CGI Inc. (GIB) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q2'26 | 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 |
|---|
| Cash from Operations | 452.25M | 871.21M | 663.01M | 486.61M | 438.15M | 646.42M | 629.06M | 496.73M | 502.02M | 577.17M | 628.73M | 409.11M | 469.13M | 605.27M | 488.86M | 419.18M | 472.63M | 484.32M | 526.93M | 418.9M |
| Operating CF Margin % | 10.85% | 21.38% | 16.52% | 11.9% | 10.89% | 17.08% | 17.19% | 13.53% | 13.42% | 16.02% | 17.93% | 11.29% | 12.63% | 17.7% | 15.2% | 12.87% | 14.48% | 15.54% | 17.54% | 13.88% |
| Operating CF Growth % | 3.22% | 34.77% | 5.4% | -2.04% | -12.72% | 12% | 0.05% | 21.42% | 7.01% | -4.64% | 28.61% | -2.4% | -0.74% | 24.97% | -7.23% | 0.07% | -17.46% | -18.94% | 7.1% | -28.37% |
| Net Income | 445.87M | 441.64M | 381.36M | 408.61M | 429.74M | 438.58M | 435.92M | 440.12M | 426.87M | 389.8M | 414.48M | 414.98M | 419.42M | 382.38M | 362.36M | 364.34M | 371.99M | 367.45M | 345.93M | 338.47M |
| Depreciation & Amortization | 165.79M | 148.63M | 42.35M | 172.84M | 147.41M | 141.52M | 33.37M | 131.53M | 149.07M | 133.21M | 138.1M | 126.27M | 131.02M | 124.26M | 121.02M | 116.58M | 118.77M | 118.25M | 127.62M | 125.79M |
| Stock-Based Compensation | 0 | 0 | 14.58M | 14.02M | 15.76M | 24.28M | 17.24M | 18.92M | 12.92M | 18.76M | 12.48M | 12.54M | 16.93M | 16.26M | 12.4M | 11.58M | 9.97M | 15.04M | 10.53M | 11.49M |
| Deferred Taxes | -1.6M | 23.51M | 10.45M | 8.39M | -21.21M | 2.99M | -57.02M | -27.24M | -47.77M | -14.07M | -16.99M | -27.84M | -42.46M | -22.2M | -2.25M | 4.22M | -2.19M | -7.27M | 12.36M | 3.35M |
| Other Non-Cash Items | 18.18M | 16.7M | 118.57M | 11.68M | -151K | -8.53M | 84.89M | -4.83M | 2.56M | -4.26M | -229K | 1.19M | -951K | -3.84M | 2.33M | -3.73M | -3.53M | -1.44M | 728K | 5.18M |
| Working Capital Changes | -175.99M | 240.74M | 95.7M | -128.94M | -133.38M | 47.59M | 114.67M | -61.79M | -41.62M | 53.73M | 80.9M | -118.03M | -54.83M | 108.42M | -6.99M | -73.81M | -22.38M | -7.71M | 29.76M | -65.39M |
| Change in Receivables | -187.92M | 266.52M | 16.02M | -49.05M | 105.17M | 7.97M | 129.34M | -46.55M | 127.66M | -104.09M | 86.73M | -58.36M | 91.97M | -151.46M | 61.04M | -53.77M | 79.55M | -120.51M | -34.22M | -66.86M |
| Change in Inventory | 0 | 0 | 33.72M | -75.72M | -120.52M | 99.14M | 14.93M | 37.43M | -185.06M | 123.7M | 99.21M | -15.01M | -169.23M | 161.59M | -22.88M | -1.88M | -181.34M | 89.83M | 1.18M | -10.86M |
| Change in Payables | 10.9M | -6.16M | 0 | 27.01M | -52M | -80M | 0 | -9.55M | -26.3M | -626K | 0 | 0 | -122.17M | 10.13M | 0 | 0 | 0 | 0 | 35.42M | 67.68M |
| Cash from Investing | -115.78M | -198.9M | -321.82M | -109.75M | -1.65B | -114.37M | -565.19M | 26.85M | -88.21M | -148.83M | -93M | -178.81M | -99.07M | -190.97M | -87.11M | -493.78M | -125.25M | -205.81M | -80.11M | -150.7M |
| Capital Expenditures | -104.78M | -86.43M | -27.75M | -36.06M | -26.81M | -26M | -23.39M | -27.88M | -29.97M | -28.5M | -34.45M | -37.6M | -46.45M | -41.27M | -38.24M | -42.31M | -32.99M | -42.59M | -60.63M | -69.64M |
| CapEx % of Revenue | 2.51% | 2.12% | 0.69% | 0.88% | 0.67% | 0.69% | 0.64% | 0.76% | 0.8% | 0.79% | 0.98% | 1.04% | 1.25% | 1.21% | 1.19% | 1.3% | 1.01% | 1.37% | 2.02% | 2.31% |
