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Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 7
HOLD 10
SELL 1
STRONG
SELL
0
| PRICE TARGET: $67.00 DETAILS
HIGH: $90.00
LOW: $55.00
MEDIAN: $56.00
CONSENSUS: $67.00
UPSIDE: 313.07%
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 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1
Revenue
Revenue 199.2 220.2 260.1 267.0 242.6 250.3 250.6 220.1 214.3 217.2 233.2 208.8 215.3 217.7 204.1 206.9 199.1 205.8 194.4 189.9 183.3 180.9 165.2 159.2 161.3 166.4 159.1 161.7 163.3 162.1 151.6 156.6 153.0 151.8 141.1 134.0 130.2 130.2 123.1 124.4 116.7 116.0 107.3 104.4 97.5 91.2 83.7 80.2 72.8 68.0 59.6 56.8 51.1 49.2 42.3 40.6 37.6 34.7 31.2 28.9 25.5
Cost of Revenue 94.8 99.2 102.6 106.0 100.9 112.4 104.4 91.3 88.2 95.8 94.2 84.4 78.2 87.9 79.9 77.0 69.5 78.4 69.6 67.8 61.8 66.3 60.3 63.8 69.1 71.8 68.6 68.5 69.2 68.8 66.5 67.9 64.5 64.6 58.8 57.3 52.4 52.6 50.2 52.2 48.1 47.9 44.5 42.5 39.5 35.6 33.3 32.0 29.1 26.1 22.9 21.8 19.8 18.8 16.2 15.4 14.6 13.0 11.4 11.0 10.2
Gross Profit 104.4 121 157.5 161.0 141.7 137.9 146.2 128.8 126.1 121.4 139.0 124.4 137.1 129.8 124.2 129.9 129.7 127.3 124.8 122.2 121.4 114.6 104.9 95.4 92.2 94.6 90.4 93.2 94.1 93.2 85.1 88.7 88.5 87.2 82.3 76.7 77.8 77.5 72.9 72.2 68.6 68.1 62.7 61.8 58.0 55.6 50.5 48.2 43.7 41.9 36.6 35.0 31.3 30.4 26.1 25.2 23.0 21.8 19.8 17.9 15.3
Operating Expenses
R&D Expenses 19.4 26.0 32.8 20.8 19.9 18.9 28.6 19.9 21.1 23.4 28.1 29.2 15.4 17.1 17.5 17.2 13.6 15.7 13.6 12.0 10.7 9.9 10.6 12.5 13.1 15.1 13.5 13.6 15.0 11.7 14.0 16.7 16.4 15.2 13.3 12.9 11.0 13.0 11.6 12.0 11.2 9.6 10.8 10.2 10.7 11.4 9.9 9.3 7.8 6.5 5.7 5.1 4.6 5.7 4.0 3.4 3.5 2.7 2.8 2.4 1.9
SG&A Expenses 114.1 99.1 95.6 105.5 111.7 105.8 99.4 88.3 86.9 95.8 93.7 86.5 81.3 86.4 78.0 87.3 84.1 97.0 89.1 76.9 72.6 77.2 64.9 60.4 73.3 73.7 73.7 76.6 71.0 65.9 64.4 66.3 67.6 64.8 63.3 60.5 56.5 51.3 50.0 49.7 46.5 43.4 43.8 42.0 39.1 32.0 31.7 30.5 26.8 23.0 21.0 19.0 16.8 21.7 13.2 15.5 15.7 12.9 11.0 9.2 9.0
Other Expenses 1.8 (5.0) (3.3) 0 0 0 0 0 1.4 0 0 0 0 18.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.8 0 0 0 0 0 0 0 0 0 0 (0.1) 0 (0.4) (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
Operating Expenses 135.3 120.2 125.0 126.3 131.5 124.7 128.0 108.1 109.4 119.3 121.8 115.7 96.7 122.2 95.5 104.5 97.8 112.8 102.6 88.9 83.3 87.0 75.5 72.9 86.4 88.8 87.3 90.1 86.0 77.6 78.4 83.1 84.0 80.0 76.7 73.4 67.5 64.3 61.6 61.7 57.8 53.0 54.7 52.2 49.8 43.4 41.6 39.8 34.6 29.4 26.7 24.1 21.3 27.4 17.2 19.0 19.2 15.6 13.8 11.5 10.9
Operating Income
