Exact Sciences Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-207.95	-1,029	-204.15	-623.51	-595.63
Depreciation & Amortization	221.58	214.86	206.61	197.56	180.35
Loss (Gain) From Sale of Assets	-	-	-	13.24	-
Asset Writedown & Restructuring Costs	82.2	869.46	1.12	15.97	105.55
Loss (Gain) From Sale of Investments	-3.08	2.71	-4.1	21.77	-29.01
Stock-Based Compensation	217.67	214.89	231.31	206.82	253.06
Other Operating Activities	59.2	-6.51	-74.33	-29.04	-127.67
Change in Accounts Receivable	-48.89	-46.26	-43.42	61.09	25.15
Change in Inventory	-3.77	-34.91	-7.69	-13.23	-9.22
Change in Accounts Payable	214.04	43.54	82.75	-52.18	169.8
Change in Other Net Operating Assets	-39.55	-18.38	-31.99	-22.05	-74.62
Operating Cash Flow	491.44	210.54	156.12	-223.56	-102.24
Operating Cash Flow Growth	133.42%	34.86%	-	-	-
Capital Expenditures	-134.66	-135.99	-124.19	-214.46	-135.77
Sale of Property, Plant & Equipment	-	-	-	25	-
Cash Acquisitions	-75	-45	-52.91	-14.69	-557.8
Investment in Securities	376.51	-260.94	226.53	278.76	-387.77
Other Investing Activities	28.27	-0.23	0.25	-0.55	-0.74
Investing Cash Flow	195.12	-442.16	49.68	74.07	-1,082
Long-Term Debt Issued	-	266.75	137.98	50	-
Long-Term Debt Repaid	-249.17	-50	-	-	-23.75
Net Debt Issued (Repaid)	-249.17	216.75	137.98	50	-23.75
Issuance of Common Stock	28.45	32.88	31.54	32.02	37.51
Other Financing Activities	-117.36	-17.75	-9.75	-5.53	-5.29
Financing Cash Flow	-338.09	231.87	159.77	76.49	8.47
Foreign Exchange Rate Adjustments	0.89	-3.29	1.32	0.03	0.02
Net Cash Flow	349.36	-3.04	366.89	-72.98	-1,176
Free Cash Flow	356.78	74.55	31.93	-438.02	-238
Free Cash Flow Growth	378.60%	133.48%	-	-	-
Free Cash Flow Margin	10.99%	2.70%	1.28%	-21.02%	-13.47%
Free Cash Flow Per Share	1.89	0.41	0.18	-2.48	-1.39
Cash Interest Paid	30.44	27.84	18.78	11.52	10.74
Levered Free Cash Flow	281.87	50.83	91.77	-283.12	79.2
Unlevered Free Cash Flow	306.47	74.12	103.92	-270.85	90.83
Change in Working Capital	121.83	-56.01	-0.34	-26.38	111.11

Source: S&P Global Market Intelligence. Standard template. Financial Sources.