WD-40 Company
Cash Flow Statement
| Line Item | May 2026 | Feb 2026 | Nov 2025 | Aug 2025 | May 2025 | Feb 2025 | Nov 2024 | Aug 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $30.2M | $20.3M | $17.5M | $21.2M | $21.0M | $29.9M | $18.9M | $16.8M |
| Depreciation & Amortization | $3.4M | $2.4M | $2.1M | $2.1M | $2.0M | $2.0M | $2.1M | $2.3M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $1.5M | $48.0K | $49.0K | $47.0K | $45.0K | $44.0K | $47.0K | $300.0K |
| Stock-Based Compensation | $1.5M | $2.9M | $1.7M | $1.6M | $1.6M | $2.6M | $1.5M | $1.5M |
| Net Cash from Operating Activities | $30.5M | $14.3M | $10.0M | $29.9M | $35.1M | $8.0M | $14.9M | $27.2M |
| Investing Activities | ||||||||
| Capital Expenditures | $1.2M | $1.8M | $935.0K | $1.4M | $1.1M | $1.4M | $691.0K | $847.0K |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-1.0M | $-1.6M | $-739.0K | $460.0K | $-1.0M | $-1.2M | $-567.0K | $-632.0K |
| Financing Activities | ||||||||
| Dividends Paid | $13.8M | $13.8M | $12.8M | $12.8M | $12.8M | $12.8M | $12.0M | $12.0M |
| Stock Repurchases | $6.7M | $8.0M | $7.8M | $2.6M | $3.0M | $3.1M | $3.6M | $0 |
| Net Cash from Financing Activities | $-20.7M | $-12.0M | $-18.7M | $-24.8M | $-36.7M | $-8.5M | $-4.1M | $-25.8M |
| Net Change in Cash | $8.8M | $1.8M | $-9.5M | $6.4M | $-1.3M | $-1.9M | $8.2M | $1.4M |
| Free Cash Flow | $29.3M | $12.5M | $9.1M | $28.6M | $34.0M | $6.6M | $14.2M | $26.4M |