Kodiak AI Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	50.76	16.71	27.76
Short-Term Investments	69.91	-	-
Cash & Short-Term Investments	120.67	16.71	27.76
Cash Growth	622.18%	-39.80%	-
Accounts Receivable	0.88	1.28	0.24
Other Receivables	-	0.65	0.9
Receivables	0.88	1.93	1.14
Prepaid Expenses	4.46	1.61	0.98
Other Current Assets	-	-	1.03
Total Current Assets	126.01	20.25	30.9
Property, Plant & Equipment	31.81	13.84	13.67
Other Long-Term Assets	1.58	1.47	1.73
Total Assets	159.41	35.56	46.29
Accounts Payable	1.46	1.37	1.82
Accrued Expenses	11.35	10.26	4.43
Short-Term Debt	10.87	-	-
Current Portion of Long-Term Debt	1.07	16.79	5.19
Current Portion of Leases	1.92	1.64	1.59
Current Unearned Revenue	-	-	1.14
Other Current Liabilities	-	1.16	0.7
Total Current Liabilities	26.66	31.22	14.88
Long-Term Debt	29.88	17.57	31.01
Long-Term Leases	3.58	5.72	4.54
Other Long-Term Liabilities	159.15	59.61	10.27
Total Liabilities	219.27	114.13	60.7
Common Stock	0.02	-	-
Additional Paid-In Capital	570.58	17.31	11.59
Retained Earnings	-853.67	-268.14	-198.69
Comprehensive Income & Other	0.02	-	-
Total Common Equity	-283.05	-250.84	-187.1
Shareholders' Equity	-59.87	-78.57	-14.41
Total Liabilities & Equity	159.41	35.56	46.29
Total Debt	47.32	41.73	42.33
Net Cash (Debt)	73.35	-25.02	-14.58
Net Cash Per Share	0.80	-0.28	-0.17
Filing Date Shares Outstanding	175.44	90.19	87.46
Total Common Shares Outstanding	175.44	87.65	87.46
Working Capital	99.35	-10.97	16.02
Book Value Per Share	-1.61	-2.86	-2.14
Tangible Book Value	-283.05	-250.84	-187.1
Tangible Book Value Per Share	-1.61	-2.86	-2.14
Machinery	-	8.86	6.84
Construction In Progress	-	0.98	-
Leasehold Improvements	-	7.26	7.21

Updated Mar 10, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q