Filing Flows

Filing Flows › Companies › Brinks › Cash flow

Brinks cash flow, quarter by quarter

Latest: Q3 2026 · from the cash-flow statements filed with the SEC

Free cash flow$52.4M in Q3 2026

Operating cash flow$89.6M
Capital spending−$37.2M
Free cash flow+$52.4M
Cash / net income5.4×
Cash conversion cycle29 days

Analysis

In Q3 2026, Brinks generated $89.6M of operating cash flow and spent $37.2M on capital projects, leaving free cash flow of $52.4M. That is $25.0M less than in Q3 2025 ($77.4M).

Operating cash flow was $89.6M against net income of $16.5M — 5.4× profit, cash ran ahead of reported earnings. The largest differences: depreciation & amortization +$76.0M, contract assets −$39.9M, deferred taxes −$8.1M.

Its cash conversion cycle was 29 days (receivables 58 + inventory 0 − payables 28).

Free cash flow

Brinks: free cash flow by quarterBrinks: free cash flow by quarter$307MQ4 2024−$119MQ1 2025$152MQ2 2025$77.4MQ3 2025−$11.4MQ1 2026$1.7MQ2 2026$52.4MQ3 2026
Operating cash flow less capital spending.
Brinks: operating cash flow against capital spendingBrinks: operating cash flow against capital spendingOperating cash flowCapital spending$370M$62.6MQ4 2024−$60.2M$58.9MQ1 2025$204M$51.8MQ2 2025$122M$44.7MQ3 2025$28.7M$40.1MQ1 2026$36.5M$34.8MQ2 2026$89.6M$37.2MQ3 2026
Latest (Q3 2026): Operating cash flow $89.6M, Capital spending $37.2M.

Capital allocation, year by year

Brinks: where the cash came from (up) and went (down), by fiscal yearBrinks: where the cash came from (up) and went (down), by fiscal yearOperating cash flowNet borrowingShares issuedAsset salesCapital spendingAcquisitionsBuybacksDividendsFY2021: Operating cash flow $478MFY2021: Net borrowing $501MFY2021: Shares issued $2.3MFY2021: Asset sales $7.7MFY2021: Capital spending −$168MFY2021: Acquisitions −$313MFY2021: Buybacks −$200MFY2021: Dividends −$37.2M$989MFY2021FY2022: Operating cash flow $480MFY2022: Net borrowing $216MFY2022: Asset sales $5.7MFY2022: Capital spending −$183MFY2022: Acquisitions −$174MFY2022: Buybacks −$52.2MFY2022: Dividends −$37.6M$701MFY2022FY2023: Operating cash flow $702MFY2023: Asset sales $19.5MFY2023: Capital spending −$203MFY2023: Acquisitions −$1.5MFY2023: Buybacks −$170MFY2023: Dividends −$39.6M$722MFY2023FY2024: Operating cash flow $426MFY2024: Net borrowing −$59.4MFY2024: Asset sales $29.2MFY2024: Capital spending −$222MFY2024: Acquisitions −$19.1MFY2024: Buybacks −$204MFY2024: Dividends −$41.8M$455MFY2024FY2025: Operating cash flow $640MFY2025: Net borrowing $219MFY2025: Shares issued $600KFY2025: Asset sales $18.5MFY2025: Capital spending −$203MFY2025: Acquisitions −$6.0MFY2025: Buybacks −$209MFY2025: Dividends −$42.3M$878MFY2025
Over these 5 years operating cash flow totalled $2.7B; the largest uses were capital spending ($979M) and buybacks ($835M). Cash-flow statements as filed.

Cash runway and the debt wall

Cash & investments$1.6B
Debt$4.4B
Net debt$2.8B
Due within a year$163M

Brinks funds itself: free cash flow was — over the last twelve months, and $1.6B of cash and investments stands against $4.4B of debt ($163M due within a year, 9.6× covered by cash).

Brinks: debt maturities by year (FY2025)Brinks: debt maturities by year (FY2025)$163MYear 1$2.7BYear 2$189MYear 3$453MYear 4$38.0MYear 5$429MAfter year 5
Principal due in each year as disclosed in the annual report, against $1.6B of cash and investments now.

Where the cash came from and went

Brinks: sources (+) and uses (−) of cash, Q3 2026Brinks: sources (+) and uses (−) of cash, Q3 2026Cash drawn (+) / kept (−)$149MOperating cash flow$89.6MNet borrowing (+) / repaid (−)−$81.1MOther investing−$61.6MCapital spending−$37.2MExchange rates−$28.6MOther financing−$17.3MDividends−$10.5MPartners−$1.4MTaxes on employees’ shares−$600K

From profit to cash

Brinks: net income to operating cash flow, Q3 2026Brinks: net income to operating cash flow, Q3 2026Net income$16.5MDepreciation & amortization$76.0MStock-based pay$8.0MDeferred taxes−$8.1MOther non-cash$3.2MReceivables$3.6MContract assets−$39.9MPrepaid and other assets−$2.6MOther operating capital−$400KOperating cash flow$89.6M
Non-cash charges are added back; money tied up in receivables or inventory is subtracted.
QuarterReceivable daysInventory daysPayable daysCash conversion cycle
Q3 202658—2829
Q2 202656—2827
Q1 202652—2825
Q4 202552—2825
Q3 202556—2729
Q2 202555—2629
Q1 202554—2826
Q4 202458—2730

Every quarter

QuarterOperating cash flowCapital spendingAcquisitionsBuybacksDividendsNet borrowing (+) / repaid (−)Shares issuedCash drawn (+) / kept (−)Free cash flow
Q3 2026$89.6M−$37.2M——−$10.5M−$81.1M—$149M$52.4M
Q2 2026$36.5M−$34.8M——−$10.5M$85.0M—−$52.4M$1.7M
Q1 2026$28.7M−$40.1M—−$30.2M−$10.5M−$50.5M$200K$171M−$11.4M
Q3 2025$122M−$44.7M−$700K−$23.6M−$10.6M−$110M$600K$100M$77.4M
Q2 2025$204M−$51.8M—−$85.2M−$10.7M$229M—−$262M$152M
Q1 2025−$60.2M−$58.9M−$5.3M−$44.8M−$10.4M−$23.5M—$200M−$119M
Q4 2024$370M−$62.6M−$4.7M−$78.3M−$10.5M$44.8M—−$202M$307M

Brinks: income statement and cash flow

Brinks, Q3 2026: revenue $1.4B (+3% year over year), operating margin 9.5%. The chart follows the revenue to costs, profit and cash.

Brinks: every quarter, Q/Q and Y/Y → Open in the app

Read automatically from the company’s XBRL cash-flow statements; quarterly figures for the fourth quarter are the year less the first three. Errors are possible. Not investment advice.