Gloo Holdings, Inc.
For the period ended Oct 31, 2025. Filed Dec 23, 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.
Oct 31, 2025 · Filed Dec 23, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
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FINANCIAL INFORMATION Financial Statements (Unaudited)Condensed Consolidated Balance Sheets
Condensed Consoli dated Balance Sheets
(unaudited)
| October 31, | January 31, | |
|---|---|---|
| 2025 | 2025 | |
| (in thousands, except unit data) | ||
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $15,134 | $13,592 |
| Restricted cash | 255 | 252 |
| Accounts receivable, net of allowance for credit losses of $9 and $68, respectively(1) | 8,005 | 623 |
| Inventory | 1,303 | 1,460 |
| Contract assets | 5,004 | — |
| Prepaid expenses and other current assets | 9,336 | 2,388 |
| Total current assets | 39,037 | 18,315 |
| Property and equipment, net | 3,650 | 2,303 |
| Capitalized software, net | 28,768 | 23,578 |
| ROU operating lease asset (2) | 8,041 | 3,835 |
| Long-term investments | 100 | 33,252 |
| Other non-current assets | 1,372 | 209 |
| Intangible assets, net | 31,971 | 11,431 |
| Goodwill | 93,761 | 27,901 |
| Total assets | $206,700 | $120,824 |
| LIABILITIES, MEZZANINE EQUITY, AND MEMBERS’ DEFICIT | ||
| Current liabilities: | ||
| Accounts payable (3) | $9,289 | $3,613 |
| Accrued compensation | 6,852 | 4,538 |
| Accrued liabilities | 11,530 | 3,521 |
| Acquisition-related liabilities, current | 2,039 | 1,350 |
| Deferred revenue | 8,889 | 3,725 |
| Debt, current (4) | 7,231 | 3,177 |
| Lease liabilities, current (5) | 1,582 | 685 |
| Total current liabilities | 47,412 | 20,609 |
| Acquisition-related liabilities, non-current | 723 | 100 |
| Debt, non-current (6) | 162,653 | 66,959 |
| Lease liabilities, non-current (7) | 6,728 | 3,095 |
| Derivative liability (8) | 33,673 | 832 |
| Deferred income taxes | 2,839 | 1,911 |
| Other non-current liabilities | 10,801 | 13,426 |
| Total liabilities | $264,829 | $106,932 |
| Commitment and Contingencies (See Note 12) | ||
| Mezzanine Equity: | ||
| Series A Preferred Units (no par value; 39,250,615 authorized as of October 31, 2025 and January 31, 2025; 38,523,781 and 37,532,207 units issued and outstanding as of October 31, 2025 and January 31, 2025, respectively; and aggregate liquidation preference of $461.9 million and $432.7 million as of October 31, 2025 and January 31, 2025, respectively) | 364,411 | 351,887 |
| Redeemable noncontrolling interests | 3,233 | — |
| Total mezzanine equity | 367,644 | 351,887 |
| Members’ Deficit: | ||
| Common member units (no par value; 13,217,025 units authorized as of October 31, 2025 and January 31, 2025, respectively; and 8,345,221 and 8,201,191 units issued and outstanding as of October 31, 2025 and January 31, 2025, respectively) | — | — |
| Additional paid-in capital | 31,555 | 23,591 |
| Accumulated deficit | (476,112) | (368,312) |
| Accumulated other comprehensive income | 189 | — |
| Deficit attributable to members of Gloo Holdings, LLC | (444,368) | (344,721) |
| Equity attributable to noncontrolling interests | 18,594 | 6,726 |
| Total members’ deficit | (425,774) | (337,995) |
| Total liabilities, mezzanine equity, and members’ deficit | $206,700 | $120,824 |
(1)
Includes related party accounts receivable of $– million and $0.2 million as of October 31, 2025 and January 31, 2025, respectively.
(2)
Includes related party leases of $4.4 million and $3.6 million as of October 31, 2025 and January 31, 2025, respectively.
(3)
Includes related party accounts payable of $– million and $0.6 million as of October 31, 2025 and January 31, 2025, respectively.
(4)
Includes current debt from related parties of $2.8 million and $0.1 million as of October 31, 2025 and January 31, 2025, respectively.
(5)
Includes related party leases of $0.7 million and $0.5 million as of October 31, 2025 and January 31, 2025, respectively.
(6)
Includes non-current debt from related parties of $138.4 million and $56.2 million as of October 31, 2025 and January 31, 2025, respectively.
(7)
Includes related party leases of $3.8 million and $3.1 million as of October 31, 2025 and January 31, 2025, respectively.
(8)
Includes the derivative liability associated with non-current debt from related parties of $29.9 million and $0.8 million as of October 31, 2025 and January 31, 2025, respectively.
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