FFilingLens
Quarterly TTM Annual
Income Balance Cash flow
8Y

Three-Statement Breakdown

NI
2026-06-30 · figures in $M

FCF UP

Free cash flow moved from -$832.5M to -$420.0M.

CASH FROM OPS +32.6%
2,362 36.2% MGN
CAPITAL EXPENDITURE +6.4%
2,782
FREE CASH FLOW —
-420
FCF / NET INCOME —
-0.45× TARGET >1.0×
Cash flow FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 YoY TTM 8Q
Net income
-51 383 -18 585 804 714 760 930 +22.2% 905 2024-09-30 · $85.7M2024-12-31 · $223.9M2025-03-31 · $474.8M2025-06-30 · $102.2M2025-09-30 · $94.7M2025-12-31 · $257.8M2026-03-31 · $507.1M2026-06-30 · $45.5M
Depreciation & amortization
600 717 726 748 821 908 1,043 1,168 +11.9% 1,273
Stock-based comp
29 26 17 24 25 34 44 51 +16.7% —
Cash from operations
540 1,583 1,104 1,218 1,409 1,935 1,782 2,362 +32.6% 2,303 2024-09-30 · $340.0M2024-12-31 · $539.8M2025-03-31 · $686.4M2025-06-30 · $495.4M2025-09-30 · $467.9M2025-12-31 · $712.6M2026-03-31 · $442.3M2026-06-30 · $680.4M
Cash conversion
NOT DISCLOSED
— 4.13× — 2.08× 1.75× 2.71× 2.34× 2.54× +8.5% 2.54×
Capital expenditures
(1,818) (1,802) (1,758) (1,838) (2,203) (2,646) (2,614) (2,782) +6.4% (3,389)
Free cash flow
-1,278 -219 -654 -620 -794 -711 -832 -420 — -1,086 2024-09-30 · -$294.7M2024-12-31 · -$220.2M2025-03-31 · $49.1M2025-06-30 · -$162.8M2025-09-30 · -$172.6M2025-12-31 · -$133.7M2026-03-31 · -$362.9M2026-06-30 · -$417.0M
FCF margin
-25.6% -4.3% -14.6% -13.1% -13.8% -13.3% -15.8% -6.4% — -9.5%
Cash from investing
-1,926 -1,922 -879 -2,205 -2,570 -3,572 -3,213 -4,524 — -4,065
Dividends paid
273 298 322 345 382 414 481 530 +10.3% 560
Share repurchases
NOT DISCLOSED
4 0 0 — — — — — — —
Debt repayment
1,046 52 1,622 26 60 0 0 1,260 — —
Cash from financing
1,469 366 -248 956 1,141 3,842 -651 2,099 — 1,491
Net change in cash
83 27 -23 -31 -20 2,206 -2,082 -63 — -270
Ending cash balance
113 139 116 84 41 2,245 157 110 -29.7% 70

Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.

SELECTED · FREE CASH FLOW · QoQ BRIDGE
FROM-832 CASH FROM OPERATIONS+581 CAPITAL EXPENDITURES-168 ROUNDING-1 TO-420
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM SRC 10-Q FILED 2026-08-05 ↗