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The Baldwin Insurance Group, Inc. BWIN Other income — 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%
Assumed premium earned
$14.19M+229%

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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 other income — commissions and fees?
The Baldwin Insurance Group, Inc. (BWIN) reported other income — commissions and fees of $3.79M in Q1 2026.
How has The Baldwin Insurance Group, Inc.'s other income — commissions and fees changed year-over-year?
The Baldwin Insurance Group, Inc.'s other income — commissions and fees decreased by 22.3% year-over-year, from $4.88M to $3.79M.
What is the long-term trend for The Baldwin Insurance Group, Inc.'s other income — commissions and fees?
Over 4 years (2021 to 2025), The Baldwin Insurance Group, Inc.'s other income — commissions and fees has grown at a 22.6% compound annual growth rate (CAGR), from $7.32M to $16.54M.
What does other income — commissions and fees mean?
This metric represents revenue generated from ancillary services, specialized consulting, or non-core insurance distribution activities that fall outside the primary business lines. It captures income streams derived from unique contractual arrangements or niche service offerings within the insurance distribution ecosystem. Monitoring this metric helps investors assess the diversification of the firm's revenue base and the contribution of secondary service lines to overall financial performance.