Immatics reported cash from operations of -$70.28M and free cash flow of -$69.27M for the quarter ended Jun 2026, down 59.0% year over year. This cash flow statement covers 29 quarters of results from Jun 2019 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Cash Flow Statement | Jun2019 | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||||||||
| Net Income | -148.47M | 194.34M | 96.14M | -14.92M | -21.11M | -23.51M | -21.20M | -26.80M | -28.84M | 178.06M | -2.43M | 24.20M | -50.27M | 43.55M | -41.92M | 169.86M | -316.76M | 415.79M | -67.69M | 207.04M | |||||||||
| Share-based Compensation | -19.65M | 30.65M | 6.40M | 5.93M | -17.93M | 29.68M | 0.25M | 0.58M | -0.12M | 21.57M | 4.67M | 4.64M | 4.95M | 4.84M | 4.55M | -5.21M | 14.02M | 3.84M | 6.92M | -8.33M | |||||||||
| Deferred Taxes | -8.36M | -2.28M | -6.26M | 14.31M | -34.41M | -18.11M | -46.81M | 95.59M | -16.85M | 0.55M | 0.59M | 15.17M | |||||||||||||||||
| Cash from Discontinued Operations | 122.45M | -33.23M | -37.04M | ||||||||||||||||||||||||||
| Gains from Investment Securities | 6.43M | 1.83M | -18.55M | 2.97M | 5.91M | -3.13M | -7.94M | 14.27M | 1.52M | -5.41M | -1.13M | 0.70M | -4.21M | -13.93M | -1.68M | -0.15M | |||||||||||||
| Non-cash Items | |||||||||||||||||||||||||||||
| Cash from Operations | -26.98M | -28.90M | 122.45M | 58.28M | -32.41M | -32.09M | -25.45M | -7.20M | -33.23M | 85.08M | -35.42M | -35.77M | -37.04M | -62.49M | -35.98M | -44.21M | -52.26M | -68.29M | -49.22M | -70.28M | |||||||||
| Depreciation, Depletion & Amortization | |||||||||||||||||||||||||||||
| Depreciation & Amortization (CF)Depreciation & Amortization | 2.01M | 1.48M | 1.84M | 1.89M | 1.83M | 1.78M | 1.94M | 2.02M | 1.92M | 1.94M | 3.27M | 3.34M | 3.33M | 3.29M | 3.30M | 3.43M | 3.58M | 3.69M | 3.25M | 3.49M | |||||||||
| Change in Working Capital | |||||||||||||||||||||||||||||
| Change in Receivables | -0.01M | 0.05M | -0.07M | -0.23M | -0.18M | 0.03M | 0.94M | -0.11M | -0.20M | -3.85M | 2.51M | -1.11M | -0.15M | -3.11M | 0.27M | 4.12M | -1.44M | -3.38M | 2.28M | -1.55M | |||||||||
| Change in Account Payables | -3.38M | -20.08M | 36.81M | 69.66M | |||||||||||||||||||||||||
| Change in Accured Expenses | -3.38M | -20.08M | 36.81M | 68.43M | -12.85M | -39.41M | -8.36M | 8.92M | 0.24M | 91.86M | 0.21M | 0.24M | 0.26M | -160.71M | -16.85M | 0.55M | 19.01M | -44.63M | 12.18M | -0.61M | |||||||||
| Change in Taxes | 1.72M | -1.97M | -0.61M | -1.56M | -0.76M | -11.10M | -5.13M | -0.65M | -3.11M | -1.23M | -0.98M | -0.57M | |||||||||||||||||
| Other Working Capital Changes | -0.91M | -0.84M | -0.78M | -0.83M | -0.86M | -0.87M | -0.89M | -0.84M | |||||||||||||||||||||
| Investing Activities | |||||||||||||||||||||||||||||
| Capital Expenditures | -1.61M | -2.09M | -1.30M | -0.86M | -1.44M | -2.40M | -4.63M | -11.64M | -7.08M | -10.00M | -9.97M | -2.82M | -3.08M | -1.79M | -3.23M | -1.62M | -1.27M | -1.13M | -0.89M | -1.01M | |||||||||
| Sales of Property, Plant and Equipment | 0.00M | 0.05M | -0.00M | 0.00M | 0.00M | 0.05M | 0.03M | 0.00M | |||||||||||||||||||||
| Change in Intangibles | -0.11M | -0.07M | -0.00M | -0.00M | -0.22M | -0.26M | -0.01M | -0.16M | -0.00M | -0.00M | -0.16M | -0.06M | -0.06M | -0.15M | -0.07M | ||||||||||||||
| Divestments | -76.82M | 73.59M | |||||||||||||||||||||||||||
| Change in Acquisitions & Divestments | 7.85M | 6.08M | 73.35M | 105.18M | 70.35M | 199.25M | 62.96M | 149.25M | 76.67M | 51.38M | 324.55M | 99.40M | 144.65M | 34.65M | 50.02M | 73.01M | |||||||||||||
| Cash from Investing Activities | 23.15M | -2.09M | 6.55M | -58.01M | -71.65M | -92.03M | -3.99M | -18.33M | -76.82M | 64.27M | -262.70M | 75.19M | 73.59M | -50.66M | 49.24M | 72.73M | 143.39M | -33.66M | -32.88M | -9.48M | |||||||||
| Financing Activities | |||||||||||||||||||||||||||||
| Debt Issuance and Repayment | |||||||||||||||||||||||||||||
| Long-Term Debt Issuances | -0.77M | -0.75M | -0.77M | -0.69M | -0.93M | -1.09M | -1.10M | -1.05M | |||||||||||||||||||||
| Short-Term Debt repayments | -1.10M | -0.91M | |||||||||||||||||||||||||||
| Change in Capital Stock | |||||||||||||||||||||||||||||
| Net Equity Issued and Repurchased | 0.02M | 3.93M | 115.77M | 56.38M | 201.70M | -12.05M | 0.09M | 180.01M | 0.00M | 124.90M | 26.08M | 0.07M | |||||||||||||||||
| Misc. | |||||||||||||||||||||||||||||
| Cash from Financing Activities | -0.80M | -0.67M | -0.77M | 16.96M | 3.04M | 107.62M | -0.93M | 39.69M | 54.32M | -1.05M | 189.73M | -0.61M | -0.83M | 156.40M | -0.78M | -0.82M | -0.86M | 115.88M | 24.55M | -0.77M | |||||||||
| Exchange Rate Effect | 6.05M | -0.71M | 2.00M | 8.43M | 5.20M | -13.64M | -2.47M | -0.57M | 4.61M | -3.03M | 3.69M | 0.01M | -1.62M | 7.56M | -6.07M | -12.08M | 1.25M | -1.13M | 5.35M | 0.47M | |||||||||
| Change in Cash | -4.64M | -31.66M | 128.23M | 17.23M | -101.01M | -16.49M | -30.38M | 14.16M | -55.73M | 148.31M | -108.40M | 38.81M | 35.73M | 43.25M | 12.48M | 27.69M | 90.27M | 13.93M | -57.55M | -80.53M | |||||||||
| Beginning Cash Balance | 244.74M | 237.41M | 149.26M | 141.91M | 134.09M | 135.69M | 159.80M | 239.93M | |||||||||||||||||||||
| Free Cash Flow | -25.37M | -26.81M | 123.75M | 59.15M | -30.97M | -29.69M | -20.82M | 4.44M | -26.15M | 95.08M | -25.45M | -32.95M | -33.97M | -60.70M | -32.75M | -42.59M | -50.99M | -67.16M | -48.33M | -69.27M | |||||||||
| Net Cash Flow | -4.64M | -31.66M | 128.23M | 17.23M | -101.01M | -16.49M | -30.38M | 14.16M | -55.73M | 148.31M | -108.40M | 38.81M | 35.73M | 43.25M | 12.48M | 27.69M | 90.27M | 13.93M | -57.55M | -80.53M |