Arthur J. Gallagher & Co. filed an 8-K reporting its third-quarter 2026 financial results on October 29, 2026, covering the quarter ended September 30, 2026.

Key Highlights

  • Total reported revenues: $3,930 million in Q3 2026, compared with $3,325 million in Q3 2025, according to the filing.
  • Total reported net earnings: $406 million in Q3 2026, up from $273 million in Q3 2025, as disclosed.
  • Adjusted diluted EPS (Total Company): $3.00 in Q3 2026, compared with $2.31 in Q3 2025, per the filing.
  • Adjusted EBITDAC (Total Company): $1,253 million in Q3 2026, versus $1,013 million in Q3 2025, as reported.
  • Brokerage organic revenue growth: 5% for Q3 2026 and 5% for the nine months ended September 30, 2026, according to the filing.
  • Acquisitions closed: 5 in Q3 2026, with estimated annualized revenues acquired of $102 million, per the disclosure.
  • Nine-month adjusted diluted EPS (Total Company): $10.32 for 2026, compared with $8.35 for the same period in 2025, as stated in the filing.

Arthur J. Gallagher Q3 2026 Segment and Earnings Detail

Arthur J. Gallagher & Co. (NYSE:AJG) disclosed third-quarter 2026 results showing total company reported revenues before reimbursements of $3,930 million, up from $3,325 million in Q3 2025. Reported net earnings for the total company rose to $406 million from $273 million in the prior-year quarter. On an adjusted basis, total company net earnings were $782 million versus $604 million in Q3 2025, and adjusted EBITDAC reached $1,253 million compared with $1,013 million, according to the filing.

The Brokerage Segment reported revenues of $3,473 million in Q3 2026, up from $2,922 million in Q3 2025, with adjusted revenues of $3,460 million versus $2,928 million. Brokerage adjusted net earnings were $871 million, compared with $688 million in Q3 2025, and adjusted EBITDAC was $1,222 million versus $975 million. The Risk Management Segment reported revenues of $457 million in Q3 2026, compared with $402 million in Q3 2025, with adjusted net earnings of $68 million versus $58 million. The filing noted that for Q3 2025, Brokerage Segment results included approximately $76 million of incremental interest income, or approximately 22 cents after-tax, earned on cash proceeds associated with the AssuredPartners Financing in December 2024.

For the nine months ended September 30, 2026, total company reported revenues were $12,601 million versus $10,192 million for the same period in 2025. Total adjusted diluted net earnings per share for the nine-month period were $10.32, compared with $8.35. The filing noted that for Q3 2026, pretax adjustment impacts for the Brokerage, Risk Management, and Corporate Segments totaled $477 million, $10 million, and $16 million, respectively. Chairman and CEO J. Patrick Gallagher, Jr. stated in the release that the combined Brokerage and Risk Management segments "marking our 26th consecutive quarter of double-digit adjusted EBITDAC growth."

What Was Disclosed

Arthur J. Gallagher & Co. reported Q3 2026 GAAP and non-GAAP financial results including segment revenues, net earnings, EBITDAC, and diluted EPS, along with nine-month year-to-date figures and acquisition activity for the Brokerage Segment.