Financial Statements — MQ
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 |
|---|
| Cash & Equivalents | 0.69 | 0.67 | 0.75 | 0.73 | 0.83 | 0.89 | 0.92 | 0.97 | 0.95 | 0.95 | 1.05 | 1.20 | 1.22 | 1.20 | 1.26 | 1.58 |
| Accounts Receivable | 0.05 | 0.05 | 0.04 | 0.04 | 0.03 | 0.03 | 0.03 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Total Current Assets | 1.10 | 1.19 | 1.20 | 0.99 | 1.13 | 1.22 | 1.27 | 1.35 | 1.41 | 1.51 | 1.59 | 1.74 | 1.74 | 1.76 | 1.76 | 1.76 |
| Property, Plant & Equipment | 0.07 | 0.06 | 0.06 | 0.05 | 0.04 | 0.04 | 0.03 | 0.03 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Goodwill | 0.15 | 0.15 | 0.15 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | -- | -- | -- | -- | -- |
| Intangible Assets | 0.02 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.04 | 0.04 | 0.04 | -- | -- | -- | -- | -- |
| Total Non-current Assets* | 0.29 | 0.29 | 0.29 | 0.22 | 0.21 | 0.21 | 0.22 | 0.21 | 0.20 | 0.19 | 0.19 | 0.03 | 0.03 | 0.03 | 0.02 | 0.02 |
| Total Assets | 1.39 | 1.48 | 1.49 | 1.21 | 1.35 | 1.44 | 1.49 | 1.56 | 1.60 | 1.70 | 1.77 | 1.77 | 1.78 | 1.79 | 1.78 | 1.78 |
| Total Current Liabilities | 0.66 | 0.72 | 0.64 | 0.36 | 0.36 | 0.33 | 0.34 | 0.34 | 0.30 | 0.32 | 0.33 | 0.25 | 0.23 | 0.23 | 0.19 | 0.17 |
| Total Non-current Liabilities* | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 |
| Total Liabilities | 0.68 | 0.73 | 0.65 | 0.37 | 0.36 | 0.34 | 0.35 | 0.35 | 0.31 | 0.33 | 0.34 | 0.26 | 0.24 | 0.25 | 0.21 | 0.19 |
| Retained Earnings | (0.80) | (0.80) | (0.81) | (0.81) | (0.81) | (0.77) | (0.74) | (0.86) | (0.78) | (0.73) | (0.67) | (0.58) | (0.52) | (0.48) | (0.38) | (0.33) |
| Total Stockholder Equity | 0.72 | 0.74 | 0.84 | 0.84 | 0.99 | 1.10 | 1.14 | 1.21 | 1.30 | 1.37 | 1.43 | 1.51 | 1.53 | 1.54 | 1.57 | 1.59 |
* Derived from reported values
Income 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 |
|---|
| Total Revenue | 176.00 | 165.80 | 172.11 | 163.31 | 150.39 | 139.07 | 135.79 | 127.97 | 125.27 | 117.97 | 118.82 | 108.89 | 231.12 | 217.34 | 203.81 | 191.62 | 186.68 | 166.10 | 155.41 | 131.51 |
| Cost of Revenue | 54.12 | 48.21 | 52.14 | 48.75 | 46.33 | 40.39 | 37.59 | 37.84 | 45.92 | 33.81 | 35.59 | 36.38 | 146.51 | 128.18 | 116.68 | 111.52 | 108.63 | 91.38 | 79.61 | 72.44 |
| Gross Profit | 121.87 | 117.59 | 119.98 | 114.56 | 104.06 | 98.68 | 98.20 | 90.13 | 79.35 | 84.16 | 83.23 | 72.51 | 84.61 | 89.16 | 87.12 | 80.10 | 78.05 | 74.73 | 75.80 | 59.07 |
| Total Operating Expenses | 118.24 | 115.50 | 128.27 | 124.93 | 113.29 | 117.22 | 135.63 | 132.36 | (25.69) | 134.01 | 139.57 | 142.33 | 154.03 | 176.60 | 141.45 | 139.60 | 124.77 | 124.00 | 113.53 | 104.71 |
| Operating Income | 3.64 | 2.09 | (8.29) | (10.37) | (9.23) | (18.54) | (37.42) | (42.23) | 105.04 | (49.85) | (56.33) | (69.83) | (69.42) | (87.43) | (54.32) | (59.50) | (46.72) | (49.27) | (37.73) | (45.64) |
| Pretax Income | 8.07 | 8.03 | (1.74) | (3.13) | (0.44) | (8.02) | (26.72) | (28.53) | 119.26 | (35.93) | (41.40) | (54.75) | (58.66) | (75.76) | (25.85) | (53.16) | (44.91) | (60.95) | (37.59) | (45.69) |
| Tax Provision | 0.51 | 0.19 | (0.34) | 0.50 | 0.21 | 0.24 | 0.39 | 0.12 | 0.15 | 0.13 | (1.03) | 0.24 | 0.14 | (6.96) | 0.47 | 0.01 | (0.23) | (0.35) | (0.78) | 0.04 |
| Net Income | 7.57 | 7.83 | (1.39) | (3.62) | (0.65) | (8.26) | (27.12) | (28.64) | 119.11 | (36.06) | (40.37) | (54.99) | (58.80) | (68.80) | (26.33) | (53.17) | (44.69) | (60.60) | (36.81) | (45.73) |
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 | 63.18 | (3.37) | 53.32 | 86.77 | 12.55 | 9.99 | 24.76 | 7.28 | 25.71 | 0.43 | 16.52 | 41.10 | (25.97) | (10.55) | 14.93 | (3.95) | 22.82 | (46.76) | 55.62 | (4.46) |
| Capital Expenditures | 0.21 | 1.28 | (0.16) | 0.39 | 0.34 | 1.27 | 0.04 | 0.19 | 1.00 | 1.19 | 0.04 | 0.05 | 0.09 | 0.58 | 0.62 | 0.83 | 0.26 | 0.61 | 0.49 | 1.16 |
| Free Cash Flow* | 62.97 | (4.65) | 53.48 | 86.38 | 12.21 | 8.72 | 24.72 | 7.09 | 24.71 | (0.76) | 16.48 | 41.05 | (26.06) | (11.12) | 14.31 | (4.78) | 22.56 | (47.37) | 55.13 | (5.61) |
| Investing Cash Flow | 19.20 | 16.06 | 12.87 | 182.52 | 60.86 | 14.86 | 33.75 | 9.71 | (6.17) | 33.50 | 81.91 | 79.13 | (24.19) | (98.33) | 27.78 | 1.91 | (0.13) | (0.83) | (66.47) | (305.60) |
| Financing Cash Flow | (84.39) | (74.54) | (30.92) | (27.85) | (171.58) | (116.97) | (21.90) | (55.30) | (65.17) | (44.54) | (64.51) | (124.21) | (48.51) | (24.56) | (63.72) | (13.37) | 0.33 | (2.73) | (1.79) | (9.01) |
* Derived from reported values
