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Financial statements

COMPASS Pathways plc financial statements

Income statement, balance sheet and cash flow statement for the last 7 fiscal years, taken from the XBRL data COMPASS Pathways plc files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2020FY2020FY2021FY2022FY2023FY2024FY2025
Research and development12.623.44465.187.5119118
General and administrative8.622839.245.449.459.260.6
Operating expenses21.251.483.2110137178179
Operating income-21.2-51.4-83.2-110-137-178-179
Interest expense002.24.484.52
Interest income4.628.277.18
Other non-operating income1.58-8.9111.719.319.224.7-111
Pre-tax income-19.6-60.3-71.5-91.1-118-154-290
Income tax0.020.030.20.410.781.59-2.47
Net income-19.6-60.3-71.7-91.5-118-155-288
EBITDA-21.1-51.3-83-110-137-178-179
EPS, basic-2.62-3.55-1.79-2.16-2.32-2.30-3.08
EPS, diluted-2.62-3.55-1.79-2.16-2.32-2.30-3.08
Shares, basic (weighted)7.48174042.45167.593.5
Shares, diluted (weighted)7.48174042.45167.593.5

Balance sheet

FY2020FY2020FY2021FY2022FY2023FY2024FY2025
Cash and equivalents25190273143220165150
Other current assets0.740.511.371.041.93.585.58
Total current assets32.2202295192261201191
Property, plant and equipment0.220.250.40.620.420.19
Lease right-of-use assets3.72.014.312.013.42
Other non-current assets00.060.211.417.056.611.7
Total assets32.4203301197276214210
Accounts payable1.262.752.564.765.8912.315.2
Accrued liabilities0.681.695.025.537.077.915.45
Short-term debt05.5117.5
Total current liabilities23.96.915.115.619.634248
Long-term debt28.824.714.1
Lease liabilities1.380.421.880.31.29
Total liabilities23.96.916.51650.259263
Total debt028.830.231.6
Paid-in capital7.16279445459622705784
Retained earnings-37.6-97.9-170-261-380-535-823
Other comprehensive income-0.114.68.84-16.9-16.9-16.2-14.8
Shareholders' equity-30.4197284181226155-52.8
Total equity-30.4197284181226155-52.8
Total liabilities and equity32.4203301197276214210
Shares outstanding61.968.696.1

Cash flow statement

FY2020FY2020FY2021FY2022FY2023FY2024FY2025
Net income-19.6-60.3-71.7-91.5-118-155-288
Depreciation and amortization0.060.110.180.330.240.230.22
Stock-based compensation3.25188.6413.117.319.513.6
Deferred income tax0-0.22-0.55-1.46-1.11-0.440.02
Change in payables0.581.3-0.162.50.866.592.03
Cash from operations-17.8-41.4-67.7-105-97.4-119-157
Capital expenditures-0.17-0.13-0.33-0.6-0.070
Purchases of investments0-0.500
Cash from investing-0.17-0.63-0.33-0.6-0.060
Debt issued0029.60
Stock issued001550.4414526.2140
Cash from financing18.41941571.0417463.8141
Exchange rate effect1.6813.2-5.58-250.870.191.05
Net change in cash2.0816583-13077.3-55.2-15.5
Free cash flow-18-41.5-68.1-106-97.4-119
Interest paid001.253.073.05
Income taxes paid2.441.120.76

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $13.06 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Return on equity (ROE)-466.3%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-78.1%Net income / average total assets.

Growth

MetricValueHow it is calculated
Book value growth, 1y-134.2%Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y-1.6%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y2.2%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y0.7%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y38.6%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y30.1%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y40.6%Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio1.30xCurrent assets / current liabilities.
Quick ratio1.18x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio1.18x(Cash + short-term investments) / current liabilities.
Debt / equity0.60xTotal debt / shareholders' equity. Not shown when equity is negative.
Debt / assets10.1%Total debt / total assets.
Liabilities / assets83.2%Total liabilities / total assets.
Net debt-$382.6MTotal debt - cash - short-term investments. Negative means more cash than debt.
Interest coverage-35.0xOperating income / interest expense.
Working capital$108.4MCurrent assets - current liabilities.
Tangible book value$84.5MShareholders' equity - goodwill - intangible assets.

Per share

MetricValueHow it is calculated
EPS, diluted-$2.92Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Operating cash flow per share-$1.19Cash from operations / diluted weighted shares.
Book value per share$0.62Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$0.62Tangible book value / shares outstanding.
Cash per share$3.19(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$1.81BShare price x shares outstanding.
Enterprise value$1.43BMarket cap + total debt - cash - short-term investments.
P/B21.4xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book21.4xMarket cap / tangible book value, when positive.
Earnings yield-21.8%Net income / market cap (the inverse of P/E).
Was COMPASS Pathways plc profitable in fiscal 2025?

No. It reported a net loss of $287.9M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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