Discontinued — last reported Q4 '25

Other

CapEx

Brown & Brown CapEx increased by 5.0% to $21.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 23.5%, from $17.00M to $21.00M. Over 4 years (FY 2021 to FY 2025), CapEx shows an upward trend with a 10.9% CAGR.

Analysis

StatementIncome Statement
SectionOther
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2017
Last reportedQ4 2025

How to read this metric

High levels indicate aggressive growth or maintenance investment, while low levels may signal capital efficiency or underinvestment in infrastructure.

Detailed definition

Capital expenditures represent the cash outflows used to acquire, upgrade, or maintain physical assets such as property,...

Peer comparison

Commonly reported as 'Capital Expenditures' or 'Purchases of Property, Plant, and Equipment' in the investing section of the cash flow statement.

Metric ID: anet_capital_expenditures

Historical Data

21 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$11.40M$13.70M$9.50M$10.40M$10.00M$8.30M$14.10M$19.60M$12.00M$13.30M$13.80M$31.00M$13.00M$26.00M$23.00M$20.00M$17.00M$15.00M$16.00M$20.00M$21.00M
QoQ Change+20.2%-30.7%+9.5%-3.8%-17.0%+69.9%+39.0%-38.8%+10.8%+3.8%+124.6%-58.1%+100.0%-11.5%-13.0%-15.0%-11.8%+6.7%+25.0%+5.0%
YoY Change-12.3%-39.4%+48.4%+88.5%+20.0%+60.2%-2.1%+58.2%+8.3%+95.5%+66.7%-35.5%+30.8%-42.3%-30.4%+0.0%+23.5%
Range$8.30M$31.00M
CAGR+13.0%
Avg YoY Growth+19.9%
Median YoY Growth+20.0%
Current Streak3 quarters growth

Business Segments

View all
SegmentQ1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23
Retail$2.30M$1.60M$2.10M$4.70M$10.20M$4.80M$9.30M$8.90M
National Programs$2.20M$5.60M$5.30M$3.30M$6.00M$4.90M$2.60M$3.30M
Wholesale Brokerage$300.00K$400.00K$400.00K$700.00K$1.30M$400.00K$1.00M$700.00K
Services$200.00K$200.00K$300.00K$300.00K$200.00K$300.00K$400.00K$200.00K
Total$10.40M$10.00M$8.30M$14.10M$19.60M$12.00M$13.30M$13.80M

National Programs, Retail, Services, Wholesale Brokerage were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is Brown & Brown's capex?
Brown & Brown (BRO) reported capex of $21.00M in Q1 2026.
How has Brown & Brown's capex changed year-over-year?
Brown & Brown's capex increased by 23.5% year-over-year, from $17.00M to $21.00M.
What is the long-term trend for Brown & Brown's capex?
Over 4 years (2021 to 2025), Brown & Brown's capex has grown at a 10.9% compound annual growth rate (CAGR), from $45.00M to $68.00M.
What does capex mean?
Cash spent on purchasing or maintaining long-term physical assets.