Gulf Island Fabrication, Inc. (GIFI) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 |
|---|
| Cash from Operations | 2.86M | 2.54M | 2.22M | 2.31M | 5.65M | 3.28M | 7.02M | 7.37M | 2.02M | -3.49M | 1.3M | 9.9M | -4.95M | -2.52M | -11.35M | -13.59M | 141K | -11.73M | 358K | -11.73M |
| Operating CF Margin % | 5.54% | 6.76% | 5.51% | 6.16% | 15% | 7.94% | 16.37% | 16.54% | 40.23% | -8.87% | 2.08% | 25.96% | -12.5% | -7.03% | -39.57% | -52.63% | 0.72% | -48.32% | 1.51% | -51.55% |
| Operating CF Growth % | -49.42% | -22.54% | -68.39% | -68.72% | 179.37% | 193.95% | 441.59% | -25.58% | 140.83% | -38.23% | 111.42% | 172.88% | -3610.64% | 78.48% | -3270.67% | -15.81% | 104.01% | -211.39% | 5014.29% | -2603% |
| Net Income | 1.56M | -574K | 3.83M | 4.29M | 2.32M | 1.89M | 6.24M | 7.09M | -33.23M | 1.1M | 641K | 549K | 598K | 528K | -5.03M | -6.19M | 5.31M | -1.58M | -18.54M | -15.41M |
| Depreciation & Amortization | 1.23M | 1.19M | 1.26M | 1.22M | 1.21M | 1.24M | 1.19M | 1.35M | 1.39M | 1.39M | 1.33M | 1.33M | 1.24M | 1.27M | 1.25M | 1.1M | 1.07M | 1.27M | 1.94M | 2.17M |
| Stock-Based Compensation | 0 | 289K | 343K | 0 | 406K | 532K | 506K | 0 | 513K | 444K | 509K | 838K | 404K | 489K | 571K | 528K | 503K | 0 | 313K | 345K |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -9K | 0 | 0 | 0 |
| Other Non-Cash Items | 276K | 1.5M | 8K | 368K | 4.38M | -701K | -3.27M | 475K | -426K | -10.88M | -309K | 98K | -753K | 1.27M | -2.13M | 1.2M | -9.05M | 1.75M | 22.76M | 3.47M |
| Working Capital Changes | -207K | 130K | -3.21M | -3.58M | -2.67M | 318K | 2.35M | -1.55M | 33.78M | 4.46M | -878K | 7.08M | -6.44M | -6.09M | -6.02M | -10.23M | 2.32M | -13.17M | -6.12M | -2.31M |
| Change in Receivables | -11.8M | 2.8M | -4.38M | -1.78M | 6.33M | -3.86M | 7.27M | 952K | 2.99M | 6.31M | -15.24M | 6.55M | -6.2M | -5.66M | -5.59M | -10.27M | 5.51M | 3.72M | -6.63M | 9.04M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 206K | 0 | 0 | -69K |
| Change in Payables | 11.41M | -3.49M | 4M | 235K | -3.38M | 2.25M | -1.71M | -2.92M | -5.83M | 0 | 18.14M | -3.9M | 286K | 0 | 0 | 0 | -2.24M | -12.78M | 1.76M | -8.86M |
| Cash from Investing | -26.19M | 19.31M | -300K | 4.77M | 6.78M | -25.05M | -12.45M | 6.09M | -626K | -746K | -5.22M | -2.15M | -7.2M | 890K | -415K | -5.63M | -159K | 43.62M | -421K | 11.11M |
| Capital Expenditures | -197K | -309K | -307K | -464K | -1.31M | -1.01M | -2.55M | -1.18M | -645K | -569K | -487K | -2.05M | -558K | -34K | -440K | -403K | -159K | -461K | -460K | -1.02M |
| CapEx % of Revenue | 0.38% | 0.82% | 0.76% | 1.24% | 3.49% | 2.46% | 5.95% | 2.64% | 12.84% | 1.45% | 0.78% | 5.39% | 1.41% | 0.09% | 1.53% | 1.56% | 0.81% | 1.9% | 1.93% | 4.49% |
| Acquisitions | 0 | -3.5M | 0 | 0 | -9.61M | 0 | 0 | 60K | 0 | 0 | 0 | 0 | 1.97M | 0 | 0 | -7.57M | 0 | 4.4M | 0 | 13.33M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | -350K | -1.14M | 0 | 9.61M | 720K | 9.22M | 0 | 290K | -177K | 351K | 0 | 3.17M | 924K | 25K | 2.34M | 0 | 31.68M | 39K | -12.99M |
| Cash from Financing | -289K | -3.66M | -567K | -1.4M | -606K | -1.18M | -273K | -128K | -128K | -427K | -1.18M | -888K | -715K | -310K | -59K | 0 | -1.05M | -8K | -100K | -1K |
| Debt Issued (Net) | 0 | 0 | 0 | -1.07M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | -289K | -1000K | -567K | -325K | -606K | 0 | -273K | -128K | 0 | -301K | 0 | 0 | 0 | -62K | -59K | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -289K | -2.8M | -567K | -325K | -606K | 0 | -273K | -128K | 0 | -301K | 0 | 0 | 0 | -62K | -59K | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 0 | -860K | 0 | 0 | 0 | -1.18M | 0 | 0 | -128K | -126K | -1.18M | -888K | -715K | -248K | 0 | 0 | -1.05M | -8K | -100K | -1K |
| Net Change in Cash | -23.62M | 18.19M | 1.35M | 5.68M | 11.82M | -22.96M | -5.71M | 13.33M | 1.27M | -4.66M | -5.11M | 6.86M | -12.86M | -1.94M | -11.82M | -19.22M | -1.07M | 31.88M | -163K | -619K |
| Free Cash Flow | 2.66M | 2.23M | 1.91M | 1.84M | 4.33M | 2.27M | 4.47M | 6.19M | 1.38M | -4.06M | 809K | 7.85M | -5.51M | -2.56M | -11.79M | -13.99M | -18K | -12.19M | -102K | -12.75M |
| FCF Margin % | 5.16% | 5.94% | 4.75% | 4.92% | 11.51% | 5.49% | 10.41% | 13.9% | 27.39% | -10.32% | 1.3% | 20.58% | -13.91% | -7.12% | -41.1% | -54.2% | -0.09% | -50.22% | -0.43% | -56.04% |
| FCF Growth % | -38.62% | -1.55% | -57.19% | -70.28% | 214.83% | 155.82% | 452.04% | -21.08% | 124.98% | -58.64% | 106.86% | 156.1% | -30500% | 79.01% | -11459.8% | -9.7% | 99.7% | -29.84% | 95.18% | -470.81% |
| FCF per Share | 0.16 | 0.14 | 0.11 | 0.11 | 0.26 | 0.13 | 0.27 | 0.38 | 0.08 | -0.25 | 0.05 | 0.57 | -0.35 | -0.16 | -0.75 | -0.90 | -0.00 | -0.78 | -0.01 | -0.84 |
| FCF Conversion (FCF/Net Income) | 1.83x | -4.42x | 0.58x | 0.54x | 2.44x | 1.74x | 1.12x | 1.04x | -0.06x | -3.17x | 2.02x | 18.04x | -8.28x | -4.78x | 2.26x | 2.19x | 0.03x | 3.97x | -0.02x | 0.76x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 264K | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |