# WATSCO, INC. (WSO) FY2026 Q2 Statement of Cash Flows

- Company: WATSCO, INC. (WSO)
- Period: 2026-04-01 to 2026-06-30
- Filing: Q2 FY2026 10-Q, filed 2026-08-07, accession number 0001193125-26-340204
- Page: https://plicit.ai/financials/wso/fy2026-q2-cash-flow
- Chart image: https://plicit.ai/charts/wso-fy2026-q2-cash-flow-sankey.png

## Chart details

Cash flows for Apr 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Mar 31, 2026. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

- **Beginning cash on Mar 31, 2026**: 392,679,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
- **Operating activities**: negative 2,535,000 US dollars. Net cash used.
- **Depreciation and amortization**: 10,924,000 US dollars
- **Share-based compensation**: 8,634,000 US dollars
- **Other, net**: 1,893,000 US dollars
- **Non-cash contribution to 401(k) plan**: 0 US dollars
- **Other income from investment in unconsolidated entity**: negative 8,429,000 US dollars
- **Accounts receivable, net**: negative 199,044,000 US dollars
- **Inventories, net**: negative 113,538,000 US dollars
- **Accounts payable and other liabilities**: 104,459,000 US dollars
- **Other, net**: 618,000 US dollars
- **Net income**: 191,302,000 US dollars
- **Provision for doubtful accounts**: 646,000 US dollars
- **Investing activities**: 98,627,000 US dollars. Net cash provided.
- **Capital expenditures**: negative 8,988,000 US dollars
- **Proceeds from maturities of short-term cash investments**: 100,000,000 US dollars
- **Business acquisitions, net of cash acquired**: 7,663,000 US dollars
- **Proceeds from sale of property and equipment**: negative 48,000 US dollars
- **Purchases of short-term cash investments**: 0 US dollars
- **Financing activities**: negative 123,390,000 US dollars. Net cash used.
- **Dividends on common stock**: negative 134,145,000 US dollars
- **Distributions to non-controlling interest**: 0 US dollars
- **Repurchases of common stock to satisfy employee withholding tax obligations**: negative 813,000 US dollars
- **Proceeds from non-controlling interest for investment in W.L. Lashley & Associates, Inc.**: 0 US dollars
- **Net repayments of finance lease liabilities**: negative 1,180,000 US dollars
- **Proceeds from dividend reinvestment plan**: 4,256,000 US dollars
- **Proceeds from issuances of Common stock under employee related plans**: 8,492,000 US dollars
- **Operating adjustment reconciliation**: 321,011,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
- **financing gross reconciliation**: 136,138,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- **investing gross reconciliation**: 107,663,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- **Exchange-rate effect**: negative 1,192,000 US dollars
- **Ending cash on Jun 30, 2026**: 364,189,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
- **Cash sources and uses**: 491,306,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- **Net cash change**: negative 28,490,000 US dollars. Ending cash minus beginning cash.
- **Cash flow / Net income**: −0.01×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
- **Operating cash flow**: negative 2,535,000 US dollars. Operating cash flow used in the free cash flow calculation.
- **Cash purchases of property, plant and equipment**: 8,988,000 US dollars. These cash purchases are already included in investing activities above.
- **Free cash flow**: negative 11,523,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

### Chart connections

- Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
- Financing contributions meet at a reconciliation junction before connecting to the net cash total.
- Investing contributions meet at a reconciliation junction before connecting to the net cash total.
- Operating reconciliation adjustments are not all independent cash receipts.
- Net income or operating cash is negative. The full signed reconciliation is retained: losses remain deductions, and any negative operating-cash total enters the junction from the cash pool. No positive direct-income connection is implied.
- Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
- The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
- Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: negative 2,535,000 US dollars minus 8,988,000 US dollars equals negative 11,523,000 US dollars.