CTS CORPORATION (CTS) FY2026 YTD Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-01-01 to 2026-06-30

Swipe to see the full flow
CTS CORPORATION cash flow reconciliation, Jan 1, 2026 through Jun 30, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net earnings → Net cash from operating activities: $36,361,000.00Depreciation and amortization → Operating adjustments reconciliation: $17,589,000.00Operating lease liabilities → Operating adjustments reconciliation: $9,592,000.00Stock-based compensation → Operating adjustments reconciliation: $4,016,000.00Deferred income taxes → Operating adjustments reconciliation: $3,406,000.00Accounts payable → Operating adjustments reconciliation: $2,137,000.00Other assets → Operating adjustments reconciliation: $1,061,000.00Change in fair value of contingent consideration liability → Operating adjustments reconciliation: $108,000.00Pension and other post-retirement plan expense → Operating adjustments reconciliation: $12,000.00Operating adjustments reconciliation → Net cash from operating activities: $14,374,000.00Operating adjustments reconciliation → Operating lease assets: $9,600,000.00Operating adjustments reconciliation → Inventories: $6,994,000.00Operating adjustments reconciliation → Accounts receivable: $4,117,000.00Operating adjustments reconciliation → Accrued payroll and benefits: $1,822,000.00Operating adjustments reconciliation → Accrued expenses and other liabilities: $774,000.00Operating adjustments reconciliation → (Gain) loss on foreign currency hedges, net of cash: $213,000.00Operating adjustments reconciliation → Pension and other post-retirement plans: $27,000.00Short-term investments → investing reconciliation: $2,888,000.00investing reconciliation → Capital expenditures: $9,577,000.00Net cash used in financing activities → financing reconciliation: $18,704,000.00Proceeds from borrowings of long-term debt → financing reconciliation: $339,700,000.00financing reconciliation → Payments of long-term debt: $342,200,000.00financing reconciliation → Purchases of treasury stock: $11,967,000.00financing reconciliation → Dividends paid: $2,296,000.00financing reconciliation → Taxes paid on behalf of equity award participants: $1,941,000.00Net cash used in investing activities → investing reconciliation: $6,689,000.00Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations → Cash sources and uses: $82,295,000.00Net cash from operating activities → Cash sources and uses: $50,735,000.00Cash sources and uses → Exchange-rate effect: $101,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $107,536,000.00Cash sources and uses → Net cash used in investing activities: $6,689,000.00Cash sources and uses → Net cash used in financing activities: $18,704,000.00Net earnings: $36,361,000.00Net earnings+$36.36 MDepreciation and amortization: $17,589,000.00Depreciation & amortization+$17.59 MPension and other post-retirement plan expense: $12,000.00Pension & postretirement expense+$12.00 KStock-based compensation: $4,016,000.00Stock-based compensation+$4.02 MChange in fair value of contingent consideration liability: $108,000.00Contingent consideration change+$108.00 K(Gain) loss on foreign currency hedges, net of cash: -$213,000.00FX hedge gain & loss, net−$213.00 KDeferred income taxes: $3,406,000.00Deferred taxes & credits+$3.41 MAccounts receivable: -$4,117,000.00Accounts receivable−$4.12 MInventories: -$6,994,000.00Inventories−$6.99 MOperating lease assets: -$9,600,000.00Operating lease assets−$9.60 MOther assets: $1,061,000.00Other operating assets+$1.06 MAccounts payable: $2,137,000.00Accounts payable+$2.14 MAccrued payroll and benefits: -$1,822,000.00Accrued salaries & wages−$1.82 MOperating lease liabilities: $9,592,000.00Operating lease liabilities+$9.59 MAccrued expenses and other liabilities: -$774,000.00Other operating liabilities−$774.00 KPension and other post-retirement plans: -$27,000.00Pension & retiree obligations−$27.00 KNet cash from operating activities: $50,735,000.00Operating cash+$50.74 MOperating adjustments reconciliation: $37,921,000.00Payments of long-term debt: -$342,200,000.00Long-term credit line repayments−$342.20 MProceeds from borrowings of long-term debt: $339,700,000.00Long-term credit line borrowings+$339.70 MPurchases of treasury stock: -$11,967,000.00Common stock repurchases−$11.97 MDividends paid: -$2,296,000.00Common dividends paid−$2.30 MTaxes paid on behalf of equity award participants: -$1,941,000.00Stock-award tax withholding−$1.94 MNet cash used in financing activities: -$18,704,000.00. Cash required to fund net payments.Financing cash−$18.70 Mfinancing reconciliation: $358,404,000.00Capital expenditures: -$9,577,000.00Capital expenditures−$9.58 MShort-term investments: $2,888,000.00Short-term investment proceeds+$2.89 MNet cash used in investing activities: -$6,689,000.00. Cash required to fund net payments.Investing cash−$6.69 Minvesting reconciliation: $9,577,000.00Cash sources and uses: $133,030,000.00Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $82,295,000.00Beginning cash$82.30 MEnding cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $107,536,000.00Ending cash$107.54 MExchange-rate effect: -$101,000.00FX effect−$101.00 KCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$41.16 MOperating cash − cash spent on productive assetsCash flow / Net income1.40×Operating cash flow ÷ net incomeNet cash change+$25.24 MEnding cash − beginning cash
Chart details

