Similar companies
Income Statement (USD)
| Q1 '25 | QoQ | |
|---|---|---|
| Revenue | 1.39B | 27.2% |
| Gross Profit | 702M | 38.7% |
| Cost of Revenue | 683M | 17.2% |
| Operating expense | 250M | 7.1% |
| Net Income | 331M | 57.6% |
| EBITDA | 539M | 39.3% |
Balance Sheet (USD)
| Q1 '25 | QoQ | |
|---|---|---|
| Total Assets | 16.8B | 4.8% |
| Total Liabilities | 9.92B | 11.2% |
| Total Equity | 6.84B | 6.3% |
| Shares Outstanding | 285M | 0.4% |
Cash Flow (USD)
| Q1 '25 | QoQ | |
|---|---|---|
| Cash from operations | 213M | 41% |
| Cash from financing | -218M | 178.7% |
EPS
Financial Highlights for Brown & Brown in Q1 '25
Brown & Brown reported a revenue of 1.39B, which is a 27.2% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 702M, marking a 38.7% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 683M, a 17.2% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 250M, showing a -7.1% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 331M, showing a 57.6% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 539M, showing a 39.3% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Brown & Brown with growth in revenue, gross profit, and net income.
