Compass Diversified Holdings files 10-K

Compass Diversified Holdings (CODI) reported a net loss attributable to Holdings of $226.4 million for the year ended December 31, 2025, compared to a net loss of $208.9 million in 2024, on net revenues of $1,873.6 million, up from $1,788.0 million in 2024. The company deconsolidated its Lugano subsidiary in November 2025 due to bankruptcy, which resulted in a significant loss on deconsolidation and ongoing legal and regulatory challenges. CODI also identified material weaknesses in its internal controls over financial reporting, which remain unremediated. Here are the key points for an investor: