For the year ending 2025-12-31, COMP had -$24,800K decrease in cash & cash equivalents over the period. $203,300K in free cash flow.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net loss | -58,700 | -154,500 | -320,100 | -601,500 |
| Depreciation and amortization | 112,700 | 82,400 | 90,000 | 86,300 |
| Stock-based compensation | 202,700 | 127,500 | 158,200 | 234,500 |
| Equity in (income) loss of unconsolidated entities | 7,100 | -600 | -3,300 | -12,200 |
| Change in acquisition-related contingent consideration | -200 | 6,000 | 2,600 | -2,200 |
| Bad debt allowance | - | -2,100 | - | - |
| Bad debt expense | -600 | - | 4,400 | 7,300 |
| Amortization of debt issuance costs | 1,000 | 700 | 700 | 900 |
| Accounts receivable | -7,100 | 8,000 | 3,500 | -6,500 |
| Compass concierge receivables | 1,000 | 800 | -18,000 | 11,700 |
| Other current assets | -1,700 | -21,300 | -21,400 | -17,600 |
| Other non-current assets | 6,800 | -7,000 | -9,100 | -9,800 |
| Operating lease right-of-use assets and operating lease liabilities | 12,000 | 17,400 | 1,200 | -5,800 |
| Accounts payable | -2,800 | -6,300 | -9,800 | -4,800 |
| Commissions payable | 5,300 | 23,100 | 11,600 | -15,900 |
| Accrued expenses and other liabilities | -24,600 | 42,000 | -10,600 | -36,500 |
| Net cash provided by (used in) operating activities | 216,700 | 121,500 | -25,900 | -291,700 |
| Proceeds from sales and maturities of marketable securities | - | - | - | 0 |
| Investment in unconsolidated entities | 3,900 | 2,000 | 1,200 | 15,000 |
| Capital expenditures | 13,400 | 15,700 | 11,200 | 70,100 |
| Payments for acquisitions, net of cash acquired | 174,000 | 18,900 | -700 | 15,000 |
| Net cash used in investing activities | -191,300 | -36,600 | -11,700 | -100,100 |
| Proceeds from exercise of stock options | 17,800 | 9,500 | 4,500 | 9,000 |
| Proceeds from issuance of common stock under the employee stock purchase plan | 2,900 | 2,200 | 2,500 | 2,300 |
| Taxes paid related to net share settlement of equity awards | 61,100 | 35,000 | 23,500 | 23,500 |
| Proceeds from drawdowns on credit facility-Concierge Revolving Credit Facility | 47,900 | 48,700 | 55,400 | 59,000 |
| Repayments of drawdowns on credit facility-Concierge Revolving Credit Facility | 48,800 | 49,900 | 62,500 | 43,300 |
| Proceeds from drawdowns on credit facility-Revolving Credit Facility | 70,000 | 0 | 75,000 | 150,000 |
| Repayments of drawdowns on credit facility-Revolving Credit Facility | 70,000 | 0 | 225,000 | - |
| Payments of issuance costs related to credit facilities | 4,100 | - | - | - |
| Proceeds from issuance of common stock in connection with the strategic transaction | 0 | 0 | 32,300 | - |
| Payments related to acquisitions, including contingent consideration | 7,400 | 3,400 | 14,600 | 17,500 |
| Proceeds from issuance of common stock upon initial public offering, net of offering costs | - | - | 0 | 0 |
| Other | 2,600 | -100 | -1,500 | -600 |
| Net cash used in financing activities | -50,200 | -28,000 | -157,400 | 135,400 |
| Net (decrease) increase in cash and cash equivalents | -24,800 | 56,900 | -195,000 | -256,400 |
| Cash and cash equivalents at beginning of period | 223,800 | 166,900 | 361,900 | 618,300 |
| Cash and cash equivalents at end of period | 199,000 | 223,800 | 166,900 | 361,900 |
Compass, Inc. (COMP)
Compass, Inc. (COMP)