Earnings Releases·Oct 29, 2026, 4:08 PM ET

Ryan Specialty — Third Quarter 2026 Earnings Summary

Total revenue grew 4.7% year-over-year to $790.0 million, while net income surged 40.6% to $88.0 million and adjusted diluted EPS rose 8.5% to $0.51; however, organic revenue growth slowed to 4.0% from 15.0% in the prior-year period.
The company maintained full-year 2026 organic revenue guidance in the mid-single digits but updated Adjusted EBITDAC margin guidance to reflect a modest year-over-year decline.
Shareholders received $173.7 million in capital returns during the quarter, comprising $150.0 million in share repurchases and $23.7 million in dividends, with an additional quarterly dividend of $0.13 per share declared for November 2026.
Financial results were impacted by $23.9 million in restructuring expenses related to the "Empower Program" and a moderate decline in the property portfolio, despite strong performance in casualty lines and wholesale brokerage.