10-Q quarterly report · filed May 7, 2026

Arthur J. Gallagher & Co. (AJG) Q1 2026 10-Q Quarterly Report

Short answer

Arthur J. Gallagher & Co. (AJG) filed its Q1 2026 10-Q quarterly report on May 7, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $4.8B (up 27.6% year over year) with net income of $822M.

Q1 2026 key financials · XBRL

Revenue
$4.8B
+27.6% YoY
Net income
$822M
+16.7% YoY
EPS (diluted)
$3.16
+16.2% YoY

Source: XBRL data from the Arthur J. Gallagher & Co. (AJG) Q1 2026 10-Q on SEC EDGAR. USD.

Arthur J. Gallagher & Co. Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Total revenue $4,716M, up 28% YoY from $3,688M
  • Net earnings $823M vs $709M; diluted EPS $3.16 vs $2.72
  • Brokerage revenue $4,293M, up 30%; risk management revenue $428M, up 14%
  • Brokerage margin 21.3% vs 24.6%; risk-management margin 11.7% vs 11.0%
  • Operating headwinds: cautious casualty underwriting, carrier competition and potential normalized catastrophe losses in 2026

Risk Factors

  • No material changes disclosed; 2025 Form 10-K risk factors remain applicable
  • Deferred-compensation trust exposure; trust assets remain subject to creditor claims during financial insolvency
  • Share-repurchase authorization reduced to $1,190 million at March 31, 2026
  • First-quarter repurchases totaled 1,791,137 shares at average $222.19 per share

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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