TWFG reports 10.6% organic growth for Q2

By Navneeta Nandan

Aug 13 - (The Insurer) - Texas-based insurance broker TWFG has reported organic growth of 10.6% for the second quarter of this year, while its adjusted EBITDA margin expanded to 25.1%.

TWFG reported that its adjusted net income for the quarter increased 17.3% from the prior-year period to $11.5 million. Adjusted diluted earnings per share for the quarter were $0.20.

Total revenue for the quarter increased 13.8% to $60.3 million, compared to $53 million in the prior-year period.

Commission income increased 12.1% to $54.6 million, compared to $48.7 million in the prior-year period.

Total written premium for the quarter increased 14.4% to $450.3 million, compared to $393.6 million in the prior-year period.

Organic revenue was $54.1 million for the second quarter of 2025, compared to $48.4 million in the same period in the prior year.

TWFG said that its 10.6% organic growth rate for the second quarter of this year was driven by "robust new business production, normalized retention levels, and moderating rate increases".

For the first half of 2025, TWFG reported organic revenue growth of $103.3 million, up 14.9% from the same period last year.

Adjusted EBITDA was $15.1 million, an increase of 40.7% over the same period in the prior year. The adjusted EBITDA margin expanded to 25.1%, compared to 20.3% in the second quarter of 2024.

"Our strong second quarter performance reflects the continued execution of our strategy and strength of our business model," said TWFG chairman and CEO Gordy Bunch.

The Woodlands, Texas-based company has updated its full-year 2025 guidance to organic revenue growth rate between 11% and 14% (from 12% and 16% previously), adjusted Ebitda margin between 21% and 23% (from 20% and 22% previously), while it kept the total revenue expectations constant between $240 million and $255 million.