Bitgo Holdings Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	-49.72	-14.78	156.55	-2.12	4,605
Depreciation & Amortization	4.89	4.03	3.22	1.14	3.02
Stock-Based Compensation	13.69	3.39	2.68	0.87	1.14
Other Adjustments	19.53	-8.63	-237.29	-44.81	-4,700
Changes in Restricted Cash and Segregated Assets	-	-	-	-	-23.37
Change in Receivables	2.01	-0.47	-13.76	-5.5	8.78
Changes in Accounts Payable	3.45	5.15	-2.42	2.42	-3.86
Changes in Unearned Revenue	-1.43	0.01	1.44	-2.14	2.06
Changes in Other Operating Activities	-0.13	41.28	100.26	-0.98	82.05
Operating Cash Flow	-7.73	29.97	10.68	-51.11	-25.08
Operating Cash Flow Growth	-	180.55%	-	-	-
Capital Expenditures	-12.23	-12.47	-2.08	-0.3	-0.99
Sale of Property, Plant & Equipment	-	-	0	0.11	-
Purchases of Intangible Assets	-27.38	-12.69	-20.59	-35	-
Proceeds from Sale of Intangible Assets	-	-	-	25	-
Payments for Business Acquisitions	-	-	4.91	-0.7	-
Other Investing Activities	-85.12	-89.17	-41.16	-23.95	231.4
Investing Cash Flow	-124.74	-114.33	-58.92	-34.84	230.41
Long-Term Debt Issued	216.42	158.67	30	-	-150
Long-Term Debt Repaid	32.84	-69.82	-	-	-
Net Long-Term Debt Issued (Repaid)	249.26	88.85	30	-	-150
Issuance of Common Stock	176.62	1.55	0.28	0.29	0.58
Repurchase of Common Stock	-2.98	-	-	-	-
Net Common Stock Issued (Repurchased)	173.64	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	4,297	3,326	72.71	-	-
Financing Cash Flow	4,597	3,417	89.47	50.2	-149.42
Net Cash Flow	4,465	3,332	41.24	-35.76	55.91
Free Cash Flow	-19.96	17.5	8.6	-51.41	-26.08
Free Cash Flow Growth	-	103.44%	-	-	-
FCF Margin	-0.11%	0.11%	0.28%	-5.55%	-1.04%
Free Cash Flow Per Share	-0.37	0.57	0.28	-1.70	-0.66
Levered Free Cash Flow	194.07	112.07	184.54	-1.98	1,786
Unlevered Free Cash Flow	-16.72	40.56	94.54	-60.65	-15.36

SEC Filings: 10-K · 10-Q