Ionics, Inc. (PSE:ION)

Ionics Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	6.8	8.58	9.65	6.76	16.94	14.58
Cash & Short-Term Investments	6.8	8.58	9.65	6.76	16.94	14.58
Cash Growth	-11.03%	-11.15%	42.68%	-60.06%	16.18%	-21.04%
Accounts Receivable	38.59	34.08	26.09	25.24	20.96	17.29
Other Receivables	0.92	0.68	0.13	0.46	0.18	0.36
Receivables	39.51	34.75	26.22	25.7	21.13	17.66
Inventory	42.68	33.46	36.42	37.14	39.24	25.26
Prepaid Expenses	0.72	0.74	0.61	0.97	0.78	0.42
Other Current Assets	0.28	0.33	0.63	0.14	0.14	0.12
Total Current Assets	89.98	77.86	73.53	70.71	78.22	58.03
Property, Plant & Equipment	39.98	39.47	39.99	47	39.38	39.56
Long-Term Investments	3.3	3.28	3.41	3.66	2.44	2.84
Long-Term Deferred Tax Assets	-	0	0.02	0.02	0.04	0.05
Other Long-Term Assets	0.41	0.47	0.55	0.59	0.58	0.45
Total Assets	133.68	121.08	117.5	121.97	120.66	100.93

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	29.12	18.24	12.19	14.86	19.9	11.72
Accrued Expenses	4.56	3.64	3.83	3.7	3.04	2.97
Short-Term Debt	8.19	8	13	13	18	11
Current Portion of Long-Term Debt	1.08	1.48	2.6	2.36	0.58	0.87
Current Portion of Leases	0.46	0.48	0.64	0.75	0.87	1.13
Current Income Taxes Payable	0.2	0.13	0.2	0.14	0.21	0.11
Current Unearned Revenue	5.04	5.65	5.12	6.35	1.58	1.11
Other Current Liabilities	3.34	2.33	1.46	1.58	2.24	2.59
Total Current Liabilities	51.98	39.95	39.04	42.75	46.41	31.5
Long-Term Debt	5.01	5.77	5.78	8.39	7.42	7.21
Long-Term Leases	0.34	0.6	0.47	1.29	1.99	1.49
Long-Term Unearned Revenue	0.72	0.73	0.67	0.69	0.72	0.81
Pension & Post-Retirement Benefits	3.83	3.91	3.5	3.43	2.71	2.95
Long-Term Deferred Tax Liabilities	0.27	0.24	0.22	0.23	0.06	0.12
Other Long-Term Liabilities	0.38	0.36	0.64	0.61	0.61	0.48
Total Liabilities	62.54	51.56	50.32	57.4	59.9	44.56

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	17.63	17.63	17.63	17.63	17.63	17.63
Additional Paid-In Capital	9.07	9.07	9.07	9.07	9.07	9.07
Retained Earnings	47.54	45.96	43.48	40.47	37.43	32.98
Treasury Stock	-1.37	-1.37	-1.37	-1.37	-1.37	-1.37
Comprehensive Income & Other	-2.52	-2.5	-2.26	-1.79	-2.49	-2.34
Total Common Equity	70.36	68.81	66.57	64.03	60.28	55.98
Minority Interest	0.78	0.72	0.62	0.55	0.48	0.39
Shareholders' Equity	71.14	69.52	67.19	64.58	60.76	56.37
Total Liabilities & Equity	133.68	121.08	117.5	121.97	120.66	100.93

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	15.08	16.33	22.49	25.79	28.85	21.7
Net Cash (Debt)	-8.28	-7.76	-12.84	-19.03	-11.91	-7.12
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.01	-0.01	-0.02	-0.02	-0.01	-0.01
Filing Date Shares Outstanding	837.13	837.13	837.13	837.13	837.13	837.13
Total Common Shares Outstanding	837.13	837.13	837.13	837.13	837.13	837.13
Working Capital	38.01	37.91	34.49	27.97	31.81	26.53
Book Value Per Share	0.08	0.08	0.08	0.08	0.07	0.07
Tangible Book Value	70.36	68.81	66.57	64.03	60.28	55.98
Tangible Book Value Per Share	0.08	0.08	0.08	0.08	0.07	0.07
Land	9.88	9.88	9.88	9.81	4.31	4.31
Buildings	41.17	29.38	28.26	30.34	29.51	29.08
Machinery	53.82	64.86	64.17	67.81	59.13	55.37
Construction In Progress	3.61	2.76	-	-	-	-

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 26, 2026

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