Materialise N.V. (MTLS) quarterly cash flow statement — complete operating, investing & financing history
Materialise N.V. (MTLS) cash flow statement — 14-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 | 9.04M | 7.81M | 6.91M | 4.7M | 8.99M | -27K | 9.71M | 6.22M | 6.87M | 8.4M | 9.97M | 194K | 8.42M | 440.03K | 11.04M | -1.3M | 3.84M | 8.64M | 11.11M | 8.86M |
| Operating CF Margin % | 13.44% | 10.96% | 10.43% | 6.7% | 13.32% | -0.04% | 14.63% | 9.47% | 10.01% | 12.21% | 15.67% | 0.3% | 14.01% | 0.68% | 16.76% | -2.07% | 6.59% | 14.87% | 20.98% | 13.61% |
| Operating CF Growth % | 0.6% | 29016.66% | -28.82% | -24.44% | 30.82% | -100.32% | -2.58% | 3104.64% | -18.47% | 1808.98% | -9.72% | 114.93% | 119.4% | -94.9% | -0.6% | -114.65% | -12.49% | -2.65% | 162.61% | -41.77% |
| Net Income | 1.37M | 3.39M | 1.82M | 6.15M | 1.6M | 198K | -535K | 2.91M | 3.04M | 3.88M | 3.58M | -539K | 4.37M | -531.11K | 3.71M | -4.59M | 1.41M | 896K | 127K | 5.4M |
| Depreciation & Amortization | 5.3M | 6.52M | 5.65M | 5.55M | 4.76M | 5.17M | 5.49M | 5.55M | 5.46M | 5.31M | 5.44M | 5.36M | 5.99M | 5.86M | 5.31M | 6.37M | 5.38M | 5.37M | 5.44M | 6.07M |
| Stock-Based Compensation | 0 | 0 | 56K | 0 | 64.19K | 45K | 72K | 72K | 71K | 71K | 71K | 39K | 0 | 0 | 0 | -19K | -24K | -49K | -48K | 0 |
| Deferred Taxes | 122.55K | -311.16K | 663K | -679.39K | 481.43K | -523K | 228K | -870K | 122K | 952K | 510K | -819K | -388.47K | 589.6K | 717K | -409K | 499K | 583K | 302K | 633.44K |
| Other Non-Cash Items | -141.32K | -181.66K | 418K | 13.42K | -11.28K | 3.53M | 699K | -3.88M | 1.46M | -201K | -663K | 5.13M | -1.25M | -953.21K | 450K | 5.43M | -2.38M | -2.4M | -635K | -1.69M |
| Working Capital Changes | 2.39M | -1.6M | -1.69M | -6.34M | 2.08M | -8.45M | 3.76M | 2.44M | -3.29M | -1.6M | 1.03M | -8.97M | -302.55K | -4.53M | 851K | -8.09M | -1.04M | 4.23M | 5.92M | -1.54M |
| Change in Receivables | 4.27M | -265.82K | 50K | -8.52M | 3.56M | -2.39M | 4.49M | -2.7M | -1.47M | -578K | 3.71M | -12.3M | 5.13M | 1.02M | 3.33M | -4.51M | -1.82M | -3.31M | 4.51M | -3.88M |
| Change in Inventory | -804.11K | -318.84K | -1.93M | 666.65K | -957.66K | -1.45M | 948K | 300K | 357K | -1.02M | -10K | -55K | -904.81K | -193.33K | 262K | -655K | -1.52M | -1.48M | -1.36M | 435.34K |
| Change in Payables | -1.08M | -946.7K | 0 | -782.58K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.51M | -1.96M | -4.1M | -2.77M | 1.87M | 5.27M | 2.77M | 1.9M |
| Cash from Investing | 1.78M | -2.58M | -1.17M | -781.97K | -4.56M | -1.93M | -1.76M | -7.53M | -9.95M | -8.48M | -2.62M | -2.37M | -3.82M | -2.2M | -3.17M | -5.34M | -13.05M | -4.65M | -30.82M | -6.67M |
| Capital Expenditures | -2.13M | -2.02M | -969K | -4.32M | -4.12M | -4.22M | -1.4M | -7.34M | -6.83M | -7.95M | -2.52M | -2.37M | -4.29M | -2.33M | -3.27M | -5.29M | -9.44M | -6.55M | -3.5M | -5.17M |
| CapEx % of Revenue | 3.17% | 2.83% | 1.46% | 6.15% | 6.11% | 6.5% | 2.11% | 11.18% | 9.95% | 11.56% | 3.97% | 3.63% | 7.13% | 3.6% | 4.96% | 8.43% | 16.2% | 11.28% | 6.61% | 7.94% |
| Acquisitions | -50.79K | -152.36K | 0 | 153.54K | -202.12K | 0 | 0 | 0 | -2.85M | 185K | 0 | 0 | 465.48K | 128.94K | 99K | 62K | -3.75M | 1.8M | -27.41M | 1.17M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 3.97M | -396.78K | -202K | 3.38M | -229.01K | 2.29M | -357K | -189K | -266K | -715K | -99K | 1K | 1.08K | -11 | 3 | -115K | 137K | 90K | 93K | -2.66M |
| Cash from Financing | 8.89M | -4.67M | -6.98M | -1.85M | 8.57M | 15.51M | -5.83M | -12.57M | -6.09M | -2.99M | -6M | -4.03M | -7.23M | -4.18M | -7.02M | -4.47M | -6.8M | -3.78M | -7.45M | -2.27M |
| Debt Issued (Net) | 11.71M | -500.94K | -4.21M | -444.77K | 9.27M | -3.12M | -5.29M | -12.61M | -5.43M | -2.73M | -5.63M | -3.3M | -6.26M | -3.29M | -6.49M | -3.34M | -7.06M | -3.84M | -6.85M | -3.52M |
| Equity Issued (Net) | -2.03M | -2.98M | -2.32M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 23K | 0 | 0 | 0 | 1.56M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -2.03M | -2.98M | -2.32M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -798.03K | -1.19M | -455K | -1.41M | -697.43K | 18.63M | -545K | 38K | -662K | -267K | -364K | -736K | -974.76K | -888.12K | -525K | -1.16M | 263K | 52K | -602K | -302.68K |
| Net Change in Cash | 18.56M | -251.86K | -909K | 1.83M | 13M | 12.88M | 1.88M | -13.86M | -9.33M | -3.41M | 1.33M | -6.38M | -6.86M | -5.28M | 853K | -9.75M | -17.51M | -1.48M | -26.42M | -3.01M |
| Free Cash Flow | 7.49M | 5.94M | 5.44M | 1.06M | 4.4M | -4.76M | 7.88M | -1.54M | -459K | -58K | 7.14M | -2.26M | 5.65M | -1.54M | 7.77M | -6.58M | -5.6M | 2.09M | 7.61M | 5.26M |
| FCF Margin % | 11.13% | 8.34% | 8.21% | 1.51% | 6.52% | -7.34% | 11.87% | -2.35% | -0.67% | -0.08% | 11.22% | -3.45% | 9.4% | -2.37% | 11.8% | -10.5% | -9.61% | 3.6% | 14.37% | 8.07% |
| FCF Growth % | 70.23% | 224.99% | -30.92% | 168.52% | 1058.35% | -8100% | 10.39% | 31.6% | -108.12% | 96.23% | -8.17% | 65.74% | 200.96% | -173.7% | 2.13% | -225.27% | -592.61% | -69.59% | 242.73% | -54.51% |
| FCF per Share | 0.13 | 0.10 | 0.09 | 0.02 | 0.07 | -0.08 | 0.13 | -0.03 | -0.01 | -0.00 | 0.12 | -0.04 | 0.10 | -0.03 | 0.13 | -0.11 | -0.09 | 0.04 | 0.13 | 0.09 |
| FCF Conversion (FCF/Net Income) | 6.61x | 2.31x | 3.80x | 0.76x | 4.78x | -0.14x | -18.22x | 2.13x | 2.26x | 2.16x | 2.78x | -0.37x | 2.10x | -0.90x | 2.97x | 0.28x | 2.70x | 9.56x | 82.92x | 1.64x |
| 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 |