Gafisa S.A. (BVMF:GFSA3)
Brazil · Delayed Price · Currency is BRL 0.3400
-0.0100 (-2.86%)
Jul 27, 2026, 5:07 PM GMT-3
Gafisa Cash Flow Statement
Financials in millions BRL. Fiscal year is January - December.
Millions BRL. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 | -611.32 | -544.54 | -40.58 | -195.31 | -83.17 | 81.26 |
Depreciation & Amortization | 15.61 | 15.5 | 13.98 | 21.61 | 34.7 | 20.89 |
Other Amortization | 23.23 | 18.03 | 25.39 | 4.01 | 0 | 1.63 |
Loss (Gain) From Sale of Assets | 0.01 | - | - | 29.23 | -29.21 | -41.56 |
Asset Writedown & Restructuring Costs | -92.15 | -92.15 | -85.07 | - | - | 150.35 |
Loss (Gain) on Equity Investments | 84.44 | 84.86 | 14.45 | -18.32 | 12.08 | -36.19 |
Stock-Based Compensation | - | - | 0.01 | 0.32 | 1.47 | 2.01 |
Provision & Write-off of Bad Debts | -3.96 | - | - | -24.18 | -16.08 | -20 |
Other Operating Activities | 279 | 201.3 | -3.35 | 227.62 | 300.23 | 242.16 |
Change in Accounts Receivable | -72.63 | -63.01 | -139.78 | -26.54 | -190.07 | 172.46 |
Change in Inventory | 321.39 | 402.73 | 475.6 | 509.99 | -617.48 | -620.02 |
Change in Accounts Payable | 24.14 | 32.8 | 46.93 | 35.42 | -41.64 | -66.19 |
Change in Income Taxes | 101.52 | 99.34 | 29.75 | -22.31 | -21.28 | -77.41 |
Change in Other Net Operating Assets | -390.42 | -343.59 | -182.89 | -500.9 | 559.83 | 76.31 |
Operating Cash Flow | -317.74 | -185.33 | 160.71 | 132.6 | -90.61 | -114.31 |
Operating Cash Flow Growth | - | - | 21.20% | - | - | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 |
Capital Expenditures | -12.76 | -13.45 | -12.03 | -14.92 | -129.33 | -203.02 |
Cash Acquisitions | - | - | - | - | - | -258.06 |
Investment in Securities | -25.4 | 47.39 | -127.15 | 239.96 | 139.89 | 15.72 |
Other Investing Activities | - | - | 30.75 | -151.29 | - | - |
Investing Cash Flow | -38.16 | 33.95 | -108.44 | 73.75 | 10.56 | -445.36 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 |
Long-Term Debt Issued | - | 759.65 | 475.29 | 299.09 | 77.5 | 764.04 |
Long-Term Debt Repaid | - | -706.14 | -715.91 | -704.24 | -9.87 | -198.71 |
Total Debt Repaid | -582.29 | -706.14 | -715.91 | -704.24 | -9.87 | -198.71 |
Net Debt Issued (Repaid) | 200.93 | 53.5 | -240.62 | -405.14 | 67.63 | 565.33 |
Issuance of Common Stock | 185.65 | 115.81 | 184.98 | 129.21 | - | 0.72 |
Other Financing Activities | -9.23 | -9.23 | - | 58.47 | - | - |
Financing Cash Flow | 377.35 | 160.08 | -55.64 | -217.46 | 67.63 | 566.05 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 |
Foreign Exchange Rate Adjustments | - | - | - | 0.43 | - | - |
Net Cash Flow | 21.46 | 8.7 | -3.37 | -10.68 | -12.42 | 6.39 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 |
Free Cash Flow | -330.5 | -198.78 | 148.68 | 117.68 | -219.94 | -317.34 |
Free Cash Flow Growth | - | - | 26.34% | - | - | - |
Free Cash Flow Margin | -67.07% | -32.08% | 14.69% | 10.66% | -19.36% | -38.78% |
Free Cash Flow Per Share | -26.59 | -24.78 | 31.99 | 39.62 | -117.52 | -191.00 |
Levered Free Cash Flow | 42.98 | 238.32 | -56.73 | 50.38 | -996.86 | -767.02 |
Unlevered Free Cash Flow | 128.25 | 329.53 | -6.85 | 132.38 | -909 | -743.09 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 |
Cash Income Tax Paid | 10.62 | 9.72 | 18.76 | 21.94 | 7.51 | 77.6 |
Change in Working Capital | -16 | 128.26 | 229.61 | -4.33 | -310.63 | -514.85 |