Financial Statements — RDW
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 | 0.56 | 0.14 | 0.05 | 0.08 | 0.03 | 0.03 | 0.03 | 0.03 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.03 | 0.00 | 0.00 |
| Accounts Receivable | 0.03 | 0.02 | 0.03 | 0.04 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | -- | -- |
| Inventory | 0.09 | 0.07 | 0.05 | 0.06 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- |
| Total Current Assets | 0.76 | 0.32 | 0.21 | 0.24 | 0.14 | 0.13 | 0.11 | 0.10 | 0.08 | 0.09 | 0.08 | 0.05 | 0.05 | 0.04 | 0.05 | 0.00 | 0.00 |
| Property, Plant & Equipment | 0.06 | 0.05 | 0.05 | 0.05 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.00 | -- | -- |
| Goodwill | 0.77 | 0.78 | 0.80 | 0.79 | 0.07 | 0.07 | 0.07 | 0.07 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.10 | 0.07 | -- | -- |
| Intangible Assets | 0.32 | 0.33 | 0.35 | 0.40 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.07 | 0.06 | 0.06 | 0.09 | 0.09 | -- | -- |
| Total Non-current Assets* | 1.18 | 1.19 | 1.24 | 1.26 | 0.17 | 0.16 | 0.15 | 0.16 | 0.16 | 0.16 | 0.16 | 0.14 | 0.13 | 0.22 | 0.16 | 0.17 | 0.17 |
| Total Assets | 1.94 | 1.51 | 1.45 | 1.51 | 0.31 | 0.29 | 0.26 | 0.26 | 0.24 | 0.25 | 0.25 | 0.18 | 0.18 | 0.26 | 0.22 | 0.17 | 0.17 |
| Accounts Payable | 0.05 | 0.04 | 0.03 | 0.04 | 0.03 | 0.02 | 0.03 | 0.03 | 0.01 | 0.02 | 0.01 | 0.02 | 0.02 | 0.01 | 0.01 | 0.00 | 0.00 |
| Total Current Liabilities | 0.19 | 0.18 | 0.15 | 0.17 | 0.12 | 0.13 | 0.11 | 0.10 | 0.09 | 0.09 | 0.08 | 0.06 | 0.06 | 0.05 | 0.04 | 0.00 | 0.00 |
| Long-term Debt | 0.05 | 0.09 | 0.19 | 0.19 | 0.11 | 0.12 | 0.10 | 0.09 | 0.08 | 0.08 | 0.08 | 0.09 | 0.09 | 0.08 | 0.08 | -- | -- |
| Total Non-current Liabilities* | 0.12 | 0.16 | 0.26 | 0.28 | 0.13 | 0.15 | 0.12 | 0.11 | 0.10 | 0.10 | 0.10 | 0.11 | 0.10 | 0.11 | 0.10 | 0.05 | 0.04 |
| Total Liabilities | 0.31 | 0.35 | 0.41 | 0.45 | 0.25 | 0.28 | 0.23 | 0.21 | 0.19 | 0.19 | 0.18 | 0.17 | 0.16 | 0.17 | 0.14 | 0.05 | 0.04 |
| Retained Earnings | (0.74) | (0.70) | (0.54) | (0.49) | (0.35) | (0.28) | (0.26) | (0.24) | (0.23) | (0.22) | (0.21) | (0.18) | (0.17) | (0.09) | (0.06) | (0.02) | (0.01) |
| Total Stockholder Equity | 1.63 | 1.09 | 0.93 | 0.91 | (0.07) | (0.10) | (0.08) | (0.05) | (0.03) | (0.02) | (0.01) | 0.01 | 0.02 | 0.09 | 0.08 | 0.01 | 0.01 |
* 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 | 117.07 | 96.97 | 108.79 | 103.43 | 61.76 | 61.40 | 69.56 | 68.64 | 78.11 | 87.79 | 63.49 | 62.61 | 60.10 | 57.61 | 53.71 | 37.25 | 36.73 | 32.87 | 41.08 | 32.68 |
| Cost of Revenue | 84.53 | 71.16 | 98.30 | 86.62 | 80.82 | 52.35 | 64.94 | 56.62 | 65.13 | 72.97 | 52.75 | 45.50 | 44.19 | 43.39 | 45.11 | 29.30 | 29.75 | 27.70 | 33.81 | 26.79 |
| Gross Profit | 32.54 | 25.81 | 10.50 | 16.81 | (19.06) | 9.04 | 4.62 | 12.02 | 12.98 | 14.83 | 10.73 | 17.12 | 15.90 | 14.22 | 8.59 | 7.95 | 6.98 | 5.17 | 7.27 | 5.89 |
| Research & Development | 12.55 | 12.58 | 9.54 | 7.69 | 1.72 | 0.81 | 1.45 | 1.89 | 1.75 | 1.04 | 0.99 | 1.53 | 2.07 | 0.39 | 0.38 | 1.13 | 1.71 | 1.72 | 1.19 | 1.37 |
| Selling, General & Admin | 42.08 | 82.89 | 47.79 | 50.29 | 54.46 | 18.75 | 18.43 | 17.52 | 18.09 | 17.36 | 16.50 | 18.30 | 17.69 | 16.04 | 16.52 | 15.31 | 17.56 | 20.95 | 20.84 | 34.33 |
| Total Operating Expenses | 54.63 | 95.51 | 92.12 | 58.66 | 72.83 | 23.36 | 23.60 | 24.54 | 20.11 | 18.40 | 17.49 | 19.83 | 19.76 | 16.43 | 34.38 | 140.76 | 99.78 | 22.72 | 23.61 | 36.95 |
| Operating Income | (22.09) | (69.70) | (81.62) | (41.85) | (91.89) | (14.32) | (18.98) | (12.51) | (7.13) | (3.58) | (6.76) | (2.72) | (3.86) | (2.22) | (25.78) | (10.31) | (92.80) | (17.55) | (38.21) | (31.05) |
| Pretax Income | (39.11) | (75.86) | (84.56) | (34.29) | (129.58) | (3.13) | (68.84) | (21.43) | (18.07) | (7.99) | (8.33) | (6.58) | (5.55) | (7.29) | (26.90) | (12.56) | (78.95) | (20.18) | (17.01) | (29.83) |
| Tax Provision | 1.86 | 0.64 | 0.91 | 6.86 | (32.60) | (0.18) | (1.67) | (0.47) | 0.02 | 0.11 | (0.12) | (0.25) | (0.08) | (0.03) | (1.02) | (2.13) | (1.92) | (2.89) | (3.30) | (5.58) |
| Net Income | (40.97) | (76.50) | (85.47) | (41.15) | (96.98) | (2.95) | (67.17) | (20.96) | (18.09) | (8.10) | (8.29) | (6.25) | (5.46) | (7.26) | (25.87) | (10.42) | (77.03) | (17.29) | (31.79) | (24.25) |
| Basic EPS | (0.19) | (0.40) | (0.49) | (0.29) | (1.41) | (0.09) | (1.39) | (0.37) | (0.42) | (0.17) | (0.25) | (0.14) | (0.16) | (0.18) | (0.43) | (0.16) | (1.22) | (0.28) | (0.15) | (0.55) |
| Diluted EPS | (0.19) | (0.40) | (0.49) | (0.29) | (1.41) | (0.09) | (1.39) | (0.37) | (0.42) | (0.17) | (0.25) | (0.14) | (0.16) | (0.18) | (0.43) | (0.16) | (1.22) | (0.28) | (0.15) | (0.55) |
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 | (24.94) | (6.67) | (24.26) | (20.32) | (87.66) | (45.08) | 7.06 | (17.67) | (9.51) | 2.76 | 15.69 | (3.26) | 2.84 | (14.05) | (4.83) | (11.24) | (4.14) | (11.45) | (3.03) | (33.54) |
| Capital Expenditures | 8.53 | 4.76 | 2.19 | 6.54 | 2.96 | 1.79 | 2.34 | 1.59 | 0.91 | 1.56 | 2.10 | 1.30 | 1.44 | 0.79 | 0.83 | 0.90 | 1.01 | 0.89 | 0.25 | 1.84 |
| Free Cash Flow* | (33.47) | (11.42) | (26.45) | (26.86) | (90.62) | (46.87) | 4.73 | (19.26) | (10.42) | 1.20 | 13.60 | (4.56) | 1.41 | (14.83) | (5.66) | (12.14) | (5.14) | (12.34) | (3.29) | (35.38) |
| Investing Cash Flow | (10.40) | (6.04) | (5.85) | (7.49) | (157.67) | (4.05) | (4.15) | (3.59) | 2.91 | (2.37) | (3.11) | (2.67) | (1.75) | (0.80) | (33.95) | (1.36) | (1.06) | (1.01) | (2.45) | (36.09) |
| Financing Cash Flow | 448.39 | 63.08 | 70.58 | 3.43 | 269.30 | 54.19 | 3.44 | 33.35 | 4.90 | 2.03 | 6.77 | 5.73 | (1.20) | (2.24) | 59.71 | 8.78 | 10.18 | (2.11) | (1.33) | 75.49 |
* Derived from reported values
