WDH - Waterdrop Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$2.00
DETAILS
HIGH:
$2.00
LOW:
$2.00
MEDIAN:
$2.00
CONSENSUS:
$2.00
UPSIDE:
42.86%
| Metric | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||
| Revenue | 1,391.8 | 974.9 | 838.0 | 753.7 | 686.8 | 704.1 | 676.2 | 704.7 | 659.4 | 686.5 | 678.7 | 606.2 | 679.5 | 772.2 | 701.4 | 648.7 | 603.9 | 779.3 | 939.4 | 883.4 | 830.3 | 863.0 | 680.8 | 653.8 | 537.7 | 377.7 | 377.7 | 377.7 | 59.5 | 59.5 | 59.5 | 59.5 |
| Cost of Revenue | 668.0 | 475.1 | 416.5 | 374.2 | 621.3 | 340.6 | 319.1 | 331.2 | 692.7 | 312.3 | 333.1 | 248.0 | 278.6 | 341.3 | 244.6 | 154.9 | 197.1 | 296.3 | 260.4 | 300.6 | 250.9 | 198.7 | 159.4 | 133.3 | 158.0 | 72.8 | 72.8 | 72.8 | 11.5 | 11.5 | 11.5 | 11.5 |
| Gross Profit | 723.8 | 499.7 | 421.5 | 379.5 | 65.5 | 363.6 | 357.1 | 373.5 | (33.3) | 374.2 | 345.6 | 358.2 | 400.9 | 430.9 | 456.8 | 493.8 | 406.8 | 483.0 | 678.9 | 582.8 | 579.5 | 664.3 | 521.4 | 520.5 | 379.7 | 304.9 | 304.9 | 304.9 | 48.1 | 48.1 | 48.1 | 48.1 |
| Operating Expenses | ||||||||||||||||||||||||||||||||
| R&D Expenses | 65.3 | 58.3 | 51.9 | 56.2 | 54.3 | 53.0 | 53.3 | 56.0 | 59.8 | 73.9 | 86.7 | 78.7 | 71.7 | 78.4 | 70.4 | 70.8 | 91.0 | 102.9 | 100.3 | 84.9 | 67.7 | 53.3 | 55.6 | 67.6 | 73.8 | 53.7 | 53.7 | 53.7 | 17.3 | 17.3 | 17.3 | 17.3 |
| SG&A Expenses | 575.8 | 327.7 | 272.2 | 247.3 | (41.7) | 284.2 | 251.4 | 271.1 | (119.8) | 302.3 | 300.5 | 269.2 | 256.4 | 220.0 | 230.5 | 306.3 | 389.7 | 893.1 | 1,394.0 | 958.4 | 784.5 | 730.6 | 458.6 | 564.0 | 465.6 | 564.0 | 564.0 | 564.0 | 124.0 | 124.0 | 124.0 | 124.0 |
| Other Expenses | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.9) | 0 | 0 | 1.6 | 0.2 | 0.2 | 0.2 | 0.2 | (0.5) | (0.5) | (0.5) | (0.5) |
| Operating Expenses | 641.1 | 386.0 | 324.1 | 303.6 | 12.6 | 337.1 | 304.7 | 327.1 | (60.0) | 376.3 | 387.2 | 347.9 | 328.0 | 298.3 | 300.9 | 377.2 | 480.7 | 996.0 | 1,494.3 | 1,043.3 | 852.2 | 783.9 | 514.2 | 631.6 | 531.5 | 617.9 | 617.9 | 617.9 | 140.8 | 140.8 | 140.8 | 140.8 |
| Operating Income | ||||||||||||||||||||||||||||||||
| Operating Income | 82.7 | 113.8 | 97.3 | 75.9 | 53.0 | 26.5 | 52.4 | 46.4 | 26.6 | (2.1) | (41.6) | 10.3 | 72.9 | 132.6 | 155.9 | 116.6 | (73.9) | (513.0) | (815.4) | (460.6) | (272.8) | (119.6) | 7.2 | (111.1) | (159.7) | (48.6) | (48.6) | (48.6) | (47.0) | (47.0) | (47.0) | (47.0) |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 34.3 | 37.5 | 29.5 | 33.8 | 35.8 | 36.0 | 37.5 | 39.8 | 34.7 | 32.9 | 37.6 | 30.9 | 27.7 | 24.3 | 15.2 | 14.5 | 12.2 | 11.9 | 11.3 | 13.2 | 8.8 | 6.8 | 5.5 | 5.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | ||||||||||||||||||||||||||||||||
| EBITDA | 82.7 | 113.8 | 97.3 | 75.9 | 53.0 | 26.5 | 55.8 | 46.4 | 26.6 | (2.1) | (35.9) | 16.1 | 72.9 | 132.6 | 155.9 | 116.6 | (73.9) | (513.0) | (815.4) | (460.6) | (264.6) | (119.6) | 7.2 | (109.4) | (156.2) | (44.8) | (44.8) | (44.8) | (46.9) | (46.9) | (46.9) | (46.9) |
| EBIT | 82.7 | 113.8 | 97.3 | 75.9 | 53.0 | 26.5 | 52.4 | 46.4 | 26.6 | (2.1) | (41.6) | 10.3 | 72.9 | 132.6 | 155.9 | 116.6 | (73.9) | (513.0) | (815.4) | (460.6) | (272.8) | (119.6) | 7.2 | (111.1) | (159.7) | (48.6) | (48.6) | (48.6) | (47.0) | (47.0) | (47.0) | (47.0) |
| Income Before Tax | 118.7 | 168.1 | 137.4 | 117.6 | 93.4 | 87.3 | 90.7 | 89.1 | 71.1 | 34.8 | 11.2 | 47.1 | 126.7 | 160.5 | 187.2 | 156.3 | (66.2) | (485.2) | (799.2) | (444.5) | (417.4) | (114.0) | 16.6 | (98.9) | (148.1) | (44.7) | (44.7) | (44.7) | (46.9) | (46.9) | (46.9) | (46.9) |
| Income Tax Expense | (41.1) | 9.6 | (2.9) | 13.3 | 1.9 | (7.8) | 7.0 | 8.6 | 15.2 | (1.5) | (10.5) | (2.6) | 0.5 | (9.1) | (19.8) | 51.3 | 5.0 | (8.2) | (143.5) | (74.3) | (13.6) | 25.3 | 16.6 | 21.8 | 31.9 | 35.6 | 35.6 | 35.6 | 5.4 | 5.4 | 5.4 | 5.4 |
| Net Income | 159.9 | 158.5 | 140.2 | 108.2 | 105.8 | 92.8 | 88.3 | 80.6 | 59.1 | 36.7 | 21.7 | 49.7 | 126.2 | 169.6 | 206.9 | 105.0 | (71.2) | (477.0) | (655.8) | (370.2) | (403.8) | (139.3) | (0.0) | (120.7) | (226.0) | (80.4) | (80.4) | (80.4) | (52.3) | (52.3) | (52.3) | (52.3) |
| Per Share Data | ||||||||||||||||||||||||||||||||
| EPS (Basic) | 4.40 | 0.44 | 0.39 | 0.30 | 0.28 | 0.26 | 0.20 | 0.22 | 0.16 | 0.10 | 0.10 | 0.10 | 0.30 | 0.43 | 0.53 | 0.27 | -0.18 | -1.21 | -2.30 | -0.94 | -1.26 | -0.43 | -0.00 | -0.38 | -0.70 | -0.25 | -0.25 | -0.25 | -0.16 | -0.16 | -0.16 | -0.16 |
| EPS (Diluted) | 3.90 | 0.42 | 0.40 | 0.30 | 0.27 | 0.25 | 0.24 | 0.20 | 0.16 | 0.10 | 0.10 | 0.10 | 0.30 | 0.42 | 0.52 | 0.26 | -0.18 | -1.21 | -2.30 | -0.94 | -1.26 | -0.43 | -0.00 | -0.38 | -0.70 | -0.25 | -0.25 | -0.25 | -0.16 | -0.16 | -0.16 | -0.16 |
| Shares Outstanding | 36.1 | 362.0 | 360.8 | 362.0 | 362.1 | 362.4 | 441.4 | 369.7 | 369.8 | 372.0 | 379.6 | 386.7 | 390.4 | 391.7 | 392.7 | 393.9 | 393.5 | 394.1 | 285.4 | 394.1 | 321.5 | 321.5 | 321.5 | 321.5 | 321.5 | 321.5 | 321.5 | 321.5 | 321.5 | 321.5 | 321.5 | 321.5 |
| Metric | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 1,132.2 | 344.5 | 722.0 | 1,158.1 | 986.3 | 442.1 | 719.0 | 321.8 | 396.9 | 441.2 | 644.3 | 722.8 | 1,574.2 | 598.4 | 868.6 | 334.3 | 817.7 | 710.8 | 893.4 | 1,107.4 | 1,062.0 | 1,148.6 | 265.5 | (1,024.8) | 964.5 | 241.1 | 241.1 | 241.1 |
| Short-Term Investments | 531.0 | 1,104.8 | 942.3 | 778.1 | 1,612.6 | 1,912.9 | 2,214.2 | 3,162.7 | 2,996.5 | 2,697.8 | 2,754.9 | 2,874.5 | 2,130.4 | 2,990.2 | 2,419.5 | 2,589.9 | 1,969.4 | 1,900.3 | 2,343.0 | 519.7 | 1,193.2 | 344.0 | 298.3 | 2,049.5 | 60.3 | 15.1 | 15.1 | 15.1 |
| Net Receivables | 2,068.9 | 1,572.6 | 1,518.1 | 1,401.7 | 1,335.6 | 1,387.2 | 1,329.3 | 1,321.1 | 1,266.0 | 1,387.6 | 1,308.0 | 1,149.1 | 1,125.9 | 1,151.7 | 1,046.5 | 1,154.5 | 1,207.5 | 1,445.9 | 1,519.3 | 1,465.7 | 1,364.3 | 1,380.6 | 453.3 | 0 | 870.2 | 256.8 | 256.8 | 256.8 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 404.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.3 | 0 | 0 | 0 | 0 | 434.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 251.2 | 743.2 | 840.3 | 796.8 | 520.8 | 666.8 | 507.3 | 0.2 | 767.0 | 551.8 | 537.1 | 523.8 | 860.2 | 465.1 | 444.5 | 516.6 | 1,038.5 | 620.0 | 595.3 | 598.0 | 1,373.4 | 830.9 | 116.1 | 0 | 566.8 | 102.4 | 102.4 | 102.4 |
| Total Current Assets | 3,983.3 | 3,765.2 | 4,022.7 | 4,134.6 | 4,638.1 | 4,409.0 | 4,964.6 | 5,373.3 | 5,426.4 | 5,293.9 | 5,499.9 | 5,527.7 | 5,690.6 | 5,544.4 | 5,188.9 | 4,949.1 | 5,033.0 | 5,182.3 | 5,825.8 | 4,190.9 | 4,532.7 | 3,704.1 | 1,133.2 | 1,024.8 | 2,461.7 | 615.4 | 615.4 | 615.4 |
| Non-Current Assets | ||||||||||||||||||||||||||||
| Property, Plant & Equipment | 279.8 | 280.0 | 263.8 | 277.8 | 286.9 | 292.8 | 94.3 | 101.5 | 93.7 | 103.8 | 102.1 | 101.6 | 49.8 | 60.2 | 76.3 | 93.0 | 103.8 | 116.3 | 113.1 | 93.9 | 89.4 | 87.5 | 22.4 | 22.4 | 71.1 | 17.8 | 17.8 | 17.8 |
| Goodwill | 80.8 | 80.8 | 80.8 | 80.8 | 80.8 | 80.8 | 80.8 | 80.8 | 80.8 | 80.8 | 3.4 | 3.4 | 3.4 | 3.4 | 3.4 | 3.4 | 3.4 | 3.1 | 3.1 | 3.1 | 3.1 | 3.1 | 0.8 | 0.8 | 1.5 | 0.4 | 0.4 | 0.4 |
| Intangible Assets | 177.3 | 152.9 | 152.9 | 153.0 | 153.0 | 153.0 | 173.6 | 173.7 | 177.4 | 177.5 | 56.6 | 56.6 | 56.6 | 56.6 | 56.7 | 56.7 | 56.8 | 57.5 | 56.8 | 56.8 | 53.0 | 53.1 | 13.3 | 13.3 | 16.9 | 4.2 | 4.2 | 4.2 |
| Long-Term Investments | 2,581.3 | 2,104.7 | 1,786.6 | 1,649.8 | 1,114.2 | 1,122.4 | 581.8 | 217.4 | 211.8 | 216.3 | 98.6 | 9.9 | 12.0 | 12.0 | 11.9 | 11.8 | 11.8 | 1.9 | 2.7 | 2.7 | 2.7 | 2.8 | 0 | 0 | 4.7 | 0 | 0 | 0 |
| Other Non-Current Assets | 0.0 | 228.7 | 195.9 | 171.2 | 153.7 | 141.3 | 186.0 | 141.5 | 134.4 | 124.2 | 110.5 | 104.6 | 103.6 | 93.7 | 70.6 | 50.4 | 29.9 | 27.0 | 23.5 | 24.2 | 24.0 | 22.8 | 6.7 | (1,061.1) | 2.4 | 1.2 | 1.2 | 1.2 |
| Total Non-Current Assets | 3,122.0 | 2,848.2 | 2,500.3 | 2,353.8 | 1,815.6 | 1,819.5 | 1,116.5 | 739.9 | 722.2 | 717.5 | 380.9 | 283.1 | 231.6 | 226.1 | 218.9 | 215.3 | 217.6 | 221.7 | 205.3 | 180.8 | 172.3 | 169.4 | 43.1 | (1,024.8) | 94.2 | 23.5 | 23.5 | 23.5 |
| Total Assets | 7,105.3 | 6,613.5 | 6,523.0 | 6,488.4 | 6,453.7 | 6,228.6 | 6,081.2 | 6,113.1 | 6,148.7 | 6,011.4 | 5,880.8 | 5,810.8 | 5,922.2 | 5,770.5 | 5,407.8 | 5,164.4 | 5,250.6 | 5,404.0 | 6,031.1 | 4,371.7 | 4,705.1 | 3,873.5 | 1,176.3 | 1,176.3 | 2,555.9 | 639.0 | 639.0 | 639.0 |
| Current Liabilities | ||||||||||||||||||||||||||||
| Account Payables | 684.8 | 511.8 | 609.0 | 624.2 | 537.3 | 493.6 | 0 | 405.7 | 592.0 | 571.6 | 555.9 | 523.2 | 516.7 | 468.5 | 479.6 | 520.2 | 685.0 | 653.2 | 604.7 | 602.6 | 607.3 | 10.1 | 151.8 | 151.8 | 5.1 | 80.1 | 80.1 | 80.1 |
| Short-Term Debt | 47 | 63 | 63 | 0 | 198.4 | 148.5 | 0 | 75.2 | 137.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (9.3) | 0 | 0 | (13.5) | 0 | 0 | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11.6 | 11.7 | 0 | 0 | 0 | 0.4 | 1.0 | 0.8 | 4.2 | 3.8 | 11.4 | 37.3 | 9.3 | 9.3 | 9.3 | 13.5 | 13.5 | 13.5 | 13.5 |
| Other Current Liabilities | 641.4 | 0 | 0 | 0 | 108.4 | 0 | 521.3 | 0 | 1,057.5 | 571.6 | 555.9 | 523.2 | 185.7 | 468.5 | 479.6 | 520.2 | 39.3 | 653.2 | 604.7 | 602.6 | 103.4 | 191.8 | 156.7 | 156.7 | 193.4 | 125.1 | 125.1 | 125.1 |
| Total Current Liabilities | 1,893.7 | 1,450.7 | 1,417.9 | 1,457.5 | 1,484.9 | 1,412.7 | 1,220.4 | 1,318.7 | 1,369.6 | 1,287.9 | 1,225.2 | 1,099.1 | 1,121.7 | 1,075.5 | 981.4 | 1,018.3 | 1,249.1 | 1,340.4 | 1,500.4 | 1,366.4 | 1,271.3 | 1,233.5 | 317.8 | 317.8 | 874.5 | 218.6 | 218.6 | 218.6 |
| Non-Current Liabilities | ||||||||||||||||||||||||||||
| Long-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 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 43.8 | 78.0 | 87.6 | 91.7 | 84.2 | 85.7 | 95.6 | 82.4 | 73.3 | 48.4 | 15.7 | 25.3 | 29.7 | 20.5 | 30.2 | 52.7 | 13.6 | 13.6 | 13.6 | 152.0 | 225.7 | 56.4 | 56.4 | 56.4 | 41.9 | 41.9 | 41.9 | 41.9 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 73.3 | 0 | 0 | 0 | 34.0 | 0 | 0 | 0 | 26.0 | 0 | 0 | 0 | 225.7 | 238.9 | 6.9 | 6.9 | 167.6 | 3.1 | 3.1 | 3.1 |
| Total Non-Current Liabilities | 56.5 | 90.1 | 92.5 | 97.4 | 95.2 | 104.2 | 122.1 | 115.8 | 100.6 | 81.6 | 53.6 | 65.8 | 34.4 | 26.7 | 38.9 | 64.8 | 28.0 | 36.3 | 39.0 | 175.1 | 253.5 | 267.3 | 63.4 | 63.4 | 179.9 | 45.0 | 45.0 | 45.0 |
| Total Liabilities | 1,950.1 | 1,540.7 | 1,510.4 | 1,554.8 | 1,580.1 | 1,516.9 | 1,342.5 | 1,434.5 | 1,470.2 | 1,369.5 | 1,278.8 | 1,164.9 | 1,156.1 | 1,102.2 | 1,020.3 | 1,083.1 | 1,277.2 | 1,376.7 | 1,539.4 | 1,541.5 | 1,524.7 | 1,500.9 | 381.2 | 381.2 | 1,054.4 | 263.6 | 263.6 | 263.6 |
| 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 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | (1,626.6) | (1,787.6) | (1,946.1) | (2,086.3) | (2,194.5) | (2,300.2) | (2,393.0) | (2,481.3) | (2,562.0) | (2,621.9) | (2,657.8) | (2,679.5) | (2,726.9) | (2,853.1) | (3,022.7) | (3,229.7) | (3,334.6) | (3,263.4) | (2,786.5) | (2,130.7) | (1,672.0) | (1,217.2) | (418.0) | (418.0) | (733.6) | (183.4) | (183.4) | (183.4) |
| Accumulated Other Comprehensive Income | 43.6 | 105.4 | 111.1 | 163.1 | 159.6 | 99.7 | 182.7 | 169.2 | 144.1 | 183.5 | 174.5 | 113.6 | 108.2 | 152.9 | 58.8 | (28.2) | (21.5) | (11.2) | 3.1 | 13.2 | 15.0 | 14.2 | (5.5) | (706.3) | 27.2 | (2.2) | (2.2) | (2.2) |
| Total Stockholders' Equity | 5,155.2 | 5,072.7 | 5,012.6 | 4,861.4 | 4,797.4 | 4,621.2 | 4,650.6 | 4,585.9 | 4,585.7 | 4,545.1 | 4,602.0 | 4,645.9 | 4,766.1 | 4,668.2 | 4,387.5 | 4,081.4 | 3,973.4 | 4,027.3 | 4,491.7 | 2,830.2 | 3,180.3 | 2,372.6 | 795.1 | 1,501.5 | 1,501.5 | 375.4 | 375.4 | 375.4 |
| Total Liabilities & Equity | 7,105.3 | 6,613.5 | 6,523.0 | 6,488.4 | 6,453.7 | 6,228.6 | 6,081.2 | 6,113.1 | 6,148.7 | 6,011.4 | 5,880.8 | 5,810.8 | 5,922.2 | 5,770.5 | 5,407.8 | 5,164.4 | 5,250.6 | 5,404.0 | 6,031.1 | 4,371.7 | 4,705.1 | 3,873.5 | 1,176.3 | 1,501.5 | 2,555.9 | 639.0 | 639.0 | 639.0 |
| Debt Metrics | ||||||||||||||||||||||||||||
| Total Debt | 70.6 | 85.1 | 79.8 | 36.7 | 243.9 | 203.0 | 63.7 | 143.0 | 197.8 | 66.1 | 68.1 | 70.2 | 14.1 | 22.0 | 37.6 | 45.3 | 58.6 | 67.5 | 68.3 | 60.6 | 64.3 | 28.4 | 16.1 | 16.1 | 12.3 | 10.8 | 10.8 | 10.8 |
| Net Debt | (1,061.6) | (259.4) | (642.2) | (1,121.4) | (742.4) | (239.2) | (655.3) | (178.8) | (199.1) | (375.0) | (576.2) | (652.6) | (1,560.1) | (576.3) | (831.0) | (289.0) | (759.1) | (643.3) | (825.1) | (1,046.7) | (997.7) | (1,120.3) | (249.4) | 1,040.8 | (952.2) | (230.3) | (230.3) | (230.3) |
| Metric | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||||||
| Net Income | 140.2 | 108.2 | 99.6 | 92.8 | 88.3 | 80.6 | 59.1 | 36.7 | 21.7 | 49.7 | 126.2 | 169.6 | 206.9 | 105.0 | (71.2) | (477.0) | (655.8) | (370.2) | (403.8) | (139.3) | (0.0) | (120.7) | (179.9) | (80.4) | (80.4) | (80.4) | (52.3) | (52.3) | (52.3) | (52.3) |
