Brown & Brown financials
$60.60+0.60%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '27 Jun 30 | Q1 '27 Mar 31 | Q4 '26 Dec 31 | Q3 '26 Sep 30 | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.65B | $1.88B | $1.58B | $1.55B | $1.25B | $1.39B | $1.16B | $1.16B | $1.15B | $1.24B | $1.01B | $1.05B |
| Gross profit | $1.65B | $1.88B | $1.58B | $1.55B | $1.25B | $1.39B | $1.16B | $1.16B | $1.15B | $1.24B | $1.01B | $1.05B |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating income | $417.0M | $546.0M | $340.0M | $374.0M | $337.0M | $456.0M | $308.0M | $327.0M | $372.0M | $393.0M | $248.0M | $268.0M |
| Net income | $284.0M | $421.0M | $261.0M | $225.0M | $228.0M | $327.0M | $207.0M | $231.0M | $257.0M | $289.0M | $256.0M | $176.0M |
| Net margin | 17.2% | 22.4% | 16.5% | 14.5% | 18.3% | 23.6% | 17.8% | 20.0% | 22.3% | 23.4% | 25.4% | 16.8% |
| Diluted EPS | $0.84 | $1.06 | $0.76 | $0.68 | $0.78 | $1.15 | $0.72 | $0.81 | $0.90 | $1.02 | $0.90 | $0.62 |
| EBITDA | $435.0M | $563.0M | $358.0M | $388.0M | $349.0M | $467.0M | $319.0M | $339.0M | $382.0M | $404.0M | $239.0M | $431.0M |
| Operating cash flow | $346.0M | $262.0M | $444.0M | $468.0M | $325.0M | $213.0M | $361.0M | $440.0M | $360.0M | $13.0M | $336.0M | $286.0M |
| Free cash flow | $329.0M | $241.0M | $424.0M | $452.0M | $310.0M | $196.0M | $341.0M | $417.0M | $334.0M | $0.00 | $305.0M | $273.0M |
| Diluted shares | 334.0M | 337.0M | 342.0M | 332.0M | 293.0M | 285.0M | 286.0M | 284.0M | 283.0M | 283.0M | 284.0M | 281.0M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $918.0M | $1.00B | $1.08B | $1.19B | $8.89B | $669.0M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $7.76B | $7.82B | $7.61B | $7.73B | $7.54B | $3.81B |
| Total assets | $29.89B | $29.70B | $29.99B | $29.35B | $25.64B | $16.76B |
| Total liabilities | $17.28B | $17.09B | $17.42B | $16.95B | $14.02B | $9.92B |
| Shareholders' equity | $12.61B | $12.61B | $12.57B | $12.41B | $11.62B | $6.84B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology