MidCap Financial Investment Corporation (MFIC) 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 | 169.39M | 27.17M | 166.27M | -91.04M | -131.31M | 54.77M | -10.13M | -63.54M | 9.37M | 78.42M | 63.77M | 8.32M | 45.87M | 21.58M | 108.78M | -21.54M | 52.4M | 53.89M | -104.09M | -4.88M |
| Operating CF Margin % | 235922.01% | 41.81% | 261.56% | -171.65% | -210.93% | 95.16% | -16.43% | -121.71% | 17.09% | 121.18% | 106.36% | 15.21% | 79.13% | 34.08% | 276.45% | -85.41% | 236.99% | 140.28% | -243.93% | -10.05% |
| Operating CF Growth % | 229% | -50.39% | 1740.87% | -43.27% | -1501.07% | -30.16% | -115.89% | -863.66% | -79.57% | 263.44% | -41.38% | 138.62% | -12.45% | -59.96% | 204.51% | -341.57% | -22.04% | -64.91% | -158.2% | -106.87% |
| Net Income | 48.73M | 67.13M | 27.45M | 18.12M | 30.33M | 24.06M | 26.72M | 22.55M | 25.49M | 33.26M | 29.96M | 25.4M | 30.13M | 1.29M | 15.99M | 5.66M | 4.24M | 20.54M | 25.44M | 32.14M |
| Depreciation & Amortization | -163K | -300K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 120.83M | -26.68M | 140.04M | -108.5M | -148.66M | 13.07M | -29.33M | -88.22M | -14.71M | 36.01M | 41.65M | -21.77M | 16.75M | 25.55M | 83.94M | -29.19M | 61.44M | 27.36M | -133.22M | -39.57M |
| Working Capital Changes | 0 | -12.98M | -1.22M | -658K | -12.98M | 17.65M | -7.52M | 2.12M | -1.41M | 9.15M | -7.85M | 4.68M | -1.01M | -5.25M | 8.85M | 1.99M | -13.29M | 6M | 3.7M | 2.54M |
| Change in Receivables | 0 | -5.81M | 2.57M | -3.42M | -5.81M | 7.23M | -6.4M | 601K | 1.33M | -1.03M | -3.42M | 882K | 2.81M | -4.16M | 6.39M | -3.6M | -3.7M | 2.26M | -1.36M | -906K |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3.74M | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | 138.04M | -20.84M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 49.57M | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CapEx % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Acquisitions | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Investments | 0 | 3.17B | 3.18B | 0 | 33K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.4B | 0 | 0 | 0 | 0 | 0 | 540.18M |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | -226.13M | 26.66M | -171.68M | 77.86M | 140.53M | -63.77M | 27.9M | 80.97M | -81.87M | 535K | -70.8M | -28.2M | -62.9M | -45.94M | -82.41M | 26.45M | -56.15M | -47.14M | 84.34M | -2.38M |
| Debt Issued (Net) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Equity Issued (Net) | 0 | -12.89M | 0 | 0 | -6.08M | 0 | 0 | 0 | 0 | - | - | -2.3M | -1.64M | -1K | 30M | -1.64M | -770K | -12.4M | -5.91M | -2.03M |
| Dividends Paid | -3.37M | -35.04M | -35.45M | -35.46M | -35.64M | -35.63M | -54.39M | -24.8M | -24.8M | -24.8M | -24.8M | -24.8M | -49.09M | -20.94M | -22.87M | -22.91M | -23M | -23.41M | -23.44M | -23.49M |
| Share Repurchases | -76.03M | -12.89M | 0 | 0 | -6.08M | 0 | 0 | 0 | 0 | 0 | 0 | -2.3M | -1.64M | -1K | 0 | -1.64M | -770K | -12.4M | -5.91M | -2.03M |
| Other Financing | -222.76M | 0 | 0 | 33K | -33K | -8.63M | -5K | -250K | 0 | -29K | 0 | -10.87M | 1.64M | 1K | 0 | 0 | 0 | -333K | 0 | 0 |
| Net Change in Cash | -56.76M | 32.99M | -5.44M | -13.14M | 9.25M | -9.02M | 17.77M | 17.43M | -72.52M | 78.98M | -7.05M | -19.87M | -17.03M | 25.36M | 26.27M | 4.86M | -3.87M | 6.95M | -19.8M | -7.31M |
| Free Cash Flow | 169.39M | 27.17M | 166.27M | -91.04M | -131.31M | 54.77M | -10.13M | -63.54M | 9.37M | 78.42M | 63.77M | 8.32M | 45.87M | 21.58M | 108.78M | -21.54M | 52.4M | 53.89M | -104.09M | -4.88M |
| FCF Margin % | 235922.01% | 41.81% | 261.56% | -171.65% | -210.93% | 95.16% | -16.43% | -121.71% | 17.09% | 121.18% | 106.36% | 15.21% | 79.13% | 34.08% | 276.45% | -85.41% | 236.99% | 140.28% | -243.93% | -10.05% |
| FCF Growth % | 229% | -50.39% | 1740.87% | -43.27% | -1501.07% | -30.16% | -115.89% | -863.66% | -79.57% | 263.44% | -41.38% | 138.62% | -12.45% | -59.96% | 204.51% | -341.57% | -22.04% | -64.91% | -158.2% | -106.87% |
| FCF per Share | 1.99 | 0.29 | 1.78 | -0.97 | -1.40 | 0.64 | -0.16 | -0.97 | 0.14 | 1.20 | 0.98 | 0.13 | 0.70 | 0.34 | 1.68 | -0.34 | 0.87 | 0.85 | -1.60 | -0.07 |
| FCF Conversion (FCF/Net Income) | - | -2.13x | 6.06x | -5.03x | -4.33x | 2.28x | -0.38x | -2.82x | 0.37x | 2.36x | 2.13x | 0.33x | 1.52x | 16.75x | 6.80x | -3.81x | 12.36x | 2.62x | -4.09x | -0.15x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - |