Hexagon AB Cash Flow Statement

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

Millions EUR. 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	924.4	1,432	1,216	1,287	1,010
Depreciation & Amortization	791.2	577.5	563	467	578.9
Stock-Based Compensation	35.5	46.9	56.3	40.5	25.1
Other Adjustments	27.8	-319.2	-110.5	-53.7	-79.4
Change in Receivables	3.6	15.7	-57.5	-196.2	-142.2
Changes in Inventories	-43.8	2.7	-23.2	-131.5	-48.8
Changes in Accounts Payable	126.4	75.6	2.5	153.9	169.6
Changes in Income Taxes Payable	-244.9	-243.2	-276.2	-235.9	-189.4
Changes in Other Operating Activities	-	94	-78.2	-173.8	-21.4
Operating Cash Flow	1,620	1,588	1,370	1,331	1,324
Operating Cash Flow Growth	2.02%	15.89%	2.98%	0.54%	1.50%
Capital Expenditures	-87.6	-115.5	-136.7	-153.6	-112.7
Sale of Property, Plant & Equipment	-	9.9	28.3	14.8	5.5
Purchases of Intangible Assets	-510.4	-516.8	-489.9	-413.9	-312.2
Other Investing Activities	-505.2	-87.7	-432.2	-1,245	-746.7
Investing Cash Flow	-1,103	-710.1	-1,031	-1,798	-1,166
Long-Term Debt Issued	-	1,163	839.6	1,586	714.7
Long-Term Debt Repaid	-	-1,480	-706	-717.5	-494.8
Net Long-Term Debt Issued (Repaid)	-	-317.5	133.6	868.7	219.9
Repurchase of Common Stock	-28.6	-88.8	-47.1	-71	-62.2
Net Common Stock Issued (Repurchased)	-28.6	-88.8	-47.1	-71	-62.2
Common Dividends Paid	-383.7	-349	-322.8	-295.8	-238.4
Other Financing Activities	234.9	-8.8	-13	-8.6	-5.8
Financing Cash Flow	-177.4	-764.1	-249.3	493.3	-86.5
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-63.2	2.7	-29.8	-12.3	3.7
Net Cash Flow	187.4	114	90.6	26.5	71
Free Cash Flow	1,533	1,473	1,234	1,177	1,211
Free Cash Flow Growth	4.07%	19.37%	4.80%	-2.78%	1.20%
FCF Margin	28.25%	27.27%	22.70%	22.81%	27.89%
Free Cash Flow Per Share	0.57	0.54	0.46	0.43	0.46
Levered Free Cash Flow	1,159	1,097	1,044	1,802	1,398
Unlevered Free Cash Flow	1,272	1,566	1,051	976.8	1,208

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.