Aon plc
AONQ4 2025(AON Q3 FY2025)Estimated2% AI
AI Revenue %
2%
AI Fair Value
$955.0M
AI Revenue (Q)
$231.0M
Total Revenue (Q)
$11.6B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Aon reported Q3 FY2025 quarterly revenue of $3,997M (nine months: $12,881M). Revenue by segment: Risk Capital $2,525M, Human Capital $1,475M for Q3. AAU Program expenses dropped to $32M (from $69M in Q3 2024), with $760M in cumulative costs out of $1.0B expected total. The company has $1.27B in assets held for sale suggesting portfolio rationalization. No AI-specific revenue is disclosed. Information technology expense of $140M is flat with prior year ($141M). Estimate: ~2.0% of quarterly revenue ($80M) for embedded AI analytics.
Analyzed by claude-opus-4-6
Quoted Figures
Total revenue $3,997 million for three months ended September 30, 2025; Risk Capital $2,525M, Human Capital $1,475M
10-Q filed for period ending 2025-09-30, Condensed Consolidated Statements of Income and Revenue note
Nine months ended September 30, 2025 total revenue $12,881 million; Risk Capital $8,582M, Human Capital $4,311M
10-Q filed for period ending 2025-09-30, Revenue from Contracts with Customers note
Total Program costs incurred from inception to date: $760 million out of approximately $1.0 billion expected
10-Q filed for period ending 2025-09-30, Accelerating Aon United Program note
AI Products Identified (Ring 1)
Strategy and Technology Group analytics toolsDigital Client SolutionsConsumer benefits digital platformTalent analytics and assessment tools
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
Aon Business Services technology platformAccelerating Aon United Program technology modernization
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix