Workiva Inc. logo WK - Workiva Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 16
HOLD 2
SELL 0
STRONG
SELL
0
| PRICE TARGET: $85.71 DETAILS
HIGH: $102.00
LOW: $74.00
MEDIAN: $85.00
CONSENSUS: $85.71
UPSIDE: 70.36%
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
Revenue
Revenue 247.3 238.9 224.2 215.2 206.3 199.9 185.6 177.5 175.7 166.7 158.2 155.0 150.2 143.8 132.8 131.5 129.7 120.8 112.7 105.6 104.2 93.8 88.1 83.9 85.8 80.3 74.2 73.5 70.0 64.4 60.9 59.1 59.9 54.5 52.1 49.4 51.9 46.4 44.7 43.0 44.6 39.9 36.3 34.0 35.2 30.1 27.9 26.5 28.1 23.6 21.3 19.0 20.2
Cost of Revenue 48.5 46.2 46.4 49.5 48.3 45.7 43.7 41.2 41.5 37.8 38.4 39.5 38.5 34.4 32.4 32.2 30.9 29.2 26.4 24.6 23.7 23.7 21.9 22.2 22.4 23.0 21.8 20.7 19.5 17.4 15.7 16.3 16.5 16.1 15.7 14.3 14.2 13.2 12.7 12.6 13.1 11.0 9.8 9.8 9.7 10.0 8.5 7.9 7.5 6.5 6.0 5.5 5.9
Gross Profit 198.8 192.8 177.8 165.6 157.9 154.2 141.9 136.3 134.1 128.8 119.8 115.5 111.7 109.4 100.4 99.3 98.8 91.6 86.3 81.0 80.5 70.2 66.2 61.6 63.4 57.2 52.4 52.8 50.4 47.0 45.2 42.8 43.4 38.4 36.4 35.1 37.7 33.2 32.0 30.4 31.4 28.9 26.5 24.2 25.5 20.2 19.4 18.6 20.7 17.1 15.2 13.5 14.3
Operating Expenses
R&D Expenses 52.9 54.8 51.4 54.8 53.8 50.6 48.4 48.4 45.5 42.6 41.7 42.7 45.8 38.1 38.6 39.2 35.9 31.4 29.8 27.8 26.6 24.4 24.0 23.5 23.0 23.2 22.9 21.8 22.0 20.8 20.0 20.7 20.1 18.9 17.5 16.2 15.5 14.5 14.3 14.0 14.5 13.5 12.8 12.2 12.0 11.9 11.2 10.8 10.3 8.4 8.8 8.1 8.1
SG&A Expenses 130.5 130.1 129.8 132.9 128.9 116.9 115.3 111.1 106.9 95.7 93.6 95.5 112.7 84.7 92.0 88.3 80.1 71.7 64.4 58.9 58.1 50.7 49.1 54.8 49.5 48.5 45.0 39.4 35.7 34.1 35.9 43.9 32.8 34.2 32.7 28.7 28.1 26.0 30.4 27.7 29.0 27.2 28.1 22.6 20.4 19.9 20.8 17.9 14.7 14.7 15.7 12.3 12.6
Other 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 0.5 0.3 0 (0.1) 0.2 0.1 0 0.0 0.0 0 0.3 0.2 0.2 0 0 0.2 0.2 (0.1) (0.3) (0.1) (0.1) 0.0 (0.2) 0 0 0
Operating Expenses 183.4 184.9 181.2 187.8 182.7 167.5 163.7 159.5 152.4 138.3 135.3 138.2 158.5 122.7 130.5 127.5 116.0 103.1 94.3 86.7 84.7 75.1 73.1 78.3 72.5 71.7 67.9 61.2 57.8 54.8 55.9 64.6 52.9 53.1 50.2 45.0 43.7 40.6 44.7 41.8 43.6 40.7 40.8 34.8 32.4 31.8 32.0 28.7 25.0 22.6 24.5 20.4 20.7
Operating Income
Operating Income 15.3 7.9 (3.4) (22.1) (24.8) (13.3) (21.8) (23.1) (18.3) (9.5) (15.5) (22.7) (46.8) (13.3) (30.1) (28.2) (17.2) (11.5) (8.0) (5.7) (4.1) (4.9) (6.9) (16.7) (9.1) (14.5) (15.5) (8.4) (7.3) (7.8) (10.7) (21.8) (9.5) (14.7) (13.8) (9.9) (6.0) (7.4) (12.7) (11.3) (12.1) (11.8) (14.3) (10.6) (7.0) (11.6) (12.6) (10.1) (4.3) (5.5) (9.3) (6.9) (6.5)
Interest Expense 3.2 3.2 3.2 3.2 3.2 3.2 3.2 3.2 3.2 3.2 47.4 1.5 1.5 1.5 1.5 1.5 1.5 3.5 3.5 3.5 3.5 3.3 3.5 3.5 3.5 3.5 2.0 0.4 0.4 0.5 0.4 0.4 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.8 0.7 0.3 0.3 0 0 0 0
Interest Income 8.1 8.6 8.4 8.3 8.7 9.3 9.3 10.3 10.5 10.3 7.3 4.5 3.7 2.6 1.4 0.6 0.3 0.2 0.2 0.3 0.4 0.5 0.5 0.7 1.7 2.1 1.5 0.6 0.5 0.4 0.3 0 0 0.2 0.2 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.1 0.0 0.0 0.1 0 0 0 0.2 0.3 0.1 0.1
Profitability
EBITDA 17.8 18.2 8.0 (11.6) (24.8) (0.2) (9.8) (10.3) (5.2) 3.3 (5.6) (15.7) (41.3) (8.4) (25.0) (24.2) (15.1) (9.7) (2.5) (4.5) (3.1) (4.1) (5.7) (15.1) (5.6) (11.5) (12.9) (6.9) (6.1) (6.1) (9.4) (20.4) (8.3) (12.9) (12.7) (8.8) (4.5) (6.2) (11.5) (10.1) (10.5) (8.7) (13.3) (9.3) (5.8) (10.9) (11.6) (9.4) (3.5) (4.7) (8.6) (6.4) (6.0)
EBIT 15.3 15.8 5.4 (14.5) (22.6) (3.1) (12.8) (12.9) (7.7) 0.5 (8.3) (18.6) (44.1) (11.3) (27.7) (26.9) (17.1) (11.3) (3.9) (5.6) (4.2) (4.9) (6.8) (16.1) (6.7) (12.7) (14.0) (7.9) (7.0) (7.0) (10.5) (21.3) (9.2) (13.9) (13.6) (9.7) (5.4) (7.1) (12.4) (11.0) (11.5) (9.8) (14.2) (10.4) (7.0) (12.0) (12.7) (10.2) (4.3) (5.5) (9.3) (6.9) (6.5)
Income Before Tax 20.6 12.6 2.2 (17.7) (19.4) (6.3) (16.0) (16.1) (11.0) (2.7) (55.7) (20.1) (45.6) (12.8) (29.2) (28.4) (18.6) (14.8) (7.5) (9.1) (7.7) (8.2) (10.3) (19.6) (10.1) (16.3) (16.0) (8.3) (7.5) (7.5) (10.9) (21.7) (9.6) (14.3) (14.0) (10.2) (5.8) (7.5) (12.9) (11.5) (12.0) (10.3) (14.7) (10.9) (7.5) (12.6) (13.4) (10.6) (4.6) (5.5) (9.5) (7.0) (6.5)
Income Tax Expense 1.6 0.8 (0.6) 1.7 1.9 2.5 1.0 1.5 0.7 1.5 0.5 0.8 0.6 1.1 0.5 0.4 (0.1) (0.5) (0.9) 0.4 (0.3) (0.6) 0.1 (0.0) 0.3 0.0 0.1 (0.0) 0.0 0.2 0.0 0.0 0.0 (0.0) 0.0 0.0 0.0 0.0 (0.0) 0.0 0.0 0.0 (0.0) 0.1 (0.1) 0.0 0 0 0 0 0 0 0
Net Income 19.0 11.8 2.8 (19.4) (21.4) (8.8) (17.0) (17.5) (11.7) (4.2) (56.3) (20.9) (46.1) (13.9) (29.7) (28.9) (18.5) (14.3) (6.6) (9.5) (7.3) (7.6) (10.4) (19.6) (10.4) (16.3) (16.1) (8.3) (7.5) (7.7) (11.0) (21.8) (9.6) (14.3) (14.1) (10.2) (5.8) (7.5) (12.9) (11.5) (12.0) (10.3) (14.6) (11.0) (7.4) (12.7) (13.4) (10.6) (4.6) (5.5) (9.5) (7.0) (6.5)
Per Share Data
EPS (Basic) 0.33 0.21 0.05 -0.35 -0.38 -0.16 -0.31 -0.32 -0.21 -0.08 -1.04 -0.39 -0.86 -0.26 -0.56 -0.55 -0.35 -0.28 -0.13 -0.19 -0.15 -0.16 -0.21 -0.41 -0.22 -0.35 -0.34 -0.18 -0.17 -0.17 -0.25 -0.50 -0.22 -0.34 -0.34 -0.25 -0.14 -0.18 -0.32 -0.28 -0.30 -0.26 -0.37 -0.28 -0.19 -0.38 -0.34 -0.33 -0.14 -0.17 -0.29 -0.22 -0.20
EPS (Diluted) 0.33 0.20 0.05 -0.35 -0.38 -0.16 -0.31 -0.32 -0.21 -0.08 -1.04 -0.39 -0.86 -0.26 -0.56 -0.55 -0.35 -0.28 -0.13 -0.19 -0.15 -0.16 -0.21 -0.41 -0.22 -0.35 -0.34 -0.18 -0.17 -0.17 -0.25 -0.50 -0.22 -0.34 -0.34 -0.25 -0.14 -0.18 -0.32 -0.28 -0.30 -0.26 -0.37 -0.28 -0.19 -0.38 -0.34 -0.33 -0.14 -0.17 -0.29 -0.22 -0.20
Shares Outstanding 56.9 56.5 56.3 56.2 56.2 55.7 55.6 55.2 54.9 54.4 54.3 54.0 53.7 53.3 53.1 52.9 52.6 51.7 51.4 51.1 50.2 49.2 48.8 48.2 47.5 47.1 46.7 46.2 45.2 44.5 44.0 43.2 42.9 42.1 41.8 41.4 41.1 40.9 40.8 40.6 40.5 40.2 40.0 39.6 39.6 33.1 39.5 31.9 32.2 32.2 32.2 32.2 32.2
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
Current Assets
Cash & Cash Equivalents 335.0 338.8 315.9 284.3 242.0 301.8 248.2 267.9 296.1 256.1 404.9 198.9 195.5 240.2 229.5 226.3 303.1 300.4 291.1 322.2 331.2 322.8 426.1 402.1 393.4 381.7 389.1 94.7 78.7 77.6 71.8 57.5 65.3 60.3 62.7 60.0 52.2 51.3 42.8 39.9 43.2
Short-Term Investments 529.1 552.9 540.9 529.5 525 514.6 528.1 473.0 542.3 557.6 377.5 267.3 244.3 190.6 203.5 202.7 220.5 230.1 231.2 229.4 209.4 207.2 97.8 106.5 102.6 106.2 95.6 42.9 35.7 20.8 25.1 23.2 15.8 16.4 15.0 12.9 12.5 11.4 11.0 11.0 12.7
Net Receivables 146.0 179.4 144.4 131.0 127.9 158.7 146.6 128.2 95.1 132.6 105.9 89.7 82.2 113.0 85.7 78.6 73.5 80.4 67.5 68.7 57.1 72.1 58.0 44.1 48.2 62.7 45.2 48.4 52.0 66.3 42.1 39.9 40.2 29.8 25.4 24.3 20.3 24.1 23.6 19.2 17.5
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 0 0 0 0 0 0 0 0 0 0
Other Current Assets 33.2 91.4 66.1 78.4 79.3 73.1 65.8 63.3 25.8 62.7 58.9 63.9 63.4 56.3 35.0 30.0 31.8 31.2 28.0 26.6 22.9 21.9 17.9 15.7 12.6 14.1 12.7 11.4 9.5 8.2 5.9 4.8 3.8 2.4 2.2 2.0 1.9 1.9 1.6 1.5 1.4
Total Current Assets 1,043.3 1,162.4 1,092.3 1,023.1 974.3 1,048.2 988.7 932.4 959.2 1,008.9 947.2 619.9 585.4 600.1 567.9 555.3 645.1 657.1 630.9 659.0 633.4 633.1 609.4 577.7 565.2 571.2 550.9 205.4 183.5 177.2 150.7 133.7 131.3 115.3 111.6 110.6 95.4 98.0 84.1 77.0 78.8
Non-Current Assets
Property, Plant & Equipment 30.4 34.5 30.7 32.8 33.8 33.6 31.2 32.8 34.5 36.9 35.3 36.9 38.8 41.0 41.5 42.4 44.6 46.6 43.0 44.5 45.5 45.2 54.9 56.4 57.6 47.7 56.2 57.6 58.1 41.5 39.8 39.3 39.8 40.4 41.3 41.1 41.9 42.6 43.3 43.6 43.7
Goodwill 204.2 206.2 206.0 206.0 199.7 196.8 202.1 199.2 110.3 112.1 108.9 111.2 111.0 109.7 103.1 109.0 34.6 34.6 34.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 21.5 22.3 23.5 25.2 26.0 27.4 30.3 31.5 21.2 22.9 23.6 25.6 27.1 28.2 27.8 30.2 9.7 10.4 8.2 1.5 1.6 1.6 1.6 1.6 1.6 1.7 1.8 1.8 1.3 1.3 1.2 1.2 1.2 1.1 1.1 1.1 1.0 1.0 1.0 1.0 0.9
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 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 125.9 68.2 58.9 58.5 59.8 62.4 49.7 46.8 76.7 38.0 34.2 37.2 37.8 40.5 36.3 39.9 36.0 38.1 33.8 33.9 28.0 27.1 21.6 19.0 19.3 18.4 17.9 15.2 13.3 11.1 8.8 7.5 6.4 0.9 1.6 1.4 1.4 1.5 1.6 1.1 0.8
Total Non-Current Assets 382.0 331.2 319.0 322.6 319.3 320.2 313.4 310.3 242.7 209.9 202.0 210.9 214.6 219.5 208.8 221.5 124.8 129.7 119.3 79.9 75.1 73.9 78.1 77.1 78.5 67.7 75.9 74.6 72.8 53.9 49.8 48.0 47.4 42.4 43.9 43.6 44.4 45.1 45.9 45.7 45.5
Total Assets 1,425.4 1,493.6 1,411.3 1,345.7 1,293.6 1,368.5 1,302.1 1,242.7 1,201.9 1,218.9 1,149.1 830.8 800.1 819.6 776.6 776.8 769.9 786.8 750.2 738.9 708.4 707.0 687.5 654.7 643.7 639.0 626.8 280.0 256.3 231.1 200.4 181.7 178.6 157.7 155.6 154.2 139.8 143.1 129.9 122.7 124.3
Current Liabilities
Account Payables 10.7 8.9 11.0 10.9 14.8 7.7 13.3 8.2 9.9 5.2 4.9 5.3 6.4 6.2 9.7 5.8 8.4 4.1 4.0 3.7 4.7 2.8 3.7 3.8 5.5 7.1 4.9 4.8 3.2 5.5 5.1 4.7 5.9 3.1 1.9 1.2 1.9 0.8 5.6 5.0 4.2
Short-Term Debt 76.6 77.4 71.0 70.9 0 0 0 0 0 0 0 0 0 0 0 0 0 298.7 296.3 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
Deferred Revenue 514.3 547.9 0 484.8 460.1 482.1 414.2 407.6 367.1 405.6 363.4 350.8 333.7 341.8 306.1 296.5 283.1 284.5 260.3 245.9 230.6 227.3 199.0 184.9 184.2 185.8 156.4 156.2 149.9 148.5 128.4 118.5 110.9 104.9 100.0 92.8 79.9 77.0 64.8 57.3 53.1
Other Current Liabilities 41.7 107.4 520.1 48.9 35.7 34.3 107.0 42.8 39.1 29.7 41.5 37.9 26.9 24.2 33.6 30.4 23.0 24.9 31.4 27.0 19.0 21.1 25.5 22.7 15.7 19.2 23.0 21.3 20.6 20.4 23.5 22.9 21.9 13.4 7.3 4.8 2.5 8.7 6.2 8.6 7.1
Total Current Liabilities 686.1 741.7 692.5 662.3 547.3 592.4 539.2 506.2 466.9 484.5 438.0 424.3 396.0 406.9 375.8 365.3 340.6 646.5 616.7 307.1 278.6 281.8 251.2 233.0 222.0 232.1 209.8 204.4 187.8 191.6 169.0 155.4 144.5 129.3 123.8 112.6 98.0 99.9 89.1 79.6 74.6
Non-Current Liabilities
Long-Term Debt 696.8 706.7 695.7 695.2 765.5 764.9 764.3 763.7 763.1 762.5 761.8 340.9 340.6 340.3 339.9 339.6 339.3 0 0 294.0 291.8 289.5 287.2 285.0 282.8 280.6 278.4 0 0 0 0 0 0 0 0 0.0 0.1 0.1 0.1 0.1 0.1
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 0 0 0 0 0 0
Other Non-Current Liabilities 0.1 (10.4) 39.1 0.3 0.2 0.2 27.8 0.2 0.2 0.2 1.5 1.5 1.5 1.5 1.4 1.4 1.6 1.6 1.3 1.3 1.7 1.7 1.7 1.8 1.6 1.5 1.4 1.3 1.0 6.9 5.5 4.1 4.0 4.2 4.3 4.4 4.7 4.1 4.1 5.5 5.2
Total Non-Current Liabilities 751.9 757.4 755.8 750.0 822.0 817.7 813.7 814.2 818.1 823.8 824.8 406.3 403.1 406.7 406.4 403.6 404.1 67.3 63.3 359.7 360.1 360.9 356.8 350.5 352.0 352.6 346.8 65.9 64.6 49.3 43.7 44.0 43.3 45.3 46.3 47.8 46.8 46.4 40.4 34.3 33.1
