Financial Statements — SSRM
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.78 | 0.63 | 0.41 | 0.41 | 0.32 | 0.33 | 0.36 | 0.47 | 0.44 | 0.38 | 0.56 | 0.75 | 0.94 | 1.00 |
| Short-term Investments | 0.05 | 0.04 | 0.04 | 0.03 | 0.02 | 0.03 | 0.03 | 0.02 | 0.03 | 0.03 | 0.03 | 0.05 | 0.03 | 0.03 |
| Accounts Receivable | 0.05 | 0.09 | 0.08 | 0.07 | 0.07 | 0.07 | 0.06 | 0.06 | 0.07 | 0.06 | 0.09 | 0.08 | 0.07 | 0.09 |
| Inventory | 0.51 | 0.52 | 0.59 | 0.57 | 0.54 | 0.49 | 0.51 | 0.47 | 0.53 | 0.56 | 0.52 | 0.47 | 0.44 | 0.42 |
| Total Current Assets | 2.47 | 3.67 | 1.21 | 1.15 | 1.02 | 1.00 | 1.02 | 1.08 | 1.16 | 1.16 | 1.34 | 1.43 | 1.61 | 1.68 |
| Property, Plant & Equipment | -- | -- | -- | -- | -- | -- | 3.81 | 3.82 | 4.25 | 4.25 | 3.55 | 3.19 | 3.19 | 3.16 |
| Goodwill | -- | -- | -- | -- | -- | -- | -- | -- | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 |
| Total Non-current Assets* | 1.81 | 2.28 | 4.70 | 4.65 | 4.62 | 4.15 | 4.15 | 4.17 | 4.59 | 4.58 | 3.89 | 3.56 | 3.56 | 3.54 |
| Total Assets | 4.28 | 5.95 | 5.91 | 5.80 | 5.64 | 5.14 | 5.18 | 5.25 | 5.75 | 5.74 | 5.23 | 5.00 | 5.17 | 5.21 |
| Accounts Payable | 0.03 | 0.04 | 0.04 | 0.04 | 0.04 | 0.03 | 0.02 | 0.03 | 0.05 | 0.06 | 0.08 | 0.04 | 0.04 | 0.06 |
| Total Current Liabilities | 0.25 | 0.69 | 0.50 | 0.48 | 0.26 | 0.25 | 0.29 | 0.35 | 0.17 | 0.20 | 0.25 | 0.25 | 0.23 | 0.28 |
| Long-term Debt | -- | 0.07 | -- | -- | -- | 0.23 | 0.23 | 0.23 | 0.23 | 0.26 | 0.28 | 0.32 | 0.33 | 0.35 |
| Total Non-current Liabilities* | 0.64 | 0.83 | 1.26 | 1.23 | 1.38 | 0.94 | 0.95 | 0.96 | 0.99 | 0.92 | 0.85 | 0.75 | 0.82 | 0.85 |
| Total Liabilities | 0.89 | 1.52 | 1.76 | 1.71 | 1.64 | 1.20 | 1.23 | 1.31 | 1.16 | 1.13 | 1.10 | 1.00 | 1.04 | 1.13 |
| Retained Earnings | 0.32 | 0.40 | 0.33 | 0.26 | 0.17 | 0.11 | 0.10 | 0.09 | 0.60 | 0.60 | 0.54 | 0.44 | 0.49 | 0.45 |
| Total Stockholder Equity | 3.39 | 3.63 | 3.33 | 3.26 | 3.17 | 3.10 | 3.09 | 3.08 | 3.62 | 3.61 | 3.59 | 3.50 | 3.62 | 3.59 |
* 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 443.80 | 581.78 | 521.73 | 385.84 | 405.46 | 316.62 | 323.19 | 257.36 | 184.84 | 230.23 | 414.37 | 385.39 | 301.03 | 314.61 | 306.38 | 166.63 | 319.58 | 355.45 | 407.92 |
| Cost of Revenue* | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 325.21 | -- | -- | 86.50 | 106.45 | 164.93 | 153.52 | 188.04 |
| Gross Profit* | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 60.18 | -- | -- | 219.88 | 168.33 | 154.66 | 201.93 | 219.88 |
