Pearson plc (PSO) quarterly cash flow statement — complete operating, investing & financing history
Pearson plc (PSO) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q2'26 | Q4'25 | Q2'25 | Q4'24 | Q2'24 | Q4'23 | Q2'23 | Q4'22 | Q2'22 | Q4'21 | Q2'21 | Q4'20 | Q2'20 | Q4'19 | Q2'19 | Q4'18 | Q2'18 | Q4'17 | Q2'17 | Q4'16 |
|---|
| Cash from Operations | 342M | 475.95M | 192M | 552M | 75M | 822M | 23M | 394M | -33M | 411M | -72M | 533M | -127M | 593M | -224M | 635M | -173M | 598M | -300M | 733M |
| Operating CF Margin % | 19.08% | 25.82% | 11.15% | 30.7% | 4.28% | 45.79% | 1.22% | 19.19% | -1.85% | 22.45% | -4.51% | 27.98% | -8.51% | 29.07% | -12.25% | 28.05% | -9.28% | 24.25% | -14.66% | 27.29% |
| Operating CF Growth % | 78.13% | -13.78% | 156% | -32.85% | 226.09% | 108.63% | 169.7% | -4.14% | 54.17% | -22.89% | 43.31% | -10.12% | 43.3% | -6.61% | -29.48% | 6.19% | 42.33% | -18.42% | 7.12% | 25.3% |
| Net Income | 205M | 169.95M | 164M | 353M | 157M | 192M | 186M | 106M | 136M | 142M | 17M | 262M | 48M | 217M | 49M | 400M | 188M | 423M | -17M | -2.12B |
| Depreciation & Amortization | 113M | 324.98M | 244M | 322M | 204M | 280M | 263M | 368M | 204M | 221M | 187M | 152M | 165M | 166M | 223M | 42M | 123M | 73M | 155M | 96M |
| Stock-Based Compensation | 22M | 0 | 22M | 21M | 23M | 10.5M | 9.5M | 20M | 18M | 6M | 8M | 8.5M | 6M | 5.5M | 19.5M | 18M | 19M | 14M | 19M | 6M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | -389.5M | -751.5M | 0 | 0 | -111M | 0 | 30M | 0 | -64M | -117M | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 2M | -88.54M | -202M | -136M | -264M | 564M | 577M | -180M | -360M | 345M | 378M | 10M | 357M | 274M | -286M | 102M | -459M | 47M | -330M | 2.58B |
| Working Capital Changes | 0 | 69.56M | -36M | -8M | -45M | 165M | -261M | 80M | -31M | 126M | -138M | 200M | -192M | 166M | -284M | 73M | -44M | 41M | -127M | 168M |
| Change in Receivables | 76M | -67.75M | -37M | 66M | -34M | -4M | -20M | 19M | 14M | -89M | 18M | -101M | 100M | 58M | 1M | 1M | -16M | 79M | 54M | 120M |
| Change in Inventory | -5M | 5.93M | -1M | 14M | 1M | 18M | -9M | 4.14M | -34M | 26M | -4M | 36M | -1M | 38M | -58M | 9M | -19M | 37M | -13M | 56M |
| Change in Payables | -45M | 152.19M | 0 | 328M | -328M | 167M | -187M | 0 | 0 | 193M | -156M | 248M | -274M | 70M | -227M | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | -63M | -227.17M | -24M | -50M | -81M | -367M | -254M | 165M | -152M | -10M | -83M | 11M | 563M | -164M | -161M | 93M | 118M | 718M | -67M | -20M |
| Capital Expenditures | -26M | -73.51M | -14M | -15M | -18M | -363M | -63M | -36M | -21M | -106M | -70M | -56M | -78M | -98M | -95M | -38M | -32M | -50M | -32M | -43M |
