Revvity, Inc. (RVTY) Cash Flow Statement
Where RVTY’s cash came from and went, 2025
December 31, 2025 · U.S. dollars- Cash from operations
- $581.8M −7.4% vs 2024
- Capital expenditures
- $73.5M 2.6% of revenue
- Free cash flow
- $508.3M 17.8% margin
- Returned to shareholders
- $853.6M 168% of free cash flow
- Change in cash
- −$244.6M cash at year-end $919.9M
Drawn to scale: where the cash came from and how it was used. Hover for values.
RVTY operating cash flow, capex and free cash flow
RVTY cash flow trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | $350.6M2016 | $581.8M2025 | +5.8%/yr | |
| Capital expenditures | $31.7M2016 | $73.5M2025 | +9.8%/yr | |
| Free cash flow | $318.9M2016 | $508.3M2025 | +5.3%/yr | |
| Free cash flow margin | 15.1%2016 | 17.8%2025 | +2.7 pts | |
| Operating cash flow / net income | 1.632016 | 2.412025 | +0.79 | |
| Stock-based compensation | $17.2M2016 | $22.8M2025 | +3.2%/yr | |
| Dividends paid | $30.8M2016 | $32.8M2025 | +0.7%/yr | |
| Share buybacks (net) | $151.8M2016 | $820.8M2025 | +20.6%/yr | |
| Capex / revenue | 1.5%2016 | 2.6%2025 | +1.1 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
RVTY cash flow by activity
RVTY 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).
RVTY cash flow statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||
| Net income | $241.2M | $283.1M | $179.5M | $579.2M | $932.2M | $727.9M | $227.8M | $237.5M | $156.9M | $215.7M |
| Depreciation & amortization | $405.3M | $427.8M | $431.8M | $427.0M | $358.0M | $246.5M | $214.0M | $180.6M | $105.0M | $100.0M |
| Stock-based compensation | $22.8M | $37.8M | $41.4M | $51.5M | $32.8M | $29.1M | $31.5M | $28.8M | $25.4M | $17.2M |
| Change in working capital | −$96.8M | −$18.3M | −$391.3M | −$382.1M | $104.4M | −$115.8M | −$173.3M | −$130.7M | −$37.7M | −$35.0M |
| Other non-cash items | $9.2M | −$102.1M | −$170.1M | $4.2M | −$16.6M | $4.5M | $63.5M | −$5.1M | $38.8M | $52.8M |
| Cash from operating activities | $581.8M | $628.3M | $91.3M | $679.8M | $1.41B | $892.2M | $363.5M | $311.0M | $288.5M | $350.6M |
| Investing activities | ||||||||||
| Capital expenditures | −$73.5M | −$86.6M | −$81.4M | −$85.6M | −$99.9M | −$77.5M | −$81.3M | −$93.3M | −$39.1M | −$31.7M |
| Investments (net) | −$81,000 | $776.2M | $1.70B | −$132.9M | −$4.11B | −$504.5M | −$487.6M | — | — | — |
| Acquisitions & other investing | $56.2M | $86.6M | −$307.8M | $85.6M | $99.9M | $77.5M | $81.3M | −$66.6M | −$1.23B | −$52.2M |
| Cash from investing activities | −$17.4M | $776.2M | $1.31B | −$132.9M | −$4.11B | −$504.5M | −$487.6M | −$159.9M | −$1.27B | −$83.9M |
| Financing activities | ||||||||||
| Dividends paid | −$32.8M | −$34.5M | −$35.0M | −$35.3M | −$32.4M | −$31.2M | −$31.1M | −$31.0M | −$30.8M | −$30.8M |
| Share repurchases & issuance (net) | −$820.8M | −$369.6M | −$388.9M | −$80.6M | −$73.1M | −$6.9M | −$6.3M | −$57.4M | −$3.8M | −$151.8M |
| Net borrowing (repayment) | −$521,000 | −$723.1M | −$517.5M | −$559.2M | $3.07B | −$187.5M | $208.9M | — | — | — |
| Shares issued | $0 | $0 | $0 | $14.1M | $25.1M | $37.7M | $0 | $0 | $0 | $0 |
| Other financing | −$913,001 | −$1.1M | −$5.8M | −$767,000 | −$52.0M | −$14.9M | −$21.4M | −$90.8M | $816.9M | $67.6M |
| Cash from financing activities | −$855.0M | −$1.13B | −$947.1M | −$661.8M | $2.94B | −$202.9M | $150.1M | −$179.2M | $782.2M | −$115.0M |
| Summary | ||||||||||
| Net change in cash | −$244.6M | $250.1M | $443.6M | −$148.6M | $216.7M | $210.7M | $25.6M | −$36.1M | −$157.1M | $121.3M |
| Cash at end of period | $919.9M | $1.16B | $914.4M | $470.7M | $619.3M | $402.6M | $191.9M | $166.3M | $202.1M | $359.3M |
| Free cash flow | $508.3M | $541.7M | $9.9M | $594.2M | $1.31B | $814.7M | $282.1M | $217.8M | $249.4M | $318.9M |
| Free cash flow margin | 17.8% | 19.7% | 0.4% | 17.9% | 34.2% | 21.5% | 9.8% | 7.8% | 11.0% | 15.1% |
| Capex / revenue | 2.6% | 3.1% | 3.0% | 2.6% | 2.6% | 2.0% | 2.8% | 3.4% | 1.7% | 1.5% |
| Operating cash flow / net income | 2.41 | 2.22 | 0.51 | 1.17 | 1.51 | 1.23 | 1.60 | 1.31 | 1.84 | 1.63 |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||
| Net income | $53.5M | $40.7M | $98.4M | $46.7M | $55.2M | $41.7M | $88.4M | $93.4M | $72.6M | $28.7M | $63.6M | $32.5M |
| Depreciation & amortization | $102.0M | $105.1M | $103.1M | $102.1M | $102.8M | $97.4M | $105.0M | $107.7M | $107.3M | $107.8M | $105.6M | $108.3M |
| Stock-based compensation | $10.7M | $8.7M | −$4.1M | $9.1M | $10.1M | $7.7M | $5.1M | $10.5M | $10.5M | $11.7M | $7.2M | $10.7M |
| Change in working capital | −$18.1M | −$38.8M | $1.1M | −$15.7M | −$48.9M | −$13.3M | $60.6M | −$48.5M | −$11.7M | −$18.7M | $82.8M | −$147.6M |
| Other non-cash items | $43.8M | −$447,000 | −$15.2M | −$3.5M | $15.0M | −$5.4M | −$84.8M | −$15.2M | −$20.2M | $18.1M | −$62.5M | −$37.3M |
| Cash from operating activities | $191.9M | $115.2M | $183.3M | $138.6M | $134.3M | $128.2M | $174.2M | $147.9M | $158.6M | $147.6M | $196.6M | −$33.5M |
| Investing activities | ||||||||||||
| Capital expenditures | −$11.1M | −$19.8M | −$20.2M | −$18.5M | −$18.9M | −$16.0M | −$24.5M | −$22.3M | −$22.0M | −$17.8M | −$24.1M | −$22.4M |
| Investments (net) | $4.3M | −$378,000 | −$52,000 | $19.0M | −$9.5M | −$6.4M | −$17.3M | $690.2M | $121.5M | −$18.2M | −$414.8M | $434.9M |
| Acquisitions & other investing | $3.3M | −$58.1M | −$229,000 | $18.5M | $18.9M | $16.0M | $24.5M | $22.3M | $22.0M | $17.8M | $24.1M | $22.4M |
| Cash from investing activities | −$3.5M | −$78.3M | −$20.5M | $19.0M | −$9.5M | −$6.4M | −$17.3M | $690.2M | $121.5M | −$18.2M | −$414.8M | $434.9M |
| Financing activities | ||||||||||||
| Dividends paid | −$7.8M | −$7.8M | −$8.0M | −$8.1M | −$8.3M | −$8.4M | −$8.5M | −$8.6M | −$8.6M | −$8.6M | −$8.6M | −$8.7M |
