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Financial statements

Compass, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 7 fiscal years, taken from the XBRL data Compass, Inc. 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

FY2019FY2021FY2021FY2022FY2023FY2024FY2025
Revenue2,3863,7216,4216,0184,8855,6296,962
Research and development131146365360185189246
General and administrative92.4106289208126165144
Operating expenses2,7883,9946,9146,6075,2005,7847,025
Operating income-402-273-493-589-315-155-63.4
Interest expense0.62.43.610.86.49
Pre-tax income-389-272-497-602-322-155-59.6
Income tax-0.9-1.7-2.5-0.9-0.4-0.5-1.1
Net income to minority interests0001.2-0.1-0.2
Net income-388-270-494-602-321-154-58.5
EBITDA-361-222-429-503-225-72.449.3
EPS, basic-3.64-2.46-1.51-1.40-0.69-0.31-0.10
EPS, diluted-3.64-2.46-1.51-1.40-0.69-0.31-0.10
Shares, basic (weighted)107110326428467502562
Shares, diluted (weighted)107110326428467502562

Balance sheet

FY2019FY2021FY2021FY2022FY2023FY2024FY2025
Cash and equivalents492440618362167224199
Receivables54.848.536.636.648.657
Other current assets54.994.976.554.533.261
Total current assets599795518282330317
Property, plant and equipment142157193152126114
Lease right-of-use assets427485483409390381
Goodwill81.4120188198210234479
Intangible assets45.612799.377.673.8193
Other non-current assets32.148.441.830.725.456
Total assets1,3651,8011,5331,1601,1781,540
Accounts payable36.634.628.118.41312
Accrued liabilities46.567.450.443.351.165
Total current liabilities282437518293353367
Long-term debt0
Lease liabilities436483487410381354
Other non-current liabilities23.532.98.425.631.932
Total liabilities7419531,012728766753
Total debt0
Paid-in capital2382,4392,7142,9473,0823,513
Retained earnings-1,101-1,595-2,197-2,518-2,672-2,731
Other comprehensive income0
Shareholders' equity-682-863844517429409782
Minority interests03.83.63.335
Total equity-682-863848521432413787
Total liabilities and equity1,3651,8011,5331,1601,1781,540
Shares outstanding123409438485513563

Cash flow statement

FY2019FY2021FY2021FY2022FY2023FY2024FY2025
Net income-388-270-494-602-320-155-58.7
Depreciation and amortization40.951.264.486.39082.4113
Stock-based compensation37.443.2386235158128203
Deferred income tax0.9-1.1-3.7-4-0.8-1.2-2.8
Change in receivables-18.2-16.38.56.5-3.5-87.1
Cash from operations-377-58.1-28.6-292-25.9122217
Capital expenditures-74.1-43.3-50.1-70.1-11.2-15.7-13.4
Acquisitions-38.2-25.6-137-150.7-18.9-174
Purchases of investments-70.7
Sales and maturities of investments57355.500
Cash from investing390-13.4-193-100-11.7-36.6-191
Stock issued7.615.926.994.59.517.8
Cash from financing35019.9399135-157-28-50.2
Net change in cash363-51.6178-256-19556.9-24.8
Free cash flow-451-101-78.7-362-37.1106203
Interest paid0.21.32.393.45.6
Income taxes paid1.8

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 $9.38 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Operating margin-2.6%Operating income / revenue.
EBITDA margin0.9%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin-3.3%Pre-tax income / revenue.
Net margin0.6%Net income / revenue.
FCF margin1.2%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin1.5%Cash from operations / revenue.
Return on equity (ROE)2.3%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)0.8%Net income / average total assets.
Return on invested capital (ROIC)-4.0%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
Stock-based pay / revenue2.5%Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue0.3%Capital expenditures / revenue.
D&A / revenue3.5%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y23.7%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y5.0%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y13.3%Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y78.4%Operating cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow growth, 1y92.2%Free cash flow vs the same period a year earlier. Only from a positive base.
Book value growth, 1y91.0%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y14.8%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y30.7%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y0.1%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y2.4%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y12.1%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y9.5%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, 5y38.6%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 ratio1.06xCurrent assets / current liabilities.
Quick ratio0.72x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.53x(Cash + short-term investments) / current liabilities.
Debt / equity1.05xTotal debt / shareholders' equity. Not shown when equity is negative.
Debt / assets37.7%Total debt / total assets.
Liabilities / assets64.2%Total liabilities / total assets.
Net debt$2.45BTotal debt - cash - short-term investments. Negative means more cash than debt.
Net debt / EBITDA25.7xNet debt / EBITDA (twelve months), when EBITDA is positive.
Interest coverage-3.36xOperating income / interest expense.
Working capital$82.0MCurrent assets - current liabilities.
Goodwill and intangibles / assets66.4%(Goodwill + intangible assets) / total assets.
Tangible book value-$2.55BShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover1.27xRevenue / average total assets.
Fixed asset turnover47.5xRevenue / average property, plant and equipment.
Receivables turnover44.2xRevenue / average receivables.
Days sales outstanding8 days365 x average receivables / revenue.
FCF conversion190.1%Free cash flow / net income, when net income is positive.
Capex / operating cash flow17.1%Capital expenditures / cash from operations, when that is positive.

Per share

MetricValueHow it is calculated
EPS, diluted$0.08Net 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.
Revenue per share$12.53Revenue / diluted weighted shares.
FCF per share$0.15Free cash flow / diluted weighted shares.
Operating cash flow per share$0.18Cash from operations / diluted weighted shares.
Book value per share$3.95Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share-$3.39Tangible book value / shares outstanding.
Cash per share$0.92(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$7.11BShare price x shares outstanding.
Enterprise value$9.55BMarket cap + total debt - cash - short-term investments.
P/E105xMarket cap / net income. Only when net income is positive.
P/S0.67xMarket cap / revenue.
P/B2.39xMarket cap / shareholders' equity. Only when equity is positive.
P/FCF55.4xMarket cap / free cash flow. Only when free cash flow is positive.
P/OCF45.9xMarket cap / cash from operations, when positive.
EV/Sales0.90xEnterprise value / revenue.
EV/EBITDA100xEnterprise value / EBITDA, when both are positive.
EV/FCF74.4xEnterprise value / free cash flow, when both are positive.
FCF yield1.8%Free cash flow / market cap.
Earnings yield0.9%Net income / market cap (the inverse of P/E).
What was Compass, Inc.'s revenue in fiscal 2025?

Compass, Inc. reported revenue of $6.96B for fiscal 2025, 23.7% higher than the year before.

Was Compass, Inc. profitable in fiscal 2025?

No. It reported a net loss of $58.5M.

How much free cash flow did Compass, Inc. generate in fiscal 2025?

Cash from operations of $216.7M minus capital expenditures of $13.4M left free cash flow of $203.3M.

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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