What changed in Ryan Specialty Holdings, Inc.'s latest annual report
In the year ended 31 Dec 2025, Ryan Specialty Holdings, Inc.'s revenue rose 21.9% to USD 2.99bn, from USD 2.46bn; net income fell 33% to USD 63.40m, from USD 94.67m; cash and cash equivalents fell 70.7% to USD 158.32m, from USD 540.20m.
Year ended 31 Dec 2025. Source: 10-K filed 13 Feb 2026, read it on SEC EDGAR.
USD 2.46bn to USD 2.99bn
The figures, year on year
| Item | Year before | Latest year | Change |
|---|---|---|---|
| Revenue | 2.46bn | 2.99bn | Up 21.9% |
| Net income | 94.67m | 63.40m | Down 33% |
| Total assets | 9.65bn | 10.56bn | Up 9.5% |
| Total liabilities | 8.55bn | 9.31bn | Up 8.9% |
| Long-term debt | 3.23bn | 3.29bn | Up 1.9% |
| Cash and cash equivalents | 540.20m | 158.32m | Down 70.7% |
| Shareholders' equity | 627.66m | 648.07m | Up 3.3% |
Questions people ask
Did Ryan Specialty Holdings, Inc.'s revenue grow last year?
Revenue grew 21.9%, from USD 2.46bn to USD 2.99bn in the year ended 31 Dec 2025.
Is Ryan Specialty Holdings, Inc. profitable?
Yes. Net income was USD 63.40m in the year ended 31 Dec 2025. The year before: USD 94.67m.
How much cash and debt does Ryan Specialty Holdings, Inc. have?
At its latest year end (31 Dec 2025), Ryan Specialty Holdings, Inc. reported cash and cash equivalents of USD 158.32m and long-term debt of USD 3.29bn.
Where do these numbers come from?
From Ryan Specialty Holdings, Inc.'s own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.
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