Zymeworks Inc. logo ZYME - Zymeworks Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 18
HOLD 2
SELL 0
STRONG
SELL
0
| PRICE TARGET: $38.25 DETAILS
HIGH: $48.00
LOW: $32.00
MEDIAN: $36.50
CONSENSUS: $38.25
UPSIDE: 49.36%
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
Revenue
Revenue 2.4 2.5 27.6 48.7 27.1 31.0 16 19.2 10.0 16.9 16.5 7.0 35.6 402.5 2.6 5.4 1.9 19.9 4.4 1.8 0.6 15.7 2.6 12.4 8.3 1.9 7.9 7.9 11.9 28.9 2.1 22 0.0 50.1 0.1 1.3 0.2 2.2 2.2 6.3 0.3 1.4
Cost of Revenue 2.8 1.7 0 0 0 0 0 0 0 0 0 39.4 45.4 52.8 37.1 56.0 62.5 54.7 49.9 50.7 44.3 39.8 54.4 39.2 36.9 45.4 29.3 23.8 17.5 14.3 14.2 15.4 13.1 12.0 11.5 8.3 8.8 7.7 9.8 10.2 7.9 8.0
Gross Profit (0.4) 0.8 27.6 48.7 27.1 31.0 16 19.2 10.0 16.9 16.5 (32.4) (9.8) 349.7 (34.5) (50.6) (60.6) (34.8) (45.5) (48.9) (43.6) (24.1) (51.8) (26.9) (28.7) (43.5) (21.4) (15.9) (5.5) 14.6 (12.1) 6.6 (13.0) 38.1 (11.4) (6.9) (8.6) (5.4) (7.6) (3.9) (7.7) (6.5)
Operating Expenses
R&D Expenses 2,408 31.2 35.6 34.4 35.7 37.1 36.4 29.2 32.0 25.5 32.8 39.4 45.9 53.0 37.1 56.0 62.5 54.9 49.9 50.7 44.3 40.2 54.4 39.8 36.9 45.5 7,860 23.8 17.5 14.1 14.1 15.4 13.1 12.9 11.5 8.3 9.1 8.9 9.8 10.2 7.9 8.2
SG&A Expenses 15,069 13.7 14.1 14.9 17 16.2 13.9 15.7 1.2 14.8 17 21.7 16.9 31.8 15.9 15.2 12.1 5.8 15.4 20.0 1.2 13.1 21.9 12.9 7.2 30.4 12.2 12.8 9.0 6.3 7.4 8.6 7.1 4.7 5.3 2.3 6.3 5.1 2.7 2.7 2.1 1.4
Other Expenses (17,430.3) 0 0.0 0.1 (0.0) (0.0) (0.0) 17.3 14.6 0.0 (0.0) (39.4) (45.4) (54.4) (37.1) (56.0) (62.5) (54.7) (49.9) (50.7) (44.2) (39.9) (54.4) (39.2) (36.9) (45.7) 21,391 16.7 5.5 1.1 12,088 0 13.0 (0.3) 0 0 (0.2) (1.3) 0 0 0 0
Operating Expenses 46.7 45.0 49.7 49.4 52.7 53.2 50.2 62.1 47.8 40.3 49.7 21.7 17.4 30.3 15.9 15.2 12.1 6.0 15.5 19.9 1.3 13.5 21.9 13.5 7.2 30.2 12.2 36.5 26.5 20.4 21.6 24.0 20.2 16.7 16.8 10.6 15.1 12.8 12.5 12.9 10.0 1.4
Operating Income
Operating Income (47.1) (44.2) (22.1) (0.7) (25.6) (22.2) (34.2) (42.9) (37.8) (23.4) (33.2) (54.1) (27.3) 319.4 (50.4) (65.8) (72.7) (40.8) (61.0) (68.9) (44.9) (37.5) (73.7) (40.3) (35.9) (73.8) (33.6) (29.4) (14.6) 8.5 (19.5) (2.0) (20.1) 33.3 (16.7) (9.2) (16.4) (10.5) (11.1) (6.5) (9.7) (7.9)
Interest Expense 2.1 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 0.1 0.0 0 0.2 0.0 0.0 0.5 0.0 0.2 0.2 0.2 0.3 0.5 0.0 0
Interest Income 2.7 3.0 3.5 3.4 3.4 4.1 4.8 5.2 5.9 5.0 5.0 4.8 4.8 1.7 1.1 0.4 0.3 0.3 0.3 0.6 0.7 1.0 1.3 1.5 1.9 1.5 2.1 1.2 1.3 1.0 1.1 0.3 0.3 0.2 0.2 0.3 0.1 0.1 0.1 0.1 0.0 0.1
Profitability
EBITDA (44.3) (53.9) (15.7) 2.6 (22.3) (18.5) (31.6) (23.1) (20.9) (20.0) (26.7) (51.5) (24.5) 319.6 (48.8) (64.3) (70.2) (39.8) (60.0) (67.9) (42.8) (36.3) (72.8) (38.1) (35.1) (73.2) (31.9) (27.1) (13.1) 10.8 (17.5) (3.3) (20.5) 34.1 (15.5) (9.8) (15.0) (9.9) (12.1) (6.8) (9.5) (7.6)
EBIT (47.1) (41.5) (18.3) (0.6) (25.6) (22.2) (34.3) (25.6) (23.2) (23.4) (33.3) (54.1) (26.8) 317.9 (50.4) (65.8) (72.7) (40.6) (60.9) (68.9) (44.9) (37.2) (73.7) (40.3) (35.8) (73.9) (33.6) (28.7) (14.6) 9.6 (18.5) (4.0) (21.3) 33.3 (16.2) (10.5) (15.7) (11.1) (11.9) (6.9) (8.1) (7.9)
Income Before Tax (46.4) (41.5) (18.3) 2.1 (22.1) (17.8) (29.6) (37.6) (31.6) (19.2) (27.6) (49.5) (23.0) 320.4 (47.8) (64.6) (72.6) (37.8) (59.8) (67.1) (44.1) (37.7) (72.5) (39.0) (30.8) (71.7) (31.4) (28.4) (13.4) 9.6 (18.7) (4.0) (21.3) 33.0 (16.2) (10.8) (15.9) (11.3) (12.1) (7.4) (8.1) (7.9)
Income Tax Expense (2.2) (0.3) 1.3 (0.2) 0.5 5.7 0.2 0.1 0.1 (4.7) 1.1 1.7 1.4 11.0 0.0 0.0 0.1 1.4 0.8 0.4 0.5 0.2 0.0 (0.1) 0.4 0.5 (0.9) 0.6 0.2 0.3 0.0 1.8 (0.1) 0.3 0.1 0.1 0.1 0.0 0.3 0.1 (5.4) 0.0
Net Income (44.2) (41.2) (19.6) 2.3 (22.6) (23.5) (29.9) (37.7) (31.7) (14.5) (28.7) (51.2) (24.4) 309.4 (47.8) (64.6) (72.6) (39.2) (60.6) (67.5) (44.6) (37.9) (72.6) (39.0) (31.1) (72.2) (30.5) (29.1) (13.6) 9.3 (18.8) (5.9) (21.2) 32.7 (16.2) (11.0) (15.9) (11.3) (12.4) (7.4) (2.7) (7.9)
Per Share Data
EPS (Basic) -0.59 -0.55 -0.26 0.03 -0.30 -0.31 -0.39 -0.49 -0.42 -0.20 -0.41 -0.76 -0.36 4.65 -0.72 -0.97 -1.18 -0.76 -1.17 -1.31 -0.87 -0.74 -1.43 -0.77 -0.64 -1.66 -0.70 -0.89 -0.43 0.29 -0.59 -0.22 -0.83 1.29 -0.64 -0.52 -0.81 -0.57 -0.62 -0.37 -0.14 -0.70
EPS (Diluted) -0.59 -0.55 -0.26 0.03 -0.30 -0.31 -0.39 -0.49 -0.42 -0.20 -0.41 -0.76 -0.36 4.65 -0.72 -0.97 -1.18 -0.75 -1.16 -1.31 -0.87 -0.74 -1.43 -0.77 -0.64 -1.66 -0.70 -0.89 -0.43 0.29 -0.59 -0.22 -0.83 1.28 -0.64 -0.52 -0.81 -0.57 -0.62 -0.37 -0.14 -0.70
Shares Outstanding 74.7 75.3 75.8 75.3 75.2 75.8 76.1 76.4 76.2 70.8 70.0 67.3 66.7 66.5 66.5 66.4 61.4 51.8 51.7 51.4 51.3 51.1 50.7 50.6 48.7 43.5 43.4 32.8 32.0 32.0 31.8 26.7 25.5 25.4 25.3 20.9 19.7 19.7 19.8 19.8 19.8 11.3
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 Q1
Current Assets
