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Rio Tinto (RIO) H1 2026 earnings results (H1 2026)

6-K filed Jul 29, 2026

Rio Tinto (RIO) reported revenue of $31.0B for the H1 2026 (H1 2026), +15% from a year earlier. Operating margin was 29.5%, net earnings $6.7B (21.5% of revenue).

Revenue$31.0B
Year over year+15%
Quarter over quarter—
Operating margin29.5%
Net earnings$6.7B

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 follows the revenue to costs, profit and cash.

H1 2026AmountQ/QY/Y
Revenue$31.0B—+15%
Operating profit$9.2B—+31%
Net earnings$6.7B—+47%
Operating cash flow$9.2B—+32%
Free cash flow$3.2B—+47%

What changed

Revenue was $31.0B in H1 2026, up 15% year over year.

Operating profit was $9.2B, a 29.5% margin (up 3.6 points year over year). Of the extra revenue versus a year earlier, 53% reached operating profit, above the 26% margin then. Total costs grew 10% against revenue growth of 15%. Net earnings were $6.7B, up 47% year over year. The effective tax rate was 22.8%.

Operating cash flow was $9.2B (up 32% year over year), 128% of net income including minority interests. Working capital and other items added $2.0B. Capital expenditures of $5.9B left free cash flow of $3.2B.

Questions

What was Rio Tinto's revenue in the H1 2026?

Rio Tinto (RIO) reported revenue of $31.0B for the H1 2026 (H1 2026), +15% from a year earlier.

Was Rio Tinto profitable in the H1 2026?

Operating profit was $9.2B (29.5% of revenue) and net earnings $6.7B.

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Source: Rio Tinto 6-K on SEC EDGAR.