TWFG, Inc. (NASDAQ:TWFG)
Insiders here have filed 1 Form 4 in the last 90 days, but all of them are share awards, grants or other non-market transactions. Those are compensation, not a decision to buy, so they are not scored.
Profitable, but on a thin margin.
- Revenue
- $302.8M
- Net income
- $16.1M
- Net margin
- 5.3%
Little or no net debt.
- Total debt
- $6.4M
- Cash
- $77.8M
- Net debt / EBITDA
- -0.83x
Comfortably covers what is due within a year.
- Current assets
- $177.0M
- Current liabilities
- $62.9M
- Current ratio
- 2.81
The business funds itself from operations.
- Operating cash flow
- $56.4M
- Free cash flow
- $47.5M
- FCF margin
- 15.7%
Not funding itself by issuing shares.
- Shares outstanding
- 12.9M
- Share growth (1y)
- -14.2%
Five pillars — profitability, leverage, liquidity, cash generation, dilution & runway — each scored 0–20 from the company’s own income statement, balance sheet and cash-flow statement, then scaled to 100. A pillar the statements cannot answer is left out rather than guessed; fewer than three and no score is shown.
TWFG Income Statement
| Fiscal Period | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| Period Ending | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 |
| Revenue | 79.92 M | 87.51 M | 72.84 M | 62.54 M | 61.74 M | 57.89 M |
| Revenue Growth (YoY) | 29.45 % | 51.17 % | 40.63 % | 34.60 % | 20.74 % | 12.74 % |
| Cost of Revenue | 11.85 M | 69.92 M | 49.37 M | 42.93 M | 44.57 M | 43.64 M |
| Gross Profit | 68.07 M | 17.59 M | 23.47 M | 19.61 M | 17.17 M | 14.25 M |
| SG&A Expense | 9.65 M | 0.00 | 0.00 | 6.70 M | 5.19 M | 5.40 M |
| R&D Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 70.89 M | 0.00 | 11.12 M | 12.07 M | 8.13 M | 6.88 M |
| Operating Income | 9.03 M | 17.59 M | 12.35 M | 7.54 M | 9.03 M | 7.36 M |
| Pretax Income | 9.60 M | 18.28 M | 14.21 M | 16.72 M | 10.60 M | 9.62 M |
| Tax Provision | 601.00 K | 1.03 M | 1.13 M | 1.03 M | 977.00 K | 620.00 K |
| Net Income | 9.00 M | 2.37 M | 1.76 M | 2.95 M | 1.72 M | 1.96 M |
| EPS (Basic) | 0.09 | 0.18 | 0.12 | 0.20 | 0.11 | 0.49 |
| EPS (Diluted) | 0.09 | 0.18 | 0.03 | 0.05 | 0.11 | 0.49 |
| Shares Outstanding | 12.87 M | 13.10 M | 14.79 M | 15.02 M | 15.01 M | 14.90 M |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.