BWIN Q2 2024 Earnings — The Baldwin Insurance Group, Inc. Revenue & Financial Results | Market Cap Arena

BWINThe Baldwin Insurance Group, Inc.

$1B

Q2 2024 Earnings

Financial Services Insurance - Brokers

Income Statement

Revenue

$339M+14.8% YoY

Gross Profit

$94M27.9% margin

Operating Income

$16M4.9% margin

Net Income

-$18M-5.2% margin

EPS (Diluted)

$-0.28

QoQ Revenue Growth

-10.4%

Cash Flow

Operating Cash Flow

$18M

Free Cash Flow

$8M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$3.7B

Total Liabilities

$2.6B

Stockholders' Equity

$591M

Cash & Equivalents

$208M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$339M	$295M	+14.8%
Gross Profit	$94M	$70M	+35.4%
Operating Income	$16M	-$17M	+199.6%
Net Income	-$18M	-$24M	+26.5%