In Q4'25, CPNG's Operating Cash Flow stood at $82M USD, marking a significant decline from $792M in Q3'25 and representing the lowest point in the observed period. Meanwhile, Free Cash Flow turned negative at -$278M USD, a sharp drop from $442M in the prior quarter, highlighting potential pressures from capital expenditures or operational inefficiencies at year-end. Over the period from Q1'23 to Q4'25, Operating Cash Flow exhibited volatility with an initial peak of $819M in Q2'23, followed by a general downward trend to $212M in Q1'24 before recovering to highs around $792M in Q3'25, though ending weakly; the average quarterly value hovered around $500M. Free Cash Flow showed similar fluctuations, starting strong at $407M in Q1'23, dipping into negatives twice (-$42M in Q3'24 and -$278M in Q4'25), with notable recoveries like $536M in Q3'23 and $463M in Q4'24, underscoring inconsistent cash generation amid varying investment demands. Overall, both metrics reflect a volatile but predominantly positive cash flow profile for CPNG, with Q4 quarters often underperforming.