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Baldwin Insurance Group, Inc. income statement

In fiscal 2025, Baldwin Insurance Group, Inc. reported revenue of $1.50bn, up 8.3% on the year before, operating income of $73.9m (a 4.9% margin) and net income of −$33.8m, or −$0.50 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue5679811,2191,3891,5051,738
Operating income−32−31−436174−120
Net interest income−27−71−119−124−121−145
Income before tax−58−76−163−39−52−275
Income tax01122−143
Net income−31−42−90−25−34−81
Diluted EPS−$0.64−$0.74−$1.50−$0.39−$0.50−$1.00
Diluted shares (average)48m57m60m63m68m81m
EBITDA20555617020269

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Baldwin Insurance Group, Inc.'s SEC filings (10-K and 10-Q), retrieved October 26, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Baldwin Insurance Group, Inc.