---
schema_version: "secwatch.filing_event.v1"
accession: "0001781755-25-000060"
form_type: "8-K"
ticker: "BWIN"
cik: "0001781755"
company_name: "Baldwin Insurance Group, Inc."
filed_at: "2025-05-06T23:59:59+00:00"
generated_at: "2026-05-22T13:17:00.279508+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Baldwin Group Q1 2025 total revenue $413.4M (+9% YoY), organic growth 10%, adj. EBITDA $113.8M (+12%)

## Summary
- Total revenue $413.4M, up 9% YoY; organic revenue growth of 10%.
- GAAP net income $24.9M ($0.20 diluted EPS); adjusted diluted EPS $0.65, up 16% YoY.
- Adjusted EBITDA $113.8M (+12% YoY); margin 27.5%, expansion of 80 bps.
- Cash and cash equivalents $81.8M; $586M revolver borrowing capacity.

## SEC filing metadata
- accession: 0001781755-25-000060
- form_type: 8-K
- ticker: BWIN
- cik: 0001781755
- company_name: Baldwin Insurance Group, Inc.
- filed_at: 2025-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1781755/000178175525000060/0001781755-25-000060-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1781755/000178175525000060/bwin-20250506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001781755-25-000060
- JSON: https://secwatch.observer/filing/0001781755-25-000060.json
- Plain text: https://secwatch.observer/filing/0001781755-25-000060.txt

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