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First National (FXNC) operating margin by quarter

First National's operating margin was 29.7% in Q2 2026 (second quarter 2026), +2.8 pts from Q1 2026. Over the last 6 quarters it ranged from 9.0% (Q1 2025) to 29.9% (Q3 2025).

First National operating margin by quarterFirst National operating margin by quarter9.0%Q1 202528.2%Q2 202529.9%Q3 202528.8%Q4 202527.0%Q1 202629.7%Q2 2026
QuarterOperating marginQ/QY/Y
Q2 202629.7%+2.8 pts+1.5 pts
Q1 202627.0%-1.8 pts+18.0 pts
Q4 202528.8%-1.2 pts—
Q3 202529.9%+1.7 pts—
Q2 202528.2%+19.2 pts—
Q1 20259.0%——

Q2 2026 at a glance

First National, Q2 2026: revenue $24.0M (+7% year over year), operating margin 29.7%, net earnings $5.7M, operating cash flow $6.9M. The chart follows the revenue to costs, profit and cash.

Questions

What is First National's operating margin?

First National's operating margin was 29.7% in Q2 2026 (second quarter 2026), +2.8 pts from Q1 2026.

How has First National's operating margin changed?

Over the last 6 quarters it ranged from 9.0% (Q1 2025) to 29.9% (Q3 2025).

Q2 2026 results → · How First National makes money →