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| Date | Value |
|---|---|
| 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 |