Arthur J. Gallagher Supplemental revenues — Revenues before reimbursements increased by 36.7% to $180.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 58.0%, from $113.90M to $180.00M. Over 4 years (FY 2021 to FY 2025), Supplemental revenues — Revenues before reimbursements shows an upward trend with a 17.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
An increase suggests successful cross-selling of advisory services or improved performance-based incentives from insurance carriers, while a decrease may indicate a slowdown in consulting demand or reduced carrier incentive payouts.
Supplemental revenues represent non-commission income streams derived from insurance brokerage activities, such as fees...
Peers in the insurance brokerage industry often report similar figures under 'fee income' or 'other revenue' categories, which are critical for assessing the non-commission portion of the revenue mix.
ajg_segment_supplemental_revenues_revenues_before_reimbursements| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $55.20M | $61.00M | $65.70M | $74.30M | $65.70M | $64.70M | $80.00M | $81.60M | $71.20M | $70.80M | $90.60M | $93.90M | $88.70M | $79.10M | $97.70M | $113.90M | $102.80M | $117.60M | $131.70M | $180.00M |
| QoQ Change | — | +10.5% | +7.7% | +13.1% | -11.6% | -1.5% | +23.6% | +2.0% | -12.7% | -0.6% | +28.0% | +3.6% | -5.5% | -10.8% | +23.5% | +16.6% | -9.7% | +14.4% | +12.0% | +36.7% |
| YoY Change | — | — | — | — | +19.0% | +6.1% | +21.8% | +9.8% | +8.4% | +9.4% | +13.3% | +15.1% | +24.6% | +11.7% | +7.8% | +21.3% | +15.9% | +48.7% | +34.8% | +58.0% |