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The Baldwin Insurance Group, Inc. BWIN Insurance Advisory Solutions — Goodwill, Measurement Period Adjustment

Other segment segments

Mainstreet Insurance Solutions Segment
$0
Underwriting, Capacity & Technology Solutions
$0-100%

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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$2.77B+27.8%
Enterprise value$4.58B+35.9%
P/S1.7×+0.2×

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:GoodwillPurchaseAccountingAdjustments.

The source filing: The Baldwin Insurance Group, Inc.’s 10-Q, filed May 4, 2026.

Filed
May 4, 2026, 4:54 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001781755-26-000034
(in thousands)Insurance Advisory SolutionsUnderwriting, Capacity & Technology SolutionsMainstreet Insurance SolutionsTotal
Balance at December 31, 2025$932,487$241,905$342,779$1,517,171
Goodwill of acquired businesses940,290194,3291,134,619
Measurement period adjustments(1)341341
Balance at March 31, 2026$1,872,777$436,575$342,779$2,652,131

Item 1. Financial Statements (Unaudited)

FAQ

What is The Baldwin Insurance Group, Inc.'s insurance advisory solutions — goodwill, measurement period adjustment?
The Baldwin Insurance Group, Inc. (BWIN) reported insurance advisory solutions — goodwill, measurement period adjustment of $0 in Q1 2026.
What does insurance advisory solutions — goodwill, measurement period adjustment mean?
Reflects retrospective adjustments made to the initial valuation of assets and liabilities acquired during a business combination within the Insurance Advisory Solutions segment. These adjustments occur during the measurement period as more information becomes available regarding the fair value of the acquired items.

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