Brown & Brown earnings rose in the first nine months of 2026, with revenue climbing 23.4% from a year earlier to $5.3 billion. Net income increased 20.8% to $954 million for the period ended September 30.

Brown & Brown earnings for nine months

Income before tax rose 17.6% to $1.24 billion in the first nine months. Adjusted EBITDAC increased 20.9% to $1.93 billion.

The adjusted measure excludes interest, taxes, depreciation, amortization and changes in estimated acquisition earn-out payables. Net income was $164 million higher than in the same period of 2025.

Third-quarter growth and rate environment

For the third quarter alone, revenue increased 7.4% year over year to $1.73 billion. Income before tax rose 2.9% to $320 million, while net income attributable to Brown & Brown grew 5.7% to $240 million.

Quarterly adjusted EBITDAC rose 1.7% to $597 million. CEO J. Powell Brown said the company won more customers despite a challenging rate environment and noted that approximately 5,000 employees from Accession had joined just over a year earlier.

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