Supernus Pharmaceuticals, Inc. logo SUPN - Supernus Pharmaceuticals, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 9
HOLD 5
SELL 0
STRONG
SELL
0
| PRICE TARGET: $60.00 DETAILS
HIGH: $65.00
LOW: $55.00
MEDIAN: $60.00
CONSENSUS: $60.00
UPSIDE: 24.46%
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 2010 Q4 2009 Q4
Revenue
Revenue 207.7 211.6 192.1 165.5 149.8 174.2 175.7 168.3 143.6 164.3 153.9 135.6 153.8 167.3 177.4 170.1 152.5 159.1 148.5 141.3 130.9 143.6 155.1 126.7 95.0 100.4 102.1 104.7 85.5 115.9 103.0 99.5 90.4 88.4 80.4 75.8 57.6 62.4 56.8 50.4 43.1 42.7 38.6 35.1 28.1 30.8 52.5 29.7 9.1 10.3 1.3 0.3 0.1 1.1 0.1 0.1 0.2 (9.8) 0.0 0.8 0 (8.6) (5.1)
Cost of Revenue 23.4 23.0 19.0 16.8 15.8 26.1 17.6 17.9 16.3 19.6 19.6 21.1 23.5 23.0 25.9 20.5 17.9 17.0 18.1 25.0 15.0 18.5 21.4 8.4 4.2 4.1 4.8 4.0 3.7 4.2 4.2 3.7 3.3 4.2 4.3 3.9 2.9 3.8 3.4 2.8 2.0 2.8 2.2 1.8 1.6 2.3 1.3 1.7 0.5 1.1 0.0 0.0 0 0 0 0 0 0 0 0 0 (13.4) (8.6)
Gross Profit 184.3 188.6 173.1 148.6 134.1 148.1 158.1 150.4 127.3 144.7 134.3 114.5 130.3 144.4 151.5 149.6 134.6 142.1 130.4 116.3 116.0 125.0 133.7 118.3 90.8 96.3 97.3 100.7 81.8 111.7 98.8 95.9 87.2 84.3 76.1 72.0 54.6 58.6 53.4 47.7 41.0 39.9 36.3 33.3 26.5 28.5 51.2 28.0 8.6 9.3 1.2 0.3 0.1 1.1 0.1 0.1 0.2 (9.8) 0.0 0.8 0 4.8 3.4
Operating Expenses
R&D Expenses 39.4 27.8 29.4 22.1 26.9 28.6 29.0 26.2 24.9 23.3 22.7 24.4 21.2 17.8 19.6 16.4 20.8 21.1 19.7 15.5 34.3 17.9 16.8 22.2 18.9 19.8 16.9 17.0 15.4 29.8 20.4 20.0 18.9 16.2 13.0 10.8 9.6 13.3 7.9 11.1 10.6 9.4 9.1 6.9 3.7 5.8 4.7 4.7 4.5 5.4 3.8 3.5 4.5 5.2 8.3 4.7 5.4 7.5 8.4 7.3 7.5 9.1 7.5
SG&A Expenses 125.2 122.4 179.7 93.6 89.9 79.4 69.8 85.9 86.5 81.3 82.7 86.8 85.6 74.0 112.3 100.5 90.5 101.7 72.0 69.5 61.5 56.3 54.5 48.1 41.6 35.7 39.3 39.8 41.0 42.0 40.9 40.1 36.8 33.8 40.8 35.1 28.2 29.1 25.7 26.1 25.2 23.6 22.9 23.3 19.4 18.0 17.3 19.6 17.5 15.2 14.6 12.2 13.5 8.7 4.1 4.6 2.7 2.8 1.5 1.9 1.7 1.7 1.1
Other Expenses 28.0 24.5 24.3 20.8 27.4 18.6 18.5 15.8 19.0 41.1 20.8 20.9 18.3 18.3 21.1 21.4 21.3 13.1 6.1 (2.8) 7.0 7.8 6.3 2.4 1.3 0 1.3 1.3 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 0.0 0.0 (0.0) 0.2 0.0 (0.1) 0 0 0.1 0 0 0 0.5 0
Operating Expenses 192.6 174.7 233.4 136.5 144.3 126.7 117.3 127.8 130.5 145.7 126.1 132.1 125.1 110.0 153.0 138.2 132.6 136.0 97.8 82.2 102.8 82.0 77.6 72.8 61.8 55.5 57.6 58.1 56.4 71.9 61.3 60.1 55.8 49.9 53.8 45.9 37.8 42.3 33.5 37.2 35.7 33.0 32.0 30.2 23.1 23.8 22 24.3 22.0 20.6 18.4 15.8 18.1 13.8 12.4 9.3 8.1 10.3 9.9 9.1 9.2 10.8 8.6
Operating Income
