For the quarter ending 2025-09-30, TWFG made $64,123,000 in revenue. $1,722,000 in net income. Net profit margin of 2.69%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Total revenues | 64,123,000 | 60,308,000 | 53,823,000 | - |
| Commission expense | 34,639,000 | 34,151,000 | 31,814,000 | - |
| Salaries and employee benefits | 9,929,000 | 9,493,000 | 8,196,000 | - |
| Other administrative expenses (related party of 785 and 339 for the three months ended and 2,333 and 1,122 for the nine months ended september 30, 2025 and 2024, respectively) | 5,194,000 | 5,400,000 | 4,724,000 | - |
| Depreciation and amortization | 5,327,000 | 3,901,000 | 3,359,000 | - |
| Total operating expenses | 55,089,000 | 52,945,000 | 48,093,000 | - |
| Interest expense | - | 100,000 | - | - |
| Operating income | 9,034,000 | 7,363,000 | 5,730,000 | 6,726,666.667 |
| Interest expense | 70,000 | 100,000 | 83,000 | 604,000 |
| Interest income | 1,574,000 | 1,751,000 | 1,863,000 | 1,094,000 |
| Other non-operating income (expense), net | 59,000 | 574,000 | -1,000 | 4,333.333 |
| Income before tax | 10,597,000 | 9,620,000 | 7,509,000 | 7,585,666.667 |
| Net income from continuing operations | - | - | - | 7,233,000 |
| Income tax expense | 977,000 | 620,000 | 656,000 | 352,666.667 |
| Net income | 9,620,000 | 9,000,000 | 6,853,000 | 7,233,000 |
| Less net income attributable to noncontrolling interests | 7,898,000 | 7,043,000 | 5,515,000 | 6,702,666.667 |
| Net income attributable to twfg, inc | 1,722,000 | 1,957,000 | 1,338,000 | 530,333.333 |
| Basic (in dollars per share) | 0.11 | 0.13 | 0.09 | 0.037 |
| Basic (in shares) | 15,005,426 | 14,904,083 | 14,889,739 | 16,476.667 |
| Diluted (in dollars per share) | 0.11 | 0.13 | 0.09 | 0.037 |
| Diluted (in shares) | 15,100,655 | 56,278,869 | 15,055,553 | 30,675.667 |
TWFG, Inc. (TWFG)
TWFG, Inc. (TWFG)