Bristol-Myers Squibb Company (BMY) quarterly cash flow statement — complete operating, investing & financing history
Bristol-Myers Squibb Company (BMY) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q3'26 | 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 | 4.18B | 3.39B | 1.1B | 1.97B | 6.31B | 3.92B | 1.95B | 4.44B | 5.59B | 2.33B | 2.83B | 4.25B | 4.75B | 1.89B | 2.97B | 3.31B | 3.69B | 2.26B | 3.81B | 4.06B |
| Operating CF Margin % | 31.99% | 26.15% | 9.61% | 15.79% | 51.64% | 31.93% | 17.44% | 35.97% | 47.01% | 19.06% | 23.89% | 37.05% | 43.32% | 16.81% | 26.2% | 28.98% | 32.87% | 19.02% | 32.73% | 33.85% |
| Operating CF Growth % | -33.75% | -13.38% | -43.5% | -55.53% | 12.88% | 68.4% | -31.05% | 4.4% | 17.68% | 23.26% | -4.58% | 28.61% | 28.86% | -16.54% | -22.09% | -18.51% | -29.98% | -26.11% | -0.31% | 10.54% |
| Net Income | 2.16B | 3.32B | 2.68B | 1.08B | 2.19B | 1.31B | 2.46B | 76M | 1.22B | 1.68B | -11.91B | 1.76B | 1.93B | 2.08B | 2.27B | 2.02B | 1.61B | 1.43B | 1.28B | 2.37B |
| Depreciation & Amortization | 626M | 594M | 594M | 977M | 1.01B | 1.01B | 1.01B | 1.88B | 2.59B | 2.6B | 2.53B | 2.46B | 2.44B | 2.43B | 2.43B | 2.52B | 2.59B | 2.58B | 2.58B | 2.58B |
| Stock-Based Compensation | 138M | 135M | 146M | 133M | 139M | 137M | 144M | 120M | 129M | 125M | 133M | 127M | 132M | 137M | 122M | 119M | 115M | 116M | 107M | 133M |
| Deferred Taxes | -510M | -195M | 161M | -392M | -359M | -437M | 223M | -791M | -256M | -331M | -711M | -1.33B | -327M | -1.09B | -548M | -624M | -645M | -782M | -687M | -1.27B |
| Other Non-Cash Items | 1.57B | 167M | 527M | 1.82B | 270M | 1.88B | -16M | 1.88B | 204M | 623M | 12.59B | 371M | 286M | 27M | 60M | -277M | -143M | 488M | 887M | 295M |
| Working Capital Changes | 193M | -624M | -3B | -1.65B | 3.06B | 15M | -1.87B | 1.28B | 1.71B | -2.37B | 198M | 855M | 291M | -1.7B | -1.36B | -458M | 164M | -1.57B | -362M | -56M |
| Change in Receivables | -95M | -1.18B | 1.69B | 19M | 155M | -484M | 15M | 143M | 661M | -1.02B | 479M | -508M | -247M | -65M | -175M | -106M | -674M | -669M | 786M | -168M |
| Change in Inventory | 133M | -36M | 14M | 71M | -90M | 4M | -169M | 175M | -218M | -225M | -218M | -197M | -256M | -16M | -282M | -41M | -16M | -13M | 1M | -128M |
| Change in Payables | 252M | -29M | 409M | -90M | 160M | 13M | -85M | 517M | -374M | -259M | 300M | 444M | -268M | -165M | 187M | 405M | -300M | -19M | 23M | 226M |
| Cash from Investing | -2.1B | -1.61B | -131M | -1.46B | -1.7B | -473M | -499M | -196M | -219M | -1.32B | -19.62B | -1.35B | -410M | -329M | -210M | 1.21B | -2.08B | -289M | 95M | 401M |
| Capital Expenditures | -344M | -305M | -347M | -370M | -320M | -361M | -260M | -378M | -324M | -262M | -284M | -330M | -342M | -259M | -278M | -346M | -247M | -272M | -253M | -320M |
| CapEx % of Revenue | 2.63% | 2.35% | 3.02% | 2.96% | 2.62% | 2.94% | 2.32% | 3.06% | 2.72% | 2.15% | 2.39% | 2.88% | 3.12% | 2.31% | 2.45% | 3.03% | 2.2% | 2.29% | 2.17% | 2.67% |
| Acquisitions | -1.11B | -91M | -65M | -1.43B | -2.39B | -15M | 165M | 286M | -93M | -1.1B | -19.81B | -340M | -79M | 10M | 149M | 374M | -3.04B | -275M | -40M | 26M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -9M | 247M | 312M | 0 | 792M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | -1.22B | -2.63B | -1.56B | -6.03B | -1.49B | -1.84B | -993M | -1.64B | -3.85B | -4.02B | 14.64B | 967M | -5.16B | -2.17B | -3.05B | -3.25B | -4.54B | -3.52B | -5.65B | -3.97B |
| Debt Issued (Net) | -1M | -1.35B | -179M | -4.73B | -224M | -585M | 368M | -405M | -2.65B | -2.8B | 15.95B | 2.1B | -10M | -124M | -1.51B | 136M | -2.86B | -2.79B | 199M | -114M |
| Equity Issued (Net) | 0 | 7M | -98M | -33M | -3M | 11M | -103M | -19M | 0 | 0 | 0 | 0 | -4B | -905M | -250M | -2.42B | -585M | 0 | -5B | -2.75B |
| Dividends Paid | -1.29B | -1.29B | -1.28B | -1.26B | -1.26B | -1.26B | -1.26B | -1.22B | -1.22B | -1.22B | -1.21B | -1.16B | -1.19B | -1.2B | -1.2B | -1.15B | -1.15B | -1.15B | -1.19B | -1.1B |
| Share Repurchases | 0 | 0 | -98M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4B | -905M | -250M | -2.42B | -585M | 0 | -5B | -2.75B |
| Other Financing | 66M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16M | -6M | -97M | 25M | 41M | 53M | -92M | 179M | 53M | 419M | 333M | -3M |
| Net Change in Cash | 852M | -861M | -635M | -5.51B | 3.12B | 1.74B | 528M | 2.45B | 1.6B | -3.04B | -2.19B | 3.95B | -857M | -623M | -277M | 1.37B | -3B | -1.62B | -1.74B | 437M |
| Free Cash Flow | 3.84B | 3.09B | 757M | 1.6B | 5.99B | 3.56B | 1.69B | 4.06B | 5.27B | 2.06B | 2.55B | 3.92B | 4.41B | 1.63B | 2.69B | 2.96B | 3.44B | 1.99B | 3.56B | 3.74B |
| FCF Margin % | 29.36% | 23.8% | 6.59% | 12.83% | 49.02% | 28.98% | 15.12% | 32.9% | 44.29% | 16.92% | 21.49% | 34.17% | 40.21% | 14.5% | 23.75% | 25.95% | 30.66% | 16.73% | 30.55% | 31.18% |
| FCF Growth % | -35.95% | -13.16% | -55.31% | -60.5% | 13.75% | 72.29% | -33.57% | 3.54% | 19.46% | 26.78% | -5.27% | 32.5% | 28.17% | -18.15% | -24.36% | -20.79% | -31.14% | -30.21% | -2.52% | 10.33% |
| FCF per Share | 1.87 | 1.51 | 0.37 | 0.79 | 2.94 | 1.74 | 0.83 | 1.99 | 2.59 | 1.02 | 1.26 | 1.93 | 2.14 | 0.77 | 1.27 | 1.39 | 1.60 | 0.93 | 1.64 | 1.68 |
| FCF Conversion (FCF/Net Income) | 1.93x | 1.02x | 0.41x | 1.82x | 2.87x | 2.99x | 0.80x | 61.65x | 4.62x | 1.38x | -0.24x | 2.41x | 2.46x | 0.91x | 1.31x | 1.64x | 2.30x | 1.59x | 2.98x | 1.71x |
| 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 |