Altice USA, Inc. (ATUS) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 |
|---|
| Cash from Operations | 481.56M | 147.45M | 411.96M | 187.48M | 439.92M | 436.02M | 306.79M | 399.66M | 496.21M | 474.5M | 438.84M | 416.85M | 461.19M | 629.16M | 676.34M | 600.22M | 676.6M | 698.31M | 729.54M | 749.62M |
| Operating CF Margin % | 22.06% | 6.99% | 19.19% | 8.71% | 19.68% | 19.57% | 13.69% | 17.76% | 21.56% | 20.48% | 18.88% | 18.17% | 19.47% | 26.29% | 27.46% | 24.78% | 26.84% | 27.12% | 29% | 30.24% |
| Operating CF Growth % | 9.47% | -66.18% | 34.28% | -53.09% | -11.34% | -8.11% | -30.09% | -4.12% | 7.6% | -24.58% | -35.11% | -30.55% | -31.84% | -9.9% | -7.29% | -19.93% | -16.03% | 5.95% | -22.06% | 26.29% |
| Net Income | -71.2M | -1.62B | -87.99M | -71.27M | -54.12M | -40.84M | 15.36M | -21.19M | -117.81M | 75.52M | 86.14M | 31.17M | -192.41M | 97.62M | 113.54M | 202.14M | 260.71M | 270.75M | 197.66M | 278.54M |
| Depreciation & Amortization | 0 | 415.31M | 409.7M | 429.63M | 471.73M | 386.34M | 406.98M | 399.88M | 418.49M | 402.37M | 418.7M | 416.21M | 446.43M | 445.77M | 446.13M | 435.35M | 460.01M | 447.96M | 455.2M | 434.86M |
| Stock-Based Compensation | 0 | 12.01M | 16.17M | 15.45M | 16.81M | 20.17M | 16.42M | 13.76M | 18.56M | 16.11M | 15.88M | -2.62M | 45.58M | 37.35M | 36.53M | 40.53M | 18.02M | 24.35M | 0 | 28.28M |
| Deferred Taxes | 0 | 82.9M | -133.21M | -127.41M | -388.92M | 2.69M | -96.41M | 86.59M | -39.62M | -73.89M | -56.15M | -57.25M | 125.63M | -31.52M | -41.57M | -16.15M | -56.34M | -1.72M | 69.6M | 29.16M |
| Other Non-Cash Items | 552.76M | 1.59B | 32.34M | 20.58M | 47.51M | 39.67M | 36.67M | 45.44M | 211.02M | 38.1M | 51.8M | 12.7M | 30.11M | 161.76M | 160.55M | 95.45M | 104.65M | 53.08M | 99.62M | 26.17M |
| Working Capital Changes | 0 | -332.66M | 174.96M | -79.5M | 346.91M | 27.99M | -72.23M | -124.82M | 5.57M | 16.29M | -77.53M | 16.63M | 5.85M | -81.82M | -38.84M | -157.1M | -110.44M | -96.1M | -92.55M | -47.39M |
| Change in Receivables | 0 | -45.17M | -14.6M | 17.19M | 11.5M | -16.49M | -94.49M | 36.51M | -104.49M | -18.79M | -36.98M | 26.36M | -45.67M | 1.18M | -9.9M | 9.11M | 4.7M | -48.16M | -42.22M | 55.29M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -20.44M | 2.24M | 0 | 0 | 0 | 0 | 13.48M | 0 | 0 | 0 | -116.12M |
| Change in Payables | 0 | -257.74M | 71.77M | 42.96M | 93.42M | 0 | 43.91M | -64.86M | -36.88M | 20.44M | -2.24M | 0 | 0 | 0 | 0 | -13.48M | 0 | 0 | -87.77M | -29.7M |
| Cash from Investing | 0 | -265.14M | -382.01M | -363.55M | -409.53M | -360.09M | -350.12M | -343.04M | -295.29M | -353.32M | -474.82M | -583.1M | -545.41M | -497.99M | -486.62M | -391.48M | -385.81M | -310.26M | -666.89M | -210.65M |
