Baldwin Insurance (BWIN) Non Operating Income (2018 - 2026)
Baldwin Insurance's (BWIN) quarterly Non Operating Income came in at -$48.2 million in 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.
Analysis
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.
- On a quarterly basis, Non Operating Income fell 48.84% year-over-year to -$48.2 million in Q2 2026; TTM through Jun 2026 was -$157.1 million, a 27.53% decrease from a year earlier, with the FY2025 full-year figure at -$126.7 million, down 26.73% from the prior year.
- Non Operating Income was -$48.2 million for Q2 2026 at Baldwin Insurance, down from -$45.7 million in the prior quarter.
- Over five years, Non Operating Income peaked at $5.5 million in Q1 2024 and troughed at -$48.2 million in Q2 2026.
- A 5-year average of -$27.0 million and a median of -$29.8 million in 2024 frame the typical range for Non Operating Income.
- Across the five-year window, Non Operating Income jumped 190.4% in 2022 and sank 676.26% in 2023, its largest moves.
- Over 5 years, Non Operating Income stood at -$24.3 million in 2022, then tumbled by 33.08% to -$32.4 million in 2023, then rose by 8.04% to -$29.8 million in 2024, then gained by 0.45% to -$29.7 million in 2025, then tumbled by 62.61% to -$48.2 million in 2026.
- The last three Non Operating Income figures came in at -$48.2 million (Q2 2026), -$45.7 million (Q1 2026), and -$29.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Op. Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 85.11 Bn | 72.91 Bn | 6.04 Bn | - |
| 2 | Aon | 64.77 Bn | 63.50 Bn | - | - |
| 3 | Arthur J. Gallagher | 61.87 Bn | 60.48 Bn | - | - |
| 4 | Willis Towers Watson | 29.66 Bn | 28.00 Bn | 2.09 Bn | - |
| 5 | Brown & Brown | 22.09 Bn | 21.17 Bn | 1.41 Bn | - |
| 6 | XChange TEC.INC | 15.59 Bn | 15.59 Bn | - | - |
| 7 | Erie Indemnity | 11.31 Bn | 10.96 Bn | - | - |
| 8 | Ryan Specialty Holdings | 4.78 Bn | 4.64 Bn | - | - |
| 9 | Neptune Insurance Holdings | 4.32 Bn | 4.31 Bn | - | - |
| 10 | Baldwin Insurance | 2.75 Bn | 2.56 Bn | - | -48.22 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |