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Financial statements

NIQ Global Intelligence plc financial statements

Income statement, balance sheet and cash flow statement for the last 3 fiscal years, taken from the XBRL data NIQ Global Intelligence 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

FY2023FY2025FY2025
Revenue3,3413,9734,198
Cost of revenue1,5121,7721,862
Gross profit1,8302,2012,336
Selling, general and administrative1,4491,6011,598
Selling and marketing222321.4
Operating income-109-99.885.4
Other non-operating income0.5-1.7-1.6
Pre-tax income-513-691-210
Income tax51.8114136
Income from continuing operations-568-811-353
Net income to minority interests3.86.38
Net income-577-798-353
EBITDA352497718
EPS, basic-2.35-3.26-1.32
EPS, diluted-2.35-3.26-1.32
Shares, basic (weighted)245245267
Shares, diluted (weighted)245245267

Balance sheet

FY2023FY2025FY2025
Cash and equivalents283266519
Receivables645696
Other current assets17.510.4
Total current assets1,1941,450
Property, plant and equipment208208
Lease right-of-use assets180204
Goodwill2,3662,2102,432
Intangible assets2,2882,191
Other non-current assets272289
Total assets6,3736,802
Accounts payable217224
Accrued liabilities605632
Deferred revenue273262
Short-term debt121108
Total current liabilities1,3661,403
Long-term debt3,9603,503
Lease liabilities197206
Other non-current liabilities252342
Total liabilities6,0745,576
Total debt4,1353,651
Paid-in capital1,9463,222
Retained earnings-1,849-2,202
Other comprehensive income-37.7-32
Shareholders' equity59.7988
Minority interests239237
Total equity1,2172991,226
Total liabilities and equity6,3736,802
Shares outstanding245295

Cash flow statement

FY2023FY2025FY2025
Net income-574-792-345
Depreciation and amortization461597633
Stock-based compensation4.34.761.1
Deferred income tax-38.7-35.6-6.1
Change in receivables-5.2-60.2-18.5
Change in payables-63.798.5-27.9
Cash from operations-11.873.9299
Capital expenditures-24.2-35.4-34.7
Acquisitions-1,42820.2-26.7
Cash from investing-1,7049.6-236
Debt issued2,8221,1381,035
Debt repaid-822-1,180-1,800
Cash from financing1,904-65.3177
Net change in cash155-14.9253
Free cash flow-3638.5264
Interest paid279411299
Income taxes paid109118132

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 $17.83 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin55.4%Gross profit / revenue.
Operating margin1.9%Operating income / revenue.
EBITDA margin16.5%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin-4.4%Pre-tax income / revenue.
Net margin-8.0%Net income / revenue.
FCF margin11.5%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin12.2%Cash from operations / revenue.
Return on equity (ROE)-38.7%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-5.2%Net income / average total assets.
Return on invested capital (ROIC)1.7%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%.
SG&A / revenue36.9%Selling, general and administrative expense / revenue.
Stock-based pay / revenue1.8%Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue0.7%Capital expenditures / revenue.
D&A / revenue14.5%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y5.7%Revenue vs the same period a year earlier. Only from a positive base.
Gross profit growth, 1y6.1%Gross profit vs the same period a year earlier. Only from a positive base.
EBITDA growth, 1y44.5%EBITDA vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y304.2%Operating cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow growth, 1y585.7%Free cash flow vs the same period a year earlier. Only from a positive base.
Book value growth, 1y1,556.0%Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y6.7%Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y8.9%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio1.09xCurrent assets / current liabilities.
Quick ratio0.84x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.28x(Cash + short-term investments) / current liabilities.
Debt / equity3.95xTotal debt / shareholders' equity. Not shown when equity is negative.
Debt / assets53.0%Total debt / total assets.
Liabilities / assets83.0%Total liabilities / total assets.
Net debt$3.17BTotal debt - cash - short-term investments. Negative means more cash than debt.
Net debt / EBITDA4.38xNet debt / EBITDA (twelve months), when EBITDA is positive.
Working capital$129.7MCurrent assets - current liabilities.
Goodwill and intangibles / assets65.3%(Goodwill + intangible assets) / total assets.
Tangible book value-$3.51BShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.65xRevenue / average total assets.
Fixed asset turnover24.4xRevenue / average property, plant and equipment.
Receivables turnover5.15xRevenue / average receivables.
Days sales outstanding71 days365 x average receivables / revenue.
Days payables37 days365 x average accounts payable / cost of revenue.
Capex / operating cash flow5.8%Capital expenditures / cash from operations, when that is positive.

Per share

MetricValueHow it is calculated
EPS, diluted-$1.19Net 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$14.87Revenue / diluted weighted shares.
FCF per share$1.72Free cash flow / diluted weighted shares.
Operating cash flow per share$1.82Cash from operations / diluted weighted shares.
Book value per share$3.08Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share-$11.90Tangible book value / shares outstanding.
Cash per share$1.41(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$5.26BShare price x shares outstanding.
Enterprise value$8.43BMarket cap + total debt - cash - short-term investments.
P/S1.20xMarket cap / revenue.
P/B5.80xMarket cap / shareholders' equity. Only when equity is positive.
P/FCF10.4xMarket cap / free cash flow. Only when free cash flow is positive.
P/OCF9.79xMarket cap / cash from operations, when positive.
EV/Sales1.92xEnterprise value / revenue.
EV/EBIT98.7xEnterprise value / operating income, when both are positive.
EV/EBITDA11.6xEnterprise value / EBITDA, when both are positive.
EV/FCF16.6xEnterprise value / free cash flow, when both are positive.
FCF yield9.6%Free cash flow / market cap.
Earnings yield-6.7%Net income / market cap (the inverse of P/E).
What was NIQ Global Intelligence plc's revenue in fiscal 2025?

NIQ Global Intelligence plc reported revenue of $4.20B for fiscal 2025, 5.7% higher than the year before.

Was NIQ Global Intelligence plc profitable in fiscal 2025?

No. It reported a net loss of $353.3M.

How much free cash flow did NIQ Global Intelligence plc generate in fiscal 2025?

Cash from operations of $298.7M minus capital expenditures of $34.7M left free cash flow of $264.0M.

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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