BROWN & BROWN, INC. is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: BRO (Brown & Brown) delivered strong Q1 FY2026 results with revenue surging 35.4% YoY to $1.90B, driven by what appears to be significant acquisition activity, while net income rose 28.7% to $426M and long-term debt more than doubled to $7.82B.
Drawn from management commentary in the Q1 2026 10-Q:
Total revenue grew 35.4% YoY from $1.40B to $1.90B in Q1 FY2026, a substantial acceleration that, combined with total assets jumping 77.2% to $29.70B, strongly suggests significant acquisition activity contributed to top-line growth alongside organic performance.
Net income increased 28.7% YoY to $426M, with net margin of approximately 22.4%, slightly below the implied prior-year margin of ~23.6%, indicating modest margin compression despite strong absolute profit growth.
Long-term debt more than doubled, rising 105.5% YoY from $3.81B to $7.82B, while total assets grew 77.2% to $29.70B, reflecting substantial capital deployment — likely for acquisitions — that materially changed the company's leverage profile.
Revenue
$1.9B
++35.40% YoY
EPS (Basic)
$1.27
++9.48% YoY
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