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Filing Flows › Fresenius Medical Care AG (FMS) › Q2 2026 › vs Q1 2026

Fresenius Medical Care AG (FMS) Q2 2026 vs Q1 2026 (quarter over quarter)

Fresenius Medical Care AG's revenue fell $4.4B (-47%) from $9.2B in Q1 2026 to $4.9B in Q2 2026. Operating margin 9.6% against 3.1% (+6.5 pts).

Fresenius Medical Care AG, Q2 2026: revenue $4.9B (+1% year over year), operating margin 9.6%, net earnings $218M. The chart draws each line against Q1 2026, the increases inside each band.

Fresenius Medical Care AG: what changed, Q2 2026 vs Q1 2026Fresenius Medical Care AG: what changed, Q2 2026 vs Q1 2026Costs & expenses−$4.5BOperating profit$180MOther expense, net$169MNet earnings$53.2MPre-tax earnings$10.5M

Margins

Q2 2026Q1 2026Change
Operating margin9.6%3.1%+6.5 pts
Net margin4.5%1.8%+2.7 pts

Every line

LineQ2 2026Q1 2026Change%
Revenue$4.9B$9.2B−$4.4B-47%
Operating profit$466M$286M$180M+63%
Costs & expenses$4.4B$8.9B−$4.5B-51%
Pre-tax earnings$218M$208M$10.5M+5%
Other expense, net$248M$78.7M$169M+215%
Net earnings$218M$165M$53.2M+32%

Questions

How much did Fresenius Medical Care AG's revenue grow quarter over quarter in Q2 2026?

Fresenius Medical Care AG's revenue fell $4.4B (-47%) from $9.2B in Q1 2026 to $4.9B in Q2 2026. Operating margin 9.6% against 3.1% (+6.5 pts).

Q2 2026 results → · Compare in the interactive Sankey →