Alnylam Pharmaceuticals 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	2015 - 2019
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	2015 - 2019
Net Income	43.57	-278.16	-440.24	-1,131	-852.82	-858.28	Upgrade
Depreciation & Amortization	56.32	56.67	54.05	44.47	89.69	74.44	Upgrade
Loss (Gain) From Sale of Investments	2.47	3.02	16.94	33.31	-55.7	-54.04	Upgrade
Stock-Based Compensation	368.25	272.08	221.68	230.65	165.72	139.87	Upgrade
Other Operating Activities	275.18	152.15	194.46	273.84	174.24	95.76	Upgrade
Change in Accounts Receivable	-603.72	-86.55	-87.94	-45.6	-101.8	-56.24	Upgrade
Change in Inventory	23.18	13.59	18.37	-34.14	-26.42	-35.43	Upgrade
Change in Accounts Payable	187.81	91.09	80.84	191.77	88.24	143.73	Upgrade
Change in Unearned Revenue	-65.75	-235.45	55.02	-65.91	-50.4	-43.97	Upgrade
Change in Other Net Operating Assets	-21.45	3.23	-9.03	-38.51	-72.45	-20.81	Upgrade
Operating Cash Flow	265.86	-8.31	104.16	-541.27	-641.69	-614.96	Upgrade
Capital Expenditures	-44.5	-34.28	-62.21	-72.06	-76.37	-70.36	Upgrade
Investment in Securities	467.35	-63.25	-269.7	254.61	-192.56	-333.96	Upgrade
Other Investing Activities	-2.27	-19.32	-4.44	-13.19	-4.36	-31.2	Upgrade
Investing Cash Flow	420.59	-116.84	-336.35	169.35	-273.3	-435.52	Upgrade
Long-Term Debt Issued	-	-	-	1,016	500	200	Upgrade
Long-Term Debt Repaid	-	-	-	-880.72	-	-	Upgrade
Net Debt Issued (Repaid)	-494.01	-	-	135.39	500	200	Upgrade
Issuance of Common Stock	244.61	302.95	147.46	259.36	246.27	299.98	Upgrade
Other Financing Activities	-70.1	-8.79	24.67	31	500.85	495	Upgrade
Financing Cash Flow	-319.51	294.16	172.13	425.75	1,247	994.98	Upgrade
Foreign Exchange Rate Adjustments	23.37	-15.24	6.39	-7.43	-9.02	4.92	Upgrade
Net Cash Flow	390.3	153.77	-53.67	46.4	323.11	-50.58	Upgrade
Free Cash Flow	221.36	-42.59	41.95	-613.33	-718.07	-685.32	Upgrade
Free Cash Flow Margin	6.90%	-1.89%	2.29%	-59.12%	-85.05%	-139.05%	Upgrade
Free Cash Flow Per Share	1.67	-0.33	0.34	-5.04	-6.06	-5.96	Upgrade
Cash Interest Paid	117.72	67.58	32.12	45.24	24.66	-	Upgrade
Cash Income Tax Paid	8.57	14.36	6.02	2.65	-	-	Upgrade
Levered Free Cash Flow	98.12	197.88	103.55	-444.35	97.11	-777.14	Upgrade
Unlevered Free Cash Flow	199.54	286.54	179.32	-346.87	186.5	-724.33	Upgrade
Change in Working Capital	-479.92	-214.08	57.26	7.62	-162.82	-12.7	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.