Soleno Therapeutics, Inc. logo SLNO - Soleno Therapeutics, Inc.

Inactive Ticker SLNO is not actively trading. Quotes and analytics may be stale.
Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 8
HOLD 5
SELL 0
STRONG
SELL
0
| PRICE TARGET: $80.00 DETAILS
HIGH: $107.00
LOW: $53.00
MEDIAN: $80.00
CONSENSUS: $80.00
UPSIDE: 50.91%
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 2013 Q4 2013 Q3 2013 Q2 2013 Q1
Revenue
Revenue 94.6 91.7 66.0 32.7 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 0 734.9 0 0.0 0.3 0.3 0.3 0.4 0.4 0.2 0.1 0.0 0.0 0 0 0 0 0 0 0 3
Cost of Revenue 1.2 0.9 1.1 0.7 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 0 0 0 0 0 819.8 2.7 0.0 0.2 0.2 0.4 0.4 0.5 0.3 0.1 0.0 0.0 0 0 0 0 0 0 0 0
Gross Profit 93.4 90.9 64.9 32.0 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 0 0 0 0 0 (84.9) (2.7) (0.0) 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 3
Operating Expenses
R&D Expenses 11.3 9.6 8.4 9.1 13.5 21.5 30.1 12.3 14.6 8.7 6.0 5.1 5.3 3.8 3.8 3.7 4.0 3.7 5.0 5.6 7.2 5.6 4.8 6.1 6.7 5.3 4.5 3.7 2.8 2.2 2.1 1.7 1.2 1.0 1.0 1.0 1.0 1.0 1.1 1.3 1.8 1.3 1.2 1.2 0.9 0.6 0.7 0.5 0.4 0.4 0.7 0.6 0.7
SG&A Expenses 50.4 40.9 33.8 28.2 29.3 37.3 49.2 10.4 8.5 4.1 3.3 3.2 2.9 2.4 2.3 2.5 2.6 2.6 2.8 2.5 3.0 2.3 2.3 2.2 2.0 1.6 1.6 1.7 2.0 1.4 1.6 1.8 1.9 1.7 1.7 2.2 1.3 2.1 1.7 2.1 2.5 2.2 2.2 1.9 1.6 1.2 0.6 0.8 0.3 0.2 0.2 0.6 0.4
Other Expenses 0 0 0.6 1.1 3.0 0.3 0.9 0 0.4 1.1 1.0 0.3 0.3 (0.6) 0.1 0.6 (0.9) (3.3) 0.6 3.0 (19.3) 0.1 0.8 2.8 (18.0) 0 0.0 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) (0.1) 0 (3.7) 0 0 0 0 0 0 0
Operating Expenses 61.6 50.4 42.8 38.5 45.7 59.1 80.2 22.7 23.5 13.9 10.4 8.6 8.5 5.6 6.2 6.8 5.8 3.0 8.3 11.1 (9.2) 8.0 7.9 11.2 (9.3) 6.9 6.1 5.4 4.8 3.6 3.6 3.5 3.0 2.7 2.7 3.2 2.3 3.0 2.9 3.4 4.2 3.5 3.2 3.1 2.4 1.8 1.3 1.3 0.7 0.6 1.0 1.2 1.1
Operating Income
Operating Income 31.8 40.4 22.1 (6.5) (45.7) (59.1) (80.2) (23.2) (23.5) (13.9) (10.4) (8.6) (8.5) (5.6) (6.2) (6.8) (5.8) (3.0) (8.3) (11.1) 9.2 (8.0) (7.9) (11.2) 9.3 (6.9) (6.1) (5.6) (5.0) (3.5) (3.9) (3.4) (3.5) (5.2) (2.7) (3.2) (2.2) (3.0) (2.9) (3.5) (4.3) (3.5) (3.2) (3.0) (2.4) (1.8) (1.3) (1.3) (0.7) (0.6) (1.0) (1.2) 1.9
Interest Expense 1.3 1.3 1.4 1.4 1.4 0 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 0.0 0 0.1 0 0.6 0 0.2 0 1.1 0 0 0 0.0 2.3 0.8 0.7 0.4 0.3 0.6 1.0 0.9
Interest Income 4.9 5.1 5.3 3.2 3.3 3.4 3.6 3.0 2.1 2.1 0.2 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 0.1 0 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 0.0
Profitability
EBITDA 32.3 45.2 27.9 (2.8) (41.9) (49.5) (78.8) (22.7) (20.9) (12.3) (8.9) (7.8) (7.7) (5.7) (5.6) (5.7) (6.1) (5.8) (7.2) (7.6) (9.7) (7.3) (6.6) (7.9) (8.2) (6.4) (5.6) (5.0) (4.3) 0.9 (3.2) (3.0) (2.6) (2.1) (2.2) (2.5) (1.3) (2.6) (1.9) (2.3) (4.2) (3.5) (3.2) (3.0) (2.4) (1.8) (1.3) (1.3) (0.7) (0.7) (1.0) (1.2) 2.0
EBIT 31.8 44.7 27.4 (3.3) (42.4) (50.0) (79.3) (23.2) (21.4) (12.8) (9.4) (8.3) (8.2) (6.2) (6.1) (6.2) (6.6) (6.3) (7.7) (8.1) (10.1) (7.8) (7.1) (8.4) (8.7) (6.9) (6.1) (5.4) (4.8) (1.6) (3.6) (3.5) (3.0) (2.7) (2.6) (3.0) (1.4) (4.2) (2.8) (2.3) (4.3) (7.3) (3.3) (3.0) (2.4) (5.5) (1.3) (1.3) (0.4) (0.7) (1.0) (1.2) 2.0
Income Before Tax 34.9 43.4 26.0 (4.7) (43.8) (56.0) (76.6) (21.9) (21.4) (11.3) (10.9) (8.5) (8.4) (5.5) (6.1) (6.7) (5.7) (2.8) (8.1) (11.0) (9.0) (2.9) (8.5) (7.4) (5.9) (14.6) 0.9 (10.0) (7.0) 0.4 (2.3) (7.2) (3.2) (6.1) (2.6) (3.2) (2.9) (2.6) (2.8) (3.5) (3.2) (2.8) (3.3) 1.9 (11.7) (7.9) (2.4) (2.8) (0.8) (1.0) (1.6) (2.2) 1.0
Income Tax Expense 3.5 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 (7.1) 0 0 0 0 4.2 0.7 (2.0) 0 0.8 0.1 21.7 (0.0) 0.0 0 0 0 0 0.0 0 0 0 0.6 0 0 0 0
Net Income 31.4 43.4 26.0 (4.7) (43.8) (56.0) (76.6) (21.9) (21.4) (11.3) (10.9) (8.5) (8.4) (5.5) (6.1) (6.7) (5.7) (2.8) (8.1) (11.0) (9.0) (2.9) (8.5) (7.4) (5.9) (14.6) 0.9 (10.0) (7.0) 0.3 (2.7) (7.6) (3.8) (5.0) (3.8) (4.0) (2.9) (2.6) (2.8) (3.5) (3.2) (2.8) (3.3) 1.9 (11.7) (7.9) (2.4) (2.8) (0.8) (1.0) (1.6) (2.2) 1.0
Per Share Data
EPS (Basic) 0.60 0.96 0.49 -0.09 -0.95 -1.27 -1.83 -0.57 -0.59 -0.43 -0.95 -0.81 -0.88 -0.58 -0.65 -0.72 -1.07 -0.53 -1.53 -2.10 -1.65 -0.60 -1.65 -2.40 -1.95 -5.40 0.45 -4.72 -3.32 0.15 -1.91 -5.63 -2.88 -3.86 -5.87 -6.25 -8.51 -7.30 -13.09 -16.97 -16.16 -14.42 -24.60 18.75 -125.45 -87.04 -134.39 -149.51 -44.64 -52.15 -85.11 -115.47 54.28
EPS (Diluted) 0.59 0.80 0.47 -0.09 -0.95 -1.27 -1.83 -0.57 -0.59 -0.43 -0.95 -0.81 -0.88 -0.58 -0.65 -0.72 -1.07 -0.53 -1.53 -2.10 -1.65 -0.60 -1.65 -2.40 -1.95 -5.40 -2.85 -4.72 -3.32 0.15 -1.91 -5.63 -2.88 -3.86 -5.87 -6.25 -8.51 -7.30 -13.09 -16.97 -16.16 -14.42 -24.60 18.75 -125.45 -84.58 -134.39 -149.51 -44.64 -52.15 -85.11 -115.47 54.28
Shares Outstanding 52.1 53.2 53.3 50.5 46.2 43.9 41.9 38.6 36.2 26.4 11.4 10.4 9.4 9.4 9.4 9.3 5.3 5.3 5.3 5.3 5.3 5.3 5.3 3.1 3.0 2.7 2.1 2.1 2.1 1.5 1.4 1.4 1.3 1.3 0.6 0.6 0.3 0.4 0.2 0.2 0.2 0.2 0.1 0.1 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0
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
Current Assets
Cash & Cash Equivalents 133.0 70.1 246.7 76.5 81.3 87.9 48.4 57.0 42.8 169.7 52.4 19.4 7.9 14.6 19.8 24.1 29.0 21.3 28.2 33.6 41.6 49.2 56.1 62.5 15.1 20.7 11.2 15.5 19.4 23.1 10.2 12.6 14.9 17.1 5.6 7.5 10.5 2.7 5.4 2.5 6.5
Short-Term Investments 122.6 235.4 252.3 210.3 208.6 203.5 208.4 209.1 106.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.6 0.8 1.0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 47.1 28.2 25.5 24.6 0 0 0 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 0.1 0 0 0 0 0 0.0 0.1 0.1 0.1 0.3 0.2
Inventory 17.3 15.0 6.7 2.4 0 0 0 0 0 0 0 0 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 0.9 0.7 0.7 0.8 0.7
Other Current Assets 6.3 7.1 3.7 3.0 19.0 2.5 1.4 1.4 1.6 1.7 1.2 1.1 1.3 1.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1.2 0.7 0.5 0.6 0.6 2.4 0.0 0.0 0.0 0.0 0.0
Total Current Assets 326.4 355.8 534.9 316.8 308.9 293.9 258.2 267.5 151.2 171.4 53.7 20.5 9.1 15.6 20.6 24.9 30.0 22.4 28.9 34.5 42.5 50.2 56.5 63.0 15.6 21.1 11.6 16.6 20.9 24.7 11.4 13.3 15.8 18.0 6.4 10.3 11.8 3.8 6.5 3.8 7.6
Non-Current Assets
Property, Plant & Equipment 4.1 2.4 2.5 2.6 2.8 3.0 3.2 0.3 0.4 0.4 0.5 0.6 0.1 0.2 0.2 0.3 0.4 0.5 0.5 0.6 0.1 0.2 0.2 0.3 0.4 0.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1
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 0.1 0 0 0.7 0.7 0.7 0.7 0.7
Intangible Assets 4.4 4.9 5.3 5.8 6.3 6.8 7.3 7.8 8.3 8.7 9.2 9.7 10.2 10.7 11.2 11.7 12.2 12.6 13.1 13.6 14.1 14.6 15.1 15.6 16.0 16.5 17.0 17.5 18.0 18.5 19.0 19.4 19.9 20.4 19.4 19.9 21.1 0.8 0.8 0.9 0.9
Long-Term Investments 0 0 57.1 7.0 0 27.2 27.9 28.5 8.8 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
Other Non-Current Assets 273.5 200.8 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.2 0.1 0 0 0 0.0 0.0 0.0 0.0 0 0 0 0 0.1 0.1 0.1 0 0 0 0.5 0.6 0.6 0.6 0.6 0.1 0.1 0.1 0.1 0.1 0.1
Total Non-Current Assets 282.0 208.0 65.0 15.5 9.2 37.1 38.5 36.6 17.6 9.3 9.9 10.4 10.4 10.8 11.4 12.0 12.6 13.1 13.7 14.2 14.2 14.7 15.3 15.9 16.5 17.0 17.1 17.5 18.0 18.5 19.4 20.0 20.5 21.0 20.0 20.1 22.1 1.8 1.8 1.8 1.8
Total Assets 608.4 563.8 599.9 332.3 318.1 331.0 296.7 304.1 168.8 180.7 63.5 30.9 19.5 26.5 32.0 36.9 42.5 35.6 42.6 48.8 56.7 65.0 71.8 78.9 32.1 38.2 28.7 34.1 38.9 43.2 30.8 33.3 36.3 39.0 26.4 30.4 33.9 5.6 8.3 5.5 9.4
Current Liabilities
Account Payables 12.4 12.4 8.1 6.2 5.5 8.9 6.2 3.7 8.0 3.1 3.2 3.4 2.8 1.8 2.3 2.4 2.4 3.3 3.9 3.3 4.7 3.5 3.2 3.7 3.5 2.0 1.7 1.7 1.3 0.9 1.2 1.0 1.1 0.6 0.6 1.0 0.9 0.4 0.9 1.0 1.3
Short-Term Debt 1.2 0.7 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
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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 44.5 48.2 17.2 11.8 7.4 7.5 6.5 3.3 1.5 4.7 22.3 1.7 0.7 0.5 2.0 1.3 1.0 1.1 1.3 0.9 0.6 1.2 1.2 1.0 0.6 0.7 1.7 1.1 1.0 0.6 1.3 1.0 0.8 0.1 0.2 0.3 0.1 0.2 0.0 0 0
Total Current Liabilities 58.0 61.4 33.3 20.9 15.7 18.7 15.0 9.2 13.5 11.5 29.0 8.8 7.8 7.3 7.3 7.2 7.3 8.0 9.0 8.4 9.5 8.6 8.0 8.4 7.3 5.0 3.5 2.9 2.2 1.9 2.5 1.9 1.9 1.7 1.7 2.1 2.2 1.7 1.8 1.9 2.6
Non-Current Liabilities
Long-Term Debt 3.2 2.0 2.1 49.8 49.8 49.8 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
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 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 51.3 50.4 69.7 19.1 17.9 14.8 14.5 14.2 11.9 11.5 11.1 9.4 9.1 8.8 9.4 9.3 8.7 9.6 13.0 12.6 9.6 10.8 15.8 14.3 15.3 18.3 10.4 17.4 13.0 10.9 14.1 15.6 11.4 10.8 1.4 1.6 1.5 0.4 0.8 1.0 1.0
Total Non-Current Liabilities 54.5 52.4 71.8 71.2 70.1 67.1 17.0 14.2 12.0 11.7 11.3 9.7 9.1 8.8 9.4 9.3 8.8 9.8 13.3 13.0 9.6 10.8 15.8 14.3 15.3 18.3 10.4 17.4 13.0 10.9 14.1 15.6 11.4 10.8 1.4 1.6 1.5 0.4 0.8 1.0 1.0
Total Liabilities 112.6 113.7 105.1 92.2 85.8 85.9 32.0 23.4 25.5 23.2 40.3 18.5 16.9 16.1 16.8 16.6 16.1 17.8 22.4 21.3 19.1 19.4 23.8 22.7 22.6 23.2 13.8 20.3 15.2 12.7 16.6 17.5 13.3 12.5 3.2 3.7 3.7 2.1 2.6 2.9 3.6
Stockholders' Equity
Common Stock 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 0.1 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 0.0 0.0
Retained Earnings (400.0) (431.4) (474.7) (500.7) (496.0) (452.3) (396.3) (319.7) (297.8) (276.4) (265.1) (254.3) (245.8) (237.4) (231.9) (225.8) (219.1) (213.4) (210.5) (202.4) (191.4) (182.4) (179.6) (171.0) (163.7) (157.8) (143.2) (144.1) (134.1) (127.0) (127.3) (125.4) (117.7) (114.0) (109.0) (105.2) (101.2) (98.3) (95.7) (92.9) (89.4)
Accumulated Other Comprehensive Income (1.8) 0.4 0.4 0.1 0.2 0.4 0 (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 (0.1) 0 0 0 (0.1) 0 0 0 (0.2) 0 0 0
Total Stockholders' Equity 495.8 450.1 494.8 240.1 232.3 245.1 264.7 280.8 143.4 157.5 23.2 12.4 2.6 10.3 15.2 20.3 26.5 17.8 20.2 27.4 37.6 45.5 48.0 56.2 9.5 14.9 14.9 13.8 23.6 30.4 14.2 15.8 23.0 26.5 23.2 26.7 30.1 3.4 5.7 2.6 5.8
Total Liabilities & Equity 608.4 563.8 599.9 332.3 318.1 331.0 296.7 304.1 168.8 180.7 63.5 30.9 19.5 26.5 32.0 36.9 42.5 35.6 42.6 48.8 56.7 65.0 71.8 78.9 32.1 38.2 28.7 34.1 38.9 43.2 30.8 33.3 36.3 39.0 26.4 30.4 33.9 5.6 8.3 5.5 9.4
Debt Metrics
Total Debt 4.4 2.7 2.8 52.8 52.8 52.8 3.0 0.3 0.3 0.4 0.5 0.5 0.0 0.2 0.2 0.3 0.4 0.5 0.6 0.6 0.1 0.1 0.2 0.3 0.3 0.3 0.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Debt (128.6) (67.4) (243.9) (23.7) (28.5) (35.1) (45.4) (56.7) (42.5) (169.3) (52.0) (18.9) (7.8) (14.4) (19.5) (23.7) (28.6) (20.8) (27.6) (33.0) (41.5) (49.1) (55.9) (62.2) (14.8) (20.4) (11.2) (15.5) (19.4) (23.1) (10.2) (12.6) (14.9) (17.1) (5.6) (7.5) (10.5) (2.7) (5.4) (2.5) (6.5)
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 31.4 43.4 26.0 (4.7) (43.8) (56.0) (76.6) (21.9) (21.4) (11.3) (10.9) (8.5) (8.4) (5.5) (6.1) (6.7) (5.7) (2.8) (8.1) (11.0) (9.0) (2.9) (8.5) (7.4) (5.9) (14.6) 0.9 (10.0) (7.0) 0.4 (1.8) (7.2) (3.2) (4.5) (2.1) (2.6) (2.9) (2.6) (2.8) (3.5) (3.2)
Depreciation & Amortization 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.6 0.5 0.4 0.2 0.0 0.0 0.0 0.0
Stock-Based Compensation 0 11.5 0 9.7 14.7 29.8 56.6 7.2 6.4 1.9 2.2 1.2 0.6 0.6 0.7 0.6 0.6 0.4 0.9 0.9 1.1 0.4 0.4 0.3 0.4 0.3 0.2 0.2 0.2 0.3 0.2 0.2 0.3 0.0 0.2 0.4 0.2 0.3 0.2 0.2 0.1
Change in Working Capital (22.4) (6.4) 6.6 (18.4) (6.4) 2.6 2.1 (4.0) 1.9 1.9 0.1 0.8 0.1 (0.3) 0.1 0.4 (1.0) (1.5) 0.8 (1.4) 1.0 (0.0) (0.0) 0.9 2.1 0.7 0.7 0.8 0.3 (0.8) 0.6 0.3 0.1 (0.3) 0.3 0.2 (0.4) (0.1) (0.1) (0.8) 0.2
Other Non-Cash Items 16.4 (0.2) 10.6 0.3 2.2 (0.9) 2.5 0.6 (0.0) 3.5 1.1 0.4 0.4 (0.5) 0.2 0.7 (0.8) (3.3) 0.6 3.1 (1.1) 0.2 0.8 2.9 0.7 0.2 0.2 0.4 0.4 0.2 0.3 (0.0) 0.5 1,652.7 0.1 0.1 0.7 (22.0) 0.0 0.0 0.0
Operating Cash Flow 26.0 48.7 43.6 (12.6) (32.8) (24.0) (14.9) (17.7) (12.5) (6.3) (6.3) (5.6) (6.7) (5.1) (4.7) (4.6) (6.4) (6.9) (5.4) (8.0) (7.5) (6.9) (6.2) (6.5) (5.7) (5.1) (4.7) (3.9) (3.7) (3.7) (2.7) (2.8) (2.5) (2.7) (2.3) (2.8) (2.2) (2.7) (2.8) (4.0) (4.0)
Investing Activities
Capital Expenditure (0.0) (0.1) (0.0) (0.0) (0.0) (0.0) (0.2) (0.0) (0.0) 0 0 0 0 (0.0) (0.0) (0.0) 0 (0.0) (0.0) 0 (0.0) (0.0) (0.0) 0 0 (0.0) 0 (0.0) (0.0) (0.0) (0.0) (0.0) 0 (2.6) (0.0) (0.0) (0.0) 0.0 (0.0) (0.0) (0.0)
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 0 0 0 0 0 0 0 0.0 (0.3) 0 0 0 0 0 0
Purchases of Investments (101.3) (187.8) (163.2) (59.4) (45.4) (47.5) (47.8) (145.9) (115.2) 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 0 0
