Velocity Financial, Inc. logo VEL - Velocity Financial, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 5
HOLD 1
SELL 1
STRONG
SELL
0
| PRICE TARGET: $23.00 DETAILS
HIGH: $23.00
LOW: $23.00
MEDIAN: $23.00
CONSENSUS: $23.00
UPSIDE: 33.95%
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
Revenue
Revenue 167.9 182.3 172.3 166.0 119.3 124.9 119.3 114.4 98.6 103.1 91.3 84.5 79.6 73.4 62.9 58.0 54.9 49.5 45.2 45.5 41.6 44.3 40.6 36.7 44.0 43.0 38.2 35.6 36.0 31.8 31.6 29.9 12.6 12.4 25.9 24.3 22.0
Cost of Revenue 14.2 17.2 95.4 89.6 81.2 17.7 69.9 65.6 8.2 56.4 51.9 49.9 46.8 44.6 39.2 33.2 41.4 28.5 25.0 23.9 28.3 23.7 25.8 24.9 30.5 27 26.0 23.9 22.8 21.4 20.0 17.7 0 0 1.3 1.2 1.1
Gross Profit 153.8 165.1 76.9 76.4 38.0 107.2 49.3 48.9 90.4 46.8 39.4 34.7 32.8 28.9 23.8 24.8 13.5 21.0 20.2 21.6 13.4 20.5 14.7 11.8 13.5 16.0 12.2 11.8 13.2 10.5 11.7 12.2 12.6 12.4 24.6 23.1 20.9
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 0 0 0 0 0 0
SG&A Expenses 5.8 0 23.6 22.9 1.8 23.4 18.1 17.2 15.9 18.4 13.0 11.1 10.5 16.1 7.2 7.0 5.8 12.1 5.2 5.0 5.6 11.0 6.1 6.3 5.5 10.2 4.1 4.2 4.3 9.2 4.1 4.1 4.6 4.1 4.8 5.2 4.6
Other Expenses 1.1 5.6 17.9 19.6 42.3 (23.5) 10.0 11.8 (13.2) 6.0 9.2 6.7 7.6 1.1 2.5 3.1 3.7 (2.5) 4.1 3.8 3.1 (2.3) 3.6 2.8 4.3 (2.3) 2.4 2.6 2.3 (2.1) 2.7 2.2 0 0 0 0 0
Operating Expenses 6.9 5.6 41.5 42.5 44.1 (0.1) 28.1 29.0 2.6 24.5 22.2 17.8 18.0 17.2 9.7 10.0 9.5 9.6 9.3 8.7 8.8 8.8 9.7 9.2 9.8 7.9 6.5 6.8 6.6 7.1 6.8 6.2 4.6 6.6 4.8 5.2 4.6
Operating Income
Operating Income 146.9 159.5 35.4 33.9 (6.0) 107.2 21.2 19.9 87.7 22.3 17.2 16.8 14.8 11.7 14.0 14.8 4.0 11.4 10.9 12.9 4.6 11.8 5.0 2.6 3.7 8.1 5.7 5.0 6.6 3.4 4.8 6.0 8.0 8.2 19.7 17.9 16.4
Interest Expense 109.2 100.8 95.0 88.0 75.1 74.6 63.9 47.7 61.1 55.5 51.7 49.6 46.2 45.0 38.6 32.9 40.7 28.1 24.8 24.9 28.2 23.3 24.3 23.1 29.2 26.8 25.7 23.7 22.4 21.1 19.8 18.0 0 0 0 0 0
Interest Income 154.5 153.9 145.7 137.1 118.7 114.9 105.1 96.3 90.5 88.0 80.4 76.1 70.5 65.6 63.4 59.2 52.0 49.4 46.9 45.0 40.7 41.6 41.4 39.8 44.6 44.1 40.4 36.9 36.1 33.6 32.2 30.3 0 0 0 0 0
Profitability
EBITDA 140.0 151.6 35.7 34.3 102.1 107.2 21.9 20.4 87.3 23.1 17.8 17.3 15.3 12.2 14.6 15.3 4.6 12.0 11.5 13.4 5.3 12.4 5.6 3.2 4.3 8.8 6.2 5.6 7.2 3.8 5.2 6.0 22.3 21.8 19.7 17.9 16.4
EBIT 140.0 150.8 35.4 33.9 102.0 106.9 21.2 19.9 86.7 22.3 17.2 16.8 14.8 11.7 14.0 14.8 4.0 11.4 10.9 12.9 4.6 11.8 5.0 2.6 3.7 8.1 5.7 5.0 6.6 3.4 4.8 6.0 22.3 21.8 19.7 17.9 16.4
Income Before Tax 30.9 50.0 35.4 33.9 26.9 32.0 21.2 19.9 23.2 22.3 17.2 16.8 14.8 11.7 14.0 14.8 4.0 11.4 10.9 12.9 4.6 11.8 5.0 2.6 3.7 8.1 5.7 5.0 6.6 3.4 4.8 6.0 5.5 5.7 3.7 2.7 1.9
Income Tax Expense 8.6 15.3 10.0 7.8 8.2 11.2 5.6 5.2 5.9 5.1 5.1 4.6 4.0 3.5 3.8 4.0 0.8 3.0 2.9 3.4 1.2 2.2 1.5 0.5 1.1 3.0 1.8 1.4 1.9 1.5 1.5 1.7 2.9 0 0 0 0
Net Income 22.4 34.8 25.4 26.0 18.4 20.6 15.8 14.8 17.3 17.4 12.1 12.2 10.6 8.5 10.0 10.6 3.1 8.4 8.0 9.5 3.4 9.6 3.5 2.1 2.6 5.2 3.9 3.5 4.7 2.0 3.3 4.3 1.0 5.7 3.7 2.7 1.9
Per Share Data
EPS (Basic) 0.57 0.91 0.66 0.69 0.55 0.62 0.48 0.45 0.52 0.53 0.37 0.37 0.33 0.26 0.31 0.33 0.10 0.26 0.25 0.29 0.11 0.48 0.17 -2.33 0.13 0.26 0.20 0.30 0.40 0.17 0.28 0.37 0.23 0.05 0.18 0.14 0.09
EPS (Diluted) 0.56 0.90 0.65 0.68 0.51 0.56 0.43 0.41 0.48 0.49 0.34 0.36 0.31 0.24 0.29 0.31 0.09 0.24 0.23 0.28 0.10 0.29 0.11 -2.33 0.13 0.26 0.20 0.30 0.40 0.17 0.28 0.37 0.23 0.05 0.18 0.14 0.09
Shares Outstanding 38.6 36.9 38.1 37.2 33.7 32.7 32.7 32.6 32.5 32.3 32.3 32.1 32.1 31.9 31.9 31.9 31.9 30.9 20.1 20.1 20.1 20.1 20.1 20.1 20.1 113.6 19.0 11.7 20.1 113.6 11.7 20.1 20.1 113.6 20.1 20.1 20.1
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 2018 Q4 2018 Q3 2017 Q4
Current Assets
Cash & Cash Equivalents 112.0 92.1 99.0 79.6 51.7 50.1 44.1 47.4 59.0 40.8 29.4 34.0 39.4 45.4 26.4 46.2 36.6 36.1 35.5 27.7 20.4 13.9 19.2 9.8 7.6 22.6 8.8 14.1 16.0 33.8 15.4
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
Net Receivables 196.3 51.6 46.6 186.3 162.1 160.1 130.9 120.0 119.0 120.9 95.1 87.8 87.3 95.5 87.3 92.8 97.0 89.3 69.9 94.8 92.8 86.5 58.0 58.4 54.9 67.7 58.4 48.3 52.7 0 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
Other Current Assets 0 0 2.8 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
Total Current Assets 308.4 143.7 148.3 265.9 213.8 212.3 175.0 167.4 178.1 163.7 124.5 121.8 126.6 142.8 113.7 139.1 133.6 127.1 105.4 122.5 113.2 101.7 77.2 68.2 62.5 91.9 67.2 62.4 69.8 33.8 15.4
