Cubic Corporation (CUB) Financial Statements (2025 and earlier)

Company Profile

Business Address 9333 BALBOA AVE
SAN DIEGO, CA 92123
State of Incorp. DE
Fiscal Year End September 30
Industry (SIC) 3829 - Measuring and Controlling Devices, Not Elsewhere Classified (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

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

3/31/2021
MRQ
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments    60210249
Cash and cash equivalent    60197218
Short-term investments     1331
Restricted cash and investments 27 2787669
Receivables 177134392434392359
Inventory, net of allowances, customer advances and progress billings 12710784886658
Inventory 12710784886664
Progress payments netted against inventory for long-term contracts or programs      (6)
Contract with customer, asset, after allowance for credit loss 269350 ✕✕✕
Asset, held-for-sale, not part of disposal group   8   
Other current assets   4431  
Other undisclosed current assets 162134112 3940
Total current assets: 763724668622783775
Noncurrent Assets
Operating lease, right-of-use asset 87 ✕✕✕✕
Property, plant and equipment 1661451181149675
Intangible assets, net (including goodwill) 995744407514530311
Goodwill 785578334416407238
Intangible assets, net (excluding goodwill) 210166749812373
Deferred income tax assets 54✕✕✕✕
Other noncurrent assets  77 117 
Other undisclosed noncurrent assets 3081531127689139
Total noncurrent assets: 1,5611,123637715722525
TOTAL ASSETS: 2,3241,8471,3051,3361,5051,300
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 775974185156103
Taxes payable 1191015
Employee-related liabilities 765865807451
Accounts payable    968147
Deferred revenue 7646✕✕✕✕
Debt 227206 5524061
Self insurance reserve 579  9
Other liabilities   53797493
Deferred tax liabilities✕✕✕   13
Customer advances and deposits✕✕✕76574977
Other undisclosed current liabilities 202210117  (9)
Total current liabilities: 587529328376520347
Noncurrent Liabilities
Long-term debt and lease obligation 511189200200201126
Long-term debt, excluding current maturities 430189200200201126
Finance lease, liability 0 ✕✕✕✕
Liabilities, other than long-term debt 364224709471
Accounts payable and accrued liabilities 1127129
Deferred compensation liability, classified 101111111110
Deferred tax liabilities, net✕✕✕31042
Deferred income tax liabilities 65✕✕✕✕
Liability, pension and other postretirement and postemployment benefits 20258254726
Other liabilities    162125
Operating lease, liability 81 ✕✕✕✕
Other undisclosed noncurrent liabilities 20210628   
Total noncurrent liabilities: 749337252270295197
Total liabilities: 1,336867581647815544
Equity
Equity, attributable to parent 961962700690690756
Common stock 29627445383326
Treasury stock, value (36)(36)(36)(36)(36)(36)
Accumulated other comprehensive loss (150)(140)(111)(107)(120)(52)
Retained earnings 850863802794813819
Equity, attributable to noncontrolling interest 2719    
Other undisclosed equity   24   
Total equity: 988981724690690756
TOTAL LIABILITIES AND EQUITY: 2,3241,8471,3051,3361,5051,300

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

3/31/2021
TTM
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
Revenues 1,4761,4961,2031,4861,4621,431
Revenue, net✕✕✕1,2031,4861,4621,431
Cost of revenue (1,050)(1,085)(844)(1,137)(1,137)(1,109)
Cost of product and service sold   (835)(1,122)(1,117)(1,091)
Gross profit: 426412358349325322
Operating expenses (365)(326)(334)(332)(317)(247)
Operating income: 62862418775
Nonoperating income (expense) (21)(13)11(1)1
Investment income, nonoperating 872112
Other nonoperating income (expense) (29)(20)(1)0(2)(1)
Interest and debt expense (44)(20)(10)(15)(11)(4)
Other undisclosed loss from continuing operations before equity method investments, income taxes     (3) 
Income (loss) from continuing operations before income taxes: (3)52154(7)72
Income tax expense (benefit) 6(11)(7)(15)9(49)
Income (loss) from continuing operations: 3418(11)223
Income (loss) before gain (loss) on sale of properties:✕34012(11)223
Income (loss) from discontinued operations 0(1)4   
Net income (loss): 34012(11)223
Net income (loss) attributable to noncontrolling interest (7)100  (0)
Net income (loss) available to common stockholders, diluted: (3)5012(11)223

Comprehensive Income ($ in millions)
Annual | Quarterly

3/31/2021
TTM
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
Net income (loss): 34012(11)223
Other comprehensive loss (10)(29)(2)   
Comprehensive income (loss): (7)1110(11)223
Comprehensive income (loss), net of tax, attributable to noncontrolling interest (7)100  (0)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent    13(68)(46)
Comprehensive income (loss), net of tax, attributable to parent: (13)21112(66)(24)

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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