WTW reported flat revenue of $2.3 billion for the third quarter ended Sept. 30, 2025, as organic growth of 5% offset the impact of its TRANZACT business sale, the global advisory and broking company announced Thursday.

The company posted diluted earnings per share of $3.11 for the quarter, while adjusted diluted earnings per share reached $3.07, marking an 11% increase from the prior year. Operating margin expanded to 18.3%, with adjusted operating margin climbing 230 basis points to 20.4%.

“WTW’s market-leading solutions and focused execution on our strategy drove another quarter of strong results,” said Carl Hess, chief executive officer. “In the third quarter, we delivered solid revenue performance alongside strong operating margin expansion and earnings per share growth.”

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