European Wax Center, Inc. (EWCZ) 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 | 618K | 7.79M | 17.3M | 15.2M | 12.71M | 16.56M | 14.82M | 14.41M | 10.72M | 16.75M | 17.64M | 17.04M | 4.18M | 16.41M | 10.34M | 12.13M | 5.47M | 19.12M | 14.37M | 9.85M |
| Operating CF Margin % | 1.21% | 17.27% | 31.94% | 27.18% | 24.71% | 33.28% | 26.73% | 24.06% | 20.67% | 29.73% | 31.65% | 28.84% | 8.38% | 30.65% | 18.79% | 22.74% | 12.05% | 42.38% | 29.32% | 20.56% |
| Operating CF Growth % | -95.14% | -52.94% | 16.77% | 5.48% | 18.49% | -1.13% | -15.97% | -15.45% | 156.49% | 2.07% | 70.54% | 40.41% | -23.61% | -14.18% | -28.03% | 23.24% | 375.44% | 145.88% | - | - |
| Net Income | 1.61M | -1.46M | 5.37M | 5.39M | 2.57M | 3.07M | 2.03M | 5.92M | 3.65M | 3.61M | 3.97M | 4.07M | -508K | 2.27M | 5.29M | 1.26M | 1.89M | 2.12M | -9.27M | 7.73M |
| Depreciation & Amortization | 5.4M | 5.38M | 5.04M | 5M | 4.98M | 5.03M | 5.07M | 5.08M | 5.09M | 5.02M | 5.32M | 5.04M | 6.38M | 5.06M | 5.06M | 5.05M | 5.06M | 5.07M | 4.85M | 5.27M |
| Stock-Based Compensation | 1.88M | 1.17M | 423K | 2.38M | 2.56M | 945K | 882K | 1.94M | 1.38M | 1.5M | 1.73M | 0 | 5.93M | 1.58M | 2.12M | 0 | 0 | 0 | 7.39M | 259K |
| Deferred Taxes | 803K | -728K | 1.88M | 1.94M | 1.28M | 3.63M | 1.1M | 1.9M | 1.1M | 2.04M | 1.64M | 2.65M | 0 | 2.21M | -516K | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -9.08M | 1.55M | 1.5M | 1.48M | 1.54M | 1.88M | 1.72M | 1.46M | 1.27M | 1.42M | 1.37M | 3.93M | -3.35M | 1.37M | 1.4M | 5.79M | 6.15M | 6.11M | 7.1M | 651K |
| Working Capital Changes | 0 | 1.89M | 3.09M | -997K | -231K | 2M | 4.01M | -1.9M | -1.79M | 3.15M | 3.6M | 1.34M | -4.27M | 3.92M | -3M | 36K | -7.62M | 5.82M | 4.3M | -4.06M |
| Change in Receivables | -1.79M | -3.91M | 1.68M | -855K | -600K | -375K | 2.67M | -2M | 1.03M | -2.51M | 2.26M | -1.81M | -639K | -665K | 3.54M | -2.4M | -1.27M | 1.39M | 3.13M | 1.49M |
| Change in Inventory | -917K | -2.09M | 3.45M | -476K | 478K | 1.22M | 1.45M | 291K | -1.54M | 994K | 1.82M | 1.72M | -2.23M | 110K | -207K | -1.89M | -1.55M | -795K | 855K | -5.15M |
| Change in Payables | -3.52M | 7.57M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 803K | 0 | 0 | 0 | 3.54M | -4.51M | 4.04M | 0 | 0 |
| Cash from Investing | -1.71M | -739K | -810K | -703K | -660K | -245K | -61K | -185K | 105K | -11K | -151K | -265K | -358K | -102K | -61K | 221K | -303K | -195K | -91K | -3.42M |
| Capital Expenditures | -1.71M | -739K | -810K | -703K | -660K | -245K | -61K | -185K | -30K | -11K | -151K | -265K | -358K | -102K | -61K | 221K | -303K | -195K | -41K | -99K |