Cash & Cash Equivalents 244,282 41.2 64.8 98.3 76.2 66.1 122.4 71.0 114.8 157.6 94.3 142.1 181.6 400.9 96.1 198.6 275.5 201.9 253.4 257.2 279.9 242.0 244.1 219.6 189.5 128.5 250.8 283.5 43.2 42.2 28.4 55.4 31.0 35.9 12.3 26.0 10.4 16.4 27.9 (15.2)
Short-Term Investments 120,445 187.6 187.1 183.1 189.1 159.7 174.8 259.2 230.2 216.8 201.1 198.0 159.2 91.3 70.2 43.2 25.0 50.7 54.3 102.7 131.5 184.3 227.7 217.2 298.2 170.5 84.3 72.1 137.1 158.0 121.6 110.8 39.0 51.9 36.8 36.5 16.3 23.8 23.9 30.3
Net Receivables 4,674 4.6 29.4 2.6 24.6 55.8 23.7 32.1 30.9 19.5 67.3 48.8 66.9 33.4 6.7 4.2 4.2 15.6 4.9 9.2 4.6 15.3 3.7 14.8 8.7 2.2 3.4 2.8 1.0 1.4 1.3 2.2 2.0 2.3 2.0 3.1 2.4 4.3 2.7 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 0 0 0 0 0 0 0 0 0
Other Current Assets 16,279 0 10.4 12.1 16.6 18.9 22.9 21.3 17.8 19.1 12.0 31.4 18.7 19.1 17.7 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
Total Current Assets 385,680 233.4 291.7 296.1 306.5 300.5 343.8 383.5 393.8 412.9 374.6 420.3 426.4 544.7 190.7 263.1 324.0 288.2 336.8 393.0 432.8 455.1 487.3 471.3 504.6 311.8 345.3 366.4 190.3 204.4 153.8 172.3 74.4 92.3 54.4 70.3 32.6 46.5 56.3 15.2
Non-Current Assets
Property, Plant & Equipment 28,870 0 32.5 32.6 33.4 34.3 35.7 35.7 36.0 37.5 38.8 43.2 45.8 47.6 49.3 49.5 49.7 49.8 43.1 39.4 17.7 17.6 17.8 18.1 17.4 16.5 15.6 15.7 13.9 6.5 6.4 6.8 6.9 7.2 7.5 7.4 7.7 6.7 3.2 0
Goodwill 12,016 12,016 12.0 12.0 12.0 12.0 12.0 12.0 12.0 12.0 12.0 12.0 12.0 12.0 12.0 12.0 12.0 12.0 12.0 12.0 12.0 12.0 12.0 12.0 12.0 12.0 12.0 12.0 12.0 12.0 12.0 12.0 12.0 12.0 12.0 12.0 12.0 12.0 12.0 0
Intangible Assets 1,174 1,350 1.4 2.0 3.4 4.6 6.6 7.5 25.1 25.3 25.6 25.0 25.7 26.4 26.6 23.5 22.3 21.5 20.3 20.8 21.8 22.9 24.0 25.1 23.5 23.7 24.6 17.9 19.4 20.0 20.7 18.7 18.9 19.1 19.4 18.6 18.8 20.6 0.1 0
Long-Term Investments 39.1 41.8 47.4 52.0 56.3 98.4 77.7 65.8 75.4 82.1 95.7 92.2 72.5 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 25.9 25.9 76.0 75.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 45,728.9 (13,294.7) 7.4 8.9 9.1 8.9 7.2 7.2 7.7 7.3 8.3 7.9 17.0 15.7 17.7 17.4 18.7 13.7 5.2 3.1 3.0 3.1 3.0 3.0 2.9 3.0 2.3 2.3 2.5 1.4 1.3 1.1 1.2 1.2 1.2 1.3 4.1 3.0 26.8 (15.2)
Total Non-Current Assets 92,535 113.1 105.6 112.3 119.1 162.6 143.4 132.1 159.9 168.0 181.7 181.7 174.4 104.0 109.6 105.9 106.0 100.9 83.6 79.0 57.3 83.3 84.4 135.6 132.0 56.4 54.7 48.1 47.9 40.0 40.6 38.7 39.1 39.6 45.3 44.2 47.4 47.5 42.1 (15.2)
