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
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