SNDL Inc. (SNDL) 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 | 3.48M | 25.31M | 31.7M | 6.12M | 7.79M | 24.12M | 22.79M | 4.7M | 3.3M | 13.45M | 27.54M | -8.84M | -48.8M | 28.61M | 8.57M | -17.87M | -26.02M | 5.47M | -56.16M | -70.38M |
| Operating CF Margin % | 1.78% | 10.02% | 12.98% | 2.5% | 3.8% | 9.36% | 9.62% | 2.06% | 1.67% | 5.41% | 11.59% | -3.81% | -25.54% | 11.9% | 3.72% | -7.99% | -147.87% | 24.08% | -390.9% | -769.12% |
| Operating CF Growth % | -55.3% | 4.95% | 39.08% | 30.09% | 135.93% | 79.31% | -17.24% | 153.17% | 106.76% | -52.99% | 221.3% | 50.52% | -87.54% | 422.94% | 115.26% | 74.61% | 24.29% | 144.69% | -180% | -499% |
| Net Income | -9.91M | 9.37M | -13.32M | 2.88M | -14.71M | -67.25M | -19.34M | -4.97M | -4.65M | -85.42M | -21.83M | -33.16M | -36.14M | -161.57M | -98.84M | -73.97M | -38.04M | -54.76M | 16.71M | -52.29M |
| Depreciation & Amortization | 14.12M | 14.16M | 13.97M | 13.95M | 14.19M | 14.03M | 13.97M | 14.14M | 14.57M | 15.41M | 16.6M | 14.67M | 18.26M | 23.05M | 11.29M | 10.54M | 2.44M | 1.41M | 3.67M | 2.36M |
| Stock-Based Compensation | 616K | -1.28M | 10.88M | 2.92M | 1.39M | 4.61M | 5.7M | 4.88M | 4.84M | 3.92M | 5.37M | 3.89M | 2.21M | 2.96M | 2.07M | 438K | 4.2M | 2.44M | 1.87M | 4.54M |
| Deferred Taxes | -1.5M | 0 | 0 | 0 | 0 | -6.56M | 1.43M | -1.28M | -3M | 59.74M | 1.53M | 15.46M | 0 | 1.38M | -6.93M | -1.79M | 0 | 7.79M | -15.7M | 34.23M |
| Other Non-Cash Items | 2.02M | 1.35M | 5.97M | 127K | 7.63M | 77.01M | 21.04M | -3.42M | -3.4M | 8.95M | 12.83M | 4.48M | 9.44M | 139.6M | 99.82M | 78.5M | 20.23M | 37.04M | -57.28M | -59.46M |
| Working Capital Changes | -1.87M | 1.71M | 14.19M | -13.76M | -713K | 2.27M | -13K | -4.65M | -5.06M | 10.85M | 13.03M | -14.19M | -42.56M | 23.2M | 1.16M | -31.58M | -14.85M | 11.56M | -5.43M | 234K |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.01M | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | -11.37M | -3.08M | 10.52M | -7.16M | 17.17M | -45.7M | 66.49M | -1.35M | -1.68M | -8.39M | -999K | -8.96M | -6.47M | -18.77M | -71.62M | -35.8M | -103.97M | -79.23M | -213.91M | -192.29M |
| Capital Expenditures | -2.64M | -3.96M | -5.18M | -2.08M | -1.59M | -3.31M | -1.71M | -1.19M | -2.47M | -2.16M | -3.07M | -1.29M | -1.41M | -4.15M | -2.12M | -3.55M | -1.04M | -802K | -1.13M | -1.75M |
| CapEx % of Revenue | 1.35% | 1.57% | 2.12% | 0.85% | 0.78% | 1.28% | 0.72% | 0.52% | 1.25% | 0.87% | 1.29% | 0.55% | 0.74% | 1.73% | 0.92% | 1.59% | 5.89% | 3.53% | 7.84% | 19.07% |
