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NASDAQ · Finance

Baldwin Insurance Group, Inc. (BWIN)

Baldwin Insurance Group, Inc. brought in $1.7B of revenue over the twelve months to June 30, 2026, up 18.9% from a year earlier. It posted a net loss of $81.2M. In fiscal 2025 capital spending exceeded operating cash flow by $68.9M. At June 30, 2026 it held $184.5M in cash against $16.1M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on July 30, 2026.

Revenue (last 12 months)
$1.7B
+18.9% year on year
Net margin
-4.7%

What Baldwin Insurance Group, Inc. does

Baldwin Insurance Group, Inc. is registered with the SEC under industry code SIC 6411 (Insurance Agents, Brokers & Service). Its shares trade on NASDAQ under the ticker BWIN.

Revenue and profit by year

Revenue
FY21: $567.3M $567.3M FY21FY22: $980.7M $980.7M FY22FY23: $1.2B $1.2B FY23FY24: $1.4B $1.4B FY24FY25: $1.5B $1.5B FY25
Net income
FY19: -$624K -$624K FY19FY19: -$8.7M -$8.7M FY19FY20: -$15.7M -$15.7M FY20FY21: -$30.6M -$30.6M FY21FY22: -$41.8M -$41.8M FY22FY23: -$90.1M -$90.1M FY23FY24: -$24.5M -$24.5M FY24FY25: -$33.8M -$33.8M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$1.5B$73.9M-$33.8M-$0.50-$68.9M
2024$1.4B$60.6M-$24.5M-$0.39$10.4M
2023$1.2B-$42.6M-$90.1M-$1.50-$21.3M
2022$980.7M-$31.1M-$41.8M-$0.74-$24.4M
2021$567.3M-$31.6M-$30.6M-$0.64$34.8M
2020n/a-$21.9M-$15.7M-$0.58$31.3M

Latest SEC filings

What Baldwin Insurance Group, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. September 25, 2026
  2. September 21, 2026
  3. September 14, 2026
  4. September 14, 2026
  5. September 14, 2026
  6. September 14, 2026
  7. September 14, 2026
  8. July 30, 2026
    Quarterly report 10-Q · period to June 30, 2026
  9. July 30, 2026
  10. June 4, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on July 2, 2026. Insider transactions on SEC

All filings on SEC EDGAR

Questions about BWIN

What does Baldwin Insurance Group, Inc. do?

Baldwin Insurance Group, Inc. is registered with the SEC under industry code SIC 6411 (Insurance Agents, Brokers & Service). Its shares trade on NASDAQ under the ticker BWIN.

Is Baldwin Insurance Group, Inc. profitable?

No. Over the twelve months to June 30, 2026 it reported a net loss of $81.2M on revenue of $1.7B.

How much revenue does Baldwin Insurance Group, Inc. make?

Over the twelve months to June 30, 2026 Baldwin Insurance Group, Inc. reported revenue of $1.7B. That is 18.9% more than a year earlier.

When did Baldwin Insurance Group, Inc. last report?

Its most recent periodic report is the quarterly report (10-Q) filed on July 30, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the passive stake (5% or more) from September 25, 2026.

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Where the numbers come from

Financial figures are the values Baldwin Insurance Group, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.