TWFG Delivers Outsize Growth in Q2 2026: Strong Organic Expansion, MGA Channel Thrives
Twice-Weekly Financial Group (TWFG) Inc., a leading diversified platform for insurance and financial services, has reported an outstanding second quarter 2026, with total revenues growing 45.1% to $87.5 million, outperforming expectations.
The company's Chief Executive Officer, Gordy Bunch, welcomed participants on the conference call and highlighted TWFG's ability to deliver strong double-digit organic growth, execute accretive M&A, invest in technology, and deploy capital with discipline. 'I am pleased to report that TWFG has delivered an outstanding second quarter, reinforcing the strength and scalability of our diversified platform,' Bunch said.
Janice Zwinggi, Chief Financial Officer, provided further details on the financial performance, noting a reported organic revenue growth rate of 37%, driven by new business generation and improving retentions. Total written premium grew 26.6% to $569.9 million, with consolidated written premium retention reaching 93%, up from 89% in the prior year quarter.
The MGA channel continued to thrive, with commission income increasing 290% quarter-over-quarter and representing 35% of total revenues, up from 15% in the prior year quarter. This growth contributed significantly to TWFG's adjusted EBITDA margin expansion of 530 basis points to 30.4%. 'The MGA platform carries a structurally higher margin profile than insurance services,' Zwinggi explained.
TWFG's results reflect the compounding benefits of its investments in technology capabilities, talent, and strategic partnerships. The company continues to execute across four core priorities: delivering strong double-digit organic growth, executing accretive M&A, investing in platform improvements for agents, and deploying capital with discipline across all opportunities.
The company has made meaningful progress on the acquisition front, completing the acquisition of Fortress Insurance Services on May 1st. Integration is progressing well, and the team is culturally aligned with TWFG. The $50 million share repurchase program authorized in February has been essentially completed, with approximately $42.9 million repurchased at an average price of $19 per share.
On technology, TWFG continues to invest in AI-enabled capabilities that make its agents more productive and efficient. With a strong balance sheet and flexibility to invest in growth, pursue accretive M&A, and return capital to shareholders, TWFG remains well-positioned for continued success.
