Masimo Cash Flow Statement

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

Millions USD. Fiscal year is Feb - Jan.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan '26 Jan 3, 2026	Dec '24 Dec 28, 2024	Dec '23 Dec 30, 2023	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Net Income	-151.5	-304.9	81.5	143.5	229.6
Depreciation & Amortization	38.8	103	98.3	136.1	35.6
Other Amortization	3	1.9	1.9	1.4	-
Loss (Gain) From Sale of Assets	-	-	-	-	0.5
Asset Writedown & Restructuring Costs	-	304	10	-	-
Stock-Based Compensation	35.8	41.5	7	47.7	44.7
Provision & Write-off of Bad Debts	3	1.1	1.1	1.3	0.8
Other Operating Activities	378	60.5	-34.8	-38.8	-15.1
Change in Accounts Receivable	2.2	-65	88.2	-144.1	-60.8
Change in Inventory	-112.1	-7.5	-69.2	-155.9	13.5
Change in Accounts Payable	-27.1	14.8	-19.6	60.5	11
Change in Unearned Revenue	3.7	10.3	7.1	28.1	7.1
Change in Income Taxes	3.9	2.2	-15.1	3.8	6.4
Change in Other Net Operating Assets	39.5	34.5	-62.3	-54.2	-8.7
Operating Cash Flow	217.8	196.4	94.1	29.4	264.6
Operating Cash Flow Growth	10.90%	108.71%	220.07%	-88.89%	25.34%
Capital Expenditures	-19.4	-20	-44	-52.8	-25.5
Sale of Property, Plant & Equipment	19.6	-	-	-	-
Cash Acquisitions	-	-	7.5	-999.7	-
Sale (Purchase) of Intangibles	-5.3	-31.1	-43.7	-3.5	-9.4
Other Investing Activities	280.2	-0.1	-1	-1.7	-2.6
Investing Cash Flow	275.1	-51.2	-81.2	-1,058	-37.5
Long-Term Debt Issued	1,077	98.8	189	1,084	-
Long-Term Debt Repaid	-1,282	-237.8	-240.2	-135.4	-
Net Debt Issued (Repaid)	-204.1	-139	-51.2	948.5	-
Issuance of Common Stock	71.4	25.2	7	8.1	23.2
Repurchase of Common Stock	-381.7	-11.8	-12.9	-426.9	-145.6
Other Financing Activities	-6.3	-	-	-9.3	-
Financing Cash Flow	-520.7	-125.6	-57.1	520.4	-122.4
Foreign Exchange Rate Adjustments	-0.3	-6.4	2.8	-30.9	-1.3
Net Cash Flow	-28.1	13.2	-41.4	-538.8	103.4
Free Cash Flow	198.4	176.4	50.1	-23.4	239.1
Free Cash Flow Growth	12.47%	252.10%	-	-	72.51%
Free Cash Flow Margin	12.99%	8.42%	2.45%	-1.15%	19.30%
Free Cash Flow Per Share	3.66	3.31	0.93	-0.42	4.14
Cash Interest Paid	-	39.1	51	23	0.3
Cash Income Tax Paid	-	41.9	54.4	87.3	43.9
Levered Free Cash Flow	299.7	153.83	42.65	-23.14	217.54
Unlevered Free Cash Flow	296.7	179.18	72.19	-8.48	217.73
Change in Working Capital	-89.9	-10.7	-70.9	-261.8	-31.5

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