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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Revenue $ 838,692 $ 731,593 $ 639,111
Operating expenses:      
Cost of services (excluding depreciation and amortization) 595,085 461,777 399,900
Sales, general and administrative 176,732 131,947 114,661
Equity restructuring costs 193,163 0 0
Depreciation and amortization 9,005 8,325 7,691
Total operating expenses 973,985 602,049 522,252
Operating (loss) income (135,293) 129,544 116,859
Interest income 4,166 4,524 2,660
Interest expense (1,436) (64) (138)
Other income, net 5,391 3,192 1,559
(Loss) income before income tax expense (127,172) 137,196 120,940
Income tax expense 2,997 2,395 2,257
Net (loss) income (130,169) $ 134,801 $ 118,683
Net income (127,845)    
Net loss attributable to Andersen Group Inc. [1] $ (2,324)    
Common Class A      
Operating expenses:      
Net loss per share of Class A common stock, basic (in dollars per share) [2] $ (0.18)    
Weighted-average shares of Class A common stock outstanding, basic (in shares) [2] 12,650,000    
Net loss per share of Class A common stock, diluted (in dollars per share) [2] $ (0.22)    
Weighted-average shares of Class A common stock outstanding, diluted (in shares) [2] 110,944,464    
[1]
Represents net loss attributable to Andersen Group Inc. for the period following the IPO and Reorganization Transactions as described in Note 1 in the accompanying notes.
[2]
Represents net loss per share of Class A common stock and weighted-average shares of Class A common stock outstanding for the period following the IPO and Reorganization Transactions as described in Note 1 in the accompanying notes. Refer to Note 15 in the accompanying notes for further information on the determination of the net loss per share and weighted-average share amounts.