Income Statement
RYAN SPECIALTY HOLDINGS, INC.
RYAN
Performance Overview
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in millions USD
| Metric | Dec 31, 2025 2025 FY | Dec 31, 2024 2024 FY | Dec 31, 2023 2023 FY | Dec 31, 2022 2022 FY | Dec 31, 2021 2021 FY |
|---|---|---|---|---|---|
|
Revenue
|
3,051.13 | 2,515.71 | 2,077.55 | 1,725.19 | 1,432.77 |
|
Cost of Revenue
|
- | - | - | - | - |
|
Gross Profit
|
3,051.13 | 2,515.71 | 2,077.55 | 1,725.19 | 1,432.77 |
|
Operating Expenses
|
2,557.49 | 2,087.90 | 1,718.47 | 1,435.69 | 1,246.15 |
|
Research & Development
|
- | - | - | - | - |
|
Selling, General & Administrative
|
453.45 | 352.05 | 276.18 | 196.97 | 138.96 |
|
Other Operating Expenses
|
- | - | - | - | - |
|
Operating Income
|
493.64 | 427.81 | 359.08 | 289.51 | 186.62 |
|
Non-Operating Income
|
200.46 | 155.26 | 121.16 | 110.32 | 125.06 |
|
Interest Income
|
- | 21.51 | - | - | - |
|
Interest Expense
|
- | - | 119.51 | 104.83 | 79.35 |
|
Other Non-Op Income / Expense
|
21.24 | 18.23 | 8.73 | -0.41 | -0.76 |
|
Income Before Tax
|
293.18 | 272.55 | 237.93 | 179.19 | 61.56 |
|
Income Tax Expense
|
229.79 | 177.89 | 176.89 | 118.14 | -4.31 |
|
Non-Controlling Interest
|
150.76 | 135.25 | 133.44 | 102.21 | -9.24 |
|
Net Income
|
63.40 | 94.67 | 61.04 | 61.05 | 65.87 |
Supplemental
Per share data, derived & other items — not part of the income statement
in millions USD unless noted
| Metric | Dec 31, 2025 2025 FY | Dec 31, 2024 2024 FY | Dec 31, 2023 2023 FY | Dec 31, 2022 2022 FY | Dec 31, 2021 2021 FY |
|---|---|---|---|---|---|
|
Depreciation & Amortization
|
- | - | - | - | - |
|
EBITDA
|
493.64 | 427.81 | 359.08 | 289.51 | 186.62 |
|
Earnings Per Share (Basic)
|
0.50 | 0.78 | 0.53 | 0.57 | - |
|
Diluted EPS
|
0.47 | 0.71 | 0.52 | 0.52 | - |
|
Weighted Average Shares
|
127.27 | 120.78 | 114.36 | 108.62 | - |
|
Diluted Weighted Avg Shares
|
138.25 | 132.89 | 125.75 | 265.75 | - |
|
Comprehensive Income
|
79.04 | 89.79 | 58.08 | 65.37 | 64.89 |