Filing Flows

Filing Flows › Companies › Blue Dolphin Energy › Cash flow

Blue Dolphin Energy cash flow, quarter by quarter

Latest: Q2 2026 · from the cash-flow statements filed with the SEC

Free cash flow$38.1M in Q2 2026 · $41.5M over twelve months

Operating cash flow$38.2M
Capital spending−$121K
Free cash flow+$38.1M
Cash / net income2.2×

Analysis

In Q2 2026, Blue Dolphin Energy generated $38.2M of operating cash flow and spent $121K on capital projects, leaving free cash flow of $38.1M. That is $39.7M more than in Q2 2025 (−$1.7M).

Over the twelve months to Jun 30, 2026, operating cash flow was $41.6M; the largest uses were other financing ($11.6M), capital spending ($116K); the cash balance rose by $29.9M.

Operating cash flow was $38.2M against net income of $17.7M — 2.2× profit, cash ran ahead of reported earnings. The largest differences: receivables +$4.9M, inventory +$4.7M, deferred taxes +$4.0M.

Free cash flow

Blue Dolphin Energy: free cash flow by quarterBlue Dolphin Energy: free cash flow by quarter−$117KQ3 2024$780KQ4 2024−$1.7MQ1 2025−$1.7MQ2 2025$511KQ3 2025$2.1MQ4 2025$820KQ1 2026$38.1MQ2 2026
Operating cash flow less capital spending.
Blue Dolphin Energy: operating cash flow against capital spendingBlue Dolphin Energy: operating cash flow against capital spendingOperating cash flowCapital spending−$117K$0Q3 2024$826K$46KQ4 2024−$1.7M$0Q1 2025−$1.6M$29KQ2 2025$818K$307KQ3 2025$1.8M−$323KQ4 2025$831K$11KQ1 2026$38.2M$121KQ2 2026
Latest (Q2 2026): Operating cash flow $38.2M, Capital spending $121K.

Capital allocation, year by year

Blue Dolphin Energy: where the cash came from (up) and went (down), by fiscal yearBlue Dolphin Energy: where the cash came from (up) and went (down), by fiscal yearOperating cash flowNet borrowingCapital spendingFY2021: Operating cash flow −$6.1MFY2021: Net borrowing $5.8M$5.8MFY2021FY2022: Operating cash flow $16.3MFY2022: Net borrowing −$14.7MFY2022: Capital spending −$102K$16.3MFY2022FY2023: Operating cash flow $20.0MFY2023: Net borrowing −$2.7MFY2023: Capital spending −$102K$20.0MFY2023FY2024: Operating cash flow −$15.7MFY2024: Net borrowing −$1.2MFY2024: Capital spending −$46KFY2024FY2025: Operating cash flow −$766KFY2025: Net borrowing −$3.8MFY2025: Capital spending −$13KFY2025
Over these 5 years operating cash flow totalled $13.8M; the largest uses were operating cash flow ($22.5M) and net borrowing ($22.4M). Cash-flow statements as filed.

Cash runway and the debt wall

Cash & investments$30.7M
Debtnone
Net cash$30.7M

Blue Dolphin Energy funds itself: free cash flow was $41.5M over the last twelve months, with $30.7M of cash and investments and no debt on the balance sheet.

Where the cash came from and went

Blue Dolphin Energy: sources (+) and uses (−) of cash, Q2 2026Blue Dolphin Energy: sources (+) and uses (−) of cash, Q2 2026Operating cash flow$38.2MCash drawn (+) / kept (−)−$30.3MOther financing−$7.8MCapital spending−$121K
Blue Dolphin Energy: sources (+) and uses (−) of cash, TTM to Q2 2026Blue Dolphin Energy: sources (+) and uses (−) of cash, TTM to Q2 2026Operating cash flow$41.6MCash drawn (+) / kept (−)−$29.9MOther financing−$11.6MCapital spending−$116K

From profit to cash

Blue Dolphin Energy: net income to operating cash flow, Q2 2026Blue Dolphin Energy: net income to operating cash flow, Q2 2026Net income$17.7MDepreciation & amortization$720KDeferred taxes$4.0MReceivables$4.9MInventory$4.7MPayables−$405KPrepaid and other assets−$2.0MOperating cash flow$38.2M
Non-cash charges are added back; money tied up in receivables or inventory is subtracted.

Every quarter

QuarterOperating cash flowCapital spendingNet borrowing (+) / repaid (−)Cash drawn (+) / kept (−)Free cash flow
Q2 2026$38.2M−$121K—−$30.3M$38.1M
Q1 2026$831K−$11K—$609K$820K
Q4 2025$1.8M$323K—$1.3M$2.1M
Q3 2025$818K−$307K$994K−$1.5M$511K
Q2 2025−$1.6M−$29K$1.2M$472K−$1.7M
Q1 2025−$1.7M—$2.9M−$1.2M−$1.7M
Q4 2024$826K−$46K−$2.1M$602K$780K
Q3 2024−$117K—$702K−$585K−$117K

Blue Dolphin Energy: income statement and cash flow

Blue Dolphin Energy, Q2 2026: revenue $144M (+155% year over year), operating margin 16.4%. The chart follows the revenue to costs, profit and cash.

Blue Dolphin Energy: every quarter, Q/Q and Y/Y → Open in the app

Read automatically from the company’s XBRL cash-flow statements; quarterly figures for the fourth quarter are the year less the first three. Errors are possible. Not investment advice.