Aon AON
NYSE AON
$354.05 +2.12 (+0.60%)
As of: Aug 21, 2026 · 2:49 PM EDT

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
DateValue
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