TWFG, Inc. (TWFG) Financial Statements
Industry: Insurance Agents, Brokers & Service
In fiscal 2025, TWFG reported revenue of $248.5M, up 22.0% from $203.8M the year before. Net income was $8.0M (a 3.2% net margin), or $0.53 per diluted share. Operating margin was 14.9%. Operating activities generated $53.5M of cash, leaving $53.1M of free cash flow. At fiscal year end, TWFG held $372.3M in total assets against $55.7M in total liabilities, including $155.9M of cash and equivalents.
Open the full interactive TWFG financials → Quarterly statements, key ratios, valuation history and price charts.
TWFG Key Stats
| Share Price | $24.26 |
|---|---|
| Market Cap | $317.7M |
| P/E Ratio | 45.8 |
| Revenue YoY Growth | +22.0% |
| 52-Week Range | $17.04 – $31.15 |
| Shares Outstanding | 13.1 million (basic, 2026 Q2) |
TWFG Income Statement
| FY 2024 | FY 2025 | |
|---|---|---|
| Revenue | $203.8M | $248.5M |
| Operating Income | $27.9M | $37.0M |
| Pre-Tax Income | $30.1M | $44.4M |
| Income Tax | $1.5M | $3.3M |
| Net Income | $2.7M | $8.0M |
| Diluted EPS | $0.19 | $0.53 |
TWFG Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $64.1M | $70.3M | $72.8M | $87.5M |
| Net Income | $1.7M | $2.9M | $1.8M | $2.4M |
| Diluted EPS | $0.11 | $0.20 | $0.12 | $0.18 |
TWFG Balance Sheet
| FY 2024 | FY 2025 | |
|---|---|---|
| Cash & Equivalents | $195.8M | $155.9M |
| Current Assets | $241.8M | $225.5M |
| Total Assets | $323.4M | $372.3M |
| Current Liabilities | $39.6M | $44.1M |
| Total Long-Term Debt | $7.6M | $4.0M |
| Total Liabilities | $48.1M | $55.7M |
| Shareholders' Equity | $73.9M | $83.4M |
TWFG Cash Flow Statement
| FY 2024 | FY 2025 | |
|---|---|---|
| Cash From Operations | $40.5M | $53.5M |
| Cash From Investing | -$25.1M | -$70.4M |
| Cash From Financing | $143.4M | -$20.5M |
| Free Cash Flow | $37.3M | $53.1M |
Figures from TWFG's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full TWFG financials page for every line item.
TWFG Company Profile
| Ticker | TWFG |
|---|---|
| Exchange | Nasdaq |
| Industry | Insurance Agents, Brokers & Service |
| Headquarters | The Woodlands, Texas |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Emerging growth company |
| SEC CIK | 0002007596 |
Frequently Asked Questions
What was TWFG's revenue in fiscal 2025?
TWFG (TWFG) reported revenue of $248.5M for fiscal 2025.
What was TWFG's net income in fiscal 2025?
TWFG reported net income of $8.0M for fiscal 2025.
What was TWFG's earnings per share (EPS) in fiscal 2025?
TWFG's diluted EPS was $0.53 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did TWFG generate in fiscal 2025?
TWFG generated $53.1M of free cash flow in fiscal 2025.
What was TWFG's revenue last quarter?
In its most recent reported quarter (2026 Q2), TWFG reported revenue of $87.5M.
How much debt does TWFG have?
TWFG reported $4.0M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of TWFG are outstanding?
TWFG reported a weighted average of 13.1 million basic shares outstanding in 2026 Q2.
What is TWFG's market cap?
Based on its latest closing price, TWFG (TWFG) has a market capitalization of about $317.7M.
When does TWFG's fiscal year end?
TWFG's fiscal year end, as registered with the SEC, is December 31.
Where is TWFG headquartered?
TWFG lists its business address in The Woodlands, Texas in its SEC filings.