Brown & Brown Q3 revenue rises 35.4% to $1.6 billion; GAAP EPS falls to $0.68
Brown & Brown reported unaudited third-quarter 2025 results on October 27, 2025. Revenue rose 35.4% to $1.6 billion, but GAAP diluted earnings per share fell 16.0% to $0.68 and net income attributable to the company fell 3.0% to $227 million, while adjusted diluted EPS rose 15.4% to $1.05. The filing attributes the revenue jump largely to acquisitions, with Organic Revenue growing only 3.5%.
Key points
- Total revenues were $1.6 billion, up $420 million or 35.4% from the third quarter of 2024; Organic Revenue grew 3.5%.
- Diluted net income per share was $0.68, down from $0.81; Diluted Net Income Per Share - Adjusted was $1.05, up from $0.91.
- Income before income taxes was $311 million, down 1.9%, and the income before income taxes margin fell to 19.4% from 26.7%.
- Acquisition/integration costs were $50 million in the quarter, tied to the acquisition of Accession (RSC Topco, Inc.).
The filing
Written by AI on Nov 8, 2026, 12:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 27, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.