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| 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 |
| 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 |