Volkswagen AG (VLKAF)
OTCMKTS · Delayed Price · Currency is USD
87.99
+0.99 (1.13%)
Jul 30, 2026, 11:03 AM EST
Volkswagen AG Cash Flow Statement
Financials in millions EUR. Fiscal year is January - December.
Millions EUR. 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 | 7,657 | 9,307 | 16,806 | 23,099 | 22,070 | 20,126 |
Depreciation & Amortization | - | 37,434 | 31,346 | 27,566 | 28,485 | 27,336 |
Other Adjustments | -3,399 | -5,187 | -2,101 | -2,569 | -2,171 | -4,765 |
Change in Receivables | -206 | -211 | -2,083 | -4,361 | -3,065 | 1,888 |
Changes in Inventories | -512 | -896 | -2,695 | -2,071 | -8,385 | 2,110 |
Changes in Accounts Payable | 3,808 | 3,165 | 52 | 5,272 | 8,713 | 1,856 |
Changes in Accrued Expenses | 1,675 | 1,760 | 4,247 | 715 | -2,144 | 1,943 |
Changes in Other Operating Activities | -3,591 | - | - | - | - | - |
Operating Cash Flow | 17,562 | 15,009 | 17,151 | 19,356 | 28,496 | 38,633 |
Operating Cash Flow Growth | 9.91% | -12.49% | -11.39% | -32.07% | -26.24% | 55.15% |
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 | -14,434 | -15,299 | -17,202 | -14,653 | -12,948 | -10,655 |
Sale of Property, Plant & Equipment | - | 733 | 947 | 501 | 437 | 469 |
Purchases of Intangible Assets | -8,924 | -9,047 | -10,244 | -11,142 | -9,723 | -7,843 |
Purchases of Investments | - | -2,106 | -2,152 | -2,041 | -2,504 | -2,741 |
Proceeds from Sale of Investments | - | 951 | 231 | 41 | 35 | 52 |
Cash Acquisitions | - | -359 | -284 | -675 | -1,122 | -3,158 |
Proceeds from Business Divestments | - | 67 | -148 | -63 | 372 | -304 |
Other Investing Activities | -18,148 | -32,785 | -31,139 | -20,077 | -31,373 | -13,808 |
Investing Cash Flow | -41,506 | -27,484 | -31,573 | -19,812 | -41,822 | -26,128 |
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 | - | 16,624 | 12,179 | 15,967 | -4,366 | -3,928 |
Net Short-Term Debt Issued (Repaid) | - | 16,624 | 12,179 | 15,967 | -4,366 | -3,928 |
Long-Term Debt Issued | - | 63,542 | 52,248 | 53,530 | 23,876 | 32,659 |
Long-Term Debt Repaid | - | -63,086 | -45,031 | -41,563 | -25,638 | -30,557 |
Net Long-Term Debt Issued (Repaid) | - | 456 | 7,217 | 11,967 | -1,762 | 2,102 |
Common Dividends Paid | - | -4,460 | -5,779 | -11,732 | -4,362 | -3,022 |
Other Financing Activities | -1,690 | -704 | -2,478 | -195 | 14,715 | -2,907 |
Financing Cash Flow | 15,088 | 11,918 | 11,140 | 16,008 | 4,225 | -7,754 |
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 | 856 | -938 | 55 | -1,764 | -285 | 942 |
Net Cash Flow | 6,508 | -1,495 | -3,226 | 13,785 | -9,385 | 5,691 |
Free 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 |
Free Cash Flow | 3,128 | -290 | -51 | 4,703 | 15,548 | 27,978 |
Free Cash Flow Growth | - | - | - | -69.75% | -44.43% | 105.30% |
FCF Margin | 0.97% | -0.09% | -0.02% | 1.46% | 5.57% | 11.18% |
Free Cash Flow Per Share | 6.24 | -0.58 | -0.10 | 9.38 | 31.02 | 55.81 |
Levered Free Cash Flow | -7,812 | 49,917 | 45,865 | 60,710 | 22,474 | 35,607 |
Unlevered Free Cash Flow | -7,209 | 32,742 | 29,805 | 34,249 | 29,602 | 37,366 |