Brown & Brown grows premium revenue 8.2% in Q2’25 despite 10% drop in net income
Brown & Brown, Inc., an insurance brokerage and risk management firm, announced its financial results for the second quarter of 2025, reporting solid organic revenue growth despite a decline in net income.
For the quarter, income before income taxes decreased 10.1% to $311 million, with the income before income taxes margin declining from 29.4% to 24.2%.
Net premiums across all segments contributed to a revenue increase, with commissions and fees rising by 8.2% to $1.249 billion for the quarter.
Organic revenue growth was 3.6%, reflecting healthy demand and successful client retention. For Q2 2025, total revenues reached $1.285 billion, an increase compared to the prior year period’s $1.178 billion, with organic revenue growth of 3.6%.
Investment income for the quarter was $36 million, contributing to the aforementioned total revenues of almost $1.3 billion. Net income attributable to the company was $231 million, a 10.1% decrease from the previous year’s quarter, with diluted net income per share at $0.78.
<!–
–>
Adjusted diluted net income per share increased 10.8% to $1.03, reflecting operational efficiencies and expense management. For the six-month period, net income rose 2.4% to $563 million, with adjusted diluted earnings per share improving 12.1% to $2.32.
For the first half of 2025, Brown & Brown generated total revenues of $2.7 billion, up 10.4% year-over-year, with 5.1% organic revenue growth. Net income attributable to the company increased 2.4% to $563 million.
Adjusted diluted earnings per share rose 12.1% to $2.32, while investment income for the six-month period reached $55 million.
Although the income before taxes margin declined from 29.2% to 27.4%, the first-half performance underscores continued expansion across key business lines and steady contributions from both core operations and investments.
J. Powell Brown, President and Chief Executive Officer of the Company, said: “We are pleased with the earnings for the quarter and have good momentum as we head into the second half of the year.”
The post Brown & Brown grows premium revenue 8.2% in Q2’25 despite 10% drop in net income appeared first on ReinsuranceNe.ws.
