Latch, Inc. financial data

Location
Olivette, MO
Fiscal year end
31 December
Latest financial report
10-Q - Q3 2025 - 11 Feb 2026

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 235% % -12%
Quick Ratio 38% % 109%
Debt-to-equity 71% % 5%
Return On Equity -37% % 15%
Return On Assets -21% % 16%
Operating Margin -51% % 58%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 164,257,801 shares 2%
Common Stock, Shares, Outstanding 163,296,812 shares -6.9%
Entity Public Float $44,700,000 USD -72%
Common Stock, Value, Issued $19,000 USD 0%
Weighted Average Number of Shares Outstanding, Basic 160,435,461 shares 2.6%
Weighted Average Number of Shares Outstanding, Diluted 160,435,461 shares 2.6%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax $68,969,000 USD 28%
Cost of Revenue $39,043,000 USD 28%
Research and Development Expense $19,148,000 USD 7.3%
Selling and Marketing Expense $15,543,000 USD 37%
General and Administrative Expense $21,875,000 USD -59%
Operating Income (Loss) $35,289,000 USD 47%
Nonoperating Income (Expense) $358,000 USD -116%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $35,647,000 USD 44%
Income Tax Expense (Benefit) $0 USD -100%
Net Income (Loss) Attributable to Parent $35,647,000 USD 44%
Earnings Per Share, Basic -0.22 USD/shares 46%
Earnings Per Share, Diluted -0.22 USD/shares 46%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $42,576,000 USD -48%
Accounts Receivable, after Allowance for Credit Loss, Current $7,918,000 USD -27%
Inventory, Net $15,124,000 USD 14%
Assets, Current $79,613,000 USD -47%
Property, Plant and Equipment, Net $921,000 USD 25%
Operating Lease, Right-of-Use Asset $2,779,000 USD -0.61%
Intangible Assets, Net (Excluding Goodwill) $2,382,000 USD -58%
Goodwill $30,205,000 USD 0%
Other Assets, Noncurrent $4,819,000 USD -19%
Assets $141,613,000 USD -34%
Accounts Payable, Current $6,993,000 USD 126%
Accrued Liabilities, Current $12,910,000 USD -66%
Contract with Customer, Liability, Current $11,451,000 USD -3.8%
Liabilities, Current $33,398,000 USD -40%
Contract with Customer, Liability, Noncurrent $16,506,000 USD -22%
Other Liabilities, Noncurrent $2,175,000 USD -16%
Liabilities $55,734,000 USD -35%
Accumulated Other Comprehensive Income (Loss), Net of Tax $26,000 USD 160%
Retained Earnings (Accumulated Deficit) $684,403,000 USD -5.5%
Stockholders' Equity Attributable to Parent $85,879,000 USD -33%
Liabilities and Equity $141,613,000 USD -34%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $10,137,000 USD 67%
Net Cash Provided by (Used in) Financing Activities $223,000 USD
Net Cash Provided by (Used in) Investing Activities $935,000 USD -102%
Common Stock, Shares Authorized 1,000,000,000 shares 0%
Common Stock, Shares, Issued 163,296,812 shares -6.9%
Common Stock, Par or Stated Value Per Share 0.0001 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $11,486,000 USD -182%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $42,576,000 USD -48%
Deferred Tax Assets, Valuation Allowance $172,919,000 USD 18%
Deferred Tax Assets, Gross $174,423,000 USD 16%
Operating Lease, Liability $2,894,000 USD 5.1%
Payments to Acquire Property, Plant, and Equipment $0 USD -100%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $35,631,000 USD 44%
Lessee, Operating Lease, Liability, to be Paid $4,332,000 USD 3.6%
Property, Plant and Equipment, Gross $6,600,000 USD 10%
Lessee, Operating Lease, Liability, to be Paid, Year Two $407,000 USD -36%
Lessee, Operating Lease, Liability, to be Paid, Year One $704,000 USD 20%
Operating Lease, Weighted Average Discount Rate, Percent 0.1 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $1,438,000 USD 0.7%
Lessee, Operating Lease, Liability, to be Paid, Year Three $419,000 USD 26%
Deferred Tax Assets, Operating Loss Carryforwards $141,425,000 USD 32%
Preferred Stock, Shares Authorized 100,000,000 shares 0%
Unrecognized Tax Benefits $0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four $432,000 USD 26%
Additional Paid in Capital $770,238,000 USD -0.76%
Amortization of Intangible Assets $530,000 USD -40%
Depreciation, Depletion and Amortization $5,800,000 USD -21%
Deferred Tax Assets, Net of Valuation Allowance $1,504,000 USD -58%
Share-based Payment Arrangement, Expense $5,973,000 USD -173%
Preferred Stock, Par or Stated Value Per Share 0.0001 USD/shares 0%