In its unaudited results for the first quarter of 2026, insurance brokerage and risk management services company Brown & Brown, Inc. reported total revenue of $1.9 billion, an increase of $497 million, or 35.4%, from $1.4 billion in the first quarter of 2025.
The brokerage reported earnings before income taxes of $533 million for the quarter, up 24.8% from $427 million in the first quarter of 2025.
Meanwhile, pre-income tax margin was 28% in the quarter compared to 30.4% in 1Q25.
The brokerage’s organic revenue remained flat, while organic revenue from the attached contingent grew 2.2%.
Brown & Brown reported a net profit of $426 million in the first quarter of 2026, an increase of $95 million, or 28.7%, compared to $331 million in the first quarter of 2025.
Meanwhile, adjusted EBITDAC in the first quarter of 2026 was $731 million, an increase of 36.6% from $535 million in the first quarter of 2025, and adjusted EBITDAC margin was 38.5%, compared with 38.1% in the same period last year.
Today, the brokerage’s board of directors declared a regular quarterly cash dividend of $0.165 per share, payable on May 20, 2026 to shareholders of record on May 11, 2026.
“Our team members continue to serve our clients in a challenging growth environment,” commented J. Powell Brown, Brown & Brown President and Chief Executive Officer.