Clarus cash flow, quarter by quarter

In Q3 2026, Clarus generated −$6.2M of operating cash flow and spent $1.2M on capital projects, leaving free cash flow of −$7.4M. That is $443K less than in Q3 2025 (−$7.0M).

Over the twelve months to Sep 30, 2026, operating cash flow was $3.9M; the largest uses were capital spending ($4.7M), dividends ($3.8M), other financing ($2.0M); besides operations, cash came from asset & business sales ($81K); the cash balance fell by $6.8M.

Operating cash flow was −$6.2M against net income of $3.3M — -1.9× profit, less cash than reported earnings, worth checking against working capital. The largest differences: receivables −$16.6M, depreciation & amortization +$2.8M, inventory −$1.8M.

Its cash conversion cycle was 228 days (receivables 66 + inventory 204 − payables 42).

Clarus is burning cash: its operations consume cash, a free cash flow of −$29.6M a year at the current rate against $20.8M of cash and investments: a runway of about 8 months; $2.0M of debt also comes due within a year, which would need refinancing or new money before any new financing.