Constellation Software Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	2,770	1,980	1,284	811	763	758
Trading Asset Securities	34	14	14	115	39	9
Cash & Short-Term Investments	2,804	1,994	1,298	926	802	767
Cash Growth	34.48%	53.62%	40.17%	15.46%	4.56%	135.28%
Accounts Receivable	1,784	1,661	1,463	1,111	740	581
Other Receivables	315	264	249	159	102	94
Receivables	2,099	1,925	1,712	1,270	842	675
Inventory	74	56	51	48	35	27
Prepaid Expenses	390	319	278	223	155	116
Other Current Assets	120	-	-	-	1	-
Total Current Assets	5,786	4,294	3,339	2,467	1,835	1,585
Property, Plant & Equipment	619	544	445	404	334	334
Long-Term Investments	258	14	10	3	2	2
Goodwill	-	1,462	1,263	792	610	431
Other Intangible Assets	8,045	6,015	5,421	3,877	2,822	1,897
Long-Term Accounts Receivable	207	203	192	98	39	21
Long-Term Deferred Tax Assets	288	219	108	159	66	52
Long-Term Deferred Charges	104	91	71	55	46	40
Other Long-Term Assets	19	21	13	17	12	13
Total Assets	15,326	12,863	10,862	7,872	5,766	4,375
Accounts Payable	1,714	1,589	1,427	1,083	832	666
Short-Term Debt	457	226	-	-	-	-
Current Portion of Long-Term Debt	686	396	1,086	821	203	141
Current Portion of Leases	136	115	112	96	79	74
Current Income Taxes Payable	142	111	89	99	56	78
Current Unearned Revenue	2,304	1,967	1,757	1,482	1,158	962
Other Current Liabilities	257	268	1,012	191	133	119
Total Current Liabilities	5,696	4,672	5,483	3,772	2,461	2,040
Long-Term Debt	3,872	3,544	2,248	1,153	915	620
Long-Term Leases	291	252	236	218	190	201
Long-Term Unearned Revenue	114	89	88	100	52	44
Long-Term Deferred Tax Liabilities	785	673	604	465	436	285
Other Long-Term Liabilities	465	346	242	231	192	137
Total Liabilities	11,223	9,576	8,901	5,939	4,246	3,327
Common Stock	99	99	99	99	99	99
Retained Earnings	3,258	2,919	1,876	1,763	1,206	980
Comprehensive Income & Other	112	-224	-99	-150	-245	-31
Total Common Equity	3,469	2,794	1,876	1,712	1,060	1,048
Minority Interest	634	493	85	221	460	-
Shareholders' Equity	4,103	3,287	1,961	1,933	1,520	1,048
Total Liabilities & Equity	15,326	12,863	10,862	7,872	5,766	4,375
Total Debt	5,442	4,533	3,682	2,288	1,387	1,036
Net Cash (Debt)	-2,638	-2,539	-2,384	-1,362	-585	-269
Net Cash Per Share	-124.48	-119.81	-112.50	-64.27	-27.61	-12.69
Filing Date Shares Outstanding	21.19	21.19	21.19	21.19	21.19	21.19
Total Common Shares Outstanding	21.19	21.19	21.19	21.19	21.19	21.19
Working Capital	90	-378	-2,144	-1,305	-626	-455
Book Value Per Share	163.70	131.85	88.53	80.79	50.02	49.45
Tangible Book Value	-4,576	-4,683	-4,808	-2,957	-2,372	-1,280
Tangible Book Value Per Share	-215.94	-220.98	-226.88	-139.54	-111.93	-60.40
Buildings	-	7	8	7	7	8
Machinery	-	382	261	217	168	143
Leasehold Improvements	-	70	63	56	47	43

Source: S&P Global Market Intelligence. Standard template. Financial Sources.