TWFG
TWFG, Inc. Class A Common Stock
NASDAQ: TWFG · FINANCIAL SERVICES · INSURANCE BROKERS
$18.92
-1.10% today
Updated 2026-05-06
Market cap
$282.24M
P/E ratio
35.43
P/S ratio
1.14x
EPS (TTM)
$0.53
Dividend yield
—
52W range
$17 – $37
Volume
0.3M
TWFG, Inc. Class A Common Stock (TWFG) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | $147.78M | $166.99M | $193.72M | $248.33M |
| Revenue growth (YoY) | — | +13.0% | +16.0% | +28.2% |
| Cost of revenue | $117.15M | $130.82M | $147.15M | $170.22M |
| Gross profit | $30.63M | $36.17M | $46.57M | $78.11M |
| Gross margin | 20.7% | 21.7% | 24.0% | 31.5% |
| R&D | — | — | — | — |
| SG&A | $9.71M | $10.97M | $16.66M | $10.12M |
| Operating income | $23.72M | $25.39M | $27.93M | $37.10M |
| Operating margin | 16.0% | 15.2% | 14.4% | 14.9% |
| EBITDA | $27.05M | $31.13M | $44.33M | $63.09M |
| EBITDA margin | 18.3% | 18.6% | 22.9% | 25.4% |
| EBIT | $23.75M | $26.27M | $32.31M | $44.73M |
| Interest expense | $398000.00 | $1.00M | $2.22M | $155000.00 |
| Income tax | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $20.61M | $4.13M | $2.75M | $7.96M |
| Net income growth (YoY) | — | -80.0% | -33.6% | +190.1% |
| Profit margin | 13.9% | 2.5% | 1.4% | 3.2% |