TWFG, Inc. Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	124.85	155.93	195.77	39.3	22.33
Cash & Short-Term Investments	124.85	155.93	195.77	39.3	22.33
Cash Growth	-36.44%	-20.35%	398.19%	75.98%	-
Restricted Cash and Segregated Assets	18.8	11.97	9.55	7.17	7.93
Accounts Receivable	44.55	44.79	34.91	25.06	20.64
Other Current Assets	13.2	12.83	1.62	3.58	37.81
Total Current Assets	201.39	225.52	241.85	75.11	88.72
Net Property, Plant & Equipment	7.51	7.5	7.99	3.06	2.92
Other Intangible Assets	161.61	138.63	72.98	36.44	21.36
Other Long-Term Assets	0.66	0.69	0.61	0.84	1.16
Total Assets	371.18	372.34	323.43	115.44	114.15
Accounts Payable	18.84	15.17	13.85	12.49	9.71
Short-Term Debt	1.99	1.97	1.91	2.44	2.64
Current Portion of Leases	1.22	1.32	1.01	0.88	0.63
Other Current Liabilities	36.82	25.62	22.84	19.11	33.35
Total Current Liabilities	58.88	44.08	39.62	34.91	46.33
Long-Term Debt	1.53	2.04	4.01	46.92	8.36
Long-Term Leases	2.82	2.9	3.37	1.52	1.68
Other Long-Term Liabilities	1.52	6.67	1.15	1.04	-
Total Long-Term Liabilities	5.87	11.6	8.53	49.47	10.04
Total Liabilities	64.74	55.69	48.14	84.39	56.37
Common Stock	0.14	0.15	0.15	0.63	0.63
Additional Paid-in Capital	44.01	59.95	58.37	25.11	25.11
Accumulated Other Comprehensive Income	0.03	0.03	0.08	0.5	-0.14
Retained Earnings	25.01	23.25	15.29	4.81	32.18
Total Common Shareholders' Equity	69.18	83.38	73.88	31.05	57.79
Minority Interest	237.25	233.27	201.4	-	-
Shareholders' Equity	285.03	298.75	275.29	31.05	57.79
Total Liabilities & Equity	371.18	372.34	323.43	115.44	114.15
Total Debt	7.56	8.22	10.3	51.76	13.31
Net Cash (Debt)	117.29	147.7	185.47	-12.46	9.02
Net Cash Growth	-20.59%	-20.36%	-	-	-
Net Cash Per Share	3.29	9.78	12.38	-19.72	14.28
Book Value	69.18	83.38	73.88	31.05	57.79
Book Value Per Share	1.94	5.52	4.93	49.15	91.47
Tangible Book Value	-92.43	-55.25	0.91	-5.39	36.43
Tangible Book Value Per Share	-2.59	-3.66	0.06	-8.52	57.67

SEC Filings: 10-K · 10-Q