Lafayette Square USA, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $618.0K | - | $618.0K | $590.0K | $250.0K | - | $346.0K | $773.0K | $330.0K | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | $7.40M | - | $7.43M | $6.85M | $5.60M | - | $2.48M | $428.0K | $721.0K | - |
| Income Tax | $0 | - | ($532.0K) | $41.0K | $0 | - | $0 | - | - | - |
| Net Income | $4.73M | - | $5.66M | $9.11M | $11.15M | - | $4.60M | $6.48M | $7.87M | - |
| EPS - Basic | $0.17 | - | $0.23 | $0.38 | $0.46 | - | $0.20 | $0.29 | $0.36 | - |
| EPS - Diluted | $0.17 | - | $0.23 | $0.38 | $0.46 | - | $0.20 | $0.29 | $0.36 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $193.20M | $199.19M | $178.73M | $119.32M | $146.57M | $202.45M | $216.88M | $99.35M | $73.23M | $109.77M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $1.03B | $1.00B | $944.38M | $867.54M | $827.77M | $770.55M | $688.41M | $528.67M | $407.33M | $385.83M |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $601.96M | $592.14M | $555.70M | $504.45M | $468.20M | $418.14M | $339.47M | $194.30M | $85.49M | $66.59M |
| Stockholders' Equity | $429.58M | $411.33M | $388.68M | $363.10M | $359.57M | $352.41M | $348.94M | $334.37M | $321.84M | $319.24M |
| Retained Earnings | ($3.91M) | $554.0K | $1.64M | $4.56M | $3.96M | $1.20M | ($181.0K) | $2.68M | $2.93M | $1.54M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($32.46M) | - | - | - | ($103.08M) | - | - | - | ($50.36M) | - |
| Investing Cash Flow | - | - | - | - | - | - | - | - | - | - |
| Financing Cash Flow | $26.47M | - | - | - | $47.20M | - | - | - | $13.83M | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 0.0% | - | -10.4% | 0.4% | 0.0% | - | 0.0% | - | - | - |
| Return on assets | 0.5% | - | 0.6% | 1.0% | 1.3% | - | 0.7% | 1.2% | 1.9% | - |
| Return on equity | 1.1% | - | 1.5% | 2.5% | 3.1% | - | 1.3% | 1.9% | 2.4% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 2.40 | 2.44 | 2.43 | 2.39 | 2.30 | 2.19 | 1.97 | 1.58 | 1.27 | 1.21 |
| Liabilities / Assets | 0.58 | 0.59 | 0.59 | 0.58 | 0.57 | 0.54 | 0.49 | 0.37 | 0.21 | 0.17 |
| Efficiency | ||||||||||
| Asset turnover | - | - | - | - | - | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Net income growth (YoY) | -57.6% | - | 22.9% | 40.5% | 41.7% | - | - | 295.7% | 560.6% | - |
| EPS growth (YoY) | -63.0% | - | 15.0% | 31.0% | 27.8% | - | -25.9% | -63.7% | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 19.5% | 16.7% | 11.4% | 8.6% | 11.7% | 10.4% | 577.2% | 73.8% | 151.7% | - |