Baldwin Insurance shares outstanding BWIN
Diluted shares outstanding, averaged over each quarter, from 2020.
- Latest quarter, to Jun 30, 2026
- 92.8M
- On a year earlier
- +36.4%
- more shares
Baldwin Insurance had 92.8M diluted shares outstanding on average in Q2 FY26, the quarter to Jun 30, 2026.
That is 36.4% more than a year earlier, so each share owns a little less of the company.
Shares outstanding over time
Fiscal year by fiscal year
| Fiscal year | Shares, fourth quarter | Change |
|---|---|---|
| FY2025 | 69M | +7% |
| FY2024 | 64.8M | +6% |
| FY2023 | 61.2M | +5% |
| FY2022 | 58M | +6% |
| FY2021 | 54.9M | +54% |
| FY2020 | 35.5M | n/a |
Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.
Quarter by quarter
| Quarter | Ended | Shares outstanding | On a year earlier |
|---|---|---|---|
| Q2 FY26 | 92.8M | +36% | |
| Q1 FY26 | 96.8M | +40% | |
| Q4 FY25 | 69M | +7% | |
| Q3 FY25 | 68.6M | +7% | |
| Q2 FY25 | 68M | +8% | |
| Q1 FY25 | 69.3M | +6% | |
| Q4 FY24 | 64.8M | +6% | |
| Q3 FY24 | 64M | +6% | |
| Q2 FY24 | 63.1M | +5% | |
| Q1 FY24 | 65.3M | +11% | |
| Q4 FY23 | 61.2M | +5% | |
| Q3 FY23 | 60.5M | +6% |
What the shares outstanding tells you
Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.
A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.
More on Baldwin Insurance
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.