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Mercury General (MCY) operating margin by quarter

Mercury General's operating margin was 19.5% in Q2 2026 (second quarter 2026), +4.2 pts from Q1 2026. Over the last 5 quarters it ranged from 14.0% (Q2 2025) to 22.1% (Q3 2025).

Mercury General operating margin by quarterMercury General operating margin by quarter14.0%Q2 202522.1%Q3 202516.2%Q4 202515.3%Q1 202619.5%Q2 2026
QuarterOperating marginQ/QY/Y
Q2 202619.5%+4.2 pts+5.5 pts
Q1 202615.3%-0.9 pts—
Q4 202516.2%-5.9 pts—
Q3 202522.1%+8.1 pts—
Q2 202514.0%——

Q2 2026 at a glance

Mercury General, Q2 2026: revenue $1.7B (+14% year over year), operating margin 19.5%, net earnings $264M, operating cash flow $218M. The chart follows the revenue to costs, profit and cash.

Questions

What is Mercury General's operating margin?

Mercury General's operating margin was 19.5% in Q2 2026 (second quarter 2026), +4.2 pts from Q1 2026.

How has Mercury General's operating margin changed?

Over the last 5 quarters it ranged from 14.0% (Q2 2025) to 22.1% (Q3 2025).

Q2 2026 results → · How Mercury General makes money →