| CapEx % of Revenue | 1.45% | 3.99% | 0.81% | 0.83% | 1.03% | 20.22% | 3.35% | 1.75% | 1.17% | 5.79% | 4.38% | 2.94% | 5.23% | 4.8% | 5.19% | 1.68% | 1.72% | 2.03% | 1.56% | 1.6% |
| Acquisitions | -4M | -162.74M | -4M | -8M | -38M | -13M | -191M | -7M | -221M | 41M | -13M | 42M | 52M | -40M | -146M | 0 | -5M | 1M | -12M | -3M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -32M | 9.23M | -6M | -34M | -11M | 7M | 8M | 208M | 90M | 15M | 6M | 28M | 13M | 15M | 44M | 131M | 155M | 767M | -23M | 26M |
| Cash from Financing | -269M | -288.63M | -329M | -277M | 36M | -499M | 49M | -391M | -413M | -105M | -309M | -101M | -198M | -367M | 265M | -457M | -272M | -1.17B | -585M | -178M |
| Debt Issued (Net) | 244M | -1.53M | 8M | 344M | 456M | -220M | 271.3M | -77.71M | -143M | 4.36M | -167M | -4M | 0 | -270M | 361M | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | -349M | -193.99M | -230M | -36M | -315M | -189M | -12.5M | -225M | -165M | -6M | -4M | -3M | -174M | -8M | -44M | 6M | -153M | -149M | 8M | -48M |
| Dividends Paid | -108M | -53.15M | -110M | -49M | -107M | -48M | -106M | -49M | -107M | -47M | -102M | -45M | -101M | -46M | -101M | -43M | -93M | -41M | -277M | -147M |
| Share Repurchases | -352M | -200.04M | -230M | -43M | -315M | -196M | -25M | -225M | -165M | -10M | -6M | -6M | -176M | -12M | -40M | -26M | -153M | -149M | -74.5M | -27M |
| Other Financing | -56M | -39.96M | 3M | -536M | 2M | -42M | 114.5M | -117M | 2M | -52M | -36M | -49M | 77M | 140.5M | -134.5M | -877M | -26M | -2.16B | -316M | 164M |
| Net Change in Cash | -1M | -20.49M | 347M | 211M | 20M | -348M | 86M | -392M | 392M | 12M | 49M | -88M | 244M | 46.5M | -91M | -22.75M | 142.5M | -26.25M | 103M | -198.5M |
| Free Cash Flow | 316M | 460.6M | 178M | 446M | 57M | 459M | -40M | 358M | -54M | 305M | -142M | 477M | -205M | 495M | -319M | 597M | -205M | 548M | -332M | 690M |
| FCF Margin % | 17.63% | 24.98% | 10.34% | 24.81% | 3.25% | 25.57% | -2.13% | 17.44% | -3.02% | 16.66% | -8.89% | 25.04% | -13.74% | 24.26% | -17.44% | 26.37% | -10.99% | 22.22% | -16.22% | 25.69% |
| FCF Growth % | 77.53% | 3.27% | 212.28% | -2.83% | 242.5% | 28.21% | 25.93% | 17.38% | 61.97% | -36.06% | 30.73% | -3.64% | 35.74% | -17.09% | -55.61% | 8.94% | 38.25% | -20.58% | 9.78% | 28.97% |
| FCF per Share | 0.51 | 0.71 | 0.27 | 0.65 | 0.08 | 0.64 | -0.06 | 0.49 | -0.07 | 0.40 | -0.19 | 0.63 | -0.27 | 0.64 | -0.41 | 0.77 | -0.26 | 0.67 | -0.41 | 0.85 |
| FCF Conversion (FCF/Net Income) | 2.29x | 2.80x | 1.17x | 1.99x | 0.48x | 4.28x | 0.12x | 3.55x | -0.25x | 2.89x | -4.24x | 2.03x | -2.65x | 2.73x | -4.77x | 1.59x | -0.92x | 1.41x | 17.65x | -0.35x |
| Interest Paid | 35M | 0 | 31M | 0 | 0 | 0 | 0 | 22M | 35M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 50M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |