Nexa Resources S.A. (NEXA) 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 | -55.59M | 307.14M | 192.1M | 99.94M | -183.27M | 242.12M | 132.72M | 81.32M | -89.58M | 114.3M | 100.34M | 94.69M | -55.67M | 110.74M | 11.69M | 169.29M | -22.58M | 120.66M | 60.51M | 195.9M |
| Operating CF Margin % | -6.26% | 34.28% | 25.56% | 14.11% | -29.22% | 32.68% | 18.71% | 11.04% | -15.39% | 18.15% | 15.45% | 15.11% | -8.34% | 14.2% | 1.66% | 20.41% | -3.13% | 17.8% | 9.24% | 28.55% |
| Operating CF Growth % | 69.67% | 26.85% | 44.74% | 22.89% | -104.59% | 111.82% | 32.27% | -14.12% | -60.91% | 3.22% | 758.67% | -44.07% | -146.54% | -8.22% | -80.69% | -13.58% | -123.85% | -28.66% | -63.24% | 711.48% |
| Net Income | 203.99M | 50.35M | 69.34M | 36.51M | 58.22M | -98.5M | -5.15M | -92.99M | -24.37M | -94.52M | -64.13M | -136.33M | -19.73M | -81.69M | -41.22M | 165.37M | 133.81M | 29.2M | -18.84M | 109.01M |
| Depreciation & Amortization | 77.36M | 103.3M | 89.91M | 76.57M | 65.81M | 146.83M | 94.58M | 74.29M | 76.99M | 105.4M | 75.61M | 71.75M | 71.84M | 87.19M | 66.84M | 74.37M | 65.89M | 68.89M | 66.07M | 59.76M |
| 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 | 15.65M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -54.21M | 126.83M | -22.13M | -16M | -42.06M | -8.76M | 62.5M | 116.66M | -17.59M | 48.16M | -14.53M | 75.95M | 6.9M | 114.76M | 633.99K | -47.65M | -65.84M | 18.11M | 23.68M | 72.84M |
| Working Capital Changes | -282.73M | 26.66M | 54.98M | 2.86M | -265.24M | 202.54M | -19.21M | -16.64M | -124.6M | 55.27M | 87.74M | 83.32M | -114.68M | -9.51M | -14.57M | -22.81M | -156.44M | 4.46M | -10.4M | -45.72M |
| Change in Receivables | -30.04M | -63.65M | -31.24M | -9.81M | -11.93M | -11.77M | -1.04M | -28.07M | -44.03M | 2.14M | -30.94M | 41.66M | 58.56M | -68.38M | 27.87M | -13.53M | 55.91M | -41.55M | 13.68M | -31.58M |
| Change in Inventory | -14.63M | -12.43M | -32.65M | -20.95M | -22.16M | 54.16M | -15.49M | -56.26M | -16.81M | 8.58M | 54.89M | 64.87M | -4.69M | 46.27M | 46.63M | -60.09M | -105.47M | 4.74M | -30.64M | -13.05M |
| Change in Payables | -98.09M | 160.47M | 38.31M | 54.3M | -113.02M | 124.91M | -6.34M | 51.87M | -42.33M | 66.51M | 49.14M | -55.34M | -99.66M | 25.39M | -69.83M | 37.95M | -106M | 25.63M | 42.28M | 20.2M |
| Cash from Investing | -69.8M | -132.13M | -92.86M | -71.09M | -33.17M | -63.64M | -49.6M | -56.47M | -73.7M | -105.51M | -59.78M | -58.11M | -47.07M | -117.66M | -71.93M | -108.53M | -81.25M | -154.91M | -114.14M | -100.87M |
| Capital Expenditures | -71.72M | -138.23M | -95.87M | -86.54M | -50.45M | -67.13M | -54.23M | -64.04M | -75.29M | -105.55M | -83.01M | -60.08M | -56.51M | -113.05M | -84.68M | -98.49M | -83.27M | -158.62M | -121.48M | -103.84M |
