For the year ending 2025-12-31, HCIIP had $677,689K increase in cash & cash equivalents over the period. $440,816K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 320,395 |
| Stock-based compensation expense | 10,970 |
| Net accretion of discount on investments in available-for-sale fixed-maturity securities | 2,461 |
| Depreciation and amortization | 11,217 |
| Deferred income tax expense (benefit) | -1,918 |
| Net realized investment (gains) losses | 2,753 |
| Net unrealized investment losses (gains) | 123 |
| Net loss (income) from limited partnership investments | -820 |
| Distributions of return on investment from limited partnership investments | 1 |
| Loss on extinguishment of debt | 0 |
| Debt conversion expense | 1,125 |
| Gain on sale of real estate investments | 440 |
| Foreign currency remeasurement loss | -172 |
| Other non-cash items | -301 |
| Income taxes | -6,462 |
| Premiums receivable, net | 6,912 |
| Assumed premiums receivable | 0 |
| Prepaid reinsurance premiums | -41,933 |
| Reinsurance recoverable | -268,634 |
| Deferred policy acquisition costs | 5,419 |
| Funds withheld for assumed business | -6,436 |
| Other assets | 10,887 |
| Losses and loss adjustment expenses | -269,405 |
| Unearned premiums | 58,625 |
| Advance premiums | 435 |
| Reinsurance payable on paid losses and loss adjustment expenses | -2,496 |
| Ceded reinsurance premiums payable | -9,278 |
| Assumed premiums payable | -432 |
| Reinsurance recovered in advance on unpaid losses | 0 |
| Accrued expenses and other liabilities | 10,891 |
| Net cash (used in) provided by operating activities | 444,449 |
| Investments in limited partnerships | 0 |
| Distributions of return of capital from limited partnership investments | 2,291 |
| Distributions received from unconsolidated joint venture | 0 |
| Purchase of property and equipment | 3,633 |
| Purchase of real estate investments | 28,386 |
| Purchase of intangible assets | 0 |
| Purchase of available-for-sale fixed-maturity securities | 508,530 |
| Purchase of equity securities | 41,739 |
| Purchase of other investments | 5,000 |
| Purchase of short-term and other investments | 0 |
| Proceeds from sales of property and equipment | 0 |
| Proceeds from sales of real estate investments | 2,013 |
| Proceeds from sales of available-for-sale fixed-maturity securities | 7,655 |
| Proceeds from calls, repayments and maturities of available-for-sale fixed-maturity securities | 627,578 |
| Proceeds from sales of equity securities | 35,023 |
| Proceeds from sales, redemptions and maturities of short-term and other investments | 0 |
| Net cash provided by (used in) investing activities | 87,272 |
| Common stock dividends | 19,289 |
| (repayment) borrowing under revolving credit facility, net | -8,000 |
| Proceeds from issuance of common stock, net of issuance costs | 0 |
| Proceeds from issuance of noncontrolling interests | 156,205 |
| Issuance costs - noncontrolling interests | 1,069 |
| Dividends paid to redeemable noncontrolling interests | 0 |
| Proceeds from issuance of long-term debt | 17,000 |
| Subscriber surplus contributions, net | 6,672 |
| Repayment of long-term debt | 646 |
| Redemption of long-term debt | 0 |
| Debt conversion costs paid | 1,125 |
| Payment of net share settlements and other | 1,524 |
| Redemption of redeemable noncontrolling interests | 0 |
| Payment of net share settlements of noncontrolling interests and other | -1,489 |
| Debt issuance costs paid | 538 |
| Net cash (used in) provided by financing activities | 146,197 |
| Effect of exchange rate changes on cash | -229 |
| Net increase (decrease) in cash and cash equivalents and restricted cash | 677,689 |
| Cash, cash equivalents and restricted cash at beginning of year | 536,185 |
| Cash, cash equivalents and restricted cash at end of year | 1,213,874 |
HCI Group, Inc. (HCIIP)
HCI Group, Inc. (HCIIP)