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Bristol Myers Squibb (BMY) operating margin by quarter

Bristol Myers Squibb's operating margin was 19.4% in Q3 2026 (third quarter 2026), -12.1 pts from Q2 2026. Over the last 7 quarters it ranged from 11.8% (Q4 2025) to 31.5% (Q2 2026).

Bristol Myers Squibb operating margin by quarterBristol Myers Squibb operating margin by quarter26.5%Q1 202514.5%Q2 202525.5%Q3 202511.8%Q4 202528.2%Q1 202631.5%Q2 202619.4%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202619.4%-12.1 pts-6.1 pts
Q2 202631.5%+3.3 pts+17.0 pts
Q1 202628.2%+16.4 pts+1.7 pts
Q4 202511.8%-13.7 pts—
Q3 202525.5%+11.0 pts—
Q2 202514.5%-12.1 pts—
Q1 202526.5%——

Q3 2026 at a glance

Bristol Myers Squibb, Q3 2026: revenue $13.1B (+7% year over year), operating margin 19.4%, net earnings $2.2B, operating cash flow $4.2B. The chart follows the revenue to costs, profit and cash.

Questions

What is Bristol Myers Squibb's operating margin?

Bristol Myers Squibb's operating margin was 19.4% in Q3 2026 (third quarter 2026), -12.1 pts from Q2 2026.

How has Bristol Myers Squibb's operating margin changed?

Over the last 7 quarters it ranged from 11.8% (Q4 2025) to 31.5% (Q2 2026).

Q3 2026 results → · How Bristol Myers Squibb makes money →