SWK Holdings Corporation (SWKH) quarterly cash flow statement — complete operating, investing & financing history
| Metric | 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 | Q1'21 |
|---|
| Cash from Operations | 10.34M | 906K | 7.8M | 8.28M | 6.89M | 6.32M | 5.41M | 4.43M | 5.7M | 3.8M | 4.72M | 664K | 3.1M | 1.71M | -860K | 4.31M | 11.22M | 3.82M | 14.88M | 4.37M |
| Operating CF Margin % | 129.36% | 8.33% | 77.61% | 69.98% | 55.73% | 60.64% | 49.9% | 39% | 57.63% | 42.39% | 49.74% | 7.06% | 31.59% | 12.58% | -12.39% | 38.73% | 75.04% | 39.98% | 66.82% | 46.63% |
| Operating CF Growth % | 50.09% | -85.66% | 44.12% | 86.91% | 20.86% | 66.28% | 14.59% | 567.17% | 84.17% | 121.9% | 649.3% | -84.6% | -72.42% | -55.21% | -105.78% | -1.37% | 11.57% | -6.21% | 718.88% | 31.78% |
| Net Income | -10.06M | 8.78M | 3.54M | 4.54M | 5.87M | 3.1M | 4.05M | 468K | 2.84M | 4.47M | 3.93M | 4.63M | 2.83M | 6.62M | 565K | 3.48M | 6.33M | 2.24M | 13.97M | 3.39M |
| Depreciation & Amortization | 42K | 33K | 51K | 99K | 306K | 312K | 591K | 605K | 729K | 740K | 725K | 716K | 864K | 634K | 626K | 760K | 770K | 812K | 811K | 1.68M |
| Stock-Based Compensation | 868K | 286K | 301K | 307K | 236K | 348K | 249K | 111K | 140K | 170K | 164K | 35K | 190K | 59K | 166K | 85K | 607K | 192K | 187K | 177K |
| Deferred Taxes | 0 | 1.89M | 1M | 1.26M | 2.71M | 861K | 1.01M | 229K | -2.2M | -401K | 1.44M | -122K | -7.13M | 1.93M | 178K | 1.08M | 0 | 473K | 3.45M | 918K |
| Other Non-Cash Items | 15.72M | -4.97M | -1.54M | 904K | -3.73M | 1.17M | -1.46M | 5.48M | 2.46M | -930K | -3.07M | -634K | 3.55M | -4.12M | -218K | -420K | 4.49M | -1.74M | -1.74M | -1.58M |
| Working Capital Changes | 3.77M | -5.11M | 4.46M | 1.17M | 1.5M | 534K | 967K | -2.46M | 1.72M | -254K | 1.53M | -3.97M | 2.79M | -3.41M | -2.18M | -671K | -966K | 1.85M | -1.8M | -218K |
| Change in Receivables | 1.72M | 30K | 1.38M | -1.2M | 632K | 964K | -1.03M | -1.62M | -318K | -30K | -36K | -1.25M | 4.29M | -5.58M | 110K | -176K | 451K | 385K | -468K | -260K |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -66K | 30K | 0 | 0 | 0 | 0 | -110K | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 1.98M | 484K | 1K | -872K | 77K | -503K | 289K | -1.19M | 1.03M | -278K | 1.06M | -1.41M | -996K | 1.92M | -2.26M | -270K | 0 | 1.35M | -1.16M | 350K |
| Cash from Investing | 22.26M | 2.96M | 20.14M | 22.7M | -23.52M | 8.58M | -4.37M | 9.18M | -52.52M | -134K | 14.79M | -11.08M | -15.74M | -36.67M | 14.58M | -5.77M | 15.37M | 8.19M | 7.37M | -5.17M |
| Capital Expenditures | 100K | -349K | -63K | -100K | -88K | -29K | -21K | 0 | -197K | -108K | -183K | -8K | -103K | -83K | -53K | -58K | -201K | -206K | -350K | -321K |
