Target Operating Cash Flow decreased by 45.9% to $1.13B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 52.5%, from $739.00M to $1.13B. Over 3 years (FY 2022 to FY 2025), Operating Cash Flow shows a downward trend with a -5.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Consistently high operating cash flow indicates a healthy, self-sustaining business capable of funding its own growth and returning capital to shareholders.
Net cash from operating activities measures the total amount of cash generated by a company's core business operations....
Investors often compare this to capital expenditures to calculate Free Cash Flow, a primary valuation metric for mature tech giants.
cf_net_cash_from_operating| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.28B | $2.18B | $3.03B | -$1.39B | $1.35B | $599.00M | $3.47B | $1.27B | $2.13B | $1.93B | $3.29B | $1.10B | $2.24B | $739.00M | $3.29B | $275.00M | $2.08B | $1.13B |
| QoQ Change | — | -4.7% | +39.2% | -146.0% | +196.6% | -55.5% | +478.6% | -63.5% | +68.6% | -9.3% | +70.1% | -66.5% | +103.3% | -67.0% | +345.1% | -91.6% | +657.5% | -45.9% |
| YoY Change | — | — | — | — | -41.0% | -72.5% | +14.5% | +190.7% | +58.4% | +222.9% | -5.1% | -13.0% | +4.9% | -61.8% | +0.0% | -75.0% | -6.9% | +52.5% |