UPST - Upstart Holdings, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$38.13
DETAILS
HIGH:
$51.00
LOW:
$28.00
MEDIAN:
$37.50
CONSENSUS:
$38.13
UPSIDE:
61.64%
| 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 | 2020 Q3 | 2020 Q2 | 2020 Q1 | 2019 Q4 | 2019 Q3 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||
| Revenue | 377.2 | 318.6 | 304.2 | 285.9 | 265.1 | 220.4 | 226.4 | 173.0 | 139.1 | 138.5 | 148.9 | 144.0 | 140.0 | 110.1 | 146.8 | 160.3 | 230.5 | 311.1 | 304.2 | 228.7 | 195.4 | 122.4 | 78.7 | 64.2 | 19.6 | 67.5 | 68.1 | 49.5 |
| Cost of Revenue | 12.5 | 10.4 | 27.9 | 8.8 | 7.8 | 7.0 | 15.1 | 10.8 | 11.5 | 10.7 | 14.1 | 9.4 | 4.3 | 7.1 | 4.5 | 3.0 | 2.3 | 1.0 | 0.5 | 0.3 | 1.5 | 1.0 | 1.1 | 1.4 | 2.3 | 3.3 | 4.4 | 6.7 |
| Gross Profit | 364.7 | 308.2 | 276.2 | 277.1 | 257.3 | 213.4 | 211.3 | 162.1 | 127.6 | 127.8 | 134.9 | 134.6 | 135.8 | 102.9 | 142.2 | 157.2 | 228.2 | 310.1 | 303.7 | 228.4 | 193.9 | 121.3 | 77.7 | 62.8 | 17.3 | 64.3 | 63.8 | 42.8 |
| 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 | 5.1 |
| SG&A Expenses | 256.2 | 235.6 | 210.3 | 189.4 | 183.9 | 160.0 | 156.5 | 142.4 | 124.7 | 132.2 | 130.7 | 123.5 | 111.1 | 124.7 | 141.4 | 149.1 | 203.2 | 225.3 | 196.7 | 162.8 | 126.2 | 86.8 | 62.2 | 43.2 | 21.1 | 56.4 | 51.8 | 35.7 |
| Other Expenses | 91.3 | 79.2 | 46.8 | 55.8 | 67.7 | 55.8 | 57.4 | 26.4 | 57.4 | 60.2 | 46.5 | 51.4 | 52.8 | 107.5 | 56.6 | 64.3 | 54.8 | 52.1 | 47.7 | 37.8 | 31.4 | 24.2 | 14.1 | 9.9 | 2.4 | 6.9 | 7.1 | 0 |
| Operating Expenses | 347.6 | 314.8 | 257.1 | 245.2 | 251.6 | 215.8 | 213.9 | 168.9 | 182.1 | 192.4 | 177.2 | 174.9 | 163.9 | 232.2 | 198.0 | 213.4 | 258.0 | 277.4 | 244.4 | 200.6 | 157.7 | 111.0 | 76.3 | 53.1 | 23.4 | 63.3 | 58.9 | 43.0 |
| Operating Income | ||||||||||||||||||||||||||||
| Operating Income | 17.2 | (6.6) | 19.2 | 31.9 | 5.7 | (2.4) | (2.6) | (6.7) | (54.5) | (64.6) | (42.3) | (40.3) | (28.1) | (129.2) | (55.7) | (56.2) | (29.8) | 32.7 | 59.3 | 27.8 | 36.3 | 10.3 | 1.4 | 9.7 | (6.1) | 1.0 | 4.9 | 2.0 |
| Interest Expense | 12.5 | 10.4 | 27.9 | 8.8 | 7.8 | 7.0 | 15.1 | 10.8 | 11.5 | 10.7 | 14.1 | 9.4 | 4.3 | 7.1 | 4.5 | 3.0 | 2.3 | 1.0 | 0.5 | 0.3 | 1.5 | 1.0 | 1.1 | 1.4 | 2.3 | 3.3 | 4.4 | 0 |
