StockWatch
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Specialty Insurers
Quarterly ResultMay 7, 2026, 04:26 PM

TWFG Q1 Revenue +35.3% to $72.8M; Net Income $13.1M; Adj. EBITDA +73.9%

AI Summary

TWFG, Inc. announced strong financial and operating results for the first quarter ended March 31, 2026. Total revenues increased 35.3% to $72.8 million, with net income rising to $13.1 million. Adjusted EBITDA saw a significant 73.9% increase to $21.2 million, and the company achieved an organic revenue growth rate of 10.1%. TWFG also repurchased $40 million in shares under its authorized plan and reaffirmed its full-year 2026 guidance for total revenue growth of 15% to 20% and organic revenue growth of 10% to 15%. The company's diversified platform and recent acquisitions contributed to the strong performance.

Key Highlights

  • Total revenues increased 35.3% to $72.8 million for Q1 2026.
  • Net income for the quarter was $13.1 million, up from $6.9 million in the prior year period.
  • Adjusted EBITDA increased 73.9% to $21.2 million, with Adjusted EBITDA Margin expanding 650-basis-points to 29.1%.
  • Organic Revenue Growth Rate for the quarter was 10.1%.
  • TWFG repurchased $40 million in shares from its authorized plan for up to $50 million.
  • Total Written Premium increased 23.5% to $458.2 million.
  • The company reaffirmed its full-year 2026 guidance for total revenue growth of 15% to 20% and organic revenue growth of 10% to 15%.
  • Insurance Services revenue was $49.8 million and TWFG MGA revenue was $22.5 million.