STEP - StepStone Group Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$63.88
DETAILS
HIGH:
$85.00
LOW:
$55.00
MEDIAN:
$61.50
CONSENSUS:
$63.88
UPSIDE:
44.59%
| Metric | 2027 Q1 | 2026 Q4 | 2026 Q3 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||
| Revenue | 378.9 | 588.6 | 586.5 | 454.2 | 364.3 | 377.7 | 339.0 | 271.7 | 186.4 | 356.8 | (14.6) | 191.4 | 178.0 | 172.4 | (4.2) | (158.5) | (77.2) | 364.7 | 410.5 | 281.8 | 308.6 | 359.1 | 247.2 | 242.9 | (61.4) | 143.9 | 71.2 | 131.9 | 99.6 | 46.1 | 70.2 |
| Cost of Revenue | 0 | 249.7 | 288.3 | 247.2 | 191.7 | 340.8 | 655.4 | 170.6 | 98.2 | 200.9 | (42.9) | 92.7 | 79.4 | 55.3 | (46.4) | (141.7) | (106.4) | 231.3 | 259.0 | 144.9 | 153.6 | 187.9 | 120.6 | 120.8 | (26.1) | 77.5 | 37.6 | 71.1 | 54.2 | 1.6 | 0 |
| Gross Profit | 378.9 | 338.8 | 298.2 | 207.0 | 172.6 | 36.9 | (316.4) | 101.0 | 88.2 | 155.9 | 28.3 | 98.7 | 98.6 | 117.1 | 42.2 | (16.8) | 29.1 | 133.4 | 151.4 | 136.9 | 155.1 | 171.2 | 126.5 | 122.1 | (35.3) | 66.5 | 33.6 | 60.8 | 45.4 | 44.5 | 70.2 |
| Operating Expenses | |||||||||||||||||||||||||||||||
| R&D 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 |
| SG&A Expenses | 53.5 | 359.2 | 519.4 | 929.8 | 231.6 | 43.1 | 40.7 | 39.3 | 38.1 | 68.2 | 62.0 | 37.6 | 41.7 | 44.9 | 51.7 | 37.5 | 37.9 | 42.1 | 33.7 | 28.5 | 20.2 | 17.3 | 15.8 | 12.3 | 11.0 | 15.8 | 13.8 | 13.2 | 12.8 | 39.6 | 51.6 |
| Other Expenses | 530.2 | 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 |
| Operating Expenses | 583.7 | 359.2 | 519.4 | 929.8 | 231.6 | 43.1 | 40.7 | 39.3 | 38.1 | 68.2 | 62.0 | 37.6 | 41.7 | 44.9 | 51.7 | 37.5 | 37.9 | 42.1 | 33.7 | 28.5 | 20.2 | 17.3 | 15.8 | 12.3 | 11.0 | 15.8 | 13.8 | 13.2 | 12.8 | 39.6 | 51.6 |
| Operating Income | |||||||||||||||||||||||||||||||
| Operating Income | (204.8) | (20.3) | (221.3) | (722.8) | (59.0) | (6.2) | (357.1) | 61.8 | 50.0 | 87.6 | (33.8) | 61.1 | 56.8 | 72.1 | (9.5) | (54.3) | (8.8) | 91.4 | 117.7 | 108.4 | 134.9 | 153.9 | 110.7 | 109.8 | (46.3) | 50.6 | 19.8 | 47.5 | 32.6 | 4.9 | 18.6 |
| Interest Expense | 4.3 | 4.4 | 5.1 | 4.4 | 4.5 | 3.2 | 3.0 | 3.5 | 3.0 | 2.6 | 2.6 | 2.1 | 2.0 | 1.7 | 1.1 | 0.8 | 0.6 | 0.5 | 0.5 | 0.1 | 0.0 | 0.0 | 0.0 | 5.3 | 2.1 | 2.5 | 2.4 | 2.6 | 2.7 | 0 | 0 |
| Interest Income | 13.1 | 3.7 | 2.5 | 3.2 | 2.5 | 3.2 | 2.6 | 3.0 | 2.1 | 1.4 | 0.8 | 1.0 | 0.4 | 0.9 | 0.7 | 0.4 | 0.0 | 0.0 | 0.0 | 0.2 | 0.1 | 0.1 | 0.1 | 0.2 | 0.1 | 0.3 | 0.4 | 0.4 | 0.3 | 0 | 0 |
| Profitability | |||||||||||||||||||||||||||||||
