SIGA Technologies (SIGA) Cash Flow: Operating & Free Cash Flow

SIGA Technologies (SIGA) Cash Flow Statement

In fiscal 2025 (fiscal year ended Dec 31, 2025), SIGA Technologies generated $43.47M of operating cash flow and spent $355.01K on capital expenditures. That left free cash flow of $43.12M, down 11.5% from $48.72M a year earlier, or 45.6% of revenue. It returned $43.55M to shareholders through $43.12M in dividends and $433.76K in share buybacks.

SIGA Technologies Cash Flow Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Cash flow statement showing operating, investing, and financing activities for SIGA Technologies, Inc. (SIGA) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Operating Activities
Net Income	23.28	59.21	68.07	33.90	69.45	56.34	-7.24	421.81	-36.24
Depreciation & Amortization	0.56	0.54	0.54	0.52	0.52	0.53	0.53	0.07	0.13
Deferred Income Tax	6.43	0.19	-4.80	-3.83	0.12	11.61	-2.42	-9.30	-2.72
Stock Based Compensation	3.68	3.64	2.05	1.78	1.27	1.35	2.11	2.27	1.10
Change in Working Capital	8.26	-4.69	28.36	2.09	-60.37	-7.70	-10.59	2.89	8.34
Change in Accounts Receivable	17.90	-0.04	24.28	38.24	-80.31	0.83	-2.21	-0.05	1.35
Change in Inventory	-0.85	15.34	-25.52	-19.96	0.14	-8.01	-6.74	0.00	22.69
Change in Accounts Payable	-0.58	-5.74	2.00	1.53	1.47	-3.12	0.94	1.62	-1.85
Change in Other Working Capital	-0.61	-0.59	27.61	0.17	18.34	0.70	-2.58	1.32	-13.86
Other Operating Activities	7.78	0.52	0.58	-4.03	0.50	21.00	-0.59	-348.87	21.23
Net Cash from Operating Activities	43.47	48.76	94.80	41.61	11.49	71.52	-18.20	68.87	-8.16
Investing Activities
Capital Expenditures	-0.36	-0.04	-0.02	0.00	-0.05	-0.02	-0.03	-0.10	-0.10
Other Investing Activities	0.00	0.00	0.00	0.00	0.00	0.00	0.00	78.34	0.00
Net Cash from Investing Activities	-0.36	-0.04	-0.02	0.00	-0.05	-0.02	-0.03	78.24	-0.10
Financing Activities
Debt Repayment	0.00	0.00	0.00	0.00	0.00	-85.91	0.00	0.00	0.00
Common Stock Issued	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.26	0.09
Common Stock Repurchased	-0.43	-0.80	-11.07	-13.02	-26.02	-28.69	0.00	-4.07	-0.59
Dividends Paid	-43.12	-42.67	-32.14	-32.94	0.00	0.00	0.00	0.00	0.00
Other Financing Activities	-0.43	-0.80	-0.21	-0.01	-0.17	-0.18	-1.18	-3.81	0.01
Net Cash from Financing Activities	-43.55	-43.46	-43.42	-45.96	-26.20	-114.60	-1.18	-3.81	-0.59
Summary
Net Change in Cash	-0.43	5.25	51.36	-4.35	-14.75	-43.10	-19.41	143.30	-8.84
Cash at Beginning of Period	155.40	150.15	98.79	103.14	117.89	160.99	180.40	37.10	28.70
Cash at End of Period	154.97	155.40	150.15	98.79	103.14	117.89	160.99	180.40	19.86
Free Cash Flow	43.12	48.72	94.78	41.61	11.44	71.50	-18.23	68.77	-8.26
Supplemental Disclosures
Income Taxes Paid	-	30.36	3.50	31.37	1.06	3.72	-	-	-

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About SIGA Technologies Cash Flow

What is SIGA Technologies's free cash flow?

SIGA Technologies generated free cash flow of $43.12M in fiscal 2025 (fiscal year ended Dec 31, 2025), operating cash flow of $43.47M minus $355.01K of capital expenditures. That was down 11.5% from $48.72M a year earlier. Free cash flow equaled 45.6% of revenue.

How much does SIGA Technologies spend on capital expenditures?

SIGA Technologies spent $355.01K on capital expenditures in fiscal 2025, compared with $42.45K a year earlier. That equals 0.8% of operating cash flow.

Does SIGA Technologies pay dividends or buy back shares?

Yes. In fiscal 2025 SIGA Technologies returned $43.12M in dividends and $433.76K in share buybacks to shareholders, according to its cash flow statement.

What is free cash flow?

Free cash flow is operating cash flow minus capital expenditures. It is the cash a company has left for dividends, buybacks, debt repayment or acquisitions after funding its operations and investment. Full definition