Baldwin Insurance Group (BWIN)
NASDAQ:BWIN
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Earnings Data
Report Date
Aug 11, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.48Last Year’s EPS
0.42Same Quarter Last Year
Moderate Buy
Based on 9 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a mix of meaningful operational and financial positives — including strong adjusted EBITDA growth (+21%), rapid synergy capture at CAC (~$34M realized), robust specialty business growth (Juniper Re +90%, multifamily +10%), and promising AI-driven productivity gains — alongside near-term headwinds: modest reported organic revenue (2%), MIS softness, a sharp decline in E&S homeowners (~30% in Q1), margin compression (~170 bps), a Q1 working capital cash drag, and elevated leverage (~4.3x). Management emphasized that many headwinds are transitory (QBE builder transition lapped May 1, Medicare disruption expected to abate next quarter, IAS accounting procedural items normalize), reaffirmed guidance, and highlighted momentum from partnerships and Catalyst/AI initiatives. Overall the balance of positive execution items and forward-looking operational levers modestly outweighs the short-term challenges.Company Guidance
Solid Top-Line and Adjusted Profitability
Total revenue of $532.2 million in Q1 2026; adjusted EBITDA of $137.2 million, up 21% year-over-year (from $113.8M); adjusted EBITDA margin of 25.8%; adjusted net income of $89.3 million and adjusted diluted EPS of $0.63.
Strong Contribution from Recent Partnerships (CAC, Capstone, Ovi)
Collectively the three partnerships grew 27% over 2025. CAC delivered total revenue of $92 million (up 27% vs. 2025) and $38 million of new business (up 39% YoY). Including the March partnerships as if owned in both periods, overall organic revenue growth would have been 9%.
Rapid Synergy Execution at CAC
Actioned over $34 million of cost synergies — ~80% of the three-year $43 million target — and realized $1 million of revenue synergies in the quarter (nearly $3 million as of the call) with more than $10 million of active client cross-sell opportunities.
High Growth in Specialty Insurance Businesses
Juniper Re grew over 90% in the quarter; multifamily business revenue grew 10%; transaction-related product lines net growth was 22%. IAS organic revenue growth of 4% in Q1 (10% if CAC and Capstone included pro forma).
AI and Catalyst Driving Operational Productivity
Proprietary AI orchestration layer and Catalyst program delivering early productivity gains up to 80% in internal workflows; expected in-year IAS savings of $3M–$5M from the 3B30 Catalyst initiative. Example: admitted product build compressed from months to 3 days using AI.
Capital Return and Financial Discipline
Deployed ~$50 million of a $250 million buyback authorization to repurchase 2.2 million shares while maintaining a disciplined capital allocation framework prioritizing organic investments and M&A.
Guidance Maintained and Q2 Visibility
Full-year consolidated guidance unchanged. Q2 2026 outlook: revenue $485M–$490M, mid-single-digit organic revenue growth, adjusted EBITDA $113M–$118M, adjusted diluted EPS $0.44–$0.48; company expects organic growth to accelerate through the year.
BWIN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
BWIN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 04, 2026 | $21.97 | $21.27 | -3.19% |
Feb 26, 2026 | $18.49 | $23.23 | +25.64% |
Sep 30, 2025 | $28.21 | $27.12 | -3.86% |
Aug 05, 2025 | $36.46 | $30.38 | -16.68% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Baldwin Insurance Group (BWIN) report earnings?
Baldwin Insurance Group (BWIN) is schdueled to report earning on Aug 11, 2026, After Close (Confirmed).
What is Baldwin Insurance Group (BWIN) earnings time?
Baldwin Insurance Group (BWIN) earnings time is at Aug 11, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BWIN EPS forecast?
BWIN EPS forecast for the fiscal quarter 2026 (Q2) is 0.48.