Arthur J. Gallagher (AJG) Operating Expenses (2009 - 2026)

Arthur J. Gallagher (AJG) has 18 years of Operating Expenses data on file, last reported at $3.7 billion in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 658.16% year-over-year to $3.7 billion; the trailing twelve-month figure through Mar 2026 stood at $7.9 billion (up 38.08% YoY), and the FY2025 full-year result was $2.3 billion, down 76.67% from the prior year.
• Operating Expenses for Q1 2026 stood at $3.7 billion, up from $667.5 million in the prior quarter.
• Across five years, Operating Expenses topped out at $3.7 billion in Q1 2026 and bottomed at $321.5 million in Q3 2022.
• The 5-year median for Operating Expenses is $519.3 million (2025), against an average of $1.3 billion.
• Peak annual rise in Operating Expenses reached 714.07% in 2022, while the deepest fall reached 81.07% in 2022.
• A 5-year view of Operating Expenses shows it stood at $368.2 million in 2022, then jumped by 582.86% to $2.5 billion in 2023, then declined by 5.23% to $2.4 billion in 2024, then sank by 71.99% to $667.5 million in 2025, then jumped by 456.55% to $3.7 billion in 2026.
• The last three Operating Expenses figures came in at $3.7 billion (Q1 2026), $667.5 million (Q4 2025), and $3.0 billion (Q3 2025), per Business Quant data.

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