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The Baldwin Insurance Group, Inc. BWIN Inside advisor commissions — Colleague compensation and benefits

Other product segments

Fixed compensation
$109.11M+38.9%
Benefits and other
$60.12M+35.2%
Share-based compensation
$12.82M+0.1%
Severance
$6.32M+424%

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SIGIInvestments — Commissions to distribution partners
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KMPRInsurance commissions
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PRICorporate And Other — Insurance Commissions
$119K-39.9%

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$2.42B-30.3%

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:LaborAndRelatedExpense.

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 inside advisor commissions — colleague compensation and benefits?
The Baldwin Insurance Group, Inc. (BWIN) reported inside advisor commissions — colleague compensation and benefits of $95.25M in Q1 2026.
How has The Baldwin Insurance Group, Inc.'s inside advisor commissions — colleague compensation and benefits changed year-over-year?
The Baldwin Insurance Group, Inc.'s inside advisor commissions — colleague compensation and benefits increased by 48.3% year-over-year, from $64.24M to $95.25M.
What is the long-term trend for The Baldwin Insurance Group, Inc.'s inside advisor commissions — colleague compensation and benefits?
Over 3 years (2022 to 2025), The Baldwin Insurance Group, Inc.'s inside advisor commissions — colleague compensation and benefits has grown at a 10.3% compound annual growth rate (CAGR), from $154.96M to $207.71M.
What does inside advisor commissions — colleague compensation and benefits mean?
This metric represents the total personnel-related expenses, including salaries, bonuses, and benefits, allocated specifically to the inside advisor commissions business segment. It reflects the direct labor costs required to support the distribution and management of insurance products within this specific operational unit. Monitoring this figure helps investors assess the cost structure and operating leverage associated with the firm's internal insurance brokerage and advisory activities.