TWFG Inc
NASDAQ:TWFG
Income Statement
Earnings Waterfall
TWFG Inc
Income Statement
TWFG Inc
| Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|
| Revenue | ||||||
| Interest Expense |
2
|
2
|
1
|
1
|
0
|
|
| Revenue |
373
N/A
|
204
-45%
|
258
+26%
|
218
-15%
|
228
+4%
|
|
| Gross Profit | ||||||
| Cost of Revenue |
(232)
|
(118)
|
(150)
|
(126)
|
(130)
|
|
| Gross Profit |
141
N/A
|
86
-39%
|
108
+26%
|
93
-14%
|
98
+6%
|
|
| Operating Income | ||||||
| Operating Expenses |
(84)
|
(58)
|
(74)
|
(67)
|
(71)
|
|
| Selling, General & Administrative |
(67)
|
(46)
|
(59)
|
(54)
|
(56)
|
|
| Depreciation & Amortization |
(17)
|
(12)
|
(15)
|
(13)
|
(16)
|
|
| Operating Income |
57
N/A
|
28
-51%
|
34
+21%
|
26
-23%
|
27
+5%
|
|
| Pre-Tax Income | ||||||
| Interest Income Expense |
(4)
|
2
|
4
|
7
|
9
|
|
| Total Other Income |
(0)
|
0
|
0
|
1
|
1
|
|
| Pre-Tax Income |
53
N/A
|
30
-43%
|
38
+25%
|
34
-10%
|
37
+10%
|
|
| Net Income | ||||||
| Tax Provision |
(0)
|
(1)
|
(2)
|
(3)
|
(3)
|
|
| Income from Continuing Operations |
52
|
29
|
35
|
31
|
34
|
|
| Income to Minority Interest |
(19)
|
(26)
|
(31)
|
(25)
|
(27)
|
|
| Net Income (Common) |
34
N/A
|
3
-92%
|
4
+49%
|
6
+48%
|
7
+9%
|
|
| EPS (Diluted) |
2.27
N/A
|
0.18
-92%
|
0.27
+50%
|
0.1
-63%
|
0.44
+340%
|
|