Filing Flows › Banco Santander, S.A. (SAN) › Q2 2026 › vs Q1 2026
Banco Santander, S.A. (SAN) Q2 2026 vs Q1 2026 (quarter over quarter)
Banco Santander, S.A.'s revenue rose $542M (+4%) from $15.1B in Q1 2026 to $15.7B in Q2 2026. Operating margin 31.5% against 33.2% (-1.8 pts).
Banco Santander, S.A., Q2 2026: revenue $15.7B, operating margin 31.5%, net earnings $3.5B. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 31.5% | 33.2% | -1.8 pts |
| Net margin | 22.4% | 36.0% | -13.6 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $15.7B | $15.1B | $542M | +4% |
| Operating profit | $4.9B | $5.0B | −$97.0M | -2% |
| Costs & expenses | $10.8B | $10.1B | $639M | +6% |
| Pre-tax earnings | $4.9B | $5.0B | −$97.0M | -2% |
| Net earnings | $3.5B | $5.5B | −$1.9B | -36% |
| Income tax | $1.4B | −$426M | $1.8B | — |
Questions
How much did Banco Santander, S.A.'s revenue grow quarter over quarter in Q2 2026?
Banco Santander, S.A.'s revenue rose $542M (+4%) from $15.1B in Q1 2026 to $15.7B in Q2 2026. Operating margin 31.5% against 33.2% (-1.8 pts).