TWFG · TWFG, Inc.
Market Cap
$1.31B
Shares
54.05M
Volume · Oct 5
75.67K
Avg daily vol (3M)
158.66K
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$24.61
Open$24.75
Day$24.35–25.15
52W close$17.04–31.15
Avg vol 30d178K
Short int732K · 1.4% float · 4.3d
Short vol13%
Last earningsAug 6, 2026
DataJul 2024–Oct 2026
Filing10-Q · Aug 6
Up next
Next earnings call
Oct 26, 2026
Est · unconfirmed
· in 3 wks
filed Aug 6, 2026
call held Aug 6, 2026
Metrics snapshot
Useful current figures from the complete screener profile.
Revenue (TTM)
—
Trailing 12 months
Net income (TTM)
—
Trailing 12 months
Revenue growth YoY
—
Year over year
Operating margin
—
Trailing 12 months
P / E (TTM)
—
Trailing earnings
FCF yield
—
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
—
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
—
Year over year · more shares
Price change (1Y)
-10.4%
Trailing year
Short interest
1.4%
Latest settlement · 4.3 days to cover
AI Brief
Q2 FY26 earnings call · Aug 6, 2026
Q2 FY26
TL;DR. TWFG delivered Q2 2026 total revenue growth of 45.1% to $87.5 million with adjusted EBITDA margin expanding 530 bps to 30.4%, and raised full-year 2026 guidance for total revenues ($300–$320M), organic revenue growth (13–17%), and adjusted EBITDA margin (23–27%).
Bullish
- + Raised full-year 2026 guidance: total revenues to $300–$320M, organic revenue growth to 13–17%, and adjusted EBITDA margin to 23–27%.
- + MGA channel commission income grew 290% and now represents 35% of total revenues, driving structurally higher margins.
- + Share repurchase program is nearly complete with ~$42.9M repurchased at an average $19/share, retiring ~15% of pre-program Class A shares.
- + Strong liquidity of ~$142.7M including $73.7M unrestricted cash plus $50M unused revolver, with only $3M term debt.
Bearish
- − Personal auto pricing continues to decline with mid-single-digit decreases in certain sub-segments, pressuring industry rates.
- − Q4 2026 organic growth expected to be roughly flat due to difficult MGA Florida takeout renewal comps from prior-year runoff.
- − Q2 operating cash flow was $9.8M, only marginally above the $9.6M prior-year quarter, despite strong profit growth.
- − Near-term MGA Florida margin benefit from takeout runoff period is expected to normalize as policies renew with full-term commissions.
- − Other administrative expenses rose 59.0% to $8.6M, driven by acquisitions and ongoing technology and public-company infrastructure investments.
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceOverall
Sell
SellHoldBuy
Technical
Neutral
Momentum
Neutral
Sentiment
Bearish
Fundamentals
Excellent
Quant / Vol
Very High
Market backdrop
VIX 15.3 · calm
Equity put/call 0.58
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
+6%
above
Price vs 50-day avg
−10%
below
RSI (14)
40
neutral
MACD trend
Negative
52-week position
54%
mid-range
Volume (OBV)
Confirms
volume backs price
Momentum
relative strength
1-month return
−16%
trailing
6-month return
+34%
trailing
YTD return
−14%
this year
Relative strength
+22%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $27 › 200d $23 — 50d above 200d
Institutional flow
Distributing
-6% holders QoQ · +10 funds added
Insider flow
Flat
No net insider activity over 90 days
Short interest
Rising
1.35% of float · ▲ +20.5% MoM · 4.3 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Steady
81 holders — mid 2-yr range
Squeeze score
57
elevated · 0–100
Fundamentals
Revenue growth
+22%
Y/Y
EPS growth
+179%
Y/Y
Free cash flow
$53.1M
Valuation
P/E 39.6
rich
Buyback
$7.1M
remaining
Balance sheet
$151.9M
net cash
Quant / Vol
risk profile
Volatility
46%
annualized · 1-yr
Max drawdown
−42%
past year
ATR
4.6%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the 8-K filed Aug 5, 2026
