ACCELERANT HOLDINGS

ARX ·Financial, Insurance Brokers, Cayman Islands
Financial Statements Cash Flow Statement
Annual Quarterly

Cash Flow Statement

Line Item FY2025 FY2024 FY2023
Operating Activities
Net Income $-1.35B $22.9M $-64.1M
Depreciation & Amortization $35.2M $26.6M $14.5M
Depreciation
Amortization $5.4M $2.7M $2.6M
Stock-Based Compensation $43.1M $8.4M $4.8M
Net Cash from Operating Activities $445.1M $785.7M $290.0M
Investing Activities
Capital Expenditures
Business Acquisitions $9.9M $500.0K $-2.8M
Net Cash from Investing Activities $-173.6M $-380.1M $-12.6M
Financing Activities
Dividends Paid
Stock Repurchases
Net Cash from Financing Activities $205.8M $110.3M $10.3M
Net Change in Cash
Free Cash Flow