NPK International Inc (NPKI) financial statements: income statement, balance sheet and cash flow
NPK International Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), NPK International Inc reported revenue of $277.0M (+27.4% year on year) and net income of $38.9M (+125.9% year on year).
Income statement
NPK International Inc income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Total revenues
$277.0M
$217.5M
$749.6M
$815.6M
Total cost of revenues
$176.3M
$140.4M
$611.1M
$694.1M
Selling, general and administrative expenses
$54.0M
$46.0M
$101.1M
$97.6M
Other operating (income) loss, net
($53.0K)
($1.3M)
($2.6M)
($4.4M)
Operating income from continuing operations
$46.8M
$32.4M
$33.6M
($9.0M)
Foreign currency exchange (gain) loss
($884.0K)
$869.0K
$267.0K
$389.0K
Interest expense, net
$13.0K
$2.6M
$8.2M
$7.0M
Income from continuing operations before income taxes
$47.6M
$28.9M
$25.2M
($16.5M)
Provision (benefit) for income taxes from continuing operations
$11.7M
($6.7M)
$10.7M
$4.4M
Income from continuing operations
$35.9M
$35.6M
—
—
Income (loss) from discontinued operations before income taxes
($1.4M)
$4.4M
—
—
Gain (loss) on sale of discontinued operations before income taxes
$2.2M
($195.7M)
—
—
Provision (benefit) for income taxes from discontinued operations
($2.2M)
($5.5M)
—
—
Income (loss) from discontinued operations
$3.0M
($185.9M)
—
—
Net income (loss)
$38.9M
($150.3M)
$14.5M
($20.8M)
Income from continuing operations (in shares)
0.42
0.41
—
—
Income (loss) from discontinued operations (in dollars per share)
$0.04
-$2.17
—
—
Net income (loss), basic (in dollars per share)
$0.46
-$1.75
$0.17
-$0.22
Income from continuing operations-diluted (in dollars per share)
$0.42
$0.41
—
—
Income (loss) from discontinued operations (in dollars per share)
$0.03
-$2.13
—
—
Net income (loss), diluted (in dollars per share)
$0.45
-$1.72
$0.16
-$0.22
NPK International Inc income statement, quarters
Line item
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Jun 30, 2025 · Q2
Revenues
$81.6M
$75.1M
$68.8M
$68.2M
Cost of revenues
$51.4M
$47.9M
$46.9M
$43.1M
Selling, general and administrative expenses
$14.2M
$13.2M
$13.3M
$13.7M
Other operating (income) loss, net
($91.0K)
($428.0K)
($368.0K)
($105.0K)
Operating income from continuing operations
$16.1M
$14.4M
$9.1M
$11.6M
Foreign currency exchange (gain) loss
($154.0K)
$145.0K
$31.0K
($626.0K)
Interest (income) expense, net
$347.0K
$323.0K
($47.0K)
$1.0K
Income from continuing operations before income taxes
$15.9M
$14.0M
$9.1M
$12.3M
Provision for income taxes from continuing operations
$3.9M
$3.6M
$3.0M
$3.5M
Income from continuing operations
$12.0M
$10.4M
$6.1M
$8.8M
Income (loss) from discontinued operations, net of tax
($22.0K)
$100.0K
($409.0K)
($106.0K)
Net income
$12.0M
$10.5M
$5.7M
$8.7M
Net income, basic (in dollars per share)
$0.14
$0.12
$0.07
$0.10
Income from continuing operations (in dollars per share)
$0.14
$0.12
$0.07
$0.10
Income (loss) from discontinued operations (in dollars per share)
$0.00
$0.00
$0.00
$0.00
Net income (in dollars per share)
$0.14
$0.12
$0.07
$0.10
Balance sheet
NPK International Inc balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$5.1M
$17.8M
$38.6M
$23.2M
Receivables, net of allowance of $330 and $948, respectively
$59.8M
$74.8M
$168.5M
—
Inventories
$11.5M
$14.7M
$141.1M
$149.6M
Prepaid expenses and other current assets
$5.0M
$5.7M
$9.1M
$11.0M
Total current assets
$81.5M
$113.0M
$357.2M
$426.0M
Property, plant and equipment, net
$233.0M
$187.5M
$195.3M
$193.1M
Operating lease assets
$11.2M
$11.8M
$20.7M
$23.8M
Goodwill
$76.3M
$47.2M
$47.3M
$47.1M
Other intangible assets, net
