Light & Wonder, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $276.0M | $336.0M | $163.0M | $3.68B | $371.0M | $-569.0M | $-130.0M | $-352.0M |
| Depreciation & Amortization | $406.0M | $361.0M | $384.0M | $420.0M | $398.0M | $449.0M | $542.0M | $690.0M |
| Depreciation | $179.0M | $134.0M | $117.0M | $111.0M | $120.0M | $145.0M | $178.0M | $232.0M |
| Amortization | $147.0M | $149.0M | $199.0M | $239.0M | $197.0M | $207.0M | $257.0M | $297.0M |
| Stock-Based Compensation | $121.0M | $110.0M | $118.0M | $69.0M | $113.0M | $56.0M | $32.0M | $44.0M |
| Net Cash from Operating Activities | $794.0M | $632.0M | $590.0M | $-381.0M | $685.0M | $471.0M | $546.0M | $346.0M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | $285.0M | $391.0M |
| Business Acquisitions | $861.0M | $5.0M | $4.0M | $136.0M | $186.0M | $13.0M | $0 | $297.0M |
| Net Cash from Investing Activities | $-1.17B | $-258.0M | $-251.0M | $6.12B | $-442.0M | $-173.0M | $-263.0M | $-798.0M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $880.0M | $462.0M | $170.0M | $405.0M | $0 | $0 | — | — |
| Net Cash from Financing Activities | $321.0M | $-577.0M | $-788.0M | $-5.46B | $-679.0M | $463.0M | $-129.0M | $-156.0M |
| Net Change in Cash | $-46.0M | $-209.0M | $-446.0M | $266.0M | $-442.0M | $768.0M | $155.0M | $-614.0M |
| Free Cash Flow | — | — | — | — | — | — | $261.0M | $-45.0M |