Filing Flows › Boston Beer (SAM) › Operating margin
Boston Beer (SAM) operating margin by quarter
Boston Beer's operating margin was 10.8% in Q3 2026 (third quarter 2026), -1.6 pts from Q2 2026. Over the last 5 quarters it ranged from 7.4% (Q1 2025) to 14.0% (Q2 2025).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 10.8% | -1.6 pts | -0.7 pts |
| Q2 2026 | 12.5% | +0.9 pts | -1.5 pts |
| Q3 2025 | 11.5% | -2.4 pts | — |
| Q2 2025 | 14.0% | +6.5 pts | — |
| Q1 2025 | 7.4% | — | — |
Q3 2026 at a glance
Boston Beer, Q3 2026: revenue $520M (-3% year over year), operating margin 10.8%, net earnings $43.2M, operating cash flow $76.6M. The chart follows the revenue to costs, profit and cash.
Questions
What is Boston Beer's operating margin?
Boston Beer's operating margin was 10.8% in Q3 2026 (third quarter 2026), -1.6 pts from Q2 2026.
How has Boston Beer's operating margin changed?
Over the last 5 quarters it ranged from 7.4% (Q1 2025) to 14.0% (Q2 2025).