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
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