Brown & Brown Q2 Revenue Jumps 30% to $1.7B, but Organic Growth Slips
BRO sits 23% above its 52-week low of $53.814.
Summary
Brown & Brown reported Q2 2026 revenue of $1.7 billion, a 30.4% surge driven entirely by acquisitions, while organic revenue declined 0.7%. Adjusted diluted EPS rose 3.9% to $1.07, but GAAP EPS of $0.84 missed the adjusted figure by a wide margin. The top-line growth masks underlying softness: core commissions and fees, excluding acquisitions and contingents, shrank. This follows the company's AI transformation announcement last week and a credit agreement amendment in June that boosted financial flexibility. The market will focus on whether the acquisition spree can eventually reignite organic growth, with margins already compressing slightly.
At the time of this announcement, BRO was trading at $66.00 on NYSE in the Finance sector, with a market capitalization of approximately $23.6B. The 52-week trading range was $53.81 to $104.25. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: GlobeNewswire.