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Atmos Energy (ATO) operating margin by quarter

Atmos Energy's operating margin was 36.4% in Q3 FY26 (third quarter fiscal 2026), -2.5 pts from Q2 FY26. Over the last 7 quarters it ranged from 28.1% (Q4 FY24) to 39.0% (Q2 FY26).

Atmos Energy operating margin by quarterAtmos Energy operating margin by quarter28.1%Q4 FY2432.2%Q2 FY2530.1%Q3 FY2529.8%Q4 FY2538.3%Q1 FY2639.0%Q2 FY2636.4%Q3 FY26
QuarterOperating marginQ/QY/Y
Q3 FY2636.4%-2.5 pts+6.4 pts
Q2 FY2639.0%+0.6 pts+6.7 pts
Q1 FY2638.3%+8.6 pts—
Q4 FY2529.8%-0.3 pts+1.6 pts
Q3 FY2530.1%-2.2 pts—
Q2 FY2532.2%+4.1 pts—
Q4 FY2428.1%——

Q3 FY26 at a glance

Atmos Energy, Q3 FY26: revenue $879M (+5% year over year), operating margin 36.4%, net earnings $243M, operating cash flow $640M. The chart follows the revenue to costs, profit and cash.

Questions

What is Atmos Energy's operating margin?

Atmos Energy's operating margin was 36.4% in Q3 FY26 (third quarter fiscal 2026), -2.5 pts from Q2 FY26.

How has Atmos Energy's operating margin changed?

Over the last 7 quarters it ranged from 28.1% (Q4 FY24) to 39.0% (Q2 FY26).

Q3 FY26 results → · How Atmos Energy makes money →