National Vision Holdings, Inc.
Cash Flow Statement
| Line Item | FY2026 | FY2024 | FY2023 | FY2022 | FY2021 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $29.6M | $-28.5M | $-65.9M | $42.1M | $36.3M | $32.8M | $23.7M | $43.1M |
| Depreciation & Amortization | $91.2M | $91.3M | $89.9M | $88.7M | $91.6M | $87.2M | $74.3M | $62.0M |
| Depreciation | — | — | — | — | — | — | — | $52.7M |
| Amortization | $700.0K | $1.4M | $1.6M | $1.5M | — | — | — | $8.4M |
| Stock-Based Compensation | $23.7M | $16.7M | $20.2M | $13.5M | $10.7M | $12.7M | $20.9M | $5.2M |
| Net Cash from Operating Activities | $146.3M | $133.6M | $173.0M | $119.2M | $235.0M | $165.1M | $106.6M | $90.3M |
| Investing Activities | ||||||||
| Capital Expenditures | $72.8M | $95.5M | $114.8M | $113.5M | $76.8M | $101.3M | $104.5M | $93.2M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-76.6M | $-96.1M | $-115.8M | $-110.9M | $-76.4M | $-100.6M | $-104.2M | $-94.6M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | $0 | $0 | $171.0M |
| Stock Repurchases | $3.2M | $3.1M | $28.4M | $84.4M | $689.0K | $25.6M | $1.9M | $0 |
| Net Cash from Financing Activities | $-104.6M | $-113.3M | $-136.8M | $-84.6M | $176.3M | $-42.1M | $10.4M | $3.8M |
| Net Change in Cash | $-34.9M | $-75.8M | $-79.6M | $-76.3M | $334.9M | $22.3M | $12.8M | — |
| Free Cash Flow | $73.5M | $38.1M | $58.3M | $5.7M | $158.2M | $63.8M | $2.1M | $-3.0M |