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Side-by-side financial comparison of ALT5 Sigma Corp (ALTS) and Aon plc (AON). Click either name above to swap in a different company.

Aon plc is the larger business by last-quarter revenue ($4.3B vs $5.4M, roughly 800.3× ALT5 Sigma Corp). Aon plc runs the higher net margin — 39.4% vs -7100.2%, a 7139.6% gap on every dollar of revenue. On growth, ALT5 Sigma Corp posted the faster year-over-year revenue change (12.5% vs 3.7%).

ALT5 Sigma Corp is a fintech firm focused on digital asset infrastructure and trading solutions. It operates regulated digital asset trading platforms for retail and institutional clients, primarily serving markets across North America, Europe, and the Asia-Pacific region. Its core offerings include spot and derivatives trading, digital asset custody, and secure settlement services.

Aon plc is a British-American professional services firm. The company operates two divisions: Risk Capital, which provides brokerage and consulting services for risk management and insurance and reinsurance, and Human Capital, which provides services for health insurance, retirement plans, pension plans, and talent advisory.

ALTS vs AON — Head-to-Head

Bigger by revenue
AON
AON
800.3× larger
AON
$4.3B
$5.4M
ALTS
Growing faster (revenue YoY)
ALTS
ALTS
+8.8% gap
ALTS
12.5%
3.7%
AON
Higher net margin
AON
AON
7139.6% more per $
AON
39.4%
-7100.2%
ALTS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ALTS
ALTS
AON
AON
Revenue
$5.4M
$4.3B
Net Profit
$-381.5M
$1.7B
Gross Margin
40.9%
Operating Margin
-38.1%
28.1%
Net Margin
-7100.2%
39.4%
Revenue YoY
12.5%
3.7%
Net Profit YoY
-7249.1%
136.5%
EPS (diluted)
$-5.53
$7.82

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ALTS
ALTS
AON
AON
Q4 25
$5.4M
$4.3B
Q3 25
$7.6M
$4.0B
Q2 25
$6.4M
$4.2B
Q1 25
$5.5M
$4.7B
Q4 24
$4.8M
$4.1B
Q3 24
$4.9M
$3.7B
Q2 24
$2.2M
$3.8B
Q1 24
$0
$4.1B
Net Profit
ALTS
ALTS
AON
AON
Q4 25
$-381.5M
$1.7B
Q3 25
$49.0M
$458.0M
Q2 25
$-9.1M
$579.0M
Q1 25
$-2.9M
$965.0M
Q4 24
$-5.2M
$716.0M
Q3 24
$-822.0K
$343.0M
Q2 24
$589.0K
$524.0M
Q1 24
$-2.1M
$1.1B
Gross Margin
ALTS
ALTS
AON
AON
Q4 25
40.9%
Q3 25
34.6%
Q2 25
43.5%
Q1 25
47.0%
Q4 24
45.8%
Q3 24
47.8%
Q2 24
50.6%
Q1 24
Operating Margin
ALTS
ALTS
AON
AON
Q4 25
-38.1%
28.1%
Q3 25
-218.3%
20.4%
Q2 25
-32.8%
20.7%
Q1 25
-39.4%
30.9%
Q4 24
-40.8%
26.3%
Q3 24
-14.8%
16.7%
Q2 24
-112.2%
17.4%
Q1 24
36.0%
Net Margin
ALTS
ALTS
AON
AON
Q4 25
-7100.2%
39.4%
Q3 25
646.4%
11.5%
Q2 25
-142.9%
13.9%
Q1 25
-51.9%
20.4%
Q4 24
-108.7%
17.3%
Q3 24
-16.6%
9.2%
Q2 24
27.2%
13.9%
Q1 24
26.3%
EPS (diluted)
ALTS
ALTS
AON
AON
Q4 25
$-5.53
$7.82
Q3 25
$0.29
$2.11
Q2 25
$-0.49
$2.66
Q1 25
$-0.18
$4.43
Q4 24
$-0.35
$3.11
Q3 24
$-0.06
$1.57
Q2 24
$0.07
$2.46
Q1 24
$-0.34
$5.35