| Capital Expenditures | 0 | -326.16M | -383.52M | -356.12M | -390.04M | -359.16M | -347.72M | -336.1M | -295.25M | -353.22M | -473.44M | -582.9M | -543.23M | -493.56M | -485.13M | -392.37M | -386.65M | -309.17M | -666.89M | -212.79M |
| CapEx % of Revenue | - | 15.47% | 17.86% | 16.55% | 17.45% | 16.12% | 15.52% | 14.93% | 12.83% | 15.24% | 20.37% | 25.41% | 22.93% | 20.62% | 19.7% | 16.2% | 15.34% | 12.01% | 26.51% | 8.58% |
| Acquisitions | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 61.02M | 1.51M | 191K | 13.29M | 2.79M | -370K | 610K | -35K | -99K | -1.38M | -198K | -2.18M | -2.38M | -1.5M | 888K | 841K | -1.21M | -3.22M | 75.6M |
| Cash from Financing | 0 | 914.3M | -62.74M | 198.73M | -23.84M | -188.45M | 121.19M | -73.61M | -168.03M | -69.9M | 33.93M | 81.41M | 138.89M | -113.72M | -152.45M | -208.63M | -327.01M | -376.31M | -61.76M | -597.45M |
| Debt Issued (Net) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -79.41M | -221.87M | -503.64M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -79.41M | -221.87M | -503.64M |
| Other Financing | 0 | -67.15M | -27.6M | -14M | -3.6M | -2.09M | -2.28M | -20.91M | -47.53M | -7.58M | -7.27M | 38.2M | -8.19M | -207K | 0 | 0 | -14.24M | 1.36M | 946K | 393K |
| Net Change in Cash | 0 | 796.08M | -31.85M | 22.61M | 6.53M | -112.1M | 77.66M | -17.6M | 33.68M | 49.25M | -1.32M | -85.03M | 54.91M | 17.61M | 37.32M | -63K | -36.74M | 11.13M | 748K | -57.85M |
| Free Cash Flow | 481.56M | -178.72M | 28.45M | -168.64M | 49.88M | 76.86M | -40.93M | 63.57M | 200.96M | 121.28M | -34.6M | -166.05M | -82.04M | 135.6M | 191.21M | 207.85M | 289.95M | 389.14M | 62.65M | 536.83M |
| FCF Margin % | 22.06% | -8.48% | 1.32% | -7.84% | 2.23% | 3.45% | -1.83% | 2.82% | 8.73% | 5.23% | -1.49% | -7.24% | -3.46% | 5.67% | 7.76% | 8.58% | 11.5% | 15.11% | 2.49% | 21.66% |
| FCF Growth % | 865.36% | -332.5% | 169.5% | -365.3% | -75.18% | -36.62% | -18.27% | 138.28% | 344.95% | -10.56% | -118.1% | -179.89% | -128.29% | -65.15% | 205.19% | -61.28% | -37.17% | 25.39% | -91.14% | 82.3% |
| FCF per Share | 1.03 | -0.38 | 0.06 | -0.36 | 0.11 | 0.17 | -0.09 | 0.14 | 0.44 | 0.27 | -0.08 | -0.36 | -0.18 | 0.30 | 0.42 | 0.46 | 0.64 | 0.85 | 0.14 | 1.13 |
| FCF Conversion (FCF/Net Income) | -6.76x | -0.09x | -4.28x | -2.48x | -8.13x | -10.15x | 19.97x | -18.86x | -4.21x | 7.10x | 5.60x | 16.12x | -2.39x | 7.41x | 6.37x | 3.05x | 2.69x | 2.62x | 3.69x | 2.73x |
| Interest Paid | 0 | 0 | 0 | 547.16M | 0 | 0 | 0 | 401.99M | 0 | 0 | 0 | 389.16M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11.15M | 0 | 0 | 0 | 12.66M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |