Willis Towers Watson (WTW) Cost of Revenue (2009 - 2026)

Willis Towers Watson has reported Cost of Revenue for 18 years, with the latest figure at $385.0 million in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue rose 5.48% year-over-year to $385.0 million; the trailing twelve-month figure through Mar 2026 stood at $1.4 billion (down 17.98% YoY), and the FY2025 full-year result was $1.4 billion, down 23.19% from the prior year.
• Cost of Revenue for Q1 2026 stood at $385.0 million, up from $355.0 million in the prior quarter.
• The five-year high for Cost of Revenue was $533.0 million in Q4 2023, with the low at $336.0 million in Q2 2025.
• Historically, Cost of Revenue has averaged $419.8 million across 5 years, with a median of $419.0 million in 2024.
• Annual changes were most pronounced in 2023 — Cost of Revenue gained 23.38% — and 2025, when it slumped 31.47%.
• Willis Towers Watson's Cost of Revenue stood at $432.0 million in 2022, then grew by 23.38% to $533.0 million in 2023, then slipped by 2.81% to $518.0 million in 2024, then plunged by 31.47% to $355.0 million in 2025, then increased by 8.45% to $385.0 million in 2026.
• The last three Cost of Revenue figures came in at $385.0 million (Q1 2026), $355.0 million (Q4 2025), and $352.0 million (Q3 2025), per Business Quant data.