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% on a QoQ basis from $287.0 million in Q4 2025.
Brown & Brown (BRO) has 18 years of Cost of Revenue data on file, last reported at $289.0 million in Q1 2026.
- Quarterly Cost of Revenue rose 55.38% year-over-year to $289.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.1 billion (up 44.63% YoY) and the FY2025 annual result came in at $959.0 million, up 35.07% from the prior year.
- Cost of Revenue grew to $289.0 million in Q1 2026 per BRO's latest filing, from $287.0 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $289.0 million in Q1 2026 and bottomed at $126.8 million in Q1 2022.
- The 5-year median for Cost of Revenue is $168.0 million (2023), against an average of $188.6 million.
- The widest annual swing landed in 2022, when Cost of Revenue soared 67.75%; it then declined 1.79% in 2024.
- Tracing BRO's Cost of Revenue over 5 years: stood at $146.4 million in 2022, then grew by 9.29% to $160.0 million in 2023, then surged by 31.87% to $211.0 million in 2024, then jumped by 36.02% to $287.0 million in 2025, then increased by 0.7% to $289.0 million in 2026.
- Per Business Quant, the three latest BRO Cost of Revenue figures stand at $289.0 million (Q1 2026), $287.0 million (Q4 2025), and $276.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Aon | 69.60 Bn | 68.21 Bn | - | - |
| 2 | Arthur J. Gallagher | 52.64 Bn | 51.26 Bn | - | - |
| 3 | Willis Towers Watson | 24.45 Bn | 22.68 Bn | 1.98 Bn | 385.00 Mn |
| 4 | Brown & Brown | 19.37 Bn | 18.39 Bn | 1.61 Bn | 289.00 Mn |
| 5 | XChange TEC.INC | 6.95 Bn | 6.95 Bn | - | - |
| 6 | Accelerant Holdings | 3.83 Bn | 2.32 Bn | 48.00 Mn | 81.80 Mn |
| 7 | Corvel | 3.22 Bn | 2.87 Bn | 54.92 Mn | 180.71 Mn |
| 8 | Baldwin Insurance | 1.84 Bn | 2.28 Bn | - | - |
| 9 | Goosehead Insurance | 1.01 Bn | 899.53 Mn | - | - |
| 10 | Twfg | 279.02 Mn | 351.22 Mn | - | - |
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 |
| Sep 30, 2023 | 168.00 Mn |
| Sep 30, 2023 | 168.00 Mn |
| Jun 30, 2023 | 162.00 Mn |
| Jun 30, 2023 | 162.00 Mn |
| Mar 31, 2023 | 161.00 Mn |
| Mar 31, 2023 | 161.00 Mn |
| Dec 31, 2022 | 146.40 Mn |
| Dec 31, 2022 | 146.40 Mn |
| Sep 30, 2022 | 169.60 Mn |
| Sep 30, 2022 | 169.60 Mn |
| Jun 30, 2022 | 154.00 Mn |
| Jun 30, 2022 | 154.00 Mn |
| Mar 31, 2022 | 126.80 Mn |
| Mar 31, 2022 | 126.80 Mn |
| Dec 31, 2021 | 111.30 Mn |
| Dec 31, 2021 | 111.30 Mn |
| Sep 30, 2021 | 101.10 Mn |
| Sep 30, 2021 | 101.10 Mn |
| Jun 30, 2021 | 96.30 Mn |
| Jun 30, 2021 | 96.30 Mn |
| Mar 31, 2021 | 94.40 Mn |
| Mar 31, 2021 | 94.40 Mn |
| Dec 31, 2020 | 91.90 Mn |
