SequelSEC

Innventure, Inc. INV

Blank Checks · CIK 0002001557 · Fiscal year ends 1231

Revenue
$2.06M
Fiscal year ended 2025-12-31
Operating income
-$464.70M
Fiscal year ended 2025-12-31
Free cash flow
-$82.10M
Fiscal year ended 2025-12-31

Valuation, from the filing

Public float$126.81MMarket value of stock held by non-affiliates, as stated on the cover page for 2025-06-30
Float per share$1.58Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / revenue61.7×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity0.3×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.

How this compares in its industry

Percentile among the Blank Checks filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
Current ratio1.09x54th

Innventure, Inc. (INV) reported revenue of $2.06M and net income of -$293.32M for the fiscal year ended 2025-12-31. This page shows 2 annual periods of income statement, balance sheet and cash flow figures normalized from Innventure, Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Blank Checks.

Income

Innventure, Inc. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312023-12-31
Revenue$2.06M$1.12M
Cost of revenue$18.83M$0
Gross profit-$16.77M$1.12M
Operating income-$464.70M-$23.68M
Net income-$293.32M-$30.84M
Research & development$25.02M$4.00M
Weighted-average diluted sharesshares 54.42MUnavailable
Pretax income-$488.83M-$30.98M
Income tax expense-$13.48M$0
Diluted EPS$-5.39Unavailable
Selling, general & administrative$76.34M$20.79M
General & administrative$66.71M$17.59M
Selling & marketing$9.63M$3.20M

Balance

Innventure, Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312023-12-31
Cash & equivalents$60.45MUnavailable
Total assets$599.19M$21.56M
Current assets$83.15M$5.66M
Total liabilities$115.51M$29.42M
Current liabilities$76.28M$8.17M
Total equity incl. NCI$483.68M-$18.49M
Temporary (mezzanine) equity$0$10.63M
Inventory$1.60M$0
Accounts receivable$1.09M$0
Goodwill$323.46M$0
Long-term debt$8.33M$5.50M
Accounts payable$2.55MUnavailable

Cash flow

Innventure, Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312023-12-31
Operating cash flow-$80.68M-$19.48M
Capital expenditures$1.42M$645.00K
Investing cash flow-$4.12M-$4.67M
Financing cash flow$139.14M$19.17M
Net change in cash$54.33M-$4.97M
Stock-based compensation$27.87M$910.00K
Common dividends paidUnavailable$241.00K
Common share repurchasesUnavailableUnavailable
Depreciation & amortization$22.51M$8.00K

Derived

Innventure, Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312023-12-31
Free cash flow-$82.10M-$20.12M
Gross margin-815.9%100.0%
Operating margin-22602.1%-2119.8%
FCF margin-3993.2%-1801.3%
SBC / revenue1355.6%81.5%
Current ratio1.09x0.69x
Revenue YoY growthUnavailableUnavailable
Net margin-14266.4%-2761.4%
R&D / revenue1217.2%358.2%
CapEx / revenue68.9%57.7%
Long-term debt / equity0.02xUnavailable
Effective tax rateUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open INV in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-13View SEC filing
10-Q · Filed 2026-05-14View SEC filing
10-K · Filed 2026-03-30View SEC filing
10-Q · Filed 2025-11-13View SEC filing
10-Q · Filed 2025-08-14View SEC filing
10-Q · Filed 2025-05-15View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.