Filing Flows › Brown & Brown (BRO) › Q3 FY27 › vs Q2 FY27
Brown & Brown (BRO) Q3 FY27 vs Q2 FY27 (quarter over quarter)
Brown & Brown's revenue rose $49.0M (+3%) from $1.7B in Q2 FY27 to $1.7B in Q3 FY27. Operating margin 18.6% against 22.9% (-4.3 pts).
Brown & Brown, Q3 FY27: revenue $1.7B (+7% year over year), operating margin 18.6%, net earnings $240M, operating cash flow $532M. The chart draws each line against Q2 FY27, the increases inside each band.
Margins
| Q3 FY27 | Q2 FY27 | Change | |
|---|---|---|---|
| Operating margin | 18.6% | 22.9% | -4.3 pts |
| Net margin | 13.9% | 17.2% | -3.3 pts |
| Free cash flow margin | 28.6% | 19.6% | +8.9 pts |
Every line
| Line | Q3 FY27 | Q2 FY27 | Change | % |
|---|---|---|---|---|
| Revenue | $1.7B | $1.7B | $49.0M | +3% |
| Operating profit | $320M | $383M | −$63.0M | -16% |
| Costs & expenses | $1.4B | $1.3B | $112M | +9% |
| Pre-tax earnings | $320M | $383M | −$63.0M | -16% |
| Net earnings | $240M | $288M | −$48.0M | -17% |
| Minority interests | $1.0M | $1.0M | $0 | 0% |
| Income tax | $79.0M | $94.0M | −$15.0M | -16% |
| Depreciation | $18.0M | $18.0M | $0 | 0% |
| Share-based compensation | $23.0M | $23.0M | $0 | 0% |
| Working capital & other | $251M | $17.0M | $234M | 15× |
| Operating cash flow | $532M | $346M | $186M | +54% |
| Free cash flow (OCF − capex) | $493M | $329M | $164M | +50% |
| Capital expenditures | $39.0M | $17.0M | $22.0M | +129% |
Questions
How much did Brown & Brown's revenue grow quarter over quarter in Q3 FY27?
Brown & Brown's revenue rose $49.0M (+3%) from $1.7B in Q2 FY27 to $1.7B in Q3 FY27. Operating margin 18.6% against 22.9% (-4.3 pts).