For the quarter ending 2026-03-31, BHE had $2,841K increase in cash & cash equivalents over the period. $31,012K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Provision for doubtful accounts | - | 298 | 0 | 0 |
| Net income | 13,023 | 5,973 | 14,263 | 4,616 |
| Depreciation | 9,384 | 9,535 | 9,374 | 18,524 |
| Amortization | 2,518 | 2,466 | 2,470 | 5,261 |
| Stock-based compensation expense | 5,401 | 2,121 | 5,345 | 9,732 |
| Deferred income taxes | -668 | -4,293 | 433 | -1,875 |
| Asset impairments | - | 11,102 | - | - |
| Gain on assets held for sale | 399 | - | - | - |
| (gain) loss on the sale of property, plant and equipment | 31 | 8 | 77 | -121 |
| Gain on business divestiture | - | 306 | 2,351 | - |
| Accounts receivable | -14,170 | 13,077 | 8,050 | -46,794 |
| Contract assets | 8,064 | -16,137 | 23,906 | 7,523 |
| Inventories | 25,558 | -26,620 | -22,460 | -26,087 |
| Prepaid expenses and other assets | -6,375 | 7,526 | 5,305 | 15,621 |
| Accounts payable | 42,323 | 12,831 | 23,293 | -3,727 |
| Advance payments from customers | -4,579 | -8,619 | -2,299 | -17,150 |
| Accrued liabilities | -8,399 | -958 | 5,371 | -17,736 |
| Operating leases | -26 | -11 | 2 | 1,906 |
| Income taxes | 1,558 | 6,391 | -4,415 | -20,729 |
| Net cash provided by operating activities | 47,028 | 58,676 | 36,608 | 28,680 |
| Additions to property, plant and equipment | 16,016 | 10,438 | 10,788 | 14,387 |
| Additions to capitalized purchased software | 2,254 | 152 | 706 | 2,073 |
| Cash received from business divestiture | - | 0 | 5,056 | - |
| Proceeds from the sale of assets held for sale | 2,260 | - | - | - |
| Proceeds from the disposal of property, plant and equipment | 31 | 702 | 27 | 62 |
| Other, net | 119 | 0 | 1 | 0 |
| Net cash used in investing activities | -16,098 | -9,888 | -6,412 | -16,398 |
| Borrowings under credit agreement | 113,000 | 157,500 | 335,000 | 398,594 |
| Debt issuance costs | - | 0 | 0 | 2,289 |
| Principal payments on credit agreement | 118,938 | 163,438 | 325,937 | 446,641 |
| Dividends paid | 6,062 | 6,065 | 6,105 | 12,255 |
| Employee taxes paid with shares withheld | 8,101 | 98 | 413 | 6,739 |
| Proceeds from stock options exercised | 0 | 0 | 0 | 4 |
| Principal payments on finance leases | 0 | 32 | 48 | 94 |
| Share repurchases | 5,799 | 854 | 9,999 | 15,995 |
| Net cash used in financing activities | -25,900 | -12,987 | -7,502 | -85,415 |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | -2,189 | 538 | -1,280 | 9,753 |
| Net increase in cash, cash equivalents and restricted cash | 2,841 | 36,339 | 21,414 | -63,380 |
| Cash, cash equivalents and restricted cash at the beginning of the year | 322,400 | 286,061 | 328,027 | - |
| Cash, cash equivalents and restricted cash at the end of the period | 325,241 | 322,400 | 286,061 | - |
BENCHMARK ELECTRONICS INC (BHE)
BENCHMARK ELECTRONICS INC (BHE)