Operating Income (31.0) 0.8 32.5 34.7 10.2 13.1 18.1 20.7 16.7 2.1 17.2 8.7 40.4 7.6 28.7 25.4 31.9 14.6 22.2 33.2 38.1 27.6 29.3 22.5 5.8 5.8 3.2 3.1 8.1 15.6 6.7 5.6 4.5 7.2 5.6 3.3 10.3 13.2 11.3 10.5 10.8 15.0 8.1 9.7 8.2 12.2 8.9 8.4 9.1 12.5 9.9 10.9 10.0 3.0 8.9 6.2 3.8 6.1 5.9 6.4 4.4
Interest Expense 18.3 4.1 4.2 4.2 4.3 5.0 4.5 0.6 0.6 0.6 0.6 0.5 0.2 0.7 0.4 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 0 0 0
Interest Income 0 0.8 0.9 1.1 0.9 1.1 2.6 (2.3) 4.8 2.1 1.9 0.7 0.2 0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.0 0.0 1.1 0.9 1.1 1.2 1.1 0.7 0.9 0.6 0.5 0.3 0.3 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 0.0 0 0 0.0 0.0
Profitability
EBITDA (8.4) 23.5 48.1 70.0 10.2 36.3 43.6 38.5 42.2 23.0 49.4 71.1 60.5 27.8 45.8 39.4 47.7 29.6 33.9 44.7 48.2 37.8 39.1 33.4 16.3 18.4 15.6 17.1 20.0 27.4 18.4 5.6 4.5 17.7 5.6 3.3 17.3 19.0 11.3 10.5 10.8 19.5 8.1 9.7 8.2 14.4 11.6 10.5 10.9 13.6 10.9 11.9 10.8 3.7 8.9 6.8 4.3 6.6 6.3 6.7 4.7
EBIT (31.1) 0.8 35.6 47.4 16.1 13.1 22.0 17.1 21.0 2.6 28.2 51.9 41.6 9.2 27.6 22.9 32.7 14.6 20.4 34.5 38.1 27.6 29.3 22.5 5.8 5.8 3.6 3.7 8.1 15.6 6.7 (1.4) 43.9 8.8 5.7 4.8 10.3 13.2 11.4 10.5 10.8 15.0 8.1 9.7 8.2 12.2 9.2 8.4 9.1 12.5 9.9 10.9 10.0 3.0 8.9 6.2 3.8 6.1 5.9 6.4 4.4
Income Before Tax (49.4) (19.6) 31.4 43.1 20.4 8.1 17.5 16.6 20.4 2.1 27.6 51.4 41.4 8.5 27.1 22.7 32.7 14.1 20.4 34.5 35.7 32.4 28.2 22.7 6.3 8.6 3.6 3.7 9.0 16.7 6.9 (1.4) 43.9 8.8 5.7 4.8 10.8 12.0 11.4 10.3 10.8 11.7 7.3 9.6 5.7 11.8 8.8 8.4 9.1 12.5 9.9 11.0 10.0 2.9 8.9 6.2 3.8 6.1 5.9 6.4 4.4
Income Tax Expense (1.8) (3.6) 18.0 13.7 1.7 9.5 (0.1) 12.9 4.3 3.1 (0.8) 1.4 8.6 1.5 4.1 3.3 6.1 (2.8) 4.4 5.1 6.1 6.5 5.6 3.7 2.0 4.3 (1.3) 0.4 1.5 1.8 (0.5) (1.1) 11.3 6.8 0.7 1.7 4.2 2.2 2.0 3.0 4.7 4.8 3.2 4.3 2.4 4.8 3.6 3.5 4.2 4.7 3.7 4.1 4.4 (26.1) 0.1 0.1 0.1 0.3 0.3 0.3 0.2
Net Income (47.6) (16.0) 13.4 29.4 18.7 (1.4) 17.6 3.6 16.1 (1.0) 28.4 50.0 32.8 7.0 23.0 19.4 26.6 16.9 16.0 29.5 29.5 25.9 22.6 19.0 4.3 4.4 4.9 3.3 7.5 14.9 7.4 (0.3) 32.6 2.1 5.0 3.1 6.6 9.9 9.4 7.2 6.1 6.9 4.1 5.3 3.2 7.0 5.3 4.9 4.9 7.8 6.2 6.8 5.5 28.7 8.7 4.6 3.7 5.8 4.3 6.1 4.3
Per Share Data
EPS (Basic) -1.34 -0.45 0.38 0.84 0.54 -0.04 0.50 0.10 0.45 -0.03 0.79 1.39 0.92 0.20 0.64 0.54 0.73 0.46 0.44 0.81 0.81 0.72 0.63 0.53 0.12 0.12 0.14 0.09 0.21 0.43 0.21 -0.01 0.94 0.06 0.14 0.09 0.19 0.28 0.27 0.21 0.17 0.19 0.11 0.15 0.09 0.20 0.15 0.14 0.14 0.22 0.18 0.20 0.17 0.88 0.42 0.22 0.18 0.28 0.20 0.29 0.20
