TWFG, Inc. (TWFG)

NASDAQ: TWFG · Real-Time Price · USD

27.45

-0.19 (-0.69%)

At close: Aug 11, 2026, 4:00 PM EDT

27.49

+0.04 (0.15%)

After-hours: Aug 11, 2026, 6:31 PM EDT

TWFG, Inc. 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
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
Net Income	-	41.17	28.59	26.1	20.61
Depreciation & Amortization	24.33	18.35	12.02	4.86	3.3
Stock-Based Compensation	3.88	4.58	2.22	-	0.56
Other Adjustments	0.24	0.23	1.05	0.63	-0.88
Change in Receivables	-26.48	-9.89	-9.78	-4.47	-8.39
Changes in Accounts Payable	4.51	1.32	1.36	2.98	4.94
Changes in Other Operating Activities	-1.34	-2.26	5.02	0.89	2.88
Operating Cash Flow	60.78	53.5	40.48	30.15	25.76
Operating Cash Flow Growth	25.10%	32.17%	34.24%	17.08%	-

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
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
Capital Expenditures	-1.09	-0.36	-3.2	-0.26	-0.12
Sale of Property, Plant & Equipment	0.05	0.05	-	-	0.04
Purchases of Intangible Assets	-67.92	-61.91	-21.85	-15.39	-12.16
Proceeds from Sale of Intangible Assets	1.97	1.84	-	0.93	2.4
Other Investing Activities	-	-10	-	0.06	-4.67
Investing Cash Flow	-77	-70.38	-25.06	-14.66	-14.5

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
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
Long-Term Debt Issued	-	-	-	41	-
Long-Term Debt Repaid	-1.94	-1.91	-43.44	-2.64	-2.56
Net Long-Term Debt Issued (Repaid)	-1.94	-1.91	-43.44	38.36	-2.56
Issuance of Common Stock	-	-	193.55	-	-
Repurchase of Common Stock	-44.89	-3.15	-	-	-
Net Common Stock Issued (Repurchased)	-44.89	-3.15	193.55	-	-
Common Dividends Paid	-21.16	-15.86	-9.31	-33.41	-20.56
Other Financing Activities	6.86	0.37	2.62	-14.65	7.85
Financing Cash Flow	-62.03	-20.55	143.43	-9.7	-15.26

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
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
Net Cash Flow	-78.25	-37.42	158.86	5.8	-4.01

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
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
Free Cash Flow	59.68	53.15	37.28	29.89	25.64
Free Cash Flow Growth	31.54%	42.56%	24.70%	16.59%	-
FCF Margin	20.25%	21.39%	18.30%	17.38%	16.66%
Free Cash Flow Per Share	2.40	3.52	2.49	47.32	40.59
Levered Free Cash Flow	33.25	23.11	-25.5	46.83	8.45
Unlevered Free Cash Flow	75.61	51.32	41.73	33.86	34.72

SEC Filings: 10-K · 10-Q