Thayer Ventures Acquisition Corporation II Unit (TVAIU) Financials
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 13, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the TVAIU SEC filings page.
This page shows Thayer Ventures Acquisition Corporation II Unit (TVAIU) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. All figures are derived from SEC filings (10-K and 10-Q reports).
Acquisition-vehicle structure leaves liabilities above assets despite positive net income and operating cash flow.
Net income quality is difficult to read: the company reported$3.9M of net income but only$617K of operating cash flow, while operating income was negative-$1.0M . The combination suggests that reported earnings were driven by items outside recurring operating performance.
Negative equity of
The cash-flow profile is dominated by investing activity: investing cash flow was negative
Financial Health Signals
Thayer Ventures Acquisition Corporation II Unit does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
For every $1 of reported earnings, Thayer Ventures Acquisition Corporation II Unit generates $0.16 in operating cash flow ($617K OCF vs $3.9M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Earnings & Revenue
Thayer Ventures Acquisition Corporation II Unit reported $1.4M in net income in Q2 2026. This represents an increase of 187.5% from the same quarter a year earlier. Against the prior quarter it is up 42.0%.
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Cash & Balance Sheet
Thayer Ventures Acquisition Corporation II Unit held $0 in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
None of these metrics is reported for Q2 2026.
Capital Allocation
None of these metrics is reported for Q2 2026.
TVAIU 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 | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| SG&A Expenses | $292K-38.2% | $330K+1721.3% | N/A | $158K+1008.1% | $472K+1813.4% | $18K | N/A | $14K |
| Operating Income | -$292K+38.2% | -$330K-1721.3% | N/A | -$158K-1008.1% | -$472K-1813.4% | -$18K | N/A | -$14K |
| Net Income | $1.4M+187.5% | $994K+709.3% | N/A | $2.0M+13905.4% | $491K+2091.0% | -$163K | N/A | -$14K |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, EBITDA, Interest Expense, Income Tax, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
TVAIU 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 | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $209.8M+3.3% | $208.5M+18184.2% | $206.8M+33108.9% | $205.1M | $203.1M | $1.1M | $623K | N/A |
| Current Assets | $165K-78.9% | $291K | $437K | $648K | $779K | N/A | $0 | N/A |
| Cash & Equivalents | $0 | $0 | $0 | $0 | $0 | $0 | $0 | N/A |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | N/A |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | N/A |
| Total Liabilities | $218.6M+3.7% | $217.0M+18017.0% | $215.0M+32368.0% | $212.9M | $210.8M | $1.2M | $662K | N/A |
| Current Liabilities | $732K+415.3% | $723K-3.4% | $156K-76.5% | $125K | $142K | $748K | $662K | N/A |
| Non-Current Liabilities | $217.9M+3.4% | $216.3M+47949.5% | $214.8M | $212.8M | $210.6M | $450K | $0 | N/A |
| Total Equity | -$8.8M-15.4% | -$8.5M-14701.2% | -$8.2M-20661.9% | -$7.8M-55871.6% | -$7.6M-2161979.6% | -$58K | -$39K | -$14K |
| Retained Earnings | -$8.8M-15.4% | -$8.5M-3642.2% | -$8.2M-12605.4% | -$7.8M | -$7.6M | -$228K | -$64K | N/A |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
TVAIU 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, Capital Expenditures, Free Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
TVAIU 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, Asset Turnover, FCF Margin.
Note: Shareholder equity is negative (-$8.2M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Where Thayer Ventures Acquisition Corporation II Unit Ranks
Frequently Asked Questions
Is Thayer Ventures Acquisition Corporation II Unit profitable?
Yes, Thayer Ventures Acquisition Corporation II Unit (TVAIU) reported a net income of $3.9M in fiscal year 2025.
What is Thayer Ventures Acquisition Corporation II Unit's operating cash flow?
Thayer Ventures Acquisition Corporation II Unit (TVAIU) generated $617K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Thayer Ventures Acquisition Corporation II Unit's total assets?
Thayer Ventures Acquisition Corporation II Unit (TVAIU) had $206.8M in total assets as of fiscal year 2025, including both current and long-term assets.
What is Thayer Ventures Acquisition Corporation II Unit's current ratio?
Thayer Ventures Acquisition Corporation II Unit (TVAIU) had a current ratio of 2.81 as of fiscal year 2025, which is generally considered healthy.
What is Thayer Ventures Acquisition Corporation II Unit's return on assets (ROA)?
Thayer Ventures Acquisition Corporation II Unit (TVAIU) had a return on assets of 1.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Why is Thayer Ventures Acquisition Corporation II Unit's debt-to-equity ratio negative or not reported?
Thayer Ventures Acquisition Corporation II Unit (TVAIU) has negative shareholder equity of -$8.2M as of fiscal year 2025, so no debt-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.
Are Thayer Ventures Acquisition Corporation II Unit's earnings high quality?
Thayer Ventures Acquisition Corporation II Unit (TVAIU) has an earnings quality ratio of 0.16x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.