NASDAQ : INIO
INNIO N.V. — Financial statements
Industrials · Infrastructure Operations · United States
Last price 16.3 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 12.23B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
INNIO N.V. (INIO) reported revenue of 3.51B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Revenue | 3.51B | 2.64B | 2.16B | 2.02B |
| Cost of Revenue | 2.35B | 1.73B | 1.39B | 1.34B |
| Gross Profit | 1.16B | 911.80M | 771.40M | 673.40M |
| Selling, General & Admin | 667.50M | 467.10M | 390.10M | 350.60M |
| Research & Development | 119.70M | 103.50M | 89.70M | 83.70M |
| Other Operating Expenses | -9.10M | -10.30M | -6.10M | |
| Operating Expenses | 778.10M | 560.30M | 473.70M | 434.30M |
| Operating Income | 384.70M | 351.50M | 297.70M | 239.10M |
| Interest Expense | -139.40M | -128.00M | -149.00M | -108.10M |
| Other Non Operating Income (Expenses) | -113.90M | 12.60M | -42.80M | -21.80M |
| EBT Excluding Unusual Items | 196.30M | 236.10M | 105.90M | 109.20M |
| Merger & Restructuring Charges | -400.00K | |||
| Other Unusual Items | -51.90M | -51.90M | 100.00K | |
| Pretax Income | 144.40M | 184.20M | 106.00M | 108.80M |
| Income Tax Expense | 56.20M | 42.40M | 14.00M | 30.10M |
| Earnings From Continuing Operations | 88.20M | 141.80M | 92.00M | 78.70M |
| Minority Interest in Earnings | 7.10M | 2.50M | ||
| Net Income | 95.30M | 144.30M | 92.00M | 78.70M |
| Net Income to Common | 95.30M | 144.30M | 92.00M | 78.70M |
| Free Cash Flow | 709.30M | 396.90M | 323.70M | 85.30M |
| Gross Margin | 33.08% | 34.58% | 35.73% | 33.42% |
| Operating Margin | 10.95% | 13.33% | 13.79% | 11.87% |
| Profit Margin | 2.71% | 5.47% | 4.26% | 3.91% |
| Free Cash Flow Margin | 20.18% | 15.05% | 14.99% | 4.23% |
| EBITDA | 542.40M | 505.00M | 443.20M | 371.60M |
| EBITDA Margin | 15.43% | 19.15% | 20.53% | 18.44% |
| D&A For EBITDA | 157.70M | 153.50M | 145.50M | 132.50M |
| EBIT | 384.70M | 351.50M | 297.70M | 239.10M |
| EBIT Margin | 10.95% | 13.33% | 13.79% | 11.87% |
| Effective Tax Rate | 38.92% | 23.02% | 13.21% | 27.66% |
| Revenue as Reported | 3.51B | 2.64B | 2.16B | 2.02B |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Cash & Equivalents | 1.20B | 689.50M | 378.40M | 301.10M |
| Trading Asset Securities | 1.30M | |||
| Cash & Short-Term Investments | 1.20B | 689.50M | 379.70M | 301.10M |
| Accounts Receivable | 335.20M | 263.20M | 203.50M | 186.00M |
| Other Receivables | 106.00M | 71.10M | 29.30M | 36.40M |
| Receivables | 441.20M | 334.30M | 232.80M | 222.40M |
| Inventory | 1.08B | 601.20M | 400.60M | 428.10M |
| Prepaid Expenses | 28.10M | 17.90M | 12.80M | 11.20M |
| Other Current Assets | 179.50M | 150.90M | 16.90M | 20.90M |
| Total Current Assets | 2.92B | 1.79B | 1.04B | 983.70M |
| Property, Plant & Equipment | 768.00M | 608.80M | 456.30M | 445.30M |
| Long-Term Investments | 45.30M | 100.00K | 5.20M | 2.90M |
| Goodwill | 1.67B | 1.69B | 1.54B | 1.61B |
| Other Intangible Assets | 588.90M | 646.20M | 620.90M | 705.20M |
| Long-Term Deferred Tax Assets | 18.50M | 15.10M | 18.40M | 18.60M |
| Long-Term Deferred Charges | 126.80M | 146.40M | 154.10M | 189.10M |
| Other Long-Term Assets | 9.30M | 5.50M | 4.90M | 4.60M |
| Total Assets | 6.15B | 4.90B | 3.84B | 3.96B |
| Accounts Payable | 546.30M | 273.30M | 214.70M | 224.60M |
| Accrued Expenses | 161.50M | 155.10M | 131.60M | 98.60M |
| Short-Term Debt | 221.30M | 216.50M | 123.10M | 108.00M |
| Current Portion of Long-Term Debt | 15.20M | 11.40M | 7.60M | 4.20M |
| Current Portion of Leases | 28.50M | 21.10M | 13.90M | 12.80M |
| Current Income Taxes Payable | 27.00M | 15.00M | 13.00M | 29.60M |
| Current Unearned Revenue | 1.10B | 546.20M | 275.20M | 189.60M |
| Other Current Liabilities | 196.50M | 137.20M | 123.70M | 129.30M |
| Total Current Liabilities | 2.30B | 1.38B | 902.80M | 796.70M |
| Long-Term Debt | 2.60B | 2.65B | 1.88B | 1.99B |
| Long-Term Leases | 92.20M | 66.00M | 34.20M | 22.30M |
| Long-Term Unearned Revenue | 497.20M | 269.90M | 700.00K | |
| Pension & Post-Retirement Benefits | 45.00M | 47.50M | 44.70M | 49.30M |
| Long-Term Deferred Tax Liabilities | 214.80M | 214.60M | 174.60M | 167.30M |
| Other Long-Term Liabilities | 57.60M | 45.90M | 47.80M | 55.20M |
| Total Liabilities | 5.80B | 4.67B | 3.08B | 3.09B |
| Additional Paid-In Capital | 115.50M | 138.10M | 861.90M | 861.90M |
| Retained Earnings | 188.80M | 100.30M | -44.00M | 49.20M |
| Comprehensive Income & Other | -1.00M | -20.60M | -55.20M | -34.20M |
| Total Common Equity | 338.20M | 217.80M | 762.70M | 876.90M |
| Minority Interest | 8.00M | 10.30M | ||
| Shareholders' Equity | 346.20M | 228.10M | 762.70M | 876.90M |
| Total Liabilities & Equity | 6.15B | 4.90B | 3.84B | 3.96B |
| Total Debt | 2.95B | 2.97B | 2.06B | 2.14B |
| Net Cash (Debt) | -1.76B | -2.28B | -1.68B | -1.84B |
| Working Capital | 625.50M | 418.00M | 140.00M | 187.00M |
| Tangible Book Value | -1.92B | -2.12B | -1.40B | -1.44B |
| Land | 235.10M | 192.00M | 191.20M | |
| Machinery | 562.00M | 456.90M | 407.90M | |
| Construction In Progress | 84.10M | 29.50M | 32.50M | |
| Order Backlog | 3.60B | 994.10M | 650.10M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Net Income | 95.30M | 144.30M | 92.00M | 78.70M |
| Depreciation & Amortization | 162.30M | 153.50M | 145.50M | 132.50M |
| Other Operating Activities | 105.10M | 30.80M | -1.60M | 23.60M |
| Change in Accounts Receivable | -18.60M | -4.10M | -26.60M | -9.00M |
| Change in Inventory | -490.70M | -155.40M | 7.80M | -26.20M |
| Change in Accounts Payable | 283.50M | 37.20M | -1.40M | -11.80M |
| Change in Unearned Revenue | 958.40M | 506.10M | 97.20M | -25.90M |
| Change in Other Net Operating Assets | -115.30M | -164.50M | 79.10M | -12.60M |
| Operating Cash Flow | 980.00M | 547.90M | 392.00M | 149.30M |
| Capital Expenditures | -270.70M | -151.00M | -68.30M | -64.00M |
| Cash Acquisitions | -44.60M | -5.00M | -37.40M | |
| Sale (Purchase) of Intangibles | -18.00M | -20.20M | -18.30M | -14.20M |
| Other Investing Activities | 900.00K | 2.90M | 3.80M | 3.20M |
| Investing Cash Flow | -332.40M | -168.30M | -87.80M | -112.40M |
| Short-Term Debt Issued | 66.00M | 6.80M | ||
| Long-Term Debt Issued | 785.20M | |||
| Total Debt Issued | 805.90M | 851.20M | 6.80M | |
| Short-Term Debt Repaid | -9.60M | |||
| Long-Term Debt Repaid | -222.50M | -40.20M | -19.40M | |
| Total Debt Repaid | -177.10M | -222.50M | -40.20M | -29.00M |
| Net Debt Issued (Repaid) | 628.80M | 628.70M | -33.40M | -29.00M |
| Common Dividends Paid | -163.40M | |||
| Other Financing Activities | -730.80M | -715.50M | -12.60M | |
| Financing Cash Flow | -102.00M | -86.80M | -209.40M | -29.00M |
| Foreign Exchange Rate Adjustments | -9.10M | 18.30M | -17.50M | 5.20M |
| Net Cash Flow | 536.50M | 311.10M | 77.30M | 13.10M |
| Free Cash Flow | 709.30M | 396.90M | 323.70M | 85.30M |
| Free Cash Flow Margin | 20.18% | 15.05% | 14.99% | 4.23% |
| Levered Free Cash Flow | 49.39M | 257.84M | ||
| Unlevered Free Cash Flow | 129.39M | 350.96M | ||
| Cash Interest Paid | 148.00M | 143.70M | 148.90M | 144.20M |
| Cash Income Tax Paid | 45.20M | 45.20M | 31.80M | 15.50M |
| Change in Working Capital | 617.30M | 219.30M | 156.10M | -85.50M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Market Capitalization | 12.31B | |||
| Enterprise Value | 14.06B | |||
| Debt / Equity Ratio | 8.53 | 13.02 | 2.70 | 2.44 |
| Debt / EBITDA Ratio | 5.15 | 5.64 | 4.47 | 5.54 |
| Debt / FCF Ratio | 4.16 | 7.48 | 6.35 | 25.11 |
| Net Debt / Equity Ratio | 5.08 | 10.00 | 2.20 | 2.10 |
| Net Debt / EBITDA Ratio | 3.24 | 4.51 | 3.78 | 4.95 |
| Net Debt / FCF Ratio | 2.48 | 5.75 | 5.18 | 21.58 |
| Asset Turnover | 0.60 | 0.55 | ||
| Inventory Turnover | 3.44 | 3.35 | ||
| Quick Ratio | 0.71 | 0.74 | 0.68 | 0.66 |
| Current Ratio | 1.27 | 1.30 | 1.16 | 1.24 |
| Return on Equity (ROE) | 28.62% | 11.22% | ||
| Return on Assets (ROA) | 5.02% | 4.77% | ||
| Return on Invested Capital (ROIC) | 11.10% | 10.94% | 10.02% | 6.36% |
| Return on Capital Employed (ROCE) | 10.00% | 10.00% | 10.10% | 7.60% |
| Payout Ratio | 177.61% |