EPS (Diluted) -1.34 -0.43 0.37 0.82 0.53 -0.04 0.50 0.10 0.45 -0.03 0.79 1.37 0.90 0.19 0.64 0.53 0.71 0.45 0.43 0.79 0.79 0.72 0.62 0.53 0.12 0.12 0.14 0.09 0.21 0.42 0.21 -0.01 0.92 0.06 0.14 0.09 0.19 0.27 0.26 0.20 0.17 0.19 0.11 0.15 0.09 0.19 0.15 0.14 0.14 0.22 0.18 0.20 0.16 1.29 0.42 0.22 0.18 0.28 0.20 0.29 0.20
Shares Outstanding 35.5 35.5 35.5 35.3 34.9 35.3 35.2 35.7 35.6 35.7 35.9 36.0 35.9 35.8 35.9 36.1 36.3 36.5 36.6 36.6 36.3 36.0 36.0 35.7 35.5 35.5 35.3 35.2 35.1 35.0 35.0 34.9 34.8 34.7 34.6 34.6 34.6 35.1 35.0 35.0 35.4 36.0 36.0 35.9 35.6 35.5 35.3 35.1 35.0 34.9 33.7 33.5 33.4 22.3 20.9 20.8 20.8 20.8 20.8 20.8 20.8
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 162.5 178.2 165.5 116.4 112.2 111.3 131.4 74.9 71.8 100.5 75.2 87.1 95.8 115.2 76.2 84.0 258.1 314.0 300.6 411.0 363.9 428.6 383.1 311.2 295.7 303.3 285.4 259.1 240.1 230.9 206.4 289.8 284.9 253.4 212.8 210.6 195.4 224.2 238.0 210.9 220.6
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 0 0 0 0 0 0 0 0 0 0 0 0 22.5 55.0 54.9 55.0 52.4 55.0 55.0
Net Receivables 103.4 112.6 125.2 151.8 111.7 95.2 92.2 97.4 94.0 91.1 85.4 61.7 48.3 67.2 52.7 48.8 44.8 47.7 45.3 49.8 49.3 43.8 48.2 48.7 45.2 47.0 46.9 44.3 45.4 41.0 45.9 44.7 44.6 49.9 44.9 38.2 38.0 38.1 38.3 37.5 35.0
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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 55.4 47.8 46.0 40.5 40.0 49.5 53.8 68.5 93.1 100.3 108.8 124.6 34.8 33.3 0 0 0 0 0 0 0 0 0 0 0 0 31.7 0 35.4 34.8 28.3 27.3 33.6 37.1 35.9 29.2 28.0 22.6 6.7 7.2 6.7
Total Current Assets 321.2 338.6 336.8 308.7 264.0 256.0 277.4 240.8 258.9 292.0 269.5 273.4 178.9 215.7 161.1 163.3 339.7 388.2 375.7 484.4 440.6 489.1 450.7 386.5 369.7 377.0 364.0 333.1 321.0 306.7 280.6 361.9 363.0 340.5 316.1 332.9 316.3 339.8 351.9 328.8 329.3
Non-Current Assets
Property, Plant & Equipment 71.0 72.3 74.5 76.2 78.5 80.4 83.4 78.5 79.9 79.7 78.2 76.7 73.4 72.1 88.1 86.8 83.1 82.6 85.1 86.3 88.3 90.5 93.5 96.3 100.3 104.3 107.1 113.2 118.9 76.2 81.2 84.7 88.2 85.7 77.8 69.5 63.9 56.1 49.8 41.3 37.9
Goodwill 574.2 574.6 574.6 575.2 572.4 569.7 607.4 402.8 402.8 383.3 382.2 383.0 382.6 381.9 379.5 377.7 219.2 219.8 219.8 149.1 149.0 89.4 88.7 88.2 88.1 89.0 88.0 88.4 88.9 88.6 88.8 88.0 89.6 98.7 90.5 51.0 49.7 49.3 50.5 51.4 52.4
Intangible Assets 203.9 215.7 227.1 238.0 238.3 248.5 245.7 164.5 174.9 184.4 193.8 202.1 167.8 173.1 172.9 185.9 116.9 123.8 130.2 46.4 45.8 25.8 24.5 25.2 25.5 26.7 25.7 26.5 29.0 29.5 30.6 30.3 32.2 34.2 43.0 30.2 29.9 30.2 30.8 27.6 29.2
Long-Term Investments 0 19.3 22.6 44.4 30.5 54.5 51.1 67.9 16.8 20 20 20 0 0 0 0 0 0 0 0 0 0 0 0 0 0 15 15 15 15 15 15 0 0 1.6 1.6 0 0 0 0 0
Other Non-Current Assets 72.7 74.1 88.2 56.8 62.4 29.2 34.0 25.6 67.1 51.8 52.8 47.4 22.0 21.8 26.2 26.2 25.5 26.7 21.7 21.8 21.3 21.4 16.2 16.4 16.5 19.2 3.6 3.1 3.1 3.1 3.1 3.1 24.2 9.0 5.2 3.5 5.0 3.4 2.8 2.8 2.8
Total Non-Current Assets 990.0 1,017.3 1,038.8 1,067.7 1,060.2 1,053.2 1,071.5 763.0 769.6 744.0 746.5 730.8 663.6 665.5 679.1 685.3 456.3 463.5 465.5 311.4 314.6 240.6 237.6 239.8 245.3 253.5 253.3 259.8 266.5 224.8 232.6 231.4 243.5 237.3 236.5 178.0 170.3 161.9 155.4 139.6 140.1
Total Assets 1,311.2 1,355.9 1,375.6 1,376.5 1,324.2 1,309.2 1,348.8 1,003.9 1,028.5 1,036.0 1,015.9 1,004.3 842.5 881.2 840.2 848.6 796.0 851.7 841.2 795.9 755.1 729.6 688.3 626.3 615.0 630.5 617.2 593.0 587.5 531.5 513.2 593.3 606.5 577.8 552.5 511.0 486.6 501.8 507.3 468.4 469.3
Current Liabilities
Account Payables 13.5 13.9 13.9 16.0 16.1 9.2 15.1 10.5 9.4 9.1 7.1 6.1 7.8 7.2 6.5 5.9 7.2 10.1 5.1 5.4 6.1 2.4 4.1 4.5 4.1 6.1 4.2 3.9 4.9 7.2 4.0 4.6 8.7 7.2 10.2 3.0 11.7 7.3 15.3 10.6 9.0
Short-Term Debt 158.1 166.4 158.1 158.1 158.1 158.1 158.8 30 30 30 30 30 0 50 50 50 0 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 208.7 213.0 211.6 226.7 226.2 225.5 226.4 186.5 198.0 203.5 203.1 207.5 180.7 187.1 174.4 178.4 178.7 181.0 171.1 161.9 153.6 149.8 144.7 138.2 138.9 141.9 137.5 137.1 137.4 139.6 141.4 139.9 139.5 157.8 146.4 136.0 126.8 122.2 117.9 111.3 105.5
Other Current Liabilities 79.3 235.1 207.4 233.5 214.8 98.5 221.8 42.6 151.3 125.0 111.2 105.7 34.6 51.8 42.9 42.4 37.4 57.7 52.9 38.0 33.2 41.9 36.7 29.2 27.7 39.6 36.5 22.5 24.0 61.3 63.0 13.1 70.5 60.9 53.9 54.9 48.2 53.3 54.1 19.3 12.8
Total Current Liabilities 629.1 628.4 631.0 634.3 615.2 625.3 663.4 432.3 433.0 452.4 424.3 407.6 313.5 383.7 360.1 368.0 303.9 333.8 315.5 282.5 265.3 256.9 245.2 228.9 232.3 245.9 247.9 228.8 232.2 223.3 226.6 216.0 230.9 245.7 230.4 205.7 196.1 203.5 202.8 183.8 170.4
Non-Current Liabilities
Long-Term Debt 115.9 133.9 117.4 118.1 118.9 119.6 120.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 46.0 47.0 48.6 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Tax Liabilities 0.6 1.1 1.6 1.9 1.9 2.2 3.1 3.7 3.8 4.2 4.4 17.3 4.8 4.5 3.5 4.6 2.5 2.8 3.2 0 0 0 0 0 0 0 0 0 0 0.1 0 0 1.2 1.5 1.7 1.8 2.0 2.1 2.2 2.9 3.5
Other Non-Current Liabilities 18.2 (5.8) 12.1 15.1 19.4 20.4 14.3 20.9 21.7 22.9 23.9 26.6 13.7 9.9 10.2 9.5 9.3 9.7 9.4 9.3 9.3 9.2 9.9 9.7 9.4 9.2 (39.0) (33.8) (36.9) 21.4 18.0 18.3 17.2 16.0 13.1 11.9 12.5 9.4 9.0 7.5 18.2
Total Non-Current Liabilities 150.0 146.5 150.3 156.0 161.8 165.5 162.6 51.1 54.3 56.5 59.7 77.2 52.5 50.0 49.5 51.5 47.7 49.4 50.8 48.0 49.3 50.8 52.8 53.9 54.9 56.5 53.1 60.2 60.3 21.5 18.0 18.3 18.5 17.4 14.8 13.7 14.5 11.6 11.2 10.4 21.7
Total Liabilities 779.1 774.9 781.2 790.3 777.0 790.8 825.9 483.5 487.2 508.9 484.0 484.8 366.0 433.7 409.6 419.5 351.6 383.2 366.3 330.5 314.6 307.7 298.0 282.8 287.2 302.4 301.0 289.0 292.5 244.8 244.6 234.3 249.4 263.2 245.2 219.4 210.6 215.1 214.0 194.2 192.2
Stockholders' Equity
Common Stock 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4
Retained Earnings 274.8 335.2 362.9 361.2 343.4 336.2 348.1 341.1 348.1 342.7 353.3 334.5 294.2 271.1 272.6 258.2 247.4 229.5 220.3 212.0 190.2 168.3 148.6 132.1 119.2 121.2 116.8 111.9 108.6 101.1 86.2 183.6 183.9 145.1 143.1 138.1 135.0 129.1 119.2 109.8 102.6
Accumulated Other Comprehensive Income (6.3) (4.8) (4.9) (2.5) (12.5) (16.8) (9.5) (13.8) (13.4) (12.0) (15.6) (14.1) (14.0) (15.4) (22.7) (16.6) (11.7) (10.8) (9.2) (7.4) (7.5) (7.7) (9.1) (8.4) (8.7) (6.2) (8.7) (7.5) (6.4) (6.5) (4.9) (6.7) (2.5) (3.6) (4.6) (8.9) (14.8) (17.1) (10.8) (8.6) (4.5)
Total Stockholders' Equity 532.1 581.0 594.4 586.2 547.2 518.4 522.9 520.4 541.3 527.1 532.0 519.5 476.5 447.5 430.6 429.1 444.4 468.5 474.9 465.3 440.5 421.9 390.2 343.5 327.7 328.1 316.3 303.9 295.0 286.7 268.6 358.9 357.2 314.6 307.4 291.5 275.9 286.7 293.3 274.1 277.2
Total Liabilities & Equity 1,311.2 1,355.9 1,375.6 1,376.5 1,324.2 1,309.2 1,348.8 1,003.9 1,028.5 1,036.0 1,015.9 1,004.3 842.5 881.2 840.2 848.6 796.0 851.7 841.2 795.9 755.1 729.6 688.3 626.3 615.0 630.5 617.2 593.0 587.5 531.5 513.2 593.3 606.5 577.8 552.5 511.0 486.6 501.8 507.3 468.4 469.3
Debt Metrics
Total Debt 289.3 317.6 294.6 297.0 298.7 310.8 304.0 56.4 58.7 68.5 61.5 63.4 34.0 85.6 85.9 87.4 35.9 37.0 38.2 38.7 40.1 41.6 43.0 44.3 45.5 47.3 46.0 47.0 48.6 0 0 0 0 0 0 0 0 0 0 0 0
Net Debt 126.8 139.3 129.1 180.6 186.4 199.5 172.6 (18.4) (13.1) (32.0) (13.8) (23.8) (61.8) (29.5) 9.6 3.4 (222.3) (277.1) (262.4) (372.4) (323.9) (387.0) (340.2) (266.9) (250.2) (255.9) (239.4) (212.1) (191.6) (230.9) (206.4) (289.8) (284.9) (253.4) (212.8) (210.6) (195.4) (224.2) (238.0) (210.9) (220.6)
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 (47.6) (16.0) 13.4 29.4 18.7 (1.4) 17.6 3.6 16.1 (1.0) 28.4 50.0 32.8 7.0 23.0 19.4 26.6 16.9 16.0 29.5 29.5 25.9 22.6 19.0 4.3 4.4 4.9 3.3 7.5 14.9 7.4 (0.3) 32.6 2.1 5.0 3.1 6.6 9.9 9.4 7.2 6.1
Depreciation & Amortization 22.7 22.7 22.9 0 22.7 23.3 21.6 21.4 21.3 20.4 21.3 19.2 18.9 18.6 18.3 16.5 15.1 15.0 13.5 10.2 10.1 10.2 9.8 10.9 10.5 12.6 12.0 13.4 11.9 11.7 11.7 11.3 10.9 10.5 10.2 7.8 7.0 5.8 5.2 4.8 4.2
