Travere Therapeutics, Inc. logo TVTX - Travere Therapeutics, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 15
HOLD 3
SELL 0
STRONG
SELL
0
| PRICE TARGET: $51.50 DETAILS
HIGH: $54.00
LOW: $49.00
MEDIAN: $51.50
CONSENSUS: $51.50
UPSIDE: 15.91%
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 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2008 Q4 2008 Q3 2008 Q2
Revenue
Revenue 127.2 129.7 164.9 114.4 81.7 74.8 62.9 54.1 41.4 45.1 37.1 32.2 57.0 55.9 28.1 54.2 48.5 57.2 68.2 54.6 47.4 51.0 51.1 48.4 47.8 46.7 44.4 44.7 39.6 43.8 40.7 41.3 38.4 42.2 40.3 38.8 33.6 37.3 33.9 33.3 29.0 30.4 28.0 24.1 17.4 14.1 8.3 5.7 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
Cost of Revenue 26.8 2.6 1.6 1.5 4.7 2.6 1.6 12.4 1.5 16.4 1.3 1.5 5.1 1.7 7.3 2.1 2.1 1.9 1.6 1.7 1.6 2.1 1.2 1.5 1.4 7.0 1.5 1.0 1.0 1.6 1.1 1.2 1.6 1.2 0.9 0.8 0.7 1.2 1.6 1.0 0.8 0.8 0.5 0.6 0.3 0.3 0.2 1.2 0.0 0.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Gross Profit 100.4 127.1 163.3 112.9 77.1 72.2 61.3 41.7 39.9 28.6 35.8 30.7 51.9 54.1 20.8 52.1 46.3 55.4 66.6 53.0 45.8 48.9 50.0 46.9 46.4 39.7 42.9 43.7 38.6 42.2 39.6 40.2 36.8 41.0 39.4 38.0 32.9 36.1 32.4 32.3 28.3 29.7 27.5 23.4 17.1 13.7 8.2 4.5 0.0 0.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Operating Expenses
R&D Expenses 57.1 57.9 51.9 49.4 46.9 62.1 51.7 54.3 114.6 58.7 60.6 66.5 59.9 60.2 57.1 59.7 56.6 62.2 48.4 51.8 47.9 38.4 32.3 30.8 30.2 36.1 33.2 37.9 33.4 32.0 32.4 34.5 24.6 19.6 19.6 19.5 20.9 20.1 18.4 17.7 14.7 15.5 14.1 10.6 10.3 14.2 13.0 13.7 6.9 5.0 1.4 0.6 0.2 0.4 0.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 80.3 101.7 86.5 76.2 72.8 69.5 65.6 54.4 64.2 52.7 67.8 68.2 72.2 62.9 52.4 53.0 46.8 42.1 36.1 35.0 36.8 35.7 32.0 35.0 33.1 22.5 29.8 39.0 32.7 26.0 26.1 25.1 26.5 27.3 24.9 28.8 23.1 26.6 29.1 23.2 19.1 22.7 22.3 19.7 14.9 18.5 18.6 11.3 10.1 6.5 3.8 5.1 2.3 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
Other Expenses 0 0 0 0 0 1.4 0.1 0 0.3 0 0 0 0.1 (2.2) (6.2) 4.9 0.0 (1.7) 13.9 1.5 8.6 93.3 5.1 4.3 (1.9) 0 (0.5) 0.1 (0.3) (0.1) (0.1) (0.4) 0.1 0.0 0 0.4 0.1 (0.4) 0.2 (0.2) 0.2 (0.3) (0.3) 0 0 0 0 0.2 0 0 0 2.2 1.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Operating Expenses 137.3 159.6 138.3 125.6 119.7 133.0 117.4 108.8 179.1 111.5 128.4 134.7 132.2 121.0 103.4 117.6 103.4 102.5 98.3 88.3 93.3 167.5 69.4 70.0 61.5 58.6 62.3 76.9 66.1 58.0 58.6 59.6 51.1 46.9 44.5 48.3 44.0 46.7 47.5 40.9 33.8 38.1 36.4 30.3 25.2 32.7 31.6 25.0 17.0 11.5 5.2 5.1 2.3 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
Operating Income
Operating Income (36.9) (32.4) 24.9 (12.7) (42.7) (60.7) (56.1) (67.1) (139.2) (82.8) (92.6) (104.0) (80.3) (66.9) (82.6) (65.5) (57.0) (47.2) (31.7) (35.3) (47.5) (118.6) (19.4) (23.1) (15.1) (18.9) (34.4) (36.5) (38.2) (5.0) (35.6) (21.6) (17.9) (15.2) (10.6) (13.6) (14.4) (18.2) (20.4) (11.4) (8.2) (15.2) (20.5) (6.8) (8.1) (18.9) (23.4) (20.5) (17.0) (11.5) (5.2) (5.1) (2.3) (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)
