| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net earnings | 33,900 | 43,700 | 59,600 | 156,600 |
| Depreciation and amortization | 4,900 | 4,900 | 4,800 | 4,600 |
| Non-cash stock-based compensation expense | 5,800 | 5,400 | 5,200 | 5,200 |
| Deferred income taxes | 9,900 | 4,700 | 600 | -21,000 |
| Unrealized (gain) loss on commodity derivatives | 28,900 | NaN | NaN | NaN |
| Other, net | -1,800 | 0 | -600 | 900 |
| Increase in receivables, net | 26,600 | 22,500 | -20,500 | -23,900 |
| Increase in inventories | -25,600 | 104,700 | -85,200 | 28,600 |
| Increase in prepaid expenses and other current assets | -5,000 | 5,400 | -7,500 | 9,800 |
| (increase) decrease in other assets | 7,500 | -300 | 900 | 500 |
| Increase in accounts payable and other current liabilities | -34,500 | 69,900 | -14,100 | 43,900 |
| Increase in non-current liabilities | NaN | 600 | 100 | NaN |
| Net cash (used in) provided by operating activities | -11,200 | -3,100 | 169,100 | 40,300 |
| Additions to property | 1,800 | 4,200 | 1,000 | 1,800 |
| Net cash used in investing activities | -1,800 | -4,200 | -1,000 | -1,800 |
| Proceeds from issuance of long-term debt | 85,000 | 180,000 | 340,000 | 130,000 |
| Repayments of long-term debt | 85,000 | 80,000 | 265,000 | 75,000 |
| Purchases of treasury stock | NaN | NaN | 474,900 | NaN |
| Payments of deferred financing fees | NaN | NaN | 2,100 | NaN |
| Tax withholding payments related to stock compensation plans | NaN | NaN | -11,500 | NaN |
| Purchases of treasury stock | 203,400 | -265,300 | NaN | 189,100 |
| Other, net | NaN | NaN | 200 | NaN |
| Tax withholding payments related to stock compensation plans | -100 | 8,300 | NaN | 100 |
| Net cash used in financing activities | -30,200 | -5,300 | -133,900 | -28,100 |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | -600 | 500 | 0 | 300 |
| Net decrease in cash, cash equivalents and restricted cash | -43,800 | -12,100 | 34,200 | 10,700 |
| Cash, cash equivalents and restricted cash, beginning of year | 77,000 | 89,100 | 54,900 | 44,200 |
| Cash, cash equivalents and restricted cash, end of period | 33,200 | 77,000 | 89,100 | 54,900 |
BELLRING BRANDS, INC. (BRBR)
BELLRING BRANDS, INC. (BRBR)