Revenue $4.00B, up 24.3% on a year earlier. Total Company Revenues $3.96B, up 22.8%. Adjusted Revenues $3.95B, up 22.5%. Diluted EPS $1.25 against $1.40.
| Q2 FY26 | Q1 FY26 | Q2 FY25 | Year over year | |
|---|---|---|---|---|
| Revenue | $4.00B | $4.76B | $3.22B | +24.3% |
| Operating income | $414.00M | $1.04B | $471.40M | -12.2% |
| Net income | $324.00M | $823.00M | $366.20M | -11.5% |
| Diluted EPS | $1.25 | $3.16 | $1.40 | |
| Operating cash flow | $10.00M | $957.00M | -$426.10M | |
| Capital expenditures | -$51.00M | -$36.00M | -$39.40M | |
| Free cash flow | -$41.00M | $921.00M | -$465.50M | |
| Dividend per share | $0.70 | $0.70 | $0.65 |
| Q2 FY26 | Q2 FY25 | Year over year | |
|---|---|---|---|
| Total Company Revenues | $3.96B | $3.22B | +22.8% |
| Adjusted Revenues | $3.95B | $3.22B | +22.5% |
| Adjusted total revenues | $3.95B | $3.22B | +22.5% |
| Brokerage Segment Adjusted Revenues | $3.49B | $2.79B | +25.4% |
| Risk Management Segment Organic revenues Growth | 12% | 6.2% | |
| Organic revenue growth | 5% | 5.4% | |
| Brokerage Segment Organic revenues Growth | 5% | 5.3% |
The week's biggest guidance misses, KPI surprises and one chart.
Stock Atlas, “Arthur J. Gallagher (AJG) Q2 FY26 earnings: results and KPIs”, stockatlas.com/companies/AJG/earnings/2026-q2/, data as of 3 November 2026. Links to this page are welcome.
