Core Insights - The Baldwin Insurance Group reported revenue of $347.28 million for Q4 2025, a 5.3% year-over-year increase, with an EPS of $0.31 compared to $0.27 a year ago [1] - The revenue fell short of the Zacks Consensus Estimate of $354.34 million, resulting in a surprise of -1.99%, while the EPS exceeded expectations by 7.83% [1] Financial Performance Metrics - Organic revenue growth was 3%, below the two-analyst average estimate of 4.2% [4] - Commissions and fees revenue was $344.58 million, compared to the average estimate of $351.21 million, reflecting a year-over-year increase of 5.5% [4] - Investment income was reported at $2.7 million, slightly below the estimated $2.71 million, marking a 15.4% decrease year-over-year [4] - Corporate and Other revenues were -$16.93 million, better than the estimated -$17.65 million, but showed an 18.9% decline from the previous year [4] - Underwriting, Capacity & Technology Solutions revenue was $129.5 million, compared to the estimate of $132.18 million, with a year-over-year increase of 10.9% [4] - Mainstreet Insurance Solutions revenue was $76.84 million, in line with the estimate of $76.83 million, reflecting a 6.9% year-over-year increase [4] - Insurance Advisory Solutions revenue was $157.87 million, below the average estimate of $164.49 million, showing a significant year-over-year decline of 68.6% [4] Stock Performance - Shares of The Baldwin Insurance Group have decreased by 25.8% over the past month, contrasting with a 0.6% increase in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]

Q4 2025 EARNINGS SUPPLEMENT Please refer to the organic revenue growth reconciliation, adjusted EBITDA bridge, adjusted compensation and benefits expense, adjusted selling, operating and administrative expense, adjusted EBITDA margin on retained commissions and fees bridge, pro forma consolidated and credit adjusted EBITDA bridge, adjusted free cash flow bridge, and partnership adjusted EBITDA bridge slides throughout this presentation, in addition to our earnings release issued on February 26, 2026 and pos ...

Core Insights - The Baldwin Insurance Group (BWIN) is expected to report quarterly earnings of $0.29 per share, reflecting a 7.4% increase year-over-year [1] - Revenues are forecasted to be $354.34 million, also representing a year-over-year increase of 7.4% [1] Earnings Estimates - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analysts' projections [2] - Revisions to earnings estimates are crucial for predicting investor actions, as there is a strong correlation between earnings estimate trends and short-term stock performance [3] Revenue Projections - Analysts project 'Revenues- Insurance Advisory Solutions' at $164.49 million, indicating a significant decline of 67.3% year-over-year [5] - 'Revenues- Underwriting, Capacity & Technology Solutions' is expected to reach $132.18 million, reflecting a 13.2% increase from the previous year [5] - 'Revenues- Investment income' is anticipated to be $2.71 million, suggesting a decrease of 14.8% year-over-year [5] - 'Revenues- Commissions and fees' are projected at $351.21 million, indicating a 7.5% increase from the year-ago quarter [6] - The consensus estimate for 'Revenues- Mainstreet Insurance Solutions' stands at $76.83 million, reflecting a 6.9% year-over-year increase [6] Organic Revenue Growth - Organic revenue growth is projected to be 4.2%, a decrease from the 19.0% reported in the same quarter of the previous year [7] Stock Performance - Over the past month, BWIN shares have recorded a return of -31%, compared to the Zacks S&P 500 composite's -0.3% change [8] - BWIN holds a Zacks Rank 5 (Strong Sell), indicating a likely underperformance relative to the overall market in the upcoming period [8]

Core Insights - The Baldwin Insurance Group reported a revenue of $365.39 million for the quarter ended September 2025, reflecting a year-over-year increase of 7.8% and a slight revenue surprise of +0.3% over the Zacks Consensus Estimate of $364.32 million [1] - The company's EPS for the quarter was $0.31, down from $0.33 in the same quarter last year, with an EPS surprise of +3.33% compared to the consensus estimate of $0.30 [1] Revenue Breakdown - Organic revenue growth was reported at 5%, slightly below the three-analyst average estimate of 5.5% [4] - Revenue from Insurance Advisory Solutions was $158.52 million, which is lower than the average estimate of $166.66 million, representing a year-over-year decline of -0.5% [4] - Underwriting, Capacity & Technology Solutions generated $147.27 million, exceeding the average estimate of $144.27 million, with a year-over-year increase of +13.5% [4] - Investment income was reported at $3.07 million, surpassing the estimated $2.52 million, but showing a significant year-over-year decline of -17.6% [4] - Corporate and Other revenue was reported at -$16.87 million, better than the estimated -$19.01 million, with a year-over-year change of -19.1% [4] - Commissions and fees revenue reached $362.32 million, slightly above the average estimate of $360.98 million, reflecting a year-over-year increase of +8.1% [4] - Mainstreet Insurance Solutions generated $76.48 million, exceeding the average estimate of $74.53 million, with a year-over-year growth of +8.2% [4] Stock Performance - The Baldwin Insurance Group's shares have returned -18.9% over the past month, contrasting with the Zacks S&P 500 composite's +2.1% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]

Q3 2025 EARNINGS SUPPLEMENT November 2025 Non-GAAP financial measures This presentation includes certain financial measures (including, retained commissions and fees, organic revenue, organic revenue growth, adjusted EBITDA, adjusted EBITDA margin, adjusted EBITDA margin on retained commissions and fees, adjusted net income, adjusted diluted EPS, pro forma revenue, pro forma adjusted EBITDA, pro forma adjusted EBITDA margin, and adjusted free cash flow) that are calculated and presented on the basis of meth ...

Core Insights - The Baldwin Insurance Group reported a revenue of $378.81 million for the quarter ended June 2025, reflecting an 11.5% increase year-over-year and a surprise of +1.23% over the Zacks Consensus Estimate of $374.2 million [1] - The earnings per share (EPS) for the quarter was $0.42, up from $0.34 in the same quarter last year, with an EPS surprise of +2.44% compared to the consensus estimate of $0.41 [1] Financial Performance Metrics - Organic revenue growth was reported at 11%, exceeding the average estimate of 9.8% based on four analysts [4] - Revenue from Insurance Advisory Solutions was $183.27 million, surpassing the estimated $176.75 million, representing a year-over-year increase of +9% [4] - Revenue from Underwriting, Capacity & Technology Solutions was $147.51 million, exceeding the estimated $145.7 million, with a year-over-year change of +20.4% [4] - Revenue from Mainstreet Insurance Solutions was $66.56 million, below the estimated $71.56 million, indicating a year-over-year decrease of -0.8% [4] - Revenue from Corporate and Other was reported at -$18.53 million, better than the estimated -$22.4 million, showing a year-over-year improvement of +3.9% [4] - Revenue from Commissions and fees was $376.25 million, exceeding the estimated $372.44 million, with a year-over-year increase of +11.6% [4] - Investment income was reported at $2.56 million, slightly below the estimated $2.71 million, reflecting a year-over-year decrease of -6.4% [4] Stock Performance - Shares of The Baldwin Insurance Group have returned -9.6% over the past month, contrasting with the Zacks S&P 500 composite's +1% change [3] - The stock currently holds a Zacks Rank 2 (Buy), suggesting potential outperformance against the broader market in the near term [3]

Financial Performance - Q2 2025 - Total revenue increased to $378811000, an 11% growth compared to Q2 2024's $339840000[7] - Retained commissions and fees reached $305225000, a 13% increase from Q2 2024's $271184000[7] - Adjusted EBITDA rose to $85512000, a 14% increase from $74888000 in Q2 2024[7] - Adjusted net income increased by 23% to $49510000, compared to $40339000 in Q2 2024[7] Financial Performance - Year-to-Date 2025 - Total revenue reached $792216000, a 10% increase compared to YTD 2024's $720207000[7] - Retained commissions and fees increased to $652807000, an 11% rise from YTD 2024's $590514000[7] - Adjusted EBITDA grew to $199307000, a 13% increase from $176574000 YTD 2024[7] - Adjusted net income increased by 19% to $126068000, compared to $106255000 YTD 2024[7] Strategic Acquisition - Westwood acquired Hippo's homebuilder distribution network on July 1, 2025[15] - The acquired network has approximately $29 million in LTM revenue[12] - The acquisition is expected to contribute ~$7 million in NTM Adjusted EBITDA[12]

Core Insights - The Baldwin Insurance Group reported revenue of $413.41 million for the quarter ended March 2025, reflecting an 8.7% increase year-over-year, but a slight miss of 1.03% against the Zacks Consensus Estimate of $417.7 million [1] - Earnings per share (EPS) for the quarter was $0.65, matching the consensus estimate but up from $0.56 in the same quarter last year [1] Revenue Performance - Organic revenue growth was reported at 10%, slightly above the four-analyst average estimate of 9.9% [4] - Revenue from Insurance Advisory Solutions was $227.67 million, below the average estimate of $238.87 million, but showing a year-over-year increase of 2.4% [4] - Underwriting, Capacity & Technology Solutions generated $125.17 million, exceeding the average estimate of $118.98 million, with a significant year-over-year growth of 20.5% [4] - Mainstreet Insurance Solutions reported revenue of $77.87 million, slightly below the average estimate of $80.13 million, with an 8.6% year-over-year increase [4] - Commissions and fees revenue was $410.53 million, close to the average estimate of $412.08 million [4] - Investment income reached $2.87 million, surpassing the average estimate of $2.78 million [4] Stock Performance - The Baldwin Insurance Group's shares have returned -1.2% over the past month, contrasting with the Zacks S&P 500 composite's +11.5% change [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]

Financial Performance Highlights - Total revenue increased by 9% from $380367000 in Q1 2024 to $413405000 in Q1 2025[6] - Retained commissions and fees grew by 9% from $319330000 in Q1 2024 to $347582000 in Q1 2025[6] - Adjusted EBITDA increased by 12% from $101686000 in Q1 2024 to $113795000 in Q1 2025[6] - Adjusted net income increased by 17% from $65315000 in Q1 2024 to $76558000 in Q1 2025[6] - Adjusted diluted EPS increased by 16% from $056 in Q1 2024 to $065 in Q1 2025[6] Organic Revenue Growth - Consolidated organic revenue growth was 10% in Q1 2025[6] - Underwriting, Capacity & Technology Solutions (UCTS) experienced the highest organic revenue growth at 32% in Q1 2025[10] - Mainstreet Insurance Solutions (MIS) organic revenue growth was 10% in Q1 2025[12] - Insurance Advisory Solutions organic revenue growth was 3% in Q1 2025[10] Profitability Metrics - Adjusted EBITDA margin was 28% in Q1 2025, compared to 27% in Q1 2024[6] - Adjusted EBITDA margin on retained commissions and fees was 33% in Q1 2025, compared to 32% in Q1 2024[6] - Net income margin decreased from 10% in Q1 2024 to 6% in Q1 2025[6]