Latest: Q3 2026 · from the cash-flow statements filed with the SEC
Free cash flow$291M in Q3 2026 · $980M over twelve months
Operating cash flow$291M
Free cash flow+$291M
Cash / net income1.4×
Analysis
In Q3 2026, Primerica generated $291M of operating cash flow. That is $88.5M more than in Q3 2025 ($203M).
Over the twelve months to Sep 30, 2026, operating cash flow was $980M; the largest uses were buybacks ($466M), other investing ($218M), dividends ($146M); the cash balance rose by $138M.
Operating cash flow was $291M against net income of $209M — 1.4× profit, cash ran ahead of reported earnings. The largest differences: income taxes payable +$37.7M, depreciation & amortization +$4.3M, stock-based pay +$2.4M.
Free cash flow
Operating cash flow less capital spending.Latest (Q3 2026): Operating cash flow $291M, Capital spending $0.
Capital allocation, year by year
Over these 5 years operating cash flow totalled $3.9B; the largest uses were buybacks ($1.6B) and dividends ($501M). Cash-flow statements as filed.
Cash runway and the debt wall
Cash & investments$783M
Debtnone
Net cash$783M
Primerica funds itself: free cash flow was $980M over the last twelve months, with $783M of cash and investments and no debt on the balance sheet.
Where the cash came from and went
From profit to cash
Non-cash charges are added back; money tied up in receivables or inventory is subtracted.
Every quarter
Quarter
Operating cash flow
Buybacks
Dividends
Net borrowing (+) / repaid (−)
Cash drawn (+) / kept (−)
Free cash flow
Q3 2026
$291M
−$122M
−$37.1M
−$59K
−$183M
$291M
Q2 2026
$194M
−$135M
−$37.5M
−$59K
$45.6M
$194M
Q1 2026
$157M
−$135M
−$38.1M
−$58K
$110M
$157M
Q4 2025
$338M
−$74.0M
−$33.3M
−$57K
−$111M
$338M
Q3 2025
$203M
−$129M
−$33.8M
−$68K
−$23.7M
$203M
Q2 2025
$163M
−$129M
−$34.2M
−$69K
$3.9M
$163M
Q1 2025
$197M
−$118M
−$34.7M
−$68K
$62.7M
$197M
Q4 2024
$271M
−$44.4M
−$30.2M
−$64K
−$138M
$271M
Primerica: income statement and cash flow
Primerica, Q3 2026: revenue $902M (+7% year over year), operating margin 30.2%. The chart follows the revenue to costs, profit and cash.
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.