$21.3M
$10.3M
$17.1M
$20.2M
Deferred tax assets
$5.5M
$15.6M
$2.6M
$2.3M
Other assets
$12.8M
$8.3M
$2.1M
$2.4M
Total assets
$441.8M
$393.7M
$642.3M
$714.9M
Current debt
$5.2M
$2.9M
$16.9M
$22.4M
Accounts payable
$22.3M
$19.5M
$70.1M
$93.6M
Accrued liabilities
$29.6M
$22.3M
$49.3M
$46.9M
Total current liabilities
$57.1M
$44.7M
$136.3M
$162.9M
Long-term debt, less current portion
$11.7M
$4.8M
$58.1M
$91.7M
Noncurrent operating lease liabilities
$9.9M
$10.9M
$17.4M
$19.8M
Deferred tax liabilities
$7.5M
$1.2M
$8.3M
$8.1M
Other noncurrent liabilities
$4.4M
$5.6M
$6.9M
$9.3M
Total liabilities
$90.6M
$67.2M
$227.0M
$291.8M
Common stock, $0.01 par value (200,000,000 shares authorized and 90,134,477 and 111,669,464 shares issued, respectively)
902.0K
1.1M
1.1M
1.1M
Paid-in capital
$489.6M
$633.2M
$639.6M
$641.3M
Accumulated other comprehensive loss
($1.6M)
($2.9M)
($62.8M)
($67.2M)
Retained earnings (deficit)
($100.5M)
($139.5M)
$10.8M
$2.5M
Treasury stock, at cost (5,616,798 and 25,114,978 shares, respectively)
-37.2M
-165.5M
-173.3M
-154.7M
Total stockholders’ equity
$351.2M
$326.5M
$415.4M
$423.0M
Total liabilities and stockholders’ equity
$441.8M
$393.7M
$642.3M
$714.9M
NPK International Inc balance sheet, quarters
Line item
Jun 30, 2026
Mar 31, 2026
Sep 30, 2025
Jun 30, 2025
Cash and cash equivalents
$8.4M
$6.5M
$35.6M
$26.0M
Receivables, net of allowance of $545 and $330, respectively
$60.3M
$61.6M
$57.4M
$61.0M
Inventories
$11.5M
$9.3M
$9.7M
$11.1M
Prepaid expenses and other current assets
$4.9M
$4.8M
$5.2M
$4.3M
Total current assets
$85.0M
$82.3M
$107.8M
$102.4M
Property, plant and equipment, net
$250.0M
$239.8M
$210.5M
$202.2M
Operating lease assets
$10.0M
$10.2M
$10.8M
$11.0M
Goodwill
$76.0M
$75.5M
$47.5M
$47.6M
Other intangible assets, net
$18.6M
$19.7M
$8.9M
$9.4M
Deferred tax assets
$1.6M
$2.2M
$6.8M
$9.7M
Other assets
$8.5M
$8.2M
$12.1M
$11.5M
Total assets
$449.7M
$437.9M
$404.5M
$393.7M
Current debt
$5.2M
$4.8M
$3.6M
$3.4M
Accounts payable
$23.4M
$23.1M
$22.0M
$22.1M
Accrued liabilities
$24.1M
$24.1M
$23.4M
$18.4M
Total current liabilities
$52.7M
$52.0M
$49.0M
$43.8M
Long-term debt, less current portion
$5.4M
$5.7M
$5.9M
$5.9M
Noncurrent operating lease liabilities
$8.6M
$9.1M
$9.6M
$10.0M
Deferred tax liabilities
$9.7M
$7.2M
$1.8M
$1.5M
Other noncurrent liabilities
$2.0M
$4.1M
$4.2M
$3.7M
Total liabilities
$78.4M
$78.1M
$70.5M
$64.8M
Common stock, $0.01 par value (200,000,000 shares authorized and 89,969,464 and 90,134,477 shares issued, respectively)
900.0K
900.0K
1.1M
1.1M
Paid-in capital
$487.7M
$490.0M
$630.8M
$630.0M
Accumulated other comprehensive loss
($2.7M)
($3.0M)
($2.7M)
($2.5M)
Retained earnings (deficit)
($78.1M)
($90.1M)
($115.1M)
($120.8M)
Treasury stock, at cost (5,059,570 and 5,616,798 shares, respectively)
-36.4M
-38.1M
-180.2M
-178.9M
Total stockholders’ equity
$371.4M
$359.8M
$333.9M
$328.8M
Total liabilities and stockholders’ equity
$449.7M
$437.9M
$404.5M
$393.7M
Cash flow statement
NPK International Inc cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net income (loss)
$38.9M
($150.3M)
$14.5M
($20.8M)
(Gain) loss on divestitures
($2.2M)
$195.7M
$0
($3.6M)
Impairments and other non-cash charges
$0
$0
$6.4M
$37.3M
Depreciation and amortization
$25.5M
$27.5M
$31.4M
$38.6M
Stock-based compensation expense
$5.5M
$5.2M
$6.6M
$6.9M
Provision for deferred income taxes
$8.9M
($20.3M)
($482.0K)
($3.4M)
Credit loss expense
$35.0K
$698.0K
$1.2M
$1.0M
Gain on sale of assets
($1.9M)
($4.3M)
($2.9M)
($2.8M)
Gain on insurance recovery
$0
($874.0K)
$0
$0
Amortization of original issue discount and debt issuance costs
$472.0K
$983.0K
$541.0K
$871.0K
(Increase) decrease in receivables
($3.9M)
($28.0M)
$64.8M
($42.5M)
Decrease in inventories
$3.4M
$9.7M
$2.3M
($46.9M)
(Increase) decrease in other assets
($3.5M)
($3.9M)
$307.0K
($855.0K)
Increase (decrease) in accounts payable
($2.6M)
$12.5M
($25.1M)
$10.8M
Increase (decrease) in accrued liabilities and other
$4.2M
($6.6M)
$445.0K
$334.0K
Net cash provided by operating activities
$73.0M
$38.2M
$100.0M
($25.0M)
Capital expenditures
($46.7M)
($43.5M)
($29.2M)
($28.3M)
Business acquisitions, net of cash acquired
($42.4M)
—
$0
$0
Proceeds from divestitures, net of cash disposed
$16.6M
$48.5M
—
—
Proceeds from sale of property, plant and equipment
$4.0M
$5.0M
$3.7M
$3.2M
Proceeds from insurance property claim
$0
$1.4M
$0
$0
Other investing activities
$3.1M
($3.1M)
—
—
Net cash provided by (used in) investing activities
($65.3M)
$8.3M
($5.7M)
$46.2M
Borrowings on lines of credit
$27.3M
$177.5M
$241.9M
$287.3M
Payments on lines of credit
($22.0M)
($224.3M)
($277.6M)
($290.9M)
Debt issuance costs
($1.2M)
($50.0K)
$0
($1.5M)
Purchases of treasury stock
($22.7M)
($4.5M)
($34.3M)
($20.2M)
Proceeds from employee stock plans
$1.5M
$139.0K
$606.0K
—
Other financing activities
($3.8M)
($15.7M)
($11.7M)
($3.3M)
Net cash used in financing activities
($20.9M)
($66.9M)
($81.0M)
($24.9M)
Effect of exchange rate changes on cash
$177.0K
($212.0K)
$576.0K
($707.0K)
Net increase (decrease) in cash, cash equivalents, and restricted cash
($13.1M)
($20.7M)
$13.8M
($4.4M)
Cash, cash equivalents, and restricted cash at beginning of year
$18.2M
$38.9M
$25.1M
$29.5M
Cash, cash equivalents, and restricted cash at end of year
$5.1M
$18.2M
$38.9M
$25.1M
NPK International Inc cash flow statement, quarters
Line item
Jun 30, 2026 · YTD
Mar 31, 2026 · Q1
Sep 30, 2025 · YTD
Jun 30, 2025 · YTD
Net income
$22.4M
$10.5M
$24.3M
$18.7M
Gain on divestitures
($500.0K)
($500.0K)
$0
—
Depreciation and amortization
$16.5M
$8.2M
$18.2M
$12.0M
Stock-based compensation expense
$4.1M
$1.7M
$4.1M
$2.6M
Provision for deferred income taxes
$6.3M
$3.2M
$9.4M
$6.2M
Credit loss expense
$64.0K
$29.0K
$19.0K
$19.0K
Gain on sale of assets
($1.2M)
($621.0K)
($2.2M)
($1.6M)
Amortization of original issue discount and debt issuance costs
$158.0K
$79.0K
$394.0K
$313.0K
Increase in receivables
($1.5M)
($3.1M)
($2.5M)
($6.3M)
Decrease in inventories
$25.0K
$2.2M
$5.0M
$3.6M
Increase in other assets
($736.0K)
($41.0K)
($3.7M)
($1.9M)
Increase in accounts payable
$3.7M
$3.7M
$1.5M
$1.8M
Decrease in accrued liabilities and other
($6.4M)
($4.2M)
$405.0K
($5.1M)
Net cash provided by operating activities
$43.0M
$21.1M
$55.0M
$30.3M
Capital expenditures
($33.2M)
($16.7M)
($34.4M)
($21.7M)
Proceeds from divestitures
$5.5M
$5.5M
—
$14.5M
Proceeds from sale of property, plant and equipment
$1.0M
$483.0K
$3.8M
$3.3M
Other investing activities
$0
$0
$3.1M
$3.1M
Net cash used in investing activities
($26.7M)
($10.7M)
($13.0M)
($811.0K)
Borrowings on lines of credit
$12.6M
$12.1M
$0
$0
Payments on lines of credit
($17.9M)
($17.4M)
$0
$0
Debt issuance costs
$0
—
($811.0K)
($797.0K)
Purchases of treasury stock
($5.9M)
($2.7M)
($22.7M)
($19.3M)
Proceeds from employee stock plans
$528.0K
$491.0K
$1.5M
$0
Other financing activities
($2.4M)
($1.4M)
($2.6M)
($1.7M)
Net cash used in financing activities
($13.1M)
($8.9M)
($24.6M)
($21.8M)
Effect of exchange rate changes on cash
($40.0K)
($83.0K)
$91.0K
$110.0K
Net increase in cash, cash equivalents, and restricted cash
$3.2M
$1.4M
$17.4M
$7.8M
Cash, cash equivalents, and restricted cash at beginning of period
$5.1M
$5.1M
$18.2M
$18.2M
Cash, cash equivalents, and restricted cash at end of period