TWFG Inc Revenues Jump 35.3% to $72.8M; Net Income Doubles to $13.1M
TWFG Inc reported first-quarter revenues of $72.8 million, a 35.3% increase year-over-year, driven by 23.5% growth in total written premium to $458.2 million and 10.1% organic revenue growth. Net income rose to $13.1 million, adjusted EBITDA climbed 73.9% to $21.2 million, and the company repurchased $40 million of shares.
1. Financial Results
TWFG Inc delivered total revenues of $72.8 million for the quarter ended March 31, 2026, up 35.3% from $53.8 million a year earlier. Commission income rose 37.4% to $67.1 million, net income reached $13.1 million with an 18.0% margin, and diluted EPS was $0.12 ($0.29 adjusted).
2. Margin Expansion and Organic Performance
Adjusted EBITDA for the quarter hit $21.2 million, a 73.9% increase that drove margin expansion of 650 basis points to 29.1%. Total written premium climbed 23.5% to $458.2 million, with organic revenue growth of 10.1% backed by rate moderation, new business production and premium retention improving to 90%.
3. Capital Deployment and Outlook
The company repurchased $40 million of shares under its $50 million buyback authorization and continues to pursue disciplined acquisitions. Management reaffirmed full-year targets of 15%–20% total revenue growth and 10%–15% organic growth, citing a strong pipeline and expanding carrier partnerships.