Operating Income (7.4) 13.8 (60.2) 12.1 (10.3) 21.4 40.8 22.6 (3.2) (1.0) 8.1 (17.6) 5.2 34.3 (1.5) 11.3 2.0 6.1 32.6 34.1 13.2 43.0 56.1 45.5 29.0 40.8 39.7 42.6 25.4 39.9 37.5 35.7 31.4 34.3 22.3 26.1 16.8 16.3 19.8 10.4 5.3 6.8 4.3 3.1 3.4 4.7 29.2 3.8 (13.4) (11.4) (17.2) (15.5) (17.9) (12.7) (12.3) (9.3) (7.9) (20.1) (9.9) (8.4) (9.2) (19.4) (13.7)
Interest Expense 0 0 0 0 0 0 0 0 0 0 0 0.9 1.5 1.6 1.7 1.8 1.9 5.9 5.9 5.5 6.1 6.1 6.1 5.8 5.8 5.9 5.7 5.4 5.9 5.6 5.6 5.5 1.4 0.2 0.2 0.2 1.0 1.0 1.2 0.2 0.2 0.2 0.3 0.3 0.4 1.2 1.3 1.3 1.2 2.1 2.9 2.1 0.7 0.8 0.9 0.9 1.0 (8.7) 0.5 0.5 0.4 0 (9.2)
Interest Income 2.4 2.0 2.3 4.5 4.4 5.0 4.1 3.7 3.4 2.0 1.8 1.4 5.3 2.4 2.8 1.8 14.7 1.9 2.3 2.6 3.8 5.7 2.7 4.2 5.8 6.0 5.6 5.4 4.7 4.5 4.5 3.7 1.2 0.9 0.8 0.7 0.5 0.4 0.4 0.4 0.3 0.2 0.2 0.2 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.0 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9.3 0.0
Profitability
EBITDA 18.7 26.7 (35.4) 33.5 17.8 45.2 65.0 38.9 16.5 22.7 31.7 4.5 31.1 57.6 23.1 34.7 38.0 20.7 41.6 43.3 23.6 51.3 66.6 56.1 36.5 48.4 41.4 49.7 31.8 55.5 39.4 37.5 33.1 36.0 26.7 27.4 17.5 17.0 20.4 12.3 6.9 8.2 5.3 4.1 4.2 5.4 (0.5) 4.0 (14.1) (11.1) (21.0) (25.0) (17.7) (12.5) (12.3) (8.9) (7.9) (19.8) (9.7) (8.2) (9.1) (19.1) (13.4)
EBIT (7.4) 1.7 (60.2) 12.1 (2.6) 26.4 44.9 18.2 (4.2) 1.0 9.9 (16.2) 10.5 36.7 1.3 13.1 16.7 8.0 34.9 36.7 17.0 45.8 58.8 53.0 34.8 46.8 45.3 48.1 30.1 53.9 37.5 35.7 31.4 35.2 22.3 26.6 16.8 16.5 20.3 12.1 6.5 7.3 5.3 3.8 2.0 5.5 (0.8) 4.5 (14.3) (20.3) (21.2) (25.2) (17.7) (13.3) (12.6) (9.1) (8.3) (20.0) (9.9) (8.4) (9.4) (19.4) (13.7)
Income Before Tax (6.0) (1.9) (58.0) 16.7 (5.8) 26.4 44.9 26.3 0.2 1.0 9.9 (17.1) 9.0 35.1 (0.4) 11.3 14.7 2.1 29.0 31.2 10.9 39.7 52.7 47.2 29.0 40.9 39.6 42.7 24.2 38.8 36.4 33.9 31.2 35.1 22.9 26.4 16.2 15.6 19.1 10.7 5.2 7.0 4.3 2.7 1.0 4.4 27.9 3.2 (15.5) (22.4) (24.1) (27.4) (18.4) (13.5) (13.5) (10.3) (9.3) (11.3) (9.7) (8.5) (9.7) (9.6) (4.5)
Income Tax Expense (3.7) 2.2 (12.8) (5.8) 6.0 11.1 6.4 6.4 0.1 (0.2) 25.9 (16.3) (7.9) 9.7 (2.2) 3.5 (10.9) (0.4) 7.4 7.5 5.2 8.9 12.7 12.5 7.5 7.8 10.7 10.0 5.9 12.9 8.4 3.1 4.8 21.4 6.9 9.1 5.9 1.2 (42.7) 0.7 0.2 0.2 0.1 0.7 0.1 1.0 1.3 0 0 0 0 0 0 1.1 0 0.5 0 (104.1) (0.2) (1.0) 0 (10.4) 0
Net Income (2.3) (4.1) (45.1) 22.5 (11.8) 15.3 38.5 19.9 0.1 1.2 (16.0) (0.8) 16.9 25.5 1.7 7.9 25.6 2.4 21.6 23.7 5.7 30.8 40.0 34.7 21.5 33.1 28.9 32.7 18.3 25.9 28.0 30.7 26.4 13.7 16.0 17.4 10.3 14.3 61.8 10.3 4.8 6.9 3.9 2.4 0.7 4.4 27.9 3.2 (15.5) (22.4) (24.1) (27.4) (18.4) (13.5) (13.5) (10.0) (9.3) 82.0 (9.7) (7.4) (11.0) (8.6) (8.2)
Per Share Data
