Barrett Business Services (BBSI) Cash Flow: Operating & Free Cash Flow

Barrett Business Services (BBSI) Cash Flow Statement

In fiscal 2025 (fiscal year ended Dec 31, 2025), Barrett Business Services generated $65.95M of operating cash flow and spent $18.78M on capital expenditures. That left free cash flow of $47.18M, or 3.8% of revenue. It returned $50.14M to shareholders through $8.18M in dividends and $41.96M in share buybacks.

Barrett Business Services Cash Flow Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

Scale:

Scroll to see more

Cash flow statement showing operating, investing, and financing activities for Barrett Business Services, Inc. (BBSI) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Operating Activities
Net Income	54.45	52.99	50.61	47.27	38.08	33.77	48.29	38.06	25.17
Depreciation & Amortization	8.26	7.60	7.11	6.23	5.33	3.44	3.89	4.22	5.45
Deferred Income Tax	1.49	-0.85	4.63	-2.17	-0.35	5.49	2.66	-1.19	4.04
Stock Based Compensation	10.36	8.84	8.47	7.39	5.37	3.44	7.17	5.50	4.18
Change in Working Capital	-15.93	-64.81	-12.28	-39.89	-73.48	-83.86	7.02	22.97	74.07
Change in Accounts Receivable	-14.09	-63.13	-7.57	-8.13	-37.20	45.06	-11.96	-14.93	-10.18
Change in Inventory	0.00	0.00	0.00	0.00	47.96	0.00	0.00	-11.38	23.33
Change in Accounts Payable	-2.53	0.19	-1.67	28.56	-0.26	-1.25	1.66	-0.83	0.22
Change in Other Working Capital	6.85	-46.06	-3.04	6.96	-101.66	-122.52	17.33	50.11	60.70
Other Operating Activities	6.85	5.46	8.69	6.96	9.25	12.74	8.11	0.23	-0.05
Net Cash from Operating Activities	65.96	10.09	67.22	27.78	-15.46	-27.92	77.14	69.78	112.86
Investing Activities
Capital Expenditures	-18.78	-14.16	-11.83	-15.97	-6.80	-8.61	-10.80	-5.68	-3.69
Acquisitions	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.49	0.00
Purchases of Investments	-7.67	-37.87	-4.39	-4.35	-308.62	-17.82	-54.34	-1.95	-6.28
Sales/Maturities of Investments	15.98	90.81	10.35	18.73	202.55	47.92	88.77	1.89	10.72
Other Investing Activities	0.00	37.52	-49.33	58.40	-126.48	30.57	42.68	-34.09	-95.53
Net Cash from Investing Activities	30.76	38.79	-55.19	61.15	-112.86	4.14	66.31	-39.34	-94.79
Financing Activities
Debt Repayment	-4.51	-0.42	0.00	-3.51	-0.22	-0.22	-0.22	-0.22	-0.22
Common Stock Issued	3.20	0.93	0.00	0.71	1.16	3.08	0.00	0.58	0.00
Common Stock Repurchased	-41.96	-33.97	-34.19	-47.17	-18.75	-9.47	0.00	-2.95	-1.67
Dividends Paid	-8.18	-8.09	-8.09	-8.52	-9.07	-9.12	-8.21	-7.35	-7.28
Other Financing Activities	0.00	-3.91	-2.29	-0.98	-0.31	1.67	-2.38	0.58	0.16
Net Cash from Financing Activities	-52.97	-41.13	-44.57	-60.18	-26.89	-15.73	-10.81	-9.94	-9.01
Summary
Net Change in Cash	43.75	7.75	-32.54	28.75	-155.21	-39.50	132.64	20.50	9.07
Cash at Beginning of Period	82.59	74.84	107.38	78.63	233.84	273.34	140.70	120.21	50.77
Cash at End of Period	126.33	82.59	74.84	107.38	78.63	233.84	273.34	140.70	59.84
Free Cash Flow	47.18	-4.07	55.40	11.81	-22.26	-36.53	66.34	64.11	109.17
Supplemental Disclosures
Interest Paid	-	0.18	0.17	0.14	0.37	1.24	-	-	-
Income Taxes Paid	-	14.90	22.20	21.00	4.70	8.50	-	-	-

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Barrett Business Services Cash Flow

What is Barrett Business Services's free cash flow?

Barrett Business Services generated free cash flow of $47.18M in fiscal 2025 (fiscal year ended Dec 31, 2025), operating cash flow of $65.95M minus $18.78M of capital expenditures. Free cash flow equaled 3.8% of revenue.

How much does Barrett Business Services spend on capital expenditures?

Barrett Business Services spent $18.78M on capital expenditures in fiscal 2025, compared with $14.16M a year earlier. That equals 28.5% of operating cash flow.

Does Barrett Business Services pay dividends or buy back shares?

Yes. In fiscal 2025 Barrett Business Services returned $8.18M in dividends and $41.96M in share buybacks to shareholders, according to its cash flow statement.

What is free cash flow?

Free cash flow is operating cash flow minus capital expenditures. It is the cash a company has left for dividends, buybacks, debt repayment or acquisitions after funding its operations and investment. Full definition