EQV Ventures Acquisition Corp. II reported first-quarter 2026 results showing net income of $3.89M and diluted earnings per share of $0.07, versus a net loss of $(0.001M) and EPS of $(0.00) in the year-ago quarter. The improvement was driven by $4.3M of interest income on funds held in the company’s trust account.
Financial Highlights
- Net income was $3.89M for Q1 2026, compared with a net loss of $(0.001M) in Q1 2025; improvement driven by $4.30M interest income on the trust account.
- Diluted EPS was $0.07 for Q1 2026 (basic and diluted), versus $(0.00) for Q1 2025.
- Revenue: Not reported — the company has no operating revenues and generates non-operating interest income only.
Business Highlights
- Capital raise and trust funding: Completed IPO and private placements raising $467.9M; $472.8M held in trust to fund a target acquisition.
- Operational focus remains on target identification, due diligence and preparation for a business combination; no operating revenues to date.
- Interest income on trust funds has supported payment of taxes and permitted expenses, reducing immediate financing needs.
- Public company infrastructure and governance are in place to pursue a business combination, including reporting and compliance processes.
Original SEC Filing:
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