For the quarter ending 2026-03-31, ESNT had $5,213K increase in cash & cash equivalents over the period. $191,226K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 171,799 | 154,982 | 164,215 | 370,772 |
| Realized investment losses, net | -147 | -188 | -425 | -310 |
| Income from other invested assets | 10,179 | 3,942 | 1,770 | 11,874 |
| Distribution of income from other invested assets | 1,346 | 4,200 | 5,173 | 3,327 |
| Depreciation and amortization | 1,233 | 1,254 | 1,265 | 2,714 |
| Loss on disposal of property and equipment | - | -2 | -66 | - |
| Stock-based compensation expense | 7,338 | 4,043 | 3,862 | 12,942 |
| Amortization of premium on investment securities | 3,802 | 3,867 | 3,504 | 7,007 |
| Deferred income tax provision (benefit) | -5,209 | 25,206 | 1,985 | 21,409 |
| Accrued investment income | -2,496 | 4,367 | -2,936 | 2,208 |
| Accounts receivable | 92,945 | -2,498 | 1,864 | -3,786 |
| Deferred policy acquisition costs | 47,354 | 356 | -46 | -416 |
| Prepaid federal income tax | 0 | 22,969 | -6,900 | 7,756 |
| Other assets | 30,433 | 8,149 | 427 | 2,147 |
| Reserve for losses and lae | 38,844 | 49,684 | 32,389 | 35,883 |
| Unearned premium reserve | 134,576 | -4,852 | -5,801 | -13,601 |
| Other accrued liabilities | 16,583 | 27,803 | 2,953 | -9,876 |
| Net cash provided by operating activities | 192,044 | 229,092 | 215,857 | 411,104 |
| Net change in short-term investments | -25,458 | 8,415 | 57,043 | -180,990 |
| Purchase of investments available for sale | 257,426 | 309,524 | 208,601 | 602,313 |
| Proceeds from maturity and paydowns of investments available for sale | 212,993 | 200,561 | 216,016 | 414,860 |
| Proceeds from sales of investments available for sale | 39,317 | 89,426 | 4,171 | 6,226 |
| Purchase of other invested assets | 5,742 | 14,123 | 15,068 | 48,617 |
| Return of investment from other invested assets | 2,798 | 1,423 | 1,416 | 1,241 |
| Net cash paid in acquisition | - | 0 | - | - |
| Purchase of intangible assets | - | 0 | - | - |
| Purchase of property and equipment and capitalization of internal-use software | 818 | 1,140 | 5,261 | 963 |
| Net cash provided by investing activities | 16,580 | -41,792 | -64,370 | -48,576 |
| Issuance of senior notes | - | 0 | 0 | - |
| Credit facility repayments | - | 0 | 0 | - |
| Treasury stock acquired | 170,860 | 126,180 | 122,137 | 339,362 |
| Payment of debt issuance costs | - | 0 | 0 | - |
| Dividends paid | 32,551 | 29,482 | 30,055 | 62,530 |
| Net cash used in financing activities | -203,411 | -155,662 | -152,192 | -401,892 |
| Net increase in cash | 5,213 | 31,638 | -705 | -39,364 |
| Cash at beginning of year | 123,049 | 91,411 | 131,480 | - |
| Cash at end of period | 128,262 | 123,049 | 91,411 | - |
Essent Group Ltd. (ESNT)
Essent Group Ltd. (ESNT)