VITL - Vital Farms, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$12.89
DETAILS
HIGH:
$20.00
LOW:
$9.00
MEDIAN:
$13.00
CONSENSUS:
$12.89
UPSIDE:
53.45%
| 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 | 2019 Q2 | 2019 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||
| Revenue | 166.0 | 187.2 | 213.6 | 198.9 | 184.8 | 162.2 | 166.0 | 145.0 | 147.4 | 147.9 | 135.8 | 110.4 | 106.4 | 119.2 | 110.1 | 92.0 | 82.9 | 77.1 | 77.4 | 64.6 | 60.3 | 58.5 | 54.0 | 53.4 | 59.3 | 47.6 | 41.4 | 34.1 | 32.3 | 32.9 |
| Cost of Revenue | 155.1 | 134.1 | 137.1 | 124.0 | 113.0 | 99.7 | 106.1 | 91.5 | 89.7 | 89.0 | 90.6 | 73.8 | 68.6 | 76.5 | 76.8 | 62.5 | 57.9 | 55.4 | 57.6 | 44.8 | 38.4 | 37.2 | 36.4 | 35.0 | 36.6 | 31.7 | 31.6 | 23.5 | 21.3 | 21.4 |
| Gross Profit | 10.9 | 53.0 | 76.4 | 75.0 | 71.8 | 62.5 | 59.9 | 53.5 | 57.7 | 58.9 | 45.2 | 36.7 | 37.8 | 42.7 | 33.3 | 29.5 | 24.9 | 21.7 | 19.8 | 19.8 | 21.9 | 21.3 | 17.6 | 18.4 | 22.7 | 15.9 | 9.8 | 10.6 | 11 | 11.5 |
| 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 |
| SG&A Expenses | 40.4 | 55.3 | 55.0 | 53.6 | 48.0 | 40.7 | 46.9 | 44.2 | 40.5 | 34.7 | 36.1 | 31.4 | 29.8 | 31.8 | 29.9 | 27.5 | 24.2 | 25.8 | 24.0 | 21.6 | 18.9 | 18.2 | 19.8 | 15.9 | 13.6 | 13.0 | 15.8 | 9.4 | 7.1 | 7.2 |
| Other Expenses | 10.7 | 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 |
| Operating Expenses | 51.1 | 55.3 | 55.0 | 53.6 | 48.0 | 40.7 | 46.9 | 44.2 | 40.5 | 34.7 | 36.1 | 31.4 | 29.8 | 31.8 | 29.9 | 27.5 | 24.2 | 25.8 | 24.0 | 21.6 | 18.9 | 18.2 | 19.8 | 15.9 | 13.6 | 13.0 | 15.8 | 9.4 | 7.1 | 7.2 |
| Operating Income | ||||||||||||||||||||||||||||||
| Operating Income | (40.1) | (2.3) | 21.4 | 21.4 | 23.8 | 21.8 | 13.0 | 9.2 | 17.1 | 24.2 | 9.1 | 5.2 | 8.0 | 10.9 | 3.4 | 2.0 | 0.7 | (4.1) | (4.2) | (1.8) | 3.0 | 3.1 | (2.1) | 2.4 | 9.1 | 2.9 | (6.0) | 1.2 | 3.9 | 4.3 |
| Interest Expense | 0.4 | 0.2 | 1.5 | 0.2 | 0.2 | 0.2 | 0.2 | 0.3 | 0.3 | 0.3 | 0.3 | 0.2 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 |
| Interest Income | 0.2 | 0.8 | 1.2 | 1.3 | 1.3 | 1.2 | 1.4 | 1.4 | 1.3 | 1.1 | 1.0 | 0.7 | 0.5 | 0.3 | 0.3 | 0.3 | 0.2 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | ||||||||||||||||||||||||||||||
| EBITDA | (36.7) | 2.3 | 32.8 | 25.4 | 26.5 | 27.5 | 20.7 | 9.5 | 22.6 | 28.9 | 13.5 | 8.5 | 10.7 | 12.3 | 6.0 | 4.1 | 2.6 | (2.5) | (3.2) | (0.9) | 4.0 | 4.0 | (1.1) | 3.0 | 9.4 | 3.4 | (5.2) | 1.6 | 4.3 | 5.9 |
| EBIT | (40.4) | (1.7) | 24.0 | 22.2 | 24.7 | 22.6 | 14.6 | 10.6 | 18.4 | 25.0 | 9.8 | 5.3 | 8.0 | 9.8 | 3.8 | 2.2 | 0.9 | (3.9) | (4.2) | (1.8) | 3.2 | 3.2 | (2.1) | 2.4 | 8.9 | 2.9 | (6.0) | 1.2 | 4.0 | 5.5 |
| Income Before Tax | (40.8) | (1.9) | 22.4 | 22.0 | 24.5 | 22.3 | 14.3 | 10.4 | 18.1 | 24.7 | 9.6 | 5.1 | 7.9 | 9.7 | 3.7 | 2.2 | 0.9 | (3.9) | (4.2) | (1.8) | 3.2 | 3.2 | (2.2) | 2.3 | 8.8 | 2.8 | (6.1) | 1.1 | 3.9 | 5.4 |
| Income Tax Expense | (9.7) | (0.3) | 6.1 | 5.5 | 7.9 | 5.4 | 3.7 | 2.9 | 1.8 | 5.7 | 2.4 | 0.5 | 1.2 | 2.5 | 1.8 | 1.5 | 0.7 | (2.4) | (0.5) | (0.5) | (0.7) | (0.3) | (1.5) | 0.6 | 2.8 | 0.8 | (1.7) | 0.3 | 1.1 | 1.4 |
| Net Income | (31.1) | (1.5) | 16.3 | 16.4 | 16.6 | 16.9 | 10.6 | 7.4 | 16.3 | 19.0 | 7.2 | 4.5 | 6.7 | 7.2 | 1.9 | 0.7 | 0.2 | (1.5) | (3.6) | (1.3) | 3.9 | 3.5 | (0.8) | 1.7 | 6.0 | 1.9 | (4.3) | 0.8 | 2.8 | 3.1 |
| Per Share Data | ||||||||||||||||||||||||||||||
| EPS (Basic) | -0.72 | -0.03 | 0.37 | 0.37 | 0.37 | 0.38 | 0.24 | 0.17 | 0.38 | 0.46 | 0.17 | 0.11 | 0.16 | 0.18 | 0.05 | 0.02 | 0.00 | -0.04 | -0.09 | -0.03 | 0.10 | 0.09 | -0.02 | 0.05 | 0.15 | 0.06 | -0.13 | 0.02 | 0.08 | 0.09 |
| EPS (Diluted) | -0.72 | -0.03 | 0.35 | 0.36 | 0.36 | 0.37 | 0.23 | 0.16 | 0.36 | 0.43 | 0.17 | 0.10 | 0.15 | 0.16 | 0.04 | 0.02 | 0.00 | -0.04 | -0.09 | -0.03 | 0.09 | 0.08 | -0.02 | 0.04 | 0.15 | 0.05 | -0.12 | 0.02 | 0.08 | 0.08 |
| Shares Outstanding | 42.9 | 44.6 | 44.6 | 44.7 | 44.6 | 44.3 | 43.8 | 43.2 | 42.5 | 41.8 | 41.6 | 41.4 | 40.9 | 40.8 | 40.7 | 40.7 | 40.6 | 40.5 | 40.0 | 40.2 | 40.0 | 39.5 | 39.4 | 34.0 | 37.3 | 34.1 | 34.1 | 34.1 | 34.1 | 34.1 |
| 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 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 21.2 | 36.6 | 48.8 | 93.8 | 108.2 | 156.3 | 150.6 | 149.5 | 133.2 | 113.8 | 84.1 | 56.8 | 47.7 | 25.8 | 12.9 | 18.8 | 22.1 | 24.8 | 31.0 | 27.8 | 37.3 | 35.1 | 29.5 | 112.6 | 17.1 | 1.7 | 1.3 | (11.8) |
