Cross Country Healthcare Inc. (CCRN) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
6551 PARK OF COMMERCE BOULEVARD, N.W. BOCA RATON, FL 33487 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7363 - Help Supply Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2025 MRQ | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 81,633 | 17,094 | 3,604 | 1,036 | |||||
| Cash and cash equivalent | 81,633 | 17,094 | 3,604 | 1,036 | |||||
| Receivables | 242,882 | 388,347 | 659,960 | 498,951 | 174,701 | 174,539 | |||
| Prepaid expense | 7,848 | 7,681 | 11,067 | 7,648 | 5,455 | 6,097 | |||
| Other current assets | 2,637 | 2,031 | 1,042 | 638 | 1,355 | 1,689 | |||
| Other undisclosed current assets | 1,600 | 1,032 | |||||||
| Total current assets: | 335,000 | 415,153 | 675,673 | 508,273 | 183,111 | 183,357 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 2,468 | 2,599 | 3,254 | 7,488 | 10,447 | 16,964 | |||
| Nontrade receivables | 20,928 | 25,714 | 23,058 | ||||||
| Property, plant and equipment | 28,850 | 27,339 | 19,662 | 15,833 | 12,351 | 11,832 | |||
| Intangible assets, net (including goodwill) | 177,246 | 189,898 | 207,991 | 167,734 | 131,655 | 151,923 | |||
| Goodwill | 135,060 | 135,430 | 163,268 | 119,490 | 90,924 | 101,066 | |||
| Intangible assets, net (excluding goodwill) | 42,186 | 54,468 | 44,723 | 48,244 | 40,731 | 50,857 | |||
| Deferred income tax assets | 8,104 | 5,954 | 7,092 | 11,525 | |||||
| Other noncurrent assets | 5,809 | 6,673 | 11,109 | 21,956 | 19,409 | 18,298 | |||
| Other undisclosed noncurrent assets | 10,846 | 5,987 | |||||||
| Total noncurrent assets: | 254,251 | 264,164 | 272,166 | 224,536 | 173,862 | 199,017 | |||
| TOTAL ASSETS: | 589,251 | 679,317 | 947,839 | 732,809 | 356,973 | 382,374 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 64,946 | 85,333 | 185,507 | 72,887 | 35,540 | 31,307 | |||
| Taxes payable | ✕ | ✕ | ✕ | ✕ | 7,307 | ||||
| Employee-related liabilities | ✕ | ✕ | ✕ | ✕ | 65,580 | 35,540 | 31,307 | ||
| Accounts payable | 5,744 | 3,040 | 12,863 | ||||||
| Accrued liabilities | 21,412 | 15,946 | 27,057 | ||||||
| Other undisclosed accounts payable and accrued liabilities | 37,790 | 66,347 | 145,587 | ||||||
| Debt | 4,176 | 4,878 | |||||||
| Business combination, contingent consideration, liability | 4,411 | 6,794 | 7,500 | 7,500 | 2,400 | ||||
| Other liabilities | 1,310 | 1,559 | 1,876 | 1,364 | 3,497 | 3,554 | |||
| Other undisclosed current liabilities | 49,735 | 54,901 | 76,757 | 113,843 | 54,386 | 43,326 | |||
| Total current liabilities: | 120,402 | 148,587 | 271,640 | 199,770 | 93,423 | 85,465 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 150,675 | 192,615 | 15,234 | 90,044 | |||||
| Long-term debt, excluding current maturities | 150,675 | 181,762 | 70,974 | ||||||
| Liabilities, other than long-term debt | 30,820 | 37,282 | 49,063 | 34,755 | 27,279 | 21,358 | |||
| Accounts payable and accrued liabilities | 15,355 | 14,798 | 14,699 | 11,777 | 12,692 | 12,454 | |||
| Deferred income tax liabilities | 190 | 6,592 | |||||||
| Liability for uncertainty in income taxes | 10,117 | 10,603 | 7,646 | ||||||
| Other liabilities | 3,566 | 4,218 | 3,838 | 13,788 | 7,995 | 4,037 | |||
| Operating lease, liability | 1,782 | 2,663 | 4,880 | 10,853 | 15,234 | 19,070 | |||
| Business combination, contingent consideration, liability | 5,000 | 18,000 | 9,000 | 4,867 | |||||
