Filing Flows › Popular (BPOP) › Q1 2026 › vs Q1 2025
Popular (BPOP) Q1 2026 vs Q1 2025 (year over year)
Popular's revenue rose $78.1M (+10%) from $758M in Q1 2025 to $836M in Q1 2026. Operating margin 35.0% against 29.4% (+5.6 pts).
Popular, Q1 2026: revenue $836M (+10% year over year), operating margin 35.0%, net earnings $246M, operating cash flow $192M. The chart draws each line against Q1 2025, the increases inside each band.
Margins
| Q1 2026 | Q1 2025 | Change | |
|---|---|---|---|
| Operating margin | 35.0% | 29.4% | +5.6 pts |
| Net margin | 29.4% | 23.4% | +6.0 pts |
| Free cash flow margin | 18.5% | 15.9% | +2.6 pts |
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $836M | $758M | $78.1M | +10% |
| Operating profit | $293M | $223M | $70.0M | +31% |
| Costs & expenses | $543M | $535M | $8.1M | +2% |
| Pre-tax earnings | $293M | $223M | $70.0M | +31% |
| Credit loss provision | $75.9M | $64.1M | $11.8M | +18% |
| Noninterest expense | $467M | $471M | −$3.7M | -0.8% |
| Net earnings | $246M | $178M | $68.2M | +38% |
| Income tax | $46.9M | $45.1M | $1.9M | +4% |
| Working capital & other | $54.1M | $5.4M | $48.6M | +893% |
| Operating cash flow | $192M | $172M | $19.6M | +11% |
| Free cash flow (OCF − capex) | $155M | $121M | $34.4M | +29% |
| Capital expenditures | $36.7M | $51.5M | −$14.8M | -29% |
Questions
How much did Popular's revenue grow year over year in Q1 2026?
Popular's revenue rose $78.1M (+10%) from $758M in Q1 2025 to $836M in Q1 2026. Operating margin 35.0% against 29.4% (+5.6 pts).