secwatch.observer — SEC 8-K summary
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Issuer:     Baldwin Insurance Group, Inc. (BWIN)
CIK:        0001781755
Form:       8-K
Filed at:   2024-05-07T23:59:59+00:00
Accession:  0001781755-24-000028
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1781755/000178175524000028/0001781755-24-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1781755/000178175524000028/brp-20240507.htm
  HTML page:      https://secwatch.observer/filing/0001781755-24-000028

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer