COMPASS Pathways plc (CMPS) Balance Sheet
CMPS balance sheet, 2025
December 31, 2025 · U.S. dollars$210.3M assets = $263.2M liabilities + −$52.8M equity
Liabilities exceed assets: shareholders’ equity is negative (−$52.8M).
Both columns are drawn to the same scale: what CMPS owns equals what it owes plus shareholders’ equity. Hover a block for its value.
CMPS financial health
Descriptive bands, not a rating. Fiscal 2025.
CMPS balance sheet trends, 2018–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $26.4M2018 | $210.3M2025 | +34.5%/yr | |
| Total liabilities | $40.8M2018 | $263.2M2025 | +30.5%/yr | |
| Shareholders’ equity | −$14.4M2018 | −$52.8M2025 | — | |
| Cash & short-term investments | $22.9M2018 | $149.6M2025 | +30.7%/yr | |
| Total debt | $21.1M2019 | $20.9M2025 | −0.1%/yr | |
| Net cash (debt) | $3.9M2019 | $128.7M2025 | +$124.8M | |
| Working capital | $24.4M2018 | −$56.3M2025 | −$80.7M | |
| Book value per share | $5.472020 | −$0.572025 | — | |
| Current ratio | 14.242018 | 0.772025 | −13.46 | |
| Debt / equity | 2.482019 | 0.212024 | −2.27 | |
| Shares outstanding | 35.9M2020 | 93.5M2025 | +21.1%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
CMPS assets
CMPS liabilities and equity
CMPS debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
CMPS balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & short-term investments | $149.6M | $165.1M | $220.2M | $143.2M | $273.2M | $190.3M | $25.0M | $22.9M |
| Cash & equivalents | $149.6M | $165.1M | $220.2M | $143.2M | $273.2M | $190.3M | $25.0M | $22.9M |
| Receivables | $15.4M | $21.8M | $28.9M | $15.6M | $11.2M | $5.8M | $5.2M | $2.1M |
| Inventory | $0 | $0 | $1 | −$14.9M | −$10.8M | −$5.8M | $1.0M | $943,000 |
| Other current assets | $26.5M | $14.4M | $12.2M | $47.7M | $21.6M | $12.0M | $952,000 | $288,000 |
| Total current assets | $191.5M | $201.3M | $261.3M | $191.7M | $295.3M | $202.4M | $32.2M | $26.3M |
| Property, plant & equipment (net) | $3.4M | $2.2M | $4.7M | $2.6M | $4.1M | $245,000 | $218,000 | $108,000 |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $469,000 | $469,000 | $469,000 | $525,000 | $529,000 | $0 | $0 |
| Other non-current assets | $15.4M | $9.7M | $9.5M | $2.6M | $979,000 | $278,000 | $0 | $0 |
| Total assets | $210.3M | $213.7M | $276.0M | $197.3M | $300.9M | $203.5M | $32.4M | $26.4M |
| Liabilities | ||||||||
| Accounts payable | $15.2M | $12.3M | $5.9M | $4.8M | $2.6M | $2.7M | $1.3M | $694,000 |
| Short-term debt | $19.6M | $7.2M | $2.4M | $1.5M | $2.2M | — | $21.1M | — |
| Deferred revenue | — | — | $1.1M | — | $10.0M | — | $1.4M | — |
| Total current liabilities | $247.8M | $34.0M | $19.6M | $15.6M | $15.1M | $6.9M | $23.9M | $1.8M |
| Long-term debt | $14.1M | $24.7M | $28.8M | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $3.4M | $2.0M | $4.3M | $1.9M | $3.6M | $0 | — | — |
| Other long-term liabilities | $1.3M | $303,000 | $1.9M | $418,000 | $1.4M | $2.7M | $0 | $38.9M |
| Total liabilities | $263.2M | $59.0M | $50.2M | $16.0M | $16.5M | $6.9M | $23.9M | $40.8M |
| Shareholders' equity | ||||||||
| Common stock & paid-in capital | $973,000 | $702,000 | $635,000 | $440,000 | $435,000 | $367,000 | $111,000 | $122,000 |
| Retained earnings (deficit) | −$822.6M | −$534.7M | −$379.6M | −$261.1M | −$169.6M | −$97.9M | −$37.6M | −$18.0M |
| Accumulated other comprehensive income | −$14.8M | −$16.2M | −$16.9M | −$16.9M | $8.8M | $14.6M | −$98,000 | −$435,000 |
| Total shareholders' equity | −$52.8M | $154.7M | $225.7M | $181.3M | $284.4M | $196.6M | $8.5M | −$14.4M |
| Key figures | ||||||||
| Total debt | $20.9M | $32.2M | $33.0M | $1.9M | $3.6M | — | $21.1M | — |
| Net cash (debt) | $128.7M | $132.9M | $187.1M | $141.3M | $269.6M | — | $3.9M | — |
| Working capital | −$56.3M | $167.3M | $241.7M | $176.1M | $280.2M | $195.5M | $8.3M | $24.4M |
| Tangible book value | −$52.8M | $154.7M | $225.7M | $181.3M | $284.4M | $196.6M | $8.5M | −$14.4M |
| Book value per share | −$0.57 | $2.29 | $4.42 | $4.27 | $7.11 | $5.47 | — | — |
| Shares outstanding | 93.5M | 67.5M | 51.0M | 42.4M | 40.0M | 35.9M | — | — |
| Current ratio | 0.77 | 5.92 | 13.33 | 12.29 | 19.55 | 29.36 | 1.35 | 14.24 |
| Quick ratio | 0.67 | 5.49 | 12.71 | 10.18 | 18.83 | 28.44 | 1.26 | 13.57 |
| Debt / equity | — | 0.21 | 0.15 | 0.01 | 0.01 | — | 2.48 | — |
| Equity / assets | −25.1% | 72.4% | 81.8% | 91.9% | 94.5% | 96.6% | 26.3% | −54.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $433.3M | $466.0M | $149.6M | $185.9M | $221.9M | $260.1M | $165.1M | $207.0M | $228.6M | $262.9M | $220.2M | $248.0M |
| Cash & equivalents | $433.3M | $466.0M | $149.6M | $185.9M | $221.9M | $260.1M | $165.1M | $207.0M | $228.6M | $262.9M | $220.2M | $248.0M |
| Receivables | $0 | $15.1M | $15.4M | $0 | $37.3M | $31.3M | $21.8M | $13.0M | $21.1M | $17.5M | $28.9M | $25.0M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$13.0M | $0 | $0 | $1 | $9.7M |
| Other current assets | $42.4M | $29.7M | $26.5M | $56.5M | $17.2M | $14.0M | $14.4M | $26.7M | $15.4M | $15.1M | $12.2M | $2.1M |
| Total current assets | $475.7M | $510.9M | $191.5M | $242.4M | $276.4M | $305.5M | $201.3M | $233.7M | $265.1M | $295.5M | $261.3M | $284.8M |
| Property, plant & equipment (net) | $3.9M | $2.9M | $3.4M | $3.9M | $4.3M | $1.5M | $2.2M | $2.7M | $3.2M | $4.1M | $4.7M | $4.5M |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $469,000 | $0 | $0 | $469,000 | $469,000 | $469,000 |
| Other non-current assets | $24.9M | $18.0M | $15.4M | $9.3M | $12.8M | $12.2M | $9.7M | $10.9M | $10.3M | $8.9M | $9.5M | $9.3M |
| Total assets | $504.6M | $531.7M | $210.3M | $255.6M | $293.5M | $319.1M | $213.7M | $247.3M | $278.5M | $309.0M | $276.0M | $299.0M |
| Liabilities | ||||||||||||
| Accounts payable | $12.2M | $10.9M | $15.2M | $5.2M | $10.9M | $8.6M | $12.3M | $8.2M | $8.2M | $9.3M | $5.9M | $4.2M |
| Short-term debt | $1.9M | $2.1M | $19.6M | $14.6M | $10.0M | $10.2M | $7.2M | $4.5M | $2.4M | $2.4M | $2.4M | $2.1M |
| Deferred revenue | — | — | — | — | — | — | — | — | — | $1.1M | $1.1M | $427,000 |
| Total current liabilities | $367.3M | $153.8M | $247.8M | $197.4M | $31.3M | $30.0M | $34.0M | $26.2M | $22.0M | $19.4M | $19.6M | $15.3M |
| Long-term debt | $50.7M | $50.5M | $14.1M | $18.6M | $23.0M | $21.6M | $24.7M | $27.6M | $29.4M | $29.1M | $28.8M | $28.4M |
| Lease obligations | $3.9M | $2.8M | $3.4M | $3.9M | $4.4M | $1.5M | $2.0M | $2.8M | $3.2M | $3.7M | $4.3M | $4.1M |
| Other long-term liabilities | $2.0M | $779,000 | $1.3M | $2.0M | $76.7M | $72.1M | $303,000 | $459,000 | $799,000 | $1.3M | $1.9M | $2.0M |
| Total liabilities | $420.0M | $205.1M | $263.2M | $218.0M | $131.0M | $123.7M | $59.0M | $54.3M | $52.3M | $49.8M | $50.2M | $45.8M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $1.4M | $1.4M | $973,000 | $973,000 | $946,000 | $938,000 | $702,000 | $699,000 | $699,000 | $699,000 | $635,000 | $634,000 |
