BR
BRO
Quarter ended Sep 30, 2025 · FY2025 Q3

Brown & Brown (BRO) Revenue — Quarter Ended Sep 30, 2025

Revenue for the quarter rose sharply, driven by growth across core commissions and fees as well as profit-sharing contingent commissions. The increase was the largest in the trailing four quarters.

Key takeaway

Quarter ended Sep 30, 2025 · FY2025 Q3

Revenue for the quarter rose sharply, driven by growth across core commissions and fees as well as profit-sharing contingent commissions. The increase was the largest in the trailing four quarters.

Financial snapshot

Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.

Quarter revenue

$1.6B

Revenue reported for this quarter.

Quarter-over-quarter

+25.0%

Change from the immediately preceding quarter.

Year-over-year

+35.4%

Change from the comparable year-ago quarter.

Trailing four quarters

$5.5B

Sum of the latest four reported quarters.

Quarterly revenue trend

The latest four reported quarters with year-over-year comparisons.

Period endedRevenueYear-over-year change
Dec 31, 2024$1.2B+15.3%
Mar 31, 2025$1.4B+11.6%
Jun 30, 2025$1.3B+9.1%
Sep 30, 2025$1.6B+35.4%

Revenue performance

Total revenues increased compared with the prior quarter, continuing an upward trend seen over recent periods.

Quarterly comparison

Revenue was higher than both the immediately preceding quarter and the same quarter one year earlier, with the year-over-year gain notably outpacing prior sequential changes.

What to watch

Monitor the sustainability of profit-sharing contingent commissions, as they contributed materially to the year-over-year revenue increase.