FINHUB Insights

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 10-Q
Sankey diagram of Marsh McLennan's income statement for Q2 FY26: revenue of $7.4 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$7.4B +6% year over year
Operating profit$1.9B 26% margin
Net profit$1.3B 17% margin

The numbers

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Jun 30, 2026).
ItemValueShare of revenueYear 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−074%+0pp
Compensation and benefits−4.156%+0pp
Other operating−1.418%+0pp
Operating profit1.926% margin−1pp
Tax−0.4
Interest & other costs−0.2
Net profit1.317%+0pp

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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