v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 1,039.9 $ 689.5
Accounts receivable—net 234.2 204.4
Inventories 958.1 601.2
Prepaid expenses 175.2 117.9
Other current assets 207.9 180.8
Total current assets 2,615.3 1,793.8
Property, plant, and equipment—net 599.1 540.4
Goodwill 1,648.8 1,686.6
Intangible assets—net 719.7 777.3
Other non-current assets 141.1 104.4
Total assets 5,724.0 4,902.5
Current liabilities    
Accounts payable 466.7 273.3
Contract liabilities 970.1 546.2
Accrued liabilities 235.4 186.1
Obligations under supplier finance programs 181.2 157.0
Obligations related to factoring arrangements 43.0 59.5
Other current liabilities 194.5 153.7
Total current liabilities 2,090.9 1,375.8
Long-term debt - net 2,607.1 2,647.4
Contract liabilities 426.8 269.9
Deferred taxes 204.3 214.6
Other non-current liabilities 175.8 166.7
Total liabilities 5,504.9 4,674.4
Commitments and guarantees
Shareholders' equity    
Common stock, €0,04 nominal value; 750,000,000 shares issued and outstanding [1] 34.9 34.9
Additional paid-in capital 111.6 103.2
Retained earnings 77.8 100.3
Accumulated other comprehensive loss (15.1) (20.6)
Total INNIO N.V. shareholders' equity 209.2 217.8
Non-controlling interests 9.9 10.3
Total shareholders' equity 219.1 228.1
Total liabilities and shareholders' equity $ 5,724.0 $ 4,902.5
[1] The nominal value, shares issued and outstanding and additional paid-in capital have been adjusted for the 2025 balance. Refer to Note 22 for more information.