Leonardo S.p.a. (BIT:LDO)

Leonardo S.p.a. Balance Sheet

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	3,238	2,556	2,407	1,511	2,479
Cash & Short-Term Investments	3,238	2,556	2,407	1,511	2,479
Cash Growth	26.68%	6.19%	59.30%	-39.05%	12.02%
Accounts Receivable	7,592	7,724	7,321	6,990	6,951
Other Receivables	329	458	527	441	766
Total Trade Receivables	7,921	8,182	7,848	7,431	7,717
Inventory	7,028	6,520	5,693	5,338	5,486
Other Current Assets	892	656	-	-	-
Total Current Assets	19,079	17,914	16,398	14,602	15,552
Net Property, Plant & Equipment	3,617	3,412	3,108	2,904	2,652
Goodwill	8,546	8,728	7,565	7,410	7,079
Long-Term Investments	1,834	1,877	2,087	2,099	1,319
Other Long-Term Assets	1,433	1,742	1,985	1,889	1,647
Total Assets	34,509	33,673	30,693	28,582	28,379
Accounts Payable	3,504	3,763	3,268	3,054	3,372
Current Portion of Long-Term Debt	2,593	2,327	2,044	1,082	1,558
Unearned Revenue	10,149	9,506	8,733	8,015	7,942
Other Current Liabilities	3,334	3,070	2,914	3,015	2,724
Total Current Liabilities	19,580	18,666	16,959	15,166	15,596
Long-Term Debt	1,896	2,373	2,885	3,531	4,112
Other Long-Term Liabilities	2,293	2,434	2,288	2,186	2,216
Total Long-Term Liabilities	4,189	4,807	5,173	5,717	6,328
Total Liabilities	23,769	23,473	22,132	20,883	21,924
Common Stock	2,490	2,509	2,499	2,499	2,499
Accumulated Other Comprehensive Income	7,070	6,481	5,301	4,684	3,929
Total Common Shareholders' Equity	9,560	8,990	7,800	7,183	6,428
Minority Interest	1,180	1,210	761	516	27
Shareholders' Equity	10,740	10,200	8,561	7,699	6,455
Total Liabilities & Equity	34,509	33,673	30,693	28,582	28,379
Total Debt	4,489	4,700	4,929	4,613	5,670
Net Cash (Debt)	-1,251	-2,144	-2,522	-3,102	-3,191
Net Cash Per Share	-2.17	-3.72	-4.38	-5.39	-5.55
Book Value	9,560	8,990	7,800	7,183	6,428
Book Value Per Share	16.58	15.61	13.56	12.49	11.17
Tangible Book Value	1,014	262	235	-227	-651
Tangible Book Value Per Share	1.76	0.46	0.41	-0.39	-1.13

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.