TWFG

MKT CAP:$300M

TWFG, Inc. Common Stock

Market Cap

$300M

Financial Services·Insurance - Brokers·🇺🇸 United States·NASDAQ

Financials·Insurance·🇺🇸·NASDAQ

Stock Price

$20.00-$8.00 (-28.57%)

Apr 21, 2026

Company Details

TWFG, Inc. operates an independent distribution platform for personal and commercial insurance products in the United States. Its personal and commercial insurance products include auto, home, renters, life, health, motorcycle, umbrella, bo...

CEO

Richard Finley Bunch

IPO Date

Jul 18, 2024

Website

www.twfg.com

Key Metrics TTM

Revenue

$46M

— YoY

Net Income

$8M

EPS (Diluted)

$0.58

Free Cash Flow

$7M

Revenue / Share

$3.50

Gross Margin

22.2%

Operating Margin

17.1%

Net Margin

16.5%

FCF Margin

14.4%

P/S

6.5x

P/E

39.5x

Earnings Reports

Q4 2023

May 12, 2026

PENDING

FY 2023

Sep 30, 2023

$90MEPS $0.59

Q3 2023

Sep 30, 2023

$46MEPS $0.58

Q2 2023

Jun 29, 2023

$44MEPS $0.01

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 23	$44M	$10M	$7M
Q3 23	$46M	$10M	$8M

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 23	$7M	$2M
Q3 23	$7M	$7M

Capital Expenditures

Quarter	CapEx
Q2 23	$5M
Q3 23	$767.0K

CapEx

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 23	$0	0.0%
Q3 23	$0	0.0%

OpEx Breakdown

Quarter	G&A
Q2 23	$3M
Q3 23	$3M

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 23	$39M	$0	$39M
Q1 24	$153M	$0	$153M
Q2 24	$26M	$0	$26M
Q3 24	$191M	$0	$191M
Q4 24	$196M	$0	$196M
Q1 25	$196M	$0	$196M
Q2 25	$160M	$0	$160M
Q3 25	$151M	$0	$151M
Q4 25	$156M	$0	$156M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 23	632M	—	—
Q3 23	13M	-97.9%	—

Shares Outstanding