REV Group, Inc. (REVG) quarterly cash flow statement — complete operating, investing & financing history
| Metric | 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 | Q1'21 | Q4'20 |
|---|
| Cash from Operations | 60.3M | 117M | -13.1M | 68.6M | 14.4M | 40.1M | -69.7M | 53.1M | 65.2M | 15.1M | -6.9M | 32.1M | 32.1M | 31.1M | -3.7M | 57.7M | 63.5M | 35.2M | 1.9M | 30.7M |
| Operating CF Margin % | 9.35% | 18.6% | -2.49% | 11.47% | 2.49% | 6.5% | -11.89% | 7.66% | 9.59% | 2.22% | -1.18% | 5.15% | 5.4% | 5.4% | -0.69% | 9.78% | 10.7% | 5.47% | 0.34% | 4.98% |
| Operating CF Growth % | 318.75% | 191.77% | 81.21% | 29.19% | -77.91% | 165.56% | -910.14% | 65.42% | 103.12% | -51.45% | -86.49% | -44.37% | -49.45% | -11.65% | -294.74% | 87.95% | 2016.67% | -0.28% | 114.29% | 0.66% |
| Net Income | 29.1M | 19M | 18.2M | 41.7M | 18M | 15.2M | 182.7M | 29.7M | 14.9M | 14.2M | -13.5M | 8.7M | 9.5M | -2.3M | -700K | 8M | 23.8M | 20.6M | 2.7M | -10.2M |
| Depreciation & Amortization | 6M | 6.1M | 6M | 6M | 6.4M | 6.5M | 6.5M | 6.5M | 6.3M | 6.5M | 6.9M | 7.1M | 6.9M | 8.7M | 9.6M | 7.8M | 7.5M | 8.1M | 8.6M | 9.3M |
| Stock-Based Compensation | 3.3M | 3.2M | 2.6M | 4.9M | 1.9M | 3M | 2.9M | 3.4M | 3.5M | 1.6M | 5.9M | 2.4M | 1.8M | 2.2M | 2.3M | 2.4M | 2M | 1.5M | 1.9M | 600K |
| Deferred Taxes | -1.5M | -16.1M | 1.7M | -15.9M | -1.1M | 1M | 700K | -10.4M | -3.1M | 200K | 500K | -2.7M | 200K | 300K | 1.7M | 700K | -900K | 1.2M | 1.3M | -36.1M |
| Other Non-Cash Items | 7M | 30.7M | 400K | -28.4M | -600K | -1M | -244.5M | -600K | 300K | 1.7M | 500K | 900K | 500K | 300K | 300K | 400K | -700K | 600K | 600K | 13.8M |
| Working Capital Changes | 16.4M | 74.1M | -42M | 60.3M | -10.2M | 15.4M | -18M | 24.5M | 43.3M | -9.1M | -7.2M | 15.7M | 13.4M | 21.9M | -16.9M | 38.4M | 31.8M | 3.2M | -13.2M | 53.3M |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -12.4M | 0 | 0 | 0 | -1.8M | 0 | 0 | 0 | 12M | 0 | 0 | 0 | 44.1M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -30.7M | 0 | 0 | -149.5M | -149.5M | 0 | 0 | 0 | 52.8M | 0 | 0 | 0 | 27.1M |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 44.4M | 0 | 0 | 47.8M | 47.8M | 0 | 0 | 0 | -49.7M | 0 | 0 | 0 | -36.7M |
| Cash from Investing | -9.8M | -11.1M | -4.8M | 46.7M | -100K | 4.2M | 297.7M | -11.9M | -9.1M | -5.9M | -3M | -3.5M | -5.4M | -1.5M | -4.4M | -10.8M | -2.7M | -3.8M | 7.1M | 11.9M |
| Capital Expenditures | -11.6M | -11.4M | -4.9M | -5.3M | -5.9M | -5.9M | -10.5M | -13.1M | -9.1M | -6.8M | -3.8M | -8.9M | -7.4M | -4M | -4.5M | -10.8M | -5.3M | -5.7M | -2.9M | -3.8M |
| CapEx % of Revenue | 1.8% | 1.81% | 0.93% | 0.89% | 1.02% | 0.96% | 1.79% | 1.89% | 1.34% | 1% | 0.65% | 1.43% | 1.24% | 0.69% | 0.84% | 1.83% | 0.89% | 0.89% | 0.52% | 0.62% |
| Acquisitions | 0 | 0 | 0 | 52M | 1.4M | 10M | 308.2M | 600K | 0 | 300K | 200K | 5.4M | 200K | 2.5M | 100K | 2M | 600K | 1.9M | 400K | 11.1M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 1.8M | 300K | 100K | 0 | 4.4M | 100K | 0 | 600K | -600K | 900K | -1M | 3.6M | 200K | 2.5M | 100K | -2M | 2.6M | 1.9M | 9.6M | 4.6M |
| Cash from Financing | -43.3M | -108.7M | 24.9M | -141.2M | -2M | -94M | -161.4M | -30.9M | -54.1M | -23.2M | 12.5M | -23M | -17.8M | -37.6M | 8.7M | -42.8M | -59.3M | -32.8M | -11.3M | -48.5M |
| Debt Issued (Net) | -40M | -10M | 55M | -130M | -5M | 220M | -150M | -29M | -51M | -20M | 20M | -20M | 7M | -13M | 41M | -35M | -56M | -293M | -10.4M | -35.5M |
| Equity Issued (Net) | 0 | -1000K | -1000K | -1000K | 0 | -1000K | 0 | 100K | 0 | 0 | 0 | 300K | -1000K | -1000K | -1000K | -1000K | 0 | 0 | 0 | 800K |
| Dividends Paid | -3M | -3.1M | -3.9M | -3.4M | -3.1M | -182.4M | -3.1M | -3M | -3M | -3M | -3.1M | -3M | -3M | -3.1M | -3.3M | -3.3M | -3.3M | 0 | 0 | 0 |
| Share Repurchases | 0 | -88.4M | -19.2M | -11.5M | 0 | -126.1M | 0 | 0 | 0 | 0 | 0 | 0 | -24.1M | -21.5M | -24.4M | -3.9M | 0 | 0 | 0 | 0 |
| Other Financing | -300K | -7.2M | -7M | 3.7M | 6.1M | -5.5M | -8.3M | 1M | -100K | -200K | -4.4M | -300K | 2.3M | 0 | -4.6M | -600K | 0 | 260.2M | -900K | -13.8M |
| Net Change in Cash | 7.2M | -2.8M | 7M | -25.9M | 12.3M | -49.7M | 66.6M | 10.3M | 2M | -14M | 2.6M | 5.6M | 8.9M | -8M | 600K | 4.1M | 1.5M | -1.4M | -2.3M | -5.9M |
| Free Cash Flow | 48.7M | 105.6M | -18M | 63.3M | 8.5M | 34.2M | -80.2M | 40M | 56.1M | 8.3M | -10.7M | 23.2M | 24.7M | 27.1M | -8.2M | 46.9M | 58.2M | 29.5M | -1M | 26.9M |
| FCF Margin % | 7.55% | 16.79% | -3.43% | 10.59% | 1.47% | 5.54% | -13.69% | 5.77% | 8.25% | 1.22% | -1.83% | 3.72% | 4.15% | 4.7% | -1.53% | 7.95% | 9.81% | 4.58% | -0.18% | 4.36% |
| FCF Growth % | 472.94% | 208.77% | 77.56% | 58.25% | -84.85% | 312.05% | -649.53% | 72.41% | 127.13% | -69.37% | -30.49% | -50.53% | -57.56% | -8.14% | -720% | 74.35% | 11540% | -3.91% | 94.79% | 13.03% |
| FCF per Share | 0.99 | 2.09 | -0.33 | 1.21 | 0.16 | 0.64 | -1.34 | 0.67 | 0.95 | 0.14 | -0.18 | 0.39 | 0.41 | 0.44 | -0.13 | 0.72 | 0.89 | 0.45 | -0.02 | 0.43 |
| FCF Conversion (FCF/Net Income) | 2.07x | 6.16x | -0.72x | 1.65x | 0.80x | 2.64x | -0.38x | 1.79x | 4.38x | 1.06x | 0.51x | 3.69x | 3.38x | -13.52x | 5.29x | 577.00x | 2.68x | 1.71x | - | -3.01x |
| Interest Paid | 4.6M | 4.1M | 0 | 6M | 6.5M | 0 | 0 | 5.7M | 6.1M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.7M | 2.3M |
| Taxes Paid | 14.5M | 0 | 0 | 38.7M | 27.1M | 0 | 0 | 1.8M | 6.4M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11.5M | 5.1M |