Filing Flows

Filing Flows › Companies › Primerica › Cash flow

Primerica cash flow, quarter by quarter

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

Primerica: free cash flow by quarterPrimerica: free cash flow by quarter$271MQ4 2024$197MQ1 2025$163MQ2 2025$203MQ3 2025$338MQ4 2025$157MQ1 2026$194MQ2 2026$291MQ3 2026
Operating cash flow less capital spending.
Primerica: operating cash flow against capital spendingPrimerica: operating cash flow against capital spendingOperating cash flowCapital spending$271M$0Q4 2024$197M$0Q1 2025$163M$0Q2 2025$203M$0Q3 2025$338M$0Q4 2025$157M$0Q1 2026$194M$0Q2 2026$291M$0Q3 2026
Latest (Q3 2026): Operating cash flow $291M, Capital spending $0.

Capital allocation, year by year

Primerica: where the cash came from (up) and went (down), by fiscal yearPrimerica: where the cash came from (up) and went (down), by fiscal yearOperating cash flowNet borrowingAcquisitionsBuybacksDividendsFY2021: Operating cash flow $657MFY2021: Net borrowing $213MFY2021: Acquisitions −$494MFY2021: Buybacks −$18.8MFY2021: Dividends −$74.6M$870MFY2021FY2022: Operating cash flow $758MFY2022: Net borrowing −$262KFY2022: Acquisitions $3.9MFY2022: Buybacks −$356MFY2022: Dividends −$83.8M$762MFY2022FY2023: Operating cash flow $693MFY2023: Net borrowing −$265KFY2023: Buybacks −$375MFY2023: Dividends −$93.7M$693MFY2023FY2024: Operating cash flow $862MFY2024: Net borrowing −$256KFY2024: Buybacks −$425MFY2024: Dividends −$113M$862MFY2024FY2025: Operating cash flow $901MFY2025: Net borrowing −$262KFY2025: Buybacks −$450MFY2025: Dividends −$136M$901MFY2025
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

Primerica: sources (+) and uses (−) of cash, Q3 2026Primerica: sources (+) and uses (−) of cash, Q3 2026Operating cash flow$291MCash drawn (+) / kept (−)−$183MBuybacks−$122MOther investing$50.4MDividends−$37.1MNet borrowing (+) / repaid (−)−$59KTaxes on employees’ shares−$18KExchange rates$5K
Primerica: sources (+) and uses (−) of cash, TTM to Q3 2026Primerica: sources (+) and uses (−) of cash, TTM to Q3 2026Operating cash flow$980MBuybacks−$466MOther investing−$218MDividends−$146MCash drawn (+) / kept (−)−$138MTaxes on employees’ shares−$6.8MOther financing−$4.2MExchange rates−$505KNet borrowing (+) / repaid (−)−$233K

From profit to cash

Primerica: net income to operating cash flow, Q3 2026Primerica: net income to operating cash flow, Q3 2026Net income$209MDepreciation & amortization$4.3MStock-based pay$2.4MGains on investments$169KIncome taxes payable$37.7MOther operating capital−$1.9MOperating cash flow$291M
Non-cash charges are added back; money tied up in receivables or inventory is subtracted.

Every quarter

QuarterOperating cash flowBuybacksDividendsNet 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.

Primerica: 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.