Baldwin Insurance

BWIN

Q3 FY2026 EarningsQ3 FY26 results missed consensus across the board, headlined by a significant GAAP net loss of $81.6M. Revenue of $480.3M missed the $491.8M expectation, while organic growth slowed to 6%. Operating cash flow of $54.2M was nearly 71% below consensus, and a one-time 'Go-Private' cost of $21.0M further weighed on results. Despite a 240bps YoY expansion in Adjusted EBITDA margin to 22.2%, the overall financial performance was overshadowed by the announced all-cash take-private agreement at $32.50 per share.

Financial report interval: 2026.06.30 - 2026.09.30

Overview: Baldwin Insurance(BWIN) the Revenue is 480.26 M (+31.44%), Miss estimate;the EPS is -0.63 (-133.3%), Miss estimate.

Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueMiss expectations
0.48B31.44%
0.49B34.61%
-0.01B3.17%
EBIT
TBA--
0.01B252.01%
----
EPSMiss expectations
-0.63133.33%
-0.216219.93%
-0.4138153.26%

Upcoming earnings report - Annual FY2026

Available dateFeb 23, 2027
Estimate Revenue$1.991 B
Estimate EBIT-$78.3 M
Estimate EPS-$0.75

Revenue

ActualEstimateUnit: USD
Quarterly

EBIT

ActualEstimateUnit: USD
Quarterly

Net income

ActualEstimateUnit: USD
Quarterly

EPS

ActualEstimateUnit: USD
Quarterly