Financial Statements — WTW
Balance Sheet
(in billions USD)| Metric | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 1.86 | 1.90 | 1.96 | 1.51 | 1.37 | 1.25 | 1.89 | 1.25 | 1.60 | 1.14 | 1.50 | 1.92 | 2.20 | 2.16 | 2.22 | 1.96 |
| Short-term Investments | -- | 0.03 | 0.03 | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | -- | -- | -- |
| Total Current Assets | 16.09 | 14.62 | 15.61 | 15.46 | 14.31 | 14.03 | 14.64 | 11.83 | 12.82 | 15.95 | 15.05 | 16.37 | 16.41 | 20.59 | 20.57 | 20.87 |
| Total Assets | 29.64 | 27.44 | 28.48 | 28.06 | 27.17 | 29.62 | 30.24 | 27.62 | 28.77 | 31.91 | 30.99 | 32.51 | 32.84 | 37.28 | 38.27 | 38.63 |
| Total Current Liabilities | 13.55 | 13.24 | 13.87 | 13.38 | 12.54 | 12.67 | 13.12 | 11.31 | 11.97 | 14.89 | 14.12 | 14.69 | 14.91 | 18.62 | 19.17 | 19.02 |
| Long-term Debt | 6.30 | 4.76 | 4.76 | 4.76 | 5.31 | 5.31 | 5.31 | 4.57 | 4.57 | 4.47 | 4.47 | 4.72 | 3.98 | 3.99 | 4.00 | 4.63 |
| Total Liabilities | 21.58 | 19.63 | 20.30 | 19.85 | 19.60 | 20.21 | 20.67 | 18.14 | 18.90 | 21.73 | 21.08 | 22.09 | 21.77 | 25.85 | 26.55 | 27.06 |
| Retained Earnings | (0.39) | (0.59) | (0.21) | 0.05 | (0.65) | 1.32 | 1.46 | 1.13 | 1.43 | 1.77 | 1.71 | 1.97 | 2.42 | 2.97 | 3.17 | 3.08 |
| Total Stockholder Equity | 7.98 | 7.74 | 8.10 | 8.13 | 7.49 | 9.34 | 9.49 | 9.41 | 9.80 | 10.10 | 9.84 | 10.34 | 11.00 | 11.39 | 11.67 | 11.53 |
Income Statement
(in billions USD) (except per-share rows)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Total Revenue | 2.36 | 2.88 | 2.24 | 2.22 | 2.18 | 2.99 | 2.24 | 2.22 | 2.30 | 2.12 | 2.12 | 2.20 | 1.93 | 1.97 | 2.15 | 2.67 | 1.95 | 2.25 | 2.56 |
| Operating Income | 0.45 | 1.02 | 0.42 | 0.37 | 0.43 | 0.90 | (0.77) | 0.21 | 0.28 | 0.16 | 0.14 | 0.28 | 0.15 | 0.14 | 0.18 | 0.71 | 1.13 | 0.26 | 0.45 |
| Tax Provision | 0.07 | 0.20 | 0.08 | (0.02) | 0.07 | 0.44 | (0.32) | 0.03 | 0.05 | 0.03 | 0.02 | 0.05 | 0.00 | 0.02 | 0.04 | 0.13 | 0.27 | 0.10 | 0.10 |
| Net Income | 0.30 | 0.74 | 0.30 | 0.33 | 0.24 | 1.25 | (1.67) | 0.14 | 0.19 | 0.14 | 0.09 | 0.20 | 0.19 | 0.11 | 0.12 | 0.59 | 0.90 | 0.18 | 0.73 |
| Diluted EPS | 3.10 | 7.50 | 3.11 | 3.32 | 2.33 | 12.29 | (16.44) | 1.36 | 1.83 | 1.29 | 0.88 | 1.88 | 1.72 | 0.97 | 1.03 | 5.26 | 6.99 | 1.41 | 5.63 |
Cash Flow Statement
(in billions USD)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Operating Cash Flow | (0.01) | 0.77 | 0.68 | 0.36 | (0.04) | 0.60 | 0.48 | 0.41 | 0.02 | 0.39 | 0.30 | 0.13 | 0.18 | 0.24 | 0.02 | 0.18 | 1.51 | 0.49 | (0.13) |
| Capital Expenditures | 0.06 | 0.06 | 0.06 | 0.06 | 0.05 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Free Cash Flow* | (0.06) | 0.71 | 0.62 | 0.30 | (0.09) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Investing Cash Flow | (0.84) | (0.08) | (0.08) | 0.70 | (0.08) | 0.48 | (0.07) | (0.08) | (0.07) | 0.01 | (0.97) | (0.06) | (0.08) | (0.05) | 0.07 | 1.99 | (0.01) | (0.05) | 0.65 |
| Financing Cash Flow | (0.20) | 0.38 | (0.51) | (0.82) | 0.02 | (0.66) | (0.16) | (1.19) | 1.56 | (0.61) | 0.34 | (0.45) | (0.42) | (0.11) | (2.58) | (0.81) | (1.48) | (0.19) | (0.63) |
* Derived from reported values
Dividends Per Share
(USD)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 | Q1
2021 | Q4
2020 |
|---|
| Dividends Per Share | 0.96 | 0.92 | 0.92 | 0.92 | 0.92 | 0.88 | 0.88 | 0.88 | 0.88 | 0.84 | 0.84 | 0.84 | 0.82 | 0.82 | 0.82 | 0.80 | 0.80 | 0.71 | 0.71 | 0.71 |
