Financial Statements — KVYO
Balance Sheet
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 |
|---|
| Cash & Equivalents | 0.83 | 0.98 | 0.98 | 0.94 | 0.89 | 0.83 | 0.79 | 0.76 | 0.72 |
| Accounts Receivable | 0.08 | 0.07 | 0.06 | 0.06 | 0.05 | 0.03 | 0.03 | 0.02 | 0.02 |
| Total Current Assets | 1.01 | 1.15 | 1.11 | 1.06 | 1.01 | 0.92 | 0.87 | 0.83 | 0.78 |
| Property, Plant & Equipment | 0.09 | 0.08 | 0.07 | 0.06 | 0.05 | 0.05 | 0.04 | 0.04 | 0.04 |
| Total Non-current Assets* | 0.38 | 0.38 | 0.36 | 0.34 | 0.34 | 0.28 | 0.28 | 0.28 | 0.29 |
| Total Assets | 1.38 | 1.52 | 1.47 | 1.40 | 1.35 | 1.19 | 1.15 | 1.11 | 1.07 |
| Accounts Payable | 0.04 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Total Current Liabilities | 0.32 | 0.27 | 0.23 | 0.21 | 0.19 | 0.14 | 0.13 | 0.13 | 0.12 |
| Total Non-current Liabilities* | 0.10 | 0.10 | 0.10 | 0.09 | 0.09 | 0.04 | 0.04 | 0.04 | 0.05 |
| Total Liabilities | 0.42 | 0.37 | 0.32 | 0.30 | 0.28 | 0.18 | 0.17 | 0.17 | 0.17 |
| Retained Earnings | (0.88) | (0.87) | (0.88) | (0.88) | (0.86) | (0.82) | (0.82) | (0.81) | (0.77) |
| Total Stockholder Equity | 0.97 | 1.15 | 1.14 | 1.10 | 1.06 | 1.01 | 0.98 | 0.94 | 0.91 |
* 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 |
|---|
| Total Revenue | 370.58 | 358.01 | 350.20 | 310.88 | 293.12 | 279.83 | 270.16 | 235.09 | 222.21 | 209.99 | 201.62 | 175.81 |
| Cost of Revenue | 101.47 | 89.11 | 97.44 | 76.14 | 71.24 | 67.70 | 71.74 | 54.36 | 50.27 | 44.94 | 45.01 | 58.83 |
| Gross Profit | 269.10 | 268.89 | 252.75 | 234.74 | 221.88 | 212.13 | 198.43 | 180.74 | 171.94 | 165.06 | 156.60 | 116.98 |
| Research & Development | 91.93 | 80.03 | 76.73 | 72.67 | 72.46 | 69.35 | 70.86 | 55.77 | 55.74 | 56.10 | 52.64 | 141.46 |
| Selling, General & Admin | 52.83 | 53.06 | 49.43 | 45.25 | 54.12 | 43.00 | 44.39 | 38.23 | 35.76 | 39.19 | 37.78 | 109.85 |
| Total Operating Expenses | 284.07 | 267.15 | 254.60 | 245.57 | 253.21 | 235.88 | 233.08 | 194.02 | 186.00 | 187.15 | 192.94 | 419.19 |
| Operating Income | (14.96) | 1.75 | (1.85) | (10.84) | (31.33) | (23.75) | (34.65) | (13.28) | (14.05) | (22.09) | (36.33) | (302.20) |
| Pretax Income | (7.11) | 10.72 | 7.73 | (0.61) | (22.48) | (15.15) | (24.58) | (2.54) | (4.08) | (12.48) | (26.89) | (296.29) |
| Tax Provision | 1.74 | 1.68 | 0.70 | (0.19) | 1.80 | (1.07) | 2.40 | (1.20) | 0.86 | 0.40 | (0.59) | 0.82 |
| Net Income | (8.85) | 9.04 | 7.03 | (0.43) | (24.28) | (14.09) | (26.97) | (1.34) | (4.94) | (12.88) | (26.29) | (297.10) |
| Basic EPS | (0.03) | 0.03 | 0.03 | 0.00 | (0.09) | (0.05) | (0.09) | (0.01) | (0.02) | (0.05) | (0.08) | (1.24) |
| Diluted EPS | (0.03) | 0.03 | 0.03 | 0.00 | (0.09) | (0.05) | (0.09) | (0.01) | (0.02) | (0.05) | (0.08) | (1.24) |
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 |
|---|
| Operating Cash Flow | 93.88 | 34.28 | 93.16 | 54.76 | 55.73 | 14.36 | 60.09 | 38.78 | 40.90 | 26.18 | 38.64 | 80.73 |
| Capital Expenditures | 6.56 | 11.67 | 2.47 | 2.27 | 2.06 | 2.69 | 2.35 | 1.55 | 0.77 | 1.26 | 2.83 | 0.82 |
| Free Cash Flow* | 87.32 | 22.61 | 90.69 | 52.49 | 53.67 | 11.68 | 57.74 | 37.24 | 40.13 | 24.92 | 35.81 | 79.90 |
| Investing Cash Flow | (11.01) | (15.72) | (5.71) | (9.74) | (7.31) | (7.74) | (5.63) | (4.54) | (3.83) | (3.22) | (3.92) | (5.43) |
| Financing Cash Flow | (234.81) | (98.85) | (2.84) | (0.27) | (1.33) | (0.04) | 0.23 | (0.98) | 0.69 | (5.74) | (19.51) | 262.24 |
* Derived from reported values
