Flagship explainer

How CLARIVATE PLC makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$2.5B · 100%Cost of revenue$834M · 34%Gross profit$1.6B · 66%Operating income$71.5M · 3%Income before tax−$194M · −8%Income tax$7.2M · 0%Net income−$201M · −8%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$2.5B100%
Cost of revenue$834M34%
$1.6B66%
$71.5M3%
Income before tax−$194M−8%
Income tax$7.2M0%
−$201M−8%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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