| Depreciation & Amortization | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (13.6) | 0 | 0 | 0 | 4.5 | 4.5 | 4.5 | 4.5 | 8.2 | 3.3 | 3.3 | 3.3 | 3.4 | 1.7 | 1.7 | 1.7 | 0.5 | 0.5 | 0.5 | 0.5 |
| Stock-Based Compensation | 19.9 | 19.9 | 21.7 | 25.9 | 20.2 | 19.1 | 22.8 | 34.8 | 29.4 | 46.9 | 37.7 | 25.6 | 25.7 | 23.0 | 226.2 | 56.5 | 87.2 | 71.2 | 59.8 | 57.8 | 90.8 | 19.4 | 6.1 | 7.0 | 7.0 | 7.0 | 12.0 | 12.0 | 12.0 | 12.0 |
| Change in Working Capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (143.9) | 0 | 0 | 0 | 48.0 | 48.0 | 48.0 | 48.0 | (293.2) | (126.2) | (126.2) | (126.2) | (99.6) | (61.5) | (61.5) | (61.5) | (12.9) | (12.9) | (12.9) | (12.9) |
| Other Non-Cash Items | (160.1) | (128.1) | (121.3) | (118.7) | (108.5) | (99.8) | (81.8) | (71.5) | (51.1) | (96.7) | (163.9) | (195.2) | (232.7) | (128.0) | (155.0) | 477.0 | 568.6 | 299.0 | 137.9 | 81.5 | (90.8) | 101.3 | 26.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Operating Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,357.4 | 0 | 0 | 0 | (274.2) | (274.2) | (274.2) | (274.2) | (491.1) | (194.3) | (194.3) | (194.3) | (243.8) | (133.2) | (133.2) | (133.2) | (52.8) | (52.8) | (52.8) | (52.8) |
| Investing Activities | ||||||||||||||||||||||||||||||
| Capital Expenditure | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 27.4 | 0 | 0 | 0 | (9.1) | (9.1) | (9.1) | (9.1) | (20.1) | (6.7) | (6.7) | (6.7) | (3.8) | (3.3) | (3.3) | (3.3) | (1.9) | (1.9) | (1.9) | (1.9) |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.8 | (193.7) | (193.7) | (193.7) | (0.6) | (286.0) | (286.0) | (286.0) | (1.2) | (3.6) | (3.6) | (3.6) | 11.7 | 11.7 | 11.7 | 11.7 |
| Purchases of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,312.0 | 0 | 0 | 0 | (3,266.1) | (3,266.1) | (3,266.1) | (3,266.1) | (320.6) | (320.6) | (320.6) | (320.6) | (132.7) | (132.7) | (132.7) | (132.7) | (116.6) | (116.6) | (116.6) | (116.6) |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (7,568.2) | 0 | 0 | 0 | 3,063.3 | 3,063.3 | 3,063.3 | 3,063.3 | 27.5 | 27.5 | 27.5 | 27.5 | 125.8 | 125.8 | 125.8 | 125.8 | 126.5 | 126.5 | 126.5 | 126.5 |
| Other Investing Activities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (680.8) | 0 | 0 | 0 | 8.4 | 202.8 | 202.8 | 202.8 | (842.7) | 293.1 | 293.1 | 293.1 | 88.1 | 6.9 | 6.9 | 6.9 | (9.9) | (9.9) | (9.9) | (9.9) |
| Investing Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 90.3 | 0 | 0 | 0 | (202.8) | (202.8) | (202.8) | (202.8) | (863.4) | (292.7) | (292.7) | (292.7) | 83.1 | (6.9) | (6.9) | (6.9) | 9.9 | 9.9 | 9.9 | 9.9 |
| Financing Activities | ||||||||||||||||||||||||||||||
| Net Debt Issuance | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 12.4 | 0 | 0 | 0 | (4.1) | (4.1) | (4.1) | (4.1) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (1.9) | (1.9) | (1.9) | (1.9) |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (586.5) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 946.3 | 0 | 0 | 0 | 426.0 | (4.8) | (4.8) | (4.8) | (1.9) | (1.9) | (1.9) | (1.9) |
| Financing Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (586.5) | 0 | 0 | 0 | 529.2 | 529.2 | 529.2 | 529.2 | 946.3 | (0.0) | (0.0) | (0.0) | 426.0 | (4.8) | (4.8) | (4.8) | (1.9) | (1.9) | (1.9) | (1.9) |
| Cash Position | ||||||||||||||||||||||||||||||
| Net Change in Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (26.7) | (18.8) | 0 | 151.0 | (46.2) | 0 | 0 | 40.5 | 40.5 | 40.5 | (952.0) | 999.8 | 7.3 | 7.3 | (963.3) | 1,200.9 | 230.3 | 230.3 | 230.3 | 45.4 | 45.4 | 45.4 | 45.4 |
| Cash at Beginning | 0 | 0 | 0 | 0 | 0 | 0 | 135.9 | 162.6 | 181.4 | 0 | 149.9 | 196.1 | 0 | 0 | 330.8 | 330.8 | 330.8 | 1,323.3 | 323.5 | 323.5 | 323.5 | 1,294.2 | 93.2 | 93.2 | 93.2 | 93.2 | 47.8 | 47.8 | 47.8 | 47.8 |
| Cash at End | 0 | 0 | 0 | 0 | 0 | 0 | 974.0 | 135.9 | 162.6 | 0 | 300.9 | 149.9 | 0 | 0 | 371.3 | 371.3 | 371.3 | 371.3 | 1,323.3 | 330.8 | 330.8 | 330.8 | 1,294.2 | 323.5 | 323.5 | 323.5 | 93.2 | 93.2 | 93.2 | 93.2 |
| Free Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,384.8 | 0 | 0 | 0 | (283.3) | (283.3) | (283.3) | (283.3) | (511.2) | (201.0) | (201.0) | (201.0) | (247.6) | (136.5) | (136.5) | (136.5) | (54.6) | (54.6) | (54.6) | (54.6) |
| Key Metrics | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||||||||||||||||||
| Revenue | 1,391.8 | 974.9 | 838.0 | 753.7 | 686.8 | 704.1 | 676.2 | 704.7 | 659.4 | 686.5 | 678.7 | 606.2 | 679.5 | 772.2 | 701.4 | 648.7 | 603.9 | 779.3 | 939.4 | 883.4 | 830.3 | 863.0 | 680.8 | 653.8 | 537.7 | 377.7 | 377.7 | 377.7 | 59.5 | 59.5 | 59.5 | 59.5 |
| Gross Profit | 723.8 | 499.7 | 421.5 | 379.5 | 65.5 | 363.6 | 357.1 | 373.5 | (33.3) | 374.2 | 345.6 | 358.2 | 400.9 | 430.9 | 456.8 | 493.8 | 406.8 | 483.0 | 678.9 | 582.8 | 579.5 | 664.3 | 521.4 | 520.5 | 379.7 | 304.9 | 304.9 | 304.9 | 48.1 | 48.1 | 48.1 | 48.1 |
| Operating Income | 82.7 | 113.8 | 97.3 | 75.9 | 53.0 | 26.5 | 52.4 | 46.4 | 26.6 | (2.1) | (41.6) | 10.3 | 72.9 | 132.6 | 155.9 | 116.6 | (73.9) | (513.0) | (815.4) | (460.6) | (272.8) | (119.6) | 7.2 | (111.1) | (159.7) | (48.6) | (48.6) | (48.6) | (47.0) | (47.0) | (47.0) | (47.0) |
