AD 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	69.19	-31.58	57.92	35	160
Depreciation & Amortization	48.26	47.21	49.98	700	678
Stock-Based Compensation	1.82	2.73	1.15	24	27
Other Adjustments	50.39	129.52	19.29	182	148
Change in Receivables	-6.63	4.86	-1.53	-258	-143
Changes in Inventories	-	-	-	-88	-27
Changes in Accounts Payable	-9.34	-35.47	-17.96	12	-57
Changes in Income Taxes Payable	-15.95	-38.51	-8.24	121	-41
Changes in Unearned Revenue	-65.03	-0.35	-0.44	47	40
Changes in Other Operating Activities	-100.66	8.86	-1.28	57	17
Operating Cash Flow	200.84	882.47	866.86	832	802
Operating Cash Flow Growth	-77.24%	1.80%	4.19%	3.74%	-35.17%
Capital Expenditures	-27.2	-18.47	-40.64	-602	-724
Purchases of Intangible Assets	-4.18	-19.2	-128.6	-585	-1,322
Proceeds from Business Divestments	5.44	-	1	-	-
Other Investing Activities	1.3	-	15.31	8	10
Investing Cash Flow	2,438	-556.24	-720.95	-1,179	-2,036
Short-Term Debt Issued	-	-	-	110	-
Short-Term Debt Repaid	-	-	-60	-50	-
Net Short-Term Debt Issued (Repaid)	-	-	-60	60	-
Long-Term Debt Issued	325	40	315	800	1,342
Long-Term Debt Repaid	-875.25	-248	-452.5	-329	-1,118
Net Long-Term Debt Issued (Repaid)	-550.25	-208	-137.5	471	224
Issuance of Common Stock	-	-	-	-5	-16
Repurchase of Common Stock	-84.81	-65.34	-5.87	-43	-31
Net Common Stock Issued (Repurchased)	-84.81	-65.34	-5.87	-48	-47
Common Dividends Paid	-1,987	-	-	-	-
Other Financing Activities	-42.03	-7.03	-5.32	-27	-35
Financing Cash Flow	-2,684	-347	-274.29	456	142
Net Cash Flow	-45.74	-20.77	-128.38	109	-1,092
Free Cash Flow	173.64	864	826.22	230	78
Free Cash Flow Growth	-79.90%	4.57%	259.23%	194.87%	-68.55%
FCF Margin	106.55%	839.38%	822.36%	5.52%	1.89%
Free Cash Flow Per Share	-	10.05	9.50	2.67	0.90
Levered Free Cash Flow	-671.41	-284.14	-161.61	808	265
Unlevered Free Cash Flow	-242.03	-347.34	-220.22	351.46	74.89

Updated Feb 20, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.