DV: the cash flow

MyFinsight

For the year ending 2025-12-31, DV had -$33,707K decrease in cash & cash equivalents over the period. $172,654K in free cash flow.

Cash Flow	2025-12-31
Net income	50,650
Bad debt expense	3,189
Depreciation and amortization expense	56,579
Amortization of debt issuance costs	434
Non-cash lease expense	7,928
Deferred taxes	3,827
Stock-based compensation expense	104,226
Interest expense, net	-293
Loss on disposal of fixed assets	-101
Other	992
Trade receivables	-6,453
Prepaid expenses and other assets	19,297
Trade payables	2,312
Accrued expenses and other liabilities	-6,504
Net cash provided by operating activities	211,183
Purchase of property, plant and equipment	38,529
Acquisition of businesses, net of cash acquired	82,578
Proceeds from maturity of short-term investments	17,753
Other investing activities	2,025
Net cash used in investing activities	-105,379
Proceeds from common stock issued upon exercise of stock options	886
Proceeds from common stock issued under employee purchase plan	2,450
Finance lease payments	4,552
Shares repurchased under the repurchase program and new repurchase program	132,305
Payment of excise tax on shares repurchased	668
Shares repurchased for settlement of employee tax withholdings	9,760
Net cash (used in) provided by financing activities	-143,949
Effect of exchange rate changes on cash and cash equivalents and restricted cash	4,438
Net (decrease) increase in cash, cash equivalents, and restricted cash	-33,707
Cash, cash equivalents, and restricted cash - beginning of period	293,741
Cash, cash equivalents, and restricted cash - end of period	260,034

Unit: Thousand (K) dollars (except for numbers of shares and EPS).