Ryan Specialty Holdings (RYAN) Operating Income (2020 - 2026)
Ryan Specialty Holdings (RYAN) posted quarterly Operating Income of $180.3 million for Q2 2026, down 5.62% year-over-year from $191.1 million in Q2 2025, and up 90.62% on a QoQ basis from $94.6 million in Q1 2026.
Ryan Specialty Holdings (RYAN) Operating Income (2020 - 2026) Analysis & Trends
Ryan Specialty Holdings has reported Operating Income for 7 years, with the latest figure at $180.3 million in Q2 2026.
- Operating Income for Q2 2026 came in at $180.3 million, down 5.62% year-over-year; the trailing twelve-month figure through Jun 2026 was $477.3 million (down 1.0% YoY), and the FY2025 annual result was $493.6 million, up 15.39% from the prior year.
- Operating Income grew to $180.3 million in Q2 2026, 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.
- The widest annual swing landed in 2022, when Operating Income surged 8503.29%; it then slipped 16.24% in 2025.
- A 5-year view of Operating Income shows it stood at $79.2 million in 2022, then advanced by 21.56% to $96.3 million in 2023, then rose by 13.47% to $109.3 million in 2024, then decreased by 16.24% to $91.6 million in 2025, then soared by 96.93% to $180.3 million in 2026.
- Per Business Quant data, the three most recent Operating Income figures were $180.3 million in Q2 2026, $94.6 million in Q1 2026, and $91.6 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.71 Bn | 8.14 Bn | 3.59 Bn | 811.00 Mn |
| 2 | First American Financial | 7.40 Bn | 4.28 Bn | 1.77 Bn | 183.70 Mn |
| 3 | Axis Capital Holdings | 7.28 Bn | 6.49 Bn | 819.78 Mn | -616.94 Mn |
| 4 | Enact Holdings | 6.86 Bn | 6.36 Bn | 284.04 Mn | 73.21 Mn |
| 5 | Mgic Investment | 6.46 Bn | 6.23 Bn | 284.40 Mn | 59.47 Mn |
| 6 | Essent | 6.22 Bn | 6.22 Bn | 313.73 Mn | 61.61 Mn |
| 7 | Ryan Specialty Holdings | 5.38 Bn | 5.24 Bn | - | 180.32 Mn |
| 8 | Radian | 4.96 Bn | 4.22 Bn | 380.01 Mn | 74.70 Mn |
| 9 | NMI Holdings | 3.45 Bn | 3.37 Bn | 157.40 Mn | 30.33 Mn |
| 10 | Assured Guaranty | 3.29 Bn | -503.07 Mn | 156.00 Mn | 98.00 Mn |
Historic Data
Download 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 |