Stock Analysis on Net

Twitter Inc. (NYSE:TWTR)

This company has been moved to the archive! The financial data has not been updated since July 26, 2022.

Cash Flow Statement
Quarterly Data

The cash flow statement provides information about a company cash receipts and cash payments during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company balance sheet.

The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.

Twitter Inc., consolidated cash flow statement (quarterly data)

US$ in thousands

Microsoft Excel
3 months ended: Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Net income (loss) (270,007) 513,286 181,694 (536,757) 65,649 68,005 222,116 28,659 (1,378,005) (8,396) 118,773 36,522 1,119,560 190,804 255,303 789,179 100,117 60,997 91,079 (21,095) (116,488) (61,559)
Depreciation and amortization expense 173,288 160,283 145,536 133,448 134,812 131,052 128,708 121,983 123,837 120,649 116,473 119,986 115,616 113,474 110,723 111,947 105,982 96,846 92,520 97,492 103,063 102,792
Stock-based compensation expense 282,190 177,263 176,531 164,295 178,202 110,873 128,184 115,969 132,876 97,903 101,296 98,623 94,615 83,491 81,887 91,606 79,469 73,266 102,454 100,959 113,396 116,997
Amortization of discount on convertible notes 27,000 26,673 26,556 21,504 20,047 30,464 31,910 30,877 31,017 30,878 23,309 20,722 20,417 20,355 20,041 19,248
Bad debt expense 397 (709) (874) 2,043 1,796 (1,405) 1,914 (634) 3,428 14,067 422 1,298 736 627 389 336 626 259 560 (1,329) 37 1,318
Deferred income taxes (59,559) 190,707 (5,985) (199,772) 856 (23,873) (4,596) (6,345) (19,013) (7,024) 15,782 5,898 48,325 14,364 66,481 (22,475) 73 (670) (5,072) (575) (528) (240)
(Gain) impairment on investments in privately-held companies (22,600) (24,651) (24,900) (51,894) 339 500 8,003 1,550 3,000 7,439 55,000
Gain on sale of asset group 11 (970,474)
Deferred tax assets valuation allowance release (119,835) (683,606) (41,688)
Deferred tax assets establishment related to intra-entity transfers of intangible assets (1,082,460) (124,420)
Deferred tax assets valuation allowance establishment 1,101,374
Other adjustments (5,047) 5,992 1,454 54 (3,272) 4,739 (3,008) (2,571) 3,240 (8,425) (3,487) 2,964 (22,912) 3,446 (8,690) (3,115) (4,037) 93 6,445 3,576 4,679 (9,533)
Accounts receivable 37,842 190,737 (209,776) (69,139) (100,328) 189,297 (285,851) (136,469) 65,349 168,932 (160,932) 26,695 (36,396) 103,633 (166,260) (11,579) (14,198) 61,166 (152,930) 22,572 (20,322) 153,348
Prepaid expenses and other assets 67,864 (48,836) (43,107) (33,874) 36,469 (80,989) 31,163 (27,722) 9,209 (6,252) (8,386) (18,669) 6,737 (9,284) 23,236 123,536 2,590 (22,892) (18,327) 6,009 22,344 (24,000)
Operating lease right-of-use assets 66,667 66,054 59,396 55,842 54,803 49,246 46,288 43,595 39,368 38,749 45,018 35,688 33,741 35,433
Accounts payable (52,595) (35,610) 168 17,883 27,626 (24,808) 23,954 20,512 (11,754) (14,480) 15,545 (7,859) 8,139 (12,879) 21,057 (5,762) 10,120 (26,948) 22,829 (842) 23,334 (36,950)
Accrued and other liabilities (110,092) (67,953) (768,616) 929,848 92,861 6,382 46,848 71,922 143,743 (139,168) 52,303 39,097 49,278 (47,997) 36,691 22,954 55,777 (20,166) 38,132 5,386 (14,849) (57,973)
Operating lease liabilities (78,663) (54,649) (40,212) (49,991) (55,613) (38,335) (32,420) (41,124) (39,692) (39,295) (35,675) (35,188) (29,466) (29,876)
Changes in assets and liabilities, net of assets acquired and liabilities assumed from acquisitions (68,977) 49,743 (1,002,147) 850,569 55,818 100,793 (170,018) (69,286) 206,223 8,486 (92,127) 39,764 32,033 39,030 (85,276) 129,149 54,289 (8,840) (110,296) 33,125 10,507 34,425
Adjustments to reconcile net income (loss) to net cash provided by operating activities 299,703 (387,195) (710,136) 925,737 316,318 322,179 108,184 186,128 1,579,021 255,163 158,406 298,997 (780,587) 160,889 76,696 (345,280) 221,023 181,676 107,028 261,042 306,195 265,007
Net cash provided by operating activities 29,696 126,091 (528,442) 388,980 381,967 390,184 330,300 214,787 201,016 246,767 277,179 335,519 338,973 351,693 331,999 443,899 321,140 242,673 198,107 239,947 189,707 203,448
Purchases of property and equipment (154,496) (163,174) (139,943) (411,227) (279,195) (181,181) (295,525) (290,746) (164,416) (122,667) (151,615) (170,252) (135,795) (83,026) (74,021) (120,372) (196,450) (93,091) (40,159) (36,076) (44,626) (39,881)
Proceeds from sales of property and equipment 850 2,482 1,549 2,076 3,002 1,835 3,355 1,910 2,282 1,623 1,868 1,233 1,101 1,956 4,943 3,671 2,693 1,763 1,493 1,290
Purchases of marketable securities (543,093) (1,100,837) (951,645) (619,318) (794,866) (1,370,830) (1,168,412) (1,981,219) (1,889,234) (1,233,530) (1,857,429) (948,761) (1,356,779) (1,635,142) (1,280,084) (2,063,444) (1,158,986) (831,882) (667,099) (442,070) (876,081) (701,964)
Proceeds from maturities of marketable securities 1,068,945 697,351 623,514 1,103,717 863,076 1,221,461 987,343 1,085,761 1,355,500 1,125,634 776,235 1,382,924 1,057,638 1,711,300 982,546 1,134,690 955,681 660,056 555,969 562,091 802,237 659,450
Proceeds from sales of marketable securities (1) 590,593 31,012 48,820 25,191 1,067,603 167,367 66,718 136,416 722,253 193,791 110,026 28,941 34,358 16,590 19,759 16,860 5,512 16,008 1 34,019 74,798
Changes in restricted cash 385 (12) 1,598 1,623
Purchases of investments in privately-held companies (1,522) (5,014) (6,572) (1,692) (630) (30,867) (8,073) (2,500) (1,339) (51,163) (1,200) (825) (1,350) (300) (525)
Proceeds from sale of asset group 1,050,000
Investments in Finance Justice Fund (24,000) (6,500) (17,500) (29,300) (12,500) (10,200)
Business combinations, net of cash acquired (9,379) (9,765) (14,559) (8,378) (13,731) (19,505) (14,780) (9,362) (20,302) (1,068) (32,504)
Other investing activities (41,680) 700 (9,085) (11,050) (9,087) 11,368 (5,000) 1 (96) 24,994
Net cash (used in) provided by investing activities 337,304 1,064,901 (511,030) 93,076 (209,781) 680,358 (327,676) (1,120,076) (578,957) 466,144 (1,046,512) 314,920 (413,828) 29,446 (356,226) (1,026,764) (413,531) (258,992) (134,895) 85,031 (82,088) 19,020
Proceeds from issuance of convertible notes 1,437,500 1,000,000 1,150,000
Proceeds from issuance of senior notes 1,000,000 700,000
Purchases of convertible note hedges (213,469) (267,950)
Proceeds from issuance of warrants concurrent with note hedges 161,144 186,760
Debt issuance costs (11,270) (16,769) (14,662) (8,070) (300) (1,753) (11,730)
Repayment of convertible notes (954,000) (935,000)
Repurchases of common stock (2,077,759) (265,709) (169,457) (333,812) (161,552) (245,292)
Taxes paid related to net share settlement of equity awards (8,951) (4,190) (5,270) (6,215) (4,928) (10,569) (4,243) (3,726) (2,925) (11,693) (2,899) (3,757) (3,461) (9,477) (3,083) (6,820) (1,803) (7,557) (1,913) (2,026) (1,933) (3,090)
Payments of finance lease obligations (565) (2,489) (4,117) (6,490) (9,966) (13,050) (15,694) (18,214) (19,719) (20,847) (22,222) (23,035) (24,247) (22,090) (25,535) (28,066) (27,084)
Proceeds from exercise of stock options 254 66 19 51 28 1,958 4,988 31 118 305 35 244 414 95 164 154 329 2,768 1,572 541 809 6,522
Proceeds from issuances of common stock under employee stock purchase plan 49,404 29,261 39,531 21,076 34,395 17,169 25,209 12,951 16,337 9,901 14,019
Net cash provided by (used in) financing activities 40,707 (1,093,153) (241,699) (1,129,621) (299,181) 1,197,678 (225,960) (7,812) 25,098 963,984 693,185 (954,207) 3,948 (29,101) (11,115) (30,641) 1,048,908 (29,036) (12,530) (27,020) (15,171) (23,652)
Foreign exchange effect on cash, cash equivalents and restricted cash (10,838) (814) (4,689) (4,392) 4,019 (8,018) 10,849 924 (3,830) (11,948) 6,366 (8,792) 7,148 (146) 915 (2,697) (14,464) 1,950 1,173 277 4,309 4,152
Net increase (decrease) in cash, cash equivalents and restricted cash 396,869 97,025 (1,285,860) (651,957) (122,976) 2,260,202 (212,487) (912,177) (356,673) 1,664,947 (69,782) (312,560) (63,759) 351,892 (34,427) (616,203) 942,053 (43,405) 51,855 298,235 96,757 202,968

Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

Cash flow statement item Description The company
Net cash provided by operating activities Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Twitter Inc. net cash provided by operating activities increased from Q4 2021 to Q1 2022 but then slightly decreased from Q1 2022 to Q2 2022.
Net cash (used in) provided by investing activities Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Twitter Inc. net cash (used in) provided by investing activities increased from Q4 2021 to Q1 2022 but then slightly decreased from Q1 2022 to Q2 2022.
Net cash provided by (used in) financing activities Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Twitter Inc. net cash provided by (used in) financing activities decreased from Q4 2021 to Q1 2022 but then increased from Q1 2022 to Q2 2022 exceeding Q4 2021 level.