Pharming Group N.V. (PHAR) 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 | Q2'21 | Q1'21 |
|---|
| Cash from Operations | 1.63M | 7.39M | 30.01M | 11.74M | 232K | 9.33M | 9.7M | -13.17M | -7.65M | 11.58M | 3.53M | -9.62M | -22.79M | 5.67M | 12.62M | 4M | 609K | 15.46M | 9.01M | 7.06M |
| Operating CF Margin % | 2.24% | 0.01% | 30.85% | 12.6% | 0.29% | 10.07% | 12.97% | -17.79% | -13.76% | 14.25% | 5.29% | -17.53% | -53.56% | 11.12% | 22.79% | 7.97% | 1.31% | 33.79% | 21.16% | 16.21% |
| Operating CF Growth % | 601.25% | -20.8% | 209.24% | 189.14% | 103.03% | -19.4% | 175.15% | -36.92% | 66.44% | 104.04% | -72.04% | -340.65% | -3841.38% | -63.3% | - | -55.64% | -91.38% | -34.76% | -56.94% | -64.18% |
| Net Income | -5.23M | 5.29M | 7.47M | 7.08M | -11.79M | 6.68M | -1.04M | -1.2M | -16.62M | -2.03M | 3.31M | 3.39M | -16.67M | -18.08M | 9.28M | 19.56M | 4.23M | 2.06M | 5.82M | 12.79M |
| Depreciation & Amortization | 3.13M | 0 | 2.71M | 2.7M | 2.58M | 7.7M | 2.75M | 0 | 5.92M | 7.55M | 2.9M | 3.16M | 2.31M | 6.97M | 1.95M | 2.07M | 2.19M | 12.71M | 2.45M | 2.06M |
| Stock-Based Compensation | 0 | 0 | 0 | 3.48M | 2.58M | 2.64M | 0 | 0 | 2.43M | 3.32M | 1.97M | 2.41M | 1.56M | 1.87M | 1.64M | 1.81M | 1.07M | 0 | 0 | 1.91M |
| 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 | 3.62M | -174K | 10.8M | -124K | 5.44M | -604K | 659.34K | -2.73M | 1.68M | 4.12M | -83K | -19.78M | 2.23M | 10.7M | -2.66M | -17.87M | -1.46M | -245.26K | 8.41M | -7.73M |
| Working Capital Changes | 114.41K | 2.27M | 9.03M | -1.39M | 1.42M | -7.08M | 7.33M | -9.24M | -1.05M | -1.38M | -4.56M | 1.2M | -12.21M | 4.21M | 2.4M | -1.57M | -5.42M | 938.46K | -7.67M | -1.97M |
| Change in Receivables | -4.41M | -14.86M | 9.12M | -3.03M | 5.38M | -4.74M | 2.91M | -12.4M | 7.46M | -5.64M | -7.36M | -226K | -5.34M | 1.22M | 4.03M | -1.43M | 0 | 2.81M | -4.59M | 2.96M |
| Change in Inventory | -264.96K | 2.22M | -3.21M | 774K | -1.08M | 4.75M | -2.14M | -3.99M | 877K | -3.32M | -396K | -4.92M | -5.8M | -8.82M | 423K | -4.32M | -2.3M | -2.2M | -2.54M | -608K |
| Change in Payables | 5.3M | 13.72M | 3.12M | 0 | 0 | 0 | 6.55M | 7.14M | 0 | 0 | 0 | 0 | -1.22M | 11.73M | -2.32M | 4.23M | 0 | 325.92K | -548.27K | 0 |
| Cash from Investing | -85.07M | -63.81K | -2.34M | 16.95M | 9.69M | -9.79M | 4.39M | 36.34M | 664K | -3.91M | -58.23M | 20.31M | -215K | -399K | -298K | 6.39M | -374K | -6.08M | -5.15M | -2.56M |
| Capital Expenditures | -238.87K | -269.25K | -68.67K | -128K | -288K | -136K | -366.15K | -213.73K | -80K | -331K | -147K | -771K | -215K | -315K | -104K | -1.18M | -375K | -6.08M | -4.76M | -2.96M |
