Financial Statements — CORT
Balance Sheet
(in millions USD)| Metric | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 108.74 | 125.14 | 102.75 | 89.82 | 137.29 | 128.59 | 149.75 | 111.80 | 172.38 | 299.94 | 50.24 | 35.35 | 61.86 | 94.69 | 95.43 | 52.38 |
| Short-term Investments | 229.45 | 296.55 | 239.48 | 232.94 | 243.05 | 344.57 | 261.01 | 243.43 | 190.89 | 165.12 | 346.02 | 334.74 | 283.67 | 266.64 | 274.55 | 320.58 |
| Accounts Receivable | 39.07 | 69.63 | 64.57 | 61.82 | 59.72 | 53.84 | 61.52 | 34.63 | 32.55 | 32.56 | 29.41 | 28.16 | 27.18 | 26.51 | 27.62 | 22.20 |
| Inventory | 12.89 | 12.35 | 12.28 | 14.37 | 8.05 | 8.35 | 7.19 | 7.51 | 6.92 | 6.41 | 6.05 | 5.44 | 5.08 | 4.99 | 4.67 | 4.95 |
| Total Current Assets | 426.03 | 541.13 | 443.11 | 438.50 | 466.98 | 560.85 | 503.37 | 431.53 | 432.59 | 533.89 | 452.40 | 419.05 | 388.22 | 401.90 | 411.27 | 409.62 |
| Property, Plant & Equipment | 3.17 | 2.09 | 2.35 | 2.54 | 2.93 | 1.47 | 0.13 | 0.30 | 0.41 | 0.46 | 0.80 | 0.86 | 0.73 | 1.23 | 1.41 | 1.48 |
| Total Non-current Assets* | 388.85 | 282.48 | 358.61 | 407.95 | 317.28 | 153.71 | 152.57 | 162.50 | 92.04 | 83.96 | 80.85 | 77.32 | 79.90 | 183.50 | 157.21 | 142.77 |
| Total Assets | 814.88 | 823.61 | 801.72 | 846.46 | 784.26 | 714.56 | 655.94 | 594.02 | 524.63 | 617.85 | 533.26 | 496.36 | 468.12 | 585.40 | 568.48 | 552.40 |
| Accounts Payable | 33.31 | 34.45 | 23.53 | 27.95 | 18.58 | 19.48 | 12.56 | 16.71 | 7.98 | 11.22 | 8.18 | 8.25 | 9.27 | 6.56 | 9.22 | 6.97 |
| Total Current Liabilities | 149.19 | 172.27 | 144.66 | 143.07 | 126.22 | 100.75 | 97.20 | 121.87 | 93.06 | 78.86 | 53.07 | 49.06 | 57.24 | 44.76 | 45.40 | 40.60 |
| Total Non-current Liabilities* | 27.71 | 19.44 | 21.27 | 20.10 | 19.21 | 17.56 | 10.87 | 10.47 | 9.95 | 9.40 | 6.82 | 4.98 | 3.07 | 0.41 | 0.40 | 1.00 |
| Total Liabilities | 176.89 | 191.71 | 165.93 | 163.17 | 145.42 | 118.31 | 108.07 | 132.34 | 103.01 | 88.26 | 59.89 | 54.04 | 60.31 | 45.17 | 45.81 | 41.60 |
| Retained Earnings | 611.63 | 619.10 | 599.43 | 564.28 | 512.99 | 465.78 | 430.29 | 371.17 | 339.79 | 312.27 | 279.79 | 245.18 | 217.77 | 162.92 | 132.44 | 105.92 |
| Total Stockholder Equity | 637.99 | 631.90 | 635.79 | 683.29 | 638.84 | 596.24 | 547.86 | 461.68 | 421.61 | 529.58 | 473.36 | 442.33 | 407.81 | 540.23 | 522.67 | 510.80 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Total Revenue | 164.90 | 202.13 | 207.64 | 194.43 | 157.21 | 181.89 | 182.55 | 163.80 | 146.81 | 135.41 | 123.60 | 117.72 | 105.65 | 103.06 | 101.73 | 103.39 | 93.69 | 98.82 | 96.13 | 91.59 |
| Cost of Revenue | 2.88 | 2.55 | 4.60 | 3.43 | 2.40 | 2.96 | 2.87 | 2.52 | 2.54 | 1.88 | 1.65 | 1.57 | 1.39 | 1.48 | 1.34 | 1.32 | 1.25 | 1.35 | 1.27 | 1.38 |
