Financial Statements — COUR
Balance Sheet
(in billions 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 | Q1
2021 |
|---|
| Cash & Equivalents | 0.87 | 0.79 | 0.80 | 0.78 | 0.75 | 0.72 | 0.71 | 0.73 | 0.51 | 0.36 | 0.27 | 0.42 | 0.38 | 0.36 | 0.80 | 0.75 | 0.16 |
| Short-term Investments | 0.11 | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | 0.21 | 0.36 | 0.51 | 0.36 | 0.40 | 0.42 | 0.02 | 0.05 | 0.12 |
| Accounts Receivable | 0.16 | 0.06 | 0.06 | 0.07 | 0.06 | 0.05 | 0.06 | 0.06 | 0.06 | 0.07 | 0.07 | 0.05 | 0.06 | 0.05 | 0.04 | 0.05 | 0.04 |
| Total Current Assets | 1.22 | 0.89 | 0.90 | 0.88 | 0.85 | 0.82 | 0.82 | 0.83 | 0.83 | 0.84 | 0.89 | 0.89 | 0.88 | 0.88 | 0.89 | 0.89 | 0.35 |
| Property, Plant & Equipment | 0.06 | 0.05 | 0.04 | 0.04 | 0.04 | 0.04 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.02 | 0.02 | 0.02 |
| Goodwill | 0.18 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Intangible Assets | 0.44 | 0.03 | 0.03 | 0.03 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Total Non-current Assets | 0.07 | 0.05 | 0.05 | 0.04 | 0.04 | 0.04 | 0.04 | 0.03 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 |
| Total Assets | 1.95 | 1.00 | 1.00 | 0.98 | 0.95 | 0.91 | 0.90 | 0.92 | 0.91 | 0.92 | 0.96 | 0.96 | 0.95 | 0.95 | 0.95 | 0.95 | 0.41 |
| Total Current Liabilities | 0.77 | 0.36 | 0.35 | 0.35 | 0.33 | 0.31 | 0.32 | 0.30 | 0.30 | 0.28 | 0.27 | 0.24 | 0.22 | 0.20 | 0.18 | 0.18 | 0.16 |
| Total Non-current Liabilities* | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 |
| Total Liabilities | 0.78 | 0.37 | 0.36 | 0.35 | 0.34 | 0.32 | 0.32 | 0.31 | 0.30 | 0.29 | 0.28 | 0.25 | 0.24 | 0.22 | 0.20 | 0.20 | 0.18 |
| Retained Earnings | (1.01) | (0.93) | (0.88) | (0.88) | (0.87) | (0.84) | (0.82) | (0.80) | (0.76) | (0.73) | (0.70) | (0.61) | (0.58) | (0.53) | (0.44) | (0.41) | (0.36) |
| Total Stockholder Equity | 1.17 | 0.63 | 0.64 | 0.63 | 0.61 | 0.59 | 0.59 | 0.61 | 0.61 | 0.63 | 0.68 | 0.71 | 0.72 | 0.73 | 0.76 | 0.76 | (0.23) |
* 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 | 298.60 | 195.70 | 196.90 | 194.20 | 187.10 | 179.30 | 179.18 | 176.09 | 170.34 | 169.07 | 168.88 | 165.54 | 153.70 | 147.64 | 142.18 | 136.39 | 124.75 | 120.43 | 114.96 | 109.88 |
| Cost of Revenue | 125.20 | 87.10 | 90.10 | 88.20 | 84.40 | 81.40 | 83.67 | 79.86 | 80.16 | 79.57 | 79.55 | 82.27 | 74.00 | 70.17 | 54.31 | 48.82 | 46.35 | 42.80 | 43.67 | 42.16 |
| Gross Profit | 173.40 | 108.60 | 106.80 | 106.00 | 102.70 | 97.90 | 95.51 | 96.23 | 90.18 | 89.50 | 89.33 | 83.27 | 79.70 | 77.47 | 87.88 | 87.57 | 78.41 | 77.63 | 71.29 | 67.72 |
| Research & Development | 43.70 | 31.30 | 32.80 | 30.00 | 29.30 | 29.50 | 32.12 | 31.62 | 33.70 | 34.61 | 37.37 | 37.62 | 41.29 | 43.81 | 42.84 | 39.42 | 44.93 | 37.96 | 38.33 | 33.94 |
| Selling, General & Admin | 30.60 | 33.30 | 38.40 | 24.20 | 24.90 | 26.90 | 26.86 | 27.36 | 29.57 | 24.94 | 22.42 | 25.45 | 24.94 | 25.52 | 29.00 | 26.00 | 25.73 | 25.18 | 22.85 | 19.94 |
| Total Operating Expenses | 258.10 | 133.90 | 139.10 | 121.60 | 117.80 | 112.30 | 126.01 | 118.00 | 121.38 | 119.24 | 117.89 | 122.86 | 118.08 | 116.55 | 143.90 | 123.92 | 126.24 | 114.80 | 118.78 | 99.15 |
| Operating Income | (84.70) | (25.30) | (32.30) | (15.60) | (15.10) | (14.40) | (30.50) | (21.77) | (31.21) | (29.74) | (28.56) | (39.58) | (38.38) | (39.08) | (56.03) | (36.35) | (47.83) | (37.17) | (47.49) | (31.43) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 |
| Pretax Income | (78.30) | (19.10) | (24.80) | (7.80) | (7.00) | (6.30) | (23.93) | (12.18) | (21.94) | (20.44) | (19.05) | (31.05) | (30.14) | (30.94) | (50.18) | (35.02) | (48.17) | (37.26) | (47.49) | (31.65) |
| Tax Provision | 2.10 | 1.40 | 2.00 | 0.80 | 0.80 | 1.50 | (2.32) | 1.51 | 1.03 | 0.81 | 1.31 | 1.04 | 1.60 | 1.43 | 1.54 | 1.01 | 1.16 | 1.01 | 0.25 | 0.80 |
| Net Income | (80.40) | (20.50) | (26.80) | (8.60) | (7.80) | (7.80) | (21.61) | (13.69) | (22.97) | (21.26) | (20.36) | (32.09) | (31.74) | (32.36) | (51.72) | (36.04) | (49.33) | (38.27) | (47.74) | (32.45) |
| Basic EPS | (0.34) | (0.12) | (0.16) | (0.05) | (0.05) | (0.05) | (0.13) | (0.09) | (0.15) | (0.14) | (0.13) | (0.21) | (0.21) | (0.22) | (0.36) | (0.25) | (0.34) | -- | -- | -- |
| Diluted EPS | (0.34) | (0.12) | (0.16) | (0.05) | (0.05) | (0.05) | (0.13) | (0.09) | (0.15) | (0.14) | (0.13) | (0.21) | (0.21) | (0.22) | (0.36) | (0.25) | (0.34) | -- | -- | -- |
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 | (19.80) | 14.60 | 5.80 | 33.90 | 35.50 | 33.50 | 19.22 | 27.85 | 23.85 | 24.45 | 11.57 | 19.75 | (6.37) | 4.69 | (5.44) | 4.79 | 0.86 | (38.26) | 0.81 | 10.74 |
| Capital Expenditures | 0.30 | 0.20 | 0.40 | 0.20 | 0.40 | 0.50 | 1.08 | 0.19 | 0.18 | 0.13 | 0.12 | 0.31 | 0.42 | 0.30 | 0.19 | 0.67 | 0.32 | 0.40 | 0.33 | 0.49 |
| Free Cash Flow* | (20.10) | 14.40 | 5.40 | 33.70 | 35.10 | 33.00 | 18.13 | 27.65 | 23.68 | 24.32 | 11.45 | 19.45 | (6.79) | 4.39 | (5.63) | 4.12 | 0.54 | (38.66) | 0.48 | 10.25 |
| Investing Cash Flow | 200.10 | (11.60) | (7.80) | (7.30) | (6.90) | (8.20) | (11.83) | (11.10) | (6.81) | 59.64 | 144.12 | 137.06 | 154.16 | (50.54) | (98.62) | 39.09 | 10.62 | (185.11) | (229.88) | 32.16 |
| Financing Cash Flow | (96.70) | (5.70) | (3.10) | (3.90) | (1.50) | (5.00) | (0.65) | (5.60) | (33.64) | (15.05) | (6.52) | (12.43) | (52.59) | (7.68) | 0.09 | 0.91 | 7.21 | 4.03 | 8.17 | 8.53 |
* Derived from reported values
