NCS Multistage Holdings, Inc. (NCSM) 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 | 1.28M | 13.13M | 7.17M | 3.52M | -1.65M | 10.64M | -2.02M | 5.98M | -1.88M | 6.22M | -404K | 509K | -1.55M | 7.61M | -3.84M | 900K | -6.1M | 4.86M | 5.63M | 2.9M |
| Operating CF Margin % | 2.8% | 25.76% | 15.4% | 9.66% | -3.29% | 23.65% | -4.58% | 20.14% | -4.29% | 17.65% | -1.06% | 2% | -3.56% | 18.94% | -7.85% | 3.28% | -15.59% | 13.46% | 17.37% | 13.54% |
| Operating CF Growth % | 177.81% | 23.38% | 455.38% | -41.11% | 12.5% | 71.11% | -399.26% | 1074.66% | -21.21% | -18.3% | 89.47% | -43.44% | 74.57% | 56.58% | -168.16% | -69.02% | -235.98% | -76.41% | 199.84% | -82.44% |
| Net Income | 1.74M | 15.64M | 4.24M | 1.7M | 4.45M | 3.72M | 4.7M | -3.1M | 2.07M | 39.85M | 4.11M | -32.08M | -15M | 2.29M | 3.96M | -5.48M | -1.73M | 2M | 3.23M | -5.54M |
| Depreciation & Amortization | 1.59M | 1.58M | 1.53M | 1.4M | 1.37M | 1.42M | 1.36M | 1.3M | 1.24M | 1.22M | 1.17M | 1.11M | 1.11M | 1.07M | 1.05M | 1.11M | 1.09M | 1.14M | 1.15M | 1.1M |
| Stock-Based Compensation | 1.23M | 1.21M | 2.16M | 1.39M | 1.45M | 1.81M | 1.34M | 1.2M | 902K | 1.17M | 1.66M | 1.28M | 1.26M | 1.55M | 1M | 1.25M | 2.24M | 1.41M | 1.4M | 1.57M |
| Deferred Taxes | 377K | -9.25M | -317K | -1.4M | 1K | -383K | -18K | 16K | 5K | 5K | 90K | 34K | 23K | 157K | 50K | 32K | 27K | 17K | 108K | -83K |
| Other Non-Cash Items | -3.66M | 134K | 892K | -1.19M | -826K | 1.61M | 243K | 1.04M | 1.11M | -40.53M | 191K | 24.85M | 17.61M | 801K | 702K | 837K | 797K | 99K | 513K | 820K |
| Working Capital Changes | 0 | 3.82M | -1.34M | 1.62M | -8.09M | 2.47M | -9.64M | 5.52M | -7.21M | 4.51M | -7.62M | 5.3M | -6.56M | 1.74M | -10.61M | 3.15M | -8.52M | 195K | -767K | 5.04M |
| Change in Receivables | 4.52M | -4.1M | 431K | 5.15M | -6.98M | 3.9M | -12.03M | 9.26M | -10.28M | 7.13M | -9.07M | 7.68M | -1.92M | 7.67M | -16.41M | 7.57M | -3.69M | -1.8M | -5.19M | 4.47M |
| Change in Inventory | -2M | 5M | -1.31M | -1.68M | 200K | -1.6M | 291K | -3.02M | 1.52M | 598K | -449K | -2.12M | -3.79M | -3.67M | 863K | -3.86M | -1.01M | -326K | 506K | -1.1M |
| Change in Payables | 1.96M | 878K | -2.17M | -2.02M | 3.74M | 1.58M | -229K | -1M | 2.35M | -5.41M | 3.02M | -286K | 831K | -1.05M | 1.77M | 51K | 448K | 1.94M | -25K | 181K |
| Cash from Investing | -559K | -233K | -5.59M | -23K | -451K | 1.21M | -339K | -257K | -136K | -170K | -535K | -498K | -480K | -258K | -139K | -156K | -145K | -147K | 19K | -252K |
