Koil Energy Solutions cash flow, quarter by quarter

In Q2 2026, Koil Energy Solutions generated −$1.1M of operating cash flow and spent $1.5M on capital projects, leaving free cash flow of −$2.6M. That is $2.7M less than in Q2 2025 ($108K).

Over the twelve months to Jun 30, 2026, operating cash flow was −$1.2M; the largest uses were capital spending ($2.1M), operating cash flow ($1.2M), other investing ($326K); besides operations, cash came from net borrowing (+) / repaid (−) ($1.6M), other financing ($818K); the cash balance fell by $1.3M.

Operating cash flow was −$1.1M against net income of $652K — -1.7× profit, less cash than reported earnings, worth checking against working capital. The largest differences: deferred revenue −$1.0M, contract assets −$650K, payables −$507K.

Its cash conversion cycle was 19 days (receivables 73 + inventory 10 − payables 65).

Koil Energy Solutions is burning cash: its operations consume cash, a free cash flow of −$3.3M a year at the current rate against $922K of cash and investments: a runway of about 3 months before any new financing.