EPS (Basic) -0.04 -0.07 -0.80 0.40 -0.21 0.28 0.70 0.36 0.00 0.02 -0.29 -0.02 0.31 0.47 0.03 0.15 0.48 0.05 0.41 0.45 0.11 0.58 0.76 0.66 0.41 0.63 0.55 0.62 0.35 0.50 0.54 0.59 0.51 0.27 0.31 0.34 0.21 0.29 1.25 0.20 0.10 0.14 0.08 0.05 0.02 0.10 0.65 0.08 -0.38 -0.65 -0.78 -0.89 -0.60 -0.51 -0.55 -0.60 -0.39 5.92 -0.70 -0.53 -0.80 -0.62 -0.59
EPS (Diluted) -0.04 -0.07 -0.80 0.40 -0.21 0.27 0.69 0.36 0.00 0.02 -0.29 -0.02 0.29 0.43 0.03 0.14 0.43 0.04 0.40 0.43 0.11 0.57 0.74 0.65 0.40 0.62 0.54 0.61 0.34 0.48 0.52 0.57 0.49 0.26 0.29 0.32 0.19 0.26 1.18 0.18 0.08 0.14 0.08 0.04 0.02 0.10 0.65 0.08 -0.38 -0.65 -0.78 -0.89 -0.60 -0.51 -0.55 -0.60 -0.39 5.92 -0.70 -0.53 -0.80 -0.62 -0.59
Shares Outstanding 57.6 57.3 56.4 56.0 55.9 55.5 55.1 55.0 54.8 54.6 54.6 54.5 54.4 54.1 53.8 53.4 53.3 53.2 53.2 53.0 52.9 52.7 52.7 52.6 52.5 52.5 52.5 52.4 52.3 52.3 52.2 51.9 51.5 51.3 51.0 50.5 50.2 49.7 49.5 49.4 49.2 48.9 48.5 47.9 44.6 42.9 42.9 42.1 40.9 34.5 30.9 30.7 30.9 26.6 24.5 16.8 23.9 13.9 13.9 13.9 13.9 13.9 13.9
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 2009 Q4
Current Assets
Cash & Cash Equivalents 184.9 128.4 151.4 144.7 115.8 69.3 31.7 52.1 63.4 75.1 95.0 24.7 58.4 93.1 111.5 173.4 115.7 203.4 215.3 223.8 255.6 288.6 204.3 211.0 225.8 181.4 116.9 87.3 122.8 192.2 123.8 35.2 444.1 100.3 81.9 93.0 59.6 90.1 54.3 60.2 45.3 31.4
Short-Term Investments 199.4 180.2 129.8 377.9 347.7 384.3 371.5 295.1 234.3 179.8 105.2 127.0 170.1 368.2 280.3 187.4 196.5 136.2 228.6 186.1 135.5 133.9 147.7 163.8 175.1 165.7 179.8 171.2 170.2 163.8 156.4 139.2 45.6 39.7 32.6 0 27.5 0 26.0 0 0 35.1
Net Receivables 182.2 187.8 171.3 140.8 145.6 142.1 145.4 152.5 147.7 144.2 141.8 136.6 143.6 165.5 164.1 158.1 145.1 148.9 133.7 137.3 127.1 140.9 133.1 126.6 119.2 87.3 86.7 84.6 80.0 102.9 77.8 74.8 67.9 65.6 56.2 51.2 38.9 41.5 36.2 34.3 30.7 3.7
Inventory 87.1 82.4 79.4 44.0 49.4 54.3 64.0 68.2 75.1 77.4 83.5 90.6 91.1 91.5 83.2 84.9 88.8 86.0 60.2 58.4 50.2 48.3 42.5 35.3 24.4 26.6 25.5 26.0 26.5 25.7 23.3 20.7 19.1 16.3 14.9 16.6 19.2 16.8 17.5 16.4 13.0 2.3
Other Current Assets 78.1 65.3 0 31.4 28.9 36.1 27.4 23.2 23.8 16.7 23.9 44.8 420.1 15.8 0 0 0 0 0 0 0 0 0 0 0 0 18.2 21.8 20.6 8.9 9.3 14.6 6.6 6.5 5.7 4.7 4.6 3.0 4.2 0 0 2.3
Total Current Assets 731.6 644.2 593.9 738.9 687.6 686.1 640.0 591.0 544.3 493.1 449.4 423.5 883.3 734.2 663.9 625.1 568.5 601.6 668.4 639.2 586.0 630.4 552.0 557.2 557.0 472.6 427.1 390.9 420.0 493.5 390.6 284.5 583.2 228.5 191.3 165.5 149.8 151.4 138.2 114.1 94.0 72.9
Non-Current Assets
Property, Plant & Equipment 36.4 10.5 10.6 11.1 11.3 11.5 11.9 12.3 13.0 13.5 13.7 14.2 14.6 15.2 15.9 16.3 17.2 17.0 16.5 17.1 38.0 37.8 60.1 61.7 39.9 17.1 28.8 23.7 24.3 4.1 6.9 4.9 5.0 5.1 4.7 4.6 4.3 4.3 4.3 4.2 3.9 1.9
