v3.25.3

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 98,955	$ 54,066
Accounts receivable, net	78,571	63,834
Inventories	105,471	92,639
Other current assets	10,891	9,499
Income taxes receivable	1,588	632
Total current assets	295,476	220,670
Property, plant and equipment, net	78,107	76,605
Finance Lease Assets	1,963	2,171
Operating lease assets	5,856	5,584
Other long-term assets	22,604	17,389
Intangible assets, net	424,459	434,662
Goodwill	705,581	693,537
Total assets	1,534,046	1,450,618
Current liabilities:
Accounts payable	17,653	12,086
Current portion of finance lease liabilities	261	232
Current portion of operating lease liabilities	699	603
Income taxes payable	2,622	1,984
Accrued expenses and other current liabilities	28,648	26,901
Total current liabilities	49,883	41,806
Deferred income taxes	34,361	32,892
Long-term debt, net	279,357	277,293
Finance lease liabilities	2,967	3,170
Operating lease liabilities	5,347	5,136
Other long-term liabilities	1,935	1,816
Total liabilities	373,850	362,113
Commitments and contingencies
Equity:
Preferred stock, $0.01 par value, 1,000,000 shares authorized and no shares issued or outstanding
Common stock, $0.01 par value, 485,000,000 shares authorized; 93,622,471 and 93,556,071 issued and outstanding at September 30, 2025 and December 31, 2024, respectively	936	936
Additional paid-in capital	1,120,701	1,108,225
Retained earnings (accumulated deficit)	39,075	(20,560)
Accumulated other comprehensive loss	(516)	(96)
Total equity	1,160,196	1,088,505
Total liabilities and equity	$ 1,534,046	$ 1,450,618

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Loar Holdings Inc. 10-Q