For the quarter ending 2026-03-31, SEI had -$8,851K decrease in cash & cash equivalents over the period. -$264,342K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 32,055 | -3,509 | 24,814 | 37,097 |
| Depreciation and amortization | 24,758 | 23,489 | 22,355 | 38,441 |
| Impairment of property, plant and equipment | - | 0 | - | - |
| Gain on sale of kingfisher facility | - | 0 | - | - |
| Stock-based compensation | 6,713 | 5,896 | 5,277 | 12,198 |
| Loss on debt extinguishment | -1,258 | -41,451 | - | - |
| Deferred income tax expense | 15,226 | 3,750 | 3,287 | 9,056 |
| Change in payables related to tax receivables agreement | - | - | 3,024 | - |
| Change in payables related to tax receivable agreement | - | 2,361 | - | - |
| Other | -2,770 | -1,185 | -53 | -1,500 |
| Accounts receivable | 45,144 | -27,154 | 10,818 | 41,776 |
| Accounts receivable - related party | - | 0 | - | - |
| Prepaid expenses and other assets | -661 | -130 | 2,249 | 1,582 |
| Inventories | 3,518 | 1,925 | 427 | 780 |
| Accounts payable | -11,761 | 706 | 5,979 | 1,824 |
| Accrued liabilities | -8,877 | -787 | 9,132 | -1,318 |
| Deferred revenue | 64,873 | -940 | 2,837 | -1,044 |
| Property tax contingency | - | 0 | - | - |
| Cash settlement of stock-based compensation | 0 | 0 | 0 | -3,713 |
| Net cash provided by operating activities | 79,014 | 95,937 | 63,264 | 49,903 |
| Business acquisition, net of cash acquired | - | -223 | 29,423 | - |
| Deposit for pending investment | - | 10,000 | - | - |
| Receivable from sellers | - | 0 | - | - |
| Cash received from sellers | - | 0 | - | - |
| Investment in equipment held for lease and property, plant and equipment | 343,356 | 254,501 | 62,802 | 329,454 |
| Proceeds from sale of kingfisher facility | - | 0 | - | - |
| Proceeds from disposal of property, plant and equipment | - | 3,389 | - | - |
| Short-term loan | - | 0 | 7,573 | - |
| Repayment of short-term loan | - | 0 | 3,786 | - |
| Asset acquisition, net of cash acquired | 108,447 | - | - | - |
| Payment of fees related to class a common stock offering | - | 0 | - | - |
| Other | 6,139 | - | -10,934 | 7,545 |
| Borrowings from convertible notes | - | 902,500 | - | - |
| Net cash used in investing activities | -454,553 | -264,278 | -85,078 | -336,999 |
| Borrowings from debt financing and convertible notes | - | - | 0 | 226,979 |
| Borrowings from debt financing | 399,032 | 186,009 | - | - |
| Proceeds from issuance of insurance notes payable | - | 0 | 4,386 | 149 |
| Repayments of debt financing | - | 320,937 | 4,063 | - |
| Capital contribution from non-controlling interest in stateline | - | 0 | 0 | 86,023 |
| Payment of fees related to debt extinguishment | - | 32,095 | - | - |
| Share repurchases and retirements | - | 0 | - | - |
| Payment for capped call transactions related to 2031 notes | - | 65,582 | - | - |
| Class a common stock offering | - | 0 | - | - |
| Payments of financing costs related to debt and convertible notes | 5,000 | 17,657 | -129 | 13,242 |
| Distributions to non-controlling interest unitholders | 2,293 | 1,846 | 2,361 | 7,933 |
| Dividends paid to class a common stock shareholders | 6,922 | 6,369 | 5,836 | 9,554 |
| Payments under finance leases | 887 | 816 | 812 | 1,612 |
| Payments under insurance premium financing | 1,219 | 1,196 | 1,709 | 717 |
| Cancelled shares withheld for taxes from vesting of restricted stock and restricted stock units | 14,306 | 76 | 258 | 10,212 |
| Payment of liabilities under tax receivable agreement | 1,717 | 0 | 0 | 3,610 |
| Net cash provided by (used in) financing activities | 366,688 | 414,956 | -10,524 | 266,271 |
| Net decrease in cash and cash equivalents | -8,851 | 246,615 | -32,338 | -20,825 |
| Cash and cash equivalents at beginning of period | 353,319 | 106,704 | 159,867 | - |
| Cash and cash equivalents at end of period | 344,468 | 353,319 | 106,704 | - |