Icelandair Group hf. (ICE:ICEAIR)
Iceland · Delayed Price · Currency is ISK 0.6620
+0.0020 (0.30%)
Oct 28, 2026, 2:45 PM GMT
Icelandair Group Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 | -16.85 | -9.33 | -20.56 | 10.73 | -8.46 | -104.3 |
Depreciation & Amortization | 176.78 | 173.81 | 154.07 | 135.48 | 118.88 | 113.14 |
Other Amortization | 60.01 | 60.79 | 54.7 | 27.56 | 19.21 | 15.95 |
Loss (Gain) From Sale of Assets | -21.61 | -10.11 | -1.3 | -2.08 | -6.03 | -17.33 |
Loss (Gain) on Equity Investments | -2.64 | -3.61 | -0.67 | 0.93 | -1.85 | 3.85 |
Other Operating Activities | 7.99 | -15.06 | 4.08 | -10.45 | 12.56 | -43.93 |
Change in Accounts Receivable | -60.57 | 3.01 | -42.98 | 12.33 | -37.97 | -21.9 |
Change in Inventory | -3.34 | -0.53 | 2.49 | -0.13 | 3.02 | -1.29 |
Change in Accounts Payable | 60.59 | 66.45 | 37.52 | 26.45 | 47.06 | 29.13 |
Change in Unearned Revenue | 26.9 | 39.58 | 33.82 | 14.32 | 44.2 | 77.3 |
Operating Cash Flow | 227.26 | 305.01 | 221.16 | 215.12 | 190.62 | 50.61 |
Operating Cash Flow Growth | -26.31% | 37.92% | 2.81% | 12.85% | 276.63% | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 | -102.72 | -102.8 | -110.46 | -133.85 | -311.56 | -170.1 |
Sale of Property, Plant & Equipment | 32.47 | 15.67 | 4.56 | 0.97 | 112.22 | 197.04 |
Divestitures | - | - | - | 4.18 | - | 6.42 |
Sale (Purchase) of Intangibles | -2.37 | -2.73 | -1.59 | -0.63 | -0.42 | -0.29 |
Investment in Securities | 87.49 | -64.11 | -33.34 | -25.77 | 15.32 | -19.09 |
Other Investing Activities | -26.28 | -23.83 | -23.96 | -28.6 | 5.4 | -9.34 |
Investing Cash Flow | -11.41 | -177.8 | -164.8 | -183.7 | -179.04 | 4.63 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 | - | 19.44 | - | 63.46 | 42 | 3.23 |
Total Debt Issued | 19.44 | 19.44 | - | 63.46 | 42 | 3.23 |
Long-Term Debt Repaid | - | -126.04 | -105.39 | -120.08 | -85.32 | -50.62 |
Lease Payments | -82.61 | -72.35 | -60.41 | -49.79 | -37.52 | -30.26 |
Total Debt Repaid | -132.28 | -126.04 | -105.39 | -120.08 | -85.32 | -50.62 |
Net Debt Issued (Repaid) | -112.84 | -106.6 | -105.39 | -56.62 | -43.32 | -47.39 |
Issuance of Common Stock | 0.9 | 0.9 | - | - | 52.39 | 80.21 |
Financing Cash Flow | -111.94 | -105.7 | -105.39 | -56.62 | 9.07 | 32.81 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 | 30.26 | 23.72 | -0.25 | 0.46 | -1.16 | -0.95 |
Net Cash Flow | 134.18 | 45.23 | -49.28 | -24.74 | 19.49 | 87.11 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 | 124.54 | 202.21 | 110.7 | 81.27 | -120.94 | -119.49 |
Free Cash Flow Growth | -44.70% | 82.66% | 36.21% | - | - | - |
Free Cash Flow Margin | 6.62% | 11.68% | 7.05% | 5.34% | -9.58% | -20.72% |
Free Cash Flow Per Share | 0.00 | 0.01 | 0.00 | 0.00 | -0.00 | -0.00 |
Levered Free Cash Flow | 138.86 | 176.91 | 110.78 | 49.9 | -130.99 | -66.64 |
Unlevered Free Cash Flow | 172.91 | 207.16 | 136.44 | 75.34 | -114.05 | -53.65 |
Free Cash Flow After Leases | 41.93 | 129.86 | 50.29 | 31.48 | -158.46 | -149.74 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 Interest Paid | 43.49 | 41.73 | 38.49 | 39.81 | 24.84 | 18.21 |
Change in Working Capital | 23.58 | 108.51 | 30.84 | 52.97 | 56.32 | 83.24 |