| Share repurchases & issuance (net) | −$16.0M | −$86.5M | −$168.3M | −$205.0M | −$293.9M | −$153.6M | −$185.2M | −$154.1M | −$19.6M | −$10.8M | −$4.9M | −$110.7M |
| Net borrowing (repayment) | $0 | $0 | −$363,000 | −$55,000 | −$53,000 | −$50,000 | −$822,000 | −$711.0M | — | — | — | −$467.2M |
| Shares issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other financing | $646,000 | $5.4M | $293,000 | −$1.9M | −$233,000 | −$1.6M | $1.5M | $58,000 | $1.7M | −$15.6M | −$6.1M | $506,000 |
| Cash from financing activities | −$23.2M | −$88.9M | −$176.3M | −$215.1M | −$302.5M | −$163.7M | −$193.0M | −$873.7M | −$26.5M | −$35.0M | −$19.6M | −$586.0M |
| Summary | ||||||||||||
| Net change in cash | $162.7M | −$59.1M | −$12.7M | −$60.4M | −$145.7M | −$25.8M | −$66.4M | −$18.6M | $250.0M | $85.1M | −$223.6M | −$195.4M |
| Cash at end of period | $1.02B | $860.7M | $919.9M | $932.6M | $993.0M | $1.14B | $1.16B | $1.23B | $1.25B | $999.5M | $914.4M | $1.14B |
| Free cash flow | $180.9M | $95.3M | $163.1M | $120.1M | $115.5M | $112.2M | $149.8M | $125.6M | $136.6M | $129.7M | $172.5M | −$55.8M |
| Free cash flow margin | 24.8% | 13.4% | 21.1% | 17.2% | 16.0% | 16.9% | 20.5% | 18.4% | 19.7% | 20.0% | 24.8% | −8.3% |
| Capex / revenue | 1.5% | 2.8% | 2.6% | 2.6% | 2.6% | 2.4% | 3.4% | 3.3% | 3.2% | 2.7% | 3.5% | 3.3% |
| Operating cash flow / net income | 3.59 | 2.83 | 1.86 | 2.97 | 2.43 | 3.08 | 1.97 | 1.58 | 2.18 | 5.14 | 3.09 | −1.03 |
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.
RVTY cash generation
In fiscal 2025 (ended December 31, 2025), Revvity generated $581.8 million of cash from operations (down 7.4%) and spent $73.5 million on capital expenditures, leaving free cash flow of $508.3 million, 17.8% of revenue. It returned $853.6 million to shareholders through dividends ($32.8 million) and net share buybacks ($820.8 million). Cash and equivalents fell by $244.6 million over the year.
Related: RVTY income statement, RVTY balance sheet, RVTY dividend history. See the RVTY stock overview for the latest quote and news.
RVTY cash flow FAQ
What is Revvity's free cash flow?
Revvity's free cash flow was $508.3 million in fiscal 2025: $581.8 million of operating cash flow minus $73.5 million of capital expenditures It was $541.7 million a year earlier..
How much cash does Revvity generate from operations?
Revvity generated $581.8 million of cash from operating activities in fiscal 2025, 2.41 times its net income of $241.2 million.
How much does Revvity spend on capital expenditures?
Revvity spent $73.5 million on capital expenditures in fiscal 2025, 2.6% of revenue, compared with $86.6 million the year before.
How much stock does Revvity buy back?
Revvity spent $820.8 million on net share repurchases in fiscal 2025.
How much does Revvity pay in dividends?
Revvity paid $32.8 million in dividends in fiscal 2025, 6.5% of free cash flow.