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Imperial Oil (IMO) operating margin by quarter

Imperial Oil's operating margin was 19.9% in Q3 2026 (third quarter 2026), +2.1 pts from Q2 2026. Over the last 7 quarters it ranged from 5.6% (Q4 2025) to 19.9% (Q3 2026).

Imperial Oil operating margin by quarterImperial Oil operating margin by quarter13.5%Q1 202511.1%Q2 20255.8%Q3 20255.6%Q4 20259.9%Q1 202617.8%Q2 202619.9%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202619.9%+2.1 pts+14.0 pts
Q2 202617.8%+7.9 pts+6.7 pts
Q1 20269.9%+4.3 pts-3.6 pts
Q4 20255.6%-0.2 pts—
Q3 20255.8%-5.3 pts—
Q2 202511.1%-2.4 pts—
Q1 202513.5%——

Q3 2026 at a glance

Imperial Oil, Q3 2026: revenue $16.2B (+34% year over year), operating margin 19.9%, net earnings $2.5B, operating cash flow $3.2B. The chart follows the revenue to costs, profit and cash.

Questions

What is Imperial Oil's operating margin?

Imperial Oil's operating margin was 19.9% in Q3 2026 (third quarter 2026), +2.1 pts from Q2 2026.

How has Imperial Oil's operating margin changed?

Over the last 7 quarters it ranged from 5.6% (Q4 2025) to 19.9% (Q3 2026).

Q3 2026 results → · How Imperial Oil makes money →