BRO Brown & Brown

company

SEC Filings & Insider Trading Activity 2026

Business Overview

• • Core business: insurance agency and brokerage primarily in property, casualty, and employee benefits, with ancillary underwriting risk via captives and flood insurance carrier
• • New segment structure: consolidated Programs and Wholesale Brokerage into new Specialty Distribution segment post-RSC acquisition in Q3 2025
• • Strategic shift: streamlined from three to two reportable segments—Retail and Specialty Distribution—to enhance operational focus and reporting comparability
• • Notable metric: workforce expansion by 5,794 employees in 2025 due to 43 acquisitions, totaling 22,888 employees worldwide
• • Unique fact: Specialty Distribution’s largest customer accounts for 7.2% of segment commissions, indicating significant client concentration in that segment

Risk Factors

• • Regulatory/legal risk: Enforcement of anti-corruption laws for acquired businesses may lead to fines, compliance costs, or reputational damage
• • Geopolitical/macroeconomic risk: Significant business concentration in Florida (16%), Michigan (9%), Massachusetts (8%) exposed to regional economic downturns or natural disasters
• • Operational/supply chain risk: Cybersecurity threats exacerbated by generative AI use and complexities integrating Accession acquisition systems
• • Competitive risk: New AI-enabled platforms and competitors using generative AI, blockchain, robotics may bypass traditional intermediaries, reducing demand for Brown & Brown’s services
• • Financial/structural risk: Key-person dependency risk with intense competition for talent; loss of executive officers or skilled employees could materially harm business and innovation

Management Discussion & Analysis

• • Revenue $5,902M, up 22.8% YoY from $4,805M driven by core commissions and fees increase of $969M (+21.3%)
• • Net income $1,054M, up 6.1% YoY from $993M; income before income taxes margin 23.2% vs 27.1% in prior year
• • Best performing segment Retail: revenue $3,406M (+24.8% YoY), EBITDAC Margin 30.0% flat YoY; worst Specialty Distribution: revenue $2,409M (+19.5%), EBITDAC Margin 43.1% vs 42.8% prior year
• • Operating cash flow $1,450M up $276M; acquisitions capex $7,854M (notably Accession $7,463M); cash and equivalents $1,079M (+$404M); $225M debt drawn in 2026 for general purposes
• • Management notes acquisition integration costs, increased debt interest expense, and slowed organic growth rate (2.8% in 2025 vs 10.4% prior); key risks include macroeconomic and regulatory environment impacts on underwriting results

What are the latest BRO SEC filings in 2026?

Brown & Brown (BRO) has filed a 10-K annual report on February 12, 2026, a 10-Q quarterly report on April 27, 2026, an 8-K current report on July 27, 2026 with the SEC. SignalX tracks every new SEC EDGAR filing daily, including 10-K, 10-Q, 8-K, and Form 4 insider transactions, with AI-powered summaries of key sections.

When did BRO file its most recent 10-K annual report?

Brown & Brown (BRO) filed its most recent 10-K annual report on February 12, 2026. The 10-K includes audited financial statements, business overview, risk factors, and management discussion, all available on SignalX with AI-generated summaries and XBRL financial data.

How do I view BRO 10-Q quarterly reports?

Brown & Brown (BRO)'s most recent 10-Q quarterly report was filed on April 27, 2026. SignalX displays every BRO 10-Q with AI-generated summaries of the MD&A (Management Discussion & Analysis) and Risk Factors sections, plus links to the original SEC EDGAR document.

What 8-K current reports has BRO filed recently?

Brown & Brown (BRO)'s most recent 8-K was filed on July 27, 2026. 8-K filings disclose material corporate events such as earnings releases, executive changes, mergers, and other significant developments. SignalX surfaces each 8-K with item-level summaries so you can quickly see what happened.

Where can I find BRO insider trading activity (Form 4)?

SignalX aggregates every BRO Form 4 insider transaction from SEC EDGAR. Form 4 reports show when officers, directors, and 10% shareholders buy or sell company stock, with transaction code, share count, and price per share.

How often does BRO file with the SEC?

Brown & Brown (BRO) files a 10-K annual report once per year (typically within 60 days of fiscal year-end) and 10-Q quarterly reports three times per year. 8-K current reports are filed as needed when material events occur, and Form 4 insider transaction reports are due within two business days of a trade. SignalX monitors SEC EDGAR daily to surface every new BRO filing with AI-powered analysis.

What is the difference between 10-K, 10-Q, and 8-K SEC filings?

A 10-K is a comprehensive annual report with audited financials, business overview, and risk factors. A 10-Q is a shorter quarterly report with unaudited financials and management discussion. An 8-K is a current report filed when a material event occurs, such as earnings releases, executive changes, acquisitions, or other significant developments. SignalX provides AI-generated summaries for all three filing types for Brown & Brown (BRO).

What is BRO's SEC CIK number?

Brown & Brown (BRO)'s SEC CIK (Central Index Key) number is 79282. The CIK is a unique identifier assigned by the SEC to every filing entity. You can use CIK 79282 to look up all BRO filings on SEC EDGAR, or browse them here on SignalX with AI-powered analysis.

Where can I find BRO return on equity (ROE) and financial data?

SignalX extracts XBRL financial data from Brown & Brown (BRO) 10-K annual filings, including revenue, net income, gross profit, operating income, EPS, total assets, stockholders' equity, and operating cash flow. Return on equity (ROE) can be derived from net income divided by stockholders' equity. Multi-year financial trends are displayed in the Financial Summary table above.