The Baldwin Insurance Group, Inc.

BWIN · NASDAQ
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9/30/2025
6/30/2025
3/31/2025
12/31/2024
Revenue$365,389$374,312$408,529$323,436
% Growth-2.4%-8.4%26.3%
Cost of Goods Sold$304,185$269,057$263,843$278,452
Gross Profit$61,204$105,255$144,686$44,984
% Margin16.8%28.1%35.4%13.9%
R&D Expenses$0$0$0$0
G&A Expenses$0$0$0$0
SG&A Expenses$0$0$0$0
Sales & Mktg Exp.$0$0$0$0
Other Operating Expenses$52,012$77,315$88,669$50,458
Operating Expenses$52,012$77,315$88,669$50,458
Operating Income$9,192$27,940$56,017-$5,474
% Margin2.5%7.5%13.7%-1.7%
Other Income/Exp. Net-$39,429-$32,396-$31,119-$29,785
Pre-Tax Income-$30,237-$4,456$24,898-$35,259
Tax Expense$0$685$0-$420
Net Income-$18,727-$3,164$13,939-$20,162
% Margin-5.1%-0.8%3.4%-6.2%
EPS-0.27-0.0470.21-0.31
% Growth-480.6%-122.1%167.7%
EPS Diluted-0.27-0.0470.2-0.31
Weighted Avg Shares Out68,60568,01066,06764,797
Weighted Avg Shares Out Dil68,60568,01069,32864,797
Supplemental Information
Interest Income$0$0$0$0
Interest Expense$0$0$0$0
Depreciation & Amortization$32,043$27,652$27,465$27,971
EBITDA$41,235$53,635$91,543$272
% Margin11.3%14.3%22.4%0.1%
The Baldwin Insurance Group, Inc. (BWIN) Financial Statements & Key Stats | AlphaPilot