| CapEx % of Revenue | 0.33% | 0% | 0.07% | 0.14% | 0.36% | 0.15% | 0.49% | 0.29% | 0.14% | 0.41% | 0.22% | 1.4% | 0.51% | 0.62% | 0.19% | 2.36% | 0.8% | 13.3% | 11.18% | 6.8% |
| Acquisitions | 0 | 66.3K | -1.67M | -18K | -57.89M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -84K | -194K | 7.58M | 0 | 0 | 0 | 398K |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 139.15K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 176K | 23K | 21.08M | 0 | -87.79K | 44.9K | -1K | 1K | 0 | 0 | 0 |
| Cash from Financing | -9.26M | 3.6M | 11.95M | -2.76M | -6.72M | -2.2M | -1.46M | -28.27M | -2.47M | -1.02M | 5.24M | -2.63M | -2.63M | 278K | -1.92M | -451K | -2.89M | -232.59K | -22.57M | -2.38M |
| Debt Issued (Net) | 0 | 0 | 0 | -1.07M | -715K | -1.52M | -304.62K | -30.07M | -1.03M | -1.28M | -1.01M | -1.26M | -1.21M | -926K | -791K | -787K | -807K | 0 | 0 | -554K |
| Equity Issued (Net) | 3.89M | 5.25M | 13.33M | 0 | 0 | 0 | 26.75K | 2.57M | 0 | 0 | 0 | 0 | 695K | 1.16M | 818K | 288K | 18K | 474.31K | 3.19M | 674K |
| 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 | -13.15M | -1.65M | -1.38M | -1.69M | -6M | -688K | -1.18M | -768.84K | -1.44M | 259K | 6.25M | -1.37M | -2.12M | 47K | -1.95M | 48K | -2.1M | -706.9K | -25.76M | -2.5M |
| Net Change in Cash | -92.96M | 13M | 38.24M | 32M | 5.15M | -5.72M | 13.52M | -4.75M | -9.85M | 7.09M | -50.37M | 7.59M | -22.56M | 18.64M | -1.26M | 290K | -2.25M | 7.85M | -18.3M | 1.47M |
| Free Cash Flow | 1.39M | 7.12M | 29.94M | 11.62M | -56K | 9.2M | 9.34M | -13.39M | -7.73M | 11.25M | 3.38M | -10.39M | -23M | 5.36M | 12.51M | 2.81M | 234K | 12.2M | 5.54M | 4.1M |
| FCF Margin % | 1.91% | 0.01% | 30.78% | 12.46% | -0.07% | 9.92% | 12.48% | -18.08% | -13.9% | 13.85% | 5.07% | -18.93% | -54.07% | 10.51% | 22.61% | 5.61% | 0.5% | 26.66% | 13% | 9.41% |
| FCF Growth % | 2578.63% | -22.55% | 220.63% | 186.76% | 99.28% | -18.24% | 176.28% | -28.82% | 66.4% | 109.85% | -72.99% | -469.17% | -9929.06% | -56.06% | - | -49.14% | -94.29% | -40.7% | -72.99% | -78.56% |
| FCF per Share | 0.02 | 0.09 | 0.45 | 0.17 | -0.00 | 0.14 | 0.14 | -0.16 | -0.09 | 0.13 | 0.04 | -0.16 | -0.28 | 0.07 | 0.14 | 0.03 | 0.00 | 0.14 | 0.07 | 0.05 |
| FCF Conversion (FCF/Net Income) | -0.31x | 0.00x | 3.98x | 2.50x | -0.02x | 3.26x | -9.39x | 10.99x | 0.61x | -3.71x | 1.02x | -7.29x | 1.87x | -0.42x | 1.36x | 0.25x | 0.18x | 8.31x | 1.78x | 0.83x |
| 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 |