Filing Flows › Ryan Specialty Holdings (RYAN) › Operating margin
Ryan Specialty Holdings (RYAN) operating margin by quarter
Ryan Specialty Holdings' operating margin was 17.8% in Q3 2026 (third quarter 2026), -1.8 pts from Q2 2026. Over the last 6 quarters it ranged from 11.9% (Q1 2026) to 22.3% (Q2 2025).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 17.8% | -1.8 pts | +3.1 pts |
| Q2 2026 | 19.7% | +7.8 pts | -2.7 pts |
| Q1 2026 | 11.9% | -0.3 pts | — |
| Q4 2025 | 12.2% | -2.5 pts | — |
| Q3 2025 | 14.7% | -7.7 pts | — |
| Q2 2025 | 22.3% | — | — |
Q3 2026 at a glance
Ryan Specialty Holdings, Q3 2026: revenue $790M (+5% year over year), operating margin 17.8%, net earnings $36.7M, operating cash flow $181M. The chart follows the revenue to costs, profit and cash.
Questions
What is Ryan Specialty Holdings' operating margin?
Ryan Specialty Holdings' operating margin was 17.8% in Q3 2026 (third quarter 2026), -1.8 pts from Q2 2026.
How has Ryan Specialty Holdings' operating margin changed?
Over the last 6 quarters it ranged from 11.9% (Q1 2026) to 22.3% (Q2 2025).
Q3 2026 results → · How Ryan Specialty Holdings makes money →