Filing Flows › NatWest Group (NWG) › Q2 2026
NatWest Group (NWG) Q2 2026 earnings results (second quarter 2026)
6-K filed Jul 31, 2026
NatWest Group (NWG) reported revenue of $4.5B for the second quarter 2026 (Q2 2026), +23% from a year earlier and +3% from the quarter before. Operating margin was 50.7%, net earnings $1.7B (37.1% of revenue).
NatWest Group, Q2 2026: revenue $4.5B (+23% year over year), operating margin 50.7%, net earnings $1.7B. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.5B | +3% | +23% |
| Operating profit | $2.3B | +12% | +39% |
| Net earnings | $1.7B | +11% | +40% |
What changed
Revenue was £4.5B in Q2 2026, up 23% year over year and up 3% from the previous quarter.
Operating profit was £2.3B, a 50.7% margin (up 5.8 points year over year). Of the extra revenue versus a year earlier, 76% reached operating profit, above the 45% margin then. Total costs grew 10% against revenue growth of 23%. Net earnings were £1.7B, up 40% year over year. The effective tax rate was 26.8%.
Questions
What was NatWest Group's revenue in the second quarter 2026?
NatWest Group (NWG) reported revenue of $4.5B for the second quarter 2026 (Q2 2026), +23% from a year earlier and +3% from the quarter before.
Was NatWest Group profitable in the second quarter 2026?
Operating profit was $2.3B (50.7% of revenue) and net earnings $1.7B.
Source: NatWest Group 6-K on SEC EDGAR.