| Short-Term Investments | 0 | 14.8 | 64.5 | 51.3 | 46.8 | 5.0 | 9.7 | 13.5 | 19.5 | 23.7 | 32.7 | 39.3 | 45.9 | 57.2 | 65.8 | 68.1 | 68.3 | 67.1 | 68.6 | 69.8 | 69.0 | 67.8 | 68.4 | 0 | 0 | 0 | 0 | 23.6 |
| Net Receivables | 52.1 | 51.4 | 67.8 | 60.2 | 68.4 | 51.9 | 54.3 | 48.7 | 45.5 | 43.6 | 39.7 | 37.4 | 30.0 | 40.2 | 38.9 | 33.1 | 31.1 | 25.8 | 26.9 | 23.6 | 19.5 | 20.3 | 22.5 | 17.9 | 16.0 | 20.4 | 17.7 | 0 |
| Inventory | 73.9 | 90.2 | 66.5 | 51.8 | 42.7 | 34.5 | 23.7 | 33.4 | 31.4 | 30.8 | 32.9 | 38.3 | 42.1 | 33.9 | 26.8 | 25.5 | 19.1 | 13.3 | 10.9 | 14.6 | 13.7 | 11.3 | 12.9 | 11.7 | 9.9 | 12.1 | 12.9 | 0 |
| Other Current Assets | 15.6 | 16.1 | 14.9 | 14.9 | 9.1 | 12.1 | 7.7 | 6.4 | 4.5 | 6.2 | 6.1 | 5.0 | 6.2 | 5.3 | 5.1 | 0 | 0 | 0 | 0.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Assets | 162.9 | 209.2 | 262.6 | 272.0 | 275.2 | 259.8 | 246.0 | 251.6 | 234.2 | 218.2 | 195.5 | 176.8 | 171.9 | 162.6 | 149.6 | 151.1 | 143.3 | 134.1 | 141.3 | 140.7 | 141.5 | 136.9 | 137.3 | 145.9 | 46.2 | 36.9 | 34.6 | 11.8 |
| Non-Current Assets | ||||||||||||||||||||||||||||
| Property, Plant & Equipment | 314.6 | 268 | 241.0 | 196.2 | 142.4 | 106.0 | 104.1 | 86.6 | 80.8 | 77.1 | 75.8 | 69.4 | 60.5 | 60.3 | 61.0 | 50.5 | 50.5 | 50.2 | 44.6 | 42.2 | 36.3 | 32.9 | 30.1 | 27.7 | 26.8 | 25.6 | 22.5 | 0 |
| Goodwill | 24.5 | 15.5 | 15.2 | 3.9 | 3.9 | 3.9 | 3.9 | 3.9 | 5.5 | 4.9 | 3.9 | 3.9 | 3.9 | 3.9 | 4.0 | 3.9 | 3.9 | 3.9 | 3.9 | 3.9 | 3.9 | 3.9 | 3.9 | 3.9 | 3.9 | 3.9 | 3.9 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 9.4 | 7.9 | 5.8 | 3.9 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0 | 0 | 1.2 | 2.5 | 3.1 | 0.1 | 0.3 | 0.0 | 0.1 | 0.1 | 0.1 | 1.0 | 1.0 | 1.0 | (11.8) |
| Total Non-Current Assets | 339.2 | 283.5 | 256.2 | 209.5 | 155.5 | 117.1 | 113.3 | 93.1 | 86.3 | 82.0 | 79.7 | 73.3 | 64.4 | 64.2 | 65.1 | 55.5 | 56.8 | 57.2 | 48.7 | 46.3 | 40.2 | 36.9 | 34.1 | 31.7 | 31.7 | 30.5 | 27.3 | (11.8) |
| Total Assets | 502.1 | 492.6 | 518.7 | 481.5 | 430.8 | 376.9 | 359.3 | 344.7 | 320.5 | 300.2 | 275.2 | 250.0 | 236.3 | 226.8 | 214.7 | 206.6 | 200.2 | 191.3 | 189.9 | 186.9 | 181.7 | 173.8 | 171.4 | 177.6 | 77.9 | 67.4 | 61.9 | 0 |
| Current Liabilities | ||||||||||||||||||||||||||||
