NSP (NSP) financial statements
NSP reported revenue of $6.8B in fiscal 2025, up 9.8% a year over 9 years.
Net income was -$7M and the operating margin -0.1%, against 3.6% in 2016.
Free cash flow was -$309M, and the company returned $90M in dividends and $19M in net buybacks.
The diluted share count fell 9% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from NSP's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.9B | $3.3B | $3.8B | $4.3B | $4.3B | $5.0B | $5.9B | $6.5B | $6.6B | $6.8B |
| Gross profit | $492M | $573M | $682M | $733M | $807M | $820M | $1.0B | $1.0B | $1.1B | $900M |
| Selling, general and admin | $87M | $101M | $111M | $123M | $113M | $124M | $156M | $177M | $224M | $203M |
| Operating income | $106M | $130M | $179M | $187M | $195M | $173M | $250M | $219M | $117M | -$10M |
| Interest expense | $2M | $3M | $5M | $8M | $8M | $7M | $14M | $27M | $28M | $24M |
| Pre-tax income | $105M | $130M | $182M | $190M | $189M | $168M | $245M | $225M | $126M | -$4M |
| Income tax | $39M | $46M | $47M | $39M | $51M | $44M | $66M | $54M | $35M | $3M |
| Net income | $66M | $84M | $135M | $151M | $138M | $124M | $179M | $171M | $91M | -$7M |
| EPS (diluted) | $1.54 | $2.01 | $3.22 | $3.70 | $3.54 | $3.18 | $4.64 | $4.47 | $2.42 | -$0.19 |
| Diluted shares | 42M | 41M | 41M | 40M | 39M | 39M | 39M | 38M | 38M | 38M |
| Gross margin | 16.7% | 17.4% | 17.8% | 17.0% | 18.8% | 16.5% | 17.0% | 16.0% | 16.0% | 13.2% |
| Operating margin | 3.6% | 3.9% | 4.7% | 4.3% | 4.5% | 3.5% | 4.2% | 3.4% | 1.8% | -0.1% |
| Net margin | 2.2% | 2.6% | 3.5% | 3.5% | 3.2% | 2.5% | 3.0% | 2.6% | 1.4% | -0.1% |
Balance sheet
Fiscal years, from NSP's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $288M | $356M | $388M | $402M | $589M | $608M | $766M | $709M | $1.1B | $660M |
| Receivables | $13M | $12M | $401M | $466M | $393M | $513M | $623M | $16M | $9M | $6M |
| Total current assets | $640M | $779M | $867M | $975M | $1.1B | $1.2B | $1.5B | $1.6B | $2.1B | $1.7B |
| Property, plant and equipment | $80M | $96M | $117M | $148M | $216M | $211M | $200M | $197M | $192M | $177M |
| Goodwill | $13M | $13M | $13M | $13M | $13M | $13M | — | — | — | — |
| Total assets | $907M | $1.1B | $1.2B | $1.4B | $1.6B | $1.8B | $2.0B | $2.1B | $2.6B | $2.2B |
| Total current liabilities | $601M | $725M | $772M | $869M | $905M | $1.1B | $1.4B | $1.4B | $1.9B | $1.6B |
| Long-term debt | $104M | $104M | $144M | $269M | $369M | $369M | $369M | $369M | $369M | $369M |
| Total liabilities | $847M | $997M | $1.1B | $1.4B | $1.5B | $1.8B | $2.0B | $2.0B | $2.5B | $2.2B |
| Shareholders' equity | $61M | $66M | $78M | $4M | $44M | -$2M | $81M | $94M | $97M | $46M |
| Net debt | -$182M | -$250M | -$182M | -$98M | -$185M | -$207M | -$364M | -$324M | -$670M | -$273M |
Cash flow
Fiscal years, from NSP's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $145M | $213M | $184M | $205M | $346M | $260M | $347M | $198M | $520M | -$278M |
| Capital spending | $34M | $33M | $35M | $56M | $98M | $33M | $30M | $40M | $38M | $31M |
| Free cash flow | $111M | $180M | $149M | $149M | $248M | $227M | $317M | $158M | $482M | -$309M |
| Stock-based compensation | $17M | $24M | $20M | $24M | $60M | $41M | $50M | $53M | $61M | $61M |
| Dividends paid | $21M | $66M | $33M | $49M | $62M | $144M | $77M | $84M | $89M | $90M |
| Share buybacks (net) | -$144M | $0 | $0 | — | — | -$70M | -$73M | -$131M | -$63M | -$19M |
| Free cash flow margin | 3.8% | 5.5% | 3.9% | 3.4% | 5.8% | 4.6% | 5.3% | 2.4% | 7.3% | -4.5% |
| Dividends per share | $0.49 | $1.60 | $0.81 | $1.21 | $1.61 | $3.71 | $1.97 | $2.21 | $2.34 | $2.37 |
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Open NSP in InvestinglyQuestions
What was NSP's revenue in 2025?
$6.8B in fiscal 2025, from its 10-K filing.
How much free cash flow does NSP generate?
-$309M in fiscal 2025 (operating cash flow minus capital spending).
From NSP's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.