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Mondelez International (MDLZ) operating margin by quarter

Mondelez International's operating margin was 17.6% in Q3 2026 (third quarter 2026), -3.2 pts from Q2 2026. Over the last 7 quarters it ranged from 7.3% (Q1 2025) to 20.8% (Q2 2026).

Mondelez International operating margin by quarterMondelez International operating margin by quarter7.3%Q1 202513.0%Q2 20257.6%Q3 20259.1%Q4 20258.0%Q1 202620.8%Q2 202617.6%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202617.6%-3.2 pts+10.0 pts
Q2 202620.8%+12.8 pts+7.8 pts
Q1 20268.0%-1.1 pts+0.7 pts
Q4 20259.1%+1.4 pts—
Q3 20257.6%-5.4 pts—
Q2 202513.0%+5.7 pts—
Q1 20257.3%——

Q3 2026 at a glance

Mondelez International, Q3 2026: revenue $10.0B (+2% year over year), operating margin 17.6%, net earnings $1.3B, operating cash flow $1.3B. The chart follows the revenue to costs, profit and cash.

Questions

What is Mondelez International's operating margin?

Mondelez International's operating margin was 17.6% in Q3 2026 (third quarter 2026), -3.2 pts from Q2 2026.

How has Mondelez International's operating margin changed?

Over the last 7 quarters it ranged from 7.3% (Q1 2025) to 20.8% (Q2 2026).

Q3 2026 results → · How Mondelez International makes money →