Cohen & Company Inc. (COHN) 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 | -31.21M | -2.06M | 22.43M | 13.35M | -6.37M | 4.43M | 177.1M | -4.21M | 5.14M | 26.2M | -510K | -7.96M | -27.71M | -27.73M | -1.39M | -8.71M | 14.35M | 21.29M | 20.75M | 4.43M |
| Operating CF Margin % | -53.9% | -2% | 26.63% | 22.3% | -22.17% | 23.91% | 558.77% | -38.96% | 27.67% | 76.03% | -2.98% | -35.26% | -314.02% | -222.77% | -5.94% | -95.14% | -2104.11% | 78.73% | 315.22% | 43.98% |
| Operating CF Growth % | -389.77% | -146.38% | -87.34% | 417.33% | -224.04% | -83.08% | 34826.08% | 47.13% | 118.54% | 194.47% | 63.41% | 8.62% | -293.09% | -230.27% | -106.72% | -296.72% | 150.98% | 128.83% | 122.09% | -96.94% |
| Net Income | 1.49M | 25.78M | 8.79M | 4.63M | 938K | -6.88M | 2.15M | -13.58M | 23.51M | 4.55M | -5.74M | -692K | -10.05M | -11.61M | 359K | -12.25M | -35.17M | 26.32M | -17.74M | -3.19M |
| Depreciation & Amortization | 203K | 197K | 183K | 172K | 172K | 163K | 144K | 125K | 124K | 130K | 140K | 149K | 144K | 143K | 139K | 143K | 132K | 113K | 90K | 87K |
| Stock-Based Compensation | 1.29M | 16.93M | 1.08M | 1.05M | 1.16M | 1.21M | 1.15M | 1.16M | 1.15M | 1.12M | 1.08M | 1.11M | 1.09M | 1.13M | 1.08M | 1.08M | 1.1M | 976K | 574K | 527K |
| Deferred Taxes | 0 | -2.79M | 436K | 398K | 85K | -572K | -55K | 9K | -59K | 155K | -1.4M | 6.21M | 389K | 1.24M | 1.98M | -102K | 1.46M | -1.75M | -880K | -57K |
| Other Non-Cash Items | -19.98M | -69.26M | 39.56M | -20M | -9.24M | 32K | -4.48M | 10.99M | -18.14M | -15.89M | 620K | -11.01M | 2.65M | 2.76M | 1.02M | 10.12M | 30.85M | -17.49M | 18.33M | 6.83M |
| Working Capital Changes | -14.22M | 27.09M | -27.62M | 27.11M | 517K | 10.47M | 178.19M | -2.9M | -1.44M | 36.15M | 4.79M | -3.73M | -21.93M | -21.39M | -5.97M | -7.7M | 15.97M | 13.12M | 20.38M | 230K |
| Change in Receivables | -6.14M | 56.86M | 125.54M | -120.6M | -4.94M | -119.92M | 136.03M | 149.42M | -285.44M | 10.3M | -2.57M | -7.91M | 58.77M | 273.18M | 1.08B | 400.03M | 979.85M | 3.78B | -919.37M | 1.27B |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 693K | 632K | -58.77M | -273.18M | -1.08B | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 26.07M | 32M | -7.63M | 1.87M | 5.79M | 12.41M | 38.08M | -1.84M | 38K | -95.74M | -2.97M | -82.4M | -4.36M | -17.42M | -5.32M | -12.96M | 23.93M | -26.26M | 9.37M | 9.96M |
| Cash from Investing | 2.52M | 13.38M | 7.61M | 1.03M | 4.19M | 5.72M | -167.99M | 9.31M | -2.86M | -20.11M | 5.7M | 20.14M | 2.71M | 10.62M | 550K | 2.77M | -149K | -17.63M | -15.16M | -704K |
| Capital Expenditures | -328K | -431K | -253K | -413K | -157K | -460K | -315K | -375K | -99K | -73K | -82K | -122K | -96K | -91K | -89K | -95K | -298K | -349K | -360K | -129K |
