Baldwin Insurance (BWIN) EBITDA (2018 - 2026)
Baldwin Insurance (BWIN) reported EBITDA of $4.6 million for Q1 2026, down 67.09% year-over-year from $13.9 million in Q1 2025, and up 117.36% on a QoQ basis from -$26.4 million in Q4 2025.
Baldwin Insurance (BWIN) has 9 years of EBITDA data on file, last reported at $4.6 million in Q1 2026.
- Quarterly EBITDA fell 67.09% year-over-year to $4.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$44.6 million (up 15.65% YoY) and the FY2025 annual result came in at -$33.3 million, up 18.89% from the prior year.
- EBITDA rose to $4.6 million in Q1 2026 per BWIN's latest filing, from -$26.4 million in the prior quarter.
- Across five years, EBITDA topped out at $44.8 million in Q1 2022 and bottomed at -$62.5 million in Q4 2023.
- The 5-year median for EBITDA is -$17.6 million (2024), against an average of -$13.4 million.
- The widest annual swing landed in 2023, when EBITDA plunged 376.52%; it then jumped 252.69% in 2024.
- Tracing BWIN's EBITDA over 5 years: stood at -$48.5 million in 2022, then fell by 28.88% to -$62.5 million in 2023, then soared by 44.25% to -$34.8 million in 2024, then grew by 24.17% to -$26.4 million in 2025, then surged by 117.36% to $4.6 million in 2026.
- Per Business Quant, the three latest BWIN EBITDA figures stand at $4.6 million (Q1 2026), -$26.4 million (Q4 2025), and -$17.7 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Aon | 69.60 Bn | 68.21 Bn | - | 1.76 Bn |
| 2 | Arthur J. Gallagher | 52.64 Bn | 51.26 Bn | - | 1.26 Bn |
| 3 | Willis Towers Watson | 24.45 Bn | 22.68 Bn | 1.98 Bn | 261.00 Mn |
| 4 | Brown & Brown | 19.37 Bn | 18.39 Bn | 1.61 Bn | 1.61 Bn |
| 5 | XChange TEC.INC | 6.95 Bn | 6.95 Bn | - | - |
| 6 | Accelerant Holdings | 3.83 Bn | 2.32 Bn | 48.00 Mn | 12.10 Mn |
| 7 | Corvel | 3.22 Bn | 2.87 Bn | 54.92 Mn | 32.23 Mn |
| 8 | Baldwin Insurance | 1.84 Bn | 2.28 Bn | - | 4.59 Mn |
| 9 | Goosehead Insurance | 1.01 Bn | 899.53 Mn | - | 16.70 Mn |
| 10 | Twfg | 279.02 Mn | 351.22 Mn | - | 12.35 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.59 Mn |
| Dec 31, 2025 | -26.42 Mn |
| Sep 30, 2025 | -17.68 Mn |
| Jun 30, 2025 | -5.14 Mn |
| Mar 31, 2025 | 13.94 Mn |
| Dec 31, 2024 | -34.84 Mn |
| Sep 30, 2024 | -14.48 Mn |
| Jun 30, 2024 | -17.56 Mn |
| Mar 31, 2024 | 21.58 Mn |
| Dec 31, 2023 | -62.50 Mn |
| Sep 30, 2023 | -32.01 Mn |
| Jun 30, 2023 | -23.90 Mn |
| Mar 31, 2023 | -14.13 Mn |
| Dec 31, 2022 | -48.49 Mn |
| Sep 30, 2022 | -24.79 Mn |
| Jun 30, 2022 | 8.64 Mn |
| Mar 31, 2022 | 44.84 Mn |
| Dec 31, 2021 | -50.12 Mn |
| Sep 30, 2021 | -13.21 Mn |
| Jun 30, 2021 | -10.09 Mn |
| Mar 31, 2021 | 15.31 Mn |
| Dec 31, 2020 | -19.12 Mn |
| Sep 30, 2020 | -7.62 Mn |
| Jun 30, 2020 | -7.86 Mn |
| Mar 31, 2020 | 4.71 Mn |
| Dec 31, 2019 | -8.65 Mn |
| Mar 31, 2019 | 9.74 Mn |
| Dec 31, 2018 | 755,000.00 |
| Sep 30, 2018 | -810,903.00 |