The Baldwin Insurance Group Inc (NAS:BWIN)

Q3 2025 Baldwin Insurance Group Inc Earnings Call Transcript

Nov 4, 2025 / 10:00 PM GMT

Release Date Price: $23.01 (+2.68%)

Transcript 10-Q8-K

Key Points

Positve

The Baldwin Insurance Group Inc (BWIN) reported a 5% organic revenue growth in Q3, with year-to-date growth at 9%.
The company's adjusted diluted earnings per share grew 11% year over year.
The Baldwin Insurance Group Inc (BWIN) has a strong backlog of new business, with several significant client wins from large global competitors.
The company's underwriting capacity and technology solution segment saw a 16% organic revenue growth, driven by strong performance in multi-family and commercial umbrella portfolios.
The Baldwin Insurance Group Inc (BWIN) launched the 3B30 Catalyst program to enhance automation, business process optimization, and AI integration, aiming for $40 million in annualized savings by 2028.

Negative

Adjusted EBITDA was flat year over year, and adjusted EBITDA margin contracted slightly in the quarter.
The company faced a 5.7% headwind from rate and exposure or renewal premium change, reflecting client caution and macroeconomic uncertainty.
The Main Street insurance solution segment experienced slightly negative organic revenue growth due to a one-time commission reset and elevated attrition in the Medicare business.
The Baldwin Insurance Group Inc (BWIN) recorded a GAAP net loss of $30.2 million for the third quarter.
The company anticipates continued headwinds from renewal premium changes and macroeconomic factors in the first half of 2026.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

BWIN.OQ - Baldwin Insurance Group Inc
Q3 2025 Baldwin Insurance Group Inc Earnings Call
Nov 04, 2025 / 10:00PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Ladies and gentlemen, greetings and welcome to the Baldwin Group. Third quarter, 2025 earnings score. At this time, all participants are in the listen-only mode. A brief question-and-answer session will follow the formal presentation.

If anyone should require operator assistance during the conference, please press star and 0 on your telephone keypad.

As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Bonnie Bishop, executive director Investor Relations. Please go ahead.

--------------------------------------------------------------------------------
Unidentified_2 [2]
--------------------------------------------------------------

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.