Growth Metrics

Baldwin Insurance (BWIN) Net Income (2018 - 2026)

Baldwin Insurance (BWIN) reported Net Income of -$1.9 million for Q1 2026, down 107.62% year-over-year from $24.9 million in Q1 2025, and up 95.65% on a QoQ basis from -$43.6 million in Q4 2025.

Baldwin Insurance (BWIN) has 9 years of Net Income data on file, last reported at -$1.9 million in Q1 2026.

  • Quarterly Net Income fell 107.62% year-over-year to -$1.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$80.8 million (down 46.23% YoY) and the FY2025 annual result came in at -$54.2 million, down 31.82% from the prior year.
  • Net Income rose to -$1.9 million in Q1 2026 per BWIN's latest filing, from -$43.6 million in the prior quarter.
  • Across five years, Net Income topped out at $44.8 million in Q1 2022 and bottomed at -$91.5 million in Q4 2022.
  • The 5-year median for Net Income is -$30.2 million (2025), against an average of -$19.9 million.
  • The widest annual swing landed in 2023, when Net Income tumbled 363.14%; it then soared 251.23% in 2024.
  • Tracing BWIN's Net Income over 5 years: stood at -$91.5 million in 2022, then surged by 31.68% to -$62.5 million in 2023, then soared by 44.25% to -$34.8 million in 2024, then declined by 25.05% to -$43.6 million in 2025, then jumped by 95.65% to -$1.9 million in 2026.
  • Per Business Quant, the three latest BWIN Net Income figures stand at -$1.9 million (Q1 2026), -$43.6 million (Q4 2025), and -$30.2 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Aon 69.60 Bn 68.21 Bn - 1.24 Bn
2 Arthur J. Gallagher 52.64 Bn 51.26 Bn - 823.00 Mn
3 Willis Towers Watson 24.45 Bn 22.68 Bn 1.98 Bn 306.00 Mn
4 Brown & Brown 19.37 Bn 18.39 Bn 1.61 Bn 427.00 Mn
5 XChange TEC.INC 6.95 Bn 6.95 Bn - -
6 Accelerant Holdings 3.83 Bn 2.32 Bn 48.00 Mn -4.10 Mn
7 Corvel 3.22 Bn 2.87 Bn 54.92 Mn 24.17 Mn
8 Baldwin Insurance 1.84 Bn 2.28 Bn - -1.90 Mn
9 Goosehead Insurance 1.01 Bn 899.53 Mn - 8.09 Mn
10 Twfg 279.02 Mn 351.22 Mn - 13.08 Mn

Historic Data

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DateValue
Mar 31, 2026 -1.90 Mn
Dec 31, 2025 -43.57 Mn
Sep 30, 2025 -30.24 Mn
Jun 30, 2025 -5.14 Mn
Mar 31, 2025 24.90 Mn
Dec 31, 2024 -34.84 Mn
Sep 30, 2024 -14.48 Mn
Jun 30, 2024 -30.87 Mn
Mar 31, 2024 39.10 Mn
Dec 31, 2023 -62.50 Mn
Sep 30, 2023 -32.01 Mn
Jun 30, 2023 -43.66 Mn
Mar 31, 2023 -25.85 Mn
Dec 31, 2022 -91.47 Mn
Sep 30, 2022 -46.71 Mn
Jun 30, 2022 16.59 Mn
Mar 31, 2022 44.84 Mn
Dec 31, 2021 -44.39 Mn
Sep 30, 2021 -24.60 Mn
Jun 30, 2021 -20.44 Mn
Mar 31, 2021 31.31 Mn
Dec 31, 2020 -19.12 Mn
Sep 30, 2020 -7.62 Mn
Jun 30, 2020 -7.86 Mn
Mar 31, 2020 4.71 Mn
Dec 31, 2019 -26.93 Mn
Sep 30, 2019 -2.31 Mn
Jun 30, 2019 -2.96 Mn
Mar 31, 2019 9.74 Mn
Dec 31, 2018 755,000.00
Sep 30, 2018 1.34 Mn