SMR - NuScale Power Corporation
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$11.25
DETAILS
HIGH:
$16.00
LOW:
$6.00
MEDIAN:
$10.50
CONSENSUS:
$11.25
UPSIDE:
56.25%
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||
| Revenue | 0.1 | 0.6 | 1.8 | 8.2 | 8.1 | 13.4 | 34.2 | 0.5 | 1.0 | 1.4 | 4.6 | 7.0 | 5.8 | 5.5 | 3.4 | 3.2 | 2.7 | 2.4 | 1.5 | 0.3 | 0.4 | 0.7 | 0.3 |
| Cost of Revenue | 0.2 | 0.8 | 1.9 | 5.5 | 6.3 | 6.4 | 3.1 | 0.3 | 0.8 | 0.7 | 3.8 | 5.9 | 5.8 | 3.4 | 2.6 | 1.7 | 1.7 | 1.2 | 1.0 | 0.2 | 0.2 | 0.4 | 0.2 |
| Gross Profit | (0.2) | (0.2) | (0.1) | 2.7 | 1.8 | 7.0 | 31.2 | 0.2 | 0.1 | 0.6 | 0.7 | 1.0 | 0.0 | 2.1 | 0.8 | 1.4 | 1.0 | 1.2 | 0.6 | 0.1 | 0.1 | 0.3 | 0.1 |
| Operating Expenses | |||||||||||||||||||||||
| R&D Expenses | 18.4 | 12.8 | 13.5 | 11.1 | 11.8 | 9.1 | 9.4 | 12.2 | 12.1 | 13.2 | 37.8 | 63.7 | 26.9 | 27.6 | 38.0 | 35.3 | 29.5 | 24.9 | 27.1 | 26.4 | 20.9 | 18.8 | 24.4 |
| SG&A Expenses | 26.9 | 24.8 | 44.8 | 519.2 | 22.5 | 25.8 | 24.8 | 18.9 | 18.7 | 20.1 | 20.5 | 18.9 | 18.9 | 16.8 | 18.6 | 18.5 | 12.7 | 11.1 | 13.3 | 14.3 | 11.4 | 9.4 | 10.5 |
| Other Expenses | 18.5 | 19.6 | 14.3 | 10.9 | 10.5 | 7.4 | 8.9 | 10.1 | 11.2 | 11.3 | 13.5 | 11.3 | 10.3 | 13.2 | 11.6 | 13.7 | 11.5 | 9.1 | 11.2 | 5.4 | 8.7 | 8.6 | 8.1 |
| Operating Expenses | 63.9 | 57.3 | 72.7 | 541.1 | 44.9 | 42.3 | 43.0 | 41.2 | 42.0 | 44.6 | 71.8 | 93.9 | 56.2 | 57.6 | 68.2 | 67.5 | 53.7 | 45.1 | 51.6 | 46.0 | 41.1 | 36.7 | 43.0 |
| Operating Income | |||||||||||||||||||||||
| Operating Income | (64.0) | (57.5) | (72.7) | (538.4) | (43.1) | (35.3) | (11.9) | (41.0) | (41.9) | (44.0) | (71.1) | (92.9) | (56.1) | (55.5) | (67.4) | (66.1) | (52.7) | (43.8) | (51.1) | (45.8) | (40.9) | (36.5) | (42.9) |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.6 | 0 | 0.4 |
| Interest Income | 13.9 | 10.8 | 16.4 | 5.8 | 5.5 | 5.2 | 3.1 | 2.0 | 1.7 | 1.5 | 2.1 | 2.7 | 2.9 | 3.1 | 3.0 | 0.9 | 0 | 0 | 0 | 0 | 0 | 0.0 | 0 |
| Profitability | |||||||||||||||||||||||
| EBITDA | (49.7) | (46.4) | (63.5) | (532.4) | (37.3) | (29.7) | (8.2) | (45.1) | (74.0) | (40.2) | (55.8) | (57.6) | (29.1) | (35.0) | (46.5) | (48.9) | (20.7) | (22.6) | (27.4) | (26.4) | (23.5) | (35.9) | (42.4) |
| EBIT | (50.1) | (46.7) | (63.8) | (532.6) | (37.6) | (30.1) | (8.6) | (45.5) | (74.4) | (40.7) | (56.4) | (58.3) | (29.7) | (35.6) | (47.2) | (49.6) | (21.4) | (23.3) | (27.9) | (27.0) | (24.1) | (36.5) | (42.9) |
