Claritev Corp (CTEV) Financial Statements (2026 and earlier)

Company Profile

Business Address 7900 TYSONS ONE PLACE
MCLEAN, VA 22102
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 7389 - Business Services, Not Elsewhere Classified (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments16,81416,84871,547334,046185,328126,755
Cash and cash equivalent16,81416,84871,547334,046185,328126,755
Restricted cash and investments11,52712,8249,9476,5133,051 
Receivables127,14589,31076,11078,49299,49062,732
Prepaid expense43,51827,24024,79623,59529,97417,708
Other current assets14,3306,99510,7453,6769991,193
Other undisclosed current assets11,03322,298448415415466
Total current assets:224,367175,515193,593446,737319,257208,854
Noncurrent Assets
Operating lease, right-of-use asset13,96616,09719,68024,23730,10431,339
Intangible asset, including goodwill, after accumulated amortization4,290,4574,629,4636,462,2096,645,4007,648,1077,841,523
Goodwill2,405,8532,403,1403,829,0023,705,1994,363,0704,257,336
Intangible asset, excluding goodwill, after accumulated amortization1,884,6042,226,3232,633,2072,940,2013,285,0373,584,187
Restricted cash and investments11,52712,8249,9476,5133,051 
Other noncurrent assets33,34237,10321,77621,8959,70114,231
Other undisclosed noncurrent assets314,799279,825257,482226,322210,187187,631
Total noncurrent assets:4,664,0914,975,3126,771,0946,924,3677,901,1508,074,724
TOTAL ASSETS:4,888,4585,150,8276,964,6877,371,1048,220,4078,283,578
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities96,716160,84291,85487,74096,35684,216
Interest and dividends payable✕✕✕✕✕55,68531,528
Taxes payable✕✕✕✕✕ 10,176
Accounts payable60,46386,32719,59013,29513,00515,261
Accrued liabilities36,25374,51572,26474,44527,66627,251
Debt14,69013,25013,25013,25013,250 
Deferred compensation liability45,23833,69044,72034,56825,41921,843
Estimated litigation liability  1,62312,12333,923  
Due to related parties✕✕✕✕ 2,2972,725
Other undisclosed current liabilities104,7144,3854,7926,3634,5863,714
Total current liabilities:261,358213,790166,739175,844141,908112,498
Noncurrent Liabilities
Long-term debt and lease obligation, including:4,560,4404,509,7254,532,7334,741,8564,879,1444,578,488
Finance lease, liability1838215457192
Other undisclosed long-term debt and lease obligation4,560,2574,509,6434,532,7184,741,8114,852,3484,550,897
Liabilities, other than long-term debt213,835343,290555,614660,420753,960900,633
Deferred income tax liabilities197,599325,834521,707639,498753,825900,633
Other liabilities  3,59916,78328135 
Operating lease, liability16,23613,85717,12420,89426,72527,499
Other undisclosed noncurrent liabilities20,000 4772,442100,725134,094
Total noncurrent liabilities:4,794,2754,853,0155,088,8245,404,7185,733,8295,613,215
Total liabilities:5,055,6335,066,8055,255,5635,580,5625,875,7375,725,713
Equity
Equity, attributable to parent, including:(173,900)84,0221,709,1241,790,5422,344,6702,557,865
Common stock     6766
Treasury stock, value(138,733)(138,733)(128,363)(192,169)(192,169)(89,610)
Additional paid in capital2,398,4232,372,9542,348,5052,330,4442,311,6602,530,410
Accumulated other comprehensive loss(4,172)(5,063)(11,778)   
Retained earnings (accumulated deficit)(2,429,420)(2,145,138)(499,307)(347,800)225,112116,999
Other undisclosed equity, attributable to parent226767  
Equity, attributable to noncontrolling interest6,725     
Total equity:(167,175)84,0221,709,1241,790,5422,344,6702,557,865
TOTAL LIABILITIES AND EQUITY:4,888,4585,150,8276,964,6877,371,1048,220,4078,283,578

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenues965,413930,624961,5241,079,7161,117,602937,763
Cost of revenue(361,994)(318,999)(311,907)(239,803)(237,186)(349,884)
Cost of product and service sold(253,411)(239,404)(235,468)(204,098)(175,292)(318,675)
Gross profit:603,419611,625649,617839,913880,416587,879
Operating expenses(574,654)(2,001,556)(487,635)(1,202,645)(494,296)(719,700)
Operating income (loss):28,765(1,389,931)161,982(362,732)386,120(131,821)
Nonoperating income (expense)
(Investment Income, Nonoperating)		(1,106)3,1308,2333,78955(11,877)
Interest and debt expense(392,692)(320,458)(279,240)(268,850)(283,318)(438,631)
Income (loss) from continuing operations before equity method investments, income taxes:(365,033)(1,707,259)(109,025)(627,793)102,857(582,329)
Other undisclosed income (loss) from continuing operations before income taxes(8,045)(63,453)1,96567,05032,59635,422
Income (loss) from continuing operations before income taxes:(373,078)(1,770,712)(107,060)(560,743)135,453(546,907)
Income tax expense (benefit)88,796124,88115,363(12,169)(33,373)26,343
Income (loss) from continuing operations:(284,282)(1,645,831)(91,697)(572,912)102,080(520,564)
Income (loss) before gain (loss) on sale of properties:✕✕✕✕✕102,080(520,564)
Net income (loss) available to common stockholders, diluted:(284,282)(1,645,831)(91,697)(572,912)102,080(520,564)

Comprehensive Income ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Net income (loss):(284,282)(1,645,831)(91,697)(572,912)102,080(520,564)
Other comprehensive loss  (2,100)(3,700)   
Comprehensive income (loss):(284,282)(1,647,931)(95,397)(572,912)102,080(520,564)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent8918,815(8,078)   
Comprehensive income (loss), net of tax, attributable to parent:(283,391)(1,639,116)(103,475)(572,912)102,080(520,564)

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.

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