| Retained earnings (deficit) | −$985.2M | −$731.4M | −$822.6M | −$728.7M | −$591.0M | −$552.6M | −$534.7M | −$491.4M | −$452.9M | −$414.8M | −$379.6M | −$347.1M |
| Accumulated other comprehensive income | −$14.7M | −$14.8M | −$14.8M | −$15.2M | −$14.6M | −$16.3M | −$16.2M | −$16.5M | −$16.9M | −$17.0M | −$16.9M | −$17.5M |
| Total shareholders' equity | $84.5M | $326.7M | −$52.8M | $37.6M | $162.6M | $195.5M | $154.7M | $193.0M | $226.3M | $259.2M | $225.7M | $253.3M |
| Key figures | ||||||||||||
| Total debt | $54.6M | $2.8M | $35.0M | $35.2M | $35.3M | $32.0M | $32.2M | $32.6M | $32.6M | $32.8M | $33.0M | $32.5M |
| Net cash (debt) | $378.7M | $463.2M | $114.6M | $150.8M | $186.6M | $228.1M | $132.9M | $174.4M | $196.0M | $230.1M | $187.1M | $215.5M |
| Working capital | $108.4M | $357.1M | −$56.3M | $44.9M | $245.1M | $275.5M | $167.3M | $207.4M | $243.1M | $276.1M | $241.7M | $269.5M |
| Tangible book value | $84.5M | $326.7M | −$52.8M | $37.6M | $162.6M | $195.5M | $154.7M | $193.0M | $226.3M | $259.2M | $225.7M | $253.3M |
| Book value per share | $0.90 | $3.49 | −$0.56 | $0.39 | $1.74 | $2.19 | $2.26 | $2.82 | $3.31 | $4.04 | $3.64 | $5.10 |
| Shares outstanding | 93.6M | 93.6M | 93.6M | 95.3M | 93.3M | 89.2M | 68.5M | 68.4M | 68.4M | 64.2M | 62.0M | 49.6M |
| Current ratio | 1.30 | 3.32 | 0.77 | 1.23 | 8.82 | 10.18 | 5.92 | 8.91 | 12.03 | 15.23 | 13.33 | 18.55 |
| Quick ratio | 1.18 | 3.13 | 0.67 | 0.94 | 8.27 | 9.71 | 5.49 | 8.39 | 11.34 | 14.45 | 12.71 | 17.79 |
| Debt / equity | 0.65 | 0.01 | — | 0.94 | 0.22 | 0.16 | 0.21 | 0.17 | 0.14 | 0.13 | 0.15 | 0.13 |
| Equity / assets | 16.8% | 61.4% | −25.1% | 14.7% | 55.4% | 61.2% | 72.4% | 78.0% | 81.2% | 83.9% | 81.8% | 84.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 24, 2026); data from EODHD.
CMPS financial position
At the end of fiscal 2025 (December 31, 2025), COMPASS Pathways had total assets of $210.3 million (down 1.6% from a year earlier), total liabilities of $263.2 million and shareholders' equity of -$52.8 million. It held $149.6 million in cash and short-term investments against $20.9 million of debt, a net cash position of $128.7 million. Its current ratio was 0.77. In the latest quarter (ended June 30, 2026) total assets were $504.6 million and equity $84.5 million.
Related: CMPS income statement, CMPS cash flow statement, CMPS key metrics. See the CMPS stock overview for the latest quote and news.
CMPS balance sheet FAQ
What are COMPASS Pathways's total assets?
COMPASS Pathways reported total assets of $210.3 million at the end of fiscal 2025 (December 31, 2025), compared with $213.7 million a year earlier.
How much debt does COMPASS Pathways have?
COMPASS Pathways had $20.9 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was —.
How much cash does COMPASS Pathways have?
COMPASS Pathways held $149.6 million in cash and short-term investments at the end of fiscal 2025; with $20.9 million of debt that is net cash of $128.7 million.
What is COMPASS Pathways's book value?
COMPASS Pathways's shareholders' equity (book value) was -$52.8 million at the end of fiscal 2025, or −$0.57 per share.
What is COMPASS Pathways's current ratio?
COMPASS Pathways had current assets of $191.5 million and current liabilities of $247.8 million, a current ratio of 0.77 (current liabilities exceed current assets).