| Acquisitions | -8.28M | -105.62M | -249.67M | -1.84M | -1.56B | -30.04M | -330.16M | -764K | 0 | -49.39M | 0 | -9.04M | 0 | -4M | 496K | -414.39M | -36.35M | -121.67M | -4.5M | -65.83M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | -52.76M | -69.03M | -64.32M | -54.51M | -50.53M | -61.36M | -70.74M | -55.09M | -70.8M | -62.2M | -58.62M | -73.51M | -64.74M | -55.74M | -55.91M | -41.72M | -15.2M | -14.95M |
| Cash from Financing | -197.84M | -880.63M | -615.71M | 71.46M | 115.35M | 182.23M | 31.59M | -519.37M | -373.98M | -745.9M | -603.61M | -113.61M | -366.03M | -109.13M | -315M | -157.36M | -390.83M | -727.92M | -30.04M | -333.27M |
| Debt Issued (Net) | 0 | -13.89M | -97.13M | -46.67M | 883.92M | -41.62M | 80.72M | -41.13M | -50.09M | -706.21M | -114.03M | -42.24M | -45.59M | -94.54M | -112.66M | -67.45M | -40.66M | -447.92M | -32.55M | -36.37M |
| Equity Issued (Net) | -391.24M | -580.39M | -482.56M | -273.3M | -320M | -149.99M | -31.33M | -492.44M | -235.16M | -166.15M | -312.14M | -35.57M | -372.81M | -53.64M | -121.15M | -104.63M | -390.17M | -326.06M | 9.5M | -296.91M |
| Dividends Paid | -36.33M | -36.97M | -33.28M | -33.58M | -34.06M | -34.13M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -397.91M | -595.29M | -490.76M | -286.19M | -344.63M | -166.27M | -49.37M | -499.28M | -259.98M | -192.98M | -324.67M | -53.06M | -400M | -84.75M | -132.92M | -113.55M | -400M | -337.22M | 0 | -319.7M |
| Other Financing | 229.73M | -249.38M | -2.73M | 425.01M | -414.52M | 407.97M | -17.8M | 14.21M | -88.72M | 126.47M | -177.44M | -35.8M | 52.37M | 39.06M | -81.19M | 14.71M | 40M | 46.06M | -6.99M | 0 |
| Net Change in Cash | -139.08M | -15.72M | -261.48M | 455.64M | -1.09B | 774.39M | 106.16M | 20.91M | 59.87M | -330.29M | -67.77M | 82.16M | 13.85M | 338.66M | 115.91M | -243.44M | -88.56M | -468.45M | 432.25M | -72.84M |
| Free Cash Flow | 420.51M | 846.51M | 601.67M | 410.92M | 366.2M | 585.51M | 572.62M | 428.28M | 426.73M | 513.72M | 546.31M | 333.84M | 392.47M | 532.66M | 409.87M | 337.15M | 407.98M | 416.24M | 466.31M | 349.27M |
| FCF Margin % | 10.09% | 20.77% | 14.99% | 10.05% | 9.1% | 15.47% | 15.64% | 11.66% | 11.41% | 14.26% | 15.58% | 9.21% | 10.56% | 15.58% | 12.74% | 10.35% | 12.5% | 13.36% | 15.52% | 11.57% |
| FCF Growth % | 14.83% | 44.58% | 5.07% | -4.05% | -14.18% | 13.97% | 4.81% | 28.29% | 8.73% | -3.56% | 33.29% | -0.98% | -3.8% | 27.97% | -12.1% | -3.47% | -19.82% | -25.1% | 8.17% | -33.28% |
| FCF per Share | 1.97 | 3.89 | 2.71 | 1.83 | 1.60 | 2.57 | 2.49 | 1.86 | 1.83 | 2.20 | 2.32 | 1.41 | 1.65 | 2.22 | 1.70 | 1.40 | 1.67 | 1.69 | 1.90 | 1.40 |
| FCF Conversion (FCF/Net Income) | 1.01x | 1.97x | 1.74x | 1.19x | 1.02x | 1.47x | 1.44x | 1.13x | 1.18x | 1.48x | 1.52x | 0.99x | 1.12x | 1.60x | 1.36x | 1.15x | 1.27x | 1.31x | 1.53x | 1.24x |
| Interest Paid | 0 | 0 | 67.75M | 9.8M | 30.94M | 7.78M | 36.54M | 9.59M | 37.38M | 18.66M | 102.05M | 0 | 47.53M | 16.23M | 55.45M | 11.02M | 33.31M | 15.63M | 0 | 21.62M |
| Taxes Paid | 0 | 0 | 138.99M | 198.98M | 157.34M | 108.05M | 191.08M | 184.37M | 239.62M | 125.25M | 146.7M | 133.53M | 131.89M | 68.48M | 127.45M | 122.11M | 142.3M | 43.69M | 0 | 86.22M |