CyberArk Software Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-226.92	-93.46	-66.5	-130.37	-83.95	-5.76
Depreciation & Amortization	125.11	39.94	14.61	14.07	12.76	15.48
Other Amortization	4.31	4.7	5.57	5.12	19.26	17.18
Asset Writedown & Restructuring Costs	-	-	2.07	-	-	-
Loss (Gain) From Sale of Investments	-3.51	-3.54	-4.57	3.89	7.53	3.07
Stock-Based Compensation	214.35	168.77	140.1	120.82	95.44	71.85
Other Operating Activities	66.1	66.29	-7.88	-15.63	-11.97	-1.99
Change in Accounts Receivable	-59.02	-93.3	-65.66	-7.61	-20.08	-17.32
Change in Accounts Payable	14.26	11	-2.67	4.05	1.5	0.56
Change in Unearned Revenue	107.85	150.78	72.19	91.17	74.77	45.4
Change in Other Net Operating Assets	-23.85	-19.29	-31.06	-35.81	-20.51	-21.7
Operating Cash Flow	218.67	231.89	56.2	49.71	74.74	106.77
Operating Cash Flow Growth	2.16%	312.58%	13.07%	-33.49%	-30.00%	-24.66%
Capital Expenditures	-14.6	-11.06	-4.95	-12.52	-8.93	-7.17
Cash Acquisitions	-1,149	-984.67	-	-41.29	-	-68.6
Investment in Securities	-1,170	649.47	-80.88	-14.59	-219.27	-336.61
Investing Cash Flow	-2,339	-346.26	-85.83	-68.39	-228.19	-412.39
Long-Term Debt Repaid	-	-0.54	-	-	-	-
Net Debt Issued (Repaid)	1,218	-0.54	-	-	-	-
Issuance of Common Stock	33.67	28.18	38.08	17.11	11.74	13.25
Repurchase of Common Stock	-0.03	-	-	-0.18	-0.79	-
Other Financing Activities	151.17	261.17	-	-4.7	-	-
Financing Cash Flow	1,403	288.81	38.08	12.23	10.95	13.25
Foreign Exchange Rate Adjustments	2.32	-3.9	0.14	-3.05	-0.69	-
Net Cash Flow	-714.91	170.53	8.6	-9.51	-143.19	-292.37
Free Cash Flow	204.07	220.83	51.26	37.19	65.81	99.6
Free Cash Flow Growth	-1.06%	330.83%	37.82%	-43.49%	-33.92%	-26.05%
Free Cash Flow Margin	15.66%	22.07%	6.82%	6.29%	13.09%	21.45%
Free Cash Flow Per Share	4.12	5.00	1.23	0.92	1.66	2.58
Cash Income Tax Paid	14.84	14.84	11.44	9.3	8.4	11.42
Levered Free Cash Flow	619.94	265.35	106.67	134.22	124.49	118.34
Unlevered Free Cash Flow	619.33	264.35	105.54	133.11	117.82	111.9
Change in Working Capital	39.23	49.18	-27.19	51.81	35.67	6.94

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