HawkEye 360, Inc. (HAWK) Balance Sheet
HAWK balance sheet, 2025
December 31, 2025 · U.S. dollars$505.2M assets = $611.7M liabilities + −$106.5M equity
Liabilities exceed assets: shareholders’ equity is negative (−$106.5M).
Both columns are drawn to the same scale: what HAWK owns equals what it owes plus shareholders’ equity. Hover a block for its value.
HAWK financial health
Descriptive bands, not a rating. Fiscal 2025.
HAWK balance sheet trends, 2024–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $261.0M2024 | $505.2M2025 | +93.5%/yr | |
| Total liabilities | $30.1M2024 | $611.7M2025 | +1,930.9%/yr | |
| Shareholders’ equity | $230.9M2024 | −$106.5M2025 | — | |
| Cash & short-term investments | $106.9M2024 | $92.7M2025 | −13.3%/yr | |
| Working capital | $103.5M2024 | $127.9M2025 | +$24.3M | |
| Book value per share | $2.482024 | −$1.142025 | — | |
| Current ratio | 5.452024 | 4.142025 | −1.31 | |
| Shares outstanding | 93.1M2024 | 93.1M2025 | +0.0%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
HAWK assets
HAWK liabilities and equity
HAWK debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
HAWK balance sheet
| 2025 | 2024 | |
|---|---|---|
| Assets | ||
| Cash & short-term investments | $92.7M | $106.9M |
| Cash & equivalents | $92.7M | $67.2M |
| Short-term investments | $0 | $39.7M |
| Receivables | $62.7M | $11.6M |
| Inventory | $4.0M | $0 |
| Other current assets | $9.2M | $8.2M |
| Total current assets | $168.6M | $126.8M |
| Property, plant & equipment (net) | $126.3M | $125.2M |
| Goodwill & intangible assets | $152.8M | $1.0M |
| Long-term investments | $0 | $0 |
| Other non-current assets | $57.5M | $8.0M |
| Total assets | $505.2M | $261.0M |
| Liabilities | ||
| Accounts payable | $18.5M | $10.6M |
| Short-term debt | $3.4M | — |
| Deferred revenue | $3.3M | — |
| Total current liabilities | $40.7M | $23.2M |
| Long-term debt | $46.3M | $0 |
| Lease obligations | $16.3M | $9.8M |
| Other long-term liabilities | $524.7M | $6.9M |
| Total liabilities | $611.7M | $30.1M |
| Shareholders' equity | ||
| Common stock & paid-in capital | $2,000 | — |
| Retained earnings (deficit) | −$145.8M | −$148.5M |
| Total shareholders' equity | −$106.5M | $230.9M |
| Key figures | ||
| Total debt | $510.2M | — |
| Net cash (debt) | −$417.5M | — |
| Working capital | $127.9M | $103.5M |
| Tangible book value | −$259.3M | $229.9M |
| Book value per share | −$1.14 | $2.48 |
| Shares outstanding | 93.1M | 93.1M |
| Current ratio | 4.14 | 5.45 |
| Quick ratio | 3.82 | 5.10 |
| Equity / assets | −21.1% | 88.5% |
| Jun '26 | Mar '26 | Dec '25 | |
|---|---|---|---|
| Assets | |||
| Cash & short-term investments | $503.4M | $106.1M | $92.7M |
| Cash & equivalents | $503.4M | $106.1M | $92.7M |
| Receivables | $58.4M | $38.4M | $62.7M |
| Inventory | $4.3M | $3.7M | $4.0M |
| Other current assets | $7.1M | $23.7M | $9.2M |
| Total current assets | $573.2M | $171.8M | $168.6M |
| Property, plant & equipment (net) | $147.2M | $123.5M | $126.3M |
| Goodwill & intangible assets | $150.2M | $151.0M | $152.8M |
| Long-term investments | $0 | $0 | $0 |
| Other non-current assets | $33.7M | $44.1M | $57.5M |
| Total assets | $904.2M | $490.5M | $505.2M |
| Liabilities | |||
| Accounts payable | $14.4M | $5.7M | $18.5M |
| Short-term debt | $3.3M | $3.5M | $3.4M |
| Deferred revenue | — | $1.7M | $3.3M |
| Total current liabilities | $58.5M | $25.0M | $40.7M |
| Long-term debt | $0 | $46.6M | $0 |
| Lease obligations | $16.7M | $15.4M | — |
| Other long-term liabilities | $50.9M | $62.8M | $571.0M |
| Total liabilities | $109.4M | $134.4M | $611.7M |
| Shareholders' equity | |||
| Common stock & paid-in capital | $10,000 | $2,000 | $2,000 |
| Retained earnings (deficit) | −$170.1M | −$154.8M | −$145.8M |
| Total shareholders' equity | $794.8M | $356.1M | −$106.5M |
| Key figures | |||
| Total debt | $16.7M | $61.9M | $510.2M |
| Net cash (debt) | $486.7M | $44.2M | −$417.5M |
| Working capital | $514.6M | $146.8M | $127.9M |
| Tangible book value | $644.6M | $205.1M | −$259.3M |
| Book value per share | $12.84 | $3.83 | −$1.14 |
| Shares outstanding | 61.9M | 93.1M | 93.1M |
| Current ratio | 9.80 | 6.86 | 4.14 |
| Quick ratio | 9.60 | 5.77 | 3.82 |
| Debt / equity | 0.02 | 0.17 | — |
| Equity / assets | 87.9% | 72.6% | −21.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed December 31, 2025); data from EODHD.
HAWK financial position
At the end of fiscal 2025 (December 31, 2025), HawkEye 360 had total assets of $505.2 million (up 93.5% from a year earlier), total liabilities of $611.7 million and shareholders' equity of -$106.5 million. It held $92.7 million in cash and short-term investments against $510.2 million of debt, net debt of $417.5 million. Its current ratio was 4.14. In the latest quarter (ended June 30, 2026) total assets were $904.2 million and equity $794.8 million.
Related: HAWK income statement, HAWK cash flow statement, HAWK key metrics. See the HAWK stock overview for the latest quote and news.
HAWK balance sheet FAQ
What are HawkEye 360's total assets?
HawkEye 360 reported total assets of $505.2 million at the end of fiscal 2025 (December 31, 2025), compared with $261.0 million a year earlier.
How much debt does HawkEye 360 have?
HawkEye 360 had $510.2 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 HawkEye 360 have?
HawkEye 360 held $92.7 million in cash and short-term investments at the end of fiscal 2025; with $510.2 million of debt that is net debt of $417.5 million.
What is HawkEye 360's book value?
HawkEye 360's shareholders' equity (book value) was -$106.5 million at the end of fiscal 2025, or −$1.14 per share.
What is HawkEye 360's current ratio?
HawkEye 360 had current assets of $168.6 million and current liabilities of $40.7 million, a current ratio of 4.14 (it can cover its short-term obligations).
How much goodwill does HawkEye 360 have?
HawkEye 360 carried $152.8 million of goodwill and intangible assets, 30.3% of total assets, at the end of fiscal 2025.