Zeo Energy Corp. (ZEO)
NASDAQ: ZEO · Real-Time Price · USD
0.3972
-0.0078 (-1.93%)
At close: Aug 24, 2026, 4:00 PM EDT
0.38102
-0.0162 (-4.07%)
After-hours: Aug 24, 2026, 7:42 PM EDT
Zeo Energy Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | -11.08 | -14.01 | -3.19 | 4.85 | 8.67 | 7.09 |
Depreciation & Amortization | 1.83 | 8.58 | 4.84 | 1.84 | 1.71 | 0.38 |
Other Amortization | 0.08 | 0.06 | - | - | - | - |
Loss (Gain) From Sale of Assets | - | - | -0.09 | - | - | - |
Stock-Based Compensation | 4.52 | 6.5 | 7.95 | - | - | - |
Provision & Write-off of Bad Debts | 0.56 | 3.36 | 2.82 | 1.53 | 0.74 | - |
Other Operating Activities | 0.29 | -5.7 | -7.04 | 0.55 | -0.07 | - |
Change in Accounts Receivable | -4.28 | -4.15 | -3.73 | -8.67 | -0.92 | -0.28 |
Change in Inventory | 0.1 | 0.02 | -0.13 | -0.06 | -0.29 | - |
Change in Accounts Payable | 1.46 | 2.75 | -2.51 | 4.5 | -0.48 | -0.3 |
Change in Unearned Revenue | 0.04 | 1.1 | -5.02 | 4.07 | 1.15 | - |
Change in Other Net Operating Assets | 1.03 | -7.2 | -2.6 | 3.36 | 0.21 | -0.01 |
Operating Cash Flow | -5.46 | -8.69 | -8.72 | 11.98 | 10.72 | 6.88 |
Operating Cash Flow Growth | - | - | - | 11.73% | 55.77% | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -0.82 | -1.22 | -4.37 | -1.03 | -1.08 | -0.71 |
Cash Acquisitions | 14.6 | 14.6 | - | - | - | 1.09 |
Other Investing Activities | -3.15 | - | -3 | - | - | - |
Investing Cash Flow | 10.62 | 13.37 | -7.37 | -1.03 | -1.08 | 0.38 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | - | 2.44 | - | - | - |
Long-Term Debt Issued | - | - | - | 0.31 | 0.56 | 0.52 |
Total Debt Issued | 1.5 | - | 2.44 | 0.31 | 0.56 | 0.52 |
Long-Term Debt Repaid | - | -3.38 | -0.45 | -0.33 | -0.18 | -0.01 |
Net Debt Issued (Repaid) | -1.76 | -3.38 | 1.99 | -0.02 | 0.38 | 0.51 |
Issuance of Common Stock | 0.01 | - | 2.72 | - | - | - |
Repurchase of Common Stock | -0.2 | -0.17 | - | - | - | - |
Preferred Dividends Paid | -0.62 | -0.62 | -0.14 | - | - | - |
Common Dividends Paid | - | - | -0.09 | -5.17 | -8.21 | -7.44 |
Dividends Paid | -0.62 | -0.62 | -0.23 | -5.17 | -8.21 | -7.44 |
Financing Cash Flow | -2.78 | -4.17 | 13.7 | -5.19 | -7.82 | -6.93 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -0.01 | -0 | - | - | - | - |
Net Cash Flow | 2.38 | 0.5 | -2.39 | 5.75 | 1.82 | 0.33 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | -6.28 | -9.91 | -13.09 | 10.94 | 9.64 | 6.17 |
Free Cash Flow Growth | - | - | - | 13.48% | 56.17% | - |
Free Cash Flow Margin | -8.74% | -14.30% | -17.87% | 9.98% | 10.84% | 25.11% |
Free Cash Flow Per Share | -0.20 | -0.40 | -2.36 | 10.94 | 9.64 | 9.86 |
Levered Free Cash Flow | -5.22 | -6.16 | -6.63 | 9.56 | 6.44 | - |
Unlevered Free Cash Flow | -5.2 | -6.12 | -6.42 | 9.63 | 6.47 | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 0.1 | 0.1 | 0.12 | 0.1 | 0.05 | 0.01 |
Change in Working Capital | -1.66 | -7.48 | -13.99 | 3.21 | -0.32 | -0.59 |