Filing Flows › Aon (AON) › Q3 2026
Aon (AON) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 28, 2026
Aon (AON) reported revenue of $4.1B for the third quarter 2026 (Q3 2026), +3% from a year earlier and -3% from the quarter before. Operating margin was 19.7%, net earnings $476M (11.6% of revenue).
Aon, Q3 2026: revenue $4.1B (+3% year over year), operating margin 19.7%, net earnings $476M, operating cash flow $1.2B. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.1B | -3% | +3% |
| Operating profit | $809M | -12% | -0.9% |
| Net earnings | $476M | -14% | +4% |
| Operating cash flow | $1.2B | +114% | +4% |
| Free cash flow | $1.1B | — | +2% |
What changed
Revenue was $4.1B in Q3 2026, up 3% year over year and down 3% from the previous quarter.
Operating profit was $0.81B, a 19.7% margin (down 0.7 points year over year). Operating profit fell $0.01B even though revenue rose $0.10B versus Q3 2025, so costs grew faster than sales. Total costs grew 3% against revenue growth of 3%. Net earnings were $0.48B, up 4% year over year. The effective tax rate was 20.6%.
Operating cash flow was $1.2B (up 4% year over year), 245% of net income including minority interests. Non-cash charges added back $0.05B of depreciation and $0.10B of share-based compensation. Working capital and other items added $0.55B. After capital Expenditures ($0.09B), free cash flow as the company reports it was $1.1B.
Questions
What was Aon's revenue in the third quarter 2026?
Aon (AON) reported revenue of $4.1B for the third quarter 2026 (Q3 2026), +3% from a year earlier and -3% from the quarter before.
Was Aon profitable in the third quarter 2026?
Operating profit was $809M (19.7% of revenue) and net earnings $476M.
Source: Aon 10-Q on SEC EDGAR.