Brown & Brown (BRO)
Places retail insurance and distributes specialty coverage through programs and wholesale brokerage.
$62.44
After hours+0.02 (+0.03%)
At close$62.42(−2.92%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,066 | 972 | 1,237 | 1,154 | 1,186 | 1,089 | 1,385 | 1,249 | 1,606 | 1,669 | 1,901 | 1,676 |
| Cost of revenue | 532 | 554 | 631 | 585 | 607 | 583 | 683 | 640 | 793 | 270 | 907 | 838 |
| Gross profit | 534 | 419 | 606 | 569 | 579 | 506 | 702 | 609 | 813 | 1,399 | 994 | 838 |
| 219 | 212 | 215 | 228 | 221 | 269 | 250 | 272 | 391 | 970 | 461 | 271 | |
| Selling, general & administrative | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 271 |
| Other expenses | 219 | 212 | 215 | 228 | 221 | 269 | 250 | 272 | 391 | 970 | 461 | 0 |
| Operating income | 315 | 207 | 391 | 341 | 358 | 237 | 452 | 337 | 422 | 429 | 533 | 567 |
| −73 | 148 | −27 | 5 | −41 | 38 | −25 | −26 | −111 | −108 | 0 | −184 | |
| Interest income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 27 | 0 | 0 |
| Interest expense | 48 | 50 | 50 | 52 | 50 | 54 | 48 | 53 | 100 | 100 | 0 | 100 |
| Other non-operating income | 25 | −198 | −23 | −57 | −9 | −92 | −23 | −27 | 11 | 8 | 0 | 0 |
| Income before tax | 242 | 355 | 364 | 346 | 317 | 275 | 427 | 311 | 311 | 321 | 533 | 383 |
| Income tax expense | 66 | 87 | 71 | 87 | 78 | 64 | 93 | 77 | 82 | 53 | 107 | 94 |
| Net income from continuing operations | 176 | 269 | 293 | 259 | 239 | 211 | 334 | 234 | 229 | 268 | 426 | 289 |
| Net income | 176 | 269 | 293 | 257 | 234 | 210 | 331 | 231 | 227 | 264 | 426 | 288 |
| EPS, basic | $0.62 | $0.94 | $1.03 | $0.90 | $0.82 | $0.75 | $1.16 | $0.79 | $0.69 | $0.79 | $1.28 | $0.86 |
| EPS, diluted | $0.62 | $0.94 | $1.02 | $0.90 | $0.82 | $0.73 | $1.15 | $0.78 | $0.68 | $0.59 | $1.26 | $0.85 |
| Weighted average shares, basic | 280 | 280 | 281 | 282 | 282 | 283 | 283 | 292 | 331 | 333 | 333 | 333 |
| Weighted average shares, diluted | 281 | 282 | 283 | 283 | 283 | 284 | 285 | 293 | 332 | 339 | 339 | 339 |
| EBITDA | 341 | 457 | 468 | 453 | 424 | 387 | 539 | 426 | 518 | 556 | 656 | 695 |
| Depreciation & amortization | 51 | 52 | 54 | 55 | 57 | 58 | 64 | 62 | 107 | 135 | 123 | 128 |
| EBIT | 290 | 405 | 414 | 398 | 367 | 329 | 475 | 364 | 411 | 421 | 533 | 567 |