TMHC · As filed with the SEC

Taylor Morrison Home cash flow statement, by quarter

The statement as Taylor Morrison Home presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.

Condensed Consolidated Statements of Cash Flows · USD thousands

USD thousands	Q1 2026 3 months ended Mar 31, 2026	Q4 2025^† 3 months ended Dec 31, 2025	Q3 2025^† 3 months ended Sep 30, 2025	Q2 2025^† 3 months ended Jun 30, 2025
Cash Flows from Operating Activities
Net income before allocation to non-controlling interests	100,429	177,096^†	204,451^†	195,985^†
Adjustments to reconcile net income to net cash (used in)/provided by operating activities:
Net income from unconsolidated entities	(2,877)	(1,313)^†	(1,253)^†	(326)^†
Stock compensation expense	6,560	6,712^†	6,536^†	8,016^†
Distributions of earnings from unconsolidated entities	4,577	2,705^†	2,821^†	4,167^†
Depreciation and amortization	10,735	10,610^†	10,405^†	10,146^†
Operating lease expense	—	—	4,301^†	4,718^†
Lease expense	5,000	—	—	—
Debt issuance costs amortization	800	732^†	668^†	667^†
Estimated development liability change in estimate	—	0^†	—	—
Inventory impairment charges	8,182	0^†	7,189^†	6,754^†
Land held for sale write-down	—	—	0^†	—
Change in Build-to-Rent/Urban Form assets due to sale	—	45,323^†	—	—
Changes in operating assets and liabilities:
Real estate inventory and land deposits	(127,337)	262,364^†	87,351^†	(243,194)^†
Mortgage loans held for sale, prepaid expenses and other assets	(6,083)	19,617^†	(42,650)^†	(114,033)^†
Customer deposits	29,498	(38,404)^†	(48,053)^†	(31,232)^†
Accounts payable, accrued expenses and other liabilities	(40,102)	133,957^†	(34,050)^†	99,432^†
Income taxes payable	187	8,146^†	0^†	(67,057)^†
Net cash (used in)/provided by operating activities	(10,431)	646,431^†	219,640^†	(125,957)^†
Cash Flows from Investing Activities:
Purchase of property and equipment	(9,963)	(11,132)^†	(13,047)^†	(7,680)^†
Distributions of capital from unconsolidated entities	8,750	11,621^†	10,168^†	8,612^†
Investments of capital into unconsolidated entities	(6,483)	(12,132)^†	(24,909)^†	(11,945)^†
Purchase of fixed-maturity securities	(15,727)	—	—	—
Proceeds from sale and maturities of fixed-maturity securities	6,285	—	—	—
Purchase of equity securities	(995)	—	—	—
Net cash used in investing activities	(18,133)	(70,866)^†	(27,788)^†	(11,013)^†
Cash Flows from Financing Activities
Increase in loans payable and other borrowings	—	58,167^†	—	—
Repayments on loans payable and other borrowings	(9,618)	0^†	(1,250)^†	0^†
Borrowings on revolving credit facilities	—	0^†	140,000^†	—
Repayments on revolving credit facilities	—	0^†	(140,000)^†	—
Borrowings on mortgage warehouse facilities	531,191	861,916^†	880,126^†	870,111^†
Repayments on mortgage warehouse facilities	(522,941)	(929,486)^†	(901,270)^†	(874,533)^†
Payment of deferred financing costs	—	(12,830)^†	—	—
Changes in stock option exercises and issuance of restricted stock units, net	(7,570)	443^†	4,087^†	640^†
Payment of principal portion of finance lease	(1,321)	(21)^†	(21)^†	(22)^†
Repurchase of common stock, net	(149,578)	(71,370)^†	(74,553)^†	(100,000)^†
Cash and distributions to non-controlling interests of consolidated joint ventures	(9,397)	0^†	0^†	(3,065)^†
Net cash used in financing activities	(169,234)	(95,251)^†	44,801^†	(106,869)^†
Net Decrease in Cash and Cash Equivalents and Restricted Cash	(197,798)	480,314^†	236,653^†	(243,839)^†
Cash, Cash Equivalents, and Restricted Cash — Beginning of period	851,231	370,917	134,264	378,103
Cash, Cash Equivalents, and Restricted Cash — End of period	653,433	851,231	370,917	134,264
Supplemental Cash Flow Information
Income taxes paid, net	677	(73,758)^†	(73,478)^†	(156,705)^†
Supplemental Non-Cash Investing and Financing Activities:
Loans payable issued to sellers in connection with land purchase contracts	76,886	160,005^†	29,163^†	57,200^†
Change in inventory not owned	—	—	0^†	(32,200)^†
Accrual of excise tax on share repurchases	—	—	(642)^†	(980)^†
Change in consolidated real estate not owned	6,332	—	—	—
Accrual of excise tax on share repurchases	(1,227)	—	—	—

† Derived: worked out from the filings, not stated in them. A fourth quarter is the 10-K year less the nine months in the third-quarter 10-Q; a quarter of cash flows is year to date less the prior year to date.

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.