Baldwin Insurance BWIN
NASDAQ BWIN
$31.45 +0.30 (+0.96%)
At close: Aug 20, 2026 · 4:00 PM EDT

Baldwin Insurance (BWIN) EBT (2018 - 2026)

Baldwin Insurance (BWIN) posted quarterly EBT of -$56.6 million for Q2 2026, down 1169.32% year-over-year from $5.3 million in Q2 2025, and up 61.5% quarter-over-quarter from -$146.9 million in Q1 2026.

Baldwin Insurance (BWIN) EBT (2018 - 2026) Analysis & Trends

Baldwin Insurance (BWIN) has reported EBT for 9 consecutive years, with -$56.6 million the latest figure, recorded in Q2 2026.

  • In Q2 2026, EBT fell 1169.32% year-over-year to -$56.6 million; the TTM figure through Jun 2026 stood at -$276.7 million (down 844.71% YoY), while the FY2025 annual figure was -$52.8 million, down 34.16% from the prior year.
  • EBT advanced to -$56.6 million in Q2 2026 per BWIN's latest filing, from -$146.9 million in the prior quarter.
  • Across five years, EBT topped out at $44.8 million in Q1 2022 and bottomed at -$146.9 million in Q1 2026.
  • Historically, EBT has averaged -$29.7 million across 5 years, with a median of -$31.1 million in 2023.
  • Annual changes were most pronounced in 2024 — EBT soared 254.28% — and 2026, when it sank 1169.32%.
  • Baldwin Insurance's EBT stood at -$90.8 million in 2022, then surged by 31.56% to -$62.1 million in 2023, then jumped by 43.24% to -$35.3 million in 2024, then dropped by 21.64% to -$42.9 million in 2025, then slumped by 31.88% to -$56.6 million in 2026.
  • Business Quant data shows BWIN's EBT at -$56.6 million in Q2 2026, -$146.9 million in Q1 2026, and -$42.9 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 XChange TEC.INC 279.91 Bn 279.90 Bn - -
2 Marsh & Mclennan Companies 91.40 Bn 79.19 Bn 6.04 Bn 1.70 Bn
3 Aon 75.07 Bn 73.80 Bn - 724.00 Mn
4 Arthur J. Gallagher 66.45 Bn 65.07 Bn - 414.00 Mn
5 Willis Towers Watson 32.02 Bn 30.36 Bn 2.09 Bn 292.00 Mn
6 Brown & Brown 23.72 Bn 22.80 Bn 1.41 Bn 383.00 Mn
7 Erie Indemnity 12.11 Bn 11.77 Bn - 228.08 Mn
8 Neptune Insurance Holdings 4.50 Bn 4.48 Bn - 23.19 Mn
9 Accelerant Holdings 4.28 Bn 2.62 Bn 285.20 Mn 87.40 Mn
10 Baldwin Insurance 2.90 Bn 2.72 Bn - -56.56 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 -56.56 Mn
Mar 31, 2026 -146.42 Mn
Dec 31, 2025 -42.63 Mn
Sep 30, 2025 -30.35 Mn
Jun 30, 2025 -4.46 Mn
Mar 31, 2025 24.90 Mn
Dec 31, 2024 -35.26 Mn
Sep 30, 2024 -14.48 Mn
Jun 30, 2024 -29.38 Mn
Mar 31, 2024 39.77 Mn
Dec 31, 2023 -62.12 Mn
Sep 30, 2023 -31.85 Mn
Jun 30, 2023 -43.00 Mn
Mar 31, 2023 -25.78 Mn
Dec 31, 2022 -90.76 Mn
Sep 30, 2022 -46.71 Mn
Jun 30, 2022 16.59 Mn
Mar 31, 2022 44.84 Mn
Dec 31, 2021 -44.37 Mn
Sep 30, 2021 -24.60 Mn