| Interest Income | 57.1 | 56.1 | 60.8 | 57.2 | 45.6 | 40.6 | 41.5 | 40.8 | 52.9 | 51.2 | 52.1 | 37.7 | 33.9 | 45.3 | 39.3 | 22.2 | 29.0 | 15.1 | 8.6 | 5.1 | 3.5 | 3.4 | 3.7 | 5.8 | 7.7 | 9.2 | 12.0 | 0 |
| Profitability | ||||||||||||||||||||||||||||
| EBITDA | 24.3 | (0.7) | 25.6 | 38.1 | 11.5 | 4.0 | 2.1 | (1.3) | (49.6) | (59.0) | (33.2) | (35.4) | (23.7) | (122.8) | (52.1) | (52.5) | (26.5) | 35.5 | 61.8 | 30.0 | 38.3 | 11.1 | 2.0 | 10.2 | (5.6) | 1.5 | 5.4 | 2.1 |
| EBIT | 17.2 | (6.6) | 19.2 | 31.9 | 5.7 | (2.4) | (2.6) | (6.7) | (54.5) | (64.6) | (42.3) | (40.3) | (28.1) | (129.2) | (55.7) | (56.2) | (29.8) | 32.7 | 59.3 | 27.8 | 36.3 | 10.3 | 1.4 | 9.7 | (6.1) | 1.0 | 4.9 | 2.0 |
| Income Before Tax | 17.2 | (6.6) | 19.2 | 31.9 | 5.7 | (2.4) | (2.6) | (6.7) | (54.5) | (64.6) | (42.3) | (40.3) | (28.1) | (129.2) | (55.7) | (56.2) | (29.8) | 32.7 | 59.3 | 27.8 | 36.3 | 10.3 | 1.4 | 9.7 | (6.1) | 1.0 | 4.9 | (0.2) |
| Income Tax Expense | 0.6 | 0.1 | 0.5 | 0.1 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | (0.5) | 0.0 | 0.0 | 0.0 | 0.3 | (1.3) | (1.0) | 0.2 | 0.4 | 0 | 0 | 0 | 0.1 | 0 |
| Net Income | 16.5 | (6.6) | 18.6 | 31.8 | 5.6 | (2.4) | (2.8) | (6.8) | (54.5) | (64.6) | (42.4) | (40.3) | (28.2) | (129.3) | (55.3) | (56.2) | (29.9) | 32.7 | 58.9 | 29.1 | 37.3 | 10.1 | 1.0 | 9.7 | (6.2) | 1.5 | 6.1 | (0.3) |
| Per Share Data | ||||||||||||||||||||||||||||
| EPS (Basic) | 0.17 | -0.07 | 0.19 | 0.33 | 0.06 | -0.03 | -0.03 | -0.07 | -0.62 | -0.74 | -0.50 | -0.48 | -0.34 | -1.58 | -0.67 | -0.69 | -0.36 | 0.34 | 0.71 | 0.37 | 0.49 | 0.14 | 0.04 | 0.12 | -0.28 | 0.10 | 0.42 | -0.02 |
| EPS (Diluted) | 0.16 | -0.07 | 0.17 | 0.25 | 0.05 | -0.03 | -0.03 | -0.07 | -0.62 | -0.74 | -0.50 | -0.48 | -0.34 | -1.58 | -0.67 | -0.69 | -0.36 | 0.34 | 0.60 | 0.30 | 0.39 | 0.11 | 0.04 | 0.10 | -0.22 | 0.10 | 0.42 | -0.02 |
| Shares Outstanding | 96.6 | 96.9 | 97.6 | 96.7 | 95.5 | 94.3 | 92.2 | 90.1 | 88.4 | 87.0 | 85.6 | 84.4 | 83.1 | 81.9 | 82.2 | 81.5 | 83.0 | 95.5 | 98.3 | 96.1 | 94.8 | 91.4 | 26.0 | 17.6 | 11.5 | 14.6 | 14.4 | 14.3 |
| 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 | 2019 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||||||||
| Cash & Cash Equivalents | 456.0 | 931.3 | 657.4 | 494.9 | 400.6 | 605.4 | 793.6 | 450.2 | 379.7 | 307.0 | 377.3 | 525.2 | 453.9 | 396.8 | 432.4 | 692.8 | 800.9 | 766.6 | 995.0 | 1,049.7 | 514.4 | 265.2 | 258.8 | 50.8 |
| 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 |
| Net Receivables | 58.2 | 0 | 97.4 | 120.3 | 99.4 | 62.5 | 70.3 | 87.9 | 60.0 | 54 | 55.3 | 44.0 | 50.0 | 48.0 | 52.8 | 53.3 | 50.8 | 55.0 | 63.8 | 40.5 | 44.7 | 34.2 | 30.7 | 42.4 |
| 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 |
| Other Current Assets | 435.6 | 0 | 404.6 | 347.1 | 305.5 | 239.8 | 187.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Assets | 982.3 | 931.3 | 1,199.1 | 992.8 | 832.4 | 935.7 | 1,080.6 | 557.7 | 457.8 | 384.0 | 450.6 | 590.3 | 521.5 | 466.8 | 502.0 | 769.7 | 874.1 | 850.5 | 1,088.8 | 1,108.1 | 574.1 | 313.6 | 295.5 | 98.5 |
| Non-Current Assets | ||||||||||||||||||||||||
| Property, Plant & Equipment | 68.2 | 61.6 | 60.6 | 78.9 | 81.6 | 83.0 | 82.5 | 84.6 | 88.9 | 92.5 | 97.3 | 125.3 | 127.4 | 130.4 | 130.5 | 128.5 | 126.4 | 123.0 | 120.4 | 88.9 | 29.8 | 27.4 | 28.3 | 22.2 |
| Goodwill | 67.1 | 67.1 | 67.1 | 67.1 | 67.1 | 67.1 | 67.1 | 67.1 | 67.1 | 67.1 | 67.1 | 67.1 | 67.1 | 67.1 | 67.1 | 67.1 | 67.1 | 67.1 | 67.1 | 66.9 | 66.9 | 0 | 0 | 0 |
| Intangible Assets | 49.3 | 8.0 | 8.3 | 8.6 | 8.9 | 9.1 | 9.4 | 9.7 | 10.0 | 10.3 | 11.4 | 12.4 | 13.5 | 14.6 | 15.6 | 16.7 | 17.8 | 18.8 | 19.9 | 21.0 | 22.1 | 0 | 0 | 0 |
| Long-Term Investments | 1,064.2 | 1,838.6 | 1,025.8 | 1,272.0 | 1,061.2 | 857.1 | 849.4 | 699.5 | 867.0 | 1,128.1 | 1,203.6 | 1,023.4 | 889.2 | 1,023.5 | 1,051.7 | 741.5 | 664.8 | 639.0 | 292.5 | 169.6 | 82.3 | 57.2 | 78.5 | 232.3 |
| Other Non-Current Assets | 798.8 | 55.1 | 613.9 | 485.4 | 426.7 | 344.3 | 278.0 | 390.4 | 329.5 | 245.8 | 187.1 | 183.3 | 145.2 | 119.5 | 169.2 | 192.0 | 166.9 | 289.1 | 231.8 | 151.7 | 129.4 | 90.5 | 74.9 | 40.5 |
| Total Non-Current Assets | 2,047.6 | 2,030.3 | 1,775.7 | 1,912.0 | 1,645.5 | 1,360.6 | 1,286.4 | 1,251.3 | 1,362.4 | 1,543.7 | 1,566.5 | 1,411.5 | 1,242.2 | 1,355.0 | 1,434.1 | 1,145.6 | 1,042.9 | 1,137.1 | 731.7 | 498.0 | 330.5 | 175.0 | 181.8 | 295.0 |
