INV · XBRL financial data
Innventure financial statements, every fiscal year
The same tables from 2 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (INV's year ends in late December)
| In thousands of dollars | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|
| Revenue from contracts with customers | — | 2,056 |
| Cost of goods and services sold | — | 18,830 |
| Research and development | — | 25,025 |
| General and administrative | — | 66,710 |
| Operating income (loss) | — | (464,699) |
| Interest income | — | 556 |
| Interest expense | — | 10,234 |
| Other income (expense) | — | (46) |
| Income tax expense (benefit) | — | (13,483) |
| Net income (loss) | — | (293,317) |
| Earnings per share, basic USD per share | — | (5.39) |
| Earnings per share, diluted USD per share | — | (5.39) |
| Weighted average shares, basic thousands of shares | — | 54,421 |
| Weighted average shares, diluted thousands of shares | — | 54,421 |
Balance sheet
CSVFiscal years (INV's year ends in late December)
| In thousands of dollars | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|
| Cash and cash equivalents | 11,119 | 60,449 |
| Accounts receivable | 283 | 1,094 |
| Inventory | 5,178 | 1,604 |
| Prepaid and other current assets | 3,170 | 3,167 |
| Total current assets | 24,286 | 83,154 |
| Property and equipment, net | 1,414 | 1,941 |
| Goodwill | 667,936 | 323,463 |
| Total assets | 905,289 | 599,187 |
| Accounts payable | 3,248 | 2,551 |
| Total current liabilities | 69,347 | 76,276 |
| Long-term debt | 13,654 | 8,327 |
| Total liabilities | 138,996 | 115,511 |
| Accumulated deficit | (78,262) | (371,603) |
| Total stockholders' equity | 425,516 | 204,214 |
| Total liabilities and equity | 905,289 | 599,187 |
| Common shares outstanding (cover page) thousands of shares | 47,106 | 80,069 |
Cash flows
CSVFiscal years (INV's year ends in late December)
| In thousands of dollars | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|
| Net income (loss) | — | (293,317) |
| Stock-based compensation | — | 27,872 |
| Depreciation and amortization | — | 22,506 |
| Net cash from operating activities | — | (80,683) |
| Purchases of property and equipment | — | 1,417 |
| Net cash from investing activities | — | (4,125) |
| Proceeds from issuing equity | — | 12,654 |
| Net cash from financing activities | — | 139,138 |
| Net change in cash | — | 54,330 |
Compare with peers
SIC 6770 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 6770 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($K) | Revenue, quarter ($K) | Operating cash flow, quarter ($K) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Innventure | 41,543 | 953 | (25,435)* | 84.6M | 1.6 quarters | 10-QJun 30, 2026 |
| Willow Lane Acquisition | 97 | not reported | (226) | 0 | 0.4 quarters | 10-QMar 31, 2026 |
| RF Acquisition Corp II | 0 | not reported | (25)* | 3.5M | — | 10-QJun 30, 2026 |
| AA Mission Acquisition Corp. II | 151 | not reported | (94)* | not reported | 0.9 quarters | 10-QSep 30, 2026 |
| Tavia Acquisition | 213 | not reported | (131)* | 8.8M | 1.6 quarters | 10-QJun 30, 2026 |
| Range Capital Acquisition | 0 | not reported | (115)* | 6.7M | — | 10-QJun 30, 2026 |
| Thayer Ventures Acquisition Corp II | 0 | not reported | (499)* | not reported | — | 10-QJun 30, 2026 |
| Gesher Acquisition Corp. II | 311 | not reported | (199)* | not reported | 1.6 quarters | 10-QJun 30, 2026 |
| Collective Acquisition | 44 | not reported | (41)* | not reported | 1.1 quarters | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.