MBIA Inc. (MBI)

MBIA Inc. Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-83	-364	-885	-971	-	-
Other Adjustments	-	9	58	94	-	-
Changes in Receivables	-	12	13	14	-	-
Changes in Reinsurance Contract Assets	-4	142	-2	151	-	-
Changes in Accrued Expenses	40	-4	6	3	-	-
Changes in Unearned Premiums	-6	-27	-33	-34	-	-
Changes in Claims Reserves	-17	-72	53	24	-	-
Changes in Other Operating Activities	35.5	46	-177	-119	-408	511
Operating Cash Flow	48	38	-176	-195	-418	511
Capital Expenditures	-	-	-	-	-	-1
Purchases of Investments	-423	-473	-324	-443	-1,157	-1,369
Proceeds from Sale of Investments	447	498	593	1,259	1,778	1,375
Other Investing Activities	5	-	3	-49	2	-68
Investing Cash Flow	30	25	287	767	623	-61
Long-Term Debt Issued	-1	-	15	62	10	2
Long-Term Debt Repaid	-201.5	-206	-71	-220	-292	-458
Net Long-Term Debt Issued (Repaid)	-202.5	-206	-56	-158	-282	-456
Repurchase of Common Stock	6	-	-38	-9	-3	-1
Net Common Stock Issued (Repurchased)	6	-	-38	-9	-3	-1
Common Dividends Paid	-	-	-	-409	-409	-
Other Financing Activities	-	-	5	-	5	-
Financing Cash Flow	-196	-206	-79	-542	-285	-457
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-	-	-	-	-	-7
Net Cash Flow	9	-16	-21	30	-82	-14
Free Cash Flow	48	38	-176	-195	-418	510
Free Cash Flow Growth	26.32%	-	-	-	-	-
FCF Margin	53.33%	47.50%	-419.05%	-2785.71%	-271.43%	269.84%
Free Cash Flow Per Share	0.97	0.77	-3.71	-4.05	-8.39	10.31
Levered Free Cash Flow	-292	-226	-709	-648	-885	-391
Unlevered Free Cash Flow	99.5	173	-438	-272	-376	246

Updated May 7, 2026. Data Source: Fiscal.ai. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q