BWIN Q1 2023 Earnings — The Baldwin Insurance Group, Inc. Revenue & Financial Results | Market Cap Arena

BWINThe Baldwin Insurance Group, Inc.

$1B

Q1 2023 Earnings

Financial Services Insurance - Brokers

Income Statement

Revenue

$327M+35.9% YoY

Gross Profit

$96M29.4% margin

Operating Income

$4M1.1% margin

Net Income

-$14M-4.3% margin

EPS (Diluted)

$-0.24

QoQ Revenue Growth

+32.4%

Cash Flow

Operating Cash Flow

-$14M

Free Cash Flow

-$18M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$3.4B

Total Liabilities

$2.3B

Stockholders' Equity

$606M

Cash & Equivalents

$81M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$327M	$241M	+35.9%
Gross Profit	$96M	$87M	+10.5%
Operating Income	$4M	$40M	-90.9%
Net Income	-$14M	$23M	-161.8%