| CapEx % of Revenue | 3.34% | 1.64% | 1.49% | 1.26% | 1.28% | 0.49% | 0.11% | 0.31% | 0.06% | 0.02% | 0.27% | 0.45% | 0.72% | 0.19% | 0.11% | 0.41% | 0.67% | 0.43% | 0.08% | 0.21% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 135K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -50K | -3.32M |
| Cash from Financing | -3.24M | -4.59M | -6.8M | -8.94M | -3.46M | -14.62M | -22.4M | -18.94M | -3.19M | -28.01M | -8.37M | -7.87M | -2.14M | -13.66M | -4.19M | -14.5M | -4.27M | -987K | -24.15M | 119K |
| Debt Issued (Net) | 0 | -1M | -1M | -1M | -1M | -1M | -1M | -1M | -1M | -1M | -1M | -1M | -1M | -1M | -1M | 193.03M | -1.13M | -2.45M | -89.97M | -607K |
| Equity Issued (Net) | 0 | 0 | -4.64M | -383K | -1.06M | -10M | -20.15M | -10M | 0 | -23.55M | -5.55M | -819K | -126K | -10.08M | 0 | 0 | -870K | -915K | 75.49M | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | -10K | -32K | -32K | -38K | -687K | -62K | -172K | -1.88M | -735K | -133K | -141K | -202.7M | -2.27M | -72K | 0 | 0 |
| Share Repurchases | 0 | 0 | -4.64M | -383K | -1.06M | -10M | -20.15M | -10M | 0 | -23.55M | -5.55M | -819K | -126K | -10.08M | 0 | 870K | -870K | -67.9M | -70.47M | 0 |
| Other Financing | -3.24M | -3.6M | -1.16M | -7.56M | -1.39M | -3.59M | -1.23M | -7.91M | -1.5M | -3.4M | -1.65M | -4.17M | -276K | -2.45M | -3.04M | -4.84M | 0 | 2.45M | -9.67M | 726K |
| Net Change in Cash | -4.33M | 2.46M | 9.69M | 5.55M | 8.59M | 1.69M | -7.64M | -4.72M | 7.64M | -11.28M | 9.12M | 8.91M | 1.69M | 2.64M | 6.09M | -2.15M | 903K | 17.93M | -9.87M | 6.55M |
| Free Cash Flow | -1.09M | 7.05M | 16.49M | 14.49M | 12.05M | 16.31M | 14.76M | 14.22M | 10.69M | 16.73M | 17.48M | 16.77M | 3.82M | 16.3M | 10.28M | 12.36M | 5.17M | 18.92M | 14.28M | 6.43M |
| FCF Margin % | -2.13% | 15.64% | 30.44% | 25.92% | 23.43% | 32.79% | 26.62% | 23.75% | 20.62% | 29.71% | 31.38% | 28.39% | 7.66% | 30.46% | 18.68% | 23.16% | 11.38% | 41.95% | 29.13% | 13.42% |
| FCF Growth % | -109.06% | -56.77% | 11.76% | 1.91% | 12.65% | -2.53% | -15.6% | -15.21% | 179.73% | 2.64% | 70.09% | 35.76% | -26.05% | -13.84% | -28% | 92.19% | 179.71% | 127.73% | - | - |
| FCF per Share | -0.02 | 0.16 | 0.38 | 0.33 | 0.28 | 0.38 | 0.32 | 0.29 | 0.22 | 0.33 | 0.35 | 0.33 | 0.06 | 0.37 | 0.25 | 0.32 | 0.14 | 0.51 | 0.46 | 0.21 |
| FCF Conversion (FCF/Net Income) | 0.64x | -13.27x | 4.58x | 4.05x | 7.32x | 8.41x | 10.01x | 3.35x | 3.88x | 6.89x | 6.12x | 4.25x | -8.23x | 24.56x | 2.94x | 12.54x | 2.90x | 9.03x | -3.56x | 1.27x |
| Interest Paid | 0 | 0 | 5.41M | 5.42M | 5.44M | 5.45M | 5.47M | 5.49M | 5.49M | 5.62M | 5.52M | 0 | 5.56M | 5.57M | 9.84M | 0 | 0 | 0 | 3.4M | 4.17M |
| Taxes Paid | 0 | 0 | 20K | 297K | 143K | 0 | 54K | 404K | 40K | 227K | 120K | 0 | 0 | 73K | 70K | 0 | 0 | 0 | 0 | 0 |