Aon said revenue for Q3 2025 increased $276 million, or 7%, to $4.0 billion compared to the prior year period. The company cited 7% organic revenue growth and 1% favorable impact from foreign currency translation, partially offset by 1% unfavorable impact from acquisitions, divestitures and other items.

10-QQuarterly reportFiled Oct 31, 2025Period of report Sep 30, 2025Summary published (UTC) Oct 10, 2026

Key points

AI summary

Aon said revenue for Q3 2025 increased $276 million, or 7%, to $4.0 billion compared to the prior year period. The company cited 7% organic revenue growth and 1% favorable impact from foreign currency translation, partially offset by 1% unfavorable impact from acquisitions, divestitures and other items.
Aon said operating margin for Q3 increased to 20.4% from 16.7% in the prior year period and adjusted operating margin increased to 26.3% from 24.6%. The company cited 7% organic revenue growth and $35 million of net restructuring savings as factors.
Aon said net income for Q3 increased $115 million, or 32%, to $470 million compared to the prior year period, and diluted earnings per share was $2.11 compared to $1.57 per share for the prior year period. Adjusted diluted earnings per share was $3.05 compared to $2.72 per share for the prior year period.
The company said cash flows provided by operating activities for the first 9 months of 2025 were $2.1 billion, an increase of $249 million or 14% from the prior year period. Free cash flow was $1.9 billion, an increase of $223 million or 13%, and the company cited adjusted operating income growth and lower NFP-related transaction costs as factors.

Key figures

Quarter ended September 30, 2025

Revenue: $4.0B
Operating income: $816M
Net income: $458M
EPS: $2.11

From the XBRL financial data filed with the SEC · not processed by AI.

Summary

AI-written

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

Q3 Revenue $4.0 billion, Organic Growth 7%

Aon said revenue for Q3 2025 increased $276 million, or 7%, to $4.0 billion compared to the prior year period. The company cited 7% organic revenue growth and 1% favorable impact from foreign currency translation, partially offset by 1% unfavorable impact from acquisitions, divestitures and other items.

Source · Based on the MD&A text of the filing

Q3 Operating Margin 20.4%, Adjusted Operating Margin 26.3%

Aon said operating margin for Q3 increased to 20.4% from 16.7% in the prior year period and adjusted operating margin increased to 26.3% from 24.6%. The company cited 7% organic revenue growth and $35 million of net restructuring savings as factors.

Source · Based on the MD&A text of the filing

Q3 Net Income $470 million, Diluted Earnings per Share $2.11

Aon said net income for Q3 increased $115 million, or 32%, to $470 million compared to the prior year period, and diluted earnings per share was $2.11 compared to $1.57 per share for the prior year period. Adjusted diluted earnings per share was $3.05 compared to $2.72 per share for the prior year period.

Source · Based on the MD&A text of the filing

9-Month Operating Cash Flow $2.1 billion

The company said cash flows provided by operating activities for the first 9 months of 2025 were $2.1 billion, an increase of $249 million or 14% from the prior year period. Free cash flow was $1.9 billion, an increase of $223 million or 13%, and the company cited adjusted operating income growth and lower NFP-related transaction costs as factors.

Source · Based on the MD&A text of the filing

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

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