National Beverage Corp.
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $183.6M | $186.8M | $176.7M | $142.2M | $158.5M | $174.1M | $130.0M | $140.9M |
| Depreciation & Amortization | $22.7M | $20.8M | $20.2M | $20.0M | $18.5M | $18.1M | $17.2M | $15.4M |
| Depreciation | $22.5M | $20.3M | $18.9M | $17.7M | $15.8M | $14.8M | $14.4M | $12.8M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $439.0K | $606.0K | $881.0K | $677.0K | $695.0K | $462.0K | $125.0K | $251.0K |
| Net Cash from Operating Activities | $181.3M | $206.7M | $197.9M | $161.7M | $133.1M | $193.8M | $177.7M | $139.4M |
| Investing Activities | ||||||||
| Capital Expenditures | $25.1M | $36.3M | $30.3M | $22.0M | $29.0M | $25.3M | $23.9M | $38.3M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-25.1M | $-36.3M | $-30.2M | $-22.0M | $-29.0M | $-25.3M | $-23.9M | $-38.3M |
| Financing Activities | ||||||||
| Dividends Paid | $0 | $304.1M | $0 | $0 | $280.0M | $279.9M | $0 | $135.2M |
| Stock Repurchases | $673.0K | $0 | $0 | — | $0 | $0 | $6.2M | $0 |
| Net Cash from Financing Activities | $-422.0K | $-303.6M | $1.3M | $-29.7M | $-249.7M | $-279.4M | $-5.5M | $-134.8M |
| Net Change in Cash | $155.7M | $-133.2M | $169.0M | $110.0M | $-145.5M | $-110.9M | $148.3M | $-33.7M |
| Free Cash Flow | $156.1M | $170.4M | $167.6M | $139.7M | $104.1M | $168.5M | $153.8M | $101.1M |