MRSH · Q2 FY26 · Apr 1 – Jun 30, 2026
Marsh McLennan Q2 FY26: where the revenue came from and where it went
Marsh McLennan Q2 FY26: revenue $7.4B (+6% year over year). Net profit $1.3B. Largest cohort Marsh Risk $4.1B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Apr 1 – Jun 30, 2026
- Reported
- Jul 21, 2026
Tap the diagram to enlarge · figures in billions of dollars
Revenue$7.4B
+6% year over year
Operating profit$1.9B
26% margin
Net profit$1.3B
17% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 7.4 | 100% | +6% |
| Marsh Risk | 4.1 | 55% | |
| Mercer | 1.6 | 22% | |
| Marsh Management Consulting | 1 | 14% | |
| Guy Carpenter | 0.7 | 9% | |
| Operating | −0 | 74% | +0pp |
| Compensation and benefits | −4.1 | 56% | +0pp |
| Other operating | −1.4 | 18% | +0pp |
| Operating profit | 1.9 | 26% margin | −1pp |
| Tax | −0.4 | ||
| Interest & other costs | −0.2 | ||
| Net profit | 1.3 | 17% | +0pp |
Older quarters
-
Q1 FY26 3/2026Revenue $7.6B Net margin 15%
-
Q3 FY25 9/2025Revenue $6.4B Net margin 12%
-
Q2 FY25 6/2025Revenue $7B Net margin 17%
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