NASDAQ$BWIN

Baldwin Insurance Group Inc · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

Baldwin Insurance Group reported Q2 2025 revenue of $378.8M, a net loss of $3.2M, diluted EPS of $-0.05.

For Q2 2025, Baldwin Insurance Group reported Revenue was $378.8M, net loss was $3.2M, diluted EPS was $-0.05. Management discusses segment trends, liquidity, and outlook in the quarterly filing.

  • Revenue $378.8M for Q2 2025.
  • Net loss $3.2M.
  • Diluted EPS $-0.05.

Headline financials

Total Revenue

$379M

Previous: $340M+11.5%
EPS (adj)

-$0.05

Previous: -$0.28+82.1%
Organic Revenue Growth

11.0%

Previous: 19.0%-42.1%
Adjusted EBITDA

$85.5M

No prior period
Adjusted EBITDA Margin

22.6%

Previous: 22.0%+2.7%
Net Income

-$3.16M

Previous: -$17.6M+82.0%
Operating Income

$27.9M

Previous: $16.5M+69.8%

Revenue & EPS history

Baldwin Insurance · Revenue · Quarterly

$379M

Q2 2025+11.5%vs Q2 2024
Beat estimate in 8 of 14 quarters(57%)
ActualEstimate

Forward guidance

Services platforms cite membership trends, claims experience, and M&A integration.

Tailwinds

  • Customer retention and pricing actions.
  • Cross-sell and cost initiatives.

Headwinds

  • Weather, claims inflation, and competition.
  • Leverage and integration execution.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2025

Historical avgQ2 2025

+0.6%

Avg return

Earnings day

+3.0%

Avg return

5 days after

+6.0%

Avg return

30 days after

57%

16 / 28 earnings

Positive

+25.6%

Q4 2025

Best reaction

-25.4%

Q1 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.3%-8.4%-14.8%
Q4 2025+25.6%+19.3%+14.1%
Q3 2025+10.0%+15.1%+8.9%
Q3 2026+2.8%+19.9%+15.6%
Q2 2025-16.7%-13.4%-12.6%
Q1 2025-4.3%-3.8%-5.6%
Q4 2024+1.8%-1.7%+13.2%
Q3 2024-10.3%+1.7%+8.5%
Q2 2024+3.3%+1.8%+13.0%
Q1 2024+11.8%+6.7%+20.6%
Q4 2023+2.7%+9.8%+6.8%
Q3 2023-11.9%-9.8%-12.0%
Q2 2023-3.6%+0.4%+7.9%
Q1 2023-4.4%-4.8%-5.0%
Q4 2022-3.0%-4.9%-12.1%
Q3 2022+1.7%+6.5%-0.3%
Q2 2022+3.7%+7.7%+10.1%
Q1 2022-25.4%-2.6%+7.3%
Q4 2021-2.2%-4.4%-3.4%
Q3 2021+2.0%+7.0%-0.3%
Q2 2021+17.9%+26.8%+38.1%
Q1 2021-5.9%-6.6%+4.9%
Q4 2020+1.5%+0.1%+6.9%
Q3 2020+5.4%+5.2%-5.8%
Q2 2020+7.6%+4.9%+31.2%
Q1 2020+2.0%+16.5%+47.9%
Q4 2019+11.5%+8.8%-8.1%
Q3 2019-7.1%-14.2%-6.8%
Q2 2019
Q4 2018
Q3 2018

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