HCI Group, Inc. (HCI) FY2026 YTD Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-01-01 to 2026-06-30

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HCI Group, Inc. cash flow reconciliation, Jan 1, 2026 through Jun 30, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income → Net cash from operating activities: $167,943,000.00Prepaid reinsurance premiums → Operating adjustments reconciliation: $50,127,000.00Reinsurance recoverable → Operating adjustments reconciliation: $34,176,000.00Advance premiums → Operating adjustments reconciliation: $25,138,000.00Accrued expenses and other liabilities → Operating adjustments reconciliation: $21,127,000.00Unearned premiums → Operating adjustments reconciliation: $16,007,000.00Ceded reinsurance premiums payable → Operating adjustments reconciliation: $7,181,000.00Stock-based compensation expense → Operating adjustments reconciliation: $6,698,000.00Depreciation and amortization → Operating adjustments reconciliation: $4,285,000.00Income taxes → Operating adjustments reconciliation: $3,740,000.00Assumed reinsurance balances payable → Operating adjustments reconciliation: $2,305,000.00Deferred income tax expense (benefit) → Operating adjustments reconciliation: $2,013,000.00Net unrealized investment gains → Operating adjustments reconciliation: $955,000.00Net loss from limited partnership investments → Operating adjustments reconciliation: $399,000.00Other non-cash items → Operating adjustments reconciliation: $317,000.00Foreign currency remeasurement loss → Operating adjustments reconciliation: $192,000.00Operating adjustments reconciliation → Net cash from operating activities: $105,984,000.00Operating adjustments reconciliation → Premiums receivable, net: $20,113,000.00Operating adjustments reconciliation → Other assets: $19,842,000.00Operating adjustments reconciliation → Losses and loss adjustment expenses: $17,513,000.00Operating adjustments reconciliation → Deferred policy acquisition costs: $8,484,000.00Operating adjustments reconciliation → Net realized investment gains: $1,756,000.00Operating adjustments reconciliation → Net accretion of discount on investments in available-for-sale fixed-maturity securities: $498,000.00Operating adjustments reconciliation → Gains on sales of real estate investments: $354,000.00Operating adjustments reconciliation → Funds withheld for assumed business: $92,000.00Operating adjustments reconciliation → Credit loss expense - reinsurance recoverable: $24,000.00Proceeds from sales of equity securities → investing reconciliation: $35,173,000.00Proceeds from calls, repayments and maturities of available-for-sale fixed-maturity securities → investing reconciliation: $8,512,000.00Proceeds from sales of available-for-sale fixed-maturity securities → investing reconciliation: $3,643,000.00Return of capital from limited partnership investments → investing reconciliation: $897,000.00Proceeds from sales of real estate investments → investing reconciliation: $760,000.00investing reconciliation → Purchase of available-for-sale fixed-maturity securities: $520,005,000.00investing reconciliation → Purchase of equity securities: $27,760,000.00investing reconciliation → Purchase of real estate investments: $983,000.00investing reconciliation → Purchase of property and equipment: $625,000.00Net cash used in financing activities → financing reconciliation: $110,520,000.00Subscriber surplus contributions, net → financing reconciliation: $6,824,000.00Proceeds from exercise of stock options → financing reconciliation: $800,000.00financing reconciliation → Repurchase of common stock: $74,476,000.00financing reconciliation → Payment for deposit accounting assets: $11,330,000.00financing reconciliation → Payment of net share settlements and other: $11,202,000.00financing reconciliation → Common stock dividends: $10,276,000.00financing reconciliation → Repurchase of noncontrolling interests: $10,043,000.00financing reconciliation → Repayment of long-term debt: $442,000.00financing reconciliation → Payment of other noncontrolling interests issuance costs: $375,000.00Net cash used in investing activities → investing reconciliation: $500,388,000.00Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations → Cash sources and uses: $1,213,874,000.00Net cash from operating activities → Cash sources and uses: $273,927,000.00Cash sources and uses → Exchange-rate effect: $179,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $876,714,000.00Cash sources and uses → Net cash used in investing activities: $500,388,000.00Cash sources and uses → Net cash used in financing activities: $110,520,000.00Net income: $167,943,000.00Net income+$167.94 MStock-based compensation expense: $6,698,000.00Stock-based compensation+$6.70 MNet accretion of discount on investments in available-for-sale fixed-maturity securities: -$498,000.00Investment discount & premium−$498.00 KDepreciation and amortization: $4,285,000.00D&A and accretion+$4.29 MDeferred income tax expense (benefit): $2,013,000.00Deferred income taxes+$2.01 MNet realized investment gains: -$1,756,000.00Net realized investment gains−$1.76 MNet unrealized investment gains: $955,000.00Unrealized equity gain & loss+$955.00 KCredit loss expense - reinsurance recoverable: -$24,000.00Reinsurance credit loss expense−$24.00 KNet loss from limited partnership investments: $399,000.00Limited partnership loss, net+$399.00 KGains on sales of real estate investments: -$354,000.00Real estate gain & loss−$354.00 KForeign currency remeasurement loss: $192,000.00FX transaction gain & loss+$192.00 KDebt conversion expense: $0.00Other non-cash items: $317,000.00Other non-cash items+$317.00 KIncome taxes: $3,740,000.00Income taxes receivable+$3.74 MPremiums receivable, net: -$20,113,000.00Premiums receivable−$20.11 MPrepaid reinsurance premiums: $50,127,000.00Prepaid reinsurance premiums+$50.13 MReinsurance recoverable: $34,176,000.00Reinsurance recoverables+$34.18 MDeferred policy acquisition costs: -$8,484,000.00Deferred acquisition costs−$8.48 MFunds withheld for assumed business: -$92,000.00Funds held under reinsurance−$92.00 KOther assets: -$19,842,000.00Other operating assets−$19.84 MLosses and loss adjustment expenses: -$17,513,000.00Losses & adjustment expenses−$17.51 MUnearned premiums: $16,007,000.00Unearned premiums+$16.01 MAdvance premiums: $25,138,000.00Advance premiums+$25.14 MReinsurance payable on paid losses and loss adjustment expenses: $0.00Assumed reinsurance balances payable: $2,305,000.00Assumed reinsurance payable+$2.31 MCeded reinsurance premiums payable: $7,181,000.00Ceded premiums payable+$7.18 MAccrued expenses and other liabilities: $21,127,000.00Other payables & accruals+$21.13 MNet cash from operating activities: $273,927,000.00Operating cash+$273.93 MOperating adjustments reconciliation: $174,660,000.00Common stock dividends: -$10,276,000.00Common dividends paid−$10.28 MProceeds from exercise of stock options: $800,000.00Stock option exercises+$800.00 KPayment for deposit accounting assets: -$11,330,000.00Deposit accounting assets paid−$11.33 MSubscriber surplus contributions, net: $6,824,000.00Subscriber surplus, net+$6.82 MPayment of other noncontrolling interests issuance costs: -$375,000.00Stock issuance costs−$375.00 KPayment of net share settlements and other: -$11,202,000.00Share settlements & other paid−$11.20 MDebt conversion costs paid: $0.00Repurchase of noncontrolling interests: -$10,043,000.00Noncontrolling interest buybacks−$10.04 MRepayment under revolving credit facility, net: $0.00Repayment of long-term debt: -$442,000.00Repayment of long-term debt−$442.00 KRepurchase of common stock: -$74,476,000.00Common stock repurchases−$74.48 MNet cash used in financing activities: -$110,520,000.00. Cash required to fund net payments.Financing cash−$110.52 Mfinancing reconciliation: $118,144,000.00Investments in limited partnerships: $0.00Return of capital from limited partnership investments: $897,000.00Limited partnership proceeds+$897.00 KPurchase of property and equipment: -$625,000.00PP&E purchases−$625.00 KPurchase of real estate investments: -$983,000.00Real estate investments−$983.00 KPurchase of available-for-sale fixed-maturity securities: -$520,005,000.00AFS securities purchases−$520.01 MPurchase of equity securities: -$27,760,000.00Equity securities purchases−$27.76 MProceeds from sales of real estate investments: $760,000.00Real estate sales+$760.00 KProceeds from sales of available-for-sale fixed-maturity securities: $3,643,000.00AFS securities sales+$3.64 MProceeds from calls, repayments and maturities of available-for-sale fixed-maturity securities: $8,512,000.00AFS securities maturities+$8.51 MProceeds from sales of equity securities: $35,173,000.00Equity securities sales+$35.17 MNet cash used in investing activities: -$500,388,000.00. Cash required to fund net payments.Investing cash−$500.39 Minvesting reconciliation: $549,373,000.00Cash sources and uses: $1,487,801,000.00Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $1,213,874,000.00Beginning cash$1.21 BEnding cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $876,714,000.00Ending cash$876.71 MExchange-rate effect: -$179,000.00FX effect−$179.00 KCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$273.30 MOperating cash − cash spent on PP&ECash flow / Net income1.63×Operating cash flow ÷ net incomeNet cash change−$337.16 MEnding cash − beginning cash
Chart details

HCI Group, Inc. cash flow reconciliation, Jan 1, 2026 through Jun 30, 2026

Cash flows for Jan 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations. Beginning cash: Dec 31, 2025. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Dec 31, 2025
1,213,874,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
Operating activities
273,927,000 US dollars. Net cash provided.
Net income
167,943,000 US dollars
Stock-based compensation expense
6,698,000 US dollars
Net accretion of discount on investments in available-for-sale fixed-maturity securities
negative 498,000 US dollars
Depreciation and amortization
4,285,000 US dollars
Deferred income tax expense (benefit)
2,013,000 US dollars
Net realized investment gains
negative 1,756,000 US dollars
Net unrealized investment gains
955,000 US dollars
Credit loss expense - reinsurance recoverable
negative 24,000 US dollars
Net loss from limited partnership investments
399,000 US dollars
Gains on sales of real estate investments
negative 354,000 US dollars
Foreign currency remeasurement loss
192,000 US dollars
Debt conversion expense
0 US dollars
Other non-cash items
317,000 US dollars
Income taxes
3,740,000 US dollars
Premiums receivable, net
negative 20,113,000 US dollars
Prepaid reinsurance premiums
50,127,000 US dollars
Reinsurance recoverable
34,176,000 US dollars
Deferred policy acquisition costs
negative 8,484,000 US dollars
Funds withheld for assumed business
negative 92,000 US dollars
Other assets
negative 19,842,000 US dollars
Losses and loss adjustment expenses
negative 17,513,000 US dollars
Unearned premiums
16,007,000 US dollars
Advance premiums
25,138,000 US dollars
Reinsurance payable on paid losses and loss adjustment expenses
0 US dollars
Assumed reinsurance balances payable
2,305,000 US dollars
Ceded reinsurance premiums payable
7,181,000 US dollars
Accrued expenses and other liabilities
21,127,000 US dollars
Investing activities
negative 500,388,000 US dollars. Net cash used.
Investments in limited partnerships
0 US dollars
Return of capital from limited partnership investments
897,000 US dollars
Purchase of property and equipment
negative 625,000 US dollars
Purchase of real estate investments
negative 983,000 US dollars
Purchase of available-for-sale fixed-maturity securities
negative 520,005,000 US dollars
Purchase of equity securities
negative 27,760,000 US dollars
Proceeds from sales of real estate investments
760,000 US dollars
Proceeds from sales of available-for-sale fixed-maturity securities
3,643,000 US dollars
Proceeds from calls, repayments and maturities of available-for-sale fixed-maturity securities
8,512,000 US dollars
Proceeds from sales of equity securities
35,173,000 US dollars
Financing activities
negative 110,520,000 US dollars. Net cash used.
Common stock dividends
negative 10,276,000 US dollars
Proceeds from exercise of stock options
800,000 US dollars
Payment for deposit accounting assets
negative 11,330,000 US dollars
Subscriber surplus contributions, net
6,824,000 US dollars
Payment of other noncontrolling interests issuance costs
negative 375,000 US dollars
Payment of net share settlements and other
negative 11,202,000 US dollars
Debt conversion costs paid
0 US dollars
Repurchase of noncontrolling interests
negative 10,043,000 US dollars
Repayment under revolving credit facility, net
0 US dollars
Repayment of long-term debt
negative 442,000 US dollars
Repurchase of common stock
negative 74,476,000 US dollars
Operating adjustment reconciliation
174,660,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
118,144,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
549,373,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
negative 179,000 US dollars
Ending cash on Jun 30, 2026
876,714,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
Cash sources and uses
1,487,801,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 337,160,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
1.63×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
273,927,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
625,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
273,302,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $105.98M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 273,927,000 US dollars minus 625,000 US dollars equals 273,302,000 US dollars.
HCI Group, Inc. (HCI) FY2026 YTD Q2 Statement of Cash Flows Sankey chart
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