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Claritev Corporation CTEV Business Segments — Gain (Loss) on Extinguishment of Debt

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Other financials

Income statement

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Revenue$257.5M+6.6%
Gross profit$189.8M+5.0%
Operating income$23.4M+41.2%
Net income-$59.2M+5.5%
EPS (diluted)-$3.49+8.4%

Balance sheet

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Cash & equivalents$27.7M-58.9%
Total debt$4.7B+1.0%
Total equity-$294.6M-638%
Total assets$4.8B-6.1%

Cash flow

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Operating cash flow$92.7M+51.3%
CapEx$38.1M+54.7%
Free cash flow-$92.5M-34.3%

Valuation

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Market cap$555.59M-45.3%
Enterprise value$5.2B-6.7%
P/S0.6×-0.5×

Profitability

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Gross margin73%-1.5pp
Operating margin-0.5%-0.3pp
Net margin-28.5%-10.7pp
FCF margin-10.6%

Returns & leverage

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Return on equity-198.7%-274pp
Debt / equity310.9×+307×
Current ratio0.0×

Where this comes from

Reported directly by Claritev Corporation in its filing.

Tagged under the XBRL concept us-gaap:GainsLossesOnExtinguishmentOfDebt.

The source filing: Claritev Corporation’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:02 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001793229-26-000067
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Interest expense100,25399,746199,795191,382
Interest income(195)(323)(377)(811)
Transaction costs related to refinancing transaction877,879
Loss on extinguishment of debt670
Net loss before taxes(76,649)(82,932)(169,370)(172,800)
Benefit for income taxes(17,423)(20,292)(36,584)(38,841)
Net loss(59,226)(62,640)(132,786)(133,959)
Less: net loss attributable to non-controlling interests

Item 1. Financial Statements

FAQ

What is Claritev Corporation's business segments — gain (loss) on extinguishment of debt?
Claritev Corporation (CTEV) reported business segments — gain (loss) on extinguishment of debt of $0 in Q2 2026.
What is the long-term trend for Claritev Corporation's business segments — gain (loss) on extinguishment of debt?
Over 2 years (2023 to 2025), Claritev Corporation's business segments — gain (loss) on extinguishment of debt has grown at a -88.9% compound annual growth rate (CAGR), from $53.97M to -$670K.
What does business segments — gain (loss) on extinguishment of debt mean?
This represents the difference between the reacquisition price of debt and its net carrying amount when debt is retired before its scheduled maturity. A gain indicates that debt was retired at a discount, while a loss suggests a premium was paid. It reflects the impact of debt management strategies on the segment's financial position.

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