10-Q · May 14, 2026
Innventure, Inc. reported substantial improvements in its Q1 2026 financials, with revenues increasing to $1.443 million from $224,000 a year ago. The company posted a net loss of $20.8 million, narrowing from a…
Earnings analysis · 10-Q
INV earnings analysis
Filed August 13, 2026 · Our reading of the company's report
The latest report
Innventure reported Q2 revenue of $953,000 and EPS of $(0.32), while previously communicated Accelsius 2026 revenue and cash-flow targets were suspended without replacement quantitative guidance. Liquidity was supported…
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Innventure reported Q2 revenue of $953,000 and EPS of $(0.32), while previously communicated Accelsius 2026 revenue and cash-flow targets were suspended without replacement quantitative guidance. Liquidity was supported by $13.0 million of quarterly equity proceeds, but six-month operating cash use of $59.466 million remained a significant concern. The removal of the six-deployment, 10-megawatt-per-deployment DarkNX project from internal bookings adds material execution and revenue risk.
Reported figures
- Earnings per share
- $-0.32
What stood out
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Q2 revenue totaled $953,000
Second-quarter revenue was $953,000. The filing does not provide sufficient comparative figures here to quantify the quarter-over-quarter or year-over-year change.
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Equity financing added $13.0 million
The company issued 2,097,552 common shares to Yorkville during the quarter at a weighted-average effective price of $6.21 per share, generating $13.0 million of cash proceeds.
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Disclosure controls remained effective
Management concluded that disclosure controls and procedures were effective as of June 30, 2026, and reported no material changes in internal control over financial reporting during the quarter.
What to watch
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DarkNX project removed from bookings
Accelsius removed the DarkNX project from internal bookings after learning that the identified deployment site was unavailable. The purchase order covered six 10-megawatt deployments, pending an alternative site and other conditions.
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Significant operating cash burn
Operating cash use was $59.466 million for the six months ended June 30, 2026, indicating substantial cash burn relative to the company’s operating scale.
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Continued equity dilution
The company issued 2,097,552 shares during the quarter for $13.0 million of proceeds, creating further equity dilution while funding liquidity needs.
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Quarterly loss of $0.32 per share
Reported EPS was a loss of $0.32 per share for the quarter, underscoring continued earnings losses.
Management's outlook
Previously communicated Accelsius 2026 revenue and cash-flow targets were suspended, with no replacement quantitative guidance provided.
Earlier filings 1
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.