Arthur J. Gallagher Contingent revenues — Revenues before reimbursements increased by 38.6% to $115.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 23.8%, from $92.90M to $115.00M. Over 4 years (FY 2021 to FY 2025), Contingent revenues — Revenues before reimbursements shows an upward trend with a 14.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
An increase suggests strong performance in meeting carrier-specific growth or underwriting quality targets, potentially indicating high-quality book management. A decrease may signal a shift in carrier incentive structures, lower policy retention, or a decline in the overall profitability of the placed insurance portfolio.
Contingent revenues represent performance-based commissions or bonuses earned by insurance brokers from insurance carrie...
Peers in the insurance brokerage industry often report these as 'contingent commissions' or 'profit-sharing arrangements,' which are common but can fluctuate based on annual carrier contract renewals and market conditions.
ajg_segment_contingent_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 | $43.30M | $43.70M | $37.70M | $71.60M | $43.10M | $52.40M | $40.20M | $71.80M | $54.20M | $53.90M | $55.40M | $86.00M | $59.80M | $69.30M | $52.50M | $92.90M | $72.70M | $75.40M | $83.00M | $115.00M |
| QoQ Change | — | +0.9% | -13.7% | +89.9% | -39.8% | +21.6% | -23.3% | +78.6% | -24.5% | -0.6% | +2.8% | +55.2% | -30.5% | +15.9% | -24.2% | +77.0% | -21.7% | +3.7% | +10.1% | +38.6% |
| YoY Change | — | — | — | — | -0.5% | +19.9% | +6.6% | +0.3% | +25.8% | +2.9% | +37.8% | +19.8% | +10.3% | +28.6% | -5.2% | +8.0% | +21.6% | +8.8% | +58.1% | +23.8% |