UNITED FIRE GROUP, INC
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $33.4M | $30.1M | $38.4M | $39.2M | $22.9M | $17.7M | $31.4M | $19.7M |
| Depreciation & Amortization | $2.7M | $2.9M | $3.0M | $2.8M | $2.5M | $2.5M | $2.5M | $2.5M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $2.7M | $2.6M | $3.0M | $2.3M | $1.9M | $1.8M | $1.7M | $1.1M |
| Net Cash from Operating Activities | $34.2M | $56.6M | $119.8M | $60.8M | $53.4M | $35.7M | $156.3M | $56.5M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-51.9M | $-43.4M | $-192.4M | $-55.1M | $-30.4M | $-48.2M | $-149.4M | $-8.5M |
| Financing Activities | ||||||||
| Dividends Paid | $5.1M | $5.1M | $4.1M | $4.1M | $4.1M | $4.1M | $4.1M | $4.1M |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-4.9M | $-7.6M | $-4.8M | $25.8M | $-4.6M | $-4.8M | $-3.3M | $-4.1M |
| Net Change in Cash | $-22.6M | $5.7M | $-77.4M | $31.6M | $18.5M | $-17.3M | $3.6M | $43.9M |
| Free Cash Flow | — | — | — | — | — | — | — | — |