QuidelOrtho 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 28, 2025	Dec '24 Dec 29, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 2, 2022
Net Income	-1,132	-2,052	-10.1	548.7	704.2
Depreciation & Amortization	442	450.7	456.6	282.7	51.7
Other Amortization	-	2.7	0.6	0.9	1
Asset Writedown & Restructuring Costs	-	1,900	4.5	2.8	-
Stock-Based Compensation	-	42.1	51.6	48.4	25.4
Other Operating Activities	795	-101.3	-28.1	55	26.4
Change in Accounts Receivable	-	5.4	160	150.2	118.9
Change in Inventory	-	-134.1	-211.6	-116.9	-85
Change in Accounts Payable	-	-23.4	3	23.5	10.4
Change in Income Taxes	-	-9.5	-59.6	-26.8	-66.7
Change in Other Net Operating Assets	-	2.9	-86.7	-83.2	19.6
Operating Cash Flow	105.2	83	280.2	885.3	805.9
Operating Cash Flow Growth	26.75%	-70.38%	-68.35%	9.85%	27.98%
Capital Expenditures	-	-195.1	-209.3	-140.9	-292.8
Sale of Property, Plant & Equipment	-	9.3	-	-	-
Cash Acquisitions	-	-	-	-1,511	-
Investment in Securities	-	55.9	18.2	-10.3	-63.6
Other Investing Activities	-192.7	-20	3.5	18.4	36.9
Investing Cash Flow	-192.7	-149.9	-187.6	-1,644	-319.5
Short-Term Debt Issued	-	198	1.6	-	-
Long-Term Debt Issued	-	-	-	2,735	-
Total Debt Issued	-	198	1.6	2,735	-
Short-Term Debt Repaid	-	-1.6	-	-	-
Long-Term Debt Repaid	-	-143	-228	-2,388	-0.3
Total Debt Repaid	-	-144.6	-228	-2,388	-0.3
Net Debt Issued (Repaid)	-	53.4	-226.4	346.2	-0.3
Issuance of Common Stock	-	5	11.6	26.4	7.6
Repurchase of Common Stock	-	-9.6	-20.7	-82.9	-140.6
Other Financing Activities	155.8	-	-30.3	-37.7	-39.8
Financing Cash Flow	155.8	48.8	-265.8	252	-173.1
Foreign Exchange Rate Adjustments	3	-2.9	-1.2	-2	-0.4
Net Cash Flow	71.3	-21	-174.4	-508.9	312.9
Free Cash Flow	105.2	-112.1	70.9	744.4	513.1
Free Cash Flow Growth	-	-	-90.48%	45.08%	-9.15%
Free Cash Flow Margin	3.85%	-4.03%	2.37%	22.79%	30.21%
Free Cash Flow Per Share	1.55	-1.67	1.06	12.97	11.96
Cash Interest Paid	-	177.5	150	95.1	-
Cash Income Tax Paid	-	41.6	86.6	264.8	235.6
Levered Free Cash Flow	368.95	211.81	338.79	641.68	381.81
Unlevered Free Cash Flow	479.95	331.5	452.66	689.55	382.25
Change in Working Capital	-	-158.7	-194.9	-53.2	-2.8

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