Arthur J. Gallagher & Co. (AJG) Form 10-Q — Aug 5, 2026

$AJGForm 10-QFiled Aug 5, 2026, 5:03 PM ET0001628280-26-053489Original filing

Arthur J. Gallagher & Co. reported Q2 2026 total revenues of $4.0 billion, up 24% year over year, with net earnings of $324 million and diluted EPS of $1.25 versus $1.40 a year ago. First-half revenues reached $8.8 billion with net earnings of $1.1 billion.

Key figures

Eps: $1.25 Q2 diluted GAAP (vs $1.40 prior year); $4.41 six months diluted GAAP; Q2 adjusted diluted EPS $2.84 (vs $2.30, +23%)
Revenue: $4,003 million Q2 2026; $8,761 million six months 2026
Net Income: $324 million Q2 2026 (vs $368 million); $1,147 million six months 2026 (vs $1,077 million)
Total Debt: $13,609 million net corporate and other debt; $22,281 million total contractual debt obligations
Revenue Yoy: +24% Q2 YoY; +26% six months YoY
Total Assets: $81,808 million
Cash Position: $1,386 million
Shares Outstanding: approximately 256.3 million
Workforce: 56,202 at June 30, 2026 vs 44,909 a year earlier
Acquisitions ytd 2026: 16 acquisitions, $664 million total recorded purchase price, ~$122 million annualized revenues
Goodwill at june 30 2026: $23,026 million
Brokerage organic growth q2: approximately 5%
Pension termination loss q2: approximately $17 million non-cash pre-tax
Brokerage segment q2 revenue: $3,502 million (+26%)
Share repurchases six months: $480 million
Dividends declared per share q2: $0.70 (vs $0.65)
Risk management organic growth q2: 12%
Assuredpartners gross consideration: $13.8 billion
Brokerage net earnings margin change q2: -545 bps to 12.9%
Q2 amortizable asset writeoffs brokerage: $21 million
Goodwill increase from assuredpartners trueup: $220 million

Price after filing

1 day: +0.3%7 days: +1.8%30 days: +6.2%

Close on the filing date to close N calendar days later (from $251.03). Historical, not a forecast.

AI analysis

Red flags7 · Pro

The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.

Upgrade to Pro · $49/mo billed annually

AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.