CTS CORPORATION cash flow reconciliation, Jan 1, 2026 through Jun 30, 2026

Cash flows for Jan 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations. Beginning cash: Dec 31, 2025. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Dec 31, 2025
82,295,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
Operating activities
50,735,000 US dollars. Net cash provided.
Net earnings
36,361,000 US dollars
Depreciation and amortization
17,589,000 US dollars
Pension and other post-retirement plan expense
12,000 US dollars
Stock-based compensation
4,016,000 US dollars
Change in fair value of contingent consideration liability
108,000 US dollars
(Gain) loss on foreign currency hedges, net of cash
negative 213,000 US dollars
Deferred income taxes
3,406,000 US dollars
Accounts receivable
negative 4,117,000 US dollars
Inventories
negative 6,994,000 US dollars
Operating lease assets
negative 9,600,000 US dollars
Other assets
1,061,000 US dollars
Accounts payable
2,137,000 US dollars
Accrued payroll and benefits
negative 1,822,000 US dollars
Operating lease liabilities
9,592,000 US dollars
Accrued expenses and other liabilities
negative 774,000 US dollars
Pension and other post-retirement plans
negative 27,000 US dollars
Investing activities
negative 6,689,000 US dollars. Net cash used.
Capital expenditures
negative 9,577,000 US dollars
Short-term investments
2,888,000 US dollars
Financing activities
negative 18,704,000 US dollars. Net cash used.
Payments of long-term debt
negative 342,200,000 US dollars
Proceeds from borrowings of long-term debt
339,700,000 US dollars
Purchases of treasury stock
negative 11,967,000 US dollars
Dividends paid
negative 2,296,000 US dollars
Taxes paid on behalf of equity award participants
negative 1,941,000 US dollars
Operating adjustment reconciliation
37,921,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
358,404,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
9,577,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
negative 101,000 US dollars
Ending cash on Jun 30, 2026
107,536,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
Cash sources and uses
133,030,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
25,241,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
1.40×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
50,735,000 US dollars. Operating cash flow used in the free cash flow calculation.
cash spent on productive assets
9,577,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
41,158,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $14.37M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash spent on productive assets equals free cash flow: 50,735,000 US dollars minus 9,577,000 US dollars equals 41,158,000 US dollars.
CTS CORPORATION (CTS) FY2026 YTD Q2 Statement of Cash Flows Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Newsletter

Get the teardowns by email

Subscribe if you want the public-company teardowns in your inbox when they're released.

Product waitlist

Health Check and Teardown for your own company

A health check uncovers insights of your private books, not a public ticker. Join this list to get notified as soon as we go-live!