Opening its latest reports…Reading every line of the four statements…Putting it into plain words…
Opening its latest reports…Reading every line of the four statements…Putting it into plain words…
CODICompass Diversified Holdings
Every company that sells shares in the US files four statements with the SEC. Together they show whether Compass Diversified made money, what it owns and owes, where its cash went, and what changed for its shareholders. Below is every line exactly as Compass Diversified filed it, with what each one means in plain English.
As filed with the SEC on Feb 27, 2026 · the full report · SEC's figures viewer
Income statement · also called the statement of operations, statement of earnings or profit and loss
Read it from the top down. It starts with everything customers paid (sales), takes away the cost of making what was sold, then the costs of running the company, then interest and tax. What is left at the bottom is profit (net income), the part that belongs to shareholders. It covers a stretch of time: a year, or a quarter.
Out of every $100 of sales
| Line (tap for what it means) | 12 months to Dec 31, 2025 | 12 months to Dec 31, 2024 | 12 months to Dec 31, 2023 |
|---|---|---|---|
| $1.1B▲ 2.1% | $1.0B | $1.0B | |
| $814.4M▲ 8.5% | $750.4M | $674.7M | |
| Other income (expense) | |||
| −$175.3M▼ 43% | −$122.8M | −$109.9M | |
| −$4.1M▼ 0.8% | −$4.0M | −$4.0M | |
| $0▲ 100% | −$24.2M | $0 | |
| −$2.8M | $0 | $0 | |
| −$111.9M | $0 | $0 | |
| −$14.7M▲ 90% | −$143.3M | −$83.1M | |
| −$297.6M▲ 3.8% | −$309.2M | −$266.5M | |
| Operating expenses | |||
| $660.7M▲ 12% | $587.5M | $502.0M | |
| $17.9M▼ 76% | $74.8M | $67.9M | |
| $93.2M▼ 1.8% | $94.8M | $83.6M | |
| $31.5M▲ 285% | $8.2M | $90.6M | |
| $11.1M | −$14.9M | −$69.4M | |
| −$945.0K | $18.6M | $8.2M | |
| −$296.6M▲ 9.5% | −$327.8M | −$274.7M | |
| $0▲ 100% | −$6.9M | $24.2M | |
| $2.9M▼ 76% | $12.0M | $283.0M | |
| −$293.7M▲ 9.0% | −$322.8M | $32.6M | |
| −$67.3M▲ 39% | −$111.0M | −$75.8M | |
| $0▲ 100% | −$2.9M | −$304.0K | |
| −$226.4M▼ 8.4% | −$208.9M | $108.6M | |
| Amounts attributable to common shares of Holdings | |||
| −$229.3M▼ 5.8% | −$216.8M | −$198.9M | |
| $0▲ 100% | −$4.0M | $24.5M | |
| $2.9M▼ 76% | $12.0M | $283.0M | |
| Basic and fully diluted income (loss) per share attributable to Holdings (refer to Note K) | |||
| −$3.63▲ 7.9% | −$3.94 | −$3.57 | |
| $0.04▼ 64% | $0.11 | $4.27 | |
| −$3.59▲ 6.3% | −$3.83 | $0.70 | |
| 75.2M shares▼ 0.3% | 75.5M shares | 72.1M shares | |
| $0.50▼ 50% | $1.00 | $1.00 | |
| $1.9B▲ 4.8% | $1.8B | $1.7B | |
| Lugano | |||
|---|---|---|---|
| Write-down of asset values (impairment) (Impairment expense) | $31.5M | – | $1.2M |
| Sales (Revenue from Contract with Customer, Excluding Assessed Tax) | $79.1M | $60.4M | $33.2M |
| Other gains and losses not in profit (other comprehensive income) (Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax) | $2.3M | $0 | $0 |
| Ergobaby | |||
| Other gains and losses not in profit (other comprehensive income) (Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax) | $0 | −$98.0K | $0 |
Every line as the company filed it (USD ($)), shown in full dollars. See this statement on SEC.
Some value changes don't count as profit yet: currency moves on businesses abroad, rises or falls in investments it hasn't sold, and some hedges and pension changes. They are added to profit here to give comprehensive income, and they build up in shareholders' equity.
| Line (tap for what it means) | 12 months to Dec 31, 2025 | 12 months to Dec 31, 2024 | 12 months to Dec 31, 2023 |
|---|---|---|---|
| Other comprehensive income (loss) | |||
| $2.6M | −$3.9M | $2.1M | |
| $1.2M | −$1.5M | −$941.0K | |
| −$287.7M | −$328.1M | $33.7M | |
| −$67.3M | −$113.9M | −$76.1M | |
| $114.0K | $0 | −$165.0K | |
| −$220.5M | −$214.2M | $110.0M | |
| −$293.7M | −$322.8M | $32.6M | |