VALVOLINE INC. (VVV) FY2026 Q3 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-04-01 to 2026-06-30

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VALVOLINE INC. cash flow reconciliation, Apr 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. Intermediate calculation bars are lighter gray. Calculated remaining financing cash flows are purple; remaining operating and investing bundles are gray. Their underlying inflows and outflows are not separately identified. 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 income → Net cash from operating activities: $64,500,000.00Depreciation and amortization → Operating adjustments reconciliation: $38,200,000.00Payables and accrued liabilities → Operating adjustments reconciliation: $17,700,000.00Other assets and liabilities → Operating adjustments reconciliation: $12,900,000.00Stock-based compensation expense → Operating adjustments reconciliation: $3,400,000.00Other, net → Operating adjustments reconciliation: $2,100,000.00Loss from discontinued operations → Operating adjustments reconciliation: $500,000.00Operating adjustments reconciliation → Net cash from operating activities: $59,900,000.00Operating adjustments reconciliation → Receivables: $12,000,000.00Operating adjustments reconciliation → Inventories: $2,800,000.00Operating adjustments reconciliation → Remaining operating cash flows, net (calculated): $100,000.00Remaining investing cash flows, net (calculated) → investing reconciliation: $5,900,000.00investing reconciliation → Additions to property, plant and equipment: $57,100,000.00investing reconciliation → Acquisitions, net of cash acquired: $8,400,000.00investing reconciliation → Other investing activities, net: $2,300,000.00Net cash used in financing activities → financing reconciliation: $62,800,000.00financing reconciliation → Repayments on borrowings: $56,000,000.00financing reconciliation → Other financing activities, net: $6,000,000.00financing reconciliation → Payments of debt issuance costs and discounts: $800,000.00Net cash used in investing activities → investing reconciliation: $61,900,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $84,700,000.00Net cash from operating activities → Cash sources and uses: $124,400,000.00Cash sources and uses → Exchange-rate effect: $200,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $84,200,000.00Cash sources and uses → Net cash used in investing activities: $61,900,000.00Cash sources and uses → Net cash used in financing activities: $62,800,000.00Operating cash flows from discontinued operations: $0.00Net income: $64,500,000.00Net income+$64.50 MLoss from discontinued operations: $500,000.00Discontinued operations, net+$500.00 KLoss (gain) on sale of operations: -$0.00Depreciation and amortization: $38,200,000.00Depreciation and amortization+$38.20 MStock-based compensation expense: $3,400,000.00Stock-based compensation+$3.40 MOther, net: $2,100,000.00Other non-cash items+$2.10 MReceivables: -$12,000,000.00Receivables, net−$12.00 MInventories: -$2,800,000.00Inventories−$2.80 MPayables and accrued liabilities: $17,700,000.00Payables & accrued liabilities+$17.70 MOther assets and liabilities: $12,900,000.00Other working capital, net+$12.90 MRemaining operating cash flows, net (calculated): -$100,000.00Remaining operating (calculated)−$100.00 KNet cash from operating activities: $124,400,000.00Operating cash+$124.40 MOperating adjustments reconciliation: $74,800,000.00Proceeds from borrowings: $0.00Payments of debt issuance costs and discounts: -$800,000.00Debt issuance costs−$800.00 KRepayments on borrowings: -$56,000,000.00Debt repaid−$56.00 MRepurchases of common stock, including excise taxes of $16.4 in fiscal 2025: $0.00Other financing activities, net: -$6,000,000.00Other financing, net−$6.00 MNet cash used in financing activities: -$62,800,000.00. Cash required to fund net payments.Financing cash−$62.80 Mfinancing reconciliation: $62,800,000.00Additions to property, plant and equipment: -$57,100,000.00PP&E purchases−$57.10 MAcquisitions, net of cash acquired: -$8,400,000.00Acquisitions, net of cash−$8.40 MProceeds from sale of operations: $0.00Other investing activities, net: -$2,300,000.00Other investing, net−$2.30 MRemaining investing cash flows, net (calculated): $5,900,000.00Remaining investing (calculated)+$5.90 MNet cash used in investing activities: -$61,900,000.00. Cash required to fund net payments.Investing cash−$61.90 Minvesting reconciliation: $67,800,000.00Cash sources and uses: $209,100,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $84,700,000.00Beginning cash$84.70 MEnding cash: Cash, cash equivalents, and restricted cash: $84,200,000.00Ending cash$84.20 MExchange-rate effect: -$200,000.00FX effect−$200.00 KCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$67.30 MOperating cash − cash spent on PP&ECash flow / Net income1.93×Operating cash flow ÷ net incomeNet cash change−$500.00 KEnding cash − beginning cash
Chart details

VALVOLINE INC. cash flow reconciliation, Apr 1, 2026 through Jun 30, 2026

Cash flows for Apr 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Mar 31, 2026. 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 Mar 31, 2026
84,700,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
124,400,000 US dollars. Net cash provided. The remaining amount is calculated by subtracting the other displayed items from the operating total. This quarter is the year to date less the prior quarter's year to date. The prior quarter reported part of this section under different lines (Deferred income taxes), so those amounts cannot be separated for this quarter. It may combine inflows and outflows.
Net income
64,500,000 US dollars
Operating cash flows from discontinued operations
0 US dollars
Loss from discontinued operations
500,000 US dollars
Loss (gain) on sale of operations
0 US dollars
Depreciation and amortization
38,200,000 US dollars
Stock-based compensation expense
3,400,000 US dollars
Other, net
2,100,000 US dollars
Receivables
negative 12,000,000 US dollars
Inventories
negative 2,800,000 US dollars
Payables and accrued liabilities
17,700,000 US dollars
Other assets and liabilities
12,900,000 US dollars
Remaining operating cash flows, net (calculated)
negative 100,000 US dollars
Investing activities
negative 61,900,000 US dollars. Net cash used. The remaining amount is calculated by subtracting the other displayed items from the investing total. This quarter is the year to date less the prior quarter's year to date. The prior quarter reported part of this section under different lines (Purchases of investments), so Issuances of notes receivable and Repayments of notes receivable cannot be separated for this quarter. It may combine inflows and outflows.
Additions to property, plant and equipment
negative 57,100,000 US dollars
Acquisitions, net of cash acquired
negative 8,400,000 US dollars
Proceeds from sale of operations
0 US dollars
Other investing activities, net
negative 2,300,000 US dollars
Remaining investing cash flows, net (calculated)
5,900,000 US dollars
Financing activities
negative 62,800,000 US dollars. Net cash used.
Proceeds from borrowings
0 US dollars
Payments of debt issuance costs and discounts
negative 800,000 US dollars
Repayments on borrowings
negative 56,000,000 US dollars
Repurchases of common stock, including excise taxes of $16.4 in fiscal 2025
0 US dollars
Other financing activities, net
negative 6,000,000 US dollars
Operating adjustment reconciliation
74,800,000 US dollars. Intermediate calculation joining the displayed items and the calculated net remainder. It does not establish gross cash receipts or payments and is not an additional cash flow.
financing gross reconciliation
62,800,000 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 displayed reconciliation
67,800,000 US dollars. Intermediate calculation joining the displayed items and the calculated net remainder. It does not establish gross cash receipts or payments and is not an additional cash flow.
Exchange-rate effect
negative 200,000 US dollars
Ending cash on Jun 30, 2026
84,200,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
209,100,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 500,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
1.93×. 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
124,400,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
57,100,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
67,300,000 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 $59.90M 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 purchases of property, plant and equipment equals free cash flow: 124,400,000 US dollars minus 57,100,000 US dollars equals 67,300,000 US dollars.
VALVOLINE INC. (VVV) FY2026 Q3 Statement of Cash Flows Sankey chart
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