The Swatch Group AG (SWGAY)

OTCMKTS · Delayed Price · Currency is USD

11.86

-0.08 (-0.67%)

At close: Aug 11, 2026

The Swatch Group AG Cash Flow Statement

Financials in millions CHF. Fiscal year is January - December.

Millions CHF. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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	24	25	219	890	823	774
Depreciation & Amortization	419	423	414	390	406	437
Stock-Based Compensation	6	5	7	8	9	9
Other Adjustments	19	46	-100	119	54	38
Change in Receivables	-24	-25	71	-72	33	-19
Changes in Inventories	135	63	-220	-698	-548	-19
Changes in Accounts Payable	18	-12	-30	25	-3	27
Changes in Accrued Expenses	24	12	-60	26	-88	51
Changes in Other Operating Activities	10	-30	32	-73	38	0
Operating Cash Flow	631	507	333	615	724	1,298
Operating Cash Flow Growth	24.46%	52.25%	-45.85%	-15.05%	-44.22%	58.49%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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	-361	-409	-503	-730	-339	-251
Sale of Property, Plant & Equipment	2	15	3	20	5	10
Purchases of Intangible Assets	-32	-42	-46	-55	-48	-44
Proceeds from Sale of Intangible Assets	10	2	2	1	2	1
Purchases of Investments	-133	-161	-241	-439	-1,655	-527
Proceeds from Sale of Investments	157	250	330	443	1,923	65
Cash Acquisitions	-	-	-	-2	0	-
Other Investing Activities	-	-1	-15	-6	-2	19
Investing Cash Flow	-355	-346	-470	-768	-114	-727

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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
Short-Term Debt Issued	51	21	-3	0	1	-37
Net Short-Term Debt Issued (Repaid)	51	21	-3	0	1	-37
Long-Term Debt Issued	-	0	0	0	0	-1
Net Long-Term Debt Issued (Repaid)	-	0	0	0	0	-1
Issuance of Common Stock	1	30	1	1	1	12
Repurchase of Common Stock	-	0	-50	0	-2	-12
Net Common Stock Issued (Repurchased)	1	30	-49	1	-1	0
Common Dividends Paid	-234	-234	-335	-311	-285	-181
Other Financing Activities	-2	-22	-23	-17	-15	-15
Financing Cash Flow	-184	-205	-410	-327	-300	-234

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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	13	-53	28	-80	-21	10
Net Cash Flow	105	-97	-519	-560	289	347