Filing Flows › Aon (AON) › Q3 2026 › vs Q2 2026
Aon (AON) Q3 2026 vs Q2 2026 (quarter over quarter)
Aon's revenue fell $145M (-3%) from $4.2B in Q2 2026 to $4.1B in Q3 2026. Operating margin 19.7% against 21.5% (-1.8 pts).
Aon, Q3 2026: revenue $4.1B (+3% year over year), operating margin 19.7%, net earnings $476M, operating cash flow $1.2B. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 19.7% | 21.5% | -1.8 pts |
| Net margin | 11.6% | 13.0% | -1.4 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $4.1B | $4.2B | −$145M | -3% |
| Operating profit | $809M | $915M | −$106M | -12% |
| Costs & expenses | $3.3B | $3.3B | −$39.0M | -1% |
| Pre-tax earnings | $612M | $724M | −$112M | -15% |
| Other expense, net | $197M | $191M | $6.0M | +3% |
| Net earnings | $476M | $551M | −$75.0M | -14% |
| Minority interests | $10.0M | $14.0M | −$4.0M | -29% |
| Income tax | $126M | $159M | −$33.0M | -21% |
| Depreciation | $49.0M | $49.0M | $0 | 0% |
| Share-based compensation | $104M | $122M | −$18.0M | -15% |
| Working capital & other | $562M | −$166M | $728M | — |
| Operating cash flow | $1.2B | $556M | $635M | +114% |
Questions
How much did Aon's revenue grow quarter over quarter in Q3 2026?
Aon's revenue fell $145M (-3%) from $4.2B in Q2 2026 to $4.1B in Q3 2026. Operating margin 19.7% against 21.5% (-1.8 pts).