Quarterly ResultMay 8, 2026, 04:13 PM
TWFG Q1 Revenue +35% to $72.8M; EPS $0.12; $50M Buyback Approved
AI Summary
TWFG, Inc. reported strong first-quarter results for 2026, with total revenues increasing by 35.33% to $72.8 million and diluted EPS rising by 33.33% to $0.12. Net income attributable to TWFG, Inc. grew by 31.32% to $1.8 million. The company also announced a new $50 million share repurchase program for its Class A common stock and completed the acquisition of Asset Protection Insurance Associates for $22.5 million.
Key Highlights
- Board approved a $50 million share repurchase program for Class A common stock.
- Total revenues increased 35.33% to $72.8 million for Q1 2026 from $53.8 million in Q1 2025.
- Net income attributable to TWFG, Inc. rose 31.32% to $1.8 million from $1.3 million year-over-year.
- Diluted earnings per share increased 33.33% to $0.12 in Q1 2026 from $0.09 in Q1 2025.
- Operating income surged 115.55% to $12.4 million in Q1 2026 from $5.7 million in Q1 2025.
- Acquired Asset Protection Insurance Associates for $22.5 million cash consideration.
- Net cash provided by operating activities increased 45.22% to $22.7 million.
- Intangible assets, net, increased to $161.6 million from $138.6 million at December 31, 2025.