Latch, Inc. financial data

Location
Olivette, MO
Fiscal year end
31 December
Latest financial report
10-Q - Q1 2025 - 13 Jan 2026

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 255% % -15%
Quick Ratio 27% % 15%
Debt-to-equity 69% % 13%
Return On Equity -46% % 9.4%
Return On Assets -27% % 14%
Operating Margin -94% % 53%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 164,257,801 shares 2%
Common Stock, Shares, Outstanding 164,087,277 shares -6.5%
Entity Public Float $44,700,000 USD -72%
Common Stock, Value, Issued $19,000 USD 0%
Weighted Average Number of Shares Outstanding, Basic 160,272,142 shares 2.5%
Weighted Average Number of Shares Outstanding, Diluted 160,272,142 shares 2.5%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax $60,369,000 USD 32%
Cost of Revenue $34,350,000 USD 40%
Research and Development Expense $18,750,000 USD -35%
Selling and Marketing Expense $13,604,000 USD 2%
General and Administrative Expense $40,553,000 USD -35%
Operating Income (Loss) $56,565,000 USD 38%
Nonoperating Income (Expense) $1,356,000 USD -53%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $55,209,000 USD 37%
Income Tax Expense (Benefit) $0 USD -100%
Net Income (Loss) Attributable to Parent $55,209,000 USD 37%
Earnings Per Share, Basic -0.35 USD/shares 40%
Earnings Per Share, Diluted -0.35 USD/shares 40%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $58,717,000 USD -46%
Accounts Receivable, after Allowance for Credit Loss, Current $12,524,000 USD 61%
Inventory, Net $19,445,000 USD 86%
Assets, Current $111,636,000 USD -45%
Property, Plant and Equipment, Net $951,000 USD -8.5%
Operating Lease, Right-of-Use Asset $2,779,000 USD -0.61%
Intangible Assets, Net (Excluding Goodwill) $2,551,000 USD -48%
Goodwill $30,205,000 USD 18%
Other Assets, Noncurrent $5,161,000 USD -18%
Assets $174,142,000 USD -34%
Accounts Payable, Current $6,050,000 USD 150%
Accrued Liabilities, Current $28,570,000 USD -25%
Contract with Customer, Liability, Current $11,173,000 USD 4.9%
Liabilities, Current $47,753,000 USD -37%
Contract with Customer, Liability, Noncurrent $19,665,000 USD -27%
Other Liabilities, Noncurrent $2,252,000 USD -13%
Liabilities $73,972,000 USD -30%
Accumulated Other Comprehensive Income (Loss), Net of Tax $11,000 USD -42%
Retained Earnings (Accumulated Deficit) $669,972,000 USD -9%
Stockholders' Equity Attributable to Parent $100,170,000 USD -36%
Liabilities and Equity $174,142,000 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 164,087,277 shares -6.5%
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 $58,717,000 USD -46%
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 $55,217,000 USD 37%
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 $770,113,000 USD -0.28%
Amortization of Intangible Assets $830,000 USD 38%
Depreciation, Depletion and Amortization $6,828,000 USD -6.1%
Deferred Tax Assets, Net of Valuation Allowance $1,504,000 USD -58%
Share-based Payment Arrangement, Expense $2,399,000 USD -115%
Preferred Stock, Par or Stated Value Per Share 0.0001 USD/shares 0%