BRO Q1 Revenue +35.4% to $1.90B; Net Income +28.7% to $426M; Diluted EPS $1.06

BROWN & BROWN, INC. reported strong financial results for Q1 2026, with total revenues increasing 35.4% to $1,901 million and net income attributable to the Company rising 28.7% to $426 million. However, diluted net income per share decreased to $1.06 from $1.15 in the prior year, primarily due to the exclusion of a $64 million mark-to-market gain on escrow liability and the inclusion of shares held in escrow in the diluted EPS calculation. The company also generated $262 million in net cash from operating activities, acquired eight businesses, increased its cash dividend, and purchased $250 million in treasury stock.