The Cheesecake Factory Incorporated (CAKE) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | 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 |
|---|
| Cash from Operations | 95.56M | 74.91M | 90.61M | 56.84M | 78.92M | 94M | 79.88M | 27.7M | 66.75M | 67.86M | 49.03M | 36.48M | 65.03M | 63.03M | 11.38M | 54.01M | 33.51M | 93.85M | -11.28M | 108.8M |
| Operating CF Margin % | 9.76% | 7.79% | 9.99% | 5.95% | 8.51% | 10.21% | 9.23% | 3.06% | 7.49% | 7.74% | 5.91% | 4.21% | 7.51% | 7.06% | 1.45% | 6.49% | 4.22% | 12.08% | -1.49% | 14.15% |
| Operating CF Growth % | 21.09% | -20.31% | 13.44% | 105.24% | 18.23% | 38.53% | 62.92% | -24.08% | 2.63% | 7.66% | 330.84% | -32.45% | 94.06% | -32.84% | 200.9% | -50.36% | 54.85% | 163.29% | -482.56% | 4123.52% |
| Net Income | 49.55M | 28.77M | 31.9M | 54.81M | 32.94M | 41.15M | 29.99M | 52.44M | 33.19M | 12.68M | 17.95M | 42.67M | 28.05M | -3.3M | -2.4M | 25.66M | 23.16M | 2.11M | 32.68M | 33.72M |
| Depreciation & Amortization | 27.98M | 28.67M | 27.42M | 26.86M | 26.08M | 26.43M | 25.3M | 24.96M | 24.76M | 24.01M | 22.84M | 23.33M | 22.95M | 25.62M | 22.65M | 22.61M | 21.5M | 22.85M | 22.58M | 22.22M |
| Stock-Based Compensation | 7.01M | 6.79M | 5.67M | 7.19M | 7.58M | 8.47M | 7.02M | 6.83M | 7.65M | 6.93M | 6.62M | 6.33M | 5.9M | 7.21M | 5.61M | 6.09M | 5.52M | 6.66M | 5.39M | 5.49M |
| Deferred Taxes | 6.09M | -12.11M | 3.16M | -2.05M | 4.29M | -9.97M | 1.4M | -495K | 3.01M | -17.33M | -856K | -723K | 3.19M | -16.01M | -2.91M | -3.59M | 3.87M | -15.62M | -2.33M | -1.39M |
| Other Non-Cash Items | -731K | 19.34M | -253K | -8.62M | 16.03M | 15.15M | -2.99M | -6.75M | 850K | 27.75M | 15K | -754K | -29.39M | 31.08M | 58.62M | 70.69M | 149K | 17.54M | 61.58M | -37K |
| Working Capital Changes | 5.66M | 3.43M | 22.71M | -21.35M | -8M | 12.77M | 19.16M | -49.29M | -2.7M | 13.81M | 2.47M | -34.37M | 37.51M | 18.44M | -11.57M | 3.14M | -20.69M | 60.31M | -69.6M | 48.79M |
| Change in Receivables | 36.29M | -24.78M | -4.43M | -7.18M | 32.3M | -33.18M | 3M | -2.66M | 31.12M | -32.2M | 367K | -28.13M | 38.01M | -36.1M | 54K | -10.51M | 34.29M | 5.37M | -54.55M | 52.28M |
| Change in Inventory | 3.4M | 9.45M | 3M | 497K | -2.38M | 5.28M | 1.18M | -5.52M | -7.82M | 1.02M | 2.19M | -1.88M | -3.43M | 6.72M | -9.99M | -5.61M | -3.84M | 429K | -1.4M | -2.91M |
| Change in Payables | 2.71M | 6.4M | -2.54M | -2.23M | 68K | -4.21M | -1.97M | 520K | 3.83M | 14.96M | -11.61M | 5.17M | -4.54M | 6.41M | 2.24M | -3.17M | 12.11M | 93K | -699K | -1.48M |
| Cash from Investing | -43.69M | -25.31M | -37.05M | -41.55M | -43.35M | -40.07M | -54.23M | -29.45M | -37.36M | -52.85M | -37.44M | -25.05M | -38.16M | -34.76M | -32.04M | -17.39M | -28.63M | -17.69M | -18.71M | -23.51M |
| Capital Expenditures | -43.69M | -25.16M | -36.68M | -41.55M | -42.82M | -39.85M | -54.37M | -29.64M | -37.34M | -52.73M | -37.44M | -24.91M | -37.96M | -34.6M | -31.88M | -17.43M | -29.23M | -17.91M | -18.43M | -23.51M |
