Willis Towers Watson Q2 FY25: where the revenue came from and where it went
The whole income statement of Willis Towers Watson for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Apr 1 – Jun 30, 2025
- Reported
- Aug 1, 2025
Revenue$2.26B
+0% year over year
Operating profit$0.31B
14% margin
Net profit$0.33B
15% margin
Net profit is larger than what operations earned, because the statement adds $0.02B below it, under Tax benefit.
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 2.26 | 100% | +0% |
| Health wealth & career | 1.20 | 53% | −6% |
| Risk & broking | 1.05 | 46% | +7% |
| Corporate | 0.01 | 1% | +63% |
| Operating expenses | −1.95 | 86% | |
| Compensation | −1.45 | 64% | +2pp |
| Interest | −0.06 | 3% | +0pp |
| Underwriting | −0.34 | 15% | −5pp |
| Other | −0.10 | 4% | +0pp |
| Operating profit | 0.31 | 14% margin | +6pp |
| Tax benefit | 0.02 | ||
| Net profit | 0.33 | 15% margin | +8pp |
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