Q3 FY26 · Ended Sep 30, 2026 · View SEC filing
Bought businesses, not existing clients, drove growth
Total revenues rose 7.41%, but businesses owned a year earlier grew 1.2%: the filing names acquisitions as the main driver.
For investorsHow much of the growth can continue without new deals?
For foundersBuying books without buying all the risk
Revenue rose 7.41%, yet income before taxes grew 2.89%, as acquisition charges climbed and interest on offering cash fell away.
Basic earnings per share rose to $0.73, while diluted slipped to $0.67 once escrowed Accession shares count as outstanding.
Operating cash flow was 2.2 times net income, since amortization of bought accounts costs no cash and equipment needs are small.
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Business Lens describes Brown & Brown from its own filings with the SEC. It is not a view on its shares, a target, or advice to buy, sell or hold anything; figures are as filed and may be restated by the company later. The filing is linked above.
