Marsh posts 8% revenue growth but earnings fall 15% on $425M Greensill litigation charge

Filed April 16, 2026 · Period ending March 31, 2026 · Compared to 10-Q Apr 17, 2025 · ~1 min read

Key Changes

• high

  Company recorded $425 million charge for Greensill litigation liability and legal expenses in Q1 2026, driving operating income down 12% to $1.8 billion and diluted EPS down 15% to $2.36 despite 8% revenue growth.

  MD&A: Greensill litigation charge verify on EDGAR →
• high

  Risk and Insurance Services operating margin compressed from 33.9% to 26.0% year-over-year, primarily due to the Greensill charge allocated to this segment and higher compensation costs.

  MD&A: RIS operating margin verify on EDGAR →
• medium

  Share repurchases accelerated to $755M (4.2 million shares) in Q1 2026 vs. $300 million in prior year, while quarterly dividend increased 10.4% to $0.900 per share.

  MD&A: Capital allocation verify on EDGAR →