Accelerant Holdings (ARX)

NYSE: ARX · Real-Time Price · USD

19.87

-0.04 (-0.20%)

At close: Nov 11, 2026, 4:00 PM EST

19.85

-0.02 (-0.10%)

After-hours: Nov 11, 2026, 7:30 PM EST

Accelerant Holdings Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	-1,367	-1,425	27.2	-48.8	-91.7	-21.5
Depreciation & Amortization	38.7	34	23.1	14.5	5.8	1.6
Asset Writedown & Restructuring Costs	1.2	1.2	3.5	-	-	-
Loss (Gain) From Sale of Investments	-104	-54.9	-26.6	-18.3	3.5	0.6
Loss (Gain) on Equity Investments	-2.5	-1.8	-2.3	-2.9	-1	-
Stock-Based Compensation	89.4	43.1	8.4	4.8	-	-
Other Operating Activities	1,438	1,451	-48.7	-15.5	-8.2	4.3
Change in Accounts Receivable	-230.9	-258.6	-319	-221.8	-114.9	-43.9
Change in Unearned Revenue	21.1	342.8	743.2	409.6	482.2	210.1
Change in Other Net Operating Assets	161.2	313.6	376.9	168.4	-208.2	-38.5
Operating Cash Flow	45.8	445.1	785.7	290	67.5	112.7
Operating Cash Flow Growth	-94.47%	-43.35%	170.93%	329.63%	-40.11%	-

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Cash Acquisitions	-17.9	-9.9	-0.5	2.8	-1.7	-19.4
Sale (Purchase) of Intangibles	-44	-41.4	-34.4	-32.6	-26.7	-14.7
Investment in Securities	130	-121.8	-343.5	18.5	-119.9	-98.3
Other Investing Activities	-0.8	-0.5	-1.7	-1.3	0.6	-0.1
Investing Cash Flow	67.3	-173.6	-380.1	-12.6	-147.7	-132.5

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Short-Term Debt Issued	-	5	-	-	-	-
Long-Term Debt Issued	-	-	49.7	20	54.1	49.5
Total Debt Issued	-	5	49.7	20	54.1	49.5
Short-Term Debt Repaid	-	-5	-	-	-	-
Long-Term Debt Repaid	-	-0.8	-50.4	-2	-1.5	-
Total Debt Repaid	-7.4	-5.8	-50.4	-2	-1.5	-
Net Debt Issued (Repaid)	-7.4	-0.8	-0.7	18	52.6	49.5
Issuance of Common Stock	392	392	-	-	-	30.9
Other Financing Activities	-19.3	-10.1	-3.5	-8.4	-1.4	-
Financing Cash Flow	107.4	205.8	110.3	10.3	256	233.7

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Foreign Exchange Rate Adjustments	-22.7	49	-18.3	4.1	-15.5	2.2
Net Cash Flow	197.8	526.3	497.6	291.8	160.3	216.1

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Levered Free Cash Flow	-1,482	-1,730	-1,343	-1,310	-663.9	-
Unlevered Free Cash Flow	-612.61	-860.84	-1,336	-1,303	-661.28	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Cash Interest Paid	9.4	10	11.1	10.1	3.4	2.5
Cash Income Tax Paid	65.4	59.1	45.5	20.2	21.1	-
Change in Working Capital	-48.6	397.8	801.1	356.2	159.1	127.7

SEC Filings: 10-K · 10-Q