Immatics Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
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	Dec '21 Dec 31, 2021
Net Income	-215.35	-198.44	21.35	-96.99	42.04	-93.34
Depreciation & Amortization	12.04	12.4	12.23	7.23	6.97	5.26
Stock-Based Compensation	16.6	15.02	17.64	20.71	22.57	26.4
Other Adjustments	2.65	16.92	-60.08	-4.22	-9.43	9.02
Change in Receivables	1.45	-0.24	-1.76	-2.98	-0.43	0.57
Changes in Accounts Payable	-11.19	-37.62	-149.74	86	45.56	-31.78
Changes in Income Taxes Payable	-0.8	-4.43	-13.1	-2.96	-0.22	-
Changes in Other Operating Activities	9.74	19.76	15.45	11.45	-6.92	-0.87
Operating Cash Flow	-184.46	-176.63	-158.03	18.23	100.13	-84.75
Operating Cash Flow Growth	-	-	-	-81.80%	-	-
Capital Expenditures	-4.25	-6.56	-16.27	-30.8	-5.74	-5.11
Sale of Property, Plant & Equipment	-0.02	-	0	0.15	0.05	-
Purchases of Intangible Assets	-0.19	-0.25	-0.21	-0.16	-0.48	-0.55
Purchases of Investments	-149.69	-338.27	-450.35	-415.33	-216.32	-11.3
Proceeds from Sale of Investments	284.04	549.86	314.44	414.74	12.7	24.45
Investing Cash Flow	129.9	204.79	-152.39	-31.39	-209.79	7.49
Long-Term Debt Repaid	-2.98	-2.96	-2.01	-3.85	-2.84	-2.71
Net Long-Term Debt Issued (Repaid)	-2.98	-2.96	-2.01	-3.85	-2.84	-2.71
Issuance of Common Stock	129.58	107.31	343.01	90.4	134.48	0.09
Net Common Stock Issued (Repurchased)	129.58	107.31	343.01	90.4	134.48	0.09
Other Financing Activities	-0.54	-7	-21.31	-2.04	-7.93	-
Financing Cash Flow	119.06	97.35	319.68	84.52	123.71	-2.61
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-6.01	-16.34	9.01	-1.4	1.48	5.33
Net Cash Flow	64.49	125.51	9.27	71.36	14.05	-79.87
Free Cash Flow	-188.71	-183.18	-174.3	-12.57	94.39	-89.85
FCF Margin	-505.96%	-379.53%	-111.85%	-23.28%	54.62%	-258.47%
Free Cash Flow Per Share	-1.50	-1.50	-1.63	-0.16	1.37	-1.43
Levered Free Cash Flow	-211.85	-215.85	-138.24	-27.57	64.51	-128.55
Unlevered Free Cash Flow	-206.24	-196.63	-178.97	-28.34	59.39	-118.8

SEC Filings: 10-K · 10-Q