For the quarter ending 2025-09-30, GTLS had $56.8M increase in cash & cash equivalents over the period. $94.7M in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Net (loss) income from continuing operations | -135.4 | 79.9 | 54.3 | 156.4 |
| Depreciation and amortization | 71.4 | 71.1 | 66.2 | 138 |
| Deferred income tax benefit | - | - | - | -26.1 |
| Bridge loan facility fees | - | - | - | 0 |
| Employee share-based compensation expense | 4.9 | 4.3 | 6.2 | 8.8 |
| Financing costs amortization | 4.7 | 4.9 | 4.8 | 9.7 |
| Unrealized foreign currency transaction loss (gain) | -7.1 | -20.2 | - | - |
| Unrealized loss (gain) on investments in equity securities | -0.3 | - | - | - |
| Loss on sale of business | 0 | 7.8 | - | - |
| Other non-cash operating activities | -4 | -1.8 | 0.6 | 9.2 |
| Accounts receivable | -41.1 | 14.1 | -23.3 | 14.7 |
| Inventories | 16.2 | -16.3 | 8.9 | -49.9 |
| Unbilled contract revenue | 50.9 | 112.5 | 89 | 81.5 |
| Prepaid expenses and other current assets | -8.4 | -1.7 | 16.6 | -47.4 |
| Accounts payable and other current liabilities | -23 | 49.2 | -62.9 | 147.7 |
| Customer advances and billings in excess of contract revenue | 2.5 | -0.2 | -41.9 | -10 |
| Termination fee paid by baker hughes | 258 | - | - | - |
| Long-term assets and liabilities | 60.9 | -39 | -5.1 | -63.5 |
| Net cash provided by continuing operating activities | 118 | 147.9 | -60 | 482.2 |
| Net cash used in discontinued operating activities | 0 | -2 | 0 | -0.2 |
| Cash received from settlement of cross-currency swap agreement | - | - | - | 0 |
| Net cash provided by operating activities | 118 | 145.9 | -60 | 482 |
| Capital expenditures | 23.3 | 23.9 | 20.1 | 46.6 |
| Proceeds from sale of business | 0 | - | - | 0 |
| Investments | 0 | 0 | 1.4 | 0 |
| Acquisition of business, net of cash acquired | - | - | - | 0 |
| Other investing activities | 2.5 | 0 | -0.4 | -0.9 |
| Net cash used in continuing investing activities | -25.8 | -45 | - | -45.7 |
| Net cash used in discontinued investing activities | 0 | 0 | - | 0 |
| Net cash used in investing activities | -25.8 | -23.9 | -21.1 | -45.7 |
| Borrowings on credit facilities | 791.2 | 738.9 | 746.2 | 2,250.3 |
| Repayments on credit facilities | 743.8 | 810.9 | 666.6 | 2,290.9 |
| Borrowings on senior secured and senior unsecured notes | - | - | - | -1,334.3 |
| Repayments on term loan | 75 | - | - | 50 |
| Borrowings on term loan | - | - | - | 0 |
| Payments for debt issuance costs | 0.1 | - | - | 4.9 |
| Proceeds from issuance of preferred stock, net | - | - | - | 0 |
| Common stock repurchases from share-based compensation plans | 0.6 | 0.3 | 0.8 | - |
| Proceeds from issuance of common stock, net | - | - | - | 0 |
| Dividend distribution to noncontrolling interests | 0 | 6.2 | - | 0 |
| Repayment of convertible notes | - | - | - | 258.7 |
| Dividends paid on mandatory convertible preferred stock | 6.8 | 6.8 | 6.8 | 13.6 |
| Other financing activities | -1.1 | 1.9 | -3.2 | -5.5 |
| Net cash (used in) provided by financing activities | -36.2 | -83.4 | 65.7 | -370.6 |
| Effect of exchange rate changes on cash and cash equivalents | 0.8 | 7.4 | 2.9 | -5.8 |
| Net increase in cash, cash equivalents, restricted cash and restricted cash equivalents | 56.8 | 46 | -12.5 | -2 |
| Cash and cash equivalents at beginning of period | 310.5 | - | - | - |
| Cash and cash equivalents at end of period | 400.8 | - | - | - |
CHART INDUSTRIES INC (GTLS)
CHART INDUSTRIES INC (GTLS)