Organic Revenue Growth
· full-year 2026
Non-GAAP
Initiated
13% – 17%
Total Revenues
· full-year 2026
Initiated
$300M – $320M
prior FY $248.51M
midpoint +24.7% Y/Y
Adjusted EBITDA Margin
· full-year 2026
Non-GAAP
Initiated
23% – 27%
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Neutral
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
+6%
Bullish
Price vs 50-day avg
−10%
Bearish
RSI (14)
40
Neutral
MACD trend
Negative
Bearish
52-week position
54%
Neutral
Volume (OBV)
Confirms
Neutral
Market signals — smart money & positioning
Bearish · 2 of 6
Trend (MA cross)
No cross
50d $27 › 200d $23 — 50d above 200d
Institutional flow
Distributing
-6% holders QoQ · +10 funds added
Insider flow
Flat
No net insider activity over 90 days
Short interest
Rising
1.35% of float · ▲ +20.5% MoM · 4.3 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Steady
81 holders — mid 2-yr range
Price context
position in its 52-week range
Range low $17
Now $25 · 54%
Range high $31
vs 200-day avg +6%
vs 50-day avg -10%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted Diluted Earnings Per Share non-GAAP | $0.38 | the three months ended June 30, 2026 filing | — |
GAAP → non-GAAP reconciliationGAAP Earnings per share of common stock – diluted $0.18
+$0.06 Impact of all LLC Units exchanged for Class A Common Stock
+$0.06 Adjustments to Net Income
+$0.08 Other Adjustments
= Adjusted Diluted Earnings Per Share $0.38
|
|||
| Adjusted EBITDA non-GAAP | 26.6M | the three months ended June 30, 2026 filing | — |
| Adjusted EBITDA Margin non-GAAP | 30.4% | the three months ended June 30, 2026 filing | — |
| Adjusted Free Cash Flow non-GAAP | $3.63M | Three Months Ended June 30, 2026 filing | — |
GAAP → non-GAAP reconciliationGAAP Cash Flow from Operating Activities 9.82M
-505K Purchase of property and equipment
-5.71M Tax distribution to members
+30K Acquisition-related expenses
= Adjusted Free Cash Flow 3.63M
|
|||
| Adjusted Net Income non-GAAP | 20.29M | the three months ended June 30, 2026 filing | — |
| Adjusted Net Income Margin non-GAAP | 23.2% | the three months ended June 30, 2026 filing | — |
| Organic Revenue non-GAAP | $75.46M | Three Months Ended June 30, 2026 filing | — |
GAAP → non-GAAP reconciliationGAAP Total Revenues $87.51M
-$6.88M Acquisition adjustments
-$2.17M Contingent income
-$4.17M Fee income
-$536K Other income
+$1.7M Policy fee income
= Organic Revenue $75.46M
|
|||
| Organic Revenue Growth non-GAAP | $20.36M | Three Months Ended June 30, 2026 filing | — |
| Organic Revenue Growth Rate non-GAAP | 37% | Three Months Ended June 30, 2026 filing | — |
| Written Premium Retention (Consolidated) | 93% | Three Months Ended June 30, 2026 filing | — |
| Written Premium Retention (TWFG MGA) | 110% | Three Months Ended June 30, 2026 filing | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Insurance Brokers — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
TWFG
this stock
TWFG, Inc.
|
$1.31B | -14.5% | +22.0% | 39.6 | 1.4% |
|
MRSH
Marsh & Mclennan Companies, Inc.
|
$81.66B | -8.3% | +10.3% | 20.9 | 1.2% |
|
AJG
Arthur J. Gallagher & Co.
|
$58.90B | -12.6% | +10.1% | 38.1 | 2.5% |
|
AON
Aon plc
|
$58.11B | -23.6% | +7.7% | 15.1 | 1.7% |
|
WTW
Willis Towers Watson PLC
|
$27.30B | -12.2% | -2.2% | 18.2 | 2.6% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Financials
Filings
Earnings & Events
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| TWFG | +1.9% | -16.0% | +34.3% | +2.5% | -14.5% |
| SPY | -0.2% | -0.5% | +12.2% | +0.9% | +12.9% |
| vs SPY | +2.1% | -15.5% | +22.1% | +1.6% | -27.3% |
Capital returns
Buyback program
· as of May 12, 2026
Authorized
$50.00M
Spent (derived)
$42.86M
Remaining
$7.14M
Spent
Remaining
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.