Northern Quarterly Cash Flow Statement
NASDAQ: NTRSFinanceMajor BanksUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Northern free cash flow
In the quarter ended Jun 30, 2026, Northern generated -$64.9 million of operating cash flow and spent $25.4 million on capital expenditures. That left free cash flow of -$90.3 million, a free-cash-flow margin of -6.7% of revenue. Free cash flow was down 104.9% from the prior year's $1.86 billion.
Northern returned $497.5 million to shareholders: $146.9 million in dividends and $350.6 million in share repurchases.
Summary generated from market data by MetaCap's automated system. Methodology
Northern cash flow statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 792.20M | 525.50M | 466.00M | 457.60M | 421.30M | 392.00M | 455.40M | 464.90M | 896.10M | 214.70M | 113.10M | 327.80M |
| Net Income growth (YoY) | +88.04% | +34.06% | +2.33% | -1.57% | -52.99% | +82.58% | +302.65% | +41.82% | +170.07% | -35.83% | -27.36% | -16.97% |
| Depreciation & Amortization | 198.40M | 197.10M | 196.90M | 195.80M | 195.70M | 190.70M | 182.90M | 183.10M | 180.50M | 170.30M | 169.00M | 157.50M |
| Stock-Based Compensation | 52.80M | 74.30M | 18.80M | 17.60M | 18.20M | 71.90M | 21.30M | 14.70M | 17.00M | 66.40M | 19.90M | 16.50M |
| Change in Working Capital | 38.30M | -164.80M | -9.40M | -22.80M | 195.60M | -206.00M | 272.50M | -68.60M | -36.60M | -173.40M | 212.30M | -272.60M |
| Operating Cash Flow | -64.90M | -320.00M | 388.40M | 525.80M | 1.87B | 2.75B | -2.63B | 611.10M | 2.99B | -1.45B | 2.80B | 86.70M |
| Capital Expenditures | -25.40M | -9.40M | -32.80M | -16.40M | -12.40M | -12.40M | -40.70M | -25.70M | -20.80M | -14.30M | -63.80M | -21.10M |
| Investing Cash Flow | -4.85B | 3.49B | -7.07B | 807.70M | -3.62B | -10.29B | -2.21B | 3.49B | 950.50M | -4.79B | -4.86B | 10.08B |
| Dividends Paid | -146.90M | -148.50M | -149.60M | -151.90M | -144.00M | -146.10M | -147.60M | -149.20M | -151.90M | -153.60M | -154.20M | -155.40M |
| Share Repurchases | -350.60M | -358.90M | -369.90M | -277.00M | -339.40M | -287.20M | -253.60M | -301.40M | -250.80M | -132.00M | -146.20M | -1.10M |
| Debt Issued | — | — | — | — | — | — | — | — | — | — | 0 | 0 |
| Debt Repaid | -800.00M | -600.00M | — | — | 0 | 0 | — | — | — | — | 0 | — |
| Financing Cash Flow | 4.77B | -3.12B | 7.14B | -2.30B | 3.52B | 6.82B | 3.15B | -4.01B | -2.64B | 6.94B | 1.71B | -9.96B |
| Net Change in Cash | -79.10M | -57.10M | 526.90M | -1.08B | 2.05B | -308.50M | -2.19B | 304.70M | 1.26B | 517.20M | -164.20M | 58.00M |
| Free Cash Flow | -90.30M | -329.40M | 355.60M | 509.40M | 1.86B | 2.74B | -2.68B | 585.40M | 2.97B | -1.47B | 2.74B | 65.60M |
This table shows 12 quarterly periods of Northern's cash flow statement, from Q2 2026 back to Q3 2023, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow NTRS's reporting calendar. What is a cash flow statement?