Needham Small Cap Growth Fund

NESIXNASDAQFinancial Services● Active

$39.29

+$0.61(+1.58%)

Market Cap$209656941

P/E Ratio—

52W High$39.93

52W Low$17.88

Avg Volume0

Open$39.29

Beta1.98

Free Cash Flow Financials Revenue

Needham Small Cap Growth Fund (NESIX) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

NESIX · free cash flow · updated Jun 13, 2026

Core FCF metrics

NESIX · FCF · TTM · margin & CAGR

Free cash flow was $26.0M for FY2022 (fiscal year ending 2022-11-30), up 159.4% year-over-year The FCF margin was 371.9%. Five-year CAGR stands at -14.0%.

FY2022 Free Cash Flow$26.0M▲ +159.4% YoY

Trailing 12M (TTM)$17.3Mtrailing 4 quarters sum

FCF Margin371.9%$26.0M ÷ revenue

3-Year CAGR-22.0%FY2019 → FY2022

5-Year CAGR-14.0%FY2017 → FY2022

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 13, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

NESIX · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2022Latest$26.0M(0M)$26.0M▲ +159.4%371.9%

FY2021$10.0M(0M)$10.0M▼ 91.7%173.8%

FY2020$120.7M(0M)$120.7M▲ +120.1%—

FY2019$54.9M(0M)$54.9M▲ +42.7%400.6%

FY2018$38.5M(0M)$38.5M▼ 30.7%353.8%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

NESIX · P/FCF · FCF yield · FCF per share

Needham Small Cap Growth Fund (NESIX) trades at a FCF yield of 12.42% and a price-to-free-cash-flow ratio of N/A. FCF per share stands at N/A, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

12.42%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

x10.6

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2022 · 2022-11-30

Cash flow statement summary

NESIX · cash flow statement · operating / investing / financing

For FY2022, Needham Small Cap Growth Fund generated $26.0M in operating cash flow and spent 0M in capital expenditures, yielding $26.0M in free cash flow.

Operating Activities

+$26.0M

Cash from core business operations

2022-11-30

Investing Activities

+$0.0M

CapEx, acquisitions & investments

2022-11-30

Financing Activities

−$19.6M

Buybacks, dividends & debt

2022-11-30

FCF FormulaOperating CF ($26.0M) − |CapEx| (0M) = FCF ($26.0M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

NESIX vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Needham Small Cap Growth FundYOU

NESIX

$26.0M+159.4%371.9%

Berkshire Hathaway Inc.

BRK-B

$25.04B+115.6%6.7%

25%

Berkshire Hathaway Inc.

Mastercard Incorporated

$16.91B+18.2%51.6%

17%

Financial Services · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Needham Small Cap Growth Fund (NESIX) reported free cash flow of $26.0M for FY2022 (fiscal year ending 2022-11-30), up 159.4% year-over-year. The FCF margin was 371.9%.

Based on available data, Needham Small Cap Growth Fund has maintained positive free cash flow for at least 9 fiscal year(s). FCF peaked at $120.7M in FY2020. The 5-year CAGR stands at -14.0%.

Needham Small Cap Growth Fund's FCF yield is 12.42% and price-to-FCF ratio is N/A for FY2022, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

NESIX free cash flow · 8 questions

Needham Small Cap Growth Fund free cash flow was $26.0M for FY2022, up 159.4% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $17.3M.

NESIX free cash flowNESIX FCFNESIX FCF 2022NESIX free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Needham Small Cap Growth Fund · Needham Small Cap Growth Fund SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 13, 2026