# TWFG, Inc.: overview TWFG · Nasdaq · CIK 2007596 · [Financials](/sectors/financials.md) · fiscal year ends Dec 31 Pages: [Overview](/companies/twfg.md) · [Financials](/companies/twfg/financials.md) · [Filings](/companies/twfg/filings.md) · [Insiders](/companies/twfg/insiders.md) Latest reported revenue: [$87.5m](/filings/0002007596-26-000012.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 6, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0002007596-26-000012). ## Last eight quarters | Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | | --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | | Revenue | $m | [52.9](/filings/0001628280-25-051591.md) | [51.7 d](/filings/0001628280-26-016162.md) | [53.8](/filings/0001628280-26-032845.md) | [60.3](/filings/0002007596-26-000012.md) | [64.1](/filings/0001628280-25-051591.md) | [70.3 d](/filings/0001628280-26-016162.md) | [72.8](/filings/0001628280-26-032845.md) | [87.5](/filings/0002007596-26-000012.md) | | Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | | Operating margin | % | [11.3%](/filings/0001628280-25-051591.md) | [13.8% d](/filings/0001628280-26-016162.md) | [10.6%](/filings/0001628280-26-032845.md) | [12.2%](/filings/0002007596-26-000012.md) | [14.1%](/filings/0001628280-25-051591.md) | [21.1% d](/filings/0001628280-26-016162.md) | [17.0%](/filings/0001628280-26-032845.md) | [20.1%](/filings/0002007596-26-000012.md) | | Net margin | % | [2.2%](/filings/0001628280-25-051591.md) | [15.8% d](/filings/0001628280-25-015138.md) | [2.5%](/filings/0001628280-26-032845.md) | [3.2%](/filings/0002007596-26-000012.md) | [2.7%](/filings/0001628280-25-051591.md) | [51.5% d](/filings/0001628280-26-016162.md) | [2.4%](/filings/0001628280-26-032845.md) | [2.7%](/filings/0002007596-26-000012.md) | | Diluted EPS | $ per share | [0.08](/filings/0001628280-25-051591.md) | not reported | [0.09](/filings/0001628280-26-032845.md) | [0.13](/filings/0002007596-26-000012.md) | [0.11](/filings/0001628280-25-051591.md) | not reported | [0.12](/filings/0001628280-26-032845.md) | [0.18](/filings/0002007596-26-000012.md) | | Free cash flow | $m | [11.5 d](/filings/0001628280-25-051591.md) | [8.7 d](/filings/0001628280-26-016162.md) | [15.6](/filings/0001628280-26-032845.md) | [9.6 d](/filings/0002007596-26-000012.md) | [14.9 d](/filings/0001628280-25-051591.md) | [13.1 d](/filings/0001628280-26-016162.md) | [22.4](/filings/0001628280-26-032845.md) | [9.3 d](/filings/0002007596-26-000012.md) | - Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure. - Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure. - Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure. - Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Net income: us-gaap:ProfitLoss. Derived values: 12-month figure less the 9-month figure. - Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted. - Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure. ## Last five fiscal years | Line item | Unit | FY (2022-12-31) | FY (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) | | --- | --- | ---: | ---: | ---: | ---: | | Revenue | $m | [154](/filings/0001628280-25-015138.md) | [172](/filings/0001628280-26-016162.md) | [204](/filings/0001628280-26-016162.md) | [249](/filings/0001628280-26-016162.md) | | Gross margin | % | not reported | not reported | not reported | not reported | | Operating margin | % | [15.4%](/filings/0001628280-25-015138.md) | [14.8%](/filings/0001628280-26-016162.md) | [13.7%](/filings/0001628280-26-016162.md) | [14.9%](/filings/0001628280-26-016162.md) | | Net margin | % | [0.0%](/filings/0001628280-25-015138.md) | [0.0%](/filings/0001628280-26-016162.md) | [1.3%](/filings/0001628280-26-016162.md) | [16.6%](/filings/0001628280-26-016162.md) | | Diluted EPS | $ per share | not reported | not reported | [0.19](/filings/0001628280-26-016162.md) | [0.53](/filings/0001628280-26-016162.md) | | Free cash flow | $m | [25.6](/filings/0001628280-25-015138.md) | [29.9](/filings/0001628280-26-016162.md) | [37.3](/filings/0001628280-26-016162.md) | [53.1](/filings/0001628280-26-016162.md) | - Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Net income: us-gaap:ProfitLoss. - Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted. - Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing. ## Insider purchases and sales The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/twfg/insiders.md) None in coverage. ## Funds that report holding it From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md) | Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before | | --- | --- | ---: | ---: | --- | --- | | [BAMCO INC /NY/](/funds/1017918.md) | 2026-06-30 | $27.3m | 1,135,091 | | Reduced −8 | | [FRANKLIN RESOURCES INC](/funds/38777.md) | 2026-06-30 | $18.8m | 781,912 | | Added +771,912 | | [Giverny Capital Inc.](/funds/1641864.md) | 2026-06-30 | $15.7m | 652,452 | | Added +100,345 | | [Central Securities Corp](/funds/18748.md) | 2026-06-30 | $12.0m | 500,000 | | Unchanged | | [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $11.8m | 489,244 | | Reduced −81,293 | | [MARSHALL WACE, LLP](/funds/1318757.md) | 2026-06-30 | $9.8m | 408,732 | | Added +141,904 | | [TWO SIGMA INVESTMENTS, LP](/funds/1179392.md) | 2026-06-30 | $9.0m | 372,365 | | Added +167,152 | | [JANE STREET GROUP, LLC](/funds/1595888.md) | 2026-06-30 | $8.5m | 353,216 | | Added +184,211 | | [RIVERBRIDGE PARTNERS LLC](/funds/1112325.md) | 2026-06-30 | $8.0m | 332,658 | | Reduced −216,956 | | [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $5.3m | 222,376 | | Added +35,039 | ## Recent filings [All 172 filings](/companies/twfg/filings.md) | Filed | Accepted | Form | What it is | Accession | | --- | --- | --- | --- | --- | | 2026-08-13 | 16:30 ET | [8-K](/filings/0002007596-26-000014.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0002007596-26-000014 | | 2026-08-06 | 16:15 ET | [10-Q](/filings/0002007596-26-000012.md) | Quarterly report, period 2026-06-30 | 0002007596-26-000012 | | 2026-08-05 | 16:32 ET | [8-K](/filings/0002007596-26-000011.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0002007596-26-000011 | | 2026-07-24 | 16:24 ET | [8-K](/filings/0002007596-26-000008.md) | 5.02 Departure or appointment of officers or directors | 0002007596-26-000008 | | 2026-05-28 | 16:07 ET | [8-K](/filings/0001628280-26-038800.md) | 5.07 Shareholder vote results; 9.01 Financial statements and exhibits | 0001628280-26-038800 | | 2026-05-08 | 16:06 ET | [10-Q](/filings/0001628280-26-032845.md) | Quarterly report, period 2026-03-31 | 0001628280-26-032845 | | 2026-05-07 | 16:15 ET | [8-K](/filings/0001628280-26-032140.md) | 2.02 Results of operations | 0001628280-26-032140 | | 2026-04-10 | 16:14 ET | [DEF 14A](/filings/0001628280-26-024692.md) | Proxy statement, period 2026-05-27 | 0001628280-26-024692 | | 2026-03-10 | 17:51 ET | [10-K](/filings/0001628280-26-016162.md) | Annual report, period 2025-12-31 | 0001628280-26-016162 | | 2026-02-25 | 16:09 ET | [8-K](/filings/0001628280-26-011644.md) | 2.02 Results of operations; 8.01 Other events; 9.01 Financial statements and exhibits | 0001628280-26-011644 | ## Latest annual report [Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001628280-26-016162.md), filed Mar 10, 2026. ## Forecast league Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/d6526ca5-778f-4150-8dc5-1be0f731f351) ## About the filer - CIK: 2007596 - Tickers: TWFG - Exchange: Nasdaq - SIC code: 6411 Insurance Agents, Brokers & Service - State of incorporation: DE - Filer category:
Emerging growth company Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:50 ET. No prices; not investment advice.