Voyager Technologies, Inc. balance sheet

At the end of fiscal 2025, Voyager Technologies, Inc. had total assets of $1.05bn, total liabilities of $621m and shareholders' equity of $384m. It held $491m in cash against $448m of debt: net cash of $43.7m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Voyager Technologies, Inc.: balance sheet, annual
Fiscal year	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Cash and equivalents	30	56	491	373
Receivables	—	15	30	40
Inventory	—	2	4	10
Total current assets	—	102	581	486
Goodwill	—	47	158	158
Total assets	—	248	1,050	1,009
Accounts payable	—	23	27	38
Deferred revenue (current)	—	21	24	23
Total current liabilities	—	87	133	128
Long-term debt	—	24	0	—
Total debt	0	58	448	449
Total liabilities	—	188	621	633
Shareholders' equity	−93	−70	384	326
Non-controlling interests and other (assets − liabilities − equity)	—	130	46	51
Net debt (negative = net cash)	−30	2	−44	75

US$ millions unless shown otherwise. Fiscal quarters.

Voyager Technologies, Inc.: balance sheet, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Receivables	—	15	—	13	17	30	12	40
Inventory	—	2	—	1	2	4	6	10
Total current assets	—	102	—	511	481	581	509	486
Goodwill	—	47	—	51	72	158	158	158
Total assets	—	248	—	685	728	1,050	1,024	1,009
Accounts payable	—	23	—	21	23	27	20	38
Deferred revenue (current)	—	21	—	10	8	24	17	23
Total current liabilities	—	87	—	91	98	133	111	128
Long-term debt	—	24	—	0	0	0	—	—
Total debt	—	24	—	0	0	0	—	—
Total liabilities	—	188	—	103	109	621	619	633
Shareholders' equity	−87	−70	50	555	591	384	357	326
Non-controlling interests and other (assets − liabilities − equity)	—	130	—	28	28	46	47	51

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Voyager Technologies, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Voyager Technologies, Inc.