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% quarter-over-quarter from $279.5 million in Q4 2025.

Baldwin Insurance (BWIN) Work In Process (2018 - 2026) Analysis & Trends

Baldwin Insurance (BWIN) has 9 years of Work In Process data on file, last reported at $324.5 million in Q1 2026.

  • Work In Process for Q1 2026 came in at $324.5 million, up 12.78% year-over-year; the trailing twelve-month figure through Mar 2026 was $324.5 million (up 12.78% YoY), and the FY2025 annual result was $279.5 million, up 12.0% from the prior year.
  • Work In Process improved to $324.5 million in Q1 2026 per BWIN's latest filing, from $279.5 million in the prior quarter.
  • Over five years, Work In Process peaked at $415.3 million in Q1 2024 and troughed at $186.5 million in Q2 2022.
  • A 5-year average of $298.1 million and a median of $294.7 million in 2025 frame the typical range for Work In Process.
  • The sharpest annual moves came in 2022 and 2025: Work In Process jumped 78.88% in 2022, then plunged 30.72% in 2025.
  • A 5-year view of Work In Process shows it stood at $278.0 million in 2022, then climbed by 23.26% to $342.7 million in 2023, then declined by 27.17% to $249.6 million in 2024, then increased by 12.0% to $279.5 million in 2025, then increased by 16.08% to $324.5 million in 2026.
  • Business Quant data shows BWIN's Work In Process at $324.5 million in Q1 2026, $279.5 million in Q4 2025, and $294.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Marsh & Mclennan Companies 79.42 Bn 67.92 Bn 5.88 Bn
2 Aon 69.98 Bn 68.59 Bn -
3 Arthur J. Gallagher 55.55 Bn 54.17 Bn -
4 Willis Towers Watson 24.71 Bn 22.93 Bn 1.98 Bn
5 Brown & Brown 19.80 Bn 18.82 Bn 1.61 Bn
6 XChange TEC.INC 6.75 Bn 6.75 Bn -
7 Neptune Insurance Holdings 4.00 Bn 3.99 Bn -
8 Corvel 2.98 Bn 2.64 Bn 54.92 Mn
9 Accelerant Holdings 2.93 Bn 1.42 Bn 48.00 Mn
10 Baldwin Insurance 1.62 Bn 2.07 Bn -

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