TWFG raises 2026 organic growth guidance to 17%

TWFG (NASDAQ:TWFG) reported third-quarter 2026 revenue of $79.9 million, up 24.6% year over year, as commission income and insurance premiums increased.

Commission income rose 25.9% to $73.4 million, while total written premiums increased 18.5% to $554.2 million, and organic revenue growth reached 16.6%.

Net income declined to $9 million from $9.6 million, while diluted earnings per share fell to $0.09 from $0.11.

Adjusted EBITDA increased 15% to $19.5 million, but its margin decreased to 24.4% from 26.5%.

TWFG raised its 2026 organic revenue growth guidance to 15%–17% from 13%–17% and adjusted EBITDA margin guidance to 24%–27% from 23%–27%, while maintaining total revenue guidance of $300 million–$320 million.

TWFG operates an insurance distribution platform that connects independent agents and policyholders with insurance carriers through corporate branches, Agency in a Box operations and managing general agency services.

The company completed the Select Insurance Solutions branch conversion acquisition during the quarter, while its MGA channel written premiums increased 50.9% to $109.5 million and commercial lines written premiums grew 32.2% to $107.1 million.

TWFG's results also showed growth across its insurance distribution channels, including higher commercial premiums and a 50.9% increase in MGA written premiums to $109.5 million.