Koss Corporation (KOSS) Cash Flow Statement
Where KOSS’s cash came from and went, FY2026
June 30, 2026 · U.S. dollars- Cash from operations
- $439,207
- Capital expenditures
- $316,486 2.4% of revenue
- Free cash flow
- $122,721 0.9% margin
- Returned to shareholders
- —
- Change in cash
- $213,043 cash at year-end $3.0M
Cash from operations
$439,207
Capital expenditures
−$316,486
Investments (net)
+$130,290
Acquisitions & other
−$51,301
Net borrowing (repayment)
−$9,767
Other financing
+$21,100
Change in cash
$213,043
Drawn to scale: where the cash came from and how it was used. Hover for values.
KOSS operating cash flow, capex and free cash flow
Operating cash flowCapital expendituresFree cash flowFCF margin (right axis)
KOSS cash flow trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | $234,252FY2017 | $439,207FY2026 | +7.2%/yr | |
| Capital expenditures | $403,434FY2017 | $316,486FY2026 | −2.7%/yr | |
| Free cash flow | −$169,182FY2017 | $122,721FY2026 | — | |
| Free cash flow margin | −0.7%FY2017 | 0.9%FY2026 | +1.6 pts | |
| Operating cash flow / net income | 3.25FY2019 | 1.29FY2023 | −1.96 | |
| Stock-based compensation | $349,754FY2017 | $24,933FY2026 | −25.4%/yr | |
| Dividends paid | $0FY2017 | $0FY2018 | — | |
| Share buybacks (net) | $0FY2017 | $0FY2023 | — | |
| Capex / revenue | 1.7%FY2017 | 2.4%FY2026 | +0.8 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
KOSS cash flow by activity
OperatingInvestingFinancingChange in cash
KOSS net income vs operating cash flow
Net incomeOperating cash flow
Operating cash flow above net income usually means earnings are backed by cash (depreciation and stock-based pay are non-cash expenses).
KOSS cash flow statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||
| Net income | −$391,464 | −$874,831 | −$950,911 | $8.3M | $1.3M | $493,594 | −$465,597 | $434,114 | −$3.4M | −$963,636 |
| Depreciation & amortization | $305,726 | $237,210 | $192,272 | $230,292 | $293,465 | $302,616 | $330,629 | $429,750 | $526,261 | $503,585 |
| Stock-based compensation | $24,933 | $31,782 | $155,834 | $289,676 | $463,633 | $619,137 | $549,594 | $387,556 | $331,560 | $349,754 |
| Change in working capital | $657,623 | $687,703 | $889,660 | $2.2M | −$1.8M | −$500,565 | $1.7M | $371,518 | $889,824 | $543,788 |
| Other non-cash items | −$157,611 | −$296,772 | −$477,386 | −$339,470 | −$1.2M | −$566,042 | −$274,421 | −$211,873 | $2.7M | −$199,239 |
| Cash from operating activities | $439,207 | −$214,908 | −$190,531 | $10.7M | −$942,530 | $348,740 | $1.8M | $1.4M | $1.0M | $234,252 |
| Investing activities | ||||||||||
| Capital expenditures | −$316,486 | −$490,717 | −$461,760 | −$98,441 | −$108,158 | −$600,160 | −$424,159 | −$187,756 | −$250,618 | −$403,434 |
| Investments (net) | $130,290 | −$120,284 | −$198,425 | −$16.8M | $1.8M | −$704,206 | −$537,275 | −$310,993 | −$381,837 | −$537,362 |
| Acquisitions & other investing | −$51,301 | $490,717 | $461,760 | −$87,995 | $108,158 | $600,160 | $424,159 | $187,756 | $250,618 | $403,434 |
| Cash from investing activities | −$237,497 | −$120,284 | −$198,425 | −$17.0M | $1.8M | −$704,206 | −$537,275 | −$310,993 | −$381,837 | −$537,362 |
| Financing activities | ||||||||||
| Dividends paid | — | — | — | — | — | — | — | — | $0 | $0 |
| Share repurchases & issuance (net) | — | — | — | $171,350 | — | $3.3M | — | $46,677 | $0 | $0 |
| Net borrowing (repayment) | −$9,767 | $0 | — | — | — | — | $506,700 | $506,700 | $506,700 | $506,700 |
| Shares issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other financing | $21,100 | $305,908 | $134,975 | $0 | $1.4M | $0 | $0 | −$506,700 | −$460,023 | −$460,023 |
| Cash from financing activities | $11,333 | $305,908 | $134,975 | $171,350 | $1.4M | $3.3M | $506,700 | $46,677 | $46,677 | $46,677 |
| Summary | ||||||||||
| Net change in cash | $213,043 | −$29,284 | −$253,981 | −$6.1M | $2.3M | $3.0M | $1.8M | $1.1M | $649,250 | −$303,110 |
| Cash at end of period | $3.0M | $2.8M | $2.8M | $3.1M | $9.2M | $7.0M | $4.0M | $2.2M | $1.1M | $432,283 |
| Free cash flow | $122,721 | −$705,625 | −$652,291 | $10.6M | −$1.1M | −$251,419 | $1.4M | $1.2M | $780,469 | −$169,182 |
