LTCH · XBRL financial data

Latch financial statements, every fiscal year

The same tables from 6 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

Fiscal years (LTCH's year ends in late December)

In thousands of dollars	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	41,360	42,955	44,961	56,630	70,117
Cost of revenue	44,038	46,879	32,636	31,636	43,267
Research and development	45,848	54,933	33,787	17,318	18,338
General and administrative	61,818	55,292	66,211	44,471	24,030
Total operating expenses	145,890	161,318	122,593	84,408	79,571
Operating income (loss)	(148,568)	(165,242)	(110,268)	(59,414)	(52,721)
Interest income	1,333	4,481	8,099	5,892	1,889
Interest expense	9,094	7,442	5,790	4,476	3,002
Other income (expense)	1	(142)	219	245	69
Income tax expense (benefit)	53	89	30	2	0
Net income (loss)	(166,319)	(162,336)	(107,540)	(57,596)	(53,747)
Earnings per share, basic USD per share	(1.92)	(1.13)	(0.68)	(0.37)	(0.34)
Earnings per share, diluted USD per share	(1.92)	(1.13)	(0.68)	(0.37)	(0.34)
Weighted average shares, basic thousands of shares	86,473	143,616	159,146	156,652	160,401
Weighted average shares, diluted thousands of shares	86,473	143,616	159,146	156,652	160,401

Fiscal years (LTCH's year ends in late December)

In thousands of dollars	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	124,782	109,828	94,675	70,203	34,620
Marketable securities	158,973	120,233	84,861	5,187	0
Marketable securities, non-current	102,878	4,836	0	—	—
Accounts receivable	25,642	7,026	6,001	9,864	7,960
Inventory	11,615	29,435	16,559	14,376	15,258
Prepaid and other current assets	11,606	12,333	34,757	30,523	7,098
Total current assets	332,618	278,855	236,853	130,153	64,936
Property and equipment, net	2,039	2,466	1,465	1,073	835
Right-of-use asset	—	419	2,796	2,779	2,323
Goodwill	—	0	25,322	30,205	13,605
Total assets	452,304	316,662	294,432	196,424	106,802
Accounts payable	6,229	6,005	3,642	7,821	4,447
Accrued liabilities	24,184	25,645	54,966	35,066	10,458
Current portion of long-term debt	—	—	22,000	1,314	1,314
Total current liabilities	40,771	44,262	94,338	57,193	28,246
Long-term debt	—	—	0	4,515	3,330
Lease liability, non-current	200	—	—	—	—
Total liabilities	74,748	75,907	125,295	85,241	48,791
Accumulated deficit	(328,506)	(493,586)	(601,126)	(658,722)	(712,469)
Total stockholders' equity	377,556	240,755	169,137	111,183	58,011
Total liabilities and equity	452,304	316,662	294,432	196,424	106,802
Common shares outstanding (cover page) thousands of shares	142,777	160,959	164,825	164,035	164,258

Fiscal years (LTCH's year ends in late December)

In thousands of dollars	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(166,319)	(162,336)	(107,540)	(57,596)	(53,747)
Stock-based compensation	29,884	30,256	18,171	(580)	551
Depreciation and amortization	3,239	5,504	7,201	7,202	5,277
Net cash from operating activities	(105,860)	(135,239)	(65,586)	(75,406)	(35,893)
Purchases of property and equipment	1,541	2,239	327	766	79
Net cash from investing activities	(277,663)	126,356	50,479	72,886	1,686
Proceeds from issuing common stock	3,258	724	0	—	—
Net cash from financing activities	447,782	(6,039)	0	(22,000)	(1,223)
Net change in cash	64,253	(14,954)	(15,153)	(24,472)	(35,583)

SIC 5072 and related industry codes, similar size; rows marked “added: same SIC” fill a short list. Each row is the latest quarter reported.

How peers are chosen

SIC 5072 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.
Fewer than three companies fall in that range, so the list adds same-SIC (5072) companies nearest in public float, each marked “added: same SIC”.
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
Latch	19,056	15,615	(3,253)*	165.7M	6.4 quarters	Q2 FY26 10-QJun 30, 2026
Crown PropTech Acquisitions	0.4	not reported	(331)*	not reported	0.0 quarters	Q2 FY26 10-QJun 30, 2026
Adi Global Distributionadded: same SIC	131,000	1,286,000	not reported	75.9M	—	Q2 FY26 10-QJul 4, 2026
Resideo Technologiesadded: same SIC	549,000	1,981,000	148,000*	151.8M	—	Q2 FY26 10-QJul 4, 2026
Sin Lian Seng Constructionadded: same SIC	not reported	not reported	not reported	not reported	—	—

Not investment advice. Not affiliated with the U.S. SEC.

Data on this page was fetched Nov 7, 2026, 1:33 AM ET. The filing on SEC.gov is the record.