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Willis Towers Watson (WTW) Cost of Revenue (2016 - 2025)

Willis Towers Watson (WTW) has disclosed Cost of Revenue for 17 consecutive years, with $355.0 million as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Cost of Revenue fell 31.47% year-over-year to $355.0 million, compared with a TTM value of $1.4 billion through Dec 2025, down 23.19%, and an annual FY2025 reading of $1.4 billion, down 23.19% over the prior year.
  • Cost of Revenue was $355.0 million for Q4 2025 at Willis Towers Watson, up from $352.0 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $533.0 million in Q4 2023 and bottomed at $336.0 million in Q2 2025.
  • Average Cost of Revenue over 5 years is $419.6 million, with a median of $409.5 million recorded in 2021.
  • The sharpest move saw Cost of Revenue increased 23.38% in 2023, then crashed 31.47% in 2025.
  • Year by year, Cost of Revenue stood at $504.0 million in 2021, then dropped by 14.29% to $432.0 million in 2022, then rose by 23.38% to $533.0 million in 2023, then decreased by 2.81% to $518.0 million in 2024, then tumbled by 31.47% to $355.0 million in 2025.
  • Business Quant data shows Cost of Revenue for WTW at $355.0 million in Q4 2025, $352.0 million in Q3 2025, and $336.0 million in Q2 2025.