{"schema_version":"secwatch.filing_event.v1","accession":"0001781755-22-000031","form_type":"8-K","ticker":"BWIN","cik":"0001781755","company_name":"Baldwin Insurance Group, Inc.","filed_at":"2022-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:52.092249+00:00","generated_at":"2026-06-22T05:42:23.890468+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"BRP Group Q3 2022 revenue up 91% to $259.4M; organic growth 28%; GAAP loss $0.43/sh","bullets":["GAAP net loss of $46.7M ($0.43 loss per diluted share).","Adjusted net income of $20.8M ($0.18 per share); Adjusted EBITDA grew 118% to $41.9M (16% margin).","Organic revenue growth of 28% YoY; 'MGA of the Future' organic revenue up 80%.","Nine-month 2022 revenue $734.7M (+80% YoY); organic growth 22%; GAAP net income $14.7M.","Cash $158.6M; long-term debt $1.37B; $73M available under revolving credit facility."],"urls":{"canonical":"https://secwatch.observer/filing/0001781755-22-000031","json":"https://secwatch.observer/filing/0001781755-22-000031.json","markdown":"https://secwatch.observer/filing/0001781755-22-000031.md","text":"https://secwatch.observer/filing/0001781755-22-000031.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1781755/000178175522000031/0001781755-22-000031-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1781755/000178175522000031/brp-20221107.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T05:42:23.890468+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"20fd7fabbd8e65edd054d8b7c508192e2e85d570","claim":"Baldwin Insurance Group, Inc. reported the third quarter ended September 30, 2022 results: revenue $259.4 million, net income GAAP net loss of $46.7 million, EPS GAAP loss per fully diluted share of $0.43.","evidence_excerpt":"BRP Group, Inc. (“BRP Group” or the “Company”) (NASDAQ: BRP), an independent insurance distribution firm delivering tailored insurance solutions, today announced its results for the third quarter ended September 30, 2022. THIRD QUARTER 2022 HIGHLIGHTS • Revenue increased 91% year-over-year to $259.4 million • Pro Forma Revenue (2) grew 89% year-over-year to $260.1 million • Organic Revenue Growth was 28% year-over-year • “MGA of the Future” organic revenue grew 80% year-over-year • GAAP net loss of $46.7 million and GAAP loss per fully diluted share of $0.43 • Adjusted Net Income (3) of $20.8 million, or $0.18 (3) per fully diluted share • Adjusted EBITDA (4) grew 118% to $41.9 million • Adjusted EBITDA Margin (4) of 16% • Pro Forma Adjusted EBITDA (5) of $41.9 million and Pro Forma Adjusted EBITDA Margin (5) of 16%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1781755/000178175522000031/0001781755-22-000031-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended September 30, 2022"},{"label":"Revenue","value":"$259.4 million"},{"label":"Net income","value":"GAAP net loss of $46.7 million"},{"label":"EPS","value":"GAAP loss per fully diluted share of $0.43"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"87e5c2b1e04c939ee43fae01967a3b4f2f29e816","claim":"Baldwin Insurance Group, Inc. reported the nine months ended September 30, 2022 results: revenue $734.7 million, net income GAAP net income of $14.7 million, EPS GAAP earnings per fully diluted share of $0.11.","evidence_excerpt":"NINE MONTHS 2022 RESULTS • Revenue increased 80% year-over-year to $734.7 million • Pro Forma Revenue grew 72% year-over-year to $768.4 million • Organic Revenue Growth of 22% year-over-year • “MGA of the Future” revenue grew 67% year-over-year • GAAP net income of $14.7 million and GAAP earnings per fully diluted share of $0.11 • Adjusted Net Income of $104.5 million, or $0.90 per fully diluted share • Adjusted EBITDA grew 70% to $157.3 million • Adjusted EBITDA Margin of 21% • Pro Forma Adjusted EBITDA of $163.7 million and Pro Forma Adjusted EBITDA Margin of 21%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1781755/000178175522000031/0001781755-22-000031-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the nine months ended September 30, 2022"},{"label":"Revenue","value":"$734.7 million"},{"label":"Net income","value":"GAAP net income of $14.7 million"},{"label":"EPS","value":"GAAP earnings per fully diluted share of $0.11"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}