Brown & Brown Inc. announced its unaudited financial results for the first quarter of 2026.
For the first quarter ended March 31, the company achieved:
- Total revenues of $1.9 billion, increasing $497 million, or 35.4%, compared to the first quarter of the prior year, with flat Organic Revenue and Organic Revenue with Contingents increasing 2.2%.
- Income before income taxes of $533 million, increasing 24.8%, with Income Before Income Taxes Margin of 28.0%, compared to 30.4% in the first quarter of the prior year.
- EBITDAC – Adjusted of $731 million, increasing 36.6%, with EBITDAC Margin – Adjusted of 38.5%, compared to 38.1% in the first quarter of the prior year.
- Net income attributable to the Company of $426 million, increasing $95 million, or 28.7%, compared to the first quarter of the prior year.
- Diluted net income per share of $1.06, a decrease of 7.8%, with Diluted Net Income Per Share – Adjusted increasing to $1.39, or 7.8%, each compared to the first quarter of the prior year.
J. Powell Brown, president and CEO of the company, said, “Our teammates continue to deliver for our customers in a challenging growth environment.”
In addition, the company announced that the Board of Directors has declared a regular quarterly cash dividend of $0.165 per share. The dividend is payable on May 20, 2026, to shareholders of record on May 11, 2026.
