Denali Therapeutics Inc. Cash Flow Charts

8 quarters of history · ending 2025-12-31 · SEC EDGAR

Source:10-K · 10-Q

Capital Allocation

How management deploys cash: investing in the business (Capex + M&A) vs returning to shareholders (Buybacks + Dividends).

Capital Allocation Waterfall

Buybacks vs Stock-Based Comp

Cash Flow

Cash Flow by Activity

Operating Cash Flow↓-15.7% -$18M
$-131M
Free Cash Flow↑+70.1% +$4M
$-2M
Investing Cash Flow↓-87.9% -$151M
$21M
Financing Cash Flow
$192M
Capex↓-70.1% -$4M
$2M
Stock-Based Comp↓-4.5% -$1M
$24M
D&A↑+54.7% +$1M
$3M
SBC Allocated Expense↓-4.5% -$1M
$24M