10-Q quarterly report · filed Jul 30, 2026

Baldwin Insurance Group, Inc. (BWIN) Q2 2026 10-Q Quarterly Report

Short answer

Baldwin Insurance Group, Inc. (BWIN) filed its Q2 2026 10-Q quarterly report on Jul 30, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $489M (up 29.9% year over year) with net income of −$39M.

Q2 2026 key financials · XBRL

Revenue
$489M
+29.9% YoY · −7.6% QoQ
Net income
−$39M
−1132.5% YoY · −1765.7% QoQ
Operating margin
-1.7%
EPS (diluted)
−$0.41
−720.0% YoY · −2150.0% QoQ

Source: XBRL data from the Baldwin Insurance Group, Inc. (BWIN) Q2 2026 10-Q on SEC EDGAR. USD.

Baldwin Insurance Group, Inc. Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Quarterly revenue $492.9M, up 30% YoY from $378.8M, driven by $106.8M partnership contribution
  • Operating margin (1.7%) vs 7.4% YoY; net loss $56.0M vs $5.1M
  • Commissions and fees $488.8M, up 30%; organic profit-sharing revenue increased $6.0M
  • Six-month partnerships totaled $1.6B; higher borrowings increased quarterly interest expense $14.3M
  • Near-term headwind: interest expense expected higher year over year from JPM Credit Facility borrowings

Risk Factors

  • Risk-factors section not provided; supplied text covers Items 2–6 only
  • No new regulatory, legal, compliance, operational, competitive, market, or financial risk disclosures identifiable
  • Share repurchases: $124.5 million remaining under authorized $250 million program as of June 30, 2026
  • Quarterly repurchases: 4,002,280 shares at average $20.63 per share

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

Other Baldwin Insurance Group, Inc. quarterly reports

Ask about this quarter

Compare quarters, check guidance or see what insiders and funds did around the report.