Filing Flows

Filing Flows › Companies › Brinker International › Cash flow

Brinker International cash flow, quarter by quarter

Latest: Q1 FY27 · from the cash-flow statements filed with the SEC

Free cash flow$106M in Q1 FY27 · $601M over twelve months

Operating cash flow$169M
Capital spending−$63.4M
Free cash flow+$106M
Cash / net income1.5×
Cash conversion cycle-28 days

Analysis

In Q1 FY27, Brinker International generated $169M of operating cash flow and spent $63.4M on capital projects, leaving free cash flow of $106M.

Over the twelve months to Sep 23, 2026, operating cash flow was $838M; the largest uses were buybacks ($475M), capital spending ($237M), net borrowing (+) / repaid (−) ($103M); besides operations, cash came from shares issued ($800K); the cash balance fell by $2.9M.

Operating cash flow was $169M against net income of $113M — 1.5× profit, cash ran ahead of reported earnings. The largest differences: accrued liabilities −$15.2M, stock-based pay +$8.3M, prepaid and other assets −$6.9M.

Its cash conversion cycle was -28 days (receivables 5 + inventory 8 − payables 41): suppliers fund its working capital.

Free cash flow

Brinker International: free cash flow by quarterBrinker International: free cash flow by quarter$169MQ2 FY25$132MQ3 FY25$106MQ4 FY25$62.2MQ1 FY26$155MQ2 FY26$181MQ3 FY26$159MQ4 FY26$106MQ1 FY27
Operating cash flow less capital spending.
Brinker International: operating cash flow against capital spendingBrinker International: operating cash flow against capital spendingOperating cash flowCapital spending$218M$49.3MQ2 FY25$212M$79.6MQ3 FY25$186M$79.9MQ4 FY25$121M$58.6MQ1 FY26$219M$63.7MQ2 FY26$232M$51.2MQ3 FY26$218M$58.4MQ4 FY26$169M$63.4MQ1 FY27
Latest (Q1 FY27): Operating cash flow $169M, Capital spending $63.4M.

Capital allocation, year by year

Brinker International: where the cash came from (up) and went (down), by fiscal yearBrinker International: where the cash came from (up) and went (down), by fiscal yearOperating cash flowNet borrowingShares issuedAsset salesCapital spendingAcquisitionsBuybacksDividendsFY22: Operating cash flow $252MFY22: Net borrowing $52.6MFY22: Shares issued $400KFY22: Asset sales $20.5MFY22: Capital spending −$150MFY22: Acquisitions −$107MFY22: Buybacks −$101MFY22: Dividends −$1.1M$326MFY22FY23: Operating cash flow $256MFY23: Net borrowing −$104MFY23: Shares issued $12.5MFY23: Capital spending −$185MFY23: Buybacks −$5.0MFY23: Dividends −$600K$269MFY23FY24: Operating cash flow $422MFY24: Net borrowing −$181MFY24: Shares issued $27.9MFY24: Capital spending −$199MFY24: Buybacks −$25.8MFY24: Dividends −$200K$450MFY24FY25: Operating cash flow $679MFY25: Net borrowing −$401MFY25: Shares issued $8.3MFY25: Capital spending −$265MFY25: Buybacks −$90.2M$687MFY25FY26: Operating cash flow $789MFY26: Net borrowing −$24.1MFY26: Shares issued $700KFY26: Capital spending −$232MFY26: Buybacks −$444M$790MFY26
Over these 5 years operating cash flow totalled $2.4B; the largest uses were capital spending ($1.0B) and net borrowing ($711M). Cash-flow statements as filed.

Cash runway and the debt wall

Cash & investments$30.7M
Debt$485M
Net debt$454M
Due within a year$33.8M

Brinker International funds itself: free cash flow was $601M over the last twelve months, and $30.7M of cash and investments stands against $485M of debt ($33.8M due within a year, 0.9× covered by cash).

Where the cash came from and went

Brinker International: sources (+) and uses (−) of cash, Q1 FY27Brinker International: sources (+) and uses (−) of cash, Q1 FY27Operating cash flow$169MBuybacks−$165MCash drawn (+) / kept (−)$79.3MCapital spending−$63.4MAcquisitions−$27.1MNet borrowing (+) / repaid (−)$7.0MShares issued$300K
Brinker International: sources (+) and uses (−) of cash, TTM to Q1 FY27Brinker International: sources (+) and uses (−) of cash, TTM to Q1 FY27Operating cash flow$838MBuybacks−$475MCapital spending−$237MNet borrowing (+) / repaid (−)−$103MOther investing−$26.9MCash drawn (+) / kept (−)$2.9MShares issued$800K

From profit to cash

Brinker International: net income to operating cash flow, Q1 FY27Brinker International: net income to operating cash flow, Q1 FY27Net income$113MStock-based pay$8.3MInventory$900KPayables$2.4MAccrued liabilities−$15.2MPrepaid and other assets−$6.9MOther liabilities$3.3MIncome taxes payable$5.7MOperating cash flow$169M
Non-cash charges are added back; money tied up in receivables or inventory is subtracted.
QuarterReceivable daysInventory daysPayable daysCash conversion cycle
Q1 FY275841-28
Q4 FY265841-27
Q3 FY266943-28
Q2 FY265940-26
Q1 FY265943-30
Q4 FY254944-31
Q3 FY254945-31
Q2 FY255942-28

Every quarter

QuarterOperating cash flowCapital spendingAcquisitionsBuybacksNet borrowing (+) / repaid (−)Shares issuedCash drawn (+) / kept (−)Free cash flow
Q1 FY27$169M−$63.4M−$27.1M−$165M$7.0M$300K$79.3M$106M
Q4 FY26$218M−$58.4M—−$100M−$6.0M$100K−$52.9M$159M
Q3 FY26$232M−$51.2M—−$108M−$30.9M$400K−$42.1M$181M
Q2 FY26$219M−$63.7M—−$100M−$73.3M—$18.6M$155M
Q1 FY26$121M−$58.6M—−$134M$86.1M$200K−$14.7M$62.2M
Q4 FY25$186M−$79.9M—−$3.9M−$99.5M$300K−$1.4M$106M
Q3 FY25$212M−$79.6M—−$1.1M−$129M$600K−$2.7M$132M
Q2 FY25$218M−$49.3M—−$10.4M−$164M$4.0M$1.4M$169M

Brinker International: income statement and cash flow

Brinker International, Q1 FY27: revenue $1.5B (+9% year over year), operating margin 10.2%. The chart follows the revenue to costs, profit and cash.

Brinker International: 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.