Exzeo Group, Inc. (XZO) 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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Exzeo 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: $40,887,000.00Net income → Operating adjustments reconciliation: $2,788,000.00Accounts payable and accrued liabilities → Operating adjustments reconciliation: $5,783,000.00Share-based compensation → Operating adjustments reconciliation: $1,499,000.00Depreciation and amortization → Operating adjustments reconciliation: $1,466,000.00Accounts receivable → Operating adjustments reconciliation: $1,121,000.00Deferred income taxes → Operating adjustments reconciliation: $914,000.00Contract liabilities → Operating adjustments reconciliation: $908,000.00Contract cost assets → Operating adjustments reconciliation: $399,000.00Foreign currency remeasurement losses → Operating adjustments reconciliation: $191,000.00Commissions payable → Operating adjustments reconciliation: $189,000.00Operating leases, net → Operating adjustments reconciliation: $23,000.00Operating adjustments reconciliation → Related party receivable and payable: $9,006,000.00Operating adjustments reconciliation → Other assets: $4,153,000.00Operating adjustments reconciliation → Income taxes payable: $2,044,000.00Operating adjustments reconciliation → Net accretion of discount on investments in fixed-maturity securities: $31,000.00Operating adjustments reconciliation → Prepaid expenses: $29,000.00Operating adjustments reconciliation → Other liabilities: $18,000.00Net cash used in investing activities → investing reconciliation: $198,931,000.00investing reconciliation → Purchase of available-for-sale securities: $198,395,000.00investing reconciliation → Capital expenditures: $536,000.00Net cash used in financing activities → financing reconciliation: $10,418,000.00financing reconciliation → Repurchase of common stock: $10,043,000.00financing reconciliation → Payment of issuance costs: $375,000.00Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations → Cash sources and uses: $305,372,000.00Net cash from operating activities → Cash sources and uses: $40,887,000.00Cash 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: $136,731,000.00Cash sources and uses → Net cash used in investing activities: $198,931,000.00Cash sources and uses → Net cash used in financing activities: $10,418,000.00Net income: $43,675,000.00Net income+$43.68 MShare-based compensation: $1,499,000.00Stock-based compensation+$1.50 MDepreciation and amortization: $1,466,000.00D&A and accretion+$1.47 MDeferred income taxes: $914,000.00Deferred income taxes+$914.00 KNet accretion of discount on investments in fixed-maturity securities: -$31,000.00Investment discount & premium−$31.00 KForeign currency remeasurement losses: $191,000.00FX transaction gain & loss+$191.00 KAccounts receivable: $1,121,000.00Accounts receivable+$1.12 MRelated party receivable and payable: -$9,006,000.00Related party receivable & payable−$9.01 MPrepaid expenses: -$29,000.00Prepaid expenses−$29.00 KContract cost assets: $399,000.00Contract assets+$399.00 KIncome taxes payable: -$2,044,000.00Income taxes, net−$2.04 MContract liabilities: $908,000.00Contract balances, net+$908.00 KCommissions payable: $189,000.00Commissions payable+$189.00 KAccounts payable and accrued liabilities: $5,783,000.00Payables & accrued liabilities+$5.78 MOther liabilities: -$18,000.00Other current liabilities−$18.00 KOther assets: -$4,153,000.00Other operating assets−$4.15 MOperating leases, net: $23,000.00Operating lease liabilities+$23.00 KNet cash from operating activities: $40,887,000.00Operating cash+$40.89 MOperating adjustments reconciliation: $15,281,000.00Payment of issuance costs: -$375,000.00Debt issuance costs−$375.00 KRepurchase of common stock: -$10,043,000.00Common stock repurchases−$10.04 MNet cash used in financing activities: -$10,418,000.00. Cash required to fund net payments.Financing cash−$10.42 Mfinancing reconciliation: $10,418,000.00Capital expenditures: -$536,000.00Capital expenditures−$536.00 KPurchase of available-for-sale securities: -$198,395,000.00AFS securities purchases−$198.40 MNet cash used in investing activities: -$198,931,000.00. Cash required to fund net payments.Investing cash−$198.93 Minvesting reconciliation: $198,931,000.00Cash sources and uses: $346,259,000.00Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $305,372,000.00Beginning cash$305.37 MEnding cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $136,731,000.00Ending cash$136.73 MExchange-rate effect: -$179,000.00FX effect−$179.00 KCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$40.35 MOperating cash − cash spent on productive assetsCash flow / Net income0.94×Operating cash flow ÷ net incomeNet cash change−$168.64 MEnding cash − beginning cash
Chart details

Exzeo 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
305,372,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
Operating activities
40,887,000 US dollars. Net cash provided.
Net income
43,675,000 US dollars
Share-based compensation
1,499,000 US dollars
Depreciation and amortization
1,466,000 US dollars
Deferred income taxes
914,000 US dollars
Net accretion of discount on investments in fixed-maturity securities
negative 31,000 US dollars
Foreign currency remeasurement losses
191,000 US dollars
Accounts receivable
1,121,000 US dollars
Related party receivable and payable
negative 9,006,000 US dollars
Prepaid expenses
negative 29,000 US dollars
Contract cost assets
399,000 US dollars
Income taxes payable
negative 2,044,000 US dollars
Contract liabilities
908,000 US dollars
Commissions payable
189,000 US dollars
Accounts payable and accrued liabilities
5,783,000 US dollars
Other liabilities
negative 18,000 US dollars
Other assets
negative 4,153,000 US dollars
Operating leases, net
23,000 US dollars
Investing activities
negative 198,931,000 US dollars. Net cash used.
Capital expenditures
negative 536,000 US dollars
Purchase of available-for-sale securities
negative 198,395,000 US dollars
Financing activities
negative 10,418,000 US dollars. Net cash used.
Payment of issuance costs
negative 375,000 US dollars
Repurchase of common stock
negative 10,043,000 US dollars
Operating adjustment reconciliation
15,281,000 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
10,418,000 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
198,931,000 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
136,731,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
Cash sources and uses
346,259,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 168,641,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
0.94×. 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
40,887,000 US dollars. Operating cash flow used in the free cash flow calculation.
cash spent on productive assets
536,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
40,351,000 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 $40.89M of net income directly to operating cash and $2.79M 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 spent on productive assets equals free cash flow: 40,887,000 US dollars minus 536,000 US dollars equals 40,351,000 US dollars.
Exzeo Group, Inc. (XZO) FY2026 YTD Q2 Statement of Cash Flows Sankey chart
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