Primo Brands Corp
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $69.2M | $27.3M | $-13.0M | $16.8M | $27.6M | $28.7M | $-157.7M | $53.3M |
| Depreciation & Amortization | $142.2M | $141.0M | $173.2M | $163.1M | $145.3M | $128.6M | $106.0M | $77.8M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | $75.0M | $58.3M | — | — | $17.1M |
| Stock-Based Compensation | $11.1M | $9.9M | $13.1M | $11.9M | $12.9M | $12.0M | $7.8M | $300.0K |
| Net Cash from Operating Activities | $227.9M | $103.8M | $203.1M | $283.4M | $155.0M | $38.8M | $93.7M | $261.6M |
| Investing Activities | ||||||||
| Capital Expenditures | $85.5M | $104.5M | $145.8M | $115.7M | $53.9M | $62.0M | $53.3M | $32.3M |
| Business Acquisitions | — | — | — | $23.3M | $5.7M | — | — | $0 |
| Net Cash from Investing Activities | — | — | — | — | — | — | — | — |
| Financing Activities | ||||||||
| Dividends Paid | $43.5M | $44.2M | $38.1M | $37.2M | $37.4M | $38.6M | $35.7M | $0 |
| Stock Repurchases | $15.6M | $32.2M | $124.7M | $75.8M | $101.8M | $119.2M | $10.4M | $0 |
| Net Cash from Financing Activities | — | — | — | — | — | — | — | — |
| Net Change in Cash | $78.6M | $-88.7M | $-46.7M | $11.2M | $-40.9M | $-167.4M | $444.0M | $158.6M |
| Free Cash Flow | $142.4M | $-700.0K | $57.3M | $167.7M | $101.1M | $-23.2M | $40.4M | $229.3M |