uCloudlink Group Inc. (UCL) 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 | 4.8M | -898K | -877K | 236K | 540K | 1.99M | 4.72M | 1.94M | -1.31M | 2.77M | 3.41M | 1.64M | 5.2M | 1.18M | 2.46M | -4.44M | -3.17M | -5.72M | -6.14M | -6.71M |
| Operating CF Margin % | 21.57% | -4.25% | -4.53% | 1.26% | 2.08% | 7.9% | 21.1% | 10.7% | -6.04% | 11.59% | 15.69% | 9.13% | 26.54% | 6.5% | 13.66% | -28.43% | -18.04% | -29.59% | -31.93% | -37.91% |
| Operating CF Growth % | 789.37% | -145.15% | -118.59% | -87.83% | 141.13% | -28.07% | 38.32% | 17.94% | -125.26% | 133.73% | 38.55% | 137.04% | 264% | 120.69% | 140.08% | 33.84% | 42.65% | -1220.55% | -121.53% | -200.21% |
| Net Income | -3.05M | 9.31M | 678K | -614K | -1.5M | 3.39M | 2.24M | 430K | -1.83M | 3.48M | -917K | 2.07M | -1.05M | -4.59M | -6.29M | -7.92M | -15.5M | -6.97M | -8.21M | -15.36M |
| Depreciation & Amortization | 1.31M | 662.89K | 738K | 773K | 2.33M | 670.46K | 554K | 385K | 371K | 303K | 239K | 208K | 367K | 241K | 684K | 294K | 446K | 575K | 568K | 576K |
| Stock-Based Compensation | -709K | 0 | 380K | 329K | 222K | 250K | 340K | 429K | 460K | 520K | 1.6M | 733K | 787K | 600K | -3.19M | 4.9M | 1.21M | 845K | 1.16M | 5.55M |
| 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 | 9.79M | -10.2M | -2.67M | -252K | -2.44M | -1.65M | 1.58M | 695K | 4.17M | -1.54M | 2.49M | -1.37M | 2.37M | 4.93M | 11.05M | -1.72M | 11.31M | -163K | 1.68M | 2.52M |
| Working Capital Changes | -2.53M | 0 | 0 | 0 | 1.93M | 0 | 0 | 0 | -4.48M | 0 | 0 | 0 | 2.73M | 0 | 210K | 0 | -637K | 0 | -1.34M | 0 |
| Change in Receivables | 3.75M | 0 | 0 | 0 | -1.81M | 0 | 0 | 0 | -390K | 0 | 0 | 0 | 7.71M | 0 | 2.16M | 0 | -8.24M | 0 | -5.05M | 0 |
| Change in Inventory | -2.99M | 0 | 0 | 0 | 766K | 0 | 0 | 0 | 784K | 0 | 0 | 0 | 2.41M | 0 | 851K | 0 | -302K | 0 | -479K | 0 |
| Change in Payables | -6.32M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | 5.28K | -536K | -150K | -350K | -580K | -992K | -1.6M | -587K | 1.27M | -834K | -375K | -302K | 86K | -69K | -186K | 7K | -200K | -255K | -195K | -285K |
| Capital Expenditures | -548.77K | 0 | -200K | -300K | -4M | 0 | -1.6M | -600K | -2.06M | -800K | -500K | -400K | -411K | -100K | -245K | 0 | -787K | -300K | 0 | -285K |
| CapEx % of Revenue | 2.46% | 4.25% | 1.03% | 1.6% | 15.4% | 7.9% | 7.16% | 3.31% | 9.5% | 3.35% | 2.3% | 2.22% | 2.1% | 0.55% | 1.36% | 28.43% | 4.48% | 1.55% | 31.93% | 1.61% |
| Acquisitions | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 328.45K | -536K | 50K | -50K | 3.42M | -992K | 1K | 13K | 3.34M | -34K | 125K | 98K | 497K | 31K | 59K | 7K | 587K | 45K | -195K | -185K |
| Cash from Financing | -602.8K | -298K | 2.4K | 976K | 3.06M | -704K | -805K | 180K | 2.9M | -252K | -339K | 197K | -3.06M | -398K | -719K | 7.72M | -3.11M | 2M | -52K | 1.9M |
| Debt Issued (Net) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 |
| Other Financing | -678K | -298K | 2.4K | 976K | 3.06M | -704K | -805K | 180K | 2.9M | -252K | -339K | 197K | -3.06M | -398K | -719K | 7.72M | -3.11M | 2M | -52K | 1.9M |
| Net Change in Cash | 4.32M | -1.69M | -871K | 1.02M | 2.38M | 847K | 2.13M | 1.33M | 3.12M | 1.63M | 2.1M | 1.6M | 2.57M | 363K | 975K | 3.14M | -6.47M | -4.04M | -6.33M | -5.51M |
| Free Cash Flow | 4.38M | -898K | -1.08M | -64K | -3.46M | 1.99M | 3.12M | 1.34M | -3.38M | 1.97M | 2.91M | 1.24M | 4.79M | 1.08M | 2.22M | -4.44M | -3.96M | -6.02M | -6.14M | -6.99M |
| FCF Margin % | 19.65% | -4.25% | -5.56% | -0.34% | -13.32% | 7.9% | 13.95% | 7.39% | -15.55% | 8.23% | 13.39% | 6.91% | 24.45% | 5.95% | 12.3% | -28.43% | -22.52% | -31.15% | -31.93% | -39.52% |
| FCF Growth % | 226.55% | -145.15% | -134.54% | -104.78% | -2.37% | 1.22% | 7.11% | 7.64% | -170.58% | 81.44% | 31.3% | 128.03% | 220.98% | 118% | 136.09% | 36.54% | 41.63% | -1289.84% | 82.98% | -222.68% |
| FCF per Share | 1.15 | -0.02 | -0.03 | -0.00 | -0.09 | 0.05 | 0.08 | 0.04 | -0.09 | 0.05 | 0.08 | 0.03 | 0.13 | 0.04 | 0.07 | -0.15 | -0.14 | -0.21 | -0.22 | -0.25 |
| FCF Conversion (FCF/Net Income) | -1.56x | -0.10x | -1.29x | -0.38x | -0.36x | 0.59x | 2.11x | 4.51x | 0.72x | 0.79x | -3.76x | 0.79x | -4.94x | -0.26x | -0.39x | 0.56x | 0.20x | 0.82x | 0.75x | 0.44x |
| Interest Paid | 0 | 0 | 0 | 0 | 196K | 0 | 0 | 0 | 133K | 0 | 0 | 0 | 426K | 0 | 89K | 0 | 188K | 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 |