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

- Company: TWFG, Inc. (TWFG)
- Period: 2026-01-01 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-ytd-q2-income-statement
- Chart image: https://plicit.ai/charts/twfg-fy2026-ytd-q2-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2026-01-01 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**: 160,352,000 US dollars
- **Total operating expenses**: 130,414,000 US dollars
- **Operating income**: 29,938,000 US dollars
- **Other income (expense), net (calculated)**: 2,556,000 US dollars
- **Income before tax**: 32,494,000 US dollars
- **Income tax expense**: 2,164,000 US dollars
- **Net income**: 30,330,000 US dollars
- **Commission income**: 147,694,000 US dollars
- **Contingent income**: 4,102,000 US dollars
- **Other income**: 1,043,000 US dollars
- **Policy fees**: 3,101,000 US dollars
- **Branch fees**: 2,805,000 US dollars
- **License fees**: 1,351,000 US dollars
- **TPA fees**: 256,000 US dollars
- **Total operating expenses**: 130,414,000 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.: $4.13 M; to noncontrolling interests: $26.20 M.

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

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

Income statement for 2026-01-01 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**: 160,352,000 US dollars
- **Total operating expenses**: 130,414,000 US dollars
- **Operating income**: 29,938,000 US dollars
- **Other income (expense), net (calculated)**: 2,556,000 US dollars
- **Income before tax**: 32,494,000 US dollars
- **Income tax expense**: 2,164,000 US dollars
- **Net income**: 30,330,000 US dollars
- **Agency-in-a-Box**: 81,324,000 US dollars
- **Corporate Branches**: 24,988,000 US dollars
- **TWFG MGA**: 53,020,000 US dollars
- **Other**: 1,020,000 US dollars
- **Total operating expenses**: 130,414,000 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.: $4.13 M; to noncontrolling interests: $26.20 M.

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

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

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

- **Total revenues**: 160,352,000 US dollars
- **Total operating expenses**: 130,414,000 US dollars
- **Operating income**: 29,938,000 US dollars
- **Other income (expense), net (calculated)**: 2,556,000 US dollars
- **Income before tax**: 32,494,000 US dollars
- **Income tax expense**: 2,164,000 US dollars
- **Net income**: 30,330,000 US dollars
- **Commission income**: 147,694,000 US dollars
- **Contingent income**: 4,102,000 US dollars
- **Fee income**: 7,513,000 US dollars
- **Other income**: 1,043,000 US dollars
- **Total operating expenses**: 130,414,000 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.: $4.13 M; to noncontrolling interests: $26.20 M.