Total Liabilities 1,438.0 1,499.0 1,448.2 1,412.3 1,369.4 1,410.2 1,352.9 1,320.4 1,285.1 1,308.2 1,262.8 830.6 799.1 813.6 782.1 768.9 744.7 713.8 680.0 666.8 638.7 642.7 608.0 583.5 573.9 584.7 556.6 270.4 252.4 240.9 212.7 199.4 187.9 174.6 170.1 160.3 144.8 146.3 129.5 113.9 107.7
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 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 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 (714.9) (733.9) (745.7) (748.5) (729.1) (707.7) (698.9) (681.9) (664.3) (652.6) (648.4) (592.2) (571.3) (525.1) (511.2) (481.5) (452.7) (452.4) (438.1) (431.5) (422.0) (414.7) (396.0) (385.5) (365.7) (366.3) (338.9) (322.8) (314.5) (307.0) (299.3) (288.3) (266.6) (265.3) (251.0) (236.9) (226.7) (220.9) (213.4) (200.5) (189.0)
Accumulated Other Comprehensive Income 2.5 7.4 6.8 6.8 (2.1) (6.4) 2.9 (4.7) (3.6) 0.3 (6.4) (3.4) (3.4) (6.7) (16.7) (8.8) (2.1) (0.3) 0.2 0.2 0.2 0.2 0.5 0.7 0.3 0.3 0.3 0.2 0.1 0.1 0.1 0.1 0.0 0.1 0.1 0.2 0.3 0.3 0.2 0.3 0.2
Total Stockholders' Equity (12.6) (5.4) (36.9) (66.5) (75.7) (41.7) (50.8) (77.7) (83.2) (89.4) (113.7) 0.2 0.9 6.0 (5.5) 7.9 25.2 73.0 70.2 72.1 69.8 64.3 79.5 71.2 69.8 54.2 70.1 9.6 3.9 (9.7) (12.3) (17.7) (9.2) (16.9) (14.5) (6.1) (5.0) (3.1) 0.4 8.8 16.6
Total Liabilities & Equity 1,425.4 1,493.6 1,411.3 1,345.7 1,293.6 1,368.5 1,302.1 1,242.7 1,201.9 1,218.9 1,149.1 830.8 800.1 819.6 776.6 776.8 769.9 786.8 750.2 738.9 708.4 707.0 687.5 654.7 643.7 639.0 626.8 280.0 256.3 231.1 200.4 181.7 178.6 157.7 155.6 154.2 139.8 143.1 129.9 122.7 124.3
Debt Metrics
Total Debt 793.5 807.8 792.9 793.7 794.2 793.3 790.5 791.3 791.8 793.2 790.0 370.6 372.0 373.2 373.8 374.6 376.5 337.7 332.9 332.5 331.8 329.6 326.2 325.2 324.5 323.3 318.1 40.7 41.7 18.4 18.7 19.0 19.3 19.6 19.9 20.3 20.8 21.1 21.5 22.1 22.6
Net Debt 458.5 469.1 477.0 509.5 552.2 491.4 542.3 523.4 495.8 537.1 385.2 171.6 176.5 133.0 144.3 148.4 73.4 37.4 41.8 10.3 0.6 6.8 (99.9) (76.9) (69.0) (58.5) (71.1) (54.1) (37.0) (59.2) (53.1) (38.5) (46.0) (40.7) (42.8) (39.7) (31.4) (30.2) (21.3) (17.8) (20.7)
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 19.0 11.8 2.8 (19.4) (21.4) (8.8) (17.0) (17.5) (11.7) (4.2) (56.3) (20.9) (46.1) (13.9) (29.7) (28.9) (18.5) (14.3) (6.6) (9.5) (7.3) (7.6) (10.5) (19.6) (10.4) (16.3) (16.1) (8.3) (7.5) (7.7) (11.0) (21.8) (9.6) (14.3) (14.1) (10.2) (5.8) (7.5) (12.9) (11.5) (12.0)
Depreciation & Amortization 2.5 2.5 2.7 2.9 2.9 2.9 3.0 2.6 2.5 2.8 2.7 2.9 2.8 2.8 2.7 2.7 2.0 1.7 1.4 1.1 1.1 0.9 1.2 1.1 1.1 1.2 1.1 1.0 0.9 0.9 1.1 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 1.0 1.0
Stock-Based Compensation 28.6 36.3 30.2 28.5 27.9 26.3 27.5 25.4 23.0 20.7 19.4 20.6 38.0 16.6 20.3 18.4 15.3 13.3 12.7 11.1 11.6 10.3 10.6 14.9 9.9 9.9 9.2 8.5 8.2 7.5 6.9 10.5 5.9 6.3 4.7 4.4 4.1 3.7 3.7 3.5 3.4
Change in Working Capital (29.5) 0.9 10.9 39.4 (15.6) 25.5 7.4 (7.9) 14.6 7.2 5.5 24.6 10.9 (7.7) 11.0 15.5 (0.5) 6.5 10.3 6.7 3.7 7.2 4.7 8.3 1.9 5.0 9.5 17.4 3.8 (1.3) 10.4 7.9 4.7 1.8 14.6 8.9 3.6 13.0 11.4 3.2 (11.1)
Other Non-Cash Items 6.2 (0.3) (0.4) (1.1) (1.1) (1.9) (2.0) (2.5) (3.3) (2.2) 43.7 (1.2) (0.0) 0.2 0.5 0.8 1.0 3.2 (0.6) 3.1 2.8 2.6 1.8 2.6 2.3 2.2 1.0 0.2 (0.3) 0.2 0.1 (0.1) (0.1) (0.6) (0.2) (0.0) (0.5) (0.1) (0.3) (0.1) (0.4)
Operating Cash Flow 26.5 51.0 46.2 50.3 (7.4) 44.0 18.9 (0.0) 24.8 24.3 15.0 26.0 5.6 (1.3) 4.9 8.7 (0.9) 9.3 16.3 12.8 11.5 13.6 7.8 7.2 4.8 2.0 4.7 18.8 5.1 (0.4) 7.6 (2.5) 1.8 (6.2) 5.2 4.0 2.6 10.0 2.8 (4.0) (19.1)
Investing Activities
Capital Expenditure (0.7) (0.2) (0.1) (1.0) (0.8) (0.9) (0.3) (0.1) (0.2) (0.5) (0.9) (0.7) (0.3) (1.3) (1.1) (0.7) (0.6) (1.1) (0.8) (0.9) (0.9) (0.2) (0.5) (0.8) (0.8) (0.3) (0.7) (1.0) (1.8) (0.5) (0.6) (0.3) (0.1) (0.1) (1.0) (0.1) (0.2) (0.8) (0.1) (0.7) (0.5)
Acquisitions (0.8) 0 0 0 0 0.0 0.2 (98.3) 0 0 0 0 0 0.2 (35.1) (99.2) 0 (2.4) (35.1) (0.1) 0 0 0.1 0 0 (1.0) (0.1) 0.6 0.1 0.2 0.0 0.1 0 0.1 0.1 0.0 0.0 0 12.7 0.1 0
Purchases of Investments (91.5) (112.2) (107.3) (103.0) (103.0) (92.2) (158.5) (35.0) (116.6) (251.3) (145.0) (51.2) (125.8) (31.2) (41.6) (23.8) (34.1) (27.0) (48.2) (51.2) (43.7) (130.7) (8.0) (16.5) (20.8) (17.1) (54.7) (18.6) (22.2) (6.9) (6.4) (11.3) 0 (3.0) (5.0) (2.3) (4.1) (0.5) (15.7) (0.8) 0
Sales/Maturities of Investments 114.3 101.3 97.3 99.7 94.6 106.3 109.0 107.1 134.2 76.5 36.9 29.3 75.6 43.7 40.1 40.5 41.2 26.8 45.6 30.5 40.6 20.6 16.3 13.1 24.4 6.5 2.0 11.5 7.4 11.4 4.6 3.9 0 1.6 2.8 1.9 3.0 0 3.0 2.4 4.8
Other Investing Activities (0.0) (0.3) (0.0) (0.0) (0.0) (0.1) (0.0) (0.0) (0.0) (0.1) (0.0) (0.0) (0.1) (0.2) 35.1 (0.0) (0.0) (0.0) (0.1) (0.7) (0.1) (0.0) (0.1) (0.1) (0.1) 1.0 (0.9) (0.6) (0.1) (0.2) (0.0) (0.1) 0.4 (0.1) (0.1) (0.0) (0.0) (0.0) (0.0) (0.1) (0.1)
Investing Cash Flow 21.3 (11.4) (10.1) (4.3) (9.1) 13.2 (49.6) (26.3) 17.4 (175.2) (109.0) (22.5) (50.5) 11.2 (2.6) (83.1) 6.5 (3.7) (38.5) (22.4) (4.0) (110.2) 7.8 (4.2) 2.8 (10.9) (54.5) (8.1) (16.6) 4.0 (2.4) (7.7) 0.4 (1.5) (3.2) (0.5) (1.2) (1.3) (0.1) 0.9 4.3
Financing Activities
Net Debt Issuance (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) 294.1 (0.1) (0.1) (0.2) (0.5) (0.4) (0.4) (0.4) (0.4) (0.4) (0.4) (0.7) (0.3) (0.4) (0.4) (0.3) 335.6 (0.3) (0.3) (0.3) (0.3) (0.3) (0.3) (0.3) (0.4) (0.5) (0.3) (0.4) (0.5) (0.5) (0.4)