Goodwill 120.7 124.9 119.1 117.0 117.0 117.0 117.0 117.0 117.0 117.0 117.0 117.0 117.0 117.0 117.4 115.4 115.4 117.5 78.0 78.0 77.9 77.9 89.1 88.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 549.7 569.5 623.5 481.3 502.1 521.9 540.2 559.6 579.8 599.9 641.1 662.4 682.5 702.5 722.8 743.4 764.0 784.7 346.6 352.6 358.7 364.3 402.3 408.3 23.6 24.8 26.1 28.8 30.1 31.4 32.6 33.8 34.9 36.0 37.2 29.0 29.4 16.5 15.5 15.3 16.1 1.4
Long-Term Investments 1.4 0 0 0 0 0 0 0 11.7 16.6 25.1 37.5 54.2 93.9 131.9 147.4 125.3 119.2 405.5 445.5 416.6 350.4 388.2 358.7 534.7 591.8 596.4 593.8 522.6 418.8 460.3 503.3 175.1 133.6 123.1 104.6 89.2 75.4 67.0 67.8 68.8 0
Other Non-Current Assets 30.1 65.2 72.7 28.0 29.2 31.5 33.6 35.9 38.4 37.5 38.8 38.5 40.2 39.8 41.3 47.3 49.0 49.2 40.1 40.7 30.3 43.2 18.3 17.1 0.5 21.9 0.6 0.6 0.6 0.4 0.8 0.8 0.7 0.4 0.4 12.2 11.7 20.2 17.8 0.3 0.3 3.8
Total Non-Current Assets 769.1 808.5 825.9 643.5 659.7 682.0 702.7 724.8 759.8 784.6 835.8 869.6 908.5 968.4 1,029.2 1,069.9 1,071.0 1,087.6 886.7 933.8 921.4 873.7 958.0 933.9 632.8 687.6 679.8 672.8 605.5 484.3 532.0 568.3 241.9 196.0 194.1 180.9 172.5 158.2 146.9 104.5 100.5 7.0
Total Assets 1,500.7 1,452.6 1,419.8 1,382.4 1,347.3 1,368.1 1,342.7 1,315.8 1,304.1 1,277.7 1,285.2 1,293.1 1,791.8 1,702.5 1,693.1 1,695.0 1,639.5 1,689.2 1,555.0 1,573.1 1,507.4 1,504.1 1,510.0 1,491.0 1,189.9 1,160.3 1,106.9 1,063.7 1,025.4 977.8 922.5 852.8 825.2 424.5 385.5 346.4 322.3 309.6 285.1 218.6 194.5 79.9
Current Liabilities
Account Payables 10.2 2.7 108.6 8.2 7.1 4.6 6.4 4.6 14.4 2.0 3.4 4.4 11.5 10.5 16.0 35.5 12.3 9.3 9.1 7.2 6.0 6.1 11.2 5.5 3.1 10.1 3.1 4.1 7.2 3.2 9.8 2.9 3.3 6.8 6.3 7.6 5.1 8.1 2.7 2.2 2.6 6.2
Short-Term Debt 10.6 0 0 0 0 0 0 0 0 0 0 0 480.9 402.0 401.4 400.9 0 0 0 0 0 0 0 0 0 0 3.0 2.7 2.4 2.2 1.9 1.7 1.4 4.3 5.3 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 0 140.5 133.9 138.8 (2.2) (1.9) (1.7) (1.4) 0.3 0.3 0.3 0.3 0.2 0.2 0.2 0.2 0
Other Current Liabilities 328.9 98.7 222.0 48.2 52.3 68.6 66.9 68.0 77.4 77.1 65.6 36.4 21.9 54.9 72.5 70.4 69.5 93.0 43.8 42.8 55.1 56.0 102.7 40.0 13.2 14.5 26.1 24.2 39.3 23.0 86.0 70.0 73.0 17.0 72.8 66.1 67.0 63.3 60.4 6.5 5.5 1.3
Total Current Liabilities 373.9 338.2 330.6 286.4 281.8 292.4 291.5 308.7 314.6 290.2 287.5 252.6 731.5 688.0 726.0 735.5 284.6 315.4 234.7 283.4 240.8 245.1 299.6 269.3 168.3 160.6 149.7 144.0 151.7 161.4 138.3 103.9 119.1 123 105.0 85.5 82.0 80.7 71.6 65.6 54.1 10.0
Non-Current Liabilities
Long-Term Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 400.4 379.3 374.8 370.4 366.0 361.8 357.5 353.3 349.2 345.2 341.2 337.2 333.3 329.5 325.7 321.9 318.2 22.3 22.7 1.5 3.3 4.2 5.8 5.7 5.6 75
Deferred Tax Liabilities 0 0 0 0 1.0 5.0 7.4 11.4 19.5 25.0 35.2 44.3 49.7 49.8 58.2 59.3 62.8 85.4 34.1 33.0 31.7 35.2 37.9 35.7 0 0 0 0 0 0 0 0 0 (22.3) (22.7) 0 0.0 0.1 0.3 0.4 0.5 0
Other Non-Current Liabilities 19.7 22.4 8.0 7.8 7.5 7.6 7.8 8.0 7.9 7.8 16.4 42.1 61.9 42.5 20.2 21.6 23.4 52.0 63.7 64.5 67.4 68.4 57.3 118.2 28.1 28.7 31.5 32.1 32.6 34.0 36.6 36.5 36.0 10.6 4.9 28.7 29.5 31.4 32.8 4.7 4.9 1.0
Total Non-Current Liabilities 50.0 52.8 39.5 32.1 34.8 39.9 44.0 49.7 60.4 66.0 85.4 120.6 148.1 128.3 114.3 118.0 526.5 557.9 509.9 504.0 512.2 514.1 501.5 555.8 408.1 404.3 399.9 396.8 393.7 363.4 362.2 358.4 354.2 34.0 28.9 31.4 34.2 37.1 40.1 12.0 12.2 76.0
Total Liabilities 423.9 390.9 370.1 318.5 316.6 332.3 335.6 358.4 374.9 356.2 373.0 373.2 879.7 816.3 840.3 853.5 811.1 873.3 744.6 787.5 753.0 759.2 801.1 825.0 576.5 564.9 549.7 540.8 545.4 524.8 500.6 462.3 473.3 157.0 133.8 117.0 116.2 117.8 111.7 77.6 66.3 86.1
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 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
Retained Earnings 515.6 517.9 522.0 567.1 544.6 556.4 541.1 502.6 482.7 482.6 481.4 497.4 498.2 481.2 455.8 454.0 446.1 379.9 377.5 355.9 332.2 326.5 295.7 255.7 221.1 199.5 166.4 137.6 104.8 86.5 60.6 32.6 1.9 (26.8) (40.5) (56.4) (73.8) (84.3) (98.6) (129.6) (139.7) (55.3)
Accumulated Other Comprehensive Income (0.3) (0.0) (0.1) (0.2) (0.2) (0.2) 0.1 (0.4) (0.5) (0.6) (1.2) (1.8) (2.3) (3.2) (4.0) (2.2) (0.8) 1.5 4.2 5.4 6.2 9.0 9.7 11.4 (0.2) 7.4 7.3 5.9 1.4 (3.2) (4.1) (4.1) (2.3) (0.7) 0.3 0.2 0.0 (0.1) 0.1 0.5 0.2 0.0
Total Stockholders' Equity 1,076.8 1,061.7 1,049.7 1,063.9 1,030.7 1,035.7 1,007.1 957.5 929.2 921.5 912.2 919.9 912.1 886.2 852.8 841.4 828.4 815.9 810.5 785.6 754.4 744.9 708.9 666.0 613.4 595.4 557.3 522.9 480.0 453.0 421.9 390.5 351.9 267.5 251.7 229.4 206.1 191.8 173.4 141.0 128.1 (6.2)
Total Liabilities & Equity 1,500.7 1,452.6 1,419.8 1,382.4 1,347.3 1,368.1 1,342.7 1,315.8 1,304.1 1,277.7 1,285.2 1,293.1 1,791.8 1,702.5 1,693.1 1,695.0 1,639.5 1,689.2 1,555.0 1,573.1 1,507.4 1,504.1 1,510.0 1,491.0 1,189.9 1,160.3 1,106.9 1,063.7 1,025.4 977.8 922.5 852.8 825.2 424.5 385.5 346.4 322.3 309.6 285.1 218.6 194.5 79.9
Debt Metrics
Total Debt 40.9 41.0 31.4 31.8 32.3 34.3 38.2 40.0 42.1 41.5 42.3 42.2 525.0 444.8 444.2 445.0 446.4 427.0 418.0 412.4 417.3 414.3 413.7 409.6 383.5 378.4 368.4 364.7 361.1 329.5 325.7 321.9 318.2 26.5 28.0 1.5 3.3 4.2 5.8 5.7 5.6 75
Net Debt (144.0) (87.5) (119.9) (112.9) (83.5) (35.1) 6.5 (12.1) (21.3) (33.5) (52.7) 17.5 466.5 351.6 332.7 271.6 330.7 223.6 202.7 188.7 161.7 125.7 209.4 198.6 157.7 197.1 251.5 277.4 238.4 137.2 201.8 286.7 (125.9) (73.8) (54.0) (91.5) (56.3) (86.0) (48.5) (54.5) (39.6) 43.6
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 (2.3) (38.5) (45.1) 22.5 (11.8) 15.3 38.5 19.9 0.1 1.2 (16.0) (0.8) 16.9 25.5 1.7 7.9 25.6 2.4 21.6 23.7 5.7 30.8 40.0 34.7 21.5 33.1 28.9 32.7 18.3 25.9 28.0 30.7 26.4 13.7 16.0 17.4 10.3 14.3 61.9 10.0 5.0
Depreciation & Amortization 25.9 92.2 24.8 21.4 20.4 18.8 20.1 20.7 20.7 21.7 21.9 20.7 20.6 20.8 21.8 21.6 21.4 12.7 6.7 6.6 6.6 5.5 7.6 3.0 1.7 1.6 0.4 2.0 2.6 1.7 1.9 1.8 1.7 1.7 4.4 1.3 0.7 0.7 0.6 0.7 0.4
Stock-Based Compensation 8.5 33.1 7.8 7.5 8.1 7.6 7.7 6.6 5.9 6.4 7.9 6.1 6.3 4.3 5.0 4.3 4.0 4.0 4.0 5.5 4.4 3.1 4.5 5.0 4.0 3.6 3.9 4.0 3.3 3.0 2.6 3.1 2.6 2.0 2.4 2.3 1.8 1.5 1.5 1.6 1.4
Change in Working Capital 21.8 (51.4) (49.2) 11.5 13.9 (5.1) (7.9) (2.9) 13.9 2.0 29.7 (46.2) 5.4 (17.1) (24.5) 39.0 (21.7) 28.8 (44.6) 14.5 4.9 (14.5) (49.1) 51.1 (23.3) 6.2 2.1 (13.6) 5.9 (3.3) 32.4 (31.2) (2.5) 12.7 15.8 (1.5) (3.3) 7.9 6.5 4.3 (10.4)
Other Non-Cash Items 6.7 (20.7) 2.7 2.8 4.1 7.8 1.6 (0.5) 3.2 24.1 1.7 6.9 0.3 1.8 12.3 1.4 (12.0) 5.3 6.6 (4.5) 17.2 6.2 (0.1) 1.8 4.4 3.4 4.9 2.9 2.6 3.5 3.4 1.5 0.1 (1.6) (1.1) (0.9) (0.5) (0.0) 0.2 0.2 0.2
Operating Cash Flow 66.5 19.9 (61.7) 58.5 30.6 44.4 53.5 35.6 38.4 45.0 35.9 (18.9) 49.1 27.6 13.8 71.1 4.3 48.8 (4.1) 46.3 36.2 31.9 5.6 92.0 8.9 43.8 37.7 28.7 33.0 32.8 62.4 6.6 27.1 36.3 39.0 25.9 13.4 24.9 28.2 16.8 (3.1)
Investing Activities
Capital Expenditure 0 (0.4) (0.1) (0.5) (0.3) (0.2) (0.2) (0.1) (0.2) 0.0 (0.1) (0.2) (0.3) 0.9 (0.1) 0.6 (0.9) (0.0) (0.0) 0 (1.5) (0.2) (0.2) (0.5) (2.5) (2.0) (0.5) (0.0) (0.2) (0.1) (0.2) (0.3) (0.3) (0.8) (0.4) (0.6) (0.3) (0.3) (0.4) (0.6) (0.3)
Acquisitions 0 (293.1) 0 0 0 0 0 0 0 0 0 0 0 0 82.1 0 0 (310.7) 0 0 0 (1.3) 0 0 0 0 0 0 0 (491.7) 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments (78.4) (475.9) (126.6) (140.6) (118.6) (145.4) (224.9) (124.0) (193.7) (101.6) 0 0 0 (66.3) (134.2) (108.4) (98.1) (3.9) (74.4) (114.2) (119.1) (8) (72.5) 0 (15.4) (48.6) (96.2) (114.8) (150.2) 491.7 0.0 (433.9) (57.8) (23.0) (30.5) (26.3) (22.2) (16.2) (7.5) (5.7) (18.0)
Sales/Maturities of Investments 59.2 774.9 468.6 110.4 156.2 133.0 148.1 75.5 142.3 35.6 34.8 60.5 240.1 17.6 52.1 92.2 28.9 378.0 68.7 34.3 49.6 59.0 61.5 204.6 53.4 68.7 88.3 49.0 47.1 34.6 25.8 12.1 7.3 5.6 10.6 7.3 5.1 9.4 6.7 8.3 7.4
Other Investing Activities 0.0 (55.9) (293.1) 0 0 0 0.0 0 0 0 0 0 0 (0.9) (82.1) 0 0 12.9 0 (0.9) (0.5) (0.1) (0.1) (312.2) 0 1.4 (7.9) (65.7) (0.0) (0.1) (0.3) (0.1) (0.3) (1.0) (0.9) (5.8) (3.4) (6.6) (8.5) (3.3) (0.4)
