Baldwin Insurance (BWIN) Share-based Compensation (2018 - 2026)

Baldwin Insurance's (BWIN) quarterly Share-based Compensation came in at $12.8 million in Q1 2026, up 787.06% year-on-year from $1.4 million in Q1 2025, and down 33.73% on a QoQ basis from $19.3 million in Q4 2025.

Baldwin Insurance (BWIN) Share-based Compensation (2018 - 2026) Analysis & Trends

Baldwin Insurance (BWIN) has 9 years of Share-based Compensation data on file, last reported at $12.8 million in Q1 2026.

  • On a quarterly basis, Share-based Compensation rose 787.06% year-over-year to $12.8 million in Q1 2026; TTM through Mar 2026 was $82.5 million, a 3444.74% increase from a year earlier, with the FY2025 full-year figure at $71.1 million, up 2445.2% from the prior year.
  • Share-based Compensation for Q1 2026 stood at $12.8 million, down from $19.3 million in the prior quarter.
  • Over the last five years, Share-based Compensation for BWIN reached as high as $49.6 million in Q3 2025 and fell as low as -$10.0 million in Q2 2023.
  • Historically, Share-based Compensation has averaged $12.1 million across 5 years, with a median of $10.2 million in 2022.
  • Across the five-year window, Share-based Compensation plunged 2350.22% in 2023 and surged 2695.76% in 2025, its largest moves.
  • Year by year, Share-based Compensation stood at $23.9 million in 2022, then tumbled by 44.16% to $13.4 million in 2023, then sank by 79.1% to $2.8 million in 2024, then surged by 592.23% to $19.3 million in 2025, then tumbled by 33.73% to $12.8 million in 2026.
  • Per Business Quant data, the three most recent Share-based Compensation figures were $12.8 million in Q1 2026, $19.3 million in Q4 2025, and $49.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Share-based Compensation (Qtr)
1 Marsh & Mclennan Companies 84.27 Bn 72.32 Bn 6.04 Bn 117.00 Mn
2 Aon 75.99 Bn 74.60 Bn - 82.00 Mn
3 Arthur J. Gallagher 62.23 Bn 60.85 Bn - 17.00 Mn
4 Willis Towers Watson 27.24 Bn 25.46 Bn 1.98 Bn 42.00 Mn
5 Brown & Brown 23.60 Bn 22.62 Bn 1.61 Bn 26.00 Mn
6 Neptune Insurance Holdings 4.12 Bn 4.11 Bn 26.44 Mn 1.14 Mn
7 Accelerant Holdings 3.06 Bn 1.55 Bn 48.00 Mn 28.80 Mn
8 Corvel 3.03 Bn 2.68 Bn 54.92 Mn 962,000.00
9 Baldwin Insurance 2.43 Bn 2.87 Bn - 12.82 Mn
10 Goosehead Insurance 1.31 Bn 1.20 Bn - 4.76 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 12.82 Mn
Mar 31, 2026 12.82 Mn
Dec 31, 2025 19.34 Mn
Dec 31, 2025 19.34 Mn
Sep 30, 2025 49.63 Mn
Sep 30, 2025 49.63 Mn
Jun 30, 2025 696,000.00
Jun 30, 2025 696,000.00
Mar 31, 2025 1.45 Mn
Mar 31, 2025 1.45 Mn
Dec 31, 2024 2.79 Mn
Dec 31, 2024 2.79 Mn
Sep 30, 2024 -1.91 Mn
Sep 30, 2024 -1.91 Mn
Mar 31, 2024 1.91 Mn
Mar 31, 2024 1.91 Mn
Dec 31, 2023 13.37 Mn
Dec 31, 2023 13.37 Mn
Sep 30, 2023 43.39 Mn
Sep 30, 2023 43.39 Mn