Main Street Capital Corporation (MAIN) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 45.61M | 103.52M | 90.63M | 102.52M | 57.78M | 145.05M | 72.39M | -186.47M | -118.08M | 128.12M | 90.34M | 27.71M | 19.97M | 85.24M | -217.89M | 10.24M | 46.91M | -356.66M | -50.52M | -83.24M |
| Operating CF Margin % | 27.89% | 51.01% | 49.34% | 57.78% | 33.85% | 65.56% | 39.14% | -117.57% | -73.85% | 72.16% | 59.86% | 17.65% | 15.73% | 56.79% | -233.45% | 18.44% | 48.12% | -263.26% | -40.83% | -64.16% |
| Operating CF Growth % | -21.06% | -28.63% | 25.2% | 154.98% | 148.94% | 13.22% | -19.87% | -772.9% | -691.27% | 50.29% | 141.46% | 170.57% | -57.43% | 123.9% | -331.32% | 112.3% | 288.01% | -1282.03% | -206.36% | -304.47% |
| Net Income | 48.98M | 31.96M | 123.67M | -52.42M | 116.08M | 174.23M | 124.01M | 102.69M | 107.15M | 139.08M | 103.26M | 106.52M | 79.59M | 106.31M | 55.34M | 14.75M | 65.2M | 94.35M | 83.96M | 95.11M |
| Depreciation & Amortization | 0 | 156K | 0 | 1.63M | 0 | 0 | 0 | 0 | 1.07M | 0 | 0 | 829K | 753K | 0 | 696K | -13.11M | 0 | 721K | 783K | 754K |
| Stock-Based Compensation | 0 | 907K | 0 | 5.42M | 0 | 0 | 0 | 0 | 4.1M | 0 | 0 | 4.09M | 4.1M | 0 | 3.62M | 3.6M | 0 | 2.93M | 2.87M | 2.76M |
| Deferred Taxes | 0 | 8.84M | 0 | -942K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.51M | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 33.42M | 57.77M | -40.74M | 136.47M | -31.59M | -23.98M | -90.92M | -267.5M | -241.11M | -12.25M | -54.26M | -48.57M | -66.13M | -25.71M | -264.86M | -14.49M | 4.51M | -452.83M | -147.15M | -170.52M |
| Working Capital Changes | -36.79M | 3.89M | 7.71M | 12.37M | -26.7M | -5.21M | 39.3M | -21.66M | 10.71M | 1.29M | 41.34M | -35.15M | 1.66M | 4.64M | -12.68M | 9.98M | -22.8M | -1.83M | 9.03M | -11.34M |
| Change in Receivables | 0 | 0 | 1.16M | 3.52M | -1.71M | -9.28M | 25.39M | -28.73M | 1.45M | 0 | 0 | -33.29M | -1.36M | 0 | -15.3M | 8.04M | 0 | -4.83M | 4.38M | -9.14M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -8.04M | 0 | 0 | 0 | 0 |
| Change in Payables | -19.88M | 7.15M | 0 | 3.23M | -22.63M | -1.81M | 20.52M | 4.27M | 0 | 7.48M | 5.95M | 0 | 0 | 12.05M | 0 | 3.45M | -13.67M | 0 | 0 | 0 |
| Cash from Investing | -184.16M | -321.98M | 0 | 0 | -78.18M | 0 | 0 | 0 | 0 | 25.56M | -6.38M | 0 | 0 | -74.85M | 0 | -62.14M | -96.59M | 0 | 0 | 0 |
| Capital Expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CapEx % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Acquisitions | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Investments | 5.67B | 5.52B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing | 0 | 90.75M | 0 | -5.47M | 0 | -69.88M | -1.25B | 245.33M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | 117.38M | 229.85M | -147.05M | -124.72M | 51.33M | -151.22M | -18.44M | 101.96M | 172.98M | -170.64M | -77.8M | 3.42M | -29.34M | -22.43M | 235.67M | 15.19M | 35M | 329.72M | 51.29M | 77.04M |
| Debt Issued (Net) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Equity Issued (Net) | 134.28M | 8.79M | 6.86M | 10.83M | 5.2M | 8.96M | 65.76M | 42.22M | -14K | 38.52M | 31.06M | -5.55M | -404K | 71.12M | -48K | 25.63M | 63.52M | -256K | -575K | -4.46M |
| Dividends Paid | -87.94M | -85.6M | -85.63M | -84.18M | -83.87M | -82.14M | -81.08M | -78.99M | -78.22M | -74.55M | -71.79M | -65.65M | -59.61M | -51.1M | -49M | -47.55M | -46.52M | -46.07M | -38.25M | -38.18M |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -14K | 0 | 0 | -5.55M | -404K | 0 | -48K | 0 | 0 | -256K | -575K | -4.46M |
| Other Financing | 3.03M | -296K | -2.28M | -10.02M | 0 | -2.04M | -1.92M | -13.27M | 2.02M | 0 | 0 | 42.62M | 39.67M | 0 | 103.72M | -4.89M | 0 | 56.04M | 31.12M | 5.68M |
| Net Change in Cash | -21.17M | 11.39M | -56.42M | -22.2M | 30.93M | -6.17M | 53.95M | -84.51M | 54.9M | -16.96M | 6.16M | 31.13M | -9.37M | -12.04M | 17.77M | 25.43M | -14.68M | -26.94M | 773K | -6.21M |
| Free Cash Flow | 45.61M | 103.52M | 90.63M | 102.52M | 57.78M | 145.05M | 72.39M | -186.47M | -118.08M | 128.12M | 90.34M | 27.71M | 19.97M | 85.24M | -217.89M | 10.24M | 46.91M | -356.66M | -50.52M | -83.24M |
| FCF Margin % | 27.89% | 51.01% | 49.34% | 57.78% | 33.85% | 65.56% | 39.14% | -117.57% | -73.85% | 72.16% | 59.86% | 17.65% | 15.73% | 56.79% | -233.45% | 18.44% | 48.12% | -263.26% | -40.83% | -64.16% |
| FCF Growth % | -21.06% | -28.63% | 25.2% | 154.98% | 148.94% | 13.22% | -19.87% | -772.9% | -691.27% | 50.29% | 141.46% | 170.57% | -57.43% | 123.9% | -331.32% | 112.3% | 288.01% | -1282.03% | -206.36% | -304.47% |
| FCF per Share | 0.50 | 1.15 | 1.02 | 1.15 | 0.65 | 1.64 | 0.83 | -2.16 | -1.39 | 1.52 | 1.09 | 0.34 | 0.25 | 1.10 | -2.90 | 0.14 | 0.65 | -5.08 | -0.73 | -1.21 |
| FCF Conversion (FCF/Net Income) | 0.93x | 0.79x | 0.73x | 0.84x | 0.50x | 0.83x | 0.58x | -1.82x | -1.10x | 0.92x | 0.87x | 0.26x | 0.25x | 0.80x | -3.94x | 0.69x | 0.72x | -3.78x | -0.60x | -0.88x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17.84M | 0 | 0 | 29.21M | 22.12M | 0 | 18.8M | 0 | 0 | 16.83M | 10.47M | 17M |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |