TWFG, Inc. reported a significant increase in financial performance for the fiscal year ending December 31, 2025, with total revenues reaching $248.5 million, a 22% increase from $203.8 million in 2024. This growth was primarily driven by a 21% rise in commission income, which amounted to $221 million, and a 50% increase in contingent income, totaling $13.1 million. The company also achieved an organic revenue growth rate of 11.6%, reflecting its ability to attract and retain productive agents and expand its client base.
The company’s profitability improved as well, with net income rising to $41.2 million from $28.6 million in the previous year. Adjusted net income, which excludes certain non-recurring items, was reported at $50.9 million, resulting in an adjusted net income margin of 20.5%. The increase in profitability was attributed to effective expense management, with total operating expenses growing at a slower rate than revenue, leading to improved operating leverage.
Strategically, TWFG expanded its operations through acquisitions, completing seven transactions for a total of $51 million, which contributed to its revenue growth. The company also acquired a 50.1% interest in TWFG MGA FL, enhancing its market presence in Florida. As of December 31, 2025, TWFG operated over 550 branches across 34 states and the District of Columbia, with a total written premium of $1.7 billion, marking a 17% increase from the previous year.
Operationally, TWFG reported a strong retention rate of 90% for its written premium, with renewal business accounting for 66% of total written premium. The company’s workforce grew to approximately 400 employees, reflecting its commitment to supporting agent growth and corporate branch integration. Looking ahead, TWFG plans to continue its focus on organic growth, strategic acquisitions, and technology investments to enhance operational efficiency and scalability. The company maintains a positive outlook, expecting to leverage its strong financial position and market dynamics to drive future growth.
About TWFG, Inc.
TWFG, Inc. is a leading independent insurance distribution platform in the U.S., offering personal and commercial lines through a network of over 2,500 agencies, including branches and MGAs. It provides access to a broad range of insurance products, carrier relationships, and innovative support tools. Focused on growth, M&A, and agent support, TWFG serves a diverse client base with a reputation for stability and entrepreneurial opportunity.
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