GPGI, Inc.
For the period ended Mar 31, 2026. Filed May 7, 2026.
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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.
Mar 31, 2026 · Filed May 7, 2026
GPGI$14.95-2.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 1. Condensed Consolidated Balance Sheets (Unaudited)
GPGI, INC.
Condensed Consolidated Balance Sheets
($ in millions, except par value and share amounts)
| March 31, 2026 | December 31, 2025 | |
|---|---|---|
| Unaudited | ||
| ASSETS | ||
| CURRENT ASSETS | ||
| Cash and cash equivalents | $6.5 | $114.6 |
| Prepaid expenses and other current assets | 4.3 | 5.5 |
| Income taxes receivable | 12.1 | — |
| Total current assets | 22.9 | 120.1 |
| Deferred income tax assets | 258.0 | 271.7 |
| Equity method investment | 3,133.2 | 125.5 |
| Total assets | 3,414.1 | 517.3 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| CURRENT LIABILITIES | ||
| Accounts payable | 1.4 | 0.8 |
| Accrued expenses | 3.1 | 1.9 |
| Current portion of tax receivable agreement liability | 20.4 | 16.2 |
| Total current liabilities | 24.9 | 18.9 |
| Tax receivable agreement liability | 272.9 | 255.2 |
| Total liabilities | 297.8 | 274.1 |
| Commitments and contingencies (Note 8) | ||
| Preferred stock, $0.0001 par value; 10,000,000 shares authorized; no shares issued and outstanding | — | — |
| Class A common stock, $0.0001 par value; 1,000,000,000 and 1,000,000,000 shares were authorized as of March 31, 2026 and December 31, 2025, respectively; 289,861,445 and 126,985,076 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively | — | — |
| Treasury stock | (12.2) | (12.2) |
| Additional paid-in-capital | 3,815.5 | 706.7 |
| Accumulated other comprehensive loss | (0.2) | (0.2) |
| Accumulated deficit | (686.8) | (451.1) |
| Total stockholders' equity | 3,116.3 | 243.2 |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $3,414.1 | $517.3 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.