Culp, Inc.
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-10.2M | $-19.1M | $-13.8M | $-31.5M | $-3.2M | $3.2M | $-28.7M | $5.5M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $4.1M | $5.4M | $6.5M | $6.8M | $7.0M | $6.8M | $7.8M | $8.1M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $625.0K | $650.0K | $915.0K | $1.1M | $1.1M | $1.3M | $614.0K | $130.0K |
| Net Cash from Operating Activities | $-9.4M | $-17.7M | $-8.2M | $7.8M | $-17.4M | $21.5M | $5.0M | $13.9M |
| Investing Activities | ||||||||
| Capital Expenditures | $596.0K | $2.9M | $3.7M | $2.1M | $5.7M | $6.7M | $4.6M | $3.3M |
| Business Acquisitions | — | — | — | — | — | $892.0K | — | $12.1M |
| Net Cash from Investing Activities | $6.4M | $598.0K | $-2.4M | $-752.0K | $2.5M | $-10.7M | $-5.7M | $15.2M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | $5.5M | $5.3M | $5.1M | $4.7M |
| Stock Repurchases | — | — | — | — | $1.8M | — | $1.7M | $3.3M |
| Net Cash from Financing Activities | $5.5M | $12.7M | $-126.0K | $-436.0K | $-7.4M | $-43.7M | $30.6M | $-10.2M |
| Net Change in Cash | $2.6M | $-4.4M | $-11.0M | $6.4M | $-22.5M | $-32.8M | $29.8M | $18.8M |
| Free Cash Flow | $-10.0M | $-20.6M | $-11.9M | $5.7M | $-23.1M | $14.8M | $385.0K | $10.6M |