Filing Flows › Brown & Brown (BRO) › Q3 FY27
Brown & Brown (BRO) Q3 FY27 earnings results (third quarter fiscal 2027)
10-Q filed Oct 26, 2026
Brown & Brown (BRO) reported revenue of $1.7B for the third quarter fiscal 2027 (Q3 FY27), +7% from a year earlier and +3% from the quarter before. Operating margin was 18.6%, net earnings $240M (13.9% of revenue).
Brown & Brown, Q3 FY27: revenue $1.7B (+7% year over year), operating margin 18.6%, net earnings $240M, operating cash flow $532M. The chart follows the revenue to costs, profit and cash.
| Q3 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.7B | +3% | +7% |
| Operating profit | $320M | -16% | +3% |
| Net earnings | $240M | -17% | +6% |
| Operating cash flow | $532M | +54% | +14% |
| Free cash flow | $493M | +50% | +9% |
What changed
Revenue was $1.7B in Q3 FY27, up 7% year over year and up 3% from the previous quarter.
Operating profit was $0.32B, a 18.6% margin (down 0.8 points year over year). Of the extra revenue versus Q3 FY26, 8% reached operating profit, below the 19% margin then. Total costs grew 8% against revenue growth of 7%. Net earnings were $0.24B, up 6% year over year. The effective tax rate was 24.7%.
Operating cash flow was $0.53B (up 14% year over year), 221% of net earnings. Non-cash charges added back $0.02B of depreciation and $0.02B of share-based compensation. Working capital and other items added $0.25B. Capital expenditures of $0.04B left free cash flow of $0.49B.
Questions
What was Brown & Brown's revenue in the third quarter fiscal 2027?
Brown & Brown (BRO) reported revenue of $1.7B for the third quarter fiscal 2027 (Q3 FY27), +7% from a year earlier and +3% from the quarter before.
Was Brown & Brown profitable in the third quarter fiscal 2027?
Operating profit was $320M (18.6% of revenue) and net earnings $240M.
Source: Brown & Brown 10-Q on SEC EDGAR.