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Kenvue (KVUE) operating margin by quarter

Kenvue's operating margin was 18.2% in Q3 2026 (third quarter 2026), +0.5 pts from Q2 2026. Over the last 7 quarters it ranged from 14.2% (Q4 2025) to 19.6% (Q1 2026).

Kenvue operating margin by quarterKenvue operating margin by quarter14.9%Q1 202518.0%Q2 202516.7%Q3 202514.2%Q4 202519.6%Q1 202617.7%Q2 202618.2%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202618.2%+0.5 pts+1.5 pts
Q2 202617.7%-1.9 pts-0.4 pts
Q1 202619.6%+5.5 pts+4.7 pts
Q4 202514.2%-2.6 pts—
Q3 202516.7%-1.3 pts—
Q2 202518.0%+3.1 pts—
Q1 202514.9%——

Q3 2026 at a glance

Kenvue, Q3 2026: revenue $3.9B (+3% year over year), operating margin 18.2%, net earnings $430M, operating cash flow $700M. The chart follows the revenue to costs, profit and cash.

Questions

What is Kenvue's operating margin?

Kenvue's operating margin was 18.2% in Q3 2026 (third quarter 2026), +0.5 pts from Q2 2026.

How has Kenvue's operating margin changed?

Over the last 7 quarters it ranged from 14.2% (Q4 2025) to 19.6% (Q1 2026).

Q3 2026 results → · How Kenvue makes money →