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Ryan Specialty Holdings (RYAN) Operating Expenses (2020 - 2025)

Ryan Specialty Holdings (RYAN) has disclosed Operating Expenses for 6 consecutive years, with $659.7 million as the latest value for Q4 2025.

  • Quarterly Operating Expenses rose 19.03% to $659.7 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $2.6 billion through Dec 2025, up 22.49% year-over-year, with the annual reading at $2.6 billion for FY2025, 22.49% up from the prior year.
  • Operating Expenses for Q4 2025 was $659.7 million at Ryan Specialty Holdings, up from $643.8 million in the prior quarter.
  • The five-year high for Operating Expenses was $664.1 million in Q2 2025, with the low at $271.6 million in Q1 2021.
  • Average Operating Expenses over 5 years is $452.3 million, with a median of $434.3 million recorded in 2023.
  • The sharpest move saw Operating Expenses soared 67.55% in 2021, then decreased 0.8% in 2022.
  • Over 5 years, Operating Expenses stood at $323.3 million in 2021, then rose by 10.05% to $355.8 million in 2022, then rose by 22.7% to $436.5 million in 2023, then increased by 26.96% to $554.2 million in 2024, then grew by 19.03% to $659.7 million in 2025.
  • According to Business Quant data, Operating Expenses over the past three periods came in at $659.7 million, $643.8 million, and $664.1 million for Q4 2025, Q3 2025, and Q2 2025 respectively.