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% quarter-over-quarter from $978.4 million in Q4 2025.
Baldwin Insurance (BWIN) Intangibles (2018 - 2026) Analysis & Trends
Baldwin Insurance (BWIN) has 9 years of Intangibles data on file, last reported at $1.5 billion in Q1 2026.
- Intangibles for Q1 2026 came in at $1.5 billion, up 58.35% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.5 billion (up 58.35% YoY), and the FY2025 annual result was $978.4 million, up 2.62% from the prior year.
- Intangibles rose to $1.5 billion in Q1 2026 per BWIN's latest filing, from $978.4 million in the prior quarter.
- Over five years, Intangibles peaked at $1.5 billion in Q1 2026 and troughed at $925.5 million in Q2 2025.
- A 5-year average of $1.0 billion and a median of $1.0 billion in 2025 frame the typical range for Intangibles.
- The sharpest annual moves came in 2022 and 2023: Intangibles surged 105.65% in 2022, then slipped 7.51% in 2023.
- A 5-year view of Intangibles shows it stood at $1.1 billion in 2022, then retreated by 7.51% to $1.0 billion in 2023, then dropped by 6.28% to $953.5 million in 2024, then grew by 2.62% to $978.4 million in 2025, then soared by 51.75% to $1.5 billion in 2026.
- Business Quant data shows BWIN's Intangibles at $1.5 billion in Q1 2026, $978.4 million in Q4 2025, and $1.0 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 79.42 Bn | 67.92 Bn | 5.88 Bn | 4.61 Bn |
| 2 | Aon | 69.98 Bn | 68.59 Bn | - | 5.83 Bn |
| 3 | Arthur J. Gallagher | 55.55 Bn | 54.17 Bn | - | 10.37 Bn |
| 4 | Willis Towers Watson | 24.71 Bn | 22.93 Bn | 1.98 Bn | 1.28 Bn |
| 5 | Brown & Brown | 19.80 Bn | 18.82 Bn | 1.61 Bn | 12.00 Mn |
| 6 | XChange TEC.INC | 6.75 Bn | 6.75 Bn | - | 94,728.73 |
| 7 | Neptune Insurance Holdings | 4.00 Bn | 3.99 Bn | - | 447,000.00 |
| 8 | Corvel | 2.98 Bn | 2.64 Bn | 54.92 Mn | 307,000.00 |
| 9 | Accelerant Holdings | 2.93 Bn | 1.42 Bn | 48.00 Mn | 102.50 Mn |
| 10 | Baldwin Insurance | 1.62 Bn | 2.07 Bn | - | 1.48 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |