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| Date | Value |
|---|---|
| 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 |