| Account Payables | 56.2 | 54.6 | 55.1 | 35.4 | 66.4 | 38.8 | 38.6 | 35.9 | 33.4 | 33.1 | 33.5 | 22.0 | 21.8 | 26.6 | 26.0 | 25.6 | 25.3 | 20.6 | 22.5 | 17.4 | 15.9 | 14.2 | 15.5 | 16.1 | 15.1 | 14.4 | 13.5 | 0 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.1 | 1.5 | 6.6 | 2.2 | 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 | 53.2 | 7.0 | 11.8 | 14.7 | 8.2 | 6.2 | 15.1 | 15.3 | 8.7 | 4.8 | 9.1 | 8.6 | 7.6 | 5.5 | 7.5 | 5.2 | 4.0 | 2.1 | 3.0 | 2.9 | 2.4 | 1.6 | 3.8 | 3.3 | 2.6 | 1.2 | 1.4 | 0 |
| Total Current Liabilities | 147.6 | 118.4 | 121.6 | 102.6 | 110.8 | 77.5 | 78.5 | 77.7 | 67.0 | 70.4 | 65.2 | 53.0 | 51.7 | 50.5 | 47.7 | 50.8 | 46.0 | 38.3 | 38.0 | 32.3 | 26.9 | 23.5 | 25.9 | 26.1 | 25.4 | 27.1 | 25.0 | 0 |
| Non-Current Liabilities | ||||||||||||||||||||||||||||
| Long-Term Debt | 30 | 40.8 | 43.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.5 | 8.3 | 3.6 | 2.9 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.8 | 1.3 | 2.7 | 2.5 | 2.1 | 2.3 | 1.2 | 0.8 | 0 |
| Other Non-Current Liabilities | 0.6 | 2.6 | 2.8 | 3.6 | 2.3 | 0.8 | 0.6 | 0.9 | 1.1 | 1.1 | 1.0 | 2.1 | 1.7 | 1.3 | 0.8 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.5 | 0.5 | 0.6 | 0.7 | 0 |
| Total Non-Current Liabilities | 70.8 | 43.3 | 45.9 | 47.7 | 10.1 | 10.5 | 11.5 | 13.6 | 15.1 | 16.5 | 17.3 | 14.2 | 8.6 | 8.7 | 8.7 | 1.2 | 1.6 | 1.9 | 0.2 | 1.0 | 1.6 | 3.1 | 3.1 | 9.5 | 11.7 | 6.0 | 5.1 | 0 |
| Total Liabilities | 218.4 | 161.7 | 167.5 | 150.3 | 121.0 | 88.0 | 90.0 | 91.3 | 82.1 | 86.9 | 82.5 | 67.2 | 60.3 | 59.2 | 56.3 | 52.0 | 47.6 | 40.3 | 38.2 | 33.4 | 28.5 | 26.6 | 29.0 | 35.6 | 37.0 | 33.2 | 30.1 | 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 |
| Retained Earnings | 116.8 | 147.9 | 149.4 | 133.1 | 116.7 | 100.0 | 83.1 | 72.5 | 65.1 | 48.7 | 29.7 | 22.5 | 18.0 | 11.3 | 4.2 | 2.3 | 1.6 | 1.4 | 2.7 | 6.4 | 21.4 | 17.5 | 14.0 | 14.8 | 13.1 | 7.2 | 5.2 | 0 |
| Accumulated Other Comprehensive Income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (0.1) | (0.2) | (0.3) | (0.4) | (0.7) | (1.0) | (1.1) | (1.5) | (1.8) | (1.4) | (1.1) | (0.3) | (0.1) | (0.1) | (0.1) | (0.0) | 0 | 0 | 0 | 0 | 5.1 |
| Total Stockholders' Equity | 283.7 | 330.9 | 351.3 | 331.2 | 309.8 | 288.9 | 269.3 | 253.4 | 238.4 | 213.3 | 192.7 | 182.9 | 176.0 | 167.5 | 158.3 | 154.6 | 152.4 | 150.9 | 151.5 | 153.3 | 152.9 | 146.9 | 142.0 | 141.8 | 17.7 | 34.0 | 8.6 | 27.5 |
| Total Liabilities & Equity | 502.1 | 492.6 | 518.7 | 481.5 | 430.8 | 376.9 | 359.3 | 344.7 | 320.5 | 300.2 | 275.2 | 250.0 | 236.3 | 226.8 | 214.7 | 206.6 | 200.2 | 191.3 | 189.9 | 186.9 | 181.7 | 173.8 | 171.4 | 177.6 | 77.9 | 67.4 | 61.9 | 27.5 |
| Debt Metrics | ||||||||||||||||||||||||||||
| Total Debt | 108.2 | 54.2 | 53.5 | 56.3 | 17.6 | 19.2 | 18.7 | 21.2 | 21.7 | 23.5 | 22.6 | 15.9 | 9.2 | 10.0 | 10.7 | 2.5 | 2.9 | 3.4 | 0.3 | 0.4 | 0.6 | 0.7 | 0.8 | 8.5 | 10.8 | 11.4 | 6.3 | 0 |
| Net Debt | 87.0 | 17.6 | 4.7 | (37.5) | (90.6) | (137.1) | (131.9) | (128.3) | (111.5) | (90.3) | (61.6) | (40.9) | (38.5) | (15.9) | (2.2) | (16.4) | (19.2) | (21.4) | (30.6) | (27.4) | (36.8) | (34.4) | (28.7) | (104.1) | (6.3) | 9.6 | 5.0 | 11.8 |
| 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 | 2019 Q2 | 2019 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||||||
| Net Income | (31.1) | (1.5) | 32.7 | 16.4 | 16.6 | 16.9 | 10.6 | 7.4 | 16.3 | 19.0 | 7.2 | 4.5 | 6.7 | 7.2 | 1.9 | 0.7 | 0.2 | (1.5) | (3.7) | (1.3) | 3.9 | 3.5 | (0.6) | 1.7 | 5.9 | 1.9 | (4.3) | 0.8 | 2.8 | 4.0 |
| Depreciation & Amortization | 3.6 | 4.0 | 8.8 | 3.2 | 1.8 | 4.9 | 6.1 | (1.2) | 4.2 | 4.0 | 3.7 | 3.3 | 2.6 | 2.5 | 2.3 | 1.9 | 1.8 | 1.4 | 1.0 | 0.9 | 0.8 | 0.8 | 1.0 | 0.6 | 0.5 | 0.5 | 0.8 | 0.4 | 0.4 | 0.4 |
| Stock-Based Compensation | (1.4) | 2.8 | 6.5 | 3.2 | 3.0 | 2.9 | 2.7 | 2.7 | 0 | 2.0 | 1.9 | 1.8 | 1.4 | 2.2 | 1.5 | 1.6 | 1.6 | 1.3 | 1.2 | 1.2 | 1.1 | 0.9 | 1.0 | 0.7 | 0.3 | 0.4 | 0.5 | 0.3 | 0.1 | 0.1 |
| Change in Working Capital | (1.2) | (28.8) | (23.0) | (4.4) | (29.0) | (19.9) | (2.1) | (5.5) | (7.5) | (1.1) | 10.1 | (1.5) | 2.2 | (8.3) | (11.5) | (6.6) | (2.1) | (4.0) | 6.2 | (3.3) | 2.2 | 2.9 | (5.0) | (5.7) | 9.1 | (2.4) | (3.2) | (3.4) | (4.3) | (1.4) |
| Other Non-Cash Items | 12.5 | 5.1 | (20.0) | 5.0 | 5.3 | 0.3 | (2.8) | 6.8 | 2.7 | 0.1 | 0.8 | (0.1) | 0.3 | 1.3 | (0.0) | 0.6 | (0.2) | 0.5 | 0.1 | 0.7 | 0.9 | (0.1) | (0.1) | 0.1 | (0.1) | (0.0) | 0.7 | (0.0) | (0.0) | 0.0 |
