Twfg, Inc. income statement
In fiscal 2025, Twfg, Inc. reported revenue of $249m, up 22.0% on the year before, operating income of $37.0m (a 14.9% margin) and net income of $8.0m, or $0.53 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
| Fiscal year | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|
| Revenue | 154 | 172 | 204 | 249 | 295 |
| Operating income | 24 | 25 | 28 | 37 | 54 |
| Interest expense | 0 | 1 | 2 | 0 | 0 |
| Provision for credit losses | — | 0 | 0 | 0 | 1 |
| Income before tax | 23 | 25 | 30 | 44 | 60 |
| Income tax | 0 | 0 | 1 | 3 | 4 |
| Net income | 0 | 0 | 3 | 8 | 9 |
| Diluted EPS | — | — | $0.19 | $0.53 | — |
| Diluted shares (average) | — | — | 15m | 15m | — |
| EBITDA | 27 | 30 | 40 | 55 | 78 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 53 | 52 | 54 | 60 | 64 | 70 | 73 | 88 |
| Operating income | 6 | 7 | 6 | 7 | 9 | 15 | 12 | 18 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Provision for credit losses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income before tax | 7 | 9 | 8 | 10 | 11 | 17 | 14 | 18 |
| Income tax | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Net income | 1 | 8 | 1 | 2 | 2 | 3 | 2 | 2 |
| Diluted EPS | $0.08 | $0.11 | $0.09 | $0.13 | $0.11 | $0.19 | $0.12 | $0.18 |
| EBITDA | 9 | 10 | 9 | 11 | 14 | 21 | 19 | 25 |
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