Investing Cash Flow (19.2) (51.3) 48.7 (30.6) 37.3 (12.6) (77.0) (48.6) (51.6) (66.0) 34.6 60.3 239.8 (48.8) (82.2) (15.7) (70.0) 76.1 (5.7) (80.9) (71.4) 49.3 (11.3) (108.2) 35.4 19.4 (8.4) (65.8) (103.2) 34.3 25.3 (422.1) (51.0) (19.1) (21.2) (25.4) (20.8) (13.6) (9.7) (1.3) (11.3)
Financing Activities
Net Debt Issuance 0 0 0 0 0 0 0 0 0 0 0 (480.9) 78.4 0 0 0 0 (138.3) 0 0 0 0.3 0 0 0 0 0 0 0 0 0 0 299.2 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 (4.6) (0.0) (2.7) (2.3) (23.4) (1.0) (0.4) (0.0) (1.3) (2.0) (1.0) (0.6) (0.4) 0 0 0 (22.9) 0 0.8 0 0 0 (1.1) 0 0 0 0 0 0 0 0 0 65.7 0 0 0 0 0 0 0 0
Financing Cash Flow 9.1 8.5 21.1 0.9 (21.4) 5.9 3.1 1.7 1.6 1.1 (0.2) (478.9) 80.2 2.8 6.5 2.3 (22.0) (136.7) 1.3 2.7 2.2 3.1 (1.0) 1.4 0.0 1.3 0.2 1.6 0.8 1.3 0.8 6.6 367.7 1.2 2.3 1.6 0.6 0.8 0.3 0.9 0.1
Cash Position
Net Change in Cash 56.4 (22.9) 8.1 28.9 46.5 37.7 (20.4) (11.3) (11.7) (19.9) 70.3 (437.5) 369.1 (18.4) (61.9) 57.7 (87.7) (11.8) (8.5) (31.9) (33.0) 84.3 (6.7) (14.8) 44.4 64.5 29.5 (35.4) (69.5) 68.4 88.6 (408.9) 343.8 18.4 20.2 2.1 (6.8) 12.1 18.1 16.3 (14.3)
Cash at Beginning 129.9 152.8 144.7 115.8 69.3 31.7 52.1 63.4 75.1 95.0 24.7 462.2 93.1 111.5 173.4 115.7 203.4 215.3 223.8 255.6 288.6 204.3 211.0 225.8 181.4 116.9 87.3 122.8 192.2 123.8 35.2 444.1 100.3 81.9 61.7 59.6 66.4 54.3 36.2 19.8 34.2
Cash at End 186.3 129.9 152.8 144.7 115.8 69.3 31.7 52.1 63.4 75.1 95.0 24.7 462.2 93.1 111.5 173.4 115.7 203.4 215.3 223.8 255.6 288.6 204.3 211.0 225.8 181.4 116.9 87.3 122.8 192.2 123.8 35.2 444.1 100.3 81.9 61.7 59.6 66.4 54.3 36.2 19.8
Free Cash Flow 66.5 19.4 (61.8) 58.1 30.3 44.2 53.3 35.6 38.2 45.0 35.7 (19.0) 48.8 28.4 13.7 71.7 3.5 48.7 (4.2) 46.3 34.7 31.7 5.4 91.4 6.4 41.8 37.2 28.7 32.8 32.8 62.3 6.3 26.9 35.6 38.6 25.4 13.1 24.6 27.8 16.2 (3.4)
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 2010 Q4 2009 Q4
Income Statement
Revenue 207.7 211.6 192.1 165.5 149.8 174.2 175.7 168.3 143.6 164.3 153.9 135.6 153.8 167.3 177.4 170.1 152.5 159.1 148.5 141.3 130.9 143.6 155.1 126.7 95.0 100.4 102.1 104.7 85.5 115.9 103.0 99.5 90.4 88.4 80.4 75.8 57.6 62.4 56.8 50.4 43.1 42.7 38.6 35.1 28.1 30.8 52.5 29.7 9.1 10.3 1.3 0.3 0.1 1.1 0.1 0.1 0.2 (9.8) 0.0 0.8 0 (8.6) (5.1)
Gross Profit 184.3 188.6 173.1 148.6 134.1 148.1 158.1 150.4 127.3 144.7 134.3 114.5 130.3 144.4 151.5 149.6 134.6 142.1 130.4 116.3 116.0 125.0 133.7 118.3 90.8 96.3 97.3 100.7 81.8 111.7 98.8 95.9 87.2 84.3 76.1 72.0 54.6 58.6 53.4 47.7 41.0 39.9 36.3 33.3 26.5 28.5 51.2 28.0 8.6 9.3 1.2 0.3 0.1 1.1 0.1 0.1 0.2 (9.8) 0.0 0.8 0 4.8 3.4
Operating Income (7.4) 13.8 (60.2) 12.1 (10.3) 21.4 40.8 22.6 (3.2) (1.0) 8.1 (17.6) 5.2 34.3 (1.5) 11.3 2.0 6.1 32.6 34.1 13.2 43.0 56.1 45.5 29.0 40.8 39.7 42.6 25.4 39.9 37.5 35.7 31.4 34.3 22.3 26.1 16.8 16.3 19.8 10.4 5.3 6.8 4.3 3.1 3.4 4.7 29.2 3.8 (13.4) (11.4) (17.2) (15.5) (17.9) (12.7) (12.3) (9.3) (7.9) (20.1) (9.9) (8.4) (9.2) (19.4) (13.7)
Net Income (2.3) (4.1) (45.1) 22.5 (11.8) 15.3 38.5 19.9 0.1 1.2 (16.0) (0.8) 16.9 25.5 1.7 7.9 25.6 2.4 21.6 23.7 5.7 30.8 40.0 34.7 21.5 33.1 28.9 32.7 18.3 25.9 28.0 30.7 26.4 13.7 16.0 17.4 10.3 14.3 61.8 10.3 4.8 6.9 3.9 2.4 0.7 4.4 27.9 3.2 (15.5) (22.4) (24.1) (27.4) (18.4) (13.5) (13.5) (10.0) (9.3) 82.0 (9.7) (7.4) (11.0) (8.6) (8.2)
EPS (Diluted) -0.04 -0.07 -0.80 0.40 -0.21 0.27 0.69 0.36 0.00 0.02 -0.29 -0.02 0.29 0.43 0.03 0.14 0.43 0.04 0.40 0.43 0.11 0.57 0.74 0.65 0.40 0.62 0.54 0.61 0.34 0.48 0.52 0.57 0.49 0.26 0.29 0.32 0.19 0.26 1.18 0.18 0.08 0.14 0.08 0.04 0.02 0.10 0.65 0.08 -0.38 -0.65 -0.78 -0.89 -0.60 -0.51 -0.55 -0.60 -0.39 5.92 -0.70 -0.53 -0.80 -0.62 -0.59
Balance Sheet
Cash & Equivalents 184.9 128.4 151.4 144.7 115.8 69.3 31.7 52.1 63.4 75.1 95.0 24.7 58.4 93.1 111.5 173.4 115.7 203.4 215.3 223.8 255.6 288.6 204.3 211.0 225.8 181.4 116.9 87.3 122.8 192.2 123.8 35.2 444.1 100.3 81.9 93.0 59.6 90.1 54.3 60.2 45.3 31.4
Total Assets 1,500.7 1,452.6 1,419.8 1,382.4 1,347.3 1,368.1 1,342.7 1,315.8 1,304.1 1,277.7 1,285.2 1,293.1 1,791.8 1,702.5 1,693.1 1,695.0 1,639.5 1,689.2 1,555.0 1,573.1 1,507.4 1,504.1 1,510.0 1,491.0 1,189.9 1,160.3 1,106.9 1,063.7 1,025.4 977.8 922.5 852.8 825.2 424.5 385.5 346.4 322.3 309.6 285.1 218.6 194.5 79.9
Total Debt 40.9 41.0 31.4 31.8 32.3 34.3 38.2 40.0 42.1 41.5 42.3 42.2 525.0 444.8 444.2 445.0 446.4 427.0 418.0 412.4 417.3 414.3 413.7 409.6 383.5 378.4 368.4 364.7 361.1 329.5 325.7 321.9 318.2 26.5 28.0 1.5 3.3 4.2 5.8 5.7 5.6 75
Stockholders' Equity 1,076.8 1,061.7 1,049.7 1,063.9 1,030.7 1,035.7 1,007.1 957.5 929.2 921.5 912.2 919.9 912.1 886.2 852.8 841.4 828.4 815.9 810.5 785.6 754.4 744.9 708.9 666.0 613.4 595.4 557.3 522.9 480.0 453.0 421.9 390.5 351.9 267.5 251.7 229.4 206.1 191.8 173.4 141.0 128.1 (6.2)
Cash Flow
Operating Cash Flow 66.5 19.9 (61.7) 58.5 30.6 44.4 53.5 35.6 38.4 45.0 35.9 (18.9) 49.1 27.6 13.8 71.1 4.3 48.8 (4.1) 46.3 36.2 31.9 5.6 92.0 8.9 43.8 37.7 28.7 33.0 32.8 62.4 6.6 27.1 36.3 39.0 25.9 13.4 24.9 28.2 16.8 (3.1)
Capital Expenditure 0 (0.4) (0.1) (0.5) (0.3) (0.2) (0.2) (0.1) (0.2) 0.0 (0.1) (0.2) (0.3) 0.9 (0.1) 0.6 (0.9) (0.0) (0.0) 0 (1.5) (0.2) (0.2) (0.5) (2.5) (2.0) (0.5) (0.0) (0.2) (0.1) (0.2) (0.3) (0.3) (0.8) (0.4) (0.6) (0.3) (0.3) (0.4) (0.6) (0.3)
Free Cash Flow 66.5 19.4 (61.8) 58.1 30.3 44.2 53.3 35.6 38.2 45.0 35.7 (19.0) 48.8 28.4 13.7 71.7 3.5 48.7 (4.2) 46.3 34.7 31.7 5.4 91.4 6.4 41.8 37.2 28.7 32.8 32.8 62.3 6.3 26.9 35.6 38.6 25.4 13.1 24.6 27.8 16.2 (3.4)