Baldwin Insurance Group, Inc. (BWIN)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
|---|---|---|---|---|
| Insurance advisory solutions | - | 1,024 | - | - |
| Mainstreet insurance solutions | - | 58 | - | - |
| Underwriting capacity technology solutions | - | 1,038 | - | - |
| Corporate and other | - | 754 | - | - |
| Total revenues | 378,811 | 413,405 | 338,938 | 339,840 |
| Other operating expenses | 56,119 | 58,019 | 48,839 | 46,564 |
| Colleague compensation and benefits | 195,471 | 198,020 | 247,189 | 244,315 |
| Depreciation expense | 1,642 | 1,583 | 1,557 | 1,557 |
| Change in fair value of contingent consideration | -1,957 | 8,061 | -952 | 5,552 |
| Amortization expense | 26,010 | 25,882 | 26,899 | 25,394 |
| Outside commissions | 73,586 | 65,823 | - | - |
| Total operating expenses | 350,871 | 357,388 | 323,532 | 323,382 |
| Operating income | 27,940 | 56,017 | 15,406 | 16,458 |
| Loss on extinguishment and modification of debt | - | - | - | -14,679 |
| Other income (expense), net | 35 | -150 | 28 | -461 |
| Interest expense, net | -31,320 | -29,976 | -31,329 | -31,329 |
| Gain (loss) on divestitures | -1,111 | 1,401 | 1,809 | 628 |
| Loss on extinguishment and modification of debt | - | -2,394 | -389 | - |
| Total other expense, net | -32,396 | -31,119 | -29,881 | -45,841 |
| Income (loss) before income taxes | -4,456 | 24,898 | -14,475 | -29,383 |
| Income tax expense | 685 | - | - | 1,484 |
| Net income (loss) | -5,141 | 24,898 | -14,475 | -30,867 |
| Less net income (loss) attributable to noncontrolling interests | -1,977 | 10,959 | -6,098 | -13,310 |
| Net income (loss) attributable to baldwin | -3,164 | 13,939 | -8,377 | -17,557 |
| Basic earnings (loss) per share | -0.05 | 0.21 | -0.13 | -0.28 |
| Diluted earnings (loss) per share | -0.05 | 0.2 | -0.13 | -0.28 |
| Weighted-average shares of class a common stock outstanding - basic | 68,009,996 | 66,067,143 | 64,011,515 | 63,124,601 |
| Weighted-average shares of class a common stock outstanding - diluted | 68,009,996 | 69,327,694 | 64,011,515 | 63,124,601 |