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Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Net commissions and fees by Product
Binding Authority$110M+7.9%$84.05M+12.6%$89.64M+17.2%$94.52M+17.2%$101.95M+15.0%
Underwriting Management$295.11M+38.3%$268.31M+34.2%$273.13M+65.6%$269.17M+73.1%$213.39M+69.6%
Wholesale Brokerage$377.8M+4.7%$385.69M+2.9%$376.79M+8.7%$477.17M+7.4%$360.79M+11.5%
Total Revenue by Geography
Foreign$52.63M+28.2%$54.96M+11.9%$37.18M+29.0%$53.68M+73.7%$41.07M+176%
United States$742.6M+14.4%$696.25M+13.3%$717.4M+24.6%$801.49M+20.6%$649.1M+20.8%

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Questions, answered.

How does Ryan Specialty Holdings break its business down?
Ryan Specialty Holdings (RYAN) reports net commissions and fees by product across 3 parts — Binding Authority, Underwriting Management and Wholesale Brokerage. Each is extracted from the segment footnotes and tracked over time.
Where does Ryan Specialty Holdings's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Ryan Specialty Holdings'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.