ADI Global Distribution Inc. (ADIG) Cash Flow Statement
Where ADIG’s cash came from and went, 2025
December 31, 2025 · U.S. dollars- Cash from operations
- −$522.0M −714.1% vs 2024
- Capital expenditures
- $54.0M 1.1% of revenue
- Free cash flow
- −$576.0M −12.0% margin
- Returned to shareholders
- —
- Change in cash
- −$13.0M cash at year-end $124.0M
Drawn to scale: where the cash came from and how it was used. Hover for values.
ADIG operating cash flow, capex and free cash flow
ADIG cash flow trends, 2023–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | $103.0M2023 | −$522.0M2025 | — | |
| Capital expenditures | $27.0M2023 | $54.0M2025 | +41.4%/yr | |
| Free cash flow | $76.0M2023 | −$576.0M2025 | — | |
| Free cash flow margin | 2.1%2023 | −12.0%2025 | −14.2 pts | |
| Stock-based compensation | $15.0M2023 | $25.0M2025 | +29.1%/yr | |
| Capex / revenue | 0.8%2023 | 1.1%2025 | +0.4 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
ADIG cash flow by activity
ADIG net income vs operating cash flow
Operating cash flow above net income usually means earnings are backed by cash (depreciation and stock-based pay are non-cash expenses).
ADIG cash flow statement
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Operating activities | |||
| Net income | −$261.0M | −$18.0M | $62.0M |
| Depreciation & amortization | $153.0M | $97.0M | $41.0M |
| Stock-based compensation | $25.0M | $23.0M | $15.0M |
| Change in working capital | −$447.0M | −$29.0M | −$32.0M |
| Other non-cash items | $8.0M | $12.0M | $17.0M |
| Cash from operating activities | −$522.0M | $85.0M | $103.0M |
| Investing activities | |||
| Capital expenditures | −$54.0M | −$25.0M | −$27.0M |
| Acquisitions & other investing | −$14.0M | — | — |
| Cash from investing activities | −$68.0M | — | — |
| Financing activities | |||
| Shares issued | $0 | $0 | $0 |
| Other financing | $570.0M | $57.0M | −$42.0M |
| Cash from financing activities | $570.0M | $57.0M | −$42.0M |
| Summary | |||
| Net change in cash | −$13.0M | $18.0M | $50.0M |
| Cash at end of period | $124.0M | $137.0M | $119.0M |
| Free cash flow | −$576.0M | $60.0M | $76.0M |
| Free cash flow margin | −12.0% | 1.4% | 2.1% |
| Capex / revenue | 1.1% | 0.6% | 0.8% |
| Operating cash flow / net income | — | — | 1.66 |
| Jun '26 | Mar '26 | |
|---|---|---|
| Operating activities | ||
| Net income | $6.0M | −$1.0M |
| Depreciation & amortization | $40.0M | $39.0M |
| Stock-based compensation | $12.0M | — |
| Change in working capital | −$5.0M | −$178.0M |
| Other non-cash items | $4.0M | $7.0M |
| Cash from operating activities | $57.0M | −$133.0M |
| Investing activities | ||
| Capital expenditures | −$13.0M | −$13.0M |
| Acquisitions & other investing | $0 | $14.0M |
| Cash from investing activities | −$13.0M | $1.0M |
| Financing activities | ||
| Shares issued | $0 | $0 |
| Other financing | $353.0M | $145.0M |
| Cash from financing activities | $353.0M | $145.0M |
| Summary | ||
| Net change in cash | $396.0M | $135.0M |
| Cash at end of period | $531.0M | $135.0M |
| Free cash flow | $44.0M | −$146.0M |
| Free cash flow margin | 3.4% | −12.1% |
| Capex / revenue | 1.0% | 1.1% |
| Operating cash flow / net income | 9.50 | — |
Negative numbers are cash paid out. Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported; data from EODHD.
ADIG cash generation
In fiscal 2025 (ended December 31, 2025), ADI Global Distribution generated -$522.0 million of cash from operations (down 714.1%) and spent $54.0 million on capital expenditures, leaving free cash flow of -$576.0 million, −12.0% of revenue. Cash and equivalents fell by $13.0 million over the year.
Related: ADIG income statement, ADIG balance sheet. See the ADIG stock overview for the latest quote and news.
ADIG cash flow FAQ
What is ADI Global Distribution's free cash flow?
ADI Global Distribution's free cash flow was -$576.0 million in fiscal 2025: -$522.0 million of operating cash flow minus $54.0 million of capital expenditures It was $60.0 million a year earlier..
How much cash does ADI Global Distribution generate from operations?
ADI Global Distribution generated -$522.0 million of cash from operating activities in fiscal 2025.
How much does ADI Global Distribution spend on capital expenditures?
ADI Global Distribution spent $54.0 million on capital expenditures in fiscal 2025, 1.1% of revenue, compared with $25.0 million the year before.