RYAN SPECIALTY HOLDINGS, INC.

	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19
Total revenue	3.05	2.52	2.08	1.73	1.43	1.02	0.77
Cost of revenue	0.29	1.51	1.30	1.11	0.94	0.66	0.49
Gross profit	2.76	2.52	2.08	1.73	1.43	1.02	0.77
Total operating expenses +	2.14	2.24	1.84	1.55	1.37	0.94	0.70
Selling, general and administrative	0.45	1.94	1.60	1.33	1.13	0.79	0.61
Research and development			0.00	0.00	0.00	0.00	0.00
Other operating expenses	1.68	0.30	0.24	0.22	0.24	0.15	0.08
Operating income	0.63	0.27	0.24	0.18	0.06	0.08	0.07
Non-operating income (net)	-0.33	0.00	0.00	0.00	0.00	0.00	0.00
Income before tax	0.29	0.27	0.24	0.18	0.06	0.08	0.07
Income tax expense	0.08	0.04	0.04	0.02	0.00	0.01	0.00
Net income	0.06	0.09	0.06	0.06	0.07	0.07	0.06

Show Quarterly Income Statement

	Mar-26	Dec-25	Sep-25	Jun-25	Mar-25	Dec-24	Sep-24	Jun-24	Mar-24	Dec-23	Sep-23	Jun-23	Mar-23	Dec-22	Sep-22	Jun-22	Mar-22	Dec-21	Sep-21	Jun-21	Mar-21	Dec-20	Sep-20	Jun-20	Mar-20
Total revenue	0.80	0.75	0.75	0.86	0.69	0.66	0.60	0.70	0.55	0.53	0.50	0.59	0.46	0.44	0.41	0.49	0.39	0.38	0.35	0.39	0.31	0.33	0.24	0.25	0.21
Cost of revenue	0.07	0.07	0.40	0.49	0.43	0.39	0.38	0.41	0.34	0.33	0.33	0.35	0.31	1.13	0.27	0.31	0.27	0.25	0.29	0.24	0.21	0.23	0.16	0.16	0.14
Gross profit	0.73	0.68	0.36	0.86	0.69	0.66	0.60	0.70	0.55	0.53	0.50	0.59	0.46	0.44	0.14	0.18	0.11	0.12	0.07	0.15	0.10	0.10	0.07	0.09	0.07
Total operating expenses +	0.58	0.54	0.20	0.72	0.64	0.59	0.59	0.56	0.50	0.47	0.46	0.49	0.41	0.38	0.35	0.39	0.34	0.32	0.35	0.30	0.27	0.28	0.21	0.19	0.18
Selling, general and administrative	0.11	0.12	0.12	0.59	0.54	0.51	0.48	0.50	0.45	0.41	0.40	0.43	0.36	0.33	0.05	0.05	0.04	0.04	0.04	0.03	0.03	0.03	0.03	0.02	0.03
Research and development
Other operating expenses	0.47	0.42	0.09	0.13	0.10	0.08	0.10	0.06	0.06	0.07	0.06	0.06	0.06	0.06	0.30	0.34	0.30	0.28	0.31	0.27	0.24	0.25	0.18	0.17	0.15
Operating income	0.14	0.13	0.16	0.14	0.05	0.07	0.02	0.14	0.05	0.06	0.04	0.10	0.04	0.05	0.06	0.11	0.04	0.06	0.00	0.09	0.04	0.05	0.03	0.06	0.03
Non-operating income (net)	-0.10	-0.09	-0.10	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.03	-0.02	-0.03	-0.02	-0.04	-0.03	-0.04	-0.05	-0.01	-0.01	-0.01
Income before tax	0.05	0.04	0.06	0.14	0.05	0.07	0.02	0.14	0.05	0.06	0.04	0.10	0.04	0.05	0.03	0.08	0.01	0.04	-0.04	0.07	0.00	0.00	0.01	0.05	0.01
Income tax expense	0.01	0.01	0.00	0.01	0.06	0.03	-0.01	0.02	0.01	0.00	0.02	0.01	0.01	0.01	0.00	0.01	0.00	0.01	-0.01	0.00	0.00	0.00	0.00	0.00	0.00
Net income	0.04	0.01	0.03	0.05	-0.03	0.01	0.02	0.05	0.02	0.02	-0.01	0.03	0.01	0.02	0.03	0.07	0.02	0.03	-0.03	0.06	0.00	0.00	0.01	0.05	0.01

about 13 hours ago

Ask a follow up

	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19
Total cash and short-term investments +	0.16	0.55	0.87	0.99	0.39	0.31	0.05
Cash and cash equivalents	0.16	0.54	0.84	0.99	0.39	0.31	0.05
Short-term investments		0.01	0.03
Accounts receivable, net	0.49	0.39	0.33	0.23	0.21	2.16	0.13
Inventories			-0.04	-2.61	-2.41	0.49	0.00
Other current assets		3.86	3.20	2.67	2.41	-2.47	1.24
Total current assets	0.65	4.79	4.34	3.89	2.99	2.49	1.42
Total non-current assets +	9.92	4.86	2.91	2.49	2.03	2.04	0.77
Property, plant and equipment, net				0.03	0.10	0.11	0.01
Goodwill	3.23	2.65	1.65	1.31	1.31	1.22	0.53
Intangible assets	0.12	0.08	0.61	0.49	0.57	0.60	0.17
Long-term investments	0.11	0.07	0.05	0.04	0.05	0.05	0.02
Other non-current assets
Total assets	10.56	9.65	7.25	6.38	5.46	4.53	2.19

Total current liabilities +	0.09	4.55	3.74	3.13	0.04	2.47	1.43
Accounts payable	0.22	0.19	0.12	0.11	0.08	0.07	0.05
Short-term debt	0.09	0.07	0.06	0.08	0.06	0.04	0.01
Current portion of long-term debt	0.06	0.05	0.04	0.03	0.02	0.02	0.01
Deferred revenue
Other current liabilities	-0.22	4.48	3.57	2.95	-0.14	-0.04	1.37
Total non-current liabilities +	9.22	4.00	2.52	2.43	1.64	1.74	0.70
Long-term debt	3.29	3.23	1.94	1.95	1.57	1.57	0.66
Capital lease obligations	0.18	0.18	0.18	0.17	0.09	0.10	0.00
Other non-current liabilities				2.43	1.95
Total liabilities	9.31	8.55	6.27	5.57	4.86	4.46	2.13

Total stockholders' equity +	0.65	1.10	0.98	0.82	0.59	0.07	0.06
Common stock and paid-in capital	0.53	0.98	0.87	0.76	0.60	0.31	0.24
Retained earnings	0.12	0.12	0.11	0.05	-0.01	-0.24	-0.17
Common shares outstanding	279	276	272	270	106	106	106

Show Quarterly Balance Sheet

	Mar-26	Dec-25	Sep-25	Jun-25	Mar-25	Dec-24	Sep-24	Jun-24	Mar-24	Dec-23	Sep-23	Jun-23	Mar-23	Dec-22	Sep-22	Jun-22	Mar-22	Dec-21	Sep-21	Jun-21	Mar-21	Dec-20	Sep-20	Jun-20	Mar-20
Total cash and short-term investments +	0.15	0.16	0.16	0.18	0.21	0.54	0.24	0.61	0.67	0.84	0.75	0.97	0.70	0.99	0.83	0.87	0.71	0.39	0.41	0.31	0.16	0.31	0.00	0.00	0.05
Cash and cash equivalents	0.15	0.16	0.15	0.17	0.20	0.54	0.24	0.61	0.67	0.84	0.75	0.97	0.70	0.99	0.83	0.87	0.71	0.39	0.41	0.31	0.16	0.31			-0.05
Short-term investments			0.00	0.01	0.01																				0.10
Accounts receivable, net	0.57	0.49	4.23	5.03	4.35	0.39	0.33	0.38	0.30	0.29	0.24	0.30	0.23	0.23	0.19	3.06	0.19	0.21	0.17	0.21	0.16	0.18
Inventories							-0.07			0.00	-2.52	-3.33	-2.48	-2.61	-2.18	-5.66	-2.14	-4.80	-3.86	-4.62		-2.00
Other current assets	4.86		0.08	0.07	0.06	3.86	-0.57	-1.00	-0.96	3.20	2.59	3.39	2.53	2.67	2.18	2.84	2.14	2.41	1.94	2.33	1.83	2.00
Total current assets	5.58	0.65	4.46	5.28	4.62	4.79	4.02	5.12	4.22	4.34	3.59	4.66	3.47	3.89	3.20	1.12	3.04	3.01	2.53	2.84	2.15	2.49			0.05
Total non-current assets +	5.43	9.92	5.39	5.34	5.27	4.86	4.46	3.15	2.90	2.91	2.84	2.58	2.58	2.49	2.49	2.03	2.45	2.45	2.33	1.97	2.00	2.04			-0.05
Property, plant and equipment, net											0.16	0.17	0.03	0.03	0.02	0.02	0.01	0.10	0.02	0.10	0.11
Goodwill	3.22	3.23	3.13	3.09	3.02	2.65	2.34	1.81	1.65	1.65	1.58	1.38	1.38	1.31	1.31	1.31	1.31	1.31	1.22	1.22	1.22	1.22
Intangible assets	0.13	0.12	1.62	1.64	1.65	0.08	1.35	0.67	0.59	0.61	0.59	0.49	0.51	0.49	0.50	0.52	0.55	0.57	0.53	0.55	0.58	0.60
Long-term investments	0.12	0.11	0.10	0.10	0.07	0.07	0.06	0.06	0.06	0.05	0.05	0.04	0.04	0.04	0.04	0.04	0.04	0.05	0.05	0.05	0.05	0.05
Other non-current assets
Total assets	11.01	10.56	9.85	10.63	9.89	9.65	8.48	8.27	7.12	7.25	6.43	7.24	6.05	6.38	5.69	6.44	5.49	5.46	4.86	4.81	4.15	4.53

Total current liabilities +	5.46	0.09	0.54	0.65	0.38	4.55	3.97	4.70	3.68	3.74	2.98	3.83	2.77	3.13	2.52	0.05	2.51	2.92	2.36	2.85	2.15	2.47
Accounts payable		0.22	0.20	0.17	0.18	0.19	0.18	0.11	0.17	0.13	0.10	0.09	0.06	0.09	0.07	0.07	0.08	0.08	0.05	0.05	0.06	0.07
Short-term debt	0.06	0.09	0.07	0.09	0.06	0.07	0.05	0.05	0.06	0.06	0.06	0.05	0.04	0.05	0.05	0.05	0.04	0.04	0.05	0.04	0.04	0.04
Current portion of long-term debt	0.04	0.06	0.04	0.06	0.04	0.05	0.03	0.03	0.04	0.04	0.04	0.03	0.02	0.03	0.03	0.03	0.02	0.02	0.03	0.02	0.02	0.02
Deferred revenue
Other current liabilities	5.39	-0.22	0.47	0.56	0.33	4.48	3.73	4.53	3.44	3.56	2.83	3.69	2.66	2.99	2.40	-0.05	2.38	2.79	2.27	2.75	2.05	2.36
Total non-current liabilities +	4.34	9.22	8.08	8.80	8.45	4.00	3.41	2.50	2.46	2.52	2.50	2.46	2.43	2.43	2.41	0.05	2.36	1.95	1.93	1.73	1.74	1.74
Long-term debt	3.53	3.29	3.35	3.41	3.65	3.23	2.65	1.94	1.94	1.94	1.95	1.95	1.95	1.95	1.95	1.96	1.96	1.57	1.57	1.57	1.57	1.57
Capital lease obligations	0.17	0.18	0.18	0.18	0.18	0.18	0.17	0.17	0.17	0.18	0.18	0.18	0.17	0.17	0.15	0.14	0.11	0.09	0.09	0.10	0.10	0.10
Other non-current liabilities													0.48	2.43	0.46	0.44	0.40	1.95	0.36	0.16
Total liabilities	9.79	9.31	8.62	9.44	8.83	8.55	7.38	7.20	6.14	6.27	5.48	6.29	5.20	5.57	4.93	5.74	4.86	4.86	4.29	4.57	3.89	4.21

Total stockholders' equity +	0.64	0.65	0.63	0.61	0.54	0.63	0.63	0.61	0.55	0.56	0.54	0.56	0.51	0.48	0.44	0.41	0.37	0.34	0.33	0.23	0.26	0.32			0.06
Common stock and paid-in capital	0.52	0.53	0.50	0.49	0.46	0.50	0.51	0.48	0.47	0.45	0.45	0.46	0.44	0.42	0.41	0.38	0.37	0.35	0.35	0.60	0.67	0.67	0.00	0.00	0.06
Retained earnings	0.12	0.12	0.13	0.12	0.08	0.12	0.12	0.12	0.09	0.11	0.09	0.10	0.07	0.05	0.04	0.02	0.00	-0.01	-0.02	-0.37	-0.42	-0.35
Common shares outstanding	130	279	273	274	126	291	273	271	270	121	116	124	111	268	266	120	264	114	105	106	106	106	106	106	106

about 13 hours ago

Ask a follow up

	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19
Operating cash flow +	0.64	0.51	0.48	0.34	0.27	0.14	0.15
Net income
Depreciation, depletion and amortization	0.29	0.17	0.12	0.11	0.11	0.07	0.05
Stock-based compensation	0.04	0.08	0.07	0.08	0.07	0.01	0.01
Change in inventory
Other working capital changes	0.32	0.27	0.29	0.15	0.09	0.06	0.09
Cash flow from investing +	-0.83	-1.76	-0.48	-0.02	-0.46	-0.87	-0.17
Capital expenditures	-0.07	-0.05	-0.03	-0.02	-0.01	-0.01	-0.01
Others incl. marketable securities changes	-0.77	-1.71	-0.45	-0.01	-0.45	-0.85	-0.17
Cash flow from financing +	0.08	1.17	-0.01	0.31	0.43	0.99	0.06
Dividend payout	-0.06	-0.08	-0.07	-0.04	-0.05	-0.05	-0.07
Common stock repurchases	0.00	-0.03	-0.01	-0.01	-1.05	-0.05	0.00
Net Debt Issuance	0.14	1.27	0.07	0.36	1.52	1.09	0.14

Change in cash	-0.11	-0.07	-0.01	0.63	0.24	0.26	0.04
Change in exchange rate					0.00

Show Quarterly Cash Flow

	Mar-26	Dec-25	Sep-25	Jun-25	Mar-25	Dec-24	Sep-24	Jun-24	Mar-24	Dec-23	Sep-23	Jun-23	Mar-23	Dec-22	Sep-22	Jun-22	Mar-22	Dec-21	Sep-21	Jun-21	Mar-21	Dec-20	Sep-20	Jun-20	Mar-20
Operating cash flow +	-0.17	0.26	0.17	0.35	-0.14	0.26	0.10	0.27	-0.12	0.23	0.11	0.30	-0.16	0.18	-0.01	0.23	-0.07	0.12	0.05	0.18	-0.07	0.13	-0.07	0.10	-0.03
Net income
Depreciation, depletion and amortization	0.07	0.08	0.07	0.07	0.07	0.06	0.04	0.03	0.03	0.03	0.04	0.04	0.04	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.02	0.01	0.01
Stock-based compensation	0.02	0.02	0.01	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.01	0.02	0.02	0.02	0.02	0.02	0.02	0.04	0.04	0.00	0.00	0.00	0.00	0.00	0.00
Change in inventory
Other working capital changes	-0.25	0.16	0.08	0.26	-0.23	0.18	0.04	0.22	-0.16	0.18	0.06	0.25	-0.21	0.14	-0.06	0.18	-0.12	0.05	-0.02	0.15	-0.11	0.10	-0.08	0.09	-0.05
Cash flow from investing +	-0.01	-0.13	-0.09	-0.05	-0.57	-0.47	-1.05	-0.23	-0.01	-0.09	-0.27	0.00	-0.10	-0.01	0.00	0.00	0.00	-0.11	-0.35	0.00	0.00	-0.01	-0.81	0.00	-0.04
Capital expenditures	-0.01	-0.02	-0.01	-0.02	-0.02	-0.02	-0.01	-0.01	-0.01	-0.01	-0.01	0.00	0.00	0.00	-0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.01
Others incl. marketable securities changes	0.00	-0.11	-0.07	-0.03	-0.56	-0.45	-1.04	-0.21	0.00	-0.08	-0.26	0.00	-0.10	-0.01	0.00	0.00	0.00	-0.11	-0.34	0.00	0.00	-0.01	-0.81	0.00	-0.03
Cash flow from financing +	0.09	0.07	-0.23	-0.10	0.34	0.54	0.55	0.08	-0.01	0.02	-0.18	0.18	-0.03	0.05	-0.12	0.07	0.31	0.08	0.37	0.12	-0.14	-0.02	0.98	-0.07	0.10
Dividend payout	-0.02	-0.02	-0.02	-0.05	-0.02	-0.01	-0.01	-0.01	-0.04	-0.02	-0.02	-0.03	0.00	-0.01	-0.01	-0.03	0.00	0.00	0.00	-0.02	-0.02	0.00	-0.03	0.00	-0.01
Common stock repurchases	-0.04	0.00	0.00	-0.01	0.00	-0.01	-0.01	0.00	0.00	0.00	-0.01	0.00	0.00	0.00	-0.01	0.00	0.00	-0.01	-1.04	0.00	0.00	-0.01	-0.01	-0.01	-0.03
Net Debt Issuance	0.14	0.09	-0.21	-0.04	0.35	0.56	0.58	0.10	0.03	0.04	-0.16	0.22	-0.03	0.06	-0.11	0.10	0.31	0.09	1.41	0.15	-0.11	-0.01	1.02	-0.07	0.15

Change in cash	-0.09	0.21	-0.15	0.21	-0.38	0.33	-0.40	0.12	-0.13	0.15	-0.35	0.48	-0.29	0.23	-0.14	0.30	0.24	0.09	0.07	0.30	-0.22	0.10	0.10	0.02	0.03
Change in exchange rate																	0.00

about 13 hours ago

Ask a follow up

RYAN SPECIALTY HOLDINGS, INC.

Income Statement - RYAN SPECIALTY HOLDINGS, INC. (RYAN)

Income Statement - RYAN SPECIALTY HOLDINGS, INC. (RYAN)

Balance Sheet - RYAN SPECIALTY HOLDINGS, INC. (RYAN)

Balance Sheet - RYAN SPECIALTY HOLDINGS, INC. (RYAN)

Cash Flow - RYAN SPECIALTY HOLDINGS, INC. (RYAN)

Cash Flow - RYAN SPECIALTY HOLDINGS, INC. (RYAN)