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American Electric Power (AEP) operating margin by quarter

American Electric Power's operating margin was 22.9% in Q2 2026 (second quarter 2026), +0.3 pts from Q1 2026. Over the last 4 quarters it ranged from 22.6% (Q1 2026) to 27.5% (Q2 2025).

American Electric Power operating margin by quarterAmerican Electric Power operating margin by quarter23.5%Q1 202527.5%Q2 202522.6%Q1 202622.9%Q2 2026
QuarterOperating marginQ/QY/Y
Q2 202622.9%+0.3 pts-4.6 pts
Q1 202622.6%-4.9 pts-0.9 pts
Q2 202527.5%+4.0 pts—
Q1 202523.5%——

Q2 2026 at a glance

American Electric Power, Q2 2026: revenue $5.4B (+7% year over year), operating margin 22.9%, net earnings $713M, operating cash flow $1.9B. The chart follows the revenue to costs, profit and cash.

Questions

What is American Electric Power's operating margin?

American Electric Power's operating margin was 22.9% in Q2 2026 (second quarter 2026), +0.3 pts from Q1 2026.

How has American Electric Power's operating margin changed?

Over the last 4 quarters it ranged from 22.6% (Q1 2026) to 27.5% (Q2 2025).

Q2 2026 results → · How American Electric Power makes money →