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Emergent BioSolutions (EBS) operating margin by quarter

Emergent BioSolutions' operating margin was 6.7% in Q1 2026 (first quarter 2026), -26.4 pts from Q3 2025. Over the last 3 quarters it ranged from 6.7% (Q1 2026) to 33.1% (Q3 2025).

Emergent BioSolutions operating margin by quarterEmergent BioSolutions operating margin by quarter22.5%Q1 202533.1%Q3 20256.7%Q1 2026
QuarterOperating marginQ/QY/Y
Q1 20266.7%-26.4 pts-15.7 pts
Q3 202533.1%+10.6 pts—
Q1 202522.5%——

Q1 2026 at a glance

Emergent BioSolutions, Q1 2026: revenue $156M (-30% year over year), operating margin 6.7%, net earnings $6.8M, operating cash flow −$33.8M. The chart follows the revenue to costs, profit and cash.

Questions

What is Emergent BioSolutions' operating margin?

Emergent BioSolutions' operating margin was 6.7% in Q1 2026 (first quarter 2026), -26.4 pts from Q3 2025.

How has Emergent BioSolutions' operating margin changed?

Over the last 3 quarters it ranged from 6.7% (Q1 2026) to 33.1% (Q3 2025).

Q1 2026 results → · How Emergent BioSolutions makes money →