Brown & Brown, Inc. reported mixed fourth-quarter results for 2025, marked by strong headline revenue growth but weaker organic performance. Total revenues rose 35.7 percent year over year to $1.6 billion, driven largely by acquisitions, while organic revenue declined 2.8 percent. Net income attributable to the company increased 25.7 percent to $264 million, though diluted earnings per share fell 19.2 percent to $0.59. On an adjusted basis, diluted EPS rose 8.1 percent to $0.93.

For the full year 2025, Brown & Brown generated total revenues of $5.9 billion, up 22.8 percent from 2024, with organic revenue growth of 2.8 percent. Net income increased 6.1 percent to $1.1 billion. Diluted EPS declined 8.7 percent to $3.16, while adjusted diluted EPS climbed 10.9 percent to $4.26. Management highlighted the acquisition of Accession and continued adjusted earnings and margin expansion as key drivers of the year’s performance.

Source: Brown & Brown, Inc., January 26, 2026