Leonardo S.p.a. Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 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	4,397	7,592	7,724	7,321	6,990	6,951
Other Receivables	-	329	458	527	441	766
Total Trade Receivables	4,397	7,921	8,182	7,848	7,431	7,717
Inventory	1,152	7,028	6,520	5,693	5,338	5,486
Other Current Assets	-	892	656	-	-	-
Total Current Assets	5,549	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	5,549	34,509	33,673	30,693	28,582	28,379
Accounts Payable	-3,682	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	-1,118	3,334	3,070	2,914	3,015	2,724
Total Current Liabilities	-4,800	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	2,335	4,189	4,807	5,173	5,717	6,328
Total Liabilities	-2,465	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	9,771	9,560	8,990	7,800	7,183	6,428
Minority Interest	1,191	1,180	1,210	761	516	27
Shareholders' Equity	10,962	10,740	10,200	8,561	7,699	6,455
Total Liabilities & Equity	8,497	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	9,771	9,560	8,990	7,800	7,183	6,428
Book Value Per Share	16.94	16.57	15.61	13.56	12.49	11.17
Tangible Book Value	9,771	1,014	262	235	-227	-651
Tangible Book Value Per Share	16.94	1.76	0.46	0.41	-0.39	-1.13