Marsh McLennan (MRSH) Q3 2025 10-Q Quarterly Report

Filed: Oct 16, 2025Period ending Sep 30, 2025
Financials
Insurance Agents, Brokers & ServiceSEC EDGAR

Marsh McLennan (MRSH) 10-Q quarterly report for Q3 2025, filed with SEC EDGAR on Oct 16, 2025 for the fiscal period ending Sep 30, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

Marsh McLennan Q3 2025 10-Q Analysis

Management Discussion & Analysis

  • Revenue $6.4B Q3 FY2025, up 11% YoY from $5.7B; nine months $20.4B, up 11% YoY from $18.4B
  • Operating income $1.17B Q3 FY2025, up 6% YoY; margin 18.4% vs prior year ~19.4%; nine months $5.0B, up 7% YoY
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Risk Factors

  • No new or updated risk factors reported in current quarter versus 2024 10-K
  • Regulatory risk: ongoing global compliance with complex insurance and financial services laws remains critical
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Marsh McLennan Q3 2025 Quarterly Financials
XBRL

Revenue

$6.4B

+11.5% YoY -8.9% QoQ

Net Income

$747M

0.0% YoY -38.3% QoQ

Net Margin

11.8%

-135bp YoY -560bp QoQ

Source: XBRL data from Marsh McLennan Q3 2025 10-Q filing on SEC EDGAR. All figures in USD.

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