CyberArk Software 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	-146.91	-93.46	-66.5	-130.37	-83.95
Depreciation & Amortization	128.26	41.98	19.25	16.2	14.23
Stock-Based Compensation	234.42	168.77	140.1	120.82	95.44
Other Adjustments	-7.2	60.61	-9.98	-12.94	13.54
Change in Receivables	-43.47	-93.3	-65.66	-7.61	-20.08
Changes in Accounts Payable	-6.89	11	-2.67	4.05	1.5
Changes in Accrued Expenses	79.81	32.97	14.49	5.52	23.72
Changes in Unearned Revenue	117.25	150.78	72.19	91.17	74.77
Changes in Other Operating Activities	-68.62	-47.46	-45.02	-37.14	-44.42
Operating Cash Flow	286.65	231.89	56.2	49.71	74.74
Operating Cash Flow Growth	23.62%	312.58%	13.07%	-33.49%	-30.00%
Capital Expenditures	-16.78	-11.06	-4.95	-12.52	-8.93
Purchases of Intangible Assets	-10.62	-	-	-	-
Purchases of Investments	-1,664	-511.97	-744.47	-872.63	-726.3
Proceeds from Sale of Investments	531.71	1,161	663.59	858.04	507.03
Payments for Business Acquisitions	-164.38	-984.67	-	-41.29	-
Investing Cash Flow	-1,324	-346.26	-85.83	-68.39	-228.19
Long-Term Debt Issued	1,219	-	-	-	-
Long-Term Debt Repaid	-	-0.54	-	-	-
Net Long-Term Debt Issued (Repaid)	1,219	-0.54	-	-	-
Issuance of Common Stock	29.84	289.27	26.9	17.11	11.74
Repurchase of Common Stock	-8.02	0.27	11.19	-0.18	-0.79
Net Common Stock Issued (Repurchased)	21.82	289.54	38.08	16.93	10.95
Other Financing Activities	-111	-0.19	-	-4.7	-
Financing Cash Flow	1,130	288.81	38.08	12.23	10.95
Effect of Exchange Rate Changes on Cash and Cash Equivalents	4.6	-3.9	0.14	-3.05	-0.69
Net Cash Flow	92.14	174.43	8.46	-6.46	-142.51
Beginning Cash & Cash Equivalents	526.47	711.87	694.68	713.7	500.04
Free Cash Flow	269.87	220.83	51.26	37.19	65.81
Free Cash Flow Growth	22.21%	330.83%	37.82%	-43.49%	-33.92%
FCF Margin	19.83%	22.07%	6.82%	6.29%	13.09%
Free Cash Flow Per Share	5.38	5.00	1.23	0.92	1.66
Levered Free Cash Flow	1,305	84.21	-13.21	-63.09	-23.08
Unlevered Free Cash Flow	-45.71	-247.96	-69.15	-77.77	-11.14

Updated Feb 4, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q