INV · Innventure, Inc.
$0.52
+0.02 (+4.01%)
At close · Oct 5
Return incl. dividend (before tax)
Going-concern doubt
— flagged Aug 13, 2026
Substantial doubt about the company's ability to continue as a going concern.
“In connection with our assessment of going concern considerations in accordance with Financial Accounting Standards Board's ("FASB") Accounting Standards Update ("ASU") 2014-15, "Disclosures of Uncertainties about an Entity's Ability to Continue as a Going Concern," management has determined that these conditions raise substantial doubt about our ability to continue as a going concern within one year after the date of issuance of the condensed consolidated financial statements included in Item 1. of this Form 10-Q.”View the 10-Q filed Aug 13, 2026
Market Cap
$61.50M
Shares
84.61M
Volume · Oct 5
3.53M
Avg daily vol (3M)
5.19M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$0.50
Open$0.49
Day$0.45–0.52
52W close$0.49–7.32
Avg vol 30d7.1M
Short int10.4M · 12.3% float · 2.7d
Short vol70%
Last earningsAug 13, 2026
DataNov 2021–Oct 2026
Filing10-Q · Aug 13
Up next
Next earnings call
Dec 5, 2026
Est · unconfirmed
· in 9 wks
filed Aug 13, 2026
call held Aug 13, 2026
Metrics snapshot
Useful current figures from the complete screener profile.
Revenue (TTM)
$3.75M
Trailing 12 months
Net income (TTM)
−$2.72M
Trailing 12 months
Revenue growth YoY
+100.2%
Year over year
Operating margin
-3,190.6%
Trailing 12 months
P / E (TTM)
—
Trailing earnings
FCF yield
-170.7%
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
$35.63M
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
+58.2%
Year over year · more shares
Price change (1Y)
-91.0%
Trailing year
Short interest
12.3%
Latest settlement · 2.7 days to cover
AI Brief
Q2 FY26 earnings call · Aug 13, 2026
Q2 FY26
TL;DR. Innventure suspended Accelsius's 2026 revenue and cash flow targets and removed its 2028 consolidated positive cash flow target after the Dark NX order was debooked due to site/power constraints, but the company pointed to stronger long-term validation: a third-party benchmark showing NuCool ran 9-14°C cooler than single-phase at warm water conditions, Accelsius's $65M Series B led by Johnson Controls, Refinity's 10 kiloton plant design on track for year-end, and new CEO John Hewitt focused on hyperscaler adoption.
Bullish
- + Third-party benchmark showed NuCool ran 9-14°C cooler than single-phase at the same workload, enabling operation up to 54°C facility water versus ~45°C for single-phase.
- + Accelsius closed a $65 million Series B led by Johnson Controls with Legrand participating, validating the two-phase technology with sophisticated industrial players.
- + Aeroflex commercial pipeline grew to close to $35 million, up 9% since last quarter, with new Latin America and Europe partnerships and co-manufacturing equipment operational in Italy.
- + Leadership strengthened with John Hewitt (former Vertiv Americas head) named Accelsius CEO and Bill Grieco appointed incoming Innventure CEO, refocusing on hyperscaler adoption.
- + G&A expenses declined 22% year-over-year to $14.5 million, reflecting cost discipline.
Bearish
- − Accelsius debooked the Dark NX order from its 2026 forecast after the originally identified deployment site became unavailable due to power constraints.
- − Net loss widened to $34.9 million in Q2 2026 from $27.8 million in Q1 2026, and Adjusted EBITDA loss widened to $22.6 million from $18.4 million.
- − Cash and restricted cash declined to $46.5 million at quarter-end from $60.4 million at the end of Q1, with $59.5 million used in operating activities year-to-date.
- − Management indicated additional capital raises will likely be needed at the Innventure parent level given the extended Accelsius cash flow timeline, with intent to be opportunistic to limit dilution.
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceOverall
Sell
SellHoldBuy
Technical
Neutral
Momentum
Very Weak
Sentiment
Very Bullish
Fundamentals
Weak
Quant / Vol
Very High
Market backdrop
VIX 15.3 · calm
Equity put/call 0.58
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
−87%
below
Price vs 50-day avg
−71%
below
RSI (14)
26
oversold
MACD trend
Positive
52-week position
0%
near low
Volume (OBV)
Bullish div.
accumulating
Momentum
relative strength
1-month return
−54%
trailing
6-month return
−90%
trailing
YTD return
−88%
this year
Relative strength
−102%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $2 › 200d $4 — 200d above 50d
Institutional flow
Accumulating
+21% holders QoQ · +38 funds added
Insider flow
Accumulating
Net +$807.8K over 90 days · 0% sells
Short interest
Falling
12.33% of float · ▼ -12.6% MoM · 2.7 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
131 holders — near 1-yr high, broad support
Squeeze score
54
elevated · 0–100
Fundamentals
Revenue growth
+84%
Y/Y
Free cash flow
$-82.1M
Balance sheet
$7.0M
net debt
Quant / Vol
risk profile
Volatility
149%
annualized · 1-yr
Max drawdown
−93%
past year
ATR
28.3%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the Earnings Call filed Mar 31, 2026
Revenue run rate
· exit December 2026
$100M
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Neutral
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
−87%
Bearish
Price vs 50-day avg
−71%
Bearish
RSI (14)
26
Neutral
MACD trend
Positive
Bullish
52-week position
0%
Bearish
Volume (OBV)
Bullish div.
Bullish
Market signals — smart money & positioning
Bullish · 4 of 6
Trend (MA cross)
No cross
50d $2 › 200d $4 — 200d above 50d
Institutional flow
Accumulating
+21% holders QoQ · +38 funds added
Insider flow
Accumulating
Net +$807.8K over 90 days · 0% sells
Short interest
Falling
12.33% of float · ▼ -12.6% MoM · 2.7 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
131 holders — near 1-yr high, broad support
Price context
position in its 52-week range
Range low $0
Now $1 · 0%
Range high $7
vs 200-day avg -87%
vs 50-day avg -71%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA non-GAAP | -40.99M | Six Months Ended June 30, 2026 | — |
|
|
|||
| EBITDA non-GAAP | -54.4M | Six Months Ended June 30, 2026 | — |
|
|
|||
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Asset Management — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
INV
this stock
Innventure, Inc.
|
$61.50M | -87.9% | — | — | 12.3% |
|
BLK
BlackRock, Inc.
|
$347.03B | -1.0% | +16.2% | 25.6 | 0.6% |
|
KKR
KKR & Co. Inc.
|
$86.77B | -29.2% | -11.0% | — | 1.5% |
|
BX
Blackstone Inc.
|
$85.57B | -27.5% | +9.2% | 25.6 | 2.6% |
|
BN
BROOKFIELD Corp /ON/
|
$81.46B | -19.5% | — | — | 0.9% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| INV | -30.7% | -54.2% | -89.7% | -12.1% | -87.9% |
| SPY | -0.2% | -0.5% | +12.2% | +0.9% | +12.9% |
| vs SPY | -30.5% | -53.7% | -101.9% | -13.0% | -100.8% |