MBIA Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-177.0M | $435.0M | $477.0M | $-195.0M | $-445.0M | $-578.0M | $-359.0M | $-296.0M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $38.0M | $-176.0M | $-195.0M | $-418.0M | $511.0M | $-390.0M | $-368.0M | $-319.0M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | $0 | $0 | $1.0M | $0 | $0 | $1.0M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $25.0M | $287.0M | $767.0M | $623.0M | $-61.0M | $1.74B | $1.27B | $1.21B |
| Financing Activities | ||||||||
| Dividends Paid | $0 | $0 | $409.0M | $0 | $0 | — | — | — |
| Stock Repurchases | $7.0M | $4.0M | $38.0M | $3.0M | $1.0M | $200.0M | $106.0M | $44.0M |
| Net Cash from Financing Activities | $-79.0M | $-132.0M | $-542.0M | $-285.0M | $-457.0M | $-1.27B | $-1.10B | $-752.0M |
| Net Change in Cash | $-16.0M | $-21.0M | $30.0M | $-82.0M | $-7.0M | $84.0M | — | $134.0M |
| Free Cash Flow | — | — | $-195.0M | $-418.0M | $510.0M | $-390.0M | $-368.0M | $-320.0M |