Filing Flows

Filing Flows › Companies › Renaissancere Holdings › Cash flow

Renaissancere Holdings cash flow, quarter by quarter

Latest: Q3 2026 · from the cash-flow statements filed with the SEC

Free cash flow$795M in Q3 2026 · $2.8B over twelve months

Operating cash flow$795M
Free cash flow+$795M

Analysis

In Q3 2026, Renaissancere Holdings generated $795M of operating cash flow. That is $788M less than in Q3 2025 ($1.6B).

Over the twelve months to Sep 30, 2026, operating cash flow was $2.8B; the largest uses were buybacks ($1.7B), partners ($1.0B), other investing ($744M); besides operations, cash came from net borrowing (+) / repaid (−) ($99.2M), other financing ($65.8M); the cash balance fell by $603M.

Operating cash flow was $795M against net income of −$1.8M. The largest differences: gains on investments +$880M, other operating capital −$97.7M, depreciation & amortization −$25.4M.

Free cash flow

Renaissancere Holdings: free cash flow by quarterRenaissancere Holdings: free cash flow by quarter$779MQ4 2024$158MQ1 2025$1.5BQ2 2025$1.6BQ3 2025$483MQ4 2025$688MQ1 2026$852MQ2 2026$795MQ3 2026
Operating cash flow less capital spending.
Renaissancere Holdings: operating cash flow against capital spendingRenaissancere Holdings: operating cash flow against capital spendingOperating cash flowCapital spending$779M$0Q4 2024$158M$0Q1 2025$1.5B$0Q2 2025$1.6B$0Q3 2025$483M$0Q4 2025$688M$0Q1 2026$852M$0Q2 2026$795M$0Q3 2026
Latest (Q3 2026): Operating cash flow $795M, Capital spending $0.

Capital allocation, year by year

Renaissancere Holdings: where the cash came from (up) and went (down), by fiscal yearRenaissancere Holdings: where the cash came from (up) and went (down), by fiscal yearOperating cash flowNet borrowingShares issuedAcquisitionsBuybacksDividendsFY2021: Operating cash flow $1.2BFY2021: Net borrowing $30.0MFY2021: Shares issued $489MFY2021: Buybacks −$1.0BFY2021: Dividends −$67.8M$1.8BFY2021FY2022: Operating cash flow $1.6BFY2022: Buybacks −$167MFY2022: Dividends −$64.7M$1.6BFY2022FY2023: Operating cash flow $1.9BFY2023: Net borrowing $786MFY2023: Shares issued $1.4BFY2023: Acquisitions −$2.4BFY2023: Dividends −$75.1M$4.0BFY2023FY2024: Operating cash flow $4.2BFY2024: Net borrowing −$75.0MFY2024: Buybacks −$667MFY2024: Dividends −$80.8M$4.2BFY2024FY2025: Operating cash flow $3.7BFY2025: Net borrowing $439MFY2025: Buybacks −$1.6BFY2025: Dividends −$74.8M$4.1BFY2025
Over these 5 years operating cash flow totalled $12.6B; the largest uses were buybacks ($3.5B) and acquisitions ($2.4B). Cash-flow statements as filed.

Cash runway and the debt wall

Cash & investments$1.1B
Debt$2.3B
Net debt$1.2B

Renaissancere Holdings funds itself: free cash flow was $2.8B over the last twelve months, and $1.1B of cash and investments stands against $2.3B of debt.

Renaissancere Holdings: debt maturities by year (FY2025)Renaissancere Holdings: debt maturities by year (FY2025)$300MYear 2$400MYear 4$1.6BAfter year 5
Principal due in each year as disclosed in the annual report, against $1.1B of cash and investments now.

Where the cash came from and went

Renaissancere Holdings: sources (+) and uses (−) of cash, Q3 2026Renaissancere Holdings: sources (+) and uses (−) of cash, Q3 2026Operating cash flow$795MOther investing−$617MBuybacks−$310MCash drawn (+) / kept (−)$204MPartners−$51.3MDividends−$17.0MOther financing−$2.7MTaxes on employees’ shares−$182KExchange rates$101K
Renaissancere Holdings: sources (+) and uses (−) of cash, TTM to Q3 2026Renaissancere Holdings: sources (+) and uses (−) of cash, TTM to Q3 2026Operating cash flow$2.8BBuybacks−$1.7BPartners−$1.0BOther investing−$744MCash drawn (+) / kept (−)$603MNet borrowing (+) / repaid (−)$99.2MDividends−$69.1MOther financing$65.8MExchange rates−$30.4MTaxes on employees’ shares−$29.3M

From profit to cash

Renaissancere Holdings: net income to operating cash flow, Q3 2026Renaissancere Holdings: net income to operating cash flow, Q3 2026Net income−$1.8MDepreciation & amortization−$25.4MGains on investments$880MOther operating capital−$97.7MOperating cash flow$795M
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$795M−$310M−$17.0M—$204M$795M
Q2 2026$852M−$350M−$16.9M—$261M$852M
Q1 2026$688M−$352M−$17.6M—$168M$688M
Q4 2025$483M−$660M−$17.6M$99.2M−$29.6M$483M
Q3 2025$1.6B−$208M−$18.5M−$35.1M−$273M$1.6B
Q2 2025$1.5B−$374M−$19.2M−$41.3M$204M$1.5B
Q1 2025$158M−$358M−$19.5M$866M$43.8M$158M
Q4 2024$779M−$452M−$20.0M−$50.0M−$104M$779M

Renaissancere Holdings: income statement and cash flow

Renaissancere Holdings, Q3 2026: revenue $1.7B (-47% year over year), operating margin -1.9%. The chart follows the revenue to costs, profit and cash.

Renaissancere 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.