| CapEx % of Revenue | 4.46% | 2.62% | 4.04% | 4.35% | 4.62% | 4.33% | 6.28% | 3.28% | 4.19% | 6.01% | 4.51% | 2.88% | 4.38% | 3.88% | 4.07% | 2.09% | 3.68% | 2.31% | 2.44% | 3.06% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | -150K | -369K | 0 | -537K | -216K | 148K | 192K | -19K | -116K | -2K | -138K | -200K | -156K | -161K | 46K | 600K | 222K | -283K | 168K |
| Cash from Financing | -32.39M | -23.96M | -12.21M | -2.28M | 15.66M | -21.52M | -14.21M | -17.74M | -25.32M | -22.91M | -38.94M | -36.13M | -25.56M | -46.69M | -40.74M | -25.17M | -11.04M | -17.52M | -681K | -104.91M |
| Debt Issued (Net) | 0 | -175.19M | 0 | -7K | 175.2M | -20M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -150M |
| Equity Issued (Net) | -18.16M | -11.17M | -1.23M | -131K | -141.36M | -763K | -1.1M | -3.87M | -12.5M | -9.82M | -14.56M | -9.32M | -12.38M | -21.64M | -26.68M | -10.88M | -3.94M | -525K | -681K | -603K |
| Dividends Paid | -14.23M | -12.78M | -12.6M | -14.32M | -12.48M | -13.24M | -13.11M | -13.87M | -12.82M | -13.08M | -13.13M | -13.82M | -13.18M | -13.92M | -14.06M | -14.29M | 0 | 0 | 0 | -16.82M |
| Share Repurchases | -18.4M | -11.17M | -1.23M | -131K | -141.36M | -763K | -1.1M | -3.87M | -12.5M | -9.82M | -14.56M | -9.32M | -12.38M | -21.64M | -26.68M | -10.88M | -3.94M | -525K | -681K | -444.35M |
| Other Financing | 0 | 175.19M | 1.63M | 12.18M | -5.69M | 12.47M | 0 | 0 | 0 | 0 | -11.25M | -12.99M | 0 | -11.13M | 1K | 0 | -7.1M | -17M | 0 | 62.51M |
| Net Change in Cash | 19.36M | 25.75M | 41.22M | 13.35M | 51.23M | 31.96M | 11.56M | -19.57M | 3.93M | -7.7M | -27.57M | -24.61M | 1.39M | -18.38M | -61.73M | 11.34M | -6.07M | 58.6M | -30.74M | -19.58M |
| Free Cash Flow | 52.18M | 50.12M | 53.56M | 15.29M | 36.1M | 53.93M | 25.66M | -1.94M | 29.41M | 15.12M | 11.59M | 11.57M | 27.07M | 28.43M | -20.5M | 36.57M | 4.28M | 75.94M | -29.7M | 85.29M |
| FCF Margin % | 5.33% | 5.21% | 5.9% | 1.6% | 3.89% | 5.86% | 2.97% | -0.21% | 3.3% | 1.72% | 1.4% | 1.34% | 3.13% | 3.18% | -2.61% | 4.39% | 0.54% | 9.78% | -3.94% | 11.09% |
| FCF Growth % | 44.54% | -7.07% | 108.69% | 887.18% | 22.75% | 256.65% | 121.39% | -116.79% | 8.64% | -46.8% | 156.55% | -68.36% | 532.55% | -62.57% | 30.99% | -57.12% | -69.29% | 225% | -392.11% | 618.41% |
| FCF per Share | 1.08 | 1.04 | 1.10 | 0.32 | 0.73 | 1.10 | 0.52 | -0.04 | 0.60 | 0.31 | 0.24 | 0.24 | 0.54 | 0.58 | -0.41 | 0.72 | 0.08 | 1.49 | -0.58 | 1.82 |
| FCF Conversion (FCF/Net Income) | 1.93x | 2.60x | 2.84x | 1.04x | 2.40x | 2.28x | 2.66x | 0.53x | 2.01x | 5.35x | 2.73x | 0.85x | 2.32x | -19.11x | -4.75x | 2.10x | 1.45x | 44.48x | -0.35x | 3.23x |
| Interest Paid | 6.35M | 300K | 6.2M | 716K | 1.47M | 2.96M | 2.59M | 3.19M | 4.16M | 3.38M | 1.08M | 3.12M | 2.18M | 2.53M | 1.98M | 1.59M | 1.14M | 1.84M | 865K | 5.14M |
| Taxes Paid | 1.1M | 15.11M | 2.3M | 4.58M | 788K | -15.97M | 4.85M | 10.45M | 677K | 7.41M | 1.89M | 4.48M | 693K | 1.08M | 3.88M | 9.26M | 465K | 3.9M | 4.25M | 4.55M |