Financial Statements — VOR
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 | 0.11 | 0.17 | 0.16 | 0.19 | 0.05 | 0.05 | 0.08 | 0.04 | 0.05 | 0.03 | 0.04 | 0.06 | 0.06 | 0.09 | 0.14 | 0.17 | 0.26 |
| Short-term Investments | 0.36 | 0.32 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.06 | 0.12 | 0.15 | 0.17 | 0.08 | 0.09 | 0.09 | 0.08 | 0.08 | -- |
| Total Current Assets | 0.48 | 0.50 | 0.17 | 0.20 | 0.06 | 0.07 | 0.09 | 0.11 | 0.16 | 0.19 | 0.22 | 0.14 | 0.16 | 0.19 | 0.23 | 0.25 | 0.27 |
| Property, Plant & Equipment | 0.00 | 0.00 | 0.00 | 0.00 | 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 |
| Total Non-current Assets* | 0.01 | 0.01 | 0.00 | 0.00 | 0.04 | 0.05 | 0.05 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.07 | 0.04 | 0.03 | 0.03 | 0.03 |
| Total Assets | 0.48 | 0.51 | 0.18 | 0.21 | 0.11 | 0.12 | 0.14 | 0.17 | 0.22 | 0.25 | 0.28 | 0.21 | 0.22 | 0.23 | 0.26 | 0.28 | 0.29 |
| Accounts Payable | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Current Liabilities | 0.02 | 0.02 | 0.02 | 0.06 | 0.02 | 0.01 | 0.01 | 0.01 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.01 | 0.01 | 0.01 |
| Total Non-current Liabilities* | 0.66 | 0.64 | 2.38 | 1.65 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.04 | 0.04 | 0.02 | 0.02 | 0.02 | 0.02 |
| Total Liabilities | 0.68 | 0.66 | 2.40 | 1.71 | 0.04 | 0.04 | 0.04 | 0.04 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.04 | 0.03 | 0.03 | 0.03 |
| Retained Earnings | (1.44) | (1.37) | (2.88) | (2.06) | (0.49) | (0.43) | (0.40) | (0.37) | (0.31) | (0.28) | (0.25) | (0.20) | (0.17) | (0.15) | (0.11) | (0.09) | (0.07) |
| Total Stockholder Equity | (0.20) | (0.15) | (2.23) | (1.51) | 0.07 | 0.07 | 0.10 | 0.12 | 0.17 | 0.20 | 0.23 | 0.16 | 0.17 | 0.19 | 0.23 | 0.25 | 0.27 |
* Derived from reported values
Income Statement
(in billions 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 |
|---|
| Research & Development | 0.03 | 0.02 | 0.02 | 0.01 | 0.26 | 0.03 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 |
| Selling, General & Admin | 0.02 | 0.02 | 0.02 | 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 | 0.01 | 0.01 | 0.01 | 0.01 |
| Total Operating Expenses | 0.05 | 0.04 | 0.04 | 0.03 | 0.27 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.04 | 0.03 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Operating Income | (0.05) | (0.04) | (0.04) | (0.03) | (0.27) | (0.03) | (0.03) | (0.03) | (0.03) | (0.03) | (0.03) | (0.04) | (0.03) | (0.03) | (0.02) | (0.02) | (0.02) | (0.02) | (0.02) | (0.02) |
| Net Income | (0.06) | (0.22) | 1.72 | (0.81) | (1.57) | (0.03) | (0.03) | (0.03) | (0.03) | (0.03) | (0.03) | (0.03) | (0.03) | (0.03) | (0.02) | (0.02) | (0.02) | (0.02) | (0.02) | (0.02) |
| Basic EPS | (1.16) | (5.11) | 63.95 | (121.63) | (12.56) | (0.26) | (0.44) | (0.40) | (0.41) | (0.45) | (0.38) | (0.49) | (0.45) | (0.43) | (0.52) | (0.63) | (0.58) | -- | -- | -- |
| Diluted EPS | (1.16) | (5.11) | 63.95 | (121.63) | (12.56) | (0.26) | (0.44) | (0.40) | (0.41) | (0.45) | (0.38) | (0.49) | (0.45) | (0.43) | (0.52) | (0.63) | (0.58) | -- | -- | -- |
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 | (25.38) | (38.25) | (22.80) | (53.66) | (35.18) | (31.07) | (24.06) | (23.28) | (21.85) | (30.46) | (24.03) | (27.90) | (24.10) | (24.27) | (18.35) | (18.90) | (24.99) | (22.90) | (17.59) | (17.34) |
| Capital Expenditures | 0.12 | 0.05 | 0.31 | 0.24 | 0.15 | 0.23 | 0.07 | 0.03 | 0.01 | 0.11 | 0.11 | 0.47 | 0.40 | 0.09 | 0.32 | 0.30 | 5.83 | 2.01 | 1.17 | 0.64 |
| Free Cash Flow* | (25.50) | (38.29) | (23.11) | (53.91) | (35.34) | (31.30) | (24.13) | (23.32) | (21.86) | (30.58) | (24.14) | (28.36) | (24.50) | (24.36) | (18.67) | (19.20) | (30.82) | (24.91) | (18.75) | (17.98) |
| Investing Cash Flow | (36.53) | (263.24) | (48.97) | (0.24) | 0.65 | (0.23) | (0.07) | (0.03) | 52.99 | 43.97 | 10.34 | 40.54 | 13.64 | 6.50 | (97.04) | 12.70 | (2.70) | (7.05) | (5.95) | (8.49) |
| Financing Cash Flow | (0.11) | 74.87 | 307.80 | 21.55 | 175.07 | (0.61) | 53.29 | 0.04 | (0.03) | 0.10 | 0.03 | 0.18 | 0.22 | 2.52 | 112.26 | 4.08 | 0.60 | 0.20 | 0.31 | 0.20 |
* Derived from reported values