| Operating Cash Flow | (27.4) | (18.6) | 5.8 | 23.4 | (0.8) | 5.3 | 14.8 | 10.0 | 15.7 | 23.9 | 23.7 | 8.3 | 13.5 | 5.4 | (4.7) | (0.4) | 1.9 | (4.9) | 4.1 | (2.4) | 7.6 | 8.0 | (3.3) | (2.7) | 16.9 | 0.8 | (5.5) | (1.9) | (1.1) | 3.1 |
| Investing Activities | ||||||||||||||||||||||||||||||
| Capital Expenditure | (16.7) | (20.8) | (37.9) | (34.0) | (6.9) | (3.1) | (18.2) | (3.6) | (5.6) | (1.3) | (2.4) | (4.8) | (2.5) | (1.8) | (3.7) | (2.5) | (2.7) | (1.7) | (2.5) | (6.4) | (4.4) | (3.5) | (3.6) | (1.3) | (1.1) | (4.3) | (1.7) | (1.6) | (0.8) | (0.7) |
| Acquisitions | 0 | 0 | 0 | 0.4 | 0.6 | 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 |
| Purchases of Investments | 0 | 0 | (50.1) | (25.9) | (45.1) | 0 | (1.0) | 0.7 | 0 | (0.7) | (0.7) | (1.6) | (0.4) | (0.2) | (0.6) | (3.2) | (16.0) | (14.0) | (8.7) | (15.6) | (13.1) | (14.4) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 14.8 | 50.2 | 32.9 | 21.1 | 3.9 | 4.7 | 3.8 | 6.2 | 4.3 | 9.0 | 7.1 | 7.8 | 11.4 | 8.9 | 3.2 | 2.8 | 14.1 | 14.3 | 9.6 | 14.5 | 11.2 | 15.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0.2 | (0.1) | 39.2 | 0 | 0 | 0 | 0 | (0.7) | 0.0 | 0 | 0 | 0.0 | 0 | 1.6 | 0.0 | (0.1) | 0 | 0.1 | 0 | 0 | 0 | 0 | (68.4) | 0.8 | 0 | 0 | 3.2 | 0 | 0 | (4) |
| Investing Cash Flow | (1.7) | 29.3 | (49.9) | (38.4) | (47.5) | 1.6 | (15.4) | 2.6 | (1.3) | 7.0 | 4.0 | 1.3 | 8.5 | 8.5 | (1.1) | (3.0) | (4.6) | (1.4) | (1.6) | (7.5) | (6.2) | (2.9) | (72.0) | (0.5) | (1.1) | (4.3) | 1.5 | (1.6) | (0.8) | (4.7) |
| Financing Activities | ||||||||||||||||||||||||||||||
| Net Debt Issuance | 27.1 | (1.4) | (1.3) | (1.2) | (1.0) | (1.0) | (0.9) | (0.9) | (0.9) | (0.8) | (0.8) | (0.7) | (0.4) | (0.4) | (0.2) | (0.1) | (0.1) | (0.1) | (0.1) | (0.1) | (0.1) | (0.1) | (7.7) | (0.9) | (0.8) | 3.9 | 1.6 | (0.3) | (0.3) | (0.3) |
| Stock Repurchased | (15.2) | (20) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.6) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.9) | 0 | (14.3) | 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 |
