Baldwin Insurance (BWIN) EBITDA (2018 - 2026)
Baldwin Insurance's (BWIN) quarterly EBITDA came in at -$5.6 million in Q2 2026, down 118.83% year-over-year from $29.6 million in Q2 2025, and up 94.39% quarter-over-quarter from -$99.2 million in Q1 2026.
Analysis
Baldwin Insurance (BWIN) EBITDA (2018 - 2026) Analysis & Trends
Baldwin Insurance (BWIN) has reported EBITDA for 9 consecutive years, with -$5.6 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBITDA fell 118.83% year-over-year to -$5.6 million in Q2 2026; TTM through Jun 2026 was -$111.5 million, a 211.26% decrease from a year earlier, with the FY2025 full-year figure at $80.4 million, up 20.35% from the prior year.
- EBITDA was -$5.6 million for Q2 2026 at Baldwin Insurance, up from -$99.2 million in the prior quarter.
- Over five years, EBITDA peaked at $57.6 million in Q1 2025 and troughed at -$99.2 million in Q1 2026.
- A 5-year average of -$1.2 million and a median of $3.2 million in 2023 frame the typical range for EBITDA.
- Across the five-year window, EBITDA surged 1002.21% in 2024 and tumbled 272.28% in 2026, its largest moves.
- Over 5 years, EBITDA stood at -$65.1 million in 2022, then soared by 56.57% to -$28.3 million in 2023, then surged by 86.23% to -$3.9 million in 2024, then plunged by 197.89% to -$11.6 million in 2025, then soared by 51.97% to -$5.6 million in 2026.
- The last three EBITDA figures came in at -$5.6 million (Q2 2026), -$99.2 million (Q1 2026), and -$11.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 85.01 Bn | 72.80 Bn | 6.04 Bn | 1.90 Bn |
| 2 | Aon | 65.00 Bn | 63.73 Bn | - | 964.00 Mn |
| 3 | Arthur J. Gallagher | 62.74 Bn | 61.35 Bn | - | 639.00 Mn |
| 4 | Willis Towers Watson | 29.53 Bn | 27.87 Bn | 2.09 Bn | 364.00 Mn |
| 5 | Brown & Brown | 22.19 Bn | 21.27 Bn | 1.41 Bn | 130.00 Mn |
| 6 | XChange TEC.INC | 17.23 Bn | 17.23 Bn | - | - |
| 7 | Erie Indemnity | 11.26 Bn | 10.91 Bn | - | 204.12 Mn |
| 8 | Ryan Specialty Holdings | 4.93 Bn | 4.79 Bn | - | 184.45 Mn |
| 9 | Neptune Insurance Holdings | 4.36 Bn | 4.34 Bn | - | 26.55 Mn |
| 10 | Baldwin Insurance | 2.60 Bn | 2.42 Bn | - | -5.57 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -5.57 Mn |
| Mar 31, 2026 | -99.24 Mn |
| Dec 31, 2025 | -11.60 Mn |
| Sep 30, 2025 | 4.87 Mn |
| Jun 30, 2025 | 29.58 Mn |
| Mar 31, 2025 | 57.60 Mn |
| Dec 31, 2024 | -3.89 Mn |
| Sep 30, 2024 | 16.96 Mn |
| Jun 30, 2024 | 18.02 Mn |
| Mar 31, 2024 | 35.76 Mn |
| Dec 31, 2023 | -28.28 Mn |
| Sep 30, 2023 | 1.54 Mn |
| Jun 30, 2023 | -15.08 Mn |
| Mar 31, 2023 | 4.97 Mn |
| Dec 31, 2022 | -65.11 Mn |
| Sep 30, 2022 | -28.64 Mn |
| Jun 30, 2022 | 26.54 Mn |
| Mar 31, 2022 | 40.73 Mn |
| Dec 31, 2021 | -36.98 Mn |
| Sep 30, 2021 | -16.43 Mn |