CPNG: the cash flow

MyFinsight

For the quarter ending 2026-03-31, CPNG had -$21M decrease in cash & cash equivalents over the period. -$112M in free cash flow.

Cash Flow	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Net (loss) income	-266	-26	95	31
Depreciation and amortization	143	136	133	126
Provision for severance benefits	67	69	62	59
Equity-based compensation	122	123	118	113
Non-cash operating lease expense	143	138	132	121
Deferred income taxes	-28	41	-27	12
Fulfillment center fire insurance gain	-	0	-	-
Other	-98	-31	-89	-88
Accounts receivable, net	8	-28	-89	0
Inventories	-128	-175	298	92
Other assets	41	112	129	165
Accounts payable	53	-420	565	259
Accrued expenses	-97	58	46	38
Other liabilities	-130	-159	-83	-45
Net cash provided by operating activities	184	82	792	545
Purchases of property and equipment	296	360	353	299
Proceeds from sale of property and equipment	2	0	3	1
Net cash acquired in acquisition	-	0	0	0
Other investing activities	8	16	16	1
Net cash used in investing activities	-302	-376	-366	-299
Proceeds from issuance of common stock, equity-based compensation plan	1	1	1	3
Repurchase of class a common stock	391	162	81	0
Proceeds from short-term borrowings and long-term debt	1,936	718	1,401	486
Repayment of short-term borrowings and long-term debt	1,198	1,064	1,168	382
Other financing activities	0	0	-1	-15
Net cash provided by financing activities	348	-507	152	92
Effect of exchange rate changes on cash and cash equivalents and restricted cash	-251	-111	-143	351
Net (decrease) increase in cash and cash equivalents and restricted cash	-21	-912	435	689
Cash and cash equivalents and restricted cash, as of beginning of period	6,412	7,324	6,889	6,200
Cash and cash equivalents and restricted cash, as of end of period	6,391	6,412	7,324	6,889

Unit: Million (M) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.