| EBITDA | (184.5) | 15.5 | (178.1) | (659.9) | (4.4) | 5.2 | (345.7) | 73.2 | 61.4 | 108.6 | (9.4) | 81.1 | 72.0 | 81.3 | (1.1) | (61.9) | (8.1) | 128.0 | 154.3 | 116.3 | 142.1 | 164.2 | 112.5 | 115.9 | (47.8) | 55.5 | 22.6 | 49.4 | 34.2 | 6.5 | 18.6 |
| EBIT | (195.9) | 4.1 | (189.5) | (671.4) | (15.8) | (6.2) | (357.1) | 61.8 | 50.0 | 97.2 | (21.6) | 69.1 | 60.1 | 69.2 | (13.2) | (73.7) | (19.6) | 116.3 | 142.6 | 113.8 | 140.9 | 162.9 | 111.1 | 114.5 | (49.1) | 53.9 | 20.7 | 47.5 | 32.6 | 4.9 | 18.6 |
| Income Before Tax | (200.2) | (0.3) | (194.6) | (675.8) | (20.4) | 9.9 | (344.7) | 57.9 | 54.8 | 94.5 | (24.1) | 67.0 | 58.0 | 67.5 | (14.3) | (74.5) | (20.2) | 115.8 | 142.1 | 113.7 | 140.9 | 162.9 | 116.9 | 109.2 | (51.2) | 51.5 | 18.2 | 47.4 | 31.6 | 2.2 | 15.9 |
| Income Tax Expense | (29.9) | (7.0) | (32.2) | (100.3) | (8.3) | (3.2) | (57.6) | 4.8 | 6.8 | 12.0 | (0.7) | 7.7 | 8.6 | 10.7 | (0.7) | (7.4) | 1.3 | 12.2 | 15.8 | (14.1) | 14.4 | 11.7 | 9.5 | 0.9 | 1.2 | 1.3 | 1.0 | 1.1 | 0.6 | 0.5 | 0.3 |
| Net Income | (115.8) | (7.8) | (123.5) | (366.1) | (38.4) | (18.5) | (192.0) | 17.6 | 13.3 | 30.8 | (20.2) | 26.2 | 21.3 | 28.8 | (6.9) | (29.2) | (11.0) | 41.8 | 48.3 | 62.1 | 41.6 | 37.8 | 25.6 | (0.8) | 0 | 131.9 | 0 | 46.4 | 28.5 | 0.0 | 12.7 |
| Per Share Data | |||||||||||||||||||||||||||||||
| EPS (Basic) | -1.41 | -0.10 | -1.55 | -4.66 | -0.49 | -0.24 | -2.61 | 0.26 | 0.20 | 0.48 | -0.32 | 0.42 | 0.34 | 0.46 | -0.11 | -0.48 | -0.18 | 0.78 | 0.84 | 1.49 | 1.07 | 1.29 | 0.87 | -0.03 | -2.12 | 4.96 | 0.65 | 1.74 | 1.07 | 0.00 | 0.43 |
| EPS (Diluted) | -1.41 | -0.10 | -1.55 | -4.66 | -0.49 | -0.24 | -2.61 | 0.26 | 0.20 | 0.48 | -0.32 | 0.41 | 0.34 | 0.46 | -0.11 | -0.48 | -0.18 | 0.73 | 0.83 | 1.45 | 1.06 | 1.29 | 0.87 | -0.03 | -2.12 | 4.96 | 0.65 | 1.74 | 1.07 | 0.00 | 0.43 |
| Shares Outstanding | 82.0 | 80.3 | 79.5 | 78.6 | 77.8 | 76.0 | 73.7 | 68.8 | 66.2 | 64.2 | 63.2 | 62.9 | 62.8 | 62.8 | 62.2 | 61.4 | 61.1 | 53.9 | 57.9 | 41.7 | 39.0 | 38.4 | 29.2 | 29.2 | 26.6 | 29.2 | 29.2 | 29.2 | 29.2 | 29.2 | 29.2 |
| Metric | 2027 Q1 | 2026 Q4 | 2026 Q3 | 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 | 2019 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 201.2 | 1,118.4 | 377.5 | 366.2 | 244.1 | 289.3 | 278.8 | 224.6 | 195.4 | 181.6 | 173.6 | 176.1 | 127.2 | 128.6 | 140.1 | 143.6 | 106.4 | 116.4 | 135.9 | 175.0 | 218.6 | 179.9 | 185.0 | 156.9 | 90.7 | 89.9 | 116.1 | 40.6 |
| 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 |
