Clarivate Plc (CLVT) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
4TH FLOOR, ST. PAUL'S GATE ST. HELIER, JE14TR |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7374 - Computer Processing and Data Preparation and Processing Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2024 MRQ | 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 | 370,700 | 348,800 | 430,879 | 257,730 | 76,130 | |||
| Cash and cash equivalents | 370,700 | 348,800 | 430,879 | 257,730 | 76,130 | |||
| Restricted cash and investments | 8,000 | 156,734 | 11,278 | 9 | ||||
| Receivables | 908,300 | 872,100 | 906,428 | 751,446 | 333,858 | |||
| Prepaid expense | 88,500 | 89,400 | 76,551 | 58,770 | 40,710 | |||
| Disposal group, including discontinued operation | 26,700 | |||||||
| Other current assets | 68,000 | 76,900 | 66,646 | 248,781 | 11,750 | |||
| Other undisclosed current assets | 30,619 | |||||||
| Total current assets: | 1,462,200 | 1,395,200 | 1,637,238 | 1,328,005 | 493,076 | |||
| Noncurrent Assets | ||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 6,200 | 30,560 | ||||||
| Operating lease, right-of-use asset | 55,200 | 58,900 | 86,027 | 132,356 | 85,448 | |||
| Property, plant and equipment | 36,267 | 18,042 | ||||||
| Intangible assets, net (including goodwill) | 11,030,300 | 12,314,200 | 18,297,217 | 13,622,986 | 3,156,685 | |||
| Goodwill | 2,023,700 | 2,876,500 | 7,904,863 | 6,252,636 | 1,328,045 | |||
| Intangible assets, net (excluding goodwill) | 9,006,600 | 9,437,700 | 10,392,354 | 7,370,350 | 1,828,640 | |||
| Deferred income tax assets | 46,700 | 24,200 | 27,938 | 29,786 | 19,488 | |||
| Other noncurrent assets | 60,800 | 97,900 | 50,710 | 47,944 | 18,632 | |||
| Other undisclosed noncurrent assets | 51,600 | 48,300 | 53,289 | |||||
| Total noncurrent assets: | 11,244,600 | 12,549,700 | 18,545,741 | 13,869,339 | 3,298,295 | |||
| TOTAL ASSETS: | 12,706,800 | 13,944,900 | 20,182,979 | 15,197,344 | 3,791,371 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 270,600 | 233,500 | 577,386 | 474,638 | 27,093 | |||
| Taxes payable | ✕ | ✕ | ✕ | 28,538 | 45,119 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | 150,634 | 98,481 | 635 | ||
| Accounts payable | 144,100 | 101,400 | 129,218 | 82,038 | 26,458 | |||
| Accrued liabilities | 126,500 | 132,100 | 268,996 | 249,000 | ||||
| Deferred revenue | 983,100 | 947,500 | 1,030,399 | 707,318 | 407,325 | |||
| Debt | 1,200 | 1,000 | 30,577 | 28,600 | 9,000 | |||
| Estimated litigation liability | 79,013 | |||||||
| Disposal group, including discontinued operation | 6,700 | |||||||
| Business combination, contingent consideration, liability | 130,594 | |||||||
| Other liabilities | 159,217 | |||||||
| Other undisclosed current liabilities | 338,400 | 377,800 | 184,599 | 228,617 | 48,363 | |||
| Total current liabilities: | 1,600,000 | 1,559,800 | 1,901,974 | 1,569,767 | 650,998 | |||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation, including: | 4,721,100 | 5,005,000 | 5,579,093 | 104,324 | 64,189 | |||
| Long-term debt, excluding current maturities | 5,456,280 | |||||||
| Finance lease, liability | 29,100 | 30,300 | 28,858 | |||||
| Other undisclosed long-term debt and lease obligation | 4,692,000 | 4,974,700 | ||||||
| Liabilities, other than long-term debt | 393,400 | 556,500 | 590,750 | 471,382 | 87,161 | |||
| Deferred revenue | 38,700 | 38,500 | 54,250 | 41,399 | 19,723 | |||
| Deferred income tax liabilities | 249,600 | 316,100 | 380,060 | 362,261 | 48,547 | |||
| Liability, pension and other postretirement and postemployment benefits | 9,900 | 13,688 | ||||||
