TWFG · XBRL financial data

TWFG financial statements, every quarter

The same tables from 9 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (TWFG's year ends in late December)

In thousands of dollars	Q2 FY24Jun 30, 2024	Q3 FY24†Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Revenue from contracts with customers	53,266	54,640	49,541*	53,823	60,308	64,123	70,258*	72,841	87,511
Total operating expenses	45,490	46,895	44,610*	48,093	52,945	55,089	55,400*	60,490	69,924
Operating income (loss)	7,776	7,745	4,931*	5,730	7,363	9,034	14,858*	12,351	17,587
Interest expense	872	411	98*	83	68	70	66*	62	57
Other income (expense)	14	(4)	1*	(1)	574	59	508*	709	(7)
Income tax expense (benefit)	0	437	1,058*	656	620	977	1,026*	1,133	1,031
Net income (loss)	6,918	1,154	8,152	1,338	1,957	1,722	—	1,757	2,371
Earnings per share, basic USD per share	10.49	0.08	—	0.09	0.13	0.11	—	0.12	0.18
Earnings per share, diluted USD per share	10.49	0.08	—	0.09	0.13	0.11	—	0.12	0.18
Weighted average shares, basic thousands of shares	659	14,723	—	14,890	14,904	15,005	14,857*	14,794	13,096
Weighted average shares, diluted thousands of shares	659	14,890	—	15,056	56,279	15,101	—	14,897	13,096

† Share count changed about 23x in the period ending 2024-09-30, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal quarters (TWFG's year ends in late December)

In thousands of dollars	Q2 FY24Jun 30, 2024	Q3 FY24†Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Cash and cash equivalents	25,755	191,196	195,772	196,424	159,827	150,985	155,926	124,845	73,745
Accounts receivable	9,608	8,782	7,839	8,053	9,353	8,169	7,469	8,054	14,241
Total current assets	75,350	234,127	241,848	241,405	208,525	211,327	225,518	201,392	170,521
Property and equipment, net	514	682	3,499	3,364	3,263	3,209	3,307	3,459	3,806
Right-of-use asset	2,760	2,625	4,493	4,307	4,381	4,515	4,189	4,052	4,648
Total assets	157,219	313,093	323,428	330,530	342,849	349,171	372,335	371,177	358,354
Accounts payable	—	768	3,233	653	2,295	1,665	1,571	1,530	4,592
Current portion of long-term debt	2,613	2,403	2,513	2,526	2,539	2,552	1,972	1,987	2,003
Total current liabilities	41,048	38,097	39,617	42,862	45,394	45,137	44,084	58,875	66,569
Long-term debt	47,020	5,414	5,129	4,493	3,853	3,209	2,035	1,532	1,025
Lease liability, non-current	1,639	1,448	3,372	3,119	3,008	3,135	2,897	2,815	3,388
Total liabilities	89,707	44,959	48,142	50,473	53,878	53,426	55,685	64,744	71,325
Retained earnings	11,253	13,697	15,288	16,626	18,583	20,305	23,251	25,008	27,379
Total stockholders' equity	—	71,086	73,884	75,214	78,673	79,364	83,382	69,182	46,151
Total liabilities and equity	157,219	313,093	323,428	330,530	342,849	349,171	372,335	371,177	358,354

† Share count changed about 23x in the period ending 2024-09-30, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal quarters (TWFG's year ends in late December)

In thousands of dollars	Q2 FY24Jun 30, 2024	Q3 FY24†Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Net income (loss)	6,918	1,154	8,152	1,338	1,957	1,722	—	1,757	2,371
Stock-based compensation	0*	1,012*	1,207*	1,204	1,515*	987*	872*	856	1,166*
Depreciation and amortization	2,968*	2,985*	3,054*	3,359	3,901*	5,327*	5,766*	6,169	7,065*
Net cash from operating activities	7,400*	11,725*	11,600*	15,645	9,615*	14,953*	13,288*	22,719	9,818*
Purchases of property and equipment	39*	233*	2,921*	15	44*	69*	228*	292	505*
Net cash from investing activities	(242)*	(366)*	(3,466)*	(11,166)	(35,540)*	(17,039)*	(6,633)*	(28,340)	(24,990)*
Share repurchases	—	—	—	0	0*	—	—	16,557	26,300*
Net cash from financing activities	(2,063)*	153,033*	(3,716)*	(1,525)	(11,351)*	(6,373)*	(1,297)*	(18,633)	(35,723)*
Net change in cash	5,095*	164,392*	4,418*	2,954	(37,276)*	(8,459)*	5,358*	(24,254)	(50,895)*

† Share count changed about 23x in the period ending 2024-09-30, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

SIC 6411 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 6411 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
TWFG	73,745	87,511	9,818*	not reported	—	Q2 FY26 10-QJun 30, 2026
QDM International	10,162	8,392	116	8.6M	—	Q1 FY27 10-QJun 30, 2026
Ethos Technologies	112,158	189,562	35,660*	0	—	Q2 FY26 10-QJun 30, 2026
Neptune Insurance Holdings	17,429	59,567	25,883*	not reported	—	Q3 FY26 10-QSep 30, 2026
Hagerty	460,796	71,243	93,988*	not reported	—	Q3 FY26 10-QSep 30, 2026
Enact Holdings	448,446	317,308	118,513*	137.5M	—	Q2 FY26 10-QJun 30, 2026
SelectQuote	16,032	321,653*	(3,319)*	176.6M	4.8 quarters	Q4 FY26 10-KJun 30, 2026
Crawford	79,032	329,907	5,842*	not reported	—	Q3 FY26 10-QSep 30, 2026
Apple iSports Group	0.9	0	(173)	219.8M	0.0 quarters	Q1 FY26 10-QMar 31, 2026

Not investment advice. Not affiliated with the U.S. SEC.