Financial Statements — TEAD
Balance Sheet
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q1
2024 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 |
|---|
| Cash & Equivalents | 0.09 | 0.09 | 0.13 | 0.15 | 0.14 | 0.06 | 0.08 | 0.06 | 0.07 | 0.14 | 0.39 | 0.41 | 0.48 | 0.11 |
| Short-term Investments | 0.00 | 0.01 | 0.01 | 0.02 | 0.02 | 0.07 | 0.09 | 0.10 | 0.18 | 0.14 | -- | -- | -- | -- |
| Accounts Receivable | 0.28 | 0.28 | 0.31 | 0.34 | 0.33 | 0.16 | 0.15 | 0.17 | 0.18 | 0.17 | 0.18 | 0.18 | 0.16 | 0.17 |
| Total Current Assets | 0.41 | 0.43 | 0.49 | 0.55 | 0.53 | 0.33 | 0.36 | 0.39 | 0.48 | 0.48 | 0.60 | 0.62 | 0.67 | 0.30 |
| Property, Plant & Equipment | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.03 | 0.03 | 0.02 | 0.02 |
| Goodwill | 0.27 | 0.28 | 0.63 | 0.63 | 0.59 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.03 | 0.03 |
| Intangible Assets | 0.34 | 0.36 | 0.39 | 0.40 | 0.39 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 | 0.03 | 0.01 | 0.01 |
| Total Non-current Assets* | 0.08 | 0.08 | 0.07 | 0.07 | 0.07 | 0.20 | 0.27 | 0.24 | 0.26 | 0.27 | 0.19 | 0.19 | 0.08 | 0.08 |
| Total Assets | 1.16 | 1.20 | 1.71 | 1.77 | 1.69 | 0.53 | 0.63 | 0.63 | 0.75 | 0.75 | 0.79 | 0.80 | 0.75 | 0.38 |
| Accounts Payable | 0.21 | 0.21 | 0.27 | 0.29 | 0.27 | 0.12 | 0.13 | 0.13 | 0.14 | 0.13 | 0.13 | 0.14 | 0.14 | 0.13 |
| Short-term Debt | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 0.41 | 0.41 | 0.46 | 0.50 | 0.47 | 0.27 | 0.26 | 0.27 | 0.28 | 0.27 | 0.28 | 0.28 | 0.27 | 0.25 |
| Long-term Debt | 0.61 | 0.61 | 0.60 | 0.60 | 0.61 | 0.00 | 0.12 | 0.12 | 0.24 | 0.24 | 0.24 | 0.24 | 0.24 | -- |
| Total Non-current Liabilities* | 0.74 | 0.74 | 0.74 | 0.74 | 0.74 | 0.03 | 0.15 | 0.15 | 0.26 | 0.26 | 0.26 | 0.27 | 0.25 | 0.02 |
| Total Liabilities | 1.15 | 1.15 | 1.19 | 1.24 | 1.21 | 0.30 | 0.41 | 0.41 | 0.54 | 0.53 | 0.55 | 0.54 | 0.52 | 0.26 |
| Retained Earnings | (0.77) | (0.73) | (0.26) | (0.24) | (0.22) | (0.17) | (0.18) | (0.17) | (0.18) | (0.17) | (0.17) | (0.16) | (0.20) | (0.14) |
| Total Stockholder Equity | 0.01 | 0.05 | 0.52 | 0.53 | 0.47 | 0.23 | 0.22 | 0.22 | 0.21 | 0.22 | 0.25 | 0.26 | 0.22 | (0.05) |
* 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 | Q1
2024 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Total Revenue | 284.59 | 265.98 | 352.24 | 318.77 | 343.10 | 286.36 | 234.59 | 224.18 | 214.15 | 230.02 | 231.77 | 257.97 | 229.02 | 250.88 | 254.22 | 289.67 | 250.78 | 247.15 |
| Cost of Revenue | 161.20 | 158.11 | 200.41 | 188.23 | 198.93 | 183.24 | 166.25 | 164.48 | 158.19 | 173.22 | 179.58 | 198.72 | 176.35 | 191.55 | 190.70 | 212.97 | 182.67 | 180.32 |
| Gross Profit | 95.60 | 83.62 | 120.39 | 105.75 | 120.26 | 82.65 | 56.06 | 48.87 | 45.58 | 46.39 | 41.16 | 48.09 | 41.91 | 48.72 | 53.93 | 67.46 | 60.27 | 59.06 |
| Research & Development | 11.36 | 10.68 | 5.55 | 10.74 | 13.29 | 13.98 | 9.43 | 9.05 | 9.40 | 8.68 | 9.31 | 9.46 | 9.91 | 10.52 | 10.43 | 11.61 | 10.66 | 8.47 |
| Selling, General & Admin | 28.40 | 26.58 | 27.81 | 31.97 | 27.89 | 36.48 | 18.36 | 19.56 | 17.03 | 13.62 | 15.41 | 15.85 | 12.22 | 12.96 | 16.03 | 18.13 | 29.98 | 12.25 |
| Total Operating Expenses | 111.25 | 105.42 | 466.43 | 112.03 | 122.52 | 127.09 | 53.53 | 51.82 | 51.20 | 43.77 | 50.47 | 51.76 | 48.99 | 51.60 | 53.86 | 58.42 | 66.69 | 41.91 |
| Operating Income | (15.65) | (21.81) | (346.04) | (6.28) | (2.26) | (44.44) | 2.54 | (2.95) | (5.63) | 2.62 | (9.31) | (3.67) | (7.07) | (2.88) | 0.07 | 9.04 | (6.42) | 17.16 |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | 0.57 | 1.46 | 1.87 | 1.88 | 1.92 | 1.95 | 1.87 | 1.95 | 1.66 | 0.19 |
| Pretax Income | (35.18) | (39.77) | (365.22) | (24.36) | (20.06) | (68.04) | 3.36 | 7.93 | (3.45) | 1.52 | (7.32) | (1.24) | (5.80) | (8.66) | (2.88) | 5.99 | (48.90) | 16.02 |
| Tax Provision | 7.30 | (0.99) | 63.01 | (4.67) | (5.75) | (13.20) | 3.53 | 1.23 | (1.25) | 1.01 | (1.71) | 6.51 | (1.17) | 1.66 | (0.99) | (32.97) | 5.00 | 0.82 |
| Net Income | (42.48) | (38.79) | (428.22) | (19.69) | (14.31) | (54.84) | (0.17) | 6.70 | (2.20) | 0.51 | (5.60) | (7.75) | (4.62) | (10.32) | (1.89) | 38.95 | (53.91) | 15.20 |
| Basic EPS | (0.44) | (0.40) | (4.63) | (0.21) | (0.15) | (0.70) | 0.00 | 0.14 | (0.04) | 0.01 | (0.11) | (0.15) | (0.08) | (0.18) | (0.03) | 1.32 | (1.13) | 0.34 |
| Diluted EPS | (0.44) | (0.40) | (4.63) | (0.21) | (0.15) | (0.70) | (0.01) | 0.01 | (0.04) | 0.01 | (0.11) | (0.15) | (0.08) | (0.18) | (0.03) | 1.21 | (1.13) | 0.28 |
Cash Flow Statement
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q1
2024 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Operating Cash Flow | 9.16 | (34.87) | 7.26 | (23.73) | 25.04 | (0.97) | 42.66 | 25.90 | 8.61 | 1.83 | (20.48) | 17.08 | (12.14) | 1.51 | (2.64) | (4.32) | 36.22 | 24.86 |
| Capital Expenditures | 1.12 | 0.73 | 0.76 | 0.79 | 1.14 | 2.92 | 2.71 | 4.67 | 1.34 | 1.34 | 3.75 | 2.52 | 0.50 | 7.55 | 2.81 | 5.86 | 3.21 | 0.68 |
| Free Cash Flow* | 8.04 | (35.60) | 6.51 | (24.52) | 23.90 | (3.89) | 39.95 | 21.23 | 7.27 | 0.49 | (24.23) | 14.56 | (12.63) | (6.03) | (5.45) | (10.17) | 33.01 | 24.19 |
| Investing Cash Flow | 4.50 | (8.61) | (8.80) | 3.49 | (2.55) | (546.32) | (8.42) | 75.57 | (4.23) | 83.44 | (4.04) | (43.32) | (223.27) | (10.54) | (40.76) | (8.74) | (5.56) | (5.80) |
| Financing Cash Flow | (10.97) | (0.14) | (0.02) | (0.19) | (10.54) | 596.09 | (0.81) | (116.89) | (4.27) | (97.87) | (7.41) | (7.17) | (16.84) | (7.23) | (0.46) | (14.15) | 341.27 | (1.23) |
* Derived from reported values