Non-Current Assets
Property, Plant & Equipment 1.3 1.4 1.5 1.5 1.6 4.2 1.7 1.9 2.0 5.3 2.9 3.0 3.2 5.8 3.5 3.6 3.7 7.6 3.3 3.6 3.9 8.9 4.4 4.7 5.0 10.7 4.9 5.0 5.5 5.8 0.8
Goodwill 6.8 6.8 6.8 6.8 6.8 6.8 6.8 6.8 6.8 6.8 6.8 6.8 6.8 6.8 6.8 6.8 6.8 6.8 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 12.6 13.0 12.6 12.9 12.6 13.7 12.4 12.2 9.0 8.6 9.8 9.4 9.1 9.2 9.9 8.4 7.7 7.2 0 0 0 0 0 0 0 0 0 0 0 0 4.9
Long-Term Investments 0.5 0.1 0.0 6,053.2 5,614.2 5,186.9 4,900.3 4,591.3 4,379.0 4,151.6 3,918.6 3,763.3 0 3,548.4 3,463.1 3,120.2 2,907.2 2,617.3 2,297.1 2,093.0 2,009.9 1,962.8 2,004.4 2,077.1 2,148.6 2,080.8 0 0 1,650.3 0 0
Other Non-Current Assets (13.1) (13.0) (12.6) 123.0 111.5 89.9 91.8 92.6 195.0 66.3 54.0 45.0 (6.6) 31.0 46.2 39.5 34.4 30.0 34.3 35.2 28.6 22.8 39.0 31.4 31.2 23.2 (4.9) (5.0) 9.1 1,599.7 1,350.7
Total Non-Current Assets 26.6 30.9 24.9 6,210.0 5,757.8 5,315.1 5,027.5 4,706.0 4,593.4 4,240.9 3,992.8 3,829.4 12.5 3,606.2 3,533.7 3,193.7 2,976.1 2,685.4 2,351.8 2,145.1 2,051.6 2,001.2 2,049.7 2,118.8 2,194.8 2,122.9 4.9 5.0 1,665.5 1,605.5 1,356.4
Total Assets 7,591.4 7,381.5 6,958.7 6,475.9 5,971.5 5,527.4 5,202.5 4,873.4 4,628.2 4,404.6 4,117.3 3,951.1 3,837.1 3,749.0 3,647.4 3,332.7 3,109.7 2,812.5 2,457.2 2,267.6 2,164.8 2,102.9 2,126.9 2,187.1 2,257.4 2,214.8 2,064.5 1,873.6 1,735.2 1,639.2 1,371.8
Current Liabilities
Account Payables 173.1 168.3 170.6 164.9 153.5 147.8 140.5 138.0 124.0 122.0 97.9 95.3 85.0 91.5 75.2 78.4 92.8 92.2 79.4 70.0 65.0 63.4 61.9 55.9 58.6 56.1 41.8 30.7 26.8 0 0
Short-Term Debt 98.0 309.5 332.4 331.1 570.0 348.1 434.0 237.4 360.2 334.8 215.2 235.7 298.3 330.8 340.1 208.4 424.7 301.1 258.5 151.9 203.3 75.9 19.5 160.8 297.5 421.5 349.1 280.0 215.9 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 0 0 0 0 0
Other Current Liabilities 214.4 (168.3) (170.6) 0 0 0 0 0 0 0 0 0 (383.3) 0 0 0 0 0 0 0 0 0 0 0 0 0 (390.9) (310.6) 0 0 0
Total Current Liabilities 485.4 309.5 332.4 496.0 723.5 495.9 574.6 375.5 484.2 456.7 313.0 331.1 0 422.3 415.2 286.8 517.5 393.3 337.9 221.9 268.3 139.3 81.4 216.7 356.1 477.7 390.9 310.6 242.7 0 0
Non-Current Liabilities
Long-Term Debt 6,624.0 6,229.0 5,818.3 5,378.3 4,680.8 4,511.3 4,138.7 4,022.8 3,687.6 3,507.3 3,384.2 3,214.8 3,062.6 2,946.1 2,861.4 2,686.5 2,244.3 2,074.7 1,787.1 1,722.2 1,583.1 1,654.0 1,745.7 1,674.3 1,650.8 1,584.2 1,523.0 1,388.5 1,329.2 1,438.9 1,194.2
Deferred Tax Liabilities 0 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 0
Other Non-Current Liabilities 173.1 165.2 170.6 0.6 1.0 0 1.5 0.4 484.2 3.7 0 0 (3,062.6) 0 0 0 0 0 90 90 90 90 90 90 0 0 (1,523.0) (1,388.5) 26.5 0 0
Total Non-Current Liabilities 6,409.6 6,398.5 5,988.8 5,378.8 4,681.8 4,511.3 4,140.2 4,023.2 4,171.8 3,511.0 3,384.2 3,214.8 0 2,946.1 2,861.4 2,686.5 2,244.3 2,074.7 1,877.1 1,812.2 1,673.1 1,744.0 1,835.7 1,764.3 1,650.8 1,584.2 1,913.9 1,699.1 1,355.7 1,438.9 1,194.2
Total Liabilities 6,895.0 6,705.8 6,321.2 5,874.8 5,405.3 5,007.2 4,714.8 4,398.6 4,171.8 3,967.7 3,697.3 3,545.9 3,445.9 3,368.5 3,276.6 2,973.2 2,761.8 2,468.0 2,215.0 2,034.1 1,941.4 1,883.3 1,917.1 1,981.0 2,006.9 2,061.9 1,913.9 1,726.5 1,598.4 1,438.9 1,194.2
Stockholders' Equity
Common Stock 0.4 0.4 0.4 0.4 0.4 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0 150.6 147.0 0 151.9 130.9
Retained Earnings 324.7 302.4 267.6 242.2 216.2 197.3 176.7 160.9 146.2 128.9 112.5 99.5 87.3 76.6 68.2 58.2 47.5 44.4 36.1 28.0 18.6 15.2 5.6 2.1 2.5 0 0 0 0 0 0
Accumulated Other Comprehensive Income (2.3) (2.6) (2.9) (3.2) (1.8) (0.8) (2.7) 1.6 0.8 (1.2) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Stockholders' Equity 696.4 672.5 634.3 597.9 563.2 516.9 484.6 471.3 452.9 433.4 416.4 401.7 387.6 376.8 366.8 355.9 344.4 341.1 242.2 233.5 223.5 219.6 209.8 206.0 250.4 152.8 150.6 147.0 136.8 177.9 155.6
Total Liabilities & Equity 7,591.4 7,381.5 6,958.7 6,475.9 5,971.5 5,527.4 5,202.5 4,873.4 4,628.2 4,404.6 4,117.3 3,951.1 3,837.1 3,749.0 3,647.4 3,332.7 3,109.7 2,812.5 2,457.2 2,267.6 2,164.8 2,102.9 2,126.9 2,187.1 2,257.4 2,214.8 2,064.5 1,873.6 1,735.2 1,616.8 1,349.8
Debt Metrics
Total Debt 6,722.0 6,537.5 6,150.6 5,709.3 5,250.8 4,859.4 4,572.8 4,260.2 4,047.8 3,842.1 3,599.4 3,450.6 3,360.9 3,276.9 3,201.5 2,894.8 2,669.0 2,375.8 2,045.6 1,874.1 1,786.4 1,729.9 1,765.2 1,835.1 1,948.3 2,005.8 1,872.1 1,668.5 1,545.2 1,438.9 1,194.2
Net Debt 6,609.9 6,445.4 6,051.7 5,629.8 5,199.2 4,809.3 4,528.7 4,212.9 3,988.7 3,801.3 3,570.0 3,416.6 3,321.5 3,231.5 3,175.1 2,848.6 2,632.4 2,339.7 2,010.1 1,846.3 1,765.9 1,716.0 1,746.0 1,825.3 1,940.7 1,983.2 1,863.3 1,654.4 1,529.2 1,405.1 1,178.8
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
Operating Activities
Net Income 22.1 34.8 25.4 26.2 18.6 20.8 16.0 14.8 17.3 17.1 12.2 12.2 10.6 8.5 10.3 10.8 3.2 8.0 8.0 9.5 3.4 9.6 3.5 2.1 2.6 5.2 3.9 3.5 4.7 2.0 3.3 4.3 2.6 5.7
Depreciation & Amortization 0.3 0.8 0.3 0.3 0.6 0.3 0.6 0.6 0.5 0.8 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.6 0.6 0.5 0.7 0.6 0.6 0.6 0.6 0.7 0.5 0.6 0.6 0.4 0.4 0.4 0.4 0.2
Stock-Based Compensation 0 2.1 2.2 2.0 2.0 1.6 1.6 1.6 1.4 0 1.2 1.0 1 1.2 0.9 0.8 0.7 0 0.5 0.5 0.5 0.3 0.2 0.3 0.2 0 4.7 0 0 0 0 0 0 0
Change in Working Capital 2.6 (5.0) 5.3 (2.1) 0.6 7.6 8.4 0.8 2.8 11.9 (0.6) 14.1 (8.5) 14.9 (15.2) (15.6) (2.1) 0.5 7.4 (0.1) 5.0 11.7 0.0 (1.6) (0.6) 8.4 (6.6) (13.0) 11.8 (6.9) 3.4 (7.0) (7.0) (3.7)
Other Non-Cash Items (12.9) (31.1) (17.5) (17.9) (21.2) 3.3 (32.4) (6.5) (12.0) (9.7) (24.2) 15.8 (18.1) 15.6 (11.8) 3.4 9.4 7.0 5.9 4.1 3.5 0.2 5.6 16.4 0.4 (38.3) (88.1) (20.1) 23.8 (44.8) 8.5 (16.0) (14.3) 10.7
Operating Cash Flow 12.0 (4.5) 11.5 7.7 3.5 33.3 (17.6) 11.5 10.6 20.1 (9.8) 44.4 (11.9) 40.0 (4.4) 1.3 11.8 16.1 18.7 10.5 10.4 17.5 13.6 22.4 1.4 (28.1) (86.4) (30.4) 39.6 (51.4) 15.6 (18.3) (18.3) 13.0
Investing Activities
Capital Expenditure (0.0) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.0) (0.1) (0.0) 0 (0.0) (0.1) (0.1) (0.2) (0.1) (0.0) (0.1) (0.1) (0.0) (0.2) (0.3) (0.3) (0.7) (0.5) (0.6) (0.6) (0.3) (0.5) (0.4) (0.4) (0.4) (0.6)
Acquisitions 0 0 0 0 0 0 (0.6) 0 0 0 0 0 0 0 0 0 0 (10.8) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments (4.8) 0 0 0 0 0 (14.9) 0 0 1.4 0 0 0 5.0 0 0 0 1.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 23.0 128.9 0 0 0 0 32.9 0 5.7 16.6 0 0 0 0 0 0 0 13.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities (369.5) (379.0) (429.0) (441.1) (401.3) (356.0) (297.1) (196.8) (218.1) (235.8) (148.2) (141.0) (71.5) (94.1) (311.1) (214.1) (293.6) (341.8) (176.6) (85.9) (53.6) 14.4 70.7 54.8 (51.4) (86.4) (90.9) (75.9) (51.9) (70.6) (80.5) (58.9) (58.9) (69.2)
Investing Cash Flow (351.3) (250.1) (429.1) (441.2) (401.4) (356.1) (279.7) (196.8) (212.4) (217.9) (148.2) (141.0) (71.6) (89.2) (311.2) (214.2) (293.7) (338.3) (176.7) (86.0) (53.7) 14.4 70.6 54.8 (52.1) (86.9) (91.1) (76.0) (52.0) (70.8) (80.8) (59.3) (59.3) (69.8)
Financing Activities
Net Debt Issuance (4.4) 385.0 429.7 448.5 375.1 319.1 285.3 205.2 202.4 211.7 154.5 92.0 78.5 72.2 304.9 230.2 292.2 324.8 171.6 88.1 61.1 (38.3) (70.5) (114.1) (60.2) 133.6 212.8 103.4 17.8 109.1 87.3 0 0 63.6
Stock Repurchased (4.5) (0.0) (0.2) (5.0) 0 0 0 (0.3) (1.3) (0.0) 0 (0.0) (0.8) 0 0 0 (0.5) 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
Other Financing Activities 211.1 0 (0.2) (0.0) (2.4) (2.5) (0.6) (0.4) (2.3) 0 (0.8) (1.5) (0.2) (2.5) (3.8) (9.2) (10.1) 0 (4.3) (4.1) (11.0) (0.3) (3.3) 41.4 (5.3) (3.0) (11.3) (0.3) (3.2) (4.7) (0.5) 76.2 76.2 (10.3)
Financing Cash Flow 202.1 386.0 438.2 456.3 401.5 326.4 284.9 206.0 199.0 212.6 154.3 91.4 77.5 70.3 301.1 221.0 281.7 324.7 167.4 83.9 50.2 (38.7) (73.8) (72.7) 35.3 130.6 173.8 103.1 14.6 104.3 86.8 76.2 76.2 53.3
Cash Position
Net Change in Cash (137.2) 131.4 20.6 22.7 3.6 3.6 (12.4) 20.6 (2.9) 14.8 (3.7) (5.3) (6.0) 21.2 (14.6) 8.0 (0.1) 2.5 9.4 8.4 6.9 (6.7) 10.5 4.4 (15.4) 15.6 (3.6) (3.3) 2.3 (17.9) 21.6 (1.4) (1.4) (3.5)
Cash at Beginning 249.2 117.8 97.2 74.5 70.8 67.3 79.7 59.0 61.9 47.1 50.8 56.0 62.1 40.9 55.5 47.5 47.6 45.1 35.7 27.2 20.3 27.0 16.5 12.1 27.6 12.0 15.6 18.9 16.7 34.5 12.9 0 15.7 19.2
Cash at End 112.0 249.2 117.8 97.2 74.5 70.8 67.3 79.7 59.0 61.9 47.1 50.8 56.0 62.1 40.9 55.5 47.5 47.6 45.1 35.7 27.2 20.3 27.0 16.5 12.1 27.6 12.0 15.6 18.9 16.7 34.5 (1.4) 14.3 15.7
Free Cash Flow 12 (4.6) 11.3 7.6 3.4 33.2 (17.6) 11.4 10.5 20.0 (9.8) 44.4 (12.0) 40.0 (4.5) 1.1 11.8 16.1 18.6 10.4 10.4 17.3 13.3 22.1 0.6 (28.6) (87) (31.0) 39.3 (51.9) 15.2 (18.7) (18.7) 12.4
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
Income Statement
Revenue 167.9 182.3 172.3 166.0 119.3 124.9 119.3 114.4 98.6 103.1 91.3 84.5 79.6 73.4 62.9 58.0 54.9 49.5 45.2 45.5 41.6 44.3 40.6 36.7 44.0 43.0 38.2 35.6 36.0 31.8 31.6 29.9 12.6 12.4 25.9 24.3 22.0
Gross Profit 153.8 165.1 76.9 76.4 38.0 107.2 49.3 48.9 90.4 46.8 39.4 34.7 32.8 28.9 23.8 24.8 13.5 21.0 20.2 21.6 13.4 20.5 14.7 11.8 13.5 16.0 12.2 11.8 13.2 10.5 11.7 12.2 12.6 12.4 24.6 23.1 20.9
Operating Income 146.9 159.5 35.4 33.9 (6.0) 107.2 21.2 19.9 87.7 22.3 17.2 16.8 14.8 11.7 14.0 14.8 4.0 11.4 10.9 12.9 4.6 11.8 5.0 2.6 3.7 8.1 5.7 5.0 6.6 3.4 4.8 6.0 8.0 8.2 19.7 17.9 16.4
Net Income 22.4 34.8 25.4 26.0 18.4 20.6 15.8 14.8 17.3 17.4 12.1 12.2 10.6 8.5 10.0 10.6 3.1 8.4 8.0 9.5 3.4 9.6 3.5 2.1 2.6 5.2 3.9 3.5 4.7 2.0 3.3 4.3 1.0 5.7 3.7 2.7 1.9
EPS (Diluted) 0.56 0.90 0.65 0.68 0.51 0.56 0.43 0.41 0.48 0.49 0.34 0.36 0.31 0.24 0.29 0.31 0.09 0.24 0.23 0.28 0.10 0.29 0.11 -2.33 0.13 0.26 0.20 0.30 0.40 0.17 0.28 0.37 0.23 0.05 0.18 0.14 0.09
Balance Sheet
Cash & Equivalents 112.0 92.1 99.0 79.6 51.7 50.1 44.1 47.4 59.0 40.8 29.4 34.0 39.4 45.4 26.4 46.2 36.6 36.1 35.5 27.7 20.4 13.9 19.2 9.8 7.6 22.6 8.8 14.1 16.0 33.8 15.4
Total Assets 7,591.4 7,381.5 6,958.7 6,475.9 5,971.5 5,527.4 5,202.5 4,873.4 4,628.2 4,404.6 4,117.3 3,951.1 3,837.1 3,749.0 3,647.4 3,332.7 3,109.7 2,812.5 2,457.2 2,267.6 2,164.8 2,102.9 2,126.9 2,187.1 2,257.4 2,214.8 2,064.5 1,873.6 1,735.2 1,639.2 1,371.8
Total Debt 6,722.0 6,537.5 6,150.6 5,709.3 5,250.8 4,859.4 4,572.8 4,260.2 4,047.8 3,842.1 3,599.4 3,450.6 3,360.9 3,276.9 3,201.5 2,894.8 2,669.0 2,375.8 2,045.6 1,874.1 1,786.4 1,729.9 1,765.2 1,835.1 1,948.3 2,005.8 1,872.1 1,668.5 1,545.2 1,438.9 1,194.2
Stockholders' Equity 696.4 672.5 634.3 597.9 563.2 516.9 484.6 471.3 452.9 433.4 416.4 401.7 387.6 376.8 366.8 355.9 344.4 341.1 242.2 233.5 223.5 219.6 209.8 206.0 250.4 152.8 150.6 147.0 136.8 177.9 155.6
Cash Flow
Operating Cash Flow 12.0 (4.5) 11.5 7.7 3.5 33.3 (17.6) 11.5 10.6 20.1 (9.8) 44.4 (11.9) 40.0 (4.4) 1.3 11.8 16.1 18.7 10.5 10.4 17.5 13.6 22.4 1.4 (28.1) (86.4) (30.4) 39.6 (51.4) 15.6 (18.3) (18.3) 13.0
Capital Expenditure (0.0) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.0) (0.1) (0.0) 0 (0.0) (0.1) (0.1) (0.2) (0.1) (0.0) (0.1) (0.1) (0.0) (0.2) (0.3) (0.3) (0.7) (0.5) (0.6) (0.6) (0.3) (0.5) (0.4) (0.4) (0.4) (0.6)
Free Cash Flow 12 (4.6) 11.3 7.6 3.4 33.2 (17.6) 11.4 10.5 20.0 (9.8) 44.4 (12.0) 40.0 (4.5) 1.1 11.8 16.1 18.6 10.4 10.4 17.3 13.3 22.1 0.6 (28.6) (87) (31.0) 39.3 (51.9) 15.2 (18.7) (18.7) 12.4