TWFG (TWFG) revenue breakdown
By product, Commission income is the largest at 89% of fiscal 2025 revenue; Contingent income grew fastest, 42% a year over 3 years.
Revenue by product
Fiscal years, as TWFG reports them in its 10-K filings; fiscal 2025 total $249M.
| Products | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|
| Commission income | $139M | $159M | $183M | $221M | 89% |
| Contingent income | $5M | $4M | $9M | $13M | 5% |
| Branch fees | $2M | $3M | $5M | $5M | 2% |
| Policy fees | $3M | $2M | $4M | $4M | 2% |
| License fees | $3M | $3M | $2M | $3M | 1% |
| Other income | $1M | $968,000 | $1M | $1M | 1% |
| TPA fees | $549,000 | $534,000 | $393,000 | $605,000 | 0% |
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Where does TWFG make its money?
In fiscal 2025, by product: Commission income $221M, Contingent income $13M, Branch fees $5M, Policy fees $4M, License fees $3M.
From TWFG's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.