8 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $1.5B | -$54M | 0.0% | 4.9% | -$69M | — | $124M |
| 2024 | $1.4B | -$41M | 0.0% | 4.4% | $10M | — | $90M |
| 2023 | $1.2B | -$164M | 0.0% | -3.5% | -$21M | — | $116M |
| 2022 | $981M | -$77M | 0.0% | -3.2% | -$24M | — | $118M |
| 2021 | $567M | -$58M | 0.0% | -5.6% | — | — | $138M |
| 2020 | — | -$16M | — | — | — | $399M | $108M |
| 2019 | — | -$9M | — | — | — | $0 | $68M |
| 2018 | — | -$624000 | — | — | — | $2M | $8M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $529M | $2M | 0.0% | -19.1% | -$19M | — | $146M |
| Dec '25 | $345M | -$26M | 0.0% | -3.8% | -$84000 | — | $124M |
| Sep '25 | $362M | -$19M | 0.0% | 0.9% | $32M | — | $90M |
| Jun '25 | $376M | -$3M | 0.0% | 7.4% | -$28M | — | $106M |
| Mar '25 | $411M | $14M | 0.0% | 13.6% | -$73M | — | $82M |
| Dec '24 | $327M | -$20M | 0.0% | -1.7% | -$14M | — | $90M |
| Sep '24 | $335M | -$8M | 0.0% | 4.6% | $22M | — | $182M |
| Jun '24 | $337M | -$18M | 0.0% | 4.9% | $8M | — | $208M |
| Mar '24 | $378M | $22M | 0.0% | 9.1% | -$5M | — | $112M |
| Dec '23 | $283M | -$34M | 0.0% | -10.5% | $15M | — | $116M |
| Sep '23 | $304M | -$18M | 0.0% | 0.0% | — | — | $79M |
| Jun '23 | $296M | -$24M | 0.0% | -5.6% | — | — | $106M |
| Mar '23 | $330M | -$14M | 0.0% | 1.1% | — | — | $81M |
| Dec '22 | — | -$48M | — | — | — | — | $118M |
| Sep '22 | — | -$25M | — | — | — | — | $159M |
| Jun '22 | — | $9M | — | — | — | — | $183M |
| Mar '22 | — | $23M | — | — | — | — | $157M |
| Dec '21 | — | -$23M | — | — | — | — | $138M |
| Sep '21 | — | -$13M | — | — | — | — | $374M |
| Jun '21 | — | -$10M | — | — | — | — | $224M |
How the market has priced BWIN against its own fundamentals since 2024-05 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Baldwin Insurance Group, Inc.'s revenue has grown 27.4% per year. These are computed facts, not advice.
As of FY2025, Baldwin Insurance Group, Inc. reported — of total debt against $124M of cash.
In FY2025, gross margin was —, operating margin 4.9%, and net margin -3.6%.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.