Brown & Brown is a U.S. insurance brokerage and intermediary that places property, casualty, and employee-benefits coverage for businesses and individuals. It grows both organically and through frequent acquisitions of local and regional agencies. The firm emphasizes middle-market commercial clients alongside personal lines and specialty niches. Its model is fee- and commission-based distribution rather than underwriting insurance risk on its own balance sheet.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q1 2025 | 1,385 | — | 327 | 0.5% |
| Q2 2025 | 1,249 | — | 228 | -14.1% |
| Q3 2025 | 1,550 | — | 225 | -13.3% |
| Q4 2025 | 1,580 | — | 261 | 6.1% |
| Q1 2026 | 1,880 | 35.7% | 421 | 28.8% |
| Q2 2026 | 1,654 | 32.4% | 284 | 24.6% |
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