Vision Marine Technologies reported total assets of $45.24M and total liabilities of $39.22M for the quarter ended May 2026. This balance sheet covers 26 quarters of results from Aug 2019 through May 2026, standardized by Business Quant from the company’s SEC filings.
| Balance Sheet | Aug2019 | May2020 | Aug2020 | Feb2021 | May2021 | Aug2021 | Nov2021 | Feb2022 | May2022 | Aug2022 | Nov2022 | Feb2023 | May2023 | Aug2023 | Nov2023 | Feb2024 | May2024 | Aug2024 | Nov2024 | Feb2025 | Mar2025 | May2025 | Aug2025 | Nov2025 | Feb2026 | May2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Accumulated Depreciation | 0.53M | 0.66M | 0.82M | 0.92M | ||||||||||||||||||||||
| Loans - NetNet Loans | -0.38M | -0.63M | -0.74M | -0.45M | 0.38M | 0.68M | 0.51M | |||||||||||||||||||
| Assets | ||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||
| Cash & EquivalentsCash & Equiv. | 11.57M | 7.67M | 6.18M | 4.52M | 3.05M | 1.13M | 2.52M | 0.62M | 0.88M | 0.25M | 0.05M | 0.70M | 10.61M | 2.00M | 7.92M | 7.42M | 2.30M | 4.06M | 0.81M | |||||||
| Receivables - NetNet Receivables | 0.40M | 0.17M | 0.41M | 0.37M | 0.71M | 0.58M | 0.41M | 0.37M | 0.28M | 0.24M | 0.10M | 0.10M | 1.03M | 0.31M | 0.45M | 0.56M | 0.47M | |||||||||
| Receivables - OtherOther Receivables | 0.01M | 0.00M | ||||||||||||||||||||||||
| Receivables | 0.40M | 0.17M | 0.41M | 0.38M | 0.71M | 0.58M | 0.41M | 0.37M | 0.28M | 0.24M | 0.10M | 0.10M | 1.03M | 0.31M | 0.45M | 0.56M | 0.47M | |||||||||
| Raw Materials | 1.33M | 1.17M | 2.22M | 2.73M | 3.28M | 3.99M | 4.01M | 4.40M | 5.18M | 4.76M | ||||||||||||||||
| Work In Process | 0.37M | 0.41M | 1.14M | |||||||||||||||||||||||
| Finished Goods | 0.24M | 0.39M | 0.55M | 0.64M | 0.48M | 0.27M | 0.23M | 21.34M | 23.73M | 15.37M | ||||||||||||||||
| Inventory | 2.21M | 2.37M | 2.55M | 1.63M | 2.52M | 2.72M | 1.83M | 2.33M | 3.56M | 4.03M | 4.53M | 4.59M | 66.85M | 36.87M | 31.37M | 30.24M | 20.73M | |||||||||
| Prepaid Assets | 0.83M | 2.18M | 2.62M | 1.92M | 0.65M | 1.01M | 1.48M | 2.08M | 2.86M | 2.01M | 1.58M | 2.20M | 1.09M | 3.77M | 5.23M | 3.59M | 3.79M | |||||||||
| Current Deferred Tax Assets | 0.10M | 0.10M | 0.10M | 0.15M | 0.03M | 0.01M | ||||||||||||||||||||
| Current Assets | 15.44M | 13.15M | 12.57M | 9.01M | 8.35M | 6.09M | 6.37M | 5.50M | 7.66M | 6.58M | 6.29M | 7.68M | 70.97M | 58.97M | 45.95M | 45.49M | 32.90M | |||||||||
| Non-Current Assets | ||||||||||||||||||||||||||
| Property, Plant & Equipment (Net) | 1.18M | 1.45M | 1.52M | 1.72M | 2.32M | 2.35M | 1.74M | 1.64M | 1.71M | 1.14M | 1.15M | 1.11M | 18.62M | 3.31M | 3.18M | 2.98M | 2.91M | |||||||||
| Long-Term Investments | ||||||||||||||||||||||||||
| Goodwill | 7.29M | 7.14M | 7.12M | 7.26M | 9.71M | 9.73M | 7.26M | 7.12M | 4.04M | 3.25M | 0.19M | 0.19M | ||||||||||||||
| Intangibles | 0.96M | 0.92M | 0.90M | 0.86M | 1.05M | 1.01M | 0.73M | 0.68M | 0.66M | 0.66M | 0.63M | 0.61M | 0.48M | 0.46M | 0.51M | 0.49M | ||||||||||
| Goodwill & Intangibles | 8.24M | 8.06M | 8.02M | 8.13M | 10.75M | 10.73M | 1.01M | 7.80M | 4.70M | 3.91M | 0.63M | 0.61M | 0.66M | 0.48M | 0.46M | 0.70M | 0.68M | |||||||||
| Long-Term Deferred Tax | 0.01M | 0.01M | 0.01M | 4.79M | 0.15M | 0.15M | 0.03M | 0.07M | 0.14M | 0.08M | 0.07M | 0.06M | 0.01M | 0.00M | 0.01M | 0.01M | ||||||||||
| Other Non-Current Assets | 0.15M | 0.40M | ||||||||||||||||||||||||
| Non-Current Assets | 14.01M | 13.24M | 13.50M | 13.59M | 15.37M | 15.82M | 11.67M | 17.39M | 8.21M | 6.00M | 2.05M | 1.97M | 20.20M | 10.94M | 13.72M | 13.14M | 12.34M | |||||||||
| Assets | 29.45M | 26.40M | 26.07M | 22.60M | 23.72M | 21.90M | 18.03M | 22.88M | 15.87M | 12.58M | 8.34M | 9.65M | 91.17M | 59.66M | 58.63M | 45.24M | ||||||||||
| Liabilities | ||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||
| Accounts Payables | 0.65M | 0.66M | 0.68M | 0.80M | 1.82M | 1.78M | 1.32M | 2.08M | 1.54M | 1.84M | 3.28M | 1.50M | 7.67M | 8.61M | 7.50M | 8.34M | ||||||||||
| Notes Payables | 0.01M | 0.01M | 0.01M | 3.78M | 3.25M | 4.17M | 0.67M | 5.95M | 6.15M | 0.16M | 0.00M | 51.36M | 0.51M | 22.28M | 0.44M | 0.04M | ||||||||||
| Payables | 0.67M | 0.67M | 0.70M | 0.80M | 5.59M | 5.03M | 5.49M | 2.75M | 7.49M | 7.99M | 3.44M | 1.50M | 59.03M | 9.12M | 22.28M | 7.94M | 8.38M | |||||||||
| Accumulated Expenses | 0.71M | 0.73M | ||||||||||||||||||||||||
| Other Accumulated Expenses | 0.43M | 0.99M | ||||||||||||||||||||||||
| Short term Debt | -0.02M | -0.03M | 0.08M | -0.05M | 0.05M | 0.33M | 0.29M | 0.20M | 0.24M | 0.12M | 0.05M | 0.07M | 0.08M | 0.75M | 32.51M | 18.15M | 10.17M | |||||||||
| Current Leases | 0.04M | 0.08M | 0.11M | 0.12M | 0.03M | 0.58M | 0.67M | 0.49M | 0.50M | 0.53M | 0.32M | 0.09M | 0.10M | 0.02M | 0.56M | 0.03M | 1.67M | 2.46M | 2.50M | 2.53M | ||||||
| Current Taxes | 0.15M | 0.01M | 0.02M | 0.00M | 0.03M | 0.01M | ||||||||||||||||||||
| Current Deferred Revenue | 0.66M | 0.80M | 1.22M | 0.80M | 0.73M | 0.85M | 1.36M | 1.36M | 1.31M | 0.67M | 0.60M | 0.65M | 3.81M | 5.67M | 5.90M | 6.37M | 3.63M | |||||||||
| Total Current Liabilities | 2.12M | 2.16M | 2.62M | 2.23M | 4.61M | 3.96M | 3.64M | 4.40M | 3.74M | 2.94M | 5.62M | 2.67M | 64.14M | 49.70M | 41.24M | 35.53M | 26.04M | |||||||||
| Non-Current Liabilities | ||||||||||||||||||||||||||
| Capital Leases | ||||||||||||||||||||||||||
| Non-Current Debt | 0.04M | 0.18M | 0.17M | 0.12M | 0.12M | 0.10M | 0.03M | 0.01M | 0.17M | 0.10M | 0.26M | 0.25M | 14.11M | 1.37M | 1.26M | 1.23M | 1.13M | |||||||||
| Convertible Debt | 1.89M | |||||||||||||||||||||||||
| Non-Current Deffered Revenue | ||||||||||||||||||||||||||
| Operating Leases | 1.86M | 1.70M | 1.59M | 1.88M | 1.80M | 2.15M | 1.98M | 1.35M | 1.79M | 0.98M | 0.10M | 0.09M | 0.35M | 7.01M | 5.34M | 7.67M | 7.04M | 6.39M | ||||||||
| Non-Current Deferred Tax Liability | 0.15M | 0.03M | 0.01M | |||||||||||||||||||||||
| Total Non-Current Liabilities | 1.71M | 5.72M | 0.37M | 11.77M | ||||||||||||||||||||||
| Total Liabilities | 4.12M | 4.14M | 4.47M | 3.94M | 10.45M | 9.61M | 9.36M | 8.77M | 11.11M | 9.85M | 6.13M | 3.00M | -16.42M | 84.19M | -12.27M | 61.46M | 55.41M | 49.14M | 39.22M | |||||||
| Shareholder's Equity | ||||||||||||||||||||||||||
| Total Debt | 0.06M | 0.26M | 0.18M | 0.07M | 0.05M | 4.23M | 3.64M | 4.40M | 0.91M | 6.24M | 6.29M | 0.49M | 0.33M | 66.22M | 34.40M | 23.54M | 19.82M | 11.34M | ||||||||
| Common Equity | 25.33M | 22.26M | 21.60M | 18.66M | 45.41M | 9.06M | 8.67M | 10.34M | 4.76M | 2.73M | 2.21M | 6.64M | 16.42M | 6.98M | 12.27M | 8.45M | 4.25M | 9.49M | 6.03M | |||||||
| Liabilities and Shareholders Equity | 29.45M | 26.40M | 26.07M | 22.60M | 23.72M | 21.90M | 18.03M | 22.88M | 15.87M | 12.58M | 8.34M | 9.65M | 91.17M | 59.66M | 58.63M | 45.24M | ||||||||||
| Treasury Shares | -2.40M | |||||||||||||||||||||||||
| Retained Earnings | -16.71M | -19.84M | -20.95M | -23.82M | -44.16M | -47.25M | -38.66M | -37.02M | -43.84M | -45.47M | -47.92M | -48.90M | 0.19M | -71.58M | -75.89M | -77.76M | -83.47M |