ContextLogic Holdings Inc LOGC

Consumer DiscretionaryInvestment Holding CompaniesUnited States of America

Last close 15.39 USD on Nov 1, 2026, +103.8% year to date

Quant rating

Quant rating D Rank 328 of 344 in Consumer Discretionary

Growth D 318 of 344
Valuation D 342 of 344
Quality D 337 of 344
Revisions D 318 of 344
Momentum A 18 of 344

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Growth and profitability

Growth and profitability by fiscal year
	2025	2024	2023	2022	2021	5Y avg
Revenue (mil)	0	43.0	287	571	2,085	–
Revenue growth	−100.0%	−85.0%	−49.7%	−72.6%	−17.9%	–
EPS (basic, normalized)	–	−3.07	−13.23	−17.10	−17.10	–
EPS growth	–	–	–	–	–	–
Gross margin	–	16.3%	20.6%	29.1%	53.1%	29.8%
Net margin	–	−174.4%	−110.5%	−67.3%	−17.3%	−92.4%
ROE	−20.4%	−40.8%	−91.4%	−59.3%	−39.1%	−50.2%

Balance sheet, last quarter
Cash & short-term investments (mil)	11.0
Current ratio	1.87x
Long-term debt (mil)	210
Net debt (mil)	644
Total equity (mil)	292
Net debt / equity	2.21x
Net debt / EBITDA	–

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			EBITDA (mil)			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	EV/EBITDA	Mean est.	Growth	P/E
2025 actual	0	−100.0%	–	–	–	–	–	–	–

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2026	–	–	–	–	–	–	–	–
2027	–	–	–	–	–	–	–	–
2028	–	–	–	–	–	–	–	–

Earnings surprises

Reported results versus consensus, last 10 fiscal quarters
Quarter ended	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	FQ-1	FQ0
Sales reported (mil)	60.0	53.0	36.0	7.0	0	0	–	–	–	–
Sales mean (mil)	57.4	53.1	40.5	1.7	–	–	–	–	–	–
Surprise	+4.6%	−0.1%	−11.1%	+302.3%	–	–	–	–	–	–
EPS reported	−3.35	−2.69	−2.43	−0.65	−0.04	−0.08	−0.27	−0.23	–	–
EPS mean	−3.31	−2.66	−2.10	−0.06	−0.01	0.04	−0.08	−0.04	–	–
Surprise	−1.2%	−1.1%	−15.7%	−983.3%	−300.0%	−300.0%	−237.5%	−475.0%	–	–

Peer comparison Investment Holding Companies

Peers in the same industry group, by market capitalization
Company	Market cap	Net debt/EBITDA	Net margin	P/B	FY1 P/E	FY2 P/E	FY1 EV/EBITDA	FY2 EV/EBITDA
LOGC ContextLogic Holdings Inc	707M	–	–	2.42x	–	–	–	–
CODI Compass Diversified Holdings	839M	9.91x	−14.5%	1.78x	57.4x	16.8x	12.1x	10.3x
TIPT Tiptree Inc	621M	–	−7,232.5%	0.70x	–	–	–	–
QRC Queen's Road Capital Investment Ltd	521M	–	95.8%	0.95x	–	–	–	–
PALX Palomino Laboratories Inc	392M	–	–	15.99x	–	–	–	–
ORBS Eightco Holdings Inc (Texas)	341M	–	−794.7%	0.89x	–	–	–	–
Mean		9.91x	−1,986.5%	3.79x	57.4x	16.8x	12.1x	10.3x
Median		9.91x	−404.6%	1.36x	57.4x	16.8x	12.1x	10.3x

Technical analysis

1M+2.6%
3M+63.5%
1Y+111.6%
3Y+321.0%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, ContextLogic Holdings Inc, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Total revenue	0	43.0	287	571	2,085	2,541
Cost of revenue	0	36.0	228	405	977	947
Gross profit	0	7.0	59.0	166	1,108	1,594
Selling, general & administrative expenses	31.0	60.0	224	364	1,261	2,003
Research & development	0	26.0	152	194	208	222
Interest expense (income), operating	–	–	–	–	–	–
Unusual expense (income)	–	–	11.0	6.0	6.0	–
Other operating expenses	0	0	0	0	0	0
Operating income	−31.0	−79.0	−328	−398	−367	−631
Net interest income (expense)	8.0	6.0	16.0	15.0	16.0	−2.0
Gain (loss) on sale of assets	0	4.0	–	–	–	–
Other non-operating income (expense)	0	0	0	0	0	−110
Net income before taxes	−23.0	−69.0	−312	−383	−351	−743
Provision for taxes	0	6.0	5.0	1.0	10.0	2.0
Minority interest	−6.0	–	–	–	–	–
Equity in affiliates	–	–	–	–	–	–
U.S. GAAP adjustment	–	–	–	–	–	–
Net income before extraordinary items	−29.0	−75.0	−317	−384	−361	−745
Extraordinary items	–	–	–	–	–	–
Net income	−29.0	−75.0	−317	−384	−361	−745
EBIT, normalized	−31.0	−79.0	−304	−389	−361	−631
EBITDA, normalized	–	−78.0	−300	−383	−352	−619
Basic EPS, normalized	–	−3.07	−13.23	−17.10	−17.10	–

Balance sheet in millions of USD, fiscal years

Balance sheet, ContextLogic Holdings Inc, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Assets
Cash & short-term investments	218	149	382	719	1,159	2,129
Receivables	–	0	7.0	14.0	17.0	83.0
Total inventory	–	–	–	–	–	–
Prepaid expenses	–	–	21.0	37.0	48.0	102
Other current assets	0	7.0	0	7.0	0	0
Total current assets	218	156	410	777	1,224	2,314
Property, plant & equipment	–	0	9.0	18.0	35.0	68.0
Goodwill	–	–	–	–	–	–
Intangibles	–	–	–	–	–	–
Long-term investments	–	–	–	0	17.0	4.0
Note receivable	–	–	–	–	–	–
Other long-term assets	0	0	4.0	4.0	7.0	11.0
Total assets	218	156	423	799	1,283	2,397
Liabilities
Accounts payable	5.0	0	104	173	252	888
Payable/accrued	–	–	–	–	–	–
Accrued expenses	2.0	5.0	90.0	129	165	330
Short-term debt	0	0	0	0	0	0
Current portion of long-term debt	–	–	–	–	–	–
Other current liabilities	0	0	2.0	7.0	32.0	114
Total current liabilities	7.0	5.0	196	309	449	1,332
Long-term debt	0	0	0	0	0	0
Minority interest	78.0	–	–	–	–	–
Other liabilities	0	0	10.0	13.0	16.0	38.0
Total liabilities	85.0	5.0	206	322	465	1,370
Shareholders' equity
Preferred stock	–	–	–	–	–	–
Common stock	0	0	0	0.1	0.1	0.1
Additional paid-in capital	3,485	3,481	3,470	3,411	3,360	3,210
Retained earnings (accumulated deficit)	−3,352	−3,330	−3,246	−2,929	−2,545	−2,184
Treasury stock	–	–	–	–	–	–
Other equity	0	0	−7.0	−5.1	2.9	0.9
Total equity	133	151	217	477	818	1,027
Total liabilities & shareholders' equity	218	156	423	799	1,283	2,397

Cash flow statement in millions of USD, fiscal years

Cash flow statement, ContextLogic Holdings Inc, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Operating activities
Net income	−23.0	−75.0	−317	−384	−361	−745
Depreciation, depletion & amortization	0	1.0	4.0	6.0	9.0	12.0
Deferred taxes	–	–	–	–	–	–
Non-cash items	5.0	5.0	62.0	92.0	169	508
Changes in working capital	2.0	−25.0	−90.0	−136	−768	225
Cash from operations	−16.0	−94.0	−341	−422	−951	0
Investing activities
Capital expenditures	–	−133	−3.0	−2.0	−2.0	−2.0
Other investing cash flows	−52.0	65.0	77.0	−45.0	−1.0	167
Cash from investing	−52.0	−68.0	74.0	−47.0	−3.0	165
Financing activities
Financing cash flow items	72.0	−1.0	−5.0	−23.0	−6.0	−5.0
Cash dividends paid	–	–	–	–	–	–
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	0	0	0	1.0	13.0	1,051
Cash from financing	72.0	−1.0	−5.0	−22.0	7.0	1,046
Foreign exchange effects	–	−2.0	−3.0	−14.0	–	–
Net change in cash	4.0	−165	−275	−505	−947	1,211
Free cash flow	−16.0	−227	−344	−424	−953	−2.0

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 1, 2026 after market close.