Baldwin Insurance (BWIN) EBITDA (2018 - 2026)
Baldwin Insurance (BWIN) posted quarterly EBITDA of -$8.3 million for Q2 2026, down 129.86% year-over-year from $27.9 million in Q2 2025, and up 91.76% quarter-over-quarter from -$101.3 million in Q1 2026.
Baldwin Insurance (BWIN) EBITDA (2018 - 2026) Analysis & Trends
Baldwin Insurance (BWIN) has reported EBITDA for 9 consecutive years, with -$8.3 million the latest figure, recorded in Q2 2026.
- In Q2 2026, EBITDA fell 129.86% year-over-year to -$8.3 million; the TTM figure through Jun 2026 stood at -$119.6 million (down 227.42% YoY), while the FY2025 annual figure was $73.9 million, up 21.91% from the prior year.
- EBITDA rose to -$8.3 million in Q2 2026 per BWIN's latest filing, from -$101.3 million in the prior quarter.
- Across five years, EBITDA topped out at $56.0 million in Q1 2025 and bottomed at -$101.3 million in Q1 2026.
- Historically, EBITDA has averaged -$2.7 million across 5 years, with a median of $1.7 million in 2023.
- Annual changes were most pronounced in 2024 — EBITDA surged 17813.95% — and 2026, when it tumbled 280.78%.
- Baldwin Insurance's EBITDA stood at -$66.4 million in 2022, then soared by 55.25% to -$29.7 million in 2023, then surged by 81.58% to -$5.5 million in 2024, then slumped by 141.82% to -$13.2 million in 2025, then jumped by 36.97% to -$8.3 million in 2026.
- Business Quant data shows BWIN's EBITDA at -$8.3 million in Q2 2026, -$101.3 million in Q1 2026, and -$13.2 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | XChange TEC.INC | 279.91 Bn | 279.90 Bn | - | - |
| 2 | Marsh & Mclennan Companies | 91.40 Bn | 79.19 Bn | 6.04 Bn | 1.90 Bn |
| 3 | Aon | 75.07 Bn | 73.80 Bn | - | 964.00 Mn |
| 4 | Arthur J. Gallagher | 66.45 Bn | 65.07 Bn | - | 639.00 Mn |
| 5 | Willis Towers Watson | 32.02 Bn | 30.36 Bn | 2.09 Bn | 364.00 Mn |
| 6 | Brown & Brown | 23.72 Bn | 22.80 Bn | 1.41 Bn | 130.00 Mn |
| 7 | Erie Indemnity | 12.11 Bn | 11.77 Bn | - | 204.12 Mn |
| 8 | Neptune Insurance Holdings | 4.50 Bn | 4.48 Bn | - | 26.55 Mn |
| 9 | Accelerant Holdings | 4.28 Bn | 2.62 Bn | 285.20 Mn | 7.20 Mn |
| 10 | Baldwin Insurance | 2.90 Bn | 2.72 Bn | - | -5.57 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -8.34 Mn |
| Mar 31, 2026 | -101.27 Mn |
| Dec 31, 2025 | -13.24 Mn |
| Sep 30, 2025 | 3.22 Mn |
| Jun 30, 2025 | 27.94 Mn |
| Mar 31, 2025 | 56.02 Mn |
| Dec 31, 2024 | -5.47 Mn |
| Sep 30, 2024 | 15.41 Mn |
| Jun 30, 2024 | 16.46 Mn |
| Mar 31, 2024 | 34.26 Mn |
| Dec 31, 2023 | -29.73 Mn |
| Sep 30, 2023 | 86,000.00 |
| Jun 30, 2023 | -16.53 Mn |
| Mar 31, 2023 | 3.62 Mn |
| Dec 31, 2022 | -66.42 Mn |
| Sep 30, 2022 | -29.86 Mn |
| Jun 30, 2022 | 25.44 Mn |
| Mar 31, 2022 | 39.74 Mn |
| Dec 31, 2021 | -37.86 Mn |
| Sep 30, 2021 | -17.18 Mn |