| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | $123.7M+37.3% | $90.0M-22.5% | $116.2M-1.6% | $118.1M+38873.6% | $303K+111.9% | $143K+204.3% | $47K |
| Fiduciary cash | $223.2M+0.2% | $222.7M | — | — | — | — | — |
| Assumed premiums, commissions and fees receivable, net | $342.1M+20.7% | $283.6M | — | — | — | — | — |
| Fiduciary receivables | $497.0M+18.8% | $418.5M-33.3% | $627.8M+18.0% | $532.0M+56.1% | $340.8M+119.2% | $155.5M+164.5% | $58.8M |
| Prepaid expenses and other current assets | $13.7M+17.4% | $11.6M-8.7% | $12.7M+28.1% | $9.9M+21.9% | $8.2M+83.3% | $4.4M+47.3% | $3.0M |
| Total current assets | $1.20B+16.9% | $1.03B+10.9% | $925.9M+19.9% | $772.4M+134230.3% | $575K+110.6% | $273K+123.8% | $122K |
| Property and equipment, net | $22.5M+2.4% | $22.0M-3.3% | $22.7M-10.6% | $25.4M+169266.7% | $15K-28.6% | $21K-32.3% | $31K |
| Right-of-use assets | $62.0M-14.4% | $72.4M-15.3% | $85.5M-11.4% | $96.5M+18.2% | $81.6M | $0 | — |
| Other assets | $82.4M+71.6% | $48.0M+26.0% | $38.1M-17.0% | $45.9M+918600.0% | $5K+0.0% | $5K-28.6% | $7K |
| Intangible assets, net | $978.4M+2.6% | $953.5M-6.3% | $1.02B-7.5% | $1.10B+16.5% | $944.5M+70.4% | $554.3M+499.6% | $92.5M |
| Goodwill | $1.52B+7.4% | $1.41B+0.0% | $1.41B-0.7% | $1.42B+15.7% | $1.23B+88.6% | $651.5M+296.1% | $164.5M |
| Total assets | $3.86B+9.3% | $3.53B+0.9% | $3.50B+1.1% | $3.46B+581779.3% | $595K+99.0% | $299K+86.9% | $160K |
| Fiduciary liabilities | $720.3M+12.3% | $641.3M | — | — | — | — | — |
| Commissions payable | $50.9M-30.3% | $73.1M+13.7% | $64.3M+19.2% | $53.9M+49.9% | $36.0M+48.3% | $24.3M+224.8% | $7.5M |
| Accrued expenses and other current liabilities | $252.6M+57.2% | $160.6M+10.8% | $144.9M+15.3% | $125.7M+3143475.0% | $4K-60.0% | $10K-65.5% | $29K |
| Related party notes payable | $0-100.0% | $5.6M+269.5% | $1.5M+0.0% | $1.5M-97.5% | $61.5M | $0 | — |
| Colleague earnout incentives | $0-100.0% | $32.8M+309.3% | $8.0M | — | — | — | — |
| Current portion of contingent earnout liabilities | $9.0M-93.7% | $142.9M-33.6% | $215.2M+360.6% | $46.7M+33.1% | $35.1M+475.8% | $6.1M+145.7% | $2.5M |
| Total current liabilities | $1.03B-2.2% | $1.06B+2.2% | $1.03B+47.8% | $699.2M+29.3% | $540.7M+148.7% | $217.4M+198.6% | $72.8M |
| Revolving line of credit | $107.0M | $0-100.0% | $341.0M-32.5% | $505.0M+1342.9% | $35.0M | $0-100.0% | $40.4M |
| Long-term debt, less current portion | $1.57B+12.0% | $1.40B+44.4% | $968.2M+19.5% | $809.9M-0.6% | $814.6M+113.6% | $381.4M | $0 |
| Contingent earnout liabilities, less current portion | $14.3M+447.5% | $2.6M-95.7% | $61.3M-72.2% | $220.2M-1.5% | $223.5M+40.8% | $158.7M+242.9% | $46.3M |
| Operating lease liabilities, less current portion | $57.7M-16.2% | $68.8M-12.9% | $79.0M-9.9% | $87.7M+22.9% | $71.4M | $0 | — |
| Other liabilities | $0-100.0% | $61K-50.4% | $123K-25.0% | $164K-95.4% | $3.6M+48.4% | $2.4M+19.9% | $2.0M |
| Total liabilities | $2.78B+10.0% | $2.53B+1.7% | $2.48B+6.9% | $2.32B+5160217.8% | $45K+40.6% | $32K-36.0% | $50K |
| Redeemable noncontrolling interest | $519K+14.6% | $453K+15.0% | $394K-19.1% | $487K+81.0% | $269K+174.5% | $98K+326.1% | $23K |
| Additional paid-in capital | $844.2M+6.3% | $794.0M+6.3% | $746.7M+6.0% | $704.3M+6.2% | $663.0M+69.1% | $392.1M+375.8% | $82.4M |
| Accumulated deficit | -$245.2M-16.0% | -$211.4M-13.1% | -$186.9M-93.2% | -$96.8M-76.0% | -$55.0M-125.9% | -$24.3M-181.5% | -$8.7M |
| Accumulated other comprehensive income | $492K | $0 | — | — | — | — | — |
| Total stockholders’ equity attributable to Baldwin | $600.2M+2.9% | $583.2M+4.1% | $560.4M-7.8% | $608.1M-0.0% | $608.4M+65.4% | $367.8M+401.9% | $73.3M |
| Noncontrolling interest | $483.7M+13.8% | $425.1M-7.2% | $458.1M-13.8% | $531.4M-8.2% | $578.9M+44.0% | $402.1M+145.2% | $164.0M |
| Total stockholders’ equity | $1.08B+7.5% | $1.01B-1.0% | $1.02B-10.6% | $1.14B-4.0% | $1.19B+54.2% | $769.9M+224.5% | $237.3M |
| Total liabilities, mezzanine equity and stockholders’ equity | $3.86B+9.3% | $3.53B+0.9% | $3.50B+1.1% | $3.46B+20.4% | $2.88B+88.0% | $1.53B+283.7% | $398.8M |
| Class A Common Stock | |||||||
| Common stock | $5K+0.0% | $5K+0.0% | $5K+0.0% | $5K-16.7% | $6K+20.0% | $5K+25.0% | $4K |
| Class B Common Stock | |||||||
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.