PowerSchool Holdings, Inc.

PWSCNYSETechnology

$22.81

$-0.04(-0.18%)

Market Cap$3.8B

P/E Ratio—

52W High$25.16

52W Low$16.15

Avg Volume2.2M

Open$22.81

Beta1.05

Free Cash Flow Financials Revenue

PowerSchool Holdings, Inc. (PWSC) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

PWSC · free cash flow · updated Jun 9, 2026

Core FCF metrics

PWSC · FCF · TTM · margin & CAGR

Free cash flow was $129.6M for FY2023 (fiscal year ending 2023-12-31), up 24.8% year-over-year The FCF margin was 18.6%.

FY2023 Free Cash Flow$129.6M▲ +24.8% YoY

Trailing 12M (TTM)$83.2Mtrailing 4 quarters sum

FCF Margin18.6%$129.6M ÷ revenue

3-Year CAGR+30.9%FY2020 → FY2023

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 9, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

PWSC · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2023Latest$170.6M(41M)$129.6M▲ +24.8%18.6%

FY2022$149.0M(45M)$103.9M▲ +0.7%16.5%

FY2021$143.1M(40M)$103.2M▲ +78.3%18.5%

FY2020$89.5M(32M)$57.9M▲ +198.6%13.3%

FY2019$54.3M(35M)$19.4M—5.3%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

PWSC · P/FCF · FCF yield · FCF per share

PowerSchool Holdings, Inc. (PWSC) trades at a FCF yield of 3.41% and a price-to-free-cash-flow ratio of 44.7x. FCF per share stands at $0.51, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

3.41%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$0.51

TTM FCF ÷ Shares Outstanding

Price / FCF

x44.7

Share Price ÷ FCF per Share

EV / FCF (TTM)

x35.5

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2023 · 2023-12-31

Cash flow statement summary

PWSC · cash flow statement · operating / investing / financing

For FY2023, PowerSchool Holdings, Inc. generated $170.6M in operating cash flow and spent 41M in capital expenditures, yielding $129.6M in free cash flow.

Operating Activities

+$170.6M

Cash from core business operations

2023-12-31

Investing Activities

−$344.5M

CapEx, acquisitions & investments

2023-12-31

Financing Activities

+$75.9M

Buybacks, dividends & debt

2023-12-31

FCF FormulaOperating CF ($170.6M) − |CapEx| (41M) = FCF ($129.6M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Technology)

PWSC vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

PowerSchool Holdings, Inc.YOU

PWSC

$129.6M+24.8%18.6%

Taiwan Semiconductor Manufacturing Company Limited

Microsoft Corporation

Technology · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

PowerSchool Holdings, Inc. (PWSC) reported free cash flow of $129.6M for FY2023 (fiscal year ending 2023-12-31), up 24.8% year-over-year. The FCF margin was 18.6%.

Based on available data, PowerSchool Holdings, Inc. has maintained positive free cash flow for at least 5 fiscal year(s). FCF peaked at $129.6M in FY2023.

PowerSchool Holdings, Inc.'s FCF yield is 3.41% and price-to-FCF ratio is 44.7x for FY2023, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

PWSC free cash flow · 8 questions

PowerSchool Holdings, Inc. free cash flow was $129.6M for FY2023, up 24.8% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $83.2M.

PWSC free cash flowPWSC FCFPWSC FCF 2023PWSC free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · PowerSchool Holdings, Inc. · PowerSchool Holdings, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 9, 2026