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Metlife (MET) operating margin by quarter

Metlife's operating margin was 8.9% in Q3 2026 (third quarter 2026), +0.5 pts from Q2 2026. Over the last 7 quarters it ranged from 7.1% (Q4 2025) to 9.5% (Q3 2025).

Metlife operating margin by quarterMetlife operating margin by quarter7.6%Q1 20258.0%Q2 20259.5%Q3 20257.1%Q4 20258.6%Q1 20268.4%Q2 20268.9%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 20268.9%+0.5 pts-0.6 pts
Q2 20268.4%-0.2 pts+0.3 pts
Q1 20268.6%+1.5 pts+0.9 pts
Q4 20257.1%-2.5 pts—
Q3 20259.5%+1.5 pts—
Q2 20258.0%+0.4 pts—
Q1 20257.6%——

Q3 2026 at a glance

Metlife, Q3 2026: revenue $20.5B (+18% year over year), operating margin 8.9%, net earnings $2.4B, operating cash flow $2.0B. The chart follows the revenue to costs, profit and cash.

Questions

What is Metlife's operating margin?

Metlife's operating margin was 8.9% in Q3 2026 (third quarter 2026), +0.5 pts from Q2 2026.

How has Metlife's operating margin changed?

Over the last 7 quarters it ranged from 7.1% (Q4 2025) to 9.5% (Q3 2025).

Q3 2026 results → · How Metlife makes money →