Arthur J. Gallagher Reports Q3 2026 Financial Results
The brokerage firm saw 5% organic revenue growth as total company revenues reached $3.93 billion for the quarter.
Updated on Oct. 30, 2026 in Corporate Finance
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Arthur J. Gallagher reported its Q3 2026 financial results, highlighted by 5% organic growth in its brokerage and risk management segments. The company generated $3.93 billion in total revenue and $406 million in net earnings during the period.
Why it matters
The firm’s performance was supported by strong client retention, new business acquisition, and continued growth within its existing client base. These results follow the firm's strategic focus on integrating recent acquisitions to drive long-term expense savings.
Arthur J. Gallagher recorded adjusted earnings per diluted share of $3.00 while achieving a 25% increase in adjusted EBITDAC. The company closed five brokerage acquisitions during the quarter, contributing an estimated $102 million in annualized revenue.
The players
Arthur J. Gallagher
This global insurance brokerage and risk management services firm provides a wide range of insurance, risk management, and human capital consulting services.
Brown & Brown
This company is a competing insurance brokerage firm that provides risk management solutions and insurance products to a diverse range of clients.
The details
The brokerage segment achieved an adjusted EBITDAC margin of 35.3%, while risk management organic fees grew by 10%. Additionally, the integration of AssuredPartners, which was acquired in late 2025, provided notable compensation and expense savings for the firm.
Timeline
Arthur J. Gallagher financial results were reported for Q3 2026.
The firm completed the acquisition of AssuredPartners in late 2025.
Brown & Brown reported its own organic growth figures the week of Oct 30, 2026.
Market Landscape
Arthur J. Gallagher continues to leverage large-scale acquisitions to maintain its competitive position against rivals like Brown & Brown. This strategy of aggressive inorganic growth, supported by operational synergies, reflects the broader trend of consolidation within the insurance brokerage industry.
The firm’s robust financial results and growth in risk management fees indicate stable service capacity for its corporate insurance clients. Customers may benefit from the continued expansion of brokerage services and improved operational efficiencies following recent corporate acquisitions.
The takeaway
The company’s 26 consecutive quarters of double-digit adjusted EBITDAC growth demonstrate a consistent ability to scale operations through acquisitions. Investors and clients should monitor how the firm manages rising integration costs as it continues to pursue new brokerage acquisitions.
Further reading
For more on industry performance trends, visit the Corporate Finance section.
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Does the growth of major insurance brokerage firms signal a healthy national economy?