| Total Assets | 3,171.3 | 2,961.7 | 2,974.8 | 2,904.8 | 2,477.9 | 2,296.3 | 2,367.0 | 1,809.0 | 1,820.2 | 1,927.7 | 2,017.1 | 2,001.8 | 1,763.7 | 1,821.7 | 1,936.1 | 1,915.3 | 1,917.0 | 1,987.6 | 1,820.5 | 1,606.1 | 904.6 | 488.6 | 477.3 | 393.5 |
| Current Liabilities | ||||||||||||||||||||||||
| Account Payables | 145.2 | 22.7 | 32.0 | 11.8 | 28.8 | 13.3 | 12.4 | 22.6 | 13.9 | 10.0 | 12.6 | 7.0 | 6.9 | 6.6 | 18.7 | 10.9 | 22.0 | 10.3 | 6.6 | 9.4 | 17.3 | 8.1 | 13.8 | 6.6 |
| Short-Term Debt | 69.7 | 7.5 | 97.3 | 140.5 | 189.5 | 127.0 | 195.6 | 170.1 | 258.2 | 351.5 | 387.4 | 351.2 | 279.2 | 350.2 | 336.5 | 269.7 | 208.1 | 121.6 | 48.0 | 1.3 | 2.7 | 21.8 | 40.5 | 84.6 |
| 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 |
| Other Current Liabilities | (316.2) | 184.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 69.7 | 230.8 | 401.0 | 377.8 | 449.6 | 350.5 | 457.8 | 259.4 | 315.7 | 396.9 | 458.3 | 399.2 | 323.4 | 389.1 | 400.5 | 330.4 | 285.0 | 201.6 | 140.1 | 67.2 | 69.3 | 56.0 | 79.1 | 111.9 |
| Non-Current Liabilities | ||||||||||||||||||||||||
| Long-Term Debt | 1,936.6 | 1,960.0 | 1,731.8 | 1,715.2 | 1,238.9 | 1,207.9 | 1,206.6 | 717.3 | 654.5 | 653.8 | 653.0 | 652.2 | 651.5 | 650.7 | 649.9 | 649.2 | 648.4 | 647.7 | 647.4 | 647.9 | 3.3 | 20.1 | 22.1 | 34.0 |
| 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 |
| Other Non-Current Liabilities | 348.3 | 26.8 | 22.0 | 27.6 | 23.5 | 14.2 | 19.1 | 183.4 | 198.9 | 204.8 | 208.2 | 216.2 | 54.4 | 55.6 | 112.4 | 117.7 | 126.7 | 161.7 | 125.5 | 99.7 | 98.1 | 73.3 | 56.4 | 292.2 |
| Total Non-Current Liabilities | 2,304.1 | 1,997.7 | 1,775.0 | 1,783.4 | 1,306.3 | 1,269.1 | 1,276.0 | 954.0 | 909.8 | 917.9 | 923.5 | 961.8 | 802.1 | 805.4 | 863.1 | 866.3 | 875.0 | 909.5 | 873.3 | 819.8 | 119.2 | 112.0 | 97.9 | 343.2 |
| Total Liabilities | 2,373.8 | 2,228.5 | 2,176.0 | 2,161.1 | 1,755.9 | 1,619.6 | 1,733.7 | 1,213.4 | 1,225.5 | 1,314.9 | 1,381.8 | 1,361.0 | 1,125.6 | 1,194.5 | 1,263.6 | 1,196.7 | 1,159.9 | 1,111.1 | 1,013.4 | 887.0 | 188.5 | 168.0 | 177.0 | 455.1 |
| 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 |
| Retained Earnings | (347.7) | (364.2) | (357.6) | (376.2) | (408.0) | (413.6) | (411.2) | (408.4) | (401.6) | (347.2) | (282.6) | (240.2) | (199.9) | (171.7) | (42.4) | 12.8 | 69.0 | 98.9 | 66.2 | 7.3 | (21.8) | (59.1) | (69.2) | (75.2) |
