Total Revenue

Increased by 18.7% (from $1,183M to $1,404M)

Overall revenue surged driven by exceptional recoveries in multiple segments—especially the dramatic rebound in Programs and the robust rise in Retail revenue—indicating that operational improvements and strategic segment performance in Q1 2026 built on the prior quarter’s lower base. " "

Retail Revenue

Increased by approximately 42% (from $636M to $907M)

The Retail segment outperformed with a dramatic 42% increase, reflecting strong consumer demand and effective revenue initiatives that built on previously lower figures, likely due to timing or market conditions that have now improved significantly. " "

Programs Revenue

Increased by over 700% (from $39M to $328M)

A massive rebound in Programs revenue indicates a recovery from a very low base in Q4 2025; this turnaround suggests that favorable market conditions, net new business wins, and possibly adjusted revenue recognition practices contributed to a dramatic improvement. " "

Wholesale Brokerage Revenue

Increased by about 10% (from $144M to $159M)

The Wholesale Brokerage segment exhibited steady growth through improved underwriting and consistent commission revenue, reflecting the segment’s stable performance even while other segments experienced more dynamic changes. " "

United States Revenue

Increased by approximately 17% (from $1,004M to $1,174M)

United States revenue benefited from domestic market expansion and stronger core business performance, indicating that strategic initiatives and organic growth in the U.S. continued to build on prior periods’ momentum. " "

United Kingdom Revenue

Increased by about 2% (from $137M to $140M)

A modest 2% uplift in United Kingdom revenue shows only slight growth, suggesting that while the market remains stable, competitive pressures or market saturation may be limiting more rapid expansion compared to other regions. " "

Other Regions Revenue

Increased dramatically (from $17M to $90M)

Revenue from Other regions surged, likely due to new market penetration or successful regional expansion strategies that capitalized on previously untapped opportunities, resulting in an explosive growth relative to the much lower prior period figure. " "