Tennessee Valley Authority (TVC) 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 | -2.08B | 615M | 1.01B | 450M | 1.06B | 508M | 1.04B | 393M | 1.1B | 622M | 715M | 439M | 1.11B | 375M | 966M | 493M | 1.03B | 657M | 975M | 595M |
| Operating CF Growth % | -295.11% | 21.06% | -2.6% | 14.5% | -2.92% | -18.33% | 45.17% | -10.48% | -1.62% | 65.87% | -25.98% | -10.95% | 8.26% | -42.92% | -0.92% | -17.14% | -9.74% | 4.95% | -5.52% | -29% |
| Net Income | -745M | 212M | 408M | 125M | -615M | 181M | 307M | 127M | 409M | -58M | 48M | 101M | 632M | 256M | 209M | 11M | 603M | 269M | 456M | 184M |
| Depreciation & Amortization | -1.76B | 646M | 459M | 660M | -1.85B | 595M | 692M | 560M | 801M | 536M | 679M | 590M | 725M | 575M | 560M | 563M | 611M | 442M | 444M | 441M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 322M | -45M | 118M | -395M | 3.46B | 59M | -175M | -340M | -144M | 233M | -264M | -276M | -10M | 45M | 112M | -148M | -208M | 172M | -49M | -115M |
| Working Capital Changes | 112M | -198M | 26M | 60M | 67M | -327M | 214M | 46M | 30M | -89M | 252M | 24M | -233M | -501M | 85M | 67M | 23M | -226M | 124M | 85M |
| Cash from Investing | 3.64B | -1.05B | -1.2B | -1.38B | -1.04B | -774M | -770M | -1B | -761M | -738M | -619M | -876M | -685M | -688M | -556M | -734M | -640M | -606M | -448M | -644M |
| Purchase of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -51M | 0 | 0 | 0 | -50M | 0 | 0 | 0 |
| Sale/Maturity of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Investment Activity | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -51M | 0 | 0 | 0 | -50M | 0 | 0 | 0 |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing | -12M | 26M | -4M | -10M | -3.63B | 2M | 16M | 7M | -54M | 3M | 12M | -1M | -48M | 6M | 8M | 15M | -42M | 9M | 13M | -1M |
| Cash from Financing | -1.55B | 406M | 187M | 958M | -17M | 259M | -258M | 606M | -334M | 115M | -95M | 437M | -430M | 313M | -415M | 249M | -390M | -51M | -537M | 57M |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Stock Activity | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt Issuance (Net) | -1000K | 1000K | 1000K | 1000K | 1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K |
| Other Financing | 876M | -44M | -1B | 171M | -102M | 295M | -220M | 617M | -297M | 154M | -58M | 448M | 614M | 351M | -373M | 281M | -326M | 361M | 1.13B | 63M |
| Net Change in Cash | 0 | -25M | -6M | 30M | 2M | -7M | 10M | -3M | 1M | -1M | 1M | 0 | -1M | 0 | -5M | 8M | -1M | 0 | -10M | 8M |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6M | 0 | -8M | 0 |
| Cash at Beginning | 522M | 547M | 553M | 523M | 521M | 528M | 518M | 521M | 520M | 521M | 520M | 520M | 521M | 521M | 526M | 518M | 519M | 519M | 529M | 521M |
| Cash at End | 0 | 522M | 547M | 553M | 523M | 521M | 528M | 518M | 521M | 520M | 521M | 520M | 520M | 521M | 521M | 526M | 518M | 519M | 519M | 529M |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | 1.58B | -457M | -189M | -918M | 60M | -268M | 252M | -616M | 389M | -119M | 84M | -436M | 477M | -319M | 402M | -256M | 431M | 42M | 514M | -48M |
| FCF Growth % | 2528.33% | -70.52% | -175% | -49.03% | -84.58% | -125.21% | 200% | -41.28% | -18.45% | 62.7% | -79.1% | -70.31% | 10.67% | -859.52% | -21.79% | -433.33% | -31.26% | -76.4% | -12.88% | -118.75% |