Filing Flows › Affiliated Managers Group (AMG) › Operating margin
Affiliated Managers Group (AMG) operating margin by quarter
Affiliated Managers Group's operating margin was 48.0% in Q2 2026 (second quarter 2026), +12.6 pts from Q1 2026. Over the last 7 quarters it ranged from 25.5% (Q1 2025) to 94.4% (Q4 2025).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q2 2026 | 48.0% | +12.6 pts | +13.2 pts |
| Q1 2026 | 35.4% | -59.0 pts | +9.9 pts |
| Q4 2025 | 94.4% | +25.8 pts | +42.2 pts |
| Q3 2025 | 68.7% | +33.9 pts | — |
| Q2 2025 | 34.8% | +9.3 pts | — |
| Q1 2025 | 25.5% | -26.7 pts | — |
| Q4 2024 | 52.2% | — | — |
Q2 2026 at a glance
Affiliated Managers Group, Q2 2026: revenue $641M (+30% year over year), operating margin 48.0%, net earnings $186M, operating cash flow $239M. The chart follows the revenue to costs, profit and cash.
Questions
What is Affiliated Managers Group's operating margin?
Affiliated Managers Group's operating margin was 48.0% in Q2 2026 (second quarter 2026), +12.6 pts from Q1 2026.
How has Affiliated Managers Group's operating margin changed?
Over the last 7 quarters it ranged from 25.5% (Q1 2025) to 94.4% (Q4 2025).
Q2 2026 results → · How Affiliated Managers Group makes money →