Interest Expense 2.3 2.3 2.8 2.8 2.9 2.8 2.8 2.8 2.8 2.8 2.8 2.8 2.9 2.9 2.8 3.0 2.5 5.1 4.9 4.9 5.3 4.8 4.8 4.6 4.9 4.6 4.5 4.8 4.9 5.1 2.5 1.1 0.4 0.3 0.7 0.7 0.1 0.5 0.3 0.1 0.2 0.3 0.7 2.9 0 36.5 0 0 0 1.6 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 0 0 0 0
Interest Income 2.6 2.6 3.0 3.3 3.8 3.8 3.6 4.4 6.0 7.2 5.8 5.1 3.6 3.1 2.1 0.8 0.3 0.2 0.4 1.0 0.4 0.6 1.1 1.3 2.0 2.2 2.5 2.6 2.8 2.7 1.1 0.9 0 0 0.6 0 0 0.3 0 0 0 0 0 0 3.8 0 2.6 2.2 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
Profitability
EBITDA (11.7) (0.6) 44.3 4.1 (25.5) (45.4) (40.8) (56.4) (123.1) (73.9) (74.9) (88.1) (84.1) (53.6) (76.5) (55.9) (66.3) (40.5) (22.8) (27.5) (42.2) (110.7) (11.3) (15.5) (7.6) (20.3) (27.1) (29.0) (30.8) 2.5 (46.8) (17.3) (13.4) (6.1) (14.3) (9.8) (8.4) (7.7) (26.0) (4.8) (1.4) (37.1) (9.2) 0 (6.9) (10.9) (20.0) (53.9) (21.9) (11.6) (6.0) (5.0) (1.8) 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)
EBIT (36.9) (18.8) 28.5 (9.9) (38.3) (57.5) (52.1) (66.8) (133.0) (85.7) (86.4) (99.0) (93.6) (62.9) (82.6) (64.0) (73.4) (46.5) (30.7) (34.1) (48.2) (117.3) (17.8) (21.4) (13.3) (25.6) (32.5) (33.8) (35.7) (2.5) (51.6) (21.1) (17.0) (10.7) (18.4) (14.5) (13.0) 4.9 (30.3) (20.6) 6.3 (158.1) 145.0 (22.6) 3.4 (0.5) (15.4) 11.5 (22.1) (3.3) (5.2) (5.1) (1.9) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) 0 0 0 0 0 0 0 0 0
Income Before Tax (36.7) (21.1) 25.7 (12.7) (41.2) (60.3) (54.8) (69.6) (135.8) (88.5) (89.2) (101.9) (96.5) (65.8) (83.9) (67.0) (75.9) (51.6) (35.6) (39.0) (53.6) (122.1) (22.5) (26.0) (18.2) (30.2) (37.0) (38.6) (40.6) (7.5) (54.1) (22.2) (18.1) (11.0) (19.0) (15.2) (13.2) (12.3) (30.6) (20.8) 6.1 (13.0) 144.3 (25.5) (0.4) (29.2) (19.6) 6.0 (70.6) (13.1) (10.9) (5.0) (4.7) (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)
Income Tax Expense (0.1) 0.9 0.0 0.0 0.0 (0.1) (0.1) 0.1 0.2 0.1 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.0 0.0 0.0 0.3 (0.5) 0.0 0.1 (19.0) 0.0 (0.5) 0.1 0.4 (10.8) 0.4 0.2 0.2 6.6 (1.2) (1.9) (2.1) (3.7) 6.5 (7.4) (5.1) (10.5) 38.8 0.0 (40.0) 36.5 (6.5) (2.5) 0.1 11.4 5.7 0 2.5 (0.1) (0.0) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Income (37.1) 2.7 25.7 (12.8) (41.2) (60.3) (54.8) (70.4) (136.1) (90.2) 150.7 (85.6) (86.3) (65.8) (69.7) (67.0) (76.0) (51.6) (35.6) (39.0) (53.9) (121.6) (22.5) (26.1) 0.8 (30.3) (36.5) (38.7) (41.0) (7.5) (54.5) (22.3) (18.4) (17.6) (17.8) (13.2) (11.1) (8.6) (37.1) (13.4) 11.2 (2.5) 105.6 (25.5) 39.7 (29.2) (19.6) 8.5 (70.6) (13.1) (10.9) (5.0) (4.7) (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)
Per Share Data
EPS (Basic) -0.40 -0.24 0.29 -0.14 -0.47 -0.73 -0.70 -0.91 -1.76 -1.18 -0.99 -1.13 -1.27 -1.03 -1.09 -1.05 -1.20 -0.84 -0.59 -0.64 -0.96 -2.37 -0.44 -0.58 0.02 -0.70 -0.85 -0.92 -0.99 -0.18 -1.34 -0.56 -0.46 -0.45 -0.46 -0.34 -0.29 -0.23 -1.00 -0.37 0.31 -0.07 2.95 -0.73 1.46 -1.08 -0.73 0.33 -3.03 -0.56 -0.71 -0.41 -0.44 -0.03 -0.03 -0.03 -0.04 -0.03 -0.03 -0.03 -0.04 -0.01 -0.00 -0.00 0.00 -0.00 -0.00 -0.00
EPS (Diluted) -0.40 -0.24 0.25 -0.14 -0.47 -0.73 -0.70 -0.91 -1.76 -1.18 -0.99 -1.13 -1.27 -1.03 -1.09 -1.05 -1.20 -0.84 -0.59 -0.64 -0.96 -2.37 -0.44 -0.58 0.02 -0.69 -0.85 -0.92 -0.99 -0.18 -1.34 -0.56 -0.46 -0.44 -0.46 -0.34 -0.28 -0.22 -1.00 -0.37 -0.08 -0.07 1.78 -0.73 1.32 -0.96 -0.69 -0.90 -3.03 -0.56 -0.71 -0.41 -0.44 -0.03 -0.03 -0.03 -0.04 -0.03 -0.03 -0.03 -0.04 -0.01 -0.00 -0.00 0.00 -0.00 -0.00 -0.00
Shares Outstanding 91.9 90.3 89.2 88.9 88.4 83.1 77.8 77.5 77.1 76.5 76.3 76.0 68.2 64.2 64.0 63.6 63.1 61.6 60.4 60.6 56.3 51.3 50.9 44.8 43.1 43.1 42.9 42.0 41.4 41.2 40.7 40.1 39.7 39.3 38.7 39.0 38.0 38.0 37.0 36.2 36.5 36.3 35.7 35.0 27.2 27.2 26.7 25.6 23.3 23.3 15.4 12.3 10.7 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 1.0 37.8 37.8 74.6 95.9 95.9 95.9 95.9 95.9 95.9
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 2010 Q2 2009 Q4 2009 Q2
Current Assets
Cash & Cash Equivalents 78.4 93.0 110.9 75.2 61.9 58.5 36.4 32.3 43.3 58.2 144.2 70.9 161.4 61.7 151.3 179.8 256.6 165.8 150.3 83.3 148.2 84.8 200.5 237.2 67.0 62.4 65.2 75.7 69.8 102.9 154.8 89.3 61.1 99.4 99.0 89.3 41.9 41.0 23.9 21.2 23.3 0.0 0.0 0.0
Short-Term Investments 186.3 229.8 143.6 244.4 260.3 312.2 241.0 293.1 397.8 508.7 490.4 420.5 400.1 388.6 355.0 373.4 346.8 387.1 400.9 439.5 372.6 276.8 255.8 220.2 289.4 336.1 341.8 350.2 377.8 368.7 324.0 166.4 202.9 201.2 204.9 206.7 206.3 214.9 250.4 200.4 199.1 0 0 0
Net Receivables 87.3 81.4 83.0 38.7 34.4 27.1 25.2 24.5 22.7 21.2 14.6 20.4 23.5 16.6 12.7 16.7 14.7 15.9 13.8 11.9 13.1 33.1 15.0 34.2 38.3 18.0 16.8 15.5 12.7 14.5 13.4 12.3 13.0 13.9 14.5 13.3 62.6 65.4 61.5 64.1 60.6 0 0 0
Inventory 6.4 5.9 5.5 4.1 3.9 6.2 6.4 6.0 4.5 9.4 20.8 18.8 6.7 4.5 7.3 7.6 6.5 7.3 6.6 7.4 7.2 7.6 7.3 6.3 6.6 6.1 5.3 5.0 5.6 5.6 5.1 5.4 5.1 5.4 4.3 4.4 4.8 2.8 3.3 2.7 3.2 0 0 0
Other Current Assets 34.3 27.5 28.0 17.2 13.6 12.7 15.8 13.1 12.8 19.3 16.2 11.6 13.1 15.0 0 0 0 0.2 7.5 0.4 17.2 0 13.6 0 0 6.4 10.7 10.6 8.2 2.3 3.5 2.9 4.6 6.0 2.6 6.0 3.2 4.8 3.6 3.4 3.1 0 0 0
Total Current Assets 392.7 437.6 371.1 379.6 374.2 416.7 324.7 369.0 481.1 616.8 686.2 542.1 604.9 486.4 534.8 586.8 631.1 582.8 579.1 549.8 565.0 410.4 497.7 505.6 406.6 429.1 439.7 457.0 475.5 495.7 503.0 278.9 286.8 325.8 325.3 319.7 322.4 332.4 342.6 300.2 297.7 0.0 0.0 0.0
Non-Current Assets
