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The Baldwin Insurance Group, Inc. BWIN Underwriting, Capacity & Technology Solutions — Goodwill, Measurement Period Adjustment

Other segment segments

Insurance Advisory Solutions
$0-100%
Mainstreet Insurance Solutions Segment
$0

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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 underwriting, capacity & technology solutions — goodwill, measurement period adjustment?
The Baldwin Insurance Group, Inc. (BWIN) reported underwriting, capacity & technology solutions — goodwill, measurement period adjustment of $341K in Q1 2026.
What does underwriting, capacity & technology solutions — goodwill, measurement period adjustment mean?
Reflects adjustments made to the initial purchase price allocation for acquisitions within the segment during the measurement period. These adjustments typically occur as the company refines its estimates of the fair value of assets acquired and liabilities assumed.

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