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The Baldwin Insurance Group, Inc. BWIN Mainstreet Insurance Solutions Segment — Depreciation and amortization expense

Other segment segments

Insurance Advisory Solutions
$16.94M+16.6%
Underwriting, Capacity & Technology Solutions
$6.45M+49.0%
Corporate Segment and Other Operating Segment
$1.71M+21.8%

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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:DepreciationDepletionAndAmortization.

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 SolutionsCorporateand OtherTotal
Net income (loss)$42,282$2,506$10,822$(57,506)$(1,896)
Other segment disclosures:
Change in fair value of contingent consideration$298$1,434$237$1,969
Depreciation and amortization expense32,25510,23612,8801,70757,078
Interest expense, net(134)791138,94438,900
Loss on extinguishment and modification of debt7,4097,409
Capital expenditures1,5296,9253,79441612,664
At March 31, 2026

Item 1. Financial Statements (Unaudited)

FAQ

What is The Baldwin Insurance Group, Inc.'s mainstreet insurance solutions segment — depreciation and amortization expense?
The Baldwin Insurance Group, Inc. (BWIN) reported mainstreet insurance solutions segment — depreciation and amortization expense of $12.88M in Q1 2026.
How has The Baldwin Insurance Group, Inc.'s mainstreet insurance solutions segment — depreciation and amortization expense changed year-over-year?
The Baldwin Insurance Group, Inc.'s mainstreet insurance solutions segment — depreciation and amortization expense increased by 70.5% year-over-year, from $7.56M to $12.88M.
What is the long-term trend for The Baldwin Insurance Group, Inc.'s mainstreet insurance solutions segment — depreciation and amortization expense?
Over 3 years (2022 to 2025), The Baldwin Insurance Group, Inc.'s mainstreet insurance solutions segment — depreciation and amortization expense has grown at a 41.2% compound annual growth rate (CAGR), from $14.86M to $41.81M.
What does mainstreet insurance solutions segment — depreciation and amortization expense mean?
The non-cash charge representing the systematic allocation of the cost of tangible and intangible assets over their useful lives within the Mainstreet Insurance Solutions segment. This metric is critical for understanding the capital intensity of the segment's operations. It is often used to adjust net income to arrive at a more accurate measure of cash-based operational performance.

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