Bitgo Holdings 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 2020
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '20 Dec 31, 2020
Net Income	-14.78	156.55	-2.12	4,605	-2,132
Depreciation & Amortization	4.03	3.22	1.14	3.02	1.42
Loss (Gain) From Sale of Assets	-	-0.01	0.02	-	-
Asset Writedown & Restructuring Costs	-	36.5	-	-	-
Stock-Based Compensation	3.39	2.68	0.87	1.14	0.95
Provision & Write-off of Bad Debts	1.86	3.66	1.67	0.68	-
Other Operating Activities	-10.49	-277.44	-46.5	-4,685	2,105
Change in Accounts Receivable	-0.47	-13.76	-5.5	8.78	-3.59
Change in Accounts Payable	5.15	-2.42	2.42	-3.86	2.99
Change in Unearned Revenue	0.01	1.44	-2.14	2.06	1.16
Change in Other Net Operating Assets	56.68	84.32	-0.98	58.68	7.24
Operating Cash Flow	29.97	10.68	-51.11	-25.08	-16.34
Operating Cash Flow Growth	180.55%	-	-	-	-
Capital Expenditures	-12.47	-2.08	-0.3	-0.99	-0.14
Sale of Property, Plant & Equipment	-	0	0.11	-	-
Cash Acquisitions	-	4.91	-	-	-
Sale (Purchase) of Intangibles	-	-	-0.7	-	-
Other Investing Activities	-12.69	-20.59	-10	-	0.52
Investing Cash Flow	-114.33	-58.92	-34.84	230.41	-22.32
Short-Term Debt Issued	158.67	30	-	-	-
Long-Term Debt Issued	-	-	-	50	-
Total Debt Issued	158.67	30	-	50	-
Short-Term Debt Repaid	-69.82	-	-	-200	-
Total Debt Repaid	-69.82	-	-	-200	-
Net Debt Issued (Repaid)	88.85	30	-	-150	-
Issuance of Common Stock	1.55	0.28	0.29	0.58	0.69
Repurchase of Common Stock	-	-	-	-	-0
Other Financing Activities	3,326	72.71	-	-	-
Financing Cash Flow	3,417	89.47	50.2	-149.42	24.38
Net Cash Flow	3,332	41.24	-35.76	55.91	-14.28
Free Cash Flow	17.5	8.6	-51.41	-26.08	-16.48
Free Cash Flow Growth	103.44%	-	-	-	-
Free Cash Flow Margin	0.11%	0.28%	-5.55%	-1.04%	-44.80%
Free Cash Flow Per Share	0.45	0.17	-1.36	-0.66	-0.55
Cash Interest Paid	4.85	1.64	1.36	3.59	-
Cash Income Tax Paid	14.34	2.45	0.24	2.01	-
Levered Free Cash Flow	-287.1	-179.71	-	-	-
Unlevered Free Cash Flow	-280.32	-178.69	-	-	-
Change in Working Capital	45.97	85.52	-6.2	65.66	7.81

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q