Ryan Specialty Quarterly Cash Flow Statement
NYSE: RYANFinanceSpecialty InsurersUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Ryan Specialty free cash flow
In the quarter ended Jun 30, 2026, Ryan Specialty generated $293.0 million of operating cash flow and spent $1.6 million on capital expenditures. That left free cash flow of $291.5 million, a free-cash-flow margin of 31.8% of revenue. Free cash flow was down 17.6% from the prior year's $353.6 million.
Ryan Specialty returned $276.7 million to shareholders: $16.5 million in dividends and $260.2 million in share repurchases, equal to 95% of free cash flow. Free cash flow covered dividend payments 17.7 times.
Summary generated from market data by MetaCap's automated system. Methodology
Ryan Specialty cash flow statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 108.38M | 40.60M | 31.24M | 62.60M | 124.70M | -4.39M | 42.55M | 28.64M | 118.04M | 40.68M | 58.50M | 15.70M |
| Net Income growth (YoY) | -13.09% | — | -26.59% | +118.56% | +5.65% | -110.79% | -27.26% | +82.40% | +40.83% | +11.58% | +27.79% | -46.37% |
| Depreciation & Amortization | 4.13M | 4.06M | 3.96M | 3.61M | 2.89M | 2.64M | 2.96M | 2.47M | 2.27M | 2.08M | 2.47M | 2.20M |
| Stock-Based Compensation | 21.39M | 17.35M | 18.46M | 11.19M | 19.93M | 19.87M | 17.33M | 23.46M | 20.89M | 17.31M | 15.61M | 17.61M |
| Change in Working Capital | 43.35M | -287.02M | 99.50M | 32.56M | 96.24M | -274.94M | 88.32M | -9.96M | 85.07M | -213.15M | -53.22M | 66.47M |
| Operating Cash Flow | 293.03M | -167.41M | 263.25M | 169.66M | 353.58M | -142.82M | 259.64M | 100.94M | 270.83M | -116.54M | 226.87M | 105.50M |
| Capital Expenditures | -1.56M | 0 | 0 | -2.35M | 0 | -664.00K | 0 | 0 | 0 | 0 | -13.76M | -10.65M |
| Investing Cash Flow | -18.72M | -13.27M | -126.83M | -88.20M | -45.95M | -573.03M | -469.30M | -1.05B | -229.07M | -7.63M | -94.30M | -272.66M |
| Dividends Paid | -16.50M | -16.70M | -15.50M | -15.30M | -15.10M | -15.10M | -13.70M | -13.48M | -13.00M | -40.02M | 0 | 0 |
| Share Repurchases | -260.16M | -40.02M | — | — | 0 | 0 | — | — | — | — | — | — |
| Financing Cash Flow | 3.96M | 86.28M | 72.80M | -229.05M | -102.47M | 336.84M | 541.51M | 553.16M | 82.39M | -10.20M | 19.35M | -182.78M |
| Net Change in Cash | 278.00M | -99.58M | 210.60M | -144.89M | 206.90M | -368.94M | 324.69M | -387.99M | 122.79M | -135.02M | 153.33M | -350.11M |
| Free Cash Flow | 291.47M | -167.41M | 263.25M | 167.31M | 353.58M | -143.49M | 259.64M | 100.94M | 270.83M | -116.54M | 213.10M | 94.85M |
This table shows 12 quarterly periods of Ryan Specialty's cash flow statement, from Q2 2026 back to Q3 2023, across 12 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow RYAN's reporting calendar. What is a cash flow statement?