Aon (AON) Research & Development (2016 - 2026)
Aon's 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 has reported Research & Development for 11 years, with the latest figure at $144.0 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 5.88% year-over-year to $144.0 million; the trailing twelve-month figure through Mar 2026 stood at $576.0 million (up 4.54% YoY), and the FY2025 full-year result was $568.0 million, up 5.38% from the prior year.
- Research & Development for Q1 2026 stood at $144.0 million, down from $156.0 million in the prior quarter.
- The five-year high for Research & Development was $156.0 million in Q4 2025, with the low at $115.0 million in Q2 2022.
- Average Research & Development over 5 years is $134.9 million, with a median of $136.0 million recorded in 2025.
- Year-over-year, Research & Development advanced 16.95% in 2022 and slipped 10.79% in 2024.
- Tracing AON's Research & Development over 5 years: 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 declined by 7.69% to $144.0 million in 2026.
- The last three Research & Development figures came in at $144.0 million (Q1 2026), $156.0 million (Q4 2025), and $140.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Aon | 69.60 Bn | 68.21 Bn | - | 144.00 Mn |
| 2 | Arthur J. Gallagher | 52.64 Bn | 51.26 Bn | - | - |
| 3 | Willis Towers Watson | 24.45 Bn | 22.68 Bn | 1.98 Bn | - |
| 4 | Brown & Brown | 19.37 Bn | 18.39 Bn | 1.61 Bn | - |
| 5 | XChange TEC.INC | 6.95 Bn | 6.95 Bn | - | - |
| 6 | Accelerant Holdings | 3.83 Bn | 2.32 Bn | 48.00 Mn | - |
| 7 | Corvel | 3.22 Bn | 2.87 Bn | 54.92 Mn | - |
| 8 | Baldwin Insurance | 1.84 Bn | 2.28 Bn | - | - |
| 9 | Goosehead Insurance | 1.01 Bn | 899.53 Mn | - | - |
| 10 | Twfg | 279.02 Mn | 351.22 Mn | - | - |
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 |
| Mar 31, 2021 | 114.00 Mn |
| Dec 31, 2020 | 119.00 Mn |
| Sep 30, 2020 | 107.00 Mn |
| Jun 30, 2020 | 107.00 Mn |
| Mar 31, 2020 | 111.00 Mn |
| Dec 31, 2019 | 131.00 Mn |
| Sep 30, 2019 | 120.00 Mn |
| Jun 30, 2019 | 126.00 Mn |
| Mar 31, 2019 | 117.00 Mn |
| Dec 31, 2018 | 121.00 Mn |
| Sep 30, 2018 | 125.00 Mn |
| Jun 30, 2018 | 123.00 Mn |
| Mar 31, 2018 | 115.00 Mn |
| Dec 31, 2017 | 124.00 Mn |
| Sep 30, 2017 | 109.00 Mn |
| Jun 30, 2017 | 98.00 Mn |
| Mar 31, 2017 | 88.00 Mn |
| Dec 31, 2016 | 105.00 Mn |
| Sep 30, 2016 | 99.00 Mn |
| Jun 30, 2016 | 99.00 Mn |
| Mar 31, 2016 | 83.00 Mn |