Reformation Inc. (REF)

NYSE: REF · Real-Time Price · USD

14.48

-0.03 (-0.21%)

At close: Aug 21, 2026, 4:00 PM EDT

14.41

-0.07 (-0.48%)

After-hours: Aug 21, 2026, 7:30 PM EDT

Reformation Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 28, 2026	Dec '25 Dec 27, 2025	Dec '24 Dec 28, 2024	Dec '23 Dec 30, 2023
Net Income	6.04	12.64	32.93	23.89
Depreciation & Amortization	14.48	13.17	10.1	8.48
Other Amortization	1.11	1.12	0.76	-
Stock-Based Compensation	24.86	1.1	1.16	1.91
Other Operating Activities	18.4	19.71	9.83	10.66
Change in Accounts Receivable	-13.42	-6.06	-0.84	1.72
Change in Inventory	-12.29	-8.56	-18.38	-7.22
Change in Accounts Payable	-1.48	1.81	2.12	-4.6
Change in Unearned Revenue	1.53	1.35	1.07	2.53
Change in Other Net Operating Assets	-6.21	-9.61	5.53	0.46
Operating Cash Flow	33	26.67	44.27	37.81
Operating Cash Flow Growth	-	-39.75%	17.08%	-

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 28, 2026	Dec '25 Dec 27, 2025	Dec '24 Dec 28, 2024	Dec '23 Dec 30, 2023
Capital Expenditures	-42.22	-44.54	-26.15	-13.69
Investing Cash Flow	-42.22	-44.54	-26.15	-13.69

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 28, 2026	Dec '25 Dec 27, 2025	Dec '24 Dec 28, 2024	Dec '23 Dec 30, 2023
Long-Term Debt Issued	-	-	161.04	-
Long-Term Debt Repaid	-	-5.16	-1.03	-
Net Debt Issued (Repaid)	-6.25	-5.16	160.01	-
Issuance of Common Stock	0.04	-	0.37	0.03
Repurchase of Common Stock	-	-	-165.48	-
Other Financing Activities	-	-	-1.3	-
Financing Cash Flow	-6.21	-5.16	-6.4	0.03

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 28, 2026	Dec '25 Dec 27, 2025	Dec '24 Dec 28, 2024	Dec '23 Dec 30, 2023
Foreign Exchange Rate Adjustments	0.45	0.82	-0.54	0.16
Net Cash Flow	-14.97	-22.21	11.18	24.31

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 28, 2026	Dec '25 Dec 27, 2025	Dec '24 Dec 28, 2024	Dec '23 Dec 30, 2023
Free Cash Flow	-9.21	-17.87	18.12	24.12
Free Cash Flow Growth	-	-	-24.88%	-
Free Cash Flow Margin	-1.73%	-3.52%	4.13%	6.71%
Free Cash Flow Per Share	-0.18	-0.35	0.33	0.39
Levered Free Cash Flow	-	-22.64	-	-
Unlevered Free Cash Flow	-	-14.65	-	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 28, 2026	Dec '25 Dec 27, 2025	Dec '24 Dec 28, 2024	Dec '23 Dec 30, 2023
Cash Interest Paid	13.38	13.75	6.39	-
Cash Income Tax Paid	4.07	5.29	16.01	5.07
Change in Working Capital	-31.88	-21.07	-10.51	-7.13

SEC Filings: 10-K · 10-Q