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Brown & Brown (BRO) Operating Expenses (2016 - 2025)

Brown & Brown (BRO) has disclosed Operating Expenses for 17 consecutive years, with $18.0 million as the latest value for Q4 2025.

  • On a quarterly basis, Operating Expenses rose 63.64% to $18.0 million in Q4 2025 year-over-year; TTM through Dec 2025 was $55.0 million, a 97.89% decrease, with the full-year FY2025 number at $55.0 million, up 25.0% from a year prior.
  • Operating Expenses was $18.0 million for Q4 2025 at Brown & Brown, up from $14.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $894.0 million in Q1 2024 to a low of $11.0 million in Q4 2024.
  • A 5-year average of $537.9 million and a median of $640.3 million in 2022 define the central range for Operating Expenses.
  • Biggest YoY gain for Operating Expenses was 63.64% in 2025; the steepest drop was 98.77% in 2025.
  • Brown & Brown's Operating Expenses stood at $597.7 million in 2021, then increased by 18.3% to $707.1 million in 2022, then fell by 5.11% to $671.0 million in 2023, then tumbled by 98.36% to $11.0 million in 2024, then skyrocketed by 63.64% to $18.0 million in 2025.
  • Per Business Quant, the three most recent readings for BRO's Operating Expenses are $18.0 million (Q4 2025), $14.0 million (Q3 2025), and $12.0 million (Q2 2025).