Stock Repurchased (50) (11.5) (10.0) (10.0) (40.1) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.4) 0 0 (0.5) 0 (0.2) 0 0 (0.9) 0 0 0 (0.8)
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 (8.7) (9.2) 6.6 (0.6) (4.8) 1.0 8.8 (1.4) (1.2) 1.1 7.1 (0.5) (0.2) 0.7 4.7 (0.2) (2.5) 7.8 (8.0) 1.5 1.2 (6.6) 8.4 5.9 5.1 1.7 8.7 5.5 0 2.7 9.4 3.3 1.7 (0.2) 1.1 4.7 (0.1) 0.2 0.8 0.2 0.5
Financing Cash Flow (50.0) (17.5) (3.6) (8.9) (45.0) 0.9 8.7 (1.5) (1.3) 1.0 301.2 (0.6) (0.3) (1.4) 3.5 (0.6) (3.0) 3.9 (8.4) 0.3 0.8 (7.3) 8.0 5.5 4.7 1.3 344.3 5.2 12.5 2.5 9.1 2.5 2.8 5.4 0.7 4.2 (0.4) (0.2) 0.3 (0.3) (0.7)
Cash Position
Net Change in Cash (4.5) 22.9 31.7 42.2 (59.6) 53.6 (19.7) (28.2) 39.9 (148.2) 205.9 3.5 (44.7) 10.7 3.2 (76.8) 2.7 9.3 (31.1) (9.0) 8.3 (103.3) 24.0 8.7 11.7 (7.4) 294.4 16.0 1.2 5.7 14.3 (7.8) 4.9 (2.4) 2.7 7.8 0.9 8.4 3.0 (3.3) (15.5)
Cash at Beginning 339.5 316.6 285.0 242.7 302.4 248.8 268.4 296.6 256.7 404.9 198.9 195.5 240.2 229.5 226.3 303.1 300.4 291.1 322.2 331.2 322.8 426.1 402.1 393.4 381.7 389.1 94.7 78.7 77.6 71.8 57.5 65.3 60.3 62.7 60.0 52.2 51.3 42.8 39.9 43.2 58.8
Cash at End 335.0 339.5 316.6 285.0 242.7 302.4 248.8 268.4 296.6 256.7 404.9 198.9 195.5 240.2 229.5 226.3 303.1 300.4 291.1 322.2 331.2 322.8 426.1 402.1 393.4 381.7 389.1 94.7 78.7 77.6 71.8 57.5 65.3 60.3 62.7 60.0 52.2 51.3 42.8 39.9 43.2
Free Cash Flow 25.7 50.7 46.0 49.3 (8.1) 43.1 18.6 (0.2) 24.6 23.9 14.0 25.3 5.3 (2.6) 3.8 8.0 (1.5) 8.1 15.5 11.9 10.6 13.4 7.3 6.4 4.1 1.7 4.0 17.7 3.3 (0.9) 7.0 (2.8) 1.7 (6.3) 4.1 3.9 2.4 9.1 2.7 (4.7) (19.5)
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
Income Statement
Revenue 247.3 238.9 224.2 215.2 206.3 199.9 185.6 177.5 175.7 166.7 158.2 155.0 150.2 143.8 132.8 131.5 129.7 120.8 112.7 105.6 104.2 93.8 88.1 83.9 85.8 80.3 74.2 73.5 70.0 64.4 60.9 59.1 59.9 54.5 52.1 49.4 51.9 46.4 44.7 43.0 44.6 39.9 36.3 34.0 35.2 30.1 27.9 26.5 28.1 23.6 21.3 19.0 20.2
Gross Profit 198.8 192.8 177.8 165.6 157.9 154.2 141.9 136.3 134.1 128.8 119.8 115.5 111.7 109.4 100.4 99.3 98.8 91.6 86.3 81.0 80.5 70.2 66.2 61.6 63.4 57.2 52.4 52.8 50.4 47.0 45.2 42.8 43.4 38.4 36.4 35.1 37.7 33.2 32.0 30.4 31.4 28.9 26.5 24.2 25.5 20.2 19.4 18.6 20.7 17.1 15.2 13.5 14.3
Operating Income 15.3 7.9 (3.4) (22.1) (24.8) (13.3) (21.8) (23.1) (18.3) (9.5) (15.5) (22.7) (46.8) (13.3) (30.1) (28.2) (17.2) (11.5) (8.0) (5.7) (4.1) (4.9) (6.9) (16.7) (9.1) (14.5) (15.5) (8.4) (7.3) (7.8) (10.7) (21.8) (9.5) (14.7) (13.8) (9.9) (6.0) (7.4) (12.7) (11.3) (12.1) (11.8) (14.3) (10.6) (7.0) (11.6) (12.6) (10.1) (4.3) (5.5) (9.3) (6.9) (6.5)
Net Income 19.0 11.8 2.8 (19.4) (21.4) (8.8) (17.0) (17.5) (11.7) (4.2) (56.3) (20.9) (46.1) (13.9) (29.7) (28.9) (18.5) (14.3) (6.6) (9.5) (7.3) (7.6) (10.4) (19.6) (10.4) (16.3) (16.1) (8.3) (7.5) (7.7) (11.0) (21.8) (9.6) (14.3) (14.1) (10.2) (5.8) (7.5) (12.9) (11.5) (12.0) (10.3) (14.6) (11.0) (7.4) (12.7) (13.4) (10.6) (4.6) (5.5) (9.5) (7.0) (6.5)
EPS (Diluted) 0.33 0.20 0.05 -0.35 -0.38 -0.16 -0.31 -0.32 -0.21 -0.08 -1.04 -0.39 -0.86 -0.26 -0.56 -0.55 -0.35 -0.28 -0.13 -0.19 -0.15 -0.16 -0.21 -0.41 -0.22 -0.35 -0.34 -0.18 -0.17 -0.17 -0.25 -0.50 -0.22 -0.34 -0.34 -0.25 -0.14 -0.18 -0.32 -0.28 -0.30 -0.26 -0.37 -0.28 -0.19 -0.38 -0.34 -0.33 -0.14 -0.17 -0.29 -0.22 -0.20
Balance Sheet
Cash & Equivalents 335.0 338.8 315.9 284.3 242.0 301.8 248.2 267.9 296.1 256.1 404.9 198.9 195.5 240.2 229.5 226.3 303.1 300.4 291.1 322.2 331.2 322.8 426.1 402.1 393.4 381.7 389.1 94.7 78.7 77.6 71.8 57.5 65.3 60.3 62.7 60.0 52.2 51.3 42.8 39.9 43.2
Total Assets 1,425.4 1,493.6 1,411.3 1,345.7 1,293.6 1,368.5 1,302.1 1,242.7 1,201.9 1,218.9 1,149.1 830.8 800.1 819.6 776.6 776.8 769.9 786.8 750.2 738.9 708.4 707.0 687.5 654.7 643.7 639.0 626.8 280.0 256.3 231.1 200.4 181.7 178.6 157.7 155.6 154.2 139.8 143.1 129.9 122.7 124.3
Total Debt 793.5 807.8 792.9 793.7 794.2 793.3 790.5 791.3 791.8 793.2 790.0 370.6 372.0 373.2 373.8 374.6 376.5 337.7 332.9 332.5 331.8 329.6 326.2 325.2 324.5 323.3 318.1 40.7 41.7 18.4 18.7 19.0 19.3 19.6 19.9 20.3 20.8 21.1 21.5 22.1 22.6
Stockholders' Equity (12.6) (5.4) (36.9) (66.5) (75.7) (41.7) (50.8) (77.7) (83.2) (89.4) (113.7) 0.2 0.9 6.0 (5.5) 7.9 25.2 73.0 70.2 72.1 69.8 64.3 79.5 71.2 69.8 54.2 70.1 9.6 3.9 (9.7) (12.3) (17.7) (9.2) (16.9) (14.5) (6.1) (5.0) (3.1) 0.4 8.8 16.6
Cash Flow
Operating Cash Flow 26.5 51.0 46.2 50.3 (7.4) 44.0 18.9 (0.0) 24.8 24.3 15.0 26.0 5.6 (1.3) 4.9 8.7 (0.9) 9.3 16.3 12.8 11.5 13.6 7.8 7.2 4.8 2.0 4.7 18.8 5.1 (0.4) 7.6 (2.5) 1.8 (6.2) 5.2 4.0 2.6 10.0 2.8 (4.0) (19.1)
Capital Expenditure (0.7) (0.2) (0.1) (1.0) (0.8) (0.9) (0.3) (0.1) (0.2) (0.5) (0.9) (0.7) (0.3) (1.3) (1.1) (0.7) (0.6) (1.1) (0.8) (0.9) (0.9) (0.2) (0.5) (0.8) (0.8) (0.3) (0.7) (1.0) (1.8) (0.5) (0.6) (0.3) (0.1) (0.1) (1.0) (0.1) (0.2) (0.8) (0.1) (0.7) (0.5)
Free Cash Flow 25.7 50.7 46.0 49.3 (8.1) 43.1 18.6 (0.2) 24.6 23.9 14.0 25.3 5.3 (2.6) 3.8 8.0 (1.5) 8.1 15.5 11.9 10.6 13.4 7.3 6.4 4.1 1.7 4.0 17.7 3.3 (0.9) 7.0 (2.8) 1.7 (6.3) 4.1 3.9 2.4 9.1 2.7 (4.7) (19.5)