Guardian Pharmacy Services, Inc. (GRDN) 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 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q4'21 | Q3'21 | Q1'21 | Q4'20 | Q1'20 | Q4'19 |
|---|
| Cash from Operations | 6.06M | 34.6M | 28.17M | 19.94M | 17.55M | 22.34M | -2.16M | 29.13M | 8.65M | 14.55M | 23.91M | 17.55M | 10.2M | 10.2M | 14.88M | 0 | 9.63M | 13.08M | 8.66M | 15.38M |
| Operating CF Margin % | 1.8% | 8.7% | 7.46% | 5.79% | 5.33% | 6.6% | -0.69% | 9.71% | 3.14% | 5.18% | 9.43% | 7.05% | 4.31% | 4.31% | 7.09% | - | 5.31% | 6.94% | 4.67% | 8.41% |
| Operating CF Growth % | -65.46% | 54.9% | 1401.71% | -31.57% | 102.8% | 53.48% | - | 21.86% | -50.68% | 42.7% | - | - | -31.45% | - | 13.75% | - | 11.12% | -14.94% | - | 70.94% |
| Net Income | 13.29M | 21.27M | 9.59M | 8.83M | 9.27M | 11.94M | -105.82M | 15.85M | 7.09M | 14.56M | 24.44M | 5.71M | 11.7M | 11.7M | -1.74M | 12.26M | 2M | 11.97M | 1.47M | 7.76M |
| Depreciation & Amortization | 5.98M | 5.74M | 5.84M | 5.49M | 5.27M | 5.15M | 4.99M | 4.87M | 4.75M | 4.71M | 4.42M | 4.46M | 4.24M | 4.24M | 4.12M | 0 | 4.27M | 4.36M | 4.19M | 4.27M |
| Stock-Based Compensation | 0 | 1.08M | 4.36M | 4.45M | 3.97M | 3.46M | 122.36M | -272K | 5.95M | -22.72M | -12M | 7.93M | -3.23M | -3.23M | 12.89M | -4.41M | 4.09M | -4.46M | 6.51M | 801K |
| Deferred Taxes | 0 | 2.36M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 3.09M | 1.96M | 2.07M | 1.58M | 755K | 2.83M | 1.01M | 1.83M | 1.37M | 1.39M | 1.25M | 1.68M | 7.19M | 7.19M | 811K | -7.86M | 335K | 662K | 1.73M | 1.92M |
| Working Capital Changes | -16.3M | 2.19M | 6.31M | -405K | -1.71M | -1.05M | -24.71M | 6.86M | -10.51M | 16.61M | 5.79M | -2.23M | -9.69M | -9.69M | -1.2M | 0 | -1.06M | 545K | -5.25M | 620K |
| Change in Receivables | -11.13M | 3.04M | -13.18M | 2.59M | -1.01M | -8.2M | -2.13M | -5.61M | -9.54M | -2.34M | -6.71M | -3.98M | -4.03M | -4.03M | -1.08M | 0 | -1.35M | -1.91M | -4.62M | -5.93M |
| Change in Inventory | -3.8M | 4.79M | -3.19M | 405K | -2.88M | 5.08M | -5.32M | 922K | -1.83M | 855K | 1.62M | 5.79M | -4.16M | -4.16M | 250K | 0 | 1.27M | 3.05M | -15.12M | 328K |
| Change in Payables | -7.8M | -4.75M | 17.4M | 1.88M | 1.87M | -928K | 2.82M | 4.15M | 7.19M | -3.92M | 4.81M | 3.67M | 0 | 0 | 1.93M | 0 | 1.96M | 636K | 17.33M | 5.43M |
| Cash from Investing | -4.67M | -4.71M | -8.97M | -13M | -5.54M | -6.62M | -7.08M | -13.1M | -3.6M | -1.15M | -3.95M | -3.63M | -5.3M | -5.3M | -3.02M | 0 | -1.52M | -1.29M | -4.13M | -4.29M |
| Capital Expenditures | -5.02M | -4.23M | -5.21M | -4.31M | -5.8M | -4.5M | -5.13M | -3.05M | -3.69M | -2.76M | -3.79M | -3.73M | -4.46M | -4.46M | -2.31M | 0 | -1.58M | -1.44M | -2.73M | -4.29M |
| CapEx % of Revenue | 1.49% | 1.06% | 1.38% | 1.25% | 1.76% | 1.33% | 1.63% | 1.02% | 1.34% | 0.98% | 1.5% | 1.5% | 1.88% | 1.88% | 1.1% | - | 0.87% | 0.76% | 1.47% | 2.35% |
| Acquisitions | 348K | -495K | -4M | 0 | 0 | -2.25M | -2.22M | 0 | 0 | 0 | 0 | 0 | -1M | -1M | -800K | 0 | 0 | 0 | -1.45M | 17K |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 12K | 242K | -8.7M | 260K | 127K | 263K | -10.06M | 94K | 1.62M | -158K | 101K | 165.5K | 165.5K | 87K | 0 | 65K | 150K | 50K | -14K |
| Cash from Financing | -2.12M | -758K | -1.53M | -2.11M | -2.67M | -48.27M | 44.93M | -14.66M | -5.63M | -13.28M | -19.86M | -13.95M | -4.7M | -4.7M | -6.41M | 0 | -9.76M | -10.72M | -3.92M | -12.34M |
| Debt Issued (Net) | -1.12M | -1.09M | -1.61M | -1.14M | -1.13M | -45.42M | -1.5M | 5.54M | 4.9M | 1.2M | 520K | -4.8M | 0 | 0 | -1.55M | 0 | -1.5M | -1.61M | 180K | 5.94M |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 0 | -3.62M | 119.25M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 300K | -12.31M | -16.61M | -7.13M | -10M | -15.72M | -6.17M | -2.35M | -2.35M | -1M | 0 | -4.46M | -3.89M | -2.32M | -16.07M |
| Share Repurchases | -30.28M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -1M | 332K | 81K | -970K | -1.53M | 467K | -60.51M | -3.59M | -3.4M | -4.47M | -4.66M | -2.98M | -2.35M | -2.35M | -3.86M | 0 | -3.8M | -5.21M | -1.78M | -2.22M |
| Net Change in Cash | -726K | 29.13M | 17.67M | 4.82M | 9.34M | -32.56M | 35.68M | 1.36M | -578K | 131K | 97K | -35K | 0 | -205K | 5.45M | 0 | -1.65M | 1.07M | 612K | -1.25M |
| Free Cash Flow | 1.04M | 30.37M | 22.96M | 15.63M | 11.74M | 17.84M | -7.29M | 26.09M | 4.96M | 11.79M | 20.11M | 13.81M | 5.74M | 5.74M | 12.57M | 0 | 8.04M | 11.64M | 5.93M | 11.09M |
| FCF Margin % | 0.31% | 7.64% | 6.08% | 4.54% | 3.57% | 5.27% | -2.32% | 8.69% | 1.8% | 4.2% | 7.94% | 5.55% | 2.42% | 2.42% | 5.99% | - | 4.44% | 6.17% | 3.2% | 6.06% |
| FCF Growth % | -91.12% | 70.29% | 414.94% | -40.08% | 136.7% | 51.27% | - | 29.68% | -64.08% | 105.54% | - | - | -54.37% | - | 8.01% | - | 35.59% | 5% | - | 71.03% |
| FCF per Share | 0.02 | 0.48 | 0.36 | 0.25 | 0.19 | 0.29 | -0.12 | 0.43 | 0.08 | 0.19 | 0.33 | 0.23 | - | - | 0.21 | - | 0.13 | 0.19 | 0.10 | 0.18 |
| FCF Conversion (FCF/Net Income) | 0.46x | 1.65x | 2.87x | 2.21x | 1.86x | 1.87x | 0.02x | 2.74x | 3.11x | 1.21x | 1.11x | 10.30x | 0.87x | 0.87x | -3.03x | - | -143.67x | 1.35x | -8.78x | 2.82x |
| Interest Paid | 0 | 140K | 165K | 170K | 175K | 270K | 1.01M | 1.09M | 757K | 701K | 675K | 669K | 506K | 506K | 744K | 0 | 387K | 419K | 610K | 1.17M |
| Taxes Paid | 0 | 3.95M | 2.9M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |