In Q2 fiscal 2026 (the quarter ended June 30, 2026), Arthur J. Gallagher & Co.'s largest business segment was Brokerage, with $3.50 billion or 87% of revenue, up 25.7% from a year earlier. Next: Risk Management (13%).
By product or service, Commissions brought in 62%, Broker Fees brought in 30% and Supplemental Revenue brought in 4% of revenue in Q2 fiscal 2026.
By country, United States brought in 67%, United Kingdom brought in 18% and Other Foreign brought in 6% of revenue in Q2 fiscal 2026.
The fastest-growing business segment from a year earlier was Brokerage (+25.7%).
From company filings, in USD; latest quarter ended June 30, 2026; quarterly data from Q3 fiscal 2017.

Fiscal quarters, from company filings
| Business segment | Q2 FY26 | Q1 FY26 | Q3 FY25 | Q2 FY25 | Share |
|---|---|---|---|---|---|
| Brokerage | $3.5B | $4.3B | $2.9B | $2.8B | 87% |
| Risk Management | $501.0M | $470.0M | $442.3M | $435.0M | 13% |
In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.
| Product or service | Q2 FY26 | Q1 FY26 | Q3 FY25 | Q2 FY25 | Share |
|---|---|---|---|---|---|
| Commissions | $2.4B | $3.1B | $1.9B | $1.8B | 62% |
| Broker Fees | $1.2B | $1.2B | $1.1B | $962.0M | 30% |
| Supplemental Revenue | $141.0M | $180.0M | $117.6M | $103.0M | 4% |
| Investment Performance | $98.0M | $86.0M | $167.1M | $233.0M | 2% |
| Contingent Revenue | $91.0M | $115.0M | $75.4M | $73.0M | 2% |
In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.
| Country | Q2 FY26 | Q1 FY26 | Q3 FY25 | Q2 FY25 | Share |
|---|---|---|---|---|---|
| United States | $2.7B | $3.3B | $2.4B | $2.0B | 67% |
| United Kingdom | $716.0M | $775.0M | $512.5M | $671.0M | 18% |
| Other Foreign | $242.0M | $385.0M | $187.1M | $182.0M | 6% |
| Australia | $182.0M | $146.0M | $151.2M | $156.0M | 5% |
| Canada | $105.0M | $93.0M | $90.0M | $107.0M | 3% |
| New Zealand | $60.0M | $42.0M | $54.6M | $58.0M | 1% |
In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.
Brokerage and Risk Management (as reported for Q2 fiscal 2026).
Brokerage: $3.50 billion, or 87% of revenue, in Q2 fiscal 2026.
By revenue in Q2 fiscal 2026: Commissions (62%), Broker Fees (30%), Supplemental Revenue (4%) and Investment Performance (2%).
By country in Q2 fiscal 2026: United States (67%), United Kingdom (18%), Other Foreign (6%) and Australia (5%).
Click a bar to see that period below. Striped bars are calculated fourth quarters; an empty slot means it could not be calculated on the same basis i
Fiscal quarter ended Jun 30, 2026
| Item | Revenue | Share |
|---|---|---|
| Brokerage | USD 3.50B | 87.5% |
| Risk Management | USD 501.00M | 12.5% |
Sum of items USD 4.00B. Shares are of the items shown. Click an item with › to see its parts.
Every item and period in one grid. Purple = calculated; "–" = not available.
| Item | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 | Q4 FY23 | Q3 FY23 | Q2 FY23 | Q1 FY23 | Q4 FY22 | Q3 FY22 | Q2 FY22 | Q1 FY22 | Q4 FY21 | Q3 FY21 | Q2 FY21 | Q1 FY21 | Q4 FY20 | Q3 FY20 | Q2 FY20 | Q1 FY20 | Q4 FY19 | Q3 FY19 | Q2 FY19 | Q1 FY19 | Q4 FY18 | Q3 FY18 | Q2 FY18 | Q1 FY18 | Q4 FY17 | Q3 FY17 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Brokerage | 3.5B | 4.3B | 3.2B | 2.9B | 2.8B | 3.3B | 2.3B | 2.4B | 2.4B | 2.9B | 2.1B | 2.1B | 2.1B | 2.4B | 1.7B | 1.7B | 1.7B | 2.1B | 1.5B | 1.5B | 1.4B | 1.6B | 1.2B | 1.3B | 1.2B | 1.4B | 1.2B | 1.2B | 1.1B | 1.4B | 1.0B | 1.0B | 1.0B | 1.2B | – | 938.7M |
| Risk Management | 501.0M | 470.0M | 458.7M | 442.3M | 435.0M | 413.0M | 405.6M | 410.0M | 398.0M | 391.4M | 379.2M | 369.4M | 353.6M | 330.8M | 323.7M | 307.5M | 302.0M | 289.9M | 285.6M | 280.6M | 281.7M | 252.7M | 256.4M | 244.3M | 223.2M | 249.5M | 252.3M | 246.3M | 242.1M | 236.4M | 236.3M | 236.4M | 237.3M | 229.9M | – | 224.4M |
| Corporate | – | - 5.0M | 600.0K | 400.0K | – | – | 14.1M | 400.0K | 1.1M | 400.0K | 1.5M | 500.0K | - 100.0K | 100.0K | 300.0K | 300.0K | 300.0K | 22.8M | 219.7M | 357.9M | 261.6M | 302.1M | 211.4M | 310.2M | 159.7M | 181.8M | 276.6M | 383.0M | 284.5M | 372.3M | 419.3M | 492.7M | 423.0M | 412.2M | – | 430.6M |