Willis Towers WatsonWTWEarnings & Financial Report
Willis Towers Watson plc is a British-American multinational advisory, broking and solutions company. Its operations span commercial insurance brokerage and risk advisory, employee benefits and rewards consulting, retirement and actuarial services, and investment advice for pension funds and institutional investors.
WTW Q1 FY2026 Key Financial Metrics
Revenue
$2.4B
Gross Profit
N/A
Operating Profit
$448.0M
Net Profit
$303.0M
Gross Margin
N/A
Operating Margin
18.6%
Net Margin
12.6%
YoY Growth
8.5%
EPS
$3.10
Willis Towers Watson Q1 FY2026 Financial Summary
Willis Towers Watson reported revenue of $2.4B (up 8.5% YoY) for Q1 FY2026, with a net profit of $303.0M (up 27.0% YoY) (12.6% margin).
Key Financial Metrics
| Total Revenue | $2.4B |
|---|---|
| Net Profit | $303.0M |
| Gross Margin | N/A |
| Operating Margin | 18.6% |
| Report Period | Q1 FY2026 |
Revenue Breakdown
Willis Towers Watson Q1 FY2026 revenue of $2.4B breaks down across 2 segments, led by Bps The HWC segment had at $1.3B (52.7% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Bps The HWC segment had | $1.3B | 52.7% |
| Bps The R&B segment had | $1.1B | 46.4% |
Willis Towers Watson Annual Revenue by Year
Willis Towers Watson annual revenue history includes year-by-year totals (for example, 2025 revenue was $9.5B).
Willis Towers Watson Quarterly Revenue & Net Profit History
Willis Towers Watson results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $2.4B | +8.5% | $303.0M | 12.6% |
| Q4 FY2025 | $2.9B | -3.5% | $735.0M | 25.5% |
| Q3 FY2025 | $2.2B | +0.1% | $304.0M | 13.6% |
| Q2 FY2025 | $2.2B | -0.2% | $331.0M | 14.9% |
| Q1 FY2025 | $2.2B | -5.0% | $235.0M | 10.8% |
| Q4 FY2024 | $3.0B | +4.5% | $1.2B | 41.7% |
| Q3 FY2024 | $2.2B | +5.4% | $-1.7B | -74.8% |
| Q2 FY2024 | $2.2B | +4.8% | $141.0M | 6.4% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.22B | $2.24B | $2.99B | $2.18B | $2.21B | $2.24B | $2.88B | $2.41B |
| YoY Growth | 4.8% | 5.4% | 4.5% | -5.0% | -0.2% | 0.1% | -3.5% | 8.5% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $29.62B | $27.17B | $27.68B | $28.06B | $28.48B | $27.44B | $29.53B | $29.64B |
| Liabilities | $20.21B | $19.60B | $19.66B | $19.85B | $20.30B | $19.63B | $21.48B | $21.58B |
| Equity | $9.34B | $7.49B | $7.94B | $8.13B | $8.10B | $7.74B | $7.98B | $8.06B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $407.0M | $482.0M | $599.0M | $-35.0M | $361.0M | $678.0M | $771.0M |