Black Rock Coffee Bar 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	-16.54	-7.19	-8.7
Depreciation & Amortization	12.2	10.36	8.52
Stock-Based Compensation	2.08	-	-
Other Adjustments	17.41	10	8.38
Change in Receivables	0.22	-3.53	0.29
Changes in Inventories	-0.84	-0.6	0.33
Changes in Accounts Payable	3.53	0.03	-1.76
Changes in Accrued Expenses	-0.44	2.57	1.54
Changes in Other Operating Activities	-15.43	1.65	-3.44
Operating Cash Flow	2.19	13.31	5.17
Operating Cash Flow Growth	-83.55%	157.50%	-
Capital Expenditures	-34.89	-22.18	-16.16
Purchases of Intangible Assets	-0.43	-0.75	-0.25
Other Investing Activities	-	-	0.96
Investing Cash Flow	-35.32	-22.92	-15.45
Long-Term Debt Issued	74.65	12.5	-
Long-Term Debt Repaid	-143.99	-0.89	-0.8
Net Long-Term Debt Issued (Repaid)	-69.34	11.61	-0.8
Issuance of Common Stock	376.94	10	30.9
Repurchase of Common Stock	-246.24	-14.57	-
Net Common Stock Issued (Repurchased)	130.7	-4.57	30.9
Common Dividends Paid	-0.6	-0.62	-8.09
Other Financing Activities	-9.46	-3.77	-0.45
Financing Cash Flow	51.31	2.64	21.56
Net Cash Flow	18.18	-6.97	11.28
Free Cash Flow	-32.7	-8.87	-10.99
FCF Margin	-16.32%	-5.51%	-8.25%
Free Cash Flow Per Share	-1.92	-0.57	-
Levered Free Cash Flow	-105.27	-3.76	-20.58
Unlevered Free Cash Flow	-34.94	-1.89	-8.83

SEC Filings: 10-K · 10-Q