AI Earnings Predictions for Ryan Specialty Holdings Inc. (RYAN)

EX-99.1

2 ryan-20260930xex991.htm

EX-99.1

RYAN-2026.09.30-EX 99.1

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RYAN SPECIALTY REPORTS THIRD QUARTER 2026 RESULTS

- Total Revenue grew 4.7% year-over-year to $790.0 million -

- Organic Revenue Growth Rate* of 4.0% year-over-year -

- Net Income of $88.0 million, or $0.29 per diluted share -

- Adjusted EBITDAC* grew 3.8% year-over-year to $244.4 million -

- Adjusted Net Income* increased 4.1% year-over-year to $137.1 million -

- Adjusted Diluted Earnings Per Share* grew 8.5% to $0.51 per diluted share -

- Returned $173.7 million to shareholders, including $150.0 million of share repurchases and $23.7 million of

dividends and distributions -

October 29, 2026 | CHICAGO, IL — Ryan Specialty Holdings, Inc. (NYSE: RYAN) (“Ryan Specialty” or the “Company”),

a leading international specialty insurance firm, today announced results for the third quarter ended September 30,

2026.

Third Quarter 2026 Highlights

•Revenue grew 4.7% year-over-year to $790.0 million, compared to $754.6 million in the prior-year period

•Organic Revenue Growth Rate* was 4.0% for the quarter, compared to 15.0% in the prior-year period

•Net Income increased 40.6% year-over-year to $88.0 million, compared to $62.6 million in the prior-year period.

Diluted Earnings Per Share was $0.29

•Adjusted EBITDAC* increased 3.8% to $244.4 million, compared to $235.5 million in the prior-year period

•Adjusted EBITDAC Margin* of 30.9%, compared to 31.2% in the prior-year period

•Adjusted Net Income* increased 4.1% to $137.1 million, compared to $131.7 million in the prior-year period

•Adjusted Diluted Earnings Per Share* increased 8.5% to $0.51, compared to $0.47 in the prior-year period

•Returned $173.7 million to shareholders through $150.0 million of Class A common stock repurchases,

representing 3.5 million shares, and $23.7 million in dividends and distributions

“We are proud of our third quarter performance, in light of an increasingly challenging market and against our

toughest year over year comparison,” said Patrick G. Ryan, Founder and Executive Chairman of Ryan Specialty. “We

grew total revenue 4.7%, driven by organic growth of 4.0%. We grew Adjusted EBITDAC by 3.8% and Adjusted

Diluted EPS by 8.5%. We continued investing back into our business, with our second largest hiring class in late 2025,

and displayed disciplined expense management, leading to an Adjusted EBITDAC margin that is down only 30 basis

points year to date. We also returned capital to shareholders of over $500 million through dividends, distributions,

and share repurchases. These results reflect the strength of our brokers and underwriters, and of the durable,

scalable platform we have strategically built. We are confident our team will continue to perform throughout this

cycle and emerge even stronger.”

“Our team delivered in the face of one of the most challenging markets we have ever seen, retaining high levels of

existing business, winning significant new business, and building our pipelines,” added Timothy W. Turner, Chief

Executive Officer of Ryan Specialty. “We continue to deliver for our clients through our differentiated talent, deep

specialty expertise, and independence. We are investing in talent, technology, AI, and data that will widen our moat.

We remain focused on controlling what we can control. We are well-positioned to keep winning and to create long-

term value for our shareholders.”

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Summary of Third Quarter 2026 Results

Three Months Ended

September 30,

Change

Nine Months Ended

September 30,

Change

(in thousands, except percentages

and per share data)

2026

2025

$

%

2026

2025

$

%

GAAP financial measures

Total revenue

$789,963

$754,577

$35,386

4.7%

$2,501,839

$2,299,913

$201,926

8.8%

Net commissions and fees

775,081

739,552

35,529

4.8

2,460,712

2,256,537

204,175

9.0

Compensation and benefits

484,208

440,434

43,774

9.9

1,511,001

1,355,995

155,006

11.4

General and administrative

106,977

117,589

(10,612)

(9.0)

334,381

330,698

3,683

1.1

Total operating expenses

649,135

643,786

5,349

0.8

2,086,099

1,897,835

188,264

9.9

Operating income

140,828

110,791

30,037

27.1

415,740

402,078

13,662

3.4

Net income

88,048

62,603

25,445

40.6

237,026

182,919

54,107

29.6

Net income attributable to Ryan

Specialty Holdings, Inc.

36,681

31,085

5,596

18.0

96,642

55,419

41,223

74.4

Compensation and benefits

expense ratio (1)

61.3 %

58.4 %

60.4 %

59.0 %

General and administrative

expense ratio (2)

13.5 %

15.6 %

13.4 %

14.4 %

Net income margin (3)

11.1 %

8.3 %

9.5 %

8.0 %

Earnings per share (4)

$0.30

$0.24

$0.77

$0.44

Diluted earnings per share (4)

$0.29

$0.20

$0.74

$0.41

Non-GAAP financial measures*

Organic revenue growth rate

4.0 %

15.0 %

7.3 %

11.4 %

Adjusted compensation and

benefits expense

$443,373

$417,217

$26,156

6.3 %

$1,400,151

$1,268,059

$132,092

10.4 %

Adjusted compensation and

benefits expense ratio

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EX-99.1

2 ryan-20260331xex991.htm

EX-99.1

RYAN-2026.03.31-EX 99.1

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RYAN SPECIALTY REPORTS FIRST QUARTER 2026 RESULTS

- Total Revenue grew 15.2% year-over-year to $795.2 million -

- Organic Revenue Growth Rate* of 11.8% year-over-year -

- Net Income of $40.6 million, or $0.13 per diluted share -

- Adjusted EBITDAC* grew 15.7% year-over-year to $232.0 million -

- Adjusted Net Income increased 21.2% year-over-year to $130.7 million -

- Adjusted Diluted Earnings Per Share grew 20.5% or $0.47 per diluted share -

- Returned approximately $64.8 million to shareholders, including $40.0 million of share repurchases, and

$24.8 million of dividends and distributions  -

April 30, 2026 | CHICAGO, IL — Ryan Specialty Holdings, Inc. (NYSE: RYAN) (“Ryan Specialty” or the “Company”), a

leading international specialty insurance firm, today announced results for the first quarter ended March 31, 2026.

First Quarter 2026 Highlights

•Revenue grew 15.2% year-over-year to $795.2 million, compared to $690.2 million in the prior-year period

•Organic Revenue Growth Rate* was 11.8% for the quarter, compared to 12.9% in the prior-year period

•Net Income increased year-over-year to $40.6 million, compared to a loss of $(4.4) million in the prior-year

period. Diluted Earnings Per Share was $0.13

•Adjusted EBITDAC* increased 15.7% to $232.0 million, compared to $200.5 million in the prior-year period

•Adjusted EBITDAC Margin* of 29.2%, compared to 29.1% in the prior-year period

•Adjusted Net Income* increased 21.2% to $130.7 million, compared to $107.8 million in the prior-year period

•Adjusted Diluted Earnings Per Share* increased 20.5% to $0.47, compared to $0.39 in the prior-year period

•Returned approximately $64.8 million to shareholders through $40.0 million of Class A common stock

repurchases, representing 1.0 million shares, and $24.8 million of dividends and distributions

“It was a strong start to 2026 for Ryan Specialty in the face of continued and increasing industry headwinds,” said

Patrick G. Ryan, Founder and Executive Chairman of Ryan Specialty. “We grew total revenue 15%, driven by organic

growth of 11.8% and contributions from M&A. We grew Adjusted EBITDAC by 15.7% and Adjusted Diluted EPS by

20.5%. Our performance this quarter speaks to the dedication of our team, their ability to succeed in challenging

times, and the diversified enterprise we have purposefully built over the years. Through one of the most efficient

and effective insurance distribution platforms in the word, we are delivering innovative solutions for our clients -

brokers, agents, and carriers, that are difficult to replicate elsewhere. While we expect the environment to remain

considerably challenging in the near term, we are confident that our continued investment in the platform, paired

with our ability to innovate alongside our clients and capital trading partners, will further strengthen our position as

a leader in specialty insurance.”

“I am proud of our team's tireless execution during the quarter as we continue to win business and increase market

share in a very competitive environment,” added Timothy W. Turner, Chief Executive Officer of Ryan Specialty.

“Along with our strong performance, we are continuing to invest broadly in our technology, AI, and data capabilities

to ensure we are providing our clients with the expertise and advocacy they expect to solve their most complex

2

insurance needs. We remain focused on controlling what we can control given the challenging environment. We are

enhancing our competitive advantage and continuing to build and expand a platform that is designed to endure

across market cycles.”

Summary of First Quarter 2026 Results

Three Months Ended

March 31,

Change

(in thousands, except percentages and per share data)

2026

2025

$

%

GAAP financial measures

Total revenue

$795,229

$690,166

$105,063

15.2%

Net commissions and fees

782,903

676,128

106,775

15.8

Compensation and benefits

495,176

430,289

64,887

15.1

General and administrative

108,761

106,060

2,701

2.5

Total operating expenses

700,633

589,931

110,702

18.8

Operating income

94,596

100,235

(5,639)

(5.6)

Net income (loss)

40,597

(4,389)

44,986

NM

Net income (loss) attributable to Ryan Specialty Holdings, Inc.

17,646

(27,642)

45,288

NM

Compensation and benefits expense ratio (1)

62.3 %

62.3 %

General and administrative expense ratio (2)

13.7 %

15.4 %

Net income (loss) margin (3)

5.1 %

(0.6 %)

Earnings (loss) per share (4)

$0.14

$(0.22)

Diluted earnings (loss) per share (4)

$0.13

$(0.22)

Non-GAAP financial measures*

Organic revenue growth rate

11.8 %

12.9 %

Adjusted compensation and benefits expense

$461,832

$397,428

$64,404

16.2 %

Adjusted compensation and benefits expense ratio

58.1 %

57.6 %

Adjusted general and administrative expense

$101,365

$92,237

$9,128

9.9 %

Adjusted general and administrative expense ratio

12.7 %

13.4 %

Adjusted EBI