CLARIVATE PLC Earnings Per Share Disclosure
Year Ended December 31, | |||||
2025 | 2024 | 2023 | |||
Basic EPS | |||||
Net income (loss) | $(201.1) | $(636.7) | $(911.2) | ||
Dividends on preferred shares | — | 31.3 | 75.4 | ||
Net income (loss) attributable to ordinary shares | $(201.1) | $(668.0) | $(986.6) | ||
Weighted average shares, basic | 673.3 | 693.6 | 671.6 | ||
Basic EPS | $(0.30) | $(0.96) | $(1.47) | ||
Diluted EPS | |||||
Net income (loss) attributable to ordinary shares | $(201.1) | $(668.0) | $(986.6) | ||
Change in fair value of private placement warrants | — | — | — | ||
Net income (loss) attributable to ordinary shares, diluted | $(201.1) | $(668.0) | $(986.6) | ||
Weighted average shares, basic | 673.3 | 693.6 | 671.6 | ||
Weighted average effect of potentially dilutive shares | — | — | — | ||
Weighted average shares, diluted | 673.3 | 693.6 | 671.6 | ||
Diluted EPS | $(0.30) | $(0.96) | $(1.47) | ||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 24, 2026 | Showing above |
| 2024 | Feb 19, 2025 | |
| 2023 | Feb 27, 2024 | |
| 2022 | Mar 1, 2023 | |
| 2021 | Mar 10, 2022 | |
| 2020 | Feb 26, 2021 | |
| 2019 | Mar 2, 2020 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.