Q2 Holdings 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	FY 2022	FY 2021
Period Ending	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	52.01	-38.54	-65.38	-108.98	-112.75
Depreciation & Amortization	32.42	46.81	48.31	38.96	32.83
Other Amortization	53.2	51.1	51.35	48.69	74.36
Loss (Gain) From Sale of Assets	-	-	-	-	0.39
Asset Writedown & Restructuring Costs	-0.04	1.67	4.08	11.67	2.01
Loss (Gain) From Sale of Investments	-1.1	-1.27	-3.19	-0.3	1.12
Stock-Based Compensation	86.95	89.22	79.19	65.16	55.9
Provision & Write-off of Bad Debts	-	-	-	-	0.01
Other Operating Activities	1.93	1.62	-18.37	1.86	1.69
Change in Accounts Receivable	-15.26	4.94	7.78	-0.82	-14.24
Change in Accounts Payable	8.58	-9.79	9.35	-0.55	1.76
Change in Unearned Revenue	16.84	28.92	-3.09	10.21	15.74
Change in Other Net Operating Assets	-34.07	-38.91	-39.73	-29.34	-27.74
Operating Cash Flow	201.46	135.75	70.29	36.56	31.09
Operating Cash Flow Growth	48.41%	93.12%	92.29%	17.57%	-
Capital Expenditures	-6.81	-6.69	-5.67	-11.14	-19.75
Cash Acquisitions	-	-	-	-5.04	-64.65
Sale (Purchase) of Intangibles	-21.28	-22.34	-24.97	-18.91	-5.87
Investment in Securities	24.07	7.95	143.91	-130.46	25.14
Investing Cash Flow	-4.03	-21.08	113.27	-165.56	-65.13
Long-Term Debt Repaid	-191	-	-160.55	-	-63.69
Net Debt Issued (Repaid)	-191	-	-160.55	-	-63.69
Issuance of Common Stock	7.03	14.26	8.4	5.88	5.89
Repurchase of Common Stock	-5	-	-	-	-
Other Financing Activities	-	-0.94	0.14	-	6.64
Financing Cash Flow	-188.97	13.32	-152.01	5.88	-51.16
Foreign Exchange Rate Adjustments	0.05	-0.83	0.18	-0.8	-0.17
Net Cash Flow	8.51	127.16	31.73	-123.92	-85.36
Free Cash Flow	194.65	129.06	64.62	25.41	11.34
Free Cash Flow Growth	50.82%	99.72%	154.27%	124.15%	-
Free Cash Flow Margin	24.49%	18.53%	10.35%	4.49%	2.27%
Free Cash Flow Per Share	2.99	2.15	1.11	0.44	0.20
Cash Interest Paid	2.85	2.68	2.65	2.89	-
Cash Income Tax Paid	3.84	5.88	2.62	0.88	-
Levered Free Cash Flow	192.85	140.71	97.6	67.39	71.92
Unlevered Free Cash Flow	190.74	138.65	95.49	64.67	63.79
Change in Working Capital	-23.91	-14.85	-25.69	-20.49	-24.48

Updated Feb 11, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q