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Filing Flows › Banco Santander, S.A. (SAN) › Q3 2026 › vs Q2 2026

Banco Santander, S.A. (SAN) Q3 2026 vs Q2 2026 (quarter over quarter)

Banco Santander, S.A.'s revenue rose $209M (+1%) from $15.7B in Q2 2026 to $15.9B in Q3 2026. Operating margin 30.4% against 31.5% (-1.1 pts).

Banco Santander, S.A., Q3 2026: revenue $15.9B, operating margin 30.4%, net earnings $3.4B. The chart draws each line against Q2 2026, the increases inside each band.

Banco Santander, S.A.: what changed, Q3 2026 vs Q2 2026Banco Santander, S.A.: what changed, Q3 2026 vs Q2 2026Costs & expenses$313MOperating profit−$104MPre-tax earnings−$104MNet earnings−$86.0MIncome tax−$18.0M

Margins

Q3 2026Q2 2026Change
Operating margin30.4%31.5%-1.1 pts
Net margin21.6%22.4%-0.8 pts

Every line

LineQ3 2026Q2 2026Change%
Revenue$15.9B$15.7B$209M+1%
Operating profit$4.8B$4.9B−$104M-2%
Costs & expenses$11.1B$10.8B$313M+3%
Pre-tax earnings$4.8B$4.9B−$104M-2%
Net earnings$3.4B$3.5B−$86.0M-2%
Income tax$1.4B$1.4B−$18.0M-1%

Questions

How much did Banco Santander, S.A.'s revenue grow quarter over quarter in Q3 2026?

Banco Santander, S.A.'s revenue rose $209M (+1%) from $15.7B in Q2 2026 to $15.9B in Q3 2026. Operating margin 30.4% against 31.5% (-1.1 pts).

Q3 2026 results → · Compare in the interactive Sankey →