WTW Q2 revenue up 9% to $2.47 billion; GAAP EPS down 27%, adjusted EPS up 17%
WTW reported second-quarter 2026 revenue of $2.47 billion, up 9%, and adjusted diluted EPS of $3.35, up 17%. GAAP diluted EPS fell 27% to $2.43 and net income fell 30% to $231 million. The company also announced Propel, an AI and automation plan, and raised its share repurchase authority by $1.5 billion, while leaving full-year 2026 guidance unchanged.
Key points
- Revenue rose 9% to $2.47 billion; organic revenue grew 5%.
- Diluted EPS was $2.43, down 27%; adjusted diluted EPS was $3.35, up 17%.
- Operating margin was 14.8%, down 150 basis points; adjusted operating margin was 19.5%, up 100 basis points.
- Share repurchase authority increased by $1.5 billion; Propel targets about 30% adjusted operating margin in 2028 and full-year 2026 guidance remains unchanged.
The filing
Written by AI on Nov 8, 2026, 1:10 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 July 30, 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.