Growth Metrics

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 🔒
DateValue
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