Property, Plant & Equipment 13.3 14.6 15.8 16.9 18.0 19.6 21.8 23.0 24.2 25.5 26.8 28.1 29.4 30.0 30.8 32.0 33.2 34.3 35.3 36.1 36.7 9.4 32.0 2.9 2.6 2.9 2.9 3.0 3.0 3.1 3.3 3.5 3.0 3.2 2.7 2.5 2.4 2.6 0.4 0.4 0.4 0 0 0
Goodwill 0 0.8 0 0.8 0.8 0.8 0.7 0.8 0.8 0.8 0.8 0.9 0.9 0.8 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0 0 0
Intangible Assets 110.0 113.1 109.4 104.9 103.1 103.2 103.5 104.4 100.4 103.7 106.2 153.5 161.9 96.3 148.5 149.0 152.4 147.5 148.7 150.0 151.3 153.2 154.2 155.4 156.1 157.2 157.8 158.9 159.8 186.7 186.5 187.5 188.6 184.8 179.6 180.4 181.0 182.0 183.3 184.4 160.3 0 0 0
Long-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 15 15 15 15 15 15 0 0 (1.2) (4.4) (6.4) (5.2) 34.1 26.6 0 0 0
Other Non-Current Assets 39.2 39.2 42.3 53.2 52.8 53.8 53.6 53.9 57.1 42.2 12.9 11.8 11.0 59.0 11.1 10.8 10.8 11.1 11.1 9.9 10.0 33.5 7.4 13.9 6.8 14.7 12.5 12.7 13.5 7.7 7.4 5.4 6.5 5.6 7.1 3.6 3.7 7.4 2.0 1.9 1.9 0 0 0
Total Non-Current Assets 162.5 167.6 167.5 175.7 174.6 177.4 179.7 182.2 182.5 172.1 146.7 194.3 203.3 186.2 191.3 192.7 197.3 193.8 196.0 197.0 199.0 197.0 194.5 173.1 166.4 175.7 174.1 190.6 192.2 213.5 213.2 212.2 214.0 194.5 195.2 187.5 188.0 192.9 189.8 233.8 209.4 0 0 0
Total Assets 555.2 605.2 538.6 555.3 548.8 594.1 504.4 551.1 663.5 788.9 832.9 736.4 808.2 672.6 726.2 779.5 828.4 776.6 775.1 746.8 764.0 607.4 692.2 678.7 573.1 604.8 613.8 647.6 667.7 709.2 716.2 491.1 500.8 520.3 520.5 507.1 510.4 525.3 532.4 534.0 507.1 0.0 0.0 0.0
Current Liabilities
Account Payables 12.9 24.8 18.2 19.1 15.4 23.5 23.2 25.8 16.7 41.7 24.7 19.9 16.7 17.3 14.0 11.8 18.4 15.1 5.8 8.3 15.0 12.1 9.4 10.2 10.0 26.6 13.8 12.5 7.6 7.0 9.3 7.8 9.4 18.9 7.4 9.1 4.7 7.5 3.1 6.3 4.6 0.0 0.0 0.0
Short-Term Debt 6.0 5.9 5.7 68.8 68.8 68.7 68.6 0 0 0 0 0 4.5 0 0 0 0 0 3.8 0 0 0 0 0 0 0 0 0 22.5 22.5 22.4 45.4 0 0 0 0 0 0 0 0 0 0.0 0.0 0.0
Deferred Revenue 0 0 0 0 0 2.8 3.8 5.4 6.5 7.1 9.0 10.2 11.0 12.0 11.4 12.5 14.2 16.3 16.1 0 0 0 0 0 0 0 0 0 46.6 49.7 43.3 35.3 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 106.5 87.7 111.1 96.0 15.8 49.5 60.9 27.7 24.1 94.3 32.1 33.6 71.6 48.0 43.0 36.2 37.0 62.8 70.6 23.5 22.4 62.3 14.9 49.7 50.3 54.8 60.7 61.9 35.1 64.8 58.9 43.4 41.4 59.0 68.5 65.2 67.7 68.3 72.7 55.4 45.0 0.0 0.0 0.0
Total Current Liabilities 125.4 159.9 135.1 189.5 182.5 200.8 190.0 121.3 173.2 177.9 139.4 135.7 130.6 142.2 131.0 124.5 119.5 124.1 113.2 97.0 85.0 92.7 75.4 69.9 68.1 95.4 88.0 90.6 104.1 104.6 99.9 103.5 56.5 85.7 83.9 79.6 76.6 83.3 86.0 80.1 66.6 0.1 0.0 0.0
Non-Current Liabilities
Long-Term Debt 321.6 322.9 324.0 311.0 310.7 310.3 310.0 378.1 377.7 377.3 376.8 376.4 376.0 375.5 375.1 374.7 374.3 226.6 223.7 220.9 218.1 215.3 212.7 210.0 207.4 204.9 202.4 199.9 197.5 195.1 192.8 0 45.2 45.1 44.9 44.7 44.6 44.4 44.3 44.1 43.9 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 1.2 4.4 6.4 8.5 12.1 19.3 0 0 0