| Other Financing Activities | (0.2) | (1.5) | (0.1) | (0.1) | (0.1) | (2.9) | (0.0) | (0.1) | (0.0) | (1.3) | (0.1) | (0.0) | (0.0) | 0 | 0 | 0 | (0.0) | (0.0) | (0.0) | (0.1) | (0.0) | (0.0) | (0.1) | (0.1) | (0.0) | (0.0) | (28.3) | 28.1 | (0.1) | (0.1) |
| Financing Cash Flow | 13.6 | (22.9) | (0.8) | 0.6 | 0.2 | (1.2) | 1.7 | 3.8 | 4.9 | (1.3) | (0.4) | (0.5) | (0.2) | (1.0) | (0.1) | 0.1 | (0.0) | 0.1 | 0.6 | 0.4 | 0.8 | 0.4 | (7.8) | 98.7 | (0.4) | 3.9 | 1.6 | (0.4) | (7.5) | 6.7 |
| Cash Position | ||||||||||||||||||||||||||||||
| Net Change in Cash | (15.4) | (12.2) | (45.0) | (14.4) | (48.1) | 5.7 | 1.1 | 16.4 | 19.4 | 29.7 | 27.3 | 9.1 | 21.8 | 12.9 | (5.9) | (3.2) | (2.7) | (6.2) | 3.1 | (9.5) | 2.2 | 5.6 | (83.1) | 95.5 | 15.4 | 0.4 | 1.3 | 0 | 0 | 0 |
| Cash at Beginning | 36.6 | 48.8 | 93.8 | 108.2 | 156.3 | 150.6 | 149.5 | 133.2 | 113.8 | 84.1 | 56.8 | 47.7 | 25.8 | 12.9 | 18.8 | 22.1 | 24.8 | 31.0 | 27.8 | 37.3 | 35.1 | 29.5 | 112.6 | 17.1 | 1.7 | 1.3 | 3.7 | 7.6 | 17.0 | 11.8 |
| Cash at End | 21.2 | 36.6 | 48.8 | 93.8 | 108.2 | 156.3 | 150.6 | 149.5 | 133.2 | 113.8 | 84.1 | 56.8 | 47.7 | 25.8 | 12.9 | 18.8 | 22.1 | 24.8 | 31.0 | 27.8 | 37.3 | 35.1 | 29.5 | 112.6 | 17.1 | 1.7 | 1.3 | 3.7 | 7.6 | 17.0 |
| Free Cash Flow | (44.1) | (39.3) | (32.1) | (10.6) | (7.6) | 2.1 | (3.4) | 6.4 | 10.1 | 22.6 | 21.3 | 3.4 | 11.0 | 3.6 | (8.4) | (2.8) | (0.8) | (6.6) | 1.5 | (8.7) | 3.3 | 4.6 | (6.9) | (4.0) | 15.8 | (3.4) | (7.2) | (3.6) | (1.8) | 2.4 |
| 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 | 2019 Q2 | 2019 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||||||||||||||||
| Revenue | 166.0 | 187.2 | 213.6 | 198.9 | 184.8 | 162.2 | 166.0 | 145.0 | 147.4 | 147.9 | 135.8 | 110.4 | 106.4 | 119.2 | 110.1 | 92.0 | 82.9 | 77.1 | 77.4 | 64.6 | 60.3 | 58.5 | 54.0 | 53.4 | 59.3 | 47.6 | 41.4 | 34.1 | 32.3 | 32.9 |
| Gross Profit | 10.9 | 53.0 | 76.4 | 75.0 | 71.8 | 62.5 | 59.9 | 53.5 | 57.7 | 58.9 | 45.2 | 36.7 | 37.8 | 42.7 | 33.3 | 29.5 | 24.9 | 21.7 | 19.8 | 19.8 | 21.9 | 21.3 | 17.6 | 18.4 | 22.7 | 15.9 | 9.8 | 10.6 | 11 | 11.5 |
| Operating Income | (40.1) | (2.3) | 21.4 | 21.4 | 23.8 | 21.8 | 13.0 | 9.2 | 17.1 | 24.2 | 9.1 | 5.2 | 8.0 | 10.9 | 3.4 | 2.0 | 0.7 | (4.1) | (4.2) | (1.8) | 3.0 | 3.1 | (2.1) | 2.4 | 9.1 | 2.9 | (6.0) | 1.2 | 3.9 | 4.3 |
