Aon (AON) Operating Expenses (2009 - 2026)
Aon's quarterly Operating Expenses came in at $3.3 billion in Q1 2026, up 1.56% year-on-year from $3.3 billion in Q1 2025, and up 7.34% quarter-over-quarter from $3.1 billion in Q4 2025.
Aon has reported Operating Expenses for 18 years, with the latest figure at $3.3 billion in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 1.56% year-over-year to $3.3 billion; the trailing twelve-month figure through Mar 2026 stood at $12.9 billion (up 2.89% YoY), and the FY2025 full-year result was $12.8 billion, up 8.21% from the prior year.
- Operating Expenses for Q1 2026 stood at $3.3 billion, up from $3.1 billion in the prior quarter.
- The five-year high for Operating Expenses was $3.3 billion in Q1 2026, with the low at $2.1 billion in Q3 2022.
- Average Operating Expenses over 5 years is $2.7 billion, with a median of $2.6 billion recorded in 2024.
- Year-over-year, Operating Expenses tumbled 39.88% in 2022 and surged 36.96% in 2024.
- Tracing AON's Operating Expenses over 5 years: stood at $2.1 billion in 2022, then grew by 22.57% to $2.6 billion in 2023, then grew by 17.72% to $3.1 billion in 2024, then advanced by 1.18% to $3.1 billion in 2025, then advanced by 7.34% to $3.3 billion in 2026.
- The last three Operating Expenses figures came in at $3.3 billion (Q1 2026), $3.1 billion (Q4 2025), and $3.2 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Aon | 69.60 Bn | 68.21 Bn | - | 3.32 Bn |
| 2 | Arthur J. Gallagher | 52.64 Bn | 51.26 Bn | - | 3.72 Bn |
| 3 | Willis Towers Watson | 24.45 Bn | 22.68 Bn | 1.98 Bn | 1.96 Bn |
| 4 | Brown & Brown | 19.37 Bn | 18.39 Bn | 1.61 Bn | 17.00 Mn |
| 5 | XChange TEC.INC | 6.95 Bn | 6.95 Bn | - | - |
| 6 | Accelerant Holdings | 3.83 Bn | 2.32 Bn | 48.00 Mn | 271.30 Mn |
| 7 | Corvel | 3.22 Bn | 2.87 Bn | 54.92 Mn | 22.68 Mn |
| 8 | Baldwin Insurance | 1.84 Bn | 2.28 Bn | - | 633.50 Mn |
| 9 | Goosehead Insurance | 1.01 Bn | 899.53 Mn | - | 78.08 Mn |
| 10 | Twfg | 279.02 Mn | 351.22 Mn | - | 60.49 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.32 Bn |
| Dec 31, 2025 | 3.09 Bn |
| Sep 30, 2025 | 3.18 Bn |
| Jun 30, 2025 | 3.30 Bn |
| Mar 31, 2025 | 3.27 Bn |
| Dec 31, 2024 | 3.06 Bn |
| Sep 30, 2024 | 3.10 Bn |
| Jun 30, 2024 | 3.10 Bn |
| Mar 31, 2024 | 2.61 Bn |
| Dec 31, 2023 | 2.60 Bn |
| Sep 30, 2023 | 2.26 Bn |
| Jun 30, 2023 | 2.34 Bn |
| Mar 31, 2023 | 2.40 Bn |
| Dec 31, 2022 | 2.12 Bn |
| Sep 30, 2022 | 2.11 Bn |
| Jun 30, 2022 | 2.28 Bn |
| Mar 31, 2022 | 2.30 Bn |
| Dec 31, 2021 | 2.11 Bn |
| Sep 30, 2021 | 3.50 Bn |
| Jun 30, 2021 | 2.21 Bn |
| Mar 31, 2021 | 2.28 Bn |
| Dec 31, 2020 | 2.25 Bn |
| Sep 30, 2020 | 1.94 Bn |
| Jun 30, 2020 | 1.90 Bn |
| Mar 31, 2020 | 2.19 Bn |
| Dec 31, 2019 | 2.36 Bn |
| Sep 30, 2019 | 2.02 Bn |
| Jun 30, 2019 | 2.19 Bn |
| Mar 31, 2019 | 2.27 Bn |
| Dec 31, 2018 | 2.27 Bn |
| Sep 30, 2018 | 2.09 Bn |
| Jun 30, 2018 | 2.58 Bn |
| Mar 31, 2018 | 2.29 Bn |
| Dec 31, 2017 | 2.31 Bn |
| Sep 30, 2017 | 2.08 Bn |
| Jun 30, 2017 | 2.50 Bn |
| Mar 31, 2017 | 2.05 Bn |
| Dec 31, 2016 | 2.01 Bn |
| Sep 30, 2016 | 1.83 Bn |
| Jun 30, 2016 | 1.90 Bn |
| Mar 31, 2016 | 1.86 Bn |
| Dec 31, 2015 | 630.00 Mn |
| Sep 30, 2015 | 2.33 Bn |
| Jun 30, 2015 | 2.53 Bn |
| Mar 31, 2015 | 2.41 Bn |
| Dec 31, 2014 | 2.66 Bn |
| Sep 30, 2014 | 2.46 Bn |
| Jun 30, 2014 | 2.47 Bn |
| Mar 31, 2014 | 2.48 Bn |
| Dec 31, 2013 | 2.69 Bn |
| Sep 30, 2013 | 2.43 Bn |
| Jun 30, 2013 | 2.52 Bn |
| Mar 31, 2013 | 2.51 Bn |
| Dec 31, 2012 | 2.65 Bn |
| Sep 30, 2012 | 2.40 Bn |
| Jun 30, 2012 | 2.43 Bn |
| Mar 31, 2012 | 2.44 Bn |
| Dec 31, 2011 | 2.56 Bn |
| Sep 30, 2011 | 2.40 Bn |
| Jun 30, 2011 | 2.37 Bn |
| Mar 31, 2011 | 2.36 Bn |
| Dec 31, 2010 | 2.47 Bn |
| Sep 30, 2010 | 1.54 Bn |
| Jun 30, 2010 | 1.63 Bn |
| Mar 31, 2010 | 1.63 Bn |
| Dec 31, 2009 | 1.83 Bn |
| Sep 30, 2009 | 1.60 Bn |
| Jun 30, 2009 | 1.66 Bn |
| Mar 31, 2009 | 1.48 Bn |