Growth Metrics

Baldwin Insurance (BWIN) Intangibles (2018 - 2026)

Baldwin Insurance (BWIN) reported Intangibles of $1.5 billion for Q1 2026, up 58.35% year-over-year from $937.6 million in Q1 2025, and up 51.75% on a QoQ basis from $978.4 million in Q4 2025.

Baldwin Insurance (BWIN) has 9 years of Intangibles data on file, last reported at $1.5 billion in Q1 2026.

  • Quarterly Intangibles rose 58.35% year-over-year to $1.5 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.5 billion (up 58.35% YoY) and the FY2025 annual result came in at $978.4 million, up 2.62% from the prior year.
  • Intangibles grew to $1.5 billion in Q1 2026 per BWIN's latest filing, from $978.4 million in the prior quarter.
  • Across five years, Intangibles topped out at $1.5 billion in Q1 2026 and bottomed at $925.5 million in Q2 2025.
  • The 5-year median for Intangibles is $1.0 billion (2025), against an average of $1.0 billion.
  • The widest annual swing landed in 2022, when Intangibles soared 105.65%; it then retreated 7.51% in 2023.
  • Tracing BWIN's Intangibles over 5 years: stood at $1.1 billion in 2022, then declined by 7.51% to $1.0 billion in 2023, then decreased by 6.28% to $953.5 million in 2024, then advanced by 2.62% to $978.4 million in 2025, then jumped by 51.75% to $1.5 billion in 2026.
  • Per Business Quant, the three latest BWIN Intangibles figures stand at $1.5 billion (Q1 2026), $978.4 million (Q4 2025), and $1.0 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Intangibles (Qtr)
1 Aon 69.60 Bn 68.21 Bn - 5.83 Bn
2 Arthur J. Gallagher 52.64 Bn 51.26 Bn - 10.37 Bn
3 Willis Towers Watson 24.45 Bn 22.68 Bn 1.98 Bn 1.28 Bn
4 Brown & Brown 19.37 Bn 18.39 Bn 1.61 Bn 12.00 Mn
5 XChange TEC.INC 6.95 Bn 6.95 Bn - 94,728.73
6 Accelerant Holdings 3.83 Bn 2.32 Bn 48.00 Mn 102.50 Mn
7 Corvel 3.22 Bn 2.87 Bn 54.92 Mn 307,000.00
8 Baldwin Insurance 1.84 Bn 2.28 Bn - 1.48 Bn
9 Goosehead Insurance 1.01 Bn 899.53 Mn - 44.06 Mn
10 Twfg 279.02 Mn 351.22 Mn - 161.61 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 1.48 Bn
Dec 31, 2025 978.43 Mn
Sep 30, 2025 1.02 Bn
Jun 30, 2025 925.55 Mn
Mar 31, 2025 937.61 Mn
Dec 31, 2024 953.49 Mn
Sep 30, 2024 968.81 Mn
Jun 30, 2024 985.43 Mn
Mar 31, 2024 1.00 Bn
Dec 31, 2023 1.02 Bn
Sep 30, 2023 1.04 Bn
Jun 30, 2023 1.06 Bn
Mar 31, 2023 1.08 Bn
Dec 31, 2022 1.10 Bn
Sep 30, 2022 1.12 Bn
Jun 30, 2022 1.13 Bn
Mar 31, 2022 927.61 Mn
Dec 31, 2021 944.47 Mn
Sep 30, 2021 652.72 Mn
Jun 30, 2021 547.23 Mn
Mar 31, 2021 547.75 Mn
Dec 31, 2020 554.32 Mn
Sep 30, 2020 203.56 Mn
Jun 30, 2020 209.45 Mn
Mar 31, 2020 111.26 Mn
Dec 31, 2019 92.45 Mn
Sep 30, 2019 92.39 Mn
Dec 31, 2018 29.74 Mn