NPK International (NPKI) financial statements
NPK International reported revenue of $277M in fiscal 2025, down 5.7% a year over 9 years.
Net income was $39M and the operating margin 16.9%, against -12.1% in 2016.
Free cash flow was $26M, and the company returned $23M in net buybacks.
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from NPK International's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $471M | $748M | $947M | $820M | $493M | $615M | $193M | $208M | $217M | $277M |
| Cost of revenue | $438M | $608M | $767M | $685M | $473M | $530M | $133M | $135M | $140M | $176M |
| Gross profit | $34M | $140M | $180M | $135M | $19M | $85M | $60M | $73M | $77M | $101M |
| Selling, general and admin | $88M | $109M | $115M | $113M | $87M | $94M | $49M | $51M | $46M | $54M |
| Operating income | -$57M | $31M | $64M | $10M | -$79M | -$9M | $7M | $23M | $32M | $47M |
| Interest expense | $10M | $13M | $15M | $14M | $11M | $9M | $7M | $8M | $3M | $0 |
| Pre-tax income | -$65M | $16M | $47M | -$3M | -$93M | -$18M | $2M | $20M | $29M | $48M |
| Income tax | -$24M | $5M | $15M | $10M | -$12M | $7M | $924,000 | $6M | -$7M | $12M |
| Net income | -$41M | -$6M | $32M | -$13M | -$81M | -$26M | -$21M | $15M | -$150M | $39M |
| EPS (diluted) | -$0.49 | -$0.07 | $0.35 | -$0.14 | -$0.89 | -$0.28 | -$0.22 | $0.16 | -$1.72 | $0.45 |
| Diluted shares | 84M | 88M | 93M | 90M | 90M | 91M | 94M | 88M | 87M | 86M |
| Gross margin | 7.1% | 18.7% | 19.0% | 16.5% | 3.9% | 13.9% | 31.1% | 34.9% | 35.5% | 36.4% |
| Operating margin | -12.1% | 4.2% | 6.7% | 1.3% | -16.0% | -1.4% | 3.4% | 11.0% | 14.9% | 16.9% |
| Net margin | -8.6% | -0.8% | 3.4% | -1.6% | -16.4% | -4.2% | -10.8% | 7.0% | -69.1% | 14.1% |
Balance sheet
Fiscal years, from NPK International's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $88M | $56M | $56M | $49M | $24M | $24M | $86,000 | $789,000 | $18M | $5M |
| Receivables | $154M | $247M | $254M | $217M | $141M | $194M | $242M | $41M | $46M | $53M |
| Inventory | $144M | $165M | $197M | $197M | $148M | $155M | $150M | $19M | $15M | $12M |
| Total current assets | $463M | $505M | $523M | $479M | $328M | $389M | $426M | $357M | $113M | $81M |
| Property, plant and equipment | $304M | $315M | $316M | $310M | $278M | $260M | $193M | $166M | $187M | $233M |
| Goodwill | $20M | $44M | $44M | $42M | $42M | $47M | $47M | $47M | $47M | $76M |
| Total assets | $798M | $903M | $916M | $900M | $709M | $753M | $715M | $642M | $394M | $442M |
| Total current liabilities | $180M | $158M | $142M | $129M | $154M | $150M | $163M | $136M | $45M | $57M |
| Long-term debt | $73M | $159M | $159M | $154M | $20M | $96M | $92M | $56M | $5M | $12M |
| Total liabilities | $298M | $355M | $346M | $351M | $221M | $290M | $292M | $227M | $67M | $91M |
| Shareholders' equity | $501M | $547M | $570M | $549M | $488M | $462M | $423M | $415M | $326M | $351M |
| Net debt | $68M | $104M | $106M | $111M | $63M | $91M | $114M | $61M | -$10M | $12M |
Cash flow
Fiscal years, from NPK International's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $11M | $38M | $63M | $72M | $56M | -$3M | -$25M | $100M | $38M | $73M |
| Capital spending | $38M | $31M | $45M | $45M | $16M | $22M | $28M | $29M | $44M | $47M |
| Free cash flow | -$27M | $7M | $18M | $27M | $40M | -$25M | -$53M | $71M | -$5M | $26M |
| Stock-based compensation | $12M | $11M | $10M | $12M | $7M | $8M | $7M | $7M | $5M | $6M |
| Share buybacks (net) | -$1M | -$3M | -$4M | -$22M | -$333,000 | -$1M | -$20M | -$34M | -$5M | -$23M |
| Free cash flow margin | -5.8% | 0.9% | 1.9% | 3.4% | 8.1% | -4.0% | -27.6% | 34.1% | -2.5% | 9.5% |
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Open NPKI in InvestinglyQuestions
What was NPK International's revenue in 2025?
$277M in fiscal 2025, from its 10-K filing.
How much free cash flow does NPK International generate?
$26M in fiscal 2025 (operating cash flow minus capital spending).
From NPK International's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.