Brown & Brown BRO Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Retail | $1.21B+33.4% | $919M+44.5% | $883M+37.8% | $697M+7.9% | $907M+12.5% | |
| Specialty Distribution | $682M+40.0% | $678M+27.0% | $681M+30.0% | $563M— | $487M— | |
| Other Income by Business | ||||||
| Retail | $1M— | $1M— | $1M— | $0-100% | $0-100% | |
| Specialty Distribution | $0-100% | $2M— | $0— | $1M— | $1M— | |
| Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest by Business | ||||||
| Retail | $317M+11.6% | $132M+15.8% | $164M+36.7% | $127M-1.6% | $284M+19.3% | |
| Specialty Distribution | $221M+33.1% | $211M+8.8% | $255M+21.4% | $233M— | $166M— | |
| Investment Income Nonoperating by Business | ||||||
| Retail | $5M+150% | $8M+167% | $5M+150% | $3M+200% | $2M+100% | |
| Specialty Distribution | $5M0.0% | $6M-25.0% | $8M0.0% | $7M— | $5M— | |
| Other Cost And Expense Operating by Business | ||||||
| Retail | $178M+45.9% | $168M+46.1% | $153M+43.0% | $120M+9.1% | $122M+6.1% | |
| Specialty Distribution | $137M+50.5% | $137M+24.5% | $132M+38.9% | $98M— | $91M— | |
| Interest Expense Nonoperating by Business | ||||||
| Retail | $8M-46.7% | $9M-40.0% | -$11M-161% | $15M-21.1% | $15M-21.1% | |
| Specialty Distribution | $8M-11.1% | $11M+22.2% | $9M-10.0% | $9M— | $9M— | |
| Gain Loss On Disposition Of Assets1 by Business | ||||||
| Retail | $1M+150% | -$1M-200% | $0-100% | $0-100% | -$2M-100% | |
| Specialty Distribution | $0— | $0— | $0— | $0— | $0— | |
| Employee Compensation And Benefits by Business | ||||||
| Retail | $614M+37.4% | $522M+51.7% | $493M+35.4% | $385M+8.5% | $447M+11.8% | |
| Specialty Distribution | $273M+37.2% | $266M+31.7% | $252M+30.6% | $202M— | $199M— | |
| Depreciation And Amortization by Business | ||||||
| Retail | $83M+93.0% | $92M+136% | $74M+111% | $41M+20.6% | $43M+26.5% | |
| Specialty Distribution | $49M+145% | $41M+128% | $32M+52.4% | $19M— | $20M— | |
| Goodwill Acquired by Business | ||||||
| Retail | $23M+667% | —— | $4.19B+16,640% | $18M-50.0% | $3M-94.8% | |
| Specialty Distribution | $4M— | $829M+12,181% | —— | —— | —— | |
| Goodwill by Business | ||||||
| Retail | $9.17B+66.4% | $9.17B+68.7% | $9.82B+95.1% | $5.67B+14.3% | $5.51B+12.1% | |
| Specialty Distribution | $5.91B— | $5.91B+133% | $5.08B— | —— | —— | |
| Goodwill Foreign Currency Translation Gain Loss by Business | ||||||
| Retail | -$43M-158% | $5M+104% | —— | $144M— | $74M+511% | |
| Specialty Distribution | -$11M— | $9M+460% | —— | —— | —— | |
| Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1 by Business | ||||||
| Retail | $11M+283% | —— | $10M+600% | $9M+800% | -$6M-500% | |
| Specialty Distribution | -$6M-400% | $12M— | $1M+120% | $2M— | $2M— | |
| Goodwill Purchase Accounting Adjustments by Business | ||||||
| Retail | $13M+1,400% | —— | —— | -$4M-300% | -$1M-125% | |
| Specialty Distribution | $3M+1,100% | $250K-97.8% | $250K-97.8% | $250K-97.8% | $250K-97.8% | |
| Revenue by Product | ||||||
| Core Commission Revenue | $1.27B+32.4% | $1.03B+32.7% | $1.07B+30.5% | $878M+6.9% | $958M+10.9% | |
| Earned Premium | $22M+15.8% | $26M+4.0% | $22M-4.3% | $17M-5.6% | $19M+90.0% | |
| Fee Revenue | $380M+43.4% | $400M+44.9% | $346M+37.8% | $268M+11.7% | $265M+16.7% | |
| Other Supplemental Commissions Revenue | $113M+13.0% | $29M+11.5% | $36M+12.5% | $41M+5.1% | $100M+11.1% | |
| Profit Sharing Contingent Commission Revenue | $97M+126% | $94M+67.9% | $73M+170% | $45M+25.0% | $43M-6.5% | |
| Revenue by Geography | ||||||
| GB | $155M+10.7% | $147M+7.3% | $148M+11.3% | $164M+13.9% | $140M+6.9% | |
| Other Country | $109M+21.1% | $58M+38.1% | $48M+118% | $48M+71.4% | $90M+221% | |
| Other International Countries | $264M+14.8% | $205M+14.5% | $196M+26.5% | $212M— | $230M— | |
| US | $1.64B+39.4% | $1.4B+39.6% | $1.41B+36.8% | $1.07B+6.7% | $1.17B+6.8% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Brown & Brown break its business down?
- Brown & Brown (BRO) reports revenue by business across 2 parts — Retail and Specialty Distribution. Each is extracted from the segment footnotes and tracked over time.
- Where does Brown & Brown's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Brown & Brown's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
