NX (NX) financial statements
NX reported revenue of $1.8B in fiscal 2025, up 7.9% a year over 9 years.
Net income was -$251M and the operating margin -10.6%, against 3.9% in 2016.
Free cash flow was $102M, and the company returned $15M in dividends and $32M in net buybacks.
The diluted share count rose 36% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from NX's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $928M | $867M | $890M | $894M | $852M | $1.1B | $1.2B | $1.1B | $1.3B | $1.8B |
| Cost of revenue | $711M | $672M | $697M | $694M | $659M | $832M | $953M | $853M | $972M | $1.3B |
| Gross profit | $218M | $194M | $193M | $199M | $193M | $241M | $268M | $278M | $306M | $499M |
| Selling, general and admin | $115M | $98M | $104M | $101M | $90M | $116M | $117M | $124M | $190M | $277M |
| Operating income | $36M | $34M | $36M | -$26M | $55M | $82M | $111M | $111M | $55M | -$194M |
| Interest expense | $36M | $10M | $11M | $10M | $5M | $3M | $3M | $8M | $21M | $56M |
| Pre-tax income | -$6M | $26M | $26M | -$36M | $50M | $80M | $110M | $97M | $42M | -$243M |
| Income tax | -$4M | $7M | -$800,000 | $11M | $12M | $23M | $21M | $15M | $9M | $8M |
| Net income | -$2M | $19M | $27M | -$47M | $38M | $57M | $88M | $83M | $33M | -$251M |
| EPS (diluted) | -$0.05 | $0.54 | $0.76 | -$1.42 | $1.17 | $1.70 | $2.66 | $2.50 | $0.90 | -$5.43 |
| Diluted shares | 34M | 35M | 35M | 33M | 33M | 33M | 33M | 33M | 37M | 46M |
| Gross margin | 23.4% | 22.4% | 21.7% | 22.3% | 22.6% | 22.4% | 22.0% | 24.5% | 23.9% | 27.2% |
| Operating margin | 3.9% | 3.9% | 4.0% | -3.0% | 6.5% | 7.6% | 9.1% | 9.8% | 4.3% | -10.6% |
| Net margin | -0.2% | 2.2% | 3.0% | -5.2% | 4.5% | 5.3% | 7.2% | 7.3% | 2.6% | -13.6% |
Balance sheet
Fiscal years, from NX's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $26M | $17M | $29M | $31M | $52M | $40M | $55M | $58M | $98M | $76M |
| Receivables | $84M | $79M | $84M | $83M | $88M | $108M | $96M | $97M | $198M | $205M |
| Inventory | $84M | $88M | $71M | $67M | $61M | $93M | $121M | $98M | $276M | $254M |
| Total current assets | $204M | $192M | $191M | $190M | $207M | $249M | $281M | $274M | $611M | $574M |
| Property, plant and equipment | $198M | $211M | $201M | $194M | $184M | $179M | $180M | $251M | $402M | $412M |
| Goodwill | $217M | $222M | $220M | $146M | $146M | $149M | $138M | $183M | $575M | $271M |
| Total assets | $780M | $774M | $743M | $645M | $692M | $717M | $725M | $831M | $2.3B | $2.0B |
| Total current liabilities | $114M | $106M | $102M | $110M | $130M | $158M | $140M | $135M | $273M | $282M |
| Long-term debt | $259M | $218M | $209M | $156M | $117M | $52M | $30M | $66M | $737M | $665M |
| Total liabilities | $413M | $367M | $348M | $315M | $336M | $298M | $260M | $286M | $1.3B | $1.2B |
| Shareholders' equity | $369M | $408M | $395M | $330M | $356M | $420M | $465M | $546M | $1.0B | $726M |
| Net debt | $233M | $201M | $180M | $126M | $65M | $12M | -$25M | $8M | $639M | $589M |
Cash flow
Fiscal years, from NX's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $87M | $80M | $105M | $96M | $101M | $79M | $98M | $147M | $89M | $165M |
| Capital spending | $37M | $35M | $26M | $25M | $26M | $24M | $33M | $37M | $37M | $63M |
| Free cash flow | $50M | $45M | $78M | $71M | $75M | $55M | $65M | $110M | $52M | $102M |
| Stock-based compensation | $6M | $5M | $2M | $2M | $879,000 | $2M | $2M | $3M | $3M | $4M |
| Dividends paid | $5M | $6M | $7M | $11M | $11M | $11M | $11M | $11M | $12M | $15M |
| Share buybacks (net) | $0 | $0 | -$32M | -$10M | -$7M | -$11M | -$7M | -$6M | $0 | -$32M |
| Free cash flow margin | 5.4% | 5.2% | 8.8% | 8.0% | 8.8% | 5.1% | 5.3% | 9.7% | 4.0% | 5.6% |
| Dividends per share | $0.16 | $0.16 | $0.20 | $0.32 | $0.32 | $0.32 | $0.32 | $0.32 | $0.33 | $0.32 |
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Open NX in InvestinglyQuestions
What was NX's revenue in 2025?
$1.8B in fiscal 2025, from its 10-K filing.
How much free cash flow does NX generate?
$102M in fiscal 2025 (operating cash flow minus capital spending).
From NX's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.