P10, Inc.
For the period ended Sep 30, 2025. Filed Nov 7, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 7, 2025
RPC$9.96+2.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Financial Statements (Unaudited)Consolidated Balance Sheets
Consolidated Balance Sheets
(in thousands, except share amounts)
| As of | As of | |
|---|---|---|
| September 30, | December 31, | |
| 2025 | 2024 | |
| (unaudited) | ||
| ASSETS | ||
| Cash and cash equivalents | $39,991 | $67,455 |
| Restricted cash | 832 | 660 |
| Accounts receivable | 22,507 | 32,313 |
| Notes receivable | 6,372 | 7,534 |
| Due from related parties | 96,629 | 81,909 |
| Investment in unconsolidated subsidiaries | 1,421 | 2,781 |
| Prepaid expenses and other assets | 20,186 | 5,108 |
| Property and equipment, net | 9,685 | 6,760 |
| Right-of-use assets | 24,757 | 17,555 |
| Contingent payments to customers | 9,518 | 10,028 |
| Deferred tax assets, net | 31,854 | 33,545 |
| Intangibles, net | 113,392 | 97,589 |
| Goodwill | 558,866 | 506,038 |
| Total assets | $936,010 | $869,275 |
| LIABILITIES AND EQUITY | ||
| LIABILITIES: | ||
| Accounts payable and accrued expenses | $23,532 | $30,208 |
| Accrued compensation and benefits | 24,938 | 69,544 |
| Due to related parties | 1,948 | 3,374 |
| Other liabilities | 351 | 184 |
| Derivative liabilities | 176 | - |
| Contingent consideration | 14,921 | 2,214 |
| Accrued contingent liabilities | 24,118 | 23,878 |
| Deferred revenues | 17,222 | 12,609 |
| Lease liabilities | 30,677 | 20,591 |
| Deferred tax liabilities, net | 7,943 | - |
| Debt obligations | 393,394 | 319,783 |
| Total liabilities | 539,220 | 482,385 |
| COMMITMENTS AND CONTINGENCIES (NOTE 14) | ||
| EQUITY: | ||
| Class A common stock, $0.001 par value; 510,000,000 shares authorized; 90,100,041 issued and 77,914,619 outstanding as of September 30, 2025, and 75,974,076 issued and 67,614,875 outstanding as of December 31, 2024, respectively | 78 | 68 |
| Class B common stock, $0.001 par value; 180,000,000 shares authorized; 32,126,425 shares issued and 32,002,974 shares outstanding as of September 30, 2025, and 43,584,893 shares issued and 43,461,442 shares outstanding as of December 31, 2024, respectively | 32 | 43 |
| Treasury stock | (119,125) | (76,648) |
| Additional paid-in-capital | 663,990 | 637,848 |
| Accumulated deficit | (204,262) | (214,312) |
| Accumulated other comprehensive income | 4,065 | - |
| Noncontrolling interests | 52,012 | 39,891 |
| Total equity | 396,790 | 386,890 |
| TOTAL LIABILITIES AND EQUITY | $936,010 | $869,275 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.