
Cannae Holdings Income Statement 2025-2011 | CNNE
Brief overview of financial results at Cannae Holdings
The figures are compared over a five-year interval. Revenue at Cannae Holdings moved from $3 billion in 2020 to $424 million in 2025. The five-year change reached −85.7%, while CAGR stood at −32.2%. The business finished the period with a smaller revenue base.
EBITDA was −$158 million at the beginning and −$108 million at the end of the period (+31.7%). EBITDA grew faster than revenue, indicating positive operating leverage. EBITDA margin moved from −5.3% to −25.4%. The business retained less EBITDA from each unit of revenue.
Across the five years, the net result shifted from $1.8 billion to −$513 million. A positive result was not sustained and the period ended with a loss.
The market value of the business moved from 3.3 billion dollars to 684 million dollars, or −79%. The negative valuation trend points to increased investor caution.
What the figures show
The indicators point to a weaker financial profile. The overall view is constrained by weak sales momentum, declining net profitability and a weaker market valuation. The next reporting periods will show whether revenue, margins, and final profitability can strengthen.
Annual Income Statement Cannae Holdings
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
684 M | 1.26 B | 1.6 B | 1.8 B | 2.69 B | 3.26 B | 2.97 B | 1.34 B | 1.24 B | - | - | - | - | - | - |
Shares |
56.5 M | 64.4 M | 73.4 M | 81.6 M | 90.1 M | 85.7 M | 72.2 M | 71.2 M | 70.6 M | - | - | - | - | - | - |
Historical Prices |
12.1 | 19.6 | 21.8 | 22 | 29.9 | 38 | 40.7 | 19.3 | 17.4 | - | - | - | - | - | - |
Net Income |
-513 M | -305 M | -313 M | -428 M | -287 M | 1.79 B | 77.3 M | 27.6 M | 109 M | -12.4 M | -22.9 M | - | - | - | - |
Revenue |
424 M | 452 M | 500 M | 483 M | 452 M | 2.97 B | 1.07 B | 1.21 B | 1.17 B | 1.18 B | 1.41 B | - | - | - | - |
Cost of Revenue |
358 M | 371 M | 475 M | 571 M | 80.1 M | - | - | 991 M | 991 M | 984 M | 85.4 M | - | - | - | - |
Gross Profit |
- | - | - | - | - | - | 66.9 M | 43.8 M | 75.3 M | 126 M | 134 M | - | - | - | - |
Operating Income |
-120 M | -104 M | -119 M | -145 M | -134 M | -188 M | -118 M | -146 M | -77.5 M | -2.2 M | -12.1 M | - | - | - | - |
Interest Expense |
- | - | 17.9 M | 12.3 M | 9.8 M | 9 M | 17.8 M | 4.7 M | 7 M | 5.2 M | 5.5 M | - | - | - | - |
EBITDA |
-108 M | -90.4 M | -99.9 M | -122 M | -107 M | -158 M | -66.5 M | -61.8 M | -29.1 M | 42.5 M | 37.7 M | - | - | - | - |
Operating Expenses |
- | - | - | - | - | - | 174 M | 167 M | 154 M | 128 M | 146 M | - | - | - | - |
General and Administrative Expenses |
- | - | - | - | - | - | - | - | 103 M | - | 85.4 M | - | - | - | - |
All numbers in USD currency
Quarterly Income Statement Cannae Holdings
| 2026-Q1 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
45.9 M | 54.7 M | 60.8 M | 62.3 M | 62.8 M | 62.4 M | 62.2 M | 70.8 M | 70.4 M | 72.1 M | 75.4 M | 76.1 M | 76.3 M | 79.6 M | 83.5 M | 85.9 M | 86.9 M | 88.8 M | 90.7 M | 91.5 M | 91.7 M | 91.3 M | 80.8 M | 79.1 M | 79.5 M | 71.6 M | 71.6 M | 71.6 M | 72.2 M | 71.6 M | 71.1 M | 70.6 M | 70.9 M | 70.6 M | 70.6 M | 70.6 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Income |
-32.1 M | -68.4 M | -239 M | -113 M | - | -13.6 M | -155 M | -89.9 M | - | -157 M | -87.2 M | -4.1 M | - | 55.3 M | -263 M | -248 M | - | -121 M | 176 M | -233 M | - | 132 M | 475 M | 648 M | - | 46.2 M | 23.4 M | -16.8 M | - | 1.5 M | -19.8 M | -1.1 M | - | -16.6 M | 126 M | 500 K | - | -26.4 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Revenue |
96.2 M | 107 M | 110 M | 103 M | - | 114 M | 118 M | 111 M | - | 16.2 M | 113 M | 209 M | - | 340 M | -19 M | -97.8 M | - | 18.5 M | 477 M | -140 M | - | 334 M | 689 M | 1.09 B | - | 351 M | 349 M | 275 M | - | 306 M | 370 M | 294 M | - | 281 M | 297 M | 275 M | - | 282 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cost of Revenue |
83.9 M | 88.6 M | 90.8 M | 91 M | - | 93 M | 92.1 M | 94.2 M | - | 116 M | 128 M | 132 M | - | 141 M | 148 M | 145 M | - | 155 M | 160 M | 148 M | - | 122 M | 101 M | 153 M | - | 220 M | 232 M | 227 M | - | 244 M | 240 M | 241 M | - | 243 M | 249 M | 16.5 M | - | 18 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Income |
-22.1 M | -13.2 M | -60.9 M | -21.4 M | - | -18.1 M | -23 M | -40.6 M | - | -51.9 M | -19.6 M | -22.7 M | - | -21.3 M | -27 M | -75.6 M | - | -24.8 M | -36.2 M | -36 M | - | -28.4 M | -45.7 M | -53.3 M | - | -21.5 M | -21.4 M | -11.1 M | - | -25.3 M | -68.1 M | -8 M | - | -20.8 M | -35.3 M | -6.2 M | - | -3.7 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Interest Expense |
- | - | - | - | - | - | 2 M | 2.6 M | - | 5.8 M | 4 M | 4.4 M | - | 3.6 M | 2.6 M | 2.4 M | - | 2.3 M | 2.5 M | 2.1 M | - | 1.6 M | 1 M | 3.8 M | - | 5.2 M | 5.5 M | 3.7 M | - | 400 K | 200 K | 3 M | - | 1.8 M | 1.4 M | 2.1 M | - | 1.3 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBITDA |
-19.5 M | -10.3 M | -57.9 M | -18.3 M | - | -14.8 M | -19.6 M | -37.3 M | - | -46 M | -15 M | -17.6 M | - | -15.6 M | -20.8 M | -69.8 M | - | -18.5 M | -29.8 M | -28.1 M | - | -21.9 M | -38.4 M | -44.9 M | - | 18.6 M | 5.9 M | 2.8 M | - | 20 M | -38.9 M | 6.3 M | - | 22.8 M | -3.5 M | 10.3 M | - | 41.6 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Expenses |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 294 M | 310 M | 289 M | - | 319 M | 370 M | 300 M | - | 302 M | 331 M | 282 M | - | 286 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
All numbers in USD currency
The income statement is one of the three key financial reports of a company Cannae Holdings (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.