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Alcon (ALC) operating margin by quarter

Alcon's operating margin was 10.8% in Q1 2026 (first quarter 2026), -0.7 pts from Q4 2025. Over the last 5 quarters it ranged from 9.5% (Q2 2025) to 18.9% (Q1 2025).

Alcon operating margin by quarterAlcon operating margin by quarter18.9%Q1 20259.5%Q2 202512.7%Q3 202511.5%Q4 202510.8%Q1 2026
QuarterOperating marginQ/QY/Y
Q1 202610.8%-0.7 pts-8.1 pts
Q4 202511.5%-1.2 pts—
Q3 202512.7%+3.2 pts—
Q2 20259.5%-9.4 pts—
Q1 202518.9%——

Q1 2026 at a glance

Alcon, Q1 2026: revenue $2.7B (+9% year over year), operating margin 10.8%, net earnings $189M. The chart follows the revenue to costs, profit and cash.

Questions

What is Alcon's operating margin?

Alcon's operating margin was 10.8% in Q1 2026 (first quarter 2026), -0.7 pts from Q4 2025.

How has Alcon's operating margin changed?

Over the last 5 quarters it ranged from 9.5% (Q2 2025) to 18.9% (Q1 2025).

Q1 2026 results → · How Alcon makes money →