AJGArthur J. Gallagher & Co.

$55B

Q3 2025 Earnings

Financial Services Insurance - Brokers

Income Statement

Revenue

$3.4B+19.9% YoY

Gross Profit

$3.0B90.6% margin

Operating Income

$537M15.9% margin

Net Income

$273M8.1% margin

EPS (Diluted)

$1.05

QoQ Revenue Growth

+4.5%

Cash Flow

Operating Cash Flow

$731M

Free Cash Flow

$694M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$79.1B

Total Liabilities

$55.8B

Stockholders' Equity

$23.2B

Cash & Equivalents

$1.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.4B	$2.8B	+19.9%
Gross Profit	$3.0B	$1.1B	+166.4%
Operating Income	$537M	$481M	+11.6%
Net Income	$273M	$313M	-12.8%

Revenue Segments

Commissions

$1.9B57%

Brokerage Segment

$1.1B32%

Investment Performance

$167M5%

Supplemental Revenue Member

$118M4%

Contingent Revenue

$75M2%

Geographic Segments

UNITED STATES

$2.4B70%

UNITED KINGDOM

$513M15%

Other Foreign

$187M6%

AUSTRALIA

$151M4%

CANADA

$90M3%

NEW ZEALAND

$55M2%

AJG Q3 2025 Earnings — Arthur J. Gallagher & Co. Revenue & Financial Results | Market Cap Arena