Fundies.
English

MultiPlan Corporation

EDGAR
CTEV Current report (8-K) · filed 2026-10-15

Annual consolidated revenue for 2025: about USD 965.4M, using the latest reported figures. The previous period, 2024, was about USD 930.6M.

Inspect reported changes Compare with another company Historical disclosures Search filings Segments
Watchlist

Latest quarter

Revenue

257 million USD

2026 Q2 · USD

Exact inputs and evidence

Operating margin

9.09%

2026 Q2 · %

Exact inputs and evidence
  • Operating Income: 23409000 USD Source
  • Revenue: 257478000 USD Source

Operating cash flow

92.7 million USD

2026 Q2 · USD

Exact inputs and evidence
  • Operating Cash Flow: 46892000 USD Source
  • Operating Cash Flow: -45779000 USD Source

Free cash flow

54.6 million USD

2026 Q2 · USD

Exact inputs and evidence
  • Operating Cash Flow: 46892000 USD Source
  • Operating Cash Flow: -45779000 USD Source
  • Capital Expenditure: 84847000 USD Source
  • Capital Expenditure: 46767000 USD Source
Cash and cash equivalents
14.4 million USD Source
Exact value

14373000 USD

Long-term debt including current maturities
4.64 billion USD Source
Exact value

4636859000 USD

Shares outstanding
16.9 million shares Source
Exact value

16935754 shares

Reported share-count change

2.81% · 464 thousand shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 16472126 shares · 2025-06-30· Source
  • 16935754 shares · 2026-06-30· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

995 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Revenue: 245959000 USD · 2025-07-01 – 2025-09-30 Source
  • Revenue: 965413000 USD · 2025-01-01 – 2025-12-31 Source
  • Revenue: 718859000 USD · 2025-01-01 – 2025-09-30 Source
  • Revenue: 244678000 USD · 2026-01-01 – 2026-03-31 Source
  • Revenue: 257478000 USD · 2026-04-01 – 2026-06-30 Source

Net income

-283 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Net income: -69753000 USD · 2025-07-01 – 2025-09-30 Source
  • Net income: -284282000 USD · 2025-01-01 – 2025-12-31 Source
  • Net income: -203712000 USD · 2025-01-01 – 2025-09-30 Source
  • Net income: -73560000 USD · 2026-01-01 – 2026-03-31 Source
  • Net income: -59226000 USD · 2026-04-01 – 2026-06-30 Source

Operating cash flow

133 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Operating cash flow: 51038000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 31181000 USD · 2025-01-01 – 2025-06-30 Source
  • Operating cash flow: 117324000 USD · 2025-01-01 – 2025-12-31 Source
  • Operating cash flow: 51038000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: -45779000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: 46892000 USD · 2026-01-01 – 2026-06-30 Source
  • Operating cash flow: -45779000 USD · 2026-01-01 – 2026-03-31 Source

Capital expenditure

151 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Capital expenditure: 99692000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 63489000 USD · 2025-01-01 – 2025-06-30 Source
  • Capital expenditure: 129601000 USD · 2025-01-01 – 2025-12-31 Source
  • Capital expenditure: 99692000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 46767000 USD · 2026-01-01 – 2026-03-31 Source
  • Capital expenditure: 84847000 USD · 2026-01-01 – 2026-06-30 Source
  • Capital expenditure: 46767000 USD · 2026-01-01 – 2026-03-31 Source

Free cash flow

-17.9 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Operating cash flow: 51038000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 31181000 USD · 2025-01-01 – 2025-06-30 Source
  • Operating cash flow: 117324000 USD · 2025-01-01 – 2025-12-31 Source
  • Operating cash flow: 51038000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: -45779000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: 46892000 USD · 2026-01-01 – 2026-06-30 Source
  • Operating cash flow: -45779000 USD · 2026-01-01 – 2026-03-31 Source
  • Capital expenditure: 99692000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 63489000 USD · 2025-01-01 – 2025-06-30 Source
  • Capital expenditure: 129601000 USD · 2025-01-01 – 2025-12-31 Source
  • Capital expenditure: 99692000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 46767000 USD · 2026-01-01 – 2026-03-31 Source
  • Capital expenditure: 84847000 USD · 2026-01-01 – 2026-06-30 Source
  • Capital expenditure: 46767000 USD · 2026-01-01 – 2026-03-31 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-15.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 8 of 11 periods available· newest 2025-12-31
  • Operating income: 8 of 11 periods available· newest 2025-12-31
  • Net income: 8 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 8 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 8 of 11 periods available· newest 2025-12-31
  • Total assets: 7 of 11 periods available· newest 2025-12-31
  • Total liabilities: 7 of 11 periods available· newest 2025-12-31
  • Current assets: 7 of 11 periods available· newest 2025-12-31
  • Current liabilities: 7 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 7 of 11 periods available· newest 2025-12-31
  • Long-term debt including current maturities: 5 of 11 periods available· newest 2025-12-31
  • Shares outstanding: 7 of 11 periods available· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +3.7%

    Prior period

    USD 930.62 million

    –

    Current period

    USD 965.41 million

    –

    Exact inputs and evidence

    965413000 − 930624000 = 34789000 USD

    930624000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    965413000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
    Share or cite

    The citation records this snapshot. The page link may show a newer release later.

  • Net income

    +USD 1.36 billion

    Prior period

    −USD 1.65 billion

    –

    Current period

    −USD 284.28 million

    –

    Exact inputs and evidence

    -284282000 − -1645831000 = 1361549000 USD

    -1645831000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    -284282000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
    Share or cite

    The citation records this snapshot. The page link may show a newer release later.

  • Operating cash flow

    +9%

    Prior period

    USD 107.62 million

    –

    Current period

    USD 117.32 million

    –

    Exact inputs and evidence

    117324000 − 107616000 = 9708000 USD

    107616000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    117324000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
    Share or cite

    The citation records this snapshot. The page link may show a newer release later.

  • Capital expenditure

    +9.7%

    Prior period

    USD 118.12 million

    –

    Current period

    USD 129.6 million

    –

    Exact inputs and evidence

    129601000 − 118123000 = 11478000 USD

    118123000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    129601000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
    Share or cite

    The citation records this snapshot. The page link may show a newer release later.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue USD 965.41 million 100% of revenue
  • Operating costs Derived USD 936.65 million 97% of revenue
  • Operating income USD 28.77 million 3% of revenue
  • Tax, interest and other Derived USD 313.05 million 32% of revenue
  • Net income −USD 284.28 million −29% of revenue

Cash

  • Operating cash flow USD 117.32 million 12% of revenue
  • Capital expenditure USD 129.6 million 13% of revenue
  • Free cash flow Derived −USD 12.28 million −1.3% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2018 38%59%
  • 2019 36%63%
  • 2020 Operating loss: operating costs were 114% of revenue.
  • 2021 9.1%25%65%
  • 2022 Operating loss: operating costs were 134% of revenue.
  • 2023 Net loss: net income was −9.5% of revenue.
  • 2024 Operating loss: operating costs were 249% of revenue.
  • 2025 Net loss: net income was −29% of revenue.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2018 2018-01-01 – 2018-12-311040883000 613342000 Derived 427541000 391318000 Derived 36223000 228747000 Derived
Source
2019 2019-01-01 – 2019-12-31982901000 614692000 Derived 368209000 358499000 Derived 9710000 217899000 Derived
Source
2020 2020-01-01 – 2020-12-31937763000 1069584000 Derived -131821000 388743000 Derived -520564000 306561000 Derived
Source
2021 2021-01-01 – 2021-12-311117602000 731482000 Derived 386120000 284040000 Derived 102080000 320097000 Derived
Source
2022 2022-01-01 – 2022-12-311079716000 1442448000 Derived -362732000 210180000 Derived -572912000 282629000 Derived
Source
2023 2023-01-01 – 2023-12-31961524000 799542000 Derived 161982000 253679000 Derived -91697000 62868000 Derived
Source
2024 2024-01-01 – 2024-12-31930624000 2320555000 Derived -1389931000 255900000 Derived -1645831000 -10507000 Derived
Source
2025 2025-01-01 – 2025-12-31965413000 936648000 Derived 28765000 313047000 Derived -284282000 -12277000 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 965.4M 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.2B905.3M603.5M301.8M0.0201820222025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2018Revenue1040883000
2019Revenue982901000
2020Revenue937763000
2021Revenue1117602000
2022Revenue1079716000
2023Revenue961524000
2024Revenue930624000
2025Revenue965413000

Revenue growth

Change in revenue from the same financial period one year earlier.

