TWFG, Inc. (TWFG) FY2026 Q2 Statement of Cash Flows
2026-04-01 to 2026-06-30
Statement of Cash Flows
2026-04-01 to 2026-06-30
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Chart details
TWFG, Inc. cash flow reconciliation, Apr 1, 2026 through Jun 30, 2026
Cash flows for Apr 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations. Beginning cash: Mar 31, 2026. 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 Mar 31, 2026
- 143,646,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
- Operating activities
- 9,818,000 US dollars. Net cash provided.
- Net income
- 17,251,000 US dollars
- Depreciation and amortization
- 7,065,000 US dollars
- Net gain on sales of intangible assets and property and equipment
- negative 1,000 US dollars
- Stock-based compensation expense
- 1,166,000 US dollars
- Non-cash lease expense
- 422,000 US dollars
- Other non-cash items
- negative 5,000 US dollars
- Commissions receivable, net
- negative 10,335,000 US dollars
- Accounts receivable
- negative 6,187,000 US dollars
- Other current and non-current assets
- negative 3,492,000 US dollars
- Commissions payable
- 1,888,000 US dollars
- Operating lease liabilities
- negative 439,000 US dollars
- Other current liabilities
- 2,485,000 US dollars
- Investing activities
- negative 24,990,000 US dollars. Net cash used.
- Proceeds from sale of books of business
- 0 US dollars
- Purchase of intangible assets
- negative 24,486,000 US dollars
- Purchase of property and equipment
- negative 505,000 US dollars
- Proceeds from sale of property and equipment
- 1,000 US dollars
- Disposal of fixed assets
- 0 US dollars
- Financing activities
- negative 35,723,000 US dollars. Net cash used.
- Repayment of borrowings
- negative 491,000 US dollars
- Distributions to members
- negative 11,238,000 US dollars
- Repurchase of Class A common stock
- negative 26,300,000 US dollars
- Tax withholding on vesting of equity awards
- 0 US dollars
- Increase in carrier liabilities
- 4,050,000 US dollars
- Decrease in carrier liabilities
- negative 1,354,000 US dollars
- Payment of deferred acquisition payable
- negative 390,000 US dollars
- Operating adjustment reconciliation
- 20,459,000 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
- 39,773,000 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
- 24,991,000 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
- 0 US dollars
- Ending cash on Jun 30, 2026
- 92,751,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
- Cash sources and uses
- 153,464,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- Net cash change
- negative 50,895,000 US dollars. Ending cash minus beginning cash.
- Cash flow / Net income
- 0.57×. 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
- 9,818,000 US dollars. Operating cash flow used in the free cash flow calculation.
- Cash purchases of property, plant and equipment
- 505,000 US dollars. These cash purchases are already included in investing activities above.
- Free cash flow
- 9,313,000 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 exceeds operating cash. The diagram allocates $9.82M of net income directly to operating cash and $7.43M to the adjustment junction, where it combines with other additions to reconcile deductions. This is an accounting presentation, not a tracing of 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: 9,818,000 US dollars minus 505,000 US dollars equals 9,313,000 US dollars.
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