Total Assets 478,215 346.5 397.3 408.4 425.5 463.1 487.2 515.6 553.8 580.9 556.4 602.1 600.7 648.7 300.3 369.0 430.0 389.1 420.4 472.0 490.1 538.4 571.7 606.9 636.6 368.2 400.0 414.5 238.3 244.4 194.4 211.0 113.5 132.0 99.7 114.5 80.1 94.0 98.5 0
Current Liabilities
Account Payables 30.2 36.3 1.3 0.0 5.2 3.9 3.4 1.7 2.5 6.2 11.0 14.5 6.4 7.9 0.3 5.9 14.0 5.2 5.0 4.7 4.9 6.2 3.1 4.7 12.4 5.3 7.2 4.1 1.4 2.6 1.2 5.6 1.0 1.7 2.0 2.0 2.1 3.0 2.6 0
Short-Term Debt 3,279 3.5 3.4 0 0 0 0 0 0 0 0 0 0 0 0 0 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 2,078 0 3.2 3.8 23.5 25.6 27.2 5.5 3.4 3.7 0.1 17.8 2.4 2.4 0 0 0 0 0 0 0 0 0 0 0 0 32,941 32.9 32.9 3.5 9.4 6.7 6.1 7.5 4.2 4.3 6.9 6.8 0 0
Other Current Liabilities 30,261.7 2.5 28.6 5.1 3.4 7.5 5.1 38.8 42.4 33.6 7.1 5.6 7.7 16.0 3.8 9.0 8.4 11.1 28.3 34.2 29.2 48.7 50.3 39.5 36.8 50.6 0.8 1.2 0.9 20.6 0.5 0.2 3.0 2.0 2.0 2.3 5.1 5.7 5.5 0
Total Current Liabilities 35,649 42.3 42.0 38.5 65.1 88.3 83.9 54.7 56.9 55.8 72.8 93.5 67.3 95.6 57.7 80.1 80.0 71.9 75.4 83.0 70.2 85.7 96.9 72.8 72.9 82.6 50.7 40.4 28.2 30.0 24.0 23.7 18.2 14.7 11.9 12.6 20.7 16.6 11.1 0
Non-Current Liabilities
Long-Term Debt 13,763 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4.5 4.4 3.7 0
Deferred Tax Liabilities 3,827 6.0 4.8 4.8 4.8 4.8 3.5 3.4 3.4 3.3 2.0 1.9 1.9 1.8 1.6 1.6 1.5 1.6 1.7 1.9 1.5 1.2 0.9 0.7 0 0.4 0 0 0 0.1 0 0 0 0 5.0 4.8 4.7 5.0 0 0
Other Non-Current Liabilities 261,387 0.3 0.3 0.8 0.8 0.9 0.9 1.2 1.5 1.6 1.7 3.5 3.5 3.0 2.8 2.8 2.4 2.6 2.5 2.5 2.8 2.7 2.5 2.5 1.0 1.0 1.0 1.0 0.7 0.8 0.8 0.7 0.8 0.8 0.3 0.3 (58.6) 5.1 5.2 0
Total Non-Current Liabilities 278,977 35.7 35.2 35.4 35.5 36.0 36.3 54.8 58.9 60.3 59.2 59.6 59.9 60.1 62.8 66.6 67.6 68.2 66.0 67.5 42.7 42.8 42.5 42.8 41.3 40.0 39.8 40.1 40.1 33.9 0.8 0.8 0.8 0.9 5.2 5.1 68.3 68.4 9.0 0
Total Liabilities 314,626 78.0 77.2 73.9 100.6 124.3 120.2 109.5 115.8 116.1 132.0 153.1 127.2 155.8 120.5 146.7 147.5 140.0 141.4 150.5 112.9 128.5 139.4 115.6 114.2 122.5 90.5 80.5 68.3 63.9 24.8 24.5 19.0 15.5 17.1 17.6 89.0 85.0 20.1 0
Stockholders' Equity
Common Stock 1,128,553 1,113.1 1,101.1 1,082.3 1,030.1 1,023.8 1,022.5 1,013.5 1,011.7 1,006.6 941.5 938.7 909.9 906.8 885.3 826.5 826.5 741.1 739.6 730.3 729.0 724.2 715.3 708.3 707.6 450.2 444.4 441.2 320.9 320.1 319.9 319.7 223.1 223.0 222.2 222.3 107.3 106.6 106.6 0
