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Brown & Brown reports Q2 2026 revenue up 30.4% to $1.7 billion

Second-quarter pretax income rose 23.2% to $383 million as adjusted EBITDAC reached $598 million, while six-month revenue climbed 33.0% and organic trends remained mixed.

Summary

Brown & Brown, Inc. reported second-quarter 2026 revenue of $1.7 billion, up 30.4% from a year earlier, while Organic Revenue slipped 0.7% and Organic Revenue with Contingents increased 0.7%. Income before income taxes rose 23.2% to $383 million, net income attributable to the company increased 24.7% to $288 million, diluted earnings per share was $0.84 and adjusted diluted EPS was $1.07. For the first six months of 2026, revenue rose 33.0% to $3.6 billion, pretax income increased 24.0% to $915 million and net income attributable to the company climbed 26.8% to $714 million, while diluted EPS fell 1.6% to $1.90 and adjusted diluted EPS increased 6.0% to $2.46. President and chief executive officer J. Powell Brown said the company had strong momentum heading into the second half of the year.

Terms & Concepts
  • Organic Revenue: A non-GAAP measure of core commissions and fees growth that excludes acquisitions, dispositions, foreign currency effects and litigation-related impacts.
  • Contingents: Profit-sharing contingent commissions earned from insurance carriers, which can affect reported revenue trends.
  • EBITDAC - Adjusted: A non-GAAP earnings measure that adjusts EBITDAC for items such as disposal gains or losses, acquisition and integration costs, and escrow-liability mark-to-market changes.