Goosehead Insurance Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	27.83	30.43	14.14	0.57	5.4
Depreciation & Amortization	11.27	10.54	9.24	7.11	5.12
Loss (Gain) From Sale of Assets	-0.19	0.07	-	-	-
Asset Writedown & Restructuring Costs	4.69	0.35	3.63	-	-
Stock-Based Compensation	23.38	27.97	23.99	19.64	7.29
Provision & Write-off of Bad Debts	1.84	2.9	4.36	6.2	3
Other Operating Activities	22.59	18.38	10.47	6.29	4.4
Change in Accounts Receivable	-5.92	-16.09	7.64	-5.23	-6.93
Change in Accounts Payable	6.91	5.06	-0.11	2.51	4
Change in Unearned Revenue	-2.2	-8.63	-19.45	-2.06	14.41
Change in Other Net Operating Assets	1.55	0.58	-3.07	1	-1.26
Operating Cash Flow	91.76	71.54	50.83	36.03	35.44
Operating Cash Flow Growth	28.25%	40.74%	41.07%	1.66%	43.83%
Capital Expenditures	-10.63	-0.98	-11.35	-10.13	-12.74
Sale (Purchase) of Intangibles	-13.1	-11.21	-7.71	-2.48	-2.67
Other Investing Activities	0.18	-0.23	-0.13	0.04	0.03
Investing Cash Flow	-23.54	-12.42	-19.18	-12.57	-15.38
Long-Term Debt Issued	306.37	25	-	25	44.62
Long-Term Debt Repaid	-101.7	-9.42	-16.88	-54.38	-4.37
Total Debt Repaid	-101.7	-9.42	-16.88	-54.38	-4.37
Net Debt Issued (Repaid)	204.67	15.58	-16.88	-29.38	40.25
Issuance of Common Stock	13.97	12.24	9.9	6.13	4.59
Repurchase of Common Stock	-81.72	-63.18	-	-	-
Common Dividends Paid	-145.79	-	-	-	-
Other Financing Activities	-79.39	-9.83	-11.01	-0.31	-29.01
Financing Cash Flow	-88.25	-45.2	-17.99	-23.55	-15.83
Net Cash Flow	-20.04	13.93	13.66	-0.09	4.24
Free Cash Flow	81.13	70.57	39.49	25.9	22.71
Free Cash Flow Growth	14.97%	78.71%	52.44%	14.08%	54.80%
Free Cash Flow Margin	22.25%	22.50%	15.20%	12.45%	15.12%
Free Cash Flow Per Share	2.13	1.84	1.03	1.19	1.09
Cash Interest Paid	21.71	6.88	6.37	4.77	2.35
Cash Income Tax Paid	0.93	0.63	0.7	0.48	0.27
Levered Free Cash Flow	57.33	45.14	23.77	15.53	11.22
Unlevered Free Cash Flow	72.2	49.72	27.88	18.65	13
Change in Working Capital	0.34	-19.09	-14.99	-3.77	10.23

Source: S&P Global Market Intelligence. Standard template. Financial Sources.