Financial Statements — ZIP
Balance Sheet
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 |
|---|
| Cash & Equivalents | 129.74 | 250.98 | 211.81 | 203.46 | 221.08 | 225.61 | 271.69 | 282.50 | 243.34 | 238.66 | 214.53 | 482.98 | 699.92 | 745.39 | 204.88 | 153.34 |
| Accounts Receivable | 26.41 | 23.88 | 24.87 | 25.78 | 24.81 | 24.31 | 27.83 | 26.26 | 32.99 | 32.90 | 36.26 | 47.64 | 52.00 | 51.68 | 43.50 | 36.31 |
| Total Current Assets | 215.56 | 431.49 | 449.78 | 459.68 | 506.92 | 544.40 | 568.65 | 552.13 | 546.12 | 545.01 | 569.96 | 733.42 | 769.67 | 812.28 | 263.85 | 206.86 |
| Property, Plant & Equipment | 3.87 | 3.93 | 4.34 | 4.68 | 4.68 | 5.05 | 5.34 | 5.76 | 6.75 | 7.15 | 7.83 | 8.52 | 8.88 | 9.05 | 9.10 | 8.94 |
| Goodwill | 8.52 | 8.52 | 8.52 | 8.52 | 8.52 | 8.52 | 1.72 | 1.72 | 1.72 | 1.72 | 1.72 | 1.72 | 1.72 | 1.72 | 1.72 | 1.72 |
| Intangible Assets | -- | 2.88 | 3.87 | 4.36 | 4.85 | 5.84 | 19.48 | 18.36 | 18.19 | 17.13 | 16.74 | 15.43 | 15.02 | 14.47 | 12.81 | 12.21 |
| Total Non-current Assets* | 105.76 | 119.76 | 123.77 | 132.72 | 122.45 | 107.64 | 96.63 | 110.31 | 97.12 | 89.20 | 87.15 | 85.00 | 88.46 | 89.64 | 88.32 | 83.88 |
| Total Assets | 321.33 | 551.25 | 573.55 | 592.40 | 629.38 | 652.03 | 665.27 | 662.44 | 643.23 | 634.21 | 657.11 | 818.41 | 858.13 | 901.92 | 352.17 | 290.74 |
| Accounts Payable | 15.67 | 8.37 | 11.38 | 8.13 | 8.79 | 8.99 | 7.55 | 9.85 | 8.61 | 12.76 | 16.15 | 13.74 | 25.30 | 22.00 | 32.46 | 31.98 |
| Total Current Liabilities | 71.05 | 59.32 | 75.31 | 83.75 | 72.25 | 73.49 | 75.77 | 83.13 | 90.82 | 101.16 | 103.15 | 127.63 | 148.32 | 137.59 | 132.83 | 116.69 |
| Long-term Debt | 253.27 | 545.07 | 544.49 | 544.21 | 543.93 | 543.38 | 543.11 | 542.84 | 542.32 | 542.06 | 541.81 | 541.31 | 541.07 | 540.86 | 0.00 | 0.00 |
| Total Non-current Liabilities* | 284.09 | 575.69 | 574.39 | 574.52 | 568.45 | 564.95 | 565.07 | 566.67 | 564.34 | 558.90 | 557.82 | 557.52 | 560.23 | 560.71 | 23.31 | 25.15 |
| Total Liabilities | 355.14 | 635.01 | 649.70 | 658.27 | 640.70 | 638.44 | 640.84 | 649.79 | 655.16 | 660.06 | 660.97 | 685.15 | 708.55 | 698.30 | 156.14 | 141.84 |
| Retained Earnings | (39.67) | (83.09) | (75.57) | (65.23) | (31.22) | (7.59) | (5.02) | (12.04) | (11.16) | (24.93) | (3.01) | (25.70) | (46.26) | (59.37) | (88.77) | (110.83) |
| Total Stockholder Equity | (33.81) | (83.76) | (76.15) | (65.87) | (11.33) | 13.59 | 24.43 | 12.65 | (11.93) | (25.85) | (3.86) | 133.26 | 149.58 | 203.62 | 196.03 | 148.90 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Total Revenue | 118.06 | 107.55 | 111.67 | 114.98 | 112.23 | 110.07 | 111.02 | 117.08 | 123.66 | 122.24 | 135.92 | 155.63 | 170.42 | 183.75 | 210.48 | 226.97 | 239.94 | 227.26 | 220.14 | 212.67 |
| Cost of Revenue | 12.59 | 11.97 | 12.14 | 12.52 | 11.96 | 11.66 | 11.50 | 12.38 | 12.94 | 13.32 | 13.48 | 14.53 | 15.68 | 20.62 | 21.10 | 21.84 | 21.76 | 21.61 | 19.78 | 22.28 |
| Gross Profit | 105.47 | 95.57 | 99.53 | 102.47 | 100.27 | 98.41 | 99.52 | 104.70 | 110.72 | 108.92 | 122.44 | 141.10 | 154.75 | 163.13 | 189.38 | 205.13 | 218.19 | 205.65 | 200.36 | 190.40 |
| Research & Development | 26.37 | 26.08 | 28.35 | 30.85 | 32.10 | 33.27 | 31.74 | 33.71 | 33.31 | 36.08 | 32.75 | 32.14 | 38.62 | 38.29 | 34.16 | 33.01 | 30.93 | 29.64 | 28.39 | 27.16 |
| Selling, General & Admin | 16.03 | 16.03 | 15.76 | 16.69 | 16.77 | 18.35 | 17.07 | 19.31 | 16.52 | 19.06 | 27.32 | 20.65 | 21.43 | 25.52 | 29.15 | 30.08 | 25.53 | 24.20 | 25.64 | 33.09 |
| Total Operating Expenses | 101.33 | 97.12 | 95.53 | 107.49 | 106.93 | 110.08 | 103.53 | 107.94 | 101.29 | 109.82 | 109.16 | 108.43 | 132.22 | 152.17 | 160.95 | 175.66 | 193.09 | 191.43 | 174.87 | 172.43 |
| Operating Income | 4.14 | (1.55) | 4.00 | (5.03) | (6.66) | (11.67) | (4.02) | (3.24) | 9.42 | (0.91) | 13.29 | 32.67 | 22.52 | 10.96 | 28.44 | 29.47 | 25.10 | 14.22 | 25.49 | 17.97 |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | 7.36 | 7.36 | 7.35 | 7.35 | 7.34 | 7.34 | 7.36 | 7.51 | 6.29 | 0.22 | 0.22 |
| Pretax Income | 59.86 | (5.57) | 0.51 | (8.31) | (9.11) | (13.71) | (6.38) | (4.39) | 7.66 | (3.38) | 11.71 | 30.01 | 20.19 | 8.64 | 26.12 | 22.43 | 17.62 | 7.91 | 25.25 | 17.59 |
| Tax Provision | 16.43 | (0.84) | 1.35 | 1.51 | 0.40 | (0.87) | 4.41 | (1.82) | 0.65 | 3.12 | 6.08 | 5.93 | 5.81 | 3.63 | 6.71 | 1.88 | 4.51 | (0.50) | 4.26 | (4.47) |
| Net Income | 43.43 | (4.74) | (0.83) | (9.82) | (9.51) | (12.83) | (10.79) | (2.57) | 7.01 | (6.50) | 5.63 | 24.08 | 14.38 | 5.01 | 19.41 | 20.56 | 13.11 | 8.42 | 20.99 | 22.06 |
| Basic EPS | 0.53 | (0.06) | (0.03) | (0.11) | (0.10) | (0.13) | (0.10) | (0.03) | 0.07 | (0.07) | 0.06 | 0.24 | 0.14 | 0.05 | 0.18 | 0.18 | 0.11 | 0.07 | 0.21 | 0.19 |
| Diluted EPS | 0.53 | (0.06) | (0.03) | (0.11) | (0.10) | (0.13) | (0.10) | (0.03) | 0.07 | (0.07) | 0.04 | 0.23 | 0.14 | 0.05 | 0.16 | 0.17 | 0.11 | 0.07 | 0.21 | 0.17 |
Cash Flow Statement
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Operating Cash Flow | 15.41 | (3.48) | 7.71 | 2.61 | 10.55 | (9.91) | 12.49 | 9.35 | 21.86 | 2.03 | 34.44 | 29.30 | 33.08 | 6.37 | 44.46 | 29.25 | 40.66 | 14.43 | 54.36 | 52.06 |
| Capital Expenditures | 0.23 | 0.14 | 0.10 | 0.37 | 0.31 | 0.30 | 0.45 | 0.19 | 0.16 | 0.13 | 0.11 | 0.36 | 0.04 | 0.41 | 0.47 | 0.56 | 0.68 | 0.99 | 0.40 | 1.25 |
| Free Cash Flow* | 15.18 | (3.62) | 7.61 | 2.24 | 10.24 | (10.21) | 12.04 | 9.16 | 21.71 | 1.91 | 34.33 | 28.94 | 33.05 | 5.96 | 43.99 | 28.69 | 39.99 | 13.45 | 53.96 | 50.81 |
| Investing Cash Flow | 96.68 | 76.73 | (21.78) | 18.38 | 29.44 | 39.05 | (14.90) | (31.72) | (21.10) | 5.74 | 17.35 | 4.81 | 46.56 | 38.02 | (155.85) | (190.97) | (0.80) | (3.52) | (2.17) | (2.95) |
| Financing Cash Flow | (230.99) | (10.30) | (9.71) | (12.64) | (57.61) | (26.49) | (4.77) | (23.70) | (11.58) | (8.31) | (12.08) | (29.44) | (55.51) | (57.24) | (144.20) | (55.23) | (85.34) | 479.86 | (2.45) | 2.43 |
* Derived from reported values
