43.3) | (43.0) | (38.3) | (21.4) | (25.3) | (26.9) | (23.2) | (22.2) | (21.9) | (17.6) | (14.1) |
| EPS (Diluted) | -0.23 | -0.02 | -0.33 | -0.49 | -0.13 | 0.52 | -0.62 | -0.17 | -0.20 | -0.30 | -0.21 | -0.22 | -0.41 | -0.83 | -0.39 | -0.49 | -0.56 | -0.61 | -0.56 | -0.62 | -0.78 | -0.62 | -0.60 | -0.49 | -0.49 | -0.44 | -0.25 | -0.30 | -0.32 | -0.32 | -0.30 | -0.09 | -0.30 | -0.24 |
| Balance Sheet | ||||||||||||||||||||||||||||||||||
| Cash & Equivalents | 119.1 | 124.0 | 151.2 | 108.4 | 94.3 | 139.6 | 172.2 | 153.2 | 150.7 | 166.0 | 175.7 | 170.8 | 188.9 | 247.1 | 293.8 | 300.4 | 315.9 | 361.0 | 418.2 | 444.8 | 491.6 | 547.9 | 350.8 | 343.1 | 304.3 | 134.7 | 154.4 | 365.0 | 53.3 | 88.8 | 34.4 | (28.9) | ||
| Total Assets | 378.3 | 385.9 | 409.0 | 366.2 | 349.4 | 400.4 | 423.1 | 406.3 | 407.4 | 431.6 | 446.9 | 452.7 | 458.7 | 511.8 | 615.6 | 634.4 | 648.4 | 698.4 | 754.9 | 771.4 | 796.5 | 830.7 | 605.1 | 616.3 | 634.1 | 529.5 | 465.2 | 453.4 | 158.1 | 187.1 | 135.4 | 0 | ||
| Total Debt | 463.3 | 464.5 | 463.3 | 468.2 | 473.1 | 504.3 | 546.6 | 548.3 | 553.1 | 555.6 | 577.4 | 581.5 | 584.1 | 588.7 | 595.7 | 599.4 | 601.3 | 605.4 | 509.8 | 505.3 | 495.2 | 492.2 | 279.3 | 275 | 277.6 | 134.4 | 0 | 0 | 6.5 | 8.0 | 9.2 | 0 | ||
| Stockholders' Equity | (377.7) | (359.4) | (415.5) | (385.1) | (338.2) | (336.1) | (407.4) | (345.4) | (335.3) | (327.1) | (303.3) | (290.0) | (275.6) | (243.5) | (170.1) | (141.3) | (107.1) | (69.3) | 73.1 | 110.7 | 154.3 | 209.9 | 191.3 | 234.3 | 267.9 | 306.8 | 337.2 | 357.2 | (306.1) | 87.3 | (257.7) | (3.6) | ||
| Cash Flow | ||||||||||||||||||||||||||||||||||
| Operating Cash Flow | 1.6 | (16.6) | 49.5 | 19.3 | (8.6) | (28.3) | 28.0 | 9.1 | (6.8) | (3.5) | 10.5 | (10.9) | (30.4) | (30.4) | 3.7 | (7.4) | (38.5) | (49.4) | (18.8) | (35.1) | (40.5) | (47.8) | (38.4) | (9.4) | (31.6) | (55.0) | 3.6 | (11.9) | (23.6) | (22.6) | (7.6) | (10.9) | (13.7) | (15.0) |
| Capital Expenditure | (4.0) | (7.5) | (6.6) | (5.6) | (11.4) | (7.6) | (5.1) | (4.0) | (5.0) | (2.1) | (3.6) | (8.1) | (8.1) | (15.9) | (6.5) | (6.8) | (4.5) | (8.4) | (9.7) | (9.7) | (17.1) | (8.3) | (4.6) | (7.7) | (6.7) | (8.0) | (11.2) | (8.9) | (8.5) | (5.4) | (6.1) | (6.6) | (3.2) | (3.2) |
| Free Cash Flow | (2.4) | (24.1) | 43.0 | 13.7 | (20.0) | (35.9) | 22.9 | 5.0 | (11.7) | (5.6) | 6.9 | (19.1) | (38.5) | (46.4) | (2.8) | (14.2) | (43.0) | (57.8) | (28.4) | (44.7) | (57.6) | (56.1) | (43.0) | (17.1) | (38.3) | (62.9) | (7.6) | (20.8) | (32.1) | (28) | (13.7) | (17.5) | (16.9) | (18.2) |