| Free cash flow margin | 0.9% | −5.6% | −5.3% | 81.2% | −5.9% | −1.3% | 7.5% | 5.6% | 3.3% | −0.7% |
| Capex / revenue | 2.4% | 3.9% | 3.8% | 0.8% | 0.6% | 3.1% | 2.3% | 0.9% | 1.1% | 1.7% |
| Operating cash flow / net income | — | — | — | 1.29 | −0.74 | 0.71 | — | 3.25 | — | — |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||
| Net income | $476,801 | −$546,587 | −$565,407 | $243,729 | −$232,696 | −$316,742 | $94,142 | −$419,535 | −$110,369 | −$313,780 | −$269,153 | −$257,609 |
| Depreciation & amortization | $85,229 | $73,371 | $77,056 | $70,070 | $64,854 | $58,498 | $60,725 | $53,133 | $50,226 | $48,399 | $48,033 | $45,614 |
| Stock-based compensation | $22,226 | $1,233 | $0 | $1,474 | $6,093 | $6,025 | $5,400 | $14,264 | $35,897 | $35,897 | $37,248 | $46,792 |
| Change in working capital | $474,267 | −$87,806 | −$541,460 | $541,460 | −$288,449 | $650,845 | −$270,206 | $595,513 | −$27,655 | $589,220 | $544,654 | −$216,559 |
| Other non-cash items | −$38,494 | −$22,856 | $269,017 | −$94,116 | −$84,699 | −$28,218 | −$142,034 | −$41,821 | −$122,072 | −$31,109 | $7,280 | −$331,485 |
| Cash from operating activities | $1.0M | −$582,645 | −$760,794 | $762,617 | −$534,897 | $370,408 | −$251,973 | $201,554 | −$173,973 | $328,627 | $368,062 | −$713,247 |
| Investing activities | ||||||||||||
| Capital expenditures | −$1 | −$3,665 | −$311,721 | −$1,100 | −$6,950 | −$64,214 | −$62,360 | −$357,193 | −$800 | −$59,366 | −$88,876 | −$312,718 |
| Investments (net) | $101,859 | $25,401 | $1.0M | −$1.1M | $254,339 | $28,757 | −$10,607 | −$392,773 | −$800 | $59,798 | $136,113 | −$393,536 |
| Acquisitions & other investing | $0 | $1 | $0 | $1,100 | $6,950 | $64,214 | $62,360 | $357,193 | $800 | $59,366 | $88,876 | $312,718 |
| Cash from investing activities | $101,858 | $21,737 | $691,038 | −$1.1M | $254,339 | $28,757 | −$10,607 | −$392,773 | −$800 | $59,798 | $136,113 | −$393,536 |
| Financing activities | ||||||||||||
| Net borrowing (repayment) | −$2,513 | −$2,465 | −$2,418 | −$2,371 | — | $0 | $0 | — | — | — | — | — |
| Shares issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other financing | $0 | $1 | $21,099 | $0 | $153,463 | $0 | $47,575 | $104,870 | $99,175 | $0 | $35,800 | $0 |
| Cash from financing activities | −$2,513 | −$2,464 | $18,681 | −$2,371 | $153,463 | $0 | $47,575 | $104,870 | $99,175 | $0 | $35,800 | $0 |
| Summary | ||||||||||||
| Net change in cash | $1.1M | −$563,372 | −$51,075 | −$291,884 | −$127,095 | $399,165 | −$215,005 | −$86,349 | −$75,598 | $388,425 | $539,975 | −$1.1M |
| Cash at end of period | $3.0M | $1.9M | $2.5M | $2.5M | $2.8M | $2.9M | $2.5M | $2.8M | $2.8M | $2.9M | $2.5M | $2.0M |
| Free cash flow | $1.0M | −$586,310 | −$1.1M | $761,517 | −$541,847 | $306,194 | −$314,333 | −$155,639 | −$174,773 | $269,261 | $279,186 | −$1.0M |
| Free cash flow margin | 31.3% | −20.8% | −37.5% | 18.7% | −17.6% | 11.0% | −8.8% | −4.9% | −6.0% | 10.2% | 8.3% | −30.4% |
| Capex / revenue | 0.0% | 0.1% | 10.9% | 0.0% | 0.2% | 2.3% | 1.8% | 11.2% | 0.0% | 2.3% | 2.6% | 9.3% |
| Operating cash flow / net income | 2.14 | — | — | 3.13 | — | — | −2.68 | — | — | — | — | — |
Negative numbers are cash paid out. Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported; data from EODHD.
KOSS cash generation
In fiscal 2026 (ended June 30, 2026), Koss generated $0.4 million of cash from operations and spent $0.3 million on capital expenditures, leaving free cash flow of $0.1 million, 0.9% of revenue. Cash and equivalents rose by $0.2 million over the year.
Related: KOSS income statement, KOSS balance sheet. See the KOSS stock overview for the latest quote and news.
KOSS cash flow FAQ
What is Koss's free cash flow?
Koss's free cash flow was $0.1 million in fiscal 2026: $0.4 million of operating cash flow minus $0.3 million of capital expenditures It was -$0.7 million a year earlier..
How much cash does Koss generate from operations?
Koss generated $0.4 million of cash from operating activities in fiscal 2026.
How much does Koss spend on capital expenditures?
Koss spent $0.3 million on capital expenditures in fiscal 2026, 2.4% of revenue, compared with $0.5 million the year before.