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The Baldwin Insurance Group, Inc. BWIN Assumed premium earned — Commissions and fees

Other product segments

Commission revenue(1)
$420.55M+24.1%
Consulting and service fee revenue
$43.47M+116%
Profit-sharing revenue
$26.11M+7.3%
Policy fee and installment fee revenue
$20.74M+15.4%
Other income
$3.79M-22.3%

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Other financials

Income statement

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Revenue$532.2M+28.7%
Operating income-$101.3M-281%
Net income$2.3M-83.2%
EPS (diluted)$0.02-90.0%

Balance sheet

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Cash & equivalents$456.1M+52.5%
Total debt$2.3B+42.5%
Total equity$963.9M+55.6%
Total assets$5.9B+67.5%

Cash flow

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Operating cash flow-$6.1M+90.5%
CapEx$12.7M+41.8%
Free cash flow-$18.7M+74.3%

Valuation

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Market cap$2.38B-30.3%
Enterprise value$4.19B-9.3%
P/S1.5×-0.9×

Profitability

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Operating margin5.9%+3.2pp
Net margin-2.8%+0.9pp
FCF margin-0.4%

Returns & leverage

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Return on equity-5.7%+0.5pp
Debt / equity2.4×-0.2×
Current ratio1.1×0.0×

Where this comes from

Reported directly by The Baldwin Insurance Group, Inc. in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: The Baldwin Insurance Group, Inc.’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is The Baldwin Insurance Group, Inc.'s assumed premium earned — commissions and fees?
The Baldwin Insurance Group, Inc. (BWIN) reported assumed premium earned — commissions and fees of $14.19M in Q1 2026.
How has The Baldwin Insurance Group, Inc.'s assumed premium earned — commissions and fees changed year-over-year?
The Baldwin Insurance Group, Inc.'s assumed premium earned — commissions and fees increased by 228.7% year-over-year, from $4.32M to $14.19M.
What does assumed premium earned — commissions and fees mean?
This metric represents the portion of revenue derived from commissions and fees associated with assumed insurance premiums within the company's underwriting or distribution operations. It reflects the income generated by the firm for facilitating or managing risk transfer arrangements where the company acts as the primary entity or intermediary for assumed business. This figure is a key indicator of the firm's ability to capture value from its specialized insurance and reinsurance distribution activities.