Immatics N.V. (IMTX)

Immatics Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-196.45	15.22	-94.65	27.7	-93.34
Depreciation & Amortization	12.4	12.15	7.1	6.97	5.26
Other Amortization	-	0.08	0.14	-	-
Loss (Gain) From Sale of Assets	0.75	0	-0.15	-	-
Stock-Based Compensation	15.02	17.64	20.71	22.57	26.4
Other Operating Activities	35.62	-39.24	3.46	5.63	8.62
Change in Accounts Receivable	-0.24	-1.76	-2.98	-0.43	0.57
Change in Accounts Payable	-37.62	-160.05	86	45.56	-31.78
Change in Other Net Operating Assets	-6.11	-2.06	-1.39	-7.87	-0.48
Operating Cash Flow	-176.63	-158.03	18.23	100.13	-84.75
Operating Cash Flow Growth	-	-	-81.80%	-	-
Capital Expenditures	-6.56	-16.27	-30.8	-5.74	-5.11
Sale of Property, Plant & Equipment	-	0	0.15	0.05	-
Sale (Purchase) of Intangibles	-0.25	-0.21	-0.16	-0.48	-0.55
Investment in Securities	211.59	-135.91	-0.58	-203.63	13.15
Investing Cash Flow	204.79	-152.39	-31.39	-209.79	7.49
Long-Term Debt Repaid	-2.96	-2.01	-3.85	-2.84	-2.71
Net Debt Issued (Repaid)	-2.96	-2.01	-3.85	-2.84	-2.71
Issuance of Common Stock	107.31	343.01	90.4	134.48	0.09
Other Financing Activities	-7	-21.31	-2.04	-7.93	-
Financing Cash Flow	97.35	319.68	84.52	123.71	-2.61
Foreign Exchange Rate Adjustments	-16.34	9.01	-1.4	1.48	5.33
Net Cash Flow	109.17	18.28	69.95	15.53	-74.54
Free Cash Flow	-183.18	-174.3	-12.57	94.39	-89.85
Free Cash Flow Margin	-379.53%	-111.85%	-23.28%	54.62%	-258.47%
Free Cash Flow Per Share	-1.50	-1.63	-0.16	1.37	-1.43
Cash Interest Paid	-	0.89	0.29	0.7	0.57
Cash Income Tax Paid	-	-	-	0.22	-
Levered Free Cash Flow	-288.95	-101.74	-25.99	45.39	-11.52
Unlevered Free Cash Flow	-266.03	-101.19	-25.47	46.04	-11.16
Change in Working Capital	-43.97	-163.88	81.63	37.26	-31.7

Updated Mar 5, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q