Surmodics, Inc. (SRDX) 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 | 1.41M | 949K | -7.89M | 3.66M | -2.03M | 7.42M | -8.79M | 1.25M | 25.89M | -5.83M | -10.8M | -2.5M | -3.5M | -4.2M | -7.03M | 889K | 2.75M | 16.02M | -4.27M | 1.31M |
| Operating CF Margin % | 4.75% | 3.38% | -26.38% | 11.01% | -6.7% | 23.2% | -28.78% | 4.47% | 49.33% | -21.42% | -43.32% | -9.62% | -14.07% | -16.09% | -30.54% | 3.71% | 11.54% | 45.76% | -19.15% | 5.83% |
| Operating CF Growth % | 169.11% | -87.2% | 10.21% | 192.64% | -107.85% | 227.3% | 18.61% | 150% | 840.38% | -38.69% | -53.74% | -381.21% | -226.93% | -126.23% | -64.54% | -32.34% | -75.92% | 639.38% | -369.75% | -89.5% |
| Net Income | -5.32M | -5.21M | -3.65M | -3.45M | -7.55M | 247K | -786K | 6.69M | 7.35M | -7.73M | -7.84M | -14.73M | -5.65M | -4.08M | -2.81M | -289K | -3.29M | 8.09M | -274K | -2.95M |
| Depreciation & Amortization | 2.1M | 2.14M | 2.08M | 2.14M | 2.13M | 2.1M | 2.33M | 2.16M | 2.15M | 2.09M | 2.12M | 2.24M | 2.21M | 2.32M | 2.38M | 2.41M | 1.84M | 1.91M | 1.86M | 1.87M |
| Stock-Based Compensation | 1.34M | 1.36M | 1.74M | 2.08M | 2.04M | 2.13M | 1.97M | 1.94M | 1.92M | 1.78M | 1.97M | 1.86M | 1.8M | 1.72M | 1.68M | 1.54M | 1.46M | 1.43M | 1.43M | 1.42M |
| Deferred Taxes | 0 | -53K | -68K | -58K | -73K | -92K | -97K | 6K | 30K | -110K | -107K | 8.26M | -1.42M | -937K | -640K | 704K | 139K | 498K | 310K | -1.73M |
| Other Non-Cash Items | 228K | 260K | 365K | 164K | 94K | 158K | 142K | 123K | -513K | 356K | 374K | 224K | 216K | 248K | 172K | 229K | 91K | 78K | 80K | 118K |
| Working Capital Changes | 3.05M | 2.45M | -8.37M | 2.78M | 1.33M | 2.88M | -12.35M | -9.67M | 14.96M | -2.21M | -7.31M | -359K | -648K | -3.47M | -7.8M | -3.71M | 2.51M | 4.02M | -7.68M | 2.58M |
| Change in Receivables | -1.08M | 1.57M | 435K | 297K | -1.2M | -907K | -3.43M | 3.26M | 2.73M | -2.89M | 546K | 847K | -2.39M | -3.64M | 1.55M | 1.91M | 2.72M | -1.08M | -830K | -842K |
| Change in Inventory | 304K | -799K | -93K | 238K | -1K | -966K | 401K | -230K | -842K | -1.04M | -905K | -893K | -1.46M | -1.14M | -1.57M | -480K | 11K | -113K | -236K | -44K |
| Change in Payables | 2.77M | 545K | -216K | -417K | 181K | 432K | -428K | 486K | -948K | 1.53M | -1.25M | 1.26M | -138K | 287K | 200K | 291K | 276K | 182K | -485K | 6K |
| Cash from Investing | -4.93M | -2.28M | 3.7M | 9.46M | -6.72M | 2.8M | -8.47M | -4.65M | -470K | -723K | -977K | 1.43M | -861K | 2.44M | 3.22M | -41.88M | 11.17M | -4.4M | 9.87M | -7.2M |
| Capital Expenditures | -501K | -319K | -302K | -542K | -959K | -1.27M | -720K | -748K | -470K | -723K | -977K | -572K | -861K | -1.16M | -782K | -2.4M | -901K | -654K | -2.32M | -1.04M |
| CapEx % of Revenue | 1.69% | 1.14% | 1.01% | 1.63% | 3.16% | 3.98% | 2.36% | 2.67% | 0.9% | 2.66% | 3.92% | 2.2% | 3.46% | 4.42% | 3.4% | 10.03% | 3.77% | 1.87% | 10.4% | 4.63% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 7.75M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 43.32M | 0 | 0 | 1M | 9.07M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | -7.75M | 0 | 0 | 0 | 0 | 2M | 0 | 3.6M | 4M | -39.55M | 12.07M | -3.75M | -1M | -9.07M |
| Cash from Financing | -29K | 48K | -1.2M | -1.56M | 66K | -405K | -1.05M | 419K | -19K | -794K | 18.8M | 298K | -13K | -37K | -623K | 10.03M | 55K | 933K | -790K | 160K |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -258K | 19.66M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | -1K | 64K | 105K | 553K | 93K | 531K | 39K | 449K | 0 | -14K | 347K | 483K | 22K | 511K | 230K | -472K | 91K | 2.53M | 6K | 446K |
| 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 | -16K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -28K | -16K | -1.31M | -2.12M | -27K | -936K | -1.09M | -30K | -19K | -522K | -1.21M | -185K | -35K | -548K | -853K | 10.5M | -36K | -1.6M | -796K | -286K |
| Net Change in Cash | -2.9M | -962K | -5.97M | 11.81M | -8.73M | 9.68M | -18.06M | -3.16M | 25.4M | -7.25M | 7.43M | -1.08M | -4.64M | -1.94M | -4.5M | -31.02M | 14.02M | 12.4M | 4.97M | -5.6M |
| Free Cash Flow | 904K | 630K | -8.2M | 3.12M | -2.99M | 6.14M | -9.51M | 502K | 25.42M | -6.55M | -11.78M | -3.07M | -4.36M | -5.36M | -7.81M | -1.52M | 1.85M | 15.36M | -6.59M | 270K |
| FCF Margin % | 3.06% | 2.24% | -27.39% | 9.38% | -9.86% | 19.23% | -31.13% | 1.79% | 48.44% | -24.08% | -47.24% | -11.82% | -17.53% | -20.51% | -33.94% | -6.32% | 7.77% | 43.89% | -29.55% | 1.2% |
| FCF Growth % | 130.21% | -89.75% | 13.84% | 520.72% | -111.77% | 193.83% | 19.25% | 116.34% | 683.32% | -22.28% | -50.86% | -102.64% | -335.06% | -134.86% | -18.5% | -661.48% | -83.33% | 906.62% | -155.39% | -97.27% |
| FCF per Share | 0.06 | 0.04 | -0.58 | 0.22 | -0.21 | 0.43 | -0.67 | 0.04 | 1.81 | -0.47 | -0.84 | -0.22 | -0.31 | -0.38 | -0.56 | -0.11 | 0.13 | 1.10 | -0.48 | 0.02 |
| FCF Conversion (FCF/Net Income) | -0.26x | -0.18x | 2.16x | -1.06x | 0.27x | 30.02x | 11.19x | 0.19x | 3.52x | 0.75x | 1.38x | 0.17x | 0.62x | 1.03x | 2.50x | -3.08x | -0.84x | 1.98x | 15.58x | -0.45x |
| Interest Paid | 0 | 686K | 0 | 757K | 770K | 739K | 0 | 762K | 764K | 733K | 660K | 159K | 93K | 81K | 82K | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 2.33M | 0 | -1.68M | 1.34M | 338K | 0 | 2.6M | 241K | 5K | 5K | 21K | 3K | 389K | 3K | 125K | 19K | 7K | 9K | 21K |