| Gross Profit | 162.02 | 199.58 | 203.04 | 191.00 | 154.81 | 178.93 | 179.68 | 161.27 | 144.27 | 133.53 | 121.96 | 116.14 | 104.27 | 101.58 | 100.39 | 102.07 | 92.44 | 97.47 | 263.23 | 90.20 |
| Research & Development | 66.27 | 64.86 | 68.85 | 60.47 | 60.74 | 70.30 | 59.34 | 58.75 | 58.51 | 54.71 | 45.52 | 43.28 | 40.85 | 36.75 | 33.29 | 32.83 | 28.12 | 28.52 | 28.09 | 28.23 |
| Selling, General & Admin | 145.36 | 130.24 | 123.98 | 103.85 | 90.66 | 83.37 | 73.75 | 66.94 | 56.27 | 47.15 | 45.26 | 43.28 | 48.56 | 42.32 | 35.16 | 37.81 | 37.55 | 32.28 | 30.53 | 30.03 |
| Total Operating Expenses | 211.62 | 195.09 | 192.82 | 164.32 | 151.40 | 153.67 | 133.08 | 125.68 | 114.77 | 101.86 | 90.78 | 86.56 | 89.42 | 79.08 | 68.46 | 70.64 | 65.67 | 60.80 | 175.42 | 58.26 |
| Operating Income | (49.60) | 4.49 | 10.22 | 26.68 | 3.42 | 25.26 | 46.60 | 35.59 | 29.50 | 31.67 | 31.18 | 29.58 | 14.85 | 22.50 | 31.93 | 31.43 | 26.77 | 36.66 | 36.23 | 31.94 |
| Pretax Income | (44.71) | 9.91 | 15.24 | 31.69 | 9.62 | 31.96 | 52.94 | 41.60 | 34.99 | 36.81 | 36.39 | 32.93 | 18.43 | 24.28 | 33.00 | 32.06 | 26.85 | 36.74 | 36.30 | 32.05 |
| Tax Provision | (12.95) | (14.38) | (4.42) | (3.46) | (10.93) | 1.22 | 5.73 | 6.11 | 7.23 | 5.45 | 5.01 | 5.40 | 2.56 | 7.68 | (1.60) | 4.65 | 4.05 | 4.68 | 5.83 | 5.53 |
| Net Income | (31.76) | 24.29 | 19.67 | 35.15 | 20.55 | 30.75 | 47.21 | 35.49 | 27.76 | 31.36 | 31.38 | 27.53 | 15.88 | 16.60 | 34.61 | 27.41 | 22.80 | 32.05 | 30.47 | 26.52 |
| Basic EPS | (0.30) | 0.24 | 0.19 | 0.33 | 0.19 | 0.29 | 0.45 | 0.34 | 0.27 | 0.29 | 0.31 | 0.27 | 0.15 | 0.15 | 0.32 | 0.26 | 0.22 | 0.28 | 0.26 | 0.23 |
| Diluted EPS | (0.30) | 0.20 | 0.16 | 0.29 | 0.17 | 0.25 | 0.41 | 0.32 | 0.25 | 0.27 | 0.28 | 0.25 | 0.14 | 0.13 | 0.30 | 0.24 | 0.20 | 0.26 | 0.24 | 0.21 |
Cash Flow Statement
(in millions USD)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Operating Cash Flow | (16.77) | 38.45 | 54.48 | 43.94 | 5.13 | 59.30 | 73.83 | 41.18 | 23.76 | 5.89 | 52.91 | 42.29 | 25.96 | 33.39 | 33.65 | 18.04 | 35.25 | 49.43 | 48.70 | 44.34 |
| Capital Expenditures | 0.20 | 0.05 | 0.00 | 0.06 | 0.10 | 0.12 | 1.64 | 0.42 | -- | 0.00 | 0.04 | 0.10 | 0.00 | 0.03 | 0.35 | 0.02 | 0.01 | 0.07 | 0.16 | 0.12 |
| Free Cash Flow* | (16.97) | 38.40 | 54.48 | 43.88 | 5.02 | 59.18 | 72.19 | 40.77 | -- | 5.89 | 52.87 | 42.18 | 25.96 | 33.36 | 33.30 | 18.02 | 35.24 | 49.36 | 48.55 | 44.22 |
| Investing Cash Flow | 4.54 | (11.84) | 14.65 | 70.13 | (3.17) | (64.36) | (44.04) | (60.19) | (9.01) | 17.10 | (109.57) | (24.10) | 207.48 | (17.24) | (4.79) | (41.80) | (50.50) | 140.47 | (25.80) | 24.74 |
| Financing Cash Flow | 0.76 | (31.22) | (46.41) | (102.93) | (39.80) | (4.56) | (21.09) | (2.15) | (0.54) | 0.77 | (3.92) | (145.75) | 0.18 | (0.06) | (13.96) | (2.76) | (0.51) | (206.97) | (23.64) | (26.03) |
* Derived from reported values
