CECO ENVIRONMENTAL CORP. (CECO) FY2026 Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-04-01 to 2026-06-30

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CECO ENVIRONMENTAL CORP. cash flow reconciliation, Apr 1, 2026 through Jun 30, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Borrowings on revolving credit lines → financing reconciliation: $327,000,000.00Borrowings on long-term debt → financing reconciliation: $235,000,000.00Equity awards surrendered by employees for tax liability, net of proceeds from employee stock purchase plan and exercise of stock options → financing reconciliation: $200,000.00financing reconciliation → Net cash from financing activities: $474,410,000.00financing reconciliation → Repayments on revolving credit lines: $81,800,000.00financing reconciliation → Deferred financing fees paid: $5,508,000.00financing reconciliation → Repayments of long-term debt: $482,000.00investing reconciliation → Cash paid for acquisitions, net of cash acquired: $430,255,000.00investing reconciliation → Acquisitions of property and equipment: $4,897,000.00Net cash used in operating activities → operating reconciliation: $19,326,000.00Billings in excess of costs and estimated earnings on uncompleted contracts → operating reconciliation: $131,699,000.00Accounts payable → operating reconciliation: $21,349,000.00Share-based compensation expense → operating reconciliation: $12,408,000.00Depreciation and amortization → operating reconciliation: $12,016,000.00Inventory fair value adjustment → operating reconciliation: $9,515,000.00Unrealized foreign currency loss (gain) → operating reconciliation: $2,910,000.00Deferred income tax benefit → operating reconciliation: $2,043,000.00Intangible asset impairment → operating reconciliation: $1,927,000.00Other liabilities → operating reconciliation: $1,000,000.00Inventory reserve expense → operating reconciliation: $414,000.00Debt discount amortization → operating reconciliation: $277,000.00(Gain) loss on sale of property and equipment → operating reconciliation: $245,000.00operating reconciliation → Net (loss) income: $34,488,000.00operating reconciliation → Accounts receivable: $77,074,000.00operating reconciliation → Prepaid expense and other current assets: $43,676,000.00operating reconciliation → Accrued expenses: $36,023,000.00operating reconciliation → Costs and estimated earnings in excess of billings on uncompleted contracts: $8,110,000.00operating reconciliation → Income taxes payable: $8,063,000.00operating reconciliation → Deferred charges and other assets: $4,689,000.00operating reconciliation → Inventories: $2,984,000.00operating reconciliation → (Recovery) allowance for credit loss: $22,000.00Net cash used in investing activities → investing reconciliation: $435,152,000.00Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations → Cash sources and uses: $45,507,000.00Net cash from financing activities → Cash sources and uses: $474,410,000.00Cash sources and uses → Exchange-rate effect: $1,589,000.00Cash sources and uses → Difference in the filed cash totals (calculated): $1,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $63,849,000.00Cash sources and uses → Net cash used in investing activities: $435,152,000.00Cash sources and uses → Net cash used in operating activities: $19,326,000.00Net (loss) income: -$34,488,000.00Net (loss) income−$34.49 MDepreciation and amortization: $12,016,000.00Depreciation & amortization+$12.02 MUnrealized foreign currency loss (gain): $2,910,000.00Unrealized FX gain & loss+$2.91 MInventory fair value adjustment: $9,515,000.00Inventory fair value adjustment+$9.52 MIntangible asset impairment: $1,927,000.00Goodwill & intangible impairment+$1.93 MGain on sale of Global Pump Solutions business: $0.00Fair value adjustment to earnout