Other Non-Current Liabilities 9.4 (3.5) 5.9 7.9 7.3 6.8 16.3 16.6 16.4 8.5 8.4 75.9 77.4 73.6 78.2 78.0 76.3 72.0 74.3 63.7 67.1 59.9 74.8 80.1 71.8 83.3 69.7 71.8 71.5 91.2 104.5 99.7 99.6 96.5 87.2 85.7 83.9 83.4 86.1 95.4 77.3 0 0 0
Total Non-Current Liabilities 331.0 330.5 329.9 333.0 333.5 334.3 344.8 414.7 416.2 410.2 413.7 484.2 488.4 487.6 494.5 498.3 500.8 350.4 354.5 317.5 316.3 303.6 315.4 290.1 279.2 288.2 279.8 279.9 277.9 286.3 297.2 99.7 144.8 141.5 132.1 131.7 132.9 134.3 138.8 139.5 121.3 0 0 0
Total Liabilities 456.5 490.4 465.0 522.6 516.0 535.0 534.9 536.0 589.5 588.1 553.1 619.9 619.1 629.7 625.5 622.8 620.3 474.5 467.7 414.5 401.4 396.2 390.8 360.0 347.3 383.6 367.9 370.5 382.0 390.9 397.1 203.2 201.3 227.2 216.0 211.3 209.4 217.5 224.8 219.6 187.9 0.1 0.0 0.0
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 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 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 (1,509.8) (1,472.7) (1,475.4) (1,501.1) (1,488.4) (1,447.2) (1,386.9) (1,332.1) (1,261.7) (1,125.6) (1,035.4) (1,186.2) (1,100.6) (1,014.2) (948.4) (878.7) (811.7) (766.0) (714.4) (678.8) (639.7) (585.9) (464.3) (441.7) (415.6) (416.4) (386.2) (349.7) (311.0) (270.0) (262.6) (208.0) (185.7) (177.7) (160.0) (142.2) (129.0) (113.1) (104.5) (67.3) (53.9) (0.1) (0.1) (0.1)
Accumulated Other Comprehensive Income (1.1) (1.2) (1.1) (0.8) (0.8) (0.1) (1.0) (1.6) (1.9) (1.5) (3.7) (3.9) (2.2) (2.9) 0.3 (1.1) (1.7) (0.6) (0.5) (0.6) (0.3) (0.9) 0.4 1.4 (1.5) 0.7 1.2 0.8 0.1 (1.5) (1.1) (1.2) (1.5) (1.0) (0.6) (0.6) (0.4) (0.5) (0.3) 0.0 (0.2) 0 0 0
Total Stockholders' Equity 98.7 114.8 73.6 32.7 32.8 59.1 (30.5) 15.1 74.1 200.8 279.8 116.5 189.1 42.9 100.7 156.7 208.1 302.1 307.4 332.3 362.7 211.2 301.4 318.6 225.7 221.2 246.0 277.1 285.7 318.3 319.1 288.0 299.5 293.1 304.5 295.8 300.9 307.8 307.6 314.4 319.2 0 0 0
Total Liabilities & Equity 555.2 605.2 538.6 555.3 548.8 594.1 504.4 551.1 663.5 788.9 832.9 736.4 808.2 672.6 726.2 779.5 828.4 776.6 775.1 746.8 764.0 607.4 692.2 678.7 573.1 604.8 613.8 647.6 667.7 709.2 716.2 491.1 500.8 520.3 520.5 507.1 510.4 525.3 532.4 534.0 507.1 0.0 0.0 0.0
Debt Metrics
Total Debt 327.7 339.9 329.7 399.6 400.5 401.6 402.4 403.2 404.0 404.8 405.5 406.2 406.8 407.5 407.6 408.2 408.8 262.0 260 256.4 250.4 244.0 241.4 210.0 207.4 204.9 202.4 199.9 220.0 217.5 215.1 45.4 45.2 45.1 44.9 44.7 44.6 44.4 44.3 44.1 43.9 0.0 0.0 0.0
Net Debt 249.3 246.8 218.8 324.4 338.6 343.0 366.0 370.9 360.8 346.6 261.2 335.3 245.5 345.8 256.3 228.4 152.2 96.2 109.7 173.1 102.1 159.3 40.9 (27.2) 140.4 142.4 137.2 124.2 150.2 114.7 60.3 (43.9) (15.9) (54.3) (54.1) (44.5) 2.7 3.4 20.4 22.9 20.7 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
Operating Activities
