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GlobeNewsWire
1 month ago
TWFG Announces First Quarter 2026 Results
– Total Revenues increased 35.3% for the quarter over the prior year period to $72.8 million – – Organic Revenue Growth Rate* of 10.1% for the quarter – – Net income of $13.1 million for the quarter – – Adjusted EBITDA* increased 73.9% for the quarter over the prior year period to $21.2 million - – $40 million Shares Repurchased from Authorized plan for up to $50 million - THE WOODLANDS, Texas, May 07, 2026 (GLOBE NEWSWIRE) -- TWFG, Inc. (“TWFG”, the “Company” or “we”) (NASDAQ: TWFG), a high-growth insurance distribution company, today announced results for the first quarter ended March 31, 2026. First Quarter 2026 Highlights Total revenues for the quarter increased 35.3% to $72.8 million, compared to $53.8 million in the prior year period Commission income for the quarter increased 37.4% to $67.1 million, compared to $48.8 million in the prior year period Net income for the quarter was $13.1 million, compared to $6.9 million in the prior year period, and net income margin for the quarter was 18.0% Diluted Earnings Per Share for the quarter was $0.12 and Adjusted Diluted Earnings Per Share* for the quarter was $0.29 Total Written Premium for the quarter increased 23.5% to $458.2 million, compared to $371.0 million in the prior year period Organic Revenue Growth Rate* for the quarter was 10.1% Adjusted Net Income* for the quarter increased 75.2% from the prior year period to $16.2 million, and Adjusted Net Income Margin* for the quarter was 22.2% Adjusted EBITDA* of $21.2 million for the quarter, up 73.9% year-over-year, with Adjusted EBITDA Margin expanding 650-basis-points to 29.1% *Organic Revenue Growth Rate, Adjusted Net Income, Adjusted Net Income Margin, Adjusted EBITDA, Adjusted EBITDA Margin, and Adjusted Diluted Earnings Per Share are non-GAAP measures.