Growth Metrics

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 🔒
DateValue
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