Retained Earnings (1,073,834) (953.2) (886.5) (850.7) (853.0) (830.3) (797.8) (746.8) (709.1) (677.4) (663.0) (634.3) (583.1) (558.8) (868.2) (820.3) (755.7) (683.1) (644.0) (583.4) (515.9) (471.3) (433.4) (360.8) (321.8) (290.7) (218.5) (188.0) (158.9) (145.3) (154.5) (135.8) (129.9) (108.7) (141.4) (125.2) (113.7) (97.8) (86.5) 0
Accumulated Other Comprehensive Income (6,565) (6.1) (6.0) (6.3) (6.4) (7.0) (6.0) (7.9) (7.7) (6.6) (8.3) (7.8) (5.9) (6.7) (6.7) (6.7) (6.7) (6.7) (6.7) (6.7) (6.7) (6.7) (6.7) (6.7) (6.7) (6.7) (6.7) (6.7) (6.7) (6.7) (6.7) (6.7) (6.7) (6.7) (6.7) (6.7) (6.7) (6.7) (6.7) 18.2
Total Stockholders' Equity 163,589 268.5 320.1 334.5 325.0 338.8 367.0 406.2 438.0 464.8 424.3 448.9 473.5 493.0 179.8 222.3 282.4 249.1 278.9 321.5 377.1 409.9 432.4 491.3 522.4 245.7 309.5 334.0 170.0 180.5 169.7 186.5 94.5 116.4 82.6 96.9 (9.0) 9.0 78.4 18.2
Total Liabilities & Equity 478,215 346.5 397.3 408.4 425.5 463.1 487.2 515.6 553.8 580.9 556.4 602.1 600.7 648.7 300.3 369.0 430.0 389.1 420.4 472.0 490.1 538.4 571.7 606.9 636.6 368.2 400.0 414.5 238.3 244.4 194.4 211.0 113.5 132.0 99.7 114.5 80.1 94.0 98.5 18.2
Debt Metrics
Total Debt 17,042 18.3 18.9 18.7 18.5 18.5 20.2 20.1 25.2 26.7 26.4 27.3 27.3 28.1 30.1 32.0 31.8 32.3 30.2 31.8 8.4 8.6 8.0 8.6 9.1 6.9 6.8 7.9 8.1 0.1 0.1 0.1 0.1 0.1 0.0 0.0 4.5 4.4 3.7 0
Net Debt (227,240) (22.9) (45.9) (79.6) (57.7) (47.6) (102.1) (50.9) (89.6) (130.8) (68.0) (114.8) (154.2) (372.8) (66.0) (166.6) (243.7) (169.5) (223.2) (225.3) (271.5) (233.4) (236.1) (211.0) (180.4) (121.5) (244.0) (275.6) (35.1) (42.1) (28.3) (55.3) (30.9) (35.9) (12.3) (26.0) (5.9) (12.0) (24.2) 15.2
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
Operating Activities
Net Income (44,162) (41.2) (19.6) 2.3 (22.6) (23.5) (29.9) (37.7) (31.7) (14.5) (28.7) (51.2) (24.4) 309.4 (47.8) (64.6) (72.6) (39.2) (60.6) (67.5) (44.6) (37.9) (72.6) (39.0) (31.1) (72.2) (30.5) (29.1) (13.6) 9.3 (18.8) (5.9) (21.2) 32.7 (16.2) (11.0) (15.9) (11.3) (12.4) (7.4) (2.7)
Depreciation & Amortization 1,139 1.7 2.6 3.2 3.3 3.7 2.7 2.5 2.3 3.3 6.5 4.5 2.9 2.3 2.2 2.2 5.3 1.4 2.8 2.8 2.6 2.5 2.7 2.3 2.8 2.6 1.7 1.6 1.5 1.1 1.0 0.8 0.7 0.7 0.7 0.7 0.6 0.6 0.2 0.1 0.1
Stock-Based Compensation 6,935 (3.4) 6.9 5.9 6.4 5.0 4.7 4.6 3.6 3.4 2.0 0.4 2.3 0 4.8 2.9 (8.2) 0 6.0 13.1 (6.7) 6.3 18.6 7.0 (2.7) 28.0 7.1 9.5 4.4 1.5 3.6 4.8 3.5 0.5 1.6 (1.6) 3.0 2.6 0.5 0.7 0.5
Change in Working Capital (10.9) 18.6 (20.7) (0.2) 10.0 (26.9) 16.7 (10.1) (10.7) 21.4 (22.0) 39.3 (64.3) 8.7 (29.9) 6.4 18.6 (9.8) 1.4 1.7 7.1 (21.1) 34.8 (21.3) (2.5) 5.5 11.1 3.9 (14.0) 38.2 1.3 2.6 (2.1) 4.8 2.0 (3.8) (1.2) 0.3 (4.1) 0.9 0.6
Other Non-Cash Items (7,419.1) 13.0 (0.5) 0.7 (0.0) (0.9) 0.1 15.9 (1.2) 1.3 (0.7) 0.4 0.2 (4.0) (1.8) (1.4) 0.7 (1.4) (1.1) 0.2 0.6 2.0 0.6 1.2 (4.3) 0.3 (0.1) 0.9 0.0 (0.1) 0.1 2.3 1.4 0.3 (0.3) 1.7 0.1 (0.7) 0.3 0.5 (0.1)
Operating Cash Flow (45,718) (10.0) (31.4) 12.1 (3.4) (41.5) (5.9) (25.0) (37.7) 14.0 (42.7) (6.4) (83.2) 318.2 (73.0) (54.8) (55.4) (50.1) (50.8) (50.4) (40.8) (47.9) (16.1) (50.0) (37.5) (36.4) (10.9) (13.3) (21.3) 50.1 (12.8) 4.5 (17.6) 39.0 (12.2) (13.9) (12.7) (8.6) (14.4) (5.3) (7.0)
Investing Activities
Capital Expenditure (0.2) (0.6) (0.4) (0.9) (0.3) (0.3) (1.0) (1.1) (0.7) (1.8) (1.1) (0.8) (0.4) (0.2) (3.8) (3.7) (4.7) (4.7) (5.2) (1.8) (0.7) (1.0) (2.6) (1.7) (0.9) (2.2) (10.3) (1.4) (0.0) (0.3) (2.6) (0.4) (0.2) (0.4) (1.3) (0.5) (0.9) (2.7) (1.6) (1.1) (0.1)
Acquisitions 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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
Purchases of Investments 0 (55.1) (35.1) (70.1) (34.0) (53.8) (52.7) (110.7) (66.5) (61.9) (125.1) (184.2) (182.1) (19.9) (69.8) 0 0 0 0 0 0 31.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 70.2 60.9 35.8 79.8 46.6 47.9 125.9 91.9 59.8 62.3 119.2 124.3 44.2 0 43.1 0 0 3.6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities 69,889.0 0 0 (0.4) (0.3) 0 (0.1) (0.5) (0.5) (1.4) (0.2) 0 0 0 (2.8) (19.3) 24.7 0 47.5 29.0 77.5 13.3 40.2 82 (204.2) (86.1) (12.5) 64.8 22.0 (35.7) (10.7) (71.9) 12.7 (15.1) (0.1) (20.0) 7.5 (0.0) (0.1) (20.0) 0.1
Investing Cash Flow 69,959 5.1 0.4 8.7 12.2 (6.2) 72.3 (20.0) (7.3) (1.3) (7.0) (60.7) (138.2) (20.4) (30.4) (21.9) 20.6 (2.0) 42.4 27.2 76.8 43.4 37.6 80.3 (204.8) (88.2) (22.8) 63.4 22.0 (36.0) (13.3) (72.3) 12.5 (15.5) (1.4) (20.6) 6.6 (2.7) (1.6) (21.1) 0.0
Financing Activities
Net Debt Issuance 245.6 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) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.4) (7.8) (0.0) (0.0) 0.0 (0.0) (0.0)
Stock Repurchased (76.2) (25.3) 0 0 0 (9.4) (20.6) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.2 233 0 0 0.1 0 (0.2) 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 0 0 0 0 0 0 0
Other Financing Activities 178,607.2 (0.1) (2.5) (0.1) 1.3 0.8 5.6 1.1 2.1 0.8 1.9 1.4 1.8 (0.5) 0.6 (0.1) 0.9 (0.3) 4.5 0.7 2.1 2.7 3.3 0.2 1.9 2.2 1.0 0.9 0.6 (0.1) 0 92.4 0.1 0.1 0.4 57.8 (0.0) (1.3) (0.2) 7.2 0.2
Financing Cash Flow 178,786 (18.8) (2.5) 1.3 1.3 (8.6) (15.0) 1.1 2.1 50.6 1.9 27.6 1.7 (2.9) 0.6 (0.3) 108.6 0.7 4.5 0.7 2.1 2.7 3.2 0.2 302.8 2.2 1.0 189.9 0.6 (0.1) (0.9) 92.4 0.1 0.1 (0.2) 50.0 (0.0) (1.3) (0.2) 7.2 59.1
Cash Position
Net Change in Cash 203,125 (23.7) (33.4) 22.0 10.1 (56.3) 51.4 (43.9) (42.7) 63.2 (47.8) (39.5) (219.3) 304.8 (102.6) (76.9) 73.6 (51.6) (3.7) (22.8) 37.9 (2.1) 24.6 30.1 61.0 (122.4) (32.7) 240.3 1.0 13.8 (27.0) 24.4 (5.0) 23.6 (13.7) 15.6 (6.0) (11.5) (16.3) (19.1) 51.9
Cash at Beginning 41,157 64.8 98.3 76.2 66.1 122.4 71.0 114.8 157.6 94.3 142.1 181.6 400.9 96.1 198.6 275.5 201.9 253.4 257.2 279.9 242.0 244.1 219.6 189.5 128.5 250.8 283.5 43.2 42.2 28.4 55.4 31.0 35.9 12.3 26.0 10.4 16.4 27.9 44.2 63.4 11.5
Cash at End 244,282 41.2 64.8 98.3 76.2 66.1 122.4 71.0 114.8 157.6 94.3 142.1 181.6 400.9 96.1 198.6 275.5 201.9 253.4 257.2 279.9 242.0 244.1 219.6 189.5 128.5 250.8 283.5 43.2 42.2 28.4 55.4 31.0 35.9 12.3 26.0 10.4 16.4 27.9 44.2 63.4
Free Cash Flow (45,718) (10.6) (31.8) 11.2 (3.7) (41.8) (6.9) (26.1) (38.3) 12.2 (43.8) (7.2) (83.6) 318.0 (76.8) (58.6) (60.1) (54.8) (56.0) (52.1) (41.5) (48.9) (18.7) (51.6) (38.4) (38.6) (21.2) (14.7) (21.3) 49.8 (15.4) 4.1 (17.7) 38.6 (13.4) (14.5) (13.6) (11.3) (16.0) (6.4) (7.0)
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
Income Statement
Revenue 2.4 2.5 27.6 48.7 27.1 31.0 16 19.2 10.0 16.9 16.5 7.0 35.6 402.5 2.6 5.4 1.9 19.9 4.4 1.8 0.6 15.7 2.6 12.4 8.3 1.9 7.9 7.9 11.9 28.9 2.1 22 0.0 50.1 0.1 1.3 0.2 2.2 2.2 6.3 0.3 1.4
Gross Profit (0.4) 0.8 27.6 48.7 27.1 31.0 16 19.2 10.0 16.9 16.5 (32.4) (9.8) 349.7 (34.5) (50.6) (60.6) (34.8) (45.5) (48.9) (43.6) (24.1) (51.8) (26.9) (28.7) (43.5) (21.4) (15.9) (5.5) 14.6 (12.1) 6.6 (13.0) 38.1 (11.4) (6.9) (8.6) (5.4) (7.6) (3.9) (7.7) (6.5)
Operating Income (47.1) (44.2) (22.1) (0.7) (25.6) (22.2) (34.2) (42.9) (37.8) (23.4) (33.2) (54.1) (27.3) 319.4 (50.4) (65.8) (72.7) (40.8) (61.0) (68.9) (44.9) (37.5) (73.7) (40.3) (35.9) (73.8) (33.6) (29.4) (14.6) 8.5 (19.5) (2.0) (20.1) 33.3 (16.7) (9.2) (16.4) (10.5) (11.1) (6.5) (9.7) (7.9)
Net Income (44.2) (41.2) (19.6) 2.3 (22.6) (23.5) (29.9) (37.7) (31.7) (14.5) (28.7) (51.2) (24.4) 309.4 (47.8) (64.6) (72.6) (39.2) (60.6) (67.5) (44.6) (37.9) (72.6) (39.0) (31.1) (72.2) (30.5) (29.1) (13.6) 9.3 (18.8) (5.9) (21.2) 32.7 (16.2) (11.0) (15.9) (11.3) (12.4) (7.4) (2.7) (7.9)
EPS (Diluted) -0.59 -0.55 -0.26 0.03 -0.30 -0.31 -0.39 -0.49 -0.42 -0.20 -0.41 -0.76 -0.36 4.65 -0.72 -0.97 -1.18 -0.75 -1.16 -1.31 -0.87 -0.74 -1.43 -0.77 -0.64 -1.66 -0.70 -0.89 -0.43 0.29 -0.59 -0.22 -0.83 1.28 -0.64 -0.52 -0.81 -0.57 -0.62 -0.37 -0.14 -0.70
Balance Sheet
Cash & Equivalents 244,282 41.2 64.8 98.3 76.2 66.1 122.4 71.0 114.8 157.6 94.3 142.1 181.6 400.9 96.1 198.6 275.5 201.9 253.4 257.2 279.9 242.0 244.1 219.6 189.5 128.5 250.8 283.5 43.2 42.2 28.4 55.4 31.0 35.9 12.3 26.0 10.4 16.4 27.9 (15.2)
Total Assets 478,215 346.5 397.3 408.4 425.5 463.1 487.2 515.6 553.8 580.9 556.4 602.1 600.7 648.7 300.3 369.0 430.0 389.1 420.4 472.0 490.1 538.4 571.7 606.9 636.6 368.2 400.0 414.5 238.3 244.4 194.4 211.0 113.5 132.0 99.7 114.5 80.1 94.0 98.5 0
Total Debt 17,042 18.3 18.9 18.7 18.5 18.5 20.2 20.1 25.2 26.7 26.4 27.3 27.3 28.1 30.1 32.0 31.8 32.3 30.2 31.8 8.4 8.6 8.0 8.6 9.1 6.9 6.8 7.9 8.1 0.1 0.1 0.1 0.1 0.1 0.0 0.0 4.5 4.4 3.7 0
Stockholders' Equity 163,589 268.5 320.1 334.5 325.0 338.8 367.0 406.2 438.0 464.8 424.3 448.9 473.5 493.0 179.8 222.3 282.4 249.1 278.9 321.5 377.1 409.9 432.4 491.3 522.4 245.7 309.5 334.0 170.0 180.5 169.7 186.5 94.5 116.4 82.6 96.9 (9.0) 9.0 78.4 18.2
Cash Flow
Operating Cash Flow (45,718) (10.0) (31.4) 12.1 (3.4) (41.5) (5.9) (25.0) (37.7) 14.0 (42.7) (6.4) (83.2) 318.2 (73.0) (54.8) (55.4) (50.1) (50.8) (50.4) (40.8) (47.9) (16.1) (50.0) (37.5) (36.4) (10.9) (13.3) (21.3) 50.1 (12.8) 4.5 (17.6) 39.0 (12.2) (13.9) (12.7) (8.6) (14.4) (5.3) (7.0)
Capital Expenditure (0.2) (0.6) (0.4) (0.9) (0.3) (0.3) (1.0) (1.1) (0.7) (1.8) (1.1) (0.8) (0.4) (0.2) (3.8) (3.7) (4.7) (4.7) (5.2) (1.8) (0.7) (1.0) (2.6) (1.7) (0.9) (2.2) (10.3) (1.4) (0.0) (0.3) (2.6) (0.4) (0.2) (0.4) (1.3) (0.5) (0.9) (2.7) (1.6) (1.1) (0.1)
Free Cash Flow (45,718) (10.6) (31.8) 11.2 (3.7) (41.8) (6.9) (26.1) (38.3) 12.2 (43.8) (7.2) (83.6) 318.0 (76.8) (58.6) (60.1) (54.8) (56.0) (52.1) (41.5) (48.9) (18.7) (51.6) (38.4) (38.6) (21.2) (14.7) (21.3) 49.8 (15.4) 4.1 (17.7) 38.6 (13.4) (14.5) (13.6) (11.3) (16.0) (6.4) (7.0)