| CapEx % of Revenue | 1.25% | 3.21% | 0.63% | 0.85% | 0.71% | 0.28% | 0.19% | - | 1.99% | 1.21% | 1.93% | 0.08% | 1.05% | 0.61% | 0.76% | 0.52% | 1.34% | 2.15% | 1.57% | 3.42% |
| Acquisitions | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Investments | 184K | 275K | 603K | 455K | 580K | 755K | 731K | 394K | 48K | 50K | 59K | 66K | 76K | 4.08M | 4.08M | 4.6M | 4.64M | 6.46M | 6.13M | 5.86M |
| Other Investing | 22.16M | 34.98M | -13.04M | 22.79M | -23.44M | 8.6M | -4.67M | 8.92M | -52.33M | -35K | 14.97M | -11.08M | -19.8M | -36.6M | 14.62M | -5.72M | 15.57M | 8.38M | 7.71M | -4.63M |
| Cash from Financing | -41K | -1.67M | -49.74M | -7.1M | 5.38M | -3.27M | -994K | -13.35M | 21.02M | 20.56M | -15.95M | 7.51M | -594K | -759K | 0 | -8K | -2.37M | 8K | -17.24M | -600K |
| Debt Issued (Net) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Equity Issued (Net) | 0 | -1.33M | -870K | -867K | -849K | -3.21M | -951K | -999K | -234K | -963K | -4.6M | -531K | -539K | -599K | 0 | 0 | -368K | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | -49.08M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 867K | -1.33M | -870K | -867K | -849K | -3.21M | -951K | -999K | -234K | -963K | -4.6M | -531K | -539K | -599K | 0 | 0 | -368K | 0 | 0 | 0 |
| Other Financing | -41K | -41K | -89K | 0 | 0 | -50K | -43K | 0 | -2.06M | -473K | -872K | 0 | -2.5M | -160K | 0 | 0 | -2M | 0 | -6.08M | 0 |
| Net Change in Cash | 32.56M | 2.2M | -21.8M | 23.88M | -11.25M | 11.63M | 51K | 262K | -25.8M | 24.23M | 3.56M | -2.91M | -13.24M | -35.72M | 13.72M | -1.46M | 24.22M | 12.02M | 5.01M | -1.4M |
| Free Cash Flow | 10.3M | 557K | 7.74M | 8.18M | 6.8M | 6.29M | 5.39M | 4.43M | 5.5M | 3.69M | 4.54M | 656K | 2.99M | 1.63M | -913K | 4.25M | 11.02M | 3.62M | 14.53M | 4.05M |
| FCF Margin % | 128.85% | 5.12% | 76.98% | 69.13% | 55.02% | 60.36% | 49.71% | 39% | 55.64% | 41.19% | 47.82% | 6.97% | 30.54% | 11.97% | -13.15% | 38.21% | 73.7% | 37.82% | 65.25% | 43.21% |
| FCF Growth % | 51.43% | -91.14% | 43.51% | 84.65% | 23.59% | 70.36% | 18.74% | 575.3% | 83.92% | 126.58% | 597.37% | -84.58% | -72.85% | -54.95% | -106.28% | 5.01% | 30.04% | 12.75% | 4289.43% | 22.1% |
| FCF per Share | 0.85 | 0.05 | 0.63 | 0.67 | 0.55 | 0.51 | 0.43 | 0.35 | 0.44 | 0.29 | 0.36 | 0.05 | 0.23 | 0.13 | -0.07 | 0.33 | 0.86 | 0.28 | 1.13 | 0.32 |
| FCF Conversion (FCF/Net Income) | -0.53x | 0.10x | 2.21x | 1.82x | 1.17x | 1.82x | 1.47x | 9.47x | 2.00x | 0.85x | 1.20x | 0.14x | 1.09x | 0.26x | -1.52x | 1.24x | 1.77x | 1.70x | 1.07x | 1.29x |
| Interest Paid | 0 | 742K | 742K | 775K | 0 | 0 | 0 | 173K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 110K | 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 |