Northern Technologies International Corporation (NTIC) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q2'26 | 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 |
|---|
| Cash from Operations | -1.72M | 341.91K | -1.37M | 609.71K | 803.67K | 2.4M | -1.7M | 1.94M | 2.57M | 3.08M | 2.04M | 1.3M | 202.29K | 2M | -632.02K | -340.63K | -1.2M | 3.32M | 1.84M | -905.55K |
| Operating CF Margin % | -7.84% | 1.47% | -6.12% | 2.83% | 4.21% | 11.22% | -7.28% | 9.38% | 12.31% | 15.25% | 9.83% | 6.2% | 1.11% | 10.04% | -3.12% | -1.8% | -7.17% | 18.24% | 11.86% | -5.87% |
| Operating CF Growth % | -314.48% | -85.72% | 19.71% | -68.59% | -68.68% | -22.16% | -183.56% | 49.19% | 1168.53% | 53.65% | 422.05% | 481.93% | 116.85% | -39.66% | -134.36% | 62.38% | -435.16% | 107.29% | -3.17% | 24.23% |
| Net Income | 176.2K | 505.88K | -742.83K | 332.45K | 602.63K | 794.15K | 2.21M | 1.16M | 1.87M | 1.08M | 907.23K | 1.24M | 520.07K | 633.68K | 957.35K | 1.21M | 295.99K | 4.72M | 1.78M | 2.31M |
| Depreciation & Amortization | 17.78K | 481.03K | 483.32K | 449.47K | 409.6K | 414.88K | 425.67K | 434.77K | 437.96K | 454.67K | 423.26K | 423.98K | 373.02K | 410.69K | 371.77K | 449.94K | 411.42K | 335.2K | 275.19K | 280.88K |
| Stock-Based Compensation | 303.71K | 310.8K | 341.88K | 341.88K | 334.44K | 341.89K | 343.15K | 343.15K | 343.94K | 350.93K | 339.42K | 331.3K | 337.49K | 329.52K | 232.88K | 232.88K | 232.88K | 232.88K | 160.84K | 160.83K |
| Deferred Taxes | 45.48K | 49.72K | 1.26K | -5.73K | 32.7K | 22.75K | -296.16K | -68.18K | 12.75K | 15.34K | -318.89K | -5.95K | -15.79K | -54.38K | -233.87K | 13.03K | 12.49K | 126.85K | 123.15K | -5.34K |
| Other Non-Cash Items | -2.32M | -952.57K | -839.04K | -84.11K | 83.61K | -1.13M | -741.63K | -829.06K | 842.16K | -731.14K | -565.44K | -1.3M | -715.22K | 1.85M | -1.01M | -1M | -602.47K | -284.03K | -1.29M | -1.83M |
| Working Capital Changes | 52.95K | -52.95K | -610.09K | -424.25K | -659.31K | 1.95M | -3.64M | 904.9K | -939.23K | 1.9M | 1.25M | 615.31K | -297.28K | -1.17M | -953.44K | -1.24M | -1.55M | -1.81M | 796.05K | -1.82M |
| Change in Receivables | 793.97K | -793.97K | -782.88K | -1.21M | 497.26K | 2.59M | -3.65M | 593.65K | -794.96K | 2.57M | -1.91M | 961.63K | -891.39K | -20.76K | -686.28K | -1.63M | 470.62K | -290.48K | 71.99K | -1.56M |
| Change in Inventory | -334.2K | -596.34K | -648.96K | 217.78K | -773.37K | -73.22K | -1.14M | -765.71K | 42.91K | 525.56K | 775.91K | 1.26M | 47.86K | 948.66K | -2.73M | -1.1M | -1.51M | 516.28K | 236.24K | -94.9K |
| Change in Payables | -1.8M | 2.03M | 669.48K | -137.29K | 744.85K | 195.75K | 148.83K | -117.47K | 147.46K | 270.19K | 1.39M | -1.61M | 279.11K | -1.57M | 2.1M | 234.46K | 575.6K | 98.55K | 163.5K | -333.72K |
| Cash from Investing | -222.04K | -821.62K | -552.2K | -797.37K | -1.32M | -1.26M | -817.05K | -1.1M | -1.08M | -423.87K | -664.38K | -755.41K | -1.47M | -453.54K | -577.14K | -738.2K | -363.24K | -5.43M | 296.46K | 510.77K |
| Capital Expenditures | -184.67K | -821.62K | -36.42K | -780.96K | 510.55K | -1.22M | -782.82K | -1.07M | -1.05M | -390.73K | -639.66K | -736.09K | -1.46M | -409.09K | -534.97K | -343.17K | -303.14K | -315.39K | -4.81M | -256.87K |
| CapEx % of Revenue | 0.84% | 3.52% | 0.16% | 3.63% | 2.68% | 5.72% | 3.35% | 5.18% | 5.05% | 1.94% | 3.09% | 3.51% | 8.01% | 2.05% | 2.64% | 1.81% | 1.81% | 1.73% | 31% | 1.67% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -341.39K | 0 | -5.06M | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -37.37K | 0 | -515.78K | -16.41K | -1.83M | -38.72K | -34.23K | -23.76K | -29.02K | -33.14K | -24.71K | -19.33K | -6.99K | -44.45K | -42.16K | -52.7K | -60.1K | -52.2K | -14.64K | -20.79K |
| Cash from Financing | 1.94M | -383.75K | 2.4M | 1.78M | 73K | -393.34K | 1.63M | 174.73K | -2.74M | -2.02M | -2.14M | 193.38K | 618.78K | -730.39K | 553.73K | -151.72K | 951.76K | 1.83M | -212.6K | -554K |
| Debt Issued (Net) | 2.13M | -203.87K | 2.5M | 2.02M | 835.93K | 227.12K | 2.3M | 795.74K | -1.81M | -600K | -1.6M | 912.5K | 1.65M | -450K | 1.2M | 500K | 1.7M | 2.5M | 0 | 0 |
| Equity Issued (Net) | 0 | 0 | -39.02K | 39.02K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 584.41K | 38.14K |
| Dividends Paid | -94.92K | -94.81K | -94.75K | -94.74K | -662.94K | -662.94K | -661.55K | -660.88K | -659.93K | -659.93K | -657.28K | -655.89K | -655.64K | -655.64K | -646.27K | -646.27K | -645.51K | -643.12K | -597.01K | -592.14K |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -100K | -85.07K | 39.02K | -180K | -100K | 42.47K | -11.48K | 39.87K | -275.08K | -759.9K | 121.71K | -63.23K | -375.57K | 375.26K | 0 | -5.45K | -102.73K | -22.27K | -200K | 0 |
| Net Change in Cash | 79.94K | -860.71K | 477.12K | 1.68M | -479.2K | 617.65K | -842.64K | 959.79K | -1.26M | 687.86K | -789.02K | 744.08K | -615.21K | 732.43K | -789.38K | -1.36M | -559.75K | 366.92K | 1.8M | -907.61K |
| Free Cash Flow | -1.91M | -479.72K | -1.92M | -187.66K | -538.75K | 1.14M | -2.52M | 845.65K | 1.48M | 2.65M | 1.37M | 545.56K | -1.29M | 1.55M | -1.21M | -736.5K | -1.56M | 2.95M | -2.98M | -1.18M |
| FCF Margin % | -8.68% | -2.06% | -8.59% | -0.87% | -2.82% | 5.33% | -10.78% | 4.09% | 7.12% | 13.15% | 6.62% | 2.6% | -7.04% | 7.76% | -5.97% | -3.88% | -9.34% | 16.22% | -19.24% | -7.67% |
| FCF Growth % | -254.22% | -142.2% | 23.83% | -122.19% | -136.3% | -57.15% | -283.64% | 55.01% | 215.39% | 71.27% | 213.39% | 174.07% | 17.74% | -47.52% | 59.49% | 37.75% | -1101.35% | 134% | -293.02% | 9.49% |
| FCF per Share | -0.20 | -0.05 | -0.20 | -0.02 | -0.06 | 0.12 | -0.25 | 0.08 | 0.15 | 0.27 | 0.14 | 0.06 | -0.13 | 0.16 | -0.13 | -0.08 | -0.16 | 0.30 | -0.30 | -0.12 |
| FCF Conversion (FCF/Net Income) | 48.80x | 1.44x | 1.24x | 5.01x | 1.85x | 4.27x | -0.93x | 1.99x | 1.51x | 3.44x | -2512.86x | 1.23x | 0.49x | 3.99x | -0.98x | -0.34x | -6.56x | 0.74x | 1.11x | -0.44x |
| Interest Paid | 0 | 199.97K | -421.47K | 162.1K | 139.16K | 120.22K | 91.29K | 59.94K | 77.76K | 111.14K | 0 | 136.17K | 0 | 0 | 55.02K | 23.78K | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 462.75K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |