Rhythm Pharmaceuticals, Inc. logo RYTM - Rhythm Pharmaceuticals, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 20
HOLD 0
SELL 0
STRONG
SELL
0
| PRICE TARGET: $140.20 DETAILS
HIGH: $157.00
LOW: $125.00
MEDIAN: $143.00
CONSENSUS: $140.20
UPSIDE: 59.61%
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
Revenue
Revenue 60.1 57.3 51.3 48.5 32.7 41.8 33.3 29.1 26.0 24.2 22.5 19.2 11.5 8.8 4.3 9.1 1.5 1.8 1.0 0.3 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
Cost of Revenue 7.2 4.8 5.5 5.5 3.6 3.8 3.8 2.9 2.8 3.2 2.4 2.2 1.4 1.0 0.5 0.4 0.2 0.2 0.2 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
Gross Profit 53.0 52.5 45.8 43.0 29.1 38.0 29.4 26.1 23.2 21.0 20.1 17.0 10.0 7.8 3.8 8.7 1.3 1.6 0.8 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
Operating Expenses
R&D Expenses 41.7 42.0 46.0 42.3 37.0 41.2 37.9 30.0 128.5 29.9 33.6 33.5 37.9 23.5 21.1 31.5 32.5 31.6 27.5 25.1 19.9 22.0 23.0 23.0 22.5 24.8 26.6 35.3 22.8 18.8 10.7 8.6 12.3 6.7 6.0 5.4 4.9 5.6 5.4 4.5 4.0 3.6 2.2 0.7 0.7 0.6 0.1 2.4 2.4
SG&A Expenses 63.6 57.5 52.4 45.9 39.1 38.1 35.4 36.4 34.4 32.4 30.5 30.0 24.6 26.3 21.9 22.3 21.4 21.0 17.5 15.5 14.5 13.1 11.3 8.9 12.8 9.4 10.5 8.8 7.8 8.4 8.5 6.4 4.7 4.3 2.3 1.4 1.5 2.7 1.0 1.1 1.5 2.0 0.9 0.2 0.2 0.1 0.3 0.4 0.4
Other 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
Operating Expenses 105.3 99.5 98.5 88.3 76.1 79.3 73.3 66.6 163.0 62.3 64.0 63.6 62.6 49.9 43.1 53.8 54.0 52.6 45.0 40.6 34.4 35.1 34.3 31.9 35.3 34.2 37.1 44.1 30.5 27.2 19.2 15.0 17.0 11.0 8.3 6.8 6.4 8.4 6.4 5.7 5.4 6.1 3.1 0.9 0.9 0.8 0.2 2.7 2.7
Operating Income
Operating Income (52.4) (47.1) (52.7) (45.3) (47.0) (41.3) (43.9) (40.5) (139.9) (41.3) (44.0) (46.6) (52.5) (42.1) (39.3) (45.1) (52.7) (51.0) (44.2) (40.4) (34.4) (35.1) (34.3) (31.9) (35.3) (34.2) (37.1) (44.1) (30.5) (27.2) (19.2) (15.0) (17.0) (11.0) (8.3) (6.8) (6.4) (8.4) (6.4) (5.7) (5.4) (5.6) (3.1) (0.9) (0.9) (0.8) (0.2) (2.7) (2.7)
Interest Expense 4.6 4.6 4.7 5.8 5.4 5.4 5.2 4.6 4.8 4.5 3.1 3.3 3.1 3.0 2.1 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
Interest Income 3.6 4.1 4.3 3.2 3.6 3.5 4.1 4.1 3.0 3.8 3.5 3.2 3.4 3.0 0.9 0.3 0.2 0.1 0.1 0.0 0.2 0.2 0.5 0.8 1.1 1.3 1.1 1.4 1.5 1.6 1.6 0.6 0.5 0.5 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0 0 0 0 0 0 0 0
Profitability
EBITDA (52.4) (42.6) (47.7) (40.1) (43.6) (37.6) (38.4) (26.8) (135.9) (36.5) (40.2) (43.0) (48.7) (39.0) (38.3) (44.5) (52.4) (50.7) (43.8) (40.1) (34.2) (34.9) (34.1) (31.7) (35.1) (34.0) (36.9) (43.9) (30.3) (26.9) (19.1) (15.0) (16.9) (10.9) (8.2) (6.7) (6.3) (8.3) (6.3) (5.7) 0.0 (1.1) (0.3) 0 0 0 0 0 0
EBIT (52.4) (42.9) (48.1) (40.5) (44.0) (37.9) (38.7) (27.2) (136.3) (36.9) (40.6) (43.4) (49.1) (39.5) (38.7) (45.0) (52.7) (51.0) (44.1) (40.4) (34.4) (35.1) (34.3) (31.9) (35.3) (34.2) (37.1) (44.1) (30.5) (27.2) (19.2) (15.0) (17.0) (11.0) (8.3) (6.8) (6.4) (8.4) (6.4) (5.7) (5.4) (5.6) (3.1) (0.9) (0.9) (0.8) (0.2) (2.7) (2.7)
Income Before Tax (55.1) (47.5) (52.8) (46.3) (49.4) (43.4) (44.0) (31.8) (141.1) (41.4) (43.8) (46.7) (52.2) (42.5) (40.9) (45.0) (52.8) (50.9) (44.1) (40.4) 65.8 (34.9) (33.8) (31.1) (34.2) (33.0) (36.0) (42.8) (29.0) (25.5) (17.7) (14.4) (16.5) (10.5) (10.0) (6.8) (6.4) (8.4) (6.4) (5.7) (5.4) (6.1) (3.1) (0.9) (0.9) (0.8) (0.2) (2.7) (2.7)
Income Tax Expense 0.5 (0.0) 0.1 0.3 0.1 (0.1) (0.3) 0.5 0.3 0.2 0.4 0 0 0 0 0 0 (8.0) (9.0) (5.0) 22.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0 0 0 0 0 0 0 0
Net Income (55.6) (47.5) (52.9) (46.6) (49.5) (43.3) (43.6) (32.3) (141.4) (41.6) (44.2) (46.7) (52.2) (42.5) (40.9) (45.0) (52.8) (42.9) (35.1) (35.4) 43.8 (34.9) (33.8) (31.1) (34.2) (33.0) (36.0) (42.8) (29.0) (25.5) (17.7) (14.4) (16.5) (10.5) (10.0) (6.8) (6.4) (8.4) (6.4) (6.5) (6.2) (6.8) (3.4) (0.9) (0.9) (0.8) (0.2) (2.7) (2.7)
Per Share Data
EPS (Basic) -0.83 -0.73 -0.82 -0.75 -0.81 -0.72 -0.71 -0.53 -2.35 -0.70 -0.76 -0.82 -0.91 -0.75 -0.83 -0.89 -1.05 -0.85 -0.70 -0.70 0.92 -0.79 -0.77 -0.71 -0.78 -0.78 -1.04 -1.24 -0.84 -0.74 -0.52 -0.52 -0.60 -0.40 -0.38 -0.26 -0.38 -0.50 -0.38 -0.64 -0.61 -0.66 -0.34 -0.09 -0.09 -0.07 -0.02 -0.27 -0.27
EPS (Diluted) -0.83 -0.73 -0.82 -0.75 -0.81 -0.72 -0.71 -0.53 -2.35 -0.70 -0.76 -0.82 -0.91 -0.75 -0.83 -0.89 -1.05 -0.85 -0.70 -0.70 0.90 -0.79 -0.77 -0.71 -0.78 -0.78 -1.04 -1.24 -0.84 -0.74 -0.52 -0.52 -0.60 -0.40 -0.38 -0.26 -0.38 -0.50 -0.38 -0.64 -0.61 -0.66 -0.34 -0.09 -0.09 -0.07 -0.02 -0.27 -0.27
Shares Outstanding 68.0 66.9 64.3 63.7 63.1 61.6 61.2 61.0 60.1 59.2 57.9 56.9 56.7 56.3 51.4 50.4 50.3 50.3 50.2 50.2 47.6 44.0 44.1 43.8 43.8 42.2 34.5 34.5 34.4 34.4 34.3 28.0 27.3 26.2 26.1 26.1 16.7 16.7 16.7 10.2 10.2 10.2 10.2 10.2 10.2 10.2 10.2 10.2 10.2
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 Q1 2015 Q3 2015 Q2
Current Assets
Cash & Cash Equivalents 62.1 54.3 52.1 135.6 106.1 89.1 47.5 161.7 53.4 60.1 64.6 115.7 109.7 127.7 185.1 113.2 78.5 59.2 92.4 69.3 87.3 100.9 67.7 59.1 55.8 62.3 71.7 63.1 42.0 49.5 58.2 210.5 43.2 34.2 27.9 29.2 11.9 6.5 (34.9) 23.9 0.2
Short-Term Investments 278.5 334.6 364.0 155.4 208.4 231.4 250.9 157.5 147.8 215.8 234.7 137.9 184.9 205.6 162.7 122.4 162.4 235.6 236.0 298.8 317.5 71.9 134.1 169.5 201.6 230.2 90.8 132.0 179.5 202.5 214.1 77.1 93.3 113.8 2.5 9.0 12.0 4.0 69.7 0 0
Net Receivables 34.2 26.1 33.0 26.1 17.8 18.5 19.3 17.6 14.7 14.9 14.5 13.8 8.1 6.2 3.3 1.7 0.9 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
Inventory 28.7 25.8 0 18.9 19.3 18.7 13.9 12.0 8.5 8.6 7.8 6.2 5.5 2.9 0 0 0 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
Other Current Assets 26.6 10.0 45.7 24.7 17.7 8.8 8.8 8.6 11.4 6.7 7.6 10.3 9.7 7.4 0 0 0 4.0 0 0 0 3.0 0 0 0 3.5 0 0 0 1.3 0 0 0 1.1 0 0.2 1.0 0.2 0 0 0
Total Current Assets 430.1 466.9 494.8 360.7 369.3 374.2 340.3 357.4 235.8 308.3 329.2 283.9 317.8 354.2 361.9 249.3 253.4 308.4 335.6 378.5 412.1 181.7 209.9 237.8 267.9 302.4 170.9 203.5 230.2 258.7 276.5 290.8 138.4 150.7 32.0 38.9 24.8 11.2 34.9 24.0 0.2
Non-Current Assets
Property, Plant & Equipment 4.0 4.2 0 3.6 3.8 4.1 4.4 4.7 1.8 2.1 2.4 2.8 3.1 3.4 3.7 3.9 4.2 4.3 4.6 4.7 4.7 5.0 5.2 5.3 5.5 5.7 6.0 7.0 5.9 1.1 0.9 0.7 0.8 0.8 0.8 0.8 0.9 0.9 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 5.1 5.3 5.5 5.7 6.0 6.2 6.4 6.6 6.8 7.0 7.2 7.5 7.7 7.9 8.1 8.3 8.5 4.7 4.8 4.9 5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 0.6 0.5 0.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 2.5 3.3 5.9 2.7 7.6 7.8 12.5 13.2 14.3 15.3 15.3 15.8 17.1 17.0 15.9 16.1 18.7 12.1 10.9 0.3 0.3 0.4 0.4 0.4 0.4 0.4 0.7 0.4 0.4 0.4 0.3 0.2 0.2 0.2 1.9 1.1 0.3 0.2 (34.9) 0.7 0.2
Total Non-Current Assets 12.2 14.3 12.1 12.1 17.4 18.1 23.2 24.5 22.9 24.5 25.0 26.1 27.8 28.2 27.7 28.3 31.4 21.1 20.2 9.9 10.1 5.4 5.6 5.7 5.9 6.1 6.7 7.4 6.3 1.5 1.2 1.0 1.0 1.1 2.8 1.9 1.2 1.2 (34.9) 0.7 0.2
Total Assets 442.3 481.2 506.9 372.7 386.7 392.3 363.6 381.8 258.7 332.7 354.2 309.9 345.7 382.5 389.6 277.7 284.8 329.5 355.8 388.4 422.2 187.1 215.5 243.5 273.8 308.5 177.5 210.9 236.5 260.2 277.7 291.7 139.4 151.7 34.8 40.9 26.0 12.3 0 24.7 0.3
Current Liabilities
Account Payables 12.3 13.9 13.6 16.0 11.9 12.3 4.9 4.5 7.5 4.9 3.8 8.4 13.3 4.8 4.9 6.0 12.0 5.7 4.6 5.0 9.1 4.9 3.8 4.8 5.9 10.4 7.7 6.6 4.0 7.6 0.2 3.3 2.5 2.4 2.3 1.3 1.5 1.9 0 0.9 0.4
Short-Term Debt 10.8 7.9 0.6 3.8 0 0 0 0 0 0 0 0 0 0 0 0 0 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 0.2 0 0 0 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.4 1.4 1.8 2.3 9.4 7 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 65.6 61.4 90.0 44.4 46.2 43.6 40.9 5.8 8.2 5.4 3.8 2.7 2.8 2.4 5.0 4.1 1.5 0.8 0.8 0.3 0.2 0.2 0.1 0.2 0.1 0.4 0.1 0.2 1.1 0.1 0.0 0.1 0.1 0.1 0.2 0.1 2.5 0.2 0 0 0
Total Current Liabilities 103.2 105.9 104.3 129.5 111.8 115.5 97.6 54.7 54.2 55.2 50.1 46.1 46.0 39.8 33.1 44.6 47.3 43.4 23.5 17.5 16.9 18.0 15.8 14.9 17.7 24.4 25.2 26.1 12.6 13.6 7.8 7.2 5.6 6.7 5.5 4.8 4.2 4.7 0 1.9 0.7
Non-Current Liabilities
Long-Term Debt 213.0 235.2 146.9 251.5 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 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Tax Liabilities 0 1.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8.0 17.0 22.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 0 (3.3) 103.4 0 107.9 108.3 109.2 144.3 142.6 107.3 105.9 80.7 78.8 77.2 73.9 35.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0.4 0.3 0.2 0.2 0.2 0.2 0.3 0 0.3 0 0 0
Total Non-Current Liabilities 216.2 236.2 253.8 255.2 111.8 112.2 113.3 147.6 142.9 107.8 106.6 81.6 79.9 78.4 75.3 37.5 1.8 1.9 10.1 19.2 24.4 2.6 2.7 2.8 3.0 3.1 3.2 3.3 3.4 0.4 0.3 0.2 0.2 0.2 0.2 0.3 0 0.3 0 0 0
Total Liabilities 319.4 342.1 358.1 384.6 223.6 227.7 210.9 202.4 197.1 163.0 156.7 127.7 125.9 118.2 108.4 82.0 49.1 45.4 33.6 36.7 41.3 20.5 18.5 17.7 20.7 27.5 28.4 29.4 16.0 14.0 8.1 7.4 5.8 6.9 5.7 5.1 4.2 5.0 0 1.9 0.7
Stockholders' Equity
Common Stock 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 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 0.1 0.0 0 0.1 0.1
Retained Earnings (1,407.5) (1,351.9) (1,304.4) (1,251.5) (1,204.8) (1,155.3) (1,112.0) (1,068.4) (1,036.1) (894.7) (853.1) (808.9) (762.2) (710.1) (667.6) (626.7) (581.7) (528.9) (486.1) (451.0) (415.6) (459.3) (424.4) (390.6) (359.5) (325.3) (292.4) (256.4) (213.6) (184.6) (159.1) (141.1) (126.7) (110.3) (99.7) (89.7) (82.9) (76.5) 0 (44.5) (41.4)
Accumulated Other Comprehensive Income 0.4 (0.8) (0.9) (2.2) (0.1) (0.0) (0.6) (0.6) (0.2) 0.1 (0.1) (0.0) (0.0) (0.1) (0.3) (0.9) (0.6) (0.0) 0.0 0.0 (0.1) 0.0 0.2 0.6 0 0 0 0 0 0 0 (291.7) 0 0 0 (60.6) 0 0 (8.0) 0 0
Total Stockholders' Equity 122.9 139.1 148.8 (11.9) 163.1 164.5 152.7 179.5 61.6 169.8 197.5 182.3 219.8 264.3 281.2 195.6 235.8 284.2 322.3 351.7 380.9 166.5 196.9 225.8 253.1 281.0 149.1 181.5 220.5 246.3 269.6 284.3 133.7 144.8 29.1 35.8 21.6 7.3 32.0 22.8 (0.4)
Total Liabilities & Equity 442.3 481.2 506.9 372.7 386.7 392.3 363.6 381.8 258.7 332.7 354.2 309.9 345.7 382.5 389.6 277.7 284.8 329.5 355.8 388.4 422.2 187.1 215.5 243.5 273.8 308.5 177.5 210.9 236.5 260.2 277.7 291.7 139.4 151.7 34.8 40.9 25.7 12.3 32.0 24.7 0.3
Debt Metrics
Total Debt 227.0 246.5 151.0 259.5 4.1 3.9 4.0 4.1 1.1 1.3 1.4 1.6 1.8 1.9 2.1 2.3 2.4 2.6 2.7 2.8 3.0 3.1 3.2 3.3 3.4 3.6 3.7 3.7 3.6 0 0 0 0 0 0 0 0 0 0 0 0
Net Debt 164.9 192.2 98.9 123.9 (102.0) (85.2) (43.5) (157.6) (52.4) (58.8) (63.2) (114.1) (107.9) (125.7) (183.0) (110.9) (76.1) (56.7) (89.7) (66.5) (84.3) (97.8) (64.5) (55.8) (52.3) (58.7) (68.0) (59.4) (38.4) (49.5) (58.2) (210.5) (43.2) (34.2) (27.9) (29.2) (11.9) (6.5) 34.9 (23.9) (0.2)
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 (55.6) (47.5) (52.9) (46.6) (49.5) (43.3) (43.7) (32.3) (141.4) (41.6) (44.2) (46.7) (52.2) (42.5) (40.9) (45.0) (52.8) (42.9) (35.1) (35.4) 43.8 (34.9) (33.8) (31.1) (34.2) (33.0) (36.0) (42.8) (29.0) (25.5) (17.7) (14.4) (16.5) (10.5) (10.0) (6.8) (6.4) (8.4) (6.4) (5.7) (5.4)
Depreciation & Amortization 0.3 0.3 0.3 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.5 0.4 0.4 0.4 0.3 0.3 0.3 0.3 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 0.1 0.1 0.1 0.1 0.1 0.0 0
Stock-Based Compensation 23.1 19.3 18.8 15.9 12.9 10.6 11.0 10.4 7.8 8.7 8.6 8.9 6.4 5.3 4.8 5.1 4.6 4.7 5.3 5.7 5.2 4.3 4.7 3.0 5.5 2.9 3.0 3.3 2.6 2.0 1.9 1.5 1.0 0.7 0.9 0.4 0.3 0.3 0.3 0.3 0.3
Change in Working Capital (17.0) (0.7) 3.1 4.5 (7.9) 10.2 4.7 (2.1) (2.2) 8.9 (1.6) (7.3) 2.8 (0.1) (14.5) 0.6 (5.8) 5.4 (1.6) 2.6 (4.6) 1.4 2.0 (1.8) (7.5) (2.3) (0.8) 13.6 (5.4) 2.2 (1.3) 0.4 (0.6) 1.9 (1.1) 0.1 (1.0) 1.8 1.6 (0.9) (1.8)
Other Non-Cash Items 5.1 3.3 4.1 2.5 3.8 3.3 2.4 (5.4) 94.6 (5.8) 7.4 3.5 6.2 2.9 3.1 (0.0) (0.1) (8.1) (0.1) (0.1) (100.1) (0.1) (0.1) (0.1) (0.1) (0.1) 0.0 0.2 0.1 0.1 0.0 (0.0) 4.4 (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) 0.2 0.5
Operating Cash Flow (44.2) (25.4) (26.6) (23.3) (40.4) (18.8) (25.2) (29.1) (40.7) (29.4) (29.3) (41.1) (36.4) (34) (47.0) (38.8) (53.6) (40.5) (40.2) (31.8) (33.5) (29.1) (27.0) (29.7) (36.1) (32.2) (33.6) (25.5) (31.4) (21.0) (16.9) (12.5) (11.7) (7.9) (8.4) (6.1) (7.0) (6.2) (4.4) (6.2) (6.4)
Investing Activities
Capital Expenditure 0 (1.0) 0 0 0 0 0 0 (40) 0.0 (0.0) (0.9) (0.0) 0.0 (0.1) (4.1) (0.1) (0.1) (0.1) (5.2) (0.0) (0.1) (0.1) 0 0 0 (0.3) (2.3) (0.8) (0.4) (0.3) (0.0) 0 (0.1) (0.1) 0 0 0 (0.1) (0.4) (0.6)
Acquisitions 0 0 0 0 0 0 0 0 0 0 0 0.9 0 0 39.6 0 0 0 0 0 100 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments (42.2) (20.3) (267.8) (27.0) (33.5) (66.4) (135.6) (66.3) 0 (40.7) (169.2) (75.4) (69.6) (100.4) (101.1) (11.0) (39.5) (68.7) (93.8) (64.9) (297.5) (33.5) (10.0) (28.0) (15.4) (184.9) (41.1) (14.1) (55.8) (60.0) (168.2) (18.4) (2.0) (113.9) 0 (1.0) (12.0) (4.0) (4.1) 0 0
Sales/Maturities of Investments 99.3 51.6 61.5 81.0 58.3 87.5 45.3 57.8 70.0 63.3 74.5 124.5 92.7 59.6 61.5 51 112.1 69.0 156.7 83.7 51.8 95.4 45.0 60.9 44.2 45.8 82.8 62.5 80.2 72.7 32 34.8 22.6 2.5 6.5 4.0 4.0 4.1 5.3 0 0
Other Investing Activities 0 0 (40) 0 0 0 0 0 0 0 0 (0.9) (4.5) 0 (39.6) (4) 0 7 0 (5) 0 0 0 0 0 0 41.7 48.5 24.4 12.7 (136.2) 16.4 20.6 (111.4) 6.5 3.0 (8.0) 0.1 1.1 (3.5) (1.8)
Investing Cash Flow 57.1 30.3 (246.3) 54.0 24.8 21.2 (90.8) (8.6) 30.1 22.6 (95.0) 48.2 18.5 (40.8) (39.7) 36.0 72.5 7.2 62.8 13.5 (145.7) 61.9 34.9 32.9 28.9 (139.1) 41.5 46.1 23.5 12.3 (136.5) 16.4 20.6 (111.5) 6.4 3.0 (8.0) 0.1 1.1 (3.9) (2.3)
Financing Activities
Net Debt Issuance (4.3) (5.4) 0 0 0 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 0 0 0 0 0 0 0 0 0 0 0 0
Stock Repurchased 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 0 0 0 0 0 0 0
Other Financing Activities (8.5) 0 0.6 (0.9) (1.5) (0.8) 2.5 146.2 4.2 2.4 24.4 (1.3) (0.1) 3.2 41.6 37.5 0.4 0.1 0.4 0.4 3.9 0.4 0 0 0 0.6 0.4 0.5 0.0 0.2 1.2 0.3 0 125.7 0.7 0 0 0 0 0 0
Financing Cash Flow (5.4) (2.9) 189.3 (0.9) 32.5 38.3 2.5 146.2 4.2 2.4 73.0 (1.0) (0.1) 17.4 158.6 37.5 0.4 0.1 0.4 0.4 165.6 0.4 0.7 0.2 0.7 162.0 0.7 0.5 0.3 0.2 1.2 163.4 0 125.7 21.2 0 20.4 0 0 0 0
Cash Position
Net Change in Cash 7.8 2.2 (83.4) 29.6 17.0 41.6 (114.1) 108.2 (6.5) (4.5) (51.1) 6.0 (18.0) (57.4) 71.9 34.7 19.3 (33.1) 23.0 (17.9) (13.7) 33.2 8.6 3.3 (6.5) (9.4) 8.6 21.1 (7.5) (8.6) (152.2) 167.3 9.0 6.3 19.2 (3.4) 5.3 (6.1) (3.4) (10.2) (8.7)
Cash at Beginning 54.3 52.1 136.1 106.6 89.6 48.0 161.7 53.9 60.4 64.9 115.7 110.0 128.0 185.4 113.5 78.9 59.6 92.7 69.7 87.6 101.3 68.1 59.1 55.8 62.3 72.1 63.5 42.4 49.9 58.5 210.7 43.4 34.5 27.9 8.7 12.1 6.8 12.6 16.0 26.1 34.9
Cash at End 62.1 54.3 52.7 136.1 106.6 89.6 47.5 162.1 53.9 60.4 64.6 116.0 110.0 128.0 185.4 113.5 78.9 59.6 92.7 69.7 87.6 101.3 67.7 59.1 55.8 62.7 72.1 63.5 42.4 49.9 58.5 210.7 43.4 34.2 27.9 8.7 12.1 6.5 12.6 16.0 26.1
Free Cash Flow (44.2) (26.3) (26.6) (23.3) (40.4) (18.8) (25.2) (29.1) (80.7) (29.4) (29.3) (42.0) (36.5) (34.0) (47.1) (42.9) (53.8) (40.5) (40.3) (37.1) (33.5) (29.2) (27.2) (29.7) (36.1) (32.2) (33.9) (27.9) (32.2) (21.4) (17.3) (12.5) (11.7) (7.9) (8.5) (6.1) (7.0) (6.2) (4.5) (6.6) (6.9)
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
Income Statement
Revenue 60.1 57.3 51.3 48.5 32.7 41.8 33.3 29.1 26.0 24.2 22.5 19.2 11.5 8.8 4.3 9.1 1.5 1.8 1.0 0.3 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
Gross Profit 53.0 52.5 45.8 43.0 29.1 38.0 29.4 26.1 23.2 21.0 20.1 17.0 10.0 7.8 3.8 8.7 1.3 1.6 0.8 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
Operating Income (52.4) (47.1) (52.7) (45.3) (47.0) (41.3) (43.9) (40.5) (139.9) (41.3) (44.0) (46.6) (52.5) (42.1) (39.3) (45.1) (52.7) (51.0) (44.2) (40.4) (34.4) (35.1) (34.3) (31.9) (35.3) (34.2) (37.1) (44.1) (30.5) (27.2) (19.2) (15.0) (17.0) (11.0) (8.3) (6.8) (6.4) (8.4) (6.4) (5.7) (5.4) (5.6) (3.1) (0.9) (0.9) (0.8) (0.2) (2.7) (2.7)
Net Income (55.6) (47.5) (52.9) (46.6) (49.5) (43.3) (43.6) (32.3) (141.4) (41.6) (44.2) (46.7) (52.2) (42.5) (40.9) (45.0) (52.8) (42.9) (35.1) (35.4) 43.8 (34.9) (33.8) (31.1) (34.2) (33.0) (36.0) (42.8) (29.0) (25.5) (17.7) (14.4) (16.5) (10.5) (10.0) (6.8) (6.4) (8.4) (6.4) (6.5) (6.2) (6.8) (3.4) (0.9) (0.9) (0.8) (0.2) (2.7) (2.7)
EPS (Diluted) -0.83 -0.73 -0.82 -0.75 -0.81 -0.72 -0.71 -0.53 -2.35 -0.70 -0.76 -0.82 -0.91 -0.75 -0.83 -0.89 -1.05 -0.85 -0.70 -0.70 0.90 -0.79 -0.77 -0.71 -0.78 -0.78 -1.04 -1.24 -0.84 -0.74 -0.52 -0.52 -0.60 -0.40 -0.38 -0.26 -0.38 -0.50 -0.38 -0.64 -0.61 -0.66 -0.34 -0.09 -0.09 -0.07 -0.02 -0.27 -0.27
Balance Sheet
Cash & Equivalents 62.1 54.3 52.1 135.6 106.1 89.1 47.5 161.7 53.4 60.1 64.6 115.7 109.7 127.7 185.1 113.2 78.5 59.2 92.4 69.3 87.3 100.9 67.7 59.1 55.8 62.3 71.7 63.1 42.0 49.5 58.2 210.5 43.2 34.2 27.9 29.2 11.9 6.5 (34.9) 23.9 0.2
Total Assets 442.3 481.2 506.9 372.7 386.7 392.3 363.6 381.8 258.7 332.7 354.2 309.9 345.7 382.5 389.6 277.7 284.8 329.5 355.8 388.4 422.2 187.1 215.5 243.5 273.8 308.5 177.5 210.9 236.5 260.2 277.7 291.7 139.4 151.7 34.8 40.9 26.0 12.3 0 24.7 0.3
Total Debt 227.0 246.5 151.0 259.5 4.1 3.9 4.0 4.1 1.1 1.3 1.4 1.6 1.8 1.9 2.1 2.3 2.4 2.6 2.7 2.8 3.0 3.1 3.2 3.3 3.4 3.6 3.7 3.7 3.6 0 0 0 0 0 0 0 0 0 0 0 0
Stockholders' Equity 122.9 139.1 148.8 (11.9) 163.1 164.5 152.7 179.5 61.6 169.8 197.5 182.3 219.8 264.3 281.2 195.6 235.8 284.2 322.3 351.7 380.9 166.5 196.9 225.8 253.1 281.0 149.1 181.5 220.5 246.3 269.6 284.3 133.7 144.8 29.1 35.8 21.6 7.3 32.0 22.8 (0.4)
Cash Flow
Operating Cash Flow (44.2) (25.4) (26.6) (23.3) (40.4) (18.8) (25.2) (29.1) (40.7) (29.4) (29.3) (41.1) (36.4) (34) (47.0) (38.8) (53.6) (40.5) (40.2) (31.8) (33.5) (29.1) (27.0) (29.7) (36.1) (32.2) (33.6) (25.5) (31.4) (21.0) (16.9) (12.5) (11.7) (7.9) (8.4) (6.1) (7.0) (6.2) (4.4) (6.2) (6.4)
Capital Expenditure 0 (1.0) 0 0 0 0 0 0 (40) 0.0 (0.0) (0.9) (0.0) 0.0 (0.1) (4.1) (0.1) (0.1) (0.1) (5.2) (0.0) (0.1) (0.1) 0 0 0 (0.3) (2.3) (0.8) (0.4) (0.3) (0.0) 0 (0.1) (0.1) 0 0 0 (0.1) (0.4) (0.6)
Free Cash Flow (44.2) (26.3) (26.6) (23.3) (40.4) (18.8) (25.2) (29.1) (80.7) (29.4) (29.3) (42.0) (36.5) (34.0) (47.1) (42.9) (53.8) (40.5) (40.3) (37.1) (33.5) (29.2) (27.2) (29.7) (36.1) (32.2) (33.9) (27.9) (32.2) (21.4) (17.3) (12.5) (11.7) (7.9) (8.5) (6.1) (7.0) (6.2) (4.5) (6.6) (6.9)