Brown & Brown (BRO) Cost of Revenue (2009 - 2026)
Brown & Brown (BRO) reported Cost of Revenue of $289.0 million for Q1 2026, up 55.38% year-over-year from $186.0 million in Q1 2025, and up 0.7% quarter-over-quarter from $287.0 million in Q4 2025.
Brown & Brown (BRO) Cost of Revenue (2009 - 2026) Analysis & Trends
Brown & Brown (BRO) has 18 years of Cost of Revenue data on file, last reported at $289.0 million in Q1 2026.
- Cost of Revenue for Q1 2026 came in at $289.0 million, up 55.38% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.1 billion (up 44.63% YoY), and the FY2025 annual result was $959.0 million, up 35.07% from the prior year.
- Cost of Revenue rose to $289.0 million in Q1 2026 per BRO's latest filing, from $287.0 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $289.0 million in Q1 2026 and troughed at $126.8 million in Q1 2022.
- A 5-year average of $188.6 million and a median of $168.0 million in 2023 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2022 and 2024: Cost of Revenue surged 67.75% in 2022, then retreated 1.79% in 2024.
- A 5-year view of Cost of Revenue shows it stood at $146.4 million in 2022, then rose by 9.29% to $160.0 million in 2023, then jumped by 31.87% to $211.0 million in 2024, then soared by 36.02% to $287.0 million in 2025, then gained by 0.7% to $289.0 million in 2026.
- Business Quant data shows BRO's Cost of Revenue at $289.0 million in Q1 2026, $287.0 million in Q4 2025, and $276.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 79.42 Bn | 67.92 Bn | 5.88 Bn | 1.71 Bn |
| 2 | Aon | 69.98 Bn | 68.59 Bn | - | - |
| 3 | Arthur J. Gallagher | 55.55 Bn | 54.17 Bn | - | - |
| 4 | Willis Towers Watson | 24.71 Bn | 22.93 Bn | 1.98 Bn | 385.00 Mn |
| 5 | Brown & Brown | 19.80 Bn | 18.82 Bn | 1.61 Bn | 289.00 Mn |
| 6 | XChange TEC.INC | 6.75 Bn | 6.75 Bn | - | - |
| 7 | Neptune Insurance Holdings | 4.00 Bn | 3.99 Bn | - | - |
| 8 | Corvel | 2.98 Bn | 2.64 Bn | 54.92 Mn | 180.71 Mn |
| 9 | Accelerant Holdings | 2.93 Bn | 1.42 Bn | 48.00 Mn | 81.80 Mn |
| 10 | Baldwin Insurance | 1.62 Bn | 2.07 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 289.00 Mn |
| Mar 31, 2026 | 289.00 Mn |
| Dec 31, 2025 | 287.00 Mn |
| Dec 31, 2025 | 287.00 Mn |
| Sep 30, 2025 | 276.00 Mn |
| Sep 30, 2025 | 276.00 Mn |
| Jun 30, 2025 | 211.00 Mn |
| Jun 30, 2025 | 211.00 Mn |
| Mar 31, 2025 | 186.00 Mn |
| Mar 31, 2025 | 186.00 Mn |
| Dec 31, 2024 | 211.00 Mn |
| Dec 31, 2024 | 211.00 Mn |
| Sep 30, 2024 | 165.00 Mn |
| Sep 30, 2024 | 165.00 Mn |
| Jun 30, 2024 | 173.00 Mn |
| Jun 30, 2024 | 173.00 Mn |
| Mar 31, 2024 | 161.00 Mn |
| Mar 31, 2024 | 161.00 Mn |
| Dec 31, 2023 | 160.00 Mn |
| Dec 31, 2023 | 160.00 Mn |