Ryan Specialty Holdings (RYAN) Operating Income (2020 - 2026)
Ryan Specialty Holdings' (RYAN) quarterly Operating Income came in at $180.3 million in Q2 2026, down 5.62% year-over-year from $191.1 million in Q2 2025, and up 90.62% quarter-over-quarter from $94.6 million in Q1 2026.
Analysis
Ryan Specialty Holdings (RYAN) Operating Income (2020 - 2026) Analysis & Trends
Ryan Specialty Holdings (RYAN) has reported Operating Income for 7 consecutive years, with $180.3 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Income fell 5.62% year-over-year to $180.3 million in Q2 2026; TTM through Jun 2026 was $477.3 million, a 1.0% decrease from a year earlier, with the FY2025 full-year figure at $493.6 million, up 15.39% from the prior year.
- Operating Income was $180.3 million for Q2 2026 at Ryan Specialty Holdings, up from $94.6 million in the prior quarter.
- Over five years, Operating Income peaked at $191.1 million in Q2 2025 and troughed at $43.4 million in Q1 2022.
- A 5-year average of $102.5 million and a median of $95.5 million in 2023 frame the typical range for Operating Income.
- Across the five-year window, Operating Income soared 8503.29% in 2022 and dropped 16.24% in 2025, its largest moves.
- Over 5 years, Operating Income stood at $79.2 million in 2022, then rose by 21.56% to $96.3 million in 2023, then grew by 13.47% to $109.3 million in 2024, then fell by 16.24% to $91.6 million in 2025, then jumped by 96.93% to $180.3 million in 2026.
- The last three Operating Income figures came in at $180.3 million (Q2 2026), $94.6 million (Q1 2026), and $91.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 88.77 Bn | 76.82 Bn | 6.04 Bn | 1.90 Bn |
| 2 | Aon | 68.55 Bn | 67.31 Bn | - | 915.00 Mn |
| 3 | Arthur J. Gallagher | 67.32 Bn | 65.96 Bn | - | - |
| 4 | Willis Towers Watson | 31.09 Bn | 29.51 Bn | 2.09 Bn | 364.00 Mn |
| 5 | Brown & Brown | 23.57 Bn | 22.68 Bn | 1.41 Bn | 112.00 Mn |
| 6 | XChange TEC.INC | 16.98 Bn | 16.98 Bn | - | - |
| 7 | Erie Indemnity | 11.68 Bn | 11.33 Bn | - | 204.12 Mn |
| 8 | Ryan Specialty Holdings | 10.71 Bn | 11.08 Bn | - | 180.32 Mn |
| 9 | Hagerty | 4.65 Bn | 4.78 Bn | 244.11 Mn | 11.00 Mn |
| 10 | Neptune Insurance Holdings | 4.58 Bn | 4.56 Bn | - | 26.55 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 180.32 Mn |
| Mar 31, 2026 | 94.60 Mn |
| Dec 31, 2025 | 91.56 Mn |
| Sep 30, 2025 | 110.79 Mn |
| Jun 30, 2025 | 191.05 Mn |
| Mar 31, 2025 | 100.24 Mn |
| Dec 31, 2024 | 109.32 Mn |
| Sep 30, 2024 | 81.48 Mn |
| Jun 30, 2024 | 164.37 Mn |
| Mar 31, 2024 | 72.65 Mn |
| Dec 31, 2023 | 96.34 Mn |
| Sep 30, 2023 | 69.82 Mn |
| Jun 30, 2023 | 122.84 Mn |
| Mar 31, 2023 | 70.09 Mn |
| Dec 31, 2022 | 79.25 Mn |
| Sep 30, 2022 | 61.34 Mn |
| Jun 30, 2022 | 105.53 Mn |
| Mar 31, 2022 | 43.39 Mn |
| Dec 31, 2021 | 55.25 Mn |
| Sep 30, 2021 | -730,000.00 |