TAL Education Group (TAL) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q4'26 | Q2'26 | 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 |
|---|
| Cash from Operations | -214.54M | -58.09M | 347.79M | -226.33M | 378.04M | -576K | 246.79M | -23.75M | 247.12M | -42.72M | 125.52M | -40.96M | 95.9M | -2.7M | -44.88M | -161.82M | 0 | 0 | 0 | -626.51M |
| Operating CF Margin % | -26.55% | -6.74% | 60.48% | -37.09% | 62.34% | -0.09% | 59.58% | -5.52% | 66.16% | -10.37% | 45.57% | -15.26% | 41.21% | -0.92% | -20.14% | -29.87% | - | - | - | -45.95% |
| Operating CF Growth % | 5.21% | -9985.94% | 40.92% | -853.14% | 52.98% | 98.65% | 96.62% | 42.03% | 157.7% | -1483.43% | 379.67% | 74.69% | - | - | - | 74.17% | -100% | 100% | -100% | -63.39% |
| Net Income | 246.51M | 124.08M | 31.28M | -7.31M | 23.08M | 57.43M | 11.4M | -3.57M | -23.95M | 37.9M | -45.04M | -39.42M | -51.58M | -787K | -43.83M | -108.12M | -99.37M | -826.55M | -102.08M | -143.05M |
| Depreciation & Amortization | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 29.87M | 0 | 0 | 0 | 40.7M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 160.99M |
| Stock-Based Compensation | 0 | 11.75M | 10.76M | 14.32M | 15.51M | 16.9M | 18.21M | 20.5M | 22M | 20.88M | 25.51M | 26.33M | 28.34M | 27.42M | 26.48M | 135K | 40.82M | 66.43M | 67.44M | 204.94M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -242.4M |
| Other Non-Cash Items | -461.06M | -193.93M | 305.74M | -181.83M | 378.04M | -74.91M | 217.19M | -31.76M | 249.07M | -101.51M | 145.04M | -27.87M | 119.13M | -29.34M | -27.53M | 107.99M | 58.55M | 760.11M | 34.63M | -819M |
| Working Capital Changes | 0 | 0 | 0 | -51.51M | 0 | 0 | 0 | -38.78M | 0 | 0 | 0 | -138.72M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 212M |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | -54.07M | 0 | 0 | 0 | -34.84M | 0 | 0 | 0 | -20.43M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -17M |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 229M |
| Cash from Investing | -477.27M | 563.33M | -527.31M | -314.29M | -214.44M | -193.67M | -124.64M | -38.89M | -208.85M | 181.89M | 160.91M | 23.15M | 99.21M | -372.65M | -51.34M | 2.31B | 0 | 0 | 0 | -1.94B |
| Capital Expenditures | -386.44K | 0 | 0 | 0 | 0 | 0 | 0 | -112.74M | 0 | 0 | 0 | -110.33M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -245.06M |
| CapEx % of Revenue | 0.05% | - | - | 18.31% | - | - | - | 26.2% | - | - | - | 41.1% | - | - | - | - | - | - | - | 17.97% |
| Acquisitions | 1.61M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -250K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3.85M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -478.5M | 563.33M | -527.31M | -314.29M | -214.44M | -193.67M | -124.64M | 73.85M | -208.85M | 181.89M | 160.91M | 23.15M | 99.21M | -372.65M | -51.34M | 2.31B | 0 | 0 | 0 | 846.65M |
| Cash from Financing | -19.94M | -281.88M | -254.1M | -55.1M | 48.73M | -6.8M | 5K | 206K | 207K | -82.27M | -151.24M | 51K | -11.93M | -4.54M | -49.77M | -4.8B | 0 | 0 | 0 | 3.3B |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | -645.91M | 0 | 0 | -12.74M | 0 | 0 | 0 | -233.56M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -646.49M | 0 | 0 | -13.15M | 0 | 0 | 0 | -233.56M | 0 | 0 | 0 | -66.37M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -9.85M |
| Other Financing | 625.97M | -281.88M | -254.1M | -42.36M | 48.73M | -6.8M | 5K | 233.76M | 207K | -82.27M | -151.24M | 51K | -11.93M | -4.54M | -49.77M | -4.8B | 0 | 0 | 0 | 3.3B |
| Net Change in Cash | -700.11M | 223.02M | -433.35M | -596.72M | 207.5M | -197.47M | 120.95M | -64.89M | 45.29M | 51.49M | 130.68M | -13.32M | 182.77M | -391.6M | -164.72M | -2.65B | -2.9B | 5.36B | -5B | 737.89M |
| Free Cash Flow | 0 | -58.09M | 347.79M | -338.06M | 378.04M | -576K | 246.79M | -136.48M | 247.12M | -42.72M | 125.52M | -151.29M | 95.9M | -2.7M | -44.88M | -161.82M | 0 | 0 | 0 | -871.57M |
| FCF Margin % | - | -6.74% | 60.48% | -55.4% | 62.34% | -0.09% | 59.58% | -31.71% | 66.16% | -10.37% | 45.57% | -56.36% | 41.21% | -0.92% | -20.14% | -29.87% | - | - | - | -63.92% |
| FCF Growth % | 100% | -9985.94% | 40.92% | -147.69% | 52.98% | 98.65% | 96.62% | 9.79% | 157.7% | -1483.43% | 379.67% | 6.51% | - | - | - | 81.43% | -100% | 100% | -100% | -55.21% |
| FCF per Share | - | -0.30 | 1.70 | -5.01 | 5.59 | -0.01 | 3.64 | -2.02 | 3.74 | -0.64 | 1.80 | -2.16 | 1.37 | -0.04 | -0.63 | -2.28 | - | - | - | -12.45 |
| FCF Conversion (FCF/Net Income) | -0.87x | -0.47x | 11.12x | 30.96x | 16.39x | -0.01x | 21.64x | -0.86x | -10.32x | -1.13x | -2.79x | 1.04x | -1.86x | 3.43x | 1.03x | 1.49x | - | - | - | 3.70x |
| 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 |