| Income Before Tax | (50.1) | (46.7) | (63.8) | (532.6) | (37.6) | (30.1) | (178.4) | (45.5) | (74.4) | (48.1) | (56.4) | (58.3) | (29.7) | (35.6) | (47.2) | (49.6) | (21.4) | (23.4) | (28.0) | (27.1) | (24.7) | (22.7) | (25.1) |
| Income Tax Expense | 0 | 0 | 0 | 0 | 0 | 0.3 | 1.9 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income | (47.5) | (44.0) | (50.8) | (273.3) | (17.6) | (14.0) | (75.0) | (17.5) | (27.6) | (16.6) | (18.8) | (19.1) | (9.5) | (11.0) | (12.6) | (10.7) | (10.4) | (23.4) | (28.0) | (27.1) | (24.7) | (22.7) | (25.1) |
| Per Share Data | |||||||||||||||||||||||
| EPS (Basic) | -0.29 | -0.27 | -0.16 | -1.85 | -0.13 | -0.11 | -0.77 | -0.18 | -0.31 | -0.21 | -0.24 | -0.26 | -0.13 | -0.16 | -0.21 | -0.23 | -0.06 | – | -0.64 | -0.62 | -0.57 | – | -0.58 |
| EPS (Diluted) | -0.29 | -0.27 | -0.16 | -1.85 | -0.13 | -0.11 | -0.77 | -0.18 | -0.31 | -0.21 | -0.24 | -0.26 | -0.13 | -0.16 | -0.21 | -0.23 | -0.06 | – | -0.64 | -0.62 | -0.57 | – | -0.58 |
| Shares Outstanding | 163.7 | 163.7 | 163.7 | 147.7 | 133.4 | 127.7 | 93.2 | 95.2 | 89.6 | 79.6 | 76.9 | 74.8 | 72.1 | 69.7 | 60.4 | 46.4 | 42.0 | 43.6 | 43.6 | 43.6 | 43.6 | 43.6 | 43.6 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||||||||||||||
| Cash & Cash Equivalents | 766.5 | 341.1 | 836.4 | 407.6 | 297.7 | 491.4 | 401.6 | 111.6 | 130.9 | 132.0 | 120.3 | 117.5 | 154.4 | 218.2 | 217.7 | 268.6 | 350.8 | 42.7 | 77.1 | 22.6 | 1.3 | 1.7 | 4.9 |
| Short-Term Investments | 305.7 | 549 | 417.8 | 284.2 | 123.1 | 30 | 40 | 45 | 0 | 0 | 0 | 0 | 0 | 0 | 50 | 50 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 13.2 | 6.4 | 6.3 | 15.2 | 12.8 | 13.3 | 21.1 | 7.9 | 8.4 | 5.1 | 10.1 | 20.2 | 24.9 | 20.7 | 11.2 | 22.8 | 15.0 | 7.5 | 4.8 | 15.1 | 0 | 0.0 | 2.8 |
| Inventory | 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 | 5.1 | 7.2 | 7.2 | 5.1 | 5.1 | 5.1 | 5.1 | 5.1 | 5.1 | 5.1 | 5.1 | 0 | 0 | 0.3 | 0 | 0 | 0 | 0 | 0 | 80 | 0 | 0 | 0 |
| Total Current Assets | 1,101.1 | 908.5 | 1,272.6 | 719.8 | 442.6 | 543.4 | 471.1 | 180.6 | 156.3 | 156.8 | 154.5 | 159.2 | 188.1 | 246.5 | 284.4 | 347.9 | 373.5 | 54.4 | 86.1 | 121.4 | 1.5 | 1.9 | 11.6 |
| Non-Current Assets | |||||||||||||||||||||||
| Property, Plant & Equipment | 3.3 | 3.2 | 1.9 | 2.1 | 1.8 | 2.3 | 2.4 | 2.8 | 3.1 | 3.6 | 4.1 | 4.6 | 5.2 | 4.5 | 8.6 | 5.0 | 5.3 | 5.6 | 6.2 | 6.9 | 0 | 0 | 7.7 |
| Goodwill | 8.3 | 8.3 | 8.3 | 8.3 | 8.3 | 8.3 | 8.3 | 8.3 | 8.3 | 8.3 | 8.3 | 8.3 | 8.3 | 8.3 | 8.3 | 8.3 | 8.3 | 8.3 | 8.3 | 8.3 | 0 | 0 | 8.3 |
| Intangible Assets | 0.4 | 0.5 | 0.5 | 0.6 | 0.6 | 17.6 | 17.6 | 17.6 | 17.7 | 17.7 | 17.8 | 17.8 | 17.9 | 1.0 | 1.1 | 18.0 | 18.0 | 1.2 | 1.2 | 1.3 | 0 | 0 | 1.4 |
| Long-Term Investments | 820.8 | 118.6 | 33.0 | 62.0 | 69.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 232.3 | 232.3 | 0 |
| Other Non-Current Assets | 115.2 | 109.3 | 96.3 | 90.4 | 84.0 | 46.6 | 45.3 | 44.1 | 43.9 | 43.5 | 40.2 | 118.7 | 90.0 | 72.2 | 46.3 | 25.2 | 2.1 | 21.7 | 19.4 | 18.3 | 0 | 0 | 18.0 |
| Total Non-Current Assets | 948.1 | 239.9 | 139.9 | 163.3 | 163.9 | 74.7 | 73.5 | 72.7 | 73.0 | 73.0 | 70.3 | 149.4 | 121.4 | 85.9 | 64.2 | 56.4 | 33.7 | 36.7 | 35.1 | 34.7 | 232.3 | 232.3 | 35.4 |
| Total Assets | 2,049.2 | 1,148.3 | 1,412.5 | 883.1 | 606.5 | 618.1 | 544.7 | 253.3 | 229.2 | 229.8 | 224.9 | 308.5 | 309.5 | 332.4 | 348.6 | 404.2 | 407.2 | 91.1 | 121.2 | 156.2 | 233.8 | 234.2 | 47.1 |
| Current Liabilities | |||||||||||||||||||||||
| Account Payables | 19.8 | 21.6 | 286.5 | 403.4 | 64.6 | 47.6 | 47.9 | 17.9 | 19.1 | 45.9 | 44.9 | 35.9 | 28.1 | 34.6 | 20.3 | 31.9 | 24.1 | 17.9 | 18.5 | 19.2 | 0 | 0 | 14.6 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14.1 | 14.0 | 13.9 | 0 | 0 | 33.9 |
| Deferred Revenue | 0.2 | 1.4 | 0.6 | 0.6 | 0.3 | 0.6 | 0.8 | 20 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 7.2 | 8.3 | 41.0 | 38.6 | 37.9 | 39.7 | 40.8 | 38.2 | 37.7 | 39.4 | 44.1 | 6.4 | 0 | 0 | 9.1 | 5.6 | 0 | 0 | 13.8 | 0.1 | 0.1 | 13.4 |
| Total Current Liabilities | 29.1 | 30.9 | 296.1 | 445.6 | 104.9 | 87.3 | 89.7 | 80.6 | 58.8 | 85.1 | 87.5 | 81.5 | 36.1 | 51.7 | 38.6 | 42.4 | 30.4 | 41.6 | 48.4 | 56.0 | 0.1 | 0.1 | 70.5 |
| 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 | 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 |
| Other Non-Current Liabilities | 0.0 | 7.5 | 2.9 | 2.2 | 2.3 | 1.0 | 1.6 | 82.5 | 77.0 | 15.8 | 7.2 | 14.0 | 25.3 | 31.5 | 30.2 | 41.2 | 44.3 | 5.7 | 6.3 | 87.0 | 36.7 | 32.7 | 4.3 |
| Total Non-Current Liabilities | 6.5 | 7.5 | 2.9 | 2.7 | 2.7 | 1.4 | 1.8 | 82.6 | 77.1 | 16.0 | 8.1 | 47.4 | 49.1 | 34.0 | 33.0 | 42.3 | 45.1 | 5.7 | 6.5 | 87.3 | 36.7 | 32.7 | 5.7 |
| Total Liabilities | 35.5 | 38.4 | 299.0 | 448.3 | 107.6 | 88.6 | 91.6 | 163.2 | 135.9 | 101.1 | 95.5 | 128.9 | 85.3 | 85.7 | 71.5 | 84.8 | 75.5 | 47.3 | 54.9 | 143.3 | 36.8 | 32.8 | 76.2 |
| 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 | 29.1 | 28.2 | 26.7 | 192.0 | 196.4 | 20.9 |
| Retained Earnings | (824.4) | (776.9) | (732.9) | (682.0) | (408.7) | (391.1) | (377.1) | (302.1) | (284.6) | (257.0) | (240.5) | (221.7) | (202.6) | (193.1) | (182.1) | (169.5) | (158.8) | (805.0) | (781.6) | (753.6) | (8.7) | (4.2) | (679.1) |
| 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 |
| Total Stockholders' Equity | 2,061.3 | 1,166.9 | 1,168.8 | 828.7 | 692.9 | 704.0 | 618.7 | 160.1 | 136.3 | 125.1 | 93.5 | 105.9 | 110.1 | 109.5 | 114.7 | 102.8 | 62.6 | 43.8 | 66.3 | 12.8 | 197.0 | 201.4 | (29.1) |
| Total Liabilities & Equity | 2,049.2 | 1,148.3 | 1,412.5 | 883.1 | 606.5 | 618.1 | 544.7 | 253.3 | 229.2 | 229.8 | 224.9 | 308.5 | 309.5 | 332.4 | 348.6 | 404.2 | 407.2 | 91.1 | 121.2 | 156.2 | 233.8 | 234.2 | 47.1 |
| Debt Metrics | |||||||||||||||||||||||
| Total Debt | 5.9 | 0.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.5 | 0 | 0 | 3.9 | 4.4 | 0 | 0 | 14.1 | 15.4 | 15.8 | 0 | 0 | 36.9 |
| Net Debt | (760.5) | (340.4) | (836.4) | (407.6) | (297.7) | (491.4) | (401.6) | (111.6) | (130.9) | (132.0) | (118.8) | (117.5) | (154.4) | (214.2) | (213.3) | (268.6) | (350.8) | (28.5) | (61.7) | (6.8) | (1.3) | (1.7) | 32.0 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||
| Net Income | 44.0 | (44.0) | (34.4) | (273.3) | (17.6) | (30.4) | (180.3) | (45.6) | (74.4) | (48.1) | (18.8) | (58.3) | (9.5) | (11.0) | (12.6) | (10.7) | (21.4) | (23.4) | (28.0) | (27.1) | (24.7) | (22.7) | (25.1) |
| Depreciation & Amortization | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.4 | 0.4 | 0.4 | 0.5 | 0.6 | 0.7 | 0.6 | 0.7 | 0.7 | 0.7 | 0.7 | 0.6 | 0.5 | 0.5 | 0.6 | 0.5 | 0.5 |
| Stock-Based Compensation | 0 | 0 | 14.7 | 0 | 0 | 4.5 | 3.2 | 3.9 | 4.3 | 2.2 | 4.1 | 4.0 | 0 | 0 | 3.6 | 0 | 1.1 | 1.0 | 1.2 | 1.1 | 1.1 | 3.1 | 0.8 |
| Change in Working Capital | 273.5 | (273.5) | (144.8) | 327.8 | (1.3) | 2.8 | (20.9) | 21.3 | (3.0) | 2.6 | (13.7) | 37.3 | (7.7) | (12.6) | 18.8 | (6.7) | (5.6) | (11.8) | 0.4 | 2.4 | (3.3) | (5.6) | 0.8 |
| Other Non-Cash Items | (376.1) | 2.6 | (39.5) | (254.5) | (14.7) | 0 | 171.2 | 7.2 | 36.7 | 9.2 | (59.6) | (0.2) | (22.6) | (20.2) | (54.4) | (24.0) | (5.7) | 0.4 | 0.2 | 0.4 | 5.4 | (5.2) | (0.0) |
| Operating Cash Flow | (58.2) | (314.7) | (203.7) | (199.8) | (33.3) | (22.8) | (26.4) | (12.7) | (36.0) | (33.5) | (73.2) | (27.7) | (39.2) | (43.1) | (43.9) | (40.7) | (30.9) | (33.2) | (25.8) | (22.7) | (20.9) | (29.8) | (22.9) |
| Investing Activities | |||||||||||||||||||||||
| Capital Expenditure | 1.5 | (1.5) | (0.4) | (0.1) | 0.1 | (0.1) | (0.0) | 0 | 0 | 0 | (0.1) | (0.1) | (1.3) | (0.4) | (0.6) | (0.2) | (0.4) | (1.2) | (0.4) | (1.1) | (0.3) | (0.1) | (0.5) |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | 445.5 | (445.5) | (494.6) | 0 | (162.2) | (10) | (20) | 0 | 0 | 0 | 50 | 0 | 0 | 0 | 0 | (50) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | (228.7) | 228.7 | 236.1 | 0 | 0 | 20 | 25 | 0 | 0 | 0 | (50) | 0 | 0 | 50 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | (677.7) | 0 | 154.0 | (154.0) | 0 | 0 | 0 | (45) | 0.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investing Cash Flow | (459.3) | (218.4) | (104.9) | (154.1) | (162.2) | 9.9 | 5.0 | (45) | 0.2 | 0 | (0.1) | (0.1) | (1.3) | 49.6 | (0.6) | (50.2) | (0.4) | (1.2) | (0.4) | (1.1) | (0.3) | (0.1) | (0.5) |
| Financing Activities | |||||||||||||||||||||||
| Net Debt Issuance | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.3 | (0.3) | 4.5 | 22.7 | 15 |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.0) | (0.6) | 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 |
| Other Financing Activities | 947.3 | 0 | (0.4) | 0 | 0 | 3.0 | 210.6 | 7.2 | 3.8 | 3.6 | 0.0 | 1.9 | 0 | 0 | 0 | 0 | 339.4 | 0.5 | 0.3 | 0.0 | 13.3 | 40.5 | 0.0 |
| Financing Cash Flow | 909.5 | 37.8 | 737.5 | 463.8 | 1.7 | 102.7 | 311.4 | 38.4 | 34.8 | 45.2 | 2.0 | 9.8 | 2.8 | 1.6 | 1.2 | 27.5 | 339.4 | (0.1) | 0.6 | 91.7 | 17.8 | 63.2 | 23.5 |
| Cash Position | |||||||||||||||||||||||
| Net Change in Cash | 392.0 | (495.3) | 428.8 | 109.9 | (193.7) | 89.9 | 289.9 | (19.3) | (1.1) | 11.7 | 7.9 | (18.0) | (63.8) | 0.5 | (50.9) | (82.2) | 308.1 | (34.4) | (25.5) | 67.9 | (3.5) | 33.3 | 0.1 |
| Cash at Beginning | 346.2 | 841.5 | 412.7 | 302.8 | 496.5 | 406.7 | 116.7 | 136.0 | 137.1 | 125.4 | 117.5 | 214.6 | 218.2 | 217.7 | 268.6 | 350.8 | 42.7 | 77.1 | 102.6 | 34.7 | 38.2 | 4.9 | 4.7 |
| Cash at End | 738.2 | 346.2 | 841.5 | 412.7 | 302.8 | 496.5 | 406.7 | 116.7 | 136.0 | 137.1 | 125.4 | 196.6 | 154.4 | 218.2 | 217.7 | 268.6 | 350.8 | 42.7 | 77.1 | 102.6 | 34.7 | 38.2 | 4.9 |
| Free Cash Flow | (56.7) | (316.2) | (204.1) | (199.9) | (33.3) | (22.9) | (26.5) | (12.7) | (36.0) | (33.5) | (73.3) | (27.7) | (40.5) | (43.5) | (44.5) | (40.8) | (31.3) | (34.3) | (26.2) | (23.8) | (21.2) | (29.9) | (23.4) |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||||||||
| Revenue | 0.1 | 0.6 | 1.8 | 8.2 | 8.1 | 13.4 | 34.2 | 0.5 | 1.0 | 1.4 | 4.6 | 7.0 | 5.8 | 5.5 | 3.4 | 3.2 | 2.7 | 2.4 | 1.5 | 0.3 | 0.4 | 0.7 | 0.3 |
| Gross Profit | (0.2) | (0.2) | (0.1) | 2.7 | 1.8 | 7.0 | 31.2 | 0.2 | 0.1 | 0.6 | 0.7 | 1.0 | 0.0 | 2.1 | 0.8 | 1.4 | 1.0 | 1.2 | 0.6 | 0.1 | 0.1 | 0.3 | 0.1 |
| Operating Income | (64.0) | (57.5) | (72.7) | (538.4) | (43.1) | (35.3) | (11.9) | (41.0) | (41.9) | (44.0) | (71.1) | (92.9) | (56.1) | (55.5) | (67.4) | (66.1) | (52.7) | (43.8) | (51.1) | (45.8) | (40.9) | (36.5) | (42.9) |
| Net Income | (47.5) | (44.0) | (50.8) | (273.3) | (17.6) | (14.0) | (75.0) | (17.5) | (27.6) | (16.6) | (18.8) | (19.1) | (9.5) | (11.0) | (12.6) | (10.7) | (10.4) | (23.4) | (28.0) | (27.1) | (24.7) | (22.7) | (25.1) |
| EPS (Diluted) | -0.29 | -0.27 | -0.16 | -1.85 | -0.13 | -0.11 | -0.77 | -0.18 | -0.31 | -0.21 | -0.24 | -0.26 | -0.13 | -0.16 | -0.21 | -0.23 | -0.06 | – | -0.64 | -0.62 | -0.57 | – | -0.58 |
| Balance Sheet | |||||||||||||||||||||||
| Cash & Equivalents | 766.5 | 341.1 | 836.4 | 407.6 | 297.7 | 491.4 | 401.6 | 111.6 | 130.9 | 132.0 | 120.3 | 117.5 | 154.4 | 218.2 | 217.7 | 268.6 | 350.8 | 42.7 | 77.1 | 22.6 | 1.3 | 1.7 | 4.9 |
| Total Assets | 2,049.2 | 1,148.3 | 1,412.5 | 883.1 | 606.5 | 618.1 | 544.7 | 253.3 | 229.2 | 229.8 | 224.9 | 308.5 | 309.5 | 332.4 | 348.6 | 404.2 | 407.2 | 91.1 | 121.2 | 156.2 | 233.8 | 234.2 | 47.1 |
| Total Debt | 5.9 | 0.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.5 | 0 | 0 | 3.9 | 4.4 | 0 | 0 | 14.1 | 15.4 | 15.8 | 0 | 0 | 36.9 |
| Stockholders' Equity | 2,061.3 | 1,166.9 | 1,168.8 | 828.7 | 692.9 | 704.0 | 618.7 | 160.1 | 136.3 | 125.1 | 93.5 | 105.9 | 110.1 | 109.5 | 114.7 | 102.8 | 62.6 | 43.8 | 66.3 | 12.8 | 197.0 | 201.4 | (29.1) |
| Cash Flow | |||||||||||||||||||||||
| Operating Cash Flow | (58.2) | (314.7) | (203.7) | (199.8) | (33.3) | (22.8) | (26.4) | (12.7) | (36.0) | (33.5) | (73.2) | (27.7) | (39.2) | (43.1) | (43.9) | (40.7) | (30.9) | (33.2) | (25.8) | (22.7) | (20.9) | (29.8) | (22.9) |
| Capital Expenditure | 1.5 | (1.5) | (0.4) | (0.1) | 0.1 | (0.1) | (0.0) | 0 | 0 | 0 | (0.1) | (0.1) | (1.3) | (0.4) | (0.6) | (0.2) | (0.4) | (1.2) | (0.4) | (1.1) | (0.3) | (0.1) | (0.5) |
| Free Cash Flow | (56.7) | (316.2) | (204.1) | (199.9) | (33.3) | (22.9) | (26.5) | (12.7) | (36.0) | (33.5) | (73.3) | (27.7) | (40.5) | (43.5) | (44.5) | (40.8) | (31.3) | (34.3) | (26.2) | (23.8) | (21.2) | (29.9) | (23.4) |