Highlights

  • Second quarter Revenue was USD 953 thousand against USD 476 thousand.
  • The net loss was USD 34,914 thousand against USD 141,275 thousand.
  • Cash and cash equivalents were USD 41,543 thousand at June 30, 2026.
  • The filing states substantial doubt about continuing as a going concern.

Innventure, Inc. (NASDAQ:INV) shares were trading near their all-time low at USD 0.1304 on November 6, 2026, down 17.31% on the day. The company reported second quarter revenue of USD 953 thousand and a net loss of USD 34,914 thousand, or USD 0.32 per share attributable to stockholders.

Innventure describes itself as an industrial growth conglomerate that founds, funds and operates companies commercializing sustainable technology solutions acquired or licensed from multinational corporations.

Quarter Results

Revenue was USD 953 thousand against USD 476 thousand, an increase of 100.2%. The filing says revenue growth came from product sales and service revenue in the Technology segment. Cost of sales was USD 5.1 million against USD 2.9 million, an increase of 77.3%.

Total operating expenses were USD 32,441 thousand against USD 143,050 thousand. The loss from operations was USD 31,488 thousand against USD 142,574 thousand, and the net loss was USD 34,914 thousand against USD 141,275 thousand.

The net loss attributable to stockholders was USD 26,503 thousand against USD 84,227 thousand. The loss per share was USD 0.32 against USD 1.60, on 83,117,031 weighted average shares against 52,546,491.

Six-Month Results

Revenue was USD 2,396 thousand against USD 700 thousand. Total operating expenses were USD 61,181 thousand against USD 404,472 thousand, and the loss from operations was USD 58,785 thousand against USD 403,772 thousand. The net loss was USD 62,697 thousand against USD 394,949 thousand, and the loss per share was USD 0.59 against USD 4.60.

Cash Flow and Balance Sheet

Cash and cash equivalents were USD 41,543 thousand against USD 60,449 thousand at December 31, 2025. Net cash used in Operating Activities for the six months was USD 59,466 thousand against USD 36,754 thousand, and net cash provided by financing activities was USD 41,634 thousand against USD 41,240 thousand.

Total Assets were USD 574,697 thousand against USD 599,187 thousand. Total liabilities were USD 91,882 thousand against USD 115,511 thousand, and total stockholders' Equity was USD 482,815 thousand against USD 483,676 thousand. The accumulated Deficit was USD 418,911 thousand against USD 371,603 thousand.

Going Concern Language

Management has concluded that there is substantial doubt about the company's ability to continue as a Going Concern within one year of the financial statement issuance date. There were 84,612,657 shares of common stock outstanding as of August 7, 2026.