| CapEx % of Revenue | 0.57% | 0.42% | 0.3% | 0.69% | 0.55% | 2.48% | 0.99% | 3.47% | 0.53% | 0.21% | 0.48% | 0.54% | 1.09% | 0.73% | 0.38% | 1.04% | -43.7% | 1.29% | 5.47% | 1.28% |
| Acquisitions | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Investments | 176.82M | 177.06M | 154.8M | 172.92M | 159.62M | 180.23M | 140.95M | 168.92M | 245.87M | 244.16M | 242.56M | 258.45M | 229.49M | 240.97M | 317.83M | 247.47M | 293.12M | 309.78M | 258M | 335.84M |
| Other Investing | 15.07M | 2.8M | -2.21M | 4K | 875K | 48K | -156.57M | 852K | 5K | 61.09M | 2K | 2K | 1K | 2K | 10K | 65K | 149K | 37.17M | -50K | 50K |
| Cash from Financing | -8.92M | -9.59M | -1.27M | -2.81M | -3.63M | -4.48M | -4.56M | -7.34M | -999K | -9.03M | -3.86M | -3.66M | -556K | -1.31M | -1.71M | -6.3M | -2.18M | 5.16M | 7.98M | 5.17M |
| Debt Issued (Net) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Equity Issued (Net) | 614K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1K | 6.22M | 2.67M |
| Dividends Paid | -4.16M | -436K | -434K | -878K | -383K | -408K | -408K | -812K | -245K | -381K | -385K | -769K | -215K | -357K | -358K | -1.79M | -54K | -332K | -332K | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1K | -187K | -7K |
| Other Financing | -874K | -11.72M | 1.73M | -1.93M | -3.25M | -4.07M | -1.58M | -6.53M | -754K | -8.64M | -3.48M | -2.9M | -341K | -950K | -1.35M | -4.51M | -2.13M | 5.49M | 4.49M | 2.51M |
| Net Change in Cash | -37.77M | 2.07M | 28.69M | 12.01M | -5.61M | 5.3M | 4.71M | -2.25M | 1.18M | -2.7M | 1.18M | 8.53M | -25.46M | -18.19M | -2.78M | -12.44M | 11.94M | 8.74M | 13.43M | 8.93M |
| Free Cash Flow | -31.54M | -2.49M | 22.18M | 12.94M | -6.53M | 3.97M | 176.79M | -4.58M | 5.04M | 26.13M | -592K | -8.08M | -27.8M | -27.83M | -1.48M | -8.8M | 14.05M | 20.94M | 20.39M | 4.3M |
| FCF Margin % | -54.46% | -2.42% | 26.33% | 21.61% | -22.72% | 21.43% | 557.78% | -42.43% | 27.14% | 75.82% | -3.46% | -35.8% | -315.11% | -223.5% | -6.32% | -96.18% | -2060.41% | 77.44% | 309.75% | 42.7% |
| FCF Growth % | -383.01% | -162.6% | -87.46% | 382.34% | -229.6% | -84.79% | 29962.84% | 43.29% | 118.12% | 193.9% | 60.08% | 8.22% | -297.87% | -232.88% | -107.27% | -304.84% | 149.58% | 128.33% | 121.7% | -97.03% |
| FCF per Share | -5.17 | -0.41 | 3.68 | 2.19 | -1.12 | 0.69 | 30.53 | -0.81 | 0.89 | 17.07 | -0.11 | -5.32 | -5.07 | -19.47 | -1.04 | -6.16 | 10.07 | 13.62 | 13.26 | 2.79 |
| FCF Conversion (FCF/Net Income) | -20.92x | -0.25x | 4.88x | 9.48x | -19.37x | -2.27x | 82.37x | 1.79x | 2.54x | 5.76x | 1.21x | 1.21x | 10.51x | 9.24x | 1.52x | 4.69x | -1.89x | 5.86x | -6.05x | 2.57x |
| Interest Paid | 0 | 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 |