Masimo Corporation (MASI) quarterly cash flow statement — complete operating, investing & financing history
| Metric | 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 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 46.8M | 60.5M | 56.8M | 69.4M | 31.1M | 50.5M | 25.6M | 74.5M | 45.8M | 77.1M | -7M | 23.6M | 400K | -6.6M | 10.4M | 2.4M | 23.2M | 97.6M | 81.9M | 25.94M |
| Operating CF Margin % | 11.6% | 14.67% | 15.29% | 18.71% | 8.36% | 8.41% | 5.07% | 21.66% | 13.49% | 14.05% | -1.46% | 5.18% | 0.07% | -1.07% | 1.89% | 0.42% | 7.63% | 29.8% | 26.64% | 8.5% |
| Operating CF Growth % | 50.48% | 19.8% | 121.88% | -6.85% | -32.1% | -34.5% | 465.71% | 215.68% | 11350% | 1268.18% | -167.31% | 883.33% | -98.28% | -106.76% | -87.3% | -90.75% | -60.85% | 51.52% | 102.3% | -59.28% |
| Net Income | 57.1M | 497.7M | 53.7M | 44.9M | 47.2M | -349.6M | -12.2M | 24.8M | 32.1M | 33.9M | 10.6M | 15.7M | 21.3M | 40.9M | 37.9M | 18.1M | 46.6M | 68.26M | 57.8M | 50.22M |
| Depreciation & Amortization | 8.1M | 13.6M | 8.1M | 8.4M | 8.6M | 30.8M | 51.8M | 10.4M | 10M | 22.5M | 24.5M | 25.2M | 26.1M | 79.5M | -23.3M | 70.8M | 9.1M | 9.17M | 9.2M | 8.81M |
| Stock-Based Compensation | 8.9M | 8.9M | 0 | 8.5M | 9.1M | 11.9M | 9M | 11.9M | 8.7M | 9.4M | -1.1M | -8.6M | 7.3M | 6M | 13.5M | 17.3M | 10.9M | 11.09M | 12.6M | 8.19M |
| Deferred Taxes | 0 | 5.9M | 0 | 0 | 5.9M | 0 | 0 | 0 | 0 | 0 | 0 | 100K | 0 | 0 | 0 | 0 | 0 | -15.09M | 0 | 0 |
| Other Non-Cash Items | -27.3M | -433.9M | 13.5M | 13.7M | -6.1M | 365.5M | -13.9M | 8.1M | 7.8M | -31.9M | 8.7M | 400K | 900K | -38.3M | 1M | 500K | 700K | 276K | 200K | 622K |
| Working Capital Changes | 0 | -31.7M | -18.5M | -6.1M | -33.6M | -8.1M | -9.1M | 19.3M | -12.8M | 43.2M | -49.7M | -9.2M | -55.2M | -94.7M | -18.7M | -104.3M | -44.1M | 23.89M | 2.1M | -41.9M |
| Change in Receivables | 32.4M | 18.4M | 6.7M | -3.9M | -4M | -57.9M | 5.6M | 6M | -13.9M | 13.9M | -13.5M | 61.1M | 26M | -78.7M | -26.2M | -46.6M | 200K | -16.58M | -14.1M | -52.1M |
| Change in Inventory | -22.4M | -49.4M | -31M | -25.1M | -6.6M | 32.6M | -35.4M | -7.5M | 2.8M | 23.9M | -47.6M | -38.4M | -7.1M | -84.9M | -3.2M | -55.4M | -12.4M | 1.16M | 3.7M | 9.52M |
| Change in Payables | -31.7M | -13.5M | -16.3M | 8.8M | -6.1M | -14.6M | 46M | -8.8M | -7.8M | -23.2M | 15.4M | 15.3M | -27.1M | -9.1M | 29.2M | 31.2M | 9.2M | 15.28M | -6.3M | 2.6M |
| Cash from Investing | -4.2M | -8.7M | 282.3M | -9.2M | 10.7M | -16.5M | -13.5M | -2.3M | -18.9M | -25.3M | -22.4M | -22.4M | -11.1M | -22.8M | -7.7M | -1B | -23.9M | -6.06M | -14.3M | -6.72M |
| Capital Expenditures | -4.3M | -7.1M | -7.1M | -3.8M | -2.6M | 4.5M | -14.8M | -3.6M | -6.1M | -10.9M | -12.7M | -22.1M | -8.5M | -16.8M | -6M | -9.5M | -20.5M | -4.82M | -6.5M | -5.3M |
| CapEx % of Revenue | 1.07% | 1.72% | 1.91% | 1.02% | 0.7% | 0.75% | 2.93% | 1.05% | 1.8% | 1.99% | 2.65% | 4.85% | 1.5% | 2.72% | 1.09% | 1.68% | 6.74% | 1.47% | 2.11% | 1.74% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.5M | -14.7M | 500K | -985.5M | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 100K | -1.6M | 289.4M | -5.4M | 13.3M | -21M | 1.3M | 1.3M | -12.8M | -14.4M | -9.7M | -300K | -10.1M | 8.7M | -2.2M | -8.3M | -3.4M | -1.24M | -7.8M | -1.43M |
| Cash from Financing | 0 | -214.6M | -218.4M | -39.9M | -47.8M | -6.5M | -1.6M | -91M | -26.5M | -36.3M | 19.3M | -4.9M | -35.2M | -4.7M | 29.3M | 518M | -22.2M | 4.26M | 9.9M | 3.35M |
| Debt Issued (Net) | 0 | -35.3M | -56M | -37.7M | -78.8M | -4.8M | -13.7M | -92.9M | -27.9M | -36.4M | 18.6M | -5.4M | -28M | -5.8M | 27.4M | 926.9M | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 0 | -174.9M | -159.9M | -600K | 43.1M | 3.8M | 11.5M | 2.8M | 7.1M | 300K | 700K | 1.1M | 4.9M | 1.1M | 2.3M | -400M | 3.2M | 4.27M | 9.9M | 3.36M |
| 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 | -186.7M | -163.3M | -13.7M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -100K | 0 | -401.4M | 0 | 0 | 0 | 17K |
| Other Financing | 0 | -4.4M | -2.5M | -1.6M | -12.1M | -5.5M | 600K | -900K | -5.7M | -200K | 0 | -600K | -12.1M | 0 | -400K | -8.9M | -25.4M | -4K | 0 | -9K |
| Net Change in Cash | 0 | -162.4M | 162.4M | 20.6M | -4.9M | 17.7M | 28.1M | -28.4M | -4.2M | 35.9M | -26.3M | -22.5M | -28.5M | -12.5M | 1.5M | -502.4M | -25.4M | 94.44M | 76.6M | 23.08M |
| Free Cash Flow | 42.5M | 53.4M | 50.9M | 64.5M | 27M | 47.5M | -4.7M | 67.4M | 35.1M | 51.8M | -29.1M | 1.5M | -17.8M | -13M | 1M | -15.1M | 200K | 91.54M | 70.2M | 19.21M |
| FCF Margin % | 10.53% | 12.95% | 13.7% | 17.39% | 7.26% | 7.91% | -0.93% | 19.6% | 10.34% | 9.44% | -6.08% | 0.33% | -3.15% | -2.11% | 0.18% | -2.67% | 0.07% | 27.94% | 22.84% | 6.3% |
| FCF Growth % | 57.41% | 12.42% | 1182.98% | -4.3% | -23.08% | -8.3% | 83.85% | 4393.33% | 297.19% | 498.46% | -3010% | 109.93% | -9000% | -114.2% | -98.58% | -178.58% | -99.59% | 82.2% | 131.76% | -58.46% |
| FCF per Share | 0.81 | 0.99 | 0.94 | 1.18 | 0.49 | 0.89 | -0.09 | 1.24 | 0.65 | 0.96 | -0.54 | 0.03 | -0.33 | -0.24 | 0.02 | -0.27 | 0.00 | 1.58 | 1.22 | 0.33 |
| FCF Conversion (FCF/Net Income) | 0.82x | 0.89x | -0.57x | 1.35x | -0.18x | -0.14x | 2.61x | 4.66x | 2.42x | 2.27x | -0.66x | 1.50x | 0.02x | -0.16x | 0.27x | 0.13x | 0.50x | 1.43x | 1.42x | 0.52x |
| Interest Paid | 0 | 0 | 0 | 4.7M | 12M | 9.8M | 7.1M | 10.5M | 11.7M | 15.2M | 12.5M | 11.6M | 11.7M | 11.1M | 9M | 2.8M | 100K | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 22.3M | 5.5M | 1.8M | 14.6M | 17M | 8.5M | 15M | 15.4M | 13M | 11M | 16.2M | 31.4M | 33.9M | 5.8M | 0 | 0 | 0 |