ASTRONICS CORPORATION
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $29.4M | $-16.2M | $-26.4M | $-35.7M | $-25.6M | $-115.8M | $52.0M | $46.8M |
| Depreciation & Amortization | $21.8M | $24.5M | $26.1M | $27.8M | $29.0M | $31.9M | $33.0M | $35.0M |
| Depreciation | $10.2M | $11.5M | $12.2M | $12.0M | $12.7M | $13.3M | $13.7M | $15.0M |
| Amortization | $11.5M | $12.9M | $13.9M | $14.9M | $15.4M | $17.1M | $17.6M | $19.4M |
| Stock-Based Compensation | $6.8M | $8.6M | $7.2M | $6.5M | $6.5M | $5.2M | $3.8M | $3.1M |
| Net Cash from Operating Activities | $74.8M | $30.6M | $-24.0M | $-28.3M | $-5.5M | $37.3M | $42.7M | $54.9M |
| Investing Activities | ||||||||
| Capital Expenditures | $31.7M | $8.4M | $7.6M | $7.7M | $6.0M | $7.5M | $12.1M | $16.3M |
| Business Acquisitions | $22.1M | $0 | $0 | — | $0 | $0 | $28.9M | $0 |
| Net Cash from Investing Activities | $-53.7M | $-8.4M | $-4.1M | $14.4M | $3.2M | $-5.8M | $64.6M | $-19.7M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | $0 | $0 | $7.7M | $50.8M | $0 |
| Net Cash from Financing Activities | $-22.4M | $-14.5M | $25.4M | $-1.4M | $-7.5M | $-24.6M | $-92.2M | $-36.1M |
| Net Change in Cash | $-248.0K | $7.1M | $-2.5M | $-16.0M | $-10.7M | $8.5M | $15.3M | $-1.3M |
| Free Cash Flow | $43.1M | $22.1M | $-31.6M | $-36.0M | $-11.6M | $29.9M | $30.6M | $38.6M |