Kodiak Sciences Inc. (KOD) 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 | -40.01M | -39.38M | -32.88M | -34.67M | -29.08M | -30.07M | -21.16M | -26.49M | -39.6M | -32.24M | -32.76M | -41.96M | -47.22M | -55.08M | -53.09M | -55.14M | -43.16M | -59.03M | -51.95M | -36.66M |
| Operating CF Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating CF Growth % | -37.6% | -30.95% | -55.42% | -30.88% | 26.57% | 6.73% | 35.43% | 36.86% | 16.14% | 41.46% | 38.28% | 23.9% | -9.41% | 6.71% | -2.19% | -50.4% | -24.65% | -118.49% | -111.42% | -163.65% |
| Net Income | -58.16M | -56.74M | -61.46M | -54.31M | -57.46M | -44.1M | -43.95M | -45.12M | -43.04M | -59.52M | -50.01M | -80.19M | -70.78M | -70.45M | -77.04M | -90.63M | -95.71M | -93.17M | -67.53M | -55.85M |
| Depreciation & Amortization | 6.34M | -1.48M | 6.54M | 6.54M | 6.73M | 6.68M | 6.7M | 6.68M | 6.65M | 6.66M | 6.97M | 6.66M | 5.66M | 3.31M | 2.88M | 2.62M | 2.2M | 2.18M | 2.17M | 2.18M |
| Stock-Based Compensation | 12.15M | 27.33M | 0 | 15.64M | 15.89M | 8.62M | 14.81M | 18.38M | 18.41M | 22.83M | 13.95M | 25.8M | 25.98M | 25.78M | 26.18M | 25.98M | 28.09M | 28M | 12.38M | 11.09M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -33.67M | -314K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 0 | -6.04M | 14.05M | 0 | 1.92M | 0 | 0 | 211K | 144K | 33.99M | 314K | -642K | -514K | -922K | -421K | -301K | 13K | 134K | 13K | 19K |
| Working Capital Changes | -346K | -2.45M | 7.99M | -2.54M | 3.85M | -1.27M | 1.28M | -6.64M | -21.76M | -2.53M | -3.67M | 6.41M | -7.56M | -12.79M | -4.68M | 7.2M | 22.24M | 3.82M | 1.02M | 5.91M |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | -733K | 1.63M | 5.32M | -1.48M | 2.61M | 637K | 1.58M | -791K | -11.12M | 2.48M | -435K | 5.45M | -1.9M | -5.43M | -5.78M | 6.36M | 6.5M | -5.35M | 9.01M | -5.59M |
| Cash from Investing | -942K | -43K | -60K | -133K | -270K | -124K | -205K | -260K | -166K | -27.8M | -226K | 103.84M | 173.41M | 67M | 58.73M | -443.95M | -18.29M | -10.86M | -31.7M | -5.45M |
| Capital Expenditures | -942K | -43K | -60K | -133K | -270K | -124K | -205K | -49K | -22K | -27.48M | -226K | -1.47M | -12.25M | -5.62M | -7.27M | -16.19M | -18.29M | -10.86M | -31.7M | -13.95M |
| CapEx % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 355K | -211K | -144K | 0 | 0 | 314K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | 619K | 177.25M | 813K | 120K | 124K | 404K | 0 | 59K | 38K | -124K | -12K | 170K | -3K | 97K | 78K | 54K | 1.67M | 2.16M | 2.03M | 2.52M |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 619K | 177.25M | 813K | 120K | 124K | 404K | 0 | 59K | 38K | 51K | 0 | 182K | 9K | -64K | 90K | 66K | 1.68M | -305K | 0 | 2.53M |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -175K | -12K | -12K | -12K | 161K | -12K | -12K | -12K | 2.46M | 2.03M | -11K |
| Net Change in Cash | -40.33M | 137.82M | -32.13M | -34.69M | -29.22M | -29.79M | -21.36M | -26.69M | -39.59M | -60.16M | -33M | 62.05M | 126.18M | 12.02M | 5.72M | -499.04M | -59.78M | -67.74M | -81.62M | -39.59M |
| Free Cash Flow | -40.95M | -39.42M | -32.94M | -34.81M | -29.35M | -30.19M | -21.36M | -26.54M | -39.62M | -59.72M | -32.99M | -43.43M | -59.47M | -60.69M | -60.36M | -71.32M | -61.45M | -69.89M | -83.65M | -50.61M |
| FCF Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| FCF Growth % | -39.54% | -30.56% | -54.21% | -31.14% | 25.93% | 49.44% | 35.25% | 38.88% | 33.37% | 1.6% | 45.34% | 39.11% | 3.22% | 13.16% | 27.85% | -40.92% | -48.4% | -117.32% | -219.56% | -262.19% |
| FCF per Share | -0.66 | -0.74 | -0.62 | -0.66 | -0.56 | -0.57 | -0.41 | -0.51 | -0.75 | -1.14 | -0.63 | -0.83 | -1.14 | -1.16 | -1.15 | -1.37 | -1.18 | -1.34 | -1.61 | -0.98 |
| FCF Conversion (FCF/Net Income) | 0.69x | 0.69x | 0.54x | 0.64x | 0.51x | 0.68x | 0.48x | 0.59x | 0.92x | 0.54x | 0.66x | 0.52x | 0.67x | 0.78x | 0.69x | 0.61x | 0.45x | 0.63x | 0.77x | 0.66x |
| 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 |