UBS Group AG (UBS) quarterly cash flow statement — complete operating, investing & financing history
| Metric | 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 | Q1'21 |
|---|
| Cash from Operations | 3.87B | -3.91B | 5.51B | 15.38B | -12.68B | 4.1B | 314M | 11.54B | 37.94B | 30.47B | 42.77B | -25.11B | -353M | -3.15B | -9.13B | 27.28B | 10.13B | 23.43B | -2.5B | 362M |
| Operating CF Growth % | 130.49% | -195.37% | 1655.41% | 33.2% | -133.43% | -86.53% | -99.27% | 145.98% | 10847.03% | 1067.17% | 568.52% | -192.03% | -103.48% | -113.45% | -265.45% | 7435.64% | 193.71% | 422.12% | -150.47% | -98.99% |
| Net Income | 955.75M | 2.49B | 2.4B | 1.7B | 5.15B | 1.43B | 1.18B | 1.76B | -278M | -711M | 27.33B | 1.04B | 1.66B | 1.74B | 2.12B | 2.14B | 1.36B | 2.29B | 2.01B | 1.83B |
| Depreciation & Amortization | 686.87M | 904M | 898M | 861M | 994M | 1.01B | 903M | 895M | 1.41B | 950M | 866M | 525M | 544M | 508M | 503M | 506M | 574M | 518M | 510M | 516M |
| Deferred Taxes | 173.7M | 6M | -577M | -30M | -747M | 125M | -17M | 144M | -542M | -117M | -7M | -28M | -69M | 213M | 129M | 221M | 5M | 144M | 220M | 65M |
| Other Non-Cash Items | 2.06B | 3.6B | -13.06B | -5.92B | -15.36B | -8.31B | 320M | 12.78B | -8.05B | -2.06B | -26.39B | 2.02B | -3.77B | -3.45B | -3.28B | -3.3B | -1.29B | -1.63B | 1.76B | 5.06B |
| Working Capital Changes | -7.14M | -10.91B | 15.85B | 18.76B | -2.71B | 9.86B | -2.07B | -4.04B | 45.4B | 32.4B | 40.96B | -28.66B | 1.28B | -2.16B | -8.6B | 27.71B | 9.82B | 22.57B | -6.63B | -6.66B |
| Cash from Investing | -3.52B | -4.22B | -6.99B | -7.16B | -1.1B | -742M | 1.11B | 1.31B | 216M | -1.86B | 107.16B | -2.4B | -4B | -3.81B | -1.13B | -3.5B | -1.5B | -917M | 688M | -393M |
| Purchase of Investments | -6.79B | -7.75B | -11.95B | -10.02B | -2.12B | 141M | -999M | -1.37B | -2.61B | -4.09B | -3.29B | -3.12B | -4.59B | -5.11B | -2.88B | -4.19B | -3.1B | -1.17B | -574M | -1.38B |
| Sale/Maturity of Investments | 3.69B | 3.95B | 5.36B | 3.03B | 1.5B | -464M | 2.67B | 3.07B | 3.21B | 2.57B | 2.45B | 1.1B | 850M | 943M | 1.2B | 1.09B | 2.03B | 581M | 1.02B | 1.42B |
| Net Investment Activity | -3.1B | -3.8B | -6.58B | -6.99B | -625M | -323M | 1.67B | 1.7B | 601M | -1.52B | -838M | -2.02B | -3.74B | -4.17B | -1.68B | -3.1B | -1.07B | -587M | 450M | 40M |
| Acquisitions | 23M | 142M | 111M | 354M | 64.13M | 133M | 0 | 0 | 71M | 0 | 0 | 0 | 45M | 771M | 911M | 0 | 29M | 127M | 437M | -1M |
| Other Investing | 89.63M | 32M | 37M | 27M | 874K | 5M | -57.46M | 27M | 2M | 62M | 108.45B | -1M | 153M | 4M | 4M | 0 | 29M | 1M | 265M | 0 |
| Cash from Financing | -6.71B | -9.63B | -9.81B | -2.96B | -4.09B | -18.16B | -21.1B | -40.82B | -5.69B | -27.51B | -23.93B | -1.13B | -155M | -5.11B | 289M | -4.12B | 6.68B | -7.13B | -1.86B | 12.65B |
| Dividends Paid | 0 | 79.81M | -3.12B | 0 | -1.23M | 25.24M | -2.03B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.67B | 0 | 0 | 0 | -1.3B | 0 |
| Share Repurchases | -1.05B | -1.78B | -619.08M | -1.3B | -343.69M | -667.72M | -813M | -969.06M | -679M | 47.16M | 78.11M | -2.19B | -1.26B | -1.22B | -1.64B | -1.89B | -830M | -544M | -742M | -1.23B |
| Stock Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Stock Activity | -1.05B | -1.78B | -619.08M | -1.3B | -343.69M | -667.72M | -813M | -969.06M | -679M | 47.16M | 78.11M | -2.19B | -1.26B | -1.22B | -1.64B | -1.89B | -830M | -544M | -742M | -1.23B |
| Debt Issuance (Net) | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | 1000K | 1000K | -1000K | 1000K | -1000K | 1000K | -1000K | 1000K | 1000K |
| Other Financing | -606.76M | 851.19M | -233.12M | -1.21B | 1.03B | 671.48M | 1.42B | -1.24B | -240M | -207M | -1.83B | -126M | -134M | -130M | -127M | -225M | -137M | 141M | -130M | -157M |
| Net Change in Cash | -6.61B | -19.35B | 4.66B | 10.3B | -31.32B | -3.55B | -20.54B | -40.81B | 47.91B | -3.36B | 128.22B | -27.88B | 5.61B | -18.2B | -16.89B | 16.93B | 16.9B | 13.88B | -1.08B | 4.64B |
| Exchange Rate Effect | -245.08M | -1.58B | 15.95B | 5.04B | -13.45B | 11.24B | -881M | -12.85B | 15.45B | -4.46B | 2.21B | 747M | 10.13B | -6.13B | -6.92B | -2.73B | 1.59B | -1.51B | 2.59B | -7.98B |
| Cash at Beginning | 190.12B | 259.05B | 254.39B | 244.09B | 275.41B | 278.96B | 299.5B | 340.31B | 292.3B | 295.66B | 167.44B | 195.32B | 189.71B | 207.91B | 224.8B | 207.88B | 190.97B | 177.09B | 178.17B | 173.53B |
| Cash at End | 183.52B | 239.7B | 259.05B | 254.39B | 244.09B | 275.41B | 278.96B | 299.5B | 340.21B | 292.3B | 295.66B | 167.44B | 195.32B | 189.71B | 207.91B | 224.8B | 207.88B | 190.97B | 177.09B | 178.17B |
| Interest Paid | 8.38B | 9.77B | 9.09B | 10.51B | 0 | 13.24B | 0 | 12.12B | 12.43B | 11.94B | 5.75B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | 3.34B | -4.5B | 4.96B | 14.82B | -13.22B | 3.55B | -186M | 11.13B | 37.48B | 30.07B | 42.32B | -25.48B | -815M | -3.57B | -9.49B | 26.88B | 9.65B | 22.97B | -2.96B | -70M |
| FCF Growth % | 125.26% | -226.96% | 2767.2% | 33.13% | -135.27% | -88.21% | -100.44% | 143.68% | 4698.65% | 942.27% | 545.99% | -194.81% | -108.45% | -115.54% | -220.32% | 38495.71% | 229.78% | 395.59% | -165.94% | -100.2% |