Sales/Maturities of Investments 139.3 62.5 71.7 51.5 68.3 54 52 25 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.5 0 0 0 0 0 0 0 0 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 0 0 0 0 0 0 0 0 0 (0.4) 0.4 0 0 (0.2) 0 (0.0) 0 2.8 0.7 (0.2) (0.0) (0.0) 0.0 (0.0) 0
Investing Cash Flow 38.0 (125.4) (91.4) (7.9) 22.9 6.4 4.0 (120.9) (115.2) 0 0 0 0 (0.0) (0.0) (0.0) 0 (0.0) (0.0) 0 (0.0) (0.0) (0.0) 0 0 0.1 0.4 (0.0) (0.0) (0.2) (0.0) (0.0) 0 0.2 0.4 (0.2) (0.0) 0.0 0 (0.0) (0.0)
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 0 0
Stock Repurchased (0.0) (100.1) 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 7.9 (7.8) 0 (0.1)
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 (1.1) (0.7) 0 (0.2) 3.2 57.1 2.9 152.7 0.9 5.6 36.5 0 0 (1.0) 0 0 (0.0) 0 0 0 (0.1) 0 0 54.0 0 14.5 0 0 0 (0.2) 0.7 0.5 0.3 (1.1) 0 0 0 (0.1) 5.7 0 (0.1)
Financing Cash Flow (1.0) (99.9) 218.0 15.7 3.2 57.1 2.3 152.7 0.9 123.6 39.4 17.1 0 0 0.3 (0.3) 14.0 (0.0) 0 0.0 (0.1) (0.0) (0.2) 54.0 (0.0) 14.5 0 0 0 16.3 0.7 0.5 0.3 13.9 0 0 10 (0.0) 5.7 0.1 5
Cash Position
Net Change in Cash 62.9 (176.6) 170.2 (4.8) (6.6) 39.5 (8.6) 14.2 (126.8) 117.2 33.1 11.5 (6.7) (5.1) (4.3) (4.9) 7.7 (6.9) (5.4) (8.0) (7.6) (6.9) (6.4) 47.4 (5.7) 9.5 (4.3) (3.9) (3.7) 12.9 (2.4) (2.3) (2.2) 11.5 (1.9) (3.0) 7.8 (2.7) 2.9 (4.0) 1.0
Cash at Beginning 70.1 246.7 76.5 81.3 87.9 48.4 57.0 42.8 169.7 52.4 19.4 7.9 14.6 19.8 24.1 29.0 21.3 28.2 33.6 41.6 49.2 56.1 62.5 15.1 20.7 11.2 15.5 19.4 23.1 10.2 12.6 14.9 17.1 5.6 7.5 10.5 2.7 5.4 2.5 6.5 5.5
Cash at End 133.0 70.1 246.7 76.5 81.3 87.9 48.4 57.0 42.8 169.7 52.4 19.4 7.9 14.6 19.8 24.1 29.0 21.3 28.2 33.6 41.6 49.2 56.1 62.5 15.1 20.7 11.2 15.5 19.4 23.1 10.2 12.6 14.9 17.1 5.6 7.5 10.5 2.7 5.4 2.5 6.5
Free Cash Flow 25.9 48.6 43.6 (12.6) (32.8) (24.0) (15.1) (17.7) (12.5) (6.3) (6.3) (5.6) (6.7) (5.1) (4.7) (4.6) (6.4) (6.9) (5.4) (8.0) (7.5) (6.9) (6.2) (6.5) (5.7) (5.1) (4.7) (3.9) (3.7) (3.7) (2.7) (2.8) (2.5) (5.3) (2.3) (2.8) (2.2) (2.7) (2.8) (4.1) (4.0)
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 2013 Q4 2013 Q3 2013 Q2 2013 Q1
Income Statement
Revenue 94.6 91.7 66.0 32.7 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 0 734.9 0 0.0 0.3 0.3 0.3 0.4 0.4 0.2 0.1 0.0 0.0 0 0 0 0 0 0 0 3
Gross Profit 93.4 90.9 64.9 32.0 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 0 0 0 0 0 (84.9) (2.7) (0.0) 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 3
