PENGUIN SOLUTIONS, INC.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $25.4M | $-52.5M | $-187.5M | $66.6M | $21.3M | $-1.1M | $51.3M | $119.5M |
| Depreciation & Amortization | $56.2M | $65.7M | $71.6M | $46.7M | $34.9M | $36.4M | $29.2M | $26.2M |
| Depreciation | $20.6M | $25.7M | $26.5M | $22.9M | $14.7M | $22.8M | $23.6M | $20.0M |
| Amortization | $35.6M | $40.0M | $45.1M | $23.8M | $20.3M | $13.7M | $5.6M | $6.1M |
| Stock-Based Compensation | $41.2M | $43.2M | $39.2M | $37.3M | $31.0M | $18.7M | $18.2M | $10.6M |
| Net Cash from Operating Activities | $109.1M | $77.2M | $104.4M | $104.9M | $153.4M | $87.2M | $169.7M | $67.9M |
| Investing Activities | ||||||||
| Capital Expenditures | $9.0M | $19.4M | $39.4M | $20.4M | $16.7M | $32.4M | $33.4M | $25.7M |
| Business Acquisitions | $0 | $0 | $213.1M | $0 | $35.7M | $0 | $76.1M | $42.3M |
| Net Cash from Investing Activities | $25.0M | $107.6M | $-298.6M | $-39.0M | $-84.2M | $-32.0M | $-109.4M | $-67.7M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $52.3M | $21.3M | $24.7M | $57.2M | $48.5M | $749.0K | $520.0K | — |
| Net Cash from Financing Activities | $-63.5M | $-210.1M | $236.4M | $73.9M | $2.8M | $12.6M | $100.0K | $7.9M |
| Net Change in Cash | $70.6M | $-26.6M | $47.0M | $140.1M | $72.2M | $52.7M | $60.9M | $8.9M |
| Free Cash Flow | $100.1M | $57.8M | $65.0M | $84.6M | $136.7M | $54.8M | $136.2M | $42.2M |