| Net Receivables | 109.7 | 2,283.3 | 2,250.5 | 1,933.0 | 1,780.9 | 1,669.3 | 1,634.7 | 1,529.5 | 1,487.5 | 1,478.4 | 1,326.0 | 1,428.1 | 1,386.2 | 1,325.9 | 1,204.9 | 1,237.2 | 1,439.7 | 1,534.0 | 1,391.2 | 1,260.4 | 1,121.5 | 936.1 | 669.9 | 518.9 | 369.3 | 495.6 | 42.0 | 325.6 |
| 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 |
| Other Current Assets | 0.6 | 0.6 | 0.6 | 0.5 | 0.5 | 0.5 | 0.7 | 0.8 | 0.7 | 0.7 | 0.8 | 0.7 | 0.7 | 1.0 | 1.0 | 0.9 | 1.0 | 1.1 | 1.0 | 1.0 | 4.0 | 4.0 | 4.0 | 2.9 | 0 | 0 | (158.1) | 0 |
| Total Current Assets | 311.5 | 3,402.3 | 2,628.5 | 2,299.7 | 2,025.6 | 1,959.1 | 1,914.2 | 1,754.9 | 1,683.6 | 1,660.7 | 1,500.3 | 1,604.9 | 1,514.2 | 1,455.5 | 1,345.9 | 1,381.7 | 1,547.0 | 1,651.5 | 1,528.1 | 1,436.5 | 1,344.1 | 1,120.0 | 858.9 | 678.8 | 460.0 | 585.6 | 0 | 366.2 |
| Non-Current Assets | ||||||||||||||||||||||||||||
| Property, Plant & Equipment | 95.2 | 107.9 | 84.0 | 86.6 | 89.1 | 121.6 | 90.6 | 92.8 | 95.4 | 127.3 | 97.4 | 99.8 | 100.5 | 117.0 | 104.8 | 62.8 | 72.1 | 61.1 | 63.3 | 65.5 | 64.7 | 10.2 | 0 | 0 | 0 | 0 | 0 | 0 |
| Goodwill | 580.5 | 580.5 | 580.5 | 580.5 | 580.5 | 580.5 | 580.5 | 580.5 | 580.5 | 580.5 | 580.5 | 580.5 | 580.5 | 580.5 | 580.5 | 580.5 | 580.5 | 580.5 | 583.2 | 583.0 | 6.8 | 6.8 | 6.8 | 6.8 | 6.8 | 6.8 | 6.8 | 6.8 |
| Intangible Assets | 212.9 | 223.0 | 233.3 | 243.5 | 253.7 | 263.9 | 274.1 | 284.4 | 294.6 | 304.9 | 315.3 | 333.3 | 344.0 | 354.6 | 365.5 | 376.4 | 387.3 | 398.1 | 409.2 | 420.1 | 4.9 | 5.5 | 6.3 | 7.2 | 8.0 | 8.8 | 9.8 | 13.9 |
| Long-Term Investments | 264.4 | 1,717.6 | 1,068.8 | 1,537.5 | 1,359.8 | 1,227.9 | 1,065.7 | 1,012.8 | 921.3 | 898.1 | 869.0 | 898.7 | 906.9 | 916.4 | 1,012.3 | 1,098.1 | 1,252.4 | 1,441.6 | 1,410.3 | 1,299.0 | 82.9 | 74.4 | 63.4 | 57.9 | 50.4 | 53.4 | 0 | 86.7 |
| Other Non-Current Assets | 3,530 | 116.6 | 62.8 | 60.0 | 70.4 | 50.8 | 68.4 | 69.8 | 63.5 | 32.8 | 60.3 | 54.2 | 45.7 | 29.0 | 44.9 | 36.6 | 35.4 | 27.4 | 23.6 | 26.8 | 25.0 | 14.5 | 23.7 | 22.8 | 24.2 | 25.5 | (16.6) | 18.2 |
| Total Non-Current Assets | 5,346.4 | 3,360.4 | 2,613.0 | 3,032.4 | 2,756.8 | 2,627.6 | 2,435.5 | 2,285.0 | 2,150.7 | 2,128.1 | 1,967.9 | 2,003.5 | 2,016.6 | 2,041.9 | 2,157.2 | 2,193.9 | 2,359.2 | 2,536.7 | 2,508.5 | 2,395.0 | 278.7 | 200.8 | 135.9 | 139.0 | 89.4 | 95.2 | 0 | 125.5 |
