Brown & Brown (BRO) Cost of Revenue (2009 - 2026)

Brown & Brown's (BRO) quarterly Cost of Revenue came in at $289.0 million in Q1 2026, up 55.38% year-on-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) 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.

  • On a quarterly basis, Cost of Revenue rose 55.38% year-over-year to $289.0 million in Q1 2026; TTM through Mar 2026 was $1.1 billion, a 44.63% increase from a year earlier, with the FY2025 full-year figure at $959.0 million, up 35.07% from the prior year.
  • Cost of Revenue for Q1 2026 stood at $289.0 million, up from $287.0 million in the prior quarter.
  • Over the last five years, Cost of Revenue for BRO reached as high as $289.0 million in Q1 2026 and fell as low as $126.8 million in Q1 2022.
  • Historically, Cost of Revenue has averaged $188.6 million across 5 years, with a median of $168.0 million in 2023.
  • Across the five-year window, Cost of Revenue soared 67.75% in 2022 and declined 1.79% in 2024, its largest moves.
  • Year by year, Cost of Revenue stood at $146.4 million in 2022, then climbed 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 grew by 0.7% to $289.0 million in 2026.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $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 XChange TEC.INC 120,003.58 Bn 120,003.57 Bn - -
2 Marsh & Mclennan Companies 87.96 Bn 75.75 Bn 6.04 Bn 1.36 Bn
3 Aon 78.60 Bn 77.19 Bn - -
4 Arthur J. Gallagher 65.15 Bn 63.73 Bn - -
5 Willis Towers Watson 28.74 Bn 26.89 Bn 1.98 Bn 385.00 Mn
6 Brown & Brown 23.32 Bn 22.32 Bn 1.61 Bn 289.00 Mn
7 Neptune Insurance Holdings 4.24 Bn 4.23 Bn 26.44 Mn 11.35 Mn
8 Accelerant Holdings 3.26 Bn 1.72 Bn 48.00 Mn 81.80 Mn
9 Corvel 3.10 Bn 2.76 Bn 54.92 Mn 180.71 Mn
10 Baldwin Insurance 2.55 Bn 2.40 Bn - -

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