| 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 | 0 |
| Total Stockholders' Equity | 797.5 | 733.2 | 798.8 | 743.7 | 722.0 | 676.6 | 633.2 | 595.5 | 594.7 | 612.8 | 635.3 | 640.8 | 638.1 | 627.2 | 672.4 | 718.6 | 757.1 | 876.5 | 807.1 | 719.1 | 716.1 | 320.6 | 300.3 | (62.7) |
| Total Liabilities & Equity | 3,171.3 | 2,961.7 | 2,974.8 | 2,904.8 | 2,477.9 | 2,296.3 | 2,367.0 | 1,809.0 | 1,820.2 | 1,927.7 | 2,017.1 | 2,001.8 | 1,763.7 | 1,821.7 | 1,936.1 | 1,915.3 | 1,917.0 | 1,987.6 | 1,820.5 | 1,606.1 | 904.6 | 488.6 | 477.3 | 393.5 |
| Debt Metrics | ||||||||||||||||||||||||
| Total Debt | 2,025.5 | 1,978.4 | 1,850.3 | 1,896.3 | 1,472.3 | 1,381.9 | 1,452.4 | 940.7 | 969.1 | 1,064.6 | 1,102.7 | 1,096.7 | 1,026.9 | 1,099.9 | 1,087.2 | 1,018.3 | 956.4 | 869.3 | 795.8 | 721.4 | 23.8 | 60.5 | 82.1 | 135.7 |
| Net Debt | 1,569.5 | 1,047.1 | 1,192.8 | 1,401.4 | 1,071.8 | 776.6 | 658.8 | 490.5 | 589.4 | 757.7 | 725.4 | 571.5 | 573.0 | 703.1 | 654.8 | 325.6 | 155.6 | 102.6 | (199.2) | (328.3) | (490.6) | (204.7) | (176.7) | 84.9 |
| 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 | 2020 Q3 | 2020 Q2 | 2020 Q1 | 2019 Q4 | 2019 Q3 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||||
| Net Income | 16.5 | (6.6) | 18.6 | 31.8 | 5.6 | (2.4) | (2.8) | (6.8) | (54.5) | (64.6) | (42.4) | (40.3) | (28.2) | (129.3) | (55.3) | (56.2) | (29.9) | 32.7 | 58.9 | 29.1 | 37.3 | 10.1 | 1.0 | 9.7 | (6.1) | 1.0 | 4.9 | (0.3) |
| Depreciation & Amortization | 7.1 | 5.9 | 6.5 | 6.1 | 5.8 | 6.4 | 4.7 | 5.4 | 4.8 | 5.6 | 9.1 | 4.9 | 4.4 | 6.4 | 3.7 | 3.7 | 3.4 | 2.8 | 2.6 | 2.2 | 2.0 | 0.8 | 0.6 | 0.6 | 0.5 | 0.5 | 0.5 | 0.1 |
| Stock-Based Compensation | 44.5 | 34.8 | 32.5 | 34.2 | 35.5 | 29.8 | 29.8 | 33.6 | 34.2 | 35.8 | 32.8 | 35.6 | 32.6 | 74.1 | 33.9 | 36.7 | 30.3 | 25.1 | 0 | 20.3 | 21.2 | 8.6 | 4.4 | 2.6 | 2.5 | 2.0 | 1.6 | 0.8 |
| Change in Working Capital | (327.2) | (44.9) | 44.7 | (14.0) | 38.6 | (42.7) | 18.7 | 23.7 | 19.1 | (26.9) | 5.8 | 4.3 | 51.6 | (79.5) | (2.5) | (26.1) | (27.7) | 34.4 | (99.6) | 2.9 | 39.4 | 0.0 | 8.2 | 3.0 | 11.8 | (11.8) | 2.6 | 0 |
| Other Non-Cash Items | 122.4 | (122.4) | 6.3 | (180.8) | (205.7) | (4.6) | (161.4) | 123.3 | 69.9 | 94.4 | (149.0) | (112.2) | 156.9 | 52.5 | (232.7) | (59.4) | (29.8) | (361.7) | 11.2 | (10.9) | (7.0) | 23.5 | 44.0 | (2.7) | 4.9 | (90.2) | 1.1 | (0.7) |
| Operating Cash Flow | (136.6) | (133.3) | 108.6 | (122.6) | (120.2) | (13.5) | (110.9) | 179.3 | 73.6 | 44.3 | (143.7) | (107.7) | 217.3 | (75.7) | (252.9) | (101.4) | (53.6) | (266.8) | (26.9) | 43.6 | 92.8 | 43.1 | 68.5 | 17.7 | 16.0 | (86.5) | 10.6 | 0 |
| Investing Activities | ||||||||||||||||||||||||||||
| Capital Expenditure | 2.2 | (7.0) | (3.9) | (4.0) | (4.4) | (6.2) | (3.4) | (2.5) | (2.3) | (1.7) | (1.7) | (2.9) | (2.0) | (5.5) | (5.0) | (5.5) | (7.1) | (5.3) | (3.5) | (3.0) | (1.7) | (0.6) | (1.4) | (1.7) | (1.2) | (1.4) | (4.0) | 0 |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.2) | 0 | (16.6) | 0 | (82.2) | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (16.9) | (17.4) | (13.1) | (26.4) | 0 | (5.2) | 0 | 0 | (1) | (66.7) | (90.2) | (29.6) | 0 | (9.7) | 0 | 0 | 0 | (0.5) | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50.4 | 8.3 | 5.9 | 0 | 97.3 | 0 | 0 | 0 | 3.7 | 0 |
| Other Investing Activities | 96.1 | 3.6 | 131.9 | (120.4) | (109.7) | (72.4) | (74.5) | (46.1) | (76.1) | (19.9) | (12.3) | (11.0) | (12.0) | (24.7) | (78.1) | (22.7) | (6.0) | 7.8 | 2.3 | 2.8 | 3.2 | 1.2 | 4.6 | 5.8 | 16.1 | 110.1 | (7.6) | 0 |
| Investing Cash Flow | 94.1 | 0.9 | 131.7 | (120.5) | (109.8) | (78.6) | (77.9) | (46.2) | (76.1) | (37.5) | (29.9) | (24.2) | (38.5) | (25.9) | (85.1) | (24.2) | (9.9) | 5.2 | (19.8) | (84.4) | (40.6) | 0.9 | 8.8 | 4.1 | 14.9 | 108.7 | (8.1) | 0 |
| Financing Activities | ||||||||||||||||||||||||||||
| Net Debt Issuance | 87.0 | 83.7 | (36.8) | 425.8 | 81.7 | (80.1) | 503.3 | (4.7) | 113.5 | (49.5) | 23.0 | 227.3 | (71.0) | 13.7 | 66.7 | 61.6 | 86.6 | 73.0 | 61.2 | 658.3 | (35.9) | (20.8) | (38.0) | (7.2) | (7.1) | (29.9) | (21.0) | 0 |
| Stock Repurchased | 0 | (100.1) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (27.8) | (25.0) | 0 | 0 | 0 | (58.5) | (0.2) | 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 |
| Other Financing Activities | 11.7 | 17.9 | 14.3 | (55.6) | 8.6 | 22.5 | (3.1) | (33.3) | 10.4 | 14.1 | 3.4 | 9.8 | (49.8) | 7.3 | 1.6 | 4.5 | (121.3) | 10.1 | 0 | (15.7) | 265.4 | 1.5 | 161.3 | 0.3 | (0.2) | (0.2) | (0.8) | 0 |
| Financing Cash Flow | 93.5 | 6.7 | (20.2) | 378.6 | 91.9 | (44.7) | 509.3 | (38.0) | 124.0 | (35.4) | 26.4 | 237.1 | (120.8) | 21.0 | 40.5 | 41.1 | (34.7) | 83.1 | 66.1 | 595.0 | 229.3 | (19.3) | 123.4 | (6.9) | (7.3) | (30.1) | (22.5) | 0 |
| Cash Position | ||||||||||||||||||||||||||||
| Net Change in Cash | 50.9 | (125.7) | 220.1 | 135.4 | (138.1) | (136.7) | 320.5 | 95.1 | 121.5 | (28.6) | (147.2) | 105.1 | 58.0 | (80.6) | (297.5) | (84.5) | (98.3) | (178.5) | 19.5 | 554.2 | 281.5 | 24.7 | 200.7 | 14.9 | 23.6 | (7.9) | (20.0) | 0 |
| Cash at Beginning | 931.3 | 1,057.0 | 836.9 | 701.5 | 839.5 | 976.3 | 655.8 | 560.6 | 439.2 | 467.8 | 615.0 | 509.9 | 451.9 | 532.5 | 829.9 | 914.4 | 1,012.7 | 1,191.2 | 1,171.8 | 617.5 | 336.1 | 311.3 | 110.6 | 95.7 | 72.2 | 80.1 | 100.1 | 0 |
| Cash at End | 982.3 | 931.3 | 1,057.0 | 836.9 | 701.5 | 839.5 | 976.3 | 655.8 | 560.6 | 439.2 | 467.8 | 615.0 | 509.9 | 451.9 | 532.5 | 829.9 | 914.4 | 1,012.7 | 1,191.2 | 1,171.8 | 617.5 | 336.1 | 311.3 | 110.6 | 95.7 | 72.2 | 80.1 | 0 |
| Free Cash Flow | (134.4) | (140.3) | 104.6 | (126.6) | (124.5) | (19.6) | (114.3) | 176.8 | 71.3 | 42.6 | (145.4) | (110.7) | 215.3 | (81.2) | (257.9) | (106.9) | (60.8) | (272.1) | (30.3) | 40.6 | 91.1 | 42.5 | 67.2 | 16.0 | 14.8 | (87.9) | 6.5 | 0 |
| 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 | 2020 Q3 | 2020 Q2 | 2020 Q1 | 2019 Q4 | 2019 Q3 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||||||||||||||
| Revenue | 377.2 | 318.6 | 304.2 | 285.9 | 265.1 | 220.4 | 226.4 | 173.0 | 139.1 | 138.5 | 148.9 | 144.0 | 140.0 | 110.1 | 146.8 | 160.3 | 230.5 | 311.1 | 304.2 | 228.7 | 195.4 | 122.4 | 78.7 | 64.2 | 19.6 | 67.5 | 68.1 | 49.5 |
| Gross Profit | 364.7 | 308.2 | 276.2 | 277.1 | 257.3 | 213.4 | 211.3 | 162.1 | 127.6 | 127.8 | 134.9 | 134.6 | 135.8 | 102.9 | 142.2 | 157.2 | 228.2 | 310.1 | 303.7 | 228.4 | 193.9 | 121.3 | 77.7 | 62.8 | 17.3 | 64.3 | 63.8 | 42.8 |
| Operating Income | 17.2 | (6.6) | 19.2 | 31.9 | 5.7 | (2.4) | (2.6) | (6.7) | (54.5) | (64.6) | (42.3) | (40.3) | (28.1) | (129.2) | (55.7) | (56.2) | (29.8) | 32.7 | 59.3 | 27.8 | 36.3 | 10.3 | 1.4 | 9.7 | (6.1) | 1.0 | 4.9 | 2.0 |
