Ryan Specialty Holdings annual operating expenses
2019
2020
2021
2022
2023
2024
2025
Ryan Specialty Holdings Operating Expenses Growth & History (RYAN)
Ryan Specialty Holdings's operating expenses was $2.56B for fiscal 2025.
View full Ryan Specialty Holdings company overviewRyan Specialty Holdings annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $2.56B | $469.6M | +22.49% |
| 2024 | 2024-12-31 | $2.09B | $369.4M | +21.50% |
| 2023 | 2023-12-31 | $1.72B | $282.8M | +19.70% |
| 2022 | 2022-12-31 | $1.44B | $189.5M | +15.21% |
| 2021 | 2021-12-31 | $1.25B | $386.4M | +44.95% |
| 2020 | 2020-12-31 | $859.7M | $195.7M | +29.46% |
| 2019 | 2019-12-31 | $664.1M | — | — |
Ryan Specialty Holdings quarterly operating expenses
Q2.20
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $736.3M | $72.2M | +10.87% |
| Q1 2026 | 2026-03-31 | $700.6M | $110.7M | +18.77% |
| Q4 2025 | 2025-12-31 | $659.7M | $105.4M | +19.03% |
| Q3 2025 | 2025-09-30 | $643.8M | $120.6M | +23.04% |
| Q2 2025 | 2025-06-30 | $664.1M | $133.0M | +25.05% |
| Q1 2025 | 2025-03-31 | $589.9M | $110.5M | +23.06% |
| Q4 2024 | 2024-12-31 | $554.2M | $117.7M | +26.96% |
| Q3 2024 | 2024-09-30 | $523.2M | $91.1M | +21.08% |
| Q2 2024 | 2024-06-30 | $531.1M | $68.8M | +14.87% |
| Q1 2024 | 2024-03-31 | $479.4M | $91.9M | +23.71% |
| Q4 2023 | 2023-12-31 | $436.5M | $80.8M | +22.70% |
| Q3 2023 | 2023-09-30 | $432.1M | $81.5M | +23.23% |
| Q2 2023 | 2023-06-30 | $462.3M | $76.5M | +19.84% |
| Q1 2023 | 2023-03-31 | $387.5M | $44.0M | +12.81% |
| Q4 2022 | 2022-12-31 | $355.8M | $32.5M | +10.05% |
| Q3 2022 | 2022-09-30 | $350.7M | −$2.8M | −0.80% |
| Q2 2022 | 2022-06-30 | $385.8M | $88.0M | +29.56% |
| Q1 2022 | 2022-03-31 | $343.5M | $71.9M | +26.47% |
| Q4 2021 | 2021-12-31 | $323.3M | — | — |
| Q3 2021 | 2021-09-30 | $353.5M | $142.5M | +67.55% |
| Q2 2021 | 2021-06-30 | $297.8M | $109.1M | +57.83% |
| Q1 2021 | 2021-03-31 | $271.6M | — | — |
| Q3 2020 | 2020-09-30 | $211.0M | — | — |
| Q2 2020 | 2020-06-30 | $188.6M | — | — |
Ryan Specialty Holdings operating expenses trends
Over the last five fiscal years, Ryan Specialty Holdings's operating expenses increased from $859.7M to $2.56B, a change of $1.70B. The latest reported quarter, Q2 2026, shows $736.3M.
About the metric
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.
Calculation and source
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 Ryan Specialty Holdings source filings ↗