| Capital Expenditures | -591K | -225K | -231K | -281K | -464K | -226K | -450K | -374K | -312K | -178K | -649K | -648K | -503K | -267K | -348K | -226K | -194K | -153K | -104K | -192K |
| CapEx % of Revenue | 1.29% | 0.44% | 0.5% | 0.77% | 0.93% | 0.5% | 1.02% | 1.26% | 0.71% | 0.51% | 1.7% | 2.55% | 1.15% | 0.66% | 0.71% | 0.82% | 0.5% | 0.42% | 0.32% | 0.89% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 117K | 176K | 0 | 114K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 32K | -8K | -5.36M | 258K | 13K | 1.44M | 111K | 0 | 0 | 8K | 0 | 150K | 23K | 9K | 209K | 70K | 49K | 6K | 123K | -60K |
| Cash from Financing | -2.94M | -1.51M | -1.55M | -1.45M | -790K | -1.59M | -1.01M | -1.04M | -630K | -961K | -1.21M | 146K | -419K | -355K | -862K | -1.12M | -406K | -860K | -825K | -847K |
| Debt Issued (Net) | 0 | -651K | -554K | -550K | -522K | -510K | -510K | -1.04M | 107K | -439K | -1.21M | 146K | -155K | -342K | -800K | -231K | -34K | -360K | -325K | -341K |
| Equity Issued (Net) | 0 | -58K | 0 | 0 | -268K | -30K | 0 | 0 | -237K | -22K | -1K | 0 | -264K | -1K | -2K | -8K | -372K | 0 | 0 | -6K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | -58K | 0 | 0 | -268K | -30K | 0 | 0 | -237K | -22K | -1K | 0 | -264K | -1K | -2K | -8K | -372K | 0 | 0 | -6K |
| Other Financing | -2.94M | -800K | -1M | -900K | 0 | -1.05M | -500K | 0 | -500K | -500K | 0 | 0 | 0 | -12K | -60K | -880K | 0 | -500K | -500K | -500K |
| Net Change in Cash | -2.27M | 11.43M | -77K | 2.38M | -2.88M | 10.55M | -3.28M | 4.61M | -2.72M | 5.32M | -2.35M | 113K | -2.6M | 6.36M | -5.05M | -599K | -6.64M | 3.72M | 4.54M | 1.94M |
| Free Cash Flow | 689K | 12.91M | 6.88M | 3.24M | -2.11M | 10.42M | -2.48M | 5.61M | -2.19M | 6M | -1.05M | -245K | -2.12M | 7.33M | -4.21M | 651K | -6.33M | 4.7M | 5.48M | 2.52M |
| FCF Margin % | 1.51% | 25.32% | 14.77% | 8.89% | -4.22% | 23.15% | -5.64% | 18.88% | -5% | 17.01% | -2.75% | -0.96% | -4.86% | 18.24% | -8.61% | 2.37% | -16.17% | 13% | 16.9% | 11.73% |
| FCF Growth % | 132.67% | 23.89% | 376.81% | -42.19% | 3.79% | 73.76% | -135.9% | 2387.76% | -3.64% | -18.19% | 74.98% | -137.63% | 66.56% | 56.08% | -176.8% | -74.14% | -225.86% | -76.92% | 180.16% | -84.57% |
| FCF per Share | 0.26 | 4.61 | 2.52 | 1.20 | -0.79 | 3.96 | -0.96 | 2.20 | -0.86 | 2.39 | -0.42 | -0.10 | -0.86 | 2.99 | -1.69 | 0.27 | -2.62 | 1.91 | 2.24 | 1.05 |
| FCF Conversion (FCF/Net Income) | -3.45x | 0.88x | 1.88x | 3.81x | -0.41x | 3.07x | -0.49x | -1.93x | -0.91x | 0.16x | -0.09x | -0.02x | 0.10x | 3.85x | -0.98x | -0.16x | 3.97x | 2.93x | 2.01x | -0.50x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |