For the quarter ending 2026-03-31, COTY had -$177,800K decrease in cash & cash equivalents over the period. -$248,700K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | -405,700 | -116,200 | 74,000 | -69,300 |
| Depreciation and amortization | 129,100 | 130,100 | 94,900 | 104,700 |
| Asset impairment charges | 362,800 | - | - | - |
| Non-cash lease expense | 15,300 | 16,100 | 15,800 | 15,500 |
| Asset impairment charges | - | - | - | 0 |
| Deferred income taxes | -82,000 | -88,900 | 14,600 | -87,500 |
| Provision for bad debts | 3,800 | 2,000 | 4,200 | -2,400 |
| Provision for pension and other post-employment benefits | 2,700 | 2,800 | 2,800 | 2,000 |
| Share-based compensation | 6,800 | 17,900 | 14,500 | 5,300 |
| Gain on sale of other long-lived assets | - | - | 200 | -2,400 |
| Impairment and losses on disposal of long-lived assets, net | 3,900 | 8,400 | - | - |
| Losses from equity investments, net | 0 | -195,000 | 1,000 | 2,000 |
| Foreign exchange effects | 4,000 | 1,600 | 3,400 | -12,000 |
| Losses on forward repurchase contracts, net | -49,800 | -45,600 | -29,000 | -255,200 |
| Other | -6,400 | -31,400 | -5,300 | -5,200 |
| Trade receivables | -119,500 | -63,600 | 230,200 | -74,900 |
| Inventories | 13,500 | -27,800 | 11,000 | 42,100 |
| Prepaid expenses and other current assets | -19,100 | -300 | -24,700 | -40,800 |
| Accounts payable and accrued expenses | -334,100 | 222,400 | 35,300 | -167,900 |
| Other current liabilities | -38,700 | 19,200 | 30,300 | -61,700 |
| Operating lease liabilities | -13,700 | -15,300 | -15,600 | -14,700 |
| Income and other taxes payable | -12,200 | 12,500 | 200 | -20,400 |
| Other noncurrent assets | 12,600 | -9,400 | -8,400 | 27,700 |
| Other noncurrent liabilities | -5,800 | -23,000 | -27,400 | 11,600 |
| Net cash provided by operating activities | -203,100 | 559,700 | 65,200 | 83,200 |
| Capital expenditures | 45,600 | 46,600 | 54,000 | 48,300 |
| Proceeds from sale of equity investments and related assets | 0 | 750,000 | - | - |
| Proceeds from contingent consideration, license agreements, and sale of other long-lived assets, net | 0 | 9,300 | - | 12,600 |
| Proceeds from sale of other long-lived assets | - | - | 200 | - |
| Proceeds from termination of collaboration agreement/sale of equity investment | - | - | - | 0 |
| Payment for acquisition of license agreement | - | - | 0 | - |
| Net cash provided by (used in) investing activities | -45,600 | 712,500 | -53,800 | -48,300 |
| Net proceeds from short-term debt | -5,000 | 5,000 | - | - |
| Proceeds from revolving loan facilities | 519,700 | 317,200 | 536,700 | 541,200 |
| Repayments of revolving loan facilities | 313,900 | 786,300 | 475,300 | 559,900 |
| Proceeds from issuance of other long-term debt | 0 | 899,200 | - | 0 |
| Repayments of other long-term debt | 0 | 1,465,700 | - | 0 |
| Net proceeds from issuance of class a common stock | - | - | - | 0 |
| Dividend payments on class b preferred stock | - | - | 3,300 | 3,400 |
| Dividend payments on series b preferred stock | 3,300 | 6,600 | - | - |
| Net proceeds from (payments of) foreign currency contracts | -7,700 | -6,300 | 2,600 | 8,000 |
| Distributions to redeemable noncontrolling interests and noncontrolling interests | 13,300 | 0 | 3,700 | 0 |
| Payments related to forward repurchase contracts, including hedge valuation adjustments | 123,100 | 27,500 | 58,100 | 6,100 |
| Refunds related to hedge valuation adjustment | 0 | 0 | - | 0 |
| Payments of deferred financing fees and premium on bond extinguishment | 1,700 | 29,700 | 0 | 0 |
| All other | -1,600 | -9,100 | -1,300 | -1,500 |
| Net cash used in financing activities | 70,500 | -1,098,900 | -7,600 | -42,700 |
| Effect of exchange rates on cash, cash equivalents and restricted cash | 400 | 1,600 | -1,100 | 18,800 |
| Net decrease in cash, cash equivalents and restricted cash | -177,800 | 174,900 | 2,700 | 11,000 |
| Cash, cash equivalents and restricted cashbeginning of period | -177,600 | -2,700 | 270,400 | 61,200 |
| Cash, cash equivalents and restricted cashend of period | -177,800 | 174,900 | 273,100 | 11,000 |
COTY INC. (COTY)
COTY INC. (COTY)