Hensoldt AG Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	589	933	733	802	460	529
Short-Term Investments	3	1	1	1	2	2
Cash & Short-Term Investments	592	934	734	803	462	531
Cash Growth	81.59%	27.25%	-8.59%	73.81%	-12.99%	-19.28%
Accounts Receivable	936	861	812	578	505	479
Other Receivables	125	94	48	38	11	3
Receivables	1,061	955	860	631	525	485
Inventory	1,073	878	719	625	516	444
Other Current Assets	129	98	94	96	141	169
Total Current Assets	2,855	2,865	2,407	2,155	1,644	1,629
Property, Plant & Equipment	747	655	451	329	261	249
Long-Term Investments	114	48	28	26	23	22
Goodwill	1,184	1,117	1,115	658	658	658
Other Intangible Assets	756	275	321	116	152	185
Long-Term Accounts Receivable	-	2	5	-	-	-
Long-Term Deferred Tax Assets	1	1	1	9	6	11
Long-Term Deferred Charges	-	360	311	276	229	195
Other Long-Term Assets	43	103	57	10	6	7
Total Assets	5,700	5,427	4,696	3,579	2,979	2,956

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	584	591	546	457	379	269
Accrued Expenses	153	259	130	120	90	85
Short-Term Debt	-	1	1	2	-	6
Current Portion of Long-Term Debt	20	20	22	23	12	166
Current Portion of Leases	44	35	25	20	18	16
Current Income Taxes Payable	29	32	33	39	19	11
Current Unearned Revenue	1,408	1,146	776	578	488	500
Other Current Liabilities	355	250	350	231	197	202
Total Current Liabilities	2,593	2,334	1,883	1,470	1,203	1,255
Long-Term Debt	1,169	1,163	1,072	621	619	622
Long-Term Leases	457	416	256	191	140	139
Long-Term Unearned Revenue	20	34	31	-	11	12
Pension & Post-Retirement Benefits	-	194	-	-	-	-
Long-Term Deferred Tax Liabilities	169	166	123	79	94	4
Other Long-Term Liabilities	314	118	445	380	295	507
Total Liabilities	4,722	4,425	3,810	2,741	2,362	2,539

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Common Stock	116	116	116	116	105	105
Retained Earnings	239	309	245	62	-55	-171
Comprehensive Income & Other	613	566	511	644	554	472
Total Common Equity	968	991	872	822	604	406
Minority Interest	10	11	14	16	13	11
Shareholders' Equity	978	1,002	886	838	617	417
Total Liabilities & Equity	5,700	5,427	4,696	3,579	2,979	2,956

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	1,690	1,635	1,376	857	789	949
Net Cash (Debt)	-1,098	-701	-642	-54	-327	-418
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-9.24	-6.04	-5.53	-0.51	-3.11	-3.98
Filing Date Shares Outstanding	125.69	115.5	115.5	115.5	105	105
Total Common Shares Outstanding	125.69	115.5	115.5	115.5	105	105
Working Capital	262	531	524	685	441	374
Book Value Per Share	7.70	8.58	7.55	7.12	5.75	3.87
Tangible Book Value	-972	-401	-564	48	-206	-437
Tangible Book Value Per Share	-7.73	-3.47	-4.88	0.42	-1.96	-4.16
Land	-	30	28	19	17	16
Machinery	-	313	263	225	195	174
Construction In Progress	-	93	79	38	29	18
Order Backlog	-	8,833	6,644	5,530	5,366	5,092