{"schema_version":"secwatch.filing_event.v1","accession":"0001781755-24-000014","form_type":"8-K","ticker":"BWIN","cik":"0001781755","company_name":"Baldwin Insurance Group, Inc.","filed_at":"2024-02-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.505882+00:00","generated_at":"2026-06-05T09:12:02.284951+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"BRP Group Q4 revenue up 16% to $284.6M; GAAP net loss $62.5M, adjusted EPS $0.14","bullets":["Full-year 2023 total revenues $1.2B (+24% YoY); organic revenue growth 19%.","Q4 GAAP net loss $62.5M ($0.56 loss per share); Adjusted Net Income $16.2M ($0.14 per share).","Q4 Adjusted EBITDA $45.6M (+16% YoY); margin 16%; full-year Adjusted EBITDA $250.2M (21% margin).","Cash and equivalents $116.2M; $259.0M borrowing capacity on revolver as of Dec 31, 2023.","CEO cites expense rationalization progress; expects double-digit organic growth and margin expansion in 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001781755-24-000014","json":"https://secwatch.observer/filing/0001781755-24-000014.json","markdown":"https://secwatch.observer/filing/0001781755-24-000014.md","text":"https://secwatch.observer/filing/0001781755-24-000014.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1781755/000178175524000014/0001781755-24-000014-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1781755/000178175524000014/brp-20240228.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T09:12:02.284951+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":"17941b160616b17a75fd28d9eca89d9925d95b9f","claim":"Baldwin Insurance Group, Inc. reported the fourth quarter and full year ended December 31, 2023 results: revenue Total revenues increased 16% year-over-year to $284.6 million (Q4); Full Year 2023 Total Revenues Grew 24% Year-Over-Yea, net income GAAP net loss of $62.5 million (Q4); GAAP net loss of $164.0 million (Full Year), EPS GAAP diluted loss per share of $0.56 (Q4); GAAP diluted loss per share of $1.50 (Full Year).","evidence_excerpt":"On February 28, 2024, BRP Group, Inc. issued a press release announcing its financial results for the quarter and full year ended December 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1781755/000178175524000014/0001781755-24-000014-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and full year ended December 31, 2023"},{"label":"Revenue","value":"Total revenues increased 16% year-over-year to $284.6 million (Q4); Full Year 2023 Total Revenues Grew 24% Year-Over-Yea"},{"label":"Net income","value":"GAAP net loss of $62.5 million (Q4); GAAP net loss of $164.0 million (Full Year)"},{"label":"EPS","value":"GAAP diluted loss per share of $0.56 (Q4); GAAP diluted loss per share of $1.50 (Full Year)"},{"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"}