Arthur J. Gallagher Brokerage — Deferred contract costs increased by 12.3% to $778.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 48.5%, from $523.80M to $778.00M. Over 4 years (FY 2021 to FY 2025), Brokerage — Deferred contract costs shows an upward trend with a 11.6% CAGR.
An increase may signal aggressive business development or high acquisition costs, while a decrease might indicate lower sales activity or a shift in cost recognition.
These are costs incurred to obtain or fulfill a contract with a customer that are capitalized and amortized over the exp...
Standard accounting practice for service firms under ASC 606 revenue recognition standards.
ajg_segment_brokerage_deferred_contract_costs| 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 | $398.80M | $393.70M | $395.90M | $457.30M | $445.30M | $414.50M | $434.00M | $516.00M | $545.90M | $516.90M | $533.60M | $609.50M | $587.90M | $568.30M | $430.90M | $523.80M | $520.70M | $709.90M | $693.00M | $778.00M |
| QoQ Change | — | -1.3% | +0.6% | +15.5% | -2.6% | -6.9% | +4.7% | +18.9% | +5.8% | -5.3% | +3.2% | +14.2% | -3.5% | -3.3% | -24.2% | +21.6% | -0.6% | +36.3% | -2.4% | +12.3% |
| YoY Change | — | — | — | — | +11.7% | +5.3% | +9.6% | +12.8% | +22.6% | +24.7% | +22.9% | +18.1% | +7.7% | +9.9% | -19.2% | -14.1% | -11.4% | +24.9% | +60.8% | +48.5% |