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National Bankshares (NKSH) operating margin by quarter

National Bankshares' operating margin was 38.7% in Q2 2026 (second quarter 2026), -0.8 pts from Q1 2026. Over the last 7 quarters it ranged from 20.0% (Q2 2025) to 47.4% (Q4 2025).

National Bankshares operating margin by quarterNational Bankshares operating margin by quarter30.1%Q4 202430.5%Q1 202520.0%Q2 202537.9%Q3 202547.4%Q4 202539.5%Q1 202638.7%Q2 2026
QuarterOperating marginQ/QY/Y
Q2 202638.7%-0.8 pts+18.7 pts
Q1 202639.5%-7.8 pts+9.1 pts
Q4 202547.4%+9.5 pts+17.2 pts
Q3 202537.9%+17.9 pts—
Q2 202520.0%-10.5 pts—
Q1 202530.5%+0.4 pts—
Q4 202430.1%——

Q2 2026 at a glance

National Bankshares, Q2 2026: revenue $15.7M (+18% year over year), operating margin 38.7%, net earnings $5.0M, operating cash flow $3.5M. The chart follows the revenue to costs, profit and cash.

Questions

What is National Bankshares' operating margin?

National Bankshares' operating margin was 38.7% in Q2 2026 (second quarter 2026), -0.8 pts from Q1 2026.

How has National Bankshares' operating margin changed?

Over the last 7 quarters it ranged from 20.0% (Q2 2025) to 47.4% (Q4 2025).

Q2 2026 results → · How National Bankshares makes money →