For the quarter ending 2026-03-29, CTRI had -$66,317K decrease in cash & cash equivalents over the period. -$55,272K in free cash flow.
| Cash Flow | 2026-03-29 | 2025-12-28 | 2025-09-28 | 2025-06-29 |
|---|---|---|---|---|
| Net loss | -9,485 | 30,381 | 2,114 | -9,845 |
| Depreciation | 27,359 | 28,611 | 27,805 | 55,096 |
| Amortization of intangible assets | 7,802 | 7,247 | 6,685 | 13,349 |
| Amortization of debt issuance costs | 573 | 465 | 668 | 2,452 |
| Non-cash loss on debt extinguishment | 0 | -91 | -2,247 | -404 |
| Goodwill impairment | - | 0 | - | - |
| Non-cash stock-based compensation expense | 2,231 | 2,186 | 2,143 | 3,750 |
| Gain on sale of equipment | 247 | 6,337 | 481 | 585 |
| Amortization of right-of-use assets | 8,012 | 7,093 | 5,173 | 10,153 |
| Deferred income taxes | -5 | -1,332 | -4,334 | -8,445 |
| Other non-cash items | - | 0 | 0 | - |
| Accounts receivable, net and contract assets-Nonrelated Party | - | 174,068 | - | - |
| Accounts receivable, net and contract assets-Related Party | - | 238 | - | - |
| Prepaid expenses and other assets | - | 7,495 | - | - |
| Accounts payable | - | 60,874 | - | - |
| Income tax assets and liabilities | - | 2,901 | - | - |
| Payments made on operating lease liabilities | - | -27,847 | - | - |
| Contract liabilities | - | 20,150 | - | - |
| Accrued expenses and other liabilities | - | 27,090 | - | - |
| Changes in assets and liabilities, net of non-cash transactions | -42,840 | - | 36,806 | 77,312 |
| Net cash (used in) provided by operating activities | -35,038 | 83,890 | 5,214 | -10,983 |
| Capital expenditures | 20,234 | 17,587 | 23,576 | 45,162 |
| Proceeds from sale of property and equipment | 1,629 | 39,376 | 2,056 | 2,521 |
| Acquisition of business, net of cash acquired | - | 45,832 | - | - |
| Purchase of equity method investment | 2,000 | - | - | - |
| Net cash used in investing activities | -20,605 | -24,043 | -21,520 | -42,641 |
| Proceeds from public offerings and private placements, net of offering costs paid | - | 250,923 | 0 | 0 |
| Proceeds from line of credit borrowings | 5,833 | 78,236 | 28,077 | 113,931 |
| Payment of line of credit borrowings | 5,833 | 84,350 | 102,992 | 59,317 |
| Proceeds from long-term debt borrowings, net | - | 0 | 242,936 | - |
| Redemption of redeemable noncontrolling interest | - | 0 | 0 | 0 |
| Principal payments on long-term debt | 7,850 | 190,595 | 158,277 | 15,808 |
| Payment of debt issuance costs | - | 0 | 3,214 | - |
| Principal payments on finance lease liabilities | 1,964 | 1,966 | 2,264 | 5,188 |
| Other | -685 | -443 | 0 | -931 |
| Net cash used in financing activities | -10,499 | 51,805 | 4,266 | 32,687 |
| Effects of foreign exchange translation | -175 | 274 | -159 | 250 |
| Net decrease in cash and cash equivalents | -66,317 | 111,926 | -12,199 | -20,687 |
| Cash, cash equivalents, and restricted cash, beginning of period | 128,059 | 16,133 | 49,019 | - |
| Cash, cash equivalents, and restricted cash, end of period | 61,742 | 128,059 | 16,133 | - |
Centuri Holdings, Inc. (CTRI)
Centuri Holdings, Inc. (CTRI)