Net Income (36.6) (22.0) 25.7 (12.8) (41.2) (60.3) (54.8) (69.7) (136.1) (88.6) (89.2) (85.6) (86.3) (85.6) (84.1) (67.0) (76.0) (51.6) (35.6) (39.0) (53.9) (121.6) (22.5) (26.1) 0.8 (30.3) (36.5) (38.7) (41.0) (7.5) (54.5) (22.3) (18.4) (17.6) (17.8) (13.2) (11.1) (8.6) (37.1) (13.4) 11.2
Depreciation & Amortization 25.2 18.1 15.8 14.0 12.8 12.1 11.2 10.3 9.9 11.9 11.5 13.9 9.5 9.3 6.2 8.1 7.1 6.0 7.9 6.6 6.1 6.6 6.4 5.9 5.7 5.3 5.4 4.8 4.9 4.9 4.8 4.6 4.3 4.5 4.6 4.4 4.3 4.2 4.1 4.0 3.9
Stock-Based Compensation 16.1 0 11.3 10.6 11.5 9.2 8.0 9.9 9.8 8.1 0 11.9 13.5 0 0 12.6 8.2 8.6 7.0 7.3 7.9 6.4 5.4 6.0 5.9 4.5 4.3 6.0 6.3 4.7 5.0 5.5 4.7 5.6 7.0 7.2 7.1 7.1 7.7 7.5 6.8
Change in Working Capital (45.1) 52.7 (37.3) (5.6) (23.7) 7.4 (6.7) (60.7) (2.9) 7.1 (3.6) (6.9) (22.1) (4.3) 12.5 4.0 (11.3) 15.2 36.0 27.2 1.6 (1.1) 9.8 1.5 (36.2) 3.6 (2.9) 4.6 (2.7) 3.4 6.3 7.7 (6.4) 0.8 2.0 4.3 (3.4) 2.3 8.0 1.0 (5.8)
Other Non-Cash Items (0.0) 11.9 (1.1) (1.3) (1.6) (4.2) (0.3) 69.9 0.4 100.4 22.2 1.1 4.0 26.0 25.9 5.5 16.7 (6.5) 16.8 4.3 10.3 95.8 6.5 6.1 (5.8) 12.4 0.5 4.9 (13.4) (9.8) 16.1 1.7 (0.1) 4.5 12.2 6.0 2.4 (0.1) 20.8 12.2 (14.6)
Operating Cash Flow (40.4) 60.7 14.3 5.0 (42.2) (35.7) (42.5) (40.2) (119.0) (70.5) (59.1) (69.3) (81.1) (54.6) (39.5) (36.8) (55.3) (26.9) 32.1 6.5 (26.5) (13.9) 6.7 (6.5) (29.2) (4.5) (14.1) (19.1) (20.5) (3.6) (3.9) (2.8) (14.7) (0.9) 5.6 5.4 (2.8) (6.8) 4.7 4.0 (3.6)
Investing Activities
Capital Expenditure (22.2) 0.4 (0.1) (0.2) (11.8) (9.6) (8.2) (12.0) (6.5) (5.5) (0.0) (3.2) (28.0) (0.0) (0.0) (0.0) (5.3) (5.2) (0.3) (4.3) (9.3) (103.9) (6.9) (4.4) (4.6) 0.1 (4.2) (3.4) (4.0) (3.9) (3.8) (3.7) (8.3) (2.9) (3.7) (3.0) (4.3) (4.2) (2.8) (2.3) (2.6)
Acquisitions 0 0 0 0 0 0 0 0 0 12.6 0 3.2 27.3 0 0 0 5.1 14.0 0 4.2 4.8 13.0 4.5 4.1 4.4 0 4.0 3.4 4.0 15 3.7 (5) (10) 9.6 3.4 (2.8) 0 7.6 (2.8) (0.5) 2.6
Purchases of Investments (5.1) (167.9) (4.8) (64.4) 0 (125.8) 0 0 0 (62.6) (155.6) (122.5) (103.2) (84.3) (94.6) (180.2) (26.3) (44.9) (96.1) (157.2) (248.8) (72.0) (106.3) (31.8) (5.0) (72.8) (56.1) (14.4) (80.4) (111.5) (190.3) 3.2 (29.5) (34.9) (31.3) (36.2) 0 (32.1) (83.5) (43.9) (24.7)
Sales/Maturities of Investments 48.8 82.4 106.6 81.4 53.2 55.0 54.3 105.6 111.4 50 87.7 102.8 94.1 52.4 112.3 152.6 64.7 57.5 134.0 89.7 152.4 50.3 70.0 104.0 49.2 78.3 64.8 43.0 73.0 66.6 32.6 36.6 26.9 37.7 32.9 35.5 8.4 66.9 32.7 42.4 17.5
Other Investing Activities 0 (0.5) 0.0 (11.9) (11.9) (0.0) (26.6) (65) 0 (11.4) 206.2 (3.8) (27.3) (0.6) 0 0 (5.1) (14.0) 0 (4.2) (4.8) (13.0) (4.5) (4.1) (4.4) 0 (4.0) (3.4) (4.0) (15) (3.7) (3.2) (20.8) (9.6) (3.4) 50.3 5.0 (7.6) 50.1 (3.8) (2.6)
Investing Cash Flow 21.5 (104.8) 86.6 4.8 41.3 (80.3) 46.1 28.6 104.9 (16.9) 133.3 (23.6) (37.0) (36.7) 10.1 (39.1) 33.2 7.4 32.5 (71.8) (105.7) (125.5) (43.2) 67.8 39.6 1.6 4.5 25.2 (11.4) (48.8) (161.5) 27.9 (20.9) (0.1) (2.2) 43.8 4.1 30.6 (6.2) (4.3) (9.8)
Financing Activities
Net Debt Issuance 0 0 (68.9) 0 0 0 0 0 0 0 0 0 0 0 0 (0.4) 95.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
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 (0.5) (0.5) (0.5) (0.5) (0.5) (0.5) (0.5) (0.5) (0.5) (0.8) (0.8) 2.3 25.8 (1.1) (1.1) (1.1) (1.1) 2.4 (1.2) 0.4 1.5 2.2 (0.4) 0.2 (5.8) (0.6) (0.7) (0.3) (1.1) 0.5 231.0 3.1 (2.7) 1.4 5.8 (1.4) (0.4) (6.9) 4.0 (1.9) (0.9)
Financing Cash Flow 4.2 26.7 (65.3) 1.5 3.7 139.1 0.0 0.8 (0.5) 0.1 (0.6) 2.3 217.0 0.6 2.3 0.8 113.9 33.2 2.4 0.3 195.8 25.0 (0.3) 108.8 (5.8) 0.1 (0.7) (0.3) (1.1) 0.5 231.0 3.1 (2.7) 1.4 5.8 (1.4) (0.4) (6.9) 4.0 (1.9) (0.9)
Cash Position
Net Change in Cash (14.7) (17.9) 35.8 13.3 3.4 22.1 4.1 (11.0) (14.9) (86.1) 73.4 (90.5) 99.7 (89.6) (28.4) (76.8) 90.8 15.4 67.0 (64.9) 63.5 (115.7) (36.7) 170.2 4.6 (2.8) (10.5) 5.8 (33.0) (51.9) 65.5 28.2 (38.3) 0.4 9.7 47.4 0.9 17.1 2.7 (2.1) (14.5)
Cash at Beginning 93.0 110.9 75.2 61.9 58.5 36.4 32.3 43.3 58.2 144.2 70.9 161.4 61.7 151.3 179.8 256.6 165.8 150.3 83.3 148.2 84.8 200.5 237.2 67.0 62.4 65.2 75.7 69.8 102.9 154.8 89.3 61.1 99.4 99.0 89.3 41.9 41.0 23.9 21.2 23.3 37.8
Cash at End 78.4 93.0 110.9 75.2 61.9 58.5 36.4 32.3 43.3 58.2 144.2 70.9 161.4 61.7 151.3 179.8 256.6 165.8 150.3 83.3 148.2 84.8 200.5 237.2 67.0 62.4 65.2 75.7 69.8 102.9 154.8 89.3 61.1 99.4 99.0 89.3 41.9 41.0 23.9 21.2 23.3
Free Cash Flow (62.5) 61.1 14.2 4.7 (54.0) (45.3) (50.7) (52.2) (125.5) (76.0) (59.1) (72.5) (109.1) (54.7) (39.5) (36.8) (60.6) (32.1) 31.7 2.2 (35.7) (117.8) (0.2) (10.9) (33.8) (4.4) (18.3) (22.5) (24.5) (7.4) (7.7) (6.5) (23.0) (3.8) 1.9 2.4 (7.1) (11.0) 2.0 1.7 (6.2)
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 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2008 Q4 2008 Q3 2008 Q2
Income Statement
Revenue 127.2 129.7 164.9 114.4 81.7 74.8 62.9 54.1 41.4 45.1 37.1 32.2 57.0 55.9 28.1 54.2 48.5 57.2 68.2 54.6 47.4 51.0 51.1 48.4 47.8 46.7 44.4 44.7 39.6 43.8 40.7 41.3 38.4 42.2 40.3 38.8 33.6 37.3 33.9 33.3 29.0 30.4 28.0 24.1 17.4 14.1 8.3 5.7 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
Gross Profit 100.4 127.1 163.3 112.9 77.1 72.2 61.3 41.7 39.9 28.6 35.8 30.7 51.9 54.1 20.8 52.1 46.3 55.4 66.6 53.0 45.8 48.9 50.0 46.9 46.4 39.7 42.9 43.7 38.6 42.2 39.6 40.2 36.8 41.0 39.4 38.0 32.9 36.1 32.4 32.3 28.3 29.7 27.5 23.4 17.1 13.7 8.2 4.5 0.0 0.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Operating Income (36.9) (32.4) 24.9 (12.7) (42.7) (60.7) (56.1) (67.1) (139.2) (82.8) (92.6) (104.0) (80.3) (66.9) (82.6) (65.5) (57.0) (47.2) (31.7) (35.3) (47.5) (118.6) (19.4) (23.1) (15.1) (18.9) (34.4) (36.5) (38.2) (5.0) (35.6) (21.6) (17.9) (15.2) (10.6) (13.6) (14.4) (18.2) (20.4) (11.4) (8.2) (15.2) (20.5) (6.8) (8.1) (18.9) (23.4) (20.5) (17.0) (11.5) (5.2) (5.1) (2.3) (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)
