CMBT (Cmb.Tech N.V.) Stock Financials & Earnings | Market Cap Arena

CMBT (Cmb.Tech N.V.) Stock Financials & Earnings | Market Cap Arena

CMBTCmb.Tech N.V.

Mkt Cap$3B

Industrials·Marine Shipping·🇧🇪 Belgium·NYSE

Revenue (TTM)$1.7B

Net Income (TTM)$163M

EPS (TTM)$0.66

Free Cash Flow (TTM)-$934M

Gross Margin35.5%

Op. Margin27.1%

Net Margin9.7%

FCF Margin-55.9%

P/S Ratio (TTM)1.9x

P/E Ratio (TTM)19.1x

YoY Rev Growth+78.3%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$343M	$194M	$177M
Q2 23	$349M	$194M	$183M
Q3 23	$271M	$126M	$113M
Q4 23	$278M	$128M	$105M
Q1 24	$239M	$112M	$94M
Q2 24	$251M	$110M	$217M
Q3 24	$222M	$88M	$137M
Q4 24	$226M	$85M	$138M
Q1 25	$235M	$72M	$103M
Q2 25	$388M	$81M	$60M
Q3 25	$454M	$225M	$129M
Q4 25	$594M	$216M	$161M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	2.8x	7.2x
Q2 23	2.4x	5.2x
Q3 23	2.3x	4.5x
Q4 23	2.5x	3.6x
Q1 24	2.7x	2.6x
Q2 24	3.0x	2.6x
Q3 24	3.1x	2.6x
Q4 24	3.3x	3.6x
Q1 25	3.3x	7.4x
Q2 25	2.9x	12.8x
Q3 25	2.4x	18.9x
Q4 25	1.9x	19.1x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 22	$173M	$90M
Q1 23	$205M	$72M
Q2 23	$227M	$149M
Q3 23	$146M	$89M
Q4 23	$265M	$192M
Q1 24	$225M	$86M
Q2 24	$41M	-$264M
Q3 24	$83M	-$160M
Q4 24	$107M	-$310M
Q1 25	$37M	-$198M
Q2 25	$44M	-$292M
Q3 25	$144M	-$134M

Capital Expenditures

CapEx

Quarter	CapEx
Q4 22	$83M
Q1 23	$133M
Q2 23	$77M
Q3 23	$57M
Q4 23	$73M
Q1 24	$139M
Q2 24	$306M
Q3 24	$243M
Q4 24	$417M
Q1 25	$234M
Q2 25	$336M
Q3 25	$277M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+204.4%	+12.7%
Q2 23	+138.3%	+4.9%
Q3 23	+24.3%	-12.9%
Q4 23	-28.0%	-6.4%
Q1 24	-30.4%	-12.9%
Q2 24	-28.1%	-79.9%
Q3 24	-18.0%	-46.2%
Q4 24	-18.7%	-49.0%
Q1 25	-1.6%	-8.6%
Q2 25	+54.7%	+885.1%
Q3 25	+104.8%	+283.7%
Q4 25	+163.0%	+392.4%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 22	$0	0.0%
Q1 23	$0	0.0%
Q2 23	$0	0.0%
Q3 23	$0	0.0%
Q4 23	$0	0.0%
Q1 24	$0	0.0%
Q2 24	$0	0.0%
Q3 24	$0	0.0%
Q4 24	$0	0.0%
Q1 25	$0	0.0%
Q2 25	$0	0.0%
Q3 25	$0	0.0%

OpEx Breakdown

Quarter	G&A	S&M	SG&A
Q1 23	$17M	$167K	—
Q2 23	$10M	$23K	—
Q3 23	$14M	—	—
Q4 23	$19M	$4M	—
Q1 24	$18M	—	—
Q2 24	$19M	—	—
Q3 24	$18M	—	—
Q4 24	$23M	—	—
Q1 25	$23M	—	—
Q2 25	$34M	—	—
Q3 25	$36M	—	—
Q4 25	—	—	$53M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$209M	$0	$209M
Q2 23	$164M	$0	$164M
Q3 23	$160M	$0	$160M
Q4 23	$429M	$0	$429M
Q1 24	$508M	$0	$508M
Q2 24	$344M	$0	$344M
Q3 24	$48M	$0	$48M
Q4 24	$39M	$0	$39M
Q1 25	$163M	$0	$163M
Q2 25	$156M	$0	$156M
Q3 25	$82M	$0	$82M
Q4 25	$147M	$0	$147M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	202M	+0.0%
Q2 23	202M	-0.0%
Q3 23	202M	+0.0%
Q4 23	202M	+0.1%
Q1 24	202M	-0.3%
Q2 24	194M	-3.6%
Q3 24	194M	+0.0%
Q4 24	195M	+0.5%
Q1 25	194M	-0.5%
Q2 25	194M	+0.0%
Q3 25	239M	+22.8%
Q4 25	290M	+21.6%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 16	$214K	3K
FY 17	$185K	3K
FY 18	$200K	3K
FY 19	$321K	3K
FY 20	$349K	4K
FY 21	$128K	3K
FY 22	$295K	3K
FY 23	$384K	3K
FY 24	$339K	3K
FY 25	$626K	3K