Baldwin Insurance BWIN
NASDAQ BWIN
$31.90 +0.45 (+1.43%)
At close: Aug 21, 2026 · 4:00 PM EDT

Baldwin Insurance (BWIN) Non Operating Income (2018 - 2026)

Baldwin Insurance (BWIN) posted quarterly Non Operating Income of -$48.2 million for Q2 2026, down 48.84% year-over-year from -$94.2 million in Q2 2025, and down 5.6% quarter-over-quarter from -$45.7 million in Q1 2026.

Baldwin Insurance (BWIN) Non Operating Income (2018 - 2026) Analysis & Trends

Baldwin Insurance (BWIN) has reported Non Operating Income for 9 consecutive years, with -$48.2 million the latest figure, recorded in Q2 2026.

  • In Q2 2026, Non Operating Income fell 48.84% year-over-year to -$48.2 million; the TTM figure through Jun 2026 stood at -$157.1 million (down 27.53% YoY), while the FY2025 annual figure was -$126.7 million, down 26.73% from the prior year.
  • Non Operating Income slipped to -$48.2 million in Q2 2026 per BWIN's latest filing, from -$45.7 million in the prior quarter.
  • Across five years, Non Operating Income topped out at $5.5 million in Q1 2024 and bottomed at -$48.2 million in Q2 2026.
  • Historically, Non Operating Income has averaged -$27.0 million across 5 years, with a median of -$29.8 million in 2024.
  • Annual changes were most pronounced in 2022 — Non Operating Income surged 190.4% — and 2023, when it plunged 676.26%.
  • Baldwin Insurance's Non Operating Income stood at -$24.3 million in 2022, then tumbled by 33.08% to -$32.4 million in 2023, then advanced by 8.04% to -$29.8 million in 2024, then climbed by 0.45% to -$29.7 million in 2025, then tumbled by 62.61% to -$48.2 million in 2026.
  • Business Quant data shows BWIN's Non Operating Income at -$48.2 million in Q2 2026, -$45.7 million in Q1 2026, and -$29.7 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non Op. Inc. (Qtr)
1 XChange TEC.INC 265.99 Bn 265.99 Bn - -
2 Marsh & Mclennan Companies 92.14 Bn 79.94 Bn 6.04 Bn -
3 Aon 75.64 Bn 74.37 Bn - -
4 Arthur J. Gallagher 67.55 Bn 66.16 Bn - -
5 Willis Towers Watson 32.13 Bn 30.47 Bn 2.09 Bn -
6 Brown & Brown 23.98 Bn 23.06 Bn 1.41 Bn -
7 Erie Indemnity 12.29 Bn 11.94 Bn - -
8 Neptune Insurance Holdings 4.61 Bn 4.59 Bn - -
9 Accelerant Holdings 4.28 Bn 2.62 Bn 285.20 Mn -
10 Baldwin Insurance 2.96 Bn 2.77 Bn - -48.22 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 -48.22 Mn
Mar 31, 2026 -45.66 Mn
Dec 31, 2025 -29.65 Mn
Sep 30, 2025 -33.56 Mn
Jun 30, 2025 -32.40 Mn
Mar 31, 2025 -31.12 Mn
Dec 31, 2024 -29.79 Mn
Sep 30, 2024 -29.88 Mn
Jun 30, 2024 -45.84 Mn
Mar 31, 2024 5.51 Mn
Dec 31, 2023 -32.39 Mn
Sep 30, 2023 -31.93 Mn
Jun 30, 2023 -26.47 Mn
Mar 31, 2023 -29.40 Mn
Dec 31, 2022 -24.34 Mn
Sep 30, 2022 -16.85 Mn
Jun 30, 2022 -8.85 Mn
Mar 31, 2022 5.10 Mn
Dec 31, 2021 -6.51 Mn
Sep 30, 2021 -7.42 Mn