Kodiak AI 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	-585.53	-69.46	-56.95
Depreciation & Amortization	3.25	4.62	4.11
Stock-Based Compensation	19.08	5.55	5.4
Other Adjustments	473.13	5.92	1.92
Change in Receivables	0.4	-1.04	0.01
Changes in Accounts Payable	-0.72	-0.81	0.56
Changes in Accrued Expenses	-0.41	5.1	3.83
Changes in Other Operating Activities	-3.65	-0.83	-2.73
Operating Cash Flow	-94.44	-50.96	-43.84
Capital Expenditures	-22.03	-3.19	-3.27
Purchases of Investments	-69.41	-	-30.45
Proceeds from Sale of Investments	-	-	51
Other Investing Activities	-	-0.02	-
Investing Cash Flow	-91.43	-3.21	17.28
Long-Term Debt Issued	73.53	-	3.67
Long-Term Debt Repaid	-33.38	-2.24	-1.93
Net Long-Term Debt Issued (Repaid)	40.15	-2.24	1.74
Issuance of Common Stock	27.74	0.17	0.29
Net Common Stock Issued (Repurchased)	27.74	0.17	0.29
Issuance of Preferred Stock	145	-	-
Net Preferred Stock Issued (Repurchased)	145	-	-
Other Financing Activities	7.04	45.19	10
Financing Cash Flow	219.93	43.13	12.03
Net Cash Flow	34.05	-11.05	-14.54
Free Cash Flow	-116.47	-54.15	-47.11
FCF Margin	-3067.37%	-362.64%	-278.01%
Free Cash Flow Per Share	-1.28	-0.93	-0.81
Levered Free Cash Flow	-568.94	-66.81	-52.7
Unlevered Free Cash Flow	-136.18	-56.84	-51.33

SEC Filings: 10-K · 10-Q