TWFG, Inc. (TWFG) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by and welcome to the TWFG, Inc. announces second quarter 2026 results conference call. At this time, all participants are in listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during this session, you'll need to press star 11 on your telephone. If your question has been answered and you'd like to remove yourself from the queue, simply press star 11 again. As a reminder, today's program is being recorded. and now I'd like to introduce your host for today's program, Gordy Bunch, CEO. Please go ahead, sir. Thank you and good afternoon, everyone. Thank you for joining us today to discuss TWFT's second quarter 2026 results. Joining me on today's call is Janice Zwinggi, our Chief Financial Officer. After my remarks, Janice will walk through our financial performance in more detail and then we'll open up the call for questions. I am pleased to report TWFT's delivered an outstanding second quarter, reinforcing the strength and scalability of our diversified platform. Total revenues grew 45.1% to $87.5 million. Organic revenue growth rate was 37%. Adjusted EBITDA grew 75.8% to $26.6 million, with margin expansion of 530 basis points to 30.4%. Total written premium grew 26.6% to $569.9 million. These results reflect the compounding benefits of our investments in the MGA platform, carrier partnerships, technology capabilities, and talent. On the organic front, we delivered the outsized high double-digit growth we anticipated last quarter. Reported organic revenue growth rate of 37% reflected the citizens' takeout and renewal dynamics while underlying core organic growth continue to track in line with our expectations. New business generation and improving retention drove the results. Consoli...