Financial Statements — XZO
Balance Sheet
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 |
|---|
| Cash & Equivalents | 136.73 | 231.38 | 140.92 |
| Accounts Receivable | 1.79 | 2.51 | -- |
| Total Current Assets | 169.70 | 260.93 | 162.65 |
| Property, Plant & Equipment | 9.73 | 10.26 | 10.85 |
| Total Non-current Assets | 216.08 | 118.84 | 19.61 |
| Total Assets | 385.78 | 379.77 | 182.25 |
| Accounts Payable | 8.36 | 6.17 | 11.65 |
| Total Current Liabilities | 91.74 | 98.58 | 93.93 |
| Total Non-current Liabilities | 5.88 | 6.25 | 9.90 |
| Total Liabilities | 97.61 | 104.83 | 103.82 |
| Retained Earnings | 69.09 | 45.82 | 3.43 |
| Total Stockholder Equity | 288.17 | 274.94 | 78.43 |
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 |
|---|
| Total Revenue | 57.79 | 55.53 | 53.32 | 55.17 |
| Cost of Revenue | 20.95 | 22.79 | 18.44 | 21.39 |
| Gross Profit | 36.84 | 32.74 | 34.87 | 33.77 |
| Research & Development | 2.44 | 2.31 | 1.76 | 2.49 |
| Selling, General & Admin | 5.79 | 5.22 | 6.16 | 3.90 |
| Total Operating Expenses | 8.38 | 7.67 | 8.06 | 6.52 |
| Operating Income | 28.46 | 25.08 | 26.81 | 27.25 |
| Pretax Income | 31.43 | 27.59 | 28.85 | 28.35 |
| Tax Provision | 8.16 | 7.18 | 6.87 | 7.20 |
| Net Income | 23.27 | 20.41 | 21.98 | 21.15 |
| Basic EPS | 0.26 | 0.22 | 0.26 | 0.25 |
| Diluted EPS | 0.26 | 0.22 | 0.26 | 0.25 |
Cash Flow Statement
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 |
|---|
| Operating Cash Flow | 15.42 | 25.47 | -- | 89.02 |
| Capital Expenditures | 0.21 | 0.33 | -- | 2.44 |
| Free Cash Flow* | 15.21 | 25.15 | -- | 86.58 |
| Investing Cash Flow | (99.61) | (99.32) | -- | -- |
| Financing Cash Flow | (10.36) | (0.06) | 153.65 | 0.00 |
* Derived from reported values
