Aon revenue and financials
$272.85Change from previous close: +0.29%Absolute change: +$0.80
In the fiscal year ended December 2025, Aon reported revenue of $17.18B (+9.45% year over year). Net income was $3.7B, a net margin of 21.5%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +9.45%
- 2025 vs 2024
- Net income growth
- +39.22%
- 2025 vs 2024
- Net margin
- 21.5%
- 2024: 16.9%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 4,246 | 5,034 | 4,300 | 3,997 | 4,155 | 4,729 | 4,147 | 3,721 | 3,760 | 4,070 | 3,375 | 2,953 |
| Cost of revenue | 2,286 | 2,408 | 2,139 | 2,280 | 2,381 | 2,272 | 2,133 | 2,164 | 2,141 | 1,893 | 1,691 | 1,703 |
| Gross profit | 1,960 | 2,626 | 2,161 | 1,717 | 1,774 | 2,457 | 2,014 | 1,557 | 1,619 | 2,177 | 1,684 | 1,250 |
| Selling, general and administrative | 741 | 624 | 580 | 663 | 594 | 635 | 568 | 623 | 574 | 528 | 729 | 509 |
| Operating income | 996 | 1,804 | 1,348 | 814 | 932 | 1,577 | 1,214 | 713 | 872 | 1,589 | 888 | 679 |
| EBIT | 996 | 1,804 | 1,348 | 814 | 932 | 1,577 | 1,214 | 713 | 872 | 1,589 | 888 | 679 |
| EBITDA | 1,219 | 2,002 | 1,581 | 1,054 | 1,180 | 1,822 | 1,455 | 934 | 1,045 | 1,649 | 893 | 741 |
| Interest expense | 179 | 179 | 191 | 206 | 212 | 206 | 206 | 213 | 225 | 144 | 124 | 119 |
| Pre-tax income | 724 | 1,553 | 2,209 | 597 | 703 | 1,250 | 891 | 449 | 698 | 1,424 | 609 | 560 |
| Income tax | 159 | 314 | 505 | 127 | 109 | 268 | 157 | 94.0 | 160 | 331 | 102 | 93.0 |
| Net income | 551 | 1,212 | 1,693 | 458 | 579 | 965 | 716 | 343 | 524 | 1,071 | 498 | 456 |
| Net income to common shareholders | 551 | 1,212 | 1,693 | 458 | 579 | 965 | 716 | 343 | 524 | 1,071 | 498 | 456 |
| Basic EPS | 2.58 | 5.66 | 7.87 | 2.12 | 2.68 | 4.46 | 3.31 | 1.58 | 2.47 | 5.38 | 2.49 | 2.25 |
| Diluted EPS | 2.58 | 5.63 | 7.82 | 2.11 | 2.66 | 4.43 | 3.28 | 1.57 | 2.46 | 5.35 | 2.47 | 2.23 |
| Average shares (basic) | 213 | 214 | 215 | 216 | 216 | 216 | 217 | 217 | 213 | 199 | 200 | 203 |
| Average shares (diluted) | 214 | 215 | 217 | 217 | 217 | 218 | 218 | 218 | 213 | 200 | 202 | 205 |
| Dividend per share | 0.82 | 0.75 | 0.75 | 0.75 | 0.75 | 0.68 | 0.68 | 0.68 | 0.68 | 0.62 | 0.62 | 0.62 |
