Stitch Fix, Inc.
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-12.6M | $-28.7M | $-128.8M | $-172.0M | $-207.1M | $-8.9M | $-67.1M | $36.9M |
| Depreciation & Amortization | $22.6M | $26.1M | $44.5M | $42.1M | $33.5M | $27.6M | $22.6M | $16.1M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $46.4M | $56.7M | $76.8M | $102.1M | $126.1M | $100.7M | $67.5M | $35.3M |
| Net Cash from Operating Activities | $39.1M | $25.6M | $28.2M | $73.2M | $75.2M | $-15.7M | $42.9M | $78.6M |
| Investing Activities | ||||||||
| Capital Expenditures | $19.2M | $16.3M | $14.0M | $18.9M | $45.0M | $35.3M | $30.2M | $30.8M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-15.4M | $-59.1M | $-78.7M | $64.5M | $11.6M | $39.1M | $-70.5M | $-225.2M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $26.4M | $0 | $0 | $0 | $30.0M | $0 | $0 | $0 |
| Net Cash from Financing Activities | — | — | $-15.5M | $-15.1M | $-59.6M | $-38.9M | $-1.4M | $6.9M |
| Net Change in Cash | $-18.7M | $-48.9M | $-76.6M | $108.5M | $1.2M | $-13.7M | — | $-139.6M |
| Free Cash Flow | $19.8M | $9.3M | $14.2M | $54.4M | $30.3M | $-50.9M | $12.7M | $47.8M |