FFilingLens
Quarterly TTM Annual
Income Balance Cash flow
8Q

Three-Statement Breakdown

TAP
2026-06-30 · figures in $M

FCF UP

Free cash flow moved from -$229.2M to $714.4M — the highest of its last 8 readings.

CASH FROM OPS +32616.0%
818 22.7% MGN
CAPITAL EXPENDITURE -55.3%
104
FREE CASH FLOW —
714
FCF / NET INCOME —
3.08× TARGET >1.0×
Cash flow 24-09 24-12 25-03 25-06 25-09 25-12 26-03 QoQ YoY TTM 8Q
Net income
10-Q
200 288 121 429 -2,928 238 151 232 +53.1% -46.0% -2,306 2024-09-30 · $199.8M2024-12-31 · $287.8M2025-03-31 · $121.0M2025-06-30 · $428.7M2025-09-30 · -$2.9B2025-12-31 · $238.3M2026-03-31 · $151.3M2026-06-30 · $231.7M
Depreciation & amortization
10-Q
175 247 180 170 180 181 186 192 +3.4% +12.9% 739
Stock-based comp
10 8 12 7 8 8 8 9 +7.3% +25.7% 33
Cash from operations
521 494 -91 718 616 541 2 818 327.2× +13.9% 1,977 2024-09-30 · $521.2M2024-12-31 · $494.5M2025-03-31 · -$90.7M2025-06-30 · $718.3M2025-09-30 · $616.1M2025-12-31 · $540.7M2026-03-31 · $2.5M2026-06-30 · $817.9M
Cash conversion
NOT DISCLOSED
2.61× 1.72× -0.75× 1.68× — 2.27× 0.02× 3.53× +21263.5% +110.7% —
Capital expenditures
(171) (111) (237) (163) (133) (183) (232) (104) -55.3% -36.6% (651)
Free cash flow
350 383 -328 555 483 358 -229 714 — +28.7% 1,326 2024-09-30 · $350.4M2024-12-31 · $383.4M2025-03-31 · -$328.0M2025-06-30 · $555.0M2025-09-30 · $483.0M2025-12-31 · $357.8M2026-03-31 · -$229.2M2026-06-30 · $714.4M
FCF margin
9.7% 11.8% -12.2% 14.8% 13.9% 11.4% -8.4% 19.8% — +33.6% 10.3%
Cash from investing
-149 -118 -341 -158 -135 -187 -230 -369 — — -922
Dividends paid
91 90 99 94 93 91 94 90 -3.7% -3.6% 367
Share repurchases
62 206 60 247 26 315 168 42 -74.8% -82.8% 552
Debt repayment
876 5 3 3 4 3 27 356 13.3× 131.9× 390
Cash from financing
-1,030 -394 -131 -375 -140 -410 -282 1,309 — — 476
Net change in cash
-626 -52 -557 201 336 -54 -514 1,746 — 8.7× 1,514
Ending cash balance
1,022 969 413 614 950 896 383 2,128 +456.2% +246.7% 2,128

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-229 CASH FROM OPERATIONS+815 CAPITAL EXPENDITURES+128 TO714
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM SRC 10-Q FILED 2026-08-06 ↗