Filing Flows › Lloyds Banking Group (LYG) › Q1 2026
Lloyds Banking Group (LYG) Q1 2026 earnings results (first quarter 2026)
6-K filed Apr 29, 2026
Lloyds Banking Group (LYG) reported revenue of $5.2B for the first quarter 2026 (Q1 2026), +10% from a year earlier. Operating margin was 39.1%, net earnings $1.4B (27.3% of revenue).
Lloyds Banking Group, Q1 2026: revenue $5.2B (+10% year over year), operating margin 39.1%, net earnings $1.4B. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.2B | — | +10% |
| Operating profit | $2.0B | — | +33% |
| Net earnings | $1.4B | — | +40% |
What changed
Revenue was £5.2B in Q1 2026, up 10% year over year.
Operating profit was £2.0B, a 39.1% margin (up 6.8 points year over year). Of the extra revenue versus a year earlier, 104% reached operating profit, above the 32% margin then. Total costs fell 1% while revenue rose 10%. Net earnings were £1.4B, up 40% year over year. The effective tax rate was 23.2%.
Questions
What was Lloyds Banking Group's revenue in the first quarter 2026?
Lloyds Banking Group (LYG) reported revenue of $5.2B for the first quarter 2026 (Q1 2026), +10% from a year earlier.
Was Lloyds Banking Group profitable in the first quarter 2026?
Operating profit was $2.0B (39.1% of revenue) and net earnings $1.4B.