Brown & Brown BRO Revenue Breakdown

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Annual revenue breakdowns for Brown & Brown, fiscal 2014 to 2025, as reported in its filings.
Annual history

Brown & Brown Revenue by Geography

Years FY 2020–2025
Lines 3
FY 2025 Total $5.90B

U.S was Brown & Brown’s largest region in fiscal 2025, bringing in $5.06B of $5.90B (86%).

Brown & Brown revenue by geography, fiscal 2020 to 2025
Geography FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
U.S $3.33B $3.73B $4.14B $5.06B
U.K $170.00M $433.00M $545.00M $599.00M
Other $9.00M $94.00M $120.00M $244.00M
Total $3.57B $4.26B $4.81B $5.90B
Totals include 4 discontinued lines from earlier reporting.

Brown & Brown revenue by geography: what the figures show

Brown & Brown brought in $5.90B from its three regions in fiscal 2025, the year ended December 31, 2025. That was up 22.8% from $4.81B in fiscal 2024. U.S was the largest at $5.06B (85.7%), ahead of U.K at $599.00M (10.1%) and Other at $244.00M (4.1%).

Compared with fiscal 2024, Other grew fastest, up 103.3% to $244.00M. Every region above 2% of revenue grew.

Brown & Brown stopped reporting Republic Of Ireland ($38.00M in fiscal 2022) and Canada ($23.00M in fiscal 2022) as separate regions.

Annual history

Brown & Brown Revenue by Segment

Years FY 2014–2025
Lines 2
FY 2025 Total $5.82B

Retail was Brown & Brown’s largest segment in fiscal 2025, bringing in $3.41B of $5.82B (59%).

Brown & Brown revenue by segment, fiscal 2014 to 2025
Segment FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Retail $2.16B $2.51B $2.73B $3.41B
Specialty Distribution $1.71B $2.02B $2.41B
Total $3.57B $4.22B $4.75B $5.82B
Totals include 4 discontinued lines from earlier reporting.

Brown & Brown revenue by segment: what the figures show

Brown & Brown brought in $5.82B from its two segments in fiscal 2025, the year ended December 31, 2025. That was up 22.6% from $4.75B in fiscal 2024. Retail was the largest at $3.41B (58.6%), ahead of Specialty Distribution at $2.41B (41.4%).

Compared with fiscal 2024, Retail grew 24.8% to $3.41B and Specialty Distribution grew 19.5% to $2.41B.

Brown & Brown began breaking out Specialty Distribution in fiscal 2023, when it brought in $1.71B. Brown & Brown stopped reporting Programs ($958.00M in fiscal 2022) and Wholesale Brokerage ($453.00M in fiscal 2022) as separate segments.

Questions

Brown & Brown Revenue Breakdown FAQ

How does Brown & Brown make money?

Brown & Brown (BRO) reports its revenue by geography and by segment. In fiscal 2025, U.S was its largest region, bringing in $5.06B (85.7% of the total), followed by U.K at $599.00M (10.1%).

What is Brown & Brown's largest region?

U.S was Brown & Brown's largest region in fiscal 2025, bringing in $5.06B, or 85.7% of the $5.90B total across its three regions.

What is Brown & Brown's largest segment?

Retail was Brown & Brown's largest segment in fiscal 2025, bringing in $3.41B, or 58.6% of the $5.82B total across its two segments.

Which Brown & Brown region is growing the fastest?

Among Brown & Brown's regions that make up at least 2% of revenue, Other grew fastest in fiscal 2025, up 103.3% from $120.00M to $244.00M.

Where does this revenue breakdown data come from?

Every figure comes from Brown & Brown's annual financial filings, as reported. Each line keeps the name Brown & Brown gives it, and years follow its fiscal calendar.

How far back does Brown & Brown's revenue breakdown go?

Brown & Brown's revenue by geography goes back to fiscal 2020, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.