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ALTS
ALTS
AON
AON
Cash + ST InvestmentsLiquidity on hand
$6.2M
$2.8B
Total DebtLower is stronger
$563.0K
$15.2B
Stockholders' EquityBook value
$1.2B
$9.4B
Total Assets
$1.2B
$50.8B
Debt / EquityLower = less leverage
0.00×
1.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALTS
ALTS
AON
AON
Q4 25
$6.2M
$2.8B
Q3 25
$7.3M
$1.3B
Q2 25
$9.6M
$1.4B
Q1 25
$10.8M
$1.3B
Q4 24
$7.2M
$1.3B
Q3 24
$8.7M
$1.3B
Q2 24
$5.8M
$1.2B
Q1 24
$61.0K
$6.4B
Total Debt
ALTS
ALTS
AON
AON
Q4 25
$563.0K
$15.2B
Q3 25
Q2 25
Q1 25
Q4 24
$563.0K
$17.0B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ALTS
ALTS
AON
AON
Q4 25
$1.2B
$9.4B
Q3 25
$1.6B
$7.9B
Q2 25
$26.1M
$7.8B
Q1 25
$21.8M
$7.0B
Q4 24
$12.4M
$6.1B
Q3 24
$20.2M
$6.2B
Q2 24
$22.9M
$5.9B
Q1 24
$3.8M
$-133.0M
Total Assets
ALTS
ALTS
AON
AON
Q4 25
$1.2B
$50.8B
Q3 25
$1.6B
$51.6B
Q2 25
$94.7M
$54.0B
Q1 25
$78.0M
$50.3B
Q4 24
$75.7M
$49.0B
Q3 24
$74.9M
$49.9B
Q2 24
$75.4M
$51.5B
Q1 24
$18.6M
$40.8B
Debt / Equity
ALTS
ALTS
AON
AON
Q4 25
0.00×
1.63×
Q3 25
Q2 25
Q1 25
Q4 24
0.05×
2.78×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ALTS
ALTS
AON
AON
Operating Cash FlowLast quarter
$8.3M
$1.4B
Free Cash FlowOCF − Capex
$1.3B
FCF MarginFCF / Revenue
30.8%
Capex IntensityCapex / Revenue
1.7%
Cash ConversionOCF / Net Profit
0.83×
TTM Free Cash FlowTrailing 4 quarters
$3.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALTS
ALTS
AON
AON
Q4 25
$8.3M
$1.4B
Q3 25
$-8.7M
$1.1B
Q2 25
$-5.2M
$796.0M
Q1 25
$-1.5M
$140.0M
Q4 24
$-2.0M
$1.2B
Q3 24
$4.2M
$1.0B
Q2 24
$80.0K
$513.0M
Q1 24
$-544.0K
$309.0M
Free Cash Flow
ALTS
ALTS
AON
AON
Q4 25
$1.3B
Q3 25
$1.1B
Q2 25
$732.0M
Q1 25
$84.0M
Q4 24
$1.1B
Q3 24
$951.0M
Q2 24
$460.0M
Q1 24
$261.0M
FCF Margin
ALTS
ALTS
AON
AON
Q4 25
30.8%
Q3 25
27.0%
Q2 25
17.6%
Q1 25
1.8%
Q4 24
27.6%
Q3 24
25.6%
Q2 24
12.2%
Q1 24
6.4%
Capex Intensity
ALTS
ALTS
AON
AON
Q4 25
1.7%
Q3 25
1.7%
Q2 25
1.5%
Q1 25
1.2%
Q4 24
1.3%
Q3 24
1.7%
Q2 24
1.4%
Q1 24
1.2%
Cash Conversion
ALTS
ALTS
AON
AON
Q4 25
0.83×
Q3 25
-0.18×
2.51×
Q2 25
1.37×
Q1 25
0.15×
Q4 24
1.68×
Q3 24
2.95×
Q2 24
0.14×
0.98×
Q1 24
0.29×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ALTS
ALTS

Segment breakdown not available.

AON
AON

Commercial Risk Solutions$2.3B54%
Health Solutions$1.1B26%
Wealth Solutions$490.0M11%
Reinsurance Solutions$379.0M9%

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