Claritev Corporation CTEV

FY2025 · ended Dec 31, 2025 · Revenue $965.41M, +3.7% YoY · Filed Feb 26, 2026

Claritev Corporation (CTEV) files with the SEC under industry code 7389, Services-Business Services, NEC. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $965.4 million and a net loss of $284.3 million. Free cash flow was -$12.3 million. As of Jun 30, 2026 it held $14.4 million in cash and investments and $4.7 billion in total debt.

Revenue (TTM)
$994.67M
+6.3% vs year-ago TTM
Net income (TTM)
$-283.11M
+57.3% vs year-ago TTM
Operating cash flow (TTM)
$133.03M
+88.4% vs year-ago TTM
Free cash flow (TTM)
$-17.92M
+67.4% vs year-ago TTM
EPS (TTM)
$-16.99
+58.4% vs year-ago TTM
Dividend per share
None
Shares outstanding
16.55M
+2.2% vs prior year
Net cash
$-4.64B
as of Jun 30, 2026
Operating margin
3.3%
FY 2026

Company profile

Industry
Services-Business Services, NEC (SIC 7389)
Listed as
CTEV (NYSE)
Fiscal year ends
December 31
Incorporated in
DE
Headquarters
Mclean, VA
SEC filer status
Accelerated filer
SEC CIK
1793229
Former names
MultiPlan Corp (until Feb 7, 2025); Churchill Capital Corp III (until Oct 6, 2020); Butler Acquisition Corp (until Dec 23, 2019)

Other Services-Business Services, NEC companies

Key figures

Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.

Line
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
Revenue
$965.4M
$930.6M
$961.5M
$1.1B
$1.1B
Operating income
$28.8M
-$1.4B
$162.0M
-$362.7M
$386.1M
Net income
-$284.3M
-$1.6B
-$91.7M
-$572.9M
$102.1M
Diluted EPS
-$17.30
-$101.92
-$5.69
-$0.90
$0.16
Operating cash flow
$117.3M
$107.6M
$171.7M
$372.4M
$404.7M
Free cash flow
-$12.3M
-$10.5M
$62.9M
$282.6M
$320.1M
Total assets
$4.9B
$5.2B
$7.0B
$7.4B
$8.2B
Total liabilities
$5.1B
$5.1B
$5.3B
$5.6B
$5.9B
Stockholders' equity
-$173.9M
$84.0M
$1.7B
$1.8B
$2.3B
Cash and investments
$16.8M
$16.8M
$71.5M
$334.0M
$185.3M
Total debt
$4.6B
$4.6B
$4.6B
$4.8B
$5.0B

Recent SEC filings

Recent SEC filings
Form Description Filed Period
8-K Current report
Officer or director change, Regulation FD disclosure
Oct 15, 2026 Oct 15, 2026
8-K Current report
Officer or director change, Regulation FD disclosure
Sep 15, 2026 Sep 14, 2026
10-Q Quarterly report Aug 7, 2026 Jun 30, 2026
8-K Current report
Results of operations
Aug 7, 2026 Aug 7, 2026
8-K Current report
Other events
Jul 6, 2026 Jul 6, 2026
8-K Current report
Regulation FD disclosure
Jun 22, 2026 Jun 22, 2026

Source: SEC EDGAR filings. This is company-reported data, not investment advice.