TWFG, Inc. (TWFG)
NASDAQ: TWFG · Real-Time Price · USD
25.70
-1.03 (-3.85%)
Sep 21, 2026, 1:38 PM EDT - Market open
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 | 8.8 | 7.96 | 2.75 | 26.1 | 20.61 |
Depreciation & Amortization | 23.61 | 17.65 | 11.04 | 4.86 | 3.3 |
Other Amortization | 0.72 | 0.7 | 0.98 | - | - |
Loss (Gain) From Sale of Assets | -1.25 | -1.12 | - | -0.08 | -0.89 |
Stock-Based Compensation | 3.88 | 4.58 | 2.22 | - | - |
Other Operating Activities | 48.34 | 34.55 | 26.9 | -0.12 | 3.3 |
Change in Accounts Receivable | -4.89 | 0.37 | -1.76 | -0.38 | -1.55 |
Change in Accounts Payable | - | - | - | - | -0.07 |
Change in Other Net Operating Assets | -18.43 | -11.19 | -1.65 | -1.06 | -2.62 |
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 | 0.04 | 0.05 | - | - | 0.04 |
Divestitures | 1.97 | 1.84 | - | 0.93 | -5 |
Sale (Purchase) of Intangibles | -67.92 | -61.91 | -21.85 | -15.39 | -9.76 |
Investment in Securities | -10 | -10 | - | - | - |
Other Investing Activities | - | - | - | 0.06 | 0.33 |
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 | - | -1.91 | -43.44 | -2.64 | -2.56 |
Net 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 | - | - | - |
Common Dividends Paid | -21.16 | -15.86 | -9.31 | -33.41 | -20.56 |
Other Financing Activities | 5.97 | 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% | - |
Free Cash Flow Margin | 20.25% | 21.39% | 18.30% | 17.38% | 16.66% |
Free Cash Flow Per Share | 4.10 | 3.52 | 2.49 | 47.32 | 40.59 |
Levered Free Cash Flow | -32.68 | -35.81 | -0.18 | 23.22 | - |
Unlevered Free Cash Flow | -32.52 | -35.63 | 1.21 | 23.85 | - |
Additional Metrics
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 |
Cash Interest Paid | 0.16 | 0.19 | 2.3 | 0.83 | 0.4 |
Cash Income Tax Paid | 6.33 | 3.27 | - | - | - |
Change in Working Capital | -23.32 | -10.82 | -3.4 | -1.44 | -4.24 |