$14.61
-1.9%Accelerant Holdings, together with its subsidiaries, operate a data-driven risk exchange that connects selected specialty insurance underwriters with risk capital partners. The Exchange Services segment consists of risk exchange, its operating platform that incorporates various technology, data ingestion, and agency operations that serve the needs of its members and risk capital partners. Its Risk capital partners write premiums directly through the Risk Exchange pay us a fixed-percentage, volume-based fee for sourcing, managing, and monitoring the business they write. The MGA Operations segment includes the fees earned by members, predominantly for originating and underwriting a portfolio of insurance policies, reduced by the expenses associated with providing services. The Underwriting segment is involved in underwriting insurance policies and assumption of reinsurance policies issued or accepted by consolidated insurance companies. Its Underwriting segment is a strategic asset that enables access to portfolio for current and prospective risk capital partners. The activities of insurance companies include property and casualty insurance, policy issuance, and reinsurance arrangements. The company focuses on small-to-medium sized commercial clients primarily in the United States, Europe, Canada, and the United Kingdom. The company was founded in 2018 and is based in Grand Cayman, the Cayman Islands.
Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.
Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.
Deteriorating cash generation: Both declining FCF and weak conversion rate signal fundamental challenges. Investigate margin pressure, rising costs, or working capital issues.
ARX โข NYSE
| Accelerant Holdings Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
OPERATING ACTIVITIES | |||||
-1.3B | 22.4M | -64.1M | -96.4M | -24.4M | |
35.2M | 26.6M | 14.5M | 5.8M | 1.6M | |
-32M | -40.9M | 300K | -5.8M | -1.7M | |
43.1M | 8.4M | 4.8M | 0.0 | 0.0 | |
1.3B | -32.1M | -22.1M | 4.2M | 9.5M | |
397.8M | 801.1M | 356.5M | 157.9M | 127.7M | |
445.1M | 785.5M | 289.9M | 65.7M | 112.7M | |
INVESTING ACTIVITIES | |||||
-41.4M | -34.4M | -32.6M | -26.7M | -14.7M | |
-10.4M | -4.8M | (2.2M) | -11.2M | -21.2M | |
-509.3M | -557.6M | -122M | -263.5M | -125.4M | |
388M | 218M | 140.8M | 153.3M | 28.9M | |
-500K | -1.3M | -100K | 600K | -100K | |
-173.6M | -380.1M | -11.7M | -147.5M | -132.5M | |
FINANCING ACTIVITIES | |||||
216.7M | 0.0 | 0.0 | 0.0 | 30.9M | |
-800K | -700K | 18M | 51.3M | 49.5M | |
-175.3M | (0.0) | (0.0) | (0.0) | (0.0) | |
165.2M | -3.5M | -8.4M | -1.4M | 0.0 | |
205.8M | 110.3M | 10.3M | 254.7M | 233.7M | |
CASH FLOW SUMMARY | |||||
49M | -18.3M | 3.3M | -14.6M | 2.2M | |
526.3M | 497.4M | 291.8M | 158.3M | 216.1M | |
1.3B | 775.8M | 484M | 325.7M | 85.8M | |
1.8B | 1.3B | 775.8M | 484M | 301.9M | |
403.7M | 751.1M | 257.3M | 39M | 98M |
ARX - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 29, 2026 | May 29, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 13, 2026 | May 13, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 13, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 12, 2026 | May 12, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | March 30, 2026 | May 12, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 18, 2026 | March 13, 2026 | 2026 | |
10-K 10-K 2025 FY FY | March 18, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 27, 2026 | February 26, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 27, 2026 | February 27, 2026 | 2026 | |
8-K 8-K 2025 N/A | November 12, 2025 | November 12, 2025 | 2025 |
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