The revenue of WTW, a leading global advisory, broking and solutions company, for the fourth quarter of 2025 was USD 2.94 billion, a decrease of 3% compared to USD 3.04 billion for the same period in the prior year due to the sale of TRANZACT.
According to the company’s press release, excluding the impact of foreign currency, revenue decreased 5%. On an organic basis, revenue increased 6%.
Net Income for the fourth quarter of 2025 was USD 736 million compared to USD 1.25 billion in the prior-year fourth quarter. Adjusted EBITDA for the fourth quarter was USD 1.12 billion, or 38.2% of revenue, a decrease of 3%, compared to Adjusted EBITDA of USD 1.15 billion, or 37.9% of revenue, in the prior-year fourth quarter.
For the year ended December 31, 2025, WTW’s revenue was USD 9.71 billion, a decrease of 2% compared to USD 9.93 billion for the prior year due to the sale of TRANZACT. Excluding the impact of foreign currency, revenue decreased 3%. On an organic basis, revenue increased 5%.
Net Income for the year ended December 31, 2025, was USD 1.61 billion, compared to a Net Loss of USD 88 million in the prior year. Adjusted EBITDA for the year ended December 31, 2025, was USD 2.64 billion, or 27.2% of revenue, an increase of 1%, compared to Adjusted EBITDA of USD 2.62 billion, or 26.4% of revenue, in the prior year.
“WTW had strong performance across our businesses driven by our team’s relentless focus and consistent execution of our strategy”, said Carl Hess, WTW’s Chief Executive Officer. “We delivered on our financial targets and strengthened our business through strategic investments in talent and innovation to accelerate performance, enhance efficiency and optimize our portfolio. Our strong momentum and continued progress on our strategic objectives give us confidence as we enter 2026”, the CEO emphasized.
The full report can be found here.
