BWIN Q2 2023 Earnings — The Baldwin Insurance Group, Inc. Revenue & Financial Results | Market Cap Arena

BWINThe Baldwin Insurance Group, Inc.

$1B

Q2 2023 Earnings

Financial Services Insurance - Brokers

Income Statement

Revenue

$295M+29.0% YoY

Gross Profit

$70M23.6% margin

Operating Income

-$17M-5.6% margin

Net Income

-$24M-8.1% margin

EPS (Diluted)

$-0.40

QoQ Revenue Growth

-9.9%

Cash Flow

Operating Cash Flow

$49M

Free Cash Flow

$44M

Stock-Based Comp.

$19M

Balance Sheet

Total Assets

$3.5B

Total Liabilities

$2.4B

Stockholders' Equity

$599M

Cash & Equivalents

$106M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$295M	$229M	+29.0%
Gross Profit	$70M	$56M	+24.9%
Operating Income	-$17M	$25M	-165.0%
Net Income	-$24M	$9M	-376.5%