---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-017896"
form_type: "8-K"
ticker: "RYAN"
cik: "0001849253"
company_name: "RYAN SPECIALTY HOLDINGS, INC."
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T23:00:32.140773+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Ryan Specialty Q1 revenue up 18.3% to $457.6M; net income doubles to $36.5M

## Summary
- Total revenue $457.6M (+18.3% YoY); organic growth 12.9%.
- Net income $36.5M (vs $18.1M), diluted EPS $0.11; adjusted diluted EPS $0.26 (+8.3%).
- Adjusted EBITDAC $125.0M (+16.5%), margin 27.3% vs 27.7% prior year.
- CEO notes broad-based growth led by Property in historically hard market.

## SEC filing metadata
- accession: 0000950170-23-017896
- form_type: 8-K
- ticker: RYAN
- cik: 0001849253
- company_name: RYAN SPECIALTY HOLDINGS, INC.
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1849253/000095017023017896/0000950170-23-017896-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849253/000095017023017896/ryan-20220331.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-017896
- JSON: https://secwatch.observer/filing/0000950170-23-017896.json
- Plain text: https://secwatch.observer/filing/0000950170-23-017896.txt

## Key facts
- Earnings Releases
  RYAN SPECIALTY HOLDINGS, INC. reported first quarter ended March 31, 2023 results: revenue $457.6 million, net income $36.5 million, EPS $0.11 per diluted share.
  - Period: first quarter ended March 31, 2023
  - Revenue: $457.6 million
  - Net income: $36.5 million
  - EPS: $0.11 per diluted share
  - Result: reported results
  source text: set forth by specific reference in such filing. --- EX-99 (EX-99.1) --- EX-99 RYAN SPECIALTY REPORTS FIRST QUARTER 2023 RESULTS - Total Revenue grew 18.3% year-over-year to $457.6 million - - Organic Revenue Growth Rate of 12.9% year-over-year - - Net Income of $36.5 million, or $0.11 per diluted share - - Adjusted EBITDAC grew 16.5% year-over-year to $125.0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849253/000095017023017896/0000950170-23-017896-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.