Financial Statements — CTOS
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 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.04 | 0.03 | 0.03 | 0.03 | 0.02 | 0.02 | 0.03 | 0.00 |
| Accounts Receivable | 0.25 | 0.20 | 0.18 | 0.19 | 0.20 | 0.18 | 0.17 | 0.17 | 0.16 | 0.15 | 0.17 | 0.18 | 0.17 | 0.17 | 0.17 | 0.15 | 0.05 |
| Inventory | 1.04 | 1.02 | 1.04 | 1.09 | 1.08 | 1.20 | 1.17 | 1.10 | 0.89 | 0.77 | 0.71 | 0.56 | 0.54 | 0.46 | 0.38 | 0.41 | 0.03 |
| Total Current Assets | 1.33 | 1.26 | 1.26 | 1.33 | 1.32 | 1.41 | 1.38 | 1.33 | 1.12 | 1.03 | 0.99 | 0.80 | 0.78 | 0.71 | 0.61 | 0.63 | 0.10 |
| Property, Plant & Equipment | 0.16 | 0.15 | 0.14 | 0.13 | 0.13 | 0.16 | 0.16 | 0.15 | 0.14 | 0.13 | 0.13 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.00 |
| Goodwill | 0.70 | 0.71 | 0.71 | 0.71 | 0.70 | 0.71 | 0.71 | 0.70 | 0.70 | 0.70 | 0.70 | 0.70 | 0.71 | 0.71 | 0.68 | 0.68 | 0.24 |
| Intangible Assets | 0.21 | 0.22 | 0.23 | 0.24 | 0.25 | 0.26 | 0.27 | 0.27 | 0.28 | 0.29 | 0.30 | 0.31 | 0.32 | 0.31 | 0.34 | 0.35 | 0.07 |
| Total Non-current Assets* | 2.28 | 2.29 | 2.28 | 2.25 | 2.22 | 2.17 | 2.14 | 2.12 | 2.11 | 2.11 | 2.08 | 2.05 | 2.03 | 2.03 | 2.08 | 2.07 | 0.65 |
| Total Assets | 3.60 | 3.55 | 3.54 | 3.58 | 3.54 | 3.58 | 3.52 | 3.45 | 3.23 | 3.14 | 3.07 | 2.85 | 2.81 | 2.75 | 2.68 | 2.70 | 0.75 |
| Accounts Payable | 0.12 | 0.13 | 0.11 | 0.13 | 0.12 | 0.09 | 0.12 | 0.12 | 0.13 | 0.12 | 0.13 | 0.10 | 0.13 | 0.11 | 0.08 | 0.10 | 0.03 |
| Total Current Liabilities | 0.99 | 0.97 | 0.99 | 1.06 | 1.02 | 1.10 | 1.06 | 0.99 | 0.82 | 0.73 | 0.71 | 0.56 | 0.53 | 0.49 | 0.42 | 0.44 | 0.07 |
| Long-term Debt | 1.66 | 1.63 | 1.65 | 1.61 | 1.60 | 1.57 | 1.53 | 1.50 | 1.43 | 1.43 | 1.40 | 1.36 | 1.35 | 1.33 | 1.33 | 1.31 | 0.73 |
| Total Non-current Liabilities | 1.80 | 1.77 | 1.77 | 1.73 | 1.71 | 1.64 | 1.60 | 1.56 | 1.49 | 1.49 | 1.45 | 1.43 | 1.41 | 1.40 | 1.41 | 1.39 | 0.75 |
| Total Liabilities* | 2.79 | 2.74 | 2.76 | 2.79 | 2.73 | 2.74 | 2.67 | 2.55 | 2.31 | 2.22 | 2.16 | 1.99 | 1.94 | 1.89 | 1.82 | 1.83 | 0.82 |
| Retained Earnings | (0.61) | (0.62) | (0.64) | (0.63) | (0.60) | (0.61) | (0.60) | (0.57) | (0.57) | (0.58) | (0.59) | (0.64) | (0.64) | (0.65) | (0.64) | (0.62) | (0.49) |
| Total Stockholder Equity | 0.82 | 0.81 | 0.78 | 0.79 | 0.81 | 0.84 | 0.86 | 0.90 | 0.91 | 0.92 | 0.90 | 0.86 | 0.87 | 0.86 | 0.86 | 0.87 | (0.07) |
* 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 | 417.57 | 328.60 | 387.26 | 359.85 | 392.15 | 307.11 | 398.33 | 337.52 | 320.63 | 303.54 | 393.81 | 305.00 | 315.67 | 316.74 | 350.78 | 242.30 | 245.02 | 246.88 | 242.30 | 243.30 |
| Cost of Revenue | 439.47 | 358.56 | 405.12 | 381.31 | 408.94 | 336.70 | 402.28 | 355.39 | 333.75 | 320.60 | 394.93 | 327.20 | 346.21 | 342.50 | 358.40 | 269.61 | 279.35 | 281.98 | 278.59 | 292.05 |
| Gross Profit | 123.97 | 103.06 | 123.06 | 100.75 | 102.54 | 85.54 | 118.47 | 91.83 | 89.27 | 90.71 | 126.82 | 107.16 | 110.62 | 109.66 | 128.32 | 88.17 | 82.76 | 84.49 | 77.85 | 65.25 |
| Selling, General & Admin | 61.27 | 57.63 | 56.60 | 54.86 | 59.17 | 59.45 | 61.22 | 54.63 | 55.70 | 58.00 | 59.43 | 56.96 | 58.03 | 56.99 | 58.60 | 49.84 | 48.78 | 53.66 | 44.56 | 48.63 |
| Total Operating Expenses | 77.36 | 71.59 | 71.08 | 68.12 | 74.61 | 73.13 | 51.18 | 68.79 | 71.59 | 72.34 | 73.35 | 69.15 | 71.04 | 69.77 | 76.68 | 65.07 | 64.01 | 74.69 | 68.01 | 70.57 |
| Operating Income | 46.62 | 31.47 | 51.98 | 32.63 | 27.93 | 12.41 | 67.28 | 23.04 | 17.67 | 18.37 | 53.47 | 38.01 | 39.58 | 39.89 | 51.65 | 23.11 | 18.75 | 9.81 | 9.84 | (5.32) |
| Pretax Income | 8.98 | (3.80) | 15.01 | (6.74) | (10.90) | (25.49) | 26.52 | (18.02) | (21.41) | (16.28) | 20.80 | 9.61 | 13.00 | 14.66 | 31.49 | 1.97 | 13.54 | (0.27) | (9.76) | (20.71) |
| Tax Provision | (1.42) | 0.30 | (5.87) | (0.99) | 17.48 | (7.70) | (1.05) | (0.60) | 3.07 | (1.95) | 4.68 | 0.43 | 1.39 | 0.86 | 0.55 | 4.35 | (0.08) | 3.01 | (6.04) | (0.19) |
| Net Income | 10.40 | (4.10) | 20.88 | (5.76) | (28.38) | (17.79) | 27.57 | (17.42) | (24.48) | (14.33) | 16.12 | 9.18 | 11.61 | 13.80 | 30.94 | (2.38) | 13.62 | (3.27) | (3.71) | (20.52) |
| Basic EPS | 0.05 | (0.02) | 0.10 | (0.03) | (0.13) | (0.08) | 0.11 | (0.07) | (0.10) | (0.06) | 0.06 | 0.04 | 0.05 | 0.06 | 0.13 | (0.01) | 0.05 | (0.01) | 0.43 | (0.08) |
| Diluted EPS | 0.05 | (0.02) | 0.10 | (0.03) | (0.13) | (0.08) | 0.11 | (0.07) | (0.10) | (0.06) | 0.06 | 0.04 | 0.05 | 0.06 | 0.13 | (0.01) | 0.05 | (0.01) | 0.43 | (0.08) |
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 | 44.37 | 23.82 | 47.31 | 81.45 | 125.72 | 55.64 | 82.05 | 16.53 | 37.78 | (14.37) | (28.18) | (1.60) | (5.01) | 3.91 | 41.62 | 25.71 | 8.41 | (29.77) | 26.17 | 55.53 |
| Capital Expenditures | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 3.77 | 9.80 | 1.96 | -- | -- |
| Free Cash Flow* | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 21.94 | (1.39) | (31.73) | -- | -- |
| Investing Cash Flow | (46.99) | (59.23) | (48.68) | (93.98) | (68.50) | (71.31) | (22.60) | (66.19) | (65.28) | (33.41) | (30.99) | (42.71) | (62.95) | (39.95) | (65.01) | (61.24) | (44.23) | (48.46) | (9.86) | (59.39) |
| Financing Cash Flow | 2.72 | 38.58 | (5.57) | 20.19 | (57.08) | 17.20 | (64.50) | 49.81 | 27.48 | 45.50 | 60.32 | 10.94 | 77.77 | 53.85 | 12.04 | 35.21 | 40.52 | 66.14 | (1.49) | (2.27) |
* Derived from reported values