liabilities: $0.00(Gain) loss on sale of property and equipment: $245,000.00PP&E disposal gain & loss+$245.00 K(Recovery) allowance for credit loss: -$22,000.00Credit loss allowance, net−$22.00 KDebt discount amortization: $277,000.00Discount & premium amortization+$277.00 KShare-based compensation expense: $12,408,000.00Stock-based compensation+$12.41 MInventories: -$2,984,000.00Inventories−$2.98 MAccounts receivable: -$77,074,000.00Accounts receivable−$77.07 MCosts and estimated earnings in excess of billings on uncompleted contracts: -$8,110,000.00Costs & earnings over billings−$8.11 MPrepaid expense and other current assets: -$43,676,000.00Prepaid & other assets−$43.68 MAccrued expenses: -$36,023,000.00Accrued & other liabilities−$36.02 MDeferred charges and other assets: -$4,689,000.00Deferred charges & other assets−$4.69 MAccounts payable: $21,349,000.00Payables & accrued liabilities+$21.35 MBillings in excess of costs and estimated earnings on uncompleted contracts: $131,699,000.00Billings over costs & earnings+$131.70 MIncome taxes payable: -$8,063,000.00Income taxes payable−$8.06 MDeferred income tax benefit: $2,043,000.00Deferred income taxes+$2.04 MOther liabilities: $1,000,000.00Other operating liabilities+$1.00 MInventory reserve expense: $414,000.00Inventory reserve expense+$414.00 KNet cash used in operating activities: -$19,326,000.00. Cash required to fund net payments.Operating cash−$19.33 Moperating reconciliation: $215,129,000.00Borrowings on revolving credit lines: $327,000,000.00Revolving credit borrowings+$327.00 MRepayments on revolving credit lines: -$81,800,000.00Credit lines, net−$81.80 MBorrowings on long-term debt: $235,000,000.00Long-term debt issued+$235.00 MRepayments of long-term debt: -$482,000.00Long-term debt repaid−$482.00 KDeferred financing fees paid: -$5,508,000.00Financing costs paid−$5.51 MPayments on finance leases and financing liability: $0.00Deferred consideration paid for acquisitions: $0.00Equity awards surrendered by employees for tax liability, net of proceeds from employee stock purchase plan and exercise of stock options: $200,000.00Equity award taxes, net+$200.00 KNoncontrolling interest distributions: $0.00Net cash from financing activities: $474,410,000.00Financing cash+$474.41 Mfinancing reconciliation: $562,200,000.00Acquisitions of property and equipment: -$4,897,000.00PP&E purchases−$4.90 MNet cash proceeds for sale of Global Pump Solutions business: $0.00Cash paid for acquisitions, net of cash acquired: -$430,255,000.00Investments, net−$430.26 MNet cash used in investing activities: -$435,152,000.00. Cash required to fund net payments.Investing cash−$435.15 Minvesting reconciliation: $435,152,000.00Cash sources and uses: $519,917,000.00Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $45,507,000.00Beginning cash$45.51 MEnding cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $63,849,000.00Ending cash$63.85 MExchange-rate effect: -$1,589,000.00FX effect−$1.59 MDifference in the filed cash totals (calculated): -$1,000.00Filer's cash difference(calculated)−$1.00 KCASH RECONCILIATIONFinancingflowsInvestingflowsOperatingflowsNet loss −$34.49M + net operating adjustments $15.16M = operating cash −$19.33MFree cash flow−$24.22 MOperating cash − cash spent on PP&ECash flow / Net incomeNot meaningfulOperating cash flow ÷ net incomeNet cash change+$18.34 MEnding cash − beginning cash
Chart details

CECO ENVIRONMENTAL CORP. cash flow reconciliation, Apr 1, 2026 through Jun 30, 2026

Cash flows for Apr 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations. Beginning cash: Mar 31, 2026. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Mar 31, 2026
45,507,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
Operating activities
negative 19,326,000 US dollars. Net cash used.
Net (loss) income
negative 34,488,000 US dollars
Depreciation and amortization
12,016,000 US dollars
Unrealized foreign currency loss (gain)
2,910,000 US dollars
Inventory fair value adjustment
9,515,000 US dollars
Intangible asset impairment
1,927,000 US dollars
Gain on sale of Global Pump Solutions business
0 US dollars
Fair value adjustment to earnout liabilities
0 US dollars
(Gain) loss on sale of property and equipment
245,000 US dollars
(Recovery) allowance for credit loss
negative 22,000 US dollars
Debt discount amortization
277,000 US dollars
Share-based compensation expense
12,408,000 US dollars
Inventories
negative 2,984,000 US dollars
Accounts receivable
negative 77,074,000 US dollars
Costs and estimated earnings in excess of billings on uncompleted contracts
negative 8,110,000 US dollars
Prepaid expense and other current assets
negative 43,676,000 US dollars
Accrued expenses
negative 36,023,000 US dollars
Deferred charges and other assets
negative 4,689,000 US dollars
Accounts payable
21,349,000 US dollars
Billings in excess of costs and estimated earnings on uncompleted contracts
131,699,000 US dollars
Income taxes payable
negative 8,063,000 US dollars
Deferred income tax benefit
2,043,000 US dollars
Other liabilities
1,000,000 US dollars
Inventory reserve expense
414,000 US dollars
Investing activities
negative 435,152,000 US dollars. Net cash used.
Acquisitions of property and equipment
negative 4,897,000 US dollars
Net cash proceeds for sale of Global Pump Solutions business
0 US dollars
Cash paid for acquisitions, net of cash acquired
negative 430,255,000 US dollars
Financing activities
474,410,000 US dollars. Net cash provided.
Borrowings on revolving credit lines
327,000,000 US dollars
Repayments on revolving credit lines
negative 81,800,000 US dollars
Borrowings on long-term debt
235,000,000 US dollars
Repayments of long-term debt
negative 482,000 US dollars
Deferred financing fees paid
negative 5,508,000 US dollars
Payments on finance leases and financing liability
0 US dollars
Deferred consideration paid for acquisitions
0 US dollars
Equity awards surrendered by employees for tax liability, net of proceeds from employee stock purchase plan and exercise of stock options
200,000 US dollars
Noncontrolling interest distributions
0 US dollars
Operating adjustment reconciliation
215,129,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
562,200,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
435,152,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
negative 1,589,000 US dollars
Difference in the filed cash totals (calculated)
negative 1,000 US dollars. Out of cash; drawn as the small gray flow above ending cash.
Ending cash on Jun 30, 2026
63,849,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
Cash sources and uses
519,917,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
18,342,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
Not meaningful. Operating cash flow divided by reconciliation net income for the same period. The ratio is not meaningful when net income is zero or negative.
Operating cash flow
negative 19,326,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
4,897,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
negative 24,223,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net loss −$34.49M + net operating adjustments $15.16M = operating cash −$19.33M. The loss reduces the earnings basis of the reconciliation; it is not a cash payment. The signed loss remains a deduction at the operating reconciliation junction.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Cash-flow net income is −$34,488.00 K, derived by subtracting the earlier cumulative period; the income statement reports −$34,489.00 K for the same period. The $1.00 K difference is rounding: the filing reports each amount rounded to the nearest thousand dollars, and the quarter is the difference of two rounded year-to-date amounts. Neither amount has been adjusted.
  • The filer's reported cash figures differ by $1.00 K: its operating, investing and financing totals and exchange-rate effect do not add up to its reported net change in cash. The chart shows the difference as its own calculated flow; no reported amount has been adjusted.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: negative 19,326,000 US dollars minus 4,897,000 US dollars equals negative 24,223,000 US dollars.
  • Cash-flow net income is −$34,488.00 K, derived by subtracting the earlier cumulative period; the income statement reports −$34,489.00 K for the same period. The $1.00 K difference is rounding: the filing reports each amount rounded to the nearest thousand dollars, and the quarter is the difference of two rounded year-to-date amounts. Neither amount has been adjusted.
  • The filer's reported cash figures differ by $1.00 K: its operating, investing and financing totals and exchange-rate effect do not add up to its reported net change in cash. The chart shows the difference as its own calculated flow; no reported amount has been adjusted.
CECO ENVIRONMENTAL CORP. (CECO) FY2026 Q2 Statement of Cash Flows Sankey chart
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