Baldwin Insurance (BWIN) Intangibles (2018 - 2026)

Baldwin Insurance's (BWIN) quarterly Intangibles came in at $1.5 billion in Q1 2026, up 58.35% year-on-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) 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.

  • On a quarterly basis, Intangibles rose 58.35% year-over-year to $1.5 billion in Q1 2026; TTM through Mar 2026 was $1.5 billion, a 58.35% increase from a year earlier, with the FY2025 full-year figure at $978.4 million, up 2.62% from the prior year.
  • Intangibles for Q1 2026 stood at $1.5 billion, up from $978.4 million in the prior quarter.
  • Over the last five years, Intangibles for BWIN reached as high as $1.5 billion in Q1 2026 and fell as low as $925.5 million in Q2 2025.
  • Historically, Intangibles has averaged $1.0 billion across 5 years, with a median of $1.0 billion in 2025.
  • Across the five-year window, Intangibles soared 105.65% in 2022 and retreated 7.51% in 2023, its largest moves.
  • Year by year, Intangibles stood at $1.1 billion in 2022, then dropped by 7.51% to $1.0 billion in 2023, then retreated by 6.28% to $953.5 million in 2024, then gained by 2.62% to $978.4 million in 2025, then soared by 51.75% to $1.5 billion in 2026.
  • Per Business Quant data, the three most recent Intangibles figures were $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 84.27 Bn 72.32 Bn 6.04 Bn 4.51 Bn
2 Aon 75.99 Bn 74.60 Bn - 5.83 Bn
3 Arthur J. Gallagher 62.23 Bn 60.85 Bn - 10.37 Bn
4 Willis Towers Watson 27.24 Bn 25.46 Bn 1.98 Bn 185.00 Mn
5 Brown & Brown 23.60 Bn 22.62 Bn 1.61 Bn 4.78 Bn
6 Neptune Insurance Holdings 4.12 Bn 4.11 Bn 26.44 Mn 6.14 Mn
7 Accelerant Holdings 3.06 Bn 1.55 Bn 48.00 Mn 102.50 Mn
8 Corvel 3.03 Bn 2.68 Bn 54.92 Mn 307,000.00
9 Baldwin Insurance 2.43 Bn 2.87 Bn - 1.48 Bn
10 Goosehead Insurance 1.31 Bn 1.20 Bn - 48.36 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