Aon (AON) Operating Expenses (2009 - 2026)
Aon (AON) posted quarterly Operating Expenses of $3.3 billion for Q2 2026, up 1.06% year-over-year from $3.3 billion in Q2 2025, and little changed quarter-over-quarter from $3.3 billion in Q1 2026.
Aon (AON) Operating Expenses (2009 - 2026) Analysis & Trends
Aon's Operating Expenses history runs 18 years deep, the most recent figure standing at $3.3 billion for Q2 2026.
- In Q2 2026, Operating Expenses rose 1.06% year-over-year to $3.3 billion; the TTM figure through Jun 2026 stood at $12.9 billion (up 1.61% YoY), while the FY2025 annual figure was $12.8 billion, up 8.21% from the prior year.
- Operating Expenses for Q2 2026 stood at $3.3 billion, roughly flat from $3.3 billion in the prior quarter.
- The five-year high for Operating Expenses was $3.3 billion in Q2 2026, with the low at $2.1 billion in Q3 2022.
- The 5-year median for Operating Expenses is $2.8 billion (2024), against an average of $2.8 billion.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses slumped 39.88% in 2022, then surged 36.96% in 2024.
- Aon's Operating Expenses stood at $2.1 billion in 2022, then advanced by 22.57% to $2.6 billion in 2023, then advanced by 17.72% to $3.1 billion in 2024, then rose by 1.18% to $3.1 billion in 2025, then increased by 7.73% to $3.3 billion in 2026.
- Business Quant data shows AON's Operating Expenses at $3.3 billion in Q2 2026, $3.3 billion in Q1 2026, and $3.1 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | XChange TEC.INC | 266.92 Bn | 266.91 Bn | - | - |
| 2 | Marsh & Mclennan Companies | 92.00 Bn | 79.79 Bn | 6.04 Bn | 5.51 Bn |
| 3 | Aon | 75.60 Bn | 74.33 Bn | - | 3.33 Bn |
| 4 | Arthur J. Gallagher | 67.57 Bn | 66.18 Bn | - | 3.59 Bn |
| 5 | Willis Towers Watson | 32.09 Bn | 30.43 Bn | 2.09 Bn | 2.10 Bn |
| 6 | Brown & Brown | 23.93 Bn | 23.02 Bn | 1.41 Bn | 1.29 Bn |
| 7 | Erie Indemnity | 12.19 Bn | 11.84 Bn | - | 885.67 Mn |
| 8 | Neptune Insurance Holdings | 4.58 Bn | 4.56 Bn | - | 29.32 Mn |
| 9 | Accelerant Holdings | 4.28 Bn | 2.63 Bn | 285.20 Mn | 269.50 Mn |
| 10 | Corvel | 3.61 Bn | 3.26 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.33 Bn |
| 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 |