| Acquisitions | -2.9M | -2M | 0 | -1M | 0 | -37.99M | 0 | -1.65M | 168K | -8.1M | 0 | -9.44M | -3.85M | -14.36M | -8.07M | -36.88M | -88.47M | -71.67M | -218.8M | -187.88M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -1.91M | -348K | 520K | 3.08M | 850K | -4.4M | 68.19M | 1.5M | 628K | 2.17M | 1.88M | 1.63M | -377K | 903K | -751K | 4.29M | -35K | 3.89M | 6.03M | 277K |
| Cash from Financing | -18.81M | -10.57M | -9.87M | -11.6M | -22.45M | -23.03M | -9.24M | -9.38M | -7.71M | -12M | -10.02M | -9.99M | -11.07M | -21.68M | -8.16M | -6.52M | -5.43M | 2.83M | 11.78M | 274.74M |
| Debt Issued (Net) | -10.06M | -10.03M | -9.92M | -11.79M | -7.51M | -9.95M | -9.78M | -9.71M | -7.52M | -11.61M | -9.79M | -10.12M | -9.49M | -8.94M | -9.13M | -9.18M | -10.45M | -398K | -9.72M | -122K |
| Equity Issued (Net) | -9.57M | -314K | -3K | 0 | -15.03M | -13.22M | 0 | 174K | 0 | 0 | 0 | 0 | -1.54M | -7.22M | -4.1M | -2.05M | 0 | -69K | 0 | 327.36M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -9.57M | -314K | -3K | 0 | -15.03M | -13.22M | 0 | 0 | 0 | 0 | 0 | 0 | -1.54M | -7.24M | -4.1M | -2.05M | 0 | 0 | 0 | 0 |
| Other Financing | 819K | -228K | 57K | 186K | 91K | 140K | 540K | 156K | -196K | -390K | -222K | 124K | -43K | -5.52M | 5.07M | 4.71M | 5.01M | 3.3M | 21.5M | -52.5M |
| Net Change in Cash | -38.84M | 11.66M | 32.36M | -12.64M | 2.51M | -44.62M | 80.04M | -6.02M | -6.09M | -6.94M | 16.53M | -27.8M | -66.33M | -11.84M | -71.2M | -60.19M | -135.43M | -70.89M | -256.28M | 11.97M |
| Free Cash Flow | 843K | 21.35M | 26.52M | 4.04M | 6.2M | 20.82M | 18.67M | 3.51M | 829K | 11.29M | 24.47M | -10.13M | -50.21M | 24.46M | 6.45M | -21.43M | -27.06M | 4.67M | -57.29M | -72.13M |
| FCF Margin % | 0.43% | 8.46% | 10.86% | 1.65% | 3.03% | 8.08% | 7.88% | 1.54% | 0.42% | 4.54% | 10.3% | -4.37% | -26.28% | 10.17% | 2.8% | -9.58% | -153.76% | 20.55% | -398.74% | -788.19% |
| FCF Growth % | -86.4% | 2.54% | 42.05% | 14.95% | 647.89% | 84.47% | -23.71% | 134.67% | 101.65% | -53.84% | 279.17% | 52.73% | -85.56% | 423.8% | 111.26% | 70.29% | 21.54% | 137.63% | -169.32% | -507.79% |
| FCF per Share | 0.00 | 0.08 | 0.10 | 0.02 | 0.02 | 0.08 | 0.07 | 0.01 | 0.00 | 0.04 | 0.09 | -0.04 | -0.20 | 0.10 | 0.03 | -0.09 | -0.13 | 0.02 | -0.28 | -0.38 |
| FCF Conversion (FCF/Net Income) | -0.35x | 2.70x | -2.38x | 2.12x | -0.53x | -0.36x | -1.18x | -0.81x | -1.29x | -0.16x | -1.26x | 0.27x | 1.37x | -0.23x | -0.09x | 0.24x | 0.69x | -0.10x | -3.36x | 1.35x |
| 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 |