Brown & Brown income statement
In fiscal 2026, Brown & Brown reported revenue of $5.90bn, up 22.8% on the year before and net income of $1.05bn, or $3.16 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Dec 2009 | 2011Dec 2010 | 2012Dec 2011 | 2013Dec 2012 | 2014Dec 2013 | 2015Dec 2014 | 2016Dec 2015 | 2017Dec 2016 | 2018Dec 2017 | 2019Dec 2018 | 2020Dec 2019 | 2021Dec 2020 | 2022Dec 2021 | 2023Dec 2022 | 2024Dec 2023 | 2025Dec 2024 | 2026Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 968 | 973 | 1,014 | 1,200 | 1,363 | 1,576 | 1,661 | 1,767 | 1,881 | 2,014 | 2,392 | 2,613 | 3,051 | 3,573 | 4,257 | 4,805 | 5,902 | 6,909 |
| Interest expense | 15 | 14 | 14 | 16 | 16 | 28 | 39 | 39 | 38 | 41 | 64 | 59 | 65 | 141 | 190 | 193 | 297 | 399 |
| Income before tax | 255 | 266 | 271 | 305 | 358 | 340 | 403 | 423 | 450 | 462 | 526 | 624 | 763 | 876 | 1,146 | 1,303 | 1,371 | 1,557 |
| Income tax | 101 | 104 | 107 | 121 | 140 | 133 | 159 | 166 | 50 | 118 | 127 | 144 | 176 | 204 | 275 | 301 | 304 | 332 |
| Net income | 153 | 162 | 164 | 184 | 217 | 207 | 243 | 257 | 400 | 344 | 399 | 481 | 587 | 672 | 871 | 993 | 1,054 | 1,218 |
| Diluted EPS | $0.54 | $0.56 | $0.56 | $0.63 | $0.74 | $0.70 | $0.85 | $0.91 | $1.40 | $1.22 | $1.40 | $1.69 | $2.07 | $2.37 | $3.05 | $3.46 | $3.16 | $3.63 |
| Diluted shares (average) | 275m | 279m | 281m | 284m | 285m | 286m | 280m | 276m | 278m | 276m | 275m | 276m | 277m | 279m | 281m | 284m | 313m | 336m |
| Quarter | 2025 Q4Dec 2024 | 2026 Q1Mar 2025 | 2026 Q2Jun 2025 | 2026 Q3Sept 2025 | 2026 Q4Dec 2025 | 2027 Q1Mar 2026 | 2027 Q2Jun 2026 | 2027 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,183 | 1,404 | 1,285 | 1,606 | 1,607 | 1,901 | 1,676 | 1,725 |
| Interest expense | 46 | 46 | 51 | 100 | 100 | 99 | 100 | 100 |
| Income before tax | 275 | 427 | 311 | 311 | 321 | 533 | 383 | 320 |
| Income tax | 64 | 93 | 77 | 82 | 53 | 106 | 94 | 79 |
| Net income | 210 | 331 | 231 | 227 | 264 | 426 | 288 | 240 |
| Diluted EPS | $0.73 | $1.15 | $0.78 | $0.68 | $0.59 | $1.06 | $0.84 | $0.67 |
Compare with peers
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