NETSCOUT Systems, Inc.
S&P 600
Cash Flow
Cash Flow Breakdown
Figures in US$OperatingInvestingFinancing
How to read this: the three bars show where cash moved each year. Operating is cash from the core business (you generally want this positive and growing). Investing is usually negative — money spent on assets or acquisitions. Financing shows money raised from, or returned to, lenders and shareholders. Bars above the line are cash in; bars below are cash out.
Operating Cash Flow vs Capex
Figures in US$Operating Cash FlowCapital Expenditure
How to read this: operating cash flow is the cash the business generated; capital expenditure is what it spent on long-term assets like plant and equipment. The gap between them is roughly free cash flow — the cash left over. A wide gap (operating well above capex) means the business funds its investment comfortably from its own earnings.
| Period | Operating Cash Flow | Investing Cash Flow | Financing Cash Flow | Capital Expenditure |
|---|---|---|---|---|
| FY2015 | $106.93M | $-56.19M | $-48.76M | $12.81M |
| FY2016 | $97.21M | $25.09M | $-17.23M | $24.78M |
| FY2017 | $226.76M | $-41.62M | $-89.55M | $29.70M |
| FY2018 | $222.45M | $57.13M | $-220.96M | $15.91M |
| FY2019 | $149.84M | $-26.25M | $-79.29M | $23.39M |
| FY2020 | $225.02M | $-4.31M | $-286.87M | $19.92M |
| FY2021 | $213.92M | $24.70M | $-118.31M | $11.99M |
| FY2022 | $296.01M | $-68.35M | $-54.17M | $10.35M |
| FY2023 | $156.65M | $15.30M | $-419.43M | $10.48M |
| FY2024 | $58.81M | $13.36M | $-69.35M | $6.36M |
| FY2025 | $217.67M | $-7.00M | $-142.01M | $5.41M |
| FY2026 | $294.54M | $-92.83M | $-76.69M | $9.11M |
Figures in USD. Educational data only.
Understanding these terms
Plain-English explanations of each figure in the table above, and what a beginner typically looks at. These are educational descriptions only, not advice.
- Operating Cash Flow
- Cash produced by the company's core operations during the period. The US equivalent of "Cash from Operating Activity".How a beginner reads it: A beginner uses this as a reality check on profit, since it reflects cash actually collected. Healthy, consistent operating cash flow underpins a company's ability to invest and repay debt.
- Investing Cash Flow
- Cash used for or generated by buying and selling long-term assets and investments. The US equivalent of "Cash from Investing Activity".How a beginner reads it: A beginner expects this to be negative for companies investing in growth. Reading it next to operating cash flow shows whether the business funds its investments from its own earnings.
- Financing Cash Flow
- Cash flows with lenders and shareholders — borrowing, repaying, issuing shares, buybacks, and dividends. The US equivalent of "Cash from Financing Activity".How a beginner reads it: A beginner reads this to understand whether the company is taking in money (borrowing/issuing) or paying it out (repaying/dividends), and how that fits the operating picture.
- Capital Expenditure
- Money spent on buying or upgrading long-lived assets like plant, equipment, and buildings. Often shortened to "capex".How a beginner reads it: A beginner reads capex against operating cash flow to see whether a company funds its investment from its own earnings. Operating cash flow minus capex is roughly free cash flow.