Gores Holdings X Units (GTENU) Financials
Newest figures come from the 10-Q for Q3 FY2026, filed Nov 9, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the GTENU SEC filings page.
This page shows Gores Holdings X, Inc. Units (GTENU) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 2 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings.
The financing-led holding vehicle expanded sharply, but liabilities exceeded assets and operations did not fund its reported cash needs.
From FY2024 to FY2025, assets increased31,025.1% while liabilities increased32,564.4% , revealing that obligations grew faster than the asset base. In FY2025, net income of$921K coexisted with operating cash flow of-$1.04M , so reported earnings did not translate into operating cash.
FY2025 liabilities were
Current assets fell
Financial Health Signals
We do not publish a peer-relative financial health score for Gores Holdings X, Inc. Units, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The signals and metrics below are current.
Gores Holdings X, Inc. Units passes 2 of 5 computable financial strength tests (4 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).
Key Financial Metrics
Earnings & Revenue
Gores Holdings X, Inc. Units reported $3.0M in net income in Q3 2026. This represents an increase of 63.4% from the same quarter a year earlier. Against the prior quarter it is up 1038.6%.
Not reported for Q3 2026.
Not reported for Q3 2026.
Not reported for Q3 2026.
Cash & Balance Sheet
Gores Holdings X, Inc. Units held $97K in cash as of Q3 2026; no long-term debt figure is on record for that period.
Not reported for Q3 2026.
Not reported for Q3 2026.
Margins & Returns
None of these metrics is reported for Q3 2026.
Capital Allocation
None of these metrics is reported for Q3 2026.
GTENU Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'25Filing | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'24Filing |
|---|---|---|---|---|---|---|---|---|
| Operating Income | -$2.1Mn/m | -$1.4Mn/m | -$190Kn/m | -$1.3M | -$338K | -$175K | -$54K | N/A |
| Net Income | $3.0M+63.4% | $265Kn/m | $6.1Mn/m | $869Kn/m | $1.8Mn/m | -$1.7Mn/m | -$54Kn/m | $0 |
| EPS (Basic) | N/A | N/A | N/A | N/A | N/A | N/A | -$0.01 | N/A |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | -$0.01 | N/A |
| Diluted Shares (Avg) | N/A | N/A | N/A | N/A | N/A | N/A | 9M | N/A |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, EBITDA, Interest Expense, Income Tax.
GTENU Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'25Filing | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'24Filing |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $377.8M+3.4% | $374.6M+3.5% | $371.7M+19333.3% | $368.7M+31025.1% | $365.5M | $362.0M | $1.9M | $1.2M |
| Current Assets | $275K-58.1% | $463K-46.2% | $782K | $975K-17.7% | $656K | $861K | N/A | $1.2M |
| Cash & Equivalents | $97K-53.6% | $195K-39.3% | $431K+15448.9% | $620K+22235.1% | $208K | $321K | $3K | $3K |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0 | $0 | $0 | $0 |
| Total Liabilities | $409.2M+3.8% | $405.6M+4.3% | $399.9M+19829.1% | $400.0M+32564.4% | $394.2M | $388.9M | $2.0M | $1.2M |
| Current Liabilities | $5.6M+235.8% | $3.7M+142.5% | $2.7M | $2.7M+119.3% | $1.7M | $1.5M | N/A | $1.2M |
| Non-Current Liabilities | $403.6M+2.8% | $401.9M+3.7% | $397.3M | $397.3Mn/m | $392.5M | $387.4M | N/A | $0 |
| Total Equity | -$31.4Mn/m | -$31.0Mn/m | -$28.2Mn/m | -$31.3Mn/m | -$28.7Mn/m | -$27.0Mn/m | -$94Kn/m | -$40K |
| Retained Earnings | -$31.4Mn/m | -$31.0Mn/m | -$28.2Mn/m | -$31.3Mn/m | -$28.7M | -$27.0M | -$119K | -$65K |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
GTENU Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.
GTENU Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Debt-to-Equity, Liabilities-to-Equity, Asset Turnover, FCF Margin.
Note: Shareholder equity is negative (-$31.3M), which causes the debt-to-equity, liabilities-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.36), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Where Gores Holdings X, Inc. Units Ranks
Frequently Asked Questions
Yes, Gores Holdings X, Inc. Units (GTENU) reported a net income of $10.3M over the trailing 12 months to September 30, 2026. In fiscal year 2025 it reported a net income of $921K.
Gores Holdings X, Inc. Units (GTENU) recorded an outflow of $1.0M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
Gores Holdings X, Inc. Units (GTENU) had $368.7M in total assets as of fiscal year 2025, including both current and long-term assets.
Gores Holdings X, Inc. Units (GTENU) had a current ratio of 0.36 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
Gores Holdings X, Inc. Units (GTENU) had a return on assets of 0.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Gores Holdings X, Inc. Units (GTENU) has negative shareholder equity of -$31.3M as of fiscal year 2025, so no debt-to-equity or liabilities-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
Gores Holdings X, Inc. Units (GTENU) has a Piotroski F-Score of 2 out of 5 computable signals; 4 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.