Global Industrial Company (GIC) 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 | 4.7M | 20M | 22.7M | 31.7M | 3.4M | 15.9M | 9.6M | 18.8M | 6.4M | 8.3M | 38.4M | 37M | 28.3M | 26.8M | 25.5M | 12M | -14.1M | -1.1M | 18.6M | 11.4M |
| Operating CF Margin % | 1.34% | 5.79% | 6.42% | 8.83% | 1.06% | 5.26% | 2.8% | 5.41% | 1.98% | 2.59% | 10.83% | 11.36% | 10.34% | 10.29% | 8.54% | 3.77% | -4.89% | -0.42% | 6.71% | 4.18% |
| Operating CF Growth % | 38.24% | 25.79% | 136.46% | 68.62% | -46.88% | 91.57% | -75% | -49.19% | -77.39% | -69.03% | 50.59% | 208.33% | 300.71% | 2536.36% | 37.1% | 5.26% | -167.46% | -104.26% | -33.57% | 1325% |
| Net Income | 15.3M | 14.6M | 18.8M | 25.1M | 13.5M | 10.6M | 16.8M | 20.2M | 13.1M | 15.2M | 20.7M | 21.5M | 13.3M | 13.4M | 20.2M | 22.6M | 21.8M | 20.3M | 23.2M | 21.1M |
| Depreciation & Amortization | 1.9M | 1.9M | 2M | 1.9M | 1.9M | 1.8M | 2M | 1.9M | 1.9M | 1.9M | 1.9M | 1.5M | 1.1M | 1.1M | 1M | 900K | 900K | 900K | 900K | 900K |
| Stock-Based Compensation | 1.4M | 1.5M | 2.2M | 1.9M | 1.8M | 1.7M | 500K | -400K | 1M | 900K | 900K | 600K | 600K | 1.1M | 0 | 1.4M | 1M | 900K | 600K | 1M |
| Deferred Taxes | 200K | 600K | 300K | -400K | 100K | -400K | 0 | -400K | 300K | 2.1M | -200K | 0 | 100K | 600K | -300K | -300K | 0 | -800K | 300K | -3.2M |
| Other Non-Cash Items | -14.1M | 200K | 200K | -100K | 700K | 300K | 0 | 1.3M | 800K | 800K | 1.2M | 900K | 300K | 200K | 1.8M | 600K | 400K | -8.4M | 400K | 600K |
| Working Capital Changes | 0 | 1.2M | -800K | 3.3M | -14.6M | 1.9M | -9.7M | -3.8M | -10.7M | -12.6M | 13.9M | 12.5M | 12.9M | 10.4M | 2.8M | -13.2M | -38.2M | -14M | -6.8M | -9M |
| Change in Receivables | 0 | 9.6M | 7.4M | -12.2M | -17.1M | 13.1M | 2.7M | -10.1M | -4.1M | 11.9M | 2.4M | -10.7M | -6.2M | 19.8M | 6.4M | -16.9M | -12.6M | 11.7M | -9.1M | -7.2M |
| Change in Inventory | 0 | 200K | -3.7M | 8.5M | -11.4M | -2.4M | 7.7M | -10.2M | -12.2M | -2.5M | 10.2M | 12.3M | 13.3M | 10.1M | 15.9M | -1.6M | -31.4M | -31.4M | -10.2M | 3.5M |
| Change in Payables | 0 | -3.4M | -2.9M | -800K | 8.8M | -6.2M | -13M | 13.9M | 1.3M | -14.9M | 7.2M | 2.2M | 6.7M | -16.4M | -15.1M | 5.9M | 8.6M | 8.4M | 4.7M | -10.7M |
| Cash from Investing | -800K | -800K | -700K | -5.4M | -200K | -700K | -900K | -900K | -1.3M | -600K | -1.9M | -73M | -700K | -2.2M | -2.8M | -1M | -1.1M | 0 | -1.3M | -1.2M |
| Capital Expenditures | -800K | -800K | -700K | -1.4M | -200K | -700K | -900K | -900K | -1.3M | -600K | -1.9M | -700K | -700K | -2.5M | -2.8M | -1M | -1.1M | 0 | -1.3M | -1.2M |
| CapEx % of Revenue | 0.23% | 0.23% | 0.2% | 0.39% | 0.06% | 0.23% | 0.26% | 0.26% | 0.4% | 0.19% | 0.54% | 0.21% | 0.26% | 0.96% | 0.94% | 0.31% | 0.38% | - | 0.47% | 0.44% |
| Acquisitions | 0 | 0 | 0 | -4M | 0 | 0 | 0 | 0 | 0 | 72.3M | 0 | -72.3M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -72.3M | 0 | 0 | 0 | 300K | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | -11.3M | -18.8M | -9.8M | -10.1M | -8.8M | -9.6M | -8.6M | -8.9M | -9.6M | -7.4M | -47.2M | 32.8M | -7.9M | -16.1M | -26.1M | -1.9M | 14.4M | -38.8M | -4.7M | -6M |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -40.3M | 40.3M | -600K | -9.4M | -20M | 5M | 20.5M | 4.5M | 0 | 0 |
| Equity Issued (Net) | 0 | -8.6M | 1M | -100K | 1.2M | 0 | 400K | 700K | 700K | 200K | 100K | 200K | 100K | 100K | 800K | 0 | -400K | 1.1M | 1.3M | 200K |
| Dividends Paid | -10.8M | -10.1M | -10.1M | -10M | -10.1M | -9.6M | -9.6M | -9.6M | -9.6M | -7.6M | -7.7M | -7.6M | -7.7M | -6.8M | -6.9M | -6.9M | -7M | -43.9M | -6.1M | -6.1M |
| Share Repurchases | 0 | -9.1M | 0 | -100K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -500K | -100K | -700K | 0 | 100K | 0 | 600K | 0 | -700K | 0 | 700K | -100K | 300K | 0 | 0 | 0 | 1.3M | -500K | 100K | -100K |
| Net Change in Cash | -5.8M | 300K | 12.1M | 16.1M | -5.6M | 5.7M | 100K | 8.9M | -4.5M | 100K | -10.6M | -3.3M | 19.7M | 8.5M | -3.5M | 8.9M | -800K | -39.8M | 12.5M | 4.2M |
| Free Cash Flow | 3.9M | 19.2M | 22M | 30.3M | 3.2M | 15.2M | 8.7M | 17.9M | 5.1M | 7.7M | 36.5M | 36.3M | 27.6M | 24.3M | 22.7M | 11M | -15.2M | -1.1M | 17.3M | 10.2M |
| FCF Margin % | 1.11% | 5.56% | 6.22% | 8.44% | 1% | 5.03% | 2.54% | 5.15% | 1.58% | 2.41% | 10.29% | 11.14% | 10.08% | 9.33% | 7.6% | 3.45% | -5.27% | -0.42% | 6.24% | 3.74% |
| FCF Growth % | 21.88% | 26.32% | 152.87% | 69.27% | -37.25% | 97.4% | -76.16% | -50.69% | -81.52% | -68.31% | 60.79% | 230% | 281.58% | 2309.09% | 31.21% | 7.84% | -176% | -104.53% | -36.4% | 1357.14% |
| FCF per Share | 0.10 | 0.50 | 0.57 | 0.79 | 0.08 | 0.40 | 0.23 | 0.47 | 0.13 | 0.20 | 0.96 | 0.95 | 0.72 | 0.64 | 0.60 | 0.29 | -0.40 | -0.03 | 0.46 | 0.27 |
| FCF Conversion (FCF/Net Income) | 0.28x | 1.37x | 1.21x | 1.26x | 0.25x | 1.49x | 0.57x | 0.93x | 0.48x | 0.54x | 1.86x | 1.72x | 2.14x | 1.94x | 1.26x | 0.53x | -0.64x | -0.03x | 0.81x | 0.52x |
| 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 |