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| Date | Value |
|---|---|
| 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 |