# Latch, Inc.: financial statements, quarterly

LTCH · OTC · CIK 1826000 · [Consumer discretionary](/sectors/consumer-discretionary.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/ltch.md) · [Financials](/companies/ltch/financials.md) · [Filings](/companies/ltch/filings.md) · [Insiders](/companies/ltch/insiders.md)

Standardized line items from XBRL company facts. Each value links to its filing; d marks a value derived from year-to-date figures. Other view: [annual](/companies/ltch/financials.md?period=annual).

## Income statement

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [9.7](/filings/0001826000-25-000072.md) | [14.0 d](/filings/0001826000-25-000076.md) | [12.0](/filings/0001826000-26-000006.md) | [12.9](/filings/0001826000-26-000014.md) | [14.9](/filings/0001826000-26-000022.md) | [16.7 d](/filings/0001826000-26-000030.md) | [15.8](/filings/0001826000-26-000043.md) | [19.1](/filings/0001826000-26-000048.md) | [17.4](/filings/0001826000-26-000022.md) | [17.9 d](/filings/0001826000-26-000030.md) | [15.7](/filings/0001826000-26-000043.md) | [15.6](/filings/0001826000-26-000048.md) |
| Cost of revenue | $m | [3.6](/filings/0001826000-25-000072.md) | [9.1 d](/filings/0001826000-25-000076.md) | [5.6](/filings/0001826000-26-000006.md) | [7.0](/filings/0001826000-26-000014.md) | [8.9](/filings/0001826000-26-000022.md) | [10.2 d](/filings/0001826000-26-000030.md) | [8.3](/filings/0001826000-26-000043.md) | [10.9](/filings/0001826000-26-000014.md) | [9.7](/filings/0001826000-26-000022.md) | [14.4 d](/filings/0001826000-26-000030.md) | [7.5](/filings/0001826000-26-000043.md) | not reported |
| Research and development | $m | [10.2](/filings/0001826000-25-000072.md) | [5.8 d](/filings/0001826000-25-000076.md) | [4.2](/filings/0001826000-26-000006.md) | [2.9](/filings/0001826000-26-000014.md) | [4.9](/filings/0001826000-26-000022.md) | [5.3 d](/filings/0001826000-26-000030.md) | [5.6](/filings/0001826000-26-000043.md) | [4.5](/filings/0001826000-26-000048.md) | [3.8](/filings/0001826000-26-000022.md) | [4.5 d](/filings/0001826000-26-000030.md) | [3.8](/filings/0001826000-26-000043.md) | [4.1](/filings/0001826000-26-000048.md) |
| Operating income | $m | [(28.6)](/filings/0001826000-25-000072.md) | [(17.2) d](/filings/0001826000-25-000076.md) | [(14.0)](/filings/0001826000-26-000006.md) | [(17.8)](/filings/0001826000-26-000014.md) | [(17.4)](/filings/0001826000-26-000022.md) | [(10.2) d](/filings/0001826000-26-000030.md) | [(11.0)](/filings/0001826000-26-000043.md) | [(7.6)](/filings/0001826000-26-000048.md) | [(6.3)](/filings/0001826000-26-000022.md) | [(27.8) d](/filings/0001826000-26-000030.md) | [(5.5)](/filings/0001826000-26-000043.md) | [(7.2)](/filings/0001826000-26-000048.md) |
