Brown & Brown Operating Expenses Growth & History (BRO)
Brown & Brown's operating expenses was $1.33B for fiscal 2025.
View full Brown & Brown company overviewBrown & Brown annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.33B | $394.0M | +42.27% |
| 2024 | 2024-12-31 | $932.0M | −$2.18B | −70.04% |
| 2023 | 2023-12-31 | $3.11B | $413.7M | +15.34% |
| 2022 | 2022-12-31 | $2.70B | $408.7M | +17.86% |
| 2021 | 2021-12-31 | $2.29B | $299.3M | +15.05% |
| 2020 | 2020-12-31 | $1.99B | $123.1M | +6.59% |
| 2019 | 2019-12-31 | $1.87B | $314.5M | +20.26% |
| 2018 | 2018-12-31 | $1.55B | $120.2M | +8.39% |
| 2017 | 2017-12-31 | $1.43B | $88.5M | +6.59% |
| 2016 | 2016-12-31 | $1.34B | $85.2M | +6.77% |
| 2015 | 2015-12-31 | $1.26B | $21.9M | +1.77% |
| 2014 | 2014-12-31 | $1.24B | $230.4M | +22.91% |
| 2013 | 2013-12-31 | $1.01B | $110.4M | +12.34% |
| 2012 | 2012-12-31 | $895.2M | $152.2M | +20.48% |
| 2011 | 2011-12-31 | $743.0M | $35.6M | +5.04% |
| 2010 | 2010-12-31 | $707.4M | −$5.7M | −0.80% |
| 2009 | 2009-12-31 | $713.1M | $8.1M | +1.14% |
| 2008 | 2008-12-31 | $705.1M | — | — |
Brown & Brown quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $399.0M | $127.0M | +46.69% |
| Q1 2026 | 2026-03-31 | $422.0M | — | — |
| Q4 2025 | 2025-12-31 | $421.0M | — | — |
| Q3 2025 | 2025-09-30 | $383.0M | −$486.0M | −55.93% |
| Q2 2025 | 2025-06-30 | $272.0M | −$560.0M | −67.31% |
| Q3 2024 | 2024-09-30 | $869.0M | $43.0M | +5.21% |
| Q2 2024 | 2024-06-30 | $832.0M | $39.0M | +4.92% |
| Q1 2024 | 2024-03-31 | $894.0M | $72.0M | +8.76% |
| Q4 2023 | 2023-12-31 | $670.0M | −$37.1M | −5.25% |
| Q3 2023 | 2023-09-30 | $826.0M | $116.4M | +16.40% |
| Q2 2023 | 2023-06-30 | $793.0M | $152.1M | +23.73% |
| Q1 2023 | 2023-03-31 | $822.0M | $182.3M | +28.50% |
| Q4 2022 | 2022-12-31 | $707.1M | $109.4M | +18.30% |
| Q3 2022 | 2022-09-30 | $709.6M | $135.8M | +23.67% |
| Q2 2022 | 2022-06-30 | $640.9M | $99.9M | +18.47% |
| Q1 2022 | 2022-03-31 | $639.7M | $63.6M | +11.04% |
| Q4 2021 | 2021-12-31 | $597.7M | $86.5M | +16.92% |
| Q3 2021 | 2021-09-30 | $573.8M | $58.4M | +11.32% |
| Q2 2021 | 2021-06-30 | $541.0M | $71.6M | +15.25% |
| Q1 2021 | 2021-03-31 | $576.1M | $82.9M | +16.80% |
| Q4 2020 | 2020-12-31 | $511.2M | $34.3M | +7.18% |
| Q3 2020 | 2020-09-30 | $515.4M | $48.6M | +10.41% |
| Q2 2020 | 2020-06-30 | $469.4M | $17.7M | +3.92% |
| Q1 2020 | 2020-03-31 | $493.2M | $22.5M | +4.78% |
| Q4 2019 | 2019-12-31 | $476.9M | $68.8M | +16.86% |