Operating Income 31.8 40.4 22.1 (6.5) (45.7) (59.1) (80.2) (23.2) (23.5) (13.9) (10.4) (8.6) (8.5) (5.6) (6.2) (6.8) (5.8) (3.0) (8.3) (11.1) 9.2 (8.0) (7.9) (11.2) 9.3 (6.9) (6.1) (5.6) (5.0) (3.5) (3.9) (3.4) (3.5) (5.2) (2.7) (3.2) (2.2) (3.0) (2.9) (3.5) (4.3) (3.5) (3.2) (3.0) (2.4) (1.8) (1.3) (1.3) (0.7) (0.6) (1.0) (1.2) 1.9
Net Income 31.4 43.4 26.0 (4.7) (43.8) (56.0) (76.6) (21.9) (21.4) (11.3) (10.9) (8.5) (8.4) (5.5) (6.1) (6.7) (5.7) (2.8) (8.1) (11.0) (9.0) (2.9) (8.5) (7.4) (5.9) (14.6) 0.9 (10.0) (7.0) 0.3 (2.7) (7.6) (3.8) (5.0) (3.8) (4.0) (2.9) (2.6) (2.8) (3.5) (3.2) (2.8) (3.3) 1.9 (11.7) (7.9) (2.4) (2.8) (0.8) (1.0) (1.6) (2.2) 1.0
EPS (Diluted) 0.59 0.80 0.47 -0.09 -0.95 -1.27 -1.83 -0.57 -0.59 -0.43 -0.95 -0.81 -0.88 -0.58 -0.65 -0.72 -1.07 -0.53 -1.53 -2.10 -1.65 -0.60 -1.65 -2.40 -1.95 -5.40 -2.85 -4.72 -3.32 0.15 -1.91 -5.63 -2.88 -3.86 -5.87 -6.25 -8.51 -7.30 -13.09 -16.97 -16.16 -14.42 -24.60 18.75 -125.45 -84.58 -134.39 -149.51 -44.64 -52.15 -85.11 -115.47 54.28
Balance Sheet
Cash & Equivalents 133.0 70.1 246.7 76.5 81.3 87.9 48.4 57.0 42.8 169.7 52.4 19.4 7.9 14.6 19.8 24.1 29.0 21.3 28.2 33.6 41.6 49.2 56.1 62.5 15.1 20.7 11.2 15.5 19.4 23.1 10.2 12.6 14.9 17.1 5.6 7.5 10.5 2.7 5.4 2.5 6.5
Total Assets 608.4 563.8 599.9 332.3 318.1 331.0 296.7 304.1 168.8 180.7 63.5 30.9 19.5 26.5 32.0 36.9 42.5 35.6 42.6 48.8 56.7 65.0 71.8 78.9 32.1 38.2 28.7 34.1 38.9 43.2 30.8 33.3 36.3 39.0 26.4 30.4 33.9 5.6 8.3 5.5 9.4
Total Debt 4.4 2.7 2.8 52.8 52.8 52.8 3.0 0.3 0.3 0.4 0.5 0.5 0.0 0.2 0.2 0.3 0.4 0.5 0.6 0.6 0.1 0.1 0.2 0.3 0.3 0.3 0.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Stockholders' Equity 495.8 450.1 494.8 240.1 232.3 245.1 264.7 280.8 143.4 157.5 23.2 12.4 2.6 10.3 15.2 20.3 26.5 17.8 20.2 27.4 37.6 45.5 48.0 56.2 9.5 14.9 14.9 13.8 23.6 30.4 14.2 15.8 23.0 26.5 23.2 26.7 30.1 3.4 5.7 2.6 5.8
Cash Flow
Operating Cash Flow 26.0 48.7 43.6 (12.6) (32.8) (24.0) (14.9) (17.7) (12.5) (6.3) (6.3) (5.6) (6.7) (5.1) (4.7) (4.6) (6.4) (6.9) (5.4) (8.0) (7.5) (6.9) (6.2) (6.5) (5.7) (5.1) (4.7) (3.9) (3.7) (3.7) (2.7) (2.8) (2.5) (2.7) (2.3) (2.8) (2.2) (2.7) (2.8) (4.0) (4.0)
Capital Expenditure (0.0) (0.1) (0.0) (0.0) (0.0) (0.0) (0.2) (0.0) (0.0) 0 0 0 0 (0.0) (0.0) (0.0) 0 (0.0) (0.0) 0 (0.0) (0.0) (0.0) 0 0 (0.0) 0 (0.0) (0.0) (0.0) (0.0) (0.0) 0 (2.6) (0.0) (0.0) (0.0) 0.0 (0.0) (0.0) (0.0)
Free Cash Flow 25.9 48.6 43.6 (12.6) (32.8) (24.0) (15.1) (17.7) (12.5) (6.3) (6.3) (5.6) (6.7) (5.1) (4.7) (4.6) (6.4) (6.9) (5.4) (8.0) (7.5) (6.9) (6.2) (6.5) (5.7) (5.1) (4.7) (3.9) (3.7) (3.7) (2.7) (2.8) (2.5) (5.3) (2.3) (2.8) (2.2) (2.7) (2.8) (4.1) (4.0)