Earnings Releases·Nov 12, 2026, 4:21 PM ET

Innventure — Third Quarter 2026 Earnings Summary

Revenue grew to $1.481 million for the three months ended September 30, 2026, from $534,000 in the prior year period, while the nine-month total reached $3.877 million compared to $1.234 million; however, net loss widened to $333.838 million for the quarter (vs. $34.735 million) and narrowed to $396.535 million for the nine months (vs. $429.684 million), primarily due to a $323.463 million goodwill impairment.
The company is executing a strategic pivot to concentrate resources on Accelsius while transitioning AeroFlexx and Refinity away from Innventure capital, including a headcount reduction from 40 to 15 and the potential wind-down of the latter two segments if additional funding is unavailable.
Liquidity remains constrained with cash and cash equivalents declining to $21.952 million as of September 30, 2026, from $60.449 million at year-end 2025, though the company raised $51.819 million in net equity proceeds during the nine-month period.
Management is evaluating capital strategies to address near-term liquidity needs and strengthen the financial position, while noting ongoing risks related to shareholder litigation, potential asset impairments, and dilution from future financings.