FY2025 · ended Dec 31, 2025 · Revenue $5.90B, +22.8% YoY · Filed Feb 12, 2026
Brown & Brown, Inc. (BRO) files with the SEC under industry code 6411, Insurance Agents, Brokers & Service. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $5.9 billion and net income of $1.1 billion. Free cash flow was $1.4 billion. As of Sep 30, 2026 it held $1.1 billion in cash and investments and $8.1 billion in total debt.
Revenue (TTM)
$6.91B
+26.1% vs year-ago TTM
Net income (TTM)
$1.22B
+21.8% vs year-ago TTM
Operating cash flow (TTM)
$1.58B
+15.9% vs year-ago TTM
Free cash flow (TTM)
$1.49B
+14.5% vs year-ago TTM
EPS (TTM)
$3.58
+8.6% vs year-ago TTM
Dividend per share
$0.62
+14.8% vs prior year
Shares outstanding
340.42M
+19.1% vs prior year
Net cash
$-7.00B
as of Sep 30, 2026
Operating margin
—
Company profile
- Industry
- Insurance Agents, Brokers & Service (SIC 6411)
- Listed as
- BRO (NYSE)
- Fiscal year ends
- January 19
- Incorporated in
- FL
- Headquarters
- Daytona Beach, FL
- SEC filer status
- Large accelerated filer
- SEC CIK
- 79282
- Former names
- BROWN & BROWN, INC (until Nov 13, 2017); BROWN & BROWN INC (until Nov 3, 2017); POE & BROWN INC (until Mar 15, 1999)
Other Insurance Agents, Brokers & Service companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $5.9B | $4.8B | $4.3B | $3.6B | $3.1B |
| Net income | $1.1B | $993.0M | $871.0M | $672.0M | $587.1M |
| Diluted EPS | $3.16 | $3.46 | $3.05 | $2.37 | $2.07 |
| Operating cash flow | $1.4B | $1.2B | $1.0B | $881.0M | $808.8M |
| Free cash flow | $1.4B | $1.1B | $941.0M | $829.0M | $763.8M |
| Total assets | $30.0B | $17.6B | $14.9B | $14.0B | $9.8B |
| Stockholders' equity | $12.6B | $6.4B | — | — | — |
| Cash and investments | $1.1B | $685.0M | $711.0M | $662.0M | $706.1M |
| Total debt | $7.9B | $4.1B | $4.0B | $4.2B | $2.2B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Oct 26, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations
|
Oct 26, 2026 | Oct 26, 2026 |
| 8-K |
Current report
Officer or director change
|
Oct 22, 2026 | Oct 21, 2026 |
| 8-K |
Current report
Regulation FD disclosure
|
Sep 10, 2026 | Sep 9, 2026 |
| 8-K |
Current report
Officer or director change
|
Aug 10, 2026 | Aug 10, 2026 |
| 10-Q | Quarterly report | Jul 27, 2026 | Jun 30, 2026 |
All 1001 Brown & Brown, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.