Willis Towers Watson (WTW) Operating Expenses (2009 - 2026)

Willis Towers Watson has reported Operating Expenses for 18 years, with the latest figure at $2.0 billion in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 9.66% year-over-year to $2.0 billion; the trailing twelve-month figure through Mar 2026 stood at $7.6 billion (down 15.34% YoY), and the FY2025 full-year result was $7.5 billion, down 19.66% from the prior year.
• Operating Expenses for Q1 2026 stood at $2.0 billion, up from $1.9 billion in the prior quarter.
• The five-year high for Operating Expenses was $3.1 billion in Q3 2024, with the low at $1.8 billion in Q1 2025.
• Historically, Operating Expenses has averaged $2.0 billion across 5 years, with a median of $2.0 billion in 2022.
• Annual changes were most pronounced in 2022 — Operating Expenses surged 113.66% — and 2025, when it tumbled 38.79%.
• Willis Towers Watson's Operating Expenses stood at $2.0 billion in 2022, then rose by 6.01% to $2.1 billion in 2023, then decreased by 0.05% to $2.1 billion in 2024, then slipped by 10.03% to $1.9 billion in 2025, then grew by 2.29% to $2.0 billion in 2026.
• The last three Operating Expenses figures came in at $2.0 billion (Q1 2026), $1.9 billion (Q4 2025), and $1.9 billion (Q3 2025), per Business Quant data.