TWFG · XBRL financial data
TWFG financial statements, every fiscal year
The same tables from 2 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
CSVFiscal years (TWFG's year ends in late December)
| In thousands of dollars | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|
| Revenue from contracts with customers | 203,760 | 248,512 |
| Total operating expenses | 175,835 | 211,527 |
| Operating income (loss) | 27,925 | 36,985 |
| Interest expense | 2,223 | 287 |
| Other income (expense) | 9 | 1,140 |
| Income tax expense (benefit) | 1,495 | 3,279 |
| Net income (loss) | 2,745 | — |
| Earnings per share, basic USD per share | 0.19 | 0.53 |
| Earnings per share, diluted USD per share | 0.19 | 0.53 |
| Weighted average shares, basic thousands of shares | 14,772 | 14,914 |
| Weighted average shares, diluted thousands of shares | 14,982 | 15,100 |
Balance sheet
CSVFiscal years (TWFG's year ends in late December)
| In thousands of dollars | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|
| Cash and cash equivalents | 195,772 | 155,926 |
| Accounts receivable | 7,839 | 7,469 |
| Total current assets | 241,848 | 225,518 |
| Property and equipment, net | 3,499 | 3,307 |
| Right-of-use asset | 4,493 | 4,189 |
| Total assets | 323,428 | 372,335 |
| Accounts payable | 3,233 | 1,571 |
| Current portion of long-term debt | 2,513 | 1,972 |
| Total current liabilities | 39,617 | 44,084 |
| Long-term debt | 5,129 | 2,035 |
| Lease liability, non-current | 3,372 | 2,897 |
| Total liabilities | 48,142 | 55,685 |
| Retained earnings | 15,288 | 23,251 |
| Total stockholders' equity | 73,884 | 83,382 |
| Total liabilities and equity | 323,428 | 372,335 |
Cash flows
CSVFiscal years (TWFG's year ends in late December)
| In thousands of dollars | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|
| Net income (loss) | 2,745 | — |
| Stock-based compensation | 2,219 | 4,578 |
| Depreciation and amortization | 12,020 | 18,353 |
| Net cash from operating activities | 40,479 | 53,501 |
| Purchases of property and equipment | 3,201 | 356 |
| Net cash from investing activities | (25,055) | (70,378) |
| Net cash from financing activities | 143,431 | (20,546) |
| Net change in cash | 158,855 | (37,423) |
Compare with peers
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 $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
| Company | Cash ($K) | Revenue, quarter ($K) | Operating cash flow, quarter ($K) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| TWFG | 73,745 | 87,511 | 9,818* | not reported | — | 10-QJun 30, 2026 |
| QDM International | 10,162 | 8,392 | 116 | 8.6M | — | 10-QJun 30, 2026 |
| Ethos Technologies | 112,158 | 189,562 | 35,660* | 0 | — | 10-QJun 30, 2026 |
| Neptune Insurance Holdings | 17,429 | 59,567 | 25,883* | not reported | — | 10-QSep 30, 2026 |
| Hagerty | 460,796 | 71,243 | 93,988* | not reported | — | 10-QSep 30, 2026 |
| Enact Holdings | 448,446 | 317,308 | 118,513* | 137.5M | — | 10-QJun 30, 2026 |
| SelectQuote | 9,748 | 280,007 | (17,180) | 179.4M | 0.6 quarters | 10-QSep 30, 2026 |
| Crawford | 79,032 | 329,907 | 5,842* | not reported | — | 10-QSep 30, 2026 |
| Apple iSports Group | 0.9 | 0 | (173) | 219.8M | 0.0 quarters | 10-QMar 31, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.