Income Statement - TWFG, Inc. (TWFG)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | |
|---|---|---|---|---|
| Total revenue | 233.96 | 193.72 | 166.99 | 147.78 |
| Cost of revenue | 171.15 | 147.15 | 130.82 | 117.15 |
| Gross profit | 62.81 | 46.57 | 36.17 | 30.63 |
| Total operating expenses | 38.93 | 18.65 | 10.78 | 6.92 |
| Operating income | 23.87 | 27.93 | 25.39 | 23.72 |
| Non-operating income (net) | 20.57 | 2.16 | -0.13 | -0.37 |
| Income before tax | 44.45 | 30.09 | 25.26 | 23.35 |
| Income tax expense | 3.28 | 1.50 | 0.88 | 2.73 |
| Net income | 7.96 | 2.75 | 4.13 | 20.61 |
Show Quarterly Income Statement
Income Statement - TWFG, Inc. (TWFG)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 72.84 | 62.54 | 61.74 | 57.89 | 51.80 | 46.46 | 51.13 | 51.35 | 44.78 | 38.20 | 46.10 | 43.98 | 38.72 |
| Cost of revenue | 49.37 | 42.93 | 44.57 | 43.64 | 40.01 | 36.58 | 39.10 | 38.78 | 32.70 | 34.54 | 35.85 | 34.27 | 30.83 |
| Gross profit | 23.47 | 19.61 | 17.17 | 14.25 | 11.79 | 9.88 | 12.03 | 12.57 | 12.08 | 3.66 | 10.25 | 9.71 | 7.88 |
| Total operating expenses | 11.12 | 12.07 | 8.13 | 6.88 | 6.06 | 4.95 | 4.29 | 5.05 | 4.78 | 2.66 | 2.35 | 2.47 | 2.42 |
| Operating income | 12.35 | 7.54 | 9.03 | 7.36 | 5.73 | 4.93 | 7.75 | 7.52 | 7.30 | 1.01 | 7.90 | 7.24 | 5.47 |
| Non-operating income (net) | 1.86 | 9.18 | 1.56 | 2.26 | 1.78 | 4.28 | -0.42 | -0.60 | -0.67 | -0.46 | -0.29 | -0.17 | -0.10 |
| Income before tax | 14.21 | 16.72 | 10.60 | 9.62 | 7.51 | 9.21 | 7.33 | 6.92 | 6.63 | 0.55 | 7.61 | 7.07 | 5.37 |
| Income tax expense | 1.13 | 1.03 | 0.98 | 0.62 | 0.66 | 1.06 | 0.44 | -0.20 | 0.20 | 0.88 | 1.18 | -0.83 | |
| Net income | 1.76 | 2.95 | 1.72 | 1.96 | 1.34 | 1.59 | 1.15 | 6.92 | 0.00 | -16.75 | 7.61 | 7.07 | 6.21 |