| Selling, General & Admin | 27.65 | 38.48 | 17.07 | 40.23 | 26.63 | 23.89 | 17.56 | 19.02 | 13.45 | 12.86 | 15.09 | 17.54 | 16.29 | 18.54 | 23.24 | 12.71 | 19.47 | 16.24 | 21.66 |
| Total Operating Expenses* | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 95.24 | -- | -- | 101.06 | 75.67 | 84.56 | 86.06 | 101.06 |
| Operating Income | 191.68 | 300.38 | 202.33 | 83.33 | 108.89 | 66.89 | 34.38 | 9.04 | 10.72 | (376.42) | (297.62) | 77.47 | 52.93 | 36.99 | 39.37 | (35.06) | 70.10 | 115.87 | 118.82 |
| Interest Expense | 0.50 | -- | -- | -- | -- | -- | -- | -- | -- | 4.66 | 2.52 | 4.08 | 4.96 | 5.06 | 6.01 | 4.54 | 4.27 | 4.30 | 4.53 |
| Pretax Income | 185.33 | 309.96 | 206.50 | 72.18 | 100.67 | 63.79 | 37.88 | 7.15 | 14.46 | (378.22) | (335.13) | 61.77 | 39.16 | 31.79 | 116.39 | (42.03) | 58.56 | 107.92 | 115.32 |
| Tax Provision | 48.32 | 59.78 | 35.92 | 14.95 | 20.23 | 9.14 | 40.94 | 0.87 | 11.73 | (20.24) | (70.83) | 68.89 | (83.39) | 2.79 | 21.29 | (13.81) | (8.98) | 31.56 | (41.60) |
| Net Income | 97.29 | (106.45) | 181.46 | 65.44 | 90.08 | 58.78 | 5.56 | 10.56 | 9.69 | (287.08) | (217.84) | 15.16 | 74.87 | 29.81 | 93.88 | (25.79) | 58.49 | 67.56 | 127.44 |
| Basic EPS | 0.47 | (0.52) | 0.90 | 0.32 | 0.44 | 0.29 | 0.03 | 0.05 | 0.05 | (1.42) | (1.06) | 0.07 | 0.37 | 0.14 | 0.44 | (0.12) | 0.28 | 0.32 | 0.59 |
| Diluted EPS | 0.47 | (0.52) | 0.84 | 0.31 | 0.42 | 0.28 | 0.03 | 0.05 | 0.05 | (1.42) | (1.04) | 0.07 | 0.35 | 0.14 | 0.43 | (0.12) | 0.27 | 0.31 | 0.56 |
* Derived from reported values
Cash Flow Statement
(in billions 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 0.10 | 0.26 | 0.17 | 0.06 | 0.16 | 0.08 | 0.09 | -0.00 | (0.08) | 0.02 | 0.20 | 0.14 | 0.08 | 0.00 | 0.12 | (0.05) | 0.03 | 0.06 | -- |
| Capital Expenditures | 0.03 | 0.09 | 0.07 | 0.06 | 0.06 | 0.05 | 0.04 | 0.03 | 0.04 | 0.03 | 0.06 | 0.05 | 0.06 | 0.06 | 0.02 | 0.04 | 0.04 | 0.03 | 0.03 |
| Free Cash Flow* | 0.07 | 0.18 | 0.11 | -0.00 | 0.10 | 0.04 | 0.06 | (0.03) | (0.12) | (0.01) | 0.14 | 0.09 | 0.02 | (0.06) | 0.10 | (0.09) | (0.01) | 0.03 | -- |
| Investing Cash Flow | 1.40 | (0.09) | (0.05) | (0.06) | (0.07) | (0.15) | (0.04) | (0.04) | (0.03) | (0.04) | (0.06) | (0.05) | (0.18) | (0.05) | (0.17) | (0.01) | (0.03) | (0.03) | -- |
| Financing Cash Flow | (0.34) | (0.08) | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.01 | 0.00 | (0.01) | (0.02) | (0.05) | (0.07) | (0.04) | (0.03) | (0.12) | (0.06) | (0.05) | -- |
* Derived from reported values