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Filing Flows › Rio Tinto (RIO) › H1 2026 › vs H2 2025

Rio Tinto (RIO) H1 2026 vs H2 2025 (quarter over quarter)

Rio Tinto's revenue rose $263M (+0.9%) from $30.8B in H2 2025 to $31.0B in H1 2026. Operating margin 29.5% against 25.9% (+3.6 pts).

Rio Tinto, H1 2026: revenue $31.0B (+16% year over year), operating margin 29.5%, net earnings $6.7B, operating cash flow $9.2B. The chart draws each line against H2 2025, the increases inside each band.

Rio Tinto: what changed, H1 2026 vs H2 2025Rio Tinto: what changed, H1 2026 vs H2 2025Working capital & other−$2.0BPre-tax earnings$1.5BNet earnings$1.2BOperating profit$1.2BCosts & expenses−$932MOperating cash flow−$735MOther income, net$287MMinority interests$255MIncome tax$1.0M

Margins

H1 2026H2 2025Change
Operating margin29.5%25.9%+3.6 pts
Net margin21.5%17.7%+3.8 pts

Every line

LineH1 2026H2 2025Change%
Revenue$31.0B$30.8B$263M+0.9%
Other income, net$153M−$134M$287M—
Operating profit$9.2B$8.0B$1.2B+15%
Costs & expenses$21.9B$22.8B−$932M-4%
Pre-tax earnings$9.3B$7.8B$1.5B+19%
Net earnings$6.7B$5.4B$1.2B+23%
Minority interests$530M$275M$255M+93%
Income tax$2.1B$2.1B$1.0M0%
Working capital & other$2.5B$4.5B−$2.0B-44%
Operating cash flow$9.2B$9.9B−$735M-7%

Questions

How much did Rio Tinto's revenue grow quarter over quarter in H1 2026?

Rio Tinto's revenue rose $263M (+0.9%) from $30.8B in H2 2025 to $31.0B in H1 2026. Operating margin 29.5% against 25.9% (+3.6 pts).

H1 2026 results → · Compare in the interactive Sankey →