| Other undisclosed noncurrent liabilities | 19,070 | 20,055 | 19,242 | 8,141 | 66,128 | 22,007 | |||
| Total noncurrent liabilities: | 49,890 | 57,337 | 218,980 | 235,511 | 108,641 | 133,409 | |||
| Total liabilities: | 170,292 | 205,924 | 490,620 | 435,281 | 202,064 | 218,874 | |||
| Equity | |||||||||
| Equity, attributable to parent | 418,959 | 473,393 | 457,219 | 297,528 | 154,375 | 162,632 | |||
| Common stock | 3 | 4 | 4 | 4 | 4 | 4 | |||
| Additional paid in capital | 202,338 | 236,417 | 292,876 | 321,552 | 310,388 | 305,643 | |||
| Accumulated other comprehensive loss | (1,441) | (1,385) | (1,387) | (1,293) | (1,280) | (1,240) | |||
| Retained earnings (accumulated deficit) | 218,059 | 238,357 | 165,726 | (22,735) | (154,737) | (141,775) | |||
| Equity, attributable to noncontrolling interest | 534 | 868 | |||||||
| Total equity: | 418,959 | 473,393 | 457,219 | 297,528 | 154,909 | 163,500 | |||
| TOTAL LIABILITIES AND EQUITY: | 589,251 | 679,317 | 947,839 | 732,809 | 356,973 | 382,374 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,344,004 | 2,019,728 | 2,806,609 | 1,676,652 | 836,417 | 822,224 | ||
| Cost of revenue | (1,094,139) | (1,587,665) | (2,192,225) | (1,312,573) | (646,433) | (632,180) | ||
| Cost of product and service sold | (1,069,752) | (1,569,318) | (2,178,923) | (1,301,653) | (633,685) | (618,215) | ||
| Gross profit: | 249,865 | 432,063 | 614,384 | 364,079 | 189,984 | 190,044 | ||
| Operating expenses | (266,730) | (319,350) | (341,276) | (224,775) | (199,144) | (205,755) | ||
| Operating income (loss): | (16,865) | 112,713 | 273,108 | 139,304 | (9,160) | (15,711) | ||
| Nonoperating income (expense) | 2,655 | (2) | 1,336 | 770 | (280) | 68 | ||
| Investment income, nonoperating | 2,050 | |||||||
| Other nonoperating income (expense) | 605 | (2) | 1,336 | 770 | (280) | 68 | ||
| Interest and debt expense | (2,188) | (9,817) | (18,119) | (6,866) | (2,890) | (7,284) | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (1,284) | |||||||
| Income (loss) from continuing operations before income taxes: | (16,398) | 102,894 | 256,325 | 133,208 | (12,330) | (24,211) | ||
| Income tax expense (benefit) | 1,842 | (30,263) | (67,864) | (1,206) | 188 | (31,732) | ||
| Income (loss) from continuing operations: | (14,556) | 72,631 | 188,461 | 132,002 | (12,142) | (55,943) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 132,002 | (12,142) | (55,943) | |
| Net income (loss): | (14,556) | 72,631 | 188,461 | 132,002 | (12,142) | (55,943) | ||
| Net loss attributable to noncontrolling interest | (820) | (1,770) | ||||||
| Net income (loss) available to common stockholders, diluted: | (14,556) | 72,631 | 188,461 | 132,002 | (12,962) | (57,713) | ||
Comprehensive Income ($ in thousands)
| 6/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (14,556) | 72,631 | 188,461 | 132,002 | (12,142) | (55,943) | ||
| Other comprehensive income (loss) | (13) | (40) | 222 | |||||
| Other undisclosed comprehensive loss | (94) | |||||||
| Comprehensive income (loss): | (14,556) | 72,631 | 188,367 | 131,989 | (12,182) | (55,721) | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (820) | (1,770) | ||||||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (56) | 2 | ||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (14,612) | 72,633 | 188,367 | 131,989 | (13,002) | (57,491) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.