FINHUB Insights

MRSH · Q1 FY26 · Mar 31, 2026

Marsh McLennan Q1 FY26: where the revenue came from and where it went

Marsh McLennan Q1 FY26: revenue $7.6B (+8% year over year). Net profit $1.1B. Largest cohort Marsh Risk $3.8B. The whole income statement as a sankey diagram from the SEC filing.

Period
Mar 31, 2026
Reported
Apr 16, 2026 10-Q
Sankey diagram of Marsh McLennan's income statement for Q1 FY26: revenue of $7.6 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$7.6B +8% year over year
Operating profit$1.8B 23% margin
Net profit$1.1B 15% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
ItemValueShare of revenueYear over year
Revenue 7.6 100% +8%
Marsh Risk 3.8 50%
Mercer 1.7 22%
Guy Carpenter 1.3 17%
Marsh Management Consulting 0.9 12%
Operating−077%+0pp
Compensation and benefits−4.154%+0pp
Other operating−1.723%+0pp
Operating profit1.823% margin−5pp
Tax−0.5
Interest & other costs−0.2
Net profit1.115%−4pp
Filing on EDGAR More quarters of MRSH

Source of the numbers: tables in the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

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