Compass Diversified (NYSE: CODI) files 10-K/A with restated 2022-2024 results

Rhea-AI Filing Summary

Compass Diversified Holdings (CODI) and its affiliated LLC reported that they filed an amended Annual Report on Form 10‑K/A for the year ended December 31, 2024. The amendment includes restated audited consolidated financial statements for year-end 2024, 2023 and 2022, as well as restated unaudited financial information for each interim period within those years. This means previously issued financial statements for three fiscal years and related quarters have been revised. The companies also issued a press release describing these matters, which is attached as an exhibit to this report.

Positive

• None.

Negative

• Multi‑year financial restatement: CODI is restating audited consolidated financial statements for 2022, 2023, and 2024, plus interim periods, which materially affects how its historical results are viewed.

Insights

Equity analyst – financial reporting focus

Multi‑year restatement signals meaningful changes in CODI’s past results.

Compass Diversified Holdings and its LLC affiliate have filed a Form 10‑K/A that restates audited consolidated financial statements for 2022, 2023, and 2024, plus restated unaudited data for all interim periods within those years. A restatement over three consecutive fiscal years typically indicates that earlier financial statements no longer fully reflect the company’s current view of its historical results.

The filing does not detail in this excerpt the specific drivers or size of the changes, but revising multiple years of audited and interim figures can affect how past performance trends are interpreted, including revenue, earnings, and leverage measures. The attached press release (Exhibit 99.1, dated December 8, 2025) is intended to provide additional context on the nature and scope of the restatements.

Because the restatement covers several years, market participants are likely to reassess historical comparisons once the updated statements in the 10‑K/A and related disclosures are reviewed in detail.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 8, 2025

COMPASS DIVERSIFIED HOLDINGS

(Exact name of registrant as specified in its charter)

Delaware

001-34927

57-6218917

(State or other jurisdiction of incorporation)

(Commission File Number)

(I.R.S. Employer Identification No.)

COMPASS GROUP DIVERSIFIED HOLDINGS LLC

(Exact name of registrant as specified in its charter)

Delaware

001-34926

20-3812051

(State or other jurisdiction of incorporation)

(Commission File Number)

(I.R.S. Employer Identification No.)

301 Riverside Avenue, Second Floor, Westport, CT 06880

(Address of principal executive offices and zip code)

Registrant’s telephone number, including area code: (203) 221-1703

Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class

Trading Symbol(s)

Name of Each Exchange on Which Registered

Shares representing beneficial interests in Compass Diversified Holdings

CODI

New York Stock Exchange

Series A Preferred Shares representing beneficial interests in Compass Diversified Holdings

CODI PR A

New York Stock Exchange

Series B Preferred Shares representing beneficial interests in Compass Diversified Holdings

CODI PR B

New York Stock Exchange

Series C Preferred Shares representing beneficial interests in Compass Diversified Holdings

CODI PR C

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Section 2     Financial Information

Item 2.02    Results of Operations and Financial Condition.

On December 8, 2025, Compass Diversified Holdings and Compass Group Diversified Holdings LLC filed with the Securities and Exchange Commission Amendment No. 1 to its Annual Report on Form 10-K/A for the fiscal year ended December 31, 2024 (the “Form 10-K/A”), which included restated audited consolidated financial statements as of December 31, 2024, 2023 and 2022, and for the fiscal years ended December 31, 2024, 2023, and 2022, as well as restated unaudited consolidated financial information for each of the interim periods included within the fiscal years ended December 31, 2024, 2023, and 2022.

On December 8, 2025, the Company issued a press release regarding the matters described above. A copy of the press release is furnished herewith as Exhibit 99.1 and incorporated herein by reference.

Section 9     Financial Statements and Exhibits

Item 9.01    Financial Statements and Exhibits

(d)    Exhibits.

Exhibit Number						Description
99.1						Press Release, dated December 8, 2025
104						Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: December 8, 2025			COMPASS DIVERSIFIED HOLDINGS
			By:						/s/ Stephen Keller
									Stephen Keller
									Regular Trustee

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: December 8, 2025			COMPASS GROUP DIVERSIFIED HOLDINGS LLC
			By:						/s/ Stephen Keller
									Stephen Keller
									Chief Financial Officer

FAQ

What did Compass Diversified Holdings (CODI) announce in this 8-K?

Compass Diversified Holdings and Compass Group Diversified Holdings LLC announced that they filed Amendment No. 1 to their Form 10‑K, which includes restated audited consolidated financial statements for the fiscal years ended December 31, 2024, 2023, and 2022, and restated unaudited financial information for each interim period within those years.

Which financial periods are being restated by CODI?

The amendment includes restated audited consolidated financial statements as of and for the years ended December 31, 2024, 2023, and 2022, and restated unaudited consolidated financial information for each interim period in those fiscal years.

Why is the CODI Form 10-K being amended?

The Form 10‑K is being amended via a Form 10‑K/A to incorporate restated financial statements and interim financial information for 2022, 2023, and 2024. The specific reasons for the restatement are not described in this excerpt but are addressed in the amended report and the related press release.

Did CODI provide any additional communication about the restatement?

Yes. On December 8, 2025, the company issued a press release discussing the restated financial information. This press release is furnished as Exhibit 99.1 and incorporated by reference.

Which entities are covered by this CODI 8-K and restatement?

Both Compass Diversified Holdings and Compass Group Diversified Holdings LLC are registrants in this report, and the 10‑K/A includes restated consolidated financial statements for these entities.

Does this 8-K include new earnings or guidance for CODI?

The 8‑K focuses on the filing of the Form 10‑K/A and the inclusion of restated financial statements and interim data. It does not provide new earnings guidance in the excerpt provided.