| Net Income | 159.9 | 158.5 | 140.2 | 108.2 | 105.8 | 92.8 | 88.3 | 80.6 | 59.1 | 36.7 | 21.7 | 49.7 | 126.2 | 169.6 | 206.9 | 105.0 | (71.2) | (477.0) | (655.8) | (370.2) | (403.8) | (139.3) | (0.0) | (120.7) | (226.0) | (80.4) | (80.4) | (80.4) | (52.3) | (52.3) | (52.3) | (52.3) |
| EPS (Diluted) | 3.90 | 0.42 | 0.40 | 0.30 | 0.27 | 0.25 | 0.24 | 0.20 | 0.16 | 0.10 | 0.10 | 0.10 | 0.30 | 0.42 | 0.52 | 0.26 | -0.18 | -1.21 | -2.30 | -0.94 | -1.26 | -0.43 | -0.00 | -0.38 | -0.70 | -0.25 | -0.25 | -0.25 | -0.16 | -0.16 | -0.16 | -0.16 |
| Balance Sheet | ||||||||||||||||||||||||||||||||
| Cash & Equivalents | 1,132.2 | 344.5 | 722.0 | 1,158.1 | 986.3 | 442.1 | 719.0 | 321.8 | 396.9 | 441.2 | 644.3 | 722.8 | 1,574.2 | 598.4 | 868.6 | 334.3 | 817.7 | 710.8 | 893.4 | 1,107.4 | 1,062.0 | 1,148.6 | 265.5 | (1,024.8) | 964.5 | 241.1 | 241.1 | 241.1 | ||||
| Total Assets | 7,105.3 | 6,613.5 | 6,523.0 | 6,488.4 | 6,453.7 | 6,228.6 | 6,081.2 | 6,113.1 | 6,148.7 | 6,011.4 | 5,880.8 | 5,810.8 | 5,922.2 | 5,770.5 | 5,407.8 | 5,164.4 | 5,250.6 | 5,404.0 | 6,031.1 | 4,371.7 | 4,705.1 | 3,873.5 | 1,176.3 | 1,176.3 | 2,555.9 | 639.0 | 639.0 | 639.0 | ||||
| Total Debt | 70.6 | 85.1 | 79.8 | 36.7 | 243.9 | 203.0 | 63.7 | 143.0 | 197.8 | 66.1 | 68.1 | 70.2 | 14.1 | 22.0 | 37.6 | 45.3 | 58.6 | 67.5 | 68.3 | 60.6 | 64.3 | 28.4 | 16.1 | 16.1 | 12.3 | 10.8 | 10.8 | 10.8 | ||||
| Stockholders' Equity | 5,155.2 | 5,072.7 | 5,012.6 | 4,861.4 | 4,797.4 | 4,621.2 | 4,650.6 | 4,585.9 | 4,585.7 | 4,545.1 | 4,602.0 | 4,645.9 | 4,766.1 | 4,668.2 | 4,387.5 | 4,081.4 | 3,973.4 | 4,027.3 | 4,491.7 | 2,830.2 | 3,180.3 | 2,372.6 | 795.1 | 1,501.5 | 1,501.5 | 375.4 | 375.4 | 375.4 | ||||
| Cash Flow | ||||||||||||||||||||||||||||||||
| Operating Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,357.4 | 0 | 0 | 0 | (274.2) | (274.2) | (274.2) | (274.2) | (491.1) | (194.3) | (194.3) | (194.3) | (243.8) | (133.2) | (133.2) | (133.2) | (52.8) | (52.8) | (52.8) | (52.8) | ||
| Capital Expenditure | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 27.4 | 0 | 0 | 0 | (9.1) | (9.1) | (9.1) | (9.1) | (20.1) | (6.7) | (6.7) | (6.7) | (3.8) | (3.3) | (3.3) | (3.3) | (1.9) | (1.9) | (1.9) | (1.9) | ||
| Free Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,384.8 | 0 | 0 | 0 | (283.3) | (283.3) | (283.3) | (283.3) | (511.2) | (201.0) | (201.0) | (201.0) | (247.6) | (136.5) | (136.5) | (136.5) | (54.6) | (54.6) | (54.6) | (54.6) | ||