| Other liabilities | 41,900 | 119,100 | 142,752 | 67,722 | 18,891 | |||
| Operating lease, liability | 63,200 | 72,900 | 93,955 | 104,324 | 64,189 | |||
| Other undisclosed noncurrent liabilities | 11,100 | 185,293 | 3,457,900 | 1,628,611 | ||||
| Total noncurrent liabilities: | 5,114,500 | 5,572,600 | 6,355,136 | 4,033,606 | 1,779,961 | |||
| Total liabilities: | 6,714,500 | 7,132,400 | 8,257,110 | 5,603,373 | 2,430,959 | |||
| Equity | ||||||||
| Equity, attributable to parent | 5,992,300 | 6,812,500 | 11,925,869 | 9,593,971 | 1,360,412 | |||
| Preferred stock | 1,392,600 | 1,392,600 | 1,392,616 | |||||
| Common stock | 11,740,500 | 11,744,700 | 11,827,915 | 10,049,317 | 2,208,529 | |||
| Treasury stock, value | (16,956) | |||||||
| Accumulated other comprehensive income (loss) | (495,300) | (665,900) | 326,755 | 503,521 | (4,879) | |||
| Accumulated deficit | (6,645,500) | (5,658,900) | (1,604,461) | (958,867) | (843,238) | |||
| Total equity: | 5,992,300 | 6,812,500 | 11,925,869 | 9,593,971 | 1,360,412 | |||
| TOTAL LIABILITIES AND EQUITY: | 12,706,800 | 13,944,900 | 20,182,979 | 15,197,344 | 3,791,371 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 2,628,800 | 2,659,800 | 1,876,894 | 1,254,047 | 974,345 | ||
| Cost of revenue | (906,400) | (954,000) | (626,104) | ||||
| Gross profit: | 1,722,400 | 1,705,800 | 1,250,790 | 1,254,047 | 974,345 | ||
| Operating expenses | (1,719,600) | (729,900) | (772,448) | (1,251,242) | (1,017,432) | ||
| Other operating income (expense), net | 10,800 | 324,800 | (27,507) | ||||
| Other nonrecurring (income) expense | 300 | 900 | (7,889) | ||||
| Other undisclosed operating loss | (748,300) | (5,226,300) | (537,815) | ||||
| Operating income (loss): | (734,700) | (3,925,600) | (86,980) | 2,805 | (43,087) | ||
| Interest and debt expense | (293,700) | (270,300) | (252,490) | (111,914) | (208,365) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 50,676 | ||||||
| Loss from continuing operations before equity method investments, income taxes: | (1,028,400) | (4,195,900) | (339,470) | (109,109) | (200,776) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 15,900 | 206,800 | 81,320 | ||||
| Loss from continuing operations before income taxes: | (1,012,500) | (3,989,100) | (258,150) | (109,109) | (200,776) | ||
| Income tax expense (benefit) | 101,300 | 28,900 | (12,298) | 2,799 | (10,201) | ||
| Loss from continuing operations: | (911,200) | (3,960,200) | (270,448) | (106,310) | (210,977) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (270,448) | (106,310) | (210,977) | |
| Net loss attributable to parent: | (911,200) | (3,960,200) | (270,448) | (106,310) | (210,977) | ||
| Preferred stock dividends and other adjustments | (75,400) | (75,400) | (41,508) | ||||
| Net loss available to common stockholders, basic: | (986,600) | (4,035,600) | (311,956) | (106,310) | (210,977) | ||
| Dilutive securities, effect on basic earnings per share | (197,600) | (81,320) | |||||
| Net loss available to common stockholders, diluted: | (986,600) | (4,233,200) | (393,276) | (106,310) | (210,977) | ||
Comprehensive Income ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|
| Net loss: | (911,200) | (3,960,200) | (270,448) | (106,310) | (210,977) | ||
| Comprehensive loss: | (911,200) | (3,960,200) | (270,448) | (106,310) | (210,977) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 170,600 | (992,600) | (165,627) | 508,400 | (10,237) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (740,600) | (4,952,800) | (436,075) | 402,090 | (221,214) | ||
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.