| CapEx % of Revenue | 8.07% | 15.43% | 12.76% | 12.22% | 8.05% | 9.06% | 7.64% | 8.7% | 12.93% | 16.76% | 12.78% | 9.59% | 8.47% | 14.5% | 12.05% | 11.87% | 11.53% | 23.4% | 18.54% | 15.13% |
| Acquisitions | 0 | 2.69M | -115.64K | 815.87K | 986K | 510K | 417.75K | 0 | 71K | 1.01M | 0 | 370.86K | 0 | 339.71K | 1.66K | 185.98K | 0 | 367.49K | 9.65K | 976.46K |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 108K | -496.91K | 0 | 9.36M | -57K | 2.98M | 0 | 7.17M | 0 | 0 | 7.78M | 11.38M | 9.44M | 0 | 11.37M | 183K | 18K | 338K | 0 | 0 |
| Cash from Financing | -6.08M | -129.78M | -51.48M | -14.23M | -13.59M | -67.25M | -33.59M | 129.66M | 21.91M | 34.14M | -24.21M | -8.3M | -31.54M | -15.57M | -19.51M | -15.81M | -95.19M | -883K | -171.87M | -69.18M |
| Debt Issued (Net) | 19.25M | -110.76M | -22.51M | 16.89M | -15.13M | -62.15M | -14.22M | 141.55M | 22M | 49.24M | -10.93M | -8.3M | -6.54M | 735.27K | -8.81M | -6.88M | -45.19M | 3.47M | -162.76M | -60.75M |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -24.73M | 0 | 0 | 0 | -6.03M | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | -25.32M | -6.57M | -16.28M | -12.86M | -329K | -4.21M | -6.86M | -4.33M | -94K | -9.95M | -13.28M | 0 | -25M | -11.83M | -17.43M | -8.93M | -43.87M | -4.17M | -6.78M | -5.5M |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -24.73M | 0 | 0 | 0 | -6.03M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 0 | -12.46M | -12.7M | -18.27M | 1.86M | -890K | -12.51M | -7.55M | 0 | 19.58M | 0 | 0 | 0 | 1.55M | 6.74M | 0 | -6.13M | -178K | -2.33M | -2.93M |
| Net Change in Cash | -125.79M | 51.17M | 52.39M | 17.48M | -225.71M | 107.33M | 51.26M | 148.65M | -143.97M | 42.93M | 13.62M | 34.43M | -131.54M | -20.01M | -87.2M | 28.84M | -167.63M | -42.34M | -259.93M | 40.02M |
| Free Cash Flow | -127.33M | 169.36M | 96.87M | 12.68M | -234M | 174.99M | 79.96M | 14.73M | -164.87M | 10.27M | 15.91M | 34.61M | -112.18M | -2.49M | -68.49M | 70.8M | -106.05M | -37.96M | -60.97M | 92.06M |
| FCF Margin % | -14.33% | 18.9% | 12.89% | 1.79% | -37.31% | 23.62% | 11.27% | 2% | -28.32% | 1.63% | 2.45% | 5.52% | -16.81% | -0.32% | -9.75% | 8.54% | -14.69% | -5.6% | -9.31% | 13.42% |
| FCF Growth % | 45.59% | -3.22% | 21.15% | -13.92% | -41.94% | 1603.42% | 402.55% | -57.44% | -46.96% | 512.14% | 123.23% | -51.11% | -5.79% | 93.43% | -12.33% | -23.09% | -980.72% | -151.79% | -167.17% | 359.2% |
| FCF per Share | -0.96 | 1.28 | 0.73 | 0.10 | -1.77 | 1.32 | 0.60 | 0.11 | -1.24 | 0.08 | 0.12 | 0.26 | -0.85 | -0.02 | -0.52 | 0.53 | -0.80 | -0.29 | -0.46 | 0.70 |
| FCF Conversion (FCF/Net Income) | -0.62x | 6.10x | 2.77x | 92.28x | -15.47x | -2.46x | -25.76x | -1.06x | 3.76x | -1.22x | -1.36x | -0.92x | 2.82x | -1.36x | -0.28x | 1.55x | -0.36x | 87.88x | -3.21x | 1.80x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 50.23M | 0 | 0 | 0 | 0 | 0 | 0 | 31.8M | 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 |