| Q3 2019 | 2019-09-30 | $466.8M | $78.5M | +20.21% |
| Q2 2019 | 2019-06-30 | $451.7M | $79.4M | +21.33% |
| Q1 2019 | 2019-03-31 | $470.8M | $87.7M | +22.91% |
| Q4 2018 | 2018-12-31 | $408.1M | $40.2M | +10.91% |
| Q3 2018 | 2018-09-30 | $388.4M | $37.1M | +10.57% |
| Q2 2018 | 2018-06-30 | $372.3M | $14.0M | +3.90% |
| Q1 2018 | 2018-03-31 | $383.0M | $28.9M | +8.16% |
| Q4 2017 | 2017-12-31 | $368.0M | $29.2M | +8.63% |
| Q3 2017 | 2017-09-30 | $351.2M | $5.9M | +1.72% |
| Q2 2017 | 2017-06-30 | $358.3M | $20.9M | +6.18% |
| Q1 2017 | 2017-03-31 | $354.1M | $32.5M | +10.10% |
| Q4 2016 | 2016-12-31 | $338.8M | $29.2M | +9.43% |
| Q3 2016 | 2016-09-30 | $345.3M | $26.0M | +8.13% |
| Q2 2016 | 2016-06-30 | $337.4M | $18.9M | +5.94% |
| Q1 2016 | 2016-03-31 | $321.6M | $11.1M | +3.58% |
| Q4 2015 | 2015-12-31 | $309.6M | −$45.0M | −12.70% |
| Q3 2015 | 2015-09-30 | $319.3M | $10.6M | +3.43% |
| Q2 2015 | 2015-06-30 | $318.5M | $22.6M | +7.62% |
| Q1 2015 | 2015-03-31 | $310.5M | $33.8M | +12.20% |
| Q4 2014 | 2014-12-31 | $354.6M | $87.9M | +32.94% |
| Q3 2014 | 2014-09-30 | $308.7M | $44.9M | +17.01% |
| Q2 2014 | 2014-06-30 | $296.0M | $56.4M | +23.55% |
| Q1 2014 | 2014-03-31 | $276.8M | $41.2M | +17.51% |
| Q4 2013 | 2013-12-31 | $266.7M | $33.1M | +14.18% |
| Q3 2013 | 2013-09-30 | $263.9M | $41.7M | +18.77% |
| Q2 2013 | 2013-06-30 | $239.6M | $19.8M | +9.01% |
| Q1 2013 | 2013-03-31 | $235.5M | $15.8M | +7.20% |
| Q4 2012 | 2012-12-31 | $233.6M | $49.2M | +26.68% |
| Q3 2012 | 2012-09-30 | $222.2M | $34.4M | +18.35% |
| Q2 2012 | 2012-06-30 | $219.8M | $34.4M | +18.57% |
| Q1 2012 | 2012-03-31 | $219.7M | $34.1M | +18.40% |
| Q4 2011 | 2011-12-31 | $184.4M | $6.4M | +3.62% |
| Q3 2011 | 2011-09-30 | $187.7M | $13.1M | +7.52% |
| Q2 2011 | 2011-06-30 | $185.3M | $9.7M | +5.52% |
| Q1 2011 | 2011-03-31 | $185.6M | $6.4M | +3.55% |
| Q4 2010 | 2010-12-31 | $178.0M | — | — |
| Q3 2010 | 2010-09-30 | $174.6M | −$1.7M | −0.96% |
| Q2 2010 | 2010-06-30 | $175.7M | −$3.7M | −2.08% |
| Q1 2010 | 2010-03-31 | $179.2M | — | — |
| Q3 2009 | 2009-09-30 | $176.3M | — | — |
| Q2 2009 | 2009-06-30 | $179.4M | — | — |
Brown & Brown operating expenses trends
Over the last five fiscal years, Brown & Brown's operating expenses decreased from $1.99B to $1.33B, a change of −$663.3M. The latest reported quarter, Q2 2026, shows $399.0M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Brown & Brown source filings ↗