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Goosehead Insurance vs Twfg: GSHD and TWFG compared
Goosehead Insurance is the larger company: $113M of revenue in its latest quarter (Q2 2026) against $79.9M for Twfg (Q3 2026). Twfg is growing faster (+25% against +21% a year earlier). Goosehead Insurance is more profitable, with an operating margin of 23.5% against 11.3%.
Where the money goes: GSHD and TWFG
Goosehead Insurance (GSHD) · Q2 2026
Goosehead Insurance, Q2 2026: revenue $113M (+21% year over year), operating margin 23.5%, net earnings $10.1M, operating cash flow $15.9M. The chart follows the revenue to costs, profit and cash.
Twfg (TWFG) · Q3 2026
Twfg, Q3 2026: revenue $79.9M (+25% year over year), operating margin 11.3%, net earnings $1.2M, operating cash flow $10.6M. The chart follows the revenue to costs, profit and cash.
| Goosehead Insurance (GSHD) | Twfg (TWFG) | |
|---|---|---|
| Latest quarter | Q2 2026 | Q3 2026 |
| Revenue | $113M | $79.9M |
| Revenue growth, Y/Y | +21% | +25% |
| Operating margin | 23.5% | 11.3% |
| Net earnings | $10.1M | $1.2M |
| Net margin | 8.9% | 1.5% |
| Operating cash flow | $15.9M | $10.6M |
| Free cash flow | $14.4M | $7.5M |
| Market value | $1.6B | — |
| P/E | 46.1× | — |
| Analysts’ mean target | $62.08 | — |
Where the revenue comes from
Goosehead Insurance
- Franchise revenues: $64.1M (56%)
- Commissions and agency fees: $49.3M (44%)
Twfg
- Commission income: $73.4M (92%)
- Contingent income: $2.6M (3%)
- Policy fees: $1.6M (2%)
- Branch fees: $1.4M (2%)
Questions
Which is bigger, Goosehead Insurance or Twfg?
Goosehead Insurance is the larger company: $113M of revenue in its latest quarter (Q2 2026) against $79.9M for Twfg (Q3 2026).
Is Goosehead Insurance or Twfg growing faster?
Twfg is growing faster (+25% against +21% a year earlier).
Which is more profitable, Goosehead Insurance or Twfg?
Goosehead Insurance is more profitable, with an operating margin of 23.5% against 11.3%.
More: Goosehead Insurance earnings · how Goosehead Insurance makes money · Twfg earnings · how Twfg makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Jul 23, 2026; 10-Q filed Nov 5, 2026). Fiscal quarters can end on different dates. Not investment advice.