Arthur J. Gallagher FY26 Q2 net earnings fall 11.96% to $324 million; revenue rises 24.41% to $3.96 billion

CEO J. Patrick Gallagher, Jr. cited 24% combined segment revenue growth, 6% organic growth, strong retention, and outstanding new business generation.

Arthur J. Gallagher posted second-quarter revenue before reimbursements of $3.96 billion, up 24% year over year.

Net earnings attributable to controlling interests fell to $324 million from $368 million; diluted EPS slipped to $1.25 from $1.40.

Adjusted EBITDAC rose to $1.2 billion from $1.01 billion; adjusted diluted EPS increased to $2.84 from $2.30.

Brokerage revenue climbed to $3.5 billion from $2.79 billion; Risk Management revenue rose to $453 million from $392 million.