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Sempra (SRE) operating margin by quarter

Sempra's operating margin was 35.3% in Q3 2026 (third quarter 2026), +0.2 pts from Q2 2026. Over the last 7 quarters it ranged from 12.6% (Q4 2025) to 35.3% (Q3 2026).

Sempra operating margin by quarterSempra operating margin by quarter25.7%Q1 202523.0%Q2 202520.1%Q3 202512.6%Q4 202533.2%Q1 202635.2%Q2 202635.3%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202635.3%+0.2 pts+15.3 pts
Q2 202635.2%+1.9 pts+12.1 pts
Q1 202633.2%+20.6 pts+7.6 pts
Q4 202512.6%-7.4 pts—
Q3 202520.1%-3.0 pts—
Q2 202523.0%-2.6 pts—
Q1 202525.7%——

Q3 2026 at a glance

Sempra, Q3 2026: revenue $3.2B (+1% year over year), operating margin 35.3%, net earnings $883M, operating cash flow $1.6B. The chart follows the revenue to costs, profit and cash.

Questions

What is Sempra's operating margin?

Sempra's operating margin was 35.3% in Q3 2026 (third quarter 2026), +0.2 pts from Q2 2026.

How has Sempra's operating margin changed?

Over the last 7 quarters it ranged from 12.6% (Q4 2025) to 35.3% (Q3 2026).

Q3 2026 results → · How Sempra makes money →