Operating
Arthur J. Gallagher·Cash Flow Statement·21 metrics
Breakdown
| Metric | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Net cash from operating activities | $119.5M | $934.8M | $739.4M | $872M | — | $731.3M | $753M | $957M |
| Change in accounts receivable | — | — | — | $658M | $23.1M | — | — | $869M |
| Net income | $285.4M | $314.1M | $258.8M | $709M | $366.2M | $273.6M | $154.3M | $823M |
| Net Change In Accrued Compensation And Other Accrued Liabilities | $438.5M | -$135.9M | -$321.6M | -$416M | $548.3M | -$89.9M | -$154.4M | -$411M |
| Depreciation and amortization | $211.6M | $210M | $213.7M | $255M | $229.2M | $276.3M | $361.5M | $339M |
| Deferred income taxes | — | — | $106.3M | $56M | — | $26.8M | $7.4M | $97M |
| Change in deferred revenue | — | — | -$135.4M | $78M | — | — | -$106M | $87M |
| Other working capital changes | -$70.7M | -$1.4M | — | $94M | — | $88.8M | — | $87M |
| Increase (Decrease) in Other Operating Assets | -$11.4M | $14.8M | $101.9M | -$18M | $18.1M | $61.5M | $156.4M | -$84M |
| Change in income taxes payable/receivable | $3.9M | -$36.9M | -$5.7M | $27M | -$64.3M | -$72.8M | — | $52M |
| Contingent consideration fair value adjustments | -$12.4M | -$13.5M | -$6.2M | -$10M | -$469.9M | -$9M | -$2.1M | -$45M |
| Amortization of deferred compensation and restricted stock | $30.9M | $29.7M | $29.2M | $28M | $32.7M | $40.2M | $47.1M | $33M |
| Change in estimated acquisition earnout payables | $18.8M | -$15.3M | $38.6M | $15M | -$5.6M | $28.9M | $6.9M | $17M |
| Stock-based compensation | $10M | $11M | $9.9M | $14M | $11.5M | $11.8M | $11.7M | $17M |
| Unrealized Foreign Currency Transaction Gain (Loss) | -$1.7M | -$15.4M | $16M | -$24M | -$26.2M | $0 | -$5.4M | $4M |
| Unrealized Foreign Currency Transaction Gain (Loss) | -$1.7M | -$15.4M | $16M | -$24M | -$26.2M | $0 | -$5.4M | $4M |
| Foreign Currency Transaction Gain (Loss) | -$1.7M | -$15.4M | $16M | -$24M | -$26.2M | $0 | -$5.4M | $4M |
| Unrealized Gain (Loss), Foreign Currency Transaction, before Tax | -$1.7M | -$15.4M | $16M | -$24M | -$26.2M | $0 | -$5.4M | $4M |
| Unrealized Foreign Currency Transaction Gain (Loss) | -$1.7M | -$15.4M | $16M | -$24M | -$26.2M | $0 | -$5.4M | $4M |
| Unrealized Foreign Currency Gain (Loss) | -$1.7M | -$15.4M | $16M | -$24M | -$26.2M | $0 | -$5.4M | $4M |
| Gain (Loss) on Investments | — | $22.1M | — | $6M | $5.9M | — | $19.3M | -$2M |