Heidrick & Struggles International, Inc. (HSII)

HSII Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	37.05	8.73	54.41	79.49	72.57	-37.71
Depreciation & Amortization	20.45	18.86	18.51	10.6	19.56	26.66
Stock-Based Compensation	12.24	12.73	10.83	16.69	12.76	10.2
Other Adjustments	-21.82	39.77	17.99	5.89	-6.86	31.42
Change in Receivables	-16.37	-4.52	6.91	4.52	-36.82	22.64
Changes in Accounts Payable	4.63	4.63	-0.13	-5.73	-0.33	0.45
Changes in Accrued Expenses	76.17	47.03	-145.12	32.89	230.18	-26.51
Changes in Income Taxes Payable	4.68	12.33	-6.69	-13.61	11.38	-4.02
Changes in Unearned Revenue	8.74	6.27	2.04	-7.24	12.78	-3.69
Changes in Other Operating Activities	-15.09	4.61	14.46	-4.22	-43.82	3.9
Operating Cash Flow	147.86	150.43	-26.79	119.29	271.4	23.35
Operating Cash Flow Growth	16.00%	-	-	-56.05%	1062.17%	-70.31%
Capital Expenditures	-15.41	-26.32	-13.43	-11.13	-6.24	-7.32
Purchases of Investments	-410.3	-163.61	-140.98	-269.82	-2.32	-118.9
Proceeds from Sale of Investments	382.08	175.31	337.87	1.36	20.82	158.85
Payments for Business Acquisitions	-	-	-49.86	-	-33.52	-
Investing Cash Flow	-43.64	-14.62	133.6	-279.6	-21.26	32.63
Net Cash Flow	104.22	135.81	106.81	-160.31	250.14	55.98
Ending Cash & Cash Equivalents	104.22	135.81	106.81	-160.31	250.14	55.98
Free Cash Flow	132.44	124.12	-40.23	108.15	265.16	16.03
Free Cash Flow Growth	6.71%	-	-	-59.21%	1554.05%	-78.71%
FCF Margin	10.87%	11.12%	-3.86%	9.98%	26.29%	2.55%
Free Cash Flow Per Share	6.23	5.86	-1.94	5.25	13.06	0.83
Levered Free Cash Flow	121.22	76.14	-75.96	81.05	296.08	-48.24
Unlevered Free Cash Flow	106.1	69.55	-84.13	79	290.77	-53.2

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q