Baldwin Insurance (BWIN) Operating Expenses (2018 - 2026)

Baldwin Insurance (BWIN) has reported Operating Expenses for 9 consecutive years, with $501.3 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Operating Expenses rose 42.87% year-over-year to $501.3 million in Q2 2026; TTM through Jun 2026 was $1.9 billion, a 35.86% increase from a year earlier, with the FY2025 full-year figure at $1.4 billion, up 7.72% from the prior year.
• Operating Expenses was $501.3 million for Q2 2026 at Baldwin Insurance, down from $633.5 million in the prior quarter.
• Over five years, Operating Expenses peaked at $633.5 million in Q1 2026 and troughed at $203.1 million in Q1 2022.
• A 5-year average of $342.6 million and a median of $325.2 million in 2023 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses jumped 89.36% in 2022 and advanced 0.61% in 2023, its largest moves.
• Over 5 years, Operating Expenses stood at $312.5 million in 2022, then rose by 0.61% to $314.4 million in 2023, then rose by 6.68% to $335.4 million in 2024, then grew by 7.5% to $360.5 million in 2025, then jumped by 39.05% to $501.3 million in 2026.
• The last three Operating Expenses figures came in at $501.3 million (Q2 2026), $633.5 million (Q1 2026), and $360.5 million (Q4 2025), per Business Quant data.