Arrow Financial annual free cash flow
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2025
Arrow Financial Free Cash Flow (FCF) History (AROW)
Arrow Financial reported $36.2M in free cash flow for fiscal 2025, an increase of 25.35% from the previous fiscal year.
View full Arrow Financial company overviewArrow Financial free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $36.2M | $7.3M | +25.35% | — |
| 2024 | 2024-12-31 | $28.9M | $15.4M | +113.88% | — |
| 2023 | 2023-12-31 | $13.5M | −$32.0M | −70.31% | +10.08% |
| 2022 | 2022-12-31 | $45.5M | −$15.6M | −25.55% | +30.46% |
| 2021 | 2021-12-31 | $61.1M | $23.9M | +64.24% | +42.79% |
| 2020 | 2020-12-31 | $37.2M | $1.0M | +2.83% | +28.20% |
| 2019 | 2019-12-31 | $36.2M | −$714,000 | −1.94% | +31.01% |
| 2018 | 2018-12-31 | $36.9M | $1.6M | +4.68% | +32.64% |
| 2017 | 2017-12-31 | $35.2M | $2.0M | +5.93% | +33.45% |
| 2016 | 2016-12-31 | $33.3M | $5.9M | +21.79% | +33.46% |
| 2015 | 2015-12-31 | $27.3M | −$1.9M | −6.40% | +29.03% |
| 2014 | 2014-12-31 | $29.2M | −$5.3M | −15.29% | +32.63% |
| 2013 | 2013-12-31 | $34.4M | $10.1M | +41.22% | +40.87% |
| 2012 | 2012-12-31 | $24.4M | −$6.3M | −20.60% | +28.85% |
| 2011 | 2011-12-31 | $30.7M | $21.6M | +236.10% | +36.55% |
| 2010 | 2010-12-31 | $9.1M | −$7.7M | −45.71% | +11.37% |
| 2009 | 2009-12-31 | $16.8M | — | — | +21.05% |
Arrow Financial quarterly free cash flow
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| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $11.6M | $3.3M | +40.01% | — |
| Q1 2026 | 2026-03-31 | $13.9M | $5.1M | +58.49% | — |
| Q4 2025 | 2025-12-31 | $4.8M | $723,000 | +17.58% | — |
| Q3 2025 | 2025-09-30 | $14.3M | $6.2M | +77.42% | — |
| Q2 2025 | 2025-06-30 | $8.3M | $761,000 | +10.13% | — |
| Q1 2025 | 2025-03-31 | $8.8M | −$398,000 | −4.33% | — |
| Q4 2024 | 2024-12-31 | $4.1M | $21.0M | — | — |
| Q3 2024 | 2024-09-30 | $8.1M | −$1.7M | −17.76% | — |
| Q2 2024 | 2024-06-30 | $7.5M | −$2.5M | −25.22% | +21.47% |
| Q1 2024 | 2024-03-31 | $9.2M | −$1.4M | −13.14% | +26.79% |
| Q4 2023 | 2023-12-31 | −$16.9M | −$25.1M | — | −51.14% |
| Q3 2023 | 2023-09-30 | $9.8M | −$2.9M | −22.86% | +29.31% |
| Q2 2023 | 2023-06-30 | $10.1M | −$909,000 | −8.29% | +30.75% |
| Q1 2023 | 2023-03-31 | $10.6M | −$3.1M | −22.43% | +30.44% |
| Q4 2022 | 2022-12-31 | $8.2M | −$1.1M | −12.18% | +21.64% |
| Q3 2022 | 2022-09-30 | $12.7M | −$1.4M | −9.86% | +32.77% |
| Q2 2022 | 2022-06-30 | $11.0M | −$7.9M | −41.96% | +29.79% |
| Q1 2022 | 2022-03-31 | $13.6M | −$5.2M | −27.45% | +37.92% |
| Q4 2021 | 2021-12-31 | $9.3M | −$4.0M | −29.86% | +26.73% |
| Q3 2021 | 2021-09-30 | $14.1M | $4.0M | +39.31% | +38.76% |
| Q2 2021 | 2021-06-30 | $18.9M | $17.1M | +971.57% | +51.25% |
| Q1 2021 | 2021-03-31 | $18.8M | $6.8M | +56.03% | +54.10% |
| Q4 2020 | 2020-12-31 | $13.3M | $3.1M | +30.84% | +37.29% |
| Q3 2020 | 2020-09-30 | $10.1M | $784,000 | +8.41% | +30.09% |
| Q2 2020 | 2020-06-30 | $1.8M | −$6.3M | −78.17% | +5.51% |
| Q1 2020 | 2020-03-31 | $12.1M | $3.4M | +39.64% | +39.26% |
| Q4 2019 | 2019-12-31 | $10.1M | $4.5M | +79.44% | +33.78% |
| Q3 2019 | 2019-09-30 | $9.3M | −$2.3M | −19.46% | +31.09% |
| Q2 2019 | 2019-06-30 | $8.1M | $77,000 | +0.96% | +28.21% |
| Q1 2019 | 2019-03-31 | $8.6M | −$3.0M | −25.94% | +30.82% |
| Q4 2018 | 2018-12-31 | $5.6M | −$4.5M | −44.43% | +19.84% |
| Q3 2018 | 2018-09-30 | $11.6M | $4.3M | +58.55% | +40.84% |
| Q2 2018 | 2018-06-30 | $8.0M | −$74,000 | −0.92% | +27.68% |
| Q1 2018 | 2018-03-31 | $11.7M | $2.0M | +20.24% | +42.71% |
| Q4 2017 | 2017-12-31 | $10.2M | $994,000 | +10.84% | +37.55% |
| Q3 2017 | 2017-09-30 | $7.3M | −$2.3M | −24.05% | +27.26% |
| Q2 2017 | 2017-06-30 | $8.1M | $3.7M | +86.74% | +30.69% |
| Q1 2017 | 2017-03-31 | $9.7M | −$458,000 | −4.51% | +38.54% |
| Q4 2016 | 2016-12-31 | $9.2M | $645,000 | +7.57% | +36.65% |
| Q3 2016 | 2016-09-30 | $9.6M | $3.4M | +54.74% | +38.47% |
| Q2 2016 | 2016-06-30 | $4.3M | −$121,000 | −2.72% | +17.18% |
| Q1 2016 | 2016-03-31 | $10.2M | $2.0M | +24.90% | +41.88% |
| Q4 2015 | 2015-12-31 | $8.5M | −$28,000 | −0.33% | +35.56% |
| Q3 2015 | 2015-09-30 | $6.2M | −$994,000 | −13.79% | +26.20% |
| Q2 2015 | 2015-06-30 | $4.4M | −$1.5M | −25.47% | +18.81% |
| Q1 2015 | 2015-03-31 | $8.1M | $672,000 | +9.01% | +35.71% |
| Q4 2014 | 2014-12-31 | $8.6M | −$1.6M | −15.70% | +37.21% |
| Q3 2014 | 2014-09-30 | $7.2M | $54,000 | +0.75% | +31.73% |
| Q2 2014 | 2014-06-30 | $6.0M | −$2.5M | −29.79% | +26.89% |
| Q1 2014 | 2014-03-31 | $7.5M | −$1.2M | −13.86% | +34.59% |
| Q4 2013 | 2013-12-31 | $10.1M | $6.6M | +184.23% | +46.91% |
| Q3 2013 | 2013-09-30 | $7.2M | $16,000 | +0.22% | +33.96% |
| Q2 2013 | 2013-06-30 | $8.5M | $2.4M | +38.65% | +41.09% |
| Q1 2013 | 2013-03-31 | $8.7M | $1.1M | +14.50% | +41.35% |
| Q4 2012 | 2012-12-31 | $3.6M | $1.5M | +74.61% | +16.89% |
| Q3 2012 | 2012-09-30 | $7.1M | $1.6M | +27.93% | +33.41% |
| Q2 2012 | 2012-06-30 | $6.1M | −$241,000 | −3.79% | +29.06% |
| Q1 2012 | 2012-03-31 | $7.6M | −$9.2M | −54.81% | +36.06% |
| Q4 2011 | 2011-12-31 | $2.0M | −$4.0M | −66.18% | +9.96% |
| Q3 2011 | 2011-09-30 | $5.6M | — | — | +24.76% |
| Q2 2011 | 2011-06-30 | $6.4M | — | — | +30.57% |
| Q1 2011 | 2011-03-31 | $16.7M | — | — | +82.92% |
| Q3 2010 | 2010-09-30 | $6.0M | — | — | +29.52% |
Arrow Financial free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from $37.2M to $36.2M, a compound annual decline of 0.54%. Arrow Financial's latest reported quarter, Q2 2026, generated $11.6M in free cash flow, an increase of 40.01% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Arrow Financial filings at SEC.gov ↗