The Baldwin Insurance Group, Inc. splits its revenue 2 ways in its filings. By operating segments, the largest line in fiscal 2025, which ended Dec 31, 2025 was Insurance Advisory Solutions at $727.3 million, 49% of the total. By sales mix, the largest line in fiscal 2025, which ended Dec 31, 2025 was Commission Revenue at $1.2 billion, 79% of the total.
USD in millions. The percent under a figure is the change from the year before.
| Line |
FY 2026
Jun 30, 2026
|
FY 2025
Dec 31, 2025
|
FY 2024
Dec 31, 2024
|
FY 2023
Dec 31, 2023
|
FY 2022
Dec 31, 2022
|
FY 2021
Dec 31, 2021
|
FY 2020
Dec 31, 2020
|
FY 2019
Dec 31, 2019
|
|---|---|---|---|---|---|---|---|---|
| Revenue |
1,725
|
1,494
|
1,377
|
1,212
|
—
|
—
|
—
|
—
|
| Operating segments | ||||||||
| Insurance Advisory Solutions |
923
+26.0%
share 53.5%
|
727
+2.2%
share 48.7%
|
712
+10.2%
share 51.7%
|
646
+15.6%
share 53.3%
|
559
+53.6%
|
364
|
—
|
—
|
| Underwriting Capacity Technology Solutions |
572
+10.2%
share 33.2%
|
549
+16.2%
share 36.8%
|
473
+16.9%
share 34.3%
|
405
+31.5%
share 33.4%
|
308
+113.0%
|
144
|
—
|
—
|
| Mainstreet Insurance Solutions |
310
+8.1%
share 18.0%
|
298
+5.9%
share 19.9%
|
281
+19.8%
share 20.4%
|
235
+49.5%
share 19.4%
|
157
+154.4%
|
62
|
—
|
—
|
| Corporate And Other |
-67
+13.2%
share -3.9%
|
-70
+9.7%
share -4.7%
|
-77
-15.5%
share -5.6%
|
-67
-55.8%
share -5.5%
|
-43
-1473.3%
|
-3
|
—
|
—
|
| Sales mix | ||||||||
| Commission Revenue |
1,342
+15.2%
share 77.8%
|
1,186
+5.0%
share 79.4%
|
1,130
+16.8%
share 82.0%
|
968
+23.0%
share 79.8%
|
787
|
—
|
—
|
—
|
| Profit Sharing Revenue |
105
+8.9%
share 6.1%
|
94
-1.5%
share 6.3%
|
96
+2.2%
share 6.9%
|
93
share 7.7%
|
—
|
—
|
16
+70.8%
|
10
|
| Policy Feeand Installment Fee Revenue |
83
+16.6%
share 4.8%
|
79
+29.5%
share 5.3%
|
61
-7.1%
share 4.4%
|
65
+18.1%
share 5.4%
|
55
+178.2%
|
20
+30.6%
|
15
+86.9%
|
8
|
| Earned Premium |
42
share 2.5%
|
23
share 1.5%
|
—
|
—
|
—
|
—
|
—
|
—
|
| Other Insurance Product Line |
16
-15.9%
share 0.9%
|
17
+29.2%
share 1.1%
|
13
+18.3%
share 0.9%
|
11
-3.7%
share 0.9%
|
11
+53.4%
|
7
-20.8%
|
9
+215.8%
|
3
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.
Company profile
- Industry
- Insurance Agents, Brokers & Service (SIC 6411)
- Listed as
- BWIN (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Tampa, FL
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1781755
- Former names
- BRP Group, Inc. (until Apr 25, 2024)
Other Insurance Agents, Brokers & Service companies
Source: SEC EDGAR filings. This is company-reported data, not investment advice.