| Dec 31, 2020 | 91.90 Mn |
| Sep 30, 2020 | 91.40 Mn |
| Sep 30, 2020 | 91.40 Mn |
| Jun 30, 2020 | 75.57 Mn |
| Jun 30, 2020 | 75.57 Mn |
| Mar 31, 2020 | 107.13 Mn |
| Mar 31, 2020 | 107.13 Mn |
| Dec 31, 2019 | 93.85 Mn |
| Dec 31, 2019 | 93.85 Mn |
| Sep 30, 2019 | 96.41 Mn |
| Sep 30, 2019 | 96.41 Mn |
| Jun 30, 2019 | 98.05 Mn |
| Jun 30, 2019 | 98.05 Mn |
| Mar 31, 2019 | 88.78 Mn |
| Mar 31, 2019 | 88.78 Mn |
| Dec 31, 2018 | 88.41 Mn |
| Dec 31, 2018 | 88.41 Mn |
| Sep 30, 2018 | 83.70 Mn |
| Sep 30, 2018 | 83.70 Mn |
| Jun 30, 2018 | 83.69 Mn |
| Jun 30, 2018 | 83.69 Mn |
| Mar 31, 2018 | 76.31 Mn |
| Mar 31, 2018 | 76.31 Mn |
| Dec 31, 2017 | 73.18 Mn |
| Dec 31, 2017 | 73.18 Mn |
| Sep 30, 2017 | 72.06 Mn |
| Sep 30, 2017 | 72.06 Mn |
| Jun 30, 2017 | 71.31 Mn |
| Jun 30, 2017 | 71.31 Mn |
| Mar 31, 2017 | 66.92 Mn |
| Mar 31, 2017 | 66.92 Mn |
| Dec 31, 2016 | 65.54 Mn |
| Dec 31, 2016 | 65.54 Mn |
| Sep 30, 2016 | 67.43 Mn |
| Sep 30, 2016 | 67.43 Mn |
| Jun 30, 2016 | 66.29 Mn |
| Jun 30, 2016 | 66.29 Mn |
| Mar 31, 2016 | 63.61 Mn |
| Mar 31, 2016 | 63.61 Mn |
| Dec 31, 2015 | 59.46 Mn |
| Dec 31, 2015 | 59.46 Mn |
| Sep 30, 2015 | 66.12 Mn |
| Sep 30, 2015 | 66.12 Mn |
| Jun 30, 2015 | 64.38 Mn |
| Jun 30, 2015 | 64.38 Mn |
| Mar 31, 2015 | 61.09 Mn |
| Mar 31, 2015 | 61.09 Mn |
| Dec 31, 2014 | 57.41 Mn |
| Dec 31, 2014 | 57.41 Mn |
| Sep 30, 2014 | 64.92 Mn |
| Sep 30, 2014 | 64.92 Mn |
| Jun 30, 2014 | 60.55 Mn |
| Jun 30, 2014 | 60.55 Mn |
| Mar 31, 2014 | 52.46 Mn |
| Mar 31, 2014 | 52.46 Mn |
| Dec 31, 2013 | 51.84 Mn |
| Dec 31, 2013 | 51.84 Mn |
| Sep 30, 2013 | 50.10 Mn |
| Sep 30, 2013 | 50.10 Mn |
| Jun 30, 2013 | 47.40 Mn |
| Jun 30, 2013 | 47.40 Mn |
| Mar 31, 2013 | 46.34 Mn |
| Mar 31, 2013 | 46.34 Mn |
| Dec 31, 2012 | 45.00 Mn |
| Dec 31, 2012 | 45.00 Mn |
| Sep 30, 2012 | 43.77 Mn |
| Sep 30, 2012 | 43.77 Mn |
| Jun 30, 2012 | 42.22 Mn |
| Jun 30, 2012 | 42.22 Mn |
| Mar 31, 2012 | 43.40 Mn |
| Mar 31, 2012 | 43.40 Mn |
| Dec 31, 2011 | 34.59 Mn |
| Dec 31, 2011 | 34.59 Mn |
| Sep 30, 2011 | 38.43 Mn |
| Sep 30, 2011 | 38.43 Mn |
| Jun 30, 2011 | 34.98 Mn |
| Jun 30, 2011 | 34.98 Mn |
| Mar 31, 2011 | 36.08 Mn |
| Mar 31, 2011 | 36.08 Mn |
| Dec 31, 2010 | 34.60 Mn |
| Dec 31, 2010 | 34.60 Mn |
| Sep 30, 2010 | 31.30 Mn |
| Sep 30, 2010 | 31.30 Mn |
| Jun 30, 2010 | 33.62 Mn |
| Jun 30, 2010 | 33.62 Mn |
| Mar 31, 2010 | 36.33 Mn |
| Mar 31, 2010 | 36.33 Mn |
| Dec 31, 2009 | 36.38 Mn |
| Dec 31, 2009 | 36.38 Mn |
| Sep 30, 2009 | 35.52 Mn |
| Sep 30, 2009 | 35.52 Mn |
| Jun 30, 2009 | 35.62 Mn |
| Jun 30, 2009 | 35.62 Mn |