Baldwin Insurance BWIN
NASDAQ BWIN
$31.90 +0.45 (+1.43%)
At close: Aug 21, 2026 · 4:00 PM EDT

Baldwin Insurance (BWIN) Income from Non-Controlling Interests (2018 - 2026)

Baldwin Insurance (BWIN) posted quarterly Income from Non-Controlling Interests of -$17.0 million for Q2 2026, down 759.18% year-over-year from $2.6 million in Q2 2025, and down 300.9% quarter-over-quarter from -$4.2 million in Q1 2026.

Baldwin Insurance (BWIN) Income from Non-Controlling Interests (2018 - 2026) Analysis & Trends

Baldwin Insurance (BWIN) has reported Income from Non-Controlling Interests for 9 consecutive years, with -$17.0 million the latest figure, recorded in Q2 2026.

  • In Q2 2026, Income from Non-Controlling Interests fell 759.18% year-over-year to -$17.0 million; the TTM figure through Jun 2026 stood at -$50.5 million (down 328.61% YoY), while the FY2025 annual figure was -$20.3 million, down 22.81% from the prior year.
  • Income from Non-Controlling Interests declined to -$17.0 million in Q2 2026 per BWIN's latest filing, from -$4.2 million in the prior quarter.
  • Across five years, Income from Non-Controlling Interests topped out at $22.0 million in Q1 2022 and bottomed at -$43.0 million in Q4 2022.
  • Historically, Income from Non-Controlling Interests has averaged -$9.3 million across 5 years, with a median of -$12.5 million in 2023.
  • Annual changes were most pronounced in 2024 — Income from Non-Controlling Interests jumped 249.48% — and 2026, when it sank 759.18%.
  • Baldwin Insurance's Income from Non-Controlling Interests stood at -$43.0 million in 2022, then jumped by 34.83% to -$28.0 million in 2023, then jumped by 47.61% to -$14.7 million in 2024, then dropped by 21.37% to -$17.8 million in 2025, then increased by 4.64% to -$17.0 million in 2026.
  • Business Quant data shows BWIN's Income from Non-Controlling Interests at -$17.0 million in Q2 2026, -$4.2 million in Q1 2026, and -$17.8 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inc. Minority (Qtr)
1 XChange TEC.INC 265.99 Bn 265.99 Bn - -
2 Marsh & Mclennan Companies 92.14 Bn 79.94 Bn 6.04 Bn 25.00 Mn
3 Aon 75.64 Bn 74.37 Bn - 14.00 Mn
4 Arthur J. Gallagher 67.55 Bn 66.16 Bn - -
5 Willis Towers Watson 32.13 Bn 30.47 Bn 2.09 Bn 2.00 Mn
6 Brown & Brown 23.98 Bn 23.06 Bn 1.41 Bn 1.00 Mn
7 Erie Indemnity 12.29 Bn 11.94 Bn - -
8 Neptune Insurance Holdings 4.61 Bn 4.59 Bn - -
9 Accelerant Holdings 4.28 Bn 2.62 Bn 285.20 Mn 1.30 Mn
10 Baldwin Insurance 2.96 Bn 2.77 Bn - -16.99 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 -16.99 Mn
Mar 31, 2026 -4.24 Mn
Dec 31, 2025 -17.49 Mn
Sep 30, 2025 -11.51 Mn
Jun 30, 2025 -1.98 Mn
Mar 31, 2025 10.96 Mn
Dec 31, 2024 -14.68 Mn
Sep 30, 2024 -6.10 Mn
Jun 30, 2024 -13.31 Mn
Mar 31, 2024 17.52 Mn
Dec 31, 2023 -28.01 Mn
Sep 30, 2023 -14.38 Mn
Jun 30, 2023 -19.77 Mn
Mar 31, 2023 -11.72 Mn
Dec 31, 2022 -42.98 Mn
Sep 30, 2022 -21.91 Mn
Jun 30, 2022 7.95 Mn
Mar 31, 2022 21.97 Mn
Dec 31, 2021 -21.74 Mn
Sep 30, 2021 -11.39 Mn