Q2 Holdings 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	FY 2022	FY 2021
Period Ending	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	367.63	358.56	229.66	199.6	322.85
Cash & Short-Term Investments	367.63	358.56	229.66	199.6	322.85
Cash Growth	2.53%	56.13%	15.06%	-38.17%	-20.81%
Accounts Receivable	51.72	42.08	42.9	46.74	46.98
Other Receivables	8.6	7.89	9.19	8.91	1.85
Total Trade Receivables	60.31	49.97	52.09	55.64	48.82
Other Current Assets	128.11	150.13	146.22	275.83	150.78
Total Current Assets	556.05	558.66	427.96	531.08	522.45
Net Property, Plant & Equipment	54.97	61.93	76.63	96.53	118.89
Other Intangible Assets	78.38	94.63	121.57	145.68	162.46
Goodwill	512.87	512.87	512.87	512.87	512.87
Other Long-Term Assets	74.01	66.7	62.39	63.57	68.38
Total Assets	1,276	1,295	1,201	1,350	1,385
Accounts Payable	20.47	9.35	19.35	10.06	10.6
Accrued Expenses	56.33	51.19	43.05	44.21	50.07
Current Portion of Long-Term Debt	303.37	-	-	10.9	-
Current Portion of Leases	8.92	137.7	10.44	9.41	9
Unearned Revenue	155	190.33	118.72	117.47	98.69
Total Current Liabilities	544.09	10.33	191.56	192.04	168.36
Long-Term Debt	-	398.9	490.46	657.79	551.6
Long-Term Leases	33.83	27.28	45.59	52.99	61.37
Other Long-Term Liabilities	36.55	340.46	25.33	27.88	33.42
Total Long-Term Liabilities	70.38	766.64	561.38	738.66	646.39
Total Liabilities	614.47	10.36	752.95	930.7	814.75
Common Stock	0.01	0.01	0.01	0.01	0.01
Additional Paid-in Capital	1,276	1,184	1,075	982.3	1,064
Accumulated Other Comprehensive Income	-1.95	-1.87	-1.11	-2.97	-0.14
Retained Earnings	-612.22	-664.23	-625.69	-560.31	-493.93
Shareholders' Equity	661.81	517.8	448.48	419.02	570.3
Total Liabilities & Equity	1,276	1,295	1,201	1,350	1,385
Total Debt	346.12	563.88	546.49	731.09	621.97
Net Cash (Debt)	21.52	-205.32	-316.83	-531.49	-299.13
Net Cash Per Share	0.33	-3.42	-5.43	-9.28	-5.30
Book Value	661.81	517.8	448.48	419.02	570.3
Book Value Per Share	10.16	8.61	7.69	7.31	10.11
Tangible Book Value	70.57	-89.71	-185.96	-239.53	-105.03
Tangible Book Value Per Share	1.08	-1.49	-3.19	-4.18	-1.86

Updated Feb 11, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q