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Pfizer Inc. (PFE)
NYSE: PFE · Real-Time Price · USD
28.46
+0.50 (1.79%)
At close: Aug 31, 2026, 4:00 PM EDT
28.51
+0.05 (0.18%)
After-hours: Aug 31, 2026, 7:59 PM EDT

Pfizer Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Oct '23 Jul '23 Apr '23 Dec '22 Oct '22 Jul '22 Apr '22 Dec '21 Oct '21
Net Income
-2472,687-1,6483,542-2,9674104,465413,115-3,369-2,3822,3275,5434,9948,6099,9057,8643,3938,146
Depreciation & Amortization
1,6111,6101,6601,658-1,6141,7881,7471,7271,7321,6661,5551,5681,4691,5051,1761,1691,1781,3241,314
Asset Writedown & Restructuring Costs
4,404354,433370-3483,1656572991402,91317762288277236334019465
Loss (Gain) From Sale of Investments
-1,870-------------------
Stock-Based Compensation
249272225201-17017727420622012115114810536413528786496293
Other Operating Activities
-1,478-270-912-1,082--845-1,738-1,292-526-786-4,5675,164-1,397-685-998402-444-1,906-1,414-5,418
Change in Accounts Receivable
---263----109---347---261----3,811-
Change in Inventory
--561----854----1,169----591----1,125-
Change in Accounts Payable
---469----1,023----300---1,191---1,242-
Change in Other Net Operating Assets
-1,816-1,7321,761-36--1,9194,912879-3,535-3,3369,572-1,199-3,916-5,5071,581-4,585-2,766-7305,6316,765
Operating Cash Flow
8352,6155,3484,603-2,3356,7216,714-1,7811,0905,2403,456-1,2081,2128,5825,9748,1706,5415,91410,829
Operating Cash Flow Growth (YoY)
-11.99%-20.43%-31.44%-114.22%28.26%94.27%--10.07%-38.94%-42.15%--81.47%45.11%-44.83%-27.69%44.14%5.14%418.13%

Investing Activities

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Oct '23 Jul '23 Apr '23 Dec '22 Oct '22 Jul '22 Apr '22 Dec '21 Oct '21
Capital Expenditures
-533-436-845-602--564-917-651-637-704-1,044-810-914-1,139-1,001-841-751-643-1,002-618
Cash Acquisitions
---6,927--------43,405--25--16,772---6,225--
Investment in Securities
2,6401,1991,763-1,840-3,539-718-1,4125,2562,43533,4381,350-24,0224,47313,354-3,635-10,4857,448-1,645-9,154
Other Investing Activities
-122-13712-299126-19115348-524-1993,849-77-1361-304
Investing Cash Flow
2,106785-6,146-2,430-3,274-1,623-2,0574,6001,732-10,996888-25,4853,315-4,410-627-11,313567-2,586-10,076

Financing Activities

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Oct '23 Jul '23 Apr '23 Dec '22 Oct '22 Jul '22 Apr '22 Dec '21 Oct '21
Short-Term Debt Issued
---------1,444---237------
Total Debt Issued
--5,991---7322,1614,5701,4447,672-2230,630237-8663664,391--2651,262
Short-Term Debt Repaid
--127----2,434----2,367--------220--
Long-Term Debt Repaid
----------1,250----269----1,609--
Total Debt Repaid
-1,186-127-2,9066--2,434-3,452-4,411-4,586-3,617103-1,406-1,000-269-1,911-3,887220-1,829-1,098-503
Net Debt Issued (Repaid)
-1,186-1273,0856--2,434-2,720-2,250-16-2,1737,775-1,42829,630-32-2,777-3,5214,611-1,829-1,363759
Repurchase of Common Stock
------------------2,000--
Common Dividends Paid
-2,451-2,445-2,445-2,444--2,437-2,380-2,380-2,380-2,372-2,315-2,314-2,315-2,303-2,245-2,245-2,244-2,249-2,189-2,185
Dividends Paid
-2,451-2,445-2,445-2,444--2,437-2,380-2,380-2,380-2,372-2,315-2,314-2,315-2,303-2,245-2,245-2,244-2,249-2,189-2,185
Other Financing Activities
-26-284-44-39--356-14-6-63-386-18-37-141-43675153-500201325
Financing Cash Flow
-3,663-2,856596-2,477--5,227-5,114-4,636-2,459-4,9315,442-3,77927,174-2,771-5,015-5,7612,520-6,578-3,351-1,101

Net Cash Flow

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Oct '23 Jul '23 Apr '23 Dec '22 Oct '22 Jul '22 Apr '22 Dec '21 Oct '21
Foreign Exchange Rate Adjustments
-41952--7-299-18-28-1-32-5-2-26-72-66-1-27-37
Miscellaneous Cash Flow Adjustments
---2--1--11--2-1--1-1--1
Net Cash Flow
-726563-197-300-374-4529343-2,137-3155354751,754-870-486-688529-50-384

Free Cash Flow

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Oct '23 Jul '23 Apr '23 Dec '22 Oct '22 Jul '22 Apr '22 Dec '21 Oct '21
Free Cash Flow
3022,1794,5034,001-1,7715,8046,063-2,4183864,1962,646-2,122737,5815,1337,4195,8984,91210,211
Free Cash Flow Growth (YoY)
-23.04%-22.42%-34.01%-358.81%38.32%129.14%-428.77%-44.65%-48.45%--98.76%54.34%-49.73%-31.06%48.04%2.08%545.04%
Free Cash Flow Margin
2.01%15.08%25.65%24.02%-12.91%32.67%34.25%-18.20%2.59%28.80%19.61%-16.31%0.40%31.21%22.67%26.74%22.98%20.61%42.48%
Free Cash Flow Per Share
0.050.380.790.70-0.311.021.06-0.420.070.740.47-0.370.011.320.901.301.020.851.78
Levered Free Cash Flow
2,849418.137,0601,706-1,4727,4353,3521,817-800.511,171-4,5121,896-3,2418,6095,2207,0753,6326,24011,322
Unlevered Free Cash Flow
3,265835.637,5052,114-1,8807,8973,8422,303-306.7511,601-4,0772,214-3,0428,8055,4157,2583,8336,43811,525

Additional Metrics

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Oct '23 Jul '23 Apr '23 Dec '22 Oct '22 Jul '22 Apr '22 Dec '21 Oct '21
Cash Interest Paid
1,248293981275-3531,3942801,1384151,062332402419321350318453262407
Cash Income Tax Paid
3,467721,017178-1524334862,5021842408821,6963292,9481,8212,7443544,484755
Change in Working Capital
-1,816-1,7321,590-36--1,9192,926879-3,535-3,3368,450-1,199-3,916-5,5072,442-4,585-2,766-7301,9376,765
SEC Filings: 10-K · 10-Q