Solaris Energy Infrastructure, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $30.2M | $15.8M | $24.3M | $21.2M | $-868.0K | $-29.3M | $52.0M | $42.4M |
| Depreciation & Amortization | $84.3M | $47.2M | $36.2M | $30.4M | $27.2M | $27.0M | $26.9M | $18.4M |
| Depreciation | $37.7M | $40.5M | $35.5M | $29.7M | $26.4M | — | $26.1M | $17.6M |
| Amortization | $12.2M | $3.2M | $700.0K | $774.0K | $779.0K | $779.0K | $779.0K | $801.0K |
| Stock-Based Compensation | $23.4M | $10.6M | $7.7M | $6.1M | $5.2M | $4.7M | $4.5M | $3.9M |
| Net Cash from Operating Activities | $209.1M | $59.4M | $89.4M | $68.0M | $16.5M | $43.9M | $114.9M | $116.4M |
| Investing Activities | ||||||||
| Capital Expenditures | $646.8M | $188.4M | $64.4M | $81.4M | $19.6M | $4.7M | $34.9M | $161.1M |
| Business Acquisitions | $29.2M | $122.1M | $0 | — | — | — | — | — |
| Net Cash from Investing Activities | $-686.4M | $-305.0M | $-62.0M | $-79.5M | $-19.5M | $-3.8M | $-34.0M | $-160.5M |
| Financing Activities | ||||||||
| Dividends Paid | $21.8M | $14.6M | $14.1M | $13.8M | $13.4M | $12.4M | $12.8M | $2.8M |
| Stock Repurchases | $0 | $8.1M | $26.4M | — | — | $26.7M | $3.2M | — |
| Net Cash from Financing Activities | $670.7M | $399.7M | $-30.4M | $-16.1M | $-20.8M | $-46.6M | $-39.0M | $5.8M |
| Net Change in Cash | $193.5M | $154.0M | $-3.0M | $-27.7M | $-23.9M | $-6.5M | $41.8M | $-38.4M |
| Free Cash Flow | $-437.7M | $-129.1M | $25.0M | $-13.4M | $-3.2M | $39.2M | $80.0M | $-44.7M |