Ryan Specialty Holdings financials
$37.85−0.71%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | 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 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $902.7M | $782.9M | $738.0M | $739.6M | $840.9M | $676.1M | $649.4M | $588.1M | $695.4M | $552.0M | $518.7M | $487.3M |
| Gross profit | $371.1M | $287.7M | $290.6M | $299.1M | $355.6M | $245.8M | $239.2M | $194.9M | $281.4M | $178.5M | $187.0M | $158.1M |
| Gross margin | 41.1% | 36.8% | 39.4% | 40.4% | 42.3% | 36.4% | 36.8% | 33.1% | 40.5% | 32.3% | 36.0% | 32.4% |
| Operating income | $166.4M | $82.3M | $78.4M | $95.8M | $176.7M | $86.2M | $95.2M | $64.9M | $164.4M | $72.6M | $82.2M | $55.2M |
| Net income | $42.3M | $17.6M | $8.0M | $31.1M | $52.0M | -$27.6M | $13.8M | $17.6M | $46.8M | $16.0M | $22.8M | -$5.0M |
| Net margin | 4.7% | 2.3% | 1.1% | 4.2% | 6.2% | −4.1% | 2.1% | 3.0% | 6.7% | 2.9% | 4.4% | −1.0% |
| Diluted EPS | $0.33 | $0.13 | — | $0.20 | $0.38 | $-0.22 | — | $0.09 | $0.37 | $0.13 | — | $-0.04 |
| EBITDA | $234.9M | $179.0M | $151.9M | $169.6M | $249.3M | $139.8M | $158.3M | $106.6M | $197.2M | $102.7M | $83.3M | $88.8M |
| Operating cash flow | $293.0M | -$167.4M | $263.2M | $169.7M | $353.6M | -$142.8M | $259.6M | $100.9M | $270.8M | -$116.5M | $226.9M | $105.5M |
| Free cash flow | $274.3M | -$180.7M | $246.0M | $153.2M | $333.8M | -$160.2M | $242.3M | $93.8M | $255.8M | -$124.2M | $213.1M | $94.8M |
| Diluted shares | 131.3M | 137.3M | — | 273.5M | 274.1M | 125.4M | — | 272.7M | 271.2M | 269.9M | — | 115.9M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $140.1M | $154.7M | $158.3M | $153.5M | $172.6M | $203.5M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $3.63B | $3.57B | $3.35B | $3.39B | $3.47B | $3.69B |
| Total assets | $11.97B | $11.01B | $10.56B | $9.85B | $10.63B | $9.89B |
| Total liabilities | $10.95B | $9.79B | $9.31B | $8.62B | $9.44B | $8.83B |
| Shareholders' equity | $1.02B | $1.22B | $1.25B | $1.23B | $1.18B | $1.06B |
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