For the quarter ending 2026-03-31, ANDE had -$25,885K decrease in cash & cash equivalents over the period. -$445,387K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 29,332 | 71,092 | 26,071 | 22,138 |
| Depreciation and amortization | 34,112 | 33,265 | 32,647 | 67,411 |
| Bad debt expense, net | - | 4,664 | - | - |
| Stock-based compensation expense | - | 16,984 | - | - |
| Deferred income taxes | - | -6,009 | - | - |
| Asset impairment | - | 18,129 | - | - |
| Other | -4,701 | 28,273 | -9,743 | -10,311 |
| Accounts receivable | 120,542 | -61,722 | -66,246 | 23,396 |
| Inventories | 34,986 | 464,183 | 129,572 | -521,356 |
| Commodity derivatives | 13,235 | -3,459 | 17,316 | -19,857 |
| Other current and non-current assets | 22,535 | -21,646 | -14,816 | 31,730 |
| Payables and other current and non-current liabilities | -270,522 | 261,319 | 231,247 | -636,646 |
| Net cash used in operating activities | -393,675 | -6,185 | 233,882 | -50,699 |
| Purchases of property, plant and equipment and capitalized software | 51,712 | 70,913 | 66,834 | 95,376 |
| Property insurance proceeds | - | 1,937 | 12,198 | 13,989 |
| Proceeds from sale of businesses | - | 11,263 | - | - |
| Acquisition of businesses, net of cash acquired | - | 0 | - | - |
| Other | -2,248 | 10,302 | -3,043 | -5,680 |
| Net cash used in investing activities | -49,464 | -68,015 | -51,593 | -75,707 |
| Net proceeds under short-term lines of credit | 467,584 | 107,606 | 37,166 | -64,875 |
| Common stock repurchased | - | 0 | 15,366 | - |
| Payments of long-term debt | - | 36,208 | - | - |
| Proceeds from issuance of long-term debt | 86,250 | 0 | 0 | 14,700 |
| Purchase of noncontrolling interest in a subsidiary | - | 425,000 | - | - |
| Payments of long-term debt | 90,255 | - | 9,874 | 16,645 |
| Distributions to noncontrolling interest owner | - | 111 | 32,110 | 1,547 |
| Purchase of noncontrolling interest in a consolidated subsidiary | - | - | 425,000 | - |
| Value of shares withheld for taxes | 2,985 | - | 80 | 3,931 |
| Dividends paid | 6,846 | 6,954 | 6,527 | 13,367 |
| Payments of debt issuance costs | 5,435 | - | - | - |
| Other | 0 | -4,034 | 822 | -1,343 |
| Net cash provided by financing activities | 417,783 | 90,829 | -450,969 | -87,008 |
| Effect of exchange rates on cash and cash equivalents | -529 | 24 | -660 | 2,613 |
| Decrease in cash and cash equivalents | -25,885 | 16,653 | -269,340 | -210,801 |
| Cash and cash equivalents at beginning of period | 98,283 | 81,630 | 561,771 | - |
| Cash and cash equivalents at end of period | 72,398 | 98,283 | 81,630 | - |
Andersons, Inc. (ANDE)
Andersons, Inc. (ANDE)