Aon (AON) Research & Development (2016 - 2026)

Aon's (AON) quarterly Research & Development came in at $144.0 million in Q1 2026, up 5.88% year-on-year from $136.0 million in Q1 2025, and down 7.69% quarter-over-quarter from $156.0 million in Q4 2025.

Aon (AON) Research & Development (2016 - 2026) Analysis & Trends

Aon's Research & Development history runs 11 years deep, the most recent figure standing at $144.0 million for Q1 2026.

  • On a quarterly basis, Research & Development rose 5.88% year-over-year to $144.0 million in Q1 2026; TTM through Mar 2026 was $576.0 million, a 4.54% increase from a year earlier, with the FY2025 full-year figure at $568.0 million, up 5.38% from the prior year.
  • Research & Development declined to $144.0 million in Q1 2026 per AON's latest filing, from $156.0 million in the prior quarter.
  • Across five years, Research & Development topped out at $156.0 million in Q4 2025 and bottomed at $115.0 million in Q2 2022.
  • The 5-year median for Research & Development is $136.0 million (2025), against an average of $134.9 million.
  • Across the five-year window, Research & Development advanced 16.95% in 2022 and slipped 10.79% in 2024, its largest moves.
  • Year by year, Research & Development stood at $138.0 million in 2022, then fell by 5.07% to $131.0 million in 2023, then climbed by 8.4% to $142.0 million in 2024, then increased by 9.86% to $156.0 million in 2025, then dropped by 7.69% to $144.0 million in 2026.
  • Per Business Quant, the three latest AON Research & Development figures stand at $144.0 million (Q1 2026), $156.0 million (Q4 2025), and $140.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Marsh & Mclennan Companies 84.27 Bn 72.32 Bn 6.04 Bn -
2 Aon 75.99 Bn 74.60 Bn - 144.00 Mn
3 Arthur J. Gallagher 62.23 Bn 60.85 Bn - -
4 Willis Towers Watson 27.24 Bn 25.46 Bn 1.98 Bn -
5 Brown & Brown 23.60 Bn 22.62 Bn 1.61 Bn -
6 Neptune Insurance Holdings 4.12 Bn 4.11 Bn 26.44 Mn -
7 Accelerant Holdings 3.06 Bn 1.55 Bn 48.00 Mn -
8 Corvel 3.03 Bn 2.68 Bn 54.92 Mn -
9 Baldwin Insurance 2.43 Bn 2.87 Bn - -
10 Goosehead Insurance 1.31 Bn 1.20 Bn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 144.00 Mn
Dec 31, 2025 156.00 Mn
Sep 30, 2025 140.00 Mn
Jun 30, 2025 136.00 Mn
Mar 31, 2025 136.00 Mn
Dec 31, 2024 142.00 Mn
Sep 30, 2024 141.00 Mn
Jun 30, 2024 132.00 Mn
Mar 31, 2024 124.00 Mn
Dec 31, 2023 131.00 Mn
Sep 30, 2023 135.00 Mn
Jun 30, 2023 129.00 Mn
Mar 31, 2023 139.00 Mn
Dec 31, 2022 138.00 Mn
Sep 30, 2022 133.00 Mn
Jun 30, 2022 115.00 Mn
Mar 31, 2022 123.00 Mn
Dec 31, 2021 118.00 Mn
Sep 30, 2021 130.00 Mn
Jun 30, 2021 115.00 Mn