Innventure, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 10/01/24 | FY 12/31/23 | FY 12/31/22 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $2.1M | — | — | $1.1M | — |
| Cost of revenue | $18.8M | — | — | $0 | — |
| Research and development | $25.0M | — | — | $4.0M | — |
| Operating income | -$464.7M | — | — | -$23.7M | — |
| Interest expense | $10.2M | — | — | $1.4M | — |
| Pretax income | -$488.8M | — | — | -$31.0M | — |
| Income tax expense | -$13.5M | — | — | $0 | — |
| Net income | -$293.3M | — | — | -$30.8M | — |
| Balance Sheet | |||||
| Cash and equivalents | $60.4M | $11.1M | — | — | — |
| Current assets | $83.2M | $24.3M | — | $5.7M | — |
| Total assets | $599.2M | $905.3M | — | $21.6M | — |
| Current liabilities | $76.3M | $69.3M | — | $8.2M | — |
| Total liabilities | $115.5M | $139.0M | — | $29.4M | — |
| Total debt | $37.4M | $34.7M | — | $9.5M | — |
| Stockholders' equity | $204.2M | $425.5M | -$4.5M | -$20.0M | -$11.2M |
| Cash Flow Statement | |||||
| Cash from operations | -$80.7M | — | — | -$19.5M | — |
| Depreciation and amortization | $22.5M | — | — | $8,000 | — |
| Stock-based compensation | $27.9M | — | — | $910,000 | — |
| Capital expenditure | $1.4M | — | — | $645,000 | — |
| Free cash flow | -$82.1M | — | — | -$20.1M | — |
| Dividends paid | — | — | — | $241,000 | — |
| Impairments | $346.6M | $0 | — | — | — |
Shares outstanding 84.0M · Free float 78.7%
Annual filing data through FY ended December 31, 2025; float as of June 27, 2026.