3.7% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.21.6%12.9%4.1%-4.6%-13.4%201820222025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2018Year over yearNo prior comparable period
2019Year over year-5.6%
2020Year over year-4.6%
2021Year over year19.2%
2022Year over year-3.4%
2023Year over year-10.9%
2024Year over year-3.2%
2025Year over year3.7%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 3% 2025
Net margin -29.4% 2025
Free cash flow margin -1.3% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.59%-5%-68%-131%-194%201820222025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2018Operating margin41.1%
2019Operating margin37.5%
2020Operating margin-14.1%
2021Operating margin34.5%
2022Operating margin-33.6%
2023Operating margin16.8%
2024Operating margin-149.4%
2025Operating margin3%
2018Net margin3.5%
2019Net margin1%
2020Net margin-55.5%
2021Net margin9.1%
2022Net margin-53.1%
2023Net margin-9.5%
2024Net margin-176.9%
2025Net margin-29.4%
2018Free cash flow margin22%
2019Free cash flow margin22.2%
2020Free cash flow margin32.7%
2021Free cash flow margin28.6%
2022Free cash flow margin26.2%
2023Free cash flow margin6.5%
2024Free cash flow margin-1.1%
2025Free cash flow margin-1.3%

Operating cash flow

Cash generated by the company’s normal business operations.

USD 117.3M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.437.1M327.8M218.5M109.3M0.0201820222025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2018Operating cash flow292303000
2019Operating cash flow284313000
2020Operating cash flow377374000
2021Operating cash flow404687000
2022Operating cash flow372364000
2023Operating cash flow171720000
2024Operating cash flow107616000
2025Operating cash flow117324000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD -12.3M 2025
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.346.7M250.3M153.9M57.5M-38.9M201820222025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2018Free cash flow228747000
2019Free cash flow217899000
2020Free cash flow306561000
2021Free cash flow320097000
2022Free cash flow282629000
2023Free cash flow62868000
2024Free cash flow-10507000
2025Free cash flow-12277000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

103.4% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.112%84%56%28%0%2018-12-3120222025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2018-12-31Liabilities / assetsNot reportedNo source recorded
2019Liabilities / assets76.3%
2020Liabilities / assets69.1%
2021Liabilities / assets71.5%
2022Liabilities / assets75.7%
2023Liabilities / assets75.5%
2024Liabilities / assets98.4%
2025Liabilities / assets103.4%

Current assets to current liabilities

Current assets divided by current liabilities.

0.86× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.74×2.06×1.37×0.69×0.00×2018-12-3120222025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2018-12-31Current assets / current liabilitiesNot reportedNo source recorded
2019Current assets / current liabilities1.35×
2020Current assets / current liabilities1.86×
2021Current assets / current liabilities2.25×
2022Current assets / current liabilities2.54×
2023Current assets / current liabilities1.16×
2024Current assets / current liabilities0.82×
2025Current assets / current liabilities0.86×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2018 2018-01-01 – 2018-12-31
USD 36.22 million
Exact value

Exact value: 36223000 USD

2018-01-01 – 2018-12-31: 36223000 USD Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 292.3 million
Exact value

Exact value: 292303000 USD

2018-01-01 – 2018-12-31: 292303000 USD Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 63.56 million
Exact value

Exact value: 63556000 USD

2018-01-01 – 2018-12-31: 63556000 USD Inspect Capital Expenditure Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 228.75 million
Calculation and evidence

292303000 − 63556000 USD

Exact free cash flow: 228747000 USD

Share or cite

The citation records this snapshot. The page link may show a newer release later.

2019 2019-01-01 – 2019-12-31
USD 9.71 million
Exact value

Exact value: 9710000 USD

2019-01-01 – 2019-12-31: 9710000 USD Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 284.31 million
Exact value

Exact value: 284313000 USD

2019-01-01 – 2019-12-31: 284313000 USD Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 66.41 million
Exact value

Exact value: 66414000 USD

2019-01-01 – 2019-12-31: 66414000 USD Inspect Capital Expenditure Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 217.9 million
Calculation and evidence

284313000 − 66414000 USD

Exact free cash flow: 217899000 USD

Share or cite

The citation records this snapshot. The page link may show a newer release later.

2020 2020-01-01 – 2020-12-31
−USD 520.56 million
Exact value

Exact value: -520564000 USD

2020-01-01 – 2020-12-31: -520564000 USD Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 377.37 million
Exact value

Exact value: 377374000 USD

2020-01-01 – 2020-12-31: 377374000 USD Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 70.81 million
Exact value

Exact value: 70813000 USD

2020-01-01 – 2020-12-31: 70813000 USD Inspect Capital Expenditure Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 306.56 million
Calculation and evidence

377374000 − 70813000 USD

Exact free cash flow: 306561000 USD

Share or cite

The citation records this snapshot. The page link may show a newer release later.

2021 2021-01-01 – 2021-12-31
USD 102.08 million
Exact value

Exact value: 102080000 USD

2021-01-01 – 2021-12-31: 102080000 USD Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 404.69 million
Exact value

Exact value: 404687000 USD

2021-01-01 – 2021-12-31: 404687000 USD Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 84.59 million
Exact value

Exact value: 84590000 USD

2021-01-01 – 2021-12-31: 84590000 USD Inspect Capital Expenditure Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 320.1 million
Calculation and evidence

404687000 − 84590000 USD

Exact free cash flow: 320097000 USD

Share or cite

The citation records this snapshot. The page link may show a newer release later.

2022 2022-01-01 – 2022-12-31
−USD 572.91 million
Exact value

Exact value: -572912000 USD

2022-01-01 – 2022-12-31: -572912000 USD Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 372.36 million
Exact value

Exact value: 372364000 USD

2022-01-01 – 2022-12-31: 372364000 USD Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 89.74 million
Exact value

Exact value: 89735000 USD

2022-01-01 – 2022-12-31: 89735000 USD Inspect Capital Expenditure Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 282.63 million
Calculation and evidence

372364000 − 89735000 USD

Exact free cash flow: 282629000 USD

Share or cite

The citation records this snapshot. The page link may show a newer release later.

2023 2023-01-01 – 2023-12-31
−USD 91.7 million
Exact value

Exact value: -91697000 USD

2023-01-01 – 2023-12-31: -91697000 USD Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 171.72 million
Exact value

Exact value: 171720000 USD

2023-01-01 – 2023-12-31: 171720000 USD Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 108.85 million
Exact value

Exact value: 108852000 USD

2023-01-01 – 2023-12-31: 108852000 USD Inspect Capital Expenditure Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 62.87 million
Calculation and evidence

171720000 − 108852000 USD

Exact free cash flow: 62868000 USD

Share or cite

The citation records this snapshot. The page link may show a newer release later.

2024 2024-01-01 – 2024-12-31
−USD 1.65 billion
Exact value

Exact value: -1645831000 USD

2024-01-01 – 2024-12-31: -1645831000 USD Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 107.62 million
Exact value

Exact value: 107616000 USD

2024-01-01 – 2024-12-31: 107616000 USD Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 118.12 million
Exact value

Exact value: 118123000 USD

2024-01-01 – 2024-12-31: 118123000 USD Inspect Capital Expenditure Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

−USD 10.51 million
Calculation and evidence

107616000 − 118123000 USD

Exact free cash flow: -10507000 USD

Share or cite

The citation records this snapshot. The page link may show a newer release later.

2025 2025-01-01 – 2025-12-31
−USD 284.28 million
Exact value

Exact value: -284282000 USD

2025-01-01 – 2025-12-31: -284282000 USD Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 117.32 million
Exact value

Exact value: 117324000 USD

2025-01-01 – 2025-12-31: 117324000 USD Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 129.6 million
Exact value

Exact value: 129601000 USD

2025-01-01 – 2025-12-31: 129601000 USD Inspect Capital Expenditure Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

−USD 12.28 million
Calculation and evidence

117324000 − 129601000 USD

Exact free cash flow: -12277000 USD

Share or cite

The citation records this snapshot. The page link may show a newer release later.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

39 filings · 2,206 latest values · 2,206 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001793229, 1793229, CTEV, MPLN, edgar:1793229

Also known as Butler Acquisition Corp, CLARITEV CORPORATION, Churchill Capital Corp III, Claritev Corp, Claritev Corporation, MULTIPLAN CORPORATION, MultiPlan Corp, MultiPlan Corporation