RYAN SPECIALTY HOLDINGS, INC. (RYAN) FY2026 Q2 P&L / Income Statement

Revenue by Geography

2026-04-01 to 2026-06-30

Swipe to see the full flow
RYAN SPECIALTY HOLDINGS, INC. (RYAN) FY2026 Q2 P&L / Income StatementIncome statement for 2026-04-01 through 2026-06-30. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEOPERATINGPRE-TAXNETUNITED STATESForeignTotal revenueOPERATING INCOMETotal operating expensesTotal operating expensesINCOME BEFORE INCOME TAXESOther income (expense), net (calculated)NET INCOMEIncome tax expenseINCOME BEFORE INCOME TAXESINCOME BEFOREINCOME TAXES$130.73 MTotal revenueTotal revenue$916.65 MOPERATING INCOMEOPERATING INCOME$180.32 MNET INCOMENET INCOME$108.38 MTotal operating expensesTotal operatingexpenses$736.33 MIncome tax expenseIncome tax expense$22.35 MUNITED STATESUNITED STATES$852.08 MOther income (expense), net (calculated)Other income,net (calculated)−$49.59 MTotal operating expensesTotal operating expenses$736.33 MForeignForeign$64.57 M
Chart details

RYAN SPECIALTY HOLDINGS, INC. (RYAN) FY2026 Q2 P&L / Income Statement

Income statement for 2026-04-01 through 2026-06-30. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total revenue
916,647,000 US dollars
Total operating expenses
736,331,000 US dollars
OPERATING INCOME
180,316,000 US dollars
Other income (expense), net (calculated)
negative 49,585,000 US dollars
INCOME BEFORE INCOME TAXES
130,731,000 US dollars
Income tax expense
22,350,000 US dollars
NET INCOME
108,381,000 US dollars
UNITED STATES
852,082,000 US dollars
Foreign
64,565,000 US dollars
Total operating expenses
736,331,000 US dollars

Chart connections

  • Revenue minus operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
  • Of which attributable to RYAN SPECIALTY HOLDINGS, INC.: $42.32 M; to noncontrolling interests: $66.07 M.
RYAN SPECIALTY HOLDINGS, INC. (RYAN) FY2026 Q2 Revenue by Geography Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Operating margin

19.7%

Operating profit / revenue

Cash conversion

270.4%

Operating cash / net income, same period

Newsletter

Get the teardowns by email

Subscribe if you want the public-company teardowns in your inbox when they're released.

Product waitlist

Health Check and Teardown for your own company

A health check uncovers insights of your private books, not a public ticker. Join this list to get notified as soon as we go-live!