Avantor Inc.
Cash Flow Statement
| Line Item | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $43.3M | $52.4M | $-711.8M | $64.7M | $64.5M | $500.4M | $57.8M | $92.9M |
| Depreciation & Amortization | $105.0M | $103.3M | $104.5M | $102.7M | $99.7M | $100.9M | $102.4M | $102.6M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $8.6M | $11.3M | $7.2M | $15.5M | $12.4M | $11.1M | $11.9M | $11.1M |
| Net Cash from Operating Activities | $58.7M | $152.7M | $207.4M | $154.4M | $109.3M | $173.3M | $244.8M | $281.1M |
| Investing Activities | ||||||||
| Capital Expenditures | $33.5M | $35.5M | $35.7M | $29.6M | $28.0M | $27.5M | $40.8M | $45.8M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-32.7M | $-39.7M | $-33.3M | $-28.6M | $-28.9M | $558.5M | $-40.5M | $-44.9M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-107.2M | $700.0K | $-369.6M | $-6.9M | $-33.6M | $-755.3M | $-198.6M | $-197.1M |
| Net Change in Cash | $-86.1M | $113.6M | $-197.5M | $133.7M | $53.8M | $-45.6M | $13.6M | $37.5M |
| Free Cash Flow | $25.2M | $117.2M | $171.7M | $124.8M | $81.3M | $145.8M | $204.0M | $235.3M |