WTW reports higher adjusted earnings and launches $625 million AI plan
Filed with the SEC on · Summarized by InvestorsBot
WTW reported second-quarter 2026 revenue of $2.47 billion for the period ended June 30, up 9% year over year, while organic revenue rose 5%; adjusted diluted EPS increased 17% to $3.35, although GAAP diluted EPS fell 27% to $2.43. On July 30, WTW announced Propel, an AI and automation initiative expected to require about $625 million in cash investment and $25 million in non-cash charges, with a target of approximately $350 million in net annual run-rate savings and a roughly 30% adjusted operating margin by 2028; it also added $1.5 billion to its share-repurchase authorization.