NRIM (NRIM) financial statements
NRIM reported revenue of $256M in fiscal 2025, up 51.0% a year over 9 years.
Net income was $65M.
Free cash flow was $134M, and the company returned $15M in dividends.
The diluted share count fell 19% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from NRIM's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6M | $6M | $6M | $102M | $134M | $133M | $134M | $158M | $196M | $256M |
| Gross profit | — | — | — | — | — | — | $127M | $126M | $152M | $209M |
| Interest expense | $3M | $2M | $3M | $6M | $6M | $4M | $5M | $29M | — | — |
| Pre-tax income | $21M | $24M | $24M | $26M | $42M | $48M | $38M | $32M | $47M | $85M |
| Income tax | $6M | $10M | $4M | $5M | $10M | $10M | $8M | $6M | $10M | $20M |
| Net income | $14M | $13M | $20M | $21M | $33M | $38M | $31M | $25M | $37M | $65M |
| EPS (diluted) | $0.52 | $0.47 | $0.71 | $0.76 | $1.28 | $1.50 | $1.32 | $1.12 | $1.66 | $2.87 |
| Diluted shares | 28M | 28M | 28M | 27M | 26M | 25M | 23M | 23M | 22M | 22M |
| Gross margin | — | — | — | — | — | — | 94.7% | 79.4% | 77.5% | 81.7% |
| Net margin | 229.5% | 225.7% | 338.4% | 20.3% | 24.5% | 28.2% | 22.9% | 16.0% | 18.9% | 25.3% |
Balance sheet
Fiscal years, from NRIM's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $51M | $78M | $78M | $95M | $116M | $646M | $259M | $119M | $63M | $146M |
| Property, plant and equipment | $39M | $38M | $39M | $38M | $38M | $37M | $38M | $41M | $38M | $40M |
| Goodwill | $15M | $15M | $15M | $15M | $15M | $15M | $15M | $15M | $50M | $50M |
| Total assets | $1.5B | $1.5B | $1.5B | $1.6B | $2.1B | $2.7B | $2.7B | $2.8B | $3.0B | $3.3B |
| Total liabilities | $1.3B | $1.3B | $1.3B | $1.4B | $1.9B | $2.5B | $2.5B | $2.6B | $2.8B | $3.0B |
| Shareholders' equity | $187M | $193M | $206M | $207M | $222M | $238M | $219M | $235M | $267M | $327M |
| Net debt | -$51M | -$78M | -$78M | -$95M | -$116M | -$646M | -$259M | -$119M | -$63M | -$146M |
Cash flow
Fiscal years, from NRIM's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $20M | $19M | $25M | -$821,000 | -$36M | $112M | $78M | $39M | -$9M | $139M |
| Capital spending | $3M | $7M | $4M | $3M | $3M | $3M | $4M | $6M | $620,000 | $5M |
| Free cash flow | $17M | $12M | $21M | -$4M | -$40M | $109M | $74M | $32M | -$9M | $134M |
| Stock-based compensation | $778,000 | $665,000 | $816,000 | $832,000 | $943,000 | $1M | $742,000 | $937,000 | $913,000 | $2M |
| Dividends paid | $5M | $6M | $7M | $9M | $9M | $9M | $11M | $14M | $14M | $15M |
| Share buybacks (net) | $0 | -$2M | -$494,000 | -$13M | -$10M | -$12M | -$14M | -$9M | -$789,000 | $0 |
| Net borrowing | $2M | $3M | -$121,000 | $2M | $6M | -$309,000 | -$413,000 | -$420,000 | -$31M | -$10M |
| Free cash flow margin | 268.0% | 206.8% | 357.3% | -3.8% | -29.6% | 82.3% | 55.2% | 20.5% | -4.8% | 52.4% |
| Dividends per share | $0.19 | $0.21 | $0.25 | $0.31 | $0.34 | $0.38 | $0.45 | $0.60 | $0.62 | $0.65 |
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Open NRIM in InvestinglyQuestions
What was NRIM's revenue in 2025?
$256M in fiscal 2025, from its 10-K filing.
How much free cash flow does NRIM generate?
$134M in fiscal 2025 (operating cash flow minus capital spending).
From NRIM's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.