Willis Towers Watson Public (WTW) 10-K Summary — Year Ended Dec 31, 2025
This 10-K filing covers the company's financial results for the fiscal year. Revenue declined compared to the prior year, while profitability remained strong.
Key takeaway
Year ended Dec 31, 2025 · FY2025 10-K
This 10-K filing covers the company's financial results for the fiscal year. Revenue declined compared to the prior year, while profitability remained strong.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$9.5B
Revenue reported for the fiscal year.
Operating income
$2.2B
Income from operations reported for the year.
Net income
$1.6B
Net income reported for the year.
Operating cash flow
$1.8B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $8.7B | -1.1% |
| Dec 31, 2023 | $9.3B | +6.6% |
| Dec 31, 2024 | $9.7B | +4.7% |
| Dec 31, 2025 | $9.5B | -2.3% |
Business overview
The filing references a business description in Item 1, but the provided text does not include that description. No further details are available from the supplied context.
Financial performance
Revenue decreased relative to the prior year. Operating income and net income were reported at significant levels, and operating cash flow was robust.
Material risks
The filing lists risk factors in Item 1A, but the specific risks are not detailed in the supplied excerpt.
Liquidity and capital
The company believes it has adequate liquidity to meet its obligations, supported by operating cash flow and available credit facilities. It also issued senior notes during the period.
What to watch
Investors should monitor whether revenue growth resumes in the next reporting period.