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Filing Flows › NatWest Group (NWG) › Q2 2026 › vs Q2 2025

NatWest Group (NWG) Q2 2026 vs Q2 2025 (year over year)

NatWest Group's revenue rose $843M (+23%) from $3.7B in Q2 2025 to $4.5B in Q2 2026. Operating margin 50.7% against 44.9% (+5.8 pts).

NatWest Group, Q2 2026: revenue $4.5B (+23% year over year), operating margin 50.7%, net earnings $1.7B. The chart draws each line against Q2 2025, the increases inside each band.

NatWest Group: what changed, Q2 2026 vs Q2 2025NatWest Group: what changed, Q2 2026 vs Q2 2025Operating profit$640MPre-tax earnings$640MNet earnings$476MCosts & expenses$203MIncome tax$164M

Margins

Q2 2026Q2 2025Change
Operating margin50.7%44.9%+5.8 pts
Net margin37.1%32.7%+4.4 pts

Every line

LineQ2 2026Q2 2025Change%
Revenue$4.5B$3.7B$843M+23%
Operating profit$2.3B$1.6B$640M+39%
Costs & expenses$2.2B$2.0B$203M+10%
Pre-tax earnings$2.3B$1.6B$640M+39%
Net earnings$1.7B$1.2B$476M+40%
Income tax$612M$448M$164M+37%

Questions

How much did NatWest Group's revenue grow year over year in Q2 2026?

NatWest Group's revenue rose $843M (+23%) from $3.7B in Q2 2025 to $4.5B in Q2 2026. Operating margin 50.7% against 44.9% (+5.8 pts).

Q2 2026 results → · Compare in the interactive Sankey →