| Net Income | 16.5 | (6.6) | 18.6 | 31.8 | 5.6 | (2.4) | (2.8) | (6.8) | (54.5) | (64.6) | (42.4) | (40.3) | (28.2) | (129.3) | (55.3) | (56.2) | (29.9) | 32.7 | 58.9 | 29.1 | 37.3 | 10.1 | 1.0 | 9.7 | (6.2) | 1.5 | 6.1 | (0.3) |
| EPS (Diluted) | 0.16 | -0.07 | 0.17 | 0.25 | 0.05 | -0.03 | -0.03 | -0.07 | -0.62 | -0.74 | -0.50 | -0.48 | -0.34 | -1.58 | -0.67 | -0.69 | -0.36 | 0.34 | 0.60 | 0.30 | 0.39 | 0.11 | 0.04 | 0.10 | -0.22 | 0.10 | 0.42 | -0.02 |
| Balance Sheet | ||||||||||||||||||||||||||||
| Cash & Equivalents | 456.0 | 931.3 | 657.4 | 494.9 | 400.6 | 605.4 | 793.6 | 450.2 | 379.7 | 307.0 | 377.3 | 525.2 | 453.9 | 396.8 | 432.4 | 692.8 | 800.9 | 766.6 | 995.0 | 1,049.7 | 514.4 | 265.2 | 258.8 | 50.8 | ||||
| Total Assets | 3,171.3 | 2,961.7 | 2,974.8 | 2,904.8 | 2,477.9 | 2,296.3 | 2,367.0 | 1,809.0 | 1,820.2 | 1,927.7 | 2,017.1 | 2,001.8 | 1,763.7 | 1,821.7 | 1,936.1 | 1,915.3 | 1,917.0 | 1,987.6 | 1,820.5 | 1,606.1 | 904.6 | 488.6 | 477.3 | 393.5 | ||||
| Total Debt | 2,025.5 | 1,978.4 | 1,850.3 | 1,896.3 | 1,472.3 | 1,381.9 | 1,452.4 | 940.7 | 969.1 | 1,064.6 | 1,102.7 | 1,096.7 | 1,026.9 | 1,099.9 | 1,087.2 | 1,018.3 | 956.4 | 869.3 | 795.8 | 721.4 | 23.8 | 60.5 | 82.1 | 135.7 | ||||
| Stockholders' Equity | 797.5 | 733.2 | 798.8 | 743.7 | 722.0 | 676.6 | 633.2 | 595.5 | 594.7 | 612.8 | 635.3 | 640.8 | 638.1 | 627.2 | 672.4 | 718.6 | 757.1 | 876.5 | 807.1 | 719.1 | 716.1 | 320.6 | 300.3 | (62.7) | ||||
| Cash Flow | ||||||||||||||||||||||||||||
| Operating Cash Flow | (136.6) | (133.3) | 108.6 | (122.6) | (120.2) | (13.5) | (110.9) | 179.3 | 73.6 | 44.3 | (143.7) | (107.7) | 217.3 | (75.7) | (252.9) | (101.4) | (53.6) | (266.8) | (26.9) | 43.6 | 92.8 | 43.1 | 68.5 | 17.7 | 16.0 | (86.5) | 10.6 | 0 |
| Capital Expenditure | 2.2 | (7.0) | (3.9) | (4.0) | (4.4) | (6.2) | (3.4) | (2.5) | (2.3) | (1.7) | (1.7) | (2.9) | (2.0) | (5.5) | (5.0) | (5.5) | (7.1) | (5.3) | (3.5) | (3.0) | (1.7) | (0.6) | (1.4) | (1.7) | (1.2) | (1.4) | (4.0) | 0 |
| Free Cash Flow | (134.4) | (140.3) | 104.6 | (126.6) | (124.5) | (19.6) | (114.3) | 176.8 | 71.3 | 42.6 | (145.4) | (110.7) | 215.3 | (81.2) | (257.9) | (106.9) | (60.8) | (272.1) | (30.3) | 40.6 | 91.1 | 42.5 | 67.2 | 16.0 | 14.8 | (87.9) | 6.5 | 0 |