Brown & Brown, Inc.: Miss — EPS $1.07, Revenue $1.73B
Earnings MissQ3 2026 · After-market
Did Brown & Brown, Inc. (BRO) beat earnings today?
No, Brown & Brown, Inc. (BRO) missed Wall Street analyst expectations for Q3 2026, reporting lower-than-expected EPS and lower-than-expected revenue.
Earnings Per Share-0.93% surprise
$1.07Actual
Expected: $1.08
vs. year ago +1.9%
Total Revenue-2.16% surprise
$1.73BActual
Expected: $1.76B
vs. year ago +7.4%
Released Oct 26 · 5:02 PM ET
Earning Report
| Metric | Q3 2026 | Q3 2025 | YoY Change % |
|---|---|---|---|
| Revenue | $1.73B | $1.61B | +7.4 |
| Revenue detail — reported lines | |||
| └─Commissions and fees | $1.70B | $1.55B | +9.7 |
| Consolidated revenue by source | |||
| └─Investment and other income | $25.00M | $56.00M | -55.4 |
| Net Income | $240.00M | $227.00M | +5.7 |
| GAAP Basic EPS | $0.73 | $0.68 | +7.4 |
| GAAP Diluted EPS | $0.67 | $0.68 | -1.5 |
| Diluted Net Income Per Share - Adjusted | $1.07 | $1.05 | +1.9 |
Business Highlights
- ➤Added approximately 5,000 new teammates from Accession just over a year ago.
- ➤Operates across 700+ locations globally.
- ➤Employs approximately 23,000 professionals.
- ➤Delivers customized insurance solutions and specialization since 1939.
Management Commentary
J. Powell Brown, President and Chief Executive Officer
“The third quarter reflected the incredible efforts of our teammates to win more customers in spite of a challenging rate environment. Our capabilities were broadly enhanced by the addition of approximately 5,000 new teammates from Accession, just over a year ago.”