Bitgo Holdings, Inc. (BTGO)

Bitgo Holdings Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Net Income	-14.78	156.55	-2.12	4,605
Depreciation & Amortization	4.03	3.22	1.14	3.02
Stock-Based Compensation	3.39	2.68	0.87	1.14
Other Adjustments	-8.63	-237.29	-44.81	-4,700
Changes in Restricted Cash and Segregated Assets	-	-	-	-23.37
Change in Receivables	-0.47	-13.76	-5.5	8.78
Changes in Accounts Payable	5.15	-2.42	2.42	-3.86
Changes in Unearned Revenue	0.01	1.44	-2.14	2.06
Changes in Other Operating Activities	41.28	100.26	-0.98	82.05
Operating Cash Flow	29.97	10.68	-51.11	-25.08
Operating Cash Flow Growth	180.55%	-	-	-
Capital Expenditures	-12.47	-2.08	-0.3	-0.99
Sale of Property, Plant & Equipment	-	0	0.11	-
Purchases of Intangible Assets	-12.69	-20.59	-35	-
Proceeds from Sale of Intangible Assets	-	-	25	-
Payments for Business Acquisitions	-	4.91	-0.7	-
Other Investing Activities	-89.17	-41.16	-23.95	231.4
Investing Cash Flow	-114.33	-58.92	-34.84	230.41
Long-Term Debt Issued	158.67	30	-	-150
Long-Term Debt Repaid	-69.82	-	-	-
Net Long-Term Debt Issued (Repaid)	88.85	30	-	-150
Issuance of Common Stock	1.55	0.28	0.29	0.58
Net Common Stock Issued (Repurchased)	1.55	0.28	0.29	0.58
Issuance of Preferred Stock	-	1.49	49.91	-
Repurchase of Preferred Stock	-	-15	-	-
Net Preferred Stock Issued (Repurchased)	-	-13.51	49.91	-
Other Financing Activities	3,326	72.71	-	-
Financing Cash Flow	3,417	89.47	50.2	-149.42
Net Cash Flow	3,332	41.24	-35.76	55.91
Free Cash Flow	17.5	8.6	-51.41	-26.08
Free Cash Flow Growth	103.44%	-	-	-
FCF Margin	0.11%	0.28%	-5.55%	-1.04%
Free Cash Flow Per Share	0.57	0.28	-1.70	-0.66
Levered Free Cash Flow	112.07	184.54	-1.98	1,786
Unlevered Free Cash Flow	40.56	94.54	-60.65	-15.36

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

SEC Filings: 10-K · 10-Q