Aon (AON) Research & Development (2016 - 2026)
Aon (AON) posted Research & Development of $162.0 million for Q2 2026, up 12.5% on a QoQ basis from $144.0 million in Q1 2026, and up 19.12% year-over-year from $136.0 million in Q2 2025.
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Analysis
Aon (AON) Research & Development (2016 - 2026) Analysis & Trends
Aon has reported Research & Development for 11 years, with the latest figure at $162.0 million in Q2 2026.
- On a quarterly basis, Research & Development rose 19.12% year-over-year to $162.0 million in Q2 2026; TTM through Jun 2026 was $602.0 million, a 8.47% increase from a year earlier, with the FY2025 full-year figure at $568.0 million, up 5.38% from the prior year.
- Research & Development was $162.0 million for Q2 2026 at Aon, up from $144.0 million in the prior quarter.
- The five-year high for Research & Development was $162.0 million in Q2 2026, with the low at $115.0 million in Q2 2022.
- Average Research & Development over 5 years is $136.4 million, with a median of $136.0 million recorded in 2025.
- The sharpest annual moves came in 2024 and 2026: Research & Development decreased 10.79% in 2024, then grew 19.12% in 2026.
- Over 5 years, Research & Development stood at $138.0 million in 2022, then retreated by 5.07% to $131.0 million in 2023, then grew by 8.4% to $142.0 million in 2024, then rose by 9.86% to $156.0 million in 2025, then grew by 3.85% to $162.0 million in 2026.
- The last three Research & Development figures came in at $162.0 million (Q2 2026), $144.0 million (Q1 2026), and $156.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 83.52 Bn | 71.57 Bn | 6.04 Bn | - |
| 2 | Aon | 62.69 Bn | 61.45 Bn | - | 162.00 Mn |
| 3 | Arthur J. Gallagher | 61.32 Bn | 59.96 Bn | - | - |
| 4 | Willis Towers Watson | 28.79 Bn | 27.21 Bn | 2.09 Bn | - |
| 5 | Brown & Brown | 21.46 Bn | 20.56 Bn | 1.41 Bn | - |
| 6 | XChange TEC.INC | 12.72 Bn | 12.72 Bn | - | - |
| 7 | Erie Indemnity | 11.04 Bn | 10.70 Bn | - | - |
| 8 | Ryan Specialty Holdings | 10.28 Bn | 10.64 Bn | - | - |
| 9 | Hagerty | 4.78 Bn | 4.92 Bn | 244.11 Mn | - |
| 10 | Baldwin Insurance | 4.45 Bn | 4.80 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 162.00 Mn |
| 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 |
API Access
Aon Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=AON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "AON", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=AON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();