SBSI (SBSI) financial statements
SBSI reported revenue of $237M in fiscal 2025, up 3.2% a year over 9 years.
Net income was $69M.
Free cash flow was $73M, and the company returned $43M in dividends and $23M in net buybacks.
The diluted share count rose 11% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from SBSI's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $179M | $181M | $213M | $212M | $237M | $239M | $253M | $251M | $258M | $237M |
| Interest expense | $29M | $44M | $57M | $71M | $45M | $26M | $41M | $145M | — | — |
| Pre-tax income | $60M | $70M | $84M | $88M | $93M | $131M | $120M | $101M | $107M | $83M |
| Income tax | $10M | $16M | $10M | $13M | $11M | $17M | $15M | $14M | $19M | $13M |
| Net income | $49M | $54M | $74M | $75M | $82M | $113M | $105M | $87M | $88M | $69M |
| EPS (diluted) | $1.81 | $1.81 | $2.11 | $2.20 | $2.47 | $3.47 | $3.26 | $2.82 | $2.91 | $2.29 |
| Diluted shares | 27M | 30M | 35M | 34M | 33M | 33M | 32M | 31M | 30M | 30M |
| Net margin | 27.6% | 29.9% | 34.8% | 35.1% | 34.7% | 47.5% | 41.5% | 34.6% | 34.3% | 29.2% |
Balance sheet
Fiscal years, from SBSI's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $170M | $199M | $121M | $111M | $108M | $202M | $199M | $561M | $426M | $390M |
| Property, plant and equipment | $106M | $134M | $136M | $144M | $145M | $143M | $141M | $139M | $142M | $152M |
| Goodwill | $92M | $201M | $201M | $201M | $201M | $201M | $201M | $201M | $201M | $201M |
| Total assets | $5.6B | $6.5B | $6.1B | $6.7B | $7.0B | $7.3B | $7.6B | $8.3B | $8.5B | $8.5B |
| Total liabilities | $5.0B | $5.7B | $5.4B | $5.9B | $6.1B | $6.3B | $6.8B | $7.5B | $7.7B | $7.7B |
| Shareholders' equity | $518M | $754M | $731M | $805M | $875M | $912M | $746M | $773M | $812M | $848M |
| Net debt | -$170M | -$199M | -$121M | -$111M | -$108M | -$202M | -$199M | -$561M | -$426M | -$390M |
Cash flow
Fiscal years, from SBSI's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $87M | $92M | $122M | $81M | $91M | $156M | $227M | $80M | $102M | $94M |
| Capital spending | $7M | $10M | $13M | $16M | $11M | $8M | $9M | $7M | $11M | $20M |
| Free cash flow | $80M | $82M | $109M | $65M | $79M | $148M | $217M | $73M | $91M | $73M |
| Stock-based compensation | $2M | $2M | $2M | $2M | $3M | $3M | $3M | $4M | $4M | $3M |
| Dividends paid | $26M | $32M | $42M | $43M | $43M | $45M | $45M | $44M | $44M | $43M |
| Share buybacks (net) | -$10M | $0 | -$47M | -$2M | -$31M | -$34M | -$34M | -$45M | -$2M | -$23M |
| Net borrowing | $98M | — | — | — | — | — | — | — | — | — |
| Free cash flow margin | 44.8% | 45.2% | 51.2% | 30.5% | 33.4% | 61.8% | 85.8% | 29.1% | 35.2% | 31.0% |
| Dividends per share | $0.95 | $1.07 | $1.20 | $1.25 | $1.30 | $1.36 | $1.39 | $1.42 | $1.44 | $1.43 |
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Open SBSI in InvestinglyQuestions
What was SBSI's revenue in 2025?
$237M in fiscal 2025, from its 10-K filing.
How much free cash flow does SBSI generate?
$73M in fiscal 2025 (operating cash flow minus capital spending).
From SBSI's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.