INNIO N.V. (INIO)
INNIO Group Holding B.V., through its subsidiaries, operates as a distributed energy solutions provider that manufactures reciprocating gas engines used for power generation and gas compression. The company offers gas engines that convert gaseous fuels, such as natural, renewable and specialty gases, into electricity and heat or compression for a wide array of critical infrastructure, including the grid, data centers and industrial applications. The company operates through two primary segments: Equipment and Services. Its Equipment segment addresses the data center, power solutions and compression end-markets through its engine-based solutions. It offers power generation equipment for data centers to deliver prime and backup power required to sustain intensive AI workloads. Its power solutions provide baseload and peaking power to stabilize utility grids in-front-of-the-meter and power independent microgrids behind-the-meter. Further, its compression solutions support the full energy value chain, including gas lift, gathering, processing, storage and transmission, enabling gaseous fuel transport. The Services segment offers comprehensive services offering including transactional parts and labor, lifetime service agreements, overhaul and repair, remanufacturing, conversions, modifications and upgrades, commissioning, and digital services. Its brands include Jenbacher, which provides engines power solutions, such as engines, which are packaged generator sets and cogeneration and trigeneration units for power generation; Waukesha, that offers gas compression and power generation for remote environments; and myplant, that offers AI-enabled software solutions for generating power and heat. The company was formerly known as INNIO Holding GmbH and changed its name to INNIO Group Holding B.V. in June 2026. Innio Holding Gmbh was founded in 2018 and is headquartered in Munich, Germany. Innio Holding Gmbh operates as a subsidiary of AI Alpine (Luxembourg) S.à r.l.
Sector: Motors & Generators
Industry: Industrial - Machinery
INNIO N.V. Ordinary Shares
No splits on record
Nothing in INIO's public trading history: no forward or reverse split has affected the share count.
| Period | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Currency | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
| Revenue | $2.64B | $2.16B | $2.02B |
| YoY Growth | 22.1% | 7.2% | - |
| Cost of Revenue | $1.73B | $1.39B | $1.34B |
| Gross Profit | $911.8M | $771.4M | $673.4M |
| Gross Margin | 34.6% | 35.7% | 33.4% |
| Research and Development | $103.5M | $89.7M | $83.7M |
| Selling, General, and Administrative | $467.1M | $390.1M | $351M |
| Other | -$5.3M | -$6.2M | $0 |
| Total Operating Expenses | $565.3M | $473.6M | $434.7M |
| Operating Income (EBIT) | $346.5M | $297.8M | $238.7M |
| Operating Margin | 13.1% | 13.8% | 11.8% |
| Interest Expense | $163.6M | $192.3M | $133.9M |
| Interest Income | $0 | $0 | $0 |
| Other Income (Expense) | -$162.3M | -$191.8M | -$129.9M |
| Income Before Tax (EBT) | $184.2M | $106M | $108.8M |
| Income Tax Expense | $42.4M | $14M | $30.1M |
| Net Income | $144.3M | $92M | $78.7M |
| Net Income Margin | 5.5% | 4.3% | 3.9% |
| Supplementary Data | |||
| EPS | 0.19 | 0.12 | 0.10 |
| Diluted EPS | 0.19 | 0.12 | 0.10 |
| Weighted Average OS | 771.46M | 771.46M | 771.46M |
| EBITDA | $501.3M | $443.8M | $375.2M |
| EBITDA Margin | 19.0% | 20.6% | 18.6% |
| Period | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Currency | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
| Assets | |||
| Current Assets | |||
| Cash and Cash Equivalents | $689.5M | $378.4M | $301.1M |
| Short-Term Investments | $0 | $0 | $0 |
| Cash and Short-Term Investments | $689.5M | $378.4M | $301.1M |
| Accounts Receivable | $300M | $217.1M | $204.2M |
| Inventory | $601.2M | $400.6M | $428.1M |
| Other Current Assets | $85.2M | $26.1M | $34M |
| Total Current Assets | $1.79B | $1.04B | $983.7M |
| Long-Term Assets | |||
| Property, Plant & Equipment Net | $608.8M | $456.3M | $445.3M |
| Goodwill | $1.69B | $1.54B | $1.61B |
| Intangible Assets | $777.3M | $762.3M | $882.4M |
| Long-Term Investments | $0 | $0 | $2.9M |
| Deferred Tax Assets | $15.1M | $18.4M | $18.6M |
| Other Long-Term Assets | $20.9M | $22.8M | $16.5M |
| Total Long-Term Assets | $3.11B | $2.8B | $2.98B |
| Other Assets | $0 | $0 | $0 |
| Total Assets | $4.9B | $3.84B | $3.96B |
| Liabilities | |||
| Current Liabilities | |||
| Accounts Payable | $273.3M | $214.7M | $224.6M |
| Short-Term Debt | $11.4M | $4.2M | $16.4M |
| Current Income Tax Payable | $32.4M | $36.5M | $0 |
| Current Unearned Revenue | $546.2M | $275.2M | $189.6M |
| Other Current Liabilities | $346.6M | $233.2M | $336.5M |
| Total Current Liabilities | $1.38B | $902.8M | $796.7M |
| Long-Term Liabilities | |||
| Long-Term Debt | $2.65B | $1.73B | $1.81B |
| Long-Term Unearned Revenue | $269.9M | $700K | $0 |
| Long-Term Deferred Tax Liabilities | $214.6M | $174.6M | $167.3M |
| Other Long-Term Liabilities | $115.8M | $105.2M | $291.8M |
| Total Long-Term Liabilities | $3.3B | $2.18B | $2.29B |
| Other Liabilities | $0 | $0 | $0 |
| Total Liabilities | $4.67B | $3.08B | $3.09B |
| Stockholders' Equity | |||
| Preferred Stock | $0 | $0 | $0 |
| Common Stock | $0 | $0 | $0 |
| Retained Earnings | $100.3M | -$44M | $49.2M |
| Comprehensive Income & Other | -$20.6M | -$55.2M | -$34.7M |
| Other Stockholders' Equity | $117.5M | $806.7M | $827.2M |
| Total Equity | $217.8M | $762.7M | $876.4M |
| Minority Interest | $10.3M | $0 | $0 |
| Total Liabilities and Equity | $4.89B | $3.84B | $3.96B |
| Supplementary Data | |||
| Total Debt | $2.73B | $1.92B | $1.85B |
| Net Debt | $2.04B | $1.54B | $1.55B |
| Period | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Currency | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
| Operating Activities | |||
| Net Income | $141.8M | $92M | $78.7M |
| Depreciation & Amortization | $153.5M | $145.5M | $132.5M |
| Deferred Income Tax | $18.5M | -$6M | $6M |
| Stock-Based Compensation | $0 | $0 | $0 |
| Changes in Working Capital: | |||
| Accounts Receivable | -$4.1M | -$26.6M | -$9M |
| Inventory | -$155.4M | $7.8M | -$26.2M |
| Accounts Payable | $37.2M | -$1.4M | -$11.8M |
| Other Working Capital | $341.6M | $176.3M | -$38.5M |
| Total Working Capital Change | $219.3M | $156.1M | -$85.5M |
| Other Non-Cash Items | $14.8M | $4.4M | $17.6M |
| Net Cash from Operating | $547.9M | $392M | $149.3M |
| Investing Activities | |||
| Capital Expenditures | -$151M | -$68.3M | -$64M |
| Acquisitions | $0 | -$5M | -$37.4M |
| Purchases of Investments | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 |
| Other Investing Activities | -$17.3M | -$14.5M | -$11M |
| Net Cash from Investing | -$168.3M | -$87.8M | -$112.4M |
| Financing Activities | |||
| Debt Repaid | -$562.7M | $40.2M | $19.4M |
| Common Stock Issuance | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 |
| Dividends Paid | -$723.8M | -$163.4M | $0 |
| Other Financing Activities | $74.3M | -$5.8M | -$9.6M |
| Net Cash from Financing | -$86.8M | -$209.4M | -$29M |
| Forex Effect | $18.3M | -$17.5M | $5.2M |
| Net Change in Cash | $311.1M | $77.3M | $13.1M |
| Supplementary Data | |||
| Operating Cash Flow | $547.9M | $392M | $149.3M |
| Capital Expenditure | -$171.2M | -$86.6M | -$78.2M |
| Free Cash Flow | $376.7M | $305.4M | $71.1M |
| Cash at Beginning | $378.4M | $301.1M | $288M |
| Cash at End | $689.5M | $378.4M | $301.1M |