Brown & Brown (BRO) Cost of Revenue (2009 - 2026)
Brown & Brown (BRO) posted quarterly Cost of Revenue of $271.0 million for Q2 2026, up 28.44% year-over-year from $211.0 million in Q2 2025, and down 6.23% quarter-over-quarter from $289.0 million in Q1 2026.
Brown & Brown (BRO) Cost of Revenue (2009 - 2026) Analysis & Trends
Brown & Brown (BRO) has reported Cost of Revenue for 18 consecutive years, with $271.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Cost of Revenue rose 28.44% year-over-year to $271.0 million; the TTM figure through Jun 2026 stood at $1.1 billion (up 45.28% YoY), while the FY2025 annual figure was $959.0 million, up 35.07% from the prior year.
- Cost of Revenue eased to $271.0 million in Q2 2026 per BRO's latest filing, from $289.0 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.
- Historically, Cost of Revenue has averaged $193.2 million across 5 years, with a median of $168.8 million in 2022.
- Annual changes were most pronounced in 2022 — Cost of Revenue surged 67.75% — and 2024, when it retreated 1.79%.
- Brown & Brown's Cost of Revenue stood at $146.4 million in 2022, then gained 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 decreased by 5.57% to $271.0 million in 2026.
- Business Quant data shows BRO's Cost of Revenue at $271.0 million in Q2 2026, $289.0 million in Q1 2026, and $287.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | XChange TEC.INC | 265.99 Bn | 265.99 Bn | - | - |
| 2 | Marsh & Mclennan Companies | 92.14 Bn | 79.94 Bn | 6.04 Bn | 1.36 Bn |
| 3 | Aon | 75.64 Bn | 74.37 Bn | - | - |
| 4 | Arthur J. Gallagher | 67.55 Bn | 66.16 Bn | - | - |
| 5 | Willis Towers Watson | 32.13 Bn | 30.47 Bn | 2.09 Bn | 380.00 Mn |
| 6 | Brown & Brown | 23.98 Bn | 23.06 Bn | 1.41 Bn | 271.00 Mn |
| 7 | Erie Indemnity | 12.29 Bn | 11.94 Bn | - | - |
| 8 | Neptune Insurance Holdings | 4.61 Bn | 4.59 Bn | - | - |
| 9 | Accelerant Holdings | 4.28 Bn | 2.62 Bn | 285.20 Mn | 71.70 Mn |
| 10 | Corvel | 3.60 Bn | 3.25 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 271.00 Mn |
| Jun 30, 2026 | 271.00 Mn |
| 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 |