Operating
MasTec·Cash Flow Statement·21 metrics
Breakdown
| Metric | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Increase (Decrease) in Contract with Customer, Asset | -$51.4M | — | -$95.8M | -$39.5M | $280.1M | $212.9M | $0 | $255.2M |
| Net cash from operating activities | $264.4M | $277.7M | $471.7M | $78.4M | $5.6M | $89M | $372.7M | $98.9M |
| Depreciation | $102.1M | $80.2M | $77M | $76.2M | $69.9M | $71.8M | $77.9M | $83.3M |
| Net income | $43.8M | $105.4M | $84.7M | $12.3M | $90.1M | $166.5M | $153.1M | $69.7M |
| Change in accounts payable | — | — | — | -$114.2M | $254.7M | $175.5M | — | $55.3M |
| Change in other assets | -$2.4M | -$12.5M | — | $17.7M | $0 | $37.9M | $9.7M | -$51.2M |
| Increase (Decrease) in Other Operating Assets | -$2.4M | -$12.5M | — | $17.7M | $0 | $37.9M | $9.7M | -$51.2M |
| Amortization of intangible assets | $33.6M | $34.4M | $38.2M | $32.6M | $32.7M | $32.7M | $33.1M | $38.6M |
| Change in deferred revenue | $72M | $84.8M | $23M | $30.7M | -$68.2M | — | -$2M | $28.1M |
| Change in other liabilities | -$2.9M | -$795K | $80.3M | $3.6M | $582K | $17.3M | — | $22.1M |
| Stock-based compensation | $7M | $7.3M | $8.6M | $6.9M | $9.4M | $9.3M | $8.4M | $8.3M |
| Equity Method Investments, Impairment | — | — | — | $0 | — | — | — | -$7.9M |
| Change in accounts receivable | — | $94.3M | -$78.7M | -$37.3M | $78.4M | $263.7M | — | -$4.8M |
| Change in inventories | -$4.2M | -$8.6M | -$7.6M | -$634K | $4.7M | $3.5M | — | $4.8M |
| Income (Loss) From Equity Method Investments, Net Of Impairment | — | — | — | $10.3M | — | — | — | $4.3M |
| Gain (Loss) on Sale of Assets and Asset Impairment Charges | $10.3M | $8.9M | $5.9M | $6M | $2.8M | $4.6M | $5M | $3.8M |
| Deferred income taxes | -$21.2M | — | -$24.1M | -$13.6M | -$12.6M | $110.3M | $31.1M | -$1.5M |
| Other working capital changes | -$7.8M | — | -$2.7M | $717K | -$588K | -$1.2M | -$1.6M | $1.1M |
| Other Noncash Income (Expense) | -$7.8M | — | -$2.7M | $717K | -$588K | -$1.2M | -$1.6M | $1.1M |
| Amortization of debt issuance costs | $1.6M | $1.2M | $1.4M | $1.2M | $1.3M | $1.2M | $1M | $384K |
| Non-cash interest expense | $1.6M | $1.2M | $1.4M | $1.2M | $1.3M | $1.2M | $1M | $384K |