For the quarter ending 2025-09-30, BWIN made $365,389,000 in revenue. -$18,727,000 in net income. Net profit margin of -5.13%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Total revenues | 365,389,000 | 378,811,000 | 413,405,000 | 355,129,500 |
| Colleague compensation and benefits | 193,031,000 | 195,471,000 | 198,020,000 | 270,272,000 |
| Outside commissions | 79,111,000 | 73,586,000 | 65,823,000 | - |
| Other operating expenses | 56,008,000 | 56,119,000 | 58,019,000 | 48,481,500 |
| Amortization expense | 30,394,000 | 26,010,000 | 25,882,000 | 25,218,500 |
| Change in fair value of contingent consideration | 1,980,000 | -1,957,000 | 8,061,000 | -4,774,500 |
| Depreciation expense | 1,649,000 | 1,642,000 | 1,583,000 | 1,540,000 |
| Total operating expenses | 362,173,000 | 350,871,000 | 357,388,000 | 340,737,500 |
| Operating income | 3,216,000 | 27,940,000 | 56,017,000 | 14,392,000 |
| Interest expense, net | -31,132,000 | -31,320,000 | -29,976,000 | -30,493,000 |
| Gain on divestitures | 0 | -1,111,000 | 1,401,000 | 18,258,000 |
| Loss on extinguishment and modification of debt | -3,290,000 | 0 | -2,394,000 | -4,908,000 |
| Other income, net | 860,000 | 35,000 | -150,000 | 5,005,000 |
| Total other expense, net | -33,562,000 | -32,396,000 | -31,119,000 | -12,138,000 |
| Loss before income taxes and share of net earnings of equity method investee | -30,346,000 | - | - | - |
| Share of net earnings of equity method investee | 109,000 | - | - | - |
| Loss before income taxes | -30,237,000 | -4,456,000 | 24,898,000 | 2,254,000 |
| Income tax expense | 0 | 685,000 | - | 82,333.333 |
| Net loss | -30,237,000 | -5,141,000 | 24,898,000 | 2,130,500 |
| Less net loss attributable to noncontrolling interests | -11,510,000 | -1,977,000 | 10,959,000 | 1,422,500 |
| Net loss attributable to baldwin | -18,727,000 | -3,164,000 | 13,939,000 | 708,000 |
| Basic and diluted loss per share | -0.27 | -0.05 | 0.21 | 0.01 |
| Diluted loss per share | -0.27 | -0.05 | 0.2 | 0.01 |
| Weighted-average shares of class a common stock outstanding - basic and diluted | 68,604,951 | 68,010,000 | 66,067,143 | -31,840,484 |
| Weighted-average shares of class a common stock outstanding - diluted | 68,604,951 | 68,010,000 | 69,327,694 | -31,840,484 |
Baldwin Insurance Group, Inc. (BWIN)
Baldwin Insurance Group, Inc. (BWIN)