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Oppenheimer Holdings (OPY) operating margin by quarter

Oppenheimer Holdings' operating margin was 2.3% in Q3 2026 (third quarter 2026), -6.4 pts from Q2 2026. Over the last 6 quarters it ranged from 2.3% (Q3 2026) to 22.4% (Q4 2025).

Oppenheimer Holdings operating margin by quarterOppenheimer Holdings operating margin by quarter11.2%Q1 20258.6%Q2 20257.5%Q3 202522.4%Q4 20258.7%Q2 20262.3%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 20262.3%-6.4 pts-5.2 pts
Q2 20268.7%-13.7 pts+0.0 pts
Q4 202522.4%+15.0 pts—
Q3 20257.5%-1.2 pts—
Q2 20258.6%-2.6 pts—
Q1 202511.2%——

Q3 2026 at a glance

Oppenheimer Holdings, Q3 2026: revenue $382M (-10% year over year), operating margin 2.3%, net earnings $5.4M, operating cash flow $132M. The chart follows the revenue to costs, profit and cash.

Questions

What is Oppenheimer Holdings' operating margin?

Oppenheimer Holdings' operating margin was 2.3% in Q3 2026 (third quarter 2026), -6.4 pts from Q2 2026.

How has Oppenheimer Holdings' operating margin changed?

Over the last 6 quarters it ranged from 2.3% (Q3 2026) to 22.4% (Q4 2025).

Q3 2026 results → · How Oppenheimer Holdings makes money →