Gallagher Q4 revenue rose to $3.59 billion; reported EPS fell to $0.58 from $1.12
Gallagher reported fourth-quarter 2025 revenue before reimbursements of $3,586 million, up from $2,679 million a year earlier, and adjusted diluted EPS of $2.38, up from $2.16. Reported net earnings fell to $154 million from $258 million, and reported diluted EPS fell to $0.58 from $1.12, with the company citing acquisition integration, intangible amortization, workforce and lease termination, and legal, tax and benefit plan costs. For shareholders, top-line growth and adjusted profit rose, while reported profit declined.
Key points
- Q4 2025 revenue before reimbursements: $3,586 million vs. $2,679 million in Q4 2024
- Q4 2025 reported net earnings: $154 million vs. $258 million; reported diluted EPS $0.58 vs. $1.12
- Q4 2025 adjusted diluted EPS: $2.38 vs. $2.16; full-year 2025 reported revenue $13,778 million vs. $11,401 million
- CFO Commentary, posted on the investor relations page, includes estimates for 2026 and other future results
The filing
Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 29, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.