MultiSensor AI Holdings, Inc. (MSAI) 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 | Q4'21 |
|---|
| Cash from Operations | -1.69M | -2.24M | -1.8M | -804K | -3.18M | -3.06M | -12.7M | -303K | 492K | -3.03M | -1.22M | 120K | -418K | -300K | -186.72K | 0 | -720.74K |
| Operating CF Margin % | -104.58% | -161.17% | -114.55% | -56.66% | -271.45% | -218.36% | -792.7% | -14.26% | 21.63% | -187.79% | -81.52% | 8.98% | -42.65% | -14.85% | - | - | - |
| Operating CF Growth % | 46.85% | 26.82% | 85.8% | -165.35% | -745.53% | -0.86% | -939.2% | -352.5% | 217.7% | -910.33% | -554.46% | - | - | 58.38% | - | - | - |
| Net Income | -2.47M | -2.28M | -1.68M | -3.32M | -4.44M | -2.98M | -8.2M | -6.39M | -3.92M | -16.83M | -1.88M | -653K | -2.91M | -7.55M | 184.11K | -130.23K | -413.51K |
| Depreciation & Amortization | 352K | 347K | 342K | 330K | 280K | 262K | 307K | 298K | 273K | 248K | 223K | 221K | 180K | 182K | 0 | 0 | 0 |
| Stock-Based Compensation | 0 | 130K | 205K | 423K | 907K | 27K | 29K | 3.33M | 0 | 13.8M | 89K | 86K | 87K | 122K | 0 | 0 | 0 |
| Deferred Taxes | 30K | -40K | -16K | 3K | 6K | 9K | 22K | 2K | 29K | -75K | -1K | 6K | -113K | 1.67M | 0 | 0 | 0 |
| Other Non-Cash Items | 184K | 553K | 22K | 32K | 20K | 1.12M | 2.46M | 1.27M | 1.36M | 3.69M | -155K | 1.28M | 47K | 1.54M | -541.22K | 130.23K | -307.23K |
| Working Capital Changes | 217K | -949K | -679K | 1.73M | 47K | -1.49M | -7.32M | 1.2M | 2.75M | -3.86M | 497K | -817K | 2.29M | 3.74M | 170.39K | 0 | 0 |
| Change in Receivables | 463K | -926K | 131K | -42K | -10K | 361K | -209K | -363K | 1.77M | -1.78M | 169K | 133K | 554K | -11K | 0 | 0 | 0 |
| Change in Inventory | 274K | 84K | 65K | 361K | -375K | 154K | 708K | -123K | -483K | 335K | -46K | 172K | -89K | 4.5M | 0 | 0 | 0 |
| Change in Payables | 128K | -216K | -292K | -159K | 404K | 391K | -365K | -3.09M | 1.58M | -1.3M | -121K | -355K | 1.76M | 492K | 0 | 0 | 0 |
| Cash from Investing | -101K | -363K | -339K | -485K | -420K | -1.07M | -488K | -541K | -571K | -116K | -423K | -466K | -507K | -316K | 0 | 0 | -117.3M |
| Capital Expenditures | -121K | -363K | -339K | -494K | -435K | -1.07M | -488K | -541K | -571K | -116K | -423K | -466K | -537K | -202K | 0 | 0 | 0 |
| CapEx % of Revenue | 7.5% | 26.15% | 21.54% | 34.81% | 37.18% | 76.21% | 30.46% | 25.46% | 25.1% | 7.19% | 28.22% | 34.85% | 54.8% | 10% | - | - | - |
| Acquisitions | 20K | 0 | 0 | 9K | 15K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 30K | -114K | 0 | 0 | 0 |
| Cash from Financing | -24K | 25.9M | -36K | -266K | 3.98M | -1K | 21.59M | 587K | -585K | 3.79M | 1M | 1.43M | 350K | 1.05M | 0 | 0 | 118.93M |
| Debt Issued (Net) | 0 | 0 | 0 | -4.66M | 4.49M | 58K | -699K | 29K | -585K | 1.65M | 1M | 1.43M | 350K | 1.05M | 0 | 0 | -323.24K |
| Equity Issued (Net) | 0 | 26.1M | 34K | 4.74M | 0 | -1K | 22.23M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 119.45M |
| Dividends Paid | 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 |
| Other Financing | -24K | -198K | -70K | -348K | -500K | -58K | 58K | 558K | 0 | 2.14M | 0 | 0 | 0 | 0 | 0 | 0 | -199.75K |
| Net Change in Cash | -1.81M | 23.3M | -2.18M | -1.55M | 389K | -4.13M | 8.4M | -257K | -664K | 642K | -227.55K | 1.08M | -575K | 434K | -186.72K | -145.68K | 906.28K |
| Free Cash Flow | -1.81M | -2.6M | -2.14M | -1.3M | -3.61M | -4.12M | -13.19M | -844K | -79K | -3.15M | -1.65M | -346K | -955K | -502K | -186.72K | 0 | -720.74K |
| FCF Margin % | -112.08% | -187.32% | -136.09% | -91.47% | -308.63% | -294.57% | -823.16% | -39.72% | -3.47% | -194.98% | -109.74% | -25.88% | -97.45% | -24.85% | - | - | - |
| FCF Growth % | 49.9% | 36.95% | 83.76% | -53.79% | -4470.89% | -31.05% | -701.64% | -143.93% | 91.73% | -526.89% | -781.01% | - | - | 30.35% | - | - | - |
| FCF per Share | -0.90 | -2.78 | -2.48 | -1.55 | -4.41 | -5.40 | -21.74 | -2.47 | -0.26 | -14.00 | -5.61 | -1.16 | -3.19 | -1.33 | -0.50 | - | -1.92 |
| FCF Conversion (FCF/Net Income) | 0.68x | 0.98x | 1.08x | 0.24x | 0.72x | 1.02x | 1.55x | 0.05x | -0.13x | 0.18x | 0.65x | -0.18x | 0.14x | 0.04x | -1.01x | - | 1.74x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 63K | -4K | 4K | -128K | 0 | 3K | 0 | -132K | 0 | 0 | 0 |
| Taxes Paid | 0 | -37K | 0 | 0 | 110K | 0 | 2.33M | 0 | 0 | -33K | 0 | 4K | 27K | 33K | 0 | 0 | 0 |