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Nova Ltd. (NVMI) reported a net income of $259.2 million for fiscal year 2025, as per the cash flow statement. The company generated $245.6 million in net cash from operating activities, a strong operational cash flow. However, investing activities used $837.2 million, primarily driven by a $754.8 million investment in marketable securities and a $56.4 million acquisition of a subsidiary. Financing activities provided $642.2 million, mainly from the issuance of $750.0 million in convertible senior notes, partially offset by share repurchases of $35.0 million. The company ended the year with $111.7 million in cash, cash equivalents, and restricted cash, representing a decrease of $57.0 million from the prior year. Key non-cash items included $26.3 million in stock-based compensation expense and $13.5 million in depreciation. The company paid $41.5 million in income taxes during the year.
Net Income
$259.2M
free cash flow
$245.6M