Exact Sciences Corporation (EXAS) 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 | 151.69M | 219.92M | 89.02M | 30.81M | 47.06M | 138.72M | 107.06M | -82.31M | 69.55M | 24.36M | 100.42M | -38.22M | 52.04M | -40.93M | -60.92M | -173.75M | -24.57M | -40.77M | 40.34M | -77.23M |
| Operating CF Margin % | 17.27% | 25.85% | 10.98% | 4.36% | 6.6% | 19.57% | 15.31% | -12.91% | 10.75% | 3.88% | 16.14% | -6.34% | 9.41% | -7.82% | -11.68% | -35.71% | -5.19% | -8.93% | 9.28% | -19.21% |
| Operating CF Growth % | 222.31% | 58.54% | -16.86% | 137.43% | -32.33% | 469.43% | 6.61% | -115.39% | 33.65% | 159.52% | 264.86% | 78.01% | 311.77% | -0.37% | -251.02% | -124.99% | -122.06% | -149.86% | 687.15% | -54.99% |
| Net Income | -207.95M | -19.59M | -1.19M | -101.22M | -864.59M | -38.24M | -15.81M | -110.23M | -49.77M | 794K | -81.03M | -74.15M | -127.75M | -148.76M | -166.06M | -180.94M | -220.61M | -166.94M | -176.91M | -31.16M |
| Depreciation & Amortization | 0 | 55.88M | 55.28M | 54.06M | 53.15M | 54.77M | 53M | 53.94M | 54.17M | 52.25M | 50.44M | 49.74M | 49.48M | 48.57M | 51.86M | 47.65M | 52.6M | 46.2M | 45.32M | 43.7M |
| Stock-Based Compensation | 0 | 51.62M | 55.78M | 54.62M | 49.2M | 48.76M | 56.55M | 60.37M | 58.58M | 61.87M | 61.73M | 49.14M | 45.92M | 49.53M | 58.93M | 52.44M | 0 | 63.6M | 56.28M | 77.29M |
| Deferred Taxes | 0 | 501K | -6K | -1.01M | -11.95M | -398K | 428K | 1.8M | -676K | -951K | -589K | 1.26M | -2.56M | -4.41M | -3.03M | -1.91M | -4.45M | -4.21M | -1.38M | -243.13M |
| Other Non-Cash Items | 359.64M | 11.3M | 13.5M | 26.19M | 842.72M | 29.4M | -16.35M | 20.02M | -19.41M | -65.03M | 15.46M | -7.36M | 18.58M | 33.82M | -3.57M | -14.99M | 54.03M | 36.53M | 46.14M | 113.74M |
| Working Capital Changes | 0 | 120.21M | -34.35M | -1.84M | -21.47M | 44.43M | 29.24M | -108.21M | 26.66M | -24.57M | 54.42M | -56.84M | 68.36M | -19.68M | 953K | -76M | 93.86M | -15.96M | 70.88M | -37.67M |
| Change in Receivables | 0 | 46.85M | -73.01M | -30.07M | 15.15M | -509K | -23.36M | -37.54M | -3.11M | -19.81M | 4.94M | -25.43M | 33.12M | -2.66M | 19.61M | 11.02M | 39.19M | -23.03M | 31.95M | -22.95M |
| Change in Inventory | 0 | 6.71M | 5.11M | -14.18M | -25.39M | -9.61M | 1.16M | -1.06M | 5.38M | -543K | -6.7M | -5.83M | -3.53M | 473K | -2.21M | -7.96M | -8.13M | -5.36M | 1.03M | 3.23M |
| Change in Payables | 0 | 67.14M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 105.46M | 0 | 0 | 0 |
| Cash from Investing | 91.12M | -86.45M | 224.9M | -34.44M | -41.87M | -81.72M | -147.13M | -171.44M | -66.77M | -32.97M | 66.47M | 82.94M | -58.16M | 65M | 21.66M | 45.56M | 78.44M | -49.24M | -793.77M | -317.51M |
| Capital Expenditures | -31.24M | -29.9M | -42.34M | -31.17M | -36.32M | -26.16M | -35.87M | -37.65M | -34.92M | -25.19M | -34.72M | -29.36M | -72.88M | -44.64M | -63.33M | -33.62M | -1.32M | -38.87M | -24.58M | -12.92M |
| CapEx % of Revenue | 3.56% | 3.51% | 5.22% | 4.41% | 5.09% | 3.69% | 5.13% | 5.91% | 5.4% | 4.01% | 5.58% | 4.87% | 13.18% | 8.53% | 12.14% | 6.91% | 0.28% | 8.52% | 5.65% | 3.21% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -237K | -21.98M | -40.82M | -5.73M | -442K | -31.37M | -160K | -24.81M | -1.17M | -142.25M | -3.56M | -72.3M | -353.25M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 122.36M | 152K | 28.62M | -505K | 0 | -45.02M | 237K | -205K | 0 | -8.93M | 5.67M | 0 | -500K | 25M | -42K | -7K | -500K | 0 | -33.18M | -25.14M |
| Cash from Financing | -75.87M | -1.53M | -4.51M | -256.17M | 10.5M | -226K | 224.6M | -3M | 10.04M | 92K | 16.04M | 133.6M | 10.1M | 235K | 63.41M | 2.73M | -12.2M | 81K | 13.34M | 7.25M |
| Debt Issued (Net) | 0 | 0 | 0 | -249.17M | 0 | 0 | 216.75M | 0 | 0 | 0 | 0 | 137.98M | 0 | 0 | 50M | 0 | -23.75M | 0 | 0 | 0 |
| Equity Issued (Net) | 0 | 209K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -75.87M | -1.74M | -4.51M | -7M | 10.5M | -226K | 7.85M | -3M | 10.04M | 92K | 16.04M | -4.38M | 10.1M | 235K | 13.41M | 2.73M | -544K | 81K | 13.34M | 7.25M |
| Net Change in Cash | 166.96M | 131.94M | 309.97M | -259.51M | 11.97M | 58.65M | 184.23M | -257.89M | 14.77M | -9.75M | 183M | 178.87M | 7.19M | 21.89M | 23.64M | -125.69M | 41.69M | -89.94M | -740.09M | -387.49M |
| Free Cash Flow | 120.45M | 190.03M | 46.67M | -365K | 10.75M | 112.56M | 71.2M | -119.96M | 34.63M | -826K | 65.7M | -67.58M | -20.84M | -85.56M | -124.24M | -207.38M | -25.89M | -79.64M | 15.75M | -90.15M |
| FCF Margin % | 13.71% | 22.34% | 5.75% | -0.05% | 1.51% | 15.88% | 10.18% | -18.82% | 5.35% | -0.13% | 10.56% | -11.22% | -3.77% | -16.36% | -23.82% | -42.62% | -5.46% | -17.45% | 3.62% | -22.42% |
| FCF Growth % | 1020.74% | 68.82% | -34.44% | 99.7% | -68.96% | 13727.24% | 8.36% | -77.52% | 266.16% | 99.03% | 152.88% | 67.41% | 19.51% | -7.43% | -888.69% | -130.04% | -127.3% | -218.08% | 156.99% | -44.21% |
| FCF per Share | 0.63 | 1.00 | 0.25 | -0.00 | 0.06 | 0.61 | 0.39 | -0.66 | 0.19 | -0.00 | 0.36 | -0.38 | -0.12 | -0.48 | -0.70 | -1.19 | -0.15 | -0.46 | 0.09 | -0.53 |
| FCF Conversion (FCF/Net Income) | -1.76x | -11.22x | -75.12x | -0.30x | -0.05x | -3.63x | -6.77x | 0.75x | -1.40x | 30.68x | -1.24x | 0.52x | -0.41x | 0.28x | 0.37x | 0.96x | 0.11x | 0.24x | -0.23x | 2.48x |
| Interest Paid | 0 | 0 | 6.16M | 9.47M | 6.73M | 9.14M | 1.18M | 10.79M | 600K | 10.79M | 943K | 6.44M | 765K | 5.62M | 0 | 5.13M | 0 | 5.27M | 140K | 5.27M |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |