# TWFG, Inc. (TWFG) FY2026 Q2 P&L / Income Statement

- Company: TWFG, Inc. (TWFG)
- Period: 2026-04-01 to 2026-06-30
- Filing: Q2 FY2026 10-Q, filed 2026-08-06, accession number 0002007596-26-000012
- Page: https://plicit.ai/financials/twfg/fy2026-q2-income-statement
- Chart image: https://plicit.ai/charts/twfg-fy2026-q2-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2026-04-01 through 2026-06-30. View: Product and service (Schedule of Disaggregation of Revenues by Major Source). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 87,511,000 US dollars
- **Total operating expenses**: 69,924,000 US dollars
- **Operating income**: 17,587,000 US dollars
- **Other income (expense), net (calculated)**: 695,000 US dollars
- **Income before tax**: 18,282,000 US dollars
- **Income tax expense**: 1,031,000 US dollars
- **Net income**: 17,251,000 US dollars
- **Commission income**: 80,643,000 US dollars
- **Contingent income**: 2,167,000 US dollars
- **Other income**: 536,000 US dollars
- **Policy fees**: 1,698,000 US dollars
- **Branch fees**: 1,484,000 US dollars
- **License fees**: 822,000 US dollars
- **TPA fees**: 161,000 US dollars
- **Total operating expenses**: 69,924,000 US dollars

### Chart connections

- Revenue minus operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Of which attributable to TWFG, Inc.: $2.37 M; to noncontrolling interests: $14.88 M.

## Chart details: Revenue by Product and Service (2)

- Page: https://plicit.ai/financials/twfg/fy2026-q2-income-statement/revenue-by-product-and-service-2
- Chart image: https://plicit.ai/charts/twfg-fy2026-q2-revenue-by-product-and-service-2-sankey.png

Income statement for 2026-04-01 through 2026-06-30. View: Product and service (Schedule of Disaggregation of Revenues by Offerings). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 87,511,000 US dollars
- **Total operating expenses**: 69,924,000 US dollars
- **Operating income**: 17,587,000 US dollars
- **Other income (expense), net (calculated)**: 695,000 US dollars
- **Income before tax**: 18,282,000 US dollars
- **Income tax expense**: 1,031,000 US dollars
- **Net income**: 17,251,000 US dollars
- **Agency-in-a-Box**: 42,316,000 US dollars
- **Corporate Branches**: 14,198,000 US dollars
- **TWFG MGA**: 30,486,000 US dollars
- **Other**: 511,000 US dollars
- **Total operating expenses**: 69,924,000 US dollars

### Chart connections

- Revenue minus operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Of which attributable to TWFG, Inc.: $2.37 M; to noncontrolling interests: $14.88 M.

## Chart details: Revenue by Product and Service (3)

- Page: https://plicit.ai/financials/twfg/fy2026-q2-income-statement/revenue-by-product-and-service-3
- Chart image: https://plicit.ai/charts/twfg-fy2026-q2-revenue-by-product-and-service-3-sankey.png

Income statement for 2026-04-01 through 2026-06-30. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 87,511,000 US dollars
- **Total operating expenses**: 69,924,000 US dollars
- **Operating income**: 17,587,000 US dollars
- **Other income (expense), net (calculated)**: 695,000 US dollars
- **Income before tax**: 18,282,000 US dollars
- **Income tax expense**: 1,031,000 US dollars
- **Net income**: 17,251,000 US dollars
- **Commission income**: 80,643,000 US dollars
- **Contingent income**: 2,167,000 US dollars
- **Fee income**: 4,165,000 US dollars
- **Other income**: 536,000 US dollars
- **Total operating expenses**: 69,924,000 US dollars

### Chart connections

- Revenue minus operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Of which attributable to TWFG, Inc.: $2.37 M; to noncontrolling interests: $14.88 M.