| Total Assets | 7,767.7 | 6,762.7 | 5,241.5 | 5,332.1 | 4,782.4 | 4,586.7 | 4,349.6 | 4,039.9 | 3,834.4 | 3,788.8 | 3,468.2 | 3,608.4 | 3,530.8 | 3,497.4 | 3,503.1 | 3,575.6 | 3,906.2 | 4,188.1 | 4,036.6 | 3,831.5 | 1,622.8 | 1,320.8 | 994.8 | 817.7 | 549.4 | 680.8 | 631.5 | 491.7 |
| Current Liabilities | ||||||||||||||||||||||||||||
| Account Payables | 84.9 | 102.7 | 87.1 | 93.3 | 84.0 | 89.7 | 139.1 | 148.4 | 132.4 | 127.4 | 102.8 | 91.6 | 91.3 | 89.4 | 83.7 | 84.4 | 70.2 | 80.5 | 60.0 | 69.2 | 46.0 | 47.7 | 42.0 | 42.9 | 37.3 | 36.2 | 0 | 35.0 |
| Short-Term Debt | 12.7 | 100 | 0 | 0 | 269.6 | 269.3 | 0 | 0 | 0 | 148.8 | 0 | 0 | 98.5 | 98.4 | 83.2 | 63.1 | 63.0 | 62.9 | 62.8 | 112.6 | 0 | 0 | 0 | 0 | 20.8 | 0 | 0.4 | 17.0 |
| 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 |
| Other Current Liabilities | (2,252.8) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (20.8) | 0 | (0.4) | (17.0) |
| Total Current Liabilities | 12.7 | 2,285.3 | 1,938.7 | 1,876.7 | 2,027.0 | 1,944.5 | 1,624.9 | 1,572.3 | 1,478.0 | 1,692.8 | 1,426.9 | 1,549.7 | 1,651.6 | 1,655.7 | 1,689.1 | 1,786.9 | 2,014.7 | 2,246.4 | 2,084.8 | 1,958.4 | 735.1 | 626.9 | 418.2 | 345.5 | 212.8 | 277.5 | 0 | 187.3 |
| Non-Current Liabilities | ||||||||||||||||||||||||||||
| Long-Term Debt | 1,451.5 | 1,101.8 | 270.2 | 269.9 | 0 | 0 | 168.9 | 172.3 | 172.1 | 0 | 123.7 | 123.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 143.0 | 143.1 | 142.9 | 143.9 |
| 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 |
| Other Non-Current Liabilities | 4,914.5 | 2,386.0 | 2,406.5 | 1,850.3 | 945.5 | 754.3 | 700.2 | 178.8 | 126.7 | 103.1 | 133.3 | 118.3 | 92.9 | 67.2 | 79.6 | 75.5 | 58.8 | 46.4 | 60.3 | 65.5 | 51.0 | 34.2 | 42.5 | 47.8 | 37.5 | 23.2 | (142.9) | 14.9 |
| Total Non-Current Liabilities | 6,528.0 | 3,591.4 | 2,783.3 | 2,229.7 | 1,058.0 | 867.8 | 981.3 | 467.3 | 416.9 | 222.9 | 375.4 | 361.0 | 209.1 | 188.4 | 203.9 | 147.6 | 142.1 | 117.4 | 133.7 | 141.3 | 126.5 | 34.2 | 42.5 | 47.8 | 180.5 | 166.3 | 0 | 158.7 |
| Total Liabilities | 6,528.0 | 5,876.7 | 4,722.0 | 4,106.3 | 3,085.0 | 2,812.3 | 2,606.2 | 2,039.6 | 1,894.9 | 1,915.7 | 1,802.3 | 1,910.7 | 1,860.6 | 1,844.1 | 1,893.0 | 1,934.5 | 2,156.8 | 2,363.8 | 2,218.6 | 2,099.7 | 861.6 | 661.1 | 460.7 | 393.3 | 393.3 | 443.9 | 423.5 | 346.1 |
| 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 | 0.1 | 0.1 | 0.1 | 134.9 | 216.1 | 186.2 | 128.4 |
| Retained Earnings | (1,082.5) | (896.9) | (866.3) | (720.4) | (332.0) | (242.5) | (205.7) | 4.0 | 3.0 | 13.8 | 131.3 | 165.2 | 152.6 | 160.4 | 144.5 | 164.0 | 205.9 | 229.6 | 197.2 | 158.1 | 99.1 | 60.4 | 24.8 | (0.8) | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 1.4 | 1.1 | 0.9 | 0.9 | 0.9 | 0.7 | 0.3 | 0.2 | 0.3 | 0.3 | 0.2 | 0.3 | 0.4 | 0.5 | 0.6 | 0.7 | 0.6 | 0.7 | 0.2 | 0.3 | 0.2 | 0.2 | 0.1 | (0.0) | 0.3 | 0.2 | 0.4 | 0.3 |
| Total Stockholders' Equity | (539.2) | (413.6) | (378.8) | (233.5) | 153.9 | 179.4 | 209.8 | 397.5 | 366.9 | 324.5 | 761.8 | 794.7 | 766.0 | 771.6 | 751.7 | 761.2 | 799.8 | 817.6 | 775.7 | 683.6 | 304.9 | 249.4 | 146.2 | 119.6 | 135.2 | 216.2 | 186.6 | 128.7 |
| Total Liabilities & Equity | 7,767.7 | 6,762.7 | 5,241.5 | 5,332.1 | 4,782.4 | 4,586.7 | 4,349.6 | 4,039.9 | 3,834.4 | 3,788.8 | 3,468.2 | 3,608.4 | 3,530.8 | 3,497.4 | 3,503.1 | 3,575.6 | 3,906.2 | 4,188.1 | 4,036.6 | 3,831.5 | 1,622.8 | 1,320.8 | 994.8 | 817.7 | 549.4 | 680.8 | 631.5 | 491.7 |
| Debt Metrics | ||||||||||||||||||||||||||||
| Total Debt | 1,568.0 | 1,305.4 | 376.7 | 379.4 | 382.1 | 382.8 | 281.1 | 288.5 | 290.2 | 268.6 | 242.1 | 242.7 | 214.6 | 219.6 | 207.6 | 135.2 | 146.3 | 133.8 | 136.2 | 188.4 | 75.5 | 0 | 0 | 0 | 163.8 | 143.1 | 143.3 | 160.8 |
| Net Debt | 1,366.8 | 186.9 | (0.7) | 13.2 | 137.9 | 93.5 | 2.3 | 63.9 | 94.8 | 87.0 | 68.6 | 66.6 | 87.4 | 91.0 | 67.5 | (8.4) | 39.9 | 17.5 | 0.3 | 13.4 | (143.1) | (179.9) | (185.0) | (156.9) | 73.1 | 53.2 | 27.2 | 120.2 |
| Metric | 2027 Q1 | 2026 Q4 | 2026 Q3 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||||||
| Net Income | (170.4) | 6.7 | (162.4) | (575.5) | (12.0) | 13.2 | (287.2) | 53.1 | 48.0 | 30.8 | (23.4) | 59.3 | 49.4 | 56.8 | (13.6) | (67.1) | (21.5) | 103.6 | 126.3 | 127.9 | 41.6 | 151.2 | 107.4 | 108.4 | (52.4) | 50.2 | 17.2 | 46.4 | 31.0 | 0.0 |
| Depreciation & Amortization | 11.4 | 11.4 | 11.4 | 11.5 | 11.4 | 11.4 | 11.4 | 11.4 | 11.3 | 11.4 | 12.2 | 12.0 | 12.0 | 12.1 | 12.1 | 11.7 | 11.5 | 11.7 | 11.7 | 2.4 | 1.2 | 1.3 | 1.4 | 1.4 | 1.4 | 1.6 | 1.9 | 1.9 | 1.7 | 1.6 |
| Stock-Based Compensation | 292.8 | 180.0 | 380.4 | 875.5 | 181.7 | 120.3 | 476.3 | 35.0 | 18.5 | 13.8 | 14.2 | 5.9 | 8.5 | 9.3 | 8.1 | 3.8 | 3.7 | 3.6 | 3.4 | 3.2 | 0 | 3.3 | 3.2 | 1.0 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0 |
| Change in Working Capital | 77.1 | (15.7) | (37.3) | 39.1 | 13.2 | (46.9) | 11.8 | 35.8 | (20.6) | (25.2) | (12.3) | 39.3 | 17.1 | (32.4) | (25.4) | 34.4 | (9.5) | (25.2) | (26.7) | 15.5 | 25.6 | (83.3) | 70.5 | 100.7 | 10.4 | 24.1 | (13.3) | 39.2 | 26.5 | (15.9) |
| Other Non-Cash Items | (625.9) | (179.3) | (123.1) | (221.6) | (133.9) | (147.1) | (124.6) | (83.1) | (8.2) | (30.2) | 44.5 | (52.6) | (34.4) | (52.4) | 30.3 | 115.7 | 76.1 | (57.4) | (82.1) | (73.0) | 8.3 | (50.8) | (153.7) | (157.5) | 69.1 | (78.2) | 14.9 | (67.6) | (33.3) | 19.9 |
| Operating Cash Flow | (457.5) | (23.2) | 27.2 | 16.2 | 46.3 | (66.5) | 27.6 | 53.7 | 50.2 | 7.6 | 25.2 | 71.1 | 57.6 | (0.5) | 6.0 | 88.2 | 57.5 | 32.3 | 46.5 | 59.8 | 76.7 | 29.0 | 37.4 | 53.9 | 28.9 | (1.9) | 21.2 | 20.3 | 26.4 | 5.5 |
| Investing Activities | ||||||||||||||||||||||||||||||
| Capital Expenditure | (0.5) | (0.8) | (0.4) | (0.3) | (1.1) | (2.7) | (0.6) | (1.3) | (0.6) | (0.9) | (4.1) | (6.8) | (7.8) | (2.5) | (1.1) | (1.7) | (0.3) | (0.5) | (0.3) | (0.1) | (1.2) | (0.3) | (0.3) | (0.4) | (0.3) | (0.7) | (0.0) | (0.0) | (0.1) | (0.4) |
| Acquisitions | 27.6 | (0.2) | (0.3) | (0.4) | (0.4) | (0.4) | (0.5) | (11.6) | (7.1) | (3.6) | (4.2) | (2.0) | (2.6) | (2.8) | (1.8) | (3.8) | (5.0) | (5.9) | (9.1) | (181.5) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 |
| Purchases of Investments | (11.3) | 5.7 | (69.9) | (12.0) | (17.7) | (11.6) | (21.1) | (14.2) | (11.7) | (29.7) | (4.2) | (6.6) | (5.1) | (4.5) | (4.8) | (6.5) | (5.9) | (6.5) | (7.2) | (4.8) | (6.1) | (3.7) | (4.5) | (4.2) | (1.7) | (2.3) | (8.7) | (18.4) | (10.8) | (16.1) |
| Sales/Maturities of Investments | 5.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 24.1 | 0 | 0 | 0 | 0 | 0 | 0 | 3.6 | 4.1 | 5.2 | 2.1 | 0.0 | 1.4 | 1.9 | 0.4 | 0.4 | 0 | 48.4 | 11.7 | 11.2 | 23.4 |
| Other Investing Activities | 0 | 817.0 | 3.4 | 2.9 | 7.4 | 7.8 | 19.6 | 6.2 | 6.2 | 1.1 | 1.7 | 2.6 | 0.9 | 2.3 | 1.6 | 2.3 | 0 | 0.0 | 0 | 0 | 0.0 | 0.0 | 0 | 0 | 0 | 0.7 | 1.2 | 2.6 | 1.0 | 0 |
| Investing Cash Flow | 21.4 | 821.7 | (67.3) | (9.8) | (11.8) | (6.8) | (2.6) | (20.9) | (13.2) | (9.1) | (10.9) | (12.9) | (14.5) | (7.4) | (6.1) | (9.7) | (7.6) | (8.8) | (11.5) | (184.3) | (7.2) | (2.6) | (2.8) | (4.1) | (1.6) | (2.2) | 40.9 | (4.2) | 1.3 | 6.9 |
| Financing Activities | ||||||||||||||||||||||||||||||
| Net Debt Issuance | 0 | 0 | (17.5) | 17.5 | 0 | 92.1 | 179.3 | 0 | 25 | 25 | 0 | 25 | 0 | 15 | 20 | 0 | 0 | 0 | (50) | 0 | 0 | 0 | 0 | (146.6) | (0.4) | (0.4) | (0.4) | (0.4) | (0.4) | (0.4) |
| Stock Repurchased | (19.2) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.6) | 0 | (0.0) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | (68.6) | (23.3) | (22.2) | (22.0) | (50.3) | (18.3) | (17.5) | (16.3) | (23.8) | (13.5) | (13.5) | (13.3) | (28.3) | (12.6) | (12.9) | (12.3) | (12.2) | (9.1) | (9.1) | (5.6) | 0 | (2.0) | 0 | 0 | (25.2) | 0 | 0 | 0 | (7.8) | (9.1) |
| Other Financing Activities | 106.9 | (36.5) | 91.4 | 118.0 | (22.4) | 9.3 | (136.1) | 2.9 | (31.2) | (5.8) | (0.3) | (20.6) | (15.7) | (5.7) | (8.9) | (29.8) | (48.5) | (34.2) | (14.4) | 83.3 | (29.5) | (30.8) | 4.3 | (171.7) | (1.1) | (21.5) | (7.2) | (11.9) | (2.4) | (1.5) |
| Financing Cash Flow | 19.1 | (57.8) | 51.8 | 115.6 | (72.2) | 84.9 | 26.2 | (0.7) | (22.9) | 9.3 | (13.8) | (9.5) | (44.0) | (3.4) | (1.8) | (42.1) | (60.7) | (43.4) | (73.5) | 77.6 | (30.6) | (32.8) | (5.3) | 19.4 | (26.6) | (21.8) | (7.6) | (12.2) | (10.5) | (11.0) |
| Cash Position | ||||||||||||||||||||||||||||||
| Net Change in Cash | (415.9) | 741.0 | 11.3 | 122.1 | (45.1) | 10.3 | 54.1 | 29.2 | 13.9 | 8.0 | (2.5) | 48.9 | (1.6) | (11.5) | (3.5) | 37.2 | (10.1) | (19.5) | (39.1) | (46.6) | 38.7 | (5.1) | 29.2 | 69.1 | 0.8 | (26.2) | 54.5 | 3.9 | 17.2 | 0 |
| Cash at Beginning | 1,119.0 | 378.0 | 366.7 | 244.7 | 289.8 | 279.5 | 225.4 | 196.2 | 182.3 | 174.3 | 176.8 | 127.9 | 129.5 | 141.0 | 144.5 | 107.3 | 117.4 | 136.9 | 176.0 | 222.6 | 183.9 | 189.0 | 159.8 | 90.7 | 89.9 | 116.1 | 61.6 | 57.8 | 40.6 | 0 |
| Cash at End | 703.1 | 1,119.0 | 378.0 | 366.7 | 244.7 | 289.8 | 279.5 | 225.4 | 196.2 | 182.3 | 174.3 | 176.8 | 127.9 | 129.5 | 141.0 | 144.5 | 107.3 | 117.4 | 136.9 | 176.0 | 222.6 | 183.9 | 189.0 | 159.8 | 90.7 | 89.9 | 116.1 | 61.6 | 57.8 | 40.6 |
| Free Cash Flow | (458.1) | (24.0) | 26.7 | 15.9 | 45.2 | (69.2) | 27.0 | 52.4 | 49.6 | 6.7 | 21.1 | 64.3 | 49.8 | (3.0) | 4.9 | 86.5 | 57.1 | 31.8 | 46.2 | 59.6 | 75.5 | 28.7 | 37.2 | 53.5 | 28.6 | (2.6) | 21.2 | 20.3 | 26.2 | 5.1 |
| Key Metrics | 2027 Q1 | 2026 Q4 | 2026 Q3 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||||||||||||||||
| Revenue | 378.9 | 588.6 | 586.5 | 454.2 | 364.3 | 377.7 | 339.0 | 271.7 | 186.4 | 356.8 | (14.6) | 191.4 | 178.0 | 172.4 | (4.2) | (158.5) | (77.2) | 364.7 | 410.5 | 281.8 | 308.6 | 359.1 | 247.2 | 242.9 | (61.4) | 143.9 | 71.2 | 131.9 | 99.6 | 46.1 | 70.2 |
| Gross Profit | 378.9 | 338.8 | 298.2 | 207.0 | 172.6 | 36.9 | (316.4) | 101.0 | 88.2 | 155.9 | 28.3 | 98.7 | 98.6 | 117.1 | 42.2 | (16.8) | 29.1 | 133.4 | 151.4 | 136.9 | 155.1 | 171.2 | 126.5 | 122.1 | (35.3) | 66.5 | 33.6 | 60.8 | 45.4 | 44.5 | 70.2 |
| Operating Income | (204.8) | (20.3) | (221.3) | (722.8) | (59.0) | (6.2) | (357.1) | 61.8 | 50.0 | 87.6 | (33.8) | 61.1 | 56.8 | 72.1 | (9.5) | (54.3) | (8.8) | 91.4 | 117.7 | 108.4 | 134.9 | 153.9 | 110.7 | 109.8 | (46.3) | 50.6 | 19.8 | 47.5 | 32.6 | 4.9 | 18.6 |
| Net Income | (115.8) | (7.8) | (123.5) | (366.1) | (38.4) | (18.5) | (192.0) | 17.6 | 13.3 | 30.8 | (20.2) | 26.2 | 21.3 | 28.8 | (6.9) | (29.2) | (11.0) | 41.8 | 48.3 | 62.1 | 41.6 | 37.8 | 25.6 | (0.8) | 0 | 131.9 | 0 | 46.4 | 28.5 | 0.0 | 12.7 |
| EPS (Diluted) | -1.41 | -0.10 | -1.55 | -4.66 | -0.49 | -0.24 | -2.61 | 0.26 | 0.20 | 0.48 | -0.32 | 0.41 | 0.34 | 0.46 | -0.11 | -0.48 | -0.18 | 0.73 | 0.83 | 1.45 | 1.06 | 1.29 | 0.87 | -0.03 | -2.12 | 4.96 | 0.65 | 1.74 | 1.07 | 0.00 | 0.43 |
| Balance Sheet | |||||||||||||||||||||||||||||||
| Cash & Equivalents | 201.2 | 1,118.4 | 377.5 | 366.2 | 244.1 | 289.3 | 278.8 | 224.6 | 195.4 | 181.6 | 173.6 | 176.1 | 127.2 | 128.6 | 140.1 | 143.6 | 106.4 | 116.4 | 135.9 | 175.0 | 218.6 | 179.9 | 185.0 | 156.9 | 90.7 | 89.9 | 116.1 | 40.6 | |||
| Total Assets | 7,767.7 | 6,762.7 | 5,241.5 | 5,332.1 | 4,782.4 | 4,586.7 | 4,349.6 | 4,039.9 | 3,834.4 | 3,788.8 | 3,468.2 | 3,608.4 | 3,530.8 | 3,497.4 | 3,503.1 | 3,575.6 | 3,906.2 | 4,188.1 | 4,036.6 | 3,831.5 | 1,622.8 | 1,320.8 | 994.8 | 817.7 | 549.4 | 680.8 | 631.5 | 491.7 | |||
| Total Debt | 1,568.0 | 1,305.4 | 376.7 | 379.4 | 382.1 | 382.8 | 281.1 | 288.5 | 290.2 | 268.6 | 242.1 | 242.7 | 214.6 | 219.6 | 207.6 | 135.2 | 146.3 | 133.8 | 136.2 | 188.4 | 75.5 | 0 | 0 | 0 | 163.8 | 143.1 | 143.3 | 160.8 | |||
| Stockholders' Equity | (539.2) | (413.6) | (378.8) | (233.5) | 153.9 | 179.4 | 209.8 | 397.5 | 366.9 | 324.5 | 761.8 | 794.7 | 766.0 | 771.6 | 751.7 | 761.2 | 799.8 | 817.6 | 775.7 | 683.6 | 304.9 | 249.4 | 146.2 | 119.6 | 135.2 | 216.2 | 186.6 | 128.7 | |||
| Cash Flow | |||||||||||||||||||||||||||||||
| Operating Cash Flow | (457.5) | (23.2) | 27.2 | 16.2 | 46.3 | (66.5) | 27.6 | 53.7 | 50.2 | 7.6 | 25.2 | 71.1 | 57.6 | (0.5) | 6.0 | 88.2 | 57.5 | 32.3 | 46.5 | 59.8 | 76.7 | 29.0 | 37.4 | 53.9 | 28.9 | (1.9) | 21.2 | 20.3 | 26.4 | 5.5 | |
| Capital Expenditure | (0.5) | (0.8) | (0.4) | (0.3) | (1.1) | (2.7) | (0.6) | (1.3) | (0.6) | (0.9) | (4.1) | (6.8) | (7.8) | (2.5) | (1.1) | (1.7) | (0.3) | (0.5) | (0.3) | (0.1) | (1.2) | (0.3) | (0.3) | (0.4) | (0.3) | (0.7) | (0.0) | (0.0) | (0.1) | (0.4) | |
| Free Cash Flow | (458.1) | (24.0) | 26.7 | 15.9 | 45.2 | (69.2) | 27.0 | 52.4 | 49.6 | 6.7 | 21.1 | 64.3 | 49.8 | (3.0) | 4.9 | 86.5 | 57.1 | 31.8 | 46.2 | 59.6 | 75.5 | 28.7 | 37.2 | 53.5 | 28.6 | (2.6) | 21.2 | 20.3 | 26.2 | 5.1 | |