| Interest expense | $m | [1.7](/filings/0001826000-25-000072.md) | [1.6 d](/filings/0001826000-25-000076.md) | [1.6](/filings/0001826000-26-000006.md) | [1.1](/filings/0001826000-26-000014.md) | [0.9](/filings/0001826000-26-000022.md) | [0.9 d](/filings/0001826000-26-000030.md) | [0.9](/filings/0001826000-26-000043.md) | [0.8](/filings/0001826000-26-000048.md) | [0.7](/filings/0001826000-26-000022.md) | [0.7 d](/filings/0001826000-26-000030.md) | [0.6](/filings/0001826000-26-000043.md) | [0.5](/filings/0001826000-26-000048.md) |
| Income tax | $m | [0.0](/filings/0001826000-25-000072.md) | [0.0 d](/filings/0001826000-25-000076.md) | [0.0](/filings/0001826000-26-000006.md) | [0.0](/filings/0001826000-26-000014.md) | [0.0](/filings/0001826000-26-000022.md) | [0.0 d](/filings/0001826000-26-000030.md) | [0.0](/filings/0001826000-26-000043.md) | [0.0](/filings/0001826000-26-000048.md) | [0.0](/filings/0001826000-26-000022.md) | [0.0 d](/filings/0001826000-26-000030.md) | [0.0](/filings/0001826000-26-000043.md) | [0.0](/filings/0001826000-26-000048.md) |
| Net income | $m | [(27.3)](/filings/0001826000-25-000072.md) | [(16.5) d](/filings/0001826000-25-000076.md) | [(13.6)](/filings/0001826000-26-000022.md) | [(16.9)](/filings/0001826000-26-000022.md) | [(17.1)](/filings/0001826000-26-000022.md) | [(10.0) d](/filings/0001826000-26-000030.md) | [(11.3)](/filings/0001826000-26-000048.md) | [(7.8)](/filings/0001826000-26-000048.md) | [(6.6)](/filings/0001826000-26-000022.md) | [(28.1) d](/filings/0001826000-26-000030.md) | [(5.9)](/filings/0001826000-26-000048.md) | [(6.9)](/filings/0001826000-26-000048.md) |
| Diluted EPS | $ per share | [(0.18)](/filings/0001826000-25-000072.md) | not reported | [(0.09)](/filings/0001826000-26-000006.md) | [(0.11)](/filings/0001826000-26-000014.md) | [(0.11)](/filings/0001826000-26-000022.md) | not reported | [(0.07)](/filings/0001826000-26-000043.md) | [(0.05)](/filings/0001826000-26-000048.md) | [(0.04)](/filings/0001826000-26-000022.md) | not reported | [(0.04)](/filings/0001826000-26-000043.md) | [(0.04)](/filings/0001826000-26-000048.md) |
| Basic EPS | $ per share | [(0.18)](/filings/0001826000-25-000072.md) | not reported | [(0.09)](/filings/0001826000-26-000006.md) | [(0.11)](/filings/0001826000-26-000014.md) | [(0.11)](/filings/0001826000-26-000022.md) | not reported | [(0.07)](/filings/0001826000-26-000043.md) | [(0.05)](/filings/0001826000-26-000048.md) | [(0.04)](/filings/0001826000-26-000022.md) | not reported | [(0.04)](/filings/0001826000-26-000043.md) | [(0.04)](/filings/0001826000-26-000048.md) |

- Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
- Cost of revenue: us-gaap:CostOfRevenue
- Research and development: us-gaap:ResearchAndDevelopmentExpense
- Operating income: us-gaap:OperatingIncomeLoss
- Interest expense: us-gaap:InterestExpenseNonoperating
- Income tax: us-gaap:IncomeTaxExpenseBenefit
- Net income: us-gaap:NetIncomeLoss
- Diluted EPS: us-gaap:EarningsPerShareDiluted
- Basic EPS: us-gaap:EarningsPerShareBasic

## Balance sheet

| Line item | Unit | Q3 FY2023 (2023-09-30) | FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | $m | [56.3](/filings/0001826000-25-000033.md) | [94.7](/filings/0001826000-25-000076.md) | [109](/filings/0001826000-25-000069.md) | [87.5](/filings/0001826000-25-000071.md) | [82.6](/filings/0001826000-25-000072.md) | [70.2](/filings/0001826000-26-000030.md) | [58.7](/filings/0001826000-26-000006.md) | [46.7](/filings/0001826000-26-000014.md) | [42.6](/filings/0001826000-26-000022.md) | [34.6](/filings/0001826000-26-000048.md) | [27.9](/filings/0001826000-26-000043.md) | [19.1](/filings/0001826000-26-000048.md) |
| Current assets | $m | [231](/filings/0001826000-25-000033.md) | [237](/filings/0001826000-25-000076.md) | [203](/filings/0001826000-25-000069.md) | [171](/filings/0001826000-25-000071.md) | [150](/filings/0001826000-25-000072.md) | [130](/filings/0001826000-26-000030.md) | [112](/filings/0001826000-26-000006.md) | [93.4](/filings/0001826000-26-000014.md) | [79.6](/filings/0001826000-26-000022.md) | [64.9](/filings/0001826000-26-000048.md) | [57.7](/filings/0001826000-26-000043.md) | [47.8](/filings/0001826000-26-000048.md) |
| Total assets | $m | [290](/filings/0001826000-25-000033.md) | [294](/filings/0001826000-25-000076.md) | [264](/filings/0001826000-25-000069.md) | [231](/filings/0001826000-25-000071.md) | [214](/filings/0001826000-25-000072.md) | [196](/filings/0001826000-26-000030.md) | [174](/filings/0001826000-26-000006.md) | [155](/filings/0001826000-26-000014.md) | [142](/filings/0001826000-26-000022.md) | [107](/filings/0001826000-26-000048.md) | [99.4](/filings/0001826000-26-000043.md) | [93.4](/filings/0001826000-26-000048.md) |
| Current liabilities | $m | [76.3](/filings/0001826000-25-000033.md) | [94.3](/filings/0001826000-25-000076.md) | [76.4](/filings/0001826000-25-000069.md) | [60.2](/filings/0001826000-25-000071.md) | [55.5](/filings/0001826000-25-000072.md) | [57.2](/filings/0001826000-26-000030.md) | [47.8](/filings/0001826000-26-000006.md) | [38.5](/filings/0001826000-26-000014.md) | [33.4](/filings/0001826000-26-000022.md) | [28.2](/filings/0001826000-26-000048.md) | [28.1](/filings/0001826000-26-000043.md) | [28.4](/filings/0001826000-26-000048.md) |
| Total liabilities | $m | [106](/filings/0001826000-25-000033.md) | [125](/filings/0001826000-25-000076.md) | [106](/filings/0001826000-25-000069.md) | [87.9](/filings/0001826000-25-000071.md) | [86.1](/filings/0001826000-25-000072.md) | [85.2](/filings/0001826000-26-000030.md) | [74.0](/filings/0001826000-26-000006.md) | [62.7](/filings/0001826000-26-000014.md) | [55.7](/filings/0001826000-26-000022.md) | [48.8](/filings/0001826000-26-000048.md) | [47.1](/filings/0001826000-26-000043.md) | [47.7](/filings/0001826000-26-000048.md) |
| Long-term debt | $m | not reported | [0.0](/filings/0001826000-25-000076.md) | not reported | not reported | [4.8](/filings/0001826000-25-000072.md) | [4.5](/filings/0001826000-26-000030.md) | [4.3](/filings/0001826000-26-000006.md) | [4.0](/filings/0001826000-26-000014.md) | [3.7](/filings/0001826000-26-000022.md) | [3.3](/filings/0001826000-26-000048.md) | [3.0](/filings/0001826000-26-000043.md) | [4.4](/filings/0001826000-26-000048.md) |
| Current portion of debt | $m | not reported | [22.0](/filings/0001826000-25-000076.md) | [22.0](/filings/0001826000-25-000069.md) | [0.0](/filings/0001826000-25-000071.md) | [1.0](/filings/0001826000-25-000072.md) | [1.3](/filings/0001826000-26-000030.md) | [1.3](/filings/0001826000-26-000006.md) | [1.3](/filings/0001826000-26-000014.md) | [1.3](/filings/0001826000-26-000022.md) | [1.3](/filings/0001826000-26-000048.md) | [1.3](/filings/0001826000-26-000043.md) | [0.0](/filings/0001826000-26-000048.md) |
| Shareholders' equity | $m | [183](/filings/0001826000-25-000072.md) | [169](/filings/0001826000-26-000030.md) | [158](/filings/0001826000-26-000022.md) | [143](/filings/0001826000-26-000022.md) | [127](/filings/0001826000-26-000022.md) | [111](/filings/0001826000-26-000048.md) | [100](/filings/0001826000-26-000048.md) | [92.3](/filings/0001826000-26-000048.md) | [85.9](/filings/0001826000-26-000022.md) | [58.0](/filings/0001826000-26-000048.md) | [52.3](/filings/0001826000-26-000048.md) | [45.8](/filings/0001826000-26-000048.md) |

- Cash and equivalents: us-gaap:CashAndCashEquivalentsAtCarryingValue
- Current assets: us-gaap:AssetsCurrent
- Total assets: us-gaap:Assets
- Current liabilities: us-gaap:LiabilitiesCurrent
- Total liabilities: us-gaap:Liabilities
- Long-term debt: us-gaap:LongTermDebtNoncurrent
- Current portion of debt: us-gaap:LongTermDebtCurrent
- Shareholders' equity: us-gaap:StockholdersEquity

## Cash flow

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Operating cash flow | $m | [(28.6) d](/filings/0001826000-25-000072.md) | [8.3 d](/filings/0001826000-25-000076.md) | [(31.1)](/filings/0001826000-26-000006.md) | [(13.4) d](/filings/0001826000-26-000014.md) | [(17.5) d](/filings/0001826000-26-000022.md) | [(13.4) d](/filings/0001826000-26-000030.md) | [(10.1)](/filings/0001826000-26-000043.md) | [(13.1) d](/filings/0001826000-26-000048.md) | [(4.9) d](/filings/0001826000-26-000022.md) | [(7.8) d](/filings/0001826000-26-000030.md) | [(5.1)](/filings/0001826000-26-000043.md) | [(3.3) d](/filings/0001826000-26-000048.md) |
| Capital expenditure | $m | [0.1 d](/filings/0001826000-25-000072.md) | [0.2 d](/filings/0001826000-25-000076.md) | [0.0](/filings/0001826000-26-000006.md) | [0.0 d](/filings/0001826000-26-000014.md) | [0.2 d](/filings/0001826000-26-000022.md) | [0.5 d](/filings/0001826000-26-000030.md) | [0.0](/filings/0001826000-26-000006.md) | [0.1 d](/filings/0001826000-26-000048.md) | [(0.0) d](/filings/0001826000-26-000022.md) | [0.0 d](/filings/0001826000-26-000030.md) | not reported | not reported |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities
- Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment

## Shares

| Line item | Unit | Q4 FY2022 (2022-12-31) | Q1 FY2023 (2023-03-31) | Q2 FY2023 (2023-06-30) | Q3 FY2023 (2023-09-30) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Diluted shares (weighted) | millions of shares | [145](/filings/0001826000-24-000073.md) | [145](/filings/0001826000-25-000069.md) | [145](/filings/0001826000-25-000071.md) | [154](/filings/0001826000-25-000072.md) | [156](/filings/0001826000-26-000006.md) | [156](/filings/0001826000-26-000014.md) | [156](/filings/0001826000-26-000022.md) | [160](/filings/0001826000-26-000043.md) | [160](/filings/0001826000-26-000048.md) | [160](/filings/0001826000-26-000022.md) | [161](/filings/0001826000-26-000043.md) | [161](/filings/0001826000-26-000048.md) |

- Diluted shares (weighted): us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Shares outstanding: 165,656,201 at 2026-08-07, from the cover of the [10-Q filed 2026-08-10](/filings/0001826000-26-000048.md) (dei:EntityCommonStockSharesOutstanding).

Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 24, 2026, 15:48 ET. No prices; not investment advice.