Net Income (37.1) 2.7 25.7 (12.8) (41.2) (60.3) (54.8) (70.4) (136.1) (90.2) 150.7 (85.6) (86.3) (65.8) (69.7) (67.0) (76.0) (51.6) (35.6) (39.0) (53.9) (121.6) (22.5) (26.1) 0.8 (30.3) (36.5) (38.7) (41.0) (7.5) (54.5) (22.3) (18.4) (17.6) (17.8) (13.2) (11.1) (8.6) (37.1) (13.4) 11.2 (2.5) 105.6 (25.5) 39.7 (29.2) (19.6) 8.5 (70.6) (13.1) (10.9) (5.0) (4.7) (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)
EPS (Diluted) -0.40 -0.24 0.25 -0.14 -0.47 -0.73 -0.70 -0.91 -1.76 -1.18 -0.99 -1.13 -1.27 -1.03 -1.09 -1.05 -1.20 -0.84 -0.59 -0.64 -0.96 -2.37 -0.44 -0.58 0.02 -0.69 -0.85 -0.92 -0.99 -0.18 -1.34 -0.56 -0.46 -0.44 -0.46 -0.34 -0.28 -0.22 -1.00 -0.37 -0.08 -0.07 1.78 -0.73 1.32 -0.96 -0.69 -0.90 -3.03 -0.56 -0.71 -0.41 -0.44 -0.03 -0.03 -0.03 -0.04 -0.03 -0.03 -0.03 -0.04 -0.01 -0.00 -0.00 0.00 -0.00 -0.00 -0.00
Balance Sheet
Cash & Equivalents 78.4 93.0 110.9 75.2 61.9 58.5 36.4 32.3 43.3 58.2 144.2 70.9 161.4 61.7 151.3 179.8 256.6 165.8 150.3 83.3 148.2 84.8 200.5 237.2 67.0 62.4 65.2 75.7 69.8 102.9 154.8 89.3 61.1 99.4 99.0 89.3 41.9 41.0 23.9 21.2 23.3 0.0 0.0 0.0
Total Assets 555.2 605.2 538.6 555.3 548.8 594.1 504.4 551.1 663.5 788.9 832.9 736.4 808.2 672.6 726.2 779.5 828.4 776.6 775.1 746.8 764.0 607.4 692.2 678.7 573.1 604.8 613.8 647.6 667.7 709.2 716.2 491.1 500.8 520.3 520.5 507.1 510.4 525.3 532.4 534.0 507.1 0.0 0.0 0.0
Total Debt 327.7 339.9 329.7 399.6 400.5 401.6 402.4 403.2 404.0 404.8 405.5 406.2 406.8 407.5 407.6 408.2 408.8 262.0 260 256.4 250.4 244.0 241.4 210.0 207.4 204.9 202.4 199.9 220.0 217.5 215.1 45.4 45.2 45.1 44.9 44.7 44.6 44.4 44.3 44.1 43.9 0.0 0.0 0.0
Stockholders' Equity 98.7 114.8 73.6 32.7 32.8 59.1 (30.5) 15.1 74.1 200.8 279.8 116.5 189.1 42.9 100.7 156.7 208.1 302.1 307.4 332.3 362.7 211.2 301.4 318.6 225.7 221.2 246.0 277.1 285.7 318.3 319.1 288.0 299.5 293.1 304.5 295.8 300.9 307.8 307.6 314.4 319.2 0 0 0
Cash Flow
Operating Cash Flow (40.4) 60.7 14.3 5.0 (42.2) (35.7) (42.5) (40.2) (119.0) (70.5) (59.1) (69.3) (81.1) (54.6) (39.5) (36.8) (55.3) (26.9) 32.1 6.5 (26.5) (13.9) 6.7 (6.5) (29.2) (4.5) (14.1) (19.1) (20.5) (3.6) (3.9) (2.8) (14.7) (0.9) 5.6 5.4 (2.8) (6.8) 4.7 4.0 (3.6)
Capital Expenditure (22.2) 0.4 (0.1) (0.2) (11.8) (9.6) (8.2) (12.0) (6.5) (5.5) (0.0) (3.2) (28.0) (0.0) (0.0) (0.0) (5.3) (5.2) (0.3) (4.3) (9.3) (103.9) (6.9) (4.4) (4.6) 0.1 (4.2) (3.4) (4.0) (3.9) (3.8) (3.7) (8.3) (2.9) (3.7) (3.0) (4.3) (4.2) (2.8) (2.3) (2.6)
Free Cash Flow (62.5) 61.1 14.2 4.7 (54.0) (45.3) (50.7) (52.2) (125.5) (76.0) (59.1) (72.5) (109.1) (54.7) (39.5) (36.8) (60.6) (32.1) 31.7 2.2 (35.7) (117.8) (0.2) (10.9) (33.8) (4.4) (18.3) (22.5) (24.5) (7.4) (7.7) (6.5) (23.0) (3.8) 1.9 2.4 (7.1) (11.0) 2.0 1.7 (6.2)