Baldwin Insurance (BWIN) Work In Process (2018 - 2026)
Baldwin Insurance (BWIN) reported Work In Process of $324.5 million for Q1 2026, up 12.78% year-over-year from $287.7 million in Q1 2025, and up 16.08% on a QoQ basis from $279.5 million in Q4 2025.
Baldwin Insurance (BWIN) has 9 years of Work In Process data on file, last reported at $324.5 million in Q1 2026.
- Quarterly Work In Process rose 12.78% year-over-year to $324.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $324.5 million (up 12.78% YoY) and the FY2025 annual result came in at $279.5 million, up 12.0% from the prior year.
- Work In Process rose to $324.5 million in Q1 2026 per BWIN's latest filing, from $279.5 million in the prior quarter.
- Across five years, Work In Process topped out at $415.3 million in Q1 2024 and bottomed at $186.5 million in Q2 2022.
- The 5-year median for Work In Process is $294.7 million (2025), against an average of $298.1 million.
- The widest annual swing landed in 2022, when Work In Process surged 78.88%; it then slumped 30.72% in 2025.
- Tracing BWIN's Work In Process over 5 years: stood at $278.0 million in 2022, then gained by 23.26% to $342.7 million in 2023, then slipped by 27.17% to $249.6 million in 2024, then climbed by 12.0% to $279.5 million in 2025, then climbed by 16.08% to $324.5 million in 2026.
- Per Business Quant, the three latest BWIN Work In Process figures stand at $324.5 million (Q1 2026), $279.5 million (Q4 2025), and $294.7 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Aon | 69.60 Bn | 68.21 Bn | - |
| 2 | Arthur J. Gallagher | 52.64 Bn | 51.26 Bn | - |
| 3 | Willis Towers Watson | 24.45 Bn | 22.68 Bn | 1.98 Bn |
| 4 | Brown & Brown | 19.37 Bn | 18.39 Bn | 1.61 Bn |
| 5 | XChange TEC.INC | 6.95 Bn | 6.95 Bn | - |
| 6 | Accelerant Holdings | 3.83 Bn | 2.32 Bn | 48.00 Mn |
| 7 | Corvel | 3.22 Bn | 2.87 Bn | 54.92 Mn |
| 8 | Baldwin Insurance | 1.84 Bn | 2.28 Bn | - |
| 9 | Goosehead Insurance | 1.01 Bn | 899.53 Mn | - |
| 10 | Twfg | 279.02 Mn | 351.22 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 324.46 Mn |
| Dec 31, 2025 | 279.52 Mn |
| Sep 30, 2025 | 294.72 Mn |
| Jun 30, 2025 | 293.87 Mn |
| Mar 31, 2025 | 287.70 Mn |
| Dec 31, 2024 | 249.58 Mn |
| Sep 30, 2024 | 349.29 Mn |
| Jun 30, 2024 | 376.05 Mn |
| Mar 31, 2024 | 415.26 Mn |
| Dec 31, 2023 | 342.69 Mn |
| Sep 30, 2023 | 328.00 Mn |
| Jun 30, 2023 | 316.63 Mn |
| Mar 31, 2023 | 346.82 Mn |
| Dec 31, 2022 | 278.02 Mn |
| Sep 30, 2022 | 192.18 Mn |
| Jun 30, 2022 | 186.48 Mn |
| Mar 31, 2022 | 206.19 Mn |
| Dec 31, 2021 | 168.55 Mn |
| Sep 30, 2021 | 140.13 Mn |
| Jun 30, 2021 | 130.00 Mn |
| Mar 31, 2021 | 115.27 Mn |
| Dec 31, 2020 | 80.21 Mn |
| Sep 30, 2020 | 49.87 Mn |
| Jun 30, 2020 | 74.13 Mn |
| Mar 31, 2020 | 50.76 Mn |
| Dec 31, 2019 | 47.34 Mn |
| Sep 30, 2019 | 21.42 Mn |
| Dec 31, 2018 | 20.67 Mn |