undamentalytics Newsletter

Baldwin Insurance Group, Inc. revenue

Baldwin Insurance Group, Inc.'s revenue was $1.50bn in fiscal 2025, up 8.3% on the year before. Since fiscal 2021 ($567m) it has grown at a compound 27.6% a year. Over the last twelve months it was $1.74bn.

Revenue history

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

Baldwin Insurance Group, Inc.: revenue history, annual
Fiscal year2021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue5679811,2191,3891,5051,738
Growth on the year before—+72.9%+24.3%+14.0%+8.3%—

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Insurance Advisory Solutions $727M 48.3% ▲ 2.2%
Underwriting Capacity Technology Solutions $549M 36.5% ▲ 16.2%
Mainstreet Insurance Solutions $298M 19.8% ▲ 5.9%
Corporate and Other -$69.6M -4.6% —
Products and services
Line of business Revenue Share YoY
Commission Revenue $1.2B 79.4% ▲ 5.0%
Consulting and Service Fee Revenue $95.4M 6.4% ▲ 22.0%
Profit Sharing Revenue $94.1M 6.3% ▼ 1.5%
Policy Fee and Installment Fee Revenue $78.6M 5.3% ▲ 29.5%
Earned Premium $22.6M 1.5% —
Other Insurance Product Line $16.5M 1.1% ▲ 29.2%

From Baldwin Insurance Group, Inc.'s 10-K filed February 26, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Insurance Brokers: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Baldwin Insurance Group, Inc. $1.74bn 18.9% —
Selectquote, Inc. $1.62bn 6.0% 17.3%
Hagerty, Inc. $1.43bn 5.2% 17.1%
Crawford & Co $1.30bn -3.6% -1.0%
Ryan Specialty Holdings, Inc. $3.25bn 9.8% 18.0%
Erie Indemnity $4.12bn 2.0% 9.4%

Compare with peers

Head to head: BWIN vs SLQTBWIN vs HGTYBWIN vs CRD.ABWIN vs RYAN

More: Insurance Brokers stocks compared, Financials sector, rankings of US companies

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.