Nathan's Famous, Inc.
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $20.0M | $24.0M | $19.6M | $19.6M | $13.6M | $11.1M | $13.4M | $21.5M |
| Depreciation & Amortization | $925.0K | $957.0K | $1.1M | $1.1M | $1.1M | $1.2M | $1.2M | $1.2M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $174.0K | $173.0K | $174.0K | $174.0K | $113.0K | $113.0K | $84.0K | — |
| Stock-Based Compensation | $1.1M | $993.0K | $733.0K | $258.0K | $74.0K | $116.0K | $116.0K | $162.0K |
| Net Cash from Operating Activities | $18.2M | $25.2M | $20.0M | $19.8M | $16.5M | $11.8M | $12.3M | $11.2M |
| Investing Activities | ||||||||
| Capital Expenditures | $370.0K | $225.0K | $313.0K | $626.0K | $636.0K | $551.0K | $870.0K | $447.0K |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-370.0K | $-225.0K | $-313.0K | $-584.0K | $-636.0K | $-551.0K | $-870.0K | $12.3M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | $7.6M | $6.2M | — | $5.9M | $4.2M |
| Stock Repurchases | — | — | $0 | $1.9M | $0 | $1.5M | $5.0M | $1.0M |
| Net Cash from Financing Activities | $-21.3M | $-18.2M | $-28.5M | $-39.5M | $-46.8M | $-7.3M | $-9.8M | $-5.4M |
| Net Change in Cash | $-3.4M | $6.8M | $-8.8M | $-20.2M | $-31.0M | $3.9M | $1.7M | $18.1M |
| Free Cash Flow | $17.9M | $25.0M | $19.7M | $19.2M | $15.8M | $11.2M | $11.5M | $10.7M |