Filing Flows

Filing Flows › Companies › James River Group Holdings › Cash flow

James River Group Holdings cash flow, quarter by quarter

Latest: Q2 2026 · from the cash-flow statements filed with the SEC

Free cash flow−$5.9M in Q2 2026 · −$2.3M over twelve months

Operating cash flow−$5.1M
Capital spending−$855K
Free cash flow−$5.9M
Cash / net income-0.8×

Analysis

In Q2 2026, James River Group Holdings generated −$5.1M of operating cash flow and spent $855K on capital projects, leaving free cash flow of −$5.9M. That is $30.6M less than in Q2 2025 ($24.7M).

Over the twelve months to Jun 30, 2026, operating cash flow was $1.8M; the largest uses were other investing ($32.1M), other financing ($7.9M), capital spending ($4.1M); the cash balance fell by $45.2M.

Operating cash flow was −$5.1M against net income of $6.4M — -0.8× profit, less cash than reported earnings, worth checking against working capital. The largest differences: stock-based pay +$1.2M, gains on investments −$999K, impairments −$0.

Free cash flow

James River Group Holdings: free cash flow by quarterJames River Group Holdings: free cash flow by quarter−$271MQ3 2024$4.7MQ4 2024−$52.7MQ1 2025$24.7MQ2 2025$33.7MQ3 2025−$29.3MQ4 2025−$766KQ1 2026−$5.9MQ2 2026
Operating cash flow less capital spending.
James River Group Holdings: operating cash flow against capital spendingJames River Group Holdings: operating cash flow against capital spendingOperating cash flowCapital spending−$270M$830KQ3 2024$7.5M$2.7MQ4 2024−$51.5M$1.2MQ1 2025$25.2M$459KQ2 2025$34.3M$663KQ3 2025−$26.8M$2.5MQ4 2025−$684K$82KQ1 2026−$5.1M$855KQ2 2026
Latest (Q2 2026): Operating cash flow −$5.1M, Capital spending $855K.

Capital allocation, year by year

James River Group Holdings: where the cash came from (up) and went (down), by fiscal yearJames River Group Holdings: where the cash came from (up) and went (down), by fiscal yearOperating cash flowNet borrowingShares issuedAsset salesCapital spendingBuybacksDividendsFY2021: Operating cash flow −$914MFY2021: Shares issued $194MFY2021: Capital spending −$6.3MFY2021: Buybacks −$3.1MFY2021: Dividends −$43.2M$194MFY2021FY2022: Operating cash flow $223MFY2022: Net borrowing −$40.0MFY2022: Shares issued $145MFY2022: Capital spending −$8.2MFY2022: Buybacks −$1.3MFY2022: Dividends −$7.8M$368MFY2022FY2023: Operating cash flow $88.0MFY2023: Capital spending −$6.4MFY2023: Dividends −$7.7M$88.0MFY2023FY2024: Operating cash flow −$247MFY2024: Net borrowing −$21.5MFY2024: Shares issued $12.5MFY2024: Asset sales $96.4MFY2024: Capital spending −$4.9MFY2024: Dividends −$6.2M$109MFY2024FY2025: Operating cash flow −$18.8MFY2025: Net borrowing $25.0MFY2025: Capital spending −$4.8MFY2025: Dividends −$2.0M$25.0MFY2025
Over these 5 years operating cash flow totalled −$869M; the largest uses were operating cash flow ($1.2B) and dividends ($67.0M). Cash-flow statements as filed.

Cash runway and the debt wall

Cash & investments$196M
Debtnone
Net cash$196M
Cash runway8.2 years

James River Group Holdings is burning cash: its operations consume cash, a free cash flow of −$23.8M a year at the current rate against $196M of cash and investments: a runway of about 8.2 years before any new financing.

Where the cash came from and went

James River Group Holdings: sources (+) and uses (−) of cash, Q2 2026James River Group Holdings: sources (+) and uses (−) of cash, Q2 2026Cash drawn (+) / kept (−)$32.0MOther investing−$23.6MOperating cash flow−$5.1MOther financing−$2.0MCapital spending−$855KDividends−$464KTaxes on employees’ shares−$6K
James River Group Holdings: sources (+) and uses (−) of cash, TTM to Q2 2026James River Group Holdings: sources (+) and uses (−) of cash, TTM to Q2 2026Cash drawn (+) / kept (−)$45.2MOther investing−$32.1MOther financing−$7.9MCapital spending−$4.1MDividends−$1.9MOperating cash flow$1.8MTaxes on employees’ shares−$872K

From profit to cash

James River Group Holdings: net income to operating cash flow, Q2 2026James River Group Holdings: net income to operating cash flow, Q2 2026Net income$6.4MStock-based pay$1.2MGains on investments−$999KOperating cash flow−$5.1M
Non-cash charges are added back; money tied up in receivables or inventory is subtracted.

Every quarter

QuarterOperating cash flowCapital spendingDividendsNet borrowing (+) / repaid (−)Cash drawn (+) / kept (−)Free cash flow
Q2 2026−$5.1M−$855K−$464K—$32.0M−$5.9M
Q1 2026−$684K−$82K−$521K—$33.3M−$766K
Q4 2025−$26.8M−$2.5M−$470K—−$1.0M−$29.3M
Q3 2025$34.3M−$663K−$467K—−$19.0M$33.7M
Q2 2025$25.2M−$459K−$461K—$59.1M$24.7M
Q1 2025−$51.5M−$1.2M−$600K$25.0M$82.6M−$52.7M
Q4 2024$7.5M−$2.7M−$437K—−$2.9M$4.7M
Q3 2024−$270M−$830K−$1.9M—$312M−$271M

James River Group Holdings: income statement and cash flow

James River Group Holdings, Q2 2026: revenue $161M (-8% year over year), operating margin 5.2%. The chart follows the revenue to costs, profit and cash.

James River Group Holdings: every quarter, Q/Q and Y/Y → Open in the app

Read automatically from the company’s XBRL cash-flow statements; quarterly figures for the fourth quarter are the year less the first three. Errors are possible. Not investment advice.