7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 
      
    		                         
      revenues:
    		                         
      commissions and fees
    		362,317,000 376,249,000 410,531,000 326,707,000 335,210,000 337,103,000 378,096,000 277,921,000 306,270,000 297,191,000 330,446,000 246,044,000 259,368,000 232,460,000 242,848,000 159,200,000 135,556,000 119,706,000 152,828,000 69,649,000 65,843,000 51,268,000 54,159,000 36,560,339 38,383,455 
      investment income
    		3,072,000 2,562,000 2,874,000 3,185,000 3,728,000 2,737,000 2,271,000                   
      total revenues
    		365,389,000 378,811,000 413,405,000 329,892,000 338,938,000 339,840,000 380,367,000                   
      operating expenses:
    		                         
      colleague compensation and benefits
    		193,031,000 195,471,000 198,020,000                       
      outside commissions
    		79,111,000 73,586,000 65,823,000                       
      other operating expenses
    		56,008,000 56,119,000 58,019,000 51,168,000 48,839,000 46,564,000 45,795,000 49,013,000 47,165,000 47,485,000 46,604,000 49,284,000 47,212,000 40,770,000 36,442,000 37,805,000 27,589,000 19,200,000 17,568,000 17,483,000 12,146,000 9,546,000 8,885,000   
      amortization expense
    		30,394,000 26,010,000 25,882,000 26,396,000 26,899,000 25,394,000 24,041,000 23,199,000 23,183,000 23,159,000 23,163,000 21,826,000 23,180,000 19,170,000 17,562,000 14,845,000 12,596,000 10,742,000 10,537,000 5,807,000 5,185,000 4,450,000 3,596,000 3,214,221 3,081,578 
      change in fair value of contingent consideration
    		1,980,000 -1,957,000 8,061,000 -22,225,000 -952,000 5,552,000 12,676,000 6,018,000 13,914,000 16,393,000 24,758,000 43,116,000 21,695,000 -26,872,000 -5,632,000 22,033,000 11,341,000 13,325,000 -1,503,000 7,819,000 6,455,000 4,581,000 1,661,000 14,050,909 535,214 
      depreciation expense
    		1,649,000 1,642,000 1,583,000 1,575,000 1,557,000 1,557,000 1,505,000 1,448,000 1,453,000 1,449,000 1,348,000 1,311,000 1,216,000 1,105,000 988,000 868,000 753,000 573,000 594,000 466,000 258,000 240,000 165,000 81,636 184,179 
      total operating expenses
    		362,173,000 350,871,000 357,388,000 335,366,000 323,532,000 323,382,000 346,109,000 314,373,000 306,184,000 313,722,000 326,827,000 312,464,000 289,223,000 207,021,000 203,110,000 197,080,000 152,360,000 132,905,000 116,571,000 83,409,000 72,513,000 58,080,000 48,855,000 55,098,924 36,908,957 
      operating income
    		3,216,000 27,940,000 56,017,000 -5,474,000 15,406,000 16,458,000 34,258,000 -29,725,000 86,000 -16,531,000 3,619,000 -66,420,000 -29,855,000 25,439,000 39,738,000 -37,880,000 -16,804,000 -13,199,000 36,257,000 -13,760,000 -6,670,000 -6,812,000 5,304,000 -18,538,585 1,474,498 
      yoy
    		-79.13% 69.77% 63.52% -81.58% 17813.95% -199.56% 846.62% -55.25% -100.29% -164.98% -90.89% 75.34% 77.67% -292.73% 9.60% 175.29% 151.93% 93.76% 583.58% -25.78% -552.36%     
      qoq
    		-88.49% -50.12% -1123.33% -135.53% -6.39% -51.96% -215.25% -34663.95% -100.52% -556.78% -105.45% 122.48% -217.36% -35.98% -204.90% 125.42% 27.31% -136.40% -363.50% 106.30% -2.08% -228.43% -128.61% -1357.28%  
      operating margin %
    		                         
      other income:
    		                         
      interest expense
    		-31,132,000 -31,320,000 -29,976,000 -29,441,000 -31,329,000 -31,329,000 -31,545,000 -31,865,000 -30,580,000 -29,136,000 -27,884,000 -25,324,000 -20,766,000 -14,632,000 -10,350,000 -8,468,000 -6,940,000 -5,848,000 -5,643,000 -5,303,000 -922,000 -1,047,000 -585,000 -1,641,692 -3,784,866 
      gain on divestitures
    		 -1,111,000 1,401,000  1,809,000 628,000 36,516,000                   
      loss on extinguishment and modification of debt
    		-3,290,000  -2,394,000 -45,000 -389,000 -14,679,000                    
      other income
    		860,000 35,000 -150,000 -299,000 28,000 -461,000 538,000 -525,000 -1,351,000 2,669,000 -1,511,000 986,000 3,914,000 5,786,000 15,451,000 1,959,000 -478,000 -1,057,000  -72,000 -23,000   -1,792 4,792 
      total other income
    		-33,562,000 -32,396,000 -31,119,000 -29,785,000 -29,881,000 -45,841,000 5,509,000 -32,390,000 -31,931,000 -26,467,000 -29,395,000 -24,338,000 -16,852,000 -8,846,000 5,101,000 -6,509,000 -7,418,000 -6,905,000  -5,375,000 -945,000   -8,375,484 -3,780,074 
      income before income taxes and share of net earnings of equity method investee
    		-30,346,000                         
      share of net earnings of equity method investee
    		109,000                         
      income before income taxes
    		-30,237,000 -4,456,000 24,898,000 -35,259,000 -14,475,000 -29,383,000 39,767,000 -62,115,000 -31,845,000 -42,998,000 -25,776,000     -44,389,000 -24,222,000 -20,104,000 30,614,000 -19,135,000 -7,615,000 -7,859,000 4,719,000   
      income tax expense
    		 685,000  -420,000  1,484,000 667,000 381,000 161,000 665,000 78,000               
      net income
    		-30,237,000 -5,141,000 24,898,000 -34,839,000 -14,475,000 -30,867,000 39,100,000 -62,496,000 -32,006,000 -43,663,000 -25,854,000 -91,473,000 -46,707,000 16,593,000 44,839,000 -44,408,000 -24,222,000 -20,104,000 30,614,000 -19,118,000 -7,615,000 -7,859,000 4,707,000   
      yoy
    		108.89% -83.34% -36.32% -44.25% -54.77% -29.31% -251.23% -31.68% -31.47% -363.14% -157.66% 105.98% 92.83% -182.54% 46.47% 132.28% 218.08% 155.81% 550.39%       
      qoq
    		488.15% -120.65% -171.47% 140.68% -53.11% -178.94% -162.56% 95.26% -26.70% 68.88% -71.74% 95.84% -381.49% -62.99% -200.97% 83.34% 20.48% -165.67% -260.13% 151.06% -3.10% -266.96%    
      net income margin %
    		                         
      less: net income attributable to noncontrolling interests
    		-11,510,000 -1,977,000 10,959,000 -14,677,000 -6,098,000 -13,310,000 17,522,000 -28,013,000 -14,377,000 -19,766,000 -11,722,000 -42,983,000 -21,914,000 7,951,000 21,970,000 -21,738,000 -11,389,000 -10,348,000 16,001,000 -8,810,000 -4,347,000 -4,271,000 3,239,000   
      net income attributable to baldwin
    		-18,727,000 -3,164,000 13,939,000 -20,162,000 -8,377,000 -17,557,000 21,578,000                   
      other comprehensive income
    		1,050,000                         
      comprehensive loss
    		-29,187,000   -34,839,000 -14,475,000           -44,408,000 -24,222,000         
      less: comprehensive loss attributable to noncontrolling interests
    		-11,510,000                         
      comprehensive loss attributable to baldwin
    		-17,677,000   -20,162,000 -8,377,000                     
      basic and diluted loss per share
    		-0.27   -0.32 -0.13           -0.045 -0.28         
      weighted-average shares of class a common stock outstanding - basic and diluted
    		68,604,951                46,446,254         
      comprehensive income
    		 -5,141,000 24,898,000   -30,867,000 39,100,000 -25,380,750 -32,006,000 -43,663,000 -25,854,000 3,681,250 -46,707,000 16,593,000 44,839,000   -20,104,000 30,614,000 -2,691,750 -7,615,000 -7,859,000 4,707,000   
      comprehensive income attributable to noncontrolling interests
    		 -1,977,000 10,959,000   -13,310,000 17,522,000 -11,466,250 -14,377,000 -19,766,000 -11,722,000 2,001,750 -21,914,000 7,951,000 21,970,000   -10,348,000 16,001,000 -1,344,750 -4,347,000 -4,271,000 3,239,000   
      comprehensive income attributable to baldwin
    		 -3,164,000 13,939,000   -17,557,000 21,578,000                   
      basic earnings per share
    		 -0.05 0.21   -0.28 0.35 -0.233 -0.29 -0.4 -0.24 0.03 -0.43 0.15 0.41   -0.22 0.33    0.08   
      diluted earnings per share
    		 -0.05 0.2   -0.28 0.33 -0.233 -0.29 -0.4 -0.24 0.028 -0.43 0.14 0.39   -0.22 0.32    0.07   
      weighted-average shares of class a common stock outstanding - basic
    		 68,009,996 66,067,143   63,124,601 61,856,147  60,549,080 60,093,228 58,711,798  57,282,132 56,270,491 55,719,803   44,671,308 44,255,011    19,481,721   
      weighted-average shares of class a common stock outstanding - diluted
    		 68,009,996 69,327,694   63,124,601 65,314,248  60,549,080 60,093,228 58,711,798  57,282,132 59,858,816 58,715,825   44,671,308 45,783,086    19,816,363   
      commissions, employee compensation and benefits
    		   278,452,000 247,189,000 244,315,000 262,092,000 234,695,000 220,469,000 225,236,000 230,954,000 196,927,000 195,920,000 172,848,000 153,750,000 121,529,000 100,081,000 89,065,000 89,375,000 51,834,000 48,469,000 39,263,000 34,548,000 29,887,653 26,787,773 
      comprehensive loss attributable to noncontrolling interests
    		   -14,677,000 -6,098,000           -21,738,000 -11,389,000         
      basic and diluted weighted-average shares of class a common stock outstanding
    		   63,455,148 64,011,515   60,134,776    56,825,348    47,587,866    27,175,705 33,098,356 20,426,082  17,916,735  
      net income attributable to brp group
    		       -34,483,000 -17,629,000 -23,897,000 -14,132,000               
      comprehensive income attributable to brp group
    		       -13,914,500 -17,629,000 -23,897,000 -14,132,000               
      net income attributable to brp group, inc.
    		           1,679,500 -24,793,000 8,642,000 22,869,000 -22,670,000 -12,833,000 -9,756,000 14,613,000 -10,308,000 -3,268,000 -3,588,000 1,468,000   
      comprehensive income attributable to brp group, inc.
    		           1,679,500 -24,793,000 8,642,000 22,869,000   -9,756,000 14,613,000    1,468,000   
      income tax provision
    		                   3,000   12,000   
      comprehensive loss attributable to brp group, inc.
    		               -22,670,000 -12,833,000   -10,308,000 -3,268,000 -3,588,000    
      basic and diluted net income per share
    		                   -0.36 -0.1 -0.18    
      operating expenses
    		                       4,177,873.75 6,320,213 
      net income and comprehensive income
    		                       1,119,267.25 -2,305,576 
      less: net income and comprehensive income attributable to noncontrolling interests
    		                       968,294.5 1,420,204 
      net income and comprehensive income attributable to baldwin risk partners, llc and subsidiaries
    		                       150,972.75 -3,725,780 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.