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Relx (RELX) operating margin by quarter

Relx's operating margin was 32.5% in H1 2026 (H1 2026), +0.8 pts from H2 2025. Over the last 3 quarters it ranged from 31.4% (H1 2025) to 32.5% (H1 2026).

Relx operating margin by quarterRelx operating margin by quarter31.4%H1 202531.7%H2 202532.5%H1 2026
QuarterOperating marginQ/QY/Y
H1 202632.5%+0.8 pts—
H2 202531.7%+0.3 pts—
H1 202531.4%——

H1 2026 at a glance

Relx, H1 2026: revenue $4.9B (+3% year over year), operating margin 32.5%, net earnings $1.2B, operating cash flow $2.0B. The chart follows the revenue to costs, profit and cash.

Questions

What is Relx's operating margin?

Relx's operating margin was 32.5% in H1 2026 (H1 2026), +0.8 pts from H2 2025.

How has Relx's operating margin changed?

Over the last 3 quarters it ranged from 31.4% (H1 2025) to 32.5% (H1 2026).

H1 2026 results → · How Relx makes money →