What is a cash flow waterfall?

A cash flow waterfall is a bar chart that walks from operating cash flow through capital expenditure to free cash flow, then shows how the remaining cash is allocated — acquisitions, buybacks, dividends, debt, and other financing — ending at the net change in cash. Each step is colour-coded: green bars add to the running total, red bars subtract.

How does Syntec Optics Holdings (OPTX) spend its free cash flow?

For TTM through Q1 2026, Syntec Optics Holdings generated $843K of operating cash flow and -$1.34M of free cash flow — a free cash flow margin of -159.5% of operating cash flow. The waterfall breaks down how the remaining cash was allocated across investing and financing activities.

How much did Syntec Optics Holdings (OPTX) return via buybacks and dividends?

The waterfall shows buybacks (share repurchases) and dividends paid as separate steps in the financing section. Together these represent Syntec Optics Holdings's shareholder returns for TTM through Q1 2026. You can compare these against free cash flow to assess the capital-return payout ratio.

Syntec Optics Holdings (OPTX) Cash Flow Waterfall

Operating CF

$843K

Capex

-$2.19M

Free Cash Flow

-$1.34M

FCF Margin

-159.5%

Cash flow waterfall for Syntec Optics Holdings (OPTX) — TTM through Q1 2026

Free cash flow: -$1.34M

Note: Other Investing is large — driven mainly by purchases or sales of investments.

Cash flow breakdown for Syntec Optics Holdings (OPTX) — TTM through Q1 2026

Line item	Amount	Running total
Operating Cash Flow	$843K	$843K
Capital Expenditure	-$2.19M	-$1.34M
Free Cash Flow	-$1.34M	-$1.34M
Other Investing	$1.46M	$119K
Net Debt Change	$164K	$283K
Other Financing & FX	-$207K	$76.1K
Net Cash Increase	$76.1K	$76.1K

Operating Cash Flow$843K
Capital Expenditure-$2.19M
Free Cash Flow-$1.34M
Other Investing$1.46M
Net Debt Change$164K
Other Financing & FX-$207K
Net Cash Increase$76.1K

Want to see what drove the FCF change?Free Cash Flow Bridge

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