Spirit Aviation Holdings 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	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-2,760	-1,229	-447.46	-554.15	-472.57
Depreciation & Amortization	132.62	177.87	218.11	199.12	193.08
Other Amortization	142.46	170.66	126.37	141.4	117.04
Loss (Gain) From Sale of Assets	-97.44	273.87	33.97	46.62	3.32
Asset Writedown & Restructuring Costs	1,851	85.55	-	333.69	-
Stock-Based Compensation	7.84	7.21	11.96	11.48	12.54
Provision & Write-off of Bad Debts	-0.83	0.82	0.16	-0.11	-0.09
Other Operating Activities	5.88	-57.37	-115.48	-146.92	284.36
Change in Accounts Receivable	53.37	26.8	-8.35	-68.34	-85.8
Change in Accounts Payable	119.77	-40.12	-34.05	9.03	13.06
Change in Unearned Revenue	-98.62	53.06	-45.87	47.3	-19.65
Change in Income Taxes	-	-0.1	36.26	1.63	109.73
Change in Other Net Operating Assets	-285.67	-226.84	-22.27	-109.78	53.88
Operating Cash Flow	-930.29	-758.09	-246.66	-89.02	208.89
Capital Expenditures	-50.86	-131.9	-374.64	-444.66	-351.58
Sale of Property, Plant & Equipment	271.26	232.56	230.79	-	-
Investment in Securities	119.87	-1.4	-2.06	-1.19	-0.86
Other Investing Activities	63.47	364.33	109.4	180.41	-
Investing Cash Flow	403.74	463.6	-36.51	-265.44	-352.45
Long-Term Debt Issued	829.5	723.5	457.95	591	614.5
Long-Term Debt Repaid	-831.75	-326.44	-661.22	-193.88	-1,276
Net Debt Issued (Repaid)	-2.25	397.06	-203.27	397.13	-661.03
Issuance of Common Stock	350	-	-	-	375.66
Repurchase of Common Stock	-	-0.65	-2.64	-2.36	-1.52
Other Financing Activities	-27.34	-16.09	7.95	-3.47	-1.78
Financing Cash Flow	320.41	380.32	-197.96	391.3	-288.66
Net Cash Flow	-206.14	85.84	-481.13	36.84	-432.22
Free Cash Flow	-981.15	-889.99	-621.3	-533.68	-142.7
Free Cash Flow Margin	-25.84%	-18.11%	-11.59%	-10.53%	-4.42%
Free Cash Flow Per Share	-19.19	-8.13	-5.69	-4.91	-1.36
Cash Interest Paid	155.43	176.19	138.38	107.44	135.5
Cash Income Tax Paid	1.98	3.55	-32.85	-0.08	-112.46
Levered Free Cash Flow	-607.25	-1,009	-272.41	-232.89	-242.62
Unlevered Free Cash Flow	-508.27	-907.02	-211.11	-187.14	-170.14
Change in Working Capital	-211.14	-187.21	-74.28	-120.16	71.21

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