Versant Media Group, Inc.

For the period ended Jun 30, 2026. Filed Aug 6, 2026.

About this filing

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.

Jun 30, 2026 · Filed Aug 6, 2026

VSNT$34.93-0.5%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated and Combined Balance Sheets

CONDENSED CONSOLIDATED AND COMBINED BALANCE SHEETS (UNAUDITED)

	June 30,	December 31,
	2026	2025
(in millions, except share data)
Assets
Current Assets:
Cash and cash equivalents	$1,478	$55
Restricted cash	—	1,034
Receivables, net	1,326	1,151
Assets held for sale	—	196
Other current assets	133	66
Total current assets	2,937	2,502
Content costs	587	539
Investments	248	214
Property and equipment, net of accumulated depreciation of $632 million and $615 million	441	423
Intangible assets, net of accumulated amortization of $9,163 million and $8,848 million	499	924
Goodwill	7,804	7,611
Other noncurrent assets, net	224	120
Total assets	$12,740	$12,333
Liabilities and Equity
Current Liabilities:
Accounts payable	$268	$151
Deferred revenue	83	163
Accrued content obligations	245	105
Accrued employee costs	100	62
Current portion of long-term debt	113	—
Accrued expenses and other current liabilities	425	141
Total current liabilities	1,234	622
Deferred income taxes	110	191
Noncurrent content obligations	68	72
Long-term debt	2,841	983
Other noncurrent liabilities	263	63
Commitments and contingencies
Equity:
Preferred stock, no par value — authorized 20 million shares; none issued as of June 30, 2026	—	—
Class A common stock, $0.01 par value — authorized 7.5 billion shares; issued and outstanding 138,773,682 shares as of June 30, 2026	1	—
Class B common stock, $0.01 par value — authorized 75 million shares; issued and outstanding 377,775 shares as of June 30, 2026	—	—
Additional paid-in capital	7,723	—
Retained earnings	388	—
Net Comcast investment	—	10,299
Accumulated other comprehensive income (loss)	1	(7)
Total equity attributable to Versant	8,114	10,292
Noncontrolling interests	111	110
Total equity	8,224	10,402
Total liabilities and equity	$12,740	$12,333

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.