Burning Rock Biotech Limited (BNR) 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 | 23.04M | 16.39M | -44.35M | -23.53M | 19.06M | -30.28M | -40.84M | -40.21M | -16.02M | -47.42M | -79.2M | -113.14M | -67.71M | -135.47M | -109.27M | -144.36M | -112.35M | -133.39M | -119M | -113.14M |
| Operating CF Margin % | 18.24% | 12.46% | -29.85% | -17.68% | 15.13% | -23.54% | -30.13% | -32.01% | -13.23% | -37.17% | -54.15% | -79.39% | -47.6% | -87.61% | -83.51% | -106.52% | -76.25% | -105.35% | -93.49% | -106.12% |
| Operating CF Growth % | 20.86% | 154.14% | -8.6% | 41.49% | 219% | 36.15% | 48.44% | 64.46% | 76.34% | 65% | 27.52% | 21.63% | 39.74% | -1.55% | 8.17% | -27.59% | -23.92% | -260.02% | -294.68% | -1526.58% |
| Net Income | -15.39M | -16.76M | -9.7M | -13.5M | -81.29M | -35.74M | -108.04M | -121.55M | -162.21M | -174.98M | -131.24M | -185.25M | -709.85M | -226.31M | -262.14M | -257.96M | -251.14M | -170.48M | -203.66M | -171.41M |
| Depreciation & Amortization | 21.76M | 0 | 0 | 0 | 52.2M | 0 | 0 | 0 | 131.45M | 0 | 0 | 0 | 124.1M | 0 | 0 | 0 | 47.77M | 0 | 21.65M | 0 |
| Stock-Based Compensation | 6.95M | 0 | 2.38M | 4.55M | 8.01M | 10.12M | 68.11M | 69.38M | 71.34M | 73.39M | 37.82M | 78.17M | 326.78M | 77.85M | 77.14M | 80.15M | 282.43M | 53.55M | 83.41M | 84.76M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 21.41M | 0 | 0 | 0 |
| Other Non-Cash Items | 69.1M | 33.15M | -37.03M | -14.57M | 82.06M | -4.65M | -909K | 11.96M | -52.23M | 54.17M | 14.22M | -6.06M | 224.47M | 13M | 75.73M | 33.45M | -191.4M | -16.47M | 80.32M | -26.49M |
| Working Capital Changes | -59.39M | 0 | 0 | 0 | -41.92M | 0 | 0 | 0 | -4.36M | 0 | 0 | 0 | -33.22M | 0 | 0 | 0 | -21.41M | 0 | -100.72M | 0 |
| Change in Receivables | -33.23M | 0 | 0 | 0 | -26.8M | 0 | 0 | 0 | -16.4M | 0 | 0 | 0 | -42.16M | 0 | 0 | 0 | -18.93M | 0 | -12.63M | 0 |
| Change in Inventory | 2.5M | 0 | 0 | 0 | 2.51M | 0 | 0 | 0 | 57.28M | 0 | 0 | 0 | -21.65M | 0 | 0 | 0 | 2.62M | 0 | -55.3M | 0 |
| Change in Payables | 7.18M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -5.1M | 0 | 0 | 0 |
| Cash from Investing | -320K | -2.75M | 207K | -1.53M | -812K | -987K | -227K | -2.39M | -328K | -1.99M | -2.93M | -4.06M | -5.03M | -20.15M | 30.73M | -13.01M | -66.97M | -72.08M | -67.58M | 288.33M |
| Capital Expenditures | -5.25M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -8.1M | 0 | 0 | 0 | -62.03M | 0 | 0 | 0 | -204.33M | 0 | -104.82M | 0 |
| CapEx % of Revenue | 4.16% | - | - | - | 4.3% | - | - | - | 6.69% | - | - | - | 43.61% | - | - | - | 138.67% | - | 82.36% | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -90.25M | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 4.93M | -2.75M | 207K | -1.53M | -812K | -987K | -227K | -2.39M | 7.78M | -1.99M | -2.93M | -4.06M | -8.6M | -20.15M | 30.73M | -13.01M | -66.97M | -72.08M | 37.24M | 288.33M |
| Cash from Financing | -100K | 0 | 2M | 0 | -74K | 2K | 0 | 0 | -1.91M | -45.89M | -1M | -32K | -10.07M | -2.67M | -69.56M | -3.93M | -6.78M | -32.99M | -8.96M | -4.16M |
| Debt Issued (Net) | 1.9M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | -72K | 0 | 0 | 0 | -6.98M | 0 | 0 | 0 | -71.83M | 0 | 0 | 0 | -4.27M | 0 | -4.27M | 0 |
| 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 | -72K | 0 | 0 | 0 | -6.98M | 0 | 0 | 0 | -71.83M | 0 | 0 | 0 | -4.27M | 0 | -4.27M | 0 |
| Other Financing | -2M | 0 | 2M | 0 | -2K | 2K | 0 | 0 | 5.07M | -45.89M | -1M | -32K | 61.76M | -2.67M | -69.56M | -3.93M | -2.51M | -32.99M | -4.69M | -4.16M |
| Net Change in Cash | 14.11M | 11.96M | -42.38M | -24.76M | 23.91M | -34.8M | -39.63M | -42.54M | -21.53M | -96.53M | -69.86M | -122.13M | -88.74M | -139.04M | -121.83M | -164.24M | -210.6M | -233.56M | -229.62M | 187.68M |
| Free Cash Flow | 17.79M | 16.39M | -44.35M | -23.53M | 13.64M | -30.28M | -40.84M | -40.21M | -24.12M | -47.42M | -79.2M | -113.14M | -129.74M | -135.47M | -109.27M | -144.36M | -316.68M | -133.39M | -223.82M | -113.14M |
| FCF Margin % | 14.08% | 12.46% | -29.85% | -17.68% | 10.83% | -23.54% | -30.13% | -32.01% | -19.92% | -37.17% | -54.15% | -79.39% | -91.21% | -87.61% | -83.51% | -106.52% | -214.92% | -105.35% | -175.85% | -106.12% |
| FCF Growth % | 30.4% | 154.14% | -8.6% | 41.49% | 156.56% | 36.15% | 48.44% | 64.46% | 81.41% | 65% | 27.52% | 21.63% | 59.03% | -1.55% | 51.18% | -27.59% | -114.94% | -260.02% | -466.17% | -970.54% |
| FCF per Share | 16.98 | 15.22 | -41.18 | -21.86 | 13.20 | -29.33 | -39.80 | -39.21 | -23.56 | -46.34 | -77.29 | -110.50 | -126.73 | -130.37 | -104.21 | -138.14 | -303.16 | -127.98 | -215.03 | -108.75 |
| FCF Conversion (FCF/Net Income) | -1.50x | -0.98x | 4.57x | 1.74x | -0.23x | 0.85x | 0.38x | 0.33x | 0.10x | 0.27x | 0.60x | 0.61x | 0.31x | 0.59x | 0.42x | 0.55x | 0.45x | 0.78x | 0.58x | 0.66x |
| Interest Paid | 30K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |