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

Arthur J. Gallagher has reported Operating Expenses for 18 years, with the latest figure 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.
• The five-year high for Operating Expenses was $3.7 billion in Q1 2026, with the low at $321.5 million in Q3 2022.
• Historically, Operating Expenses has averaged $1.3 billion across 5 years, with a median of $519.3 million in 2025.
• The largest YoY upside for Operating Expenses was 714.07% in 2022 against a maximum downside of 81.07% in 2022.
• Arthur J. Gallagher's Operating Expenses stood at $368.2 million in 2022, then soared by 582.86% to $2.5 billion in 2023, then dropped by 5.23% to $2.4 billion in 2024, then slumped by 71.99% to $667.5 million in 2025, then soared 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.