Trimble 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	Jan '25 Jan 3, 2025	Dec '23 Dec 29, 2023	Dec '22 Dec 30, 2022	Dec '21 Dec 31, 2021
Net Income	424	1,504	311.3	449.7	492.7
Depreciation & Amortization	199.9	232	250.6	171.8	179.9
Loss (Gain) From Sale of Assets	-	-1,688	-9.2	-99	-43.9
Stock-Based Compensation	146.5	158.6	145.4	120.4	122.6
Other Operating Activities	87.8	120.9	-93	1.7	-7.6
Change in Accounts Receivable	-119.9	-135.1	-36.4	-55.4	-9
Change in Inventory	4.9	11	67.6	-113.5	-72.9
Change in Accounts Payable	-5.4	5.7	-12.4	-24.8	60.3
Change in Unearned Revenue	85.7	168.5	26	108.6	27.4
Change in Income Taxes	-311.2	265.6	-4	-38.3	-2.9
Change in Other Net Operating Assets	-126.1	-112.3	-48.8	-130	3.9
Operating Cash Flow	386.2	531.4	597.1	391.2	750.5
Operating Cash Flow Growth	-27.32%	-11.00%	52.63%	-47.88%	11.68%
Capital Expenditures	-25.3	-33.6	-42	-43.2	-46.1
Cash Acquisitions	-4.4	-22	-2,089	-373.5	-236.1
Divestitures	-4.4	1,923	17	215.4	67.3
Other Investing Activities	-2.9	-6.7	45.8	-25	11.4
Investing Cash Flow	-37	1,861	-2,068	-226.3	-203.5
Long-Term Debt Issued	577.2	521.2	3,847	814.8	198.9
Long-Term Debt Repaid	-577.2	-2,199	-2,293	-590.2	-449.9
Net Debt Issued (Repaid)	-	-1,678	1,554	224.6	-251
Issuance of Common Stock	0.6	-	6.7	-	-
Repurchase of Common Stock	-863.4	-181.5	-100	-408.3	-195.1
Other Financing Activities	-5.6	-4.5	-29.4	-15.3	-1.6
Financing Cash Flow	-868.4	-1,864	1,432	-199	-447.7
Foreign Exchange Rate Adjustments	24.8	-19.4	7.4	-20.6	-11.3
Net Cash Flow	-494.4	508.9	-32.1	-54.7	88
Free Cash Flow	360.9	497.8	555.1	348	704.4
Free Cash Flow Growth	-27.50%	-10.32%	59.51%	-50.60%	14.50%
Free Cash Flow Margin	10.06%	13.51%	14.61%	9.47%	19.25%
Free Cash Flow Per Share	1.49	2.01	2.23	1.39	2.77
Cash Interest Paid	-	140.4	133.7	73.1	61.8
Cash Income Tax Paid	427.5	228.1	168	197.3	98.3
Levered Free Cash Flow	550.61	1,167	351.43	393.95	623.29
Unlevered Free Cash Flow	597.11	1,224	452.05	438.39	664.16
Change in Working Capital	-472	203.4	-8	-253.4	6.8

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