Filing Flows › Aon (AON) › Q2 2026 › vs Q2 2025
Aon (AON) Q2 2026 vs Q2 2025 (year over year)
Aon's revenue rose $91.0M (+2%) from $4.2B in Q2 2025 to $4.2B in Q2 2026. Operating margin 21.5% against 20.7% (+0.9 pts).
Aon, Q2 2026: revenue $4.2B (+2% year over year), operating margin 21.5%, net earnings $551M, operating cash flow $556M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 21.5% | 20.7% | +0.9 pts |
| Net margin | 13.0% | 13.9% | -1.0 pts |
| Free cash flow margin | 11.4% | 17.6% | -6.2 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $4.2B | $4.2B | $91.0M | +2% |
| Operating profit | $915M | $859M | $56.0M | +7% |
| Costs & expenses | $3.3B | $3.3B | $35.0M | +1% |
| Pre-tax earnings | $724M | $703M | $21.0M | +3% |
| Other expense, net | $191M | $156M | $35.0M | +22% |
| Net earnings | $551M | $579M | −$28.0M | -5% |
| Minority interests | $14.0M | $15.0M | −$1.0M | -7% |
| Income tax | $159M | $109M | $50.0M | +46% |
| Depreciation | $49.0M | $47.0M | $2.0M | +4% |
| Share-based compensation | $122M | $119M | $3.0M | +3% |
| Working capital & other | $166M | −$51.0M | $217M | — |
| Operating cash flow | $556M | $796M | −$240M | -30% |
| Free cash flow (OCF − capex) | $483M | $732M | −$249M | -34% |
| Capital expenditures | $73.0M | $64.0M | $9.0M | +14% |
Questions
How much did Aon's revenue grow year over year in Q2 2026?
Aon's revenue rose $91.0M (+2%) from $4.2B in Q2 2025 to $4.2B in Q2 2026. Operating margin 21.5% against 20.7% (+0.9 pts).