Ryan Specialty Group Holdings Inc
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Ryan Specialty Group Holdings Inc (RYAN). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Operating And Reporting Segment | $1.71B 100.0% | $2.03B 100.0% · +18.4% | $2.46B 100.0% · +21.2% | $2.99B 100.0% · +21.9% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Revenue by region
| Segment | 2022 | 2025 |
|---|---|---|
| United States | $1.68B 97.2% | $2.86B 93.9% · +70.9% |
| Foreign | $49.2M 2.8% | $186.9M 6.1% · +280.2% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Revenue by product line
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Wholesale brokerage [Member] | $673.1M 66.2% | $932.0M 65.1% · +38.5% | $1.13B 66.0% · +21.2% | $1.32B 65.1% · +16.8% | $1.49B 60.6% · +12.9% | $1.60B 53.4% · +7.5% |
| Underwriting management [Member] | $198.8M 19.5% | $290.6M 20.3% · +46.2% | $351.6M 20.5% · +21.0% | $431.6M 21.3% · +22.8% | $646.2M 26.3% · +49.7% | $1.02B 34.2% · +58.5% |
| Binding authorities [Member] | $144.8M 14.2% | $209.6M 14.6% · +44.7% | $231.0M 13.5% · +10.2% | $276.0M 13.6% · +19.4% | $320.4M 13.0% · +16.1% | $370.2M 12.4% · +15.5% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 11, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.