TWFG, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Revenue | $248.5M | $203.8M | $172.0M | $153.9M |
| Cost of Revenue | — | — | — | — |
| Gross Profit | — | — | — | — |
| Gross Margin | — | — | — | — |
| Operating Expenses | ||||
| Research & Development | — | — | — | — |
| SG&A Expense | — | — | — | — |
| Operating Income | $37.0M | $27.9M | $25.4M | $23.7M |
| Operating Margin | 14.9% | 13.7% | 14.8% | 15.4% |
| Interest Expense | $300.0K | $2.2M | $1.0M | — |
| Pretax Income | $44.4M | $30.1M | $25.3M | $23.3M |
| Income Tax Expense | $3.3M | $1.5M | $0 | $0 |
| Net Income | $41.2M | $2.7M | $0 | $0 |
| Net Margin | 16.6% | 1.3% | 0.0% | 0.0% |
| EPS (Basic) | $0.53 | $0.19 | — | — |
| EPS (Diluted) | $0.53 | $0.19 | — | — |
| Shares Outstanding (Basic) | 14.9M | 14.8M | — | — |
| Shares Outstanding (Diluted) | 15.1M | 15.0M | — | — |
| Dividends Per Share | — | — | — | — |