| Net Income | (31.1) | (1.5) | 16.3 | 16.4 | 16.6 | 16.9 | 10.6 | 7.4 | 16.3 | 19.0 | 7.2 | 4.5 | 6.7 | 7.2 | 1.9 | 0.7 | 0.2 | (1.5) | (3.6) | (1.3) | 3.9 | 3.5 | (0.8) | 1.7 | 6.0 | 1.9 | (4.3) | 0.8 | 2.8 | 3.1 |
| EPS (Diluted) | -0.72 | -0.03 | 0.35 | 0.36 | 0.36 | 0.37 | 0.23 | 0.16 | 0.36 | 0.43 | 0.17 | 0.10 | 0.15 | 0.16 | 0.04 | 0.02 | 0.00 | -0.04 | -0.09 | -0.03 | 0.09 | 0.08 | -0.02 | 0.04 | 0.15 | 0.05 | -0.12 | 0.02 | 0.08 | 0.08 |
| Balance Sheet | ||||||||||||||||||||||||||||||
| Cash & Equivalents | 21.2 | 36.6 | 48.8 | 93.8 | 108.2 | 156.3 | 150.6 | 149.5 | 133.2 | 113.8 | 84.1 | 56.8 | 47.7 | 25.8 | 12.9 | 18.8 | 22.1 | 24.8 | 31.0 | 27.8 | 37.3 | 35.1 | 29.5 | 112.6 | 17.1 | 1.7 | 1.3 | (11.8) | ||
| Total Assets | 502.1 | 492.6 | 518.7 | 481.5 | 430.8 | 376.9 | 359.3 | 344.7 | 320.5 | 300.2 | 275.2 | 250.0 | 236.3 | 226.8 | 214.7 | 206.6 | 200.2 | 191.3 | 189.9 | 186.9 | 181.7 | 173.8 | 171.4 | 177.6 | 77.9 | 67.4 | 61.9 | 0 | ||
| Total Debt | 108.2 | 54.2 | 53.5 | 56.3 | 17.6 | 19.2 | 18.7 | 21.2 | 21.7 | 23.5 | 22.6 | 15.9 | 9.2 | 10.0 | 10.7 | 2.5 | 2.9 | 3.4 | 0.3 | 0.4 | 0.6 | 0.7 | 0.8 | 8.5 | 10.8 | 11.4 | 6.3 | 0 | ||
| Stockholders' Equity | 283.7 | 330.9 | 351.3 | 331.2 | 309.8 | 288.9 | 269.3 | 253.4 | 238.4 | 213.3 | 192.7 | 182.9 | 176.0 | 167.5 | 158.3 | 154.6 | 152.4 | 150.9 | 151.5 | 153.3 | 152.9 | 146.9 | 142.0 | 141.8 | 17.7 | 34.0 | 8.6 | 27.5 | ||
| Cash Flow | ||||||||||||||||||||||||||||||
| Operating Cash Flow | (27.4) | (18.6) | 5.8 | 23.4 | (0.8) | 5.3 | 14.8 | 10.0 | 15.7 | 23.9 | 23.7 | 8.3 | 13.5 | 5.4 | (4.7) | (0.4) | 1.9 | (4.9) | 4.1 | (2.4) | 7.6 | 8.0 | (3.3) | (2.7) | 16.9 | 0.8 | (5.5) | (1.9) | (1.1) | 3.1 |
| Capital Expenditure | (16.7) | (20.8) | (37.9) | (34.0) | (6.9) | (3.1) | (18.2) | (3.6) | (5.6) | (1.3) | (2.4) | (4.8) | (2.5) | (1.8) | (3.7) | (2.5) | (2.7) | (1.7) | (2.5) | (6.4) | (4.4) | (3.5) | (3.6) | (1.3) | (1.1) | (4.3) | (1.7) | (1.6) | (0.8) | (0.7) |
| Free Cash Flow | (44.1) | (39.3) | (32.1) | (10.6) | (7.6) | 2.1 | (3.4) | 6.4 | 10.1 | 22.6 | 21.3 | 3.4 | 11.0 | 3.6 | (8.4) | (2.8) | (0.8) | (6.6) | 1.5 | (8.7) | 3.3 | 4.6 | (6.9) | (4.0) | 15.8 | (3.4) | (7.2) | (3.6) | (1.8) | 2.4 |