Filing Flows › Twfg (TWFG) › Q2 2026
Twfg (TWFG) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Twfg (TWFG) reported revenue of $87.5M for the second quarter 2026 (Q2 2026), +45% from a year earlier and +20% from the quarter before. Operating margin was 20.1%, net earnings $2.4M (2.7% of revenue).
Twfg, Q2 2026: revenue $87.5M (+45% year over year), operating margin 20.1%, net earnings $2.4M, operating cash flow $9.8M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $87.5M | +20% | +45% |
| Operating profit | $17.6M | +42% | +139% |
| Net earnings | $2.4M | +35% | +21% |
| Operating cash flow | $9.8M | -57% | +2% |
| Free cash flow | $3.6M | — | +27% |
What changed
Revenue was $87.5M in Q2 2026, up 45% year over year and up 20% from the previous quarter. Commission income was the largest line at 92% of revenue. Commission income added $26.1M year over year (up 48%), 96% of the total change.
Operating profit was $17.6M, a 20.1% margin (up 7.9 points year over year). Of the extra revenue versus Q2 2025, 38% reached operating profit, above the 12% margin then. Total costs grew 32% against revenue growth of 45%. Net earnings were $2.4M, up 21% year over year. The effective tax rate was 5.6%.
Operating cash flow was $9.8M (up 2% year over year), 57% of net income including minority interests. Non-cash charges added back $7.1M of depreciation and amortization and $1.2M of share-based compensation. Working capital and other items used $15.7M. After tax distribution to members, net ($5.7M) and purchase of property and equipment ($505K), adjusted free cash flow as the company reports it was $3.6M.
Questions
What was Twfg's revenue in the second quarter 2026?
Twfg (TWFG) reported revenue of $87.5M for the second quarter 2026 (Q2 2026), +45% from a year earlier and +20% from the quarter before.
Was Twfg profitable in the second quarter 2026?
Operating profit was $17.6M (20.1% of revenue) and net earnings $2.4M.
Source: Twfg 10-Q on SEC EDGAR.