---
schema_version: "secwatch.filing_event.v1"
accession: "0001781755-24-000028"
form_type: "8-K"
ticker: "BWIN"
cik: "0001781755"
company_name: "Baldwin Insurance Group, Inc."
filed_at: "2024-05-07T23:59:59+00:00"
generated_at: "2026-06-02T19:32:24.704671+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Baldwin Insurance Q1 revenue $380.4M, organic growth 16%, adjusted EBITDA margin 27% (280bps expansion)

## Summary
- Total revenue $380.4M (+15% YoY); organic revenue growth 16%.
- GAAP net income $39.1M ($0.33 diluted EPS); adjusted diluted EPS $0.56 (+33% YoY).
- Adjusted EBITDA $101.7M (+29% YoY); margin 27%, up 280bps from 24% prior year.
- Free cash flow $53.3M, up 51% YoY; cash $112.1M, revolver capacity $266M.
- Ticker symbol changing to BWIN effective May 20, 2024, alongside rebranding.

## SEC filing metadata
- accession: 0001781755-24-000028
- form_type: 8-K
- ticker: BWIN
- cik: 0001781755
- company_name: Baldwin Insurance Group, Inc.
- filed_at: 2024-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1781755/000178175524000028/0001781755-24-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1781755/000178175524000028/brp-20240507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001781755-24-000028
- JSON: https://secwatch.observer/filing/0001781755-24-000028.json
- Plain text: https://secwatch.observer/filing/0001781755-24-000028.txt

## Key facts
- Earnings Releases
  Baldwin Insurance Group, Inc. reported the quarter ended March 31, 2024 results: revenue $380.4 million, net income $39.1 million, EPS $0.33.
  - Period: the quarter ended March 31, 2024
  - Revenue: $380.4 million
  - Net income: $39.1 million
  - EPS: $0.33
  - Result: reported results
  source text: as expressly set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- THE BALDWIN GROUP ANNOUNCES FIRST QUARTER 2024 RESULTS - Total Revenue Growth of 15% to $380.4 Million; Organic Revenue Growth (1) of 16% - - Net Income of $39.1 Million and Diluted Earnings Per Share of $0.33; Adjusted Diluted EPS (2) Growth of 33% to $0.56 - - Adjusted EBITDA
  evidence_url: https://www.sec.gov/Archives/edgar/data/1781755/000178175524000028/0001781755-24-000028-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.