Stock-Based Compensation 13.4 14.6 13.0 0.4 17.9 15.1 15.1 15.0 11.2 12.0 13.0 14.9 8.6 11.8 9.1 7.0 7.8 9.5 8.7 9.7 8.2 0 8.3 3.6 5.8 4.9 5.5 7.8 4.6 5.9 6.0 6.4 5.6 4.8 6.9 7.3 6.0 7.0 6.5 7.3 7.4
Change in Working Capital (7.2) 12.1 7.5 (29.2) (13.6) (26.1) (55.1) (19.8) (31.1) 5.8 (22.4) (13.5) 6.6 6.0 (9.8) (4.0) (25.9) 15.3 17.8 20.2 (12.1) 15.9 23.7 (5.5) (14.0) 3.7 7.9 4.6 (4.4) 0.9 6.9 (4.0) 12.0 10.6 5.0 5.4 2.3 (3.2) 19.3 (1.0) (1.1)
Other Non-Cash Items 43.4 12.9 (2.8) 26.2 (12.7) (0.7) (1.5) 3.4 (5.3) 2.0 (9.5) (41.7) 0.8 21.4 0.4 0.3 0.4 (0.0) (0.0) (0.3) 0.5 11.6 0.5 0.4 0.7 0.6 0.1 (0.0) (0.6) 0.3 0.4 6.1 (38.4) 0.3 0.3 0.5 (6.1) (0.2) 0.0 (0.2) 5.1
Operating Cash Flow 17.4 36.2 78.4 26.8 25.2 8.0 (11.6) 28.0 8.3 33.9 10.0 29.8 66.8 61.2 37.7 36.9 22.7 54.5 54.6 71.4 35.8 64.8 63.9 29.5 6.9 25.6 30.3 27.0 19.7 33.7 30.5 16.9 21.1 36.5 31.1 23.2 17.2 24.4 35.1 18.6 23.0
Investing Activities
Capital Expenditure (11.6) (10.3) (11.6) (11.3) (10.8) (10.5) (15.4) (9.9) (15.5) (11.3) (16.3) (12.2) (15.9) (16.0) (16.3) (15.3) (12.5) (7.9) (10.3) (9.7) (9.0) (5.4) (6.8) (7.1) (8.4) (8.0) (6.4) (7.2) (7.8) (6.4) (8.1) (8.7) (15.6) (17.8) (12.9) (13.1) (14.2) (15.0) (15.2) (9.4) (8.4)
Acquisitions 0 0 0 0 0 0 (159.6) 0 (19.5) 1.6 (1.6) (53.7) 0 0 0.3 (212.1) (0.7) 0.2 (109.6) 0 (72.2) (1.9) 0 0 0 0 0 0 2.5 (0.8) (0.6) 0.1 41.5 (0.1) (50.5) (0.8) (0.8) (1.8) (4.8) 9.4 (0.6)
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 0.0 0 0 0 (0.0) 0 (0.0) 0 (0.1) 0 0 (5) 0 0 0 0 0 0 0 0 0 0 0 1.4 0 0.1 (1.5) 202.3 (69.9) (72.4) (60.0)
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 1.5 0 0 0 0.0 0 0 0 0 0 0 (0.2) 0 0 0 0 0 0 0 0 0 0 0 17.8 0 13.1 0.8 (197.1) 72.5 72.5 52.1
Other Investing Activities 0.4 (0.0) 0.3 (3.7) (0.4) 0.4 26.5 18.2 18.4 17.3 20.5 15.7 (0.0) (1.6) (1.5) (0.4) 0.7 (0.3) (31.5) (0.1) (0.0) 0 0.2 0.1 0.0 (0.3) (0.0) 0.0 2.0 0.8 (0.0) (0.0) (15.0) 1.3 32.1 (12.3) 0.0 (6.6) 4.8 (9.4) (0.2)
Investing Cash Flow (11.1) (10.4) (11.2) (15.0) (11.2) (10.0) (147.9) 8.3 (16.5) 7.6 4.2 (50.2) (15.9) (17.6) (17.6) (227.8) (12.5) (8.0) (151.4) (9.8) (81.2) (13.2) (6.7) (7.0) (8.4) (8.3) (6.5) (7.2) (5.3) (6.4) (8.7) (8.7) 10.9 2.6 (31.3) (13.0) (15.7) (18.2) (12.5) (9.4) (17.1)
Financing Activities
Net Debt Issuance (0.8) (0.8) (0.8) (0.8) (0.8) (1.6) 250 0 0 0 0 30 (50) 0 0 50 0 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 (4.1) (1.5) (3.5) 0 (21.0) (20.6) (8.0) (9.2) (15.0) (4) 0 0 (16.6) (18.6) (38.4) (22.3) (4.2) 0 0 0 0 0 0 0 (1.2) (1.1) (4.1) (1.2) (1.1) (0.9) (4.0) (1.1) (0.8) (1.0) (25.0) (15.3) (0.4) (16.7) (27.7)
Dividends Paid (12.8) (11.7) (11.7) (11.6) (11.5) (10.4) (10.6) (10.7) (10.7) (9.6) (9.6) (9.7) (9.7) (8.6) (8.6) (8.7) (8.7) (7.7) (7.7) (7.7) (7.6) (6.2) (6.1) (6.1) (6.0) 0 0 0 0 (104.9) (104.9) 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (6.4) (0.3) 0 0 0 (0.5) (5.1) (0.9) 0 (0.6) (0.7) (3.5) (11.0) (0.6) 0.3 (2.6) (18.5) (1.3) (1.0) (6.7) (11.7) (0.6) 22.7 (1.0) (1.8) 0.1 3.2 (1.1) (3.9) (1.2) (1.1) (0.2) (2.8) (0.7) (0.4) (0.6) (7.2) (0.4) 0.8 (0.5) 0.1
Financing Cash Flow (19.9) (12.8) (16.6) (13.9) (15.8) (12.5) 213.3 (32.1) (18.6) (19.5) (25.3) 12.7 (70.7) (9.2) (24.9) 20.2 (65.6) (31.3) (12.7) (14.4) (19.4) (6.3) 16.6 (7.1) (7.8) 0.1 3.2 (1.1) (3.9) (1.2) (105.4) (0.2) (2.8) (0.7) (0.4) (0.6) (32.1) (14.7) 5.1 (16.2) (27.6)
Cash Position
Net Change in Cash (15.7) 12.7 49.1 4.2 1.0 (20.1) 56.5 3.1 (28.7) 25.3 (11.9) (8.7) (19.3) 38.9 (7.8) (174.1) (55.9) 13.4 (110.5) 47.1 (64.6) 45.4 72.0 15.4 (10.2) 17.9 26.3 18.9 9.3 24.4 (83.4) 5.0 31.5 40.6 2.2 15.2 (28.8) (13.8) 27.1 (9.6) (20.7)
Cash at Beginning 178.2 165.5 116.4 112.2 111.3 131.4 74.9 71.8 100.5 75.2 87.1 95.8 115.2 76.2 84.0 258.1 314.0 300.6 411.0 363.9 428.6 383.1 311.2 295.7 305.9 288.0 261.7 242.8 233.5 209.0 292.5 287.5 256.0 212.8 210.6 195.4 224.2 238.0 210.9 220.6 241.3
Cash at End 162.5 178.2 165.5 116.4 112.2 111.3 131.4 74.9 71.8 100.5 75.2 87.1 95.8 115.2 76.2 84.0 258.1 314.0 300.6 411.0 363.9 428.6 383.1 311.2 295.7 305.9 288.0 261.7 242.8 233.5 209.0 292.5 287.5 253.4 212.8 210.6 195.4 224.2 238.0 210.9 220.6
Free Cash Flow 5.8 25.9 66.8 15.5 14.4 (2.5) (27.0) 18.1 (7.2) 22.6 (6.3) 17.6 50.9 45.2 21.4 21.6 10.2 46.6 44.3 61.7 26.8 59.5 57.0 22.4 (1.6) 17.6 23.8 19.8 11.9 27.3 22.4 8.2 5.5 18.7 18.2 10.1 3.0 9.4 19.9 9.3 14.6
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 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1
Income Statement
Revenue 199.2 220.2 260.1 267.0 242.6 250.3 250.6 220.1 214.3 217.2 233.2 208.8 215.3 217.7 204.1 206.9 199.1 205.8 194.4 189.9 183.3 180.9 165.2 159.2 161.3 166.4 159.1 161.7 163.3 162.1 151.6 156.6 153.0 151.8 141.1 134.0 130.2 130.2 123.1 124.4 116.7 116.0 107.3 104.4 97.5 91.2 83.7 80.2 72.8 68.0 59.6 56.8 51.1 49.2 42.3 40.6 37.6 34.7 31.2 28.9 25.5
Gross Profit 104.4 121 157.5 161.0 141.7 137.9 146.2 128.8 126.1 121.4 139.0 124.4 137.1 129.8 124.2 129.9 129.7 127.3 124.8 122.2 121.4 114.6 104.9 95.4 92.2 94.6 90.4 93.2 94.1 93.2 85.1 88.7 88.5 87.2 82.3 76.7 77.8 77.5 72.9 72.2 68.6 68.1 62.7 61.8 58.0 55.6 50.5 48.2 43.7 41.9 36.6 35.0 31.3 30.4 26.1 25.2 23.0 21.8 19.8 17.9 15.3
Operating Income (31.0) 0.8 32.5 34.7 10.2 13.1 18.1 20.7 16.7 2.1 17.2 8.7 40.4 7.6 28.7 25.4 31.9 14.6 22.2 33.2 38.1 27.6 29.3 22.5 5.8 5.8 3.2 3.1 8.1 15.6 6.7 5.6 4.5 7.2 5.6 3.3 10.3 13.2 11.3 10.5 10.8 15.0 8.1 9.7 8.2 12.2 8.9 8.4 9.1 12.5 9.9 10.9 10.0 3.0 8.9 6.2 3.8 6.1 5.9 6.4 4.4
Net Income (47.6) (16.0) 13.4 29.4 18.7 (1.4) 17.6 3.6 16.1 (1.0) 28.4 50.0 32.8 7.0 23.0 19.4 26.6 16.9 16.0 29.5 29.5 25.9 22.6 19.0 4.3 4.4 4.9 3.3 7.5 14.9 7.4 (0.3) 32.6 2.1 5.0 3.1 6.6 9.9 9.4 7.2 6.1 6.9 4.1 5.3 3.2 7.0 5.3 4.9 4.9 7.8 6.2 6.8 5.5 28.7 8.7 4.6 3.7 5.8 4.3 6.1 4.3
EPS (Diluted) -1.34 -0.43 0.37 0.82 0.53 -0.04 0.50 0.10 0.45 -0.03 0.79 1.37 0.90 0.19 0.64 0.53 0.71 0.45 0.43 0.79 0.79 0.72 0.62 0.53 0.12 0.12 0.14 0.09 0.21 0.42 0.21 -0.01 0.92 0.06 0.14 0.09 0.19 0.27 0.26 0.20 0.17 0.19 0.11 0.15 0.09 0.19 0.15 0.14 0.14 0.22 0.18 0.20 0.16 1.29 0.42 0.22 0.18 0.28 0.20 0.29 0.20
Balance Sheet
Cash & Equivalents 162.5 178.2 165.5 116.4 112.2 111.3 131.4 74.9 71.8 100.5 75.2 87.1 95.8 115.2 76.2 84.0 258.1 314.0 300.6 411.0 363.9 428.6 383.1 311.2 295.7 303.3 285.4 259.1 240.1 230.9 206.4 289.8 284.9 253.4 212.8 210.6 195.4 224.2 238.0 210.9 220.6
Total Assets 1,311.2 1,355.9 1,375.6 1,376.5 1,324.2 1,309.2 1,348.8 1,003.9 1,028.5 1,036.0 1,015.9 1,004.3 842.5 881.2 840.2 848.6 796.0 851.7 841.2 795.9 755.1 729.6 688.3 626.3 615.0 630.5 617.2 593.0 587.5 531.5 513.2 593.3 606.5 577.8 552.5 511.0 486.6 501.8 507.3 468.4 469.3
Total Debt 289.3 317.6 294.6 297.0 298.7 310.8 304.0 56.4 58.7 68.5 61.5 63.4 34.0 85.6 85.9 87.4 35.9 37.0 38.2 38.7 40.1 41.6 43.0 44.3 45.5 47.3 46.0 47.0 48.6 0 0 0 0 0 0 0 0 0 0 0 0
Stockholders' Equity 532.1 581.0 594.4 586.2 547.2 518.4 522.9 520.4 541.3 527.1 532.0 519.5 476.5 447.5 430.6 429.1 444.4 468.5 474.9 465.3 440.5 421.9 390.2 343.5 327.7 328.1 316.3 303.9 295.0 286.7 268.6 358.9 357.2 314.6 307.4 291.5 275.9 286.7 293.3 274.1 277.2
Cash Flow
Operating Cash Flow 17.4 36.2 78.4 26.8 25.2 8.0 (11.6) 28.0 8.3 33.9 10.0 29.8 66.8 61.2 37.7 36.9 22.7 54.5 54.6 71.4 35.8 64.8 63.9 29.5 6.9 25.6 30.3 27.0 19.7 33.7 30.5 16.9 21.1 36.5 31.1 23.2 17.2 24.4 35.1 18.6 23.0
Capital Expenditure (11.6) (10.3) (11.6) (11.3) (10.8) (10.5) (15.4) (9.9) (15.5) (11.3) (16.3) (12.2) (15.9) (16.0) (16.3) (15.3) (12.5) (7.9) (10.3) (9.7) (9.0) (5.4) (6.8) (7.1) (8.4) (8.0) (6.4) (7.2) (7.8) (6.4) (8.1) (8.7) (15.6) (17.8) (12.9) (13.1) (14.2) (15.0) (15.2) (9.4) (8.4)
Free Cash Flow 5.8 25.9 66.8 15.5 14.4 (2.5) (27.0) 18.1 (7.2) 22.6 (6.3) 17.6 50.9 45.2 21.4 21.6 10.2 46.6 44.3 61.7 26.8 59.5 57.0 22.4 (1.6) 17.6 23.8 19.8 11.9 27.3 22.4 8.2 5.5 18.7 18.2 10.1 3.0 9.4 19.9 9.3 14.6