What is TWFG INC's earnings per share (EPS)?

TWFG INC (TWFG) reported diluted earnings per share of $0.53 for fiscal year 2025. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

TWFG INC Financials

TWFG

FY2025 annual

Revenue $248.5M +22.0% YoY

Net Income $41.2M +1399.7% YoY

EPS (Diluted) $0.53 YoY not available

Free Cash Flow $53.1M +42.6% YoY

Source SEC Filings (10-K/10-Q) Data as of Jun 30, 2026 Currency USD FYE December

TWFG INC (TWFG) reported $248.5M in revenue for fiscal year 2025, up 22.0% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI TWFG FY2025 2026-05-08

TWFG’s engine is an asset-light, cash-converting model that kept margins near 15.0% while a FY2024 balance-sheet reset removed most debt.

The least obvious shift is that FY2025 growth was not funded by heavier working capital or capex: operating cash flow reached $53.5M, free cash flow stayed almost as high at $53.1M, and receivables were only $7.5M against $248.5M of revenue, so expansion translated into cash rather than getting trapped on the balance sheet.

A separate structural change happened in FY2024, when financing inflow of $143.4M pushed cash to $195.8M; even after FY2025 investing outflow of $70.4M, cash still ended at $155.9M with just $2.0M of long-term debt. That leaves a cash-rich balance sheet and a 5.1x current ratio, meaning short-term obligations are not what is financing day-to-day operations.

Profitability looks more like a repeatable operating template than a one-year surge: operating margin stayed in a narrow 13.7%-15.4% band from FY2022 through FY2025 while revenue rose from $153.9M to $248.5M. That pattern suggests fixed-cost absorption and cost control mattered more than a dramatic change in pricing or business mix.

Financial Health Signals

Financial health score not available

TWFG INC does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial

6/7

TWFG INC passes 6 of 7 computable financial strength tests (2 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.30x

For every $1 of reported earnings, TWFG INC generates $1.30 in operating cash flow ($53.5M OCF vs $41.2M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe

123.28x

TWFG INC earns $123.28 in operating income for every $1 of interest expense ($37.0M vs $300K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

Revenue

$248.5M

YoY+22.0%

TWFG INC generated $248.5M in revenue in fiscal year 2025. This represents an increase of 22.0% from the prior year.

EBITDA

$55.3M

YoY+38.5%

TWFG INC's EBITDA was $55.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 38.5% from the prior year.

Net Income

$41.2M

YoY+1399.7%

TWFG INC reported $41.2M in net income in fiscal year 2025. This represents an increase of 1399.7% from the prior year.

EPS (Diluted)

$0.53

TWFG INC earned $0.53 per diluted share (EPS) in fiscal year 2025.

Cash & Balance Sheet

Free Cash Flow

$53.1M

YoY+42.6%

TWFG INC generated $53.1M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 42.6% from the prior year.

Cash & Debt

$155.9M

YoY-20.4%

TWFG INC held $155.9M in cash against $2.0M in long-term debt as of fiscal year 2025.

Dividends Per Share

Not reported for fiscal year 2025.

Shares Outstanding

Not reported for fiscal year 2025.

Margins & Returns

Operating Margin

14.9%

YoY+1.2pp

TWFG INC's operating margin was 14.9% in fiscal year 2025, reflecting core business profitability. This is up 1.2 percentage points from the prior year.

Net Margin

16.6%

YoY+15.2pp

TWFG INC's net profit margin was 16.6% in fiscal year 2025, showing the share of revenue converted to profit. This is up 15.2 percentage points from the prior year.

Return on Equity

49.4%

YoY+45.6pp

TWFG INC's ROE was 49.4% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 45.6 percentage points from the prior year.

Gross Margin

Not reported for fiscal year 2025.

Capital Allocation

Capital Expenditures

$356K

YoY-88.9%

TWFG INC invested $356K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 88.9% from the prior year.

R&D Spending

Not reported for fiscal year 2025.

Share Buybacks

Not reported for fiscal year 2025.

TWFG Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

TWFG annual income statement

Metric	TTM	FY25	FY24	FY23	FY22
Revenue	$294.7M	$248.5M+22.0%	$203.8M+18.4%	$172.0M+11.8%	$153.9M
SG&A Expenses	$41.6M	$37.6M+29.5%	$29.1M+108.0%	$14.0M+14.1%	$12.2M
Operating Income	$53.8M	$37.0M+32.4%	$27.9M+10.0%	$25.4M+7.1%	$23.7M
Interest Expense	$300K	$300K-86.4%	$2.2M+120.0%	$1.0M+151.3%	$398K
Income Tax	$4.2M	$3.3M+119.3%	$1.5M	$0	$0
Net Income	$42.0M	$41.2M+1399.7%	$2.7M	$0	$0
EPS (Diluted)	—	$0.53	$0.19	N/A	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Revenue	$87.5M+20.1%	$72.8M+3.7%	$70.3M+9.6%	$64.1M+6.3%	$60.3M+12.0%	$53.8M+4.0%	$51.7M-2.1%	$52.9M
SG&A Expenses	$11.8M+19.0%	$9.9M-1.2%	$10.0M+0.9%	$9.9M+4.6%	$9.5M+15.8%	$8.2M+7.0%	$7.7M-8.0%	$8.3M
Operating Income	$17.6M+42.4%	$12.4M-16.9%	$14.9M+64.5%	$9.0M+22.7%	$7.4M+28.5%	$5.7M-19.7%	$7.1M+19.5%	$6.0M
Interest Expense	$100K0.0%	$100K+233.3%	$30K-57.1%	$70K-30.0%	$100K0.0%	$100K-21.9%	$128K-68.0%	$400K
Income Tax	$1.0M-9.0%	$1.1M+10.4%	$1.0M+5.0%	$977K+57.6%	$620K-5.5%	$656K-38.0%	$1.1M+142.1%	$437K
Net Income	$2.4M+34.9%	$1.8M-95.1%	$36.1M+1999.2%	$1.7M-12.0%	$2.0M+46.3%	$1.3M-83.6%	$8.2M+606.4%	$1.2M
EPS (Diluted)	$0.18+50.0%	$0.12	N/A	$0.11-15.4%	$0.13+44.4%	$0.09	N/A	$0.08

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses.

TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.

TWFG Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

TWFG annual balance sheet

Metric	FY25	FY24	FY23	FY22
Total Assets	$372.3M+15.1%	$323.4M+180.2%	$115.4M	N/A
Current Assets	$225.5M-6.8%	$241.8M+222.0%	$75.1M	N/A
Cash & Equivalents	$155.9M-20.4%	$195.8M+398.2%	$39.3M+76.0%	$22.3M
Accounts Receivable	$7.5M-4.7%	$7.8M+31.0%	$6.0M	N/A
Total Liabilities	$289.0M+15.8%	$249.5M+195.7%	$84.4M	N/A
Current Liabilities	$44.1M+11.3%	$39.6M+13.5%	$34.9M	N/A
Long-Term Debt	$2.0M-49.2%	$4.0M-91.6%	$48.0M	N/A
Total Equity	$83.4M+12.9%	$73.9M+137.9%	$31.1M	N/A
Retained Earnings	$23.3M+52.1%	$15.3M+218.2%	$4.8M	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Total Assets	$358.4M-3.5%	$371.2M-0.3%	$372.3M+6.6%	$349.2M+1.8%	$342.8M+3.7%	$330.5M+2.2%	$323.4M+3.3%	$313.1M
Current Assets	$170.5M-15.3%	$201.4M-10.7%	$225.5M+6.7%	$211.3M+1.3%	$208.5M-13.6%	$241.4M-0.2%	$241.8M+3.3%	$234.1M
Cash & Equivalents	$73.7M-40.9%	$124.8M-19.9%	$155.9M+3.3%	$151.0M-5.5%	$159.8M-18.6%	$196.4M+0.3%	$195.8M+2.4%	$191.2M
Accounts Receivable	$14.2M+76.8%	$8.1M+7.8%	$7.5M-8.6%	$8.2M-12.7%	$9.4M+16.1%	$8.1M+2.7%	$7.8M-10.7%	$8.8M
Total Liabilities	$312.2M+3.4%	$302.0M+4.5%	$289.0M+7.1%	$269.8M+2.1%	$264.2M+3.5%	$255.3M+2.3%	$249.5M+3.1%	$242.0M
Current Liabilities	$66.6M+13.1%	$58.9M+33.6%	$44.1M-2.3%	$45.1M-0.6%	$45.4M+5.9%	$42.9M+8.2%	$39.6M+4.0%	$38.1M
Long-Term Debt	$1.0M-33.1%	$1.5M-24.7%	$2.0M-36.6%	$3.2M-16.7%	$3.9M-14.2%	$4.5M+12.1%	$4.0M-26.0%	$5.4M
Total Equity	$46.2M-33.3%	$69.2M-17.0%	$83.4M+5.1%	$79.4M+0.9%	$78.7M+4.6%	$75.2M+1.8%	$73.9M+3.9%	$71.1M
Retained Earnings	$27.4M+9.5%	$25.0M+7.6%	$23.3M+14.5%	$20.3M+9.3%	$18.6M+11.8%	$16.6M+8.8%	$15.3M+11.6%	$13.7M

Not reported in any period shown, so not listed: Inventory, Goodwill.

TWFG Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

TWFG annual cash flow statement

Metric	TTM	FY25	FY24	FY23	FY22
Operating Cash Flow	$60.8M	$53.5M+32.2%	$40.5M+34.2%	$30.2M+17.1%	$25.8M
Capital Expenditures	$1.1M	$356K-88.9%	$3.2M+1131.2%	$260K+126.1%	$115K
Free Cash Flow	$59.7M	$53.1M+42.6%	$37.3M+24.7%	$29.9M+16.6%	$25.6M
Investing Cash Flow	-$77.0M	-$70.4M-180.9%	-$25.1M-71.0%	-$14.7M-1.0%	-$14.5M
Financing Cash Flow	-$62.0M	-$20.5M-114.3%	$143.4M+1579.4%	-$9.7M+36.5%	-$15.3M

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Operating Cash Flow	$9.8M-56.8%	$22.7M+71.0%	$13.3M-11.1%	$15.0M+55.5%	$9.6M-38.5%	$15.6M+34.9%	$11.6M-1.1%	$11.7M
Capital Expenditures	$505K+72.9%	$292K+28.1%	$228K+230.4%	$69K+56.8%	$44K+193.3%	$15K-99.5%	$2.9M+1153.6%	$233K
Free Cash Flow	$9.3M-58.5%	$22.4M+71.7%	$13.1M-12.3%	$14.9M+55.5%	$9.6M-38.8%	$15.6M+80.1%	$8.7M-24.5%	$11.5M
Investing Cash Flow	-$25.0M+11.8%	-$28.3M-327.3%	-$6.6M+61.1%	-$17.0M+52.1%	-$35.5M-218.3%	-$11.2M-222.2%	-$3.5M-847.0%	-$366K
Financing Cash Flow	-$35.7M-91.7%	-$18.6M-1336.6%	-$1.3M+79.6%	-$6.4M+43.9%	-$11.4M-644.3%	-$1.5M+59.0%	-$3.7M-102.4%	$153.0M
Share Buybacks	$26.3M+58.8%	$16.6M	N/A	N/A	$0	$0	N/A	N/A

Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.

TWFG Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples.

TWFG annual financial ratios

Metric	FY25	FY24	FY23	FY22
Operating Margin	14.9%+1.2pp	13.7%-1.1pp	14.8%-0.6pp	15.4%
Net Margin	16.6%+15.2pp	1.4%+1.4pp	0.0%0.0pp	0.0%
Return on Equity	49.4%+45.6pp	3.7%+3.7pp	0.0%	N/A
Return on Assets	11.1%+10.2pp	0.9%+0.9pp	0.0%	N/A
Current Ratio	5.12-1.0x	6.10+4.0x	2.15	N/A
Debt-to-Equity	0.020.0x	0.05-1.5x	1.54	N/A
FCF Margin	21.4%+3.1pp	18.3%+0.9pp	17.4%+0.7pp	16.7%

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Operating Margin	20.1%+3.1pp	17.0%-4.2pp	21.1%+7.1pp	14.1%+1.9pp	12.2%+1.6pp	10.7%-3.1pp	13.8%+2.5pp	11.3%
Net Margin	2.7%+0.3pp	2.4%-49.0pp	51.4%+48.8pp	2.7%-0.6pp	3.3%+0.8pp	2.5%-13.3pp	15.8%+13.6pp	2.2%
Return on Equity	5.1%+2.6pp	2.5%-40.8pp	43.4%+41.2pp	2.2%-0.3pp	2.5%+0.7pp	1.8%-9.3pp	11.0%+9.4pp	1.6%
Return on Assets	0.7%+0.2pp	0.5%-9.2pp	9.7%+9.2pp	0.5%-0.1pp	0.6%+0.2pp	0.4%-2.1pp	2.5%+2.1pp	0.4%
Current Ratio	2.56-0.9x	3.42-1.7x	5.12+0.4x	4.68+0.1x	4.59-1.0x	5.63-0.5x	6.100.0x	6.15
Debt-to-Equity	0.020.0x	0.020.0x	0.020.0x	0.040.0x	0.050.0x	0.060.0x	0.050.0x	0.08
FCF Margin	10.6%-20.2pp	30.8%+12.2pp	18.6%-4.6pp	23.2%+7.3pp	15.9%-13.2pp	29.0%+12.3pp	16.8%-5.0pp	21.7%

Not reported in any period shown, so not listed: Gross Margin.

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Where TWFG INC Ranks

Frequently Asked Questions

What is TWFG INC's annual revenue?

TWFG INC (TWFG) reported $248.5M in total revenue for fiscal year 2025. This represents a 22.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is TWFG INC's revenue growing?

TWFG INC (TWFG) revenue grew by 22.0% year-over-year, from $203.8M to $248.5M in fiscal year 2025.

Is TWFG INC profitable?

Yes, TWFG INC (TWFG) reported a net income of $41.2M in fiscal year 2025, with a net profit margin of 16.6%.

What is TWFG INC's EBITDA?

TWFG INC (TWFG) had EBITDA of $55.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does TWFG INC have?

As of fiscal year 2025, TWFG INC (TWFG) had $155.9M in cash and equivalents against $2.0M in long-term debt.

What is TWFG INC's operating margin?

TWFG INC (TWFG) had an operating margin of 14.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is TWFG INC's net profit margin?

TWFG INC (TWFG) had a net profit margin of 16.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is TWFG INC's return on equity (ROE)?

TWFG INC (TWFG) has a return on equity of 49.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is TWFG INC's free cash flow?

TWFG INC (TWFG) generated $53.1M in free cash flow during fiscal year 2025. This represents a 42.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is TWFG INC's operating cash flow?

TWFG INC (TWFG) generated $53.5M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are TWFG INC's total assets?

TWFG INC (TWFG) had $372.3M in total assets as of fiscal year 2025, including both current and long-term assets.

What are TWFG INC's capital expenditures?

TWFG INC (TWFG) invested $356K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

What is TWFG INC's current ratio?

TWFG INC (TWFG) had a current ratio of 5.12 as of fiscal year 2025, which is generally considered healthy.

What is TWFG INC's debt-to-equity ratio?

TWFG INC (TWFG) had a debt-to-equity ratio of 0.02 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is TWFG INC's return on assets (ROA)?

TWFG INC (TWFG) had a return on assets of 11.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is TWFG INC's Piotroski F-Score?

TWFG INC (TWFG) has a Piotroski F-Score of 6 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are TWFG INC's earnings high quality?

TWFG INC (TWFG) has an earnings quality ratio of 1.30x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can TWFG INC cover its interest payments?

TWFG INC (TWFG) has an interest coverage ratio of 123.28x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.