What is Brown & Brown's specialty distribution — goodwill?

Brown & Brown (BRO) reported specialty distribution — goodwill of $5.91B in Q1 2026.

What does specialty distribution — goodwill mean?

The value of intangible assets acquired through business purchases in the specialty distribution segment.

Brown & Brown Specialty Distribution — Goodwill decreased by 0.1% to $5.91B in Q1 2026 compared to the prior quarter.

StatementSegment

CategoryCapital Allocation

SignalContext dependent

VolatilityStable

First reportedQ1 2024

Last reportedQ2 2026

Rolls up toGoodwill

An increase reflects active M&A activity, while a decrease may signal impairment charges or write-downs of past acquisitions.

The intangible asset value representing the premium paid over the fair market value of net assets during acquisitions wi...

Standard balance sheet item for firms that grow through aggressive acquisition strategies.

Metric ID: bro_segment_specialty_distribution_goodwill

5 periods

	Q4 '23	Q4 '24	Q3 '25	Q4 '25	Q1 '26
Value	$2.47B	$2.53B	$5.08B	$5.91B	$5.91B
QoQ Change	—	+2.5%	+100.3%	+16.5%	-0.1%
YoY Change	—	+2.5%	—	+133.4%	—

Range$2.47B – $5.91B

CAGR+139.2%

Avg YoY Growth+68.0%

Median YoY Growth+68.0%

What is Brown & Brown's specialty distribution — goodwill?: Brown & Brown (BRO) reported specialty distribution — goodwill of $5.91B in Q1 2026.
What does specialty distribution — goodwill mean?: The value of intangible assets acquired through business purchases in the specialty distribution segment.