For the year ending 2025-12-31, GTM had $36,700K increase in cash & cash equivalents over the period. $389,300K in free cash flow.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | 1,249,500 | 1,214,300 | - | - |
| Employee compensation expense | 433,400 | 430,800 | - | - |
| Payroll tax and benefits expense | 93,200 | 87,300 | - | - |
| Technology expense | 64,000 | 53,000 | - | - |
| Marketing expense | 37,300 | 36,000 | - | - |
| Facilities expense | 30,800 | 28,800 | - | - |
| Bad debt expense | 23,000 | 42,800 | - | - |
| Hosting and infrastructure expense | 44,400 | 36,600 | - | - |
| Other segment items | 208,900 | 315,900 | - | - |
| Depreciation and amortization expense | 88,800 | 85,700 | - | - |
| Interest expense, net | 42,600 | 39,300 | - | - |
| Loss on debt modification and extinguishment | 0 | -700 | - | - |
| Other (income) loss, net | 11,200 | -26,100 | - | - |
| Income tax expense | 70,100 | 2,200 | - | - |
| Net income (loss) | - | - | 107,300 | 63,200 |
| Net income | 124,200 | 29,100 | - | - |
| Depreciation and amortization | 88,800 | 85,700 | 80,600 | 87,800 |
| Amortization of debt discounts and issuance costs | 2,500 | 2,200 | 2,400 | 3,000 |
| Amortization of deferred commissions costs | 90,200 | 67,600 | 75,300 | 65,900 |
| Asset impairments and lease abandonment charges | 23,700 | 57,400 | 5,200 | 0 |
| Gain on lease modification | 0 | 1,700 | - | - |
| Loss on debt modification and extinguishment | 0 | -700 | -4,300 | 0 |
| Deferred consideration valuation adjustments | - | 0 | 0 | 200 |
| Equity-based compensation expense | 116,200 | 138,000 | 167,600 | 192,300 |
| Deferred income taxes | 61,400 | -5,900 | 276,700 | 123,300 |
| Tax receivable agreement remeasurement | 6,900 | -38,500 | 160,700 | 65,600 |
| Provision for bad debt expense | 23,000 | 42,800 | 33,800 | 5,700 |
| Accounts receivable, net | 400 | 16,900 | 82,800 | 39,300 |
| Prepaid expenses and other current assets | 2,000 | 4,400 | 8,000 | 8,000 |
| Deferred costs and other assets, net of current portion | 86,500 | 35,500 | 78,200 | 81,900 |
| Income tax receivable | - | 3,200 | -2,400 | 700 |
| Accounts payable | 10,300 | -17,700 | -1,800 | 19,500 |
| Accrued expenses and other liabilities | 21,100 | -43,400 | -11,200 | 2,800 |
| Unearned revenue | -200 | 36,100 | 22,000 | 48,800 |
| Net cash provided by operating activities | 465,400 | 369,400 | 434,900 | 417,000 |
| Purchases of short-term investments | - | 0 | 145,000 | 139,300 |
| Purchases of investments | 15,200 | - | - | - |
| Maturities of investments | 11,000 | 82,200 | 194,500 | 30,800 |
| Proceeds from sales of investments | 0 | 0 | 1,400 | 0 |
| Purchases of property and equipment and other assets | 76,100 | 64,900 | 26,500 | 28,900 |
| Right of use asset initial direct costs | 500 | 3,400 | - | - |
| Cash paid for acquisitions, net of cash acquired | 0 | 500 | 0 | 143,700 |
| Net cash (used in) provided by investing activities | -80,800 | 13,400 | 24,400 | -281,100 |
| Payments of deferred consideration | 0 | 700 | 400 | 1,100 |
| Proceeds from debt issuances | - | - | 0 | 0 |
| Payments of debt issuance and modification costs | 100 | 2,100 | 3,800 | 400 |
| Repayment of debt | 5,900 | 5,900 | 6,000 | 0 |
| Proceeds from long-term lines of credit | 100,000 | - | - | - |
| Proceeds from exercise of stock options | 0 | 0 | 400 | 1,300 |
| Repurchase outstanding equity / member units | - | - | - | 0 |
| Taxes paid related to net share settlement of equity awards | 7,200 | 22,800 | 24,500 | 17,400 |
| Proceeds from issuance of common stock under the espp | 0 | 4,200 | 7,200 | 4,200 |
| Proceeds from equity offering, net of underwriting discounts | - | - | - | 0 |
| Payments of equity issuance costs | - | 0 | 0 | 300 |
| Tax receivable agreement payments | 23,600 | 94,000 | 0 | 12,200 |
| Repurchase of common stock | 411,100 | 565,600 | 400,100 | - |
| Tax distributions | 0 | 3,100 | 0 | 0 |
| Net cash used in financing activities | -347,900 | -690,000 | -427,200 | -25,900 |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | 36,700 | -307,200 | 32,100 | 110,000 |
| Cash and cash equivalents at beginning of period | 149,000 | 456,200 | 424,100 | 314,100 |
| Cash and cash equivalents at end of period | 185,700 | 149,000 | 456,200 | 424,100 |
ZoomInfo Technologies Inc. (GTM)
ZoomInfo Technologies Inc. (GTM)