TWFG, Inc. (TWFG)
Nasdaq: TWFG · Insurance Agents, Brokers & Service · The Woodlands, TX · filing with the SEC since 2024
Income statement, as filed
In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.| Fiscal year | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Period ending | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
| Report filed | Mar 10, 2026 | Mar 27, 2025 | · | · |
| Revenue | 248,512 | 203,760 | 172,043 | 153,875 |
| Total operating expenses | 211,527 | 175,835 | 146,652 | 130,158 |
| Operating income | 36,985 | 27,925 | 25,391 | 23,717 |
| Interest expense | 287 | 2,223 | 1,003 | 398 |
| Interest and investment income | 6,607 | 4,376 | 891 | 46 |
| Other income (expense), net | 1,140 | 9 | -17 | -18 |
| Income before income taxes | 44,445 | 30,087 | 25,262 | 23,347 |
| Income tax expense | 3,279 | 1,495 | 0 | 0 |
| Income from continuing operations | 41,166 | 28,592 | 25,262 | 23,347 |
| Income from discontinued operations | 0 | 0 | 834 | -2,733 |
| Net income including non-controlling interests | 41,166 | 28,592 | 26,096 | 20,614 |
| Net income to non-controlling interests | 33,203 | 25,847 | 26,096 | 20,614 |
| Net income | · | 2,745 | 0 | 0 |
| Net income to common shareholders | 7,963 | 2,745 | · | · |
| Earnings per share, basic | 0.53 | 0.19 | · | · |
| Earnings per share, diluted | 0.53 | 0.19 | · | · |
| Weighted average shares, basic | 14,914,346 | 14,772,115 | · | · |
| Weighted average shares, diluted | 15,100,190 | 14,982,409 | · | · |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
us-gaap:RevenueFromContractWithCustomerExcludingAssessedTaxTotal operating expenses the running costs together
us-gaap:OperatingExpensesOperating income profit from running the business, before interest and tax
us-gaap:OperatingIncomeLossInterest expense what its borrowing cost
us-gaap:InterestExpenseNonoperatingInterest and investment income what its cash and investments earned
us-gaap:InvestmentIncomeNonoperatingOther income (expense), net gains and costs outside the business
us-gaap:OtherNonoperatingIncomeExpenseIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterestIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitIncome from continuing operations profit from the businesses it keeps
us-gaap:IncomeLossFromContinuingOperationsIncome from discontinued operations profit or loss from businesses it sold or closed
us-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxNet income including non-controlling interests the whole group's profit, minority holders' share included
us-gaap:ProfitLossNet income to non-controlling interests the share that belongs to minority holders
us-gaap:NetIncomeLossAttributableToNoncontrollingInterestNet income the profit or loss that belongs to the company's shareholders
us-gaap:NetIncomeLossNet income to common shareholders what is left for common shareholders
us-gaap:NetIncomeLossAvailableToCommonStockholdersBasicEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding