Grendene S.A. (BVMF:GRND3)

Grendene Cash Flow Statement

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

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	579.42	644.81	735.24	557.67	568.03	601.01
Depreciation & Amortization	90.75	89.6	73.7	88.36	88.29	86.16
Other Amortization	7.73	10.67	10.67	7.4	5.44	4.86
Loss (Gain) From Sale of Assets	16.67	16.67	10.11	18.27	13.6	8.07
Asset Writedown & Restructuring Costs	1.21	-	-	0.04	0.02	-
Loss (Gain) From Sale of Investments	0.12	0.12	-8.66	18.12	-7.35	32.68
Loss (Gain) on Equity Investments	-78.21	-132.99	-46.46	62.97	27.79	0.09
Stock-Based Compensation	5.08	7.22	2.76	1.6	2.97	0.37
Provision & Write-off of Bad Debts	-7.71	16.34	-18.97	2.02	33.47	-28.39
Other Operating Activities	-194.18	-233.07	-103.84	-194.18	-271.22	-195.22
Change in Accounts Receivable	24.93	150.32	-59.73	-1.72	-134.85	160.4
Change in Inventory	-18.91	5.95	-142	55.87	84.56	-178.66
Change in Accounts Payable	0.01	-12.77	20.34	-30.88	14.17	-28.39
Change in Income Taxes	-0.02	-1.95	-6.01	7.28	8.01	-19.54
Change in Other Net Operating Assets	-60.46	-56.45	81.24	0.88	21.21	29.29
Operating Cash Flow	383.38	557.7	702.74	736.73	536.08	556.4
Operating Cash Flow Growth	-33.47%	-20.64%	-4.61%	37.43%	-3.65%	410.99%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-80.88	-106.95	-150.73	-106.05	-145.99	-91.41
Cash Acquisitions	-285.15	-266.97	-9.51	-88.68	-108.7	-265.32
Divestitures	30.39	31.18	37.06	37.13	10.33	-
Sale (Purchase) of Intangibles	-29.42	-29.42	-36.66	-16.83	-26.96	-14.32
Investment in Securities	1,020	119.68	-335.09	557.17	-85.92	427.85
Other Investing Activities	164.76	240.39	192.98	90.5	228.85	76.97
Investing Cash Flow	819.65	-12.08	-301.94	473.24	-128.39	133.77

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Long-Term Debt Issued	-	409.17	372.96	421.79	412.23	183.7
Long-Term Debt Repaid	-	-402.35	-400.32	-433.74	-434.1	-90.31
Net Debt Issued (Repaid)	15.61	6.82	-27.36	-11.96	-21.86	93.39
Issuance of Common Stock	5.75	3.68	1.98	2.03	1.06	3.4
Repurchase of Common Stock	-9.05	-4.84	-3.04	-	-3.43	-1.83
Common Dividends Paid	-990.3	-341.59	-219.42	-1,121	-113.63	-670.77
Other Financing Activities	-217.85	-215.65	-150.58	-132.31	-164.56	-111.37
Financing Cash Flow	-1,196	-551.57	-398.42	-1,264	-302.43	-687.19

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Cash Flow	7.2	-5.95	2.37	-53.67	105.26	2.98

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	302.51	450.75	552.01	630.68	390.09	464.99
Free Cash Flow Growth	-28.46%	-18.34%	-12.47%	61.68%	-16.11%	780.83%
Free Cash Flow Margin	11.85%	17.44%	21.00%	25.91%	15.53%	19.85%
Free Cash Flow Per Share	-	0.50	0.61	0.70	0.43	0.52
Levered Free Cash Flow	309.75	1,214	225.37	150.14	99.31	165.37
Unlevered Free Cash Flow	334.89	1,224	231.6	155.83	104.79	169.15

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	0.48	0.65	0.58	2.31	2.56	1.37
Cash Income Tax Paid	0.01	0.46	2.29	-0.